 So today is gonna be a really interesting video. It's almost gonna be like a pre-video to a big video that I'm gonna make on this subject. So a lot of the storyline to why I'm making this video is recently in the coaster community, we've noticed in our group that we have on Discord, a lot of people are putting a price tag on a roller coaster that a park shoots out there. So for example, when a park announces like a coaster like Yukon Stryker and a price tag is thrown at like $30 million, a lot of enthusiasts like to go, oh, Yukon Stryker costs $30 million, or Copperhead Stryker costs $30 million, or Fury costs $28 million, and so on and so forth. And that's just simply not true. So there are a lot of hidden costs that go into building a roller coaster, and a lot of them have to do with like the hourly wage. So you're gonna see on the screen some of the hourly wages to some of the positions that are needed for building something like a roller coaster. And on top of that, some of these positions require 10 to 15 workers. So it's pretty crazy when you do the math with how often they work, some coaster projects have them working seven days a week, or six days a week, and some five days a week. And a lot of these projects can last anywhere from like three months to six months in terms of building. For example, Yukon Stryker had construction teams on site for a good year and a half as an estimate. Now that's not the entire workforce working all the time during that year and a half. So we're not gonna blow those costs out of hand with that estimate, but it's a really expensive project, especially when you add in like the crane rentals, the crane operator, the cost of steel. And now this is where things get interesting. So again, I'm gonna go into a lot of detail in a future video. So I'm currently reaching out to the engineering group that designed and built the tunnel, the company that constructed the coaster. We're reaching out to anyone that had involvement with Yukon Stryker just because it's easier for me to do a coaster in Canada and reach out to these people to help develop what actually does it cost to build a roller coaster. And after you break down everything, how much does the actual coaster purchasing from a manufacturer such as Bulgar and Mabalard actually cost in the end? So I'm gonna go over again, very minor details in this video. There's going to be a much more in-depth video coming down the road, not anytime soon. Again, this is gonna be something that's gonna take a lot of work because we gotta go talk to like the people that you gotta file the permits with. There's just so much work to do with that video. I wanted to make a quick video because it's just been bothering me a little bit how like a lot of enthusiasts just instantly go, this is what a coaster cost. Or, you know, when you purchase a coaster, this would come, no, there's so many hidden costs. And that price tag on the actual coaster is ballooned up to this cost that looks absolutely outrageous. You know, a lot of people are like, oh, a company can't afford that or a company can't afford that. No, in the end they can, there's just a lot of hidden costs. So for example, I'll start with the construction manager. A construction manager typically could cost anywhere between five to 10% of the actual project cost itself. So that's crazy. So if whatever the construction price tag ends up coming out to when we dive into a project or get more information, a construction manager could cost anywhere from five to 10% of that. Now, Canada's Wonderland, I don't know if this is entirely true. I know that they have Peter Switzer, the head of engineering and construction at Canada's Wonderland. I don't know if they Wonderland needs actually hire a construction manager. I know other companies have their own managers on site for their projects. I don't actually think Wonderland has to go out and hire a construction manager because they actually have that position filled permanently at the park. So that might alleviate that hefty cost there, but that's still a cost that the park is paying for yearly as a salary. But I just wanted to include that there for other parks or anything. So a construction manager could cost anywhere from five to 10% of the total project cost, just in wage. So a construction project of a small scale apartment in Toronto, so key emphasis there in Toronto, is around $4,500,000 for the entire thing of a small apartment, okay? So not medium sized, not large scale apartment. A small apartment is around $4,500,000 at the end of the day of what a company is putting in to build that, okay? So put that into perspective. I'm doing a huge rough estimate here that the cost of a coaster construction wise to build it materials and everything is around that price tag as well. That's not including the steel, by the way. That's including the plumbing, the electrical, the cost of the construction, the crane, the workers, the iron workers. So that's my rough estimate there. I'm not including the track in that price, although one could argue that the steel needed to build a small apartment might equal, actually no, it's not gonna come anywhere close. I'm trying to picture a thing. This is more of a huge rough estimate video, by the way, until we get that in-depth video in the process. I am reaching out. So that is a huge rough estimate. So $4,500,000 to build a very small apartment building in Toronto as actual costs coming out of the company building it before the profits of selling those apartment units. A mechanical engineer makes about 95 Swiss franc an hour. I took this out of Switzerland to get us a more accurate. That's about $128 Canadian an hour or $96 American an hour. That's crazy, I don't know how long it takes to design these amazing posters that mock Intamin and BNM build, but they just calculate that $128 roughly Canadian or $96 American an hour for a mechanical engineer one to sit down and design these amazing things and then you add in the manager that has to oversee the project and then the profit that the company has to make. Who knows what that, it's just crazy to think that's part of the thing, but at the end of the day, that's actually a very small dollar amount compared to the construction of