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2001-07-20 ARRA PacketThe Regular Meeting of the Alameda Reuse & Redevelopment Authority (ARRA) Scheduled for July 5, 2001 has been CANCELED SPECIAL MEETING NOTICE Alameda Reuse & Redevelopment Authority (ARRA) and Master Developer Selection Committee Site Tours July 20, 2001, 9:00 - 3:00 p.m. Site Tours: Mare Island and Mission Bay Tour leaves Alameda at 9:00 a.m. from City Hall West - 950 West Mall Square (the site tour will also include a (visual inspection of Hamilton (Novato) 9:30 - 11:00 am Mare Island (Harbor Bay/Lennar) 11:30 am Hamilton Air Force Base - drive - through with a brief overview by Keyser Marston 12:30 - 2:00 pm Mission Bay (Catellus) 3:00 pm Return to City Hall West July 23, 2001, 9:00 - 2:00 p.m. Site Tour: McClellan Air Force Base Tour leaves Alameda at 9:00 a.m. from City Hall West - 950 West Mall Square 10:30 - 12:00 pm 2:00 pm McClellan (Alameda Point Community Partners) Return to City Hall West AGENDA A special meeting has been called to permit the ARRA Board to attend a site tour of development projects within other jurisdiction that were completed by the three Master Developer candidates for development of Alameda Point. AGENDA - * *REVISED LOCATION Special Meeting of the Governing Body of the Alameda Reuse and Redevelopment Authority * * * * * * ** Alameda City Hall * *Council Chamber, Room 390 2263 Santa Clara Avenue Alameda, CA 94501 Thursday, July 19, 2001 Meeting will begin at 5:30 p.m. City Hall will open at 5:15 p.m. 1. ROLL CALL 2. ACTION ITEMS 2 -A. Report from the Development Services Director regarding the Master Developer presentations. Master Developers (listed in alphabetical order)* Alameda Point Community Partners Catellus Development Corporation Harbor Bay Lennar LLC *Presentation order will be determined prior to the meeting by random selection. 3. Public Comment on Non - Agenda Items Only. Anyone wishing to address the Board on agenda items only, may speak for a maximum of 3 minutes per item. 4. ADJOURNMENT Notes: • Sign language interpreters will be available on request. Please contact Lucretia Akil, ARRA Secretary, at 864 -3400 at least 72 hours before the meeting to request an interpreter. • Accessible seating for persons with disabilities (including those using wheelchairs) is available. • Minutes of the meeting are available in enlarged print. Alameda Reuse and Redevelopment Authority Interoffice Memorandum July 12, 2001 TO: Honorable Members of the Alameda Reuse and Redevelopment Authority FROM: Doug Yount Development Services Director SUBJECT: Master Developer Presentations Background 2 -A In March, 2001, the ARRA Board approved a "short list" of three finalist Master Developer teams to proceed to the next stage of selecting a Master Developer to develop Alameda Point. In April, 2001, a Request for Business Proposals (RFBP) was prepared and provided to each development team. The teams then submitted their Responses to the RFBP on June 4, 2001. Since that time, the Responses have been posted on the web site, two community workshops have been held to allow residents and business owners an opportunity to hear from the three developers and comment on the proposed plans, and the Selection Team has met once and will continue to meet weekly to evaluate the Responses and present its work to the Executive Director in early August. In addition, the development teams made presentations to the Alameda Point Advisory Committee at its June 20 meeting. The three prospective master developers for Alameda Point have been invited to present their proposals to the ARRA Board during a special public meeting to be held on July 19, 2001. The purpose of the meeting is for the Board