Solstice, LLC 3890 Old Redwood Highway, Santa Rosa, CA
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1 Solstice, LLC 3890 Old Redwood Highway, Santa Rosa, CA May 15, 2017
2 Asset Summary Solstice is a proposed 22 acre private resort and event destination located in Sonoma County, just north of Santa Rosa. The property has an advantaged proximity to Highway 101, the main freeway connecting Sonoma County to the greater Bay Area. It is also less than 3 miles to the new SMART train line scheduled for operation in late 2016, and the recently expanded Sonoma County Airport is less than 10 miles away offering daily flights to LA, Seattle and San Diego. Within 1 mile of the property, there are several hundred hotel rooms including a Hilton, a Best Western and the Fountaingrove Inn. The property sits between Santa Rosa, the largest city between San Francisco and ortland on Hwy 101, and Healdsburg, an internationally renowned wine region resort town. EXECUTIVE SUMMARY 5
3 EXECUTIVE SUMMARY 6
4 Use ermit Application Site lan Submitted to County of Sonoma for Use ermit BUSINESS LAN 10
5 Use ermit Application BUSINESS LAN 11
6 Concepts BUSINESS LAN 12
7 Concepts BUSINESS LAN 13
8 Concepts BUSINESS LAN 14
9 Concepts Landscape BUSINESS LAN 15
10 Concepts BUSINESS LAN 16
11 Concepts Cottage 1 17 BUSINESS LAN
12 Concepts Cottage 1 BUSINESS LAN 18
13 Concepts Cottage 2 BUSINESS LAN 19
14 Concepts Cottage 2 BUSINESS LAN 20
15 Sonoma County With more than 425 wineries, miles of rugged acific coastline, towering redwood forests, and its close proximity to San Francisco s Golden Gate Bridge, Sonoma County is a traveler s dream vacation spot in California. Go beyond the wine and discover more than 50 pristine nature parks that offer travelers miles of hiking and cycling trails through the towering redwood or oak-studded hills. Rivers and ponds entice visitors to kayak, canoe or simply float along the cool waters. Horseback riding, a zip line excursion, a ropes course, or a hot-air balloon ride add a dash of adventure. MARKET OVERVIEW 22
16 10 Best Highlights of Sonoma County 1. Taste Wine Sonoma County has more than 425 wineries to tour and taste at. Discover unique wineries with hidden caves, amazing vistas, historic legends, amazing food and wine pairings, and much more. MARKET OVERVIEW 2. Attend a wine and food festival Fabulous food paired with amazing wines tickle the taste buds and enhance your visit. Country Weekend, Wind & Food Affair, Barrel Tasting. Top festivals: Sonoma Wine 3. Explore nature parks More than 50 regional and state parks beckon travelers to hike through redwood forests, paddle along the coast, or just sit down and enjoy the sounds of nature. 4. Dip a toe in the acific Ocean Miles of pristine sand, rugged cliffs, scenic viewpoints, whale watching, and more give visitors reasons to visit more than 55 miles of amazing acific coastline. 5. Unwind at top spas and resorts There s nothing as rejuvenating as a great massage. Resorts and stand-alone spas enhance any visit. 6. Eat gourmet local cuisine Get a true taste of Sonoma County. Many restaurants owners either grow their own produce and meats or source them locally. 