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Courthouse Square Architectural Cost Consultants, LLC Estimate Dale: R 03-Dec-98
<br />Couf~ 8 High Stf2et James A. Jerde, AIA - Slanley J.. Pszczolkowski, AIA Document Date: 29-Oct-98
<br />Salem, Oregon 6441 SW Canyon Court, Suite 103 Print Da~e: 03-Dec-98
<br />Arbuckle Coslic Archilects, Inc Portland, Oregon 97221 Pnnt Time: 11:07 AM
<br />50°k CoNract Documenls Eslimale Phone (503) 297-7210 Fax (503) 297-7187 Conslruction SIaA: Spring 99
<br />DIRECT CONSTRUCTION COST SUMMARY
<br />Component I Area $/ SF Cest
<br />Building Shell & Core 152,792 sf 74.35 11,360,691
<br />Parking 71,979 sf 46.29 3,331,929
<br />Bus Mall 66,528 sf 32.70 2,175,371
<br />Subtotal 224,77~ sf 75.05 $16,867,991
<br />Streetscape 35,650 sf 50.20 1,789,777
<br />Subtotai 35,65o sf 50.20 $1,789,777
<br />Tenant Finishes
<br />Ground Level Tenant Finishes 13,916 sf 53.04 738,116
<br />Second Floor Tenant Finishes 27,462 sf 29.79 818,119
<br />Third Floor Tenant Finishes 28,062 sf 17.19 482,342
<br />Fourth Floor Tenant Finishes 28,062 sf 15.69 440,414
<br />Fikh Floor Tenant Finishes 16,824 sf 25.91 435,949
<br /> 114,326 sf 25.50 $2,914,941
<br />TOTAL DIRECT CONSTRUCTION COST $21,572,708
<br />Indicated Surplus / (Deficit) (21,572,708)
<br />ALTERNATES
<br />7 Parking Alternate 1 22,092 sf 44.73 Add t 988,271
<br />2 Parking Alternate 2 19,467 sf 43.66 Add t 849,921
<br />30 ~
<br />40 ~
<br />Comments
<br />The above estimates are for direct construction cost only. They do not include furnishings & equipment, consultanl
<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 project, with at least three qualified bidders in each of the major
<br />sub-trades as well as ihe general contractors. All work to be contracted at one time (shell & core, street & bus mall and
<br />tenant improvements). If project is to be phased, additional cost associated with phasing to be added.
<br />The estimate includes a 1.5% estimating contingency. (drawings and details are not complete, complete specifications
<br />not provided for this estimate).
<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 eslimates must be indexed at a rate of 2 to 4% per year compounded.
<br />Summary - Page 1
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