The URL can be used to link to this page

Home My WebLink About1/30/2014 DMCC Board Meeting - Agenda and Meeting Packet DESTIN ATION MEDICAL CENTER CORPOR ATION (DMCC) BOARD MEETING 9 A.M. THURSDAY, JANUARY 30, 2014 UNIVERSITY MINNESOTA ROCHESTER DMCC Bylaws RFP Process/ Qualification DESTINATION MEDICAL CENTER RFP PROCESS UPDATE – CONSULTANT OVERVIEW RFP PROCESS UPDATE – CONSULTANT OVERVIEW On November 8, 2013 the Destination Medical Center Corporation Board of Directors (DMCC) approved a process for the Economic Development Agency (EDA) to solicit proposals from qualified candidates to assist in the completion of the Destination Medical Center (DMC) Development Plan. A summary of the process, the key achievements and the qualified consultants follows. Overview of RFP Process Pursuant to the approved process, the EDA has engaged in the following activities since November: ¥ Issued requests for proposal (RFP) for: o Master Planner, Infrastructure Planner, Transportation Planner, Economic-‐Fiscal Analyst and Market Analyst(s) based on the approved RFP form and template o RFP’s were posted publically on the websites of the City of Rochester, State of Minnesota, dmccorporation.org, DMC.MN, American Planning Association (APA) and the Minnesota Chapter of the APA ¥ Evaluated the proposals and interviewed candidates based on the following process: o Proposals were evaluated by the EDA Board of Directors o Three (3) firms in each category were short-‐listed for interviews o Interviews were conducted in Rochester. Members of the EDA Board, DMCC Board, City/County staff and EDA staff attended the interviews o EDA sub-‐committee(s) of the EDA Board attended the interviews and made recommendations to the EDA Board o The EDA is requesting the qualification of candidates and approval from the DMCC to move forward with the final selection and contracting process ¥ The schedule and key milestone dates included: o November 13, 2013: Requests for proposals (RFP) were issued o December 3, 2013: Q&A session for interested parties, more than 40 people attended o December 10, 2013: Responses to RFP’s were received o December 13, 2013: EDA Board met to review proposals o December 18, 2013: EDA Board met to short-‐list candidates o January 6, 7, 10 and 13, 2014: Interviews with short-‐listed candidates held in Rochester o January 22, 2014: EDA Board met to review recommendations o January 30, 2014: EDA is requesting approval from the DMCC to qualify subconsultants and move forward with finalizing contracts Summary of Proposals: ¥ A total of 25 proposals were received from 18 firms (some firms proposed in mutliple diciplines), many from national/international leaders in their fields ¥ Proposals included excellent representation from Minnesota based companies o 5 of 9 short-‐listed firms included MN based companies; 4 of 9 have local team presence ¥ Proposals included MBE/WBE/SBE/DBE participation and/or promoted women & minorities as project leads: o 1 short-‐listed firm (lead consultant) is a Service Disabled Veteran Owned Business Enterprise (DBE) o 4 firms had targeted business firms as subconsultants on the team o 7 of firms have female or minority persons in lead roles on the project team; 2 of firms have female principals involved in the project ¥ The selection process included strong collaboration between EDA, City and County; the parties continue to coordinate on syncing planning efforts DESTINATION MEDICAL CENTER RFP PROCESS UPDATE – CONSULTANT OVERVIEW RFP PROCESS UPDATE – CONSULTANT OVERVIEW Short-‐Listed / Recommended Candidates A list of the firms that were short-‐listed for interviews included: Master Planner ¥ Broddus Planning, LLC, Torti Gallas and Partners, HGA Architects and Engineers ¥ EEK, a Perkins Eastman Company ¥ SmithGroupJJR Transportation Planner ¥ AECOM ¥ Kimley Horn and Associates, Inc. ¥ Nelson Nygaard Consulting Associates, Inc. Infrastructure Planner ¥ AECOM ¥ Kimley Horn and Associates, Inc. ¥ Short Elliott Hendrickson, Inc. (SEH) Market Consultant ¥ AECOM ¥ HR&A Advisors, Inc. ¥ SB Friedman Development Advisors (a S.B. Friedman & Company) Economic Fiscal Consultant ¥ AECOM ¥ HR&A Advisors, Inc. ¥ SB Friedman Development Advisors (a S.B. Friedman & Company) Requested Next Steps: ¥ Request the DMCC Board to qualify firms and approve the EDA to move forward with finalizing contracts based on scope and budget recommendations ¥ Direct the EDA to continue to work with the City and County to identify opportunities to streamline the planning process and collaborate/coordinate work to maximize efficencies with both the City’s Comprehensive Plan and regional