flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Hospitality building construction costs for 2023

Hotel Facilities

Hospitality building construction costs for 2023

Data from Gordian breaks down the average cost per square foot for 15-story hotels, restaurants, fast food restaurants, and movie theaters across 10 U.S. cities.


By Gordian | July 26, 2023
Photo by Rene Asmussen

Photo by Rene Asmussen, Pexels

First impressions form fast. In the hospitality industry, which includes restaurants, hotels, and entertainment facilities, an initial good impression is critical and hinges on clean, fully functioning facilities and a friendly, competent staff.

Especially in a post-Covid society, providing clean and safe accommodations is paramount. Facilities managers and owners are now taking extra steps to ensure the highest cleanliness standards, including upgrading air filtration systems, installing no-touch technologies and contactless services, and reconfiguring spaces to promote social distancing. Additionally, automation is being implemented to combat labor shortages and improve overall efficiency.  Improvements to meet green building expectations, anticipate guests’ needs with a more personalized experience, and ensure guests’ safety are paramount. RSMeans Data from Gordian can help estimate these costs.

With localized, square-foot costs for more than 100 building models including various hospitality industry facilities, RSMeans Data allows architects, engineers, and other preconstruction professionals to quickly and accurately create conceptual estimates for future builds.

This table shows the most recent costs per square foot for 15-story hotels, restaurants, fast food restaurants, and movie theaters in select cities.    

Visit rsmeans.com/bdandc for more information about RSMeans Data from Gordian. 

Location

Hotel, 8-24 Story

Restaurant

Restaurant (Green)

Fast Food Restaurant

Movie Theater

New Orleans, LA

$217.89 

$238.14 

$291.25 

$251.92 

$189.96 

Miami, FL

$220.69 

$241.20 

$295.12 

$257.03 

$191.42 

Phoenix, AR

$227.91 

$250.51 

$305.07 

$265.07 

$198.46 

Washington D.C.

$246.63 

$268.16 

$325.45 

$284.01 

$211.49 

Seattle, WA

$268.00 

$295.66 

$356.72 

$311.43 

$233.21 

Las Vegas, NV

$266.81 

$299.07 

$361.88 

$317.05 

$235.67 

Boston, MA

$287.44 

$318.44 

$384.41 

$335.59 

$253.43 

Los Angeles, CA

$291.18 

$322.67 

$388.96 

$341.45 

$256.22 

Chicago, IL

$294.87 

$332.87 

$400.50 

$349.15 

$264.10 

New York, NY

$323.44 

$362.35 

$434.54 

$380.55 

$286.37 

Please note: Square foot models are used for planning and budgeting and are not meant for detailed estimates.

 

 

 

Related Stories

Hotel Facilities | Oct 23, 2015

A visa-for-investment program will be extended through mid-December

EB-5 financing has been a boon to the hospitality sector.

Hotel Facilities | Oct 19, 2015

Dubai's Rosemont Towers will have an artificial beach and rainforest

The two 47-story high-rises will stand on a five-story podium that will house retail units, entertainment options (including bowling alleys, a cinema, and a skydiving simulator), and welcome lobbies.

Airports | Sep 23, 2015

JFK Airport's dormant TWA terminal will be reborn as a hotel

After 15 years of disuse, the Googie architecture-inspired TWA Flight Center at New York’s John F. Kennedy International Airport will be transformed into a hotel. Gizmodo reports that the city’s Port Authority chose a renovation proposal from Jet Blue this week.

Giants 400 | Sep 15, 2015

HOTEL SECTOR GIANTS: Gensler, AECOM, Turner among nation's largest hotel sector AEC firms

BD+C's rankings of the nation's largest hotel sector design and construction firms, as reported in the 2015 Giants 300 Report.

Office Buildings | Aug 24, 2015

North America’s real estate market is close to stabilization in cap rate pricing

The latest CBRE survey, covering the first half of the year, finds retail and hotel sectors experiencing the greatest compression.

Hotel Facilities | Aug 19, 2015

Plan to demolish historic Riviera Hotel & Casino approved by Las Vegas tourism board

The project is the first step toward a $2.3 billion expansion of the Las Vegas Convention Center.

Hotel Facilities | Aug 11, 2015

Snoozebox launches competition for designers to create pop-up hotels

Designers can leave their mark in the international hotel design industry.

High-rise Construction | Jul 29, 2015

Jerusalem to get a high-rise pyramid by Daniel Libeskind

Are pyramids making a comeback? The city of Paris recently approved a triangle-shaped building that stirred controversy from residents. Now, the city of Jerusalem gave Libeskind's pyramid tower the go-ahead.

Contractors | Jul 29, 2015

Consensus Construction Forecast: Double-digit growth expected for commercial sector in 2015, 2016

Despite the adverse weather conditions that curtailed design and construction activity in the first quarter of the year, the overall construction market has performed extremely well to date, according to AIA's latest Consensus Construction Forecast.

Hotel Facilities | Jul 16, 2015

Hotel construction pipeline up 20.9% in June, led by luxury developments

The luxury segment leads all chain scales with a 46.5% increase.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021