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Home My WebLink AboutSherman Presentation ppt4�0 p'"iMill 0� 9 916I9 Qualifications of the development team Sherman Associates: George Sherman Elness Swenson Graham Architects (ESG): Bob Loken Knutson Construction: Brad Johnson Project design overview Project financing Question & answer E, r&sherman , SHIVEF-iATTERY, OF Knutson Construction saMrtas ASSOCIATES A R C H I T E C T U R E. E N G I N E E R I NG Qualifications of the Development Team ®, r&sherman , SHIVEF-wrTERY, OF Knutson Construction saMrtas ASSOCIATES A R C H I T E C T U R E. E N G I N E E R I NG Record of Success Over $2.5 billion in development 8,500 multifamily, townhouse and single-family homes built or rehabilitated 600,000 square feet of commercial space Two hotels Organizational Strengths Create strong public-private partnerships Assemble complex financing from a variety of sources Thoughtful design and quality construction Tangible community impact E, r&sherman , SHIVC-F-IATTERY, OF Knutson Construction saMrtas ASSOCIATES A R C H I T E C T U R E. E N G I N E E R I NG We are uniquely qualified portfolio and the complexity successfully completed Sheraton Hotel / Condominiums Zenith Condominiums Aloft Hotel Metro Lofts I Vine Street Lofts Midtown Exchange Syndicate Trust Building Numerous mixed-use projects due to the variety of our of developments we have Photos on following slides E, r&sherman , SHIVC-F-IATTERY, OF Knutson Construction saMrtas ASSOCIATES A R C H I T E C T U R E. E N G I N E E R I NG Sheraton Hotel / Condos lip, n in .n>��m110 IP In m m� A Ig i l l nil in m imp 1 m !!PRRnr m�, y'I �� -.' 841aLJ6 Y31f�Yi-1.�s-4JLN .J - J. J _.. '— J I, i J.I.. t � 1 vJs` Y W W ilk oil- IV la s i `. j A m r 41 NITH WE�T TE LS r= �I � l +NIlk � 1 ,q 7` .r Metro Lofts I Vine Street Lofts IJ R Midtown Exchange l� cC6ei� v 1: m� a Syndicate Trust Building y} M � s f� _ I ' • F .L I ; f ' 1 +imw 1 0 go mi is FULL SERVICE BUSINESS HOTELS Caned Hotel Ifr Desrgn] Mlnneapul s. W oiri,oLJ iib/ Kev,i Des Maines Convention Center Hotel Ifn Design) Iley btnrs. 1,)W,) 145D Keys] DoubleTree Renwatign Wo'Jmmglpn. R Tn...r, 668 Key,l Holiday Inn Penov hit Rloslmg,Pn, Mlnneaota 1258 KeV%I Hyatt Regenry Convention Center Hotel (In Design( Pnnlzrd. nFPIL CifKi Krya) N'tt flegenry Hotel (In Designf Rloom'mglon. M'mnesota (303 Keys) Le Merldien Hotel Cnl.mbu.c. Oho 1 i] Neyci Le Meridien Hotel fin Design( 1 u¢ m+Ins, I .l 1190 Kap] Le Merldien Hotel D• I, H mk. unno s 1122 Hgv l Marriott Convention Center Hotel l'Jeblo, Lbioraca',]ub Key_i Marriott Nanhwest Hotel & Executive Conference center Ren vabon Hru,Rlyo Pn',. M.,,,rrum Rndic,.n