hard rock park abs
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8/13/2019 Hard Rock Park ABS
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H a r d R o c k P a r k | M y r t l e B e a c h , S o u t h C a r o l i n a
Worldss First Hard Rock Brand Theme Park
Masterplanning, Architecture, Interiors
and Area Development Concept
Rock & Roll experience
World Famous Hard Rock brand
E X P E R I E NR O C K N R O L L T H E M E P A R K
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8/13/2019 Hard Rock Park ABS
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E X P E R I E N CR O C K N R O L L T H E M E P A R K
H a r d R o c k P a r k | M y r t l e B e a c h , S o u t h C a r o l i n a
Worldss First Hard Rock Brand Theme Park
Masterplanning, Architecture, Interiors
and Area Development Concept
Rock & Roll experience
World Famous Hard Rock brand
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8/13/2019 Hard Rock Park ABS
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H a r d R o c k P a r k | A r e a D e v e l o p m e n t| M y r t l e B e a c h , S o u t h C a r
Masterplanning and Area Development Design
Architecture, Interiors & Show/Ride Coordination
Worldss First Hard Rock Brand Theme Park
Rock & Roll experience
World Famous Hard Rock brand
E X P E R I E NR O C K N R O L L T H E M E P A R K
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8/13/2019 Hard Rock Park ABS
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H a r d R o c k P a r k | A r e a D e v e l o p m e n t| M y r t l e B e a c h , S o u t h C a r
Masterplanning and Area Development Design
Architecture, Interiors & Show/Ride Coordination
Worldss First Hard Rock Brand Theme Park
Rock & Roll experience
World Famous Hard Rock brand
E X P E R I E NR O C K N R O L L T H E M E P A R K
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8/13/2019 Hard Rock Park ABS
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E X P E R I E N CR O C K N R O L L T H E M E P A R K
H a r d R o c k P a r k | A l l A c c e s s | M y r t l e B e a c h , S o u t h C a r o l i n a
Masterplanning and Area Development Design
Architecture, Interiors & Show/Ride Coordination
Worldss First Hard Rock Brand Theme Park
Rock & Roll experience
World Famous Hard Rock brand
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E X P E R I E N CR O C K N R O L L T H E M E P A R K
H a r d R o c k P a r k | R o c k n R o l l H e a v e n | M y r t l e B e a c h , S o u t h C
Worldss First Hard Rock Brand Theme Park
Masterplanning, Architecture, Interiors
and Area Development Concept
Rock & Roll experience
World Famous Hard Rock brand
-
8/13/2019 Hard Rock Park ABS
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E X P E R I E N CR O C K N R O L L T H E M E P A R K
H a r d R o c k P a r k | B r i t i s h I n v a s i o n | M y r t l e B e a c h , S o u t h C a r o
Masterplanning and Area Development Design
Architecture, Interiors & Show/Ride Coordination
Worldss First Hard Rock Brand Theme Park
Rock & Roll experience
World Famous Hard Rock brand
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8/13/2019 Hard Rock Park ABS
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H a r d R o c k P a r k | B o r n i n t h e U S A | M y r t l e B e a c h , S o u t h C a r o
Architecture, Interiors & Show/Ride Coordination
Masterplanning and Area Development Design
Worldss First Hard Rock Brand Theme Park
Rock & Roll experience
World Famous Hard Rock brand
E X P E R I E N CR O C K N R O L L T H E M E P A R K
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8/13/2019 Hard Rock Park ABS
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E X P E R I E N CR O C K N R O L L T H E M E P A R K
H a r d R o c k P a r k| C o o l C o u n t r y | M y r t l e B e a c h , S o u t h C a r o l i n
Masterplanning and Area Development Design
Architecture, Interiors & Show/Ride Coordination
Worldss First Hard Rock Brand Theme Park
Rock & Roll experience
World Famous Hard Rock brand
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8/13/2019 Hard Rock Park ABS
