Houston average construction costs per SFHouston average construction costs per SFhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=165842017-05-23T05:00:00Z2017-05-23T20:00:00Z

​​Average construction costs for varuous projects in Houston, according to Turner % TownsendHOUSTON – The Bayou City is the tenth most expensive city in the world to build commercial and residential projects, according to Turner & Townsend’s 2017 international construction market survey.

The average construction cost in Houston is $233 per sf, according to the survey.

The city is listed among two dozen international metros with a shortage of skilled construction laborers, which is driving labor costs up.

North America has the highest hourly wage for construction workers at $72.5 per hour while the average internationally is about $28 per hour.

Here are the top ten most expensive cities to build a construction project, according to Turner & Townsend:​

  1. ​New York City​​
  2. San Francisco
  3. Zurich
  4. Hong Kong
  5. London
  6. Seattle
  7. UK South
  8. Dublin
  9. Sydney
  10. Houston
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​See Turner & Townsend International construction market survey 2017.​

Check out Houston Mar​ket Overview Research.​

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