Costs and benefits of shell space construction.
"Shell space" is space constructed to meet future needs; it is space enclosed by an exterior building shell, but otherwise unfinished inside. The construction of shell space at the same time another facility is constructed, while adding to overall immediate construction costs, often can lower total expenditures over the long term. This article presents a model for evaluating the financial feasibility of constructing shell space during a capital construction project.
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D003362:Cost-Benefit Analysis; D005240:Feasibility Studies; D005377:Financial Management, Hospital / Q000379:methods*; D005379:Financing, Construction / Q000379:methods*; D017721:Hospital Costs; D006749:Hospital Design and Construction / Q000191:economics* / Q000639:trends; D017059:Models, Econometric; D010934:Planning Techniques; D014481:United States