3. Should university management decide to build a new stadium or adapt/reuse the current baseball stadium?
What are the total and relevant costs associated with an adaptive reuse vs. building a new stadium?
Based on the costs as well as other pros and cons from the perspective of the various stakeholders, recommend the best course of action.
4. Using cost-volume-profits analysis, how many tickets must the university sell to break even on operating costs?
5. Required Please include detailed excel worksheets showing the total cost calculations for each option and a summary schedule comparing both options. Here is the template for the summary schedule:
having a uniform and helmet decal to recruiting players and building a practice facility. We were truly starting from scratch. After the way we finished last year, I think we're right where we should be from a competitive standpoint." They were in it for the long game. Building a successful football program takes years; it is, after all, a game of endurance. The parking lots surrounding Turner Field have a rich history as the site of the former Atlanta Fulton County Stadium where major league baseball (MLB) Hall-of-Famer Hank Aaron surpassed Babe Ruth's 714 career-home-run record. To honor the legacy and history of Hank Aaron, GSU management determined that a new baseball park with 1,000 seats would be built on this location. THE 2017 SEASON: NEED FOR A FOOTBALL STADIUM FOOTBALL STADIUM OPTIONS: BUILD NEW OR ADAPTIVE REUSE OF A BASEBALL FIELD? The architects performed a design charrette (a brainstorming process used by architects with key stakeholders to explore ideas and develop solutions) to determine the best options that would allow GSU to accomplish its objectives of obtaining a football stadium, a baseball park, and parking for its commuter students. Two options were presented to university management: (1) An adaptive reuse of Turner Field into a football stadium or (2) build a new football stadium. Preparations for the 2017 season were going as planned. The Georgia Dome was home to the GSU Panthers on Saturdays and home to the National Football League (NFL) Atlanta Falcons on Sundays. Then the unexpected happened. On January 22, 2017, the Falcons played their last home game at the Georgia Dome, winning the National Football Conference (NFC) championship before heading to Super Bowl LI. The Falcons announced their move to the new Mercedes-Benz Stadium for the 2017 season, with the Georgia Dome slated for demolition. Thus, GSU needed a new home for its football program. Around the same time, another Atlanta major league team, the Atlanta Braves, was also on the move, relocating the baseball team from Turner Field to the new Sun Trust park in Northwest Atlanta. 'Turner Field has a long and illustrious history in Atlanta, notably as the home of the 1996 Centennial Summer Olympics. The parking lots of Turner Field have also been the home of GSU's commuter parking since 1996. The university has leased 1,700 parking spaces at Turner Field, located a mile away from the campus to provide an inexpensive and convenient parking alternative for students. More than 6,000 students per week use the Turner Field parking lots, and they have long been an integral part of the university's parking plan. Thus, GSU needed new parking lots for its students, too. Option I: Adaptive Reuse of Turner Field Turner Field, while a baseball stadium, started as the Olympic Stadium for the 1996 Centennial Summer Olympics. It has several critical elements that lend themselves to a football stadium, including repurposing the existing scoreboard and ribbon boards, 63 luxury suites, press boxes, concession stands, special event space, and more than 40,000 seats. With this option, the football field will have a north-south orientation to take advantage of the sun angles and sight lines. But several adjustments would be necessary to transform a baseball stadium to a football stadium, including: ACQUISITION OF TURNER FIELD To resolve its two primary concerns-football and parking facilities management at GSU, along with a private developer, acquired Turner Field and surrounding parking lots for $30 million in January 2017. The mission was to find a new home for the GSU Panthers. Additionally, the parking lots would be used for a baseball park and parking decks for students. The university commissioned Heery International, Inc., an architectural, design, and construction firm headquartered in Atlanta, to develop options for a football stadium, baseball park, and on-site parking at the 68-acre development site. 1. A new synthetic turf field, sized for NCAA football standards, including 20 feet of player safety runoff space at the end zones, with goal posts, nets, and drainage, would need to be installed. 