to have an opportunity to meet the developers, hear their proposals for Alameda Point, and ask questions. Board members will use information gathered from this presentation to assist them in selecting one team as the Master Developer of Alameda Point. The ARRA Board is scheduled to select a master developer on August 9th. Honorable Members of the Alameda Reuse and Redevelopment Authority Discussion and Analysis July 12, 2001 Page 2 The Master Developer selection is based on the criteria established in the Request for Business Proposals (RFBP). The criteria are detailed on pages 34 —39 of the RFBP. In summary, the criteria are as follows: • Proposed land use and phasing plan; • Expedition of the conveyance and redevelopment of the property; • Preservation of the existing lease revenues to ARRA; • Assumption of responsibility to manage and maintain the existing assets; • Maximization of land purchase price through a base purchase payment and a participation payment; • Minimization of risk and cost exposure to ARRA; • Developer's financial strength and commitment to the project; • Quality and continuity of senior management; • Responsiveness to 14 Site Specific and Community Development Issues. To assist the Board in reviewing the three business proposals, the ARRA's consultant team has prepared the attached set of summary materials. The materials have been prepared based on information contained in the responses to the RFBP, as well as information provided during working sessions held on June 26th with each of the three teams. The summary includes: • Summary of Proposed Land Use, Phasing, and Transportation Plans (Tables A and B); • Summary of Development Team and Approach to Development (Tables C and D); • Approach to Asset Management (Table E); • Approach to Expediting the Redevelopment of the Property through an `Early Transfer" (Table F); and • Summary of their Approach to Maximizing Land Value to ARRA and limiting ARRA's risks and cost exposure (Table G). The July 19th meeting gives the ARRA Board an opportunity to hear from each of the developer teams, ask questions and request clarification of the materials provided and to take public input on the developer Responses. However, no action is requested at this meeting. Following the special meeting, staff has scheduled site visits for the ARRA Board and the Selection Team on July 20 and 23 to tour representative projects for each of the teams. Honorable Members of the Alameda Reuse and Redevelopment Authority Budget Considerations /Fiscal Impact None. Recommendation July 12, 2001 Page 3 It is recommended that the ARRA Board hear the developer presentations, ask questions, request clarifications as necessary, and take public testimony. DY/DP /la Respectfully submi Doug Yount Development Services Director By: ebbie ' otter Base Reuse and Redevelopment Manager Attachment: Summary Materials 0 Recreation /Open Space' Education /Cultural /Civic 2 Industrial /Office Residential 0 EL-) cR3 0 "c3 0 eL O5 el N- 04 'ct 01 CO N. c.1 co '4- Zca --113 <4' 0 CO "'I' 0 V 0 0 0 o Z CI) d a) '1' co cc CD 0 Lo qt 03 cr cd ,t2„) La N-• 0 0. 1— u) ci. Z 0 0 0 0 0 a) cn o o cr eL Z- 0 1— a 0 CD cn c0 cr cL 4.11 CD 15. 0 0 1.6 CD co CO 0 CD CD '4- (0 o co Lo N: co co' o - cti o 0a) -a- 01 1— Cci CO 05 0 0 F- 3 c Z N. CD 0 01 0 CO 0 CO CD c CD co 0 0 0 0 0 N. (NI CD CO CD 0 = 0 .' 0 _a) o co t.c. Ca n. CO (71 (.4 . CD CD csi CO 07 CL Tti 76 CO < Ca 0 0 0 0) CO N. ‘t 0 0 0 0 0 0 0 0 0 c 0 0 0 0 0 0 0 0 LC) 0 0 0 0 Lo 0 0 0 0 tr) C) 0 0 0 0 co 0 co- o) 0 CD 0 0 0 0 0 0 CD co 0 0 0 0 0 0 cc) cp C) 0 (0 co CD U) N. CD co C') LC7 N. N. (.4 C) 0 CO C) 0 v- 4, (:). LO N-- CM 0 CO 0 0 I-- N. 