Square Footage of New Construction Trends
To compile a list of the best reports and sources available concerning new construction square footage, with a focus on the following industries: commercial office real estate, healthcare/hospitals, transportation, leisure (hotels, casinos, stadiums, museums) and government (federal, state and local). Additionally, to determine the current square footage of construction within these industries, and how this spend is expected to trend moving forward.
List of Reports
This 2016 Hospital Construction Survey (HSC) from the American Society for Healthcare Engineering of the American Hospital Association and Health Facilities Management (HFM) provides findings from over 200 hospitals across the U.S., including a robust discussion of trends driving construction and some info on current square footage. This review of Construction Trends to Watch in 2019 includes a description of some of the top construction trends to expect in healthcare/hospitals, hotels and multi-family construction in coming years, as well as case studies of three of the most commonly viewed healthcare construction projects. This article from Healthcare Design discusses how patient room size guidelines affect new construction square footage in the healthcare industry. This 2018 MCD Industry Pulse survey highlights important building and design trends in healthcare, including statistics on healthcare building activity, project value and overall size. This 2018 article from ProEst discusses current trends in Hospital Construction Costs, including several unique challenges facing the healthcare industry.
Current Square Footage
According to the 2016 survey cited above, the average cost of new hospital construction is roughly $400/square foot (not including equipment). However, this cost varies greatly by location/region; for example, the average cost in New York City is approximately $1,200/square foot. Data from Medical Construction & Design magazine’s 2018 Industry Pulse survey reveals that overall square footage of construction projects grew for 54.5% of respondents in the healthcare sector. Only 9.5% of respondents reported a decrease in square footage, and 66% of respondents reported an increase in average project value. The Facility Guideline Institute’s Guidelines for Design and Construction of Health Care Facilities (FGI) provides detailed recommendations for patient room size, stating that patient/family-centered rooms should provide 250 square feet of “clear floor area.” According to Health Strategies and Solutions Inc., the average size of a patient room in the U.S. was 320 square feet in 2012, up from 240 square feet in 2002.
Trends Moving Forward
The Pulse survey also found that more than half of respondents (59%) planned to focus their construction efforts on medical office buildings (MOBs) and outpatient facilities.
Proposed next steps:
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In our initial research, we were able to compile a list of several reports relevant to current square footage of construction within the hospital/healthcare industry, as well as highlight some of the reports’ statistics on current square footage and construction trends in this industry. We recommend continued research to find (a) a list of relevant reports (b) current square footage of construction and (c) how this spend is expected to trend forward for the remaining industries: transportation, leisure, and government.
Additionally, we could delve deeper into the reports found to focus on factors affecting square footage of construction trends for each industry, providing 2-3 major trends affecting each of the 5 industries requested (commercial office real estate, healthcare/hospitals, transportation, leisure and government).