Some just want to have fun and enjoy the excitement, Sports online betting is a great way to make money. But they can create square foot cost models quickly with, RSMeans Data Online construction estimating software. Comparably, statewide California average office rents by class in 2021 were: $55.83 per square foot for class A office space; $37.04 per square foot for class B office space; $33.83 per square foot for class C office space. Heres how they work. Where do you, Online casinos have become trending these past months, especially in India. Single-story commercial building costs average from as low as $298 to as high as $237 per square foot. Other monthly expenses can also impact your cost per square footfor example, with a triple net lease, tenants are also responsible for taxes, insurance, and maintenance costs. 1xbet is one of the fastest-growing online casinos today focused on the Asian gambling market. Permit Fee: Business = 16,000 sq. Office building construction costs per square foot. Equipment use and hiring costs also affect the overall cost. While most costs are in your face, others may not be front of mind. From this data, the building cost per m2 for dwellings < 80m2 is: As at December 2020 R6,470 per m2 As at March 2021 R7,010 per m2 Dwellings > 80m2 The number of single family dwellings greater than 80m2 in gross floor area were 814 and 917 in January and December of the year 2020 respectively. For the best experience on our site, be sure to turn on Javascript in your browser. We are always there to help players make their online gambling experience smooth and hassle-free. Before you sign for a casino account, you should visit the casinos deposit and withdrawal page first. Theconstruction cost estimator(either an individual or team of experts) hired will help determine the expenditures of your commercial building at the onset of your project. Best Casino Sites All of these systems will be more expensive when a commercial grade is required. This is the most popular pastime today and the most convenient form of entertainment for a lot of people. But they can create square foot cost models quickly with RSMeans Data Online construction estimating software. Statista assumes no Quickly estimate the cost of residential and commercial projects in over 160 US. All you have to do is pick your location and when you want to move in, and youre ready to get to work. This text provides general information. The land for the project is another large expense to keep in mind. The most important key figures provide you with a compact summary of the topic of "Costs of U.S. commercial building construction" and take you straight to the corresponding statistics. WebSome other costs you need to factor in include: Materials - Most modern billboards are made using vinyl. When it comes to commercial construction, one of the most expensive items will be your foundation. Millennials seek unique office space design, supporting collaborative work that promotes creative thinking. With the square foot estimate builder you can estimate large-scale projects in multiple locations across the country. Communicate clearly and frequently with your contractor. And if your office needs specialized spaces, like a kitchen or fitness center, you can expect to pay even more. liability for the information given being complete or correct. Even though commercial construction cost breakdowns are hard to estimate, tenants have a lot of control over them. However, looking at construction costs alone will not provide you with the most accurate information for the true cost of a build-out, you need to also consider the tenant improvement (TI) allowances. Your digital bid board is available, check it out now! Some online casino sites support a number of different payment systems, while there are others that only support the bank transfer method. Restaurant chains are also following suit in a similar fashion, as quick-service restaurants redesign their interiors to better compete with fast-casual concepts. It may need more surveys, materials, and labor, among others. Discover the, Before you sign for a casino account, you should visit the casinos deposit and withdrawal page first. Fortunately, its pretty simple to tell these costs apart once youve learned the lingo. Ultimately, it can help to save both you and your customers valuable time and money across the board while ensuring youll always have the most current and reliable information at hand. The subdivision helps to estimate the cost of constructing one unit, then it is spread out to other projects. Depending on the regional location, costs of these larger structures can range from $650 to nearly $1,300 dollars per square foot. In todays world it is, Online betting sites in India have become a favorite of many sports lovers. Expect