couva shopping centre. existing layout assumptions only existing land area available maximise rental...
TRANSCRIPT
COUVA SHOPPING CENTRE
EXISTING LAYOUT
ASSUMPTIONS
• ONLY EXISTING LAND AREA AVAILABLE• MAXIMISE RENTAL OF EXISTING SPACE• PROVIDE A FINANCIALLY AFFORDABLE EXPANSION AND
UPGRADE• MEET THE NEEDS OF EXISTING TENANTS• MAKE FIRST FLOOR AREAS MORE (LETTABLE) ACCESSIBLE• MINIMISE (OR ELIMINATE) LOSS OF INCOME DURING
CONSTRUCTION
EXISTING LAYOUT
• LETTABLE SPACE 75,400 SQ. FT.
• INCOME FROM LETTABLE SPACE $????? PER MNTH
• CAR PARKING AVAILABLE 175 UNITS
PROPOSED LAYOUT
• LETTABLE SPACE 140,800 SQ.FT. 87% INCREASE75,400 SQ. FT.
• PROJECTED INCOME FROM LETTABLE SPACE $1,126,000 PER MNTH
• CAR PARKING AVAILABLE 325 UNITS 86% INCREASE 175 UNITS
PROPOSED LAYOUT
PHASE 1A
PHASE 1A
PHASE 1A• STRUCTURAL – CLOSE UP FLOOR OPENING• UPGRADE BACK STAIR• REMOVE SOUTH WALL• OPEN UP EAST WALL• INTERIORS - RAIL ON SOUTH EDGE• TEMPORARY SHOP FRONT ON SOUTH• TENANT DIVISIONS, COUNTERS &
PUBLIC FURNITURE• FLOOR FINISHES• CEILING FINISHES• SERVICES - ELECTRICAL LIGHTING & POWER• FIRE ALARM, COMMUNICATIONS &
SECURITY• AIR CONDITIONING & VENTILATION• PLUMBING & COOKING GAS• ESCALATOR & FREIGHT ELEVATOR
PHASE 1A FIGURES
• TOTAL AREA 13,500 SQ. FT.• BUDGET COST INCLUDING FEES $5,800,000• TIME FOR DESIGN 2 MONTHS• TIME OF CONSTRUCTION 3 MONTHS• ADDITIONAL INCOME $108,000• CONTRIBUTION TO MORTGAGE $ 56,000
• CONCERNS:• EFFECT ON TENANTS BELOW
PHASE 1B
PHASE 1B• STRUCTURAL – UPGRADE BACK STAIR• OPEN UP EAST WALL• INTERIORS - RAIL ON SOUTH EDGE• TEMPORARY SHOP FRONT ON SOUTH• PUBLIC TOILETS• TENANT DIVISIONS, COUNTERS &
PUBLIC FURNITURE• FLOOR FINISHES• CEILING FINISHES• SERVICES - ELECTRICAL LIGHTING & POWER• FIRE ALARM, COMMUNICATIONS &
SECURITY• AIR CONDITIONING & VENTILATION• PLUMBING & COOKING GAS• ESCALATOR
PHASE 1B FIGURES
• TOTAL AREA 13,500 SQ. FT.• BUDGET COST INCLUDING FEES $5,000,000• TIME FOR DESIGN 1 MONTH• TIME OF CONSTRUCTION 3 MONTHS• ADDITIONAL INCOME $54,000• CONTRIBUTION TO MORTGAGE $48,000
• CONCERNS:• EXISTING TENANTS WITHIN SPACE• EFFECT ON SUPERMARKET BELOW
PHASE 1C
PHASE 1C• STRUCTURAL – OPEN UP (EXISTING) EAST WALL• INTERIORS - SUPERMARKET UPGRADE• TENANT DIVISIONS• FLOOR FINISHES• CEILING FINISHES• SERVICES - ELECTRICAL LIGHTING & POWER• FIRE ALARM, COMMUNICATIONS &
SECURITY• AIR CONDITIONING & VENTILATION• PLUMBING
PHASE 1C FIGURES
• BUDGET COST INCLUDING FEES $3,000,000• TIME FOR DESIGN 1 MONTH• TIME OF CONSTRUCTION 3 MONTHS• ADDITIONAL INCOME $ 0.00• CONTRIBUTION TO MORTGAGE $29,000