2. To achieve the runoff space, the dugout in the south end zone and 15 rows of outfield seating would need to be demolished and removed. 3. New football operations facility in accordance with Sun Belt standards within the existing building structure, including locker rooms, lounge, toilets, showers, equipment, training, and adjacent strength and conditioning facilities would need to be built. 4. New and existing field lights positioned for the new field dimensions would need to be implemented. 5. Seat adjustments would need to be oriented to the 50- yard line. COST ESTIMATES 6. An "east plaza" to produce a football bowl within the larger stadium would need to be added. 7. A reconfigured seating capacity of 34,900 would need to be consistent with other Sun Belt stadiums, Cost estimates by Heery International were developed using rough order of magnitude (ROM), based on the firm's expertise on similar projects and using construction data published for the city of Atlanta Tables 1 and 2 provide cost estimates under the two options. This option preserves the iconic image and rich history of Turner Field/Atlanta Olympic Stadium (see Exhibits 1 and 2). BASEBALL PARK Option Il: Build a New Stadium The second option is to build a new football stadium on the northern part of the 68-acre site. Under this option, the football field would have an east-west orientation. While not preferable, many major college football stadiums, including Clemson's Memorial Stadium, have this orientation. With this scenario, Turner Field would be demolished and converted into the parking facility. NCAA Division 1 football bowl subdivision (FBS) rules require an average home attendance of 15,000 per game. Therefore, the design for the new stadium must include seating for the minimum required 15,000 seats with the ability to expand as needed. The 15,000-seat stadium would only contain game-day locker rooms and minimum facilities to keep the cost reasonable. A full 50,000-seat concrete stadium with full facilities would cost more than $250 million, which was too much for consideration by GSU management. The features for the new 15,000-seat football stadium include: GSU management prefers to locate the new baseball park at the site of the former Atlanta Fulton County Stadium (now used for the 1,700 parking spaces) to preserve the historical significance of the 715th home run by Hank Aaron. The baseball park will have 1,000 seats. Whether management builds a new football stadium or adapts Turner Field, the baseball park location is fixed. Total estimated cost is $6.44 million (see Table 3). PARKING The location of the baseball park on the iconic site will displace the current 1,700 parking spaces, GSU management has two options to locate the new parking (1) at the north end if Turner Field is adapted or (2) the Turner Field site if a new football stadium is constructed. In either case, the costs are substantially the same at $16.5 million (see Table 4). OPERATING REVENUE AND COST 1. A sunken bowl stadium that requires additional excavation but simplifies construction, 2. Lower seating for 15,000 on a sloped grade, with future build-out on the upper deck to 40,000 seats. 3. New artificial turf field sized for NCAA requirements. 4. New two-story football operations team facility in the west end zone. 5. Field level will include a game-day football team suite (including locker room, lounge, toilets, and showers) adjacent to the equipment, training, and strength and conditioning rooms. 6. Sideline seating curved to direct attention to the center of the field and bring the spectator as close to the field as possible. 