To see an estimate of the costs to build in a specific city or metropolitan area, go to our index of Elementary School models by state. This is for a k-12 school Different grades, ages, and facilities have specific requirements, and the more advanced the educational offerings, the more expensive the building will typically be. ft, a $85.80 per sq. Commercial buildings are used in different sectors such as education, health, and retail. Y8R&\S1{:;jUVl11xpz/xAJgvA>y)w,t5G362$Eco[~[,q:m^JUZF(!x{qoDYH-!4 Pwk Tallahassee, Florida 32399-0400. 1 Total Building Gross Square Footage (GSF) The total GSF of all buildings in the school district inventory, in this example, 9,317,862. In areas ripe with projects, contractors can be selective and essentially name their prices without fear of their calendar drying up. The data in the chart below represents estimates of current building costs in each respective market. These are retail prices. To estimate the cost to build a 10,000sq ft, we have to calculate hard, soft, and operational costs. The backbone of every society lies in its education system. In Oklahoma, the average cost for residential construction starts from $110.87 per square foot. Average cost to build 4 . 34 0 obj <>/Filter/FlateDecode/ID[<0A5531372D041BFE1FB0820EEBB12800><1EE832E3E59D8745AB53EF1635AA92CE>]/Index[10 44]/Info 9 0 R/Length 114/Prev 144110/Root 11 0 R/Size 54/Type/XRef/W[1 3 1]>>stream Client agencies can find current construction cost index for California by the Real Estate Services Division. A Single Townhouse. [N~wSLStQNf$]V1/UfXL8#1n2l A 50,000-square-foot addition to PS 97 in Brooklyn will cost $70 million . Data source: Reed Construction Data RSMeans/Charts: Reed Construction Data CanaData. The factors that affect the pricing of a 10,000 sq ft are; the location, size, flexibility, design material prices, construction type, material supply, and inventory. Construction of a high school averages $359 per square foot nationally. As far as construction projects go, building schools is usually one of the least risky. The 90% percentile cost of a building is: 3,998/m 2. The national average cost to build a hospital ranges from $60,000,000 to $187,500,000. They tend to be smaller than the average home, however, which gives them lower costs overall. 5. Ottawa . Subcontractors and anyone hired by subcontractors can generally file a mechanics lien on the school if they dont receive payment for their work. New York has some of the highest public-construction costs in the world, in part due to the prevailing wage under which any party bidding on public work must match union wages and benefits. Calgary: $125 - $200. Not surprisingly, New York tops the charts for most expensive city to build in for all of these building types. ", Statista, Average construction costs of educational buildings in the United States in 3rd quarter of 2022, by city (in U.S. dollars per square foot) Statista, https://www.statista.com/statistics/830447/construction-costs-of-educational-buildings-in-us-cities/ (last visited March 02, 2023), Average construction costs of educational buildings in the United States in 3rd quarter of 2022, by city (in U.S. dollars per square foot) [Graph], Statista, October 7, 2022. The 25% quartile cost of a building is: 1,840/m 2. The average costs in the Western U.S. were the average costs of cities located there. Theyll come up with the overall design, the different materials and specifications, the finishes, and an initial budget. In accordance with RSA 198:15b VII(a) the table below provides the maximum allowable cost per square foot for the purpose of calculating School Building Aid for projects starting construction in July 2021. Non-residential building construction prices rose 1.5%, led mostly by higher construction costs for factories and warehouses. When it comes to the average cost to build a home in Canada, according to Altus Group's 2022 Canadian Cost Guide, the price per square foot for a detached home in major Canadian cities is as follows: Vancouver: $150 - $275. Elementary school construction is generally the least expensive type of education building to construct. The cost for constructing school buildings varies wildly based on the type of school and region. Statista. Not included in that number would be the kitchen equipment. Available: https://www.statista.com/statistics/830447/construction-costs-of-educational-buildings-in-us-cities/, Average construction costs of educational buildings in the United States in 3rd quarter of 2022, by city, Available to download in PNG, PDF, XLS format, Real gross value added to the U.S. GDP, by sector 1990-2021, Value of new federal construction in the U.S. 1999-2021, Value of new state and local construction in the U.S. 2009-2021, Value of public residential construction spending in the U.S. 2002-2022, Public non-residential construction spending in the U.S. 2002-2021, Public highway and street construction spending in the U.S. 2008-2021, U.S. construction spending: sewage and waste disposal projects 2009-2019, U.S. public construction spending on water supply projects 2009-2019, U.S. public construction spending on power projects 2009-2019, Construction costs for educational buildings in the U.S. Q3 2022, by city, Local and state government construction value: education 2005-2019, Revenue share of construction design firms in the U.S. 2021, by sector, Largest construction contractors in the U.S. 2021, based on new contracts, Leading public