• CONCERNS:• SUPERMARKET REQUIREMENTS• EXISTING TENANTS WITHIN SPACE
PHASE 2
PHASE 2• STRUCTURAL – DEMOLISH EXISTING BUILDING• CONSTRUCT CAR PARK I• INTERIORS - TENANT DIVISIONS• FLOOR FINISHES• CEILING FINISHES• SERVICES - ELECTRICAL LIGHTING & POWER• FIRE ALARM, COMMUNICATIONS &
SECURITY• AIR CONDITIONING & VENTILATION• PLUMBING• ELEVATOR
PHASE 2 FIGURES
• TOTAL AREA 50,000SQ. FT.• TENANTED AREA 17,000SQ. FT.• TOTAL CAR PARK AREA 33,000SQ. FT.• NUMBER OF PARKING SPACES 130• BUDGET COST INCLUDING FEES $15,000,000• TIME FOR DESIGN 3 MONTHS• TIME OF CONSTRUCTION 7 MONTHS• ADDITIONAL INCOME $153,000• CONTRIBUTION TO MORTGAGE $143,000
• CONCERNS:• EXISTING TENANTS (KFC) TO BE RELOCATED
PHASE 3a
PHASE 3A• STRUCTURAL – CONSTRUCT NEW CAR PARK • BUILDING INCLUDING BRIDGE TO• EXISTING BUILDING• INTERIORS - NIL OR MINOR• SERVICES - ELECTRICAL LIGHTING & POWER• FIRE ALARM, COMMUNICATIONS &
SECURITY• ELEVATOR
PHASE 3B
PHASE 3B• STRUCTURAL – DEMOLITION OF EXISTING BUILDING• CONSTRUCT NEW BUILDING
INCLUDING BRIDGE TO EXISTING BUILDING
• INTERIORS - MALL SHOP FRONTS• TENANT DIVISIONS• FLOOR FINISHES (Public Areas)• CEILING FINISHES (Public Areas)• SERVICES - ELECTRICAL LIGHTING & POWER• FIRE ALARM, COMMUNICATIONS &
SECURITY• AIR CONDITIONING & VENTILATION• PLUMBING
PHASE 3C
PHASE 3C• STRUCTURAL – DEMOLITION OF EXISTING BUILDING• CONSTRUCT NEW BUILDING
INCLUDING BRIDGE TO EXISTING BUILDING
• ENCLOSE ATRIUM• INTERIORS - MALL SHOP FRONTS• TENANT DIVISIONS• FLOOR FINISHES• CEILING FINISHES• SERVICES - ELECTRICAL LIGHTING & POWER• FIRE ALARM, COMMUNICATIONS &
SECURITY• AIR CONDITIONING & VENTILATION• PLUMBING
PHASE 3 FIGURES
• TOTAL AREA 35,000 SQ. FT.• BUDGET COST INCLUDING FEES $55,000,000• TIME FOR DESIGN 3 MONTHS• TIME OF CONSTRUCTION 7 MONTHS• ADDITIONAL INCOME $280,000• CONTRIBUTION TO MORTGAGE $525,000
• CONCERNS:• EXISTING TENANTS TO BE RELOCATED• EXISTING TENANTS WITHIN DEMOLISHED SPACE
Services infrastructure
• CHILLED WATER PLANT AND PIPING DISTRIBUTION
• UPGRADE OF ELECTRICAL PLANT
• EMERGENCY GENERATOR INSTALLATION INCLUDING FUEL STORAGE
• UPGRADE OF SEWAGE TREATMENT PLANT
• FIRE ALARMS AND FIRE FIGHTING INSTALLATIONS
PROPOSED LAYOUT
summary
PHASE 1 PHASE 2 PHASE 3 TOTAL
1TOTAL AREA
(SQ.FT.) 54,000 17,000 54,000 125,000
2BUDGET COST
INCLUDING FEES $ 13,800,000 $ 15,000,000 $ 70,000,000 $ 98,800,000
3ADDITIONAL
RENTAL INCOME $ 162,000 $ 153,000 $ 540,000 $ 855,000
4 CONTRIBUTION TO MORTGAGE
$ 133,000 $ 143,000 $ 525,000 $ 801,000
NOTIONAL SCHEDULE
• WHERE
• DO
• WE
• GO
• FROM
• HERE• ???