The big costs are gonna be in equipping the studio. I'll hire a consultant to go through it all with us.
It's just gonna get dumped on a pad. I'm planning on putting a 'public' bathroom in it. A couple of stalls, a urinal, and a couple of sinks... It doesn't need a basement or anything. I can get all the lumber at less than wholesale, including things like oak and maple. So, 30k should be enough. I'm leaning towards three booths, two small and one large, with a central recording/mixing room - with windows facing into all three studios.
Sounds cool as can be already
I figure the big room should be big enough to hold a 8 to 12 people comfortably, but I'm thinking about making one of the recording booths dedicated to just percussion.
A dedicated drum room would be great if you wanted to track live!
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