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23-094 Service Order #1 dated 9-12-23 Cumming_TCG RE Strategy - PO 2024-196Consultant: Contact: Name: Katie Bipes Email: Phone: 415.982.9130 Project: Scope of Work: City Project Management Fiscal/Budget Master Agreement Amount: 170,000.00 0.00 This Service Order: 76,000.00 0.00 94,000.00 Approvals Appropriation Certification: I hereby certify that an unexpended appropriation is available in the above fund for the above contract as estimated and that fund are available as of this date of signature. City Finance:Date: Management Analyst Department Head: Date: Total Liquidated Encumbrance: Master Agreement Unencumbered Amount: Consultant:Date: Total Previously Encumbered: Evaluation of the redevelopment opportunities initially for the City Hall, Civic Center, Sports Center, and subsequently other target sites (Golf Course, Service Center and City Hall Annex). •iden8fy the menu of residen8al product types (market-rate and BMR) compa8ble with civic uses that are marketable with accompanying top line product positioning and value estimates. •Iden8fy housing development op8ons based on market demand, rent levels (market and BMR), unit types and mix, and the City’s program and services required on each parcel. •Prepare preliminary financial analyses to determine revenues and value generated by private uses that can be used to offset development and operating costs associated with public uses. •Iden8fy a menu of public/private partnership and project delivery approaches (i.e., financial tools and structures) that can be used in the projects. •Deliverables: Briefing Book of key exhibits in a format suitable for inclusion in a Staff Report to Council. Account No.: 420-99-250 900-905 Project Number: CIV 001.01.01 (1787) Cumming Management Group, 475 Sansome St, Suite 700, SF, CA 94111 kbipes@cumming-group.com Managing Department: Public Works Project Manager: Susan Michael City Hall Improvements (420-99-250) - Strategic Advisory Services City of Cupertino MASTER AGREEMENT SERVICE ORDER NO. 1 Master Agreement # : 2023-031 Master Agreement Amount: $170,000.00 Effective Date: 8/29/2023 Agreement End Date: 12/31/2026 City of Cupertino - Cumming Group, Inc. Master Agreement Page 1 of 1 Service Order No. `1 John Olsson Sep 12, 2023 Sep 12, 2023 Sep 12, 2023 Project Understanding We understand that the City of Cupertino (“City”) is seeking a consultant to aid the City in their evaluation of the redevelopment opportunities initially for the City Hall, Civic Center, and subsequently other target sites, identified as: IMMEDIATE SITES A.City Hall and Future Annex •Address: 10300 / 10455 Torres Avenue •Flexible use as future City Hall, combined public/private use such as City Hall and housing, or all private use as housing or BMR housing. B.Sports Center •21111 Stevens Creek Boulevard •Flexible use with some public amenities retained. Potential redevelopment with residential and/or commercial with existing uses. OTHER SITES C.Senior Center •21251 Stevens Creek Boulevard •Potential for ground floor public facility with above being senior independent, assisted living, or residential. D.Golf Course •22100 Stevens Creek Boulevard •Continued open space or golf use. E. Service Center •10555 Mary Avenue •Redevelopment opportunity to consider. A key objective is to create an economically sustainable project that may incorporate revenue generating uses in addition to required City functions. The Concord Group, as a consultant to Cumming, can provide an array of services to facilitate optimization of the properties and the fulfillment of the projects economic and community service goals. The initial focus will be a “go\no-go” scope leading to preliminary recommendation for the City Hall and Sports Center sites. We will determine in the “go\no-go” phase of work if there are market and financially viable opportunities for public/private development. Subsequently, City Council may authorize more detailed programming and financing plans on these and the other sites identified above. Our proposed phases reflect our scope of work based on our understanding of the City’s prioritized needs: 1. Cost neutral solution 2. Renovated/replaced City Hall with incorporated public space 3. Renovate/replace aging public facilities 4. Public service elements on all properties currently providing public services 5. BMR housing Therefore, the proposed scope of work is anticipated to include the following phases and services that proceeds from analysis through implementation. Scope of Work GO/NO-GO ASSESSMENT FOR CITY HALL AND SPORTS CENTER SITES A.Initial Market Reconnaissance and Program Opportunities •identify the menu of residential product types (market-rate and BMR) compatible with civic uses that are marketable with accompanying top line product positioning and value estimates. •Identify housing development options based on market demand, rent levels (market and BMR), unit types and mix, and the City’s program and services required on each parcel. •Prepare preliminary financial