Guild Road Industrial Park Workshop

Guild Road Industrial Park Incubator Study identified a lack of market for a successful incubator in Woodland. Consultant identified a market need for 25,000-50,000 square foot industrial buildings. Guild Road design includes 3-5 buildings ranging from 25,000 or 45,000 square foot buildings.

Guild Road Industrial Park- Next Phase Land Use/ Master Planning Permit – Pre-application $16,500 – Permit Application Cost $118,250 – Final Construction Documents $47,500 – 10% $18,225 – Total Estimated Cost $200,475

Guild Road Industrial Park- Funding Options Funding options for Land Use/ Master Planning Permit – Cowlitz County.09 Rural Development Funds $1 million available- request of $50,000 due February/March – CERB Planning- request of $50,000 or 25% of the total project cost due April 6 – EDA funding- request of $100,000 due – Currently in Port budget from reserves for the total amount

Guild Road Industrial Park- Building Design Each building- the example shown is the Phase 1 23,000 square foot building- will include at grade docks Each building would have a design for an office space. The example provides a 2,000 square foot space. The building is a metal tilt up like the Down River Drive designs for five of the buildings. The example shown is estimated to cost $858,981 or $37.35 per square foot. A return on investment (ROI)for the building would be

Guild Road Industrial Park- Planning Level Cost Estimate Full Site Improvements is for all sites- $943,250 Site Improvements for Phase One Building $685,525 Site Improvements for Phase Two Building $298,000 Site Improvements for Final Phases depends on the building selection (3- 25k foot or 1-45k foot building)

Phase One Building Example 23,000 square feet

Guild Road Office Space Example

Guild Road Industrial Park- Total Costs Land Use/ Master Planning Permitting $200,475 Full Site Improvements $943,250 Building Costs Option 1: $3,473,481 Building Cost Option 2: $4,593,971 Total Option 1: $4,617,206 Total Option 2: $ 5,737,696

Guild Road Industrial Park- Total Cost Funding Options CERB Funding $ 300,000 grant + $1.7 million loan EDA Funding $1.5 million grant limit (for construction) Cowlitz County.09 Rural Development USDA Infrastructure Funding for telecommunications, storm water, sewer, etc.