HomeMy WebLinkAboutCRA-R-24-0069 Build Cost EstimatesMiami Food Court Cost Estimates
Occupancy Area (SF)
4,658.40 la]
2023
Average Tenant Composition and Buildout Costs per SF - Food Service
Neighborhood Centers (closest category to subject property)
2016
Low Range (low)
Cost/SF
$49.00
[m]
Low Range (low)
Cost/SF
$70.00
[n]
Low Range (high)
Cost/SF
$69.00
[m]
Low Range (high)
Cost/SF
$98.00
[n]
Average Range (low)
Cost/SF
$75.00
[m]
Average Range (low)
Cost/SF
$107.00
[n]
Average Range (high)
Cost/SF
$91.00
[m]
Average Range (high)
Cost/SF
$130.00
[n]
High Range (low)
Cost/SF
$97.00
[m]
High Range (low)
Cost/SF
$138.00
[n]
High Range (high)
Cost/SF
$115.00
[re]
High Range (high)
Cost/SF
$164.00
[n]
Sprinklers (Average)
Cost/SF
$3.75
[i]
Sprinklers (Average)
Cost/SF
$5.30
[j]
Sprinklers (Excellent)
Cost/SF
$5.15
[i]
Sprinklers (Excellent)
Cost/SF
$7.35
[j]
Finish Out Cost
Finish Out Cost
Low Range (low)
Cost/SF
$52.75
[re]
$245,731
Low Range (low)
Cost/SF
$75.30
[n]
$350,778
Low Range (high)
Cost/SF
$74.15
[m]
$345,420
Low Range (high)
Cost/SF
$105.35
[n]
$490,762
Average Range (low)
Cost/SF
$78.75
[re]
$366,849
Average Range (low)
Cost/SF
$112.30
[n]
$523,138
Average Range (high)
Cost/SF
$96.15
[m]
$4.47,905
Average Range (high)
Cost/SF
$137.35
[n]
$639,831
High Range (low)
Cost/SF
$100.75
[m]
$469,334
High Range (low)
Cost/SF
$143.30
[n]
$667,549
High Range (high)
Cost/SF
$120.15
[m]
$559,707
High Range (high)
Cost/SF
$171.35
[n]
$798,217
Current Cost Multiplier
1.05 [c]
Current Cost Multiplier
1.08 [g]
Local Multiplier
0.96 [d]
Local Multiplier
0.96 [h]
Total Finish Out Cost
Total Finish Out Cost
Low Range (low)
$247,696
Low Range (low)
$353,584
Low Range (high)
$348,184
Low Range (high)
$494,689
Average Range (low)
$369,784
Average Range (low)
$527,323
Average Range (high)
$451,488
Average Range (high)
$64.4,950
High Range (low)
$473,088
High Range (low)
$672,889
High Range (high)
$564,184
High Range (high)
$804,603
Restaurant Equipment and Furniture
[e]
$680,313
Restaurant Equipment and Furniture
[e]
$680,313
Total Estimated Costs
Total Estimated Costs
Low Range (low)
$928,009
Low Range (low)
$1,033,897
Low Range (high)
$1,028,497
Low Range (high)
$1,175,001
Average Range (low)
$1,050,097
Average Range (low)
$1,207,636
Average Range (high)
$1,131,801
Average Range (high)
$1,325,263
High Range (low)
$1,153,401
High Range (low)
$1,353,202
High Range (high)
$1,244,497
High Range (high)
$1,484,915
WHAT THE COSTS CONTAIN:
(1) In the Calculator Section, the actual costs used are final costs to the owner and will include
average architects' and engineers' fees. These, in turn, include plans, plan check and nominal
building permits, and surveying to establish building lines and grades.
(2) Normal interest on only the actual building funds during period of construction and processing
fee or service charge is included. Typically, this will average half of the going rate over the time
period plus the service fee. For average construction times, see Section 85.
(3) All material and labor costs include all appropriate local, state and federal sales or SST
taxes, etc.
(4) Normal site preparation including finish, grading and excavation for foundation and backfill for
the structure only.
(5) Utilities from structure to lot line figured for typical setback except where noted in some Unitin-
Place Cost sections (e.g., mobile homes).
