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Ct~urthe.~se Square
<br />Court & High Street
<br />Salem, Oregon
<br />,Arbuckle Costic Architects, Inc
<br />~~noi c.,.,rr~et I~nr~~ments Estimate
<br />Architectural Cost Consultants, LLC
<br />James A. Jerde, AIA - Stanley J. Pszczolkowski, AIA
<br />6441 SW Canyon Court, Suite 103
<br />Portland, Oregon 97221
<br />Phone (503)297-7210 Fax (503)297-7187
<br />Estimate Date: R 03-Dec-98
<br />Document Date: 29-Oct-98
<br />Print Date: 03-Dec-98 ~
<br />i Print Time: 11:07 AM
<br />j Construction Start: Spring 99 __
<br />DIRECT CONSTRUCTION COST SUMMARY
<br />Comnonent
<br />Area $/ SF
<br />Cost
<br />, Building Shell & Core
<br />Parking
<br />~ Bus Mall
<br />Subtotal
<br />Streetscape
<br />Subtotal
<br />Tenant Finishes
<br />' Ground Level Tenant Finishes
<br />Second Floor Tenant Finishes
<br />Third Floor Tenant Finishes
<br />Fourth Floor Tenant Finishes
<br />Fifth Floor Tenant Finishes
<br />152,792 sf
<br />71,979 sf
<br />66,528 sf
<br />224,771 sf
<br />35,650 sf
<br />35,650 Sf
<br />13,916 sf
<br />27,462 sf
<br />28,062 sf
<br />28,062 sf
<br />16,824 sf
<br />114,326 sf
<br />74.35 11,360,691 ~
<br />46.29 3,331,929 ~I
<br />32.70 2,175,371 I;
<br />I
<br />75.05 $16,867,991 ,
<br />50.20 1,789,777
<br />50.20 $1,789,777
<br />53.04 738,116
<br />29.79 818,119
<br />17.19 482,342
<br />15.69 440,414
<br />25.91 435,949
<br />25.50 $2,914,941 I
<br />Comments
<br />TOTAL DIRECT CONSTRUCTION COST 521,572,708 ~
<br />~
<br />Budget ~ ~~
<br />~
<br />21,572,708) i
<br />Indicated Surplus / (Deficit) ~
<br />• I~
<br />ALTERNATES
<br />1 Parking Altemate 1 22,092 sf 44.73 Add t 988,271 i
<br />2 Parking Attemate 2 19,467 sf 43.66 Add t 849,921
<br />' 3 0 ~
<br />40 ~
<br />--1
<br />The above estimates are for direct construction cost only. They do not include fumishings & equipment, consultant
<br />fees, inspection and testing fees, plan check fees, hazardous material testing and removal, financing costs, nor any
<br />other normally associated development costs.
<br />The above estimates assume a competitively bid project, with at least three qualified bidders in each of the major
<br />sub-trades as well as the general contractors. All work to be contracted at one time (shell & core, street & bus mall and
<br />tenant improvements). If project is to be phased, additional cost associated with phasing to be added.
<br />The estimate includes a 1.5% estimating contingency. (drawings and details are not complete, complete specifications
<br />not provided for this estimate).
<br />The above estimates assume a construction start date of: Spring 99 If the start of construction is delayed
<br />beyond the date above, the estimates must be indexed at a rate of 2 to 4% per year compounded.
<br />Summary - Page 1
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