Bin Mall M6metlea 8lo11.111glnn, Mlnncso:u I S00 Kq5) Radisson Convention Hotel Lansing. MIJICg I' ILD Keysl Radisson Hetet Nrwnn, In va I Jn Koyu] Red,..n Hotel & Conference Centc, Kerns'a, W,onzm1121 K'evsl Radi scan NOMI & Condominiums (Desrge Onivj New Oheans. , slam4350 KEysl Sheraton Duluth Hofer & 311 Candominlumt I]uleth. Minnesota I I11 Ketisl Sheraton hotel Renovation fin Design; R""" "^Cher., frt�mre.rorn i2R2 C"Q Sheraton Hotel (Desryn Onl yj Nsv Bn hWn, Minnesota (20f KevO Shenratan Minneapolis Midtown Hotel MI'I,e:rypla, Mlnnewta(1 Lb Key,) Sheraton Woodbury Hotel Wor Cbury Mneesola j ISO Keye) S,,rh n HI& Conference Center Plymon:+, Mln,rnla I]9] K,!) The Depot Renaissance Hotel Minneapolis MT'r-eappls Mnineaota 122/ Kevsl The Wesfin Clear EaFe Hotel & Residences r0nsilpr Ono, I Hi sr, rrn,12E9 Knysl The Weifin Chun. Galleria Hill & Resltlen,c, I. d-na. Mlnneenl. I, 2S KPvs) The Wesfin Garden Grove lVe,IQO 0n1yf Gdrder Gmca (7,1 C, a 1310 Keys, The Westin Howl (Design Only; li, ngnnm. Ahama R]0 4y,) The Wesfin Hotel (!n Design; ELk,u . Nus alone GU3 Keyil MnYinr V fIR TalFnrnia pen Hey,) The Westin Hotel & Residences /Design Onf yl IN-rec ur. New Y.E iOU keys) The Westin Minneapolis Mi )Ica0c l5, Mlnn(5cta p 13 %Cys) The Westin Ontario (Design Only; Ontarlo, CaIIIWNa 12" KeYsl W Mlnneapolis - The Foshay C', r ,puia, M.T,,111229 Keysl M, r&sherman , SHIVEF-wrrERY,N'; Knutson Construction safnnas ASSOCIATES A R C H I T E C T U R E. E N G I N E E R I G FULL SERVICE RE50HI HOTELS Arr..wo dHezorr Hotel& Conference Center Expansion .41cr a, .. - .. [anyon Rltlgx R.11if & Spa j LMSIgn 0111) a 1, C11,,I1 L271 Kl,v Chequamegan Resort Hotel h.rlew, wu¢run� (hn c�y.J Grand Rios Hotel Renovated and Waterpark Rmnklyn Par k, Mi, 1, ,.a T1',Kry,I Kimpten I mel & Condominiums er One Ias Vegas Master Plan I to Vegns, n'[vnnn (l00 M�Va( Mountainville, Hotel Tukrmidl, Cdnragc(110Kcy.) Radisson re Carlson Park San A,l ,c, texas (211 Keyzl Radbscn Gang lodge & Mterpark of Al odcs Bloaninglun, Mlnnesola 1, 00 Re,SI Regent Hotel/Conference Censer at Carlson Park Master Plan _arae n, GeoR�a (1N Keysl Sheraton Desert Cove Resort & Spa IOeslgn Only) gYvd,al ❑ ,, CATrcnia Ole Krysl FULL SERVICE CASINO HOTEL5 Grand Casiw Mille cans Hotel Expansion Law Mlle Lao, M nno>ola [217 (eysl Grand Casino Hinckley Hotel and Conference Center I I's r. klry, M,ewta Ilf)fl Keys) Grand Casino Hinckley Hotel Master Plan T... Me, NI.—,nla Fitzgeralds Can no Hotel and Casino Renovation lune M.