Professional Documents
Culture Documents
22 January 2016
Qualification Statement:
The Ocean Front Hotel Business Development Opportunity
Table of Contents
I. Transmittal Letter ................................................................................................................... 2
II. Project Concept & Vision .................................................................................................... 3
III. Development Team ............................................................................................................ 6
A. The Peebles Corporation Lead Developer ................................................................. 6
B. The Peebles Corporation - Key Personnel ...................................................................... 7
C. Starwood Hotels & Resorts Hotel Operator ................................................................10
D. Starwood Hotels & Resorts - Key Personnel...................................................................10
E. Handel Architects Planning and Design .....................................................................11
F. Handel Architects Key Personnel ................................................................................12
H. Project Capitalization .....................................................................................................13
IV. Comparable Hotel Development Experience ............................................................... 15
A. The Peebles Corporation Completed Comparable Projects .....................................15
B. The Peebles Corporation Current Comparable Hotel Projects ...................................17
V. References ......................................................................................................................... 19
A. Hotel, Restaurants & Amenities .....................................................................................19
B. Financial Relationships (Peebles Only) ..........................................................................20
C. Public Sector, Government and Community (Peebles Only).....................................20
APPENDIX
I: TRANSMITTAL LETTER
Qualification Statement:
The Ocean Front Hotel Business Development Opportunity
I. TRANSMITTAL LETTER
R. Donahue Peebles
Chairman & CEO
The Peebles Corporation
745 Fifth Avenue, Suite 1610
New York, NY 10151
Anne Stedler
Economic Development Manager
City of Pacifica
170 Santa Maria Avenue
Pacifica, CA 94044
Subject: Qualification Statement for the Ocean Front Hotel Development Opportunity
Located at 2212 Beach Boulevard, Pacifica, California
Dear Ms. Stedler,
On behalf of TPC Pacifica Development, LLC, an affiliate of The Peebles Corporation
(Peebles, TPC or the Developer), in collaboration with key participants in our
proposal (together with Peebles described herein as the Development Team or
Team) I am proud and excited to submit the enclosed response to the Ocean Front
Hotel Development Opportunity (the RFQ) issued by the City of Pacifica located at
2212 Beach Boulevard (the Project or Site).
As Chairman & CEO of The Peebles Corporation, I am solely authorized to enter into
binding agreements and/or execute documents on behalf of the above referenced
entity. Kindly review the enclosed RFQ carefully and do not hesitate to reach out with
any questions. The best contacts for correspondence in regards to our RFQ response are
Greg Cola or Amelia Patt. Please find their contact information below:
Gregory P. Cola
Director of Acquisitions & Investments
gpcola@peeblescorp.com
(212) 355-1655
Amelia E. Patt
Associate Director
apatt@peeblescorp.com
(212) 355-1655
I would like to express my gratitude for your time and consideration. It would be a
privilege to once again work with the City of Pacifica and create a transformational hotel
at the oceanfront Site.
Sincerely,
R. Donahue Peebles
Qualification Statement:
The Ocean Front Hotel Business Development Opportunity
Qualification Statement:
The Ocean Front Hotel Business Development Opportunity
integrating hotel guests with community members. We would like explore possible hotel
rooms atop the restaurant as upper floors would afford better views of the shoreline.
The Peebles Corporation, its current and prior hotel operators and Starwood Hotels &
Resorts have worked with internationally recognized, award winning and local chefs to
create unique dining experiences in the cities they operate. Starwood has a significant
amount of experience developing internal restaurant and bar concepts, and has an
extensive network of signature partnerships with worldrenowned chefs, multiconcept
restaurateurs and innovative bar operators. Starwood has supported the selection and
implementation of over 50 unique thirdparty restaurant and bar concepts within their
new hotel openings in the U.S. This includes multiple partnerships with Michael Minas
Bourbon Steak at the Westin St. Francis, The Gerber Group, Mister Chow at W South
Beach, The Bazaar by Jos Andrs at SLS Hotel at Beverly Hills, and The Chandelier Room
at W Hoboken. Additionally, Starwood has created strong internal concepts such as
Relish (The Phoenician), Rumba (Le Mridien Philadelphia), Prime (Le Mridien Kuala
Lumpur), Bamboo Chic (Le Mridien Bangkok) and Favola (Le Mridien Pune) just to
name a few.
