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Main and Gates TIF Analysis
<br />Replacement Cost Report
<br />Square Foot Cost Estimate Report Date:5/12/2020
<br />Estimate Name:406 Main Street NW
<br />Building Type:Office, 1 Story with Vinyl Clapboard / Wood Frame
<br />Location:ELK RIVER, MN
<br />Story Count:1
<br />Story Height (L.F.):10
<br />Floor Area (S.F.):2400
<br />Labor Type:OPN
<br />Basement Included:Yes
<br />Data Release:Year 2019
<br />Cost Per Square Foot:$259.21
<br />Building Cost:$622,110.38
<br />% of Total Cost Per S.F. Cost
<br />A Substructure 18.63% $42.00 $100,799.76
<br />A1010 Standard Foundations $7.78 $18,669.63
<br /> A10101102700 Strip footing, concrete, reinforced, load 11.1 KLF, soil bearing
<br />capacity 6 KSF, 12" deep x 24" wide
<br />$3.93 $9,431.43
<br /> A10102107410 Spread footings, 3000 PSI concrete, load 100K, soil bearing capacity 6
<br />KSF, 4' ‐ 6" square x 15" deep
<br />$3.85 $9,238.20
<br />A1030 Slab on Grade $5.73 $13,743.17
<br /> A10301202240 Slab on grade, 4" thick, non industrial, reinforced $5.73 $13,743.17
<br />A2010 Basement Excavation $3.97 $9,524.69
<br /> A20101104620 Excavate and fill, 10,000 SF, 8' deep, sand, gravel, or common earth,
<br />on site storage
<br />$3.97 $9,524.69
<br />A2020 Basement Walls $24.53 $58,862.27
<br /> A20201107260 Foundation wall, CIP, 12' wall height, pumped, .444 CY/LF, 21.59 PLF,
<br />12" thick
<br />$24.53 $58,862.27
<br />B Shell 27.36% $61.67 $148,008.49
<br />B1010 Floor Construction $28.23 $67,749.18
<br /> B10102030860 Cast‐in‐place concrete column, 12" square, tied, 200K load, 12' story
<br />height, 142 lbs/LF, 4000PSI
<br />$8.69 $20,858.21
<br /> B10102103450 Wood column, 8" x 8", 20' x 20' bay, 10' unsupported height, 133
<br />BF/MSF, 160 PSF total allowable load
<br />$0.45 $1,079.38
<br /> B10102221720 Flat slab, concrete, with drop panels, 6" slab/2.5" panel, 12" column,
<br />15'x15' bay, 75 PSF superimposed load, 153 PSF total load
<br />$14.26 $34,213.68
<br /> B10107203700 Fireproofing, gypsum board, fire rated, 2 layer, 1" thick, 14" steel
<br />column, 3 hour rating, 22 PLF
<br />$4.83 $11,597.91
<br />B1020 Roof Construction $7.46 $17,895.36
<br /> B10201027100 Wood roof, truss, 4/12 slope, 24" O.C., 30' to 43' span $7.46 $17,895.36
<br />B2010 Exterior Walls $13.05 $31,310.03
<br /> B20101484850 Wood siding, 2"x6" studs 16"OC, insulated wall, 8" plain vinyl siding $11.44 $27,462.71
<br />Costs are derived from a building model with basic components.
<br />Scope differences and market conditions can cause costs to vary
<br />significantly.
<br />Main and Gates TIF Analysis
<br />LHB Project No. 190549.01 Page 1 of 3
<br />Replacement Cost Report
<br />406 Main St NW – Commercial Building
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