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Glossary
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New Construction

New Construction

What is it?

Constructing a new building or structure from the ground up.

Definition

New Construction refers to the process of building a brand-new structure from the ground up, including planning, design, and actual construction. It involves site preparation, erecting the framework, and finishing the interior and exterior of the building. This process is essential for developing new residential, commercial, and public spaces, meeting current needs and standards.

Example

The new construction of a downtown office tower,aims to provide state-of-the-art facilities for local businesses and office workers.