Design of a Commercial Shopping Center BY: Taylor Stiles, Timothy Colomb, & Leighton Webre Instructor: Dr. C. Koutsougeras Advisor: Mr. R. Edward Rode’
Objective To design a commercial shopping center consisting of 3 retail units in an area of commerce.
Map Location of property
Aerial View
Survey of Site
Drone Pictures of Site
Drone Pictures of Site
Location 0 S Airport Road, HAMMOND, LA 70403 Price $1,306,800 Lot Size 3 Acres Commercial Property Sewer Type: City Water Type: Public Electricity Provided By: Entergy
Shopping Center Details 59,020 Square Ft. 3.00 Acre Lot Price per Square ft. to build is estimated at $99. 69 Total Estimated cost of construction of Shopping Center is $5,883,726.14 http://www.buildingjournal.com/construction-estimating.html
Preliminary Floor Plan
Rental unit 1 15,075 SqFt. Building Cost per SqFt. = $99.00-$100.00 The preliminary cost for construction will be $1,492,425.00. Loan for $1,492,425.00 with a 7% interest rate for 5 years or 60 months will be approximately $29,551.80/month. Building Uptake cost ($2.70 per square feet per year) estimate to be $40,702.5 In respect to the location, buildings are rented at an average of $4.67 per Sq.Ft., which would contribute to around $70,400.00/monthly. Estimated Profit Monthly – $37,456.325
Rental Unit 2 9,938 SqFt. Building Cost per SqFt. = $99.00-$100.00 The preliminary cost for construction will be $983,862.00. Loan for $983,862.00 with a 7% interest rate for 5 years or 60 months will be approximately $19,481.65/month. Building Uptake cost ($2.70 per square feet per year) estimate to be $26,832.6 In respect to the location, buildings are rented at an average of $4.67 per Sq.Ft., which would contribute to around $46,410.00/monthly. Estimated Profit Monthly - $24,692.35
Rental unit 3 34,000 SqFt. Building Cost per SqFt. = $99.00-$100.00 The preliminary cost for construction will be $3,366,000.00. Loan for $3,366,000.00 with a 7% interest rate for 5 years or 60 months will be approximately $66,650.83/month. Building Uptake cost ($2.70 per square feet per year) estimate to be $91,800 In respect to the location, buildings are rented at an average of $4.67 per Sq.Ft., which would contribute to around $311,255.00/monthly. Estimated Profit Monthly - $236,954.17 http://www.bankrate.com/calculators/business/business-calculator.aspx
Structural components Poured Concrete Slab Steel Columns Steel Beams Brick Veneer Concrete Masonry Walls Bar Joists Steel Beam Joist Roofing
F.E.M.A Flood Zone ”X” Not Flood Prone
Preliminary Building Code Review Article 2. Administration 2.4.2 Building Permit Required Article 3. Permits and Final Plat Approval 3.1.2 Permit Required 3.4.3 METAL BUILDING FACADES Article 4. Site Conditions 4.1.4 Fill Requirements Article 6. Zoning Districts 6.1.4 Commercial Article 13. Signs 13.1.8 Sign requirements by zoning district. Article 14. Parking Off - Street Parking Requirements (Table 14.2.2 B) Commercial Retail Sales And Service – 1per 250 SF FA
Timeline January 11, 2017 – First Day of class January 16, 2017 January 22, 2017 (Meet With Advisor) January 23, 2017 January 29, 2017 Finish Site Survey and Inspection January 30, 2017 February 5, 2017 Prepare Presentation February 6, 2017 February 12, 2017 Proposal Presentation February 20, 2017 February 26, 2017 Complete Research of Business Aspect/Profit Margin March 6, 2017 March 12, 2017 Start Project Scheduling March 22, 2017 March 26, 2017 Completed Review of State and local building codes March 27, 2017 April 2, 2017 Complete Floorplan and Elevation Drawing April 3, 2017 April 9, 2017 Complete Design Drawing April 10, 2017 April 16, 2017 Complete Material Take-off April 17, 2017 April 23, 2017 Complete Project Scheduling April 24, 2017 April 30, 2017 Prepare for Final Presentation May 5 (Final Presentation)
Deliverables for Spring 2017 Continue Developing Floorplan and Elevation Drawings Complete Estimate Project Scheduling Review LBC and State Building Codes to ensure all have been met Completed Design Drawing (Foundation and Structural)
Any Questions???