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Terner Center 2020 Study Findings <br />Figure 4: Hard Construction Cost Per Square Foot, California (2018 $) <br />$250 <br />$200 <br />2010 <br />tiO~1 <br />ryO~ry <br />tiO1� <br />�O~� <br />ryOy� <br />tiOy� <br />ryO~� <br />0�2OO� <br />• The Terner Study found Hard <br />construction costs fluctuated <br />between $177 to $222 per <br />square foot <br />• STW/Prevailing wage adds <br />approximately $30 per square <br />foot in labor <br />• Increases the hard <br />tiQ,� <br />construction costs of a project <br />on the average between 14% <br />to 17% <br />TERNERoxoo SING <br />ON <br />CENTERUC BE KE LEY <br />ATE RNER CENTER REPORT -MARCH 20M <br />