United States Workplace Interiors Cost Insights 2022
Research Project Name
Gensler Cost Intelligence 2022
What We Did
Understanding how project costs are changing is crucial to delivering great workplaces.
Supply chain disruptions and inflationary cost pressures are forcing developers and end-users (or tenants) to prioritize their spending in new ways. Here are key findings from our research to inform better decision making:
• MEP (mechanical, electrical, and plumbing) and GC (general conditions) costs have escalated significantly faster than costs for design elements.
• Clients and contractors should anticipate and plan for schedule delays, driven by supply chain and labor constraints — particularly on larger projects where delays are most pronounced.
• Focusing on design elements that amplify experience is crucial, and an opportunity to optimize value.
At Gensler, we help our clients understand cost trends and the impact those trends could have on the buildings and spaces we create. The 2022 U.S. Workplace Interiors Cost Insights report is intended to help clients make educated decisions about how to prioritize their spending to create effective and inspired workplaces. The data compiled here is sourced from more than $7 billion in actual hard costs from more than 1,000 U.S. interior design projects completed between 2017 and 2021 across more than 70 major markets.
Supply chain disruptions and inflationary cost pressures are forcing developers and end-users (or tenants) to prioritize their spending in new ways. Here are key findings from our research to inform better decision making:
• MEP (mechanical, electrical, and plumbing) and GC (general conditions) costs have escalated significantly faster than costs for design elements.
• Clients and contractors should anticipate and plan for schedule delays, driven by supply chain and labor constraints — particularly on larger projects where delays are most pronounced.
• Focusing on design elements that amplify experience is crucial, and an opportunity to optimize value.
At Gensler, we help our clients understand cost trends and the impact those trends could have on the buildings and spaces we create. The 2022 U.S. Workplace Interiors Cost Insights report is intended to help clients make educated decisions about how to prioritize their spending to create effective and inspired workplaces. The data compiled here is sourced from more than $7 billion in actual hard costs from more than 1,000 U.S. interior design projects completed between 2017 and 2021 across more than 70 major markets.
Learn More
Year Completed
2022
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