The reports shed light on current cost data for office buildings, parking structures, and corporate interiors in each market compared to last year.
Click the links below to access the market-based reports:
AUSTIN – Kirksey Cost Construction Trends 2024
DALLAS – Kirksey Cost Construction Trends 2024
HOUSTON – Kirksey Cost Construction Trends 2024
Brian Malarkey, FAIA, Partner & Managing Director, Interior Architecture at Kirksey, reports a proportionate increase in corporate interiors at each budget tier, "We're seeing higher costs for high-end office environments and less significant cost increases at the mid-level and standard office spaces, as companies invest in the work environment to attract top talent."
Within the reports, the office building figures apply to the site and core and shell only, while the corporate interior costs reference a 25,000-square-foot floorplate. Kirksey has conducted this survey in Houston for over 20 years and expanded to the Austin market coverage in 2019. This is the second year the firm has reported on the Dallas market.
"Supply, chain, labor, and overall economic inflation issues continue to push prices up though material lead times have mostly stabilized," notes Paul Newsoroff, AIA, Partner and Managing Director, Commercial Practice at Kirksey, "We've also seen an uptick in adaptive reuse projects, as companies look to upgrade their existing spaces and campuses to attract and retain talent."
Kirksey has active commercial and corporate interior projects underway in all cities surveyed.
The statistics for these reports were provided by:
ANDRES
Arch-Con Corporation
Birch Construction
Brookstone Construction
DPR Construction
E.E. Reed Construction, L.P.
Endurance Builders
Estes + Sinacori Builders
Fransen Pittman General Contractors
Flintco
Harvey | Harvey Cleary-Builders
HITT Contracting
Hoar Construction
Joeris General Contractors
Linbeck Group, LLC
McCarthy Building Companies, Inc.
Mission Constructors, Inc.
Northgate Construction
O'Donnell/Snider Construction
rand* construction
Rogers O'Brien Construction
Rosenberger Construction
Swinerton Builders
Tellepsen
Tribble & Stephens Constructors, Ltd.
White Construction Company
W. S. Bellows Construction Corporation