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SPACE <br />APPROX. SF <br />NOTES <br />Front + Side Patios <br />EXTERIOR PATIO SUBTOTAL <br />—1,300 <br />—1300 SF <br />Outdoor gathering; pergola at NE <br />corner with privacy wall and <br />string -light run <br />TOTAL CONDITIONED BUILDING <br />—8,700 SF <br />First + second floor <br />PRELIMINARY SITE DIMENSIONS <br />The lot width is approximately 84 feet, with an estimated lot depth of approximately 275 feet based on the stated <br />0.53-acre lot area. These figures yield a site area of approximately 23,090 SF. <br />Based on these dimensions and the —5,700 SF first -floor target, the anticipated first -floor building footprint is: <br />— Building width: 50-60 feet, after final COR-1 setbacks and build -to line are confirmed <br />— Building depth: 100-125 feet, to achieve approximately 5,700 SF at the working width <br />Per the civil engineer (Matt Davich, EGR&UD), there are no significant setback or onsite parking requirements for this <br />lot, and stormwater is handled offsite through a regional pond. Final setback and build -to line requirements will be <br />confirmed against the COR Design Framework now in hand, in coordination with the City of Ramsey Planning <br />Division. <br />PRELIMINARY COST FRAMEWORK <br />New mixed -use construction in the Minneapolis -Saint Paul metro currently ranges from approximately $200 to $325 per <br />square foot for hard construction costs alone. At —8,700 SF, that range yields an unassisted hard -cost band of <br />approximately $1,740,000 to $2,827,500. <br />Hard construction costs do not include: <br />— Architectural, engineering, and consulting fees (typically 8 to 12% of construction cost) <br />Site preparation, utility connections, and civil work <br />— Furniture, fixtures, and equipment (FF&E) <br />— Permitting and city fees <br />— Owner contingency (recommended at 10 to 15% at this stage of design) <br />Sprinkler system, estimated at $4 to $7 per SF (—$35,000 to $61,000 at this building size) <br />