analyses to determine revenues and value generated by private uses that can be used to offset development and operating costs associated with public uses. •Identify a menu of public/private partnership and project delivery approaches (i.e., financial tools and structures) that can be used in the projects. •Deliverables: •Briefing Book of key exhibits in a format suitable for inclusion in a Staff Report to Council. •Reimbursables – $3000 Total (Including all air fair, hotel expenses, gas, meals, etc., for one two-person site visit by The Concord Group.) ADDITIONAL WORK SCOPE B. Scenario Programming: City Hall Focus •Refine the programing menu to best fit the economic objectives for the site. •Prepare “analogue case studies” to define the master plan vision. •Perform built product values, net operating income and land value guidance for the various product types and densities considered, leading to alternative development scenarios. •Provide estimates of proposed alternatives •Work with City Officials and an architect/planning firm to create initial yield studies to determine “best fit” and three potential development site plan options for the Cupertino Civic Center Property, leading to a City Preferred option. Develop and/or confirm preliminary space needs for City Hall and other public/private uses desired and/or needed in the short term and long-term. This information will effectively serve as the new Master Plan for the City’s Civic Center. •Meet with stakeholders to discuss findings and build consensus •Work with City staff to coordinate efforts •Present findings to City Council •Deliverables: •Summary document of findings, conclusions, and recommended actions •City Council Presentation •Conceptual estimates for programming options •Reimbursables – $3000 Total (Including all air fair, hotel expenses, gas, meals, etc., for one in- person working session by The Concord Group.) C. Stakeholder Engagement (Optional) •Identify a stakeholder strategy to successfully bring about consensus to support the preferred alternative(s). •Meet with stakeholders to discuss findings and build consensus •Work with City staff to coordinate efforts and make presentations to the City Council. •Deliverables: •Focus Group and Public Open House meeting agendas •Reimbursables – TBD based on approved scope. Scope of Work D. Implementation Strategies & Development •Implementation strategies and their execution are the heart of successful redevelopments plans. We are specialists in designing implementation strategies that achieve results, guide the next era of investment, activate underutilized properties and public spaces, and provide the energy and soul to communities, creating value for property owners and merchants and sustainable revenues for the local governments and agencies. •We will provide specific actionable strategies based on the information and plans •completed as part of this proposal. We will seek out public-private partnerships and project delivery approaches to develop new public facilities at lower costs than otherwise achievable under traditional project delivery methods. We will use and access our extensive network of developers in Northern California for this project. •Deliverables: •Due Diligence Checklist •Development RFQ/RFP for the City Hall site •Draft Project Development Schedule •Draft Term Sheet E. Developer Negotiation/Transaction Closing •We will negotiate preliminary deal terms (Letter of Intent or Memorandum of Understanding) and final purchase and sale/lease/development agreement or other P3 agreement with the preferred developer/tenants. •Assist with any closing conditions leading to construction. •Continue to meet with the City staff and City Council. F. Architect Procurement and Management (Optional) •Prepare an RFP for Architectural services; receive proposals, level bids, and conduct interviews with Architect finalists; recommend award of contract and, in conjunction with City’s legal counsel, negotiate form of agreement. •Manage the Architectural team through completion of Phase 1 Master Plan for the Civic Center •Work with City staff and make presentations to the City Council •Provide Design Management and Estimating for budget development •Deliverables: •Architectural Services RFP G. Future Services •Provide GC and Consultant Procurement Management, Design Management, Construction Management & Closeout services for the properties listed, as required by the City of Cupertino. The phased work scope is outlined in greater detail on the following pages and will be conducted sequentially through the planning process. 1.Participate in a in-person kickoff-planning meeting with the City’s team to confirm objectives, the scope of the engagement and to debrief on the City’s required programming per each site, and to walk the sites in the field. 