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COST ESTIMATES <br /> NEW MARKET GROCERY BUILDING <br /> ASSUMPTIONS: <br /> 1. Hazardous material removal is not included. <br /> 2 . The space is unoccupied by tenants during repairs. <br /> Replacement: 90,500 sq ft x $28/sq ft = $ 2,534, 000 <br /> Renovation Costs: <br /> 1. Remove old roof systems: $ 104, 075 <br /> 2 . Remove tectum deck: $ 41, 630 <br /> 3 . Install metal roof deck: $ 78, 056 <br /> 4 . Install new roof and flashing: $ 265,000 <br /> 5. Install roof drainage and <br /> tapered insulation: $ 19, 650 <br /> 6. Insulate walls and store fronts: $ 43, 625 <br /> 7 . Accessibility and Exits: $ 8, 500 <br /> 8 . Repair structural integrity of <br /> masonry walls: $ 93 , 840 <br /> 9. Provide connection of roof deck to <br /> masonry walls: $ 70, 265 <br /> 10. Repair interior fire walls: $ 2 , 000 <br /> 11. Replace deteriorated mechanical <br /> systems: $ 180, 000 <br /> TOTAL: $ 906, 641 <br /> Renovation cost as a % of replacement cost: 35. 8% <br />