Calculating the Cost of an Education Center Build

Owning a childcare facility & education center can be as rewarding as it is stable. Not only do you help shape & mold young minds, but the industry has historically proven to be quite recession-proof.

As long as there are parents who have to work, there will be a demand for childcare. However, designing and constructing your own childcare facility isn’t always as easy as ABC.

There are many factors to consider when planning your budget, like the fluctuating costs and availability of building materials; miscellaneous costs, like obtaining permits and water & sewer taps; and additional costs associated with safety requirements that are much more stringent than most commercial buildings.

In order to get the most accurate budget possible, it’s critical to engage a quality design-builder at the earliest stages of a project. The following list offers a high-level overview of some of the most significant costs to consider.

Land costs associated with education centers

Generally speaking, land costs account for around 25-30% of total development costs. If the land is priced at $1.25 per gross square foot, 40% coverage would then be $3.13 per foot of the building. Keep in mind that the type of center your building might require additional land to accommodate recreational areas, sporting events, and other considerations. The typical size of a childcare center should include 35 indoor square feet per child, as well as 75 outdoor square feet per child.

Building costs of childcare & education facilities

Costs for building a childcare facility & education center can vary greatly depending on institute type, location, and amenities. Buildings that are made to house children also have to meet rigorous safety standards that other buildings may not require. These strict safety regulations can have a significant impact on cost.

The national average for building a primary or secondary school building costs around $327 per square foot, while rooms like laboratories average around $800 per square foot.

Reducing your childcare facility build costs

By working with a qualified design-builder, you don’t just reduce your project timeline. You can also significantly reduce your costs. At Metrolina Builders, we routinely help clients save an additional 10-20% when compared to the traditional plan-and-spec project delivery method.

To discover how we can help you design, plan, build, and project manage your next childcare & education center, just click the “Ready to Talk” button.