Summer 2025 Cost Report
- Aug 21, 2025
A view of the cost trends, design priorities, and market forces shaping the second half of 2025
The Summer 2025 edition of Beck’s Cost Report delivers insights decision-makers need now. From rising tariffs and interest rate uncertainty to the growing demand for data centers, healthcare, and higher education projects, we break down the factors most likely to influence planning and costs in the months ahead.
Inside you’ll find:
- Updated cost data across markets and building types
- Sector snapshots, from higher education housing to hospitality and multifamily
- Student housing design insights focused on well-being, flexibility, and long-term value
- Project spotlights from phase one of UT Dallas’s new Athenaeum and TCU’s East Campus Housing and Dining
Turning Market Complexity into Clarity
The Beck Group combines architecture, construction, and real-time market data to help clients make smarter decisions.
The Summer 2025 Cost Report is designed to give you clarity in a complex market so you can anticipate challenges, identify opportunities, and move forward with confidence.
Key Takeaways from the Summer 2025 Cost Report
- Tariffs & Rates: Tariffs on steel, aluminum, and copper paired with high borrowing costs are delivering a one-two punch to the industry.
- Backlogs Remain Strong: July contractor backlogs averaged 8.8 months, with data centers helping sustain demand.
- Regional Growth: The South continues to lead the nation in project activity, fueled by population growth and a pro-business climate.
- Design Priorities: Student well-being and adaptable design top the list for higher education leaders.
Download now for the insights you need to stay ahead of the trends influencing costs and project planning.