1. Downtown Las Olas Redevelopment December 6, 2016

2. Willis Holcombe Center
Downtown Center

3. Downtown Campus City of Fort Lauderdale Parking 481 spaces
Annual lease
FAU Parking
0.8 Acres
Building 33
0.4 Acres
147,000 SqFt
Building 31
0.9 Acres
78,100 SqFt
Building 32
0.5 Acres
104,900 SqFt

4. Purpose of ITN 2016-111-ZR Dwight D. Eisenhower was president
Chubby Chequer and The twist start a new dance craze,
The first aluminum cans were introduced
Xerox introduces the first photocopier,
Fidel Castro nationalizes American Oil, sugar and other US interests in Cuba,

5. Purpose of ITN ZR
Cost to Maintain
PECO

6. Purpose of ITN ZR

7. Purpose of ITN ZR

8. Buildings Land Innovation Intellectual Property
Purpose of ITN ZR
Buildings
Land
Innovation
Intellectual
Property

9. Technical Proposal Summary Overview
Three Qualified Proposers
13th Floor Investments
Lincoln Property Company, and
The Stiles Corporation

10. Technical Proposal Summary Overview
43 level tower
Residential: 42 Floors at 470 ft tall,
367 residential units
Parking: 589 spaces
36 level tower
Residential: 287,301 GSF, 286 units, amenity deck with pool, fitness center, and club house
Parking: spaces
14 level tower
Office: 401,357 GSF, 14 levels
Retail: A covered plaza with restaurants and public space
Parking: 811 spaces
Amenities Deck: 25,000 GSF
Retail: 15,000 GSF, destination retail on the ground floor, 15,000 GSF lifestyle and convenience retain on the second level, 8,000 GSF of elevated public pedestrian plaza
Hotel: 98,280 GSF, 150 hotel rooms
Retail: 17,617 GSF, Two-floor retail approach lends to either an innovative retail or restaurant space
Office: 35,481 GSF, Four-level office space with varying levels of floor plan and layout openness
Includes a “Broward College Plaza Area”, an open air outdoor multipurpose urban room approximately 5,400 GSF

11. Executive Summary Process Overview
Draft Schedule
Milestone
Tentative Dates
Notes
Negotiation meeting #1
September 23
Negotiation meeting #2
October 11
IRP review summary presentation delivered to Negotiation Committee
November 9
Staff/Consultant team to provide draft for review in advance of Nov 10 briefing call
Negotiation Committee IRP Briefing from Staff/Consultant Team
November 10
Negotiation Committee Briefing
Proposer ITN Interview Presentations
Nov 14-15
Two-hour presentation given by Proposers
Negotiation Committee Meetings
Nov 16-18
Negotiation Committee and Staff/Consultant Team finalize rankings and board member briefing materials
Individual Board Member Briefing Meetings
Nov 28-Dec 2
Brief board members for Dec 6 Board Meeting
Submission of Board Meeting Material
Nov 29
Submission deadline for Dec 6 Board Meeting
Board Meeting
Dec 6

12. Likelihood of Successful Completion Experience
Criteria
Revenue to the College
Risk of Revenue
Design Criteria
Market Demand
Likelihood of Successful Completion
Experience

14. Continue negotiations with the Stiles Corporation.
Process Going Forward
Continue negotiations with the Stiles Corporation.
If the talks between the negotiation team and the Stiles Corporation do not lead to a mutually agreeable commitment, the negotiation team will notify the board and seek to begin negotiations with another proposer.