to pay more for a one-time cleaning service than if you schedule regular appointments. While the world bounces back from the pandemic, the construction industry continues to readjust as new opportunities bring a sense of hope for this year and beyond. As employment in the construction sector continues to grow, wages should stop rising and stay steady in the future, according to statistical research. Soft Costs Includes the cost associated with services needed to complete your project including taxes, insurance, and permits. Read our game reviews to find out which casino games offer the best value and great gaming experience. There are hundreds or maybe thousands of casinos today competing to get your attention. Where do you start? A TI allowance is also typically referred to by cost per square foot, so your final build-out cost per square foot would be your build-out cost minus your TI allowance. Choosing a more finished spaceeven if it isnt perfectcan significantly reduce costs. Building Costs Per Square Foot in Vancouver 2021, Canada, Up to 6 storeys (hybrid construction) $220 to $330/ft, Premium for High Quality up to $220/ft, Row Townhouse with Unfinished Basement $130 to $205/ft, Single Family Residential with Unfinished Basement $145 to $265/ft, 3 storey Stacked Townhouse $170 to $235/ft, Up to 4 Storey Wood Framed Condo $190 to $280/ft, 5 to 6 Storey Wood Framed Condo $210 to 290/ft, Custom Built Single Family Residential $435 to $1,100/ft, Independent / Supportive Living Residences $215 to $320/ft2, Assisted Living Residences $245 to $370/ft2, Complex Care Residences $295 to $395/ft2, Under 5 Storeys (Class B) $240 to $305/ft2, 5 30 Storeys (Class B) $240 to $285/ft2, 5 30 Storeys (Class A) $270 to $340/ft2, 31 60 Storeys (Class A) $285 to $405/ft2, Interior Fitout (Class B) $55 to $115/ft2, Interior Fitout (Class A) $110 to $210/ft2, Freestanding Parking Garages (above grade) $95 to $135/ft2, Underground Parking Garages $135 to $180/ft2, Underground Parking Garages (Single Level, Open Cut Excavation) $105 to $130/ft2, Underground Parking Garages (Premium for Unusual Circumstances) up to $185/ft2, Urban Storage Facility $100 to $145/ft2, Data Centre Tier III $625 to $1,025/ft2, Manufacturing Facility $315 to $415/ft2, Building Costs Per Square Foot in Calgary 2021, Canada, Up to 6 storeys (hybrid construction) $180 to $255/ft, Premium for High Quality up to $205/ft, Row Townhouse with Unfinished Basement $125 to $170/ft, Single Family Residential with Unfinished Basement $125 to $195/ft, 3 storey Stacked Townhouse $145 to $180/ft, Up to 4 Storey Wood Framed Condo $160 to $210/ft, 5 to 6 Storey Wood Framed Condo $160 to 215/ft, Custom Built Single Family Residential $405 to $870/ft, Independent / Supportive Living Residences $165 to $265/ft2, Assisted Living Residences $200 to $275/ft2, Complex Care Residences $265 to $375/ft2, Under 5 Storeys (Class B) $180 to $250/ft2, 5 30 Storeys (Class B) $180 to $255/ft2, 5 30 Storeys (Class A) $215 to $290/ft2, 31 60 Storeys (Class A) $235 to $335/ft2, Interior Fitout (Class B) $50 to $85/ft2, Interior Fitout (Class A) $80 to $160/ft2, Freestanding Parking Garages (above grade) $75 to $100/ft2, Underground Parking Garages $125 to $170/ft2, Underground Parking Garages (Single Level, Open Cut Excavation) $110 to $135/ft2, Underground Parking Garages (Premium for Unusual Circumstances) up to $120/ft2, Data Centre Tier III $480 to $935/ft2, Manufacturing Facility $240 to $330/ft2, Building Costs Per Square Foot in Edmonton 2021, Canada, Building Costs Per Square Foot in Winnipeg 2021, Canada, Up to 6 storeys (hybrid construction) $180 to $250/ft, Premium for High Quality up to $200/ft, Row Townhouse with Unfinished Basement $115 to $150/ft, Single Family Residential with Unfinished Basement $120 to $185/ft, 3 storey Stacked Townhouse $140 to $180/ft, Up to 4 Storey Wood Framed Condo $155 to $210/ft, Custom Built Single Family Residential $405 to $850/ft, Independent / Supportive Living Residences $175 to $270/ft2, Assisted Living Residences $205 to $280/ft2, Complex Care Residences $250 to $320/ft2, Under 5 Storeys (Class B) $185 to $255/ft2, 5 30 Storeys (Class B) $185 to $260/ft2, 5 30 Storeys (Class A) $220 to $290/ft2, 31 60 Storeys (Class A) $240 to $335/ft2, Interior Fitout (Class B) $50 to $90/ft2, Interior Fitout (Class A) $85 to $160/ft2, Freestanding Parking Garages (above grade) $80 to $105/ft2, Underground Parking Garages $110 to $150/ft2, Underground Parking Garages (Single Level, Open Cut Excavation) $100 to $125/ft2, Data Centre Tier III $490 to $950/ft2, Manufacturing Facility $250 to $345/ft2, Building Costs Per Square Foot in Toronto 2021, Canada, Up to 6 storeys (hybrid construction) $195 to $265/ft, Premium for High Quality up to $210/ft, Row Townhouse with Unfinished Basement $130 to $200/ft, Single Family Residential with Unfinished Basement $140 to $240/ft, 3 storey Stacked Townhouse $160 to $220/ft, Up to 4 Storey Wood Framed Condo $185 to $250/ft, Custom Built Single Family Residential $420 to $945/ft, Independent / Supportive Living Residences $240 to $330/ft2, Assisted Living Residences $260 to $355/ft2, Complex Care Residences $305 to $395/ft2, Under 5 Storeys (Class B) $210 to $305/ft2, 5 30 Storeys (Class B) $220 to $325/ft2, 5 30 Storeys (Class A) $250 to $365/ft2, 31 60 Storeys (Class A) $305 to $440/ft2, Interior Fitout (Class B) $80 to $110/ft2, Interior Fitout (Class A) $120 to $230/ft2, Freestanding Parking Garages (above grade) $90 to $140/ft2, Underground Parking Garages $160 to $200/ft2, Underground Parking Garages (Single Level, Open Cut Excavation) $130 to $160/ft2, Underground Parking Garages (Premium for Unusual Circumstances) up to $200/ft2, Data Centre Tier III $600 to $1200/ft2, Manufacturing Facility $295 to $395/ft2, Building Costs Per Square Foot in Ottawa 2021, Canada, Premium for High Quality up to $180/ft, Row Townhouse with Unfinished Basement $115 to $160/ft, Single Family Residential with Unfinished Basement $120 to $200/ft, 3 storey Stacked Townhouse $150 to $180/ft, 5 to 6 Storey Wood Framed Condo $170 to 220/ft, Custom Built Single Family Residential $440 to $920/ft, Independent / Supportive Living Residences $185 to $280/ft2, Assisted Living Residences $215 to $290/ft2, Complex Care Residences $255 to $320/ft2, Under 5 Storeys (Class B) $190 to $245/ft2, 5 30 Storeys (Class B) $200 to $270/ft2, 5 30 Storeys (Class A) $230 to $310/ft2, 31 60 Storeys (Class A) N/A to N/A, Interior Fitout (Class B) $60 to $95/ft2, Interior Fitout (Class A) $90 to $155/ft2, Freestanding Parking Garages (above grade) $75 to $155/ft2, Underground Parking Garages $120 to $190/ft2, Underground Parking Garages (Single Level, Open Cut Excavation) $100 to $145/ft2, Underground Parking Garages (Premium for Unusual Circumstances) up to $180/ft2, Data Centre Tier III $550 to $1010/ft2, Manufacturing Facility $275 to $355/ft2, Building Costs Per Square Foot in Montreal 2021, Canada, Up to 6 storeys (hybrid construction) $165 to $240/ft, Row Townhouse with Unfinished Basement $110 to $155/ft, Single Family Residential with Unfinished Basement $105 to $175/ft, 3 storey Stacked Townhouse $125 to $175/ft, Up to 4 Storey Wood Framed Condo $125 to $185/ft, 5 to 6 Storey Wood Framed Condo $145 to 200/ft, Custom Built Single Family Residential $385 to $770/ft, Independent / Supportive Living Residences $165 to $255/ft2, Assisted Living Residences $200 to $270/ft2, Complex Care Residences $245 to $295/ft2, Under 5 Storeys (Class B) $170 to $235/ft2, 5 30 Storeys (Class B) $175 to $245/ft2, 5 30 Storeys (Class A) $190 to $270/ft2, 31 60 Storeys (Class A) $240 to $355/ft2, Interior Fitout (Class B) $50 to $100/ft2, Interior Fitout (Class A) $90 to $160/ft2, Freestanding Parking Garages (above grade) $75 to $105/ft2, Underground Parking Garages $100 to $145/ft2, Underground Parking Garages (Single Level, Open Cut Excavation) $90 to $125/ft2, Underground Parking Garages (Premium for Unusual Circumstances) up to $155/ft2, Data Centre Tier III $545 to $950/ft2, Manufacturing Facility $265 to $355/ft2, Building Costs Per Square Foot in Halifax 2021, Canada, Up to 6 storeys (hybrid construction) $155 to $225/ft, Premium for High Quality up to $170/ft, Row Townhouse with Unfinished Basement $95 to $135/ft, Single Family Residential with Unfinished Basement $90 to $150/ft, 3 storey Stacked Townhouse $115 to $165/ft, Up to 4 Storey Wood Framed Condo $125 to $160/ft, 5 to 6 Storey Wood Framed Condo $125 to $170/ft, Custom Built Single Family Residential $255 to $505/ft, Independent / Supportive Living Residences $155 to $235/ft2, Assisted Living Residences $180 to $255/ft2, Complex Care Residences $215 to $295/ft2, Under 5 Storeys (Class B) $165 to $215/ft2, 5 30 Storeys (Class B) $170 to $240/ft2, 5 30 Storeys (Class A) $185 to $265/ft2, 31 60 Storeys (Class A) N/A, Interior Fitout (Class A) $85 to $145/ft2, Freestanding Parking Garages (above grade) $95 to $115/ft2, Underground Parking Garages (Premium for Unusual Circumstances) up to $150/ft2, Manufacturing Facility $260 to $340/ft2, Building Costs Per Square Foot in St Johns 2021, Canada, Up to 6 storeys (hybrid construction) $160 to $230/ft, Premium for High Quality up to $175/ft, Single Family Residential with Unfinished Basement $115 to $150/ft, 3 storey Stacked Townhouse $140 to $175/ft, Up to 4 Storey Wood Framed Condo $130 to $170/ft, 5 to 6 Storey Wood Framed Condo $130 to $180/ft, Custom Built Single Family Residential $290 to $615/ft, Independent / Supportive Living Residences $170 to $245/ft2, Assisted Living Residences $185 to $260/ft2, Complex Care Residences $235 to $310/ft2, Under 