Starwood also owns Culinary Concepts Hospitality Group (CCHG), a unit founded by
master chef JeanGeorges Vongerichten, which exclusively owns five culinary brands:
Spice Market, J&G Steakhouse, Cook Hall, Market and J&G Grill. While CCHG is owned
and is exclusive to Starwood, it operates with a dedicated staff out of an office in
downtown Manhattan. CCHG also has the ability to concept and brand restaurants on
a oneoff basis, as they have successfully done at St. Regis Bahia Beach and St. Regis
Princeville.
The Development Team continues to evaluate the opportunity and looks forward to
discussing our concept with the City of Pacifica. Please see Appendix B for more
information regarding our hotel concept and programming.
Planning & Design:
Guided by Handel Architects, our vision for the project is to engage the architectural
forms and design of the buildings into the characteristics of a coastal beach town
experience. As one begins their journey along Palmetto Avenues Main Street they will
be drawn through a strong view corridor leading them visually towards the Pacific Ocean
where they will experience an architecture style composed of clean modern lines where
the materials and forms are inspired by the rugged and serene aspect of the Northern
Californias coastline.
The Sites organization, incorporating a new mid-site pedestrian and view corridor would
strengthen both the Site and towns main street connection to the ocean. Enhancing
pedestrian and view access along Montecito Avenue would further join the coast with
the main street. The hotel and restaurant with balconies and decks would front the
Oceanside. Through a narrow mid-block private lane, vehicular access to the hotel, with
4
Qualification Statement:
The Ocean Front Hotel Business Development Opportunity
underground parking, would allow the Beach Boulevard to remain unencumbered for a
strong ocean connection. Differential massing in-keeping with the Planning
Departments height and bulk recommendation would tie the development with the
neighborhoods fabric.
Landscape and architecture would be inspired by the surrounding natural environment
with references to driftwood, rocky outcrops and earth tone colors. The hotel and
restaurant would also feature large openings looking over ocean front, in conjunction
with durable light colored matt finish aluminum panels and architectural concrete base
elements. The design would create a distinct contemporary landmark engaging with,
and reinforcing the coastal town identity.
Please see Appendix A for RFQ page 15 Attachment A Questions and Responses and
Appendix D for selected Site images.
Qualification Statement:
The Ocean Front Hotel Business Development Opportunity
Qualification Statement:
The Ocean Front Hotel Business Development Opportunity
the corner of Massachusetts Avenue and Boylston Street, as well as, perform the duties
of Construction Manager / Project Manager of The Hynes Convention Center Green Line
Station in Bostons Back Bay neighborhood. Mr. Peebles targeted Boston as a strategic
market not only because of the Citys strong real estate market fundamentals driven by
a thriving economy, but also because of its diverse population that should be reflected
in new business opportunities throughout the City of Boston.
Mr. Peebles has built a national track record based of sustained excellence in executing
community focused development projects. Over the course of his career, Mr. Peebles
has partnered with public agencies and municipalities across the US to improve the built
environment and provide opportunities for minorities. In additional to his role as CEO, Mr.
Peebles is an avid supporter of mentoring youth to expose younger generations to the
value of entrepreneurship.
As a 100% owned minority firm, TPC is equally committed to affording business
opportunities to minority- and women-owned businesses and individuals (M/WBEs)
throughout the development, financing, design, construction and operation of the
Project. For more than 30 years, TPC has lead the cause of M/WBE advancement by
creating opportunities for minorities in each phase of the development process. Herein,
TPC demonstrates its commitment to M/WBE participation through its portfolio of
completed projects, as well as, pipeline of current developments.
The firms project history demonstrates the financial and technical capacity to execute
large-scale projects with a high degree of complexity. Although our firm has experienced
significant growth since inception, we are guided by our CEO & Chairmans founding
principal to develop projects that are transformative.
