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Appendix Table G-1 <br />Market-Rate Protot\pes and Development Cost Assumptions <br />Pleasanton Inclusionary Zoning Ordinance Update <br />Item Per Unit <br />Development Prototype <br />Tenure <br />Parcel Size 1 acre <br />Density 5 units/acre <br />Unit Size 3,000 sq.ft. <br />Number of Bedrooms 4.0 per unit <br />Amount of Parking 2.0 per unit <br />Development Costs <br />Land Costs $4,000,000 per acre $800,000 <br />Site Preparation $30 per sq.ft. of land $261,360 <br />Subtotal, Land $1,061,360 <br />Direct Construction Costs $200 per bldg. sq.ft. $600,000 <br />Parking Costs $0 per space $0 <br />Builder Fee 5.0% of direct const. costs $30,000 <br />Subtotal, Direct Costs $630,000 <br />Development Impact Fees [1] $175,981 per unit $175,981 <br />Indirect Costs [2] 20% of direct costs $126,000 <br />Subtotal, Indirect Costs 48%of direct costs $301,981 <br />Total Construction Costs $1,993,341 <br />[1] Development impact fee total does not include current affordable housing inclusionary fee requirements <br />study; marketing, commissions, and general administration; financing and charges; insurance; and contingency. <br />[2] Includes costs for architecture and engineering; entitlement and fees; project management; appraisal and market <br />Sources: Costar; Marshall & Swift; EPS discussions with local active developers <br />Ownership <br />Single Family Detached <br />Assumptions <br />Page 144 of 893