san diego convention center design update, july 2011

82
SAN DIEGO CONVENTION CENTER PHASE III EXPANSION Project Update July, 2011 1

Upload: san-diego-convention-center

Post on 27-May-2015

1.259 views

Category:

Real Estate


0 download

TRANSCRIPT

Page 1: San Diego Convention Center Design Update, July 2011

SAN DIEGO CONVENTION CENTER PHASE III EXPANSION Project Update

July, 2011

1

Page 2: San Diego Convention Center Design Update, July 2011

Visit www.visitsandiego.com & Click on Expansion News

Page 3: San Diego Convention Center Design Update, July 2011

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

2

Page 4: San Diego Convention Center Design Update, July 2011

2009 Mayor’s Citizen Task Force

Community Participation• Lodging• Business• Labor• Taxpayers• EnvironmentalRecommendation• Expansion should

proceed

4

Page 5: San Diego Convention Center Design Update, July 2011

Proposed Program(new leasable space only)

Type of Area AreaExhibit Hall 225,000

Meeting Rooms 101,500Ballroom 80,000

Total 405,100

5

Page 6: San Diego Convention Center Design Update, July 2011

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

6

Page 7: San Diego Convention Center Design Update, July 2011

Additional Annual Economic Benefits from Expansion

7

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

Page 8: San Diego Convention Center Design Update, July 2011

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

8

Page 9: San Diego Convention Center Design Update, July 2011

Port Lease

9

Page 10: San Diego Convention Center Design Update, July 2011

Due Diligence “Test Fit”

150’ tall, 1,266,719 SF and $711,000,00010

Page 11: San Diego Convention Center Design Update, July 2011

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

11

Page 12: San Diego Convention Center Design Update, July 2011

12

Breakthrough Conceptual Design

Page 13: San Diego Convention Center Design Update, July 2011

Breakthrough Conceptual Design

13

Page 14: San Diego Convention Center Design Update, July 2011

Architectural Studies

14

Page 15: San Diego Convention Center Design Update, July 2011

Architectural Studies

15

Page 16: San Diego Convention Center Design Update, July 2011

Architectural Studies

16

Page 17: San Diego Convention Center Design Update, July 2011

Fall 2010 Design

17

Page 18: San Diego Convention Center Design Update, July 2011

Spring 2011 Design

18

Page 19: San Diego Convention Center Design Update, July 2011

Summer 2011 Design

19

Page 20: San Diego Convention Center Design Update, July 2011

Public Realm—AccessSummer 2011 Design

20

Page 21: San Diego Convention Center Design Update, July 2011

Public Realm—Protect View CorridorsSummer 2011 Design

21

Page 22: San Diego Convention Center Design Update, July 2011

existing

Page 23: San Diego Convention Center Design Update, July 2011

23

Spring 2011

Page 24: San Diego Convention Center Design Update, July 2011

24

Summer 2011

Page 25: San Diego Convention Center Design Update, July 2011

25

Page 26: San Diego Convention Center Design Update, July 2011

26

Page 27: San Diego Convention Center Design Update, July 2011

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

27

Page 28: San Diego Convention Center Design Update, July 2011

Current Design

Page 29: San Diego Convention Center Design Update, July 2011
Page 30: San Diego Convention Center Design Update, July 2011
Page 31: San Diego Convention Center Design Update, July 2011
Page 32: San Diego Convention Center Design Update, July 2011

Current Design

32

Page 33: San Diego Convention Center Design Update, July 2011

Current Design

33

Page 34: San Diego Convention Center Design Update, July 2011

Current Design

34

Page 35: San Diego Convention Center Design Update, July 2011

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

35

Page 36: San Diego Convention Center Design Update, July 2011

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”

36

Page 37: San Diego Convention Center Design Update, July 2011

Proposed Hotel Room Sales Assessments

37

Page 38: San Diego Convention Center Design Update, July 2011

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

38

Page 39: San Diego Convention Center Design Update, July 2011

public space design

Page 40: San Diego Convention Center Design Update, July 2011

access to waterfront

Page 41: San Diego Convention Center Design Update, July 2011

access – vehicular

Page 42: San Diego Convention Center Design Update, July 2011

access - rooftop

Page 43: San Diego Convention Center Design Update, July 2011

access – public access

Page 44: San Diego Convention Center Design Update, July 2011

PA

RK

ESPLANADE

view corridors

Page 45: San Diego Convention Center Design Update, July 2011

park boulevard

Page 46: San Diego Convention Center Design Update, July 2011

park blvd | convention center way

Page 47: San Diego Convention Center Design Update, July 2011

park blvd | convention center way

Page 48: San Diego Convention Center Design Update, July 2011

1. wind palms2. benches3. coming together

1

3

public art

2

Page 49: San Diego Convention Center Design Update, July 2011

public art

Page 50: San Diego Convention Center Design Update, July 2011

activated waterfront70 feet wide, mix of uses and amenities

Page 51: San Diego Convention Center Design Update, July 2011

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

Page 52: San Diego Convention Center Design Update, July 2011

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

..

..

...

..

...

.

Page 53: San Diego Convention Center Design Update, July 2011

design inspiration

Page 54: San Diego Convention Center Design Update, July 2011

views and scale of the bay

Page 55: San Diego Convention Center Design Update, July 2011

a sense of nature

Page 56: San Diego Convention Center Design Update, July 2011

sustainable places

Page 57: San Diego Convention Center Design Update, July 2011

garden traditions | a sense of nature

Page 58: San Diego Convention Center Design Update, July 2011

skyline and urban features

Page 59: San Diego Convention Center Design Update, July 2011

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.

Page 60: San Diego Convention Center Design Update, July 2011

the perch

Page 61: San Diego Convention Center Design Update, July 2011

the meander/coastal garden

Page 62: San Diego Convention Center Design Update, July 2011

the great lawn

Page 63: San Diego Convention Center Design Update, July 2011

the gathering place

Page 64: San Diego Convention Center Design Update, July 2011

the ascent

Page 65: San Diego Convention Center Design Update, July 2011

the grand stair

Page 66: San Diego Convention Center Design Update, July 2011

visible green roof

Page 67: San Diego Convention Center Design Update, July 2011

olympic sculpture garden-seattle

Page 68: San Diego Convention Center Design Update, July 2011

olympic sculpture garden-seattle

Page 69: San Diego Convention Center Design Update, July 2011

olympic sculpture garden-seattle

Page 70: San Diego Convention Center Design Update, July 2011

high line park- new york

Page 71: San Diego Convention Center Design Update, July 2011

high line park- new york

Page 72: San Diego Convention Center Design Update, July 2011

high line park- new york

Page 73: San Diego Convention Center Design Update, July 2011

high line park- new york

Page 74: San Diego Convention Center Design Update, July 2011

high line park- new york

Page 75: San Diego Convention Center Design Update, July 2011

high line park- new york

Page 76: San Diego Convention Center Design Update, July 2011

high line park- new york

Page 77: San Diego Convention Center Design Update, July 2011

high line park- new york

Page 78: San Diego Convention Center Design Update, July 2011

high line park- new york

Page 79: San Diego Convention Center Design Update, July 2011

high line park- new york

Page 80: San Diego Convention Center Design Update, July 2011

high line park- new york

Page 81: San Diego Convention Center Design Update, July 2011

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.

Page 82: San Diego Convention Center Design Update, July 2011

Visit www.visitsandiego.com & Click on Expansion News

Visit www.portofsandiego.org & Click on San Diego Convention Center