presented by the buccini/pollingroup...typical ura project targets 18% mbe / 7%wbe...
TRANSCRIPT
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April 2020
LowerHillUpdate
PresentedbytheBuccini/Pollin Group
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LOWER HILL REDEVELOPMENT UPDATE APRIL 2020 PAGE 2
P RO J EC T UPDATE
PUB L I C IMPACT AND I N C LU S I V EP ROCUR EMENT UPDATE
COMMUN I T Y ENGAGEMENT ANDNEX T S T E P S
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ProposedProject Timeline
DESIGN G CONSTRUCTION G OPERATIONS
2019
G
DESIGN E CONSTRUCTION E OPERATIONSE
Q2 Q3 Q4
2020 2021 2022 2023
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
ONGOING CONTRACTOR IDENTIFICATION, M/WBE DATABASE DEVELOMENT AND PROCUREMENT
LOWER HILL REDEVELOPMENT UPDATE APRIL 2020 PAGE 4
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BlockG PartnersandConsultant Team
LOWER HILL REDEVELOPMENT UPDATE APRIL 2020 PAGE 6
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Lower HillNews & Updates
Spring 2020 | Bulletin 2
Greetings from the Lower Hill development team. We have been closely monitoring the COVID-19developments and the unprecedented public response. As recommended by the CDC and World HealthOrganization, in order to ensure the safety of all stakeholders, and do our part to help stop the spread ofthe COVID-19 virus, we have taken our development efforts virtual.
While our physical office may be temporarily closed, WE ARE STILL OPEN, the project is advancing, and we look forward to connecting with you.
Accordingly, our next community meeting has been prerecorded virtually and is posted online for you toreview when convenient. The prerecorded presentation—along with several profiles on the project inthis newsletter—combine to provide a summary of current development and inclusive procurementefforts.
Watch The Lower Hill Update and Submit Your Questions
Newsletterand Updates
LOWER HILL REDEVELOPMENT UPDATE APRIL 2020 PAGE 5
• 3/31 Virtual CommunityMeeting• March 2020 Newsletter• Distribution to hundreds of emails and community stakeholders
• Sharing newsletter outside of direct email through socialmedia platforms of local organizations
• Purchased Facebook ads to expand reach
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FirstPhaseofMixedUse Development
LOWER HILL REDEVELOPMENT UPDATE APRIL 2020 PAGE 7
BLOCK E
ENTERTAINMENT, RETAIL,PARKING & PUBLIC OPENSPACE
BLOCK G
OFFICE, RETAIL, PARKING & PUBLIC OPEN SPACE
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KeyTenantSecured:FirstNational Bank
LOWER HILL REDEVELOPMENT UPDATE APRIL 2020 PAGE 8
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Class: Scale: Zoning:
Tall Building and Plaza26-Stories, 400+ ft. tall 300ft - 700ft
Uses: 434,000sf Office 20,000sf Retail110 Parking Spaces2.5 Acres of Public Open Space
Construction: Core & Shell
ALLOWABLE HEIGHT 700’
FNB‐ AnchoredBlockG1andG4Project Overview
LOWER HILL REDEVELOPMENT UPDATE APRIL 2020 PAGE 9
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ViewfromWylie Avenue
LOWER HILL REDEVELOPMENT UPDATE APRIL 2020 PAGE 10
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G1
F1
G2
D2 B
A
C
D1
E
HI
G3G 4
F2
Kiosks
Higheractivity; fixed programming
Lower activity; flexibleprogramming
Focal Elements: Art, Seating Areas
Centre AveGateway
The Lawn: Primary Flexible Open Space
Crossroads/ Festival Street
Neighborhood Squares
Gateway Art/ Legacy Element
Activation Framework
LOWER HILL REDEVELOPMENT UPDATE APRIL 2020 PAGE 11
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G 2
G 1
G 3
G 4 F 1F 2
LOWER HILL REDEVELOPMENT UPDATE APRIL 2020 PAGE 12
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BlockG1‐ TypicalOffice Floorplan
OFFICE 20,440 GSF
FUTURE PARCEL
MW
LOWER HILL REDEVELOPMENT UPDATE APRIL 2020 PAGE 15
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BlockG1‐ Building Section
FUTURE PARCEL
17,534 GSF
17' -
0"14
3' -4
"
(10 L
EVEL
S @
14'-4
")
OFFICE
WASHINGTON PLACE (810'-0")
AVG. GRADE (822'-6")
ALLEY (831'-0")
LOGAN STREET (850'-0")
28' -
8"
PARKING
PARKING
LOADING & SERVICE
AMENITY (9,776 SF) MECH
OFFICE LOBBYPLAZA LEVEL (835'-0")21
' -0"
OFFICE LOBBY
25,093 GSF
OFFICE 14' -
4" 14
' -4"
14' -
4" 14
' -4"
14' -
4" 14
' -4"
14' -
4" 14
' -4"
14' -
4" 14
' -4"
15' -
4"17
' -0"
393'
-8"
21' -
0"14
' -4"
14' -
4" 14
' -4"
14' -
4" 14
' -4"
14' -
4" 14
' -4"
14' -
4" 14
' -4"
14' -
4" 14
' -4"
14' -
4"
OFFICE
OFFICE
OFFICE
OFFICE
OFFICE
OFFICE
OFFICE
OFFICE
OFFICE
24,091 GSF
20,440 GSF
CENTRAL PLANT
20' -
0"
CROW
N
25,093 GSF
OFFICE
OFFICE
OFFICE
OFFICE
OFFICE
OFFICE
OFFICE
OFFICE
OFFICE
OFFICE
143'
-4"
(10 L
EVEL
S @
14'-4
")15
' -4"
LOWER HILL REDEVELOPMENT UPDATE APRIL 2020 PAGE 16
OFFICE
BUILDING SERVICE
20,440 GSF
20,440 GSF
20,440 GSF
20,440 GSF
20,440 GSF
20,440 GSF
20,440 GSF
20,440 GSF
20,440 GSF
20,440 GSF
20,440 GSF
20,440 GSF
20,440 GSF
20,440 GSF