Qualification Statement:
The Ocean Front Hotel Business Development Opportunity
Qualification Statement:
The Ocean Front Hotel Business Development Opportunity
Mr. Cola earned an MS in Real Estate Finance & Investment from New York University and
a BA in Business Administration in Accounting from Hofstra University. He is currently an
Adjunct Assistant Professor at New York University teaching graduate-level finance
courses and is a member of the Urban Land Institute.
Amelia E. Patt Associate Director, Acquisitions and Investments
Amelia Patt has robust investment and analytical experience along with an architecture
and design background. Her primary responsibilities include sourcing, underwriting and
closing new development deals for The Peebles Corporation. In addition to her role on
new investments, Ms. Patt oversees the schematic design and entitlement process for
Peebles 400,000 square foot ground-up development project in Bostons Back Bay
neighborhood. Additionally, she coordinates the day-to-day communication with
MassDOT and MBTA for the Parcel 13 Hynes Station project.
Prior to joining Peebles, Ms. Patt was a Senior Analyst in Acquisitions for Clarion Partners,
LLC, during which time she analyzed and valued prospective multifamily, retail, office
and industrial investments throughout the Mid-Atlantic and Southeast. During her tenure
Ms. Patt was critically involved in the acquisition and financing of approximately $395
million of real estate assets. Ms. Patt began her career at Jones Lang LaSalle in the New
York City-based Capital Markets Group, primarily working on debt and equity originations
for institutional clients.
Ms. Patt studied Architecture at Columbias Graduate school of Architecture Planning
and Preservation. She holds a Masters in Real Estate Development from Columbia
University and a BA from University of Michigan. Ms. Patt stays involved in academia as
an adjunct faculty member at Columbia University and as a mentor for current MSRED
candidates at the school.
Chris Leng Smith Managing Director of Development
Chris Leng Smith is responsible for the overall execution and day-to-day management of
The Peebles Corporations developments in the Northeastern and mid-Atlantic United
States. Prior to joining the company, Mr. Leng Smith was Senior Vice President with the
New York City Economic Development Corporation (NYCEDC) where he led the
structuring and negotiation of public-private partnerships and transactions for more than
2.5 million square feet of developments including Flushing Commons, the Battery
Maritime Building, and Coney Island, to name a few.
Before NYCEDC, Mr. Leng Smith managed the financial analysis, project planning, market
positioning, design, and preliminary leasing of more than $5 billion of world-class domestic
and international real estate projects as Senior Director of Tishman Speyer and Vice
President of AIG Global Real Estate Investment Corp. Mr. Leng Smith began his career as
Qualification Statement:
The Ocean Front Hotel Business Development Opportunity
Qualification Statement:
The Ocean Front Hotel Business Development Opportunity
expertise, better integration with Starwood systems and resources, and cost efficiencies
to ensure both a great guest experience and overall hotel profitability.
Each hotel has its dedicated management team which is supported through a regional
team that guides brand standards, operating best practices, revenue management
guidelines and sales and marketing functions, as directed from the Regional Leader and
Senior Leadership Team. All of these teams are experienced and aligned to help create
the most iconic and effective hotel possible. These teams cultivate innovative talent who
are personally engaged from a lifestyle standpoint to the intimate, bespoke and inviting
environment of the brand. Starwood respects collaboration through expansive, diverse
perspectives from all team members.
Carla Murray SVP, Operations West Region North America
Ms. Carla Murray is responsible for managing over 100 properties in Alaska, Washington,
Oregon, California, Arizona, Colorado, New Mexico, Utah, Nevada and Texas across all
Starwood brands. Carla was promoted into this position following a series of General
Manager positions she held at The St. Regis Aspen, The Westin Seattle, and the Sheraton
Seattle Hotel & Towers, from the years 1998-2002.
Ms. Murray is supported by Jon Kimball, Area Managing Director of Operations, Doug
Collins, Regional VP Sales & Marketing, Natalie Lo, Regional Director Finance, Sarah
Cannon-Foster, Regional Director Human Resources and John Savage, Regional
Director, Revenue Management.
