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Courthouse Square Financial Analysis
<br />CONFIDENTIAL
<br />USE County Total Transit Retail County Expanslon Transit Refail
<br />Acquisition, Site Prep and Demolition .
<br />Landacquisilion 983,OW 2,233,585 - 37% 0°h 69°,6 0°,G
<br />Demolition & sile prep 464,000 336,000 - 58% 0°b 42°,6 0°b
<br />Environmentalconsullingfees 750,000 - - 700% 0°b 0°.6 0°,6
<br />Hazardous Material Abalement 464.000 336.000 58% 0°,6 42°,G 0%
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<br />Sub-total-Site 2,061,000 2,905,585 -
<br />Hard Construction Costs
<br />ParkingGarage 3,630,000 363,000 - 50°,6 _ 41% 9°h 0%
<br />Bus Mall - 2,598,716 - 0% 0% 100% 0%
<br />Office area shell cosl 6,916,000 1,258,400 858,000 35% 41% 14% 9°,6
<br />Office area common area costs 1,064,000 193,600 132,000 35% 41 % 14% 9°b
<br />Tenanlimprovements-office 3,397,500 617,100 - 39% 46°,6 15% 0%
<br />Tenant improvemenls - retail - 247,500 0% 0% 0% 100°b
<br />Boardroom costs - GSF 166,400 166,400 - 50% 0% 50% 0%
<br />Board room costs - NSF 175,500 175,500 - 50% 0% 50°,b 0%
<br />Restrooms-2ndtloor 142,128 • - 700°b 0°,6 0% 0%
<br />Restrooms-3rd/41hfloor 213,192 71,064 - 0°,6 75°b 25°,6 0%
<br />Serviceareas 511,688 321,274 61,989 27°b 30°b 36°,G 7%
<br />Bonding and construction Insurance 232,000 168,0~ - 58°b 0°h 42°b 0%
<br />Clocktower 66,120 . 47,880 - 50°b 0°b 42% 0°b
<br />Breezeway - 123.000 - 0% 0% 100% 0°h
<br />Subtotal - hard costs 16,608,526 6,103,934 1,299,489
<br />Owners' FFBE
<br />Teiecom 50,000 - - 100% 0% 0% 0%
<br />Fumilure 0% . 0°b ~ 0°b 0%
<br />Subtotal-FF&E 50,000 - -
<br />SoH Cosfs
<br />Archilect Fee 990,512 366,236 77,969 34% 35% 26°,6 5%
<br />Project Consullant Fees 220,000 - - 50°,6 SO°,6 0% 0%
<br />ProJect Management 996,870 368,587 78,470 34% 35°,6 26°b 5%
<br />LegalFees-construclionreialed 150,W0 50,000 75,000 55% 0°.6 18% 27%
<br />Relocation 150,000 143,000 - 51% 0% 49% 0%
<br />Appralsal fee - - 10,000 0% 0°h 0% 100%
<br />Leasingfees 500,000 60,480 140,000 O;L 71% 9% 20%
<br />Leaseup reserves ~ 450,000 - 150,000 0°,6 75% 0% 25°b
<br />Moving costs 500.000 - 700°,6 0% 0% 0%
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<br />Subtotal -Sok Costs 3,967,382 986,303 fi31,4J9
<br />Total Project Costs - before finance & conti 22,676,909 9,997,822 1,830,928 ~
<br />Project Contingency 1,1B7,669 459,132 93,488 34% 35°.G 26°.6 5%
<br />Pro'ect Grand Total - before tinance 23,7fi4,5M 10,436,963 1,924,416
<br />Space Allocatlons . -
<br />Marion County
<br />Expanslon .
<br />Trensit
<br />Retail
<br />Tolal
<br />CG&P / RSC Page 2 3/26/97 1128 AM Capital costs
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