Altus Group releases its 2014 ‘Construction Cost Guide’

cost 2014The Altus Construction Cost Guide for 2014 has now been released. The 2014 Guide provides construction costs for a variety of property types on a national scale, covering the scope of Canadian markets: Vancouver, Calgary, Edmonton, Toronto, Ottawa, Montreal, Halifax and St. John’s. Within these markets, the Guide provides current analysis, unit rates, measurement and application of cost per square foot for a variety of building types.

The guide shows the cost of constructing long term Care facilities in the Greater Vancouver area ranges from $225 to $305 per square foot. The cost of constructing assisted living facilities in Greater Vancouver ranges from $190 to $245 per square foot.

Other Highlights of the 2014 Guide:

  • Construction costs covering the scope of Canadian markets
  • Current analysis, unit rates, measurement and application of cost per square foot
  • Detailed data and descriptions including a breakdown of costs by 13 different building types

To request a copy of the Guide, please call 416.641.9500 or email cost@altusgroup.com. To obtain an electronic version, please visit http://www.altusgroup.com/research/construction-cost-guide/.