Laserfiche WebLink
SCHEDULE OF TAKEDOW AND DEVELOPMENT <br />CONSTRUCTION TAKE <br />DESCRIPTION COMPLETION ACREAGE LAND COST DOWN <br />PHASE I <br />35,000 <br />sq.ft. Lowrise Office x:1/77 to 7/77 <br />120,000 <br />sq.ft. Highrise Office <br />1/78 <br />3.0 <br />Ac. <br />$120,000.00 <br />$ 65,000. <br />5,000 <br />sq.ft. Lowrise Misc. <br />7/77 <br />1/1/76 <br />WO <br />Car 3 level parking <br />$ 55,000. <br />(Alt. <br />1 Level 3 Ac) <br />7/1/76 <br />PHASE II <br />35,000 <br />sq.ft. Lowrise Office <br />7/78 to 1/79 <br />120,000 <br />sq.ft. Highrise Office <br />1/79 <br />3.0 <br />Ac. <br />$120,000.00 <br />7/1/77 <br />5,000 <br />sq.ft. Lowrise Misc. <br />1/79 <br />La <br />0 Car 3 Level Parking <br />(Alt. <br />1 Level 3 Ac.) <br />15.,0 ()0 <br />sq.ft. Restaurant <br />7/77 <br />0.5 <br />Ac. <br />$ 30,000.00 <br />7/1/76 <br />PHASE III <br />20,000 <br />sq.ft. Recreation Club <br />7/78 <br />1.5 <br />Ac. <br />$ 60,000.00 <br />— 1/1/77 <br />PHASE IV <br />3 - 140 <br />H.U. Highrise Apts. <br />7/78 <br />$100,000. <br />1 - <br />30 H.U. Lowrise Apts. <br />5.0 <br />Ac. <br />$200,000.00 <br />1/1/77 <br />00 Car 1 Level Parking <br />$100,000. <br />PHASE V <br />35,000 <br />sq.ft. Lowrise Office <br />120,000 <br />sq.ft. Highrise Office <br />1/81 <br />5,0 <br />O.sq.ft. Lowrise Misc. <br />3.0 <br />Ac. <br />$125,000.00 <br />1/1/79 <br />. <br />400 <br />Car 3 Level Parking <br />Alt. 1 Level 3 Ac.) <br />TOTAL 5 years <br />16.0 <br />Ac. <br />$655,000.00 <br />SUMMARY: <br />NOTE: <br />(16.38 Actual <br />Site) <br />480,0 0 sq.ft. Office/Misc. <br />15,000 sq.ft. Restaurant <br />20,000 sq.ft. Recreation Club <br />200,000 sq.ft. Apartments <br />71 , 0 sq.ft. Building 713,512 sq.ft. F.A.R. = 1 <br />SSPF's research, at this time, indicates a definite need for Phase I <br />and possible for Phase II and III, while Phases IV and V need further <br />indication of the depth and timing of their market. <br />* Assime Contract signing with redevelopment authority. <br />Pag 4 of 5 <br />