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R91-154 ACCEPTING DONATION AND AUTHORIZING AGREEMENT 239 N. WATER STREET
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R91-154 ACCEPTING DONATION AND AUTHORIZING AGREEMENT 239 N. WATER STREET
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Resolution/Ordinance
Res Ord Num
R91-154
Res Ord Title
ACCEPTING DONATION AND AUTHORIZING AGREEMENT 239 N. WATER STREET
Approved Date
11/4/1991
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4 <br /> Typical interior development costs <br /> Carpet $2 .50 /sf <br /> Ceilings systems $2 . 00 /sf <br /> Partitions and doors $10.00/sf <br /> Lighting and elect $10.00/sf <br /> HVAC system $8. 00 /sf <br /> Accessible toilet rooms - two required on each developed level <br /> Each $10, 000 <br /> Windows - 20 on the front <br /> paint and reconditioning $100 each $2 , 000 <br /> replacement $700 each $14, 000 <br /> Other costs to consider would be the cost of demolition which may <br /> involve some asbestos removal. <br /> CONCLIISIONS <br /> The complicated issue of separating the utilities is a <br /> significant problem that needs considerable additional study. <br /> The systems involved are the steam heat, the sprinkler system, � <br /> the electrical system and a service elevator. �', <br /> The level of work on the roof would be determined by the level of � <br /> investment that is made inside the building. If significant <br /> amount of money is spent inside, then extra cost would be <br /> justified in making sure that the roof did not leak. <br /> Work on the facade would require a budget of $40, 000 to $80, 000. <br /> Developing the first level would require a budget of $200, 000 to <br /> $500, 000 depending on its use. <br /> Developing the second and third levels will require a very <br /> significant commitment of dollars for any office type use. The <br /> cost would be comparable to new construction. This fact is <br /> indicated by the appraisals that show that the building only has <br /> value for its first level. <br /> Additional specific information on the potential use of the <br /> building would be required to make a more definitive evaluation <br /> of renovation costs. <br /> D ARC TS <br /> ohn R. Drayto <br /> BLDD Architects - Building Evaluation <br />
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