“A Bird’s Eye View” - PowerPoint Presentation

Slide1

“A Bird’s Eye View”

High Point Park Case Competition

January 19, 2010

Blue Team | Design 7

Divya

Aathresh

Diana Basto

Nick Desimone

Qian Liu

Ailun

QinSlide2

Agenda

Project overview

Design details

Target demographics

Local competition

Project financing

Management structure

Notable risks

RecommendationsSlide3

Vision for a Future Icon of PittsburghSlide4

Space Allocation

Restaurant

Summer Stage Winter Rink

Dome/Aviary

Playground

Visitor Center

Coffee Shop

GardenSlide5

Seamless Integration of SpacesSlide6

Centerpiece of the RooftopSlide7

Solar Panels Provide Energy for Lighting

Photovoltaic cells

Nylon netting

250 LEDs at each intersectionSlide8

Nylon Structure:

41,867

sqft

Photovoltaic Cells:

20,932

sqft

Structure Details

Surface Area

Photovoltaic

The

Aviary

Catwalks

Inside

Power entire rooftop in summer months

Bird-friendly vegetation

Energy Producing:

~667 kWh/daySlide9

Open Stage Area Allows for Variety of UsesSlide10

Relaxing Atmosphere & Space for Kids

Green-roof collects rainwater

Gray-water irrigation

Kids’ space for daycare and visitorsSlide11

Connecting Pittsburgh’s Past & FutureSlide12

The Best Panorama in PennsylvaniaSlide13

Target DemographicsSlide14

Local CompetitionSlide15

Financial Sustainability Achieved

Payback

horizon

of five years

Affordable attractions for all residents & visitors

Financial flexibility to compensate building owners at a reasonable rateSlide16

Estimated Construction Costs

Component

Area (sqft)

Estimated

Cost/SQFT ($/sqft)

Labor &

Materials

Arch/Eng

Rate ($/hr)

Arch/Eng

Hours ($/hr)

Arch/Eng

Cost ($)

Estimated

Installed Cost ($)

Dome

-

-

-

-

-

-

-

Structure

-

-

750,000

120

250

30,000

780,000

Lighting

61685

10

616,850

90

100

9,000

625,850

Nylon Covering

41867

0.25

10,467

-

-

-

10,467

Solar Panels*

19818

80

1,585,440

120

150

18,000

1,603,440

Stage/rink

5000

10

50,000

120

80

9,600

59,600

Park

-

-

-

-

-

-

-

Landscaping

8000

60

480,000

90

200

18,000

498,000

Playground

-

-

40,000

-

-

-

40,000

Visitor Center

800

160

128,000

-

-

-

128,000

Coffee/Gift Shop

800

160

128,000

-

-

-

128,000

Glass surround

450

180

81,000

-

-

-

81,000

Restaurant Structure

6000

106

636,000

105

300

31,500

667,500

Subtotal

$4,621,857

Elevator Extension

-

-

85,000

120

125

15,000

100,000

Helicopter Crane

-

-

120,000

1500

150

225,000

225,000

Permitting/Road Closures (5%)

-

-

-

-

-

-

231,093

Contingencies (25%)

-

-

-

-

-

-

1,155,464

Subtotal

$1,711,557

Project Mgmt (10%)

462186

Total

$6,795,599

*Tax credit totalling 30% of installed cost for the state of PA.Slide17

Projected Annual Revenue

Revenue

Form

Avg

Sale

Volume

Revenue

Visitor Fee

Elevator Ticket

$5

520620

$2,603,100

Stage

Outdoor Movies

$5

9000

$45,000

Ice Rink

Rink Fee

$5

640

$3,200

Coffee Shop

Coffee Sales

$3

208000

$520,000

Gift Shop

Souveniers

$10

78000

$780,000

Restaurant

Lease

-

-

$138,000

Total

$4,089,300

Labor Costs

Visitor Fee

-

-

-

$525,000

Stage

-

-

-

$18,000

Ice Rink

-

-

-

$30,720

Coffee & Gift Shop

-

-

-

$216,000

Restaurant

-

-

-

-

Total

$789,720

Income*

$3,299,580

*Income calculated as gross revenue less labor costs. Does not include GOGS, utilities, etc.Slide18

