Actually you can go decently quick with very little, if you go about it right..
Tires are key, weight transfer, and power..
If I were to do it again with another 94/95 I would do another single turbo keeping all accesories, throw injectors, mass air, and fuel pump at it.. along with a good tune, Drag radials, and some subframe conectors and good shocks/struts... If done right, thats an easy quick street car recipe. 10 second potential, easy 11's.
Or you can spend a little more time/money and do the built up n/a route or buy a blower/nitrous.