�nsln[r ISC/Krvsl Fltzgeraltls Casino Renovation anti Hotel Master Plan Las Vegas, nevmo (b2l Kcy l Fortune Bay Resort Hotel and Casino Expansion TOWer Minnesota fllB KevA Isle of Capri Hotel Expansion ISenendori. Icwa (253 kvs) Jubilee Hotel and Gsine Expansion Master Plan GILid C,Ck. CVIO+ada1120 Kcv.I Lady Luck Casino Hotel Jr,kWadorI Irma f259 Ki VS) Miwosekee Resort and Lomention Center Miami, Horida (302 Key51 Rhythm Cir, Casino Hotel Master Plan Davenpert,lowa1182 Keysl ®, r&sherman, SHIVEF-IATTERY, OF Knutson Construction ASSOCIATES A R C H I T E C T U R E- E N G I N E E R I NG artAnas HOTEL INTERIOR DESIGN Residence Inn by Marriott Carryon told, Resort&Spa fOesign Onlv71 Lnu�nvdle.&�%n+ockv(110 L51 L11,1 Mm..'Aaln.Ouo gle luJ Kuyn) Residence Inn by Marriott Country inn Ge.enaftnANalimal Pmtorypel Pnrk Mcznrnas, Crnrnadn ( l lJ FSIII 2 W9 K 2R12 Residence Inn by Marriott Cairt,r Minneapob, St.Paul/R.,nelle I't'.e', N,mr, 112_r LSIJ) Guest ... no RcL..U.n Resldence Inn Lobby 14enovation Huvenoe, Mmnes.L' lieu Keyel Mi n r..vpul a. Mlnnmw(12U 6SUI C vrr"W La Crain, 0OWOt wn/lvlcssnoappl fllVeHront Radisson Rlu Mall of Arend,.' Public Space Rmovabon n'oorcrnRlon, M.nnezuta jSoo ceys) lar rn,, Wamnsln(101 Keysl Sheraton Duluth Hotel & 311 Condominiums DoubleTree by Hilton H.tel pJ,.%M.... 0 kj 114]Kyrl Bloornm, m - Minneapolis South' Public 5Pace RenavaTon Sheratan Woodbury Hotel Hbamin[,Ren-rdmnHSo:oI 68Kes) W,ni,",, Ml....... r 150 Kc,) DoubleTree St. Paul Downtown Lobby Renovation Spd ngHill Suites Re n..d.n S1_ 1 0 Mlnnesoly 51.1nuu fors. V, ""rlla ( V M1 L411 Hyatt Regency Hotel Public Space Ren..bon Townphce Sade, MaHmd Mlnnee.nl¢. Md..amG M, r.,d , Mn,,ca { 134 LS W Holiday Inn RenovaAon W Minneapolis - The Foshay' H I'ia Ln,lnn. Mmnes.la V's H neysl Mmmnpul S, Mlnnesc ra I %cyst Marriott Northwest Hotel & EeeeuHve Conference Center Ren ymhon prom kIV, Par R. Mniew a',)31 Keys1 -,10 tl,. ,o<�..,..„nnrLm.�nr�L�m.�o n....... mrNre and umre. Milwaukee Manion WeA PuhliCSpace Ren.uab.n WW,A,hd R,u,r-IJ/Surfs ' 1 ma rouanr. v3d ,�.m �.J,�,�IN,�rvlwawr. x'ua MunFet ung lmennr u�-,i5+. Radlss.n Hotel National Prnl.type N,i,n'Wde (200)I Ri 0 til i, ®, r&sherman, SHIVEF-IATTERY, OF Knutson Construction ASSOCIATES A R C H I T E C T U R E. E N G I N E E R I NG artMrtas RE 5TAURANT51 BARS Maple Tavern Bar To Grasse AA ro-.ryaypliy, Mlnr�e.Ola MII111eJ[va11S, MI11esnl0 Manny's Stuakhpusa Borough Restalmnt Mi,,anulk Minne,ia Minn('e P01i5, 1,9nn.Yold Mal Champions Hall M,,,,nl•s Mmnesb l'a E nen Prong Mm,. E hon Horse GHOmPGafe Ja=son Mlsslssipai Sdente Museum ofmm paHpue Bae 51 Paul, MmF' sno a M;nnp'a Pulle, Mlnneso[i Cassetfa'z Alimentad The Pouehouze 51. Paul. Mmremla M�+mappla, M',"t,la coup d'etat R,.l House Seeming Parlour Ml.Ic Doolls, MInnC f)oubleTree by Nitron Elements Cafe fJP Ueslgif