Quote:
Originally Posted by Atlanta3000
Can someone with a construction background answer this:
In the ABC article it stated phase II of the project would be 250,000 square feet (Office + Retail) and the cost is $140 Million. I was like WTF.
Doing some math: Average building cost per sqft ($146.11) x building size (250,000 sqft) = $36,527,500.
How the hell is this a $140 Million building? Is it made out of gold?
http://evstudio.com/cost-per-square-...ion-by-region/
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First of all the data you're quoting for citing the cost/SF is from 2009 (the economy was still in the Great Recession).
The construction costs should also include design & construction services as well- not just material construction costs.