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Overview of costs for Parkview East A ents <br />Construction costs: <br />Improved land: <br />Matting Fees and Permits <br />Soft Costs (Financing, Interest, Legal, Accounting) <br />Contingency <br />Total <br />$13,927,100 <br />$1,886,052 <br />$1,353,468 <br />$780,189 <br />$3O0'O03 <br />$18,246,809 <br />Project Narrative: <br />The proposed project will be a 122 unit market rate apartment to be located in the COR. We have <br />incorporated a high level of aesthetic iterns that will be visually pleasing to guests and residents of <br />Ramsey, MN. The exterior will include Nichiwa panels, stone, brick, cantilevered balconies and building <br />accents that complement both the residentiar and comniercial districts. Thi:s project is adjacent to the <br />Draw Park, there will be green spaces, patios and walking trails that connect to the Draw Park. We <br />anticipate ourtenants to be a diverse cross section of man'y demographics. <br />