Fraternity & Sorority Life Housing Project February 5, 2013 UNF Fraternity & Sorority Housing Committee

University of North Florida Greek Housing Feasibility Study & Financial Analysis JOB: teaching labs/classrooms; function/spaciousness; accelerated timeframe (36 months from contract to completion); high technology and educational excellence Greek Forum February 05, 2013 Treanor Architects MGT of America

Feasibility Study Process Visioning Investigation & Evaluation Conceptualization Iteration Success

Feasibility Study Process Visioning: ● ● ● ● ● Provide for Financial Stability & Viability Enhance Vibrancy of Campus Life Create a Positive, Healthy Community Design an Aesthetic that is Timeless & Engaging Create a Community – A Vibrant Village Develop a Sense of Pride of Ownership Have Respect for the Natural Environment ESTABLISH TRADITIONS DESIGN VILLAGE TO BE A VISIBLE PART OF CAMPUS PROVIDE A SENSE OF HOME VILLAGE SHOULD FEEL LIKE “THEIR HOME” DIFFERENTIATE IDENTITY DEVELOP STUDENTS HOLISTICALLY DESIGN THAT FITS & BELONGS AT UNF ● ● ● ● Establish Goals ● ● ● ● ● Prioritize the Goals ● Develop Mission Statement Create a Positive, Healthy Greek Community that Provides for a Vibrant Campus Life and is Financially Viable & Stable.

Feasibility Study Process Quality Cost Feasibility Schedule Scope Investigation & Evaluation: Market Analysis Architectural Program Site Analysis Sustainability Strategy Quality Statement, Cost Financial Feasibility

Architectural Program Each House Includes: Entry Foyer Living Room Residential Kitchen Chapter Room & Storage Study Room Bedrooms with Community Baths 2 Single Bedrooms, Remainder Double (16, 20 Bed) 4 Single Bedrooms, Remainder Double (36 Bed)

Architectural Program Common Spaces Are Sized for Chapter Membership: 16- & 20-Bed House Living Room for 15 Chapter Room for 50 Smaller Kitchen 32-Bed House Living Room for 20 Chapter Room for 160 Larger Kitchen

Feasibility Study Process Site: You Are Here: Conceptualization: Develop Site Master Plan Alumni Drive Assess Site Costs Refine Financial Feasibility Kernan Blvd 1st Coast Tech Pkwy

Concept PHASE 1: Mix of House Sizes: 16, 20, 36 Beds Parking: 240 Street 180 Parking Lot 420 Total Spaces Future Phases: Commons Building Additional Houses

Feasibility Project has proven to be feasible and prudent, given that the following parameters are met: Mix of House Sizes: Particular mix of sizes makes Pro Forma work 12-month housing agreements in lieu of 9-month – the only alternative is 33% increase in rates Lease Term: Housing Rates: Comparative rates to existing per-month rates in Fountains Rental charge for common spaces to the Organization Base Rent:

Dr. Lucy Croft, Assistant Vice President for Student Affairs Overall Timeline Dr. Lucy Croft, Assistant Vice President for Student Affairs

Overall Timeline February 5 Final presentation to organizations Feb. 5 – March 1 Orgs. provide feedback on documents March 15 UNF provides any changes/revisions Feb. 5 – April 1 Orgs complete items associated with Requirements and submits preferences Apr. 1 – Apr. 30 Organizations present to panel April 30 UNF makes decisions about which orgs qualify for housing. May 1 Orgs are notified as to UNF decision. June 1 Orgs agree to form of lease and submit $20,000 down payment

Housing Documents Shari Shuman, Vice President of Administration & Finance & Bob Boyle, Associate Director of University Housing Operations

Lease Highlights Premises: Portions of the house consisting of foyer, kitchen, chapter/multipurpose room, living room, guest bathrooms, hallways, storage areas, study rooms, laundry room, patios, and outdoor recreation areas immediately adjacent and connected to the building. Premises do not include residents’ bedrooms or baths. Residents enter into individual agreements for bed space with UNF’s Office of Housing for 12 months. Term: Initially 5 years, with 5-year term extensions thereafter on mutual agreement

Lease Highlights Cont… Security Deposit: $20,000, constant Use: Limited to active and alumni members; residence in house restricted to active members and live-in director. Live-in director required. Occupancy: House must not fall below 80% occupancy for more than two consecutive years. Maintenance: UNF maintains Premises and house, structure, roof, mechanical equipment, windows. Organization is responsible for regular custodial service in the Premises. Assignments/Subletting: Not permitted without UNF’s consent.

Lease Highlights Cont… Base Rent: Amount payable annually on August 1 of each lease year; Increase of 4% per year. 36 bed freestanding house = $61,500 36 bed townhouse = $43,050 16 or 20 freestanding house = $27,500 16 or 20 townhouse = $19,250 Additional Rent: UNF Housing’s comparable rate for any unoccupied bed space, billed by UNF

Residential Space Information Auxiliary driven Residential space v. common space Collection of residential rent Residential services Fraternity & Sorority Housing Handbook highlights

Housing Selection Criteria Shari Shuman, Vice President of Administration & Finance & Dr. Lucy Croft, Assistant Vice President of Student Affairs

Questions & Answers