Question
Q3. (50%) Perform a conceptual estimate for a 355,000 sf office building to be constructed in Kansas City, MO. The building will be completed in
Q3. (50%) Perform a conceptual estimate for a 355,000 sf office building to be constructed in Kansas City, MO. The building will be completed in September 2023. As a comparable you have identified a building with the following characteristics: Size: 305,210 sf Location: Denver, CO Completion Date: June 2001 Cost: $36,679,378 Using the following indices for key parameters, adjust for size, time, and location to find the conceptual estimate cost for the new building to be built in Kansas City, MO. Time Factors: Cost Index Denver June 2001 = 3572 Cost Index Denver April 2018 = 5954.16 Escalation rate at 5% per year Location Factors: Page 446, RSMeans Cost Data, Student Edition O
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