Condominium
 |
| Size |
11 stories, 352,000 SFG with 235 units |
| Site |
2 acres |
| Location |
Washington, DC |
| Development |
Rounded Cost |
Cost
Per SF |
| Land |
19,317,000 |
55 |
| Direct |
53,352,000 |
151 |
| *Indirect |
19,317,000 |
55 |
| Total |
91,986,000 |
261 |
|
 |
| |
Full Service Hotel
 |
| Size |
7 stories, 140,000 SFG with 200 guestrooms |
| Site |
7 acres |
| Location |
Washington, DC |
| Development |
Rounded Cost |
Cost
Per SF |
| Land |
7,381,000 |
53 |
| Direct |
42,440,000 |
303 |
| *Indirect |
11,686,000 |
83 |
| Total |
61,507,000 |
439 |
|
 |
| |
Office Building
(Core and Shell)
 |
| Size |
11 stories, 478,000 SFG |
| Site |
3 acres |
| Location |
Washington, DC |
| Development |
Rounded Cost |
Cost
Per SF |
| Land |
26,637,000 |
56 |
| Direct |
59,932,000 |
125 |
| *Indirect |
46,614,000 |
98 |
| Total |
133,183,000 |
279 |
|
 |
|
*Typical indirect costs include:
Survey Fees
EIS Report and
Consultant Studies
Appraisal
Environmental Site Assessment Studies
Testing and Inspection Fees
Developer's Legal Fees, Approvals, and Financing
Title Insurance
Utility Connection Fees
Building Permit Fees
Mortgage Broker Fees
Leasing Fees and Commissions
Construction Financing Points
Mortgage Tax and Recording Fees
Construction Financing Interest
Accounting
Lender's Counsel
Lender's Construction Consultant
Real Estate Taxes
Auditing Costs
Builder's Risk Insurance
Developer's Fee
Interim Operating Costs |
