Belmar Land & Infrastructure Costs Soft Costs $33,000,000 (Design, Entitlements, Overhead, Legal, Etc.) Hard Costs $30,000,000 (Demolition,

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Presentation transcript:

Belmar Land & Infrastructure Costs Soft Costs $33,000,000 (Design, Entitlements, Overhead, Legal, Etc.) Hard Costs $30,000,000 (Demolition, Streets, Utilities, Public Art, Etc.) Structured Parking $93,000,000 Total Land & Infrastructure $186,000,000

Belmar Land & Infrastructure Sources Public Finance Package $120,000,000 Continuum Investment $66,000,000 Total Land & Infrastructure $186,000,000 Public Finance Package includes: Tax Increment Financing Public Improvement Fee Offsite TIF Revenue Lodgers Tax