City of Raleigh Development Fee Schedule

35 Important Points • The BVD is not intended to apply to alterations or repairs to existing buildings. Because the scope of alterations or repairs to an existing building varies so greatly, the Square Foot Construction Costs table does not reflect accurate values for that purpose. However, the Square Foot Construction Costs table can be used to determine the cost of an addition that is basically a stand-alone building which happens to be attached to an existing building. In the case of such additions, the only alterations to the existing building would involve the attachment of the addition to the existing building and the openings between the addition and the existing building. • For purposes of establishing the Permit Fee Multiplier, the estimated total annual construction value for a given time period (1 year) is the sum of each building’s value (Gross Area x Square Foot Construction Cost) for that time period (e.g., 1 year). • The Square Foot Construction Cost does not include the price of the land on which the building is built. The Square Foot Construction Cost takes into account everything from foundation work to the roof structure and coverings but does not include the price of the land. The cost of the land does not affect the cost of related code enforcement activities and is not included in the Square Foot Construction Cost. Square Foot Construction Costs a, b, c Group (2015 International Building Code) IA IB IIA IIB IIIA IIIB IV VA VB A-1 Assembly, theaters, with stage 229.26 221.37 216.01 207.16 194.94 189.29 200.61 178.00 171.48 A-1 Assembly, theaters, without stage 210.11 202.22 196.86 188.01 175.94 170.29 181.46 158.99 152.48 A-2 Assembly, nightclubs 179.28 174.08 169.68 162.81 153.48 149.24 157.08 138.97 134.26 A-2 Assembly, restaurants, bars, banquet halls 178.28 173.08 167.68 161.81 151.48 148.24 156.08 136.97 133.26 A-3 Assembly, churches 212.12 204.22 198.87 190.01 178.14 172.49 183.47 161.20 154.68 A-3 Assembly, general, community halls, libraries, museums 176.94 169.04 162.69 154.83 141.96 137.30 148.28 125.01 119.50 A-4 Assembly, arenas 209.11 201.22 194.86 187.01 173.94 169.29 180.46 156.99 151.48 B Business 182.98 176.21 170.40 161.91 147.69 142.14 155.55 129.66 123.97 E Educational 194.27 187.38 182 .00 173.88 162.37 154 .12 167.88 141.89 137.57 F-1 Factory and industrial, moderate hazard 109.64 104.60 98.57 94.77 85.03 81.17 90.78 71.30 66.75 F-2 Factory and industrial, low hazard 108.64 103.60 98.57 93.77 85.03 80.17 89.78 71.30 65.75 H-1 High Hazard, explosives 102.63 97.58 92.55 87.75 79.22 74.36 83.76 65.48 N.P. H234 High Hazard 102.63 97.58 92.55 87.75 79.22 74.36 83.76 65.48 59.94 H-5 HPM 182.98 176.21 170.40 161.91 147.69 142.14 155.55 129.66 123.97 I-1 Institutional, supervised environment 183.95 177.72 172.57 165.30 152.29 148.15 165.39 136.43 132.19 I-2 Institutional, hospitals 307.93 301.16 295.35 286.86 271.68 N.P. 280.50 253.65 N.P. I-2 Institutional, nursing homes 213.36 206.59 200.78 192.29 179.07 N.P. 185.93 161.04 N.P. I-3 Institutional, restrained 208.19 201.43 195.62 187.12 174.39 167.85 180.76 156.37 148.68 I-4 Institutional, day care facilities 183.95 177.72 172.57 165.30 152.29 148.15 165.39 136.43 132.19 M Mercantile 133.57 128.37 122.97 117.10 107.27 104.03 111.38 92.75 89.05 R-1 Residential, hotels 185.63 179.39 174.24 166.97 153.72 149.58 167.06 137.86 133.61 R-2 Residential, multiple family 155.74 149.50 144.35 137.09 124.57 120.43 137.17 108.71 104.47 R-3 Residential, one- and two-family d 145.23 141.28 137.64 134.18 129.27 125.87 131.94 120.96 113.85 R-4 Residential, care/assisted living facilities 183.95 177.72 172.57 165.30 152.29 148.15 165.39 136.43 132.19 S-1 Storage, moderate hazard 101.63 96.58 90.55 86.75 77.22 73.36 82.76 63.48 58.94 S-2 Storage, low hazard 100.63 95.58 90.55 85.75 77.22 72.36 81.76 63.48 57.94 U Utility, miscellaneous 78.63 74.24 69.76 66.20 59.84 55.88 63.23 47.31 45.09 a. Private Garages use Utility, miscellaneous b. For shell only buildings deduct 20 percent c. N.P. = not permitted d. Unfinished basements (Group R-3) = $21.00 per sq. ft. 35

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