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Indian River County 1 Impact Fee Update Study <br />Table F-1 <br />Correctional Facilities Building Cost <br />Source <br />Construction of IRCJaiI Unit El1i <br />Year <br />Building Cost per <br />Square Foot <br />2008 <br />$288 <br />Estimates for a Future Jail <br />N/A <br />N/A <br />Insurance Values of Existing Jail Buildings(2) <br />2013 <br />$140- $220 <br />Recent Jail Construction in Other Florida Counties(3) <br />2009, 2013 <br />$225 <br />Estimates from National Construction Companies(4) <br />;..'2013 <br />$270-$300 <br />Estimates from Florida Architects(5) <br />`2013 <br />$285-$445 <br />Used in the Study <br />`2013, <br />$250 <br />(1) <br />(2) <br />(3) <br />Source. Indian River County <br />Source. Indian River County, figures rounded to nearest $10 <br />Source: AJAX Engineering and Florida Department of Correctional Facilities -figures rounded to <br />nearest$10 ` <br />(4) Source: Reed Construction = ', <br />(5) Based on discussions with industry architects for a.range•of atypical jail in Florida.based on their <br />experience <br />To determine the building value of `the support facilities, such as the guard house, <br />maintenance shop, etc:T. insurance value of theexisting buildings was reviewed. This <br />• <br />analysis suggested a unit cost -of $125 per square foot``<' <br />Emergency Services Facilities -. <br />- S - <br />As part: of -this contacted several` Florida jurisdictions to obtain more recent <br />costinformation. The bids arid•estimates received -in 2010 for facilities built in 2010 or 2012 <br />range' from $190 to $300,per square foot (excluding furniture/fixture/equipment, site <br />preparation -cost, permits, 'tee and`otlier similar expenses). The following chart presents <br />the building'construction cost trends based on bids, estimates, and other information <br />obtained during'`the‘previous irnpact fee studies completed by TOA. As presented, the <br />variation in station costss,isrelatively minor over the past few years. <br />Tindale -Oliver & Associates, Inc. Indian River County <br />January 2014 <br />F-2 Impact Fee Update Study <br />