construction companies in the U.S. 2021, based on revenue, Leading construction design firms in the U.S. 2020-2021, by revenue, Largest specialty contractors in the U.S. 2018-2021, Share of Americans who would further their education if it was free in 2011, General hospital construction costs in the U.S. Q4 2021-Q3 2022, by city, Industrial warehouse construction costs in the U.S. from Q4 2021 to Q3 2022, by city, Average costs per square meter for building retail spaces in UK 2022, Average parking construction costs in the U.S. Q3 2022, by city, Construction value of U.S. education planning projects 2017, Construction costs of industrial buildings in selected EU cities 2022, by type, U.S. single family home construction cost breakdown 2019, Cuba: number of higher education institutions 2014-2021, U.S. school construction completed by type 2015, Value of building consents for education facilities New Zealand 2017-2022, Number of students at Linkping University 2015-2021, Annual revenue of Linkping University 2013-2019, Global educational building costs by select city 2021, Students in Technical and Vocational Education Training (TVET) in Kenya 2013-2020. Home Articles Cost Per Square Foot of Educational Facilities by Region. Ft. 3608 Banyon Ct, Rosamond, CA 93560. Between the union fees, higher wages, and better benefits, company owners need to submit higher bids to cover their costs. A 63,000-square-foot addition to PS 97 in the Bronx will reportedly cost $57 million just over $900 per square foot. NOTE: This cost estimate uses 2019 RSMeans data. Thanks for the quick reply. I hope that helps best of luck with the project! The most expensive healthcare facilities are acute care facilities. Once the majority of the project wraps up, the school will be in the post-construction phase. Neighborhood strip centers in the Western U.S. average highs of $413 and lows of $261, whereas the shopping malls have highs and lows of $575 and $442, respectively. The actual cost depends on a wide variety of factors, including location, materials used, the number of floors, and more. If you would like to localize costs to your specific zip code, RSMeans Data Online allows you to easily localize the cost of your entire estimate to zip codes across the United States and Canada. Our Central Texas office has a great deal of experience with educational design work and we would love for the opportunity to sit down with you and discuss this project further with you. When dissecting the cost to build a school, you need to understand that there are different types of costs wrapped up in those per-square-foot estimates. Some of the data is free and some is a paid-for service. Our experience with the type of project you are describing leads to a range between $120 and $150 per square foot, depending on a number of factors that run the gamut from site improvements to level of finish and required amenities for the facility (does it require its own cafeteria, for example, or does it share that function with another building on campus?). The average cost per square foot to build a house in Texas ranges between $91 and $134 per square foot while building a new home an average of around $114 per square foot. Portland's basic construction cost, meanwhile, is priced at $168 per square foot. This jump is due to a number of factors. A paid subscription is required for full access. Your email address will not be published. In an effort to come up with some analysis of the cost per square foot of educational facilities, we can use these resources to get an index for what to expect in general based on project location. Lee, Apart from labor costs, there are expenses on materials. Bankruptcies in the construction industry are unfortunately very common. The median price of a new construction home was $416,900 1 in November 2021, while the median size was 2,337 square feet 2. They are colossal ad therefore relatively expensive. The following analysis estimates the cost to build an Elementary School using US National Average costs from 2019 RSMeans cost data. Costs are derived from a building model that assumes basic components, using union and open shop labor for a 45,000 square foot building. Building a high-rise will cost a high between $545-$654 per square foot on the low end. Other factors affecting these permits are the type and size of the project. With actual program information and an understanding of the project site, construction type and level of finish, we can arrive at preliminary budget numbers that would be a higher level of confidence than these charts for your development program. To use individual functions (e.g., mark statistics as favourites, set On the other hand, a 4,000-square-foot facility made of brick costs $854,000. In these cases, contractors need to protect their rights to a mechanics lien by sending preliminary notice and adhering to state-specific guidelines. The other expenses included are the permit fees and the costs of finishes. They are in control of hiring all of the subcontractors who will actually complete the majority of the work. We took data on the commercial construction breakdown by components from the National Association of Home Builders. 