Posted Mar 3, 2014, 4:57 PM
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Join Date: Nov 2001
Location: Atlanta, GA
Posts: 2,318
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Quote:
Originally Posted by arjay57
Kudos to Walgreens for that. Very nice!
Re the Olympia Building, if the net lot area is 10,225 sf and the FAR is .89, does that mean each floor has about 9,000 sf?
If so and they are using the basement and the two floors above ground, that makes for a substantial retail space.
According to Walgreens website, this is their typical store:
Total size: 14,530 square feet
Sales area: 11,261 square feet
Items for sale: 18,000
Employees: 20-25
Annual sales: $8.5 million This would be roughly twice that size! |
The FAR is really 2.0 (100% lot coverage on 2 above-ground floors). The only reason the plan says 0.89 is because they've calculated incorrectly and included 1/2 the adjacent ROW.
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