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The Higher They Rise: Risk Mitigation Strategies for High-Rise Construction

While all construction projects involve risk, building a high-rise comes with a specific set of challenges. Due to the extended schedules and critical path nature of high rise projects, small issues can exponentially increase in significance as the project rises higher. After working on hundreds of high-rise projects over the course of my career, I can anticipate and help mitigate many of these risks for lenders and investors before they close on their commitments to the project. Most of the pitfalls of high-rise construction fall into 13 main categories. I’ve listed these below, along with mitigation strategies for each.

Click here to read the Globe St. article where I discuss the 13 most common pitfalls in high-rise construction.