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HomeMy WebLinkAboutAgenda Item - 2025-01-09 (04)Preliminary Cost Estimates SSFS Task Force January 9, 2025 Agenda •Numbers in Context •Calculating Cost/SF Multiplier •Square Footage Estimate (updated) •Base Cost Range •Other Potential Costs •Project Options –RANK 2/21 Numbers in Context 3/21 What’s in a (Phase I) Cost Estimate? 1.Hard Costs 2.Soft Costs 3.Financing •Pre -bond (~$100k) •Debt service (+1-2%) 4.Escalation 5.Contingency •Folded into hard and soft costs 4/21 •Hard Costs •Cost/SF Range of Comparable Projects •Soft Costs •As percentage of hard costs •Escalation •Average annual range 5/21 Variables 1.Find: Soft Costs Hard Costs * Soft Cost Multiplier 2.Find: Total Cost/SF Hard Costs + Soft Costs 3.Find: Adjusted for Time Total Cost/SF * Escalation Repeat for each additional year Total Cost/SF Adjusted for Time Method Other Potential Costs •Land Acquisition •Transition Costs •LOPD Evidence Storage •Hard Costs ($850-900/sf) •Cost/SF Range of Comparable Projects •Soft Costs (TBD) •As percentage of hard costs (30%) •Escalation (3-5%) •Average annual range 6/21 Calculating Cost/SF Multiplier Variables Other Potential Costs (later) •Land Acquisition •Transition Costs •LOPD Evidence Storage •Hard Costs ($850-900/sf) •Cost/SF Range of Comparable Projects •Soft Costs ($255-270/sf) •As percentage of hard costs (30%) •Escalation (5%) •Average annual range 7/21 Variables 1.Find: Soft Costs $255-270/sf Hard Costs * Soft Cost Multiplier $850-900/sf * 30% Calculation Calculating Cost/SF Multiplier Other Potential Costs (later) •Land Acquisition •Transition Costs •LOPD Evidence Storage •Hard Costs ($850-900/sf) •Cost/SF Range of Comparable Projects •Soft Costs ($255-270/sf) •As percentage of hard costs (30%) •Escalation (5%) •Average annual range 8/21 Variables 1.Find: Soft Costs $255-270/sf Hard Costs * Soft Cost Multiplier $850-900/sf * 30% 2.Find: Total Cost/SF $1,105-1,170/sf Hard Costs + Soft Costs $850-900/sf + $255-270/sf Calculation Calculating Cost/SF Multiplier Other Potential Costs (later) •Land Acquisition •Transition Costs •LOPD Evidence Storage •Hard Costs ($850-900/sf) •Cost/SF Range of Comparable Projects •Soft Costs ($255-270/sf) •As percentage of hard costs (30%) •Escalation (5%) •Average annual range 9/21 Variables 1.Find: Soft Costs $255-270/sf Hard Costs * Soft Cost Multiplier $850-900/sf * 30% 2.Find: Total Cost/SF $1,105-1,170/sf Hard Costs + Soft Costs $850-900/sf + $255-270/sf 3.Find: Adjusted for Time Total Cost/SF * Escalation (’26)*Escalation (‘27) $1,105-1,170/sf * 5% * 5% $1,218 -$1,290/sf Calculation Calculating Cost/SF Multiplier Other Potential Costs (later) •Land Acquisition •Transition Costs •LOPD Evidence Storage •Total Cost/SF in 2027: $1,218 -$1,290/sf •Square Footage Estimate: Updated •Draft Two 10/21 Base Cost Estimate Other Potential Costs (later) •Land Acquisition •Transition Costs •LOPD Evidence Storage 11/21 Square Footage Estimate –Second Draft Min Max Apparatus Bay subtotal:5,772 6,542 5,082 Living Area subtotal:4,798 6,121 Public Area subtotal:1,515 1,588 Total:12,084 14,252 11,394 •Total Cost/SF in 2027: $1,218 -$1,290/sf •Square Footage Estimate: 12,084 –14,252sf •Draft Two $14.7M -$18.4M 12/21 Base Cost Estimate Other Potential Costs (next) •Land Acquisition •Transition Costs •LOPD Evidence Storage •Land Acquisition •$1M •Transition Costs •$250k –$1.25M •LOPD Evidence Storage •$500k 13/21 Other Potential Costs •Total Cost/SF in 2027: $1,218 -$1,290/sf •Square Footage Estimate: 12,084 –14,252sf •Draft Two $14.7M -$18.4M 14/21 