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Indian River County I Impact Fee Update Study <br /> Table F-1 <br /> Correctional Facilities Building Value <br /> Source Year Building Cost per <br /> Square .. <br /> Construction of IRCJai I Unit EM 2008 $288 <br /> Estimates for a Future Jail N/A N/A <br /> Insurance Values of Existing Jail Buildings(2) 2013 $140-$220 <br /> Recent Jail Construction in Other Florida Counties(3) 2009,2013 $225 <br /> Estimates from National Construction Companies(4) 2013 $270-$300 <br /> Estimates from Florida Architects(5) 2013 $285-$445 <br /> Used in the Study 2013 $250 <br /> (1) Source: Indian River County <br /> (2) Source: Indian River County,figures rounded to nearest$10 <br /> (3) 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 a typical 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., insurance value of the existing buildings was reviewed. This <br /> analysis suggested a unit cost of$125 per square foot. <br /> Emergency Services Facilities <br /> As part of this analysis, TOA contacted several Florida jurisdictions to obtain more recent <br /> cost information. The bids and 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, fees and other similar expenses). The following chart presents <br /> the building construction cost trends based on bids, estimates, and other information <br /> obtained during the previous impact fee studies completed by TOA. As presented, the <br /> variation in station costs is relatively minor over the past few years. <br /> Tindale-Oliver&Associates, Inc. Indian River County <br /> June 2014 F-2 Impact Fee Update Study <br /> 25-k <br />