Page 42 - Gasparilla Inn Expansion
P. 42
October 19,2017
Gasparilla Inn & Club
Beach Club Renovation & North Parcel Development Option
1. Site Development Costs $7,427,700
2. Beach Cottages: $10,870,000
a. Four (4) Bedroom Unit (3 each x $1,490,000)
b. Three (3) Bedroom Unit (2 each x $1,325,000)
c. Two (2) Bedroom Unit (3 each x $1,250,000)
3. Fitness / Yoga Center *(Pool Cost is with Site Dev. Cost) $2,268,400
4. Tennis Clubhouse (Allowance for a redesigned version) $500,000
5. Inn Adventures Building (Reuse of existing Tennis Center)
a. Building Relocation Cost $262,000
b. Building Renovation Allowance (TBD How much is required) $280,000
6. Existing Beach Club Renovations $2,935,000
a. Renovate Main Dining/Serving ($620,000)
b. Renovate Gulf Room Dining ($650,000)
c. Renovate Fitness/Yoga into Meeting Rms ($1,235,000)
d. Renovate Covered Walkways/Breezeways ($430,000)
Total Budget Cost $24,543,100
