Many factors contribute to the rising costs of healthcare construction—the need for critical system upgrades, infectious disease prevention, environmental responsibility measures, labor shortages, inflationary impacts and supply chain disruptions are some of the most noteworthy.
According to Gordian’s RSMeans Online Building Models, the national average cost per square foot for commercial new construction of hospitals is more than 15% higher today than in 2019.
The evolution of treatments and technology advancements are a few reasons for hospital systems to expand and improve their facilities. Facilities upgrades done to reduce the risk of viral outbreaks are here to stay. Partitioning, automated kiosks, hand sanitation devices, improved signage and lighting, and socially distanced waiting areas are now expected when entering healthcare facilities.
Current and accurate construction cost data is critical to help healthcare project owners implement the facilities upgrades their patients need. Gordian’s data features over 100 building models, including hospital buildings. These localized models allow architects, engineers and other preconstruction professionals to quickly and accurately create conceptual estimates for future builds.
This table shows a five-year view of costs per square foot for three-story hospital buildings.
Visit rsmeans.com/bdandc for more information about RSMeans data from Gordian.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Please note: Square foot models are used for planning and budgeting and are not meant for detailed estimates.
Related Stories
Healthcare Facilities | Apr 19, 2022
6 trends to watch in healthcare design
As the healthcare landscape continues to evolve, IMEG’s healthcare leaders from across the country are seeing several emerging trends that are poised to have wide-ranging impacts on facility design and construction. Following are six of the trends and strategies they expect to become more commonplace in 2022 and the years to come.
Healthcare Facilities | Apr 14, 2022
Healthcare construction veteran creates next-level IPD process for hospital projects
Can integrated project delivery work without incentives for building team members? Denton Wilson thinks so.
Market Data | Apr 14, 2022
FMI 2022 construction spending forecast: 7% growth despite economic turmoil
Growth will be offset by inflation, supply chain snarls, a shortage of workers, project delays, and economic turmoil caused by international events such as the Russia-Ukraine war.
Laboratories | Apr 7, 2022
North Carolina's latest play for biotech real estate development
The Tar Heel State is among a growing number of markets rolling out the welcome mat for lab spaces.
Healthcare Facilities | Apr 7, 2022
Visibility breeds traffic in healthcare design
Ryan Companies has completed several healthcare projects that gain exposure by being near retail stores or office buildings.
Healthcare Facilities | Mar 25, 2022
Health group converts bank building to drive-thru clinic
Edward-Elmhurst Health and JTS Architects had to get creative when turning an American Chartered Bank into a drive-thru clinic for outpatient testing and vaccinations.
Projects | Mar 21, 2022
BIG-designed Danish Neuroscience Center will combine groundbreaking science and treatment
A first-of-its-kind facility, a new Danish Neuroscience Center in Aarhus, Denmark designed by BIG, will combine psychiatry and neuroscience under one roof.
Projects | Mar 18, 2022
Toronto suburb to build the largest hospital in Canada
A new hospital in Ontario will nearly triple the care capacity of its existing facility—becoming the largest hospital in Canada.
Projects | Mar 15, 2022
Old Sears store will become one of the largest orthopaedics outpatient facilities in the Northeast
A former Sears store in Rochester, N.Y., will be transformed into one of the largest orthopaedics outpatient facilities in the Northeast.
Projects | Mar 10, 2022
Optometrist office takes new approach to ‘doc-in-a-box’ design
In recent decades, franchises have taken over the optometry services and optical sales market. This trend has spawned a commodity-type approach to design of office and retail sales space.
