As redevelopment of the old police headquarters in downtown Durham faces another potential delay, four other major projects in the area are also behind schedule.
On Thursday, the Durham City Council will consider ending negotiations with The Peebles Corp. on the police headquarters project.
“Construction costs continued to increase, outpacing the growth of rent in Downtown Durham,” Jina Propst, director of Durham’s General Services Department, said in city documents. “Potential tariffs threaten to further increase the cost of raw materials and interest rates remain at elevated rates in response to broader economic uncertainty.”…