transportation studies DESTINATION MEDICAL CENTER RFP PROCESS UPDATE – CONSULTANT OVERVIEW BROADDUS PLANNING Austin, Texas http://www.broaddusplanning.com/ TORTI GALLAS & PARTNERS Los Angeles, California http://www.tortigallas.com/ HGA ARCHITECTS AND ENGINEERS Rochester, Minnesota http://www.hga.com/ Other Offices: Multiple Through Out United States Firm Description: Broaddus Planning is an award-‐winning firm recognized as one of the nation's premier campus planning, urban design and facility programming practices. The Austin, Texas-‐based firm has developed an expertise in delivering visionary projects for higher education, institutional, medical, research and government clients. Every Broaddus Planning project involves a collaborative process integrating sustainable planning principles and specific implementation strategies. Project Team: o Stephen Coulston – Broaddus Planning (25%) o Andrew Broderick – Broaddus Planning (25%) o Neal Payton – Torti Gallas (25%) o Hal Henderson – HGA (25%) o 10 Other Planners (10%-‐30% each) Representative Project List: The following is a representative list of the projects: o MD Anderson Campus Master Plan (Broaddus) – Houston, Texas o One Health Plus Bio Corridor Master Plan (Broaddus) – College Station, Texas o University of Wisconsin-‐ Milwaukee Master Plan (HGA) – Milwaukee, Wisconsin o University Health System – San Antonio (Broaddus) – San Antonio, Texas o Texas A&M University – Corpus Christi Master Plan (Broaddus) – Corpus Christi, Texas o Travis County Downtown Campus Master Plan (Broaddus) – Austin, Texas MASTER PLANNER DESTINATION MEDICAL CENTER RFP PROCESS UPDATE – CONSULTANT OVERVIEW Representative Experience: MD Anderson Campus Master Plan Houston, Texas One Health Plus Bio Corridor Master Plan College Station, Texas University of Wisconsin-‐ Milwaukee Master Plan Milwaukee, Wisconsin University Health System-‐ San Antonio San Antonio, Texas Texas A & M– Corpus Christi Master Plan Corpus Christi, Texas Travis County Downtown Campus Master Plan Austin, Texas MASTER PLANNER DESTINATION MEDICAL CENTER RFP PROCESS UPDATE – CONSULTANT OVERVIEW MASTER PLANNER EE&K Chicago, IL http://www.eekarchitects.com/ Other Offices: New York, New York; Washington, DC; Los Angeles, CA; Shanghai, China Firm Description: EE&K-‐Perkins Eastman is an architecture firm internationally recognized for integrating the design of buildings and open spaces to turn projects into places. Founded in 1959, EE&K's record of bringing creative thinking and big picture perspective to design problems of all scales has created buildings of enduring memory, economic resilience and lasting value. Their design philosophy is based on the concept that when buildings are designed together with the larger environment, the whole can be greater than the sum of the parts. EE&K merged its practice with Perkins Eastman in 2011, creating enhanced capabilities, expanded global reach, and client value. Both have a portfolio of large-‐scale developments that share a set of common values: the objective of creating new urban places that foster vibrant public communities. Together, the firm's expertise encompasses everything from large-‐scale urban redevelopment to signature campus buildings; urban waterfronts to transportation hubs; primary schools to complex mixed-‐use development; and major hospitals to destination hotels. Project Team: o Peter Cavaluzzi -‐ Principal-‐In-‐Charge (25%) o Hilary Kinder Bertsch -‐ Project Director/Urban Planner (50%) o Mathew Cotton -‐ HC Partner (25%) o Joe Seok Ahn -‐ Historic Planner (15%) o Other Staff (10% -‐ 30%) Representative Project List: The following is a representative list of the projects: o Target Field Station – Minneapolis, Minnesota o Akron Core City Vision / Connectivity Study – Akron, Ohio o Battery Park City – New York, New York o East River Science Park, Biotech Laboratories – New York, New York o Southwest Waterfront – Washington, District of Columbia DESTINATION MEDICAL CENTER RFP PROCESS UPDATE – CONSULTANT OVERVIEW MASTER PLANNER Representative Experience: Battery Park City New York, New York Southwest Waterfront Washington, DC Target Field Station Minneapolis, Minnesota East River Science Park, Biotech Laboratories New York, New York Akron Core City Vision Akron, Ohio City Center Las Vegas, Nevada DESTINATION MEDICAL CENTER RFP PROCESS UPDATE – CONSULTANT OVERVIEW SMITHGROUPJJR Chicago, Illinois http://www.smithgroupjjr.com/ Other Offices: Multiple Through Out United States Firm Description: SmithGroupJJR is a U.S. based, international firm specializing in the health, urban design and planning, learning, science and