Advertisement

An overwhelming majority — 70.73% — of restaurant development + design readers surveyed in June 2021 said construction and material costs are substantially higher this year when compared to past years. Another 17.07% of readers surveyed in June classify construction and materials costs as “somewhat higher” this year. Just 1.22% said “costs are about the same.”

Not a single respondent said their construction and materials costs were lower in 2021. However, 10.98% said they had no opinion on construction costs because they did not plan to build any new units this year.

rd+d launched a yearlong research project that will periodically survey qualified subscribers on the state of restaurant development and design. Each issue in 2021 will feature new data collected from very recent reader surveys. 

Advertisement