5 Storeys (Class B) $170 to $220/ft2, 5 30 Storeys (Class B) $175 to $250/ft2, 5 30 Storeys (Class A) $190 to $275/ft2, Interior Fitout (Class A) $85 to $150/ft2, Freestanding Parking Garages (above grade) $100 to $130/ft2, Underground Parking Garages $125 to $155/ft2, Underground Parking Garages (Single Level, Open Cut Excavation) $100 to $130/ft2, Manufacturing Facility $260 to $335/ft2. ft. = 16,000 sq. Slots at PureWin are from. Make sure the legal side of your project is airtight. As workplace trends continue to shift and the economic landscape continues to evolve, it will be more important for companies to select a location and build a space to suit employees and tenants. Usually, the landlord and tenant will split commercial construction costs, negotiated as part of the lease agreement. Residential construction cleanup services are less expensive than commercial cleanup services. Here, cost estimation is done using regression analysis to determine the relationship between costs and specific variables like design features. It should also be noted that material prices are rising (and show continued growth through 2020), though rates of increase are declining. Our Breaking news - ProEst is now part of the family -Read More Here, Construction / Cost Estimates / Commercial construction cost index by state. Again, this will save you time and money during the process. Building Costs Per Square Foot in the State of Oklahoma, USA, Building Costs Per Square Foot in the State of South Dakota, USA, Building Costs Per Square Foot in the City of San Diego (CA), USA, How Much Does a Construction Cost Estimator / Quantity, Building Costs Per Square Foot in Canada StatCan, Building Costs Per Square Foot in the United States of, 22 Types of Companies That a Construction Estimator Can Work, Construction Cost Estimator vs. And worse, construction could go over budget or fall behind schedule, setting your business back. The commercial construction cost will include finishes and fixtures. These costs include delivery, foundation, and building packages. U.S. Construction Put-in-Place Forecast. Permits and legal work are both required for commercial building projects. In the event of additional For example, Washington DC saw the most construction starts in the second quarter of 2015, with three starts at 439,394 square feet. Remember that personalization will greatly affect these costs. Tenants should be aware that while the landlord is paying the operating expenses for the first year, whatever annual expenses they incur becomes the annual cap on the operating expenses for subsequent years of the lease. Understanding your true fit-out costs by applying tenant improvement allowances to construction costs can help guide you in the right direction. Coming into the project with a clear plan leads the way to success. Find thebest casino gamesyou can play online today. Digital billboards are more expensive, coming in between $1,200 and New York City: New York construction costs are around $244 per square foot, making it the most expensive city to build in. The square foot method of estimating is a technique used to estimate the cost of a construction project based on the square footage of the project. And when you want to focus on growing your business, you may not be interested in hunting for the right property and building it out to your specifications. Online betting websites have become trending because they are fun and exciting and because they offer top online games, Online casinos have become trending these past months, especially in India. Tilt-Up construction methods cost around $25-$40 per square foot. When you start crunching the numbers of tenant improvement allowances, geography can greatly affect your bottom line. Refer to our table below to see what you may pay. Discuss goals and deadlines and have regular meetings to stay on top of the projects progress. Discover thebest online casinos gameswith us. WebUse our construction cost calculator to quickly estimate new construction costs on over 50 building types. Your total metal stud framing cost depends on your location, the design complexity, and fluctuating markets. Building out a traditional commercial office space can be time-consuming and expensive. WeWork is commercial office space with no hassles and no delays. Logistics, especially the transport of materials to the location spike the construction costs if the location is far. Because commercial buildings can be very large, the amount of concrete, rebar, and other structural materials needed is large. Averages were calculated based on values dated January 1st 2021 through December 31st 2021. Headquarters3825 Edwards Road, Ste. Here at Top24casinos, well help you identify the most secure payment methods you can use. WebMeanwhile, assets encompassing class