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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