DEEP ELLUM DALLAS SERVICE CENTER Financial Pro Forma - Option 1 Assumptions
GROUND LEASE
SITE ACQUISITION
Ground Lease Rent – 2.00% Growth
Land Cost - $135.43/SF Average
Creative Office: $7.88/SF
Creative Office: $150/SF
Office: $7.88/SF
Office: $150/SF
Office Tower: $17.50/SF
Office Tower: $350/SF
Multifamily: $3.00/SF - $3.10/SF
Multifamily: $80/SF
Retail: $3.00/SF
Retail: $50/SF
Hotel: $3.75/SF
Hotel: $50/SF
Rents – 2.50% Growth w/ 3-Year Stabilization
62
Rents – 2.50% Growth w/ 3-Year Stabilization
Creative Office: $35/SF
Creative Office: $35/SF
Office: $37/SF
Office: $37/SF
Multifamily Wrap: $2.10/SF/Month
Multifamily Wrap: $2.10/SF/Month
Multifamily Tower: $2.25/SF/Month
Multifamily Tower: $2.25/SF/Month
Retail: $35/SF
Retail: $35/SF
Hotel: $215 ADR
Hotel: $185 ADR
Urban Land Institute Dallas/Fort Worth