s+. Pan, Mlnnesora Science Museum of MN Rouge lounge 5t Paul, Mmnrsote Mmnvapnl., Mmnesola Falkirk fin Designf Smaek Shack Minneo,�olis, Mlunespla Nrnncapplis, MmnesoID IOGWR Minneapolis, Minnesota ®, r&sherman, SHIVEF-IATTERY, OF Knutson Construction ASSOCIATES A R C H I T E C T U R E- E N G I N E E R I NG artArtas RENOVATION [ REPOSITION [ ADAPTIVE NEllSE CPnad H.mI Rn Deslgnj Mlnnuapelq T,,I la llbc Kcrysl Country Inn & Suites at the Mall of America Gent Renavadnn Do Deslgnf IIDnommglnn. N irlr I t34) Keys? Courryaed Is Crosse DowntlVmjMi,a,. pi R'medront Public Space Actua on m.. ", VI 1101 Kevrl Cp.Hya[d Metrodame Repootban Minneapulle, Minneuala PEI, Kcye[ Caurtyaml Minneapolis St. Paul/R aceallle Renovanon Nusuv 11, M.re,, L'u 1120 Keyfl Dooll eiree St.I OOWntOW n Lobby Fam,va Hen SI ',-,I Minnesota DoubleTree by Hilton Renmai tlb,rcPa q Mumesota IS.8 Keysk Enii SUltes Renovation p. R aul, MlnneSola [)Og FSHI RRten Garden Inn [to DaI Phoenn, Atnnna I110 Keysl Holiday Inn Renovation Rlx,,,P 4oa Minnesota (258 Kecy Hyatt Regepe/ Hotel Public Space Renavadpn MinnC,1 1".1.SJld Fitvgeralds Casino Renovatlun and Hotel Master Plan 13n VII beratld 1521 ✓.ynj Fit i,othda uunc, Hotel ane Casino Henovation Tuna, MsI1507 Kev>I Grant Rias Hotel Ran lvabon and Waterpark R-nnbvn Park, MmnnI []JS KI0 lubklee Hotel and Casino E,,meion Master Plan Ln FPIe L -,I I l[].rjtl'] i1 2r1 Keysl Le Meridien Hotel Oak Rr90M, I rums I [ 12 Kcys7 Marriott Northvrest Hotel & Eaer.P a Conference Center penovation Ltwok vn Pant, MIll ncrsQla [131 KIII Resldente Inn Lobby Renovation MI I caput a. MIF oICSGd: I )OF SU Romulus Airport Sheraton Hotel Public space Renovation i,u ,L.Michr:u- The Depbl Renaissance Hotel Minneapolis Mv) I To l s, Mil''I', :e%1)/Kcv.1 Sheraton Rotel RemoAft n11n Deslgnl 6.o111 mfitun, MmnP'to (2S2I 5heraton O'Hare Hotel Public Space Renovation The Westm Minneapolis rVIr . - =evtj W Minneapolis the lo5hay ®,r&sherman,SHIVEF-IATTCRY, OF Knutson Construction ASSOCIATES A R C H I T E C T U R E- E N G I N E E R I NG amI SELECT SERVICE HOTELS AC Hotel by Marriott Downtown pn Design] Min nea put u, NLnncv La lz4H Keys) aloft Hotel (Design Only] CNna, III ann,cota (1S* Keys aloft Hotel Minneapolis, Mmnesolo ( lAU Keys; aloft Hotel (Design Onlyj Ra[nnoPp Ne W Ind, 1145 Kayv) Chaska Piyer Inn & Suilev Il h.,,,C M rnesnta(91 keys; Country Hospitality Inn 8urn"llllq Mlnncsara (94 Keys) Country Hospitality Inn I Tolland, Michigan 11Id Kcys1 Country Hospitality Inn Millvme, New Iersey (101 Keysi Country Inn & Suites Plvmu,th, Mmnesola 173 KevO Country Inn & Suites Turtle Lake, WI,L.,H (46 Keye) Country Inn & Suites at the Mall of America Rloanlmglon, Ml