Table 8.1.2 – Office Building Construction Costs





Private Office Buildings
Location: Downtown Area
Number of Buildings & Average Size:200 Buildings
(380,000 sq. ft. per building)
Construction Costs Per Building (Millions): $53.2
Total Construction Costs (Billions): $10.6
Location: Suburban Area
Number of Buildings & Average Size:625 Buildings
(120,000 sq. ft. per building) 
Construction Costs Per Building (Millions): $16.8
Total Construction Costs (Billions): $10.5
Government Office Buildings
Location: Downtown Area
Number of Buildings & Average Size:30 Buildings
(180,000 sq. ft. per building)
Construction Costs Per Building (Millions): $25.2
Total Construction Costs (Billions): $.8
Location: Suburban Area
Number of Buildings & Average Size:130 Buildings
(40,000 sq. ft. per building)
Construction Costs Per Building (Millions): $5.6
Total Construction Costs (Billions): $.7
Total (Billions) $22.6