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<br />Downtown Parking Study
<br />Table 9
<br />King Avenue Lot
<br />Summary of Concept Options
<br /> Option 1 Option 2 Option 3 Option 4
<br />Spaces in Structure -Conceptual Design 287 293 256 453
<br />Spaces in Structure -Design Refinements 273 278 243 430
<br />Levels Above Grade 2 2 3 2
<br />Foot Print 124' X 275' 124' X 280' 124' X 260' 186' X 275'
<br />Circulation System Two Way Two Way Two Way Two Way
<br /> Single Thread Single Thread Single Thread Single Thread
<br />Square Feet -Parking Structure 90,808 92,344 92,608 142,881
<br />Efficiency (s.f. per space) 333 332 381 332
<br />Construction Cost (1) $4,695,000 $4,774,000 $4,788,000 $7,387,000
<br />Waterproofing Over Retail Space $0 $0 $506,000 $0
<br />Parking Structure Cost -subtotal $4,695,000 $4,774,000 $5,294,000 $7,387,000
<br />Parking Structure Cost per Space $17,200 $17,200 $21,800 $17,200
<br />Fees, Surveys, Design, Geotechnical 12% $563,000 $573,000 $635,000 $886,000
<br />Existing Building Demolition Allowance $40,000 $0 $40,000 $40,000
<br />Project Cost (2) $5,298,000 $5,347,000 $5,969,000 $8,313,000
<br />Existing Spaces 158 158 158 158
<br />Surface Spaces Remaining 50 51 105 54
<br />Net Added Spaces 165 171 190 326
<br />Project Cost per Added Space $32,200 $31,200 $31,400 $25,500
<br />Notes
<br />(1) Structure Construction Cost $52 /Square Foot (includes 10% estimating contingency)
<br />(2) Acquisition of existing buildings not included. Site work north of structure not included.
<br />September 2007 Carl Walker, Inc.
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