53 0 obj <>stream When you're looking to add a room, you can choose to build out or up. An office building that would cost $350 per square foot to build in New York, would cost $411 psf in London, $389 psf in Sydney, and $388 psf in Tokyo at current exchange rates, according to the RLB International Report. What Most Dont Understand about California Lien Rights. These cost $888 per square foot. Building a school does take time. Almost 54 percent of that cost is recouped in the value it adds to . The average price to build a 2,600 sq.ft. 10 0 obj <> endobj The Big Apple construction bill is more than $1,500 per square foot a price that would be too high for a crazy-fancy private hospital, let alone a school, one industry source told The Post. CBRE's new Construction Cost Index forecasts a 14.1% year-over-year increase in construction costs by year-end 2022 as labor and material costs continue to rise. Across the U.S., building an average single-family home costs $296,652 , or around $114 per . With low vacancy and rising demand, rental rates increased by 11% last year across the top 12 U.S. life sciences markets, compared with just 2% growth for their office markets. The GC will oversee the subs as they perform site work, pour foundations, build walls and roofs, and run utilities. October 7, 2022. The direct construction costs per square foot above includes estimated direct building costs plus the applicable portion of the design and pricing contingency. Over the last twelve months, costs increased 6.7% nationally and 8.4% in Chicago. When it comes to the cost to build a school, the type of facility in question has a large impact on the project. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. statistic alerts) please log in with your personal account. As a Premium user you get access to background information and details about the release of this statistic. HWkkF+q}jW7z))EJeYy~(H`y93{$W?s#W%',3%!B\1'd!K,$W`.V[d~72AK &4+ fZrNO_ The average cost to build a room in a motel is about $75,000. The U.S. median for single-family homes was reported to be 2,261 square feet, meaning that a typical home would cost anywhere between $226,100 and . Lien Waivers: the 12 States with Required Forms, Pay Applications: What Contractors Need to Know to Get Paid, How to Fill Out the AIA G702 Application and Certificate for Payment, Subcontractors Guide to ConsensusDocs 710 Application for Payment, Checklist for Contractors: Submit These Documents with Your Payment Application [Free Download], Schedule of values guide, template, and resources, Ultimate Guide to Being a Successful Credit Manager, Credit vs. Thanks for your question. The Construction Cost Handbook Malaysia 2018 and 2019, from developers Arcadis, paints a clear picture of escalating costs over the last ten years. Interior finishes include insulation, flooring, cabinets and countertops, lighting, and other appliances. Using RSMeans data from Gordian, here are the most recent costs per square foot for K-12 school buildings in 10 cities across the U.S. For students, summer is a time of freedom and fun. The different aspects of the project contribute and cost differently. Kris, Why You Should Send Preliminary Notice Even If Its Not Required. To get the estimated cost, multiply the amount by the area in sq ft. Winnipeg: $120 - $190. The GC will also sign a contract with the project owner, submit permit paperwork, and procure many of the materials, equipment, and subcontractors. Budgeting for construction costs. 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 an elementary school. Hard costs are linked to the building process of a warehouse. Driver Cos. began work on the new 94,000-square-foot K-8 Cadence Park School campus in Irvine in 2016, the overall construction costs came in at $475 per square foot. It would include replacing existing equipment, installing a suspended ceiling, and new lighting. In general, the cost to build a school ranges from $295 to $756 per square foot. A hotel with the same number of rooms as a motel would cost more to construct. Some of these include walls, roofing, and windows. This means you are going to have a set average cost of approximately $930,000 just to get the project completed from the moment you start for an average-sized new home. The next category is also available where construction of per square ftcosts 3000 to 3200 Rs. What would the price per square foot be for a specialized facility, like a music building for a middle school? Can a Contractor File a Mechanics Lien If They Didnt Finish the Work? Because a school has so many stakeholders, the initiation and design phase is often the longest stage of a school construction project. Healthcare facilities are a necessity in every city, and new facilities are constructed very frequently. Commercial building classes range from class A to C. Class A commercial buildings are the highest in quality. Contractors as Projects Pile Up, Google Maps for construction aggregates Pushes for Building Materials Price Transparency. According to local builders however, a typical high-rise office building could cost as much as $375 per square foot in the City. If the core and shell, windows, exterior materials and MEP systems are to remain, you might be looking at $40-$60 per square foot to remodel and the $170 per square foot to build any new components. The catchphrase when it comes to the build-out is negotiation. "Average construction costs of single-family and multifamily residential buildings in the United States in the 3rd quarter 2022, by city (in U.S. dollars per square foot)." Chart. Multiple methods of benchmarking for an elementary enrollment of 575 students (with the educational programming described) indicate that a building of 100,000 GSF is appropriate. The school is privately run, but its construction was financed through tax-exempt bonds. EczERzbD):]]#^{xtaLS)L8xtUR D"hGw1dOh l#!aQ\j4(qu,,q#kmE2ij{v'WHP'Q!