technology, cultural and workplace markets. Founded in 1853, SmithGroupJJR knows the meaning of longevity, integrity and adaptability. SmithGroupJJR is one of the nation’s largest firms to offer integrated architecture, planning, civil and structural engineering, landscape architecture, urban design and environmental science services. SmithGroupJJR practices together in multidisciplinary teams every day out of a belief that this allows us to offer higher-‐quality services to our clients and produces higher-‐performing, environmentally sound, beautiful landscapes, places and buildings. Project Team: o Deb Mitchell – Principal-‐In-‐Charge (25%) o Patrick Rowley – Project Manager (50%) o Merrill St. Leger-‐Demien (25%) o Others (10% -‐ 15%) Representative Project List: The following is a representative list of the projects: o Scotts Run Station Master Plan – Tysons Corner, Virginia o Indiana University, Purdue University at Indianapolis, Indiana University Health System Master Plan – Indianapolis, Indiana o DC Office of Planning, Mid City East Initiative – Washington, District of Columbia o Cleveland Lakefront Master Plan – Cleveland, Ohio o Reston Town Center – Reston, Virgina o Ann Arbor Downtown Plan – Ann Arbor, Michigan MASTER PLANNER DESTINATION MEDICAL CENTER RFP PROCESS UPDATE – CONSULTANT OVERVIEW Representative Experience: Scotts Run Station Tysons Corner, Virgina Indiana University Health System Master Plan Indianapolis, Indiana DC Office of Planning, Mid City East Initiative Washington, District of Colombia Cleveland Lakefront Master Plan Cleveland, Ohio Reston Town Center Reston, Virgina Ann Arbor Downtown Plan Ann Arbor, Michigan MASTER PLANNER DESTINATION MEDICAL CENTER RFP PROCESS UPDATE – CONSULTANT OVERVIEW INFRASTRUCTURE PLAN, TRANSPORTATION PLAN, MARKET & ECONOMIC-‐ FISCAL ANALYSTS AECOM Minneapolis / Rochester, Minnesota http://www.aecom.com Other Offices: Multiple Through Out United States Firm Description: AECOM is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental, energy, water and government. They work at every scale, from an intimate garden, to a city block, to a national infrastructure program. With approximately 45,000 employees around the world, AECOM is a leader in the key markets that it serves. A Fortune 500 company that serves clients in more than 140 countries, AECOM is noted for working globally and delivering locally. Project Team: Infrastructure Planner o Richard Wolsfeld – Principal in Charge (20%) o Dillon Dombrovski – Lead (70%) o Bob Barth – Planning / Goals (25%) o Others in Specialty Areas (30-‐70%) Transportation Planner Team o Richard Wolsfeld – Principal in Charge (20%) o Tony Hepplemen -‐ Lead (60%) o Scott Marack – Senior Transportation Planner (100%) o Rose Ryan – Senior Transportation Planner (100%) o Others in Specialty Areas (50-‐70%) Market Analyst & Economic & Fiscal Consultant Team o Bill Andersen – Principal in Charge (35%) o Chris Brewer – Lead -‐ Market Analyst (40%) o Kimberly Gestner – Lead -‐ Economics Anlayst (40%) o Staff & Sub-‐Consultants (75% each) Representative Project List: The following is a representative list of the projects: o Economic-‐Fiscal Impacts, Greater Washington Area for Johns Hopkins – Baltimore, Maryland o Tax Increment Financing for Kentucky Cabinet of Economic Development – Various Cities, Kentucky o Potential Impact of Real Estate Development Surrounding Sports Facilities -‐ Nationwide o Chrysler Economic Redevelopment Strategy – St. Louis, Missouri o Comprehensive Economic Development Strategy – Flint, Michigan o Airport Expansion Alternates at Minneapolis, St. Paul International Airport – Minneapolis, Minnesota DESTINATION MEDICAL CENTER RFP PROCESS UPDATE – CONSULTANT OVERVIEW INFRASTRUCTURE PLAN, TRANSPORTATION PLAN, MARKET & ECONOMIC-‐ FISCAL ANALYSTS Representative Experience: Hudson Yards (Economics/Market) New York, New York LA Live (Economics/Market) Los Angeles, California InVision Tampa Master Plan (Economics/Market) Tampa, Florida Los Angeles Streetcar (Economics) Los Angeles, California National Parks Service (Market) US Markets Assembly on the Mystic (Transit Oriented Dev) Washington, DC DESTINATION MEDICAL CENTER RFP PROCESS UPDATE – CONSULTANT OVERVIEW INFRASTRUCTURE PLAN, TRANSPORTATION PLAN, MARKET & ECONOMIC-‐ FISCAL ANALYSTS Representative Experience: Tax Increment Finance Analysis for Kentucky Cabinet for Economic Development Various Cities, Kentucky St. Louis Regional Economic Adjustment Strategy St. Louis, Missouri University of Kentucky Health Care Master Plan Lexington, Kentucky Charlotte North Corridor Commuter Rail Charlotte, North Carolina University