Wednesday, August 31, 2016
New Purl Elementary School to Cost $262/sq ft
Perhaps the City needs to contract with Georgetown ISD for the construction of the new city hall. Georgetown ISD is demolishing and removing asbestos from the old school and building a brand new 116,000 square foot elementary school for $30.4M. For those who care to do the math, that is $262/sq ft.
Compare that with the $13.0M for the city hall at $355/sq ft for 36,600 sq ft. For anyone who believes the $13.0M final cost, there is a bridge in Brooklyn for sale at a very reasonable cost!
In fact it is even worse than that. To demolish the old library and communications buildings, the City estimated the cost to be $20.936M which is $572/sq ft. Something is seriously wrong with the city's cost estimates.
A call is repeated to establish a citizen review board of knowledgeable development/construction Georgetown taxpayers to review proposed plan before Council commits to proceed and monitor construction as it progresses.
Labels:
Building Costs,
Downtown West,
GISD
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