ProEst Blog
Warehouse Construction Costs
Warehouse construction costs some together with a variety of factors, including the purpose of the warehouse, access to logistics infrastructure, and a ready labor supply, to determine the financial viability of the investment. Warehouse construction costs themselves are crucial to understand and quantify accurately in order to generate an appreciable return on investment for builders.…
Read More
Power Plant Construction Costs
Power plants are a key component of our critical infrastructure but must remain profitable for investors in order to continue operations. A fundamental factor affecting the profitability of power plants is the total construction cost to bring the facility online. Just as power plants themselves are complex facilities, power plant construction costs are inherently complex.…
Read More
Hotel Construction Costs
Investment in new hotel construction and renovations has continued to rise over recent years. Alongside the continuing growth of hotel investment and development, there has been a steady rise in construction costs across all sectors in the United States. In this article, we’ll explore some of the factors contributing to rising construction costs in the…
Read More
Hospital Construction Costs
Hospital construction costs continue to rise every year, alongside demand for increasingly complex designs and projects. Determining hospital construction costs can be a vexingly complex topic that is influenced by a number of factors ranging from budget considerations to desired patient health outcomes. In this article, we’ll dive into some of the complexity surrounding hospital…
Read More
What is RSMeans?
We’ve all heard the stories of construction projects, both large and small, running wildly over budget. Avoiding situations where construction projects have massive cost overages and inaccurate completion times is an essential function of today’s construction cost estimators. One of the most crucial tools in a construction cost estimators toolbox is RSMeans data. Despite being…
Read More
What Is A Commercial Construction Cost Estimator?
Providing an accurate forecast for upcoming project expenditures is crucial to the survival of any business or organization considering future construction. Cost estimators develop the cost information that business owners, managers, professional design team members, and construction contractors require to make budgetary and feasibility determinations. From an owner’s perspective, a cost estimate may be used…
Read More
Office Building Construction Costs Per Square Foot
In recent studies, statistics show that not all types of construction cost the same per square foot – and even more importantly, the price of construction per square foot varies a great deal depending upon location across the United States. In fact, location alone can represent as much as 70% of the cost driver for a…
Read More
Commercial Construction Costs Per Square Foot 2018
For anyone working within the commercial construction industry, figuring out the costs per square foot may appear somewhat elusive at first glance, even after conducting preliminary research. While there are no easy answers, compiling accurate data for the project – including its location, the type of building you’re looking to build, and the local economy…
Read More