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to range between $3.5 to $6 million. This building currently supplies approximately two-thirds <br />of the total squaze footage occupied by non-court downtown county departments and agencies. <br />7. The Marion County Courthouse contains only 74,000 net square feet, so it is not <br />large enough to meet even the current space needs of the non-court downtown county <br />departments and agencies. Therefore, selection of the strategy recommended by the courts <br />subcommittee, that the courthouse be remodeled for non-court department and agency use and <br />that a new Justice Center be built for the courts, would necessitate continued use of the Franklin <br />Building and probably the Ticor Building to meet the projected space needs for non-court <br />downtown departments and agencies. Under that arrangement, these departments and agencies <br />would continue to be physically separated from one another. <br />B. RECOMMENDATIONS <br />1. Consider purchase of the Equitable Building, which is located one block north of <br />the Senator Building. The building appears to contain sufficient square footage and parking to <br />meet the county's space needs for the next 20 years. It also meets the county's goal of <br />consolidating departments and is one of the least cost options of all the alternatives considered. <br />A detailed study of the building must be completed as soon as possible to determine if the <br />building is the most cost effective solution for meeting the county's downtown space needs. <br />2. If this option is not cost effective, it is recommended that the county consider <br />constructing a new 138,000 gross square foot Public Service Building on the Senator Block. <br />C. COST FACTORS <br />1. Preliminary cost studies indicate that the Equitable Building can be purchased and <br />remodeled at a cost of $9.6 to $11.6 million. This option is about $8 to $10 million less than <br />constructing a new Public Service Building and at least $5 million less than a downsized (Phase <br />PAGE 21 <br />ksj/cd/Facilities.int 04/07/95 <br />