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

| Jan 31, 2013

Map of U.S. illustrates planning times for commercial construction

Stephen Oliner, a UCLA professor doing research for the Federal Reserve Board, has made the first-ever estimate of planning times for commercial construction across the United States.

| Jan 31, 2013

More severe wind storms should prompt nationwide reexamination of building codes, says insurance expert

The increased number and severity of storms with high winds nationally should prompt a reexamination of building codes in every community, says Mory Katz, vice president, Verisk Insurance Solutions Commercial Property, Jersey City, N.J.

| Nov 11, 2012

Greenbuild 2012 Report: Hospitality

Hotel boom signals good news for greener lodging facilities

| Aug 9, 2012

DSGW Architects welcomes new employees

Three new employees located in DSGW's Duluth office.

| Jul 20, 2012

2012 Giants 300 Special Report

Ranking the leading firms in Architecture, Engineering, and Construction.

| Jun 13, 2012

Is it time to stop building convention centers?

Over the last 20 years, convention space in the United States has increased by 50%; since 2005, 44 new convention spaces have been planned or constructed in this country alone.

| Jun 1, 2012

New BD+C University Course on Insulated Metal Panels available

By completing this course, you earn 1.0 HSW/SD AIA Learning Units.

| May 31, 2012

5 military construction trends

Defense spending may be down somewhat, but there’s still plenty of project dollars out there if you know where to look.

| May 29, 2012

Torrance Memorial Medical Center’s pediatric burn patients create their version of new Patient Tower using Legos

McCarthy workers joined the patients, donning construction gear and hard hats, to help with their building efforts.

| May 29, 2012

Reconstruction Awards Entry Information

Download a PDF of the Entry Information at the bottom of this page.

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