7. Experience history Sonoma County became the birthplace of California s wine industry when self-proclaimed count Agoston Haraazthy brought cuttings from 165 of the greatest European vineyards to California. Discover the northernmost and last Spanish- Mexican mission built along California s historic El Camino Real; Sonoma State Historic ark; Fort Ross; etaluma, one of the oldest cities in California; Jack London State ark; and much more. 8. Enjoy a wide variety of recreational activities Sonoma County offers 19 golf courses, Safari West Wildlife reserve, Sonoma Canopy Tours (zip line), hiking, horseback riding, kayaking, hot-air ballooning, and much more. 9. Ride a bike Sonoma County is known as a cyclist s paradise with 1, miles of secondary roads and off-road bike trails. Go all out, attacking tough climbs or cycling from winery to winery on a tasting tour; Sonoma County offers you the best cycling experience in Wine Country. 10. Discover a vibrant arts scene The acclaimed Green Music Center is a world-class performing arts center that joins a palette of 30+ performing arts centers and more than a hundred galleries and museums. With 27,000+ artists and hundred of music and art events each month - open studio events, art walks, art show openings - is it any wonder that Sonoma County is said to have more artists per capita than anywhere else in California? 23
17 MARKET OVERVIEW 24
18 Sonoma County Wine Appellations, arks & Wildlife Refuges MARKET OVERVIEW 25
19 Status: Successful pursuit of over $71 million in regional, state and federal grants for both rail and pathway segments means that hase 1 will now serve 10 stations along 43 miles. hase 1 passenger service from Airport Blvd. in Santa Rosa to downtown San Rafael begins in late with active pursuit of funding for the Larkspur Extension in the works now, and numerous opportunities for additional rail and pathway segments being explored 41.5 miles of new track, crossings, bridges and signal improvements are complete. In partnership with the City of Santa Rosa, a new athway segment is open between 8t St. and College Ave. MARKET OVERVIEW 26
20 Visitor Spending in Sonoma Country Visitor spending measure the amount of money tourists spend and what they spend it on when they visit Sonoma County. Total visitor spending increased 2.4% between 2013 and The largest share of visitor spending went towards food and beverage services (27%) and accommodations (21%). MARKET OVERVIEW Distribution of Visitor Spending by urchased Commodity Sonoma County, % 21% 9% 27% 19% Accommodations (21%) Food Stores (3.7%) Arts, Entertainment & Recreation (19%) Food & Beverage Services (27%) Ground Transportation & Motor Fuel (9%) Retail Sales (19.7%) 27 Source: California Travel Impacts by County, California Travel and Tourism Commission, 2015
21 Santa Rosa Just 55 miles north of San Francisco, Santa Rosa is a vibrant city overflowing with all we love about California. In Santa Rosa everything comes together - wine country and farm country, redwood forests and rivers, lakes and ocean. And in the center, is a charming, thriving downtown, lined with intriguing shops and restaurants that delight casual diners and serious connoisseurs of fine food and drink. Santa Rosa is the unbeaten path to all that s well-known and yet still undiscovered about Northern California. Endless outdoor activities under pristine, sea-tosky, Northern California sunshine. A handcrafted culture at the leading edge of everything form microbrews to maker fairs. The hub of American cycling, on road and off. A foodie paradise without the pretense. In the heart of wine country, but with an active urban subculture. Santa Rosa is a place for those whose cravings for adventure go beyond the conventional. MARKET OVERVIEW Historic Neighborhood WiFi WiFi Historic District Historic Neighborhood Historic Neighborhood Historic Neighborhood WiFi Comstock edestrian Mall Historic Neighborhood
