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Courthouse Square .~rchitectural Cost Consultants, LLC
<br />Court & High Street James A. Jerde, AIA - Stanley J. Pszczolkowski, AIA
<br />Salem, Oregon 6441 SW Canyon Court, Suite 103
<br />Arbuckle Costic Architects, Inc Portland, Oregon 97221
<br />__ ~....,.~,..,...e.,~ o~βti te Phone (503) 297-7210 Fax (503) 297-7187
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<br />ECT CONSTRUCTION COST SUMMARY
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<br />Component Area $ / SF Cost
<br />Building Shell & Core 153,343 sf 73.37 11,251,254
<br />Parking 70,793 sf 42.74 3,025,505
<br />Subtotal 22a,136 sf 63.70 $14,276,759
<br />Streetscape 33,720 sf 50.20 1,692,690
<br />Bus Mall 66,528 sf 37.29 2,480,768
<br />Subtotal 1oo,2a8 sf 41.63 $4,173,458
<br /> Tenant Finishes
<br />Ground Levet Tenant Finishes
<br />13,930 sf
<br />42.12
<br />586,780
<br /> Second Floor Tenant Finishes 27,552 sf 17.49 481,994
<br /> Third Floor Tenant Finishes 28,279 sf 24.66 697,318
<br /> Fourth Floor Tenant Finishes 28,279 sf 21.02 594,396
<br /> Tenant Finishes
<br />Fifth Fl 850 sf
<br />16 31.11 524,203
<br /> oor , 691
<br />884
<br />$2
<br />~ 114,890 sf 25.11 ,
<br />,
<br />TOTAL DIRECT CONSTRUCTION COST 521,334,908
<br />0
<br />Indicated Surplus / (Deficit) (21,334,908)
<br />ALTERNATES
<br />1 Parking Altemate 1 23,278 sf Add t 932,100
<br />2 Parking Altemate 2 19,467 sf Add t 686,200
<br />0
<br />30 ~
<br />40
<br />Estimate Date: R18-Aug-98
<br />Document Date: 23-Jui-98
<br />Print Date: 1&Aug-98
<br />Print Time: 05:44 PM
<br />Construction Start: Spring 99
<br />Comments
<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 competitivety bid project, 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 & bus mall and
<br />tenant improvements). If project is to be phased, additional cost associated with phasing to be added.
<br />The above es6mates 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°~ per year compounded.
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<br />Summary - Page 1
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