(6) Contractors' overhead and profit including job supervision, workmen's compensation, fire and liability
insurance, unemployment insurance, equipment, temporary facilities, security, etc., are included.
PRELIMINARY DRAFT - FOR DISCUSSION PURPOSES
Restaurants - Fast Food
2016
Fast Food Restaurant Building Base Cost per SF
Class C (Excellent) Cost/SF $280.95 [b]
Class C (Average) Cost/SF $128.57 [b]
Sprinklers (Excellent)
Sprinklers (Average)
Cost/SF $5.15 [i]
Cost/SF $3.75 [i]
Fast Food Restaurant Building Base Cost
Class C (Excellent) $1,332,768
Class C (Average) $616,399
Current Cost Multiplier
Local Multiplier
1.05 [c]
0.96 [d]
Fast Food Restaurant Building Cost
Class C (Excellent) $1,343,430
Class C (Average) $621,331
Soft Costs 5%
Entrepreneurial Incentive (low) 10%
Entrepreneurial Incentive (high) 20%
Total Building Cost
Class C (Excellent) with low E.I. $1,551,662
Class C (Average) with low E.I. $717,637
Class C (Excellent) with high E.I.
Class C (Average) with high E.I.
Estimated Building Cost Range
$1,692,722
$782,877
Low $717,637
High $1,692,722
Restaurant Equipment and Furniture $680,313 [e]
Total Building and Equipment Cost Range
Low $1,397,950
High $2,373,035
2023
Fast Food Restaurant Building Base Cost per SF
Class C (Excellent) Cost/SF $362.00 [f]
Class C (Average) Cost/SF $170.00 [f]
Sprinklers (Excellent)
Sprinklers (Average)
Cost/SF $7.35 [j]
Cost/SF $5.30 [j]
Fast Food Restaurant Building Base Cost
Class C (Excellent) $1,720,580
Class C (Average) $816,618
Current Cost Multiplier
Local Multiplier
1.08 [g]
0.96 [h]
Fast Food Restaurant Building Cost
Class C (Excellent) $1,734,345
Class C (Average) $823,150
Soft Costs 5%
Entrepreneurial Incentive (low) 10%
Entrepreneurial Incentive (high) 20%
Total Building Cost
Class C (Excellent) with low E.I. $2,003,168
Class C (Average) with low E.I. $950,739
Class C (Excellent) with high E.I.
Class C (Average) with high E.I.
Estimated Building Cost Range
$2,185,274
$1,037,170
Low $950,739
High $2,185,274
Restaurant Equipment and Furniture $680,313 [e]
Total Building and Equipment Cost Range
Low $1,631,052
High $2,865,587
It should be noted that these estimates represent the costs to construct an entire building, not just finish out of space in an existing building
References:
[a] per '2024 04_Plan set Arch_appproved' document dated 11/23/16 and revised 04/06/20
[b] MVS Section 13, page 17 - January 2016
[c] MVS Section 99, page 3 (Class C) -January 2016
[d] MVS Section 99, page 7 (Miami, FL) - January 2016
[e] based on estimated costs in 'FHM Inventory' tab
[f] MVS Section 13, page 17 - December 2023
[g] MVS Section 99, page 3 (Class C) - December 2023
[h] MVS Section 99, page 7 (Miami, FL) - December 2023
[i] MVS Section 13, page 40 - January 2016
[j] MVS Section 13, page 40 - December 2023
[m] MVS Section 13, page 32 - January 2016
[n] MVS Section 13, page 32 - December 2023
WHAT THE COSTS CONTAIN:
(1) In the Calculator Section, the actual costs used are final costs to the owner and will include
average architects' and engineers' fees. These, in turn, include plans, plan check and nominal
building permits, and surveying to establish building lines and grades.
(2) Normal interest on only the actual building funds during period of construction and processing
fee or service charge is included. Typically, this will average half of the going rate over the time
period plus the service fee. For average construction times, see Section 85.
(3) All material and labor costs include all appropriate local, state and federal sales or GST
taxes, etc.
(4) Normal site preparation including finish, grading and excavation for foundation and backfill for
the structure only.
(5) Utilities from structure to lot line figured for typical setback except where noted in some Unitin-
Place Cost sections (e.g., mobile homes).
