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Industry Data
By Jim Haughey, Reed Business Information Economist
June 1, 2005
Building Design and Construction
Cost comparisons per square foot in select metro markets
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Hotel, 4–7 stories |
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Hotel, 8–24 stories |
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|
Motel, 2–3 stories |
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Apartment, 4–7 stories |
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|
'05 |
'04 |
% chg. |
'05 |
'04 |
% chg. |
'05 |
'04 |
% chg. |
'05 |
'04 |
% chg. |
| Atlanta |
111.54 |
102.52 |
8.8 |
106.69 |
97.94 |
8.9 |
118.96 |
113.75 |
4.6 |
114.81 |
105.68 |
8.6 |
| Baltimore |
114.89 |
105.34 |
9.1 |
109.89 |
100.64 |
9.2 |
122.53 |
116.89 |
4.8 |
118.25 |
108.59 |
8.9 |
| Boston |
144.06 |
132.49 |
8.7 |
137.79 |
126.58 |
8.9 |
153.64 |
147.01 |
4.5 |
148.28 |
136.58 |
8.6 |
| Chicago |
138.68 |
126.74 |
9.4 |
132.65 |
121.08 |
9.6 |
147.90 |
140.62 |
5.2 |
142.74 |
130.65 |
9.3 |
| Cleveland |
125.05 |
114.79 |
8.9 |
119.61 |
109.66 |
9.1 |
133.37 |
127.37 |
4.7 |
128.71 |
118.33 |
8.8 |
| Dallas |
104.96 |
96.33 |
9.0 |
100.40 |
92.03 |
9.1 |
111.95 |
106.88 |
4.7 |
108.04 |
99.30 |
8.8 |
| Denver |
119.31 |
108.60 |
9.9 |
114.12 |
103.75 |
10.0 |
127.25 |
120.50 |
5.6 |
122.80 |
111.95 |
9.7 |
| Detroit |
131.86 |
121.31 |
8.7 |
126.13 |
115.89 |
8.8 |
140.63 |
134.60 |
4.5 |
135.72 |
125.05 |
8.5 |
| Houston |
109.27 |
100.02 |
9.2 |
104.52 |
95.55 |
9.4 |
116.54 |
110.98 |
5.0 |
112.47 |
103.11 |
9.1 |
| Kansas City |
128.40 |
117.07 |
9.7 |
122.81 |
111.84 |
9.8 |
136.94 |
129.90 |
5.4 |
132.16 |
120.68 |
9.5 |
| Los Angeles |
132.58 |
121.63 |
9.0 |
126.81 |
116.20 |
9.1 |
141.40 |
134.96 |
4.8 |
136.46 |
125.38 |
8.8 |
| Miami |
107.83 |
97.74 |
10.3 |
103.14 |
93.38 |
10.5 |
115.01 |
108.45 |
6.0 |
110.99 |
100.76 |
10.2 |
| Minneapolis |
138.80 |
127.93 |
8.5 |
132.76 |
122.22 |
8.6 |
148.03 |
141.95 |
4.3 |
142.86 |
131.88 |
8.3 |
| New Orleans |
107.00 |
98.17 |
9.0 |
102.34 |
93.79 |
9.1 |
114.11 |
108.93 |
4.8 |
110.13 |
101.20 |
8.8 |
| New York City |
163.66 |
150.41 |
8.8 |
156.55 |
143.69 |
8.9 |
174.55 |
166.89 |
4.6 |
168.46 |
155.05 |
8.6 |
| Philadelphia |
140.35 |
128.37 |
9.3 |
134.25 |
122.63 |
9.5 |
149.69 |
142.43 |
5.1 |
144.46 |
132.32 |
9.2 |
| Phoenix |
109.27 |
99.69 |
9.6 |
104.52 |
95.24 |
9.7 |
116.54 |
110.62 |
5.3 |
112.47 |
102.77 |
9.4 |
| Pittsburgh |
124.69 |
114.36 |
9.0 |
119.27 |
109.25 |
9.2 |
132.98 |
126.89 |
4.8 |
128.34 |
117.88 |
8.9 |
| Portland, Ore. |
128.76 |
118.70 |
8.5 |
123.15 |
113.40 |
8.6 |
137.32 |
131.71 |
4.3 |
132.52 |
122.36 |
8.3 |
| St. Louis |
127.44 |
115.12 |
10.7 |
121.90 |
109.98 |
10.8 |
135.92 |
127.73 |
6.4 |
131.17 |
118.67 |
10.5 |
| San Diego |
129.83 |
119.35 |
8.8 |
124.18 |
114.02 |
8.9 |
138.47 |
132.43 |
4.6 |
133.63 |
123.03 |
8.6 |
| San Francisco |
151.59 |
139.77 |
8.5 |
145.00 |
133.53 |
8.6 |
161.67 |
155.08 |
4.2 |
156.03 |
144.08 |
8.3 |
| Seattle |
129.83 |
119.24 |
8.9 |
124.18 |
113.92 |
9.0 |
138.47 |
132.31 |
4.7 |
133.63 |
122.92 |
8.7 |
| Washington, D.C. |
120.87 |
109.69 |
10.2 |
115.61 |
104.79 |
10.3 |
128.90 |
121.71 |
5.9 |
124.40 |
113.07 |
10.0 |
| Winston-Salem, N.C. |
95.52 |
86.55 |
10.4 |
91.37 |
82.69 |
10.5 |
101.87 |
96.04 |
6.1 |
98.32 |
89.22 |
10.2 |
© 2008, Reed Business Information, a division of Reed Elsevier Inc. All Rights Reserved.
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