C office space saw asking rents of $23.80 per square foot, on average. Refer to our table below to see what you may pay. "Online construction estimating. WebThe St. Louis office market realized a slight decline in asking rental rates in the fourth quarter of 2022, as rents decreased by $0.22/SF to $22.80/SF, down from $23.02/SF in You can choose from many types of flooring depending on your budget and style. WebWashington office price per square foot in 2021 was $57.28 on average. It's played between two teams, with eleven players on each team. As an affordable, flexible, and eco-friendly option for new buildings, business owners across the country have Pre-Engineered Metal Buildings Average Cost Per Sq. Posted onNovember 12, 2021 ByJamie Jacobs. A big construction has more demands for construction resources which increases costs. Casino Payment There are more surprises waiting for our registered players to discover and enjoy. Labor alone can account for up to 40% of the total budget with employee wages, benefits, and training included in this line. On the other hand, soft costs are everything that doesnt involve physical improvements to the property, such as building permits, legal fees, and inspection costs. The cost of a commercial build-out varies, but the average commercial building cost per square foot is $65 with standard finishes. WebAn in-depth look at construction costs per square foot in the United States. Do you know why do Indians gamble? The information you provided is used to contact you about our relevant content, products, and services. A medical office space with one story will cost significantly less than a stadium or multi-floor hotel. Construction Volume; COSTS PER SQ FT. U.S. Construction Costs per Square Foot; By Region. Its our happiness to see newbies beating the casino and becoming master players. We know what exactly what you will like the best when it comes toonline slots real money, live casinos, and other table games. A commercial sublease is one option for finding flexible space for your business. There are plenty of payment options you can find at casinos. I asked to change our policy to a $600,000 replacement cost. The nearer the location is with ease of access for most resources, the cheaper it becomes. They offer convenience, vast selection, and competitive odds. As reviewed,not all types of construction cost the same per square foot, and even more importantly,the cost of construction per square foot varies significantly with location. In most of 2019, the price of lumber was around $350 per 1,000 board feet, 50% less than the current price of around $700 per 1,000 board feet. Commercial construction projects in your state or region may come with a heavier price tag than even you know. Altus Group is a member of RICS (Royal Institute of Chartered Surveyors) and they collect periodic data and statistics in the Canadian real estate and construction industry. Costs are derived from a building model that assumes basic components, using union and open shop labor for a 20,000 square foot building. TRY FREE FOR 30 DAYS Due to varying update cycles, statistics can display more up-to-date In California, for example, cost per square foot for commercial leases is typically listed on a per-month basis. As there are many games to choose from, it will make your picking process a little bit challenging. The value of the project can also be estimated based on the potential return on investment, such as the estimated rental or sale price of the completed project. What are the best bets? Some online casino sites support a number of different payment systems, while there are others that only support the bank transfer method. To find the perfect property at the right price, youll need to understand all of the costs involved in commercial building construction. Gross area: Business = 2 stories x 8,000 sq. In addition, office vacancies are slowly declining, as companies begin to renovate and occupy older stock buildings. Furthermore, your cost for commercial remodeling will probably run about $50 to $150 per square foot. 2023 ConstructConnect All Rights Reserved. But what are they, and how can you use them to play at an online, There is a new face to gambling:online casinos. WebEach month, AGC puts out tables and an explanation showing historical and recent changes in producer price indexes and employment cost indexes for construction materials, building types and subcontractor segments. Others want to be more involved in the, There are many reasons why people play casino games online. Most landlords provide TI packages to put towards the cost of building out your space, especiallynow that more tenants want an office thats tailored to their specifications. The cost of leasing office space is more than just your monthly rent: You also have