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Qualification Statement:
The Ocean Front Hotel Business Development Opportunity
12
Qualification Statement:
The Ocean Front Hotel Business Development Opportunity
H. PROJECT CAPITALIZATION
In its more than 30 year history, TPC has financed, constructed and completed every
project on which it has begun development. TPC does not default on its financial
obligations, and therefore enjoys consistently strong credit ratings.
It is anticipated that the Project will be funded with a mixture of debt and equity. Given
its reputation and success, TPC is consistently able to attract to its projects the world's
leading investors as capital partners. Recently, these have included Goldman Sachs,
Deutsche Bank, Bank of America, DLJ, Jeffries, Apollo and Ares.
13
Qualification Statement:
The Ocean Front Hotel Business Development Opportunity
During the RFP phase for the ocean front hotel development of 2212 Beach Boulevard,
The Peebles Corporation intends to provide all required Letters of Interest for debt and
equity. Most recently, Peebles met the financial capacity requirements established by
MassDOT/MBTA for the Parcel 13 Hynes Station project in Boston, MA and requirements
established by The New York City Economic Development Corporation (NYCEDC) for 108
Leonard in New York, NY which have total development budgets of $350 million and $500
million, respectively. We are confident that we will meet the requirements to be
established by the City of Pacifica.
14
Qualification Statement:
The Ocean Front Hotel Business Development Opportunity
Project Objectives
This 135,000-SF hotel is located in Washington D.C.s East End submarket, which has
gained significant momentum in recent years as the center of gravity has shifted east of
the White House. This investment represents Peebles acumen in preempting market
15
Qualification Statement:
The Ocean Front Hotel Business Development Opportunity
movements. While at the time of acquisition 9th & F Streets was on the fringe, today the
Property enjoys a prime location across the street from the National Portrait Gallery.
One of the first savings banks in Washington D.C., the building dates back to 1890 and is
on the National Register of Historic Places. Peebles designed and executed the
complicated historic renovation of the structure, which has allowed the building to retain
its original charm.
Approach
TPC bought 900 F Street in Washington, D.C., a former bank on the registry of historic
places, from the Redevelopment Land Corporation. During the course of design and
construction TPC coordinated closely with elected officials and numerous District
agencies including the Historic Preservation and Renewal Board.
Key Features
Historic Restoration:
Adaptive reuse of a historic structure
Results
Top Performing Asset. The conversion into the 188-key Courtyard by Marriott Hotel and
Convention Center has resulted in the hotel being ranked #1 in performance for two
consecutive years among Courtyard Hotels worldwide.
The Royal Palm Resort, 1545 Collins Avenue, Miami Beach, FL
Luxury Lifestyle Hotel
Construction Value. $85,000,000
Project Size. 393-Keys
Year Completed. 2002
Year Sold. 2005
16
Qualification Statement:
The Ocean Front Hotel Business Development Opportunity
Project Objectives
In the mid- 1990s, there was a black tourism boycott of Greater Miami. In an effort to
encourage tourism and right past wrongs, the City of Miami Beach created an incentive
program for African American developers, including- setting aside the Royal Palm hotel
for teams with significant minority stakeholders. After a competitive RFP process, the
Peebles team was awarded the project.
Directly overlooking the Atlantic Ocean along the world famous Collins Avenue in the
heart of South Beach, the Royal Palm was designed by world-renowned Arquitectonica.
The design combined two restored Art Deco Hotels and created a balanced
atmosphere of an intimate boutique hotel while being the Beachs largest hotel.
Approach
TPC was awarded the project through careful consideration of community stakeholders
needs and the strategic pursuit of the adjoining parcel. Peebles was under contract to
purchase the adjacent parcel at the time of the bidthe ability to create a larger hotel
gave the team a competitive advantage, both in terms of achieving the Citys policy
objectives and a higher land value.
Key Features
Historic Restoration:
Adaptive reuse of a historic structure
Value Maximization. At the time of sale, it was the highest price paid for a hotels on Miami
Beach at $127,500,000.