22 10 Best Highlights of Santa Rosa 1. Luther Burbank Home and Gardens Visit the place where gardening comes naturally. world-renowned varieties of plants and vegetables. The Luther Burbank Home & Gardens highlights Luther Burbank s MARKET OVERVIEW 2. Historic Railroad Square Step back in time with a visit to Historic Railroad Square where you will find antiques, unique shops, collectibles coffee houses, vintage shops and an abundance of restaurants. For railroad buffs, the Northwestern acific Rail Room Gallery is located at the California Welcome Center in the historic Train Depot. 3. Vintners Square Drop by Vintners Square, the home of D Argenizo Winery and Cibo Rustico izzeria. 4. Wells Fargo Center for the Arts Enjoy live entertainment. Celebrity entertainers fill the house at the Wells Fargo Center for the Arts. 5. Try your luck at the Casino Try your luck at River Rock Casino just north of Santa Rosa. 6. Downtown Santa Rosa Enjoy restaurants in Downtown Santa Rosa and have a bit to eat at Belly Left Coast, La Rosa Tequila, Mac s Kosher Style Deli, Stout Brothers Irish ub or Mary s izza - all located along Fourth Street, downtown. 7. Music and entertainment The Green Center at Sonoma State University is the home of the Santa Rosa Symphony. The Center brings world-class entertainment to Weill Hall. For a fun evening of music, comedy and karaoke try Annie O s Music Hall in Railroad Square. 8. Shop for antiques Go treasure hunting at Whistlestop Antiques, the oldest antiques cooperative in Sonoma County is located at Fourth and Davis Streets in Historic Railroad Square. 9. Take a walking tour Explore Santa Rosa s historic neighborhoods with self-guided walking tours. California Welcome Center in Railroad Square. You can get maps of the area at the 10. Fresh & Local Stop by one Santa Rosa s year-round Farmers Markets at the Wells Fargo Center or the Veterans Memorial Building on Wednesday s and Saturdays. 29
23 Market'Comparables'for'Small'resort'accomodations roperty'name eak'rate Off:eak'Rate Description #'of'units Fern%Grove%Cottages,% Guerneville $1195$229 $1395$289 Food/Restauarnt'on' remise?'(y/n) Amenities Other'Notes Cottages%range%from%studio%to%25bdrm.%All%have% private%bath.%some%have%kitchens,%whirpool%tubs% and/or%wood%or%gas5burn%fireplace.% 20%cottages Y%5%breakfast et5friendly.%has%a%saline%pool. Craftsman5style%cottages%date%back%to%1920s. Raymond's%Bakery%B&B%at% Elim%Grove,%Cazadero $ $ Cottages%range%from%256%guests.% 5%cottages Creekside%Inn%&%Resort,% Guerneville $1315$283 $ Studio%to%25bedroom%cottages%with%full%kitchens;% Some%units%share%porches.%Single%B&B%rooms% avaialble. N%5%but%there%is%an%associated% bakery%right%there. 22%cottages%(plus%6%B&B% rooms) Y%5%breakfast Units%a%bit%dates,%but%perched%over%Russian%River AENDIX B: RESORT MARKET STUDY Dawn%Ranch,%Guerneville $ $ rivate%bath.%most%include%small%sitting%room.%range% in%size%from%1505%square%feet 53 Y%5%Agriculture%ublic%House% serves%local%craft%beer%and%farm5 to5table%food. ool 155acre%property%hosts%weddings/events.%Cabins% are%110%years%old. Sonoma's%Best%Guest% Cottages,%Sonoma $ $ $275%5%$445%% rivate% Olea%Hotel,%Glen%Ellen Cottages One5bedroom%cottages,%3%are%for%2%guests.%1%can% accommodate%4.%full%kitchens,%bbq,% Hotel%has%two%private%cottages.%Main%building%has%8% rooms%and%lobby%building%has%2%king%rooms. 