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Appendix Table G-1 <br /> Market-Rate Prototypes and Development Cost Assumptions <br /> Pleasanton Inclusionary Zoning Ordinance Update <br /> Single Family Detached <br /> Item Assumptions Per Unit <br /> Development Prototype <br /> Tenure Ownership <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 /> 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 />