Construction Costs

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The question we are posing here is why government building construction costs, at the town and state level (for schools, police and fire stations, community centers, city halls, state college buildings etc), are much higher than those incurred by private real estate developers (for office buildings, manufacturing facilities, shopping malls, private schools, private college buildings etc).

Local level - Lexington

News

Lexington documents and data

Estabrook Construction

The Estabrook school construction has a 56,252 sq ft gross floor area[1], and the construction cost was $41M. This comes comes to $728 per sq ft.

State level - Massachusetts

Notes

  1. See Estabrook Space Summary 11-10-19 for Estabrook floor area data