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Building Development Costs definition

Building Development Costs means those construction costs as declared on building permit applications, and as accepted by the Building Official. Building permit applications shall include building, plumbing, mechanical and electrical permit applications for the project.
Building Development Costs means those construction costs as declared on all building permit applications, and as accepted by the Building Official. Building permit applications shall include, but not be limited to, all building, plumbing, mechanical and electrical permit applications for the project.
Building Development Costs means construction costs, including grading and landscaping costs, for new private developments that do not include costs for hazardous materials abatement, land use planning consultants, feasibility studies, environmental review, land acquisition, legal fees, architecture/engineering, construction management, geotechnical surveys, historical surveys, and demolition. For public developments, "building development costs" means public construction costs that do not include costs for park and landscape renovation projects; pipelines, power transmission lines and towers, switchyards and substations, dwellings in watershed areas; mechanical, plumbing and electrical system upgrades; seismic or structural upgrades; modifications for disabled access, unless occurring in conjunction with a new building construction. "Building development costs" for public developments shall include costs for bridges and overpasses, but shall not include costs for other transportation improvement projects.

Examples of Building Development Costs in a sentence

  • Regardless of which of the three options the Private Developer chooses to satisfy the 1% Private Development art contribution requirement (i.e. On-Site Art, in-lieu contribution fee, or Designated Public Art Space), five percent (5%) of the required Private Development art contribution amount (i.e. 5% of 1% of the Building Development Costs) shall be paid to the City as an administrative costs fee.

  • Private residential building developments of twenty (20) or more new dwelling units shall devote an amount not less than one percent (1%) of Building Development Costs for acquisition and installation of Publicly Accessible Art on the development site.

  • Private nonresidential building developments involving Two Thousand (2,000) square feet or more of new floor area shall devote an amount not less than one percent (1%) of Building Development Costs for acquisition and installation of Publicly Accessible Art on the development site.

  • Pursuant to MMC Section XI-10-14, private residential development of 20 or more dwelling units shall devote an amount not less than one-half of one percent of Building Development Costs for acquisition and installation of Publicly Accessible Art on the project site or contribute the value into the Public Art Fund for acquisition and placement of Public Art throughout the City.

  • For purposes of budgeting and planning for On-Site Art, an initial estimate of the On-Site Art contribution shall be calculated based on estimated Building Development Costs at the time of application for entitlements.

  • A Private Developer may satisfy the requirements of this Chapter by constructing or installing On-Site Art valued at 1% of the Building Development Costs of the applicable Private Development project, adjusted as described in subsection (2) below.

  • Education Resources £0.2m no covid relief claimed Building Development Costs £0.2mAdditional Staff costs including agency costs of interim cover and additional resource to cover significant building projects and PFI arrangements.

  • Private nonresidential building developments involving Two Thousand (2,000) square feet or more of new floor area shall devote an amount not less than one half of one percent (0.5%) of Building Development Costs for acquisition and installation of Publicly Accessible Art on the development site.

  • The On-Site Art contribution shall be finally determined based on the Building Development Costs determined at the time the building permit application for the Private Development project is submitted.

  • The Project shall incorporate a public art work component to the satisfaction of the Planning and Director and the Parks, Recreation, and Cultural Resources Commission or provide a Public Art Program In-Lieu Contribution to the Public Art Fund of not less than one-half of one percent of Building Development Costs to be paid at building permit issuance.


More Definitions of Building Development Costs

Building Development Costs means those construction costs as declared on all building permit applications for new construction, and as accepted by the Chief Building Official, but shall not apply to costs solely attributable to tenant improvements. Building permit applications shall include, but not be limited to, all building, plumbing, mechanical and electrical permit applications for the project.
Building Development Costs means the construction costs as declared on all Private Development project building permit applications, and as accepted by the City’s Building Official, but shall not include costs solely attributable to design fees, land acquisition costs or the cost of off-site improvements required as a condition of approval. Costs incurred and/or attributed to compliance with the identification and/or mitigation of seismic hazards, environmental conditions, including hazardous or toxic materials, or retrofitting for solar energy or other energy-saving facilities relating to existing structures shall not be included in calculating a project's Building Development Costs. In the case of phased projects, the Building Development Costs of the project for purposes of this Chapter shall be determined based upon the total projected costs for all phases combined, but will be payable prior to issuance of building permits.
Building Development Costs means those construction costs as declared on all building permit applications, and as accepted by the Building Official.
Building Development Costs means those construction costs as declared on all building permit applications for new construction as determined by the City Building Official.
Building Development Costs means those construction costs as declared on all building permit applications for construction as determined by the City Building Official.

Related to Building Development Costs

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

  • Building Operating Expenses means the portion of “Operating Expenses,” as that term is defined in Section 4.2.7 below, allocated to the tenants of the Building pursuant to the terms of Section 4.3.1 below.

  • Public improvement costs means the costs of:

  • Building Project means the aggregate combined parcel of land on a portion of which are the improvements of which the Premises form a part, with all the improvements thereon, said improvements being a part of the block and lot for tax purposes which are applicable to the aforesaid land.

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

  • Total Development Cost means the total of all costs incurred in the completion of a Development, all of which shall be subject to the review and approval by the Credit Underwriter and the Corporation pursuant to this rule chapter, and as further described in Rule 67-48.0075, F.A.C.

  • Common Area Operating Expenses are defined, for purposes of this Lease, as all costs incurred by Lessor relating to the ownership and operation of the Industrial Center, including, but not limited to, the following: (i) The operation, repair and maintenance, in neat, clean, good order and condition, of the following:

  • Redevelopment project means a specific construction project

  • Project area budget means a multiyear projection of annual or cumulative

  • Tenant Improvements Defined in Exhibit B, if any.

  • Minimum Improvements means the acquisition of land and construction of a 152-unit market rate residential apartment building, construction of a stormwater pond and related improvements. The Minimum Improvements are more fully depicted in Exhibit B, which is attached hereto and incorporated herein.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Redevelopment Area means the community redevelopment area described, defined or otherwise identified or referred to in the Redevelopment Plan.

  • Development Project means a project for the development of land within a project area.

  • Tenant Improvement Allowance in the maximum amount of $200.00 per rentable square foot in the Premises, which is included in the Base Rent set forth in the Lease; and

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.

  • Project Improvements means site improvements and facilities that are:

  • Building Work has the meaning given to it in section 6 of the Building and Construction Industry (Improving Productivity) Act 2016 (Cth);

  • Project Expenses means usual and customary operating and financial costs. The term does not include extraordinary capital expenses, development fees and other non-operating expenses.

  • Tenant Improvement Work means the construction of the Tenant Improvements, together with any related work (including demolition) that is necessary to construct the Tenant Improvements.

  • Building Common Areas means with respect to the Tower, the areas, facilities and amenities specified in Schedule [E] which are to be used and enjoyed in common with all the other Apartment Acquirers of the Units in the Building; and

  • Project Costs means the costs of the construction, acquisition or equipping of the Project, as further described in the Project Budget, and such other costs as may be approved in writing by the Department, provided such costs are permitted by the Act.

  • Development Area means that area to which a development plan is applicable.

  • Maximum medical improvement means a point in time when any medically