Convention Center District Property Owners’ Association Long-Range Strategic Plan May 20, 2008.

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Presentation transcript:

Convention Center District Property Owners’ Association Long-Range Strategic Plan May 20, 2008

Long-Range District Strategic Plan Discussion Topics Strategic Planning Process Update Client Input: Top 10 Strategic Initiatives Strategic Plan Activities Property Owner and Developer Update Land Planning Process Agent Authorization Summary of Activities Action Requested

Long-Range District Strategic Plan Discussion Topics Strategic Planning Process Update Client Input: Top 10 Strategic Initiatives Strategic Plan Activities Property Owner and Developer Update Land Planning Process Agent Authorization Summary of Activities Action Requested

Long-Range District Strategic Plan Strategic Planning Process Update July 2007County Mayor directed staff to update OCCC Strategic Plan Fall 2007 Property Owners’ Association (POA) agreed to fund and guide process Convention Center Client input creates framework Identified 10 Preliminary Strategic Initiatives

Long-Range District Strategic Plan Strategic Planning Process Update February 2008Orange County Board of County Commissioners: Endorsed the concept of the global vision Directed staff to continue involvement in the POA’s Strategic Planning Process Directed staff to work with property owners and developers

Long-Range District Strategic Plan Discussion Topics Strategic Planning Process Update Client Input: Top 10 Strategic Initiatives Strategic Plan Activities Property Owner and Developer Update Land Planning Process Agent Authorization Summary of Activities Action Requested

Long-Range District Strategic Plan Top 10 Strategic Initiatives Clients Want an URBANIZED District 1.Attached/Adjacent Hotels 2.Attached Ballroom/ Meeting Space 3.Attached Restaurants 4.Adjacent Entertainment Guest AmenitiesTransportation 5.Parking 6.Pedestrian 7.Intra-District Circulator 8.District To Airport 9.Ground Transportation 10.Way Finding

Long-Range District Strategic Plan Discussion Topics Strategic Planning Process Update Client Input: Top 10 Strategic Initiatives Strategic Plan Activities Property Owner and Developer Update Land Planning Process Agent Authorization Summary of Activities Action Requested

Long-Range District Strategic Plan Strategic Plan Activities The POA will continuously seek Stakeholder (clients and property owners) feedback Surveyed 1,000 clients - Approximately150 target clients responded to date - Preliminary assessment indicates strong support for conceptual plan Investigating how best to implement - Public Private Joint Ventures - Evaluating funding options

Long-Range District Strategic Plan Strategic Plan Activities Studying the potential impact - How will initiative change clients/events propensity to book? - How often might clients/events come? - How big are clients/events? Refining the plan Targeting July - September return to BCC

Long-Range District Strategic Plan Discussion Topics Strategic Planning Process Update Client Input: Top 10 Strategic Initiatives Strategic Plan Activities Property Owner and Developer Update Land Planning Process Agent Authorization Summary of Activities Action Requested

Long-Range District Strategic Plan Property Owner and Developer Update Adjacent property owners input –Peabody –Rosen –Universal City Property Management –Hilton/Rida –Hyatt –Pointe Orlando Strong willingness to partner to implement strategic initiatives

Long-Range District Strategic Plan OCCC-Peabody Opportunity 13 OCCC West Building Peabody Hotel Improve International Drive traffic flow and pedestrian safety by building elevated bridge between buildings

Long-Range District Strategic Plan OCCC-Rosen Hotels Opportunity 14 -“Laminate” Convention Center & hotels - Joint use parking - Segregate pedestrians from traffic

Long-Range District Strategic Plan OCCC-UCPM Opportunity Relocate Ponds 30± acres

Long-Range District Strategic Plan OCCC-UCPM Opportunity 16 North Hotel Site 14± acres Ponds 30± acres Restaurant/Entertainment 30± acres NW Hotel Site 4 + acres Convention Way Hotel Site 11 + acres Plus acres Already Owned By UCPM

Long-Range District Strategic Plan Discussion Topics Strategic Planning Process Update Client Input: Top 10 Strategic Initiatives Strategic Plan Activities Property Owner and Developer Update Land Planning Process Agent Authorization Summary of Activities Action Requested

Long-Range District Strategic Plan Land Planning Process Today- BCC input/comments - Authorize UCPM to act as the County’s Authorized Agent for Plan Development for the Phase V Site - Authorize staff to review UCPM Development Plans May-July- Refine site needs for all potential projects - Draft Development Plans - DRC review of Development Plans - Begin transaction negotiations

Long-Range District Strategic Plan Land Planning Process July - Sept- Return to Board of County Commissioners - Present final Strategic Plan - Request approval of Development Plans - Request approval of funding strategy Sept/Oct- BCC review/approve Final Plans - BCC approve Reverter Sale, any Land Swaps, or other purchase and sale agreements

Long-Range District Strategic Plan Discussion Topics Strategic Planning Process Update Client Input: Top 10 Strategic Initiatives Strategic Plan Activities Property Owner and Developer Update Land Planning Process Agent Authorization Summary of Activities Action Requested

Long-Range District Strategic Plan Agent Authorization Agent Authorization - UCPM becomes County’s Agent for development of plans for designated Phase V property Conditions and Limitations - Submittal of specified development plans - UCPM assumes risks and expense - No assurances or guarantees of approval - Assignment subject to approval - Agency is revocable

Long-Range District Strategic Plan OCCC-UCPM Opportunity Proposed Development Plan Property Outline

Long-Range District Strategic Plan Discussion Topics Strategic Planning Process Update Client Input: Top 10 Strategic Initiatives Strategic Plan Activities Property Owner and Developer Update Land Planning Process Agent Authorization Summary of Activities Action Requested

Long-Range District Strategic Plan Summary of Activities OCCC – Peabody Hotel Plans OCCC – Rosen Hotel Conceptual Plans OCCC – UCPM Conceptual Plans

Long-Range District Strategic Plan Discussion Topics Strategic Planning Process Update Client Input: Top 10 Strategic Initiatives Strategic Plan Activities Property Owner and Developer Update Land Planning Process Agent Authorization Summary of Activities Action Requested

Long-Range District Strategic Plan Requested Action Approval of Conditional and Limited Agent Authorization from Orange County to Universal City Property Management III LLC, and its Assigns, and Authorization to DRC and County Staff to review Development Plans submitted pursuant to Conditional and Limited Agent Authorization.