11. Rule of Thumb Cost: What are the actual (average or percentage) costs of a freestanding 100,000sf history museum (post-opening/punchlist) for both architecture and engineering, as well as exhibition and IT?
Response: The range will be very dependent not just on the building but also on the type of museum (artifact-heavy, story-driven, etc), site access and existing site conditions, general design expectations, location, timing of bids, etc. The caveats can be endless. However, looking at hard and soft costs in the following ranges:
+Hard Construction Costs: $500 to $650/sf (applied to full building area)
+Infrastructure: $150/sf (applied to exhibit areas)
+Exhibit Fabrication Costs: $700-900/sf (applied to exhibit areas)
+Project Costs (AE fees, exhibits, project contingency, estimating, Project Management): $350/sf
+On a net total project cost basis, the above values might combine to be roughly $1,000 to $1,200/sf.
Follow up with dpomfrett [at] ccorpusa.com (Daniel) from Cumming and jared.oldroyd [at] clarkconstruction.com (Jared) from Clark