(6) Contractors' overhead and profit including job supervision, workmen's compensation, fire and liability
insurance, unemployment insurance, equipment, temporary facilities, security, etc., are included.
PRELIMINARY DRAFT- FOR DISCUSSION PURPOSES
Link:
PDF File P, 1
Station* Qtv Description OEM Condition Year Est Cost Category (Stout).
1 1 Exhaust Hood, 14' x 48", complete with filters, exhaust and supply fan, ducts, fire supression system Atlantic Coast New 2020 [3] Kitchen Equipment
1 1 cells, motorized wash arm, built-in detergent pump, heavy duty aluminum filters. Remote HMI screen Atlantic Coast New 2020 131 Kitchen Equipment
1 1 DISHTABLE 91"wide x 30", 3 compartment sink 18" x 24" bowl, w/ 2x24 drain boards+ Faucet, 12" spout BK Resources New 2020 [3] Kitchen Equipment
1 1 WALL SHELF, 15" X 72", w/pot hangers, 18 GA. BK Resources New 2020 [1] Furniture
1 2 HAND SINK, wall mounted, 9" x 9" x 5" bowl, w/ soap - towel dispenser BK Resources New 2020 [2] Finish Out
1 2 WIRE SHELVING UNIT, for walk-in cooler, 4 shelf, 18" x 48, black epoxy Nexel New 2020 [1] Furniture
1 2 WIRE SHELVING UNIT, for walk-in cooler, 4 shelf, 18" x 36", black epoxy Nexel New 2020 [1] Furniture
1 1 EQUIPMENT STAND, 72" x 30", galvanized legs and undershelf BK Resources New 2020 [3] Kitchen Equipment
1 1 RANGE, 6 burner, 36" w/ oven, Natural gas Therma-Tek New 2020 131 Kitchen Equipment
1 1 COUNTERTOP GRIDDLE, 36", Natural gas Therma-Tek New 2020 131 Kitchen Equipment
1 1 WIRE SHELVING UNIT, 4 shelf, 18" x 60", black epoxy Nexel New 2020 [1] Furniture
1 1 WORKTOP FREEZER, 36", 2 door, 115V Coldline New 2020 [3] Kitchen Equipment
1 2 WORK TABLE, 30" x 72", w/ under shelf, 16 Ga 304 SS BK Resources New 2020 [3] Kitchen Equipment
1 1 HEAT LAMP, 60" Hanging or option of table lamp, 115V Hatco New 2020 [3] Kitchen Equipment
1 1 HAND SINK, wall mounted, 9" x 9" x 5" bowl, w/ soap - towel dispenser BK Resources New 2020 [2] Finish Out
1 1 WORK TABLE (Custom made 53" x 30", w/ LEFT sink 20" x 16" x 10" bowl, faucet included BK Resources New 2020 [3] Kitchen Equipment
1 1 DROP -IN SINK, 19 x 19 x 8" bowl BK Resources New 2020 [2] Finish Out
1 1 PREPARATION TABLE REFRIGERATOR, 48", 2 door, 115V Coldline New 2020 [3] Kitchen Equipment
1 1 FRYER, 16" double, Natural gas Therma-Tek New 2020 [3] Kitchen Equipment
1 1 SALAMANDER 24", Natural gas 20,000BTU Sierra New 2020 [3] Kitchen Equipment
1 1 VERTICAL BROILER (GYRO), 176 lbs, 30" spit, Natural gas, 44,000 BTU Axis New 2020 [3] Kitchen Equipment
1 1 COUNTERTOP CHARBROILER, 36", Natural gas, 90,000 BTU Therma-Tek New 2020 [3] Kitchen Equipment
1 1 WALK IN COOLER 8'x 6'x 7' Dade Equip. New 2020 [3] Kitchen Equipment
1 1 Water heater, Tankless 11 GPM, 199K BTY Rheem ECOH200DVRHLN Rheem New 2022 [2] Finish Out
2 1 Exhaust Hood, 11' x 48", complete with filters, exhaust and supply fan, ducts, fire supression system Atlantic Coast New 2020 [3] Kitchen Equipment