2.Analyze the properties with a specific focus on the market potential for creating private development opportunities that will assist in paying for a new City Hall, other facilities and other identified civic uses. 3.Define the Site's Primary Market Area (“PMA”), the area from which the majority of the demand will emanate for new development. a.Building on previous experience in the market area, gather selected socioeconomic trends for the above defined PMA, and analyze relative to demand for housing.. 4.Identify the Competitive Market Area (“CMA”), the area in which the proposed land uses will compete with other projects on a more or less equal basis. a.Survey selected competitive and comparable projects within the CMA and SMAs. 5.Analyze the findings of the research in Steps 1 through 4, above, and provide a preliminary menu of housing types (BMR, workforce, market rate) with supportable market scale/absorption and top-line price/rate/rent positioning, and estimated construction cost. a.Identify a menu of potential delivery methods that can be utilized for the project (including a range of Design- Build, and other available delivery approaches). b.Provide an initial “go/no-go” assessment for the utilization of a public-private partnership to finance new development on the sites, supported by high-level assessment of costs and revenues. 6.Conduct Working Session 1 (via web), supported by a Briefing Book of key exhibits to present our findings form this scope of work to the City’s team in format suitable for inclusion in a Staff Report to Council. Scope of Work Go/No-go Assessment For City Hall And Sports Center Sites A.Initial Market Reconnaissance and Program Opportunities Scope of Work 1.Supplement the reconnaissance from Section A above with additional information as required to enhance product specific conclusions. 2.Identify a panel of three (3) development "analogues" of Civic and private redevelopment concepts designed to achieve the City’s civic uses and vision for the site and analyze relative to their planning, development, and marketing, including: mix of land uses and densities, amenity profiles, price/rent positioning relative to the regional competitive market, marketing programs and user/tenant/resident profiles. a.Evaluate the critical success factors from the case studies and assess the lessons learned at these analogues for applicability to the property. b.Utilize the results of the analogues analysis to support the three proposed development site plan options for the Civic Center property. 3.Perform land residual analyses and provide guidance as to resulting finished pad and built- product values for each of the development alternatives considered for the Site, characterized by: a.Market-driven top-line revenue assumptions generated above; b.Vertical construction costs (from our knowledge base as well as the team’s local contacts); c.Projected operating cost metrics based on assessed local/regional conditions. 4.Prepare development programming options & preferred option for the Site, relative to: a.Supportable land uses, including mixed- use and product densities (FAR); b.Target user/tenant/resident profiles c.Associated price/rent/lease points and market positioning; d.Absorption projections; e.Potential phasing; f.Underlying land values (at “finished pad”) and built values per product type; g.Prepare three (3) development scenarios for the development program, leading to a preferred Site Plan Option of the property based on the City’s established objectives, buildout timing and intensity. 5.Select, contract, and coordinate with architectural/design firm to prepare test-fit yield studies for the development scenarios and site plan options prepared above. a.The yield studies will incorporate analysis of property opportunities and constraints, and how the market-driven land use program(s) can be accommodated and/or refined as needed. 6.Work with City officials to identify preliminary space needs for City Hall and other public/private uses desired and/or needed in the short term and long-term. Additional Work Scope B. Scenario Programming: City Hall Focus Scope of Work 7.Create preliminary City Hall Site Plan by evaluating potential parcels/lots identified on the site not needed to support civic uses that can be sold, offered for long-term lease for private revenue producing uses and placemaking opportunities that can: (i) create a source of funds to offset costs associated with new public facilities. further catalyze desired commercial or mixed-use development nearby; and (ii) further catalyze desired commercial or mixed-use development nearby; 8.In this Phase, we will participate in Working Session 2 to debrief on modifications to Phase 1 conclusions and present the analytical results from Phase 2. 