n nesolo (]AD Kevs) Country Inn & Suites at the Mall pf America Geral Renovation jla Designj BR.nmmglon, MlnnesOla (34] Keys) Country Inn & Suites Master Plan Wausau. Wlamrxsu 150 Keysl Cd.rtyvd by Manion M1nehn, Terns (15) Kev9 Courtyard by Marrbtt I nunville- KPLl Lck w 1146 KPV,I Courtyard by Mamott M,vi,ad, Mnnexu[e l l keys] Courtyard W Marriott Purl, Mpannws La orado (156 Rcv:) Courtyard by ManIULL Pnoeels, A,,I,a I 1,1i COUnri by Manion 5, hunS,mR, mi,mn (162 Keri Courtyard by Mallott Wausau. Ammnsm (101 Keys; Courtyard by Mamott at the Mall M Amerio B:nnm•ng inn, lvfisnle 12041 Courtyard by Mamott West End In, Designj � . I n,,, Pa ry Ml,nesp l a( t S9 Keys) Courtyard Metrndome Reposftlon En,,F, I, Mlnn ese:a 12 ES Koval Hampton Inn & Sodes NT,,vnla, MxL,,s,, a 12T L 9.ev,l Home] 5uftee by Moon M lnreapnl s, Mxnn.vr.M 1119 Keya1 Hilton Garden Inn Rbn.rn..c., h,dana 1168 Kevs7 Hilton Garden Inn (In Design) PhoCr, An+0na112UKpy41 NATIONAL PROTOTYPE DESIGNS Ameririnn Ill National F,.Wtype Eaterinr Redesign 2X4 Countrylnn Namnaf Promrype 35tnry 19Hb Countrylnn NaHonaf Peo ntype ii 1994 Countrylnn Generxnen A Nantlndl Ptntetypa; 2009 & 2Uq Country Inn National Prototype zuc9 Caurtyam by Marriott Prototype tiesipn of i Spare and Exterior 2CC3 Northcott Inn & Suites National Prototype 2OC4 Rill lssan Ll National Protaty Pe 2007 Radfssml Red Nadenal Pmmrype' 2014 Sheraton Hill Ndtbral Prototype 2008(268 1 4, In nsso,ietion wn1, VmT1u ,ria fl on ,-, t. m vsmriadon wnn craven Iem xnwnnr besbn. ®, r&sherman, SHIVEF-1ATTERY, OF Knutson Construction ASSOCIATES A R C h I T E C T U R E- E N G I N E E R IIII G anhnas EXTENDED STAY 1 SUITE HOTELS Counlry Inn & Su'It05 Mall of Amens Eapansion elo,,rrgwn, hlmnu,w 194 Sullesj Element Hotel by Westin 10eagn Only) rl Cne,nem, Mlnnecnta ( I )C rSl If Embassy Suites Remyahon Sr Il hr r.a OOH ESL; Marden suit, Ill lCesign Onty( Vnn..za C z'i(300 Suing Res[dence inn by Ma:nutE(Oesiyn Onlyj Residenrr•mn dv Mar Ion Le. - P11 ESlIl Pesidonce Inn by Marrlotl ., rmcsnla 1110 ESUI Residenre Inn by Mamott Paa r. -., Cclaxdm�IT2 Esu) Residenre mn by MamaN P - - ua 1129ESU1 Residencenn Minneapolis Downtown at The Depot Mmn!vpwu,AlemnsuW (LOESW Residence Inn & SpringHill Suites by Marriott pn Design] New Oheans. 6sws,ana [3)3 ESUI Ratllsspn Suius Notel aL Me Mall of Amerira Mader Plan Bl.or,n n, Mmn,.,a pDJ SmlesI T.Fil lace Suites Mamott Minneapolis. Minnesota (134 ESU) ®, r&sherman, SHIVEF-IATTERY, OF Knutson Construction ASSOCIATES A R C H I T E C T U R E- E N G I N E E R I NG saMrtas W Minneapolis —The Foshay SNI iP Minneapolis, Minnesota ♦`1 fs�. A " wr yws ..