> Gregory Luce wrote: > Mel Gregerson wrote about CVI's cost: > > Cost per square foot 25,300 square feet of apartments Plus or > minus 2,000 sq.ft. per store. This equates to $187.71 cost per sq. > > Robert Anderson responded: > > By conservative estimate, that's little more than twice the cost > of construction (excluding the 4-5 bedroom units). Very interesting stats. > > [GDL] Again, they may be interesting stats but they really have > no true meaning or context other than being interesting. > Comparisons have to be made on comparable properties and > development, which I have yet to see.
[TB] I find it difficult to except that the differences are merely interesting or to simply dismiss any cost differences. The reasons for the differences should be quantifiable. Some may have acceptable explanations, say costs associated with cleanup of brown fields. Cost per sq ft is just that regardless is the square feet are 1 or 5 bedroom units, commercial or whatever. If we are paying $187 per sq foot for what normally costs $100 per sq foot, I haven't seen a reason why. All I've seen is general dismissal saying "that's the way it is." If our costs are higher than standard, I'd rather see an explanation than a cover-up. Terrell Brown Loring Park _______________________________________ Minneapolis Issues Forum - A Civil City Civic Discussion - Mn E-Democracy Post messages to: [EMAIL PROTECTED] Subscribe, Unsubscribe, Digest option, and more: http://e-democracy.org/mpls
