View Single Post
Old Posted Sep 13, 2016, 8:45 PM
Atlanta3000's Avatar
Atlanta3000 Atlanta3000 is offline
Urban Cowboy
Join Date: Nov 2013
Location: Buckhead
Posts: 2,729
Originally Posted by testarossa50 View Post
Anything under $200/SF for a single story office building in the burbs is quite optimistic. My most recent low bid came back at $210/SF, in Jacksonville. And our management fees are on top of that.

I imagine it's not any cheaper to build a big skyscraper in Midtown Atlanta. And is there a parking garage component to the project that isn't included in the square footage?
If we use $250/SF that would only be $62,500,000. Still less than half the projected cost. Even considering the interior build out and parking garage cost this number seems very inflated.

I hope the State of GA is not giving them tax breaks based on the estimated cost of the investment, but real cost.
Imma need that Costco card.

Last edited by Atlanta3000; Sep 13, 2016 at 9:34 PM.
Reply With Quote