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ParSell Development Corp   ParSell Development Corp
 

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Dahlonega, GA 16,000 square foot
- New Construction Leased Project

This was a very unique development project in that the site had topo elevations changes in excess of 70 feet. We were challenged every step of the way, from the weather, environmental regulators, blasting and D.O.T. all helped make our job more difficult. The property had to be rezoned to commercial.

Originally bid at $400,000, the site work and D.O.T. ended up being over $758,000. Over 130,000 yards of dirt had to be moved off-site. A City street had to be built off the State Hwy to get to the Post Office. Because of some rule unknown to just about everyone, the City Street had to be built to D.O.T. specifications, nearly tripling the original estimate.

The rent originally estimated at $299,000 per year was increased to $399,000. For many Architects and Engineers with years of Postal experience this was the most difficult project they had ever been associated with.

Arris Construction was the Contractor on the job that started in July 1999 and was completed May, 2000, ahead of schedule. No added costs were attributed to the building, which was solely the responsibility of Arris.

As you can see from the photographs, this most unique post office has one of the best views of any post office in the southeast.

Land Purchase Price $610,000 5.65 acres+-

Building & Site

Improvement Costs $2,941,906 (not including soft costs and interest)

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© 2000 ParSell Development Corp.