US EditionGeneva reclaims title of world's most expensive city to build in, says Arcadis in latest International Construction Costs report
- Arcadis released its International Construction Costs Report on May 13, 2025, declaring Geneva the most expensive city to build in worldwide.
- Geneva overtook London due to ongoing high demand, labor shortages, and complex regulations that pressure construction costs in major urban centers.
- Zurich ranked third, followed by Munich and New York City as fourth and fifth, with inflation easing in some regions like major US cities such as New York.
- Juud Tempelman stated, “change drives opportunity,” and Arcadis highlighted that combining visionary ideas with robust planning optimizes project success amid rising complexity.
- The report suggests that constrained capital and economic uncertainty increase challenges but note strong growth in sectors like healthcare, data centers, and social infrastructure.
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The Courier-Tribune+24 Reposted by 24 other sources
Geneva reclaims title of world's most expensive city to build in, says Arcadis in latest International Construction Costs report
London falls to second place; Zurich, Munich, and NYC round out the top five most expensive cities.Labor shortages and regulatory complexity fuel cost escalation as new global dynamics shape development realities.Bright spots emerge in growth areas such as energy infrastructure…
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