Page 16 - Hillcore Proposal

Strathroy
Terrace
Four Floors
170 Suites| 264 Beds
Strathroy Terrace
Single Suites 76
Total Number of Living Suites 170 Single Beds 76
Total Number of Floors 6 Doulbe Suites 94
Building SF Per Floor (Floors 1 -5) 26,824 Double Beds 188
Building SF Operations Floor 20,680 Total Suites 170
Building SF 154,800 Total Beds 264
Construction Costs
Elevators, Generator, Building Access and Security Systems $1,800,000
Modular Precast Concrete $80.00 SF 154,800 $12,384,000
Windows and Glass $0.00 $2,453,184
Covered Parking $15.00 SF 30,000 $450,000
Sky Deck $40.00 SF 11,000 $440,000
Interior Finishings $52.73 SF 154,800 $8,162,478
Permit Drawings $100,000
Fire Monitoring Systems $0.00 $250,000
Water/Waste Water Stacks $17.00 LF 3,600 $61,200
Construction Costs Before Labour Costs $26,100,862 $168.61
Labour 30% $7,830,259 $50.58
Less Concrete Labour $5,031,000 $32.50
Other Work Labour $2,799,259 $18.08
Total Construction Costs With Labour Costs $28,900,121 $186.69
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 170 $2,937,226
Construction Financing 8.00% $2,312,010
Chattels Floors 1-5 $20.00 SF 134,120 $2,682,400
Chattels Operations Floor $50.00 SF 20,680 $1,034,000
Total Other Costs $10,043,746 $64.88
Total Project Cost $38,943,867 $251.58
Note: Expense Costs for Construction Management not included