Calculate the replacement cost for a Class A central city office building: Including the ground floor, there are 30 floors above grade, and each is 105 by 200. The direct cost of construction is $310.00/SF (square foot), but this must be adjusted upward by 15% as a local cost multiplier.

There are 3 stories of underground parking, at 21,000 SF each. The direct cost of construction for the parking garage is $72.00/SF, but this must be adjusted upward by 15% as a local cost multiplier.

Add 12% to account for indirect costs. Add 20% to the total direct + indirect costs to account for entrepreneurial incentive.

1A. What are the total direct costs of construction?

1B. What are the total indirect costs?

1C. How much is allocated for entrepreneurial incentive?

1D. What is the total replacement cost, including direct, indirect, and entrepreneurial incentive?

1E. Site acquisition were as follows: 25,000 SF of site area times $350/SF. What is the total cost of the project including land?