The retail and entertainment industry is a cornerstone of American culture, shaping the social fabric with shared experiences, driving economic vitality and reflecting the diverse tapestry of society.
First impressions are often vital to consumers and patrons. The ambiance of shopping centers, boutiques, cinemas, and theme parks directly influence customer satisfaction. Cleanliness and public safety are at the forefront of customer concerns, necessitating immaculate, well-functioning facilities complemented by a welcoming, proficient workforce.
Facility managers and business owners are proactively upgrading to high-efficiency air filtration systems, incorporating touchless technologies, and redesigning spaces to enhance safety and comfort for all visitors. Adapting to environmental sustainability standards, customizing experiences to meet customer preferences and ensuring robust safety protocols are essential.
Gordian’s RSMeans Data can help estimate these costs. With localized, square-foot costs on over 100 building models including various hospitality industry facilities, RSMeans Data allows architects, engineers and other preconstruction professionals to quickly and accurately create conceptual estimates for future builds. This table shows the most recent costs per square foot for restaurants, social clubs, one-story department stores, retail stores and movie theaters in select cities.
Visit rsmeans.com/bdandc for more information about Gordian’s RSMeans Data.
Location | Restaurant | Social Club | Department Store, 1 Story | Retail Store | Movie Theater |
National Average | $266.90 | $219.57 | $160.11 | $214.35 | $228.19 |
New Orleans, LA | $223.84 | $183.73 | $138.01 | $175.69 | $194.34 |
Miami, FL | $228.22 | $185.42 | $138.63 | $178.52 | $196.15 |
Phoenix, AZ | $238.78 | $195.61 | $144.13 | $186.88 | $205.23 |
Washington D.C. | $254.85 | $209.67 | $156.47 | $202.56 | $217.50 |
Seattle, WA | $288.61 | $238.75 | $172.87 | $233.28 | $245.44 |
Las Vegas, NV | $285.19 | $233.47 | $172.47 | $232.14 | $243.34 |
Boston, MA | $306.19 | $253.37 | $181.10 | $252.54 | $261.19 |
Los Angeles, CA | $311.14 | $257.93 | $182.38 | $255.75 | $265.44 |
Chicago, IL | $327.79 | $268.76 | $191.04 | $274.51 | $278.57 |
New York, NY | $350.82 | $291.32 | $204.60 | $294.43 | $296.88 |
Please note: Square foot models are used for planning and budgeting and are not meant for detailed estimates.
More building construction cost reports from Gordian:
Related Stories
Market Data | Apr 6, 2023
JLL’s 2023 Construction Outlook foresees growth tempered by cost increases
The easing of supply chain snags for some product categories, and the dispensing with global COVID measures, have returned the North American construction sector to a sense of normal. However, that return is proving to be complicated, with the construction industry remaining exceptionally busy at a time when labor and materials cost inflation continues to put pricing pressure on projects, leading to caution in anticipation of a possible downturn. That’s the prognosis of JLL’s just-released 2023 U.S. and Canada Construction Outlook.
| Sep 8, 2022
U.S. construction costs expected to rise 14% year over year by close of 2022
Coldwell Banker Richard Ellis (CBRE) is forecasting a 14.1% year-on-year increase in U.S. construction costs by the close of 2022.
Market Data | Oct 11, 2021
No decline in construction costs in sight
Construction cost gains are occurring at a time when nonresidential construction spending was down by 9.5 percent for the 12 months through July 2021.