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S "1:3 '5 -C to- c a) 0 g)) E c .o) C LOU, o a. o -0 > a a) o 0 < 0) 0 0 01 .0 15 e fa g c 0 -5 gi 00 ‚CC ;) C Ti3 .0 o 0: 2 0 us < 5 '5 u. a) -o .o C 8 -o a) _c cr, 8 0_ ta co .a) 8 -o .u, 8 0 a. 0 0 0 N. (.3 So (1) 111 0 0 0 LU C o E 0 ca 2 '-0 o >. -o 0. 2 a' o. LAND USE ELEMENTS ALAMEDA POINT RFBP RESPONSES C C 03 0 -0 C o) o To- co 2 CL 't ,4 CO CO a) u) El_) a a I..." -0 < C CO CO .C7.--11 jai ..-. -M „17: 0, 0 b - 0) . . z :.3 c — 03 8 'E .8 to 0 0) E a) .8 E a) Ca) (r) -5 a) 0 o a) o a_ u) :.” •CO >, E co -5-4 co ca C 0 = ms 9 ..c 2 a *.'D co ..., 2 2 .a. („E 5 76 0 _as '5 .7:e -8 u) c :•-• Q. .r. '0 E 2 g 0 2, . (0 .... 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C0 0 as .— cD :2 ill E l— as 0 a 0) ra ..c < V> 15 .-- a) a) 'cl' ca ...5 C 0 2 -52 t ...6 V u_ 5 -g a) 0 O . a. c c 0 0 0 C o • - la I 'CI 2 :: 9 Q_ .c c < E .4 8 ca 5 8 .a)0 -- C 0) 0 CO cu GO u) 0 C c -0 CO .0 C 7 C- 0) o a2 ) a) "Es :•--. 2 Ca -8 .xu2 -0 a) 0 2 o E -5 c > -a '5 t.5 g a 2 2 a) 2 Tn. iii --ct-5 0 c c a o o t) x 00 OW Institute shuttle for western Alameda cs) co a) E 2 2 CU) 0 a E xa) a) .o Ca Ca o E c 2 "C CO CO „," "c'as -2 C 2 o 0 C 0 -0 C C 0 § • C .0 M c o8 •E3 a g o To" (000) < Z C21 0 8 x a) 0) .c -c Cl) 0 g • E .c o > zc, 0a) V (1) a) 0 4 a. CE 0 .c .5 Ca 2 1:D' -t ao c a .6 00 .= co To OC 2 a o g 0 -o 17 -0 > 0 2 5 CD CL 0o 2 E ° a9 g 0 ..g o " as c a) 8 C -0 Cl) 0 c z 9% moderate No concentration of affordable units 17% moderate Affordable seniors housing Explore all available funding sources s will partner with other nonprofit affordable housing developers. Ca 0 Create both affordable rental and ownership opportunities Provide diverse housing types 10002.001\Table B LAND USE ELEMENTS ALAMEDA POINT RAW RESPONSES 0) c co co a -c- c, c -..... E co 0 -0 E 0) 00 "-o- a) sa., ..c cc o ,... u, 0) 0 o c co v., :: E 0) -t c „:, co -J .0 13. Ta' 0 a) >0 .c a) 0) z co c'S c 04: '0 E ° = E _. ,.... , a >, >, a) c3) _ ° = (a 2 CQ Z5 0) 0. rts .0 '8 B. .... :••■ (1) rc c 75 2 E 0 C c o .2 .c E 0 i a- la 2 E c o ° 4'7; ° ITT 8 42 E -4= 0 al 0 la> .be . o a — a) o as 0 ,._ .1) 1 V) cn 0 c .05 cc 1..0 a to c 0 o c o c c 8 0) to 0) o 1:1 0. 0 u) c t-Ts O o a. o ..= as c 15 2 c CO Q r, CD .8 c o 8 as E co a) -o- o 0 .5 8 a CO CD o 13 a. >, a) , o -o al 0) E t.. ni .0 < ca 2 a) > 4.- al a 2 8 (,) E 1-°6 Pp° Ea) ow> F3 2 0. 0 , •2 0 ..-• = 0 B a) 2 0. 0)0 o a, 0. x CD C4: 0 .§ w 0 co a co a) as a o o .0 a) o (Ts a 8 :1.5 a) ln .c r... LL a) = o) c a) a) z a> o c o tc.) 4+ -257 a .O1 a a d 1— _ u_ co co o 2 1 c 0 -.a. .(7, .6- _c u) 0 c O c o ... a, E0)" 3 .4 a5 a' 0 0 0 ,. a. s2 fh a) . > 2 E -8 2 E -o ca . c o al as c 0 cl.. 2 0< c 0 a 4.- u.. 0 0 a. 0) c -c a) 11-2 CO 0. 0 0 2 8 a) 8' Z.00 Neighborhood Perimeter trail 2 -0 0 0 0) 42 10002.001\Table B LAND USE ELEMENTS ALAMEDA POINT RFBP RESPONSES APCP Catellus Harbor Bay /Lennar WIEESBEMEIIWACEIIISRREENEEPAIZEERZZCEBEIEIEMEEREEKSNCIVRIISWRWKRIZEZZEVRZSIIRIIEEIOIZPRSITRASNIEVTAPIIETEZZREEEEE Recruit and support eco- business Construct buildings that include energy efficient and sustainable construction Construct green buildings, including energy efficiency and sustainable materials. construction materials Reuse on -site materials Explore offering non - conventional energy sources and /or other innovative Sustainable transportation options programs run by AP &T Incorporate new technology, including solar power and energy- management Recruit and support eco- business Jobs housing balance systems Reuse on -site materials Recruit and support eco- business Incorporate new technology, including solar power and energy- management Reuse on -site materials systems Encourage Alameda business to expand to Alameda Point Encourage Alameda