Cost Estimate Summary Other Potential Costs •Land Acquisition ($1M) •Transition Costs ($250k -$1.25M) •LOPD Evidence Storage ($500k) Project Options 15/21 •Living Space •Individual bunks •Room for upstaffing, service expansion •Single-occupant bathrooms •BC Quarters + Office •Lieutenant Office •Group Office •Kitching + Dining Room •Day Room •Fitness Space •Laundry Room •Storage •Electrical/Mechanical 16/21 Review of Facility Needs (that drive square footage) •Apparatus Bay •Double-depth apparatus bays •Pressure -negative decontamination room •EMS storage •Equipment shop •Storage •Community •Multi-purpose room for meetings, classes, and LOFD training 17/21 Project Options Option One –20yr Fire Station Size: 12,084sf Base Cost: $14.7M-$15.6M Additional Costs: •$250k-$1.25M transition costs Option Two –30yr Fire Station Size: 13,684sf Base Cost: $16.7M-$17.7M Additional Costs: •$250k-$1.25M transition costs Option Three –50yr Fire Station Size: 14,252 square feet Base Cost: $17.4M-$18.4M Additional Costs: •$250k-$1.25M transition costs •$1M land acquisition •$500k LOPD evidence storage 18/21 Option One –20yr Fire Station Size: 12,084sf Base Cost: $14.7M-$15.6M Additional Costs: •$250k-$1.25M transition costs •Addresses all facility deficiencies and projected needs •“Minimum responsible facility” •Designed for current service level •No room for upstaffing or service expansion •Fits on current site (35,000sf) •One story •Three double bays •Four dorms •Multi-purpose room 19/21 Option Two –30yr Fire Station Size: 13,684sf Base Cost: $16.7M-$17.7M Additional Costs: •$250k-$1.25M transition costs •Addresses all facility deficiencies and projected needs •“Best facility on existing site” •Designed to enable upstaffing in disasters and moderate service expansion •Fits on current site (35,000sf) •Two stories •Three -and-a-half double bays •Six dorms •Multi-purpose room 20/21 Option Three –50yr Fire Station Size: 14,252sf Base Cost: $17.4M-$18.4M Additional Costs: •$250k-$1.25M transition costs •$1M land acquisition •$500k LOPD evidence storage •Addresses additional LOFD & LOPD needs •On-site equipment decon •Backup fuel station •Training elements •LOPD evidence storage •Addresses all facility deficiencies and projected needs •“Best possible facility” •Designed to enable maximum disaster upstaffing, service expansion, and support of partner agencies (LOPD, AMR, TVF&R) •Current site + neighboring lot (50,000sf) •One story •Three-and-a-half double bays •Eight dorms •Multipurpose room 21/21 Project Options Option One –20yr Fire Station Size: 12,084sf Base Cost: $14.7M-$15.6M Additional Costs: •$250k-$1.25M transition costs •“Minimum responsible facility” •Designed for current service level •Current site (35,000sf) •One story •Three double bays •Four dorms Option Two –30yr Fire Station Size: 13,684sf Base Cost: $16.7M-$17.7M Additional Costs: •$250k-$1.25M transition costs •“Best facility on existing site” •Designed to enable upstaffing in disasters and moderate service expansion •Current site (35,000sf) •Two stories •Three-and-a-half double bays •Six dorms Option Three –50yr Fire Station Size: 14,252 square feet Base Cost: $17.4M-$18.4M Additional Costs: •$250k-$1.25M transition costs •$1M land acquisition •$500k LOPD evidence storage •“Best possible facility” •Designed to enable maximum disaster upstaffing, service expansion, and regional leadership •Addresses additional LOFD & LOPD needs (decon, backup fuel, training, evidence storage) •Current site + neighboring lot (50,000sf) •One story •Three-and-a-half double bays •Eight dorms