CON 383 – Construction Estimating Assignment: Conceptual Estimating

CON 383 – Construction Estimating

Assignment: Conceptual Estimating

Value: 15 points

Perform a conceptual estimate for a 355,000 sf office building to be constructed in Phoenix, AZ. The building will be completed in September 2020.

As a comparable you have identified a building with the following characteristics:

Size: 305,210 sf
Location: Denver, CO
Completion Date: June 2001
Cost: $36,679,378

Using indices below, adjust for size, time, and location to find the conceptual estimate cost for the new building to be built in Phoenix, AZ.

Time Factors:

Jun2001 = 3572
Nov 2015 = 5510

Location Factors:

Phoenix, AZ = 88.7
Denver, CO = 94.3

Size Factors: (See attached table)

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