business to expand to Alameda Point Encourage prime contractors to hire Alameda -based subcontractors Provide preferential opportunities for Alameda businesses through extremely Hire local firms for both asset management and new development Economic Renaissance Center competitive lease rates Provide tenant services, including shared conference facilities, day care Continue actively participating in and supporting the Chamber of Commerce, Commitment to support opportunities for local professionals WABA, GABA and other organizations that support local businesses Publicize Alameda Point events and new business opportunities in Chamber, Utilize local businesses for materials, supplies and support services WABA, PSBA, GABA newsletters APCP will work with AUSD in accommodating its agreement with the city of Catellus expects to provide AUSD with the required facilities at locations HB /L understands the commitments in the agreement between the City and Alameda to procure an appropriate site. agreeable to all parties. AUSD. HB /L's proposal provides for the 12 acres at the agreed location. Provide new site for AP &T generating facility Provide new site for AP &T power generating facility Work with AUSD to locate corp. yard, institutional kitchen Work with the City to meet its priorities and interests (i.e., help with City Discuss with AUSD funding contributions budget by changing site of initial land to be purchased) Work with AUSD to meet their needs for a new service facility, ensure that AUSD provides convenient school locations and create youth programs c o a) a) > E co a) > co o a a as c E•._ o ..g c`D 0 Z5 a) a -o co -a c c a co as a ti3 to co 8 0 8 c O. 0 0 ti i 0 >, 0 >, gi) U) 0) C2) C C a) a) c 'Es co as co a a) c a) o c .c a 4.-: "0 c a) co a > a -9 o ..... c eL o t 0 0 a) .<1.3 a < a co 4--, c c .5 C C O 0 0 2 43 0 2 Isc "cf)* 0 o .0. 2 :5 6- . co 0 _ o ro p- 8) 8 c o 173 a) 0 0 E w CI'. ct ct c a) E -c o 0 o .c c a) • 6 .— .c c E .2 o .c Ooo. 0 o o CL c 0. c F) 0. t t) U) C c 0 -0 co C RS .0 E . c (1) ca o _4 0 a) '5 c c s o a. 0- -10 as c -z-D as a) .> < E < 7.4 a) a) N c < • Ca o < Ct. .O. >. a) a) E E a) a) 2 o) .. as x 8 c a) E co as lc c 2 6' 2) co 0 := c (Q 73 0 to co -1:3 a. co c a co as c 8 -0 Iii 0 c if) 0 3 .0 o co 4- CI. < al 10 C CL iii o 0 8 c.) 0 - cu 0 .0 CL co c 1.1). a) as < al a .c '5 e). 0 c 0) 73 0 2 c .c .c co »-.1 •3 0 m a 5; a) a 1-3 a 8) c 't c 0 , -5 0. o . , 0 0 _a a .so o 0 to 0 0 a To La .2 Tzc a) a) a E co co c a) v 0 c 0 > a) 0 eil u, 0) -.- 0 a) a.) 0_c :0 0•D r, o 5 Q.• a) 0 co 2 c 2 c ei. w 0_ 8 a 10002.001 \Table B APPROACH TO DEVELOPMENT ALAMEDA POINT RFBP RESPONSES Harbor Bay /Lennar Mix of land development and final product. Developer intends to rehabilitate existing buildings, lease to full occupancy and then sell buildings. Intends to construct 50% of new buildings. Other 50% to be sold to builders. Build -out 2016, in five -year phases tied to infrastructure & cleanup schedules 150 du /yr 200,000 sf /yr Catellus Develop base -wide infrastructure, create a master plan, establish CC &Rs and product types. Sell improved pads to, or create joint ventures with, home builders to develop residential uses at Alameda Point. Catellus will also rehabilitate and construct non- residential uses, as well as be the long -term owner of these assets. estimated 2015 -2020 minimum of 200 du /yr minimum of 150,000 sf /yr APCP Complete all phases of development: adaptive reuse; infrastructure; new commercial and residential development. T". CD CV 275 du /yr in excess of 200,000 sf /yr Role of Master Developer Build -out schedule Absorption Schedule Residential Business Park e•;" 0 C..1 0 as 2 • a. c E a) as .00 0 6 O ra V) 0 < 2 C 2ii • o 2 