Laserfiche WebLink
<br />3/ zet/1iJoo <br /> <br />-- ~ <br /> <br />Comparison of Centre Pointe and Lawson Software <br /> <br /> Centre Pointe Veritas Lawson <br />Current Building SF 280,715 62,000 350,000 <br />New SF <br />- Approved SP 145,397 <br />- Expansion 115,000 <br />Current Est Employees 3,500 200 800-1000 <br />New Est Emp. 400 <br />- Approved 400 - 600 <br />- Expansion <br />TIP 14 mill* <br />Construction Value $75/sf $120+ per SF $53 mill Bldg <br /> $21 mill $31 mill $22 mill Parking <br />Taxes $250,000 orig <br /> $1.9 mill new <br /> <br />. The City of St Paul purchased the entire block for $14 million for the Lawson <br />Software Building which included 13 properties, 34 businesses, relocation & <br />demolition. The developer paid for 1/3 of that cost. The City also constructed a <br />municipal parking garage with 1,000 spaces. Lawson is obligated to make $5.50 per <br />SF in lease payments for 15 years and it is considered a bondable lease. The <br />developer will cover the lease payments if Lawson is in default. <br /> <br />.. <br />