Investing in Brampton s downtown 1
REVITALIZING DOWNTOWN BRAMPTON The Next Chapter Public Information Session November 2, 2011, 7 9 pm
AGENDA Welcome and opening remarks: City of Brampton Southwest Quadrant Renewal Plan: City of Brampton Overview of Dominus and the plan: Dominus Overview of Zeidler and Phases 1 and 1a: Zeidler Design, construction and scheduling overview: Dominus and City of Brampton Q&As and closing remarks 3
DELIVERING ON COUNCIL S VISION In 2009, Council directed staff to put in place its vision to revitalize the southwest part of downtown Brampton Direction launches groundbreaking RFP process in 2009 Milestones reported over a two-year period at several public City Council meetings Council makes decision to approve Dominus as long-term development partner Staff directed to negotiate agreements for Phase 1 and 1 a (March 28, 2011) and made decision to proceed (August 10, 2011) 4
COUNCIL S VISION Revitalize Downtown s Southwest Quadrant Bring together major institutional, cultural, commercial and entertainment uses Address City s long-term administrative needs Recognize intensive, mixed-use forms with a street and public realm, and create pedestrian-friendly and transitsupportive neighbourhoods 5
COUNCIL S GUIDING PRINCIPLES Anticipate and accommodate future growth of the city Centralize civic employees in Brampton s historic downtown Insulate taxpayers: control space costs and ensure value-for-money for taxpayers 6
COUNCIL S GUIDING PRINCIPLES Contribute to the revitalization of the downtown Manage risk: ensure an appropriate balance between public and private sector risk 7
DELIVERING ON COUNCIL S VISION Partner with the private sector to: Achieve creative solutions for building, design and maintenance Insulate taxpayers by transferring risk (i.e., construction risk, financing risk) Leverage project management expertise to deliver the project within budget and on time 8
TRANSACTION HIGHLIGHTS City leases site to Dominus for construction term plus 25 years Dominus to construct and finance building and lease to City City pays base rental payment of $8,209,170 per year for 25 years starting in 2014 Dominus leases Phase 1 and 1a space to City for 25 years City to own all of Phase 1 and 1a buildings at end of 25 year lease term 9
TRANSACTION HIGHLIGHTS (Continued) Dominus manages retail space for 25 years City and Dominus share retail revenue 50% each No additional payments required for City to receive ownership of land and buildings at end of lease term City can buy-out retail management agreement after first term 10
TRANSACTION HIGHLIGHTS (Continued) City will operate and maintain the new facility using City resources Significant cost savings will be achieved through assembled workforce, economies of scale and existing competitive maintenance contracts 11
PHASE 1 AND 1a DELIVERABLES LEED Gold certification and barrier-free accessible building 9-storey building at 41 George Street with five levels of underground parking (446 spaces) 2-storey addition to the existing City Hall Multi-purpose meeting rooms and committee rooms 16,000 square feet of ground level retail space Police services in the downtown 12
PHASES 2 AND 3 Development of Phases 2 and 3 is subject to Council s approval of timing and scope, and will be based on further citizen and stakeholder engagement 13
PROJECT FINANCING SUMMARY City Obligations Annual Costs starting in 2014 Nature of Costs Estimated Value (2011 dollars) Ongoing Costs starting in 2014 Net Annual Occupancy costs Net annual operating and maintenance costs $7.2 million $1.0 million Combined Occupancy and operating costs $8.2 million Items to partially offset these costs starting in 2014 Retail lease revenue (City Share) Reduced operating costs from using City resources $0.2 million $0.3 million These costs will be funded by the reallocation of tax funded capital spending beginning in 2014 and not through additional property taxes 14
VALUE FOR MONEY Value for money is always a key consideration Dominus Final Offer: Deloitte Consulting Financing rates: Financial Institutions/Benchmarks Project values including Construction Costs: Hanscomb Limited, Cost Consultants Lifecycle Costs: Staff and Altus Helyar, Cost Consultants 15
