What it Will Cost

The projected cost analysis is about $10.7 million. Below is a breakdown of the projected cost analysis for each building.

Student/PARC Building

New Construction      
     Student/PARC Building
20,634
$150.00
3,095,100
     Main Street Covered Walk
1,075
$150.00
161,250
     Porches/Porte-Cohere
2,380
$75.00
178,500
Sub-Total    
3,434,850
Site Cost (utilities, paving)    
274,788
Design Contingency  
5%
185,482
Total    
3,895,120
Construction Contingency  
5%
194,756
Total Construction Cost    
4,089,876
Owner's Cost  
18%
736,179
Total Building Cost    
4,826,055

 

Music/Children Building

New Construction      
     Music/Children Building
22,847
$150.00
3.427,050
     Main Street Covered Walk
257
$150.00
38,550
     Porte-Cohere
762
$75.00
57,150
Chapel Renovation
6,880
$125.00
860,00
Sub-Total    
4,832,750
Site Cost (utilities, paving)    
350,620
Design Contingency  
5%
279,669
Total    
4,733,370
Construction Contingency  
5%
236,669
Total Construction Cost    
4,970,039
Owner's Cost  
18%
894,607
Total Building Cost    
5,864,645

 

Please note: Owners Costs includes costs for Professional Fees, Fund Raising Expenses, Furnishings and Equipment, Permitting Fees, Government Review Fees, Testing Expenses, Survey Expenses, etc.

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