Town bought former bank site, parking lot for use as office space
By Kim Walter -- email@example.com
FRONT ROYAL -- ECS Mid-Atlantic, the engineering firm that conducted an inspection of the former BB&T building on Main Street, has estimated total repair costs at more than $420,000.
The renovations will be paid for over the next 10 years.
The building, at 102 E. Main St., was recently purchased by the town to use as office space for different governmental departments. The building and a parking lot cost $1.11 million.
ECS, in the "property condition assessment," listed several repairs that needed attention immediately. These include repairs to sidewalks, the chimney cap, and shingled roofing. The firm also recommended renovations to restrooms on the second floor of the building, and estimated that cost at $50,000.
Some repairs were listed as needing to be dealt with in the next year. A sprinkler system needs to be installed throughout the building, with estimated costs at $65,000. ECS also projected a total cost of $124,920 for "interior finishes of common areas."
While some issues could be repaired quickly, ECS noted that later on things will have to be replaced. For example, the asphalt shingled roofing repair cost is estimated at $1,000, but replacement of the roofing would need to happen at some point over the next 10 years. Replacement costs are estimated at $12,000.
Town Manager Steve Burke said the town will focus on several renovations that take top priority, including the roof, air conditioning unit, and installation of elevators. ECS estimated the cost of the elevators at $200,000.
In the inspection report, ECS said "The current electrical service will not provide the proper amperage for a new elevator. Due to the age of the service and the expected installation of a new elevator, we recommend that the main electrical service be replaced."
According to Burke, the estimated costs are conservative.
"We realize that construction costs will be less than what was projected," he said.
Funding for the renovations are to come through an internal loan from the town's electric fund balance.
"The renovations will provide a functional, accessible and presentable building," Burke said.