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Appendix Table G-2 <br /> Market-Rate Prototypes and Development Cost Assumptions <br /> Pleasanton Inclusionary Zoning Ordinance Update <br /> Single Family Attached Townhome <br /> Item Assumptions Per Unit <br /> Development Prototype <br /> Tenure Ownership <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 />