2 2 PREPARATION REFRIGERATOR, Prep Table, 60", 2 door Coldline New 2020 [3] Kitchen Equipment
2 1 DROP -IN SINK, Regency 10 x 14 x 5" bowl, back and side splashes, w/ faucet (for front counter) BK Resources New 2020 [2] Finish Out
2 1 WORK TABLE, 30" x 72", w sink and faucet in LEFT side. FAUCET, splash mounted, 12" swing spout BK Resources New 2020 [3] Kitchen Equipment
2 1 EQUIPMENT STAND, REFRIGERATED BASE, 48", 2 drawer Coldline New 2020 [3] Kitchen Equipment
2 1 COUNTERTOP GRIDDLE, 24", Natural gas, 60,000 BTU Therma-Tek New 2020 [3] Kitchen Equipment
2 1 COUNTERTOP CHARBROILER, 24", Natural gas, 60,000 BTU Therma-Tek New 2020 [3] Kitchen Equipment
2 1 RANGE, 4 burner, 24" w/ oven, Natural gas, 147,000 BTU Therma-Tek New 2020 [3] Kitchen Equipment
2 1 FRYER, 16" double, Natural gas, 90,000 BTU Therma-Tek New 2020 [3] Kitchen Equipment
2 1 SALAMANDER 24", Natural gas, 20,000 BTU Sierra New 2020 [3] Kitchen Equipment
2 1 WORK TABLE, 30" x 36", w/ under shelf, 16 Ga BK Resources New 2020 [3] Kitchen Equipment
3 1 COLD FOOD WELL UNIT, DROP -IN, REFRIGERATED 87" W, 6 pan •**** QTY 1 Atlas Metal New 2020 [3] Kitchen Equipment
3 1 DROP -IN SINK, Regency 10 x 14 x 5" bowl, back and side splashes, w/ faucet BK Resources New 2020 [2] Finish Out
3 1 REACH -IN UNDERCOUNTER REFRIGERATOR, 60 ", 2 door Coldline New 2020 [3] Kitchen Equipment
3 1 Sneeze guard, glass tempered, 87" x 3/8" glass CM Glass New 2022 [5] Kitchen Equipment
4 1 COLD FOOD WELL UNIT, DROP -IN, REFRIGERATED 74" W, 5 Pan ***** QTY 1 Atlas Metal New 2020 [3] Kitchen Equipment
4 1 DROP -IN SINK, Regency 10 x 14 x 5" bowl, back and side splashes, w/ faucet BK Resources New 2020 [2] Finish Out
4 1 REACH -IN UNDERCOUNTER REFRIGERATOR, 60 ", 2 door Coldline New 2020 [3] Kitchen Equipment
4 1 Sneeze guard, glass tempered, 73" x 3/8" glass CM Glass New 2022 [5] Kitchen Equipment
5 1 PIZZA BAKE OVEN, ROTARY, Gas standard, 58" x 67" (4.9 ft x 5.6 ft), 120V / 12 amps Marra Forni New 2020 [3] Kitchen Equipment
5 1 PREP TABLE PIZZA, 60 ", 2 door, 115V Omcan New 2020 [3] Kitchen Equipment
5 1 UNDERCOUNTER FRIDGE, 1 Door, 27" lowboy, 115V Coldline New 2020 [3] Kitchen Equipment
5 1 SLICER, 13" Manual Gravity Feed Slicer - 1/2 hp, 115V Avio New 2020 [3] Kitchen Equipment
Furniture $263,420. [1]
Kitchen Equipment [4]
Specialized Finish Out [6]
POS System �^$4 3Qd; [7]
Total Estimated Furniture and Equipment Costs $680,313
[1] part of furniture cost as reported in'FHM Expenditures' tab. Furniture cost includes more than what is in inventory list (tables, chairs, barstools, decorative items, etc.)
[2] considered part of space build out costs already accounted for in 'Food Court Build Out' tab
[3] part of kitchen equipment cost as reported in'FHM Expenditures' tab
[4] total kitchen equipment cost as reported in'FHM Expenditures' tab
[5] based on actual cost of $1,425 in'FHM Expenditures' tab for both units
[6] includes items not part of traditional fast food finish out, such as bar, glass, unique fixtures, etc.