20,440 GSF
20,440 GSF
20,440 GSF
20,440 GSF
20,440 GSF
20,440 GSF
20,440 GSF
RETAIL (13,433 GSF)
RETAIL (7,337 GSF)
MEZZ (3,771 GSF)
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BlockEPublicAmenity Diagram
Rescue2
Public Parking/Bike StoragePotential for Club-Sized Live Music Venue
Catapult Incubator
Retail Storefronts
LOWER HILL REDEVELOPMENT UPDATE APRIL 2020 PAGE 17
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Action Item Responsible Status
BlockE
Ai Rescue 2 / EMS 14 Station BPG and City Parcel E design and construction; pre-
development
Aii Catapult Space BPG and URA Parcel E design and construction; pre-development
Aiii
Coordination with New Granada Theater
PAR and Hill CDC
Discussions pending with Hill CDC and LiveNation
Block
BB
HACP Financing Intergen Intergen filed application with HACP
AdditionalCom
mitm
ents
Ci
Monetize LERTA (50% offsite) for Greater Hill Reinvestment Fund
PAR and FNB See FNB Community Impact Plan
Cii
Cii Ammon Community Recreation Center (play spaces, Rec 2 Tech)
PAR and City See Ammon Recreation Center Project Plan
Coordination with Macedonia Church PAR and City Pending discussions through R. Taylor
Ciii
Ciii
Ciii
First Source Center (on or near option premises)
PAR and P4W See Partners 4 Work Project Plan
Intro to the Trades Construction Training (2 classes)
PAR and P4W See Partners 4 Work Project Plan
Building Service and Hospitality Post Construction Training (2 classes)
PAR and P4W See Partners 4 Work Project Plan
Ci
v
Curtain Call (funding gap, support for design and installation)
PAR and SEA Contract executed with Walter HoodAll
Di
Di
Di
LERTA Guidelines URA Pending URA approval
Engage with City, County, School Board on LERTA
All Pending County approval of 3TB letter
Coordinate efforts to secure funding for public infrastructure
All PAR is preparing master open space and infrastructure project funding plan
BlockE Dii
Parking Tax Diversion (75% over 19 years)
City and URA Approved by City in December 2019; FNBevaluating monetization of 25% to supportHill District Housing Opportunity Fund
Diii $3M for Parking Structure City and URA Pending
Block
BDiv
$1M Loan for Residential First Phase (contingent on HACP funding)
Intergen and URA Pending
LOWER HILL REDEVELOPMENT UPDATE APRIL 2020 PAGE 18
LowerHill ‐TermSheetCompliance Chart
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BlockG1andG4‐ Community Amenities
Energy District catalyst
Open SpaceAnchor Food Hall synergy
Block E Parking catalyst
EIC
Chathamenter
s
LOWER HILL REDEVELOPMENT UPDATE APRIL 2020 PAGE 19
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BlockG1andG4Public Impact
• Architect of Record, construction managers and tenants committed to inclusive procurementand workforce development.
• $6 Million in LERTA Funding for Greater Hill Reinvestment Fund.
• Construction will employ over 1,350people• Businesses located in tower are expected to employ
over 2,000 people.• Site will feature 2.5 acres of open public spacewith
retail kiosks and signature design elements• Sustainable design to include LEED-certifiedbuilding
in LEED-NDdistrict.• Anchor tenant committed to expanding
neighborhood impacts.
LOWER HILL REDEVELOPMENT UPDATE APRIL 2020 PAGE 20
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FNB Community Impact Plan
• Monetizing the off-site LERTA for the Greater Hill Reinvestment Fund
• Expanding FNB's existing relationship with Greater Hill Federal Credit Union
• Monetizing public portion (25%) of the approved Parking Tax Diversion for the URA’s Hill District Housing Opportunity Fund
• Partnership with URA to serve as Small Business Administration (SBA) LoanPartner
• Strengthening Community Partnerships through Neighborhood Partnership Program (NPP)
• Community Wealth Building and Special Initiatives Programming
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TargetM/WBE Participation
M/WBE PARTICIPATION (TARGET)
OF TOTAL DESIGN FEE 30% MBE
15%WBE
Typical URA project targets 18% MBE / 7% WBE
LOWER HILL REDEVELOPMENT UPDATE APRIL 2020 PAGE 22
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M/WBE Participation
LOCAL NATIONAL
GREATERHILL PIT TSBURGH
PENNSLYVANIA CERTIFIED
NATIONAL MWBEFIRMS
LOWER HILL REDEVELOPMENT UPDATE APRIL 2020 PAGE 23
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M/WBE Participation
GENSLERPIT TSBURGH
TEAM
PREVIOUS GENSLER PROJECTS
REFERENCE RESEARCH
PHONE CALLS PERSONAL CONTACTS
INTERVIEW FACE TO FACE
MEETINGS
NETWORKINGBUCCINIPOLL IN
UPDATED DBEDATABASE
LOWER HILL REDEVELOPMENT UPDATE APRIL 2020 PAGE 24
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CurrentM/WBE Participation
M/WBE PARTICIPATION (CURRENT)
OF TOTAL DESIGN FEE26.75%MBE
($1.44 MILLION)
8.37%WBE($430,000)
LOWER HILL REDEVELOPMENT UPDATE APRIL 2020 PAGE 30
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Thank You
APRIL 2020 PAGE 35LOWER HILL REDEVELOPMENT UPDATE