Preliminary Cost Estimate
Development Components
Square Feet (SF)
Development Cost ($/SF)
Total Development Cost
Core & Shell
150,000
$450.00
$67,500,000
FitFit-Out Costs Visitor Experience Public Facing Back of House
50,000 30,000 70,000
$750.00 $200.00 $350.00
$37,500,000 $6,000,000 $24,500,000
10%
$13,550,000
Total Hard Costs
$149,050,000
$100.00 10% 15% 10%
$5,000,000 $14,905,000 $22,357,500 $14,782,500
29%
$43,782,0500
Total Soft Costs
$100,950,000
Total Capital Capital Cost
$250,000,000 $250,000,000
Contingency – Hard Cost
Soft Costs Exhibit Design Fees Architect & Engineering Fees Project Management Fees Escalation Contingency – Preopening Expenses
50,000