[7] cost as reported in'FHM Expenditures' tab
PRELIMINARY DRAFT - FOR DISCUSSION PURPOSES
Link:
PDF File Page:
Years
2016
2016
2016 - 2023
2016, 2017
2019, 2020
2020, 2022, 2023
2016 to 2021
2018, 2020, 2022
2018, 2020, 2021
2022, 2023
2019, 2021
2020, 2021
2019 to 2023
2019, 2020
2019
2019
2022
2022, 2023
2020, 2021, 2022, 2023
2022
2022
2022
2022
2019 to 2023
2021
2019, 2020
2020
2019
2022
2019, 2020, 2022
2022
2020
2022
2022
2019, 2023
2019
2020
2021
2021
2022
2022
2022
2022, 2023
2022
2022
2022
2022
2022, 2023
2022
2022
2023
2023
2023
2020, 2023
2019, 2022, 2023
2020
NAME
Previous owners of 1401 Group
1401 Group LLC. Payment to previous owners to acc.
OMNI CRA City of Miami
Doo Architects - AC Architecture LLC
Avlis Group
Yahya Consultants - aka Ramzi
Sacha Enterprises - aka Julian Linares
Orestes Cabrera
Florida Atlantic General Contracting
Mike Gandia - GC
Bodegas Tierra Roja (aka Mattia Solinas, aka MVI Capital)
Genea Trading (aka Mattias Solinas)
Omar Gonzalez
SaintUrban LLC - aka Alex Ostroff
City of Miami
Miami Dade County
WASD
DBPR (Dep Business Professional Regulation)
Atlantic Coast Services
Toast
Imperial Dade
Larry Hymes Consulting - Network
Glass CM
Poquito a Poco - aka Ximena
AM Marble
Creative Art Solutions
Eurocoverings
Miami Design
MPA Woodworks Corporation
New Style Services
Pavel Carpenter
Quality Stone
Stain Glass- Federico
Welding Master Miami - aka Gonzalo
Jesus Giraldo
Pablo Mendez
Andrejs Aleksejevs
Best Plumbing USA
Pereda Concrete
Luis Delgado Pintor
Advanced Services (aka Advanced Management)
Jorge Olvera - Plaster
Rogelio Rivera drywall
Guillermo Patino
Rodrigo Rivera
Ricardo Martinez
George Bond - Sprinklers
MV Electrical - aka Manuel Chavez
Rusty Plumbing (aka Oresti Innocenti)
Shamarie Williams - Network
Ecolplumbing
Hemag Inc
Valerio Arena
Guardado & Doyle
Alcoba Law Group - aka Ruben Alcoba
Cuadra Law
2016, 2018, 2019, 2020, 2021 M. Fuentes & Co.
2020, 2021, 2022, 2023
2020, 2021, 2022, 2023
2022, 2023
2023
2023
2019 to 2023
2019
2022
2022
2019
2019
2019
2019, 2020
2019
2021
2021
2021
2022
2023
2022
2022
2022, 2023
2023
2023
2023
2019 to 2023
Luis Felipe Diaz Lazcano
Law office of Douglad D Stratton
HEH & Associates Inc (for OMNI CRA CITY OF MIAMI)
Riney Packard, LLC (Marcos Ronquillo)
Mitrani Raynor Adamsky and Toland PA
Mahb Birdpal
Same day moving and storage
Ernesto Moving
Quintero Delivery
Bank of America - 1401 Group
Borja Garcia Navarro
Robaldo Rodriguez
Sofia Sinatra Andersone
Kay Hanneson
Angela Garcia (Evo Blanco SA)
Maria Melisa Mejico
Mario Garcia
Tech Group
Alessandro Lima
Javier Rivas Plata
Oscar Chavarria
Isabel Garcia
Jorge Resendiz
Maria Alejandra Duran
MC Diel
Utilities (Teco Gas, FPL, Comcast,) and bank fees
Stout
CONCEPT AMOUNT Reference
Company acquisition 126,980.00
Fire station Deposit 41,000.00
Fire Station - Rent CRA 640,023.62
Architect- initial stage 29,575.00
Architect- final stage 6,300.00
Engineering services - Engineer of record 14,625.00
Business & Permitting consultant 95,500.00
Permit runner 12,696.00
General Contractor - 1st construction stage: Demolitions, floor c 407,489.00
General Contractor - 2nd stage - Plan reviews 1,500.00
Contract for vendor recruitment 83,970.00
Contract for management - preoperational fees 15,000.00
Overall Project Management & Claim coordination with legal fir 399,024.00
Branding services 13,000.00
Building permit fee 16,699.50
Water & Sewer impact fees 217,964.00
Water service - construction meter fees 322.74