� ®, r&sherman, SHIVEF-IATTERY, OF Knutson Construction ASSOCIATES A R C H I T E C T U R E- E N G I N E E R I NG saMrtas The Westin Edina Galleria Edina, Minnesota AC Marriott Minneapolis, Minnesota :fj It __i I N TINT IP -1 Hampton Inn + Suites Minneapolis, Minnesota I0 IJ I'010 I I a ■ I ��Ill��ll l'I' .I ii�i�� l'I��il�� ,IMFI, r I .' ftla Il111 II qf!, �4 m Ji J; R• Market Rate Rental Apartments 1730 Plymouth Road 2622 West Lake Street 3118 West Lake Street 412 Ridgewood 430 Oak Grove Apartments Arcata Austin Courtyard Apartments I & II Broadway Flats Calhoun Beach Club Apartments Chasewood Village Cinnamon Ridge Coachman Trails Apartment Homes College Hill I & II Cornelia Place Devonshire Apartments Dock Street Flats ®, r&sherman, SHIVEF-IATTERY, OF Knutson Construction ASSOCIATES A R C H I T E C T U R E- E N G I N E E R I NG saMrtas Market Rate Rental Apartments Elan Uptown Luxury Apartments Phase 1 Elan Uptown Luxury Apartments Phase 2 Excelsior & Grand I ENTI ;iTi[71111 Gates at Carlson Center Genesee Apartments & Townhomes Hampshire Hill Apartments Hive Junction Flats Latitude 45 Lemay Lake Apartments Lowry Building Martin Blu Apartments Mill & Main Luxury Apartments Phase 1 Mill & Main Luxury Apartments Phase 2 Millennium Oakland Square Onyx Promenade Oaks Apartments Red 20 Apartments Riverside Plaza Riverwalk Residential Southwind Village Apartments St. Anthony Mills Apartments St. Anthony Place Stadium Village Flats Stone Arch Apartments The DeForest at Laurel Village The Elysian The Nic On Fifth The Observatory Velo Vintage on Selby r&sherman, SHIVEHATTEPZY, OF Knutson Construction ASSOCIATES AR CM ITECTU RE. E nIGI NEER InG Owner Occupied Condominiums 301 Kenwood Condominiums 9th Street Lofts International Market Square Lofts Kensington Park Linden Lofts Lofts at Farmers Market Lumen on Lagoon Midtown Lofts Park Tower Condominiums Phoenix on the River Printer's Row Lofts The Edgewater The Grand at Excelsior & Grand The Lofts at Excelsior & Grand The Reflections at Bloomington Central Station Tower Lofts Village Brownstones at St. Anthony Falls Village Lofts at St. Anthony Falls Villas of St. Albans Bay E . r&Sherman , SHIVEHATTE-FZY O; Knutson Construction ASSOCIATES A R CHIT ECTU RE I E nIG I N E E Y I nG in `■■:.m 7 ` •- ■■6 on —11 INS Owner Occupied Condominiums 301 Kenwood Condominiums 9th Street Lofts International Market Square Lofts Kensington Park Linden Lofts Lofts at Farmers Market Lumen on Lagoon Midtown Lofts Park Tower Condominiums Phoenix on the River Printer's Row Lofts The Edgewater The Grand at Excelsior & Grand The Lofts at Excelsior & Grand The Reflections at Bloomington Central Station Tower Lofts Village Brownstones at St. Anthony Falls