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Appendix Table G-2 <br />Market-Rate Prototypes 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 20 units/acre <br />Unit Size 2,000 sq.ft. <br />Number of Bedrooms 3.0 per unit <br />Amount of Parking 2.0 per unit <br />Development Costs <br />Land Costs $4,500,000 per acre $225,000 <br />Site Preparation $30 per sq.ft. of land $65,340 <br />Subtotal, Land $290,340 <br />Direct Construction Costs $225 per sq.ft. $450,000 <br />Parking Costs $0 per space $0 <br />Builder Fee 5.0% of direct const. costs $22,500 <br />Subtotal, Direct Costs $472,500 <br />Development Impact Fees [1] $97,722 per unit $97,722 <br />Indirect Costs [2] 20% of direct costs $94,500 <br />Subtotal, Indirect Costs 41%of direct costs $192,222 <br />Total Construction Costs $955,062 <br />Sources: Costar; Marshall & Swift; EPS discussions with local active developers <br />[1] Development impact fee total does not include current affordable housing inclusionary fee requirements <br />[2] Includes costs for architecture and engineering; entitlement and fees; project management; appraisal and market <br />study; marketing, commissions, and general administration; financing and charges; insurance; and contingency. <br />Ownership <br />Single Family Attached Townhome <br />Assumptions <br />Page 145 of 893