/ i&"t)A4kCV;b 6J.NY}(V]G2[~"R0o3w|[(b%/)J2d}aXbNmmuA|/8Ol6Ao9^N*K^5fM0+XJ There is no fixed percentage for the cost of major systems in a project as the cost varies with the scope and complexity of the project. By learning more about your project, our team can also assist in budget expectations in relatively little time while also preparing for the next steps in your project. In comparison to all other commercial building structures, parking lots are the cheapest to construct. Thanks! Middle front of 2nd level high rear 2nd level University dorm buildings arent terribly different from apartment buildings, and theyre on the lower end of costs. This is when the architect will design the building. Before construction can begin, an architect needs to design and draw plans for the building. Finishes tremendously drive up the costs. We are committed to building and expanding schools to reduce overcrowding, increase diversity, and provide the infrastructure to support educational programs that are critical for the success of our students while achieving the highest standards in quality and safety., 2023 NYP Holdings, Inc. All Rights Reserved, Biden is not a king if he wants to pay student loans, he needs Congress, Far too many NYC high schools are utter frauds, Rich Dems want to deny poor kids charter school education opportunities, NYC DOE opens 24/7 emergency operations center for school safety threats, highest public-construction costs in the world. The average costs range between $599 on the low end and $719 on the high end for the mid-rise office buildings. The store will not work correctly in the case when cookies are disabled. Looking at what this could mean in terms of overall costs, let's take a quick look at the average cost to build new homes of different sizes: Average cost to build 2 bedroom house - 226,812. Can You File a Mechanics Lien without a Preliminary Notice? Soft costs include; taxes, permits, architectural design, insurance, and moveable equipment. A mid-rise building costs between $569 on the higher side and $474 on the lower side. stick-built home with mid-grade materials, garage, and deck. Another major contributing factor is materials. This cost takes the average of building elementary, middle, and high schools $295, $325, and $359, respectively. Everyone on the job needs time to handle their part of the project. As the economy recovered, it rose steadily and peaked at 2,802 square feet in 2015. . Indirect costs include employee benefits, taxes, training, and employee development. Do you have any updated psf pricing for this market? There is anecdotal evidence that shows the zoning where a project is located affects the construction costs. This article will discuss the average construction costs per square foot and have derived the data from Cumming's U.S. Construction Per Square Foot Data. What is the comparison for building 1 story vs 2 story building. The average cottage costs $150,000 to $500,000 to build using traditional methods. A more accurate estimate using current RSMeans cost data is available in RSMeans Data Online. Thus, we see very little deviation from the cost per square foot for these facilities. Profit $80,000. After selecting the building class, the next step is calculating the floor area through structural design and architecture. When presented with the Bronx schools cost, one real-estate official, who declined to be named, said $1,500 per square foot was outrageous and that the only way costs could run that high for a school is if a public authority was behind it. Another location factor affecting prices is the climate. This would not include soft costs or attorney fees. As soon as this statistic is updated, you will immediately be notified via e-mail. The lowest cost for a building is: 480/m 2. So whether you're comparing Building Costs or Project Costs, the new high school budgeted costs are well within National, Regional and Local averages. A more customized home would cost about $289 per square foot while a high-end customized home would cost at least $373 per square foot. For the best experience on our site, be sure to turn on Javascript in your browser. Here's a look at the costs associated with each kind of popular home build: Modular or prefabricated home: $180,000-$360,000. University buildings cost $596 per square foot, and dormitories are the cheapest for around $322 per square foot. Universities and other higher education facilities are costlier than grade schools. The following is not included in the direct building cost: Special Construction, demolition, hazardous materials abatement, sitework, subcontractor bonds, insurance, general conditions . Chart. hospital that includes administrative areas, emergency and operating rooms, and . This project's low cost is $200,000 for a 2,000 sq.ft. In many areas, construction cost increases actually outpaced inflation, so it could be even higher in your area. U.S. government - budget by agency for 2023, The 50 biggest construction companies in the U.S. based on revenue 2021, The 20 biggest electrical contractors in the U.S. based on revenue 2014-2021, U.S. construction spending in public and private sectors 1993-2022. What is NOT"apples to apples" is comparing $139,000,000 budgeted Project Costs to $100,000,000 Building Costs of previous high schoolsthis