Village Lofts at St. Anthony Falls Villas of St. Albans Bay E . r&Sherman , SHIVEHATTE-FZY O; Knutson Construction ASSOCIATES A R CHIT ECTU RE I E nIG I N E E Y I nG 301 Kenwood Minneapolis, Minnesota I. o `r ��►� loll .1111 ti}F _ r Excelsior + Grand 'tea �_ , •ti L ��• nt: moi. i a Minneapolis, Minnesota Edgewater ..1-- - WON Now w At 11R r 1111!IN Minneapolis, Minnesota '1 ®, r&sherman, SHIVEF-IATTERY, OF Knutson Construction ASSOCIATES A R C H I T E C T U R E- E N G I N E E R I NG saMrtas Phoenix lofts Minneapolis, Minnesota _ y ? a r A pj 6�y1 , 'F CA m� + r1. t . ®, r&sherman, SHIVEF-IATTERY, OF Knutson Construction ASSOCIATES A R C H I T E C T U R E- E N G I N E E R I NG saMrtas �t FT, I Junction Flats Minneapolis, Minnesota WHIII �jflfl 11111 1 Win Red20 WA: Minneapolis, Minnesota �371IIY- j �� Ilrs II.51111 01 11011 .: Ay �� w• yy WA: Minneapolis, Minnesota �371IIY- j 1I� 1 y r• Ay w Ie An Introduction To Who We Are K Knutson Construction WHO WE ARE ■ Founded in 1911 Family Owned Community partners The Knutson Experience Over 400 Employees Safety - Current EM R is .74 5 office locations Financially strong Bonding limit per project: $125 million Total bonding capacity: $400 million Self -performing contactor Delivery methods Hard bid CM @R Design Build CM -Agency �[ Knutson Construction 37 F-71 77-1 — a'' PROJECT OVERVIEW UNIVERSITY OF IOWA HEALTH CARE CHILDREN'S HOSPITAL AM�h� r P'� i PROJECT OVERVIEW CARVER-HAWKEYE ARENA L� ` V l PROJECT6VEVv UNIVERSITY OF IOWA WEST CAMPUS TRANSPORTATION CENTER v PROJECT OVERVIEW UNIVERSITY OF IOWA - IOWA MEMORIAL UNION- ti --T T F acIn - PROJECT OVERVIEW UNIVERSITY OF IOWA - IOWA MEMORIAL UNION- --T T T - PROJECT OVERVIEW UNIVERSITY OF IOWA - IOWA MEMORIAL UNION- INA 4`q trq roar �q m A PROJECT OVERVIEW KINNICK STADIUM SOUTH END ZONE Shive Hattery Local Iowa City Company In operation for +115 years E, r&sherman . SHIVEF-iATTERY, OF Knutson Construction saMrtas ASSOCIATES A R C H I T E C T U R E+ E N G I N E E R I NG SHIVEHATTCRY ARC H I T E C T U R E+ E N G I NEERING Project Design Overview ®, r&sherman, SHIVEHATTERY, O� KnutsonConstruction ASSOCIATES ARCHITECTURE -ENGINEERING saMrtas Aerial Looking Southwest r&sherman , SHIVEF-iATTEPY OF Knutson Construction A S S 0 C I A T E S AR CM ITECTU RE, E nIGI NEER InG North/South Section thru Office ®, r&sherman, SHIVEF-IATTERY, OF Knutson Construction ASSOCIATES A R C H I T E C T U R E- E N G I N E E R I NG saMrtas Iowa City Mixed -Use lot v mill - roll, I 1 ®, r&sherman, SHIVEF-IATTERY, OF Knutson Construction ASSOCIATES A R C H I T E C T U R E- E N G I N E E R I NG saMrtas Iowa City Mixed -Use { III tlllll III � III IIIIIY �II 111111 Illi i Ilf PIIIIY Iafli^-^:N �➢ III E61?