presented by the buccini/pollingroup...typical ura project targets 18% mbe / 7%wbe...

April 2020

LowerHillUpdate

PresentedbytheBuccini/Pollin Group

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LOWER HILL REDEVELOPMENT UPDATE APRIL 2020 PAGE 2

P RO J EC T UPDATE

PUB L I C IMPACT AND I N C LU S I V EP ROCUR EMENT UPDATE

COMMUN I T Y ENGAGEMENT ANDNEX T S T E P S

ProposedProject Timeline

DESIGN G CONSTRUCTION G OPERATIONS

2019

G

DESIGN E CONSTRUCTION E OPERATIONSE

Q2 Q3 Q4

2020 2021 2022 2023

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3

ONGOING CONTRACTOR IDENTIFICATION, M/WBE DATABASE DEVELOMENT AND PROCUREMENT


BlockG PartnersandConsultant Team


Lower HillNews & Updates

Spring 2020 | Bulletin 2

Greetings from the Lower Hill development team. We have been closely monitoring the COVID-19developments and the unprecedented public response. As recommended by the CDC and World HealthOrganization, in order to ensure the safety of all stakeholders, and do our part to help stop the spread ofthe COVID-19 virus, we have taken our development efforts virtual.

While our physical office may be temporarily closed, WE ARE STILL OPEN, the project is advancing, and we look forward to connecting with you.

Accordingly, our next community meeting has been prerecorded virtually and is posted online for you toreview when convenient. The prerecorded presentation—along with several profiles on the project inthis newsletter—combine to provide a summary of current development and inclusive procurementefforts.

Watch The Lower Hill Update and Submit Your Questions

Newsletterand Updates


• 3/31 Virtual CommunityMeeting• March 2020 Newsletter• Distribution to hundreds of emails and community stakeholders

• Sharing newsletter outside of direct email through socialmedia platforms of local organizations

• Purchased Facebook ads to expand reach

FirstPhaseofMixedUse Development


BLOCK E

ENTERTAINMENT, RETAIL,PARKING & PUBLIC OPENSPACE

BLOCK G

OFFICE, RETAIL, PARKING & PUBLIC OPEN SPACE

KeyTenantSecured:FirstNational Bank


Class: Scale: Zoning:

Tall Building and Plaza26-Stories, 400+ ft. tall 300ft - 700ft

Uses: 434,000sf Office 20,000sf Retail110 Parking Spaces2.5 Acres of Public Open Space

Construction: Core & Shell

ALLOWABLE HEIGHT 700’

FNB‐ AnchoredBlockG1andG4Project Overview


ViewfromWylie Avenue


G1

F1

G2

D2 B

A

C

D1

E

HI

G3G 4

F2

Kiosks

Higheractivity; fixed programming

Lower activity; flexibleprogramming

Focal Elements: Art, Seating Areas

Centre AveGateway

The Lawn: Primary Flexible Open Space

Crossroads/ Festival Street

Neighborhood Squares

Gateway Art/ Legacy Element

Activation Framework


G 2

G 1

G 3

G 4 F 1F 2


BlockG1‐ TypicalOffice Floorplan

OFFICE 20,440 GSF

FUTURE PARCEL

MW


BlockG1‐ Building Section

FUTURE PARCEL

17,534 GSF

17' -

0"14

3' -4

"

(10 L

EVEL

S @

14'-4

")

OFFICE

WASHINGTON PLACE (810'-0")

AVG. GRADE (822'-6")

ALLEY (831'-0")

LOGAN STREET (850'-0")

28' -

8"

PARKING

PARKING

LOADING & SERVICE

AMENITY (9,776 SF) MECH

OFFICE LOBBYPLAZA LEVEL (835'-0")21

' -0"

OFFICE LOBBY

25,093 GSF

OFFICE 14' -

4" 14

' -4"

14' -

4" 14

' -4"

14' -

4" 14

' -4"

14' -

4" 14

' -4"

14' -

4" 14

' -4"

15' -

4"17

' -0"

393'

-8"

21' -

0"14

' -4"

14' -

4" 14

' -4"

14' -

4" 14

' -4"

14' -

4" 14

' -4"

14' -

4" 14

' -4"

14' -

4" 14

' -4"

14' -

4"

OFFICE

OFFICE

OFFICE

OFFICE

OFFICE

OFFICE

OFFICE

OFFICE

OFFICE

24,091 GSF

20,440 GSF

CENTRAL PLANT

20' -

0"

CROW

N

25,093 GSF

OFFICE

OFFICE

OFFICE

OFFICE

OFFICE

OFFICE

OFFICE

OFFICE

OFFICE

OFFICE

143'

-4"

(10 L

EVEL

S @

14'-4

")15

' -4"


