RFP Workforce Housing at Canyons Village. Developers Meeting 10/19/2016

Transcription

1 RFP Workforce Housing at Canyons Village Developers Meeting 10/19/2016

2 CVMA Overview - CVMA Formed in November 1999 to oversee the development and progression of the Canyons Village Specially Planned Area (SPA). - The CVMA functions as the Master Association for the Canyons Village and provides various services including, but limited to: - Upholding resort aesthetics and ensuring cohesive growth by reviewing proposed development for compliance with design and architectural guidelines. - Facilitating resort beautification and upkeep through services such as landscaping, snow removal, road maintenance, etc. - Contributing to and developing amenities and events which promote Canyons Village as a world class destination community. - Monitoring Village traffic and implementing traffic mitigation efforts. - Developing workforce housing to keep pace with development. - Various other County obligations to provide community amenities.

3 Site Overview

4 Location/Site Characteristics - Overview Cabriolet Lift Terminus

5 Location/Site Characteristics - Topography - Approximately 15 ft. grade change from east to west across property. - Approximately 5 ft. grade change from north to south across property. - The site will be approximately 3.4 acres in size.

6 Location/Site Characteristics LV Area Master Plat

7 Preliminary Site Concept - Think of the site as a blank canvas. - The draft Lower Village Master Plan (right) is provided for contextual use to assist in understanding the many moving parts involved with the development of the Lower Village. - The current workforce housing configuration shown in the draft Lower Village Master Plan contains advantageous elements. However the draft Master Plan only represents one possible site plan, and does not necessarily represent the best possible thinking or solution. - As Constant Variables: - Lower Village Parking Structure (B,C) - Vail Controlled Surface Parking (G) - Cabriolet Lift Terminus (Q) - Transit Center (J,K) - Convenience Store (L) - Hole 15 of the Canyons Golf Course) - Independent Variables: - Conceptual Workforce Housing Buildings (E) - CVMA Surface Parking (D)

8 Building Height - Currently the Land Use and Zoning Chart allows for a maximum building height of 2-3 stories. However, possibility exists in which the Land Use and Zoning Chart can be amended to allow for a maximum of 4 stories. 3 Stories 4 Stories 3 Stories

9 Parking - Currently, the requirement for parking is 0.8 spaces/unit. - Approximately 55% of parking may be available adjacent. (depicted in blue) - Underground parking will need to be explored as a means to preserve surface space available for accommodation area.

10 Communal Space - Due to the tight constraints of the property and desire for high amounts of accommodation space, green/open space will be an issue. This concern is mitigated by the many existing multiseason activities available within close vicinity. - In order to enhance the living experience, the CVMA envisions the use of common spaces such as games rooms, theatre rooms, hang out rooms, communal kitchens, on-site laundry, etc. to help off-set the compact nature of the project.

11 Number and Size of Units - As mentioned above, the CVMA does not know the final number of employees they will be required to house as per their obligation. However, the intention of this project is to reasonably maximize the potential number of accommodations within the existing land available. Should the final community obligation exceed the highest capacity available as part of this project, the CVMA will look for additional housing options (on or off site) as buildout density requires additional workforce housing (it is our goal, however, to prevent this possibility).

12 Utilities Overview

13 Lower Village Utilities Overview

14 LV13 Cost Sharing Agreement

15 Capacity/Accommodation

16 Scale/Number of Employees to be Accommodated *Subject to final discussions/approval through Summit County

17 Development Agreement Obligation Structure

18 Obligation Structure Excess Interim Capacity

19 Preferred Project Delivery Methodology

20 Based on its analysis to date, the CVMA would prefer proposals whereby the developer: - Leases the Property from the CVMA pursuant to a long-term ground lease. - Designs the Workforce Housing Project - Constructs the Workforce Housing Project; and - Operates the Workforce Housing Project However, the CVMA will consider submissions presenting alternative delivery methods, including those under which the developer proposes to purchase the Property from the CVMA.

21 Preferred Project Delivery Methodology Ground Lease/Purchase: - During the exclusive negotiation, the CVMA may consider reducing the rent or purchase price based on demonstrated need, provision of amenities, energy efficiency measures, and the use of premium construction materials. - If the delivery methodology involves a sale of the Property to the developer, the purchase price of the Property will be determined by the CVMA, taking into account an appraisal valuation.

22 Preferred Project Delivery Methodology Design: - Creative site planning/design will be required to reasonably accommodate the maximum number of employees. However, parking, interconnectivity, and potential open space will need to be integrated into the plan as well. - Design of the Workforce Housing Project must be compliant with the architectural design guidelines of the Canyons SPA and be aesthetically cohesive with existing development. - The Workforce Housing Project will be highly visible from Highway 224 and is adjacent to both the Canyons Village entrance and Hole 15 of Canyons world class golf course. A positive visual impact is essential.

23 Items of Key Importance

24 Turn Key Approach: Items of Key Importance - The CVMA envisions the workforce housing to be designed and operated in a way in which employees can move in within a short amount of time with nothing more than basic possessions (perhaps only a pair of suitcases). - Proposals should explore design and amenity principles found within micro styles of housing in which furniture is potentially built-in and serves a multi-functional purpose, storage space is integrated into various elements, and space-efficient floorplans feel spacious and clutter-free. - An ideal example of turn-key approach would be an employee who shows up mid-day, signs an agreement at the property management office, walks into their housing unit, unloads their suitcases into closets/dressers, tosses their backpack on their bed, catches a bus within a few minutes at the transit hub to grab groceries at Kimball Junction, and is back to the resort in time to begin work on an evening shift. (no need to connect utilities, shop for furniture, etc.)

25 Turn Key Approach: Items of Key Importance

26 Turn Key Approach: Items of Key Importance

27 Turn Key Approach: Items of Key Importance

28 Number of Accommodations Items of Key Importance The CVMA is striving to meet the housing needs of the greatest number of Canyons Village employees possible all while considering employee quality of life and the need for open/green space. Developers who are able to creatively/efficiently/effectively accommodate the largest number of employees will find their proposals amongst the most competitive.

29 Construction Timeline/Phasing Items of Key Importance It is the desire of the CVMA to expedite the development timeline as much as possible. Preference will be given to developers who can complete the entire Workforce Housing Project in one or more phases by the end of 2020.

30 Long-Term Management Items of Key Importance Proposals will need to demonstrate indefinite sustainability in the following areas: - Financially - Proposals will need to show that they are able to operate indefinitely under the premise that the one and only permanent use shall be workforce housing. - Maintenance and Upkeep - Proposals will need to show that they have planned and incorporated a long-term maintenance and upkeep budget and schedule as part of their financial pro-forma. The project is expected to maintain a high quality of living and aesthetic appeal. - Proposals need to demonstrate their understanding and incorporation of the CVMA s continued role in assuring the Workforce Housing Projects long-term operation.

31 Dates/Deadlines/Process EVENT Notice of Request for Proposals Opportunity Posted DATE October 5, 2016 Development Information Meeting October 19, 2016 Requests for Additional Information Due No Later Than: November 8, 2016 Proposals Due December 2, 2016

32 Open Forum Questions

33 CVMA Contact Information Project Manager: Brian Madacsi CVMA Office: 1790 Sun Peak Drive Park City, Utah (435)