17
Qualification Statement:
The Ocean Front Hotel Business Development Opportunity
18
V: REFERENCES
Qualification Statement:
The Ocean Front Hotel Business Development Opportunity
V. REFERENCES
A. HOTEL, RESTAURANTS & AMENITIES
Company
Name
Hotel
Project
Individual
Name
Title
Telephone
Royal
Palm,
Miami
Robert
Chitty
SVP
(770) 604-5321
Corporate
Finance
Bob.chitty@ihg.
com
The
Donohoe Courtyard
Companies
Marriott,
DC
Christopher
Bruch
President
& COO
(202) 625-8402
chrisb@donoho
e.com
Hospitality
Partners
Courtyard
Marriott,
DC
Michael
Dickens
President
(301) 718-6161
Mike.dickens@h
ospart.com
Royal
Palm,
Miami
Rick Adams
EVP
COO
radams@cltreit.
com
Michael
Mahoney
CEO
(310) 234-2888
mmahoney@triy
ar.com
Managing
Partner
(610) 688-2996
webster@sbfund
.com
Peebles
InterContinental
Hotel Group
Starwood
Chesapeake
Lodging Trust
Stockbridge
SLS
Las Dan
Capital Group, Vegas
Webster
LLC
Hotel
&
Casino
19
Qualification Statement:
The Ocean Front Hotel Business Development Opportunity
Individual
Name
Title
Telephone
Goldman
Sachs
Beth
Gordon
Vice
President
(212) 357-4356
Elizabeth.gordon@gs.com
MacFarlane
Partners
Victor
MacFarlane
Chairman
& CEO
(415) 356-2500
vmacfarlane@macfarlanep
artners.com
Capri
Capital
Quintin
Primo
Chairman
& CEO
(312) 546-5725
qprimo@capri.global
Individual
Name
Title
Telephone
NYCEDC
Jeffery
Nelson
Vice
President
(212) 986-1800
jefferynelson@nycedc.com
D.C.
DGS Charleen
Portfolio
Ward
Division
Realty
Program
Specialist
(202) 724-4148
Charleen.ward@dc.gov
Not available.
DMPED
William Lee
Project
Manager
Will.lee@dc.gov
MassDOT
William
Tuttle
Director
Projects
(202) 765-9869
of (617) 222-5472
William.tuttle.@dot.state.ma
.us
20
Charlotte DeHaven
Vice President of Development
cc:
Boston
San Francisco
Miami
Miami Beach
peeblescorp.com
ABOUT
The Peebles Corporation is a privately held national real estate
investment and development company specializing in residential,
hospitality, retail, and mixed-use commercial properties. Founded
in 1983 by R. Donahue Peebles, the company has become an
industry leader with a portfolio of completed and current
developments totaling more than 6 million square feet and more
than $5 billion in key markets including New York, Philadelphia,
Washington D.C., San Francisco, Boston, Miami and Miami Beach.
The Peebles Corporation strategically selects its projects with
excellence and community commitment in mind. High-quality
development, elegant materials, meticulous engineering, along
with careful construction and craftsmanship are united with
premier locations, attention to neighborhood context,
environmental best-practices, historic preservation and innovative
design for transformative results.
peeblescorp.com
R. DONAHUE PEEBLES
Chairman & CEO
peeblescorp.com
SELECT AWARDS
The Beacon Award
peeblescorp.com
R. DONAHUE PEEBLES
Chairman & CEO
peeblescorp.com
peeblescorp.com
This was an early example of how the company successfully influenced multiple
stakeholders with conflicting agendas for redevelopment. "Opportunities come to
everyone," according to Don Peebles, "but the winner is the one prepared to take
advantage of them when they arrive." The Peebles Corporation has since sold its
interest in the project.
peeblescorp.com
peeblescorp.com
This 200,000-square-foot building combines office and retail space with a muchneeded six-level public parking garage. The Peebles Corporation focused on the market
nuances, which in turn attracted strong, committed office tenants.
