U.S. expenditures on commercial building development by stage 2018

Published by
Fernando de Querol Cumbrera,
Jan 19, 2022
This statistic displays the direct expenditures on commercial building development in the U.S. in 2018, by phase. In that year, hard construction costs accounted for the highest expenditure in commercial building development, reaching approximately 109 billion U.S. dollars.

Direct expenditures on commercial building development in the U.S. in 2018, by phase (in billion U.S. dollars)

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Release date

January 2019

Region

United States

Survey time period

2018

Supplementary notes

* Development phases (pre-construction and construction).
Soft construction includes: architecture, engineering, legal, marketing, management, administration.
Site development includes: grading, paving, landscaping, roadway, parking, off-site improvements.
Hard construction includes: labor, materials, construction management.
Tenant improvements include: interior design and construction (excludes furniture and equipment).

** Operations phase (post-construction).
Building operations include: maintenance, repairs, custodial, utilities, property management.

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