of New Mexico Hospitals Master Plan-‐ Phase II 2010 Albuquerque, New Mexico Lake Beauty Park Redevelopment Orlando, Florida DESTINATION MEDICAL CENTER RFP PROCESS UPDATE – CONSULTANT OVERVIEW INFRASTRUCTURE & TRANSPORTATION PLANNER KIMLEY-‐HORN and ASSOCIATES Minneapolis / Rochester, Minnesota http://www.kimley-‐horn.com/ Other Offices: Multiple Throughout United States Firm Description: Kimley-‐Horn is one of the nation's most comprehensive and best respected engineering and land planning firms. With over 1,900 staff in more than 60 offices across the United States (including two in Minnesota, one of which is in Rochester) the firm offers full services in a wide range of disciplines including: aviation, the environment, intelligent transportation systems, forensic engineering, land development, landscape architecture, parking, renewable energy, transit, transportation, roads and bridges, urban redevelopment, water resources, and wireless communications. Infrastructure Planner Project Team: o Dan Coyle -‐ Project Manager (50%) o Jon Horn -‐ Principal (45%) o Other Staff (30% -‐ 75%) Transportation Planner Project Team: o Fred Schwartz – Principal-‐in-‐Charge (80%) o Senior Level Planners in Each Dicipline (40% -‐ 70%) Representative Project List: The following is a representative list of the projects: o DMC Preliminary Infrastructure Plan – Rochester, Minnesota o Anoka County Infrastructure Plan & Implementation – Anoka County, Minnesota o City of Rivera Beach Community Redevelopment Plan – Rivera Beach, Florida o Vikings/Ramsey County Stadium Risk Assessment – Minneapolis, Minnesota o South Capital to Development District Plan / Study – Madison, Wisconsin o Judge Doyle Square Master Plan – Madison, Wisconsin DESTINATION MEDICAL CENTER RFP PROCESS UPDATE – CONSULTANT OVERVIEW INFRASTRUCTURE & TRANSPORTATION PLANNER Representative Experience: DMC Preliminary Infrastructure Plan Rochester, Minnesota Anoka County Infrastructure Plan Anoka County, Minnesota City of Riviera Beach Community Redevelopment Plan Rivera Beach, Florida Vikings / Ramsey County Stadium Risk Assessment Minneapolis Metro Area, Minnesota South Capital Transit Oriented Development District Plan/Study Madison, Wisconsin Judge Doyle Square Master Plan Madison, Wisconsin DESTINATION MEDICAL CENTER RFP PROCESS UPDATE – CONSULTANT OVERVIEW TRANSPORTATION PLANNER NELSON NYGAARD CONSULTING ASSOCIATES New York http://www.nelsonnygaard.com/ Other Offices: San Francisco, CA; Portland, OR; Boston, MA; Seattle, WA; Washington, DC; Burlington, VT; Atlanta, GA Firm Description: Nelson\Nygaard Consulting Associates is an industry leader in sustainable transportation planning, committed to developing transportation systems that build vibrant communities. With a staff of over 90 planners and engineers in offices across the United States, the firm has a long track record of developing innovative plans that are grounded in reality for clients across the globe. Drawing from real world experiences, their industry specialists utilize a fully multimodal approach that balances the needs of transit, transit-‐oriented development, and accessibility. They also understand demand for cost effective advice that can lead to seamless implementation and their senior staff includes professionals with hands-‐on experience, who have stood in their clients' shoes. Project Team: o Dave Fields -‐ Prinicipal-‐In-‐Charge (50%) o Tom Brennen -‐ Project Manager (55%) o Chris Yake (60%) o Staff (40% -‐ 80%) Representative Project List: The following is a representative list of the projects: o Downtown Rochester Mobility Plan – Rochester, Minnesota o Seattle Urban Mobility Plan – Seattle, Washington o St. Paul Streetcar System Plan & Feasibility – St. Paul, Minnesota o Lincoln, Nebraska Downtown Plan – Lincoln, Nebraska o University of Wisconsin Campus Transit Evaluation – Madison, Wisconsin o Moscow City Capital Master Plan – Moscow, Russia DESTINATION MEDICAL CENTER RFP PROCESS UPDATE – CONSULTANT OVERVIEW TRANSPORTATION PLANNER Representative Experience: Downtown Rochester Mobility Plan Rochester, Minnesota Seattle Urban Mobility Plan Seattle, Washington St. Paul Streetcar System Plan & Feasibility St Paul, Minnesota University of Wisconsin Campus Transit Evaluation Madison, Wisconsin Moscow Capital City Master Plan Moscow, Russia MOVEPGH Transportation Master Plan Pittsburgh, Pensylvania DESTINATION MEDICAL CENTER RFP PROCESS UPDATE – CONSULTANT OVERVIEW INFRASTRUCTURE PLANNER SHORT ELLIOTT HENDRICKSON, INC. Minneapolis, Minnesota http://www.sehinc.com/ Other Offices: Multiple Through Out United States Firm Description: SEH is a full-‐service