2025 Industrial Construction Cost Guide

Local Market DataU.S.

MEMPHIS

2024 2025 SMALL MEDIUM LARGE SMALL MEDIUM LARGE

Site Work

$20.68

$11.05

$9.76

$21.06 $45.28 $21.62

$19.18 $27.63 $5.68 $3.77 $5.95 $5.98 $68.18

$16.93 $25.53 $6.12 $3.48 $5.42 $5.49 $62.97

Base Bldg Structural & Enclosure $39.96

$30.23 $14.28

$24.92 $13.05 $3.40 $4.31 $4.95 $60.38

Base Bldg Architectural

$44.23 $5.45 $10.92 $10.41 $131.63

Base Bldg MEP

$4.12 $5.37 $5.89

$6.18 $9.95 $9.95

GC’s and GR’s & Fee

Contingency

Total Cost

$70.94

$114.04

MIAMI

2024 2025 SMALL MEDIUM LARGE SMALL MEDIUM LARGE

Site Work

$26.38

$14.10 $37.03 $18.22 $6.75 $6.85

$12.90 $31.63 $17.25 $5.77 $5.69 $6.54 $79.78

$25.42 $52.48 $26.09 $9.56 $12.01 $12.01 $137.57

$21.83 $30.19 $6.46 $5.50 $6.77 $6.80 $77.55

$19.65 $28.46

Base Bldg Structural & Enclosure $48.95

Base Bldg Architectural

$56.43 $8.92 $13.93 $13.28 $167.89

$7.10 $5.19 $6.29 $6.38

Base Bldg MEP

GC’s and GR’s & Fee

Contingency

$7.51

Total Cost

$90.47

$73.07

MILWAUKEE

2024 2025 SMALL MEDIUM LARGE SMALL MEDIUM LARGE

Site Work

$23.64

$12.64 $33.20 $12.24 $6.05 $5.94 $6.72 $76.77

$11.16

$26.37 $54.35 $27.25 $9.91 $12.17 $0.00 $130.05

$24.38 $33.19 $7.28 $6.05 $5.62 $0.00 $76.52

$21.18

Base Bldg Structural & Enclosure $43.88

$27.37 $10.72 $4.99 $4.70 $5.65 $64.59

$30.69 $7.73 $5.59 $4.67 $0.00 $69.86

Base Bldg Architectural

$36.30 $8.00 $12.49

Base Bldg MEP

GC’s and GR’s & Fee

Contingency

$11.91

Total Cost

$136.21

MINNEAPOLIS

2024 2025 SMALL MEDIUM LARGE SMALL MEDIUM LARGE

Site Work

$23.89

$12.77 $33.53 $12.70 $5.85 $6.82 $77.79 $6.11

$11.27 $27.65 $11.33 $5.04 $4.53

$26.90 $54.88 $27.38 $10.00 $12.30

$24.60 $33.59 $7.33 $6.12 $5.66 $0.00 $77.30

$21.55 $30.97 $7.82 $5.64 $4.73 $0.00 $70.71

Base Bldg Structural & Enclosure $44.32

Base Bldg Architectural

$36.49 $8.08 $12.06 $12.01 $136.84

Base Bldg MEP

GC’s and GR’s & Fee

Contingency

$5.76

$0.00

Total Cost

$65.57

$131.46

2025 Industrial Construction Cost Guide 31