7. New gates at the comer of the stadium. 8. Rooms for press, coaches, club, and four suites in the club level. GSU charges all students a mandatory student fee for athletics, which allows students to attend all sporting events free of charge. Management estimates an average attendance of 16,000 students per game. The university also sells tickets at $25 per game to faculty, staff, alumni, and the general public. The operating costs for the stadium are typically incurred in two categories; some costs will be incurred on an ongoing basis at the stadium regardless of the number of games played at the stadium. They include utilities ($12,000 per month), maintenance and operations ($22,000 per month), security ($10,000 per month), and technology ($7,500). The monthly operating cost is $51,500. In addition to the monthly operating costs, management expects to incur costs per game (see Table 5). The total cost per game is $16,180. The GSU Panthers will play six home games and six away games during the football season. See Exhibits 3 and 4 for location of football stadium, baseball, and parking, L " Cell Styles E7A x v fx 1 Summary of Total Costs Repurpose Build New 3 FOOTBALL STADIUM 4. Construction cost: 5 Team Function 6 Football Stadium 7 East Plaza Building 8 Demolition 9 Contingency 10 Total Construction 11 BASEBALL PARK 12 1,700 PARKING SPACES 13 TOTAL ATHLETIC STADIUM CONSTRUCTION COST 14 15 Table 1. Cost Estimates for Repurposing Turner Field REPURPOSE TURNER FIELD Revenue seats av attend of: ticket price 34900 16000 25 they've already paid via their student fees $ TEAM FUNCTON Locker Suite Coaches Locker Suite Staff Locker Suite Strength and Conditioning Training Equipment Football Staff Offices Video - Coaches Visiting Locker Room Team Meeting Auditorium Multi-sport Locker Room SQUARE FEET $ COST/SQ. FT 11310 $1751 1,140 $150 1,430 $130 9,830 $100 7,020 $1501 5,440 $120 8,680 $150 860 $150 4,450 $140 5,050 $140 3,200 $225 5,200 $150 Total $1,979,250 $171,000 $185,900 $983,000 $1,053,000 $652,800 $1,302,000 $129,000 $623,000 $707,000 $720,000 $780,000 Op Costs utilities $ maint $ security $ tech $ monthly op costs 12,000 22,000 10,000 7,500 $ 51,500 Per game costs $ 16,180 Break even on op costs = op costs/tick 2060 88,000 5,200 5,000 48,000 3,800 40,000 FOOTBALL STADIUM Field (Turf, Posts, Nets, Drainage) Lower Seats Seat Directional Adjustment New Plaza (East) Womens Restroom Additions Upper Deck Cover Field Lights (new LED) Sound Adjustments Cabling and Equipment Branding (Demo and New) Press Modifications Allowance Mechanical Controls Upgrade Mechanical Upgrades/Modernize $23 $525 $50 $125 $2751 $10 $800,000 $300,000 $200,000 $1,000,000 $250,000 $1,000,000 $1,000,000 $2,024,000 $2,730,000 $250,000 $6,000,000 $1,045,000 $400,000 $800,000 $300,000 $200,000 $1,000,000 $250,000 $1,000,000 $1,000,000 EAST PLAZA BUILDING Coaches/Press Concession Mens Restroom 2000 300 5001 $300 $300 $300 $600,000 $90,000 $150,000 DEMOLITION Lower Seating at Field Service Level Interior 49450 64840 $20 $8 $989,000 $518,720 $28,632,670 Total Cost Design and Construction Contingencies a 30% Cost of Baseball Park Cost of Parking Lot $ 6,446,606 $ 16,450,668 Table 2. Cost Estimates to Build a New Stadium BUILD NEW STADIUM Revenue seats av attend of ticket price 15000 16000 * they've already paid via their student fees 25 $ TEAM FUNCTON Locker Suite Coaches Locker Suite Staff Locker Suite Strength and Conditioning Training Equipment Football Staff Offices Video - Coaches Visiting Locker Room Team Meeting Auditorium SQUARE FEET S COST/SQ. FT 13,570 $250.00 1,360 $230.00 1,720 $200.00 11,790 $175.00 8,420 $220.00 6,530 $200.00 10,420 $230.00 1,030 $230.00 5,350 $220.00 6,700 $230.00 3,200 $330.00 Total $3,392,500.00 $312,800.00 $344,000.00 $2,063,250.00 $1,852,400.00 $1,306,000.00 $2,396,600.00 $236,900.00 $1,177,000.00 $1,541,000.00 $1,056,000.00 Op Costs utilities maint security tech $ 12,000 $ 22,000 $ 10,000 $ 7,500 $ 51,500 Per game costs $ 16,180 FOOTBALL STADIUM Field (Turf, Posts, Nets, Drainage) Lower Seats Lower Seats (Chairs) Plaza/Entries (5/Fence Press VIP Ticketing Restrooms Concessions Concourse Field Lights (new LED) Sound Cabling and Equipment Branding Scoreboard (No video) 88,000 13,000 2,000 50,000 4,800 5,280 800 10,000 6,000 45,000 $23.00 $2,024,000.00 $425.00 $5,525,000.00 $625.00 $1,250,000.00 $50.00 $2,500,000.00 $280.00 $1,344,000.00 $300.00 $1,584,000.00 $200.00 $160,000.00 $275.00 $2,750,000.00 $240.00 $1.440,000.00 $65.00 $2,925,000.00 $800,000 | $800,000 $600,000 $600,000 $400,000 $400,000 $600,000 $600,000 $400,000 $400,000 Irrelevant Costs (not included in total) Parking Monthly Operating Costs $ $ 16,500,000 51,500 Total Cost Design and Construction Contingencies @ 30% Cost of Baseball Park Cost of Parking Lot $ 6,446,606 $16,450,668 Table 5. Costs Incurred Per Game Number of Personnel Time Needed Cost Game Day Ushers/Ticket Takers 6 hours per game $16 per hour Police, Stadium and Traffic Control 6 hours per game $30 overtime rate for 6 games 4. $150 per game Videographers Sound System/Jumbrotron Operators Per game Per game Per game $200 per game Officials 6 $350 per game Elevator Contractor (Standby) Per game $1,250 per game Custodians 6 hours per game $25 overtime rate Maintenance Personnel 5 6 hours per game $40 overtime rate Table 4. Cost Estimates for Parking Lot PARKING Cost # of spaces SF 700] $ 25600] $ 2400 $ 1000| $ SE # of spaces Precast structure with foundations, lighting, controls, security, sprinklers Faade Treatment Bus Canopy surface lot with lighting and drainage Subtotal Sitework/utilities @8% Subtotal Design and construction contingency @30% Total construction 12,470 | $ 8,729,000 30 $ 768,000 50 $ 120,000 2,100 $ 2,100,000 $ 11,717,000 $ 937,360 $ 12,654,360 $ 3,796,308 $ 16,450,668 Table 3: Cost Estimates for the Baseball Park $/sf Cost BASEBALL PARK sq. ft Field - Turf, drainage, infield, warning tack, padded fence, batters eye Lower seats - benches Dugouts Bullpens Field Equipment Plaza/entries/fence Press VIP/Terrace Ticketing Toilets Concessions Concourse I Field lights (New LED) Sound Scoreboard (no video) Branding Subtotal Sitework/utilities @8% Subtotal Design and construction contingency @30% 95000 $ 1000 $ 1800 $ 1920 $ 600 $ 1500 $ 650 $ 350 $ 160 $ 1601 $ 600 $ 440 $ 2000 $ 20 $ 1,900,000 425 $ 425,000 80$ 144,000 25 $ 48,000 50$ 30,000 50 $ 75,000 280 $ 182,000 300 $ 105,000 200$ 32,000 275$ 165,000 240 $ 105,600 65 $ 130,000 $ 800,000 $ 200,000 $ 150,000 $ 100,000 $ 4,591,600 $ 367,328 $ 4,958,928 $ 1,487,678 Total construction $ 6,446,606 having a uniform and helmet decal to recruiting players and building a practice facility. We were truly starting from scratch. After the way we finished last year, I think we're right where we should be from a competitive standpoint." They were in it for the long game. Building a successful football program takes years; it is, after all, a game of endurance. The parking lots surrounding Turner Field have a rich history as the site of the former Atlanta Fulton County Stadium where major league baseball (MLB) Hall-of-Famer Hank Aaron surpassed Babe Ruth's 714 career-home-run record. To honor the legacy and history of Hank Aaron, GSU management determined that a new baseball park with 1,000 seats would be built on this location. THE 2017 SEASON: NEED FOR A FOOTBALL STADIUM FOOTBALL STADIUM OPTIONS: BUILD NEW OR ADAPTIVE REUSE OF A BASEBALL FIELD? The architects performed a design charrette (a brainstorming process used by architects with key stakeholders to explore ideas and develop solutions) to determine the best options that would allow GSU to accomplish its objectives of obtaining a football stadium, a baseball park, and parking for its commuter students. Two options were presented to university management: (1) An adaptive reuse of Turner Field into a football stadium or (2) build a new football stadium. Preparations for the 2017 season were going as planned. The Georgia Dome was home to the GSU Panthers on Saturdays and home to the National Football League (NFL) Atlanta Falcons on Sundays. Then the unexpected happened. On January 22, 2017, the Falcons played their last home game at the Georgia Dome, winning the National Football Conference (NFC) championship before heading to Super Bowl LI. The Falcons announced their move to the new Mercedes-Benz Stadium for the 2017 season, with the Georgia Dome slated for demolition. Thus, GSU needed a new home for its football program. Around the same time, another Atlanta major league team, the Atlanta Braves, was also on the move, relocating the baseball team from Turner Field to the new Sun Trust park in Northwest Atlanta. 