9.Following the working session, and incorporating its discussions, we will present our findings, conclusions, and recommended actions in a summary document suitable for internal use, as well as for presentation to third parties, such as public stakeholders, potential investors, etc. B. Scenario Programming: City Hall Focus (Continued) We will work with City officials to develop a specific Stakeholder Strategy tailored to meet the project’s needs. For purposes of our scope, we have included three of the six potential activities to inform, engage, and gather input from the identified stakeholders throughout the development of redevelopment option: a.Stakeholder Interviews - We can conduct interviews with key stakeholders in the community to gather input on assets in the area and potential opportunities to create catalytic development opportunities that support needed civic uses. b.Focus Groups - We can lead focus group meetings to get targeted input on the development plan effort or as a way to collect feedback on the draft vision particularly with individuals that may not participate in the stakeholder interviews or other meetings along with the real estate development community. c.Public Open Houses - We can hold public meetings that allow the community to stop- by during a defined time period and ask questions about development options and the process. d.Charrette/Community Workshop - We could conduct a half to full day workshop focused on the development plan vision and establishment of values. This workshop could include: an evening event; small group workshop exercises; open studio hours for the consultant team to work and the public is invited to stop by and provide input; and a presentation by the consultant team on the outcomes of the workshop. e.Pop-Up Events - We could conduct pop-up events that bring activities and information to engage the community where they are. Such events would be staged in busy locations. Pop-up events could be conducted to gather input on the development vision. f.Web -based Outreach - We can develop a project-specific web page for use on the City website to project updates, meeting notifications, and collect any desired survey data to help guide the planning process. C. Stakeholder Engagement (Optional) Scope of Work 1.Evaluate various project delivery approaches to achieve schedule, quality of construction, and reduced costs for public facilities (City Hall, fire station), including Design-Bid-Build, Design-Build, Progressive Design-Build, GC/CM, 63-30 financing, and other available delivery approaches authorized by State law. 2.Identify potential philanthropic contributions toward civic facilities and for any below market housing that may be included on the site (e.g., Apple Affordable Housing Fund) 3.Recommend project delivery and funding strategy approach for new City Hall along with catalyst development projects. 4.Provide the following marketing, recruitment, and development agreement negotiation services: a.Due Diligence Check List. We will identify a list of due diligence that should be completed as part of the proposed public and private development. We can also contract directly and manage these services for an additional fee as needed or desired. The reports identified by the checklist would ideally be prepared prior to the issuance of a Development Offering or Developer RFQ/RFP for the City Hall site. I.This list may include survey, title report, environmental report (Phase 1 and/or 2), geotechnical studies, environmental checklist, appraisal, and traffic impact analysis. Often such documents are provided to developers who register as interested parties during the Development Offering, RFQ/RFP process. b.Draft Project Development Schedule. A dynamic document (excel, Microsoft Project, or other common file type) that shows the expected major phases extending from any City development plan for its Civic Center property to groundbreaking for multiple phases of development. I.This will be a conceptual schedule since the timing and duration of future events is by nature uncertain. While actual timing will almost certainly differ from forecast timing, this is a valuable tool that can help stakeholders understand a reasonable schedule of events. c.Draft Term Sheet. A draft term sheet will be prepared including the proposed/ recommended terms of the development transaction for the available public land proposed to be sold or leased, including transaction/purchase price, developer requirements (e.g., construction of public facilities, certain commercial or mix-use development, shared parking, etc.), and expected roles and responsibilities for all parties. I.The purpose of a draft term sheet is to support future discussions and negotiations with potential developers, and to ensure expectations are achieved. Some or many expected deal points may also be included in Development Offering or RFQ/RFP documents. D. Implementation Strategies & Development Recruitment Scope of Work d.Development Recruitment. All marketing and solicitation materials will be prepared to recruit the desired development. We will use either a Development Offering process or a two-step process of a Request for Qualifications (RFQ) and Request for Proposal (RFP) to recruit and create a highly competitive selection process. A scoring and evaluation system will also be created to assist in the selection of a preferred development and team. Below are some key Development Recruitment elements: I.Contact potential developers, brokers, and other and create buzz around the development