g). • a) a)) -0 • "0 • (1) -0 -o hi 2E (0 0) a. c ED_ CD Q LL w a. 0 — 3 w w C1 U- 0 z 0 1-= u j Z c:t CO r4 i-0 ALAMEDA POINT RFBP RESPONSES Harbor Bay /Lennar LLC between: Harbor Bay; Lennar Partners; and Lennar Communities Kevin Hanson, Senior Vice President of Lennar Partners, and Timothy Hoppen, President of Harbor Bay Associates. Kevin and Tim can make decisions within the annual budget and agreed upon approach. They report to a local Executive Committee. Need Executive Committee approval on major issues arising outside of approved annual project work program or budget. Catellus cn = T) (a 0 Peter Lauener and Dan Marcus. Peter and Dan are Senior Vice Presidents of Catellus. IPeter and Dan report to Nelson Rising, the Chairman of the Board and CEO of Catellus. Nelson makes decisions within the annual budget. Nelson reports to the Board of Directors. APCP LLC between: Morgan Stanley; Shea Homes; Centex Homes; Shea Properties; Industrial Real Grou• Thom Gamble of Shea Homes. Thom is the President of APCP and an Executive Vice President of Shea Homes. Thom will be located on site with the appropriate support staff. Thom can make decisions within the budget as outlined in the original or amended business plan. Thom reports to the Partners on a bi- weekly basis, however, any additional authorization not contemplated in the business plan can be obtained from the Partners via a conference call. Development Entity Point of Contact Authority of Point of Contact Cu 0 0 esiC Cu N co 0) Cu WE CO• W Li • 0 7.3 o < 0 O • ti Cu 0. Cu -9- -cs CO >4 -0 COW •V) 5, .o -o CO E rt5 0. C COO) 9), M W _ su 0 > w w (D 0) co 0 ic 0. 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'----L, 0 ---.. •■:*' '.'; Name r-1 ss...."C City of Alameda Memorandum Date: July 19, 2001 To: Honorable Chairperson and Members of the Alameda Reuse and Redevelopment Authority From: Doug Yount, Development Services Director Debbie Potter, Base Reuse and Redevelopment Manager Subj: Revised Summary Materials — Alameda Point RFBP Responses Due to discrepancies in materials submitted by the development teams and further clarification from the teams, the attached summary tables have been revised as follows: Alameda Point Community Partners • Summary Comparison of Phasing Plans (Table A). The total acreage for recreation/open space has been modified from 54 acres to 113 acres. In addition, the total square feet of education/cultural /civic building area has been modified from 109,984 SF to 237,834 SF. • Land Use Elements (Table B). Under the affordable housing element, the proposed income level mix now reads: 1. Very Low Income: 9% 2. Low Income: 7% 3. Moderate Income: 9% Catellus • Land Use Elements (Table B). Under the affordable housing element, the proposed income level mix now reads: 1. Very Low Income: 6% 2. Low Income: 10% 3. Moderate Income: 9% Catellus' original submittal included Alameda Point Collaborative units in the affordable housing count. July 10, 2001 To: The Alameda Reuse and Redevelopment Authority From: Jim and Jean Sweeney 522 -1579 Re: Master Developer: We want to recommend APCP for the following reasons: L Clean up APCP is not planning to put housing on toxic sites. These sites may or may not be cleaned to housing standards but it is best not to plan housing for these areas. In fact, planning landscaped parking lots over the large benzine plume is smart because that plume will attenuate over time and the landscaping allows for dissapation of vapors. That big plume is under the oval at the West Gate and goes south to Pacific Avenue. Also, keeping Building 5 as an industrial use will assure that homes will not be built on this site. 2. Sustainability a. APCP is planning a duel water system to allow grey water for irrigation etc= b. APCP is planning a solar farm on the rooftops of building 5 and some of the other larger buildings. c. APCP has created a more walkable environment by eliminating some of the residential streets. 