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• <br />• <br />Indian River County 1 Impact Fee Update Study <br />Table F-1 <br />Correctional Facilities Building Cost <br />Source <br />L_ <br />E(l) <br />year <br />Building Cost per <br />Square Foot <br />$288 <br />_ __ <br />Construction of IRC Jail Unit <br />2008 <br />Estimates fora Future Jail <br />N/A <br />N/A <br />Insurance Values of ExistingJail <br />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 />, ,2413 <br />$270-$300 <br />Estimates from Florida Architects(5) 4 <br />x.;;2013 <br />$285-$445 <br />Used in the Study __epot An <br />X2013, <br />$250 <br />(1) <br />(2) <br />(3) <br />(4) <br />(5) <br />Source: Indian River County <br />Source: Indian River County, figures rounded tomearest $10 <br />Source: AJAX Engineering and Florida Department of Correctional Facilities; figures rounded to <br />nearest $10 <br />Source: Reed Construction <br />Based on discussions with industry architects for a <br />experience <br />To determine the buildingvalue of;the a ort facilities; such as the <br />� pp�,� guard house, <br />typical jail in Floridaed on their <br />Niaw <br />maintenance shop, etc ; Insurance value. of the existing bui dings was reviewed. This <br />ttite; <br />analysis suggested4a3unit cost4of $125 per square foot. <br />sAre <br />Emergency Services Facilities <br />As part .ofthis'a.nalysis, T <br />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 <br />*C: <br />her similar expenses). The following chart presents <br />the building construction cost trends based on bids, estimates, and other information <br />o btained during the previous':impact fee studies completed by TOA. As presented, the <br />vent <br />✓ ariation in station costs is relatively minor over the past few years. <br />Tindale -Oliver & Associates, Inc. <br />January 2014 <br />Indian River County <br />F-2 Impact Fee Update Study <br />