Central Business District – proximity to other government agencies, public transportation (Lynx, Sunrail), parking garages, centrally located Create a.

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Presentation transcript:

Central Business District – proximity to other government agencies, public transportation (Lynx, Sunrail), parking garages, centrally located Create a campus-style Government Complex Existing County network loop to interconnect our agencies versus laying new fiber Overall a better location than elsewhere

BUILD Highest and best use of County-owned vacant land Proven track record of Construction by the County (example Utilities Building) Will provide ample time for planning the move Overall creates greater value for the County BUY 30-year-old building and converting it to Class A office space Inadequate parking within reasonable walking distance Need more lead time and due diligence to plan the move Ad-valorem at $6 million, will cost about $12 million – and you can build NEW for $12 million

More due diligence before paying top dollar for a 30-year-old building (comparable sales analysis, appraisal) New construction on County-owned land for $200/sqft. Versus approx. $150/sqft. for 30 year old building (after refurbishments) Where is the project plan?