'Turner Field has a long and illustrious history in Atlanta, notably as the home of the 1996 Centennial Summer Olympics. The parking lots of Turner Field have also been the home of GSU's commuter parking since 1996. The university has leased 1,700 parking spaces at Turner Field, located a mile away from the campus to provide an inexpensive and convenient parking alternative for students. More than 6,000 students per week use the Turner Field parking lots, and they have long been an integral part of the university's parking plan. Thus, GSU needed new parking lots for its students, too. Option I: Adaptive Reuse of Turner Field Turner Field, while a baseball stadium, started as the Olympic Stadium for the 1996 Centennial Summer Olympics. It has several critical elements that lend themselves to a football stadium, including repurposing the existing scoreboard and ribbon boards, 63 luxury suites, press boxes, concession stands, special event space, and more than 40,000 seats. With this option, the football field will have a north-south orientation to take advantage of the sun angles and sight lines. But several adjustments would be necessary to transform a baseball stadium to a football stadium, including: ACQUISITION OF TURNER FIELD To resolve its two primary concerns-football and parking facilities management at GSU, along with a private developer, acquired Turner Field and surrounding parking lots for $30 million in January 2017. The mission was to find a new home for the GSU Panthers. Additionally, the parking lots would be used for a baseball park and parking decks for students. The university commissioned Heery International, Inc., an architectural, design, and construction firm headquartered in Atlanta, to develop options for a football stadium, baseball park, and on-site parking at the 68-acre development site. 1. A new synthetic turf field, sized for NCAA football standards, including 20 feet of player safety runoff space at the end zones, with goal posts, nets, and drainage, would need to be installed. 2. To achieve the runoff space, the dugout in the south end zone and 15 rows of outfield seating would need to be demolished and removed. 3. New football operations facility in accordance with Sun Belt standards within the existing building structure, including locker rooms, lounge, toilets, showers, equipment, training, and adjacent strength and conditioning facilities would need to be built. 4. New and existing field lights positioned for the new field dimensions would need to be implemented. 5. Seat adjustments would need to be oriented to the 50- yard line. COST ESTIMATES 6. An "east plaza" to produce a football bowl within the larger stadium would need to be added. 7. A reconfigured seating capacity of 34,900 would need to be consistent with other Sun Belt stadiums, Cost estimates by Heery International were developed using rough order of magnitude (ROM), based on the firm's expertise on similar projects and using construction data published for the city of Atlanta Tables 1 and 2 provide cost estimates under the two options. This option preserves the iconic image and rich history of Turner Field/Atlanta Olympic Stadium (see Exhibits 1 and 2). BASEBALL PARK Option Il: Build a New Stadium The second option is to build a new football stadium on the northern part of the 68-acre site. Under this option, the football field would have an east-west orientation. While not preferable, many major college football stadiums, including Clemson's Memorial Stadium, have this orientation. With this scenario, Turner Field would be demolished and converted into the parking facility. NCAA Division 1 football bowl subdivision (FBS) rules require an average home attendance of 15,000 per game. Therefore, the design for the new stadium must include seating for the minimum required 15,000 seats with the ability to expand as