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~Courthouse Square Arc6itectural Cost Consultants, LLC ~ Estimate Date: R21-Aug-98
<br />,Court & High Street ~ James A. Jerde, AIA - Stanley J. Pszczolkowski, AIA Oocument Date: 23-Jui-98
<br />
<br />~
<br />Oregon
<br />;Salem
<br />6441 SW Canyon Court, Suite 103
<br />Print Date:
<br />21-Aug-98
<br />,
<br />;Arbuckle Costic Architects, Inc Portland, Oregon 97221 Print Time: 11:12 AM
<br />jDesign Development Probable Cost Estimate Phone (503) 297-7210 Fax (503) 297-7187 _ _
<br />- __ Construction StaR:
<br />-- -- Spring 99_ _
<br />DIRECT CONSTRUCTION COST SUMMARY
<br />_
<br />Component
<br />Area S ~ SF
<br />Cost
<br />Building Shell & Core
<br />Parking
<br />Bus Mall
<br />I Subtotal
<br />', Streetscape
<br />' Subtotal
<br />; 153,343 sf
<br />! 70,793 sf
<br />73.45 11,262,900
<br />42.67 3,020,512
<br />~ Comments
<br />66,528 sf 37.5a 2,503,582
<br />224,136 sf 74.90 $16,786,995 ;
<br />33,720 sf 50.15 1,691,150
<br />33,720 sf 50.15 $1,691,150
<br />Tenant Finishes I
<br />I Ground Level Tenant Finishes 13,930 sf 42.85 596,862 !
<br />'~ Second Floor Tenant Finishes I 27,552 sf 17.49 481,994 i
<br />Third Floor Tenant Finishes i 28,279 sf 24.66 697,318 ~
<br />; Fourth Floor Tenant Finishes i 28,279 sf 22.72 642,601 i
<br />Fifth Floor Tenant Finishes 16,850 sf 31.11 524,203 i
<br /> ~ 74.89o sf
<br />
<br />~ 25.62 $2.942,978 ;
<br />~
<br />J
<br />~
<br />TOTAL DIRECT CONSTRUCTION COST --
<br />521,421,123 i
<br />i
<br />R~~rlnn4 O ~.
<br />Indicated Surplus / (Deficit) (21,421,123) I
<br />~ ---
<br />ALTERNATES
<br />1 Parking Altemate 1 23,278 sf Add t 930,300 I
<br />2 Parking Altemate 2 19,467 sf Add t 808,500 '.
<br />30 0 ;
<br />40 ~ ~
<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 projeet, 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 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 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 4-6°k pe~ year compounded.
<br />Summary - Page 1
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