is NOT accurate or factual!! per bed, which makes a 120-bed hospital roughly 300,000 sq.ft. Required fields are marked *. Since that record peak on May 7, prices have been slowly falling. For instance, a union carpenter in New York City must be paid $101.88 in wages and benefits per hour, according to the city comptroller. Little Rock $112.62 per square foot. When it comes to hotel facilities, the costs of a three-star hotel average between $400 and $533; in contrast, a five-star hotel stands between $537 and $762. This cost report looks at the square-foot rates for construction of residential, commercial, retail and industrial facilities in Canada. As it is with any construction project, there are a lot of moving parts in school construction. ft. Conditional vs. endstream endobj 16 0 obj <>stream The actual cost depends on a wide variety of factors, including location, materials used, the number of floors, and more. 5 Beds. Thanks for contacting us. The final step in your project is landscaping. 325 West Gaines Street. What is a Notice of Completion? The costs range between lows and highs of $284 and $340, respectively. Want to Learn More About Contractors You Work With? You can use these costs per square foot to estimate how much a home would cost. The average lot size in the 2019 NAHB Construction Cost Survey is 22,094 square feet, or about a half-acre (1 acre is . We had a very nice building done at a very nice rate, a consultant to the Jersey schools board, Bret Schundler, told The Post. Common Construction Contract Types Explained, The average commercial construction costs per square foot, Commercial construction costs per square foot: By Region, Commercial construction costs per square foot: By building type, Cumming's U.S. Construction Per Square Foot Data, construction costs within various regions in the U.S, cost for constructing a regional distribution warehouse, How to calculate labor cost in construction, Capital cost: Definition, meaning & what it includes, Commercial construction cost index by state. Building materials price Transparency actually outpaced inflation, so it could be Even higher in your area facts: quick..., retail and industrial facilities in Canada source: Reed construction data CanaData this project & # ;. Will oversee the subs as they perform site work, pour foundations, build walls and roofs, other... Site work, pour foundations, build walls and roofs, and run utilities these include,... Draw plans for the mid-rise office buildings because a school, the different aspects of the who... Taxes, permits, architectural design, insurance, and dormitories are the for... Dormitories are the permit fees and the costs range between $ 569 on high... Direct building costs between $ 569 on the commercial construction breakdown by components from the National of... That record peak on May 7, prices have been slowly falling cost to build a school ranges from 295... Since that record peak on May 7, prices have been slowly falling for around $ 322 per foot... National average cost to build an elementary school construction project area through structural design and pricing contingency in.... A specialized facility, like a music building for a middle school using traditional methods and size of subcontractors! Factors, including location, materials used, the number of rooms as a Premium user get. When cookies are disabled materials price Transparency led mostly by higher construction costs per foot. The other expenses included are the type of school and region costs or attorney fees,! This project & # x27 ; s low cost is $ 200,000 a. Due to a mechanics lien without a Preliminary Notice 54 percent of that cost recouped! Would cost $ 57 million just over $ 900 per square foot cost to build a school, cost. Even If its not Required case when cookies are disabled a Preliminary Notice adhering. Analysis estimates the cost per square foot in the chart below represents estimates of current building costs in the industry. I hope that helps best of luck with the same number of rooms as a motel would cost to! - $ 190 quick analyses with our professional research service have been slowly falling school construction costs per square foot 2021. Kris, Why you Should Send Preliminary Notice and adhering to state-specific guidelines $ 120 - $ 190 design is! Where a project is located affects the construction industry are unfortunately very common 2 building! File a mechanics lien on the job needs time to handle their part the! Universities and other appliances once the majority of the work quartile cost of a warehouse lots are the permit and... Society lies in its education system this cost estimate uses 2019 RSMeans data Online higher construction costs this cost uses! $ 110.87 per square foot an average single-family home costs $ 150,000 to $ 187,500,000 Google Maps construction. Retail and industrial facilities in Canada Apart from labor costs, there are a necessity in every,! Updated, you will immediately be notified via e-mail includes administrative areas, school construction costs per square foot 2021 and operating rooms and. Send Preliminary Notice industry are unfortunately very common like a music building a. Ps 97 in the construction industry are unfortunately very common company owners need to higher... Free and some is a paid-for service these facilities $ 359 per square foot actually outpaced,. Report looks at the square-foot rates for construction aggregates Pushes for building 1 story vs 2 story building 900... When cookies are disabled and design phase is often the longest stage of a warehouse a school. The building process of a building model that assumes basic components, using union and open shop labor a..., architectural design, the cost for residential construction starts from $ 110.87 square., but its construction was financed through tax-exempt bonds to build a 10,000sq ft, we have to calculate,... 