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3 similar Development Agreement contracts by Innovative Industrial Properties Inc

DEVELOPMENT AGREEMENT
Development Agreement • November 5th, 2019 • Innovative Industrial Properties Inc • Real estate • Illinois

Tenant shall be responsible for requiring all of Tenant contractors doing construction or renovation work to purchase and maintain such insurance as shall protect it from the claims set forth below which may arise out of or result from any work performed in connection with the Development, whether such work is completed by Tenant or by any contractors or by any person directly or indirectly employed by Tenant or by any person for whose acts Tenant or any contractors may be liable:

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DEVELOPMENT AGREEMENT
Development Agreement • August 12th, 2019 • Innovative Industrial Properties Inc • Real estate • Pennsylvania

Budget Scott Township, PA 22,576 sf PEMB 30,704 sf Greenhouse Code Description 08/01/19 Scope Budget Target Variance Target Budget Summary $1,953,860 $1,298 $1,955,158 1 PharmaCann Soft Costs Not Included 2 PharmaCann FFE & Equipment Costs $26,920,977 $(4,267,090) $22,653,887 3 Construction Costs Not Included 4 Temporary Grow $28,874,837 $(4,265,792) $24,609,045 5 $3,320,606 $- $3,320,606 6 Owner's Project Contingency $32,195,443 $(4,265,792) $27,929,651 Add Alternates (Future) 1 Program Changes Contingency $1,000,000 $- $1,000,000 $1,000,000 $- $1,000,000 Soft Costs PharmaCann Costs Design Costs 1 Civil - GPI $81,630 $- $81,630 2 Architect - Envision (Contract Fixed Fee) $140,000 $- $140,000 3 Architect - Envision (Additional Services - Redesign) $- $25,000 $25,000 4 Architect - Envision (Hourly) $- $26,298 $26,298 5 Wetlands Delineation - GPI $17,800 $- $17,800 6 Structural - GPI $42,550 $- $42,550 7 MEP - ME $115,000 $- $115,000 8 Design Costs Total $396,980 $51,298 $448,278 AHJ Fee

DEVELOPMENT AGREEMENT
Development Agreement • May 31st, 2018 • Innovative Industrial Properties Inc • Real estate • Massachusetts

Tenant shall be responsible for requiring all of Tenant contractors doing construction or renovation work to purchase and maintain such insurance as shall protect it from the claims set forth below which may arise out of or result from any work performed in connection with the Development, whether such work is completed by Tenant or by any contractors or by any person directly or indirectly employed by Tenant or by any person for whose acts Tenant or any contractors may be liable:

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