�� Iowa City Mixed -Use N III +s i yW 9i x-�� AAA • � HOAEJ:S 0 • ,I1. - 1 4 1ST i 1 01 II 111® Iowa City Mixed -Use 00000, 0 00,00i ,J0000 OFFICE A ®, r&sherman, SHIVEF-IATTERY, OF Knutson Construction ASSOCIATES A R C H I T E C T U R E- E N G I N E E R I NG saMrtas Iowa City Mixed -Use • OWN -••tea _ •.: �.now— Mae _. lommon we -- AN Iowa City Mixed -Use g19 NUNN& K MOON I _.. Ipm jam/ 04111, io AW li Level Elevation Residential GSF RSF Storage Parking Stalls Hotel Level Elevation Total GSF Public& SOH GSF Guestroom GSF Number of Guestrooms Level Office Elevation GSF 1 (PQ 653'(655') 1,840 - - 5 - - - - - - 1 655' 10,918 P3 665' - - 1,914 126 - - - - - - - - - P2 675' - - - 114 - - - - - - 2 675' 12,384 P1 685' - - 3,410 84 1 680' 9,276 9,275 - 0 - - - 2 695' 18,068 12,442 - - 2 695' 14,508 9,300 5,208 11 - - - 3 709' 18,068 15,068 - - 3 709' 14,508 0 14,508 27 - - - 4 719' 18,068 15,065 - - 4 719' 1.4,508 0 14,508 27 - - - 5 729' 18,068 15,068 - - 5 729' 14,508 0 14,508 27 6 739' 18,068 15,068 - - 6 739' 14,508 0 14,508 27 - - - 7 749' 1,940 - - - 7 749' 14,508 0 14,508 27 - - - TOTAL - 94,120 72,714 5,324 329 - 96,294 18,576 77,748 146 23,302 91 Dwelling Units 1.034 GSF/DU 799 RSF/DU 660/KEY 127/KEY 523/KEY Residential 91 DU's x 1.1 Stalls = 101 Stalls Hotel 146 Guestrooms x 1.0 Stalls = 146 Stalls Office 23.302 GSF x 3.5 Stalls/1.000 GSF = 82 Stalls Total = 329 Stalls ®, r&sherman, SHIVC-HATTERY, Ep' Knutson Construction ASSOCIATES A R C H I T E C T U R E- E N G I N E E R I NG saMrtas Project Financing ®, r&sherman , SHIVEF-wrrERY, OF Knutson Construction saMrtas ASSOCIATES A R C H I T E C T U R E. E N G I N E E R I NG Uses Hotel Housing Commercial; Total Land Costs - - - ; - Architectural & Engineering Costs 700,000 650,000 300,000 ; 1,650,000 Construction Costs Financing/Interim Costs Other Costs 24,102,963 22,303,955 1,716,767 803,613 4,500,000 2,858,121 7,991,692 ; 54,398,610 343,475 2,863,855 673,161 ; 8,031,282 Total Uses 31,019,730 26,615,689 9,308,328 66,943,747 Sources ; Developer Loan 21,047,343 12,978,510 3,752,841 ; 37,778,693 Developer Equity 4,600,000 3,850,000 1,400,000 9,850,000 Gap 5,372,387 9,787,179 4,155,487 i 19,315,053 Total Uses 31,019,730 26,615,689 9,308,328 , 66,943,747 Potential Gap Sources (Millions) Tax abatement $2.5-$3.5 Tax increment financing $8-$10 Construction cost savings $4-$5 Subsidy of incubator office space $.75-$l New Market Tax Credits $3.5-$4 HEZ Credits & Sales Tax Rebate $1-$3.5 $19.75-$27 ®, r&sherman, SHIVEHATTERY, MIFF Knutson Construction ASSOCIATES A R C H I T E C T U R E- E N G I N E E R I NG saMrtas Duestion B .= t=:. -.; a •:a II 161 Am 0