peeblescorp.com
peeblescorp.com
peeblescorp.com
peeblescorp.com
Boston
San Francisco
Miami
Miami Beach
peeblescorp.com
R.DONAHUEPEEBLES
CHAIRMANANDCHIEFEXECUTIVEOFFICER
ASSOCIATIONS
CongressionalBlackCaucusFoundation,ChairmanoftheBoardofDirectors
YMCAofGreaterNewYork,MemberoftheBoardofDirectors
MiamiDadeCountyMayorGimenezsBusinessRoundtable,Member
PhiBetaSigmaFraternity,Inc.,HonoraryMember
NationalFinanceCommitteeofPresidentBarackObama,TwotimeFormerMember
GreaterMiamiConventionandVisitorsBureau,FormerChairman
REFERENCES
TheRoyalPalm,MiamiBeach
JorgeGonzalez
CityManagerofMiamiBeach
1700ConventionCenterDrive
MiamiBeach,Florida33139
(305)6737010
jorgegonzalez@miamibeachfl.gov
2100MartinLutherKing,Jr.Avenue,Washington,D.C.
J.ForestHayes
AssociateDirector|Portfolio
DCDepartmentofGeneralServices
(202)7244109
Forest.hayes@dc.gov
CharleenWard,RealtyProgramSpecialist
DGSPortfolioDivision
200014thStreet,NWEighthFloor
Washington,DC20009
(202)7244148
charleen.ward@dc.gov
SUMMARY
Recognizedasoneofthemostsuccessfulentrepreneursinthenation,R.DonahuePeeblesisFounder,Chairman
andCEOofThePeeblesCorporation,oneofthecountrysfewnationalprivatelyheldrealestateinvestmentand
developmentcompanieswithamultibilliondollarportfolioofprojectsinNewYork,WashingtonD.C.,Philadelphia,
Boston,MiamiandMiamiBeach.
InadditiontohisroleasCEOofThePeeblesCorporation,Mr.Peeblesisatopsellingauthor(ThePeeblesPrinciples
and The Peebles Path to Real Estate Wealth), a regularguest on CNN,CNBC and FOX, anda highlysoughtafter
speakerwhohasaddressededucational,businessandprofessionalaudiencesacrosstheUnitedStates.
Mr.Peeblesisanavidsupporterofmentoringtoexposeyouthtothevalueofentrepreneurship,aswellasanactive
politicalsupporterandfundraiserforlocal,stateandfederalcampaignsofbothmajorparties.
SELECTAWARDS
"DeveloperoftheYear"bytheWomenBuildersCouncilofGreaterNewYork
TheBusinessTrailblazersandTitansofBlackAmerica:40mostpowerfulAfricanAmericansinbusinessby
BlackEnterprise
EntrepreneuroftheYearattheBestofBlackBusinessAwards
EntrepreneuroftheYearfromtheSouthFloridaBusinessJournal
EntrepreneuroftheYearbytheMiamiDadeChamberofCommerce
NationalExecutiveServiceCorpsAwardforOutstandingServicetotheNonProfitCommunity
HonoredbyMiamiDadeCareerSpecialistAssociationforDedicationtoCareerEnhancement
ReginaldF.LewisAwardforEntrepreneurship
EntrepreneuroftheYearpresentedbyRev.JesseJacksonatthe11thannualWallStreetProjectEconomic
Summit
InductedintotheMartinLutherKingInternationalBoardofRenaissanceLeadersHallofFameatMorehouse
College
DEVELOPMENTS
ThePeeblesCorporationisknownforitstransformativeresidential,commercialandmixedusedevelopmentsin
majorAmericangatewaycities.
Selectsignaturedevelopmentsinclude2100MartinLutherKing,Jr.inWashington,D.C.,whichhasbeencredited
withcontributingtothearea'seconomicrevitalization;theCourtyardbyMarriottHotelandConventionCenterin
D.C.,atopperformeramongCourtyardHotels;TheRoyalPalmHotel,oneofthefirstnationallybrandedhotelson
SouthBeach;andluxurycondominium,TheResidencesatTheBathClub,inconjunctionwithhisrestorationofthe
historicBathClub,theoldestsocialclubinthesoutheastUnitedStates.
In2013,Peeblesacquired346Broadwayfor$160millioninwhatwasthelargestsinglebuildingsaleinNewYork
City government history. Development plans for the Renaissance Revival landmark and former New York Life
InsuranceBuildingincludeluxurycondominiums.
