Park Corridor Costs

Park Corridor Costs

Below is a list of costs associated with construction of a "Park Corridor" in East St. Louis.

Before construction can begin a considerable amount of demolition will have to take place. There are around 100 houses on various lots in the proposed site. These houses will need to be demolished. Any hazardous materials will need to be removed from the site as well.

Rental of backhoes, grading equipment, and dump trucks will cost roughly $45,000. The estimates are based on weekly rental fees.

Once the site has been cleared and graded a considerable amount of grass seed will need to be planted. The approximate area of the park will be around 5x3 miles, therefore a large amount of total costs is seen here.

Much of the costs associated with this project will be used in purchasing and planting the 1,000's of trees. More small trees will be purchased at a lower price to keep costs down as much as possible.

A visitor center will need to be constructed for the park. This is estimated to cost around $27,000. It will be used for park information as well as rentals of bikes, binoculars, and in-line skates.

It is figured that the park will need a total of 5 pavilions for visitors to use. These are estimated at $7,000 a peice.

A considerable amount of fencing is also likely to be necessary. It is estimated at $5.00 a foot.

Finally, it is necessary to note the running costs of the park. These costs are quite large which should be expected with a park of this size. Each trash can will be emptied twice a week for 52 weeks. This computes to $62,400 for trash pickup a year. Landscape maintenance will be continual and fairly expensive. Full-time wages are $21,000 a year for10 people while part-time wages are found by paying 15 employees a salary of $6.00 an hour for 20 hours a week and 120 days out of the year.

TOTAL COSTS= $8,550,063

IMMEDIATE COSTS	Unit Cost		# of Units	Total Cost

*Site Preparation*
Demolition of houses	$10,000		100	$1,000,000
Demolition disposal (general)	$60,000		1	$60,000
Contingent hazardous waste disposal (asbestos, etc.)	$50,000		1	$50,000

*Construction*
Equipment rental for excavation (backhoes)	$1,650	/ wk.	8	$13,200
Equipment rental for grading (skid steers)	$940	/ wk.	12	$11,280
Equipment rental, dump trucks	$680	/ wk.	24	$16,320
Topsoil	$50	/ton	10000	$500,000
Seed grass, commercial blend	$415	/1000 sq.ft.	3,000	$1,245,000
Sidewalk installation (5ft. wide)	$13	/ln. ft.	17,550	$232,538
Small trees and shrubs	$50		50,000	$2,500,000
Large trees (2"+)	$200		5,000	$1,000,000
Herbaceous plants	$4		35,000	$140,000
Visitor center	$1		27,000	$27,000
Pavilions	$7,000		5	$35,000
Mulch (for landscaping and paths)	$25	/cy.	500	$12,500
Signs (informational, locational, mile markers)	$100		100	$10,000
Fencing	$5	/ft	15,000	$75,000
Trash can	$40		200	$8,000
Lighting	$250		125	$31,250
Benches	$250		25	$6,250
Bicycles	$150		35	$5,250
In-line skates	$80		30	$2,400
Binoculars	$75		25	$1,875

		*Total Immediate Costs=*		$6,982,863



LONG TERM COSTS (annually)	Unit Cost		# of Units	Total Cost

Trash collection	$600	twice/week	104	$62,400
Landscape maintenance (planting, tools, gas, mowing, etc.)	$1,200,000	per yr	1	$1,200,000
Full-time wages	$21,000	per yr	10	$210,000
Part-time wages	$4,320	per yr	15	$64,800
Miscellaneous operating expenses	$30,000	per yr	1	$30,000


		*Total Long Term Costs=*		$1,567,200