needed. The 15,000-seat stadium would only contain game-day locker rooms and minimum facilities to keep the cost reasonable. A full 50,000-seat concrete stadium with full facilities would cost more than $250 million, which was too much for consideration by GSU management. The features for the new 15,000-seat football stadium include: GSU management prefers to locate the new baseball park at the site of the former Atlanta Fulton County Stadium (now used for the 1,700 parking spaces) to preserve the historical significance of the 715th home run by Hank Aaron. The baseball park will have 1,000 seats. Whether management builds a new football stadium or adapts Turner Field, the baseball park location is fixed. Total estimated cost is $6.44 million (see Table 3). PARKING The location of the baseball park on the iconic site will displace the current 1,700 parking spaces, GSU management has two options to locate the new parking (1) at the north end if Turner Field is adapted or (2) the Turner Field site if a new football stadium is constructed. In either case, the costs are substantially the same at $16.5 million (see Table 4). OPERATING REVENUE AND COST 1. A sunken bowl stadium that requires additional excavation but simplifies construction, 2. Lower seating for 15,000 on a sloped grade, with future build-out on the upper deck to 40,000 seats. 3. New artificial turf field sized for NCAA requirements. 4. New two-story football operations team facility in the west end zone. 5. Field level will include a game-day football team suite (including locker room, lounge, toilets, and showers) adjacent to the equipment, training, and strength and conditioning rooms. 6. Sideline seating curved to direct attention to the center of the field and bring the spectator as close to the field as possible. 7. New gates at the comer of the stadium. 8. Rooms for press, coaches, club, and four suites in the club level. GSU charges all students a mandatory student fee for athletics, which allows students to attend all sporting events free of charge. Management estimates an average attendance of 16,000 students per game. The university also sells tickets at $25 per game to faculty, staff, alumni, and the general public. The operating costs for the stadium are typically incurred in two categories; some costs will be incurred on an ongoing basis at the stadium regardless of the number of games played at the stadium. They include utilities ($12,000 per month), maintenance and operations ($22,000 per month), security ($10,000 per month), and technology ($7,500). The monthly operating cost is $51,500. In addition to the monthly operating costs, management expects to incur costs per game (see Table 5). The total cost per game is $16,180. The GSU Panthers will play six home games and six away games during the football season. See Exhibits 3 and 4 for location of football stadium, baseball, and parking, L " Cell Styles E7A x v fx 1 Summary of Total Costs Repurpose Build New 3 FOOTBALL STADIUM 4. Construction cost: 5 Team Function 6 Football Stadium 7 East Plaza Building 8 Demolition 9 Contingency 10 Total Construction 11 BASEBALL PARK 12 1,700 PARKING SPACES 13 TOTAL ATHLETIC STADIUM CONSTRUCTION COST 14 15 Table 1. Cost Estimates for Repurposing Turner Field REPURPOSE TURNER FIELD Revenue seats av attend of: ticket price 34900 16000 25 they've already paid via their student fees $ TEAM FUNCTON Locker Suite Coaches Locker Suite Staff Locker Suite Strength and Conditioning Training Equipment Football Staff Offices Video - Coaches Visiting Locker Room Team Meeting Auditorium Multi-sport Locker Room SQUARE FEET $ COST/SQ. FT 11310 $1751 1,140 $150 1,430 $130 9,830 $100 7,020 $1501 5,440 $120 8,680 $150 860 $150 4,450 $140 5,050 $140 3,200 $225 5,200 $150 Total $1,979,250 $171,000 $185,900 $983,000 $1,053,000 $652,800 $1,302,000 $129,000 $623,000 $707,000 $720,000 $780,000 Op Costs utilities $ maint $ security $ tech $ monthly op costs 12,000 22,000 10,000 7,500 $ 51,500 Per game costs $ 16,180 Break even on op costs = op costs/tick 2060 88,000 5,200 5,000 48,000 3,800 40,000 FOOTBALL STADIUM Field (Turf, Posts, Nets, Drainage) Lower Seats Seat Directional Adjustment New Plaza (East) Womens Restroom Additions Upper Deck Cover Field Lights (new LED) Sound Adjustments Cabling and Equipment Branding (Demo and New) Press Modifications Allowance Mechanical Controls Upgrade Mechanical Upgrades/Modernize $23 $525 $50 $125 $2751 $10 $800,000 $300,000 $200,000 $1,000,000 $250,000 $1,000,000 $1,000,000 $2,024,000 $2,730,000 $250,000 $6,000,000 $1,045,000 $400,000 $800,000 $300,000 $200,000 $1,000,000 $250,000 $1,000,000 $1,000,000 EAST PLAZA BUILDING Coaches/Press Concession Mens Restroom 2000 300 5001 $300 $300 $300 $600,000 $90,000 $150,000 DEMOLITION Lower Seating at Field Service Level Interior 49450 64840 $20 $8 $989,000 $518,720 $28,632,670 Total Cost Design and Construction Contingencies a 30% Cost of Baseball Park Cost of Parking Lot $ 6,446,606 $ 16,450,668 Table 2. Cost Estimates to Build a New Stadium BUILD NEW STADIUM Revenue seats av attend of ticket price 15000 16000 * they've already paid via their student fees 25 $ TEAM FUNCTON Locker Suite Coaches Locker Suite Staff Locker Suite Strength and Conditioning Training Equipment Football Staff Offices Video - Coaches Visiting Locker Room Team Meeting Auditorium SQUARE FEET S COST/SQ. FT 13,570 $250.00 1,360 $230.00 1,720 $200.00 11,790 $175.00 8,420 $220.00 6,530 $200.00 10,420 $230.00 1,030 $230.00 5,350 $220.00 6,700 $230.00 3,200 $330.00 Total $3,392,500.00 $312,800.00 $344,000.00 $2,063,250.00 $1,852,400.00 $1,306,000.00 $2,396,600.00 $236,900.00 $1,177,000.00 $1,541,000.00 $1,056,000.00 Op Costs utilities maint security tech $ 12,000 $ 22,000 $ 10,000 $ 7,500 $ 51,500 Per game costs $ 16,180 FOOTBALL STADIUM Field (Turf, Posts, Nets, Drainage) Lower Seats Lower Seats (Chairs) Plaza/Entries (5/Fence Press VIP Ticketing Restrooms Concessions Concourse Field Lights (new LED) Sound Cabling and Equipment Branding Scoreboard (No video) 88,000 13,000 2,000 50,000 4,800 5,280 800 10,000 6,000 45,000 $23.00 $2,024,000.00 $425.00 $5,525,000.00 $625.00 $1,250,000.00 $50.00 $2,500,000.00 $280.00 $1,344,000.00 $300.00 $1,584,000.00 $200.00 $160,000.00 $275.00 $2,750,000.00 $240.00 $1.440,000.00 $65.00 $2,925,000.00 $800,000 | $800,000 $600,000 $600,000 $400,000 $400,000 $600,000 $600,000 $400,000 $400,000 Irrelevant Costs (not included in total) Parking Monthly Operating Costs $ $ 16,500,000 51,500 Total Cost Design and Construction Contingencies @ 30% Cost of Baseball Park Cost of Parking Lot $ 6,446,606 $16,450,668 Table 5. Costs Incurred Per Game Number of Personnel Time Needed Cost Game Day Ushers/Ticket Takers 6 hours per game $16 per hour Police, Stadium and Traffic Control 6 hours per game $30 overtime rate for 6 games 4. $150 per game Videographers Sound System/Jumbrotron Operators Per game Per game Per game $200 per game Officials 6 $350 per game Elevator Contractor (Standby) Per game $1,250 per game Custodians 6 hours per game $25 overtime rate Maintenance Personnel 5 6 hours per game $40 overtime rate Table 4. Cost Estimates for Parking Lot PARKING Cost # of spaces SF 700] $ 25600] $ 2400 $ 1000| $ SE # of spaces Precast structure with foundations, lighting, controls, security, sprinklers Faade Treatment Bus Canopy surface lot with lighting and drainage Subtotal Sitework/utilities @8% Subtotal Design and construction contingency @30% Total construction 12,470 | $ 8,729,000 30 $ 768,000 50 $ 120,000 2,100 $ 2,100,000 $ 11,717,000 $ 937,360 $ 12,654,360 $ 3,796,308 $ 16,450,668 Table 3: Cost Estimates for the Baseball Park $/sf Cost BASEBALL PARK sq. ft Field - Turf, drainage, infield, warning tack, padded fence, batters eye Lower seats - benches Dugouts Bullpens Field Equipment Plaza/entries/fence Press VIP/Terrace Ticketing Toilets Concessions Concourse I Field lights (New LED) Sound Scoreboard (no video) Branding Subtotal Sitework/utilities @8% Subtotal Design and construction contingency @30% 95000 $ 1000 $ 1800 $ 1920 $ 600 $ 1500 $ 650 $ 350 $ 160 $ 1601 $ 600 $ 440 $ 2000 $ 20 $ 1,900,000 425 $ 425,000 80$ 144,000 25 $ 48,000 50$ 30,000 50 $ 75,000 280 $ 182,000 300 $ 105,000 200$ 32,000 275$ 165,000 240 $ 105,600 65 $ 130,000 $ 800,000 $ 200,000 $ 150,000 $ 100,000 $ 4,591,600 $ 367,328 $ 4,958,928 $ 1,487,678 Total construction $ 6,446,606
