What Corcoran executives say it would cost to renovate and remain on 17th Street NW.
Total project cost: $130 million
What Corcoran executives say it would cost to renovate and remain on 17th Street NW.
Total project cost: $130 million
Construction: $102,178,268
Design and engineering: Approximately 30% of construction costs
Total gross square footage: 176,170
Total usable square footage: 129,010
Cost per usable square foot: $1,008
Three construction phases over four years:
First phase: $61,986,807
Sample work:
●New roof and skylights over the Clark wing ($11 million)
●Sprinkler system ($28 million)
●Upgrade heating, ventilation and air conditioning (HVAC)
●Upgrade retaining wall on 17th Street NW
●Replace original elevators
Second phase: $12,230,811
Sample work:
●Americans with Disabilities Act access upgrades
●Data, fiber optic and telecommunications installation
Third phase: $27,960,650
Sample work:
●Demolish and rebuild college space
●Restore public gallery spaces
●Build art storage
— Compiled by David Montgomery
Sources: Corcoran Gallery of Art; Stuart-Lynn Co.
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