3. Traffic APCP has proposed a gondola which is a viable solution to our overburdened streets bridges and tubes. According to APCP traffic studies, a combination of busses, ferries and gondola is the equivalent of a new tube and could move 2475 per hour passengers in peak periods APCP has designed "shortcuts" to the marina area which bypass the residential housing. The projected traffic numbers in the Catellus plan do not appear to include the FISC. 4. Housing APCP has planned for Carriage Units (grannies over the garages), live work in the BEQ, Senior apartments in the BOQ, and more senior housing next to the 0 Club. They have respected the city's request to cap housing at 1500 units. APCP has planned for an upscale "Gold Coast" area near the marina. This is a much better use of the non toxic areas of the base. 5. Reuse APCP has found a use for more of the buildings than the others. They plan senior housing for the BOQ rather than tear it down. They plan to reuse building 5 to good use. They plan to keep and rehabilitate hangers 11. 12, 400 and 400A. 6. Inner Harbor APCP plans light industrial on either side of the linear park that roughly follows the north south orientation of Orion Street, and residential housing for the other parts on the inner harbor. We on the West end prefer housing and light industry to any other uses. Catellus on the other hand plans to locate the AP &T generators on land in the inner harbor. We are very much opposed to diesel operated generators and feel that the electrical generator near the East gate should be reactivated as it uses any of 3 different kinds of fuel. 7. Immediate implementation APCP was the first to say they could begin immediate with planting trees, shrubs and flower beds along the perimeter and major thoroughfares. They would start right by taking charge of everything. They could institute he CC &Rs, Covanents,Codes and Restrictions, which will insure upkeep of all of the properties. They will improve sinage and begin installing the infrastructure. They will take over watering and mowing of the Collaborative and keepthings looking nice. 8. Experience APCP has extensive experience in closing military bases successfully. They are used to dealing with public officials, entitlements and toxic cleanup. Shea Homes has built tunnels, bridges, and huge public works projects. They are the foremost homebuilder in the country and have the deep pocket and experience to make a gondola and this project work. July 18, 2001 Community of Harbor Bay Isle Owners' Association, Inc. 3195 Mecartney Road Alameda, California 94502 -6912 (510) 865 -3363 Alameda Reuse and Redevelopment Authority 950 West Mall, Bldg 1, Room 1 Alameda, CA 94502 Ladies & Gentlemen, Re: Endorsement for Harbor Bay Associates The Community of Harbor Bay Isle is pleased to endorse Harbor Bay Associates as the master developer for Alameda Point. When one looks at Harbor Bay Isle today, it is self - evident that Harbor Bay Associates has the competence and experience to bring a second comparable planned development to Alameda. It is one thing to look back and acknowledge that the vision of the Harbor Bay Isle Master Developer truly has been fulfilled. It is another thing to look forward at the beginning of a master development and understand the developer's vision. The key members of Harbor Bay Associates stood fast to their vision of Harbor Bay Isle, often leading many other less visionary stakeholders through the development