Cowan Elementary and Greer Elementary
New Classroom
Lease – Leaseback
Initial Project Cost | $4,131,000 |
Completion Cost | $3,699,000 |
Scheduled Completion Date | August 2016 |
Actual Completion Date | August 2016 |
Owner | SJUSD (916) 971-5796 |
Construction of a New Classroom approximately 4,300 SF including:
- Natural lighting
- Rain screen systems
- Rotating partition walls
- Green construction
- Modern classroom technology
This project was a Lease-Leaseback Delivery Method. The value of the Lease Agreement was $4,131,000. Returned to the Owner Unused/Saved project funds $432,000.