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AMENDED Agenda Packet 4-24-19 Work Session
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AMENDED Agenda Packet 4-24-19 Work Session
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4/23/2019 5:07:12 PM
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Agenda
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Work Session
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4/24/2019
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4/24/2019
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deChase Miksis is providing complete development <br />oversight for this project from the initial feasibility <br />study to lease up and asset management. <br />Construction is scheduled to commence this <br />summer. <br />TOTAL DEVELOPMENT COST <br />$50,000,000 <br />TOTAL BUILDING AREA BY USE <br />208,000 SF <br />(203 apartments <br />188,000 SF Apartments <br />20,000 SF of retail) <br />DEVELOPMENT TEAM’S ROLE IN PROJECT, OR TEAM MEM- <br />BER’S ROLE IN PROJECT <br />Mark Miksis, Dean Pape: Development Manager <br />• Project Feasibility Analysis <br />• Proforma and Financial Analysis <br />• Real Estate Structure <br />• Financing <br />• Community Outreach <br />• Contractor Selection and Contract Negotiation <br />• Design and Construction Management <br />• Scheduling <br />• Budget and Cost Control <br />• Marketing and Lease-Up <br />• Asset Management <br />• Property Management <br />• Entitlements <br />• Construction Oversight <br />• Financing Support <br />FINANCING STRUCTURE <br />Private equity and conventional construction loan <br />DEVELOPMENT PARTNERS <br />G Group <br />deChase Miksis Development <br />CS Construction/Essex Construction <br />BLRB architects/GGLO architects <br />USE OF LOCAL CONTRACTORS AND/OR MINORITY AND <br />WOMEN-OWNED BUSINESS ENTERPRISES <br />Yes; see narrative <br />PROJECT TIMELINE FROM SITE CONTROL TO OCCUPANCY <br />OF THE INITIAL BUILDING AND THE FINAL BUILDING, IN- <br />CLUDING TIMING OF ANY PHASING <br />Construction start schedule for July of 2018 and <br />completion in spring of 2020. <br />210 CENTURY DRIVE <br />BEND, OREGON <br />PROJECT SUMMARY <br />9 APRIL 2019 | PAGE 30 <br />CITY OF EUGENE | STEAM PLANT REDEVELOPMENT DESIGN PROPOSAL <br />EXHIBITS <br />Ap <br />r <br />i <br />l <br /> <br />24 <br />, <br /> <br />20 <br />1 <br />9 <br />, <br /> <br />Wo <br />r <br />k <br /> <br />Se <br />s <br />s <br />i <br />o <br />n <br /> <br />- <br />It <br />e <br />m <br /> <br />1
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