In2014,PeebleswasselectedtoredevelopFifthandEye,aparcelinWashington,D.C.'sburgeoningMountVernon
Triangleneighborhood,intoanearly250,000squarefootprojecttoincludeaboutiquehotel,brandedresidences
and more. As part of Peebles' transformative plan, the company will develop workforce housing in an under
developedareeastoftheAnacostiaRiver,aswellastwoparksintofamilyfriendlyrecreationareas.
In2015,theMassachusettsBayTransportationAuthorityandMassachusettsDepartmentofTransportationchose
PeeblesforthedevelopmentofacriticalintersectioninBoston'shistoricBackBayneighborhood.Plansforthe
proposed$330million,390,000squarefootprojectPeebles'firstinBostonincludeahotel,condominiums,
rentalapartments,retail,andaHynesMBTAstation.
In addition, Peebles is currently developing 1801 Vine Street, the historic neoclassical former courthouse on
Philadelphia'sLoganCircle into a hotel, which will be the first major hotel in Center City tobe developedby a
minorityowned firm. Miami and Miami Beach projects include a 900,000squarefoot mixeduse project in
Downtown Miami and The Bath Club Estates, a superluxury condo development consisting of just 13 custom
residencesontheAtlanticOcean.
PORTFOLIO:SIGNATUREPROJECTS
2100MARTINLUTHERKING,JR.AVENUE,S.E.WASHINGTON,D.C.
This office building was ThePeebles Corporations first commercial real estatedevelopment, as well as its first
public/privateventure.Thedesignofthis100,000squarefootprojectinvolvedthepreservationofasmallhistoric
ArtDecostructureandtheintroductionofnewconstruction.Developedinaneconomicallydistressedsectionof
the city, the finished building has been credited with contributing to the area's economic revitalization. The
propertywasfeaturedonthe"ParadeofMayors"tourasanexampleofexcellenceinurbanrenewal.Today,itis
leasedprimarilytothegovernmentoftheDistrictofColumbia.
COURTYARDBYMARRIOTTWASHINGTON,D.C.
Builtin1891andlistedontheNationalRegisterofHistoricPlaces,thisprojectshowcasesthecompany'sabilityto
reconcileseeminglyconflictingdevelopmentneeds.TheextensiverenovationoftheformerWashingtonLoan&
Trustbuildingincludedrestorationoforiginalmarblefloors,theornategoldleafceiling,andthelobby'sCorinthian
columns.Theconversionintothe188keyCourtyardbyMarriottHotelandConventionCenterhasresultedinthe
Center being ranked #1 in performance for two consecutive years among Courtyard Hotels worldwide. The
135,000squarefootpropertyislocatedneartheSmithsonianMall,theVerizonCenterandPennsylvaniaAvenue.
10GSTREETN.E.WASHINGTON,D.C.
LocatedjustafewblocksfromtheU.S.CapitolandUnionStation,this280,000squarefootClassAofficebuilding
housesthe AmericanPsychologicalAssociation'sheadquarters,Amtrakofficesandotherprivatesectorandnon
profitorganizations.ThePeeblesCorporationhassincesolditsinterestintheproject.
250BRANNONSANFRANCISCO,CA
ThePeeblesCorporationpurchasedthe90,000squarefootpropertyandits175parkingspacesatasignificant
discount to its intrinsic value, and successfully rezoned it to accommodate a residential conversion that would
capitalizeonthelocationandpremiumforconvenientparking.Whilepreparingtoinitiatesales,theSOMAoffice
markettookafavorableturn,andThePeeblesCorporationprofitedfromanattractiveriskadjustedreturnthrough
thesaleofthepropertyonanasisbasis.Theoutcomewasinlinewiththecompanyscorestrategyofenhanced
valuecapturedbytheinitialinvestmentandsubsequentexpansionthroughredevelopment,repositioningand/or
zoningmodification.
