Page 14 - Hillcore Proposal

Strathroy
Terrace
Four Floors
127 Suites| 198 Beds
Strathroy Terrace
Single Suites 56
Total Number of Living Suites 127 Single Beds 56
Total Number of Floors 5 Doulbe Suites 71
Building SF Per Floor (Floors 1 -4) 26,824 Double Beds 142
Building SF Operations Floor 20,680 Total Suites 127
Building SF 127,976 Total Beds 198
Construction Costs
Elevators, Generator, Building Access and Security Systems $1,500,000
Modular Precast Concrete $80.00 SF 127,976 $10,238,080
Windows and Glass $2,039,472
Covered Parking $15.00 SF 30,000 $450,000
Sky Deck $40.00 SF 11,000 $440,000
Interior Finishings $51.09 SF 127,976 $6,538,692
Permit Drawings $100,000
Fire Monitoring Systems $250,000
Water/Waste Water Stacks $17.00 LF 3,600 $61,200
Construction Costs Before Labour Costs $21,617,444 $168.92
Labour 30% $6,485,233 $50.68
Less Concrete Labour $4,159,220 $32.50
Other Work Labour $2,326,013 $18.18
Total Construction Costs With Labour Costs $23,943,457 $187.09
Other Costs
Site Development Cost $40.19 (per SF of building area; or $11 PSF of land area) $1,078,110
Development Charges (Residential) $17,278 per unit 127 $2,194,281
Construction Financing 8.00% $1,915,477
Chattels Floors 1-4 $20.00 SF 107,296 $2,145,920
Chattels Operations Floor $50.00 SF 20,680 $1,034,000
Total Other Costs $8,367,787 $65.39
Total Project Cost $32,311,244 $252.48
Note: Expense Costs for Construction Management not included