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-77- Square Foot Comparison Note: Figures are estimated and are intended to show an order of magnitude. The column entitled "Exhibition Areas" offers the best comparison of facilities because many of the facilities contain large collection storage areas in the Museum Support Areas. Exhibition Areas figures are listed in ascending order. [[5-column table]] Facilities | Exhibition Areas | Other Public Facility Areas | Museum Support Areas | Total Square Footage Cooper-Hewitt Museum | 11,000 | 2,000 | 48,000 * | 61,000 IBM Gallery, NYC | 13,000 | 4,500 | 3,000 | 20,500 Museum of the American Indian (existing) | | | | Museum Building | 15,300 | 400 | 24,300 | 40,000 Research Branch | 0 | 0 | 45,000 | 45,000 Library | 0 | 1,200 | 11,300 | 12,500 [[summation lines]] Subtotal | 15,300 | 1,500 | 80,600 * | 97,500 Renwick Gallery | 17,000 | 7,000 | 14,000 | 38,000 Custom House Program ** Heye Center | 28,050 | 10,050 | 18,825 | 56,925 HC/GSA | to be determined | 21,000 | 4,500 | 25,500 [[summation lines]] Subtotal | 28,050 | 31,050 | 23,325 | 82,425 National Museum of African Art | 24,500 | 11,500 | 71,500 * Sackler Gallery | 26,000 | 11,600 | 72,000 * | 109,600 Freer Gallery of Art | 32,000 | 10,500 | 25,500 * | 68,000 [[/5-column table]] * Includes collection storage areas. ** Figures include a "net to gross" factor of 1.5. Cost Ranges Note: Figures are estimated and intended to show an order of magnitude and are in FY '89 dollars. Total forecasted escalation factors for NYC construction is 7.8% in FY'90, 15.6% in FY'91, 19.7% in FY'92, 27.7% in FY'93, and 29.6% in FY'1994. These factors may be applied directly to the Construction Cost Range. [[3-column table]] Cost Items | Construction Cost Range | Building Operating Cost Initial Starting Costs | $15,000,000 to $18,000,000 | $350,000 | $5,700,000 *** Annual Continuing Costs | N/A | $2,000,000 **** | $4,600,000 [[/3-column table]] *** Includes $4,000,000 for exhibition installation and $1,700,000 for furnishing and equipment. **** Does not include GSA tenant fees which is subject to negotiation. 9 3-15-89 [[summation lines]] Subtotal | 15,300 | 1,600 | 80,600 * | 97,500 Renwick Gallery | 17,000 | 7,000 | 14,000 | 38,000 Custom House Program ** | | | | Heye Center | 28,050 | 10,050 | 18,825 | 56,925 HC/GSA | to be determined | 21,000 | 4,500 | 25,500 [[summation lines]] Subtotal | 28,050 | 31,050 | 23,325 | 82,425 National Museum of African Art | 24,500 | 11,500 | 71,500 * | 107,500 Sackler Gallery | 26,000 | 11,600 | 72,000 * | 109,600 Freer Gallery of Art | 32,000 | 10,500 | 25,500 * | 68,000 [[/5-column table]] * Includes collection storage areas. ** Figures include a "net to gross" factor of 1.5. Cost Ranges Note: Figures are estimated and intended to show an order of magnitude and are in FY '89 dollars. Total forecasted escalation factors for NYC construction is 7.8% in FY'90, 15.6% in Fy'91, 19.7% in FY'92, 27.7% in FY'93, and 29.6% in FY'1994. These factors may be applied directly to the Construction Cost Range. [[4-column table]] Cost Items | Construction Cost Range | Building Operating Cost | Museum Operating Program Costs Initial Starting Costs | $15,000,000 to $18,000,000 | $350,000 | $5,700,000 *** Annual Continuing Costs | N/A | $2,000,000 **** | $4,600,000 [[/4-column table]] *** Includes $4,000,000 for exhibition installation and $1,700,000 for furnishing and equipment. **** Does not include GSA tenant fees which is subject to negotiation. 9 3-15-89
