<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=192888919167017&amp;ev=PageView&amp;noscript=1">
Saturday,  November 23 , 2024

Linkedin Pinterest
News / Business / Clark County Business

Spiking lumber costs splinter Clark County homebuilders’ budgets

By Anthony Macuk, Columbian business reporter
Published: May 15, 2021, 6:04am
success iconThis article is available exclusively to subscribers like you.
3 Photos
Stacks of lumber sit on the lot ready to be used to construct apartment buildings on Friday at the Latitude 45 apartment complex in Vancouver. Local builders have had to navigate rising lumber prices amid a national spike in demand.
Stacks of lumber sit on the lot ready to be used to construct apartment buildings on Friday at the Latitude 45 apartment complex in Vancouver. Local builders have had to navigate rising lumber prices amid a national spike in demand. (Joshua Hart/The Columbian) Photo Gallery

When Vancouver-based Ginn Development began work on the Latitude 45 apartments in 2019, the cost of lumber per unit for the east Vancouver complex was $8,188.

Phase 2 of the project kicked off this year — a similarly sized cluster of similarly designed apartment buildings on an adjacent parcel of land.

Thank you for reading The Columbian.

Subscribe now to get unlimited access.

Already a subscriber? Sign in right arrow icon
Loading...
Columbian business reporter