4%cottages 2%cottages,%10%rooms N%5%but%they%do%have%a%wine%&% deli%store%and%will%arrange%picnic% baskets,%cheese/charcuterie% platter,% Y%5%complimentary%breakfast,% wine%tasting N%5%but%they%are%adjacent%to%and% Healdsburg%Modern% Cottages,%Healdsburg $ $ Four%cottages,%ranging%from%1,000%square%feet 4%cottages co5operated%with%barndiva% restaurant Bicycles%for%getting%around%town. Duchamp%Hotel,% Healdsburg $ $ King%bed,%fireplace,%mini%bar,% 6%cottages Y%5%continental%breakfast ool,%hot%tub,% Massage Cottages%of%Napa%Valley,% Napa $4995$+ Cottages%range%from%45051,%square%feet. 8%Cottages Breakfast%basket%from%Bouchon% Bakery%filled%with%fresh%pastries% and%delivered%to%your%door.% Cheese%plate,%s'mores%basket,% decadent%dessert,%champagne% and%wine%all%can%be%orderd%a%la% cart. In5cottage%spa%treatments,%bikes%on%the% property%for%guest%use.%dinner% transportation%into%yountville%provided.% Silverado%Resort $5025$527 $ One5bedroom%cottages,%745%square%feet,%full%kitchen,% fireplace,%private%patio 32%cottages Y%5%2%restaurants Two%GA%golf%courses,%10%swimming% pools,%tennis%courts The%Farmhouse,%Forestville $595%5%$1495 Auberge%du%Soiell,% Rutherford $6005$5200 $6005$5200 Cottages%range%from%queen%standard%(250%sq.%feet)%to% king%suite%(600%square%feet.)%other%rooms%range%from% 2005%square%feet. 5%cottages,%20%rooms Two%1,800%square%foot%two5bedroom%homes.%Suites% and%rooms%also%available. 2%houses,%50%Rooms Y%5%multiple Y%5%Michelin5starred%restaurant,% breakfast%included. Spa,%seasonal%heated%pool%&%hot%tub%% %Concierge%team,%bell%staff%and%wine%director 7,000%square%foot%spa,%pool%&%jetted%tub,% gym,%steam%rooms,%one%outdoor%tennis% court,%yoga%pavilion,%outdoor%sculpture% gallery Adult%only.%Must%be%16%years%or%older. MacArthur%lace,%Sonoma Cottages%5% $699,%Deluxe% king%suite%$599 Two%cottages,%plus%standard%rooms%and%suites 2%cottages,%64%Rooms Cottages%have%%sq.%ft.%inside%and%%sq.%ft.%private% $701% space%outside.%fireplace.%outdoor%shower/tub.%suites% (cottage),% $425%(cottage),% are%900%sq.%ft.%&%join%two%cottages%together.%homes% $1485%(suite),% $895%(suite),% are%2,%sq.%ft.%with%kitchen,%two%master%suites,%den% Carneros%Inn,%Napa $2,398%(house) $1,690%(house) that%functions%as%large%bedroom Solage,%Calistoga $770 %% 89 Approx.%96%cottages,%17% suites%and%24%houses.%some% suites/houses%are%privately% owned. Y%5%3%restaurants Y%5%Continental%breakfast,%nightly% wine%and%cheese%reception,%full% restaurant Spa,%pool,%fitness%center%on%7%acres Will%rent%out%entire%site. Michelin5starred%Solbar% restaurant Has%a%general%store,%boutique,%spa,% pools/hot%tubs,%fitness%center,% complimentary%bicycles,%bocce%ball,%pet% friendly.% Complimentary%cruiser%bikes,%the%Spa% Solage%is%also%unique%for%its%"mud%bar"% and%on5site%geothermal%pools,%private% bungalows,%two%pools%for%family%and% adults5only. 22%acres Meadowood,%St.%Helena $1,200 Standard%Suites,%+ 99%Rooms Restaurant%on%site Tennis,%golf,%spa,%pools%for%families%and% for%adults5only.%fitness%center. rivate%/%secluded Calistoga%Ranch,%An% Auberge%Resort,%Calistoga $1,375 "Lodges"%are%2,%square%feet,%2%bedrom%house%with% fireplaces,%private%decks,%outdoor%rain%showers%and% floor5to5ceiling%windows.%there%is%also%a%hotel%on%site. Lodges%and%50%hotel%rooms The%Lakehouse,%restaurant rivate%lake,%wine%cave,%spa%and%mineral% pool%and%fitness%center Free5standing%lodges%are%privately%owned%and% rented%out%per%night. Resorts'most'comparable'to'Solstice'hase'1:'Dawn'Ranch,'Guerneville;'Healdsburg'Modern'Cottages,'Healdsburg;'Duchamp'Hotel,'Healdsburg Resorts'most'comparable'to'Solstice'hase'2:'Cottages'of'Napa'Valley,'Napa;'The'Farmhouse,'Forestville;'Carneros'Inn,'Napa 40
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