Americas Industrial Construction Cost Guide 2024

INDUSTRIAL CONSTRUCTION COST GUIDE 2024

LOCALMARKETDATA

ORANGE COUNTY

Small 2023

Small 2024

Medium 2023

Medium 2024

Large 2023

Large 2024

Site Work

$20.58

$45.76

$11.38

$22.55

$9.55

$20.22

Base Bldg Structural & Enclosure

$61.98

$23.63

$43.46

$21.66

$40.81

$18.14

Base Bldg Architectural

$15.26

$54.66

$9.65

$29.37

$11.10

$29.99

Base Bldg MEP

$12.81

$3.85

$7.39

$3.53

$6.18

$2.95

GC's and GR's & Fee

$14.21

$11.96

$7.27

$6.39

$6.06

$5.78

Contingency

$11.72

$14.52

$7.38

$8.58

$6.87

$7.90

Total Cost

$136.55

$154.37

$86.54

$92.08

$80.57

$84.97

PENN CORRIDOR

Small 2023

Small 2024

Medium 2023

Medium 2024

Large 2023

Large 2024

Site Work

$24.85

$28.80

$17.22

$21.60

$13.67

$19.80

Base Bldg Structural & Enclosure

$44.50

$44.14

$36.79

$29.19

$33.28

$26.34

Base Bldg Architectural

$21.80

$24.21

$5.93

$5.73

$6.00

$4.38

Base Bldg MEP

$9.75

$11.66

$7.61

$7.71

$7.09

$6.96

GC's and GR's & Fee

$11.50

$7.50

$2.93

$3.14

$1.86

$2.51

Contingency

$10.53

$12.77

$6.88

$7.39

$6.09

$6.58

Total Cost

$122.93

$129.07

$77.36

$74.76

$67.99

$66.57

PHILADELPHIA

Small 2023

Small 2024

Medium 2023

Medium 2024

Large 2023

Large 2024

Site Work

$24.57

$28.80

$17.49

$21.60

$13.97

$19.80

Base Bldg Structural & Enclosure

$43.98

$45.56

$37.37

$31.32

$34.02

$27.05

Base Bldg Architectural

$21.55

$25.03

$6.02

$5.91

$6.14

$5.22

Base Bldg MEP

$9.64

$12.04

$7.73

$8.28

$7.25

$7.15

GC's and GR's & Fee

$11.36

$7.53

$2.97

$3.18

$1.90

$2.53

Contingency

$10.41

$13.06

$6.99

$7.71

$6.22

$6.78

Total Cost

$121.50

$132.02

$78.57

$78.00

$69.49

$68.52

All costs in USD; conversions made using 2023 Q4 rates.

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