DEEP ELLUM DALLAS SERVICE CENTER Financial Pro Forma - Option 2 Assumptions
GROUND LEASE
SITE ACQUISITION
Ground Lease Rent – 2.00% Growth
Land Cost - $159.46/SF Average
Creative Office: $7.13/SF
Creative Office: $150/SF
Office: $4.50/SF - $13.50/SF
Office: $300/SF - $500/SF
Multifamily: $2.80/SF
Multifamily: $80/SF
Retail: $2.75/SF
Retail: $50/SF
Hotel: $3.50/SF
Hotel: $50/SF
Rents – 2.50% Growth w/ 3-Year Stabilization
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
Retail: $35/SF
Retail: $35/SF
Hotel: $215 ADR
Hotel: $185 ADR
Deep Ellum Dallas Service Center | Mini Technical Assistance Panel (mTAP)
65