LONG-TERM ECONOMIC IMPACT Combined value of all three project phases: $251 million Over $300 million when combined with recent City investment in Downtown Brampton (Alderlea and Rose Theatre) Over $400 million when combined with public sector investment in Downtown Brampton, since 1986 Leveraging, $109 million in private sector investment has been made in Downtown Brampton from 2003-2010 16
Southwest Quadrant Renewal Plan City of Brampton 2 November 2011
Dominus Introduction
Introduction Dominus
Residential - Institutional / L Tower, Toronto Residential / Pier 27, Toronto Introduction Dominus
Residential - Commercial / Absolute Tower, Mississauga Residential / The Shores, Oakville Introduction Dominus
Residential - Commercial / London on the Esplanade, Toronto Residential / Aria Condominiums, North York Introduction Dominus
Zeidler Introduction
Integration Solutions Creativity Zeidler Office Interior Introduction Zeidler
Urban Design / MediaPark, Cologne Germany Office / MediaPark, Cologne Germany Introduction Zeidler
Residential / RCMI, Toronto Ontario Office/ The Bow, Calgary Introduction Zeidler
Health Care / Peel Memorial, Brampton, Ontario Institutional / Mohawk College, Hamilton, Ontario Introduction Zeidler
Institution / Public Library, Belleville, Ontario Institution / Learning Center/ Ryerson University, Toronto, Ontario Introduction Zeidler
Transportation / Union Station, Toronto, Ontario Retail / Canada Place Canary Wharf, London UK Introduction Zeidler
Institutional / Mohawk College, Hamilton, Ontario Introduction Zeidler
Transportation / Union Station, Toronto, Ontario Introduction Zeidler
Institutional / Belleville Public Library, Ontario Introduction Zeidler
Canadian Embassy / Seoul, Korea Introduction Zeidler
The Vision
USES Phase 1 (2014) Phase 2 (targeting 2014) Phase 3 Office Library Office Community police office Retail Retail Meeting rooms Committee rooms Retail Preliminary Program Elements
Renaissance Downtown Brampton Disperse new development to reinforce the Four Corners Each new project fosters renewal around it Our vision is not radical based on City s goals and principles Design to be iconic downtown to be a destination Requires transportation modes other than the car Life to be not just in buildings, but in the streets Four distinct, but related sites
Queen St. W. Site 1 41 George St. S. Site 1a 33 Queen St. W. Site 2 20 George St. Site 3 65 Queen St. E. The Vision Urban Design Context
The Vision Urban Design Context
Site 2 Site 1 Site 1A Site 3 The Vision Streets & Passages
Site 2 Site 1 Site 1A Site 3 Parking
Site 1-41 George St. S. Site 1a - 33 Queen St. W.
George St. S Main St. Queen St. W Site 1 (Indicative Lot Area) Site 1A (Indicative Lot Area) Brampton City Hall Aerial View of the Site
Site 1 Queen St. Site 1A Queen St. Existing Site Conditions
3 6 5 2 4 1 1. Forecourt 2. The Room 3. Bridge 4. Public Rooms 5. Roof Garden 6. Office Space The Solution
4 1 6 2 5 Site 1 3 Site 1A 1. Forecourt 2. The Room 3. Bridge 4. Public Rooms 5. Roof Garden 6. Office Space Site Plan
View of Complex Looking Towards Queen Street
View of Forecourt and Room from Queen Street
View of Queen and George Street Corner
*211.5 *212.0 *210.9 *211.0 Site 1 Site 1A Ground Floor Plan
Site 1 Site 1A Second Floor Plan
Site 1 Typical Office Floor Plan
George St. Elevation Section Parking Plan and Transverse Section
Interior Vignettes View of the Room"
Interior Vignettes View of Link to George Street
Interior Vignettes View of Bridge above George Street
Interior Vignettes View of Office Floor
View of Queen and George Street Corner
Site 2-20 George St.
Queen St. W. The Solution
Existing Site Conditions George St.
The Solution Inspiration
The Solution Image
The Solution Site Plan
The Solution Section
Site 3-65 Queen St. E.
Queen St. W. The Solution
Existing Site Conditions Queen St.
The Solution Site Plan
The Solution Section Transverse Section
The Solution Image
Site 1 & Site 1a Hoarding Plan & Construction Schedule
Site Hoarding Plan
Demolition: November 2011 December 2011 Shoring: January 2012 April 2012 Excavation : March 2012 June 2012 Forming: June 2012 August 2013 Base Building Completion: January 2014 Construction Schedule
Site 1 & 1a Visionary Sketch
THANK YOU! For additional information and project updates: Call e-mail swq@brampton.ca www.brampton.ca