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8/22/2019 DTN Park District presentation
1/19
DTN Management Co.Park District Concept
June 25th, 2013
www.dtnmgt.com1
DTN Management Co.doing what we do bestProperty Management // Development & Construction // Commercial Properties
8/22/2019 DTN Park District presentation
2/19
Development Team
www.dtnmgt.com2
DTN Management Co.doing what we do bestProperty Management // Development & Construction // Commercial Properties
DTN Principles / OwnersNick Uppal (President) 42 Yrs
Tom Kuschinski (President) 42 yrs
Colin Cronin (Vice President) 12 yrs
Raji Uppal (Vice President) 13 yrs
Engineering, Design, Architects
Bergmann Associates33 yr old national company / 330 employees
Offices in 10 cities across the U.S.
Humphreys & Partners20 yr old international company / 125 employees
Offices in 7 U.S. cities and 3 foreign countries
Community Visioning & CharrettesLSL Planning, Inc
17 yr old company national company
Specializes in urban planning, community visioning,master plans, community input, charrettes, etc.
8/22/2019 DTN Park District presentation
3/19
DTN Management Co.
Background
Founded over 42 years ago by brothers-in-lawTom Kuschinski and Nick Uppal
DTN owns over 4500 apartment with another 2000 under
management (40% conventional / 60% student)
Over 150 full time staff, and 200-300 part time
Four Business GroupsProperty Management
Development & Construction
Commercial Property Management
Spartan Net (Internet & Video)
www.dtnmgt.com3
DTN Management Co.doing what we do bestProperty Management // Development & Construction // Commercial Properties
8/22/2019 DTN Park District presentation
4/19
DTN Management Co.
Development & ConstructionRecent / Current DTN Development Projects
Aspen Lakes, Holt
$76 million Mixed-use project
$50 million completed to date
$10.7 million Aspen Ridge phase
Hamptons & Waterbury Place, Okemos
$13.25 million Mixed-use project
The Quarry, Dewitt$24 million project
The Vista at Eastwood, Lansing Township
$16 million Mixed-use project
www.dtnmgt.com4
DTN Management Co.doing what we do bestProperty Management // Development & Construction // Commercial Properties
The Vista at Eastwood, Lansing Township
8/22/2019 DTN Park District presentation
5/19
DTN Management Co.
CommercialOver 600,000 sqft of commercial, retail, and professionaloffice space under management.
In house sales, support and maintenance staff dedicated tothe commercial properties
Utilizes DTN Construction for commercial build-outs andmajor projects
DTN owned and operated internet and video service provider
Gigabit Ethernet & premium video services
Over 150 fiber miles of Metro Ethernet Fiber around greaterLansing
Have been operating a Gigabit service for nearly a decade
Working with LEAP and Prima Civitas to promote Gigabitservices around Greater Lansing and to attract business andnew tech companies to the region.
www.dtnmgt.com5
DTN Management Co.doing what we do bestProperty Management // Development & Construction // Commercial Properties
Waterbury Office Space, Okemos (DTN)
DTN Management Co. Spartan Net
8/22/2019 DTN Park District presentation
6/19
Original RFQP - Concept Overview
www.dtnmgt.com6
DTN Management Co.doing what we do bestProperty Management // Development & Construction // Commercial Properties
Includes both Public & Private
parcels for a comprehensive ParkDistrict development.
