Housing Department

CITY COUNCIL

ENA w/ BRIDGE Housing Corp. forHeritage Square Senior Housing Project

William Huang, Housing DirectorSeptember 12, 2011

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Heritage Square ENA-BRIDGE Housing

Staff Recommendation (w/ unanimous agreement from CDC and EDTech):

Recommend that City Council:1) find that the proposed action is exempt from CEQA; and2) approve key terms and conditions of Exclusive Negotiation Agreement w/ BRIDGE Housing for development of Heritage Square senior affordable housing project at 750-790 N. Fair Oaks

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Heritage Square ENA-BRIDGE Housing

Outcome is result of a two-year process involving Community Input •Heritage Square RFP Working Group (included reps from NWC and FOPAC)•Independent Review Panel (NWC & FOPAC reps & housing experts - Pasadena residents)•4 community meetings from July 2009 to October 2010•5 public meetings (EDTech and City Council) from Oct. 2009 to Dec. 2010

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Chronology of RFP Process

• May 2009: Heritage Square RFP Working Group established

• July 2009: First of four community meetings• Oct. 2010: Joint mtg of CDC, NWC & FOPAC• Dec. 2010: RFP presented to City Council• Feb. 2011: RFP issued, pre-bid meeting held • April 2011: Bridge Hsg, Mercy Hsg and

National CORE submit proposals

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Chronology of RFP Process

• May 2011: Consultants commence RFP threshold requirements reviews

• July 2011: Consultants perform technical review and scoring

• July 2011: Developers notified of scores and appeal opportunity

• Aug 2011: IRP hears developer appeals and makes developer recommendation

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Technical Scoring of Proposals

• Consultants: Ken Kurose (design) and LeSar Development (development & financing)

• Scoring categoriesfinancing leveraging experiencefinancial feasibility and City subsidy requestproject designdevelopment team experiencesupportive services planlocal benefit

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Technical Scoring of Proposals

Bridge Hsg

Nat’l CORE

Mercy Hsg

Tech Review Score

969 815 Did not pass

threshold

Appeal Adjustment

+5 0 (did not appeal)

N/A

Final Score

974 815 N/A

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BRIDGE Housing – Development Team

• BRIDGE is a nonprofit affordable housing developer formed in 1982 in San Francisco

• Long, successful track record developing 13,000+ housing units in 80 California communities, serving low-moderate income families and seniors

• BRIDGE staff have deep capacity and decades of affordable housing experience

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Heritage Square ENA-BRIDGE Housing

Armstrong Senior Apartments – San Francisco

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Armstrong Senior Apartments – San Francisco

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Heritage Square ENA-BRIDGE Housing

Armstrong Senior Apartments & Townhomes

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Armstrong Senior Apartments - Solar Panels

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Armstrong Senior Apartments – Main Courtyard

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Armstrong Senior Apartments – Entry Lobby

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BRIDGE Housing – Development Team

• Project Architect: Steinberg Architects – designed 3,642 housing units

• General Contractor: Morley Builders – constructed 3,882 multifamily units

• John Stewart Co. (Property Mgmt)

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Local Pasadena Team Members

• Saiful/Bouqet Structural Engineering• TMAD Engineers (Elec. & Mech. Engineers)• Wheeler & Gray (Civil Engineers)• EPT Design (Landscape Arch)• Huntington Hospital Senior Care Network

(Service Coordination)• Masbuild (Const. Mgr)

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BRIDGE Housing – Project Concept

• 70-unit senior rental housing complex with community space and supportive services

• $21.28 million total development cost• City subsidy requested: no payment on

ground lease• Exceeds City “green” bldg standards by 36%• Community Benefit: Committed to 20% local

hiring, subcontracting and purchasing

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Future Commercial Development

Future Commercial Development

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ENA – Key Terms and Conditions

ENA would provide a 90-day period to negotiate business points of a development agreement:

• Site disposition (including ground lease terms)• Project concept and design• Scope of development• Financing plan• Payment In-Lieu Of Taxes (PILOT)

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Heritage Square ENA-BRIDGE Housing

ENA – Key Terms and Conditions (cont’d)

• Development budget and operating pro forma• Schedule of performance• Financing plan• Marketing & tenant selection plan (local

preference)• Property management plan• Community Benefit Agreement (based on

developer’s 20% Local Benefit Plan)