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4 <br /> SECTION III <br />FINANCIAL SUMMARY <br /> <br /> <br /> <br />Related Bristol at 3600 South Bristol Street September 2023 <br />Draft Market Study Report <br /> <br />www.FinanceDTA.com <br />III FINANCIAL SUMMARY <br />DTA evaluated the Specific Plan to determine its viability. This included determining the Project <br />revenues for each product class by construction phase, as follows: <br />Table 1: Market Value of Project Properties by Phase <br />Revenues Unit Phase 1 Phase 2 Phase 3 Total <br />Apartment 3,750 DU $1,183,632,000 $396,868,000 $286,820,000 $1,867,320,000 <br />Commercial 349,998 SF $99,921,000 $46,680,000 $72,236,000 $218,837,000 <br />Hotel 250 Rooms $94,619,000 $0 $0 $94,619,000 <br />Congregate 200 Rooms $119,215,000 $0 $0 $119,215,000 <br />Total $1,497,387,000 $443,548,000 $359,056,000 $2,299,991,000 <br /> <br />Exhibit 10 <br />  <br />  <br />City Council 22 – 527 9/17/2024