1. 6/1/ :36 PM
Park Plaza
© 2007 Microsoft Corporation. All rights reserved. Microsoft, Windows, Windows Vista and other product names are or may be registered trademarks and/or trademarks in the U.S. and/or other countries.
The information herein is for informational purposes only and represents the current view of Microsoft Corporation as of the date of this presentation. Because Microsoft must respond to changing market conditions, it should not be interpreted to be a commitment on the part of Microsoft, and Microsoft cannot guarantee the accuracy of any information provided after the date of this presentation. MICROSOFT MAKES NO WARRANTIES, EXPRESS, IMPLIED OR STATUTORY, AS TO THE INFORMATION IN THIS PRESENTATION.

2. 6/1/ :36 PM
Review
“Our historic downtown is vital to the reputation and vibrancy of the entire city. It is more than the central hub of Valparaiso, it is a symbol of how serious we are about remaking our city to better adapt to changing needs and living patterns. A city that invests in its downtown is a city that preserves its history while embracing its future.
The city administration is determined to complete a Renaissance to historic downtown Valparaiso, with the goal of making it one of the premier destination spots in Northwest Indiana for food, entertainment and specialty shopping . We have invested over $4 million in streetscape and improvements markedly improving ambience and functionality. Our restaurants are flourishing and our generous façade grant program is helping downtown property owners to transform their building fronts into heightened specifications. With more events, shops, restaurants and commerce happening in the downtown, it is quickly becoming the place to be in the evenings. The new downtown park, planned for construction in 2009, will further beautify the area and provide a special place for events and gatherings, or just relaxing. No longer a step child to new commercial developments, the downtown in Valparaiso is attracting more patrons and investment everyday.”
2009 City Strategic Plan
© 2007 Microsoft Corporation. All rights reserved. Microsoft, Windows, Windows Vista and other product names are or may be registered trademarks and/or trademarks in the U.S. and/or other countries.
The information herein is for informational purposes only and represents the current view of Microsoft Corporation as of the date of this presentation. Because Microsoft must respond to changing market conditions, it should not be interpreted to be a commitment on the part of Microsoft, and Microsoft cannot guarantee the accuracy of any information provided after the date of this presentation. MICROSOFT MAKES NO WARRANTIES, EXPRESS, IMPLIED OR STATUTORY, AS TO THE INFORMATION IN THIS PRESENTATION.

3. 6/1/ :36 PM
Review
The Downtown Central Park plan was directed over the last year by a Committee of downtown stakeholders and City staff with specific public input sessions held on November 5, The resulting conceptual design includes landscaped open space, repurposing a segment of Lafayette Street as a brick paved, multi-purpose plaza street, an interactive water feature, exterior lighting, landscaping, public restrooms and a performance pavilion. The overall project development will incorporate storm water best management practices and to the extent possible sustainable site and building practices defined in the USGBC’s LEED NC2.2 program.
The park not only serves as an economic catalyst for downtown commerce and a green community gathering site, but is also a trailhead for one our priority loops of the City’s Master Plan and Greenway System. The park is also located on a main route of our V-Line public bus service and adjacent to the TOD district.
© 2007 Microsoft Corporation. All rights reserved. Microsoft, Windows, Windows Vista and other product names are or may be registered trademarks and/or trademarks in the U.S. and/or other countries.
The information herein is for informational purposes only and represents the current view of Microsoft Corporation as of the date of this presentation. Because Microsoft must respond to changing market conditions, it should not be interpreted to be a commitment on the part of Microsoft, and Microsoft cannot guarantee the accuracy of any information provided after the date of this presentation. MICROSOFT MAKES NO WARRANTIES, EXPRESS, IMPLIED OR STATUTORY, AS TO THE INFORMATION IN THIS PRESENTATION.

4. Concept Drawings Ground view

5. Concept Drawings Aerial View

6. Planning and Implementation Priorities
Flexibility to changing environments
2. Refining plans and costs
Identify priority implementation elements and phasing opportunities
4. Pursuing any relevant funding options – private, public, grants, foundations, in-kind
5. Balancing strategic priority of Downtown Park while maintaining high standards of all park and recreation services

7. Current Funding Potentials
6/1/ :36 PM
Current Funding Potentials
Stimulus Funding for Streetscape & Sidewalk Improvements
$300,000
Stimulus and/or 5307 Transit Funding for Bus stop and Comfort Station
$250,000
Environmental Grants
$100,000
Park Impact Fees
$50,000
Private Foundations
Private Sector
© 2007 Microsoft Corporation. All rights reserved. Microsoft, Windows, Windows Vista and other product names are or may be registered trademarks and/or trademarks in the U.S. and/or other countries.
The information herein is for informational purposes only and represents the current view of Microsoft Corporation as of the date of this presentation. Because Microsoft must respond to changing market conditions, it should not be interpreted to be a commitment on the part of Microsoft, and Microsoft cannot guarantee the accuracy of any information provided after the date of this presentation. MICROSOFT MAKES NO WARRANTIES, EXPRESS, IMPLIED OR STATUTORY, AS TO THE INFORMATION IN THIS PRESENTATION.

