Metropolitan cost comparisons by R.S. Means: Institutional

January 01, 2001 |


Cost comparisons per square foot in select metro markets



Parking garage Underground parking Town hall Community center


'01


'00


% chg.


'01


'00


% chg.


'01


'00


% chg.


'01


'00


% chg.


Atlanta


27.40


26.37


3.9


42.28


40.09


5.4


89.81


88.89


1.0


86.91


84.58


2.4


Baltimore


28.26


27.03


4.6


43.61


41.09


6.1


92.64


91.09


1.7


89.33


86.68


3.1


Boston


35.36


34.63


2.1


54.57


52.64


3.7


116.95


116.72


0.2


111.78


111.06


0.6


Chicago


34.26


32.88


4.2


52.86


49.98


5.8


112.29


110.81


1.3


108.28


105.44


2.7


Cleveland


31.64


30.26


4.6


48.83


46.01


6.1


103.72


102.00


1.7


100.02


97.06


3.0


Dallas


26.14


25.78


1.4


40.33


39.19


2.9


86.98


86.89


0.1


82.76


82.68


0.1


Denver


29.27


27.89


5.0


45.17


42.40


6.5


95.96


93.99


2.1


92.53


89.44


3.5


Detroit


32.66


31.16


4.8


50.39


47.36


6.4


107.05


105.00


1.9


103.23


99.92


3.3


Houston


26.97


26.55


1.6


41.61


40.36


3.1


89.57


89.49


0.1


85.24


85.15


0.1


Kansas City


30.75


29.02


6.0


47.45


44.11


7.6


100.80


97.80


3.1


97.20


93.06


4.4


Los Angeles


33.36


32.55


2.5


51.48


49.48


4.0


110.03


109.71


0.3


105.46


104.39


1.0


Miami


26.48


25.54


3.7


40.85


38.83


5.2


86.79


86.09


0.8


83.69


81.92


2.2


Minneapolis


34.32


32.58


5.3


52.95


49.53


6.9


112.49


109.81


2.4


108.48


104.49


3.8


New Orleans


26.35


25.33


4.0


40.66


38.51


5.6


86.39


85.39


1.2


83.30


81.25


2.5


New York City


41.36


39.74


4.1


63.82


60.41


5.6


135.58


133.93


1.2


130.73


127.44


2.6


Philadelphia


34.26


33.17


3.3


52.86


50.43


4.8


112.29


111.81


0.4


108.28


106.39


1.8


Phoenix


27.46


26.58


3.3


42.37


40.41


4.9


90.01


89.59


0.5


86.80


85.25


1.8


Pittsburgh


31.18


30.41


2.5


48.11


46.23


4.1


102.80


102.50


0.3


98.56


97.54


1.1


Portland


32.81


31.30


4.8


50.63


47.59


6.4


107.55


105.51


1.9


103.71


100.39


3.3


St. Louis


31.73


30.59


3.7


48.97


46.50


5.3


104.03


103.10


0.9


100.31


98.11


2.2


San Diego


32.69


31.66


3.2


50.44


48.13


4.8


107.15


106.71


0.4


103.32


101.54


1.8


San Francisco


37.70


36.77


2.5


58.17


55.90


4.1


124.29


123.92


0.3


119.17


117.92


1.1


Seattle


32.10


31.24


2.7


49.54


47.50


4.3


105.62


105.31


0.3


101.48


100.20


1.3


Washington, D.C.


29.15


28.42


2.6


44.98


43.21


4.1


96.08


95.80


0.3


92.15


91.15


1.1


Winston/Salem


23.34


22.84


2.2


36.01


34.72


3.7


77.13


76.98


0.2


73.77


73.25


0.7


NOTE: Costs as shown are for the basic building and do not include: 1. sitework (site clearing and grading, utilities, paving, landscaping, site improvements); 2. land costs; 3. development costs; 4. specialty finishes or equipment. Square foot costs vary significantly from project to project due to quality, complexity and economic climate. Each project should be examined individually. For a detailed list of building components included in these figures, see Means Square Foot Costs.

R.S. Means Co., P.O. Box 800, Kingston, MA 02364, (781) 585-7880, (800) 448-8182

For more data, visit R.S. Means on the Web at
www.rsmeans.com
.
To use an interactive tool that helps project costs, visit
www.buildingteam.com
.

 

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