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Date: | Wed, 16 Aug 2000 00:07:21 EDT |
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I personally don't have a price per square foot for a building. I'd imagine
that these costs will vary greatly due to in what country and what part of
that country you are constructing the new museum.
In Georgia, prior to the Olympics, about three years prior to the 1996
Olympics, construction costs at least tripled because so much new development
was connected to the games and peoples' expectations of increased tourism.
Therefore, any projections that were made for the university, were grossly
underbudgeted and now said museum has to increase its building campaign to
keep up to current costs.
Also , the local history society's campaign (in my example) has gone on for
too many years-- seven years to be exact. It's best to finish a campaign
quickly in a year or two, and begin construction relatively close to the time
that estimates are made. Otherwise inflation takes over and costs are out of
line.
I think most construction engineers budget a rate of inflation into their
cost estimate. I would ask local architects and construction engineers for
their ideas in your locality. I'd give them an idea of the size of the
musuem needed and keep in mind the quality of materials that you or the board
has in mind.
Good luck!
pamela s.
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