Pricing Guidelines

At its May 2007, the Gateway Commission indicated that the following pricing guidelines would be reviewed.  Therefore, these pricing guidelines are expected to be increased:

These prices assume purchase of the entire parcel.  The purchase of less than the full parcel will likely require a higher per square foot cost. 

Parcel N is not included in the pricing list because it is our recommendation that it be reserved for a headquarter or regional office project with significant employment.  The City and Chamber are actively marketing this project.

Notes:

1. Portions of Parcels A, B, C, E, I and O are within the 100-year flood elevation;
2. The preliminary routing of the Gateway Greenway will be located on Parcels C, H, J and N;
3. Parcel I may have slope issues. 
4. Parcel O will require removal of fill placed during the construction of Thompson Lane and addressing two apparent sinkholes. 
5. Parcels B, E and I will be required to contribute half of the cost of the North Access Road ($303/lf).
6. East-west connectivity from Parcels A, B and E to the North Access Road will be required at the developer’s expense.  This may be accomplished through dedication of a public street or cross-access easements and proper design of a drive;
7. The extension of utilities and sidewalk construction are at the expense of the developer.

These prices assume purchase of the entire parcel. The purchase of less than the full parcel will likely require a higher per square foot cost.