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Square Foot Cost Models > Hotel, 8-24 Story

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