Current and Projected Timeline (as of 4/24/21):
What We've Done So Far:
- November 2019 | $259,300 was committed for 24 months by 37 families
- May 2020 | Purchased 2.45 acre parcel for $220,000 (assessed at $320,000)
- October 2020 | Site Plan submitted to Stafford County
- November 2020 | Conditional Use Permit (CUP) submitted to Stafford County
- December 2020 | Steel order placed for May 28, 2021 arrival
- December 2020 | Building Plan submitted to Stafford County
- January 2021 | $150,000 investment to help with site work or paying off land
What's Next:
- January-April 2021 | Lending and permitting secured to begin site work/construction
- February 24: First Public Hearing - Passed
- April 20: Second Public Hearing - Passed
- May 10: Closing on Construction Loan
- May 28: Steel Delivered
- May -December 2021 | Construction
- January 2022 | Move-in
Pre-Construction Costs:
- Feasibility Study | $7,960.50 of $7,960.50
- Land Purchase | $5,053.75 of $220,000.00
- Architectural Fees | $76,053.86 of $97,000.00
- Civil Engineering and Site Work Fees | $43,237.47 of $54,642.70
- Stafford County Fees | $24,035.17 of $39,000.00
- FF&E | $56,377.00 of $137,000.00
- Construction Loan Closing Costs | TBD
- Total Paid | $212,717.75 of $555,603.20 (38%)
Capital Campaign Commitments:
- 48 Commitments (+11 since start of the campaign)
- Total Given | $195,625.11 of $263,200.61 (66%)
Next Steps:
- Receive CUP. This is the permit needed before site plan and building plan second reviews and permitting.
- Lending secured. Closing is projected for April 21, 2021 on construction loan. Our attorney is reviewing the loan documentation.
This is a potential image of a playground.