DCD Sq. Ft. Cost Analysis New Hospital
The outlook is strong for health care construction due to the constant aging of
our population. In this building cost analysis we look at the cost of a 4-floor,
234,000 square foot new hospital with EIFS/Brick exterior and a membrane roof.
This analysis is based on an average of hospitals featured in the DCD Archives.
DCD Technical Articles
Workers’ Comp Costs:
Are You Ready for Increases in 2013?
Over my legal career, I have handled a significant amount of workers'
compensation disputes, representing injured employees, defending employers and
insurance carriers, and even a few years working for an appellate judge who
addressed workers' compensation appeals. Recently I was discussing the process
for determining an employers' experience rating, and I was surprised to learn
about some dramatic cost increases that will likely occur in 2013.
Successful Teamwork Critical to Building ‘Hospital of the Future’
Today’s healthcare construction projects are highly specialized, complex,
expensive, lengthy, and regulated along stringent parameters. It’s a complicated
formula that can exert great pressure on the relationship and communication
among stakeholders. Major projects can suffer from common consequences of such
pressure: delayed completion, blown budgets, and lawsuits over flaws caused by
misunderstandings among segregated architects, contractors, and owners.
Three Steps Your Firm Can Take Now for More Effective Project Management
Managing a construction project requires both attention to detail and
wide-scope foresight. There are a million moving elements that contribute to the
completion of a job - employees, equipment, subcontractors, permits and
contracts - all of which demand consideration and drive to get the project from
day one to the finished product.
Laminators’ Omega-Lite® Stands Up to the Fury of Hurricane Sandy
“Superstorm Sandy” wreaked havoc along the east coast with record-setting
storm surges and hurricane force winds from Virginia to Cape Cod. Widespread
power outages, downed trees and numerous reports of damage plagued the entire
coastline. Millions of people and their homes, businesses and communities, were
affected by this monster storm and clean-up efforts continue for parts of New
Jersey, Long Island and New York City.
Building Better with Better Construction Contracts
You can’t say “General Contractor” without saying “Contractor,” but
General Contractors generally don’t get in the business of building out of a
love for contracts. Contracts should first and foremost memorialize a business
relationship. Negotiating a construction contract is one of the first and most
important steps in creating the right foundation to build a successful project.
Ideally, contracts should aligns all project stakeholders interests toward
project success. Construction contracts often repeat a pattern in which risk is
transferred inappropriately and pushed down the contractual chain to the weakest
party. Fortunately, there is a better contractual option to facilitate project
Construction Cost Trends for 2013
Things are getting better and we are hearing talk about
construction helping to lead the economy out of recession. The worst may be
over, but…. we have to put the gains of 20% in housing and an improving market
in perspective. Total construction is up, but it is up from historic declines.
The heady days of 2002-2006 will not be seen again, so the “good” news is
tempered with the reality that we will have to deal with a construction market
that is developing its own new normal. Although the private sector is up, the
public sector is down due to demands on government spending. Material costs seem
to be holding at 2% range, with the exception of lumber which is 8% above last
Trends Archive |
The DCD Medical Square Foot Cost Guide
Design Cost Data™ magazine includes a Building Sq. Ft. Cost
Guide in each issue. These square foot cost guides have been assembled from
projects in our database, the DCD Archives™ online at DCD.COM. These guides are
provided to the industry by DCD as a benchmark for future building costs.
DCD is based on the philosophy that actual buildings, when
coupled with up-to-date cost indices, are the most reliable basis for future
building costs. The buildings appearing in this guide reflect square foot costs
that have been escalated to April 2013 and targeted to a historical location
factor of 1 (escalate these projects and more online at
DCD Cost Guides
Case Studies Case Studies Archive
Valley Schools Credit Union Administration Building
Theatre Exchange Interior Fit Up
Orab Fire Station No. 1
Village of Mt. Orab, Ohio
Clyde Muse Center, Hinds Community College – Rankin Campus
Buffalo, New York
University North Hall
Lawrenceville, New Jersey -
Childhood Center, Mount Hood Community College
Learning Commons, Lancaster Bible College
Mercy Hospital East Clinic
Oaks at Braselton, a Senior Living Community
Community Aquatic Park & Center
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