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THE AIA CENTER AIA TAMPA BAY1 Introduction and Welcome.

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Presentation on theme: "THE AIA CENTER AIA TAMPA BAY1 Introduction and Welcome."— Presentation transcript:

1 THE AIA CENTER AIA TAMPA BAY1 Introduction and Welcome

2 THE AIA CENTER AIA TAMPA BAY2 Concept of the New AIA CENTER  Headquarters for AIA Tampa Bay  Center for the Built Environment  Anchor to the “Boulevard of the Arts”  Community Education Center  Example of Latest Technologies  Example of Green Retrofit  Asset and Legacy for AIA Tampa Bay

3 THE AIA CENTER AIA TAMPA BAY3 Concept of the New AIA CENTER The restoration of this grand building provides a unique opportunity for the building’s first occupants to be associated with this beautiful landmark. It is also in an ideal location, in the urban core, opposite the new Tampa Museum of Art on The Avenue of the Arts, two blocks from the current Federal Courthouse. As a mixed-use building, with more than 60,000 sq ft of useable space, there are plenty of opportunities for all types of organizations to be a part of history.

4 THE AIA CENTER AIA TAMPA BAY4 Features of the New AIA CENTER  On the National Register of Historic Places  Parking and transportation nearby  Adjacent to Tampa Arts District  Cutting edge communications infrastructure  Professional Management and Maintenance  24-Hour electronic surveillance  Environment and Building Arts orientation

5 THE AIA CENTER AIA TAMPA BAY5 Concept of the New AIA CENTER The Center will offer occupants shared spaces, unique in today’s market. The main grand courtroom will be converted to a large gallery available for events and exhibitions and there will be space available for seminars and meetings. In addition, a second Grand Entrance will be added to the East side of the building, creating an exceptional experience for guests upon arrival. All of the defining features will be historically restored, including the marble wainscot present throughout the building, the brass elevator doors, light fixtures, skylights and marble and wood floors…not common features in modern buildings

6 THE AIA CENTER AIA TAMPA BAY6 Concept of the New AIA CENTER The restoration of the Historic Federal Courthouse into the AIA Center will not only revive a historic structure, it will create opportunities for sharing and collaboration amongst the building’s occupants. We foresee a great synergy between the arts, architecture and construction, commerce, law and international exchange opportunities.

7 THE AIA CENTER AIA TAMPA BAY7 History of the Project  Board Action to Begin Project  Letter of Agreement from the Mayor  AIA Due Diligence Activities (next slide)  Development of Tax Credit Structure  Historic Tax Credits  New Markets Tax Credits  Preparation of Pro Forma  First Submittal to the Mayor  Second Submittal to the Mayor

8 THE AIA CENTER AIA TAMPA BAY8 History of the Project Due Diligence Activities  Review of existing drawings  Review of existing environmental studies  Preparation of concept drawings  Preparation of renderings  Preparation of Narrative of Required Work  Preliminary cost estimates  Preparation of Promotional Materials  Letters of Interest from prospective tenants  Review of Parking

9 THE AIA CENTER AIA TAMPA BAY9 Parking and Transportation  1,000 parking spaces located within two blocks  Covered parking and surface lot parking  Affordable rates starting at $20 per month  Public transportation easily accessible  Serving over 1,000 professional and public jobs

10 THE AIA CENTER AIA TAMPA BAY10 Building Committee Participants  Pete Karamatsanis AIA, Chair  Gus Paras AIA  Harvey Goldstein AIA  Randy Stribling AIA  Dick Pritts AIA  Professional Advisors  Stephanie Ferrill FAIA - Historic Preservation Architect  Vivian Salaga AIA Atelier Architects - Executive Architect  Advisory Members  Hal Flowers Everest Realty Advisors LLC - Developer  Donald S. Holm III Farris Bobango Branan PLC, Historic Tax Credits Attorney  Philip T. Dinkins I CLW Real Estate Services Group - Leasing

11 THE AIA CENTER AIA TAMPA BAY11 History of the Courthouse  Construction  Style  Stages of Use Federal Building Post Office Courthouse Vacant AIA Center

12 THE AIA CENTER AIA TAMPA BAY12 History of the Courthouse

13 THE AIA CENTER AIA TAMPA BAY13 History of the Courthouse THE SYMBOL OF A NEW BEGINNING UNCOVERING THE SKYLIGHT

14 THE AIA CENTER AIA TAMPA BAY14 Members of the Development Team  Executive Architect - Vivian Salaga Atelier AIA  Historic Preservation Architect – Stephanie Ferrell FAIA  Engineering Consultant – TLC Engineering for Architecture  Historic Preservation Attorney – Don Holm, Esq.  Local Attorneys – Hill Ward and Henderson  Architect of Record for Building Shell – To Be Determined  Architects for Interior Tenant Completion Work – To Be Determined  Developer – Hal Flowers Everest Realty Advisors James Schroder  Leasing -Philip T. Dinkins I CLW Real Estate Services Group  Construction Manager – Beck Construction  Financing – Pilot Bank

15 THE AIA CENTER AIA TAMPA BAY15 Project Organization  Limited Liability Corporation Ownership  Professional Advisors who are experts Atelier Vivan Salaga AIA Executive Architect Stephanie Ferrell FAIA Historic Preservation Architect Don Holm, Esq. Historic Tax Credits  Construction Manager at Risk GMP Beck Construction  Professional Developer Hal Flowers Everest Realty Advisors Professional  Leasing Agent Phil Dinkins  Professional Management Organization TBD

