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MXD Proposal, Scenario 2-A:Phase 1: Hotel

Schedule W: Development Cash Flow

Annual

costs exc. future const.int. 1991
COSTS  
Field Expense  
Land Development  
Building Cost 18,190,165
Tenant Improvements  
Architecture & Engineering 1,406,000
Elevator/Escalator  
Furniture & Equipment 3,441,000
Misc. Administration 2,379,000
Dev. Costs Expensed  
Grants & Reimbursements  
Contingency 1,569,000
Land  
Financing Fees 391000
Total 27,376,165



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