MACH. RM
133
EXISTING CRAWLSPACE
FILL
FILL
7/1/2019
3:04:51
PM
1/8" = 1'-0"
1
BASEMENT
THIRD FLOOR
• Chapter room
• Head table conference room
• Ritual storage room
DN
DN
DN
CHAPTER ROOM
374
FIRE STAIR
375
FIRE STAIR
376
RITUAL STOR.
377
CHAPTER ROOM
LOBBY
378
EXEC. CONF. ROOM
379
JAN.
380
ATTIC ACCESS/STOR.
135
PROJECT NO.
CHECKED BY:
DRAWN BY:
PryorMorrow PC
C
2019 Copyright
SCALE:
PryorMorrow
DESIGN
DEVELOPMENT
NOT FOR
CONSTRUCTION
1/8" = 1'-0"
2017161
TS
MT
THIRD FLOOR PLAN
(NOTED/FINISH)
A1.8
SIGMA
CHI
RENOVATION
(UM)
(Oxford,
Mississippi)
The
University
of
Mississippi
HOUSE
CORPORATION
-
SIGMA
CHI
MARK
DA
T
E
DE
S
CRIPT
IO
N
SD
SCHEM
AT
IC
D
ES
IGN
1/8" = 1'-0"
1
THIRD FLOOR PLAN
ATTIC
BASEMENT
• Renovated basement
• Walkout/daylight
basement opening to
outside courtyard
7
"I believe this project is important for the future
of Eta Chapter, because the men of Eta Chapter
are doing their part to recruit young men that
will uphold e Jordan Standard. We need to do
our part to provide the chapter with a first-class
house that they can call home; a home that will
provide new living areas, study areas, and for the
first time, a true chapter room where the men of
Eta Chapter can carry out the Sigma Chi rituals."
– Chris Newcomb '89, Campaign Chairman
CURRENT RENT
Two student room $1,700/semester
Private room $3,400/semester
CURRENT ANNUAL REVENUE 2019 (Occupancy 32)
32 double occupany $1,700/semester $108,800
Average annual dues $1,150,000
Total Revenue $1,258,800
FUTURE RENT '20‐'21
Two student room $2,900/semester
Private room $5,800/semester
PROJECTED REVENUE AFTER COMPLETION OF PROJECT
(Occupancy 54)
48 double occupancy $2,900/semester $278,400
Average annual dues $1,150,000
Total Annual Revenue $1,428,400
Expected Annual Expenses -$828,000
Financing: $3,500,000 at 6% -$210,000
Additional revenue after renovation and
occupancy $278,400
Additonal surplus post 2020 academic year $600,400
Total Project Cost $6,500,000