opportunity; II.Manage review and developer submittal ranking process III.Manage stakeholder meetings to discuss and/or rank submittals IV.Manage interviews with short-list of developers V.Manage meeting(s) to discuss and select preferred development team D. Implementation Strategies & Development Recruitment (continued) 1.Negotiate preliminary deal terms (Letter of Intent or Memorandum of Understanding) with preferred developer/tenants(s) and negotiate and manage execution of purchase and sale/lease/development agreement or other P3 agreement with the preferred developer. Assist with any closing conditions leading to construction. a.Every purchase and sale or lease and development agreement of public property is an opportunity to develop a public-private partnership achieving far greater results than what can organically occur in the marketplace E. Developer Negotiation/Transaction Closing Scope of Work 1.Provide GC and Consultant Procurement Management, Design Management, Construction Management & Closeout services for the properties listed, as required by the City of Cupertino. G. Future Services 1.We will work with City officials to develop an RFP for Architectural Services that is tailored to meet the Phase 1 Architectural needs. For purposes of our scope, we have included potential activities: 1.Architect Procurement: 2.We will leverage our industry connections to engage potential Architectural firms with similar industry experience for City governments 3.Develop a Scope of Services for City review and confirmation 4.Develop Evaluation Criteria for City review and confirmation 5.Receive and level proposals 6.Facilitate interviews with Architect finalists 7.Recommend award of contract 8.Negotiate form of agreement with City and Architect’s legal counsel 2.Architect Management: 1.Oversee Architect during all Phases F. Architect Procurement and Management (Optional) Fee Proposal Time and Fee Schedule The following timing and professional fees are required to complete the work scope: Cumming’s standard billing practice is based on time and materials, in which invoices are submitted monthly for hours expended on work performed the month prior. Utilizing this philosophy, we have found that Cumming’s fee approach traditionally provides our clients with the most flexibility and cost effectiveness, as costs are only incurred based on the current needs of the owner. Phase Duration Proposed Fee A – Go/No-Go Market Opportunity Assessment Covering City Hall and Sports Center Sites 4 weeks $30,000 Phase A Reimbursables -$3,000 B - Scenario Programming •Covering City Hall/Civic Center •Other properties to be determined as needed 6 – 8 weeks $40,000* Phase B Reimbursable -$3,000 Sub-total (Excluding Optional Work)$76,000 Market Opportunity for Additional Sites 4-5 weeks $48,000 C – Stakeholder Engagement (optional)TBD TBD D – Implementation Strategies & Development Recruitment -$30,000 - $48,000** E – Developer Negotiation / Transaction TBD $40,000-$85,000* F – Architect Procurement (Optional)TBD TBD G – Future Services (Optional)TBD TBD Reimbursable expenses Any reimbursable expenses incurred during Cumming’s performance of services, including, without limitation, all costs for personnel, travel within twenty-five (25) miles of the City’s geographic limits, per diem expenses, printing and/or shipping of deliverables will be billed at actual costs with 0% mark-up. *Note: Fee in Phase 1 excludes Design Services subconsultant, typically $30,000-$40,000. **Note: Fees will be specified prior to initiating steps 2 and 3 Our proposed fees are valid for thirty (30) days from the date of this proposal. The rates are subject to change on a yearly basis starting on January 1, 2024. SO_01 Cumming_TCG RE Strategy Final Audit Report 2023-09-12 Created:2023-09-12 By:Julia Kinst (juliak@cupertino.org) Status:Signed Transaction ID:CBJCHBCAABAAbunOOKaHIVhQ0SnfUTrQauILYfkQMS1L "SO_01 Cumming_TCG RE Strategy" History Document created by Julia Kinst (juliak@cupertino.org) 2023-09-12 - 8:32:06 PM GMT- IP address: 216.198.111.214 Document emailed to John Olsson (jolsson@cumming-group.com) for signature 2023-09-12 - 8:33:41 PM GMT Email viewed by John Olsson (jolsson@cumming-group.com) 2023-09-12 - 9:04:50 PM GMT- IP address: 46.173.244.59 Document e-signed by John Olsson (jolsson@cumming-group.com) Signature Date: 2023-09-12 - 9:05:11 PM GMT - Time Source: server- IP address: 12.1.37.226 Document emailed to Chad Mosley (chadm@cupertino.org) for signature 2023-09-12 - 9:05:13 PM GMT Email viewed by Chad Mosley (chadm@cupertino.org) 2023-09-12 - 9:18:10 PM GMT- IP address: 104.47.74.126 Document e-signed by Chad Mosley (chadm@cupertino.org) Signature Date: 2023-09-12 - 9:19:17 PM GMT - Time Source: server- IP address: 64.165.34.3 Document emailed to Julia Kinst (juliak@cupertino.org) for signature 2023-09-12 - 9:19:18 PM GMT Document e-signed by Julia Kinst (juliak@cupertino.org) Signature Date: 2023-09-12 - 10:13:53 PM GMT - Time Source: server- IP address: 216.198.111.214 Agreement completed. 2023-09-12 - 10:13:53 PM GMT