Basis of Design Book 2 - City of St. Petersburg

The New St Petersburg Pier
Clarifications and Assumptions for Life Cycle Analysis Report
1. We have calculated anticipated revenues for lease spaces as $25sf annually
for all venues except the Restaurant will be at $20 sf.
2. The restaurant lease is at a lower price as they will be expected to construct
their own facility and to maintain it. We used 8,000sf for the restaurant.
3. We used the program square footages under October column on A2-03
With the exception of the Bait Shop - Concessions - Kayak Rental
we used the September column for revenue calculations
4. We anticipate an average of $2,000 per week in special event bookings.
These can be Weddings, Corporate Dinners, Concerts, Charity Events, etc…
5. Maintenance costs are dramatically reduced with the new Pier Design.
Everything over the water is being designed with a 50+ year life span.
Pressure washing all horizontal surfaces and sealing annualy is a minimum
requirement, spot cleaning will be necessary as needed.
6. Calculated light fixture bulb replacements based on all lighting being LED.
7. All costs are escalated to 2016 numbers and carried forward with annual
escalation factor of 1.8% per year as projected by The Department of
Defense Facilities Pricing Guide - Construction Escalation Rates Table
8. Based maintenance costs on four full time employees performing all
daily maintenance tasks and the labor for the pressure washing/sealing.
9. Included costs for a service agreement to maintain the elevator.
10. Included cost for service agreement to maintain the sewage pumps.
11. Floating docks have a useful life span of 30 years and have been included
in the replacement schedule calculations.
12. Asphalt paving will require replacement every 20 years and have been
included in the replacement schedule calculations.