san diego convention center design update, july 2011
TRANSCRIPT
SAN DIEGO CONVENTION CENTER PHASE III EXPANSION Project Update
July, 2011
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Visit www.visitsandiego.com & Click on Expansion News
21 Years of Success
Economic Impact $20.8 Billion
Direct Attendee Spending $8.6 Billion
Tax Revenues $399.6 Million
Hotel Room Nights 12.4 million
Number of Events 4,684
Attendance 17.2 million
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2009 Mayor’s Citizen Task Force
Community Participation• Lodging• Business• Labor• Taxpayers• EnvironmentalRecommendation• Expansion should
proceed
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Proposed Program(new leasable space only)
Type of Area AreaExhibit Hall 225,000
Meeting Rooms 101,500Ballroom 80,000
Total 405,100
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AECOM Analysis of Proposed Expansion
• Data compiled from meeting and event executives
• 25 primary events• 246,861 attendees for 3.86 nights at $185 ADR• 657,000 potential new room nights• $121,081,000 in new hotel room sales
revenue
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Additional Annual Economic Benefits from Expansion
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Total Economic Impact $698 Million
Direct Delegate Spending $372 Million
TOT Revenue $15.1 Million
Sales Tax Revenue $.8 Million
Jobs Generated by Events 6,685
Size MattersProgram and Revenue Sensitivity
Lost Annual Room Sales Program Reduction
$10,534,000 10,000 SF exhibit hall
$1,883,000 1,000 SF ballroom
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Port Lease
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Due Diligence “Test Fit”
150’ tall, 1,266,719 SF and $711,000,00010
Design Team Selection
Request for
Qualificatio
ns
• Issued in June• 13 responses
Request for
Proposals
• Issued in August• Five teams Invited to respond• 8 week evaluation process
Design
Team Select
ion
• Fentress Architects selected
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Breakthrough Conceptual Design
Breakthrough Conceptual Design
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Architectural Studies
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Architectural Studies
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Architectural Studies
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Fall 2010 Design
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Spring 2011 Design
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Summer 2011 Design
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Public Realm—AccessSummer 2011 Design
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Public Realm—Protect View CorridorsSummer 2011 Design
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existing
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Spring 2011
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Summer 2011
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Accessible Public Realm Space
Current 331,000 SF/7.6 Acres
Summer 2011 Design 468,000 SF/10.75 Acres
137,000 SF or 3.15 Acres New Public Realm Space
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Current Design
Current Design
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Current Design
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Current Design
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Constructing Cost EstimatingConclusion
• All required program elements can be constructed for $500 million including reasonable and appropriate design/construction contingency
• With $50 million fund reserved for unanticipated site conditions and entitlement issues, total project costs and total amount of bond proceeds needed to fund the project is $550 million
• Project’s all-in, maximum cost exposure--$550 million
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FinancingNew Revenues Generated by Expansion
Revenue sources proposed but not yet approved– Port Lease Revenue and City TOT from Expansion Hotel– Centre City Project Area tax increment – Self-assessment by beneficiaries in assessment district or
CFD structure• Lodging Industry• Downtown food/beverage/retail sales• City-wide taxicab “flag drop”
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Proposed Hotel Room Sales Assessments
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Expansion Schedule
Action Date
Approval of PMPA & Certification of EIR by Port Summer, 2012
Certification of PMPA by Coastal Commission Winter, 2012
Coastal Development Permit Early 2013
Commence Construction Mid-2013
Complete Construction Early 2016
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public space design
access to waterfront
access – vehicular
access - rooftop
access – public access
PA
RK
ESPLANADE
view corridors
park boulevard
park blvd | convention center way
park blvd | convention center way
1. wind palms2. benches3. coming together
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public art
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public art
activated waterfront70 feet wide, mix of uses and amenities
needs assessment 2009
Critical open space needs:
+ Multi-purpose urban parks serving downtown residents
+ Multi-purpose space for people to gather
+ Connectivity of parks and waterfront
needs assessment 2009
Activity needs that can be providedon rooftop public space:
+ multi-purpose open space+ playgrounds/tot lots+ picnic areas+ outdoor seating areas+ natural areas+ waterfront access+ outdoor amphitheater+ concessions/food in parks+ interactive fountains/water play+ outdoor game tables+ restrooms+ signage/wayfinding+ educational classes
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design inspiration
views and scale of the bay
a sense of nature
sustainable places
garden traditions | a sense of nature
skyline and urban features
1. the perch
2. the meander/coastal garden
3. the great lawn
4. the gathering place
5. the ascent
6. the grand staircase
7. visible green roof
8. esplanade
public realm accessible spaces
6.
4. 3. 2.1.
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7.
5.8.
the perch
the meander/coastal garden
the great lawn
the gathering place
the ascent
the grand stair
visible green roof
olympic sculpture garden-seattle
olympic sculpture garden-seattle
olympic sculpture garden-seattle
high line park- new york
high line park- new york
high line park- new york
high line park- new york
high line park- new york
high line park- new york
high line park- new york
high line park- new york
high line park- new york
high line park- new york
high line park- new york
1. the perch
2. the meander/coastal garden
3. the great lawn
4. the gathering place
5. the ascent
6. the grand staircase
7. visible green roof
8. esplanade
public realm accessible spaces
6.
4. 3. 2.1.
7.
7.
5.8.
Visit www.visitsandiego.com & Click on Expansion News
Visit www.portofsandiego.org & Click on San Diego Convention Center