8. Current Phase Plan Acquisition of property Initial Preparation of site
6/1/ :36 PM
Current Phase Plan
Phase II
Final Design & Bid Documents prepared
Park Programming initiated with emphasis on special events
Streetscape construction begins
Additional prioritized construction identified & approved.
Acquisition of property
Initial Preparation of site
Conceptual Design & Preliminary Cost
Additional prioritized construction identified & approved
Park Programming increases and improves with more tools available
Phase I
Phase III
© 2007 Microsoft Corporation. All rights reserved. Microsoft, Windows, Windows Vista and other product names are or may be registered trademarks and/or trademarks in the U.S. and/or other countries.
The information herein is for informational purposes only and represents the current view of Microsoft Corporation as of the date of this presentation. Because Microsoft must respond to changing market conditions, it should not be interpreted to be a commitment on the part of Microsoft, and Microsoft cannot guarantee the accuracy of any information provided after the date of this presentation. MICROSOFT MAKES NO WARRANTIES, EXPRESS, IMPLIED OR STATUTORY, AS TO THE INFORMATION IN THIS PRESENTATION.

9. Budget Project Cost Estimates
6/1/ :36 PM
Budget Project Cost Estimates
Building Costs
Multipurpose Structure
Stage, Pavilion, Mechanical
$850,000
Bus Stop & Comfort Station/Storage
$250,000
TOTAL
$1,100,000
© 2007 Microsoft Corporation. All rights reserved. Microsoft, Windows, Windows Vista and other product names are or may be registered trademarks and/or trademarks in the U.S. and/or other countries.
The information herein is for informational purposes only and represents the current view of Microsoft Corporation as of the date of this presentation. Because Microsoft must respond to changing market conditions, it should not be interpreted to be a commitment on the part of Microsoft, and Microsoft cannot guarantee the accuracy of any information provided after the date of this presentation. MICROSOFT MAKES NO WARRANTIES, EXPRESS, IMPLIED OR STATUTORY, AS TO THE INFORMATION IN THIS PRESENTATION.

10. Budget Project Cost Estimates
6/1/ :36 PM
Site Development
Concrete
$72,250
Retaining Wall
$71,500
Brick Pavers
$104,500
Shade Structures
$80,000
Gateway Arches
$30,000
Fencing
$44,000
Splash Pad
$100,000
Light Posts
$45,000
Site Furniture
Benches, bike loops, receptacles, etc
$19,500
Site Amenities
Stairs, screen panels, etc
$30,250
Trees
$18,700
Landscape
Shrubs, lawn, flower beds, native plants
$43,155
Irrigation
$75,000
TOTAL
$733,855
© 2007 Microsoft Corporation. All rights reserved. Microsoft, Windows, Windows Vista and other product names are or may be registered trademarks and/or trademarks in the U.S. and/or other countries.
The information herein is for informational purposes only and represents the current view of Microsoft Corporation as of the date of this presentation. Because Microsoft must respond to changing market conditions, it should not be interpreted to be a commitment on the part of Microsoft, and Microsoft cannot guarantee the accuracy of any information provided after the date of this presentation. MICROSOFT MAKES NO WARRANTIES, EXPRESS, IMPLIED OR STATUTORY, AS TO THE INFORMATION IN THIS PRESENTATION.

11. Budget Project Cost Estimates
6/1/ :36 PM
Construction Costs
15% Contingency
$275,078
TOTAL CONSTRUCTION COSTS
$2,108,933
Professional Fees – Not to Exceed
Fee
$320,000
TOTAL
Total Budget $2,428,933
© 2007 Microsoft Corporation. All rights reserved. Microsoft, Windows, Windows Vista and other product names are or may be registered trademarks and/or trademarks in the U.S. and/or other countries.
The information herein is for informational purposes only and represents the current view of Microsoft Corporation as of the date of this presentation. Because Microsoft must respond to changing market conditions, it should not be interpreted to be a commitment on the part of Microsoft, and Microsoft cannot guarantee the accuracy of any information provided after the date of this presentation. MICROSOFT MAKES NO WARRANTIES, EXPRESS, IMPLIED OR STATUTORY, AS TO THE INFORMATION IN THIS PRESENTATION.

12. Any question or comments?
6/1/ :36 PM
Thank you
Any question or comments?
© 2007 Microsoft Corporation. All rights reserved. Microsoft, Windows, Windows Vista and other product names are or may be registered trademarks and/or trademarks in the U.S. and/or other countries.
The information herein is for informational purposes only and represents the current view of Microsoft Corporation as of the date of this presentation. Because Microsoft must respond to changing market conditions, it should not be interpreted to be a commitment on the part of Microsoft, and Microsoft cannot guarantee the accuracy of any information provided after the date of this presentation. MICROSOFT MAKES NO WARRANTIES, EXPRESS, IMPLIED OR STATUTORY, AS TO THE INFORMATION IN THIS PRESENTATION.