Sigma Nu - University of Kansas

Pre Campaign Feasibility Study Brochure

Nu Chapter of Sigma Nu at the University of Kansas

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8 Common Area - Three new common areas with access to shared sleeping quarters Underclassmen Barracks - Single and double bunk beds for 26 underclassmen Club-Style Locker - Lockable club-style wardrobe for storage of clothes and personal items— separate from sleeping quarters to lessen disruptions - Carpeted and wood-look, resilient flooring - Adjacent to resident lounge with easy access to showers and restrooms Restroom with Showers - Expand restroom and showers with upgraded finishes KANSAS UNIVERSITY Lawrence, KS 66044 WARDROBE/LOCKERS 4 4 3 3 1 3 2 1 1 1 1 INSPIRATION PHOTO INSPIRATION PHOTO INSPIRATION PHOTO INSPIRATION PHOTO THIRD FLOOR RENOVATION ESTIMATE: Demolition $18,720 New Work $205,008 Furnishings $50,000 Total $273,728 GENERAL CONDITIONS $675,682 (% of Demolition and New Work) Professional Design Services (10%) $91,283 Fundraising (9% of project) $196,448 Permits (0.5%) $4,564 General Requirements (12%) $109,539 Taxes, Insurance and Bonds (1%) $9,128 Overhead (5%) $45,641 Profit (4%) $36,513 Estimating/Construction Contingencies (20%) $182,566 DEBT ELIMINATION $600,000 TOTAL PROJECT $2,433,511 Project plans and cost estimates are subject to change. TOTAL RENOVATION ESTIMATE: Demolition $79,398 New Work $833,431 Furnishings $245,000 $1,157,829 1 2 3 4 THIRD FLOOR Debt Elimination – $600,000 Even with an extensive renovation, a 100-year-old home housing 78 men annually will have ongoing needs. Necessary updates to Stubbs Mansion's infrastructure, furniture, and flooring have cost over $350,000 these last 10 years. Eliminating the current $600,0000 mortgage will allow the corporation to address normal maintenance and what would be considered mid-term or 10-year costs—the capital expenditures that reoccur normally every 10 to 15 years. Examples include replacing furniture and fixtures in the common areas, rotational purchases of beds and desks, replacing all kitchen stock and equipment, exterior and interior painting, replacing common area flooring, and updating infrastructure when needed.

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