This document provides estimates for leasehold improvement costs for three levels - basic, upgraded, and premium - of brick and beam office spaces. The basic office is estimated at $34-45 per square foot and includes painted drywall partitions, solid core doors, mechanical and lighting updates, and paint. The upgraded office is $46-58 per square foot and adds features like drywall reveals, vinyl wall coverings, and pot lights. The premium office is $59 per square foot or more and includes upgraded finishes, wood doors, glass partitions, and custom millwork. The estimates are based on assumptions around space size and scope of work. Additional costs like furniture are not included.
Giotan's leasehold improvement estimates for brick and beam offices march 2013
1. u
pg
r
a
d
e
d
o
ffic
e
GIOTAN’s Leasehold Improvements Estimates for Brick and Beam Offices March 2013
GIO TAN DESIGN ASSOCIATES INC.
T 416 926 1937 | www.giotandesign.com
please file for your future interior design needs
irwintan@giotandesign.com | jasontan@giotandesign.com | sidtan@giotandesign.com
Basic Office $34/sq.ft. – $45/sq.ft.
Typically has a higher ratio of open areas to partitioned offices, meeting rooms, etc…
• Painted, insulated drywall partitions from floor to ceiling.
• Solid core 7’ painted doors and frames with building standard hardware.
• Mechanical, sprinklers and lighting relocation.
• Voice/data rough-in and one power outlet per person.
• Paint throughout the entire office.
• Existing wood flooring.
Upgraded Office $46/sq.ft. – $58/sq.ft.
Typically has a more equal ratio of open areas to partitioned offices, meeting rooms, etc…
• Painted, insulated drywall partitions from floor to T-bar with reveals around doors
and frames at ceiling.
• Vinyl wall coverings in some principal areas.
• Drywall feature ceilings with pot lights and linear diffusers in the reception
and boardroom.
• 9’, solid core wood veneer doors with standard hardware and sidelights.
• Voice/data rough-ins and power outlets as required.
• Custom millwork in kitchen/lunchroom, and storage areas.
• Existing wood flooring and/or new carpet (32 oz).
Premium Office $59/sq.ft. and UP
Typically has a higher ratio of partitioned offices, meeting rooms, etc… to open areas.
• Same as the Upgraded Office with upgraded wall finishes in all major areas.
• Wood doors and frames in some areas using superior wood veneers, heavy duty
lever hardware, and glass partitions in many areas.
• High quality finishes and vinyl wall coverings in reception and boardroom.
• Special lighting and drywall ceilings in reception, all meeting rooms and some
private offices.
• Built-in custom millwork in boardroom, reception, mailrooms, kitchen/lunchroom,
storage areas and as required.
• Premium wood and stone flooring and/or new carpet (+32 oz) in specified areas.
Based on the following assumptions:
1. The costs are only associated with
A Class Brick and Beam Buildings.
2. Costs are based on approximately
5,000 – 50,000 sq.ft. Smaller offices may
require a larger allowance per square foot
and larger offices may require a smaller
allowance per square foot due to fixed
costs, the applicability of economies
of scale, and other factors.
3. Scope of work is a full build-out from
base-building conditions. The costs may
vary greatly for partially built out spaces.
4. Items such as furniture, building permits,
disbursements, communications equipment
/cabling, etc... are additional costs.
5. Trades working overtime hours, evenings
and on weekends may increase costs
beyond the suggested ranges.
6. Does include Mechanical & Electrical
Engineers and Interior Designer fees.
7. Does include the costs of HVAC
modifications.
Disclaimer: The prices outlined are only
meant to be a rough guideline. Extenuating
circumstances such as changing material
costs, labour costs, rushed work etc… may
affect build out costs.
For a more accurate construction quote,
please contact Gio Tan Design.