Construction Cost Estimates for Hotel, 8-24 Story in National, US
The following analysis estimates the cost to build a hotel, 8-24 story using US National Average costs from 2013 RSMeans cost data. Costs are derived from a building model that assumes basic components, using union labor for a
450000 square foot building.
Scope differences and market conditions can cause costs to vary significantly. To see an estimate of the costs to build a hotel, 8-24 story in a specific city or metropolitan area, go to our index of hotel, 8-24 story models by state .
NOTE: This cost estimate uses 2013 RSMeans data. A more accurate estimate using current RSMeans cost data is available on Construction Estimating Software
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| Hotel, 8-24 Story Construction Cost Assumptions |
| Location: |
US National Average
|
| Stories: |
15
|
| Story Height (L.F.): |
10.00
|
| Floor Area (S.F.): |
450000
|
| Basement Included: |
No
|
| Data Release: |
Year 2013
|
|
Hotel, 8-24 Story Square Foot Cost Assuming Face Brick Veneer On Steel Studs / R/Conc. Frame
| Cost Estimate (Union Labor) |
% of Total |
Cost Per SF |
Cost |
| Total |
|
$131.54 |
$59,191,000 |
| Contractor Fees (GC,Overhead,Profit) |
25% |
$32.88 |
$14,797,800 |
| Architectural Fees |
6% |
$9.87 |
$4,439,300 |
| Total Building Cost |
$174.28 |
$78,428,100 |
| Cost Estimate (Open Shop) |
% of Total |
Cost Per SF |
Cost |
| Total |
|
$121.28 |
$54,574,000 |
| Contractor Fees (GC,Overhead,Profit) |
25% |
$30.32 |
$13,643,500 |
| Architectural Fees |
6% |
$9.10 |
$4,093,100 |
| Total Building Cost |
$160.69 |
$72,310,600 |
OTHER OPTIONS:
Hotel, 8-24 Story Square Foot Cost Assuming Face Brick Veneer On Steel Studs / Steel Frame
Hotel, 8-24 Story Square Foot Cost Assuming Face Brick with Concrete Block Back-up / R/Conc. Frame
Hotel, 8-24 Story Square Foot Cost Assuming Face Brick with Concrete Block Back-up / Steel Frame
Hotel, 8-24 Story Square Foot Cost Assuming Glass and Metal Curtain Walls / R/Conc. Frame
Hotel, 8-24 Story Square Foot Cost Assuming Glass and Metal Curtain Walls / Steel Frame
