Land purchase price $150 / buildable sf (assume building built to max) Allowable building size FAR 3.0 Number of units 40 apt (approx. 750 interior sf each) Construction cost for total sf of the building $250 / sf of the building (the $250 has already been increased to include any cost for outdoor work and parking lot) All project associated soft costs (including carry) $100 / sf for total building square footage Zoning open-space requirements: total set-backs, greenery, sidewalks 1,000 sf Parking lot 3,000 sf Answer the following. Show all work. 5 points for each part a-d. (a) What would be the maximum size (in sf) of the foot-print of the building? (b) What would be the maximum size (in sf) of the building? (c) What is the projected loss factor (as a % of total sf)? (related to the apartment building only, not parking space) (d) What is the expected total cost of the project including land, construction and soft costs