Americas Industrial Construction Cost Guide 2024

INDUSTRIAL CONSTRUCTION COST GUIDE 2024

LOCALMARKETDATA

SALT LAKE CITY

Small 2023

Small 2024

Medium 2023

Medium 2024

Large 2023

Large 2024

Site Work

$28.86

$46.64

$17.09

$40.98

$19.85

$36.08

Base Bldg Structural & Enclosure

$50.42

$32.45

$40.47

$28.83

$32.31

$26.97

Base Bldg Architectural

$14.13

$17.50

$18.29

$9.00

$22.19

$7.17

Base Bldg MEP

$8.99

$4.42

$4.75

$3.93

$4.46

$3.68

GC's and GR's & Fee

$6.65

$16.28

$2.81

$7.64

$2.62

$5.95

Contingency

$10.56

$11.18

$8.20

$8.59

$7.96

$7.59

Total Cost

$119.60

$128.47

$91.61

$98.97

$89.40

$87.43

SAN DIEGO

Small 2023

Small 2024

Medium 2023

Medium 2024

Large 2023

Large 2024

Site Work

$23.45

$45.95

$12.94

$22.69

$10.92

$20.37

Base Bldg Structural & Enclosure

$80.95

$25.26

$58.66

$23.50

$54.48

$19.79

Base Bldg Architectural

$9.90

$55.33

$5.02

$29.52

$6.28

$30.15

Base Bldg MEP

$11.91

$3.45

$6.50

$3.20

$5.23

$2.70

GC's and GR's & Fee

$17.00

$12.18

$8.99

$6.69

$7.42

$4.85

Contingency

$13.33

$14.74

$8.53

$8.78

$7.81

$8.08

Total Cost

$156.54

$156.90

$100.65

$94.39

$92.14

$85.95

SEATTLE

Small 2023

Small 2024

Medium 2023

Medium 2024

Large 2023

Large 2024

Site Work

$23.84

$28.52

$13.20

$15.25

$11.17

$13.46

Base Bldg Structural & Enclosure

$80.66

$55.11

$57.93

$41.70

$54.30

$34.38

Base Bldg Architectural

$9.98

$61.01

$5.05

$19.70

$6.30

$18.00

Base Bldg MEP

$12.27

$7.52

$6.70

$5.69

$5.36

$4.69

GC's and GR's & Fee

$16.90

$15.06

$8.97

$7.41

$7.42

$5.94

Contingency

$13.37

$14.35

$8.51

$8.12

$7.83

$6.83

Total Cost

$157.03

$181.56

$100.36

$97.85

$92.39

$83.29

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

45