professional services firm comprised of 550 engineers, architects, planners, and scientists located in offices across the nation. Their commitment is to increase quality of life through safer roads, bridges, parks and trails; renewable energy and sustainable design; and cleaner air, drinking water, rivers, and lakes. They design customized solutions for their clients. SEH has a demonstrated history of collaborating with multidisciplined teams to deliver creative and innovative infrastructure solutions that address the intricate relationships of multi-‐modal transportation enhancements, the creation of public open spaces, and economic development opportunities and re-‐development in urban core environments. Project Team: o Mark Lobermeier – Principal-‐In-‐Charge (5%) o Bill Lokkesmoe– Project Manager/Lead (50%) o 10 – 11 Engineerings in Specialty Firelds (10% -‐ 30% Each) Representative Project List: The following is a representative list of the projects: o Target Field Station – Minneapolis, Minnesota o Mall of America Expansion – Bloomington, Minnesota o Univeristy of Minnesota / TCF Bank Stadium Infrastructure Plan – Minneapolis, Minnesota o Town Center Drive Improvements – Eagan, Minnesota o Chicago Avenue / Guthrie Theater Plaza – Minneapolis, Minnesota o Downtown Central Park – Valparaiso, Indiana DESTINATION MEDICAL CENTER RFP PROCESS UPDATE – CONSULTANT OVERVIEW INFRASTRUCTURE PLANNER Representative Experience: Target Field Station Minneapolis, Minnesota Mall of America Expansion Bloomington, Minnesota University of Minnesota / TCF Bank Stadium EIS and Traffic Planning, Engineering Minneapolis, Minnesota Town Center Drive Improvements Eagan, Minnesota Chicago Avenue / Guthrie Theater Plaza Minneapolis, Minnesota Downtown Central Park Valparaiso, Indiana DESTINATION MEDICAL CENTER RFP PROCESS UPDATE – CONSULTANT OVERVIEW HR & A ADVISORS, Inc. New York, New York http://www.hraadvisors.com/ Other Offices: Multiple Through Out United States Firm Description: HR&A Advisors, Inc. (HR&A) is an industry-‐leading real estate, economic development and energy efficiency consulting firm. HR&A has provided strategic advisory services for some of the most complex mixed-‐use, neighborhood, downtown, campus, and regional development projects across North America and abroad for over thirty years. HR&A understands the importance of linking private investment with public resources to support investors and communities’ responsibilities and aspirations. HR&A has offices in New York, Los Angeles, and Washington D.C., a presence that allows them to serve clients all over the world. From Brooklyn to London, Cincinnati to Hong Kong, HR&A has guided hundreds of clients in transforming real estate and economic development concepts, and public infrastructure, first into actionable plans then into job-‐producing, community-‐strengthening assets. HR&A has served a diversity of clients – real estate owners and investors, hospitals and universities, cultural institutions, community development organizations and governments – since 1976. Project Team: o Candace Damon – Principal-‐In-‐Charge (5%) o Kumar Kintala – Project Manager (30-‐40%) o Ryan LeVassuer – Analyst (10%) o Aaron Kurtz – Analyst (15%) Representative Project List: The following is a representative list of the projects: o Port Authority – New York, New York o Union Depot – St. Paul, Minnesota o NYC Health and Hospitals Corporation – New York, New York o Reposition Brooklyn Tech Triangle – Brooklyn, New York o Sparkling Redevelopment – Minneapolis and St. Paul, Minnesota o Walter Reed Army Medical Center Re-‐Use Planning – Washington, District of Columbia MARKET & ECONOMIC-‐ FISCAL ANALYSTS DESTINATION MEDICAL CENTER RFP PROCESS UPDATE – CONSULTANT OVERVIEW Representative Experience: Port Authority New York, New York Union Depot St. Paul, Minnesota Boston Convention Center District Boston, Massachusetts Reposition Brooklyn Tech Triangle Brooklyn, New York Sparkling Redevelopment Minneapolis and St. Paul, Minnesota Walter Reed Army Medical Center Re-‐Use Plan Washington, District of Columbia MARKET & ECONOMIC-‐ FISCAL ANALYSTS DESTINATION MEDICAL CENTER RFP PROCESS UPDATE – CONSULTANT OVERVIEW SB FRIEDMAN DEVELOPMENT ADVISORS Chicago, Illinois http://www.sbfriedman.com/ Other Offices: Multiple Through Out United States Firm Description: SB Friedman Development Advisors is a specialized real estate and development advisory firm based in Chicago. Founded in 1990, the firm works closely with its clients to evaluate development potential and financial and business impacts; project market and financial feasibility; identify innovative