Renovations recommended have been organized in 4 categories.
Minor: Aesthetic repairs only – new carpet, ceiling tiles, paint finish, new light fixtures. No structural, roofing or exterior wall work in included.
Moderate: Renovation of 50% of the building area including demolition of existing partitions and MEP distribtuion devices, installation of new HVAC devices, no new front-end equipment or distribution systems, no structural changes, no roofing, no substantial exterior wall work.
Major: Complete renovation including demolition of existing partitions and MEP distribution systems and devices, and installation of new, no new front-end equipment, minor structural, no roofing, minor exterior wall work.
Demolition: Complete demoltion of building, replaced with grass
The first three categories may be further classified as a Realignment Renovation. This designation indicates that the renovation, whether minor, moderate, or major, is the Based on these categories, construction cost budgets are given below. The budget estimates are made in 2004 Dollars. Historically, annual construction costs escalate at a rate of approximately 6%. Therefore, an escalation factor of 6% should be added for each year until the renovation is performed.
