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Courthouse Square Financial Analysis
<br />GQNFIDENTIAL
<br />USE GSF NSF Units Unit Cost Total Cost County Expansion
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<br />Acquisilion, Sile Prep and Demolilion
<br />Land acquisition 3,216,585 983,000 -
<br />Demolilion & site prep 800,000 464,000 _
<br />Environmenlal consulting fees 150,000 . 750,000 -
<br />Hazardous Malerial Abatement 800,000 464.000
<br />Su6•total-Site 4,966,585 2,061,000 -
<br />Hard Constructfon Costs .
<br />Parking Garage 363 $ 71,000 3,993,000 1,980,000 1,650,000
<br />Bus Mall 58,116 $ 44.72 2,598,716 - -
<br />Office area shell cost 173,700 $ 52.00 9,032,400 3,172,000 3,744,000
<br />Ofllce area common area costs 173,700 $ 8.00 1,389,600 488,000 576,000
<br />Tenant improvements - office 133,620 $ 30.00 4,008,600 1,555,500 1,836,000
<br />Tenantimprovemenls-relail 76,500 ~ $ 15.00 247,500 - -
<br />Board room cosls - GSF 6,400 $ 52.00 332,800 166,400 -
<br />Boardroomcosls-NSF 5,400 $ 65.00 351,000 175,500 -
<br />Restrooms-2ndFloar 742,128 142,728 -
<br />Restrooms-3rd/4th0oor 284,256 - 213,192
<br />Serviceareas 25,570 $ 35.00 894,950 247,192 270,496
<br />Bonding and conslruction insurance 400,000 232,000 -
<br />Clocktower 114,000 66,120 -
<br />Breezevray 123,000
<br />Subtotal • hard costs 23,911,960 B,218,B40 8,289,686
<br />Owners' FF&E
<br />Telecom 50,000 50,000 -
<br />Fumiture
<br />. Subtotal-FFBE 60,000 50,000 -
<br />Sok Cosfs
<br />Architect Fee 6.00°h 1,434,717 493,130 497,381
<br />Project Consultanl Fees 220,000 110,000 170,000
<br />ProjeclManagement . 5.00°b 1,443,927 496,296 500,574
<br />Legal Fees - construclion related ~ 275,000 150,000 -
<br />Relocation 293,000 150,000 -
<br />Appreisal fee ~p ~p _ _
<br />Leasitlq lees ~ 700,480 - 500,000
<br />Leaseup reserves 600,000 - 450,000
<br />Movingcosts 500.000 500000
<br />Subtotal-SOftCosts 5,477,124 1,899,426 2,057,955
<br />Total Project Costs - 6efore finance 8. contin gency 34,405,fi69 14,229,268 10,347,643
<br />ProjectContingency 5.0°h 1,720,283 691,283 596,380
<br />Projeci Grend Total-6efore finance 36,126,942 12,820,549 10,944,023
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<br />Space Allocations
<br />GSF 85%
<br />NSF Overell GSF
<br />Bus Mal Board Room
<br />Total GSF Parldng "SpIiP'
<br />MarionCounty 61,000 51,850 3,200 64,200 180 58°,6
<br />Expansion 72,000 61,200 ~ , . 72,000 150
<br />Transil ~ 24,200 20,570 58,N6 3,200 85,516 33 42°h
<br />Relail 16.500 74.025 76,500 0
<br />Total - 173,700 147,645 238,216 363
<br />CG&P / RSC Page 1 3/26/97 1129 AM Capital costs
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