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1 Temporary Construction Staging Area Licensing Agreement for Peabody Hotel April 1, 2008 Orange County Convention Center.

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Presentation on theme: "1 Temporary Construction Staging Area Licensing Agreement for Peabody Hotel April 1, 2008 Orange County Convention Center."— Presentation transcript:

1 1 Temporary Construction Staging Area Licensing Agreement for Peabody Hotel April 1, 2008 Orange County Convention Center

2 2 Peabody Hotel Expansion Rendering

3 3

4 4

5 5 Orange County Convention Center Land Swap Proposal March 2000

6 6 Purpose To conduct a series of land swaps that enable the existing and Phase V convention facilities to be located in close proximity

7 7 Benefits Contiguous exhibit space was an overriding desire of OCCC potential users who were surveyed

8 8 Benefits Creates a contiguous convention and tradeshow campus

9 9 Benefits Helps solve transportation issues by connecting existing and new building and parking facilities

10 10 Benefits Reduces pedestrian connector construction costs by $3 million, 270 feet

11 11 Benefits Provides for an additional ~300,000 SF of buildable area on the east end of Phase V

12 12 How do we accomplish this plan?

13 13 Current Phase V Site Phase V & VI Universal Information Center

14 14 No Swap Master Plan Peabody Expansion Area

15 15 Proposed Swap Master Plan

16 16 Proposed Swaps 1.Peabody Hotel 2.Universal Information Center 3.Loop Road Connector Right-of-Way and Temporary Easements

17 17 1. Peabody Swap A C B

18 18 1. Peabody Swap  0.489 Acres of Land “A” (Blue Triangle)  Pedestrian Connector Easement Through Peabody Site “B” of 0.829 acres  $40 per Space per Month Parking Rent (Indexed with Inflation) OCCC Receives

19 19  0.489 Acres of Air Right “C” (Red Square)  550 Unspecified Peabody Employee Parking Spaces (Surface or Structure)  Temporary Construction Staging Area OCCC Gives 1. Peabody Swap

20 20 No Swap Master Plan Peabody Expansion Area

21 21 Proposed Swap Master Plan

22 22

23 23

24 24 Action Requested Approval of License Agreement to the Peabody Hotel for a three-acre Staging Area

25 25 2. Universal Center Swap A B A = B 1.1 = 1.1 Acres Acres

26 26 2. Universal Information Center Swap  1.1 Acres of Land “A”  Ability to Add Intersection Turn Lanes OCCC Receives  1.1 Acres of Land “B” OCCC Gives

27 27 A B 3. Loop Road Connector Swap A=5.136 B=5.136 C=.415 Acres Acres

28 28 Temporary Easements B D

29 29 3. Loop Road Connector Swap  5.136 Acres of Land “B”  0.415 Acres of Land “C” .092 Acres of Temporary Easement “D” OCCC Receives  5.136 Acres of Land “A” OCCC Gives

30 30 Proposed Swap Master Plan

31 31 Requested Action: Approval of Contracts 1.Peabody Hotel Swap 2.Universal Information Center Swap 3.Loop Road Connector Right-of-Way Swap and Temporary Easements


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