2025 Industrial Construction Cost Guide

Local Market DataCanada

CALGARY

2024 2025 SMALL MEDIUM LARGE SMALL MEDIUM LARGE

Site Work

$27.57

$15.06

$13.57

$33.89 $71.22 $34.79 $11.59 $16.01 $16.01

$29.11

$23.74

Base Bldg Structural & Enclosure $52.06 $40.24 $33.87

$40.96 $34.98

Base Bldg Architectural

$58.97 $8.48 $14.55 $13.87 $175.51

$19.45 $6.55 $7.32 $8.02 $96.63

$18.15 $5.51 $5.99 $6.89

$8.61 $6.67 $9.02 $9.07

$8.58 $5.69 $7.60

Base Bldg MEP

GC’s and GR’s & Fee

Contingency

$7.71

Total Cost

$83.98 $183.51

$103.44 $88.30

MONTREAL

2024 2025 SMALL MEDIUM LARGE SMALL MEDIUM LARGE

Site Work

$25.90 $14.10

$12.45 $28.91 $16.65 $7.23 $5.49 $6.32

$30.99 $60.57 $31.80 $15.14 $14.64 $14.64

$26.24 $34.35

$21.31 $29.21 $7.70 $7.30 $6.82 $6.92 $79.26

Base Bldg Structural & Enclosure $45.51

$35.06 $18.22

Base Bldg Architectural

$55.42 $11.38 $13.68 $13.04

$7.76 $8.59 $8.13 $8.18

Base Bldg MEP

$8.77 $6.85

GC’s and GR’s & Fee

Contingency

$7.51

Total Cost

$164.92 $90.52

$77.04 $167.78 $93.25

TORONTO

2024 2025 SMALL MEDIUM LARGE SMALL MEDIUM LARGE

Site Work

$26.74

$14.29

$12.62

$31.47 $65.44 $32.30 $11.46 $14.87 $14.87

$25.36 $35.31

$21.40 $31.21 $7.74 $5.46 $6.85 $6.95 $79.62

Base Bldg Structural & Enclosure $49.96

$37.80 $31.16

Base Bldg Architectural

$57.20 $18.46

$16.88 $5.46 $5.57 $6.40

$7.50 $6.18 $7.86 $7.90

Base Bldg MEP

$8.75 $14.11 $13.46 $170.21

$6.62 $6.95

GC’s and GR’s & Fee

Contingency

$7.61

Total Cost

$91.74 $78.08 $170.40 $90.12

VANCOUVER

2024 2025 SMALL MEDIUM LARGE SMALL MEDIUM LARGE

Site Work

$27.74

$14.42

$12.73

$47.57

$26.24 $34.87

$21.79 $30.32 $7.88 $7.02 $6.98 $7.07 $81.07

Base Bldg Structural & Enclosure $65.40 $36.39 $30.00 $66.19

Base Bldg Architectural

$37.12 $15.14 $12.24 $14.08 $171.73

$18.63 $8.43 $7.01 $7.68 $92.55

$17.03 $6.95 $5.62 $6.46

$17.20 $15.33 $15.23 $15.44

$7.76 $8.07 $8.13 $8.18

Base Bldg MEP

GC’s and GR’s & Fee

Contingency

Total Cost

$78.78 $176.96 $93.25

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Cushman & Wakefield