Housing Department CITY COUNCIL ENA w/ BRIDGE Housing Corp. for Heritage Square Senior Housing Project William Huang, Housing Director September 12, 2011

Housing Department 2 Heritage Square ENA-BRIDGE Housing Staff Recommendation (w/ unanimous agreement from CDC and EDTech): Recommend that City Council: 1) find that the proposed action is exempt from CEQA; and 2) approve key terms and conditions of Exclusive Negotiation Agreement w/ BRIDGE Housing for development of Heritage Square senior affordable housing project at N. Fair Oaks

Housing Department 3 Heritage Square ENA-BRIDGE Housing Outcome is result of a two-year process involving Community Input Heritage Square RFP Working Group (included reps from NWC and FOPAC) Independent Review Panel (NWC & FOPAC reps & housing experts - Pasadena residents) 4 community meetings from July 2009 to October public meetings (EDTech and City Council) from Oct to Dec. 2010

Housing Department 4 Heritage Square ENA-BRIDGE Housing Chronology of RFP Process May 2009: Heritage Square RFP Working Group established July 2009: First of four community meetings Oct. 2010: Joint mtg of CDC, NWC & FOPAC Dec. 2010: RFP presented to City Council Feb. 2011: RFP issued, pre-bid meeting held April 2011: Bridge Hsg, Mercy Hsg and National CORE submit proposals

Housing Department 5 Heritage Square ENA-BRIDGE Housing Chronology of RFP Process May 2011: Consultants commence RFP threshold requirements reviews July 2011: Consultants perform technical review and scoring July 2011: Developers notified of scores and appeal opportunity Aug 2011: IRP hears developer appeals and makes developer recommendation

Housing Department 6 Heritage Square ENA-BRIDGE Housing Technical Scoring of Proposals Consultants: Ken Kurose (design) and LeSar Development (development & financing) Scoring categories financing leveraging experience financial feasibility and City subsidy request project design development team experience supportive services plan local benefit

Housing Department 7 Heritage Square ENA-BRIDGE Housing Technical Scoring of Proposals Bridge HsgNat’l COREMercy Hsg Tech Review Score Did not pass threshold Appeal Adjustment +50 (did not appeal) N/A Final Score974815N/A

Housing Department 8 Heritage Square ENA-BRIDGE Housing BRIDGE Housing – Development Team BRIDGE is a nonprofit affordable housing developer formed in 1982 in San Francisco Long, successful track record developing 13,000+ housing units in 80 California communities, serving low-moderate income families and seniors BRIDGE staff have deep capacity and decades of affordable housing experience

Housing Department Heritage Square ENA-BRIDGE Housing Armstrong Senior Apartments – San Francisco 9

Housing Department Heritage Square ENA-BRIDGE Housing Armstrong Senior Apartments – San Francisco 10

Housing Department Heritage Square ENA-BRIDGE Housing Armstrong Senior Apartments & Townhomes 11

Housing Department Heritage Square ENA-BRIDGE Housing Armstrong Senior Apartments - Solar Panels 12

Housing Department Heritage Square ENA-BRIDGE Housing Armstrong Senior Apartments – Main Courtyard 13

Housing Department Heritage Square ENA-BRIDGE Housing Armstrong Senior Apartments – Entry Lobby 14

Housing Department 15 Heritage Square ENA-BRIDGE Housing BRIDGE Housing – Development Team Project Architect: Steinberg Architects – designed 3,642 housing units General Contractor: Morley Builders – constructed 3,882 multifamily units John Stewart Co. (Property Mgmt)

Housing Department 16 Heritage Square ENA-BRIDGE Housing Local Pasadena Team Members Saiful/Bouqet Structural Engineering TMAD Engineers (Elec. & Mech. Engineers) Wheeler & Gray (Civil Engineers) EPT Design (Landscape Arch) Huntington Hospital Senior Care Network (Service Coordination) Masbuild (Const. Mgr)

Housing Department 17 Heritage Square ENA-BRIDGE Housing BRIDGE Housing – Project Concept 70-unit senior rental housing complex with community space and supportive services $21.28 million total development cost City subsidy requested: no payment on ground lease Exceeds City “green” bldg standards by 36% Community Benefit: Committed to 20% local hiring, subcontracting and purchasing

Housing Department Heritage Square ENA-BRIDGE Housing 18 Future Commercial Development

Housing Department Heritage Square ENA-BRIDGE Housing 19

Housing Department Heritage Square ENA-BRIDGE Housing 20

Housing Department 21 Heritage Square ENA-BRIDGE Housing ENA – Key Terms and Conditions ENA would provide a 90-day period to negotiate business points of a development agreement: Site disposition (including ground lease terms) Project concept and design Scope of development Financing plan Payment In-Lieu Of Taxes (PILOT)

Housing Department 22 Heritage Square ENA-BRIDGE Housing ENA – Key Terms and Conditions (cont’d) Development budget and operating pro forma Schedule of performance Financing plan Marketing & tenant selection plan (local preference) Property management plan Community Benefit Agreement (based on developer’s 20% Local Benefit Plan)