November 19, 2017

Year in Architecture 2016: Six-Year Cost Summary

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Six-Year Cost Summary

Symbol Code: ARR—Additions, Renovations, and Remodels

Fiscal 2011 Fiscal 2012 Fiscal 2013 Fiscal 2014 Fiscal 2015 Fiscal 2016
Number of new buildings 62 34 27 29 38 33
Number of ARRs1 89 73 47 55 54 59
Sq. ft. new buildings 1,555,598 898,865 470,167 717,973 896,195 831,110
Sq. ft. ARRs 1,672,664 1,375,307 715,380 1,164,535 1,222,795 1,297,229
NEW BUILDINGS
Construction cost $454,425,651 $263,313,088 $139,136,298 $212,257,074 $274,900,907 $257,213,872
Equipment cost 47,836,977 30,533,085 16,184,831 34,002,671 26,895,130 37,522,113
Site cost 35,104,201 14,215,747 28,272,719 18,929,131 12,031,896 19,242,482
Other cost 113,525,121 53,113,752 29,983,512 49,676,815 68,193,630 73,601,931
Total—Project cost 650,871,920 361,175,672 212,079,360 314,866,191 360,746,279 397,152,182
ARRs—Project cost 447,583,852 241,643,154 145,668,398 260,983,928 311,990,635 237,347,021
NEW & ARR PROJECT COST $1,098,455,772 $602,818,826 $357,747,758 $575,850,119 $672,736,914 $634,499,203

 

Funding Sources

Symbol Code: ARR—Additions, Renovations, and Remodels

Fiscal 2011 Fiscal 2012 Fiscal 2013 Fiscal 2014 Fiscal 2015 Fiscal 2016
Federal, new buildings $5,854,589 $38,465,599 $1,000,000 $25,617,538 $475,000 $350,000
Federal, ARRs 9,270,750 18,882,075 1,684,211 6,239,463 1,500,000 2,423,000
Federal, total $15,125,339 $57,347,674 $2,684,211 $31,857,001 $1,975,000 2,773,000
State, new buildings $43,548,440 $19,558,708 $9,570,111 $64,563,247 $15,169,766 15,025,234
State, ARRs 33,147,756 9,286,208 2,017,590 19,563,872 5,251,244 2,787,038
State, total $76,696,196 $28,844,916 $11,587,701 $84,127,119 $20,421,010 17,812,272
Local, new buildings $567,608,480 $284,164,989 $192,466,192 $215,147,978 $331,311,400 371,719,254
Local, ARRs 348,642,090 184,662,609 133,692,708 188,446,449 244,614,937 199,559,402
Local, total 916,250,570 468,827,598 326,158,900 403,594,427 575,926,337 571,278,656
Gift, new buildings $37,374,332 $19,573,952 $12,366,431 $13,312,404 $24,430,676 14,388,312
Gift, ARRs 58,733,738 29,367,511 8,996,727 50,361,901 63,353,240 32,636,393
Gift, total $96,108,070 $48,941,463 $21,363,158 $63,674,305 $87,783,916 47,024,705
Total—Funds Used $1,104,180,175 $603,961,651 $361,793,970 $583,252,852 $686,106,263 $638,888,633

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Bette-Lee Fox About Bette-Lee Fox

Bette-Lee Fox (blfox@mediasourceinc.com) is Managing Editor, Library Journal.

Celebrating her 43rd year with Library Journal, Bette-Lee also edits LJ’s Video Reviews column, six times a year Romance column, and e-original Romance reviews, which post weekly as LJ Xpress Reviews.

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