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Old Posted Sep 13, 2016, 8:45 PM
Atlanta3000 Atlanta3000 is offline
Join Date: Nov 2013
Location: Buckhead
Posts: 2,765
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.

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