Cost per Square Foot of Commercial Construction by Region
We get this question all the time: How much does it cost to build a commercial building? There is no quick answer and without more information about the project and its location, is essentially akin to asking how many angels can dance on the head of a pin. However, there is some guidance provided we know where you are located and what kind of building you are looking to build. Local economy is a very important factor in construction cost as well as the type of construction you intend to build.
We subscribe to RSMeans’, researchers of construction cost data nationwide, and have come across some important current data on the cost of commercial construction for four different commercial project types as a function of their location. Note, that not all types of construction cost the same per square foot, and even more importantly, the cost of construction per square foot varies significantly with location.
Below are four different types of commercial construction and the varying cost per square foot to expect for each in different regions. All graph images are courtesy of RSMeans Construction Cost Data. Data source: Reed Construction Data – RSMeans/Charts: Reed Construction Data – CanaData
One Story Office Building
As you can see from the range of cost per square foot, location alone can represent as much as 70% of the cost driver for a single story office building. The median for this type of construction is between $160 and $170 per square foot. Not surprisingly, New York tops the charts for most expensive city to build in for all of these building types.
Convenience stores are generally less expensive to construct than the other building types because of their simpler nature. The median cost for this commercial building type hovers around $100 per square foot.
Fast Food Store
Because of the new trends in fast food being more boutique and less assembly line, the cost for a typical fast food restaurant is on the rise. Expenses for kitchen equipment also drive this building type to a median of near $200 per square foot, the most expensive of the four building types in this discussion.
Day Care facilities fall in the middle of this class of buildings for a median cost of around $140 per square foot.
It is increasingly important to understand the cost drivers for any commercial project and how building type, construction type and location can all be huge variables that will drive your cost per square foot. These are always a part of the initial programming discussions and the Architect will play a huge role in helping to define the ranges of cost to expect for the project.
We’re thrilled to have had our new EVstudio Building published in the Colorado Real Estate Journal! For the full story, see the CREJ article here at this link: http://crej.com/news/architect-designs-vacant-office-building-will-call-home/
Revit is an excellent BIM program that can improve the efficiency of producing construction documents. However, as designers and draftsmen, we are always trying to find ways to be even more efficient. Below are some keyboard shortcuts and tips that have really helped me. A […]
The majority of EVstudio’s projects are in Colorado and the projects that we do through 157 Architecture are all in Texas. However we have done work in quite a number of states and we enjoy practicing in new areas. In the last couple years we’ve […]
Design-build is a common delivery method in construction and a popular buzz word in the industry. What it generally means is that you hire a single person or company who both designs your project and builds your project. Design-build can be great and it can […]
EVstudio was recently asked to value engineer a proposed revision to the foundation of a custom home in Evergreen Colorado that we had previously provided structural design services for. This particular home was originally designed for a slab on grade lower level floor with an […]
There are many structural failures that can take place after a structure is in place. But is important to know what kind of failures can take place while you are designing a structure. Some of the more common failures include: Failure of Connections Failure of […]
Occasionally when designing small residential units the question comes up about what the minimum size is for a room and what the minimum ceiling height needs to be. For single family homes and duplexes we go to the 2006 International Residential Code. It states that […]
I know that all engineers loved taking Mechanics of Materials in college – where finding the mass moment of inertia, radius of gyration, and centroid were actually enjoyable problems to work out. However, AutoCAD has made our lives much easier by integrating a MASSPROP command […]