Alternative #1—Initial Cost

New Construction
New Triplex 3000 sq.ft x 150 $450,000
Enclosed Engine Storage 960 sq. ft. x $80 $76,800
Fire Vehicle Fuel Storage 160 sq. ft. x $30 $4,800
Total $531,600
Utilities
Water system   $85,000
Warehouse Drainage   -
Waste Water   $15,000
Total $100,000
Design
Design Cost - 10%   $63,000
COR/Admin - 7%   $44,200
Contingency - 10%   $63,000
Total $170,200
Grand Total $801,800