FINALIST DEVELOPMENT TEAMS IDENTIFIED FOR
CIVIC CENTER COMPLEX REDEVELOPMENT
SAN DIEGO, CA — The list of development teams competing for the opportunity to partner with the City of San Diego for the potential redevelopment of the Civic Center Complex has been narrowed to two finalists. The finalist teams selected to advance to the next phase of the process, include:
· Gerding Edlen (Portland, OR)
· Hines (San Diego, CA)
The selection committee made its decision today, following a presentation and interview process that focused on the teams’ capabilities and strengths in design, financial capacity and experience in developing complex, high-density, sustainable, urban mixed-use projects.
The two finalists will now participate in a series of public meetings to be held throughout the city to share their prior development experiences and listen to public feedback, questions and ideas. Final proposals are scheduled to be due in September 2008. Each finalist is expected to incorporate ideas and suggestions gained from the public meetings into the submitted proposals. Finalists are also be expected to submit conceptual plans and financial projections as part of their final proposals. A public meetings schedule will be made available when dates and locations have been established.
Concurrent with the public outreach process, the City will be conducting a facility needs assessment beginning in January. The purpose of the study is to determine the City’s current and future space needs within a single complex, as it seeks to improve operational efficiency and operating costs.
Selection Committee members included:
Fred Maas, Chair, CCDC Board of Directors
Kent Trimble, Delegate, San Diego Regional Chamber of Commerce
William Sauls, esq., Centre City Advisory Committee member
Tom Sudberry, Sudberry Properties
David Malmuth, Robert Charles Lesser & Company
Kevin Tilden, San Diego Convention Center Board
Larry Hoeksema, AIA, Moser Drew Watson & Ferguson
Currently, San Diego’s City Administration Building accommodates only 600 employees, and the City has had to lease privately owned space for more than 15 years. City offices are now located in eight downtown buildings (four leased), comprising more than one half million square feet of leased space.
Collectively, more than 3,000 employees work in these locations, which entail annual leasing costs of $13.5 million. Deferred maintenance on the City Administration Building alone is estimated to exceed well above $10 million. Because most of the leases will come due in 2013 and 2014 and rates are projected to increase significantly, this process is seen as a proactive approach to evaluate possible costs savings through redeveloping the site.
The final determination process will include a thorough financial evaluationto ensure that a project would move forward only if its implementation could clearly demonstrate a significant reduction in operational and capital costs to the City. Similar public/private partnership projects include a new city hall in Austin, Texas, and state-of-the-art courthouse facilities in New York City.
Goals of the redevelopment of the Civic Center Complex include:
• Revitalizing the city’s civic core
• Catalyzing private sector development in the Civic Center area
• Providing more accessible public spaces
• Providing smart-growth, transit-oriented development
• Opening B Street, closed to pedestrian and vehicular traffic for 40 years
• Replacing aging infrastructure
• Constructing a more publicly accessible City Hall
• Increasing tax increment revenues generated to the City
• Using sustainable development techniques.
With questions or for further information please contact Jeff Graham at 619-533-7181 or jgraham@ccdc.com.
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