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RENOVATION & REUSE PLANNING FOR HISTORIC DEPOT / LOT
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September 26, 2017 City Council Meeting
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Request:
Provide direction to staff on a planning process for the renovation and reuse of the Historic Train Depot and City-owned Depot Lot in Downtown Novato
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Site Area = 0.9 acres
Millworks Building
NovatoGlass
Whole Foods
Dr. I’s Coffee
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Depot Building Restoration Cost Estimate by Saylor
Direct Construction Costs $202,009
10% General Conditions $ 20,201
30% Contingency $ 60,603
5% Escalation $ 10,100
2% Bonds / Insurance $ 5,858
10% Contractor Mark-Up $ 29,291
Total Construction Costs $328,063
20% Architecture / Engineering $ 65,000
Misc. Site Mitigation $ 30,000
Approximate Cost: $423,063 or $660/sf
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• Initial Site Analysis
• Community Outreach
• Feasibility Evaluation
• Property Reuse Options/Concept Developmento Historic building restoration/adaptive reuse
o Additional site improvements/development
• Financial Considerations/Funding
• Council Selection of Preferred Option(s)
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❖ Invested community members/caretakers of the Depot Building
❖ DNBA, Downtown businesses & neighbors
❖ Citywide outreach: onsite, charrettes, surveys, noticing, social media, webpage
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Proposed $25,000 from Phase 3 Budget Funds
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QUESTIONS/DISCUSSION