process. There are many positive aspects of Harbor Bay Isle initiated and carried through by the master developer. These start with the overall street alignment, which promotes vehicular movement through the community while at the same time creating neighborhood pockets that promote a sense of identity and belonging so crucial to sustaining vitality among neighbors. The community's two major design themes, a lagoon system and urban forest, create an ambience of tranquility that re- energizes both residents and visitors. Vistas throughout the public circulation system project the casual walker into another environment far removed from the traditional urban setting. Integration of neighborhood schools and parks are additional key elements that contribute to the rich quality of life enjoyed by Harbor Bay residents. A clear understanding of Alameda, Alameda residents and the city's opportunities and challenges is essential to the success of the development of Alameda Point. The Community of Harbor Bay Isle clearly believes that the depth and breadth of understanding that Harbor Bay Associates possesses in this area is unsurpassed by any of the other developers. In conclusion, the Community of Harbor Bay Isle is delighted that Harbor Bay Associates desires to be the master developer of Alameda Point. This company has the Community's unequivocal endorsement and is confident that their selection will create yet another jewel for Alameda. Sincerely, COMMUNITY OF HARBOR BAY ISLE Ron Lappa President PRESERVATION ARTS & REDEVELOPMENT COMPANY. LLC 1546 Wobcta Street Alsmexkl, LA .4101 (510) 523-7 /157 July 19, 2001 To: Mayor Appezzato et. Council Members From: Steve Casc„ Member f PARCO, LLC Neptune Pale Rotel Re: Alameda Point Master Developer On behalf of Preservation Arts & Redevelopment doinpany, LLC, and the Neptune Palace Hotel, I highly recommend Catellus Development to be the Mater Developer of Alaineda Point. Catellus lc actively involved with the West Alameda Busiiicss Association, Alameda Chamber of Commerce, Alameda Education Foundation, and the Home Project. It is clear that Catrilus Development has a sonse of the community's needs; Mote0Vet, who can onlieneethe economic state of the btAinoss district, as well as, implement elianges that will improve Alattleda'S future. I fed it is imperative that we consider not only the development at Alameda Point, but also the ultimatr, impact that the development will }lave on the surrounding community. Catcllus has established a high quality of standardS and hemmer:, of their broad experience I wholeheartedly endorse the Catellus project. Fully Accessible: Bikes And Whee• tl GONDOLA NEW TRAN -17 F71 it 'J. I AMOR P_t'li�1lrr� Vioyes 8000 People /Ho. =200 Buses /Hour out Bott• e Ilo Rull!liiicr1 l�rl�lrf� � I rF 1li ble 7 rJ,'l't� HIV i �rj J �rri:iri�l r rflrr1Lrift Ier , '1-'6 4 .1 :'!; rl t 1riiE ,' PrrDrri rya IVE REUSE AND NEW COMMERCIAL W Alameda Point Community Shea Homes 0 Shea Properties • -r1-- 1. D F.) 17-A'r1 J 1�1 GcridoIa r entex Ho organ, stanley3tt.1,: 1TIr ►_ VVic! \I_�ri f C. i-1 u ire �ri` -ir is er • • ALAMEDA POINT COMMUNITY PARTNERS, LLC Morgan Stanley Centrex Homes Shea Homes /Properties Industrial Realty Group The Team Morgan Stanley • One of the largest, most active buyers of real estate in the world • $20 billion invested in real estate acquisitions over last eight years • Fund already raised and available for Alameda Point • Funding not subject to stock market vagaries Centex Homes • Top five home builders in United States • Publicly traded company with $5 billion capitalization Shea Homes/Properties • 120 year old company • Built significant portions of Golden Gate Bridge, Bay Bridge, and BART • Largest