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H a r d R o c k P a r k | I n t e r i o r s | M y r t l e B e a c h , S o u t h C a r o l i n a
Architecture, Interiors & Show/Ride Coordination
Masterplanning and Area Development Design
Worldss First Hard Rock Brand Theme Park
Rock & Roll experience
World Famous Hard Rock brand
E X P E R I E N CR O C K N R O L L T H E M E P A R K
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$Soft Costs 10,290,000
GC/AC Costs 99,910,096
Ride Purchases 40,606,377
Other Construction 20,811,094 TOTAL DEVELOPMENT COST 171,617,567
Owner Furnished Items 792,604
Operations FF&E 5,120,929
Pre-Opening Costs & Labor 38,618,900 TOTAL OTHER COSTS 44,532,433
Transaction Expenses 17,900,000
Net Capitalized Interest Reserve 65,653,429 TOTAL FINANCING COSTS 83,553,429
GMP Construction Reserve 7,359,144 Development Reserve 11,987,427
Land & Building Costs & Value 48,138,300
TOTAL PROJECT BUDGET 367,188,300
CAPITAL COST
$ - Design 9,300,000 - Permits, Licenses & Utilities 990,000
Soft Costs 10,290,000
- Civil & Area Development 24,542,270 - Entry Plaza 7,908,880 - Themed Area 1 10,685,263 - Themed Area 2 9,750,651 - Mall 3 12,947,491
- Themed Area 3 10,813,236 - Cool Country 6,758,943 - General Conditions 16,503,362
GC/AC 99,910,096
Ride Purchases & Installation 40,606,377
SHOW & RIDE NON TC SETS 1,875,000 SHOW & RIDE SPECIAL LIGHTING 906,250 SHOW & RIDE SPECIAL EFFECTS 2,724,500 SHOW & RIDE CONTROL SYSTEMS 1,403,550 RIDE - AUDIO VIDEO 655,000 FACILITY - AUDIO VIDEO 5,023,179 FACILITY - ENTRY SIGNAGE 250,000 FACILITY - CARTS & KIOSKS 912,700 FACILITY - POS 747,500 FACILITY - KITCHEN EQUIPMENT 5,313,415 ENTERTAINMENT - SPECIAL EVENTS - ENTERTAINMENT - DISCOVERIES 1,000,000 Other Construction Costs 20,811,094
$GMP Construction Reserve 7,359,144 Development Reserve 11,987,427 Total Project Contingency 5.6% 19,346,571
TOTAL CONTINGENCY
CONSTRUCTION COSTS
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RULES of THUMB New Development ~ New US Theme Parks Disneys California Adventure
Year Opened: 2001Estimated Attendance: 7.0 millionPark Visitor Area: 55 acres 22 hectareEstimated Replacement Cost: $1.4 billionReplacement Cost Ratio: Cost Per Attendee $200 Cost Per Acre $25.5 million
Jazzland Year Opened: 2000Estimated Attendance: 1.1 million
Park Visitor Area: 50 acres 20 hectareEstimated Replacement Cost: $121 millionReplacement Cost Ratio:
Cost Per Attendee $110 Cost Per Acre $2.4 million
Discovery Cove at Seaworld Year Opened: 2000Estimated Attendance: .3 millionPark Visitor Area: 30 acres 12 hectare 121,405 square metres
Estimated Replacement Cost: $150 millionReplacement Cost Ratio:
Cost Per Attendee $500 Cost Per Acre $5 million
Legoland California Year Opened: 1999Estimated Attendance: 1.7 millionPark Visitor Area: 93 acres 37 hectareEstimated Replacement Cost: $200 millionReplacement Cost Ratio:
Cost Per Attendee $118 Cost Per Acre $2.2 million
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Universals Islands of Adventure Year Opened: 1999Estimated Attendance: 6 millionPark Visitor Area: 80 acres 32 hectareEstimated Replacement Cost: $1,000 millionReplacement Cost Ratio: Cost Per Attendee $167 Cost Per Acre $12.5 million
Disneys Animal Kingdom Year Opened: 1998Estimated Attendance: 8.6 millionPark Visitor Area: 200 acres 81 hectareEstimated Replacement Cost: $950 millionReplacement Cost Ratio: Cost Per Attendee $110
Cost Per Acre $4.8 million
Six Flags Fiesta Texas Year Opened: 1992Estimated Attendance: 2.5 millionPark Visitor Area: 75 acres 30 hectareEstimated Replacement Cost: $255 millionReplacement Cost Ratio:
Cost Per Attendee $104
Cost Per Acre $3.4 million
Universal Studios Florida Year Opened: 1990Estimated Attendance: 8.1 millionPark Visitor Area: 100 acres 40 hectareEstimated Replacement Cost: $970 millionReplacement Cost Ratio:
Cost Per Attendee $120 Cost Per Acre $9.7 million Replacement Cost Per Attendee Average - $121Replacement Cost Per Acre Average - $5.8 million.
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