A preliminary cost analysis has been completed for the Emeryville Center of Community Life project on the AC Transit site based on general assumptions regarding land acquisition and construction costs. The analysis looks at two different project options – an all new construction project and a combination rehabilitation/new construction project. The total cost of the all new construction project, including the future community theatre, is projected to be approximately $183 million , while the cost of the combination project is projected to be $158 million. Without the community theatre, the all new construction project is projected to cost approximately $172 million, while the combination project is projected to cost approximately $147 million.

• Scenario A Cost Analysis (PDF, 43K)

In the Spring of 2005, the Emeryville City Council gave a large boost to the Center of Community Life project by allocating more than $45 million in capital funding for this project -- $25 million toward land acquisition, $15 million for a new police facility, and $5.5 million for a new recreation center.

Additional funding for the Emeryville Center of Community life will come from a wide range of sources. Some of the potential sources that have been identified include the following:

• State and Federal funding
• Local General Obligation Bonds
• Sale of surplus City or School Property
• Corporate, Foundation or Individual Philanthropy

The City and EUSD are currently working with professionals on the State and Federal levels to pursue any and all funding opportunities for the Center of Community Life.