Conceptual site plan & financial model:
Residential: approx 450 units
Commercial: approx 50,000 ft2
Parking: approx 800 spaces
Skywalk
Farmers / Artists Market
8/22/2019 DTN Park District presentation
7/19
Original RFQP - Concept Overview
www.dtnmgt.com7
DTN Management Co.doing what we do bestProperty Management // Development & Construction // Commercial Properties
8/22/2019 DTN Park District presentation
8/19
LSL Planning
Community Planning Specialists
Public Involvement
Urban Design
Transportation
Zoning/Form-Based Codes Select major developer projects
Others as needed (architects, urbandesigners, parking experts)
Michigan
Nationwide
CATA Grand RiverCorridor
Design Lansing &Form-Based Code
Brad Strader, Sherrin Hood, Kathleen Duffy
8/22/2019 DTN Park District presentation
9/19
Public Involvement + Charrette Experience
Public involvement on over 100 projects
Ann Arbor transportation plan
Birmingham mixed-use districts, Woodward Corridor
East Grand Rapids downtown Grand Rapids Michigan Street Corridor Plan
Midland downtown mixed-use district
Pavilions of Troy redevelopment plan
Farmington Downtown farmers market
8/22/2019 DTN Park District presentation
10/19
Charrette Process Step 1: Preparation/Analysis
Step 2: Set Goals
Step 3: Developers Pro-Forma
Step 4: Charrette
Public visioning session
Interviews with residents andstakeholders
Concept alternatives
Pin up discussion
Step 5: Refinement and Present
Concept Plan
Potential Goals:
Based on market reality, flexible,adaptable in the future
Catalyst for downtown revitalization Create amenities: recreational, publicgathering, entertainment, shopping
Non-motorized connections/improvepark access
Transition to existing residentialneighborhoods
Improve front door image on Grand
River Ave. Simplify circulation Ample Parking Seek synergies with other
redevelopment efforts, employmentopportunities, University
Urban Grocery Farmers Market Pavilion
8/22/2019 DTN Park District presentation
11/19
8/22/2019 DTN Park District presentation
12/19
8/22/2019 DTN Park District presentation
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8/22/2019 DTN Park District presentation
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Neighbors to the north
Landscape /Uses/Activity along Diamond
Integration of UsesRetail with Residential above
Roof Gardens andTerraces
Break down massing / scale
Create comfortable spaces to live
Pedestrian Friendly
On-street parking
Green Edges
Along Michigan and Diamond
Public Transit
8/22/2019 DTN Park District presentation
15/19
FinancialFinancial Partners
Wells Fargo
Arbor Commercial Mortgage
Key Bank
PNC Bank
5th / 3rd Bank
Submitted Letters of Intent for financial servicesin our Park District Proposal
Successful Park District development iscontingent on an economically viabledevelopment agreement, to secure privatefinancing, TIF revenue, other incentives
www.dtnmgt.com15
DTN Management Co.doing what we do bestProperty Management // Development & Construction // Commercial Properties
8/22/2019 DTN Park District presentation
16/19
Public Financial IncentivesUse and Timing of Incentives
Incentives would be sought for immediate use
Demolition / Site Work / Utilities / Relocatingpublic roads and sidewalks
Remediation of environmental contaminationConstruction and operation of parking structure
Reasons for Requesting IncentivesImprovements benefit both this project and futureprojects around the Park District
Public infrastructure improvements
Preexisting public and private land environmentalcontamination
www.dtnmgt.com16
DTN Management Co.doing what we do bestProperty Management // Development & Construction // Commercial Properties
Westland, MI, Central City Site (LSL Planning)
http://www.lslplanning.com/services/visualization/CentralCity.htmlhttp://www.lslplanning.com/services/visualization/CentralCity.html8/22/2019 DTN Park District presentation
17/19
Public Financial IncentivesDuration of Incentives
Contemplating both TIF and other incentivesfrom the State of Michigan
State incentives would be available uponproject completion
TIF revenue would be necessary for as long asit takes to pay back the money to fund theimprovements
The amount of the incentives would beconsistent with the MEDC objectives ofassisting urban infill redevelopment
www.dtnmgt.com17
DTN Management Co.doing what we do bestProperty Management // Development & Construction // Commercial Properties
Lehigh Valley Mall (Bergmann)
8/22/2019 DTN Park District presentation
18/19
Question 6Proposal Overview, Community Input, New Businesses, Expand Green Space
www.dtnmgt.com18
DTN Management Co.doing what we do bestProperty Management // Development & Construction // Commercial Properties
DTN brings the private & public parcels to thedevelopment table for a comprehensive Park Districtproject
Bergmann & Humphreys are two of the best nationalarchitectural, engineering and design firms
LSL Planning is a leader in urban planning, visioning,and working with communities through charrettes
Ability to finance large projects with national financialpartners in Wells Fargo, Key Bank, and Arbor Financial
DTN has 42 yrs of superior local commercial andresidential operational experience
8/22/2019 DTN Park District presentation
19/19
East LansingPark District
www.dtnmgt.com19
DTN Management Co.doing what we do bestProperty Management // Development & Construction // Commercial Properties