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Reply to "WH announces construction of 90,000 sq foot ballroom to WH"
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[quote=Anonymous]Here are some statistics to consider regarding the new White House Ballroom. The projected size of the new facility is 90,000 square feet and the projected cost is $300 million. That works out to $3333 per square foot. On-line cost estimators suggest $300 - $500 per square foot for a “premium venue” space. $1500 per square foot would be reaching the upper limit for practically any project. For example: • An acute care medical facility, which can cost up to $1,468 per square foot in New York City and $1,455 per square foot in Honolulu. • A museum/performing arts building which can cost up to $1,304 in New York City. • A five-star hotel, which can cost up to $1,108 in New York City and $1,044 in San Francisco. • A high-rise office building in New York City ($1,026). A sit-down banquet requires 10–12 square feet per person for a comfortable setup. That includes room for chairs, a little elbow room, and walkways for guests and servers. At 20 square feet per person, 999 people would require just under 20,000 square feet. Throw in another 10,000 square feet for pre-function, support functions, maybe a dance floor and it’s still only 30,000 square feet. That leaves a surplus of 60,000 square feet. What's that all about?[/quote]
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