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PARCEL42
7th Street & Rhode Island Avenue NW Street&RhodeIslandAvenue,NW
Baywood Hotels Dantes Partners Baywood Hotels Pettles Group/EB5 Capital Group/EB5Capital
GUIDINGPRINCIPLE
TransformationofFallowParceltoVibrantGateway The Challenge How to Create a Program That Delivers: 1. High Quality Architecture 2. Economic Viability & Development 3. Mixed Income Housing 4. Neighborhood Serving Retail 5. Parking 6. Transit Oriented Development p The Solution Forgo the Predictable and Blend the Unexpected: 1. Hotel: Economic Development & Design 2. Affordable Housing: Pathway to Employment & Housing 3. Retail: Fresh New Small Business & Jobs 4. Parking: Long Standing Community Based Business 5. Not 5 N t sacrificing any community request ifi i it t 6. NO SUBSIDY FROM THE DISTRICT GOVERNMENT!
PARCEL42
7th Street & Rhode Island Avenue NW Street&RhodeIslandAvenue,NW
TEAMQUALIFICATIONS
Collectivelyourteamhasaccomplishedthefollowing:
PARCEL42
7th Street & Rhode Island Avenue NW Street&RhodeIslandAvenue,NW
Transformed Communities Through Thoughtful and Patient Approach to Real TransformedCommunitiesThroughThoughtfulandPatientApproachtoReal EstateandEconomicDevelopment,Design,andFinancialInvestment. Delivered62 Hotels;inbusinesssince1975 $800Minassets Financed&Developed511 AffordableHousingUnits ManageOver65,000 ParkingSpacesinMajorAirports DevelopedOver200K Sqft ofNeighborhoodCommercialandWorkforce HousingUnits Housing Units Investedover$675MMinWashingtonDCRealEstateProjects DesignedandDeliveredtheFirstLEEDCertifiedHotelinNorthAmerica
PARCEL42
7th Street & Rhode Island Avenue NW Street&RhodeIslandAvenue,NW
Commits to P42 bringing a high quality boutique grocery option to the Shaw neighborhood and a terrific amenity to the hotel guests.
SUMMARYOFUSE
PARCEL42
7th Street & Rhode Island Avenue NW Street&RhodeIslandAvenue,NW
SUMMARYOFUSE
Parking: Retail: Retail: Hotel: AffordableHousing: 74spaces(54and20valet) 5,689SF(firstfloor) 5 689 SF (first floor) 102hotelrooms:54,592SF(floorsfourthtoninth) 22affordableunits@50%ofAMI 3efficiencies@$797permonth 19onebedrooms@858permonth Representing24%ofFAR Representing 24% of FAR 89,915 90ft.(ninestories) 90 f ( i i )
PARCEL42
7th Street & Rhode Island Avenue NW Street&RhodeIslandAvenue,NW
Oneownership/differentmanagersforeachcomponent
DEVELOPMENTPLAN:JOBCREATION
ECONOMICDEVELOPMENT
Grocer 15Jobs 15 Jobs Hotel 41Jobs Avg Wage: Wage: $15/HR Avg Wage: $10 $32/HR
PARCEL42
7th Street & Rhode Island Avenue NW Street&RhodeIslandAvenue,NW
6075Jobs
PartnerWithCommunityBased Organizationsthathasthe communitysinterestatheart PriorityforShawResidents Opportunities for Individuals Construction OpportunitiesforIndividuals WithHighSchoolDiplomas
300400Jobs Avg Salary: $47,000 $47 000
CareerPath
Applicants
EntryLevel
PARCEL42
7th Street & Rhode Island Avenue NW Street&RhodeIslandAvenue,NW
Affordable
VIEWS
Ariel View
VIEWS
RESIDENTIAL ENTRANCE
COMMUNITYTOTLOT:
PARCEL42
7th Street & Rhode Island Avenue NW Street&RhodeIslandAvenue,NW
SUSTAINABILITY:
GOAL: LEED NC v2009 Gold certification
PARCEL42
7th Street & Rhode Island Avenue NW Street&RhodeIslandAvenue,NW
Integralstormwater managementthroughuseofgreenroofand l h h f f rainwaterreclamationsystem Promotionofpublictransitsystem,viaMetroRail,MetroBus,andCapital Promotion of public transit system via Metro Rail Metro Bus and Capital Bikeshare Energy efficiency through high performance envelope Energyefficiencythroughhighperformanceenvelope Promotionofgridsourcedrenewablesourceelectricity Useofsustainableconstructionmaterials,andstringentconstruction activitypollutionpreventionmeasuresduringconstructiontominimize impacttothecommunity Buildingcanactasanactivelyengagingeducationaltool
PARCEL42
7th Street & Rhode Island Avenue NW Street&RhodeIslandAvenue,NW
EconomicDevelopment(60 75Jobs;>80%LongTerm)
InternshipsForStudentsFromHospitalityHighToCreateaLongTerm Internships For Students From Hospitality High To Create a Long Term CareerPath Taxes:sales,hotel,property,franchise,employment,parking