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University of Hawaiʻi – West O‘ahu Mauka and Makai Parcels

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Page 1: University of Hawaiʻi – West O‘ahu...• Update of 2006 Long Range Development Plan (LRDP) in coordination with Master Developer . University of Hawaiʻi – West O‘ahu High

University of Hawaiʻi – West O‘ahu Mauka and Makai Parcels

Page 2: University of Hawaiʻi – West O‘ahu...• Update of 2006 Long Range Development Plan (LRDP) in coordination with Master Developer . University of Hawaiʻi – West O‘ahu High

University of Hawaiʻi – West O‘ahu

Background

•  Land Master Plan approved by the Board of Regents in September 2014

•  Designates 306 acres of land for University/campus use

•  Identifies approximately 168 acres of land along Kualakaʻi Parkway for BMX-3 zoning •  Includes two Transit-Oriented Development sites (UH -

West Oahʻu and East Kapolei transit stations) on University lands

Page 3: University of Hawaiʻi – West O‘ahu...• Update of 2006 Long Range Development Plan (LRDP) in coordination with Master Developer . University of Hawaiʻi – West O‘ahu High

University of Hawaiʻi – West O‘ahu

Conceptual Plan Land  Use  Summary  Makai  Lands     Approx.  Acreage  

Campus  /  Academic  Programs  and  Uses  

±   306  

BMX-­‐3  Mixed-­‐Use   ±   168  

Roads/Others   ±   24  

Makai  Lands  Subtotal:   ±   498  

Mauka  Lands   Approx.  Acreage  

Mauka  Lands  :   ±   991  

TOTAL:   ±   1,489  

Page 4: University of Hawaiʻi – West O‘ahu...• Update of 2006 Long Range Development Plan (LRDP) in coordination with Master Developer . University of Hawaiʻi – West O‘ahu High

University of Hawaiʻi – West O‘ahu

Next Steps

•  University to enter into a partnership with a Master Developer to implement a phased land development strategy

•  Land development strategy to consider long-term ground leases - University retains ownership of the land and secures a revenue stream that provides partial financial sustainability for the campus

•  Update of 2006 Long Range Development Plan (LRDP) in coordination with Master Developer

Page 5: University of Hawaiʻi – West O‘ahu...• Update of 2006 Long Range Development Plan (LRDP) in coordination with Master Developer . University of Hawaiʻi – West O‘ahu High

University of Hawaiʻi – West O‘ahu

High Level Tasks and Timeline:

Secure Master Developer

Finalize    and  issue  RFQ  for  Master  Developer     10/1/2015  RFQ  responses  due   11/1/2015  Evaluate  responses,  select  short  list   11/30/2015  

   Finalize    and  issue  RFP  for  Business  Plan  to  those  on  the  short  list   12/15/2015  RFP  responses  due   2/15/2016  Evaluate  responses,  select  preferred  Developer   3/31/2016  NegoPate  and  execute  Exclusive  NegoPaPon  Agreement  (ENA)   6/15/2016  NegoPate  all  business  and  lease  terms     18  months  

Page 6: University of Hawaiʻi – West O‘ahu...• Update of 2006 Long Range Development Plan (LRDP) in coordination with Master Developer . University of Hawaiʻi – West O‘ahu High

University of Hawaiʻi – West O‘ahu

Student/Faculty Housing Call for Offer Update

Update  exisPng  Call  for  Offers  (based  on  developer  interviews)        Call  for  Offers  to  allow  flexibility  in  craXing  proposals  and  business  models   9/30/2015  

Publish/solicit  proposals   10/31/2015  

Evaluate  proposals,  conduct  interviews  and  make  recommendaPon     12/31/2015  

Conduct  negoPaPons  and  finalize  contract   3/1/2016  

High Level Tasks and Timeline

Page 7: University of Hawaiʻi – West O‘ahu...• Update of 2006 Long Range Development Plan (LRDP) in coordination with Master Developer . University of Hawaiʻi – West O‘ahu High

University of Hawaiʻi – West O‘ahu

QUESTIONS?