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LJ <br />' <br />' <br />~ <br />, <br />' <br />' <br />, <br />' <br />~ <br />' <br />, <br />, <br />' <br />, <br />' <br />~ <br />~ <br />I~ <br /> <br />Courthouse Square Architectural Cost Consultants, LLC !~ Estimate Date: R21-Aug-98 <br />Court & High Stfeet James A. Jerde, AIA - Stanley J. Pszczolkowski, AIA Document Date: 23-Ju1-98 <br />Salem, Oregon 6441 SW Canyon Court, Suite 103 Print Date: 21-Aug-98 <br />Arbuckle Costic Architects, Inc Portland, Oregon 97221 Print Time: 11:12 AM <br />Design Development Probable Cost Estimate Phone (503) 297-7210 Fax (503) 297-7187 _' Construction Start: Spring 99 <br /> <br /> DIRECT CONSTRUCTION COST SUMMARY <br /> --- <br /> <br />Component ~ <br />- <br />' Area S/ SF Cost Comments <br />Building Shell & Core 153,343 sf 73.45 11,262,900 <br />Parking 70,793 sf 42.67 3,020,512 <br />Bus Mall 66,528 sf 37.63 2,503,582 <br />Subtotal 22a,136 sf ~a.so $16,786,995 ' <br />Streetscape 33,720 sf 50.15 1,691,150 <br />i <br />Subtotal ~, 33,72o sf 50.15 $1,691,150 ! <br />Tenant Finishes ' ' <br />Ground Level Tena t Finishes '~ 13,930 sf 42.85 596,862 ' <br />Second Floor Tena Finishes I 27,552 sf 17.49 481,994 <br />Third Floor Tenant inishes ' 28,279 sf 24.66 697,318 <br />Fourth Floor Tenant Finishes ' 28,279 sf 22.72 642,601 <br />Fifth Floor Tenant Fi ishes 16,850 sf 31.11 524,203 ' <br /> ~ ~a,890 sf 25.62 $2,942,978 , <br />TOTAL DIRECT CON TRUCTION COST 521,421,123 <br />Bud et 0 <br />Indicated Surplus / (De cit) (21,421,123) ! <br />' <br /> <br />ALTERNATES _ -- - <br />~I <br />1 Parking Alternate 1 23,278 sf Add t 930,300 '~ <br />2 Parking Altemate 2 19,467 sf Add t 808,500 <br />30 0 <br />40 0 ' <br />The above estimates a e for direct construction cost only. They do not include fumishings & equipment, consultant <br />fees, inspection and te ting fees, plan check fees, hazardous material testing and removal, financing costs, nor any <br />other normally associa ed development costs. <br />The above estimates a sume a competitively bid project, with at least three qualified bidders in each of the major <br />sub-trades as well as t e general contractors. All work to be contracted at one time (shell & core, street 8~ bus mall and <br />tenant improvements). If project is to be phased, additional cost associated with phasing to be added. <br />The above estimates a sume 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 4-6% per year compounded. <br /> Summary - Page 1 <br />