Development Team Meeting Notes (96-99)

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design that we are all comfortable with it. Additional discussions followed regazding the retail issue ~, of the ground floor space. Dave also addressed the situation of a separate contractor building the retail tower and how to coordinate two different contractors on site and who maintains control. These areas will be worked out in the RFP. The timing on the RFP will be one month to put together and then out for bid for one month; so it will be at least two months before responses come back in. We want to get a maximum response and explore as many options as we can. NIlVIDC is working on putting together a list of individuals to contact and would appreciate any names you would like to provide. Would there be any problem with Pence/Kelly proposing with a partner? No, however, NIlVIDC would be the only pa.rty of the group that should not propose. Budgets Pence/Kelly prepared cost comparisons on the four design options from last week. The 4& 5 story came out almost identical. The last streetscape budget was $1.6 million with the original old design and the costs should not change too much. The square footage is about the same in the two sma11 plazas as the original larger one. Streetscape needs have not been reduced in the new design, but dollars will stay. The city currently has $1.3 to $1.4 million in their budget, but we will ask for more on a line-item basis. There aze no guarantees, but we can ask. Comparisons were made on the cost per square foot from the June estimate vs. today's numbers. ~,; Efficiencies have reduced costs by $14/s£ We are headed in the right direction by reducing overbuild and gaining efficiencies in the design have helped get a better quality building at lower costs. Dave went over the numbers and differences in the 4 and 5 story versions and gave additional clarifications. The cores are exactly the same, size-wise and elevator-wise. The treatment of the the north side bus mall wall was also discussed. Transit will have control over this wall. It is not in the shell costs, but will be figured in the bus mall costs. Other issues to explore will be separation of ownership and fire marshall issues when looking at the treatment of this wall. An 8" wall has been added into transit's budget. It will need to be fine tuned. The arcade is covered in the budget for the south tower building, but not included in the private development side. This item will need to be refined as well to keep it sepazate and clean. Dave will work with Byron and Interface to work out a cost break down for mechanical/plumbing, etc. to establish a fairly simple program and then use add-alternates to it. No restrooms are shown on the ground floor and restrooms aze not included in these costs. Leonard will put them in. Discussions ensued about the restrooms being separate from the TI's and in the common space allocations for the ground floor. Restrooms on the 2nd-Sth floors meet and exceed code requirements for restrooms, but are not adequate for tenants. ~„~ Page 2 of 4