Union Station Neighborhood Company / Civil Technology Inc.

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Transcription:

USNC Team Union Station Neighborhood Company / Civil Technology Inc. Kiewit Building Group Spectrum Semple Brown Design Pahl Architecture Clanton and Associates Monroe & Newell Structural Engineers

River Front Park East West Partners

Beaver Creek East West Partners

North Star Lake Tahoe East West Partners

Belmar Continuum Partners

Adaptive Reuse CP Realty

Five Points Adaptive Reuse Civil Technology Inc.

Denver Union Station South Wing Restoration

Colorado State Capital Building Restoration

Clayton Foundation Renovation is a 2009 Historic Denver s Community Preservation Award Winner Juslyn Art Museum Omaha Nebraska

Denver Union Station Light Rail Station Colorado State Capitol Historic Lighting Retrofit

USNC Team Union Station Neighborhood Company / Civil Technology Inc. Kiewit Building Group Spectrum Semple Brown Design Pahl Architecture Clanton and Associates Monroe & Newell Structural Engineers

Sharing Our Vision Make it a great station Knowledge & commitment second to none Local focus Financially viable & sustainable

Make it a Great Station

Unparalleled Knowledge Historic Station Master Developer selection and plan Letter of Intent & Letter of Intent Supplement Master Development Agreement Requires a minimum $17M public investment Initial station assessment Station services plan Station use assessment & programmatic plan Station renovation budget and schedule Ownership and/or development model Historic Structures Assessment support

Unparalleled Knowledge Station Zone Public Space Framework Plan Master Development Agreement Requires a minimum $28M public investment Co-management of the design Summary of issues and schedule parameters Historic station zone plan Direct LPC approvals process Estimate of public space operations & maintenance Public space management plan & budget Historic Station Reciprocal Easement Agreement DUS Metropolitan District / RTD IGA

Unparalleled Knowledge Our Team Semple Brown Design 2 years of technical and adaptive reuse study with USNC Developed working drawings for Kiewit/Spectrum pricing Tenant space planning & design North & South Wing buildings design with AMD Kiewit Built 10,000+ SF of tenant space in the station building Constructing all transit and public space improvements Completing historic restoration of West wall Installed new boilers and utility services for the station Spectrum Construction Restored and replaced 1/3 of the windows in the station wings Pahl Architecture Prepared measured drawings for Union Station South Wing restoration (w/ Monroe & Newell and BRS)

WHAT A TRAIN STATION SHOULD BE.

MORE THAN A RESTORATION. THIS IS A RENAISSANCE.

EXCEEDING EXPECTATIONS OF TRAVELERS.

A PLACE TO GATHER & CONNECT.

FUELED BY THE CITY IT CALLS HOME.

A PLACE FOR LOCALS & TRAVELERS ALIKE.

CENTER STAGE FOR A VIBRANT NEIGHBORHOOD.

ENGAGING THE PLAZA & THE COMMUNITY.

Ground Floor Tenant Mix South Wing market / food emporium Letter agreement with operator James Beard Award winning chef Top 5 restaurant Locally owned & operated

Ground Floor Tenant Mix North Wing destination restaurant Letter agreement with operator Nationally acclaimed local chef Highly successful destination restaurant Expanded concept Locally owned & operated

Ground Floor Tenant Mix Terminal Bar Letter agreement with local operator Colorado focus

Upper Floors Tenant Mix Create Denver Atrium suites Creative class incubator Destination uses active upper floors of train room Addresses micro-business commitment

Upper Floors Tenant Mix Office Accommodates both large and small tenants Accommodates single tenant or multi-tenant Competitive rent

Leasing & Management Summary Comprehensive leasing & management Uses must complement, not compete Management must be cohesive, not disparate Create a place an experience, not a project

Public Space Management Developed public realm O&M budget Sponsored public space symposium Established DUSMD to help fund public realm O&M Significant experience in public space management, O&M

Public Space Management We have successfully programmed events at Union Station The Big EAT and Denver Burger Battle

Public Space Management We have successfully programmed events at Union Station MCA Gala-Luminocity

Financially Viable & Sustainable Balances available source and uses Addresses operating costs and is sustainable Provides a return to RTD Focus on small and local businesses Long term flexibility Achieves the community objectives

Availability & Timing of Funds Total Project Sources Jan. 2012 Mar. 2014 FASTER Grant $5,000,000 USNC Land Sale Proceeds $12,000,000 USNC Equity / TI $2,000,000 Historic Tax Credit Equity $3,000,000 Total Sources $22,000,000 Other Potential Sources USNC Brownfield Loan $700,000 Philanthropic / Foundation Federal / State Grants Total Project Uses Contractor Hard Costs $12,470,000 Contractor Soft Costs $3,263,900 - Contingency, Fee, Insurance - General Conditions, Pre-Const. - Hazardous Materials Project Soft Costs $1,822,575 - Architectural Design - Design Consultants - LEED Commissioning - City Plan review and Permits - Tap Fees and Utility connections - Builders risk / Material testing - Project cost contingency Developer Project Costs $3,552,163 - Tenant Improvements - Project Management/OH - Fee Total Uses $21,108,238

Schedule is Critical Amtrak train arrives Apr 2014 RTD bus facility opens Apr 2014 Wynkoop Plaza opens Apr 2014 USNC North Wing Building opens Nov 2013 USNC South Wing Building opens Q1 2014 Success of entire project will be judged by the station building. The station must be ready by Apr 2014.

Why USNC and why this plan? No one knows the Union Station project better than we do. We have been a good partner for six years, creating implementable solutions to this challenging project. We have performed on or ahead of schedule on every commitment. No one has more incentive than USNC to make Denver Union Station work for the community and financially. Our interests are aligned with yours. Our plan fulfills community s goals. We can and will deliver a successful project.

www.unionstationdenver.com