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AUG-?1-98 FRI 16;02 ARBUCKLE COSTIC ARCH INC FRX N0, 5035813655
<br />To: Loonard Lodder From: Archilectural Cos( Consuha~rtS. LL(Date: 8/21198 Tlme: t4:3427
<br />Caurthouse Square
<br />Court 8 High Street
<br />Salem, Oregon
<br />ArbuoMe Costio Architects. Inc
<br />Des{an Davelaoment Proba~le Cos[ Esiimate
<br />L--~-~---- ---.....
<br />Architcctural Cost Consultants, LLC
<br />James R. Jerde, AIA - Stanley .1. Pszczolkorvald, AIA
<br />844'i uW Canyon Court, Suita t03
<br />Portfand, Oregon 97221
<br />Phane (503) 2~37•7210 Fax (503) 2f~7•i187 __
<br />Estimate Date: R21-Au~98
<br />Document Date: 2P.Ju~.SB
<br />Print Date: 21-Aug98
<br />Print Time: 02:25 Ptvi
<br />Constru~tion Start: Sprins~ 99
<br />DtRECT CONSTRUCTION COST SUMMARY
<br />Ccmponent Area $ f SF Cost Comments
<br />Building Shall ~ Core 153,343 sf 73.46 11,262,900
<br />Parking 70,793 sf 42.67 3,020,St2
<br />Sus Mall 66,528 sf 37.63 2,503,582
<br />
<br />SubtOtal .. ._......__
<br />22a,13~ sf 74.90- $16,7$6,995
<br />Streetscape 33,720 sf 5d.15 1,691,150
<br />su~coial ss.~ao st 50.~5 $1,891,150
<br />iI
<br />T~nant Finishes
<br />Grounci Level Tenant Finishes 13,936 sf 42.85 586,862
<br />Second Floor Tenani Finishes 27,552 sf 17.49 481,994
<br />Third Floor Tenant Finishvs 28,279 sf 24.68 697,318
<br />~
<br />Fourth Floor Tenant Finishes 28,279 sf 22.72 642,601 ~
<br />FikhFEoorl~enantFinishPs "~_..._~ 524'203
<br />B8
<br />3
<br /> ~
<br />z $2,9a2.s7a
<br />flost -._
<br />258
<br />TOTAL DiRECT CONSTRUC310N COST $21>421,~t23 j
<br />Budget~_~a ..,w.._,__.__~__ ~ -~
<br />
<br />Indicated Surplus! (Def~cit) (21,421,123}
<br />ALT~RNA7~S
<br />1 Parking Alternate 1 23,273 sf Add s 930,300
<br />2 Parking Atternatp 2 t9,d67 sf Add t 808,500 ~
<br />30 d
<br />40 ~
<br />Th~ above estimates ara for dirad construdion cost only. They da not include fumishings & equipmen[, Consuliant
<br />fees, inspection and testing fees, plan check fees, hazardous maFerial testiing and removal, financiny cosLs, nor any
<br />other normaily 3ssociated deve{opment costs.
<br />The above estimates assume a corrspetitively bid pmject, with at least three qualified b'tdders in each of the major
<br />sub-trades as wall as the generai contractors. All work to be contsactad at one time (sheli & core, street & bus mall and
<br />tenant improvements), If project is to be ph2s2d, additional cost associated with phasing to be added.
<br />The above estimate5 a~sume a construction start dat? af; S~.ring 99 If the start of construction is delayed
<br />beyond the d~te abo~e, the. estimates must be indexed at a rate of 4-G~a per year compoundad.
<br />
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