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Belmar Land & Infrastructure Costs. Land $30,000,000 Soft Costs $33,000,000 (Design, Entitlements, Overhead, Legal, Etc.) Hard Costs $30,000,000 (Demolition, Streets, Utilities, Public Art, Etc.) Structured Parking $93,000,000 Total Land & Infrastructure $186,000,000.
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Belmar Land & Infrastructure Costs Land $30,000,000 Soft Costs $33,000,000 (Design, Entitlements, Overhead, Legal, Etc.) Hard Costs $30,000,000 (Demolition, Streets, Utilities, Public Art, Etc.) Structured Parking $93,000,000 Total Land & Infrastructure $186,000,000
Belmar Land & Infrastructure Sources Public Finance Package $120,000,000 Continuum Investment $66,000,000 Total Land & Infrastructure $186,000,000 Public Finance Package includes: • Tax Increment Financing • Public Improvement Fee • Offsite TIF Revenue • Lodgers Tax