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Downtown Redevelopment

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  1. Downtown Redevelopment Presentation to Amarillo City Commission March 22, 2011

  2. Discussion Overview • Project Goal • Decision Factors • Major Milestones • Consultants and potential operators selection process • Public Communications

  3. Project Goal • Present recommendation for City Commission consideration by mid-August 2011 as to • Specific project scope • Operators for Hotel and MPEV • Projected budget • Anticipated public and private impact • Proposed funding strategy including: • Private funding • Nature and amount of any proposed public funding and required approvals • Path forward

  4. Decision Factors • To recommend City proceeding with project • Demonstrated market viability • Direct and indirect benefits to community MUST exceed the cost of City financial participation • Project is consistent with the goals for downtown redevelopment • Community not negatively impacted in • Safety • Traffic • Noise • Lighting

  5. Major Milestones • Identify, evaluate and select • Architectural team • Potential operator of hotel • Potential operator of MPEV • Conduct hotel site assessment and comparison between new build and rehab • Conduct market assessment for potential supportive uses

  6. Major Milestones • Develop preliminary development program for Hotel and MPEV • Develop project budget for Hotel, MPEV and structured parking • Conduct MPEV impact assessment for • Lighting • Sound • Safety • Traffic • Parking

  7. Major Milestones • Refine land plan • Create project phasing plan • Develop funding strategy • Presentation of conclusions and recommendations to City Commission on project

  8. Architect Team Selection Process Goal is to • Select an architectural team which will • Assist in the feasibility assessment of hotel site options • Create a facility program for the • Hotel • MPEV • Structured parking requirements • Assist in the refinement of the conceptual land plan

  9. Architect Team Selection Process • Selection criteria • Demonstrated areas of focus/expertise • Proximity of key personnel to project site • Company and team experience in the following areas • Sports/Entertainment facilities • Hospitality • Land Planning • Historic Renovations

  10. Architect Team Selection Process • Develop list of architects to be invited to submit their qualifications for consideration • List will include list of Amarillo Architects • Select list of recognized firms with demonstrated experience in required areas • Review proposed list of architects • Contact architects on selected list • Provide them with a project description, time line and factors for consideration in selection • Request that they submit their qualifications for consideration

  11. Architect Team Selection Process • Review responses from architects to develop prioritized list of top candidates • Review of references • Interview top candidates • Prioritize list and select top candidate • Present recommendation to City Commission/LGC for concurrence • Negotiate contract

  12. Architect Team Selection ProcessFirms to be Invited to Participate • A & E Design Group Inc * • BOKA Powell • Charles R Lynch * • D Scott Stark * • Dekker/Perich/Sabatini * • DLR Group • Gensler • Gregg Bliss * • HKS • HOK/Populous • Jacobs • James Williams * • John Notestine* • Lavin Architects* • Page Southerland Page/Leo Daly • Parkhill, Smith and Cooper • Rhodes Architecture Inc * • Shiver Megert & Associates LLP* • Stewart Steven Design* • WM Larry Franks* NOTE: Amarillo firms marked with *

  13. Hotel Operator Selection Process • Goal is to • Identify a qualified hotel operator as a potential partner for the operation of the full service convention hotel • Select operator who will provide • Ability to secure appropriate franchise for hotel • Input in the creation of the facility program and development budget

  14. Hotel Operator Selection Criteria • Years in business • Current ownership & management of hotels • # of hotels and hotel rooms developed/managed in last 10 years • # of projects currently in progress • Potential capital commitment • Brands represented • Locations of hotels operated • Redevelopment experience • Financial capacity

  15. Hotel Operator Selection Process • Identify list of potential partners to be invited to submit their qualifications for consideration • The list WILL include ALL parties that responded to the first step of the original RFQ/RFP process. • Review proposed list of potential candidates • Contact candidates on selected list: • Provide them with a project description and timeline • Request that they submit their qualifications for consideration • Review responses to develop prioritized list of top firms

  16. Hotel Operator Selection Process • Reference checks of top candidates • Interview top candidates • Present recommendation to City Commission/LGC for concurrence • Select top candidate and negotiate LOI

  17. Hotel Operator Selection Process • 1859 Historic Hotels • Bacelo Crestline • Coury Properties, Inc • Garfield 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 *

  18. MPEV Operator Selection Process • Goal is to • Identify a qualified and interested operator as a potential partner for the operation of the MPEV • Select operator who will provide • Provide a professional a minor league baseball team, • Bring a franchise in a qualifying league, and • Be able to demonstrate experience and capacity programming non-baseball events • Input in the creation of the facility program and development budget

  19. MPEV Operator Selection Criteria • Number and list of teams owned over the last 10 years • Average years of experience in professional baseball among ownership and key staff • Financial capacity/stability • Number and list of teams owned which have ceased operations • Number and list of teams currently owned • Leagues represented

  20. MPEV Operator Selection Criteria • Willingness and capacity to make capital contribution to construction of MPEV • Demonstrated experience in providing more than baseball events • Experience operating stadiums / MPEV • Reputation of operator including current or previous litigation

  21. MPEV Operator Selection Process • Identify list of potential partners to be invited to submit their qualifications for consideration • Review proposed list of potential candidates • Contact candidates on selected list • Provide a project description and timeline • Request that they submit their qualifications for consideration

  22. MPEV Operator Selection Process • Review qualifications of firms and develop prioritized list of top candidates • Reference check of top candidates • Interview top candidates • Present recommendation to City Commission/LGC for concurrence • Select top candidate and negotiate LOI

  23. List of Potential Candidates • Southern Independent Baseball • Opening Day Partners • Note: 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.

  24. Public Communications

  25. Public Communications Goal • Undertake a variety of public communication efforts to • Create an understanding of the goals, scope and timeline for the project as well as the process to be undertaken between now and August 2011 • Demonstrate the openness and transparency of the activities related the project • Provide easy access to timely and accurate information on the project

  26. Public Communications Efforts include • Public presentations and updates to City and other entities • Presentations to community groups • Public meetings in locations across Amarillo to provide information and solicit feedback.

  27. Public Communications • Create links on home pages of City of Amarillo and WB containing information on the project such as • Background information • Latest news • Copies of presentations • News releases • Continue updates to DAI website

  28. Typical Project Stages Current Progress

  29. Process ( Major Steps) Current Progress Feb 15, 2011 Mid-August 2011 = Opportunities for public discussion or input

  30. Hotel • MPEV Next Steps • Site Assessment • Site Assessment Feb 15, 2011 • Flag Preference Selection • Operator Selection • Operator & Flag Selection Process • LOI with Operator • LOI with Operator • League Selection Current Progress August 2011

  31. Questions Presentation to Amarillo City Commission March 22, 2011