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Courthouse Squa~e Architectural Co~t Consultants, LLC Estimate Date: R21,Aug-98
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<br />Court & High Street
<br />James A. Jerde, AIA - Stanley J. Pszczolkowski, AIA ~
<br />DocumeM ~ate: 23,1u1-98
<br /> Salem, Oregon 6441 SVN Canyon Court, Suite 103 Print Date: 21-Aug-98 !
<br /> Arbuckle Costic Architeds, Inc Portland, Oregon 97221 Print Time: 11:12 AM ;
<br /> Des' n Devetopment Probable Cost Estimate Phone (503) 297-7210 Fax (503) 297-7187 Construdion Start: S rin 99 ~
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<br />I DIRECT CONSTRUCTION COST SUMMARY ~
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<br />~ Component ,
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<br />Area $/ SF Cost ' Comments !
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<br />i Buildi~g Shell & Core
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<br />153,343 sf 73.45 11,262,900 ------ -- -
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<br />i Parking ~
<br />70,793 sf 42.67 3,020,512
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<br />, Bus Mall I
<br />66,528 sf 37.63 2,503,582 ,
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<br />~ Subtotal
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<br />224,136 sf 74.90 $16,786,995 ,
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<br />Streetscape
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<br />33,720 sf 50.15 1,691,150 '
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<br />Subtotal 33,72o sf 50.15 $1,691,150 I
<br />Tenant Finishes I
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<br />I Ground Level Tenant Finishes 13,930 sf 42.85 596,862 ~ ~
<br />~ Second Floor Tenant Finishes 27,552 sf 17.49 481,994 ~
<br />' Third Floor Tenant Finishes
<br />~ 28,279 sf 24.66 697,318 '
<br />Fourth Ftoor Tenant Finishes
<br />; Fifth Floor Tenant Finishes 28,279 sf 22.72 642,601
<br />16,850 sf 31.11 524,203 , ~
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<br />~ ~ 114,890 sf 25.62 $2,942,978 ~
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<br />! TOTAL DIRECT CONSTRUCTION C OST $21,421,123 j ~
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<br />Indicated Surplus / (Oeficitj (2~,42~,~23) I
<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 />3 0 - p ~
<br />40 p I
<br />The above estimates are for direct construction cost only. They do not include fumishings & equipment, consuftant '
<br />fees, inspection and testing fees, plan check fees, hazardous material testing and removal, financing costs, nor any '
<br />other normally associated development costs. ' I
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<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 the general oont~actors. All work to be contracted at one time (shell & core, street 8~ bus mall and I
<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 constn.iction is delayed
<br />beyond the date above, the estimates must be indexed at a rate of 4-6°k per year compounded.
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<br />Summary - Page 1
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