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Downtown Redevelopment Presentation to Amarillo City Commission March 22, 2011

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Downtown Redevelopment. Presentation to Amarillo City Commission March 22, 2011. Discussion Overview. Project Goal Decision Factors Major Milestones C onsultants and potential operators selection process Public Communications. Project Goal. - PowerPoint PPT Presentation

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Downtown RedevelopmentPresentation to Amarillo City CommissionMarch 22, 2011

Discussion Overview Project Goal

Decision Factors

Major Milestones

Consultants and potential operators selection process

Public Communications

Project GoalPresent recommendation for City Commission consideration by mid-August 2011 as toSpecific project scopeOperators for Hotel and MPEVProjected budgetAnticipated public and private impactProposed funding strategy including:Private fundingNature and amount of any proposed public funding and required approvalsPath forward

Decision FactorsTo recommend City proceeding with projectDemonstrated market viabilityDirect and indirect benefits to community MUST exceed the cost of City financial participation Project is consistent with the goals for downtown redevelopmentCommunity not negatively impacted in SafetyTrafficNoiseLighting

Major Milestones Identify, evaluate and selectArchitectural teamPotential operator of hotelPotential operator of MPEVConduct hotel site assessment and comparison between new build and rehabConduct market assessment for potential supportive uses

Major MilestonesDevelop preliminary development program for Hotel and MPEVDevelop project budget for Hotel, MPEV and structured parkingConduct MPEV impact assessment for LightingSoundSafetyTrafficParking

Major MilestonesRefine land planCreate project phasing planDevelop funding strategy Presentation of conclusions and recommendations to City Commission on project

Architect Team Selection ProcessGoal is to Select an architectural team which willAssist in the feasibility assessment of hotel site optionsCreate a facility program for the Hotel MPEVStructured parking requirementsAssist in the refinement of the conceptual land plan

Architect Team Selection ProcessSelection criteriaDemonstrated areas of focus/expertiseProximity of key personnel to project siteCompany and team experience in the following areasSports/Entertainment facilitiesHospitalityLand PlanningHistoric Renovations

Architect Team Selection ProcessDevelop list of architects to be invited to submit their qualifications for considerationList will include list of Amarillo ArchitectsSelect list of recognized firms with demonstrated experience in required areasReview proposed list of architectsContact architects on selected list Provide them with a project description, time line and factors for consideration in selectionRequest that they submit their qualifications for consideration

Architect Team Selection ProcessReview responses from architects to develop prioritized list of top candidatesReview of referencesInterview top candidatesPrioritize list and select top candidatePresent recommendation to City Commission/LGC for concurrenceNegotiate contract

Architect Team Selection ProcessFirms to be Invited to ParticipateA & E Design Group Inc *BOKA PowellCharles R Lynch *D Scott Stark *Dekker/Perich/Sabatini *DLR GroupGenslerGregg Bliss *HKSHOK/PopulousJacobsJames Williams *John Notestine*Lavin Architects*Page Southerland Page/Leo DalyParkhill, Smith and Cooper Rhodes Architecture Inc *Shiver Megert & Associates LLP*Stewart Steven Design*WM Larry Franks*NOTE: Amarillo firms marked with *

Hotel Operator Selection ProcessGoal is to Identify a qualified hotel operator as a potential partner for the operation of the full service convention hotelSelect operator who will provide Ability to secure appropriate franchise for hotelInput in the creation of the facility program and development budget

Hotel Operator Selection CriteriaYears in businessCurrent ownership & management of hotels# of hotels and hotel rooms developed/managed in last 10 years# of projects currently in progressPotential capital commitmentBrands representedLocations of hotels operatedRedevelopment experienceFinancial capacity

Hotel Operator Selection ProcessIdentify list of potential partners to be invited to submit their qualifications for considerationThe list WILL include ALL parties that responded to the first step of the original RFQ/RFP process.Review proposed list of potential candidatesContact candidates on selected list:Provide them with a project description and timelineRequest that they submit their qualifications for considerationReview responses to develop prioritized list of top firms

Hotel Operator Selection ProcessReference checks of top candidatesInterview top candidatesPresent recommendation to City Commission/LGC for concurrence Select top candidate and negotiate LOI

Hotel Operator Selection Process1859 Historic HotelsBacelo CrestlineCoury Properties, IncGarfield Traub * HRI Investments * John Q Hammons Journeyman *

MJS Realty * Noble* Presidian Realty America * Woodbine * Zion Hospitality * Note: Companies which participated in original Hotel RFQ process marked with *

MPEV Operator Selection ProcessGoal is toIdentify a qualified and interested operator as a potential partner for the operation of the MPEVSelect operator who will provide Provide a professional a minor league baseball team, Bring a franchise in a qualifying league, andBe able to demonstrate experience and capacity programming non-baseball events Input in the creation of the facility program and development budget

MPEV Operator Selection CriteriaNumber and list of teams owned over the last 10 years Average years of experience in professional baseball among ownership and key staffFinancial capacity/stabilityNumber and list of teams owned which have ceased operationsNumber and list of teams currently ownedLeagues represented

MPEV Operator Selection CriteriaWillingness and capacity to make capital contribution to construction of MPEVDemonstrated experience in providing more than baseball events Experience operating stadiums / MPEVReputation of operator including current or previous litigation

MPEV Operator Selection ProcessIdentify list of potential partners to be invited to submit their qualifications for considerationReview proposed list of potential candidatesContact candidates on selected list Provide a project description and timelineRequest that they submit their qualifications for consideration

MPEV Operator Selection ProcessReview qualifications of firms and develop prioritized list of top candidatesReference check of top candidatesInterview top candidatesPresent recommendation to City Commission/LGC for concurrence Select top candidate and negotiate LOI

List of Potential CandidatesSouthern Independent BaseballOpening Day PartnersNote: American Association league rules provide that the only owner within the league which may respond is the owner of the Amarillo Sox, Southern Independent Baseball.

Public Communications

Public CommunicationsGoalUndertake a variety of public communication efforts toCreate an understanding of the goals, scope and timeline for the project as well as the process to be undertaken between now and August 2011Demonstrate the openness and transparency of the activities related the projectProvide easy access to timely and accurate information on the project

Public Communications Efforts includePublic presentations and updates to City and other entities

Presentations to community groups

Public meetings in locations across Amarillo to provide information and solicit feedback.

Public CommunicationsCreate links on home pages of City of Amarillo and WB containing information on the project such asBackground informationLatest newsCopies of presentationsNews releases

Continue updates to DAI website

Typical Project StagesCurrent Progress

Process ( Major Steps)Current Progress= Opportunities for public discussion or input

Feb 15, 2011Mid-August 2011Next StepsAugust 2011HotelSite AssessmentFlag Preference SelectionOperator & Flag Selection ProcessLOI with OperatorMPEVSite AssessmentOperator SelectionLOI with OperatorLeague Selection

Current ProgressFeb 15, 2011QuestionsPresentation to Amarillo City CommissionMarch 22, 2011