public-‐private development solutions; and prepare implementable development strategies. We have worked on behalf of municipalities, counties, private developers, non-‐profits and many others, and provided strategic and tactical advice to cities as large as Chicago and Milwaukee, and as small as Scales Mound, Illinois. Project Team: o Stephen B. Friedman – Project Advisor (5%) o Ranadip Bose – Senior Project Manager (30%) o Geoff Dickinson – Senior Project Manager (30%) o Mark Eisenberg – Project Manager (30%) Representative Project List: The following is a representative list of the projects: o Medical SSMID – Cedar Rapids, Iowa o City of Cleveland Department of Port Control – Cleveland, Ohio o City of Chicago Department of Housing and Economic Development – Chicago, Illinois o City of Iowa City Downtown and Riverfront Crossing Plan – Iowa City, Iowa o University of Nebraska Medical Center (UNMC) – Omaha, Nebraska o Mercy Hospital & Medical Center – Chicago, Illinois MARKET & ECONOMIC-‐ FISCAL ANALYSTS DESTINATION MEDICAL CENTER RFP PROCESS UPDATE – CONSULTANT OVERVIEW Representative Experience: Medical SSMID Cedar Rapids, Iowa City of Cleveland Department of Port Control Cleveland, Ohio City of Chicago Department of Housing and Economic Development Chicago, Illinois City of Iowa City Downtown & Riverfront Crossing Plan Iowa City, Iowa University of Nebraska Medical Center (UNMC) Omaha, Nebraska Mercy Hospital & Medical Center Chicago, Illinois MARKET & ECONOMIC-‐ FISCAL ANALYSTS DMC Budget Presentation Destination Medical Center Creating the World’s Leading Center for Excellence in Health, Wellness and Medical Innovation. DMC BUDGET OVERVIEW (2014) Presented January 30, 2014 2 DRAFT – FOR REVIEW OR COMMENT In September, 2013 The DMCC Board established certain goals and objectives for the project and the DMC Development Plan. DMC GOALS DEVELOPMENT PLAN OBJECTIVES Develop A Finance Plan To Foster Business & Economic Growth In The Market Harness The Energy & Creativity Of The Community In The Planning & Execution Of The DMC Initiative Develop Strategies To Attract New Businesses To The Market, Including SBE, MBE & WBE Participation Focus On Strategies To Attract, Retain & Foster The Development Of A Highly Skilled Workforce Establish A Compelling Vision & Identity For Rochester As A Global Medical Destination Define Extraordinary Costs & Set Priorities For Public Investment To Meet The Mission & Goals Of The DMC Establish A Viable Economic Development Strategy Grounded By Market Research Create A Comprehensive Strategic Plan Leverage $585 Million to Attract $5 Billion Create 35,000 – 45,000 New Jobs Generate $7.5 - $8.5 Billion In Net New Tax Revenue Achieve Highest Quality Patient, Visitor & Resident Experience Create Strategies, Programs & Services That Support A World Class Destination Develop A Comprehensive Strategy That Addresses All Facets Of Building & Sustaining The Destination Develop Strategies To Enhance The Quality Of The Experience For Patients, Visitors & Residents In Rochester Establish Underwriting Criteria To Direct Public Funding To Maximize The Return To State & Local Jurisdictions DEVELOPMENT PLAN OVERVIEW DMCC ESTABLISHED GOALS & OBJECTIVES 3 DRAFT – FOR REVIEW OR COMMENT 1.0 Introduction 2.0 Project Reports / Findings Current Project Status – Planned vs. Implemented Report on Investments, Targeted Employment & Economic-Fiscal Impacts Achieved Summary Report - Statement of Findings, with Evidence Finding #1 - Sufficient to indicate relationship to state / local objectives Finding #2 - Affords maximum opportunity for private sector investment Finding #3 - Conforms to the City’s general development & comprehensive plan Finding #4 - Conforms to approved local / regional transportation plans Finding #5 - Complementary to Mayo Clinic Strategic Plan / Master Plan 3.0 Summary of Strategic Priorities (Next 5 Years) Strategic Initiatives in 7 Core Focus Areas Health & Wellness Commercial, Research and Technology Hotel and Hospitality Residential / Livable City Retail, Entertainment & Cultural Learning Environment Parks and Recreational 3.0 Summary of Strategic Priorities (Next 5 Years – Cont’d) Economic-Fiscal Impact Projections Jobs and Targeted Employment Projections Transformation Projects/Catalysts 4.0 Market Research Population and Demographic Analysis Visitation & Demand Analysis Market Research By Seven Core Focus Areas 5.0 Master Plan Planning Goals & Objectives Definition of Sub-Districts / Methodology for Selection Planning Criteria & Principles Land Use Assumptions Neighborhood & District Development Plans Environmental & Sustainability