OFFICE

BUILDING SERVICE

20,440 GSF

20,440 GSF

20,440 GSF

20,440 GSF

20,440 GSF

20,440 GSF

20,440 GSF

20,440 GSF

20,440 GSF

20,440 GSF

20,440 GSF

20,440 GSF

20,440 GSF

20,440 GSF

20,440 GSF

20,440 GSF

20,440 GSF

20,440 GSF

20,440 GSF

20,440 GSF

20,440 GSF

RETAIL (13,433 GSF)

RETAIL (7,337 GSF)

MEZZ (3,771 GSF)

BlockEPublicAmenity Diagram

Rescue2

Public Parking/Bike StoragePotential for Club-Sized Live Music Venue

Catapult Incubator

Retail Storefronts


Action Item Responsible Status

BlockE

Ai Rescue 2 / EMS 14 Station BPG and City Parcel E design and construction; pre-

development

Aii Catapult Space BPG and URA Parcel E design and construction; pre-development

Aiii

Coordination with New Granada Theater

PAR and Hill CDC

Discussions pending with Hill CDC and LiveNation

Block

BB

HACP Financing Intergen Intergen filed application with HACP

AdditionalCom

mitm

ents

Ci

Monetize LERTA (50% offsite) for Greater Hill Reinvestment Fund

PAR and FNB See FNB Community Impact Plan

Cii

Cii Ammon Community Recreation Center (play spaces, Rec 2 Tech)

PAR and City See Ammon Recreation Center Project Plan

Coordination with Macedonia Church PAR and City Pending discussions through R. Taylor

Ciii

Ciii

Ciii

First Source Center (on or near option premises)

PAR and P4W See Partners 4 Work Project Plan

Intro to the Trades Construction Training (2 classes)


Building Service and Hospitality Post Construction Training (2 classes)


Ci

v

Curtain Call (funding gap, support for design and installation)

PAR and SEA Contract executed with Walter HoodAll

Di

Di

Di

LERTA Guidelines URA Pending URA approval

Engage with City, County, School Board on LERTA

All Pending County approval of 3TB letter

Coordinate efforts to secure funding for public infrastructure

All PAR is preparing master open space and infrastructure project funding plan

BlockE Dii

Parking Tax Diversion (75% over 19 years)

City and URA Approved by City in December 2019; FNBevaluating monetization of 25% to supportHill District Housing Opportunity Fund

Diii $3M for Parking Structure City and URA Pending

Block

BDiv

$1M Loan for Residential First Phase (contingent on HACP funding)

Intergen and URA Pending


LowerHill ‐TermSheetCompliance Chart

BlockG1andG4‐ Community Amenities

Energy District catalyst

Open SpaceAnchor Food Hall synergy

Block E Parking catalyst

EIC

Chathamenter

s


BlockG1andG4Public Impact

• Architect of Record, construction managers and tenants committed to inclusive procurementand workforce development.

• $6 Million in LERTA Funding for Greater Hill Reinvestment Fund.

• Construction will employ over 1,350people• Businesses located in tower are expected to employ

over 2,000 people.• Site will feature 2.5 acres of open public spacewith

retail kiosks and signature design elements• Sustainable design to include LEED-certifiedbuilding

in LEED-NDdistrict.• Anchor tenant committed to expanding

neighborhood impacts.


FNB Community Impact Plan

• Monetizing the off-site LERTA for the Greater Hill Reinvestment Fund

• Expanding FNB's existing relationship with Greater Hill Federal Credit Union

• Monetizing public portion (25%) of the approved Parking Tax Diversion for the URA’s Hill District Housing Opportunity Fund

• Partnership with URA to serve as Small Business Administration (SBA) LoanPartner

• Strengthening Community Partnerships through Neighborhood Partnership Program (NPP)

• Community Wealth Building and Special Initiatives Programming

TargetM/WBE Participation

M/WBE PARTICIPATION (TARGET)

OF TOTAL DESIGN FEE 30% MBE

15%WBE

Typical URA project targets 18% MBE / 7% WBE


M/WBE Participation

LOCAL NATIONAL

GREATERHILL PIT TSBURGH

PENNSLYVANIA CERTIFIED

NATIONAL MWBEFIRMS


M/WBE Participation

GENSLERPIT TSBURGH

TEAM

PREVIOUS GENSLER PROJECTS

REFERENCE RESEARCH

PHONE CALLS PERSONAL CONTACTS

INTERVIEW FACE TO FACE

MEETINGS

NETWORKINGBUCCINIPOLL IN

UPDATED DBEDATABASE


CurrentM/WBE Participation

M/WBE PARTICIPATION (CURRENT)

OF TOTAL DESIGN FEE26.75%MBE

($1.44 MILLION)

8.37%WBE($430,000)


Thank You

APRIL 2020 PAGE 35LOWER HILL REDEVELOPMENT UPDATE

presented by the buccini/pollingroup...typical ura project targets 18% mbe / 7%wbe...

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