REQUEST FOR DEVELOPMENT PROPOSAL

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1 REQUEST FOR DEVELOPMENT PROPOSAL PROJECT SWC BASELINE AVE AND DAY CREEK AVE, RANCHO CUCAMONGA NICK WIRICK Senior Vice President BRE: CAROL PLOWMAN Senior Vice President BRE: JAY NICHOLS Vice President Day Creek Square BRE:

2 THE OPPORTUNITY Purchase an Approximate 3.5 acre Commercial Site Entitled for Hotel and Restaurant Pads DR Horton is developing the 28.4 acre site located at the southwest corner of Day Creek Boulevard and Base Line Road with a mixed use project consisting of single-family and townhome residential units, a higher end boutique hotel and two restaurant pads. The overall project area is made up of 1 parcel totaling 28.4 acres of land. Of the 28.4 acres, 24.9 will be allocated to the residential portion of the site, and 3.5 acres will be allocated to the two restaurant pads and hotel site. The two restaurant pads will be approximate 6,000 sf each, and a three-story, 71-room boutique hotel. Project Highlights: A public accessible plaza with a water feature and outdoor gathering areas. A three-story, 71-room boutique hotel along Day Creek Boulevard. 329 three-story, for sale condominiums. 51 two-story, for sale detached single-family condominiums. A public accessible park with exercise stations Day Creek Square 2

3 LOCATION AERIAL SITE VICTORIA GARDENS Day Creek Square 3

4 THE PROJECT SITE APPROXIMATELY 380 CONDOS SITE Site Plan - Day Creek Square Full birdseye overview of planned Day Creek Square Day Creek Square 4

5 THE PROJECT SITE Renderings - Hotel Artist rendition of the proposed hotel Day Creek Square 5

6 THE PROJECT SITE Renderings - Restaurant Artist rendition of the proposed restaurants Day Creek Square 6

7 THE PROJECT SITE SERVICE FREEZER KITCHEN OFFICE WOMEN'S MEN'S DRY STORAGE JAN HOST LOBBY BAR DINING AREA DINING AREA DINING AREA A - OUTDOOR DINING AREA AREA TAB B - Proposed Floor Plan - Day Creek Square An overview of restaurant 1 Day Creek Square 7

8 DEMOGRAPHICS DEMOGRAPHIC INFORMATION (SOURCE - REGIS ONLINE) Radius 3 Mile 5 Mile POPULATION 2022 Projected Population: 125, , Population: 120, , Median Age: HOUSING 2022 Projected Households: 39,199 85, Census Households: 34,199 75, Avg. Household Size: 38,473 84, Owner Occupied Units: 24,591 54, Renter Occupied Units: 13,293 27,790 INCOME 2017 Avg. Household Income: $109,834 $101, Med. Household Income: $96,193 $87,252 Day Creek Square 8

9 DELIVERY CONDITIONS Entitlements in place for site plan uses and elevations All off site infustructures complete including utilities sufficient for proposed uses stubbed to proposed building lines, all driveways, servicing the parcels installed PREFERRED USES Sit down restaurants Boutique hotel RESTAURANT 1 - REAR ELEVATION [EAST] Day Creek Square 9

10 PRICE & TERMS Best offer or price Terms should include an inspection period of no greater than 60 days A permitting period of no longer than 120 days A close period of no longer than 45 days RESTAURANT 2 - FRONT ELEVATION [SOUTH] 22 COMMERCIAL ELEVATION KEYNOTE 1 INTEGRAL COLOR 'S' TILE CONCRETE ROOF 2 INTEGRAL COLOR PLASTER 3 PLASTER EXPANSION JOINT 4 CONTINUOUS PLASTER CORNICE 6 4X6 WOOD RAFTER TAILS 7 4X6 RESAWN RAFTER TAILS 8 6X8 RESAWN RAFTER TAILS 9 PLASTER WINDOW TRIM VINYL WINDOW PLASTER CORBEL 13 BATTERED WALL 14 OPENING 15 PLASTER DIVIDER WALL 16 PRECAST COLUMN FABRIC AWNING WITH METAL SUPPORT 18 CURVED METAL AWNING 19 METAL GUARDRAIL 20 WOOD BEAM/ BRACE/ POST/ TRELLIS 21 BOARD & BATTEN WOOD SIDING 22 STOREFRONT SYSTEM 23 FIBERGLASS ENTRY DOOR 24 RESTAURANT 2 - RIGHT SIDE ELEVATION [EAST] PLASTER TRIM RAKE TILE 5 SLIDING GLASS DOOR 25 FRENCH DOOR 26 DECORATIVE METAL BRACKET 27 DECORATIVE METAL HORIZONTAL 28 DECORATIVE METAL COLUMN 29 DECORATIVE SCROLL WORK BASE 30 METAL SPIRE 31 DECORATIVE RECESSED PLASTER VENT 32 DECORATIVE PLASTER CAP 33 DECORATIVE PLASTER FINIAL 34 RECESSED CERAMIC TILE 35 DECORATIVE PLASTER MEDALLION 36 PLASTER PARAPET Day Creek Square 10 * ALL METAL AND WOOD ELEMENTS TO BE PAINT

11 DEVELOPMENT EXPERIENCE The proposer shall provide a summary of experience in developing complex projects that required interaction with a broad range of interested parties from both the public and private sectors, as well as relationships and experience in developing similar projects. THE FOLLOWING INFORMATION IS REQUIRED FROM THE PROPOSER: Name(s), address(es), telephone number(s) and address(es) of the proposer and identify the single person who will be the primary contact for the proposer. Description of experience within the most recent ten-year period related to projects that are similar in nature to the proposed development. Names and addresses of the key team members including architect and general contractor. For each project reference, include the development team member s role in the completed project and the time period of his or her involvement. Photographs showing completed projects that are similar in nature to the proposed development including construction costs, completion dates, locations, land uses, scales, scope of services, and the role of the proposer in these projects. Description of experience in completing projects of the scale and complexity of the proposed development. Any innovative aspects of previous development experience should be described in detail. Any relevant property management experience. Any litigation, mediation, or arbitration in which the company has been involved in the past five years, including any action taken against the company or any of company s key personnel within the past five years. Day Creek Square 11

12 FINANCIAL STRENGTH The proposer shall provide bank and financial statements, lender pre-qualification letters or any other financial proof that can assist the Successor Agency in determining whether the proposer has the capacity to secure the necessary financing or provide cash on hand to facilitate the purchase of the Property at the close of escrow and the subsequent development of the Property. The proposer shall also provide a list of assets for collateral he or she is willing to pledge (as necessary) for financing purposes. Day Creek Square 12