How to Plan a Commercial Construction Budget with 303 Construction

Budgeting for a commercial construction project requires careful planning to avoid cost overruns and ensure long-term profitability. At 303 Construction, we guide businesses through the budgeting process, offering transparent cost estimates and value-engineering solutions.

1. Land & Site Preparation Costs

• Land acquisition – Prices vary based on location, zoning, and size.
• Site development – Clearing land, grading, and installing utilities typically costs between $10,000 and $100,000, depending on project scope.

2. Construction Material Costs

• Concrete, steel, and framing – 20-30% of total costs.
• Exterior finishes (brick, stucco, metal panels) – 10-15% of total costs.

303 Construction sources high-quality materials while keeping budgets manageable.

3. Labor & Subcontractor Fees

• Skilled labor costs account for 30-50% of the budget.
• Specialized contractors (electricians, plumbers) have industry-standard rates.

4. Permit & Compliance Costs

• Denver construction permits range from $5,000 to $50,000, depending on project size.
• Inspections and code compliance fees add additional expenses.

5. Contingency Funds

• We recommend setting aside 5-10% of the budget for unexpected costs.

6. Post-Construction Expenses

• Interior furnishings, technology setup, and security systems.
• Landscaping and parking lot development.

At 303 Construction, we provide detailed cost breakdowns and cost-saving recommendations to keep your commercial project on budget and on time.