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Industry Data
By Jim Haughey, Reed Business Information Economist
February 1, 2006
Building Design and Construction
Cost comparisons per square foot in select metro markets
|
Office, 2–4 story |
|
|
Office, 5–10 story |
|
|
Office, 11–20 story |
|
|
Medical office |
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|
|
'06 |
'05 |
% chg. |
'06 |
'05 |
% chg. |
'06 |
'05 |
% chg. |
'06 |
'05 |
% chg. |
| Atlanta |
123.24 |
110.72 |
11.3 |
115.06 |
102.64 |
12.1 |
104.96 |
94.11 |
11.5 |
142.41 |
130.84 |
8.8 |
| Baltimore |
128.06 |
114.30 |
12.0 |
119.56 |
105.96 |
12.8 |
109.06 |
97.15 |
12.3 |
147.99 |
135.06 |
9.6 |
| Boston |
159.35 |
142.29 |
12.0 |
148.78 |
131.90 |
12.8 |
135.71 |
120.94 |
12.2 |
184.15 |
168.14 |
9.5 |
| Chicago |
153.98 |
137.60 |
11.9 |
143.76 |
127.56 |
12.7 |
131.14 |
116.96 |
12.1 |
177.94 |
162.60 |
9.4 |
| Cleveland |
138.40 |
124.66 |
11.0 |
129.21 |
115.56 |
11.8 |
117.87 |
105.95 |
11.2 |
159.94 |
147.30 |
8.6 |
| Dallas |
116.35 |
103.94 |
11.9 |
108.62 |
96.35 |
12.7 |
99.09 |
88.35 |
12.2 |
134.45 |
122.83 |
9.5 |
| Denver |
132.06 |
118.12 |
11.8 |
123.29 |
109.50 |
12.6 |
112.47 |
100.40 |
12.0 |
152.61 |
139.58 |
9.3 |
| Detroit |
147.91 |
131.93 |
12.1 |
138.10 |
122.30 |
12.9 |
125.97 |
112.14 |
12.3 |
170.93 |
155.90 |
9.6 |
| Houston |
120.89 |
107.52 |
12.4 |
112.87 |
99.67 |
13.2 |
102.96 |
91.39 |
12.7 |
139.71 |
127.05 |
10.0 |
| Kansas City |
142.67 |
127.49 |
11.9 |
133.20 |
118.19 |
12.7 |
121.51 |
108.36 |
12.1 |
164.88 |
150.65 |
9.4 |
| Los Angeles |
147.22 |
131.68 |
11.8 |
137.45 |
122.07 |
12.6 |
125.38 |
111.93 |
12.0 |
170.13 |
155.61 |
9.3 |
| Miami |
119.38 |
107.27 |
11.3 |
111.45 |
99.44 |
12.1 |
101.67 |
91.18 |
11.5 |
137.95 |
126.76 |
8.8 |
| Minneapolis |
154.67 |
138.84 |
11.4 |
144.40 |
128.70 |
12.2 |
131.72 |
118.00 |
11.6 |
178.73 |
164.06 |
8.9 |
| New Orleans |
119.10 |
106.53 |
11.8 |
111.20 |
98.76 |
12.6 |
101.43 |
90.55 |
12.0 |
137.64 |
125.88 |
9.3 |
| New York City |
181.82 |
163.25 |
11.4 |
169.76 |
151.33 |
12.2 |
154.85 |
138.76 |
11.6 |
210.12 |
192.91 |
8.9 |
| Philadelphia |
157.70 |
140.07 |
12.6 |
147.23 |
129.84 |
13.4 |
134.31 |
119.05 |
12.8 |
182.24 |
165.52 |
10.1 |
| Phoenix |
120.76 |
108.13 |
11.7 |
112.74 |
100.24 |
12.5 |
102.84 |
91.91 |
11.9 |
139.55 |
127.78 |
9.2 |
| Pittsburgh |
138.13 |
123.18 |
12.1 |
128.96 |
114.19 |
12.9 |
117.63 |
104.70 |
12.4 |
159.62 |
145.55 |
9.7 |
| Portland, Ore. |
142.40 |
127.86 |
11.4 |
132.95 |
118.53 |
12.2 |
121.27 |
108.68 |
11.6 |
164.56 |
151.09 |
8.9 |
| St. Louis |
141.02 |
125.89 |
12.0 |
131.66 |
116.70 |
12.8 |
120.10 |
107.00 |
12.2 |
162.96 |
148.76 |
9.5 |
| San Diego |
143.36 |
128.73 |
11.4 |
133.85 |
119.33 |
12.2 |
122.10 |
109.41 |
11.6 |
165.67 |
152.11 |
8.9 |
| San Francisco |
167.76 |
150.67 |
11.3 |
156.63 |
139.67 |
12.1 |
142.88 |
128.07 |
11.6 |
193.87 |
178.05 |
8.9 |
| Seattle |
143.64 |
129.47 |
10.9 |
134.11 |
120.02 |
11.7 |
122.33 |
110.04 |
11.2 |
165.99 |
152.99 |
8.5 |
| Washington, D.C. |
134.40 |
119.48 |
12.5 |
125.48 |
110.76 |
13.3 |
114.47 |
101.55 |
12.7 |
155.32 |
141.18 |
10.0 |
| Winston-Salem, N.C. |
105.59 |
93.34 |
13.1 |
98.58 |
86.53 |
13.9 |
89.93 |
79.33 |
13.4 |
122.02 |
110.29 |
10.6 |
© 2008, Reed Business Information, a division of Reed Elsevier Inc. All Rights Reserved.
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