RENOVATION & REUSE PLANNING FOR HISTORIC DEPOT / LOT

1

September 26, 2017 City Council Meeting

2

Request:

Provide direction to staff on a planning process for the renovation and reuse of the Historic Train Depot and City-owned Depot Lot in Downtown Novato

3

4

Site Area = 0.9 acres

Millworks Building

NovatoGlass

Whole Foods

Dr. I’s Coffee

5

6

Depot Building Restoration Cost Estimate by Saylor

Direct Construction Costs $202,009

10% General Conditions $ 20,201

30% Contingency $ 60,603

5% Escalation $ 10,100

2% Bonds / Insurance $ 5,858

10% Contractor Mark-Up $ 29,291

Total Construction Costs $328,063

20% Architecture / Engineering $ 65,000

Misc. Site Mitigation $ 30,000

Approximate Cost: $423,063 or $660/sf

7

• Initial Site Analysis

• Community Outreach

• Feasibility Evaluation

• Property Reuse Options/Concept Developmento Historic building restoration/adaptive reuse

o Additional site improvements/development

• Financial Considerations/Funding

• Council Selection of Preferred Option(s)

8

❖ Invested community members/caretakers of the Depot Building

❖ DNBA, Downtown businesses & neighbors

❖ Citywide outreach: onsite, charrettes, surveys, noticing, social media, webpage

9

Proposed $25,000 from Phase 3 Budget Funds

QUESTIONS/DISCUSSION