Targets Historic District & Preservation Planning Transportation & Transit Corridors Signage and Wayfinding Requirements Coordination with Infrastructure / Transit Plans DEVELOPMENT PLAN – PRELIMINARY OUTLINE OF CONTENT The Development Plan will establish a comprehensive business and economic development strategy for the project. The scope and content of the plan addresses land use, transportation/infrastructure planning, market research, funding priorities, business/economic development and mark et strategies. The Development Plan establishes the strategic framework for the project over the next 20 years to leverage the $585 million public investment to attract $5 billion in investment to the market. DEVELOPMENT PLAN OVERVIEW SUMMARY OF SCOPE AND CONTENT OUTLINE 4 DRAFT – FOR REVIEW OR COMMENT 6.0 District Infrastructure Master Plan (Non-Transportation) Planning Goals & Objectives Priority Investment Guidelines / Target Areas for Investment Summary of Conformance with City Comprehensive Plan / Other Planned Improvements, Requirements & Guidelines Projected Master Project Budget, Schedule & Phasing Plan Projected Annual Operations & Maintenance Budgets Parcel Development /Criteria 7.0 Transportation Plan Planning Goals & Objectives, including Boundaries and Requirements Overview of Transportation Management System Current vs. Planned Demand Analysis – Regional / Local Regional & District Improvements, Requirements & Guidelines Projected Development Budget / Phasing – 5 Years Projected Development Schedule / Phasing – 5 Years Projected Annual Operations & Maintenance Budgets 8.0 Finance Plan - Development & Investment Priorities Public Funding Priorities and Investment Objectives Detailed Sources and Uses of Funds Summary Consolidated Project Budget (Projected) – First 5 Years Finance Assumptions / Bond Rating Summary Investment Risk Analysis Guidelines & Requirements for Funding Applications Underwriting Criteria DEVELOPMENT PLAN OUTLINE OF DEVELOPMENT PLAN DOCUMENT 9.0 DMCC Business Development Priorities & Strategies Establish Strategies, Including Priorities, Goals and Objectives Establish Criteria for Targeted Business / Work Force Development 10.0 Community Outreach & Programming Priorities & Strategies Establish Strategies, Including Priorities, Goals and Objectives for Establish Criteria for Review of Outreach, Programs and Services 11.0 Marketing & Communication Priorities & Strategies Establish Marketing Strategy, Including Priorities, Goals and Objectives Communications and PR Strategy, Including Priorities, Goals and Objectives Criteria for Evaluating Marketing Proposals 12.0 DMCC Operations Plan – 5 Years Operating Plan Summary Operating Budget & Reporting - 5 Years 13.0 Exhibits Evidence for Findings Form(s) and Procedures for Funding Applications Forms of Development and/or Grant Agreement for Project Funding Form(s) of Forgivable/Low-Interest Loan Agreement DEVELOPMENT PLAN – PRELIMINARY OUTLINE OF CONTENT (PAGE 2 OF 2) PROPOSED DMC BUDGET (2014) 6 DRAFT – FOR REVIEW OR COMMENT PROPOSED DMC BUDGET (2014) BUDGET OVERVIEW –KEY DRIVERS BUDGET OVERVIEW – KEY DRIVERS The 2014 budget is approximately $8 million This budget is higher in this first year because it includes the costs associated with: Initiating the project / finalizing structures Costs to complete the Development Plan Comprehensive strategic business plan 20-year planning framework A $5 billion economic development strategy Identify projects / funding priorities to achieve near-term and short-term goals Costs to develop brand, marketing & communications strategies to: Attract private investment in the market Retain and grow new business/companies Focus on growing opportunities for targeted business The operating budget for future years will be established as part of the Development Plan. Budget Overview (2014) 20% 70% 10%DMCC/City/EDA Operating Expenses / Start Up Costs Development Plan Costs (20 Year Framework) Project Marketing & Communications 7 DRAFT – FOR REVIEW OR COMMENT PROPOSED DMC BUDEGT BUDGET The following includes the proposed budget for the completion of work in the 2014 calendar year. ORGANIZATIONAL EXPENSES BUDGET YE 2014 Destination Medical Center Corporation General Expenses (Board Per Diem, Reimbursable, etc.)