private home builder in United States • Commercial portfolio in excess of 4,000,000 s.f. Industrial Realty Group • Among the largest private owners of industrial and commercial properties in United States • Recognized as most active adaptive reuse specialist in the United States Industrial Realty Group and Morgan Stanely are developing what has been identified as the most successful base reuse project in the country — McClellan AFB. In fifteen months of work, Industrial Realty Group and Morgan Stanley have completed the following: • Invested $1 million/month (total of $40 million by year's end) without owning the property. • Created over 6,000 jobs • Leased approximately 3 million square feet • Recruited TRW, NextLink, Raytheon, General Dynamics, Americorp (domestic Peace Corps), CalTrans, Win Communications, Boeing, and Technicon (a consortium of the major auto manufacturers). • Small business incubator on site. Alameda Point Community Partners, LLC • 2580 Shea Center Drive • Livermore, California 94550 • 925. 245. 3600 Development Program • No general fund money required or requested. Will not increase local tax rates. Totally self - funded. • Any one of the four companies involved has the financial capability of developing the property alone. This creates multiple, redundant financing. • Unlike our competitors, we will not bring in unspecified, unknown development companies to complete portions of the project (e.g. housing construction). We will be directly involved from start to finish. • Senior management will be located at Alameda Point with extensive decision making authority. • We will assume all environmental liabilities and clean -up responsibilities at Alameda Point • We will pursue and achieve an early transfer, as we and our environment team have done on other bases. • Unlike our competitors, we have no competing commercial developments in the Bay Area. Alameda Point is our first and only priority. • Immediate investment in landscaping, signage, lighting and adaptive reuse. Transportation Plan • Only plan to link ferry, bus, auto, bicycle, and high -speed gondola in a multi -modal public transit terminal located on -site. • 1,800 car parking garage at multi -modal teluiinal will ameliorate existing tunnel and road conditions on both sides of the estuary. • Enhanced, environmentally friendly bus and shuttle service. • State of the art, high speed, aerial gondola links on -site public transit terminal to West Oakland BART station. • Only transportation plan that requires no public financing. Totally self funded through pre programmed $45 million line item in existing budget. • Moves 8000 people per hour with no bottlenecks (= 200 fully loaded buses per hour) • Seven minute ride from start to finish • Fully accessible by bikes and wheelchairs • Energy efficient electric motor creates no pollution • Safe and reliable public transportation currently used around the world • Designed to grow with demand • Construction will not disrupt city streets or close local businesses • Landmark for the city Commitment to Alameda • 116 acres of linked open space • Dedicated pedestrian streets and walkways • Cultural and public art space dedicated at Sea Plane Lagoon • 900 slip marina at lagoon • Historic preservation and adaptive reuse of most historic buildings • Committed to keeping and expanding current tenants at Alameda Point • 25% affordable housing • Variety of housing price points and rental or purchase options, includes significant workforce housing component • Enhanced attractions at U.S.S. Hornet. Currently working with Hornet Foundation (ie IMAX movie, teleconferencing center, Huntsville -style "Space Camp "). • Committed to continued community involvement.