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�l.A-�� <br /> _ TABLE, <br /> ESTMATED DEVELOPMENT COST <br /> DOWNTOWN RETAIUCINEMA PROJECT <br /> REDEVELOPMENT AGENCY OF THE CITV OF REDWOOD CITY � <br /> ToLls , <br /> I. Sita Im rov�manb <br /> de mprovements owanee E800,000 <br /> � II. Parkin <br /> ar nnp n- �b Parkinp provided in Ciry-owned 9arege <br /> Parking Ofl-Stte � <br /> Tolal Parkinp <br /> III. Diree! Cosls Rentabla Aree Shell and TI's � <br /> ea�ar owan�f ce $7,500,000 <br /> Shops 84,800 SF 5105.00 8,904 000 <br /> Total Direel Costs , , <br /> IV. Indireet Cosb <br /> re eve opment osts 5450,000 <br /> ArchiteMUre & Professional Fees 8.5% of Directs end Skes 1,450,000 <br /> Legal/EIR Study 250,000 <br /> � � LegaVCondemnationliteloc. 250.000 <br /> Leasing Commissions � 678,000 <br /> Century Leesing Commission 183,000 <br /> Taxes 75.000 � <br /> Insurance. Bonds, Fees, Pertnits 990,000 <br /> General AdminisVative 700,000 <br /> Contingency . 500000 <br /> Total Indirect costs � , , <br /> V. Finaneing Costs <br /> Loan Fees 2.0% $22,785.000 $458,000 � <br /> -- Equity Fee 7.5% $9.765,000 30.0% 146,000 <br /> Interes[ 8.0% $22.785.000 70.0% 18 months 1.914,000 <br /> Total Financing Costs $32,550,000 , , <br /> V�. ITotal Proiect Costs Before Land 325,046,000 <br /> PREPARED Bv�. KEYSE0. MARSTON ASSOCIATES, INC. <br /> FI�ENAME: iB61�.001\Retail Gnema Proloima 11-25-021.x1a: Costa; H252002; t:U PM; RM ntl WCM. <br />