Management Options ExistSlide19

Existing Risks are Properly Mitigated

Risk

Mitigation

Need a champion

Incentives

exist regardless of who leads

Contingent upon landowner

agreement

Financial stability to fairly compensate building owners

Design challenges

Engineering feasibility performed

on structure, landscape & access points

Low

cinema & skating patronage due to local competition

Primary revenue driver is rooftop access fee

Public safety

Safety glass

and netting installed. Stairwells & elevators upgraded to fire-codeSlide20

Moving Forward

Approach potential partners/investors

Reach out to building owners

Select a champion

Perform engineering feasibility studies

Detailed planning Slide21
Slide22

Appendix A: References

Kazarian

, Edward. "Foodservice Facilities Planning." New York: Van

Nostrand

Reinhold, 1989. 71-89.

Mueller, Frederick.

Integrated Cost and Schedule Control for Construction Projects.

New York: Van

Nostrand

Reinhold Company, 1986.

Neal, Rome.

Caffeine Nation.

7 September 2003. 10 January 2010 <http://www.cbsnews.com/stories/2002/11/14/sunday/main529388.shtml>.

Powell, Albrecht.

Pittsburgh Facts, Pittsburgh Firsts.

17 January 2010 <http://pittsburgh.about.com/cs/aboutpittsburgh/a/facts.htm>.

Saylor Publications Inc.

Square Foot Building Costs.

17 January 2010 <http://www.saylor.com/lacosts/#Commercial, Industrial, Institutional>.

US Census Bureau. "2000 City of Pittsburgh Census Report."

Pittsburgh City Planning.

16 January 2010 <http://www.city.pittsburgh.pa.us/cp/html/census_information.html>

(

n.d

.). Retrieved from http://www.showcase.com/AppRoot.aspx?LT=1&P=FCFB00565B8E233414F68D64D195A00D

(

n.d

.). Retrieved from http://www.theage.com.au/news/entertainment/rooftop-cinema-to-add-more-stars-to-city-sky/2006/09/22/1158431902619.html

(

n.d

.). Retrieved from http://www.grantamon.com/index.php?section=40

(

n.d

.). Retrieved from http://www.rooftopcinema.com.au/faq

(

n.d

.). Retrieved from http://www.pittsburghlive.com/x/pittsburghtrib/s_246478.html

(

n.d

.). Retrieved from http://plansscope.construction.com/Outdoor_Amphitheater-DR_3_200800562930.aspx

(

n.d

.). Retrieved from

http://www.theage.com.au/news/entertainment/rooftop-cinema-to-add-more-stars-to-city-sky/2006/09/22/1158431902619.html

Oxford References On line premium

https://www.vpn.cmu.edu/+CSCO+ch756767633A2F2F6A6A6A2E626B736265716572737265726170722E70627A++/views/SEARCH_RESULTS.html?searchnumber=1&q=consortium&timelines=0&category=s6&ssid=108549325&scope=subject&time=0.308922105846058

J. A. Aloysius, E. C. Rosenthal, “The Selection of Joint Projects by a

Consortium: Cost Sharing Mechanisms” The Journal of the Operational Research Society, Vol. 50, No. 12 (Dec., 1999), pp. 1244-1251

Virginia Association of Parks

http://www.virginiaparks.org/article/vafpinaction/visitor_center_projectsSlide23

Appendix B: Solar Power Estimates

Solar Radiance:

4.19 kWh/sq m/day

Avg. Monthly Usage:

20,000 kWh/month

System Size:

198.18 kW

Roof Size:

19,818 sq ft

Estimated Cost:

$1,585,458.35

Post Incentive Cost:

$847,797.54

System specifications for:

Pittsburgh, PA

Utility: Duquesne Light Co

Source:

http://www.findsolar.com/