A study carried out on behalf of the FWPA, compared the cost of constructing four commercial building types in timber and using traditional materials. Each building type was designed and then independently cost for a timber option as well as a more conventional concrete framed or steel framed building in an urban location.

In all cases constructing the building in timber had lower costs than for the competing non-timber solution. Cost savings were 13.9% for a 2 storey aged care facility, 9.4% a single storey industrial shed, and similar savings for multi-storey buildings.

1505 May Costs of timber image