TJPDC considers $221K office renovation package
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Description
Thomas Jefferson Planning District Commission staff presented a $221,693 office renovation estimate provided through Thalhimer for improvements to the Water Street Center space, to be amortized as part of a new five-year lease. The Building Committee has endorsed the scope and costs, and the full Commission is asked to approve the improvements and authorize negotiation of a lease including these leasehold improvements.
Contract Details
Contract Amount
$221,693.00 (improvement cost); total amortized cost $235,299.65 over 5-year lease
Vendor
THALHIMER
Agency
Charlottesville-Albemarle MPO, VA
Contract Type
CONSTRUCTION
Document Date
October 2, 2025
Contract Term
Approximately 6-week construction duration; improvements amortized across a 5-year lease with 3% annual escalator
Renewal Info
Improvements cost proposed to be amortized into a new 5-year lease with 3% annual rent escalations; lease to be negotiated upon Commission approval.
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