Office building construction costs for 2026

New RSMeans data from Gordian breaks down square-foot construction costs for two-to-four-story office buildings with green building considerations in 10 U.S. metro markets.

Offices are increasingly seen as intentional destinations designed to foster collaboration, culture, and innovation, rather than default daily workspaces.

Today’s office design strategy is centered on optimization and experience. Companies are rethinking footprints, consolidating space, and investing in highly flexible environments that can scale with demand. Adaptive reuse, shared spaces, and multi-functional layouts are gaining traction as organizations look to maximize flexibility and optimize their real estate footprint.

Technology continues to play a critical role, from occupancy sensors and desk-booking platforms to smart conference rooms and AI-enabled workplace management systems.

Sustainability and operational efficiency are also top priorities, with organizations focusing on reducing energy use and aligning real estate decisions to long-term business needs. The modern office is becoming a smarter, more flexible and purpose-driven environment built to support both organizational performance and employee experience.

Gordian’s RSMeans Data helps organizations achieve these goals by offering complete and accurate construction cost data, featuring more than 100 building models including office spaces. These localized models allow architects, engineers, and other preconstruction professionals to quickly create conceptual estimates for future builds.

The table below shows the most recent cost per square foot to build three-story offices with green building considerations in cities across the U.S. 

Visit rsmeans.com/bdandc for more information about Gordian’s RSMeans Data.

Square Foot Costs: Office Building, 2-4 Story 

Location

Q2 2025

Q3 2025

Q4 2025

Q1 2026

Q2 2026

YoY Percentage Change

National Average

$244.80

$244.44

$246.01

$249.42

$253.63

3.61%

New York

$316.75

$317.51

$325.88

$326.79

$333.43

5.27%

Honolulu 

$294.14

$293.61

$294.56

$299.57

$311.28

5.83%

Chicago 

$293.13

$293.42

$299.92

$299.98

$305.87

4.35%

Los Angeles 

$287.60

$287.67

$288.13

$291.60

$301.88

4.97%

Boston 

$279.73

$285.67

$288.50

$290.08

$296.16

5.87%

Madison, Wis. 

$246.85

$247.27

$249.79

$253.64

$258.03

4.53%

Wash., D.C.

$236.25

$237.64

$242.82

$243.67

$249.49

5.60%

Denver

$225.62

$226.30

$230.20

$230.24

$235.95

4.58%

Omaha, Neb. 

$223.99

$225.20

$228.56

$227.79

$233.26

4.14%

Dallas

$204.88

$204.35

$207.34

$209.33

$213.36

4.14%

Please note: Square foot models are used for planning and budgeting and are not meant for detailed estimates.

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