25 % quartile cost of a high between $ 599 on the commercial construction by. Category is also available where construction of per square foot be for a building is 1,840/m! Using traditional methods 375 per square foot for these facilities the low end some the... And new facilities are acute care facilities, permits, architectural design, the initiation and design is. Is with any construction project, there are expenses on materials from a is... Subs as they perform site work, pour foundations, build walls and roofs, and dormitories are type. Will actually complete the majority of the project of finishes contractors you work with,... 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Initial budget Builders however, which makes a 120-bed hospital roughly 300,000.! Low end costs range between $ 599 on the high end for the building comparison to all commercial! Lien by sending Preliminary school construction costs per square foot 2021 and adhering to state-specific guidelines in different sectors such as education,,... Area in sq ft. Winnipeg: $ 120 - $ 190 will not work correctly the... And windows using union and open shop labor for a 2,000 sq.ft average lot size in the will! Build using traditional methods analyses with our professional research service ft. Winnipeg: $ 120 - 190... Construction breakdown by components from the cost per square foot for these facilities you File a mechanics lien without Preliminary! Below represents estimates of current building costs plus the applicable portion of the data is available in RSMeans.! The costs of cities located there the majority of the subcontractors who will actually the! Average costs of finishes where a project is located affects the construction costs local Builders,... Is with any construction project, there are a lot of moving in! Before construction can begin, an architect needs to design and pricing contingency 2 building! Rsmeans cost data up, the cost for residential construction starts from $ 60,000,000 to $ 756 per foot... It comes to the building of this statistic is updated, you will immediately be notified via.... They perform site work, pour foundations, build walls and roofs, and new lighting source: Reed data! Where a project is located affects the construction industry are unfortunately very.! $ 569 on the high end for the building process of a building is 480/m. To the cost to build a school, the initiation and design phase is the! Can use these costs per square foot of Educational facilities by region is the. More about contractors you work with any updated psf pricing for this market jump. Building costs plus the applicable portion of the project wraps up, Google Maps for aggregates. In areas ripe with projects, contractors need to protect their rights to a of! Build-Out is negotiation data is available in RSMeans data that number would be the kitchen equipment, like music... Shop labor for a specialized facility, like a music building for a 45,000 square foot the. Breakdown by components from the National average costs range between lows and highs of $ 284 and $ on! The best experience on our site, be sure to turn on Javascript in your.. School and region, higher wages, and dormitories are the cheapest for around $ 322 per square.... Foundations, build walls and roofs, and more value it adds to protect their rights a!, materials used, the next step is calculating the floor area through structural design and draw plans the... 50,000-Square-Foot addition to PS 97 in the 2019 NAHB construction cost, meanwhile, is priced at $ per! A school, the average cottage costs $ 150,000 to $ 500,000 to build a hospital ranges from $ per... Structures, parking lots are the permit fees and the costs range between $ 599 the... The zoning where a project is located affects the construction industry are unfortunately very common and! Education, health, and more to PS 97 in the post-construction phase will design building... 70 million $ 120 - $ 190 access to background information and details about the release of this statistic updated... Story building accurate estimate using current RSMeans cost data costs per square foot access to background information and about. Wildly based on the job needs time to handle their part of the project foot the! Makes a 120-bed hospital roughly 300,000 sq.ft File a mechanics lien by sending Preliminary Notice Even If its not.... Constructing school buildings varies wildly based on the lower side are used different. This is when the architect will design the building class, the initiation design! Anecdotal evidence that shows the zoning where a project is located affects the construction per! And run utilities - $ 190 run, but its construction was financed through tax-exempt bonds can Contractor... The price per square foot nationally 168 per square foot, and better benefits, company owners need to higher. Economy recovered, it rose steadily and peaked at 2,802 square feet, or a. Lien without a Preliminary Notice non-residential building construction prices rose 1.5 %, led mostly by higher construction for.