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Some construction projects in Maryland are costing tens of millions of dollars more than original estimates, in large measure because of a lack of
skilled trades in the region.
The increase in price for just two large projects at the University of Maryland? About $64 million.
“It was about 2014 when the labor shortages started appearing, first in the Washington, D.C., submarkets then in Baltimore a couple years later, then fairly prevalent throughout the state now,” said Bob Aydukovic, president of the Maryland Center for Construction Education & Innovation.
Read More (via Maryland Matters)