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Updated about 4 years ago on . Most recent reply

Jonathan Bombaci's profile image
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Jonathan Bombaci

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Jonathan Bombaci's profile image
Jonathan Bombaci
Jonathan Bombaci
#5 Real Estate Events & Meetups Contributor
  • Real Estate Agent
  • Lowell, MA
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Buying & Selling Real Estate

New construction cost per square foot?

Jonathan Bombaci
#5 Real Estate Events & Meetups Contributor
  • Real Estate Agent
  • Lowell, MA
Posted

Hey Everyone,

We’re looking at building a 70,000 Sqft building in central MA with 80 residential units. It’ll be 4 floors with an elevator and we plan to stick build with all electric utilities. Any idea what cost per square foot is running on these large buildings these days?

The numbers just barely work at $300k per Sqft but I’m hoping we can get economies scale and that is high. 

Best,

Jon

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Candor Realty
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