NSH Development Cost Revenue TablesNorthampton State Hospital
The Village at Hospital Hill – Full Development Program
Total Private and Public Project Development Costs Development Type Improvements
Square Feet/Units Projected
Value Light Industrial 175,000 $14,457,000 Office 164,000 $17,624,000 Mixed-Use 106,000 $11,392,000 Retail 31,000 $2,732,000 Assisted Living 120,000 $20,040,000 Other Residential 207
units $32,770,000 Private Development Costs $99,015,000 Public Site Preparation Costs North and South Campus $28,000,000 TOTAL DEVELOPMENT COSTS $127,015,000
The Village at Hospital Hill
Commercial Development Program / Annual Tax Revenue Projections Location Development Type Square
Feet $/SF Cost Projected
Building Value Land Value Total Value Projected Tax Revenue
Revenue SOUTH
CAMPUS Light Industrial 175,000 $75 $13,125,000 $1,332,000 $14,457,000 $185,772 Office 54,000 $100 $5,400,000 $402,840 $5,802,840 $74,566 Mixed-Use 75,000 $100 $7,500,000 $560,250 $8,060,250 $103,575 Retail 20,000 $80 $1,600,000 $162,600 $1,762,600 $22,650 South
Campus Total 324,000 $27,625,000 $2,457,690 $30,082,690 $386,563 NORTH
CAMPUS Office 110,000 $100 $11,000,000 $821,160 $11,821,160 $151,902 Mixed-Use 31,000 $100 $3,100,000 $231,750 $3,331,750 $42,813 Retail 11,000 $80 $880,000 $89,400 $969,400 $12,456 North
Campus Total 152,000 $14,980,000$14,980,000 $1,142,310 $16,122,310 $207,171 TOTAL 476,000 $42,605,000 $3,600,000 $46,205,000 $593,734