Buildings Magazine - April 2016

FM COST TRENDS
Comparative Building Costs
Mixed-Use Redevelopments
208,056-Square-Foot
Redevelopment

This mixed-use redevelopment project in Hartford, CT, encompasses one-half of a city block and includes a parking structure, townhouses, high-rise apartments and street-level retail and dining spaces. Years of abandonment and water damage had destroyed the interior finishes but the basic structure and exterior ornamental finishes were able to be restored.

A 300-car below grade garage was built with a precast filigree system under the former department store. The parking structure supports the concrete deck for the townhouses built at the site, which are served by rooftop packaged HVAC units while apartments have a valance system combined with an outdoor makeup unit and a heat recovery wheel.

DIVISION
SQ. FT.
COST
ADJUSTED
COST*

Procurement

& Requirements 1.23 2.56 127,858

General 17.76 36.85 1,838,394 Concrete 6.64 13.78 687,546 Masonry 9.54 19. 8 987,771 Metals 10.09 20.93 1,044,343

Wood, Plastics, Composites 1.34 2.78 138,537

Thermal & Moisture Protection 3.83 7.96 397,011

Openings 12.56 26.07 1,300,852 Finishes 13. 12 27. 22 1,358,137

Specialties 0.22 0.46 22,890 Equipment 1.18 2.44 121,953 Furnishings 1.64 3. 41 169,937

Conveying Systems 2.46 5. 10 254,511 Fire Suppression 2.33 4.83 240,856 Plumbing 4.81 9.97 497,566

HVAC 4. 41 9. 16 456,919 Electrical 6.84 14. 20 708,292

TOTAL $207.52 $10,353,373
49,890-Square-Foot
Redevelopment
This five-story project
in Washington, DC,
contains 12 assisted living
units, 20 apartments and
common spaces around a
landscaped courtyard. Re-
tail space is incorporated
at street level. Floor sizes
range from 9,885 square feet to 10,230 square feet. The building
has one elevator.

The assisted living units are located on the first and second floors. They have views to the courtyard and private patios. The units have small kitchens but residents can also take meals in a full kitchen and common area on the second floor. Floors three through five consist of apartments ranging in size from studios to three-bedroom units. The apartments have floor-to-ceiling windows and views of the courtyard and city. B

*Actual building costs have been adjusted to reflect materials prices as of January 2016 SOURCE: DESIGN COS T DATA, BNI For more facilities cost data, visit the BUILDINGS bookstore at www.bnibuildings.com.