$146,000 Professional Services $400,000 City Expenses $340,000 Economic Development Agency Payroll, Staff, Administration & Benefits $460,000 General Expenses $382,000 Subtotal Organizational Expenses $1,728,000 THIRD PARTY COSTS (RELATED TO DEVELOPMENT PLAN AND PROJECT START UP) BUDGET YE 2014 Planning Services, Architecture, Engineering $2,431,000 Development & Legal Services $2,100,000 Financial, Accounting & Investment Services $675,000 Economic Analysis, Market Research, Reports $351,000 Communications, Marketing & PR $545,000 Public Relations & Communications $245,000 Other Professional Services & Project Costs $100,000 Reimbursable Expenses $30,000 Subtotal Third Party Costs & Reimbursable $6,477,000 TOTAL BUDGET $8,205,000 8 DRAFT – FOR REVIEW OR COMMENT PROPOSED BUDGET BUDGET OVERSIGHT & PAYMENT PROCESS BUDGET OVERSIGHT AND PAYMENT PROCESS: The oversight and management of the DMC budget will be coordinated between the DMCC, City of Rochester and EDA. The process will include: The EDA will manage its operations and the Development Plan consultants. Budget oversight includes: The EDA will not have direct access to DMC funds or financing accounts The EDA will be required to provide detailed monthly progress reports and payment applications to the DMCC Treasurer and City of Rochester The EDA will be required to provide updates on the project and budgetary process to DMCC Board The DMCC and City will manage / oversee other funding / financings in an approved process: DMCC/City budgets and payments will be managed by the DMCC Treasurer and City Project financings will be managed by the City and DMCC Treasurer (and others if required) During implementation, the EDA, City and County will continue to coordinate work. COMMUNITY INPUT PROCESS 10 DRAFT – FOR REVIEW OR COMMENT FRAMEWORK DESIGN & INVENTORY Identify and Plan Local experts design Framework community conversations. Provide education for community COMMUNITY INPUT COLLECTION Community Conversations and Input Community members provide input on vision and specific areas of focus that interest them. PLANNING & PUBLIC REVIEW Iterative process for public review feedback gathering) HEALTH & WELLNESS LIVABLE CITY, RETAIL, DINING LIVABLE CITY, RETAIL, DINING ENTERTAINMENT ARTS & CULTURE, CIVIC COMMERCIAL, RESEARCH & TECHNOLOGY LEARNING ENVIRONMENT HOTEL & HOSPITALITY HOTEL & HOSPITALITY SPORTS, RECREATION & NATURE TRANSPORTATION Ensure all community members have the opportunity to contribute and give input INFORM INPUT FEEDBACK Drive participation across all eight core focus areas COMMUNITY INPUT PROCESS PROCESS OVERVIEW 11 DRAFT – FOR REVIEW OR COMMENT January February March April May June July August September October November December January City Approval 2nd PUBLIC FORUM - Introduce Consultants - Visioning Discussion The following provides a preliminary schedule for the project, outlining the progress and reports to DMCC Board members and the process to gain public input on the process. Included with this schedule is an outline of the primary planning phases for the project. Please note, the information included herein is preliminary in nature and is subject to change as new information becomes available. 3rd PUBLIC FORUM - Conceptual Planning Documents 4th PUBLIC FORUM - Updates to Planning Documents - Operational Strategies PUBLIC HEARING(S) -60 Day Approval Process 1ST PUBLIC FORUM - Info. on DMC Process - Discussions Around Core Focus Areas DMCC BOD Meeting - Update Market Research - Conceptual Plan DMCC BOD Meeting - Development Plan Update - Conceptual Plan Update - Preliminary Business Plan, Marketing Plan, Community Outreach Plan DMCC BOD Meeting - Development Plan Update - Conceptual Plan Update - Preliminary Finance Plan - Preliminary Ops Plan DMCC BOD Mtg - Adopt Development Plan DMCC BOD Meeting - Development Plan Update - Conceptual Plan Update - Preliminary Finance Plan - Preliminary Operations Plan DMCC BOD Meeting - Development Plan Update - Visioning Discussion - Preliminary Research - Discuss RE: Key Driver * Assumes the EDA initiates project planning and retains consultants in early February COMMUNITY INPUT PROCESS PRELIMINARY SCHEDULE AND TIMING DMCC BOD Meeting - Subconsultants Qualified / Approved - Planning Process Initiated Community Conversations 12 DRAFT – FOR REVIEW OR COMMENT COMMUNITY INPUT PROCESS SOCIAL MEDIA COMMUNICATIONS TARGETED EMPLOYMENT 14 DRAFT – FOR REVIEW OR COMMENT TARGETED EMPLOYMENT STRATEGIES & PROCESS Increasing opportunities for the growth of targeted employment is a key strategy of the DMC Development Plan. The Development Plan will include strategies and will include reporting requirements to meet these goals. TARGET EMPLOYMENT GUIDELINES/ WORKFORCE DEVELOPMENT STRATEGIES DMCC EVALUATION & UPDATES TO STRATEGIES & OBJECTIVES WITH 5-YEAR DEVELOPMENT PLAN UPDATES ON-GOING MONITORING & REPORTING ON PROGRAMS AND METRICS EDA TO COORDINATE WITH CITY & COMMUNITY TO IMPLEMENT / MONITOR PROGRAMS City of Rochester Presentation/ Resolution