29.08.2014 Views

Basis of Design Book 2 - City of St. Petersburg

Basis of Design Book 2 - City of St. Petersburg

Basis of Design Book 2 - City of St. Petersburg

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

The New <strong>St</strong>. <strong>Petersburg</strong> Pier<br />

Revenue Projected Revenue Notes<br />

2012 2016<br />

Services- Utilities $ 100,982.09 $ - Not passed through<br />

Services- maintenance $ 71,620.00 $ - Not passed through<br />

Culture/Recreation Promotions $ 20,497.40 $ 109,502.25 Events - Weddings etc..<br />

Operating Rent - Restaurant $ - $ 168,464.99<br />

Operating Rent - Shops $ 601,603.00 $ 58,462.62<br />

Miscellaneous $ 49,794.20 $ 32,710.05 Scaled <strong>of</strong>f <strong>of</strong> Sq FT<br />

Transfer in general fund $ 876,000.00<br />

Total $ 1,720,496.69 $ 369,139.90<br />

Rentable Area Scale 20%<br />

Maintenance Scale 69%<br />

Total Square Foot Scale 62%<br />

Department Of Defense Escalation Rates<br />

2012-2014 1.70%<br />

2014 On 1.80%<br />

Revenue Producing Area SQ FT New Rent Per SF<br />

Concessionaire at The Inner Harbor 400 $<br />

25.00<br />

Bait Shop - Concessions - Kayak Rental 1,321 $<br />

25.00<br />

Food Service at the Promontory 500 $<br />

25.00<br />

Waterside Resturant 8,000 $<br />

20.00<br />

Total 10,221<br />

Rent per annual sf existing Pier $ 14.80

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!