the project. So $128 Canadian or $96 American an hour for a mechanical engineer to sit down and design a roller coaster. I don't know if there's two or three that help design it. Maybe there's a team and then obviously the manager, but nonetheless, that can help you develop a rough cost on what it costs to design the actual coaster. Cost of steel is roughly 300 to 500 American dollars a ton currently huge emphasis on currently it changes in price literally every second, every day, blah, blah, blah, the price fluctuates a lot and can change the cost drastically as even a $1 increase or decrease in price to large orders such as a coaster project could lead to hundreds of thousands of dollars in fluctuation of price. So that's crazy at any moment just based off of when you purchase the steel to build the coaster, you could be saving or spending hundreds of thousands of dollars extra or less on a coaster project. So the time the purchase is key as the price of steel is heavily sold and priced on demand. So if there's a large demand, the price is gonna go up. If there's less of a demand, the price is gonna go down. So when you purchase is a very key and I wonder if Cedar Fair and Six Flags and all those other companies or even the company Clear Mount Steel takes that into account when they purchase the steel. Are they purchasing steel at times of when it's on sale? Are they looking for that? Obviously as a business, I'm thinking there's someone that's in charge of that. Now, Wikipedia has Yukon Strikers track pieces total weight of 1,213 tons. That would bring the cost of track to roughly $600,000 based on the extreme rough estimate of price per ton. American, one could double that price as an extreme rough estimate for supports as well for some coasters. And now that is the weight of track pieces and not the amount of steel required to melt down and fabricate those pieces. So one could say that maybe that isn't the actual price in the end because I don't know how much steel you have to mount down to make one ton of B&M track. So again, this number, that $600,000 number could mean absolutely nothing because I have no idea how much steel plates they need to melt down in order to create these B&M coasters or any other coaster. It could change. It also changes based on whatever coaster model is being made, different track weighs less or weighs more. So it's different per coaster. Again, I'm using Yukon Stryker as an example. So as you can see, there are so many things that play into the cost of a coaster. I mean, you look at a coaster like Yukon Stryker and it has a tunnel built into it, which was actually subcontracted to another third party company to design and build as well. So you gotta take into account that there's so many different aspects to a roller coaster project that balloon those prices that you see when they post like largest investment in Caroline's history or largest investment in Canada's Wonderland's history, largest investment in Six Wags's history. And at the end of the day, if you were to really look down at it or look into it, I honestly don't think the actual coaster, like the coaster track and the designing of the coaster itself would be a very, the largest portion of that. I mean, I'm even hearing that the trains are a huge cost to some of these projects as well. Like I'm hearing one to $2 million per train. Sometimes that these trains could cost for some coasters. That's absolutely crazy. So sometimes like when enthusiasts again go like, oh, it costs so much money to build a roller coaster or a park like Six Wags could never afford a B&M dive coaster. At the end of the day, some of these large $30 million price tags on the coaster have a lot to do with the area of land that they're being built on, the economy at the current state, the cost of steel. Are there other aspects of the project like a tunnel being built, restaurants being built around it? How long is this project gonna take place? Is it being built in weird climates like Canada where there's winter and it prolongs the construction project adding that extra cost of wages and stuff like that. So I mean, it's quite crazy to think about all these hidden costs and there's just so much more to it. There's electricians that you need to hire, plumbers that you need to hire. You need to get those permits filed which can cost a lot of money if you're having problems with the city agreeing to your project. Woo, it's just there's so much going on that you need to look into and I'm gonna try and get all of those hidden costs. Now some companies may not be willing to give out information. So we're gonna ask those companies that may not want to speak on actual projects to give rough estimates as to that could lead us down a proper path. So hopefully when we come up with that video we're gonna get like a really good amazing breakdown of what the price tag is for a roller coaster and what are those subcategories to that price tag for a roller coaster. So if I'm spending $30 million on Yukon Stryker and Copperhead Strike what is that price breakdown per the coaster for the expanded area, for the restaurants and buildings, for the plumbing, electrical, the steel even? Like what is that breakdown? I'm super excited about this. This is almost like an announcement video as to a big documentary, mini docu, I guess series that gonna work on on what it costs to build a roller coaster. Anyways, I really hope you guys are excited for that video. This is probably gonna be the hardest project Amusement Insiders has worked on. I'm really gonna be putting a lot of effort into this video. So, oh man, here it goes. Jumping into a big project, Amusement Insiders actually going professional for once in terms of getting the complete accurate information to the best of our ability. But nonetheless, hopefully you enjoyed these like very rough estimates as to what are the hidden costs to building a roller coaster. Don't forget to leave a like, comment about what you want to find out in this documentary that we're gonna be working on. Are there any questions that you want answered? Any questions that maybe I didn't even discuss in this video? And share this video for others to enjoy. Thanks so much for watching guys. Have a great one, bye.