16 THE AIA CENTER AIA TAMPA BAY16 Project Organization

17 THE AIA CENTER AIA TAMPA BAY17 Project Numbers  Gross Square Footage of the Building -96,000 SF  Useable Square Footage – 63,000 SF  Load Factor 1.18  Rentable Square Footage – 75,000 SF  Anticipated Rent per Square Foot – $21.00  Gross Rental Income – $1,575,000 Annually  Anticipated Income – varies – possible cash flow to AIA  Mortgage Amount - $10,000,000  Tax Credits - $4,000,000  Anticipated Renovation Cost - $10,000,000  Tenant Allowance ($30 PSF) $1,890,000 included above  Estimated Pre-Development Costs $100,000

18 THE AIA CENTER AIA TAMPA BAY18 Prospective Tenants  AIA Office and Bookstore, Gallery Seminar and Conference spaces 4,000 SF  Non- Profits 10,000 SF  Museum and Art Galleries 17,000 SF  Architects, Consultants, Interior Design 25,000 SF  Advertising Firms 12,000 SF  Technology Related Businesses 3,000 SF  Law Firms 10,000 SF  Restaurant or Coffee Shop  Service Firms, Printing Delivery and Mail 4,000 SF Tenants have expressed interest in approximately 85,000 SF

19 THE AIA CENTER AIA TAMPA BAY19 Prospective Tenants (Have expressed interest)  Non- Profits  Downtown Partnership  Arts Council  Museum and Art Galleries  Photography Museum  Flight 19 Gallery  Architects, Consultants, Interior Design  IBI Design Group  Atelier  Italiano Design

20 THE AIA CENTER AIA TAMPA BAY20 Prospective Tenants (Have expressed interest)  Advertising Firms  Roberts Communications  Law Firms  Locicerro Law Group  Restaurant or Coffee Shop  Olympia Catering  Service Firms, Printing Delivery and Mail  NGI

21 THE AIA CENTER AIA TAMPA BAY21 Future Activities Submit to the Mayor by July 30 th Finalize and sign lease documents with City Prepare legal documents Prepare Tax Credit documents Select Architect of Record Prepare contract documents Secure leases from tenants Secure Guaranteed Maximum Price Secure construction financing Secure Historic Tax Credits Begin construction!

22 THE AIA CENTER AIA TAMPA BAY22 Conceptual Design Florida Avenue Entrance The classical façade of the Florida Avenue entrance will serve as the ceremonial entrance to the AIA Center and the Gallery

23 THE AIA CENTER AIA TAMPA BAY23 Conceptual Design Marion Street Entrance The Marion Street entrance will serve as the entrance for tenant spaces and as a cover for valet parking and drop-off and pick-up of guests to the building.

24 THE AIA CENTER AIA TAMPA BAY24 Conceptual Design Gallery / Lobby

25 THE AIA CENTER AIA TAMPA BAY25 Conceptual Design Gallery / Lobby The Gallery will serve a public function to enhance the mission of AIA Tampa Bay

26 THE AIA CENTER AIA TAMPA BAY26 Conceptual Design Gallery / Lobby The Gallery will also serve as a dramatic Entry into the building. The skylight will serve as a reminder of the historic origins and the Green emphasis of the design.

27 THE AIA CENTER AIA TAMPA BAY27 Conceptual Design AIA Office The AIA Tampa Bay office will be located adjacent to the Gallery/Lobby. It will house the offices, bookstore, gift shop and spaces for meetings and seminars.

28 THE AIA CENTER AIA TAMPA BAY28 Conceptual Design – Site Plan Marion Street and Florida Avenue entrances to the building provide ease of access

29 THE AIA CENTER AIA TAMPA BAY29 Conceptual Design Ground Floor Covered Entry into Marion Street entrance and two story lobby.

30 THE AIA CENTER AIA TAMPA BAY30 Conceptual Design – First Floor Florida Avenue monumental entry leads to the Gallery and AIA office Lawn and Monumental stairs are retained.

31 THE AIA CENTER AIA TAMPA BAY31 Conceptual Design Second Floor Skylight is uncovered and repaired. Air Conditioning equipment is removed from light court.

32 THE AIA CENTER AIA TAMPA BAY32 Conceptual Design – Third Floor Light Court is retained and becomes a feature of the new design.

33 THE AIA CENTER AIA TAMPA BAY33 Conceptual Design – Fourth Floor

34 THE AIA CENTER AIA TAMPA BAY34 IMAGINE !  Design Awards held in our own building  Seminars and video conferencing for continuing education  AIA Gala in the Gallery  Outdoor events on the lawn inviting the public to share  Tours of historic areas and new buildings  Architecturally relevant books, high design gifts and art in the Book and Gift Store.  Tourist information about architecture of the region  Educational Programs for school children

35 THE AIA CENTER AIA TAMPA BAY35 Questions you might have  What is the next step?  When does construction start?  When will the building be occupied?  How many tenants have an interest currently?  What does AIA Tampa Bay get?  How large will the mortgage be?  Who guarantees the mortgage?  What do Historic Tax Credits provide?

36 THE AIA CENTER AIA TAMPA BAY36 Moving Forward !  What can I do to help? Spread the word Volunteer time and effort Seek contributions both cash and in-kind Become a guarantor of pre-development costs Seek prospective tenants Seek compatible organizations to join Consider joining the other forward thinking firms whose offices will be in the AIA Center.

37 THE AIA CENTER AIA TAMPA BAY37 Thank you for listening!


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