Welcome Center Broadway

Conceptual Program and Draft Budget Targets

Assumptions
1. $4.2m in SBA funding

2. $1.3m to design/build

3. $1.65m to real estate
4. $1.3m operations/misc   
5. (4) main components

1

Welcome Diner

Highlights: Existing full-service restaurant. Primary scope of work to include expansion of kitchen capacity and addition of exterior patio to south of building.

Working Budget Targets

1. Welcome Diner - $1.7m

• $1.2m - real estate
• $400k - operations/mngmnt
• $100k - patio improvements

2

Wayback Bar

Highlights: New coffee bar adjacent to existing full-service restaurant. Primary scope of work to include addition of cafe space along south of building.

Working Budget Targets

2. Wayback Bar - $300k

• $100k - operations/mngmnt
• $200k - improvements

3

Site SW Corner

Highlights: Existing approx 3/4 acres vacant land ready for improvement. Primary scope of work to include site work and prep for programmed gathering space and boutique hospitality concept.

Working Budget Targets

3. Site SW Corner - $1.0m

• $200k - real estate
• $800k - improvements

4

Site SE Corner

Highlights: Existing approx 1/2 acres semi-vacant land ready for improvement. Primary scope of work to include site work and prep for auto/recreational space that serves concepts across the site.

Working Budget Targets

4. Site SE Corner - $450k

• $250k - real estate
• $200k - improvements