Alcohol license renewal / fee 3,731.00
Kitchen equipment and Hoods contractor [31
POS system 7,885.82
Dishwashers supplier - lease 365.00
Network- Sound - Video installations 21,748.00
r...... _
Sneeze glass guards stations 3 and 4 1415718 [5]
Interior designer - Furniture: tables, chairs, decorative items. M, 256,028.80 [I]
Interior design - Marble works *not included in GC scope 5,000.00 [6]
Interior design - Metal works & Glass *not included in GC scope 37,855.00 [6]
Interior desing - Marmol material *not included in GC scope 7,097.00 [6]
Interior design materials *not included in GC scope 1,348.00 [6]
Interior design - Carpenter - Tables job *not included in GC scot 4,600.00 [5]
Interior design - Carpenter - bars, cabinetry, others *not include 32,700.00 [6]
Interior design - Carpenter *not included in GC scope 3.0:.: [6]
Interior design - Materials *not included in GC scope 4,150. [61
Interior design - Glass decoration job *not included in GC scope 1,001. [61
Interior design - Metal works Bar stools *not included in GC sco 7,391.00 [11
FHM Contractor, miscellaneus jobs; tile finishes, hanging structc 62,400. [61
Hanging decorative structure -fabrication and installation *not 7,000. [61
Wall finishings *not included in GC scope 5,822.00
Plumbing services - Kitchen equip *not included in GC scope 4,000.00
New concrete job - pipe ditch fill *not included in GC scope 3,000.00
Painting jobs *not included in GC scope 4,251.00
Plumbing contractor - 2nd stage GC. Install plumbing fixtures, w 21,038.00
Plaster job *not included in GC scope 2,000.00
Acoustic Ceiling job expenses / payments *not included in GC sc 9,000.00
Acoustic Ceiling job expenses / payments *not included in GC sc 5,000.00
Acoustic Ceiling job expenses / payments *not included in GC sc 3,000.00
Acoustic Ceiling job expenses / payments *not included in GC sc 2,100.00
Sprinklers for accousting ceiling set up *not included in GC stop 3,700.00
Electrical contractor -Subcontractor permit. 2nd stage GC. Conn 40,922.00
Plumbing contractor - Grease Trap tank, 2nd design fee, permit 23,101.00
Network cabling - labor advance *not included in GC scope 1,620.00
Plumbing service *not included in GC scope 450.00
Smoke test for fire alarm inspection 1,200.00
Food industry consulting - operations 5,500.00
Accounting services 8,240.00
Legal services FHM contract review for lessor contributions mat 32,625.00
Legal services FHM contract review for lessor contributions mat 10,000.00
Legal services 1401 company acquisiton / Alcohol license search 60,112.00
Legal services FHM reviews (ammendment- leasehold imp reim 45,500.00
Alcohol license payments 50,026.00
Lobbyst- Firehouse rent payment and lease ammendment fees 60,000.00
Legal services FHM Claim 15,000.00
Legal services FHM Claim 10,000.00
Office / Warehouse 92,881.05
Moving services for kitchen equipment storage 3,460.00
Equipment moving expense 100.00
Equipment moving expense 500.00
Fire Station - expenses 1,999.99
FHM publicity opinion 701.00
General Repair FHM & Storage 3,600.00
Vendor research 6,500.00
Materials reimburse 2,600.00
Vendor research 1,000.00
Social media consulting 1,600.00
IT / POS network review 4,300.00 [7]
IT service 3,000.00
Search fee for popup vendor spot 2,000.00
Reimburse for locksmith job at FHM 50.00
Cleaning 600.00
Cleaning 1,210.00
Cleaning 850.00
Cleaning 75.00
Cleaning 100.00
Utilities (Gas, Electricity, Internet for security) 18,847.25
676,012.85
PRELIMINARY DRAFT - FOR DISCUSSION PURPOSES