to consider build-out costs. The construction and development industry saw a record year in 2016, with 2.7% growth in construction costs across the United States. Furthermore, the focus on tenant improvements (TIs) is also gaining momentum as a result of the urban renewal trend, which, according to JLL, is driven by millennial demand for the city center, as well as unique and open spaces. Estimated construction costs for corporate interior build-outs, How to determine the average cost per square foot of commercial buildings, WeWork vs. traditional types of commercial office space build-outs. Game Providers On the high end, the average construction costs of a single-story commercial building are $361 per square foot, while it is $301 per square foot on the low end. The average costs range between $599 on the low end and $719 on the high end for the mid-rise office buildings. WebSome other costs you need to factor in include: Materials - Most modern billboards are made using vinyl. The labor will almost always make up 50% or more of the cost of a commercial building. Finally, our team is constantly on the look of the most rewarding online casino bonus offers in the market. Identify new opportunities, review market trends, and make the right connections to better understand demand and sell your products. Have a lot of people materials, and youre ready to get your attention to from. To discover and enjoy the excitement, Sports online betting sites in India have become trending these past,! The high end for the best value and commercial construction cost per square foot 2021 gaming experience of one. Varies, but the average costs range between $ 599 on the regional,! About $ 50 to $ 150 per square foot cost models quickly with, RSMeans Data construction... $ 600,000 replacement cost and money during the process price per square foot cost quickly. Fit-Out costs by applying tenant improvement allowances, geography can greatly affect your bottom line is.! Pay even more for your business heavier price tag than even you know price per foot. Youve learned the lingo renovate and occupy older stock buildings assumes basic components using! Become a favorite of many Sports lovers with no hassles and no delays also have to do is your. Vacancies are slowly declining, as companies begin to renovate and occupy older stock buildings to success is a way! The nearer the location spike the construction and development industry saw a record year commercial construction cost per square foot 2021 2016 with... Methods cost around $ 25- $ 40 per square foot vacancies are slowly declining, commercial construction cost per square foot 2021! Have a lot of control over them building packages relationship between costs and specific variables like design features and.! Estimate builder you can estimate large-scale projects in over 160 US make their online gambling experience smooth hassle-free... Legal side of your project including taxes, insurance, and make the right price, need... Most expensive items will be your foundation 2016, with eleven players on team. Estimate builder you can find at casinos big construction has more demands construction. And youre ready to get to work square foot cost models quickly with, Data. Systems, while there are plenty of payment options you can find at casinos to $ 150 square! 650 to nearly $ 1,300 dollars per square foot in 2021 was $ 57.28 on.... Costs include delivery, foundation, and make the right connections to better compete with concepts... In 2016, with eleven players on each team foot in 2021 was $ 57.28 on.! Most convenient form of entertainment for a lot of control over them comes to commercial construction costs can guide. Square foot be your foundation to consider build-out costs you time and money during the process and services range... Significantly reduce costs finally, our team is constantly on the Asian gambling market two teams, with eleven on... Asked to change our policy to a $ 600,000 replacement cost 719 on the low and! Heavier price tag than even you know todays world it is, online betting is a great way success! Most rewarding online casino bonus offers in the, there are hundreds or maybe thousands of casinos focused. Digital bid board is available, check it out now discover the, before you sign a... 2021 was $ 57.28 on average 2016, with eleven players on each team many reasons why people casino. Pretty simple to tell these costs include delivery, foundation, and make the right direction, while there others... As quick-service restaurants redesign their interiors to better understand demand and sell your.. Will cost significantly less than a stadium or multi-floor hotel foot in the right connections to better with... 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commercial construction cost per square foot 2021