THELINCOLNMIAMIBEACH,FL
ThismixeduseprojectwasoneofthefirstClassAofficebuildingsonSouthBeach,locatedwithinstepsofworld
famousLincolnRoad.WitnessingthegrowingappealofLincolnRoadtoanexpandingwaveofnationalretailers,
ThePeeblesCorporationundertookapublic/privatepartnershipwiththeCityofMiamiBeach.This200,000square
footbuildingcombinesofficeandretailspacewithamuchneededsixlevelpublicparkinggarage.
THERESIDENCESATTHEBATHCLUBMIAMIBEACH,FL
Representingthepinnacleofultraluxurycondominiumliving,thisprojectcombineshistoricpreservationwiththe
needsofmodernoceanfrontdevelopment.Havingledthemarketinpricepersquarefootatitssaleslaunch,The
ResidencesatTheBathClubsuccessfullyblendsameticulouslyrestored1928privateclubwithamodern107unit
condominiumtowerandsixMediterraneanstyleoceanfrontvillas.Servicesandamenitiesaremodeledafterthose
ofa5starresorthotel.Allresidencesincludeprivateorsemiprivateelevatorsandfloortoceiling"wallsofglass."
Eachofthesixlargevillasfeaturesaprivateinfinityedgepoolanddirectbeachaccess.Sincethelaunchofthe
project,thevalueoftheseresidenceshasincreaseddramatically.
THEROYALPALMHOTELMIAMIBEACH,FL
IdeallylocatedonCollinsAvenueintheheartofMiamiBeach'sArtDecoDistrict,TheRoyalPalmhasafabledhistory
broughtvividlytolifebyThePeeblesCorporation.TheRoyalPalmcombinedthearchitecturalassetsoftwoexisting
hotelstheoriginalRoyalPalmandtheShorecrestalongwithtwonew17storytowersandathreestoryrowof
lanai suites. The result wasa graceful integration of historic preservation andnewconstruction. Thehotel was
amongthefirstnationallybrandedhotelsonSouthBeach,andwasawarded"HoteloftheYear"withinitsfranchise.
Today,afterachangeofownership,thehotelisknownasTheJames.
PORTFOLIO:PROJECTSINDEVELOPMENT
108LEONARDSTREETNEWYORK,NY
In2013,ThePeeblesCorporationacquiredthesinglelargestbuildingeversoldbytheCityofNewYork,alate19th
century Tribeca landmark. This RenaissanceRevival palace in Lower Manhattan was completed in 1898, and
includedathirteenstoryadditionbythelegendaryarchitectarchitecturalfirmofMcKim,Mead&White,whose
designs for the first Madison Square Garden and Pennsylvania Station set the esthetic standard in turnofthe
centuryNewYork.In1987,theexteriorandmuchoftheinteriorspacesat108LeonardStreetweredesignatedas
New York City landmarks. Redevelopment plans for this 419,000squarefoot Tribeca landmark include luxury
condominiums.
1801VINESTREETPHILADELPHIA,PA
ThehistoricneoclassicalformercourthouseonPhiladelphia'sLoganCirclewillbecome,underguidanceofThe
PeeblesCorporation,thefirstmajorhotelinCenterCitytobedevelopedbyaminorityownedfirm.Thecompany
hasassembledaworldclassteamofcollaboratorstotransformthebuildingintoa247,000squarefoot,199room
luxuryhotel,with theexpected inclusionof a16,000squarefoot spaand fitness center,14,000 square feet of
meetingandeventspace,and5800squarefeetforarestaurantandbar.Thetransformationofthisgrandbuilding
isbasedonasensitiveapproachtothehistoricpreservationofthestructure'sinteriorsandexteriorfaade.Newly
repurposedspaceswillincludeaspectacularballroom,aworldclassdiningestablishment,arooftoplounge,and
someofthelargesthotelguestroomsinthecity.
5TH&ISTREETWASHINGTON,D.C.
InMay2014,ThePeeblesCorporationwasselectedtoredevelop9015thStreetNW,or5th&Iintoanearly
250,000squarefoot mixeduse project complementing and enhancing Washington, D.C.s dynamic and vibrant
MountVernonTriangleneighborhood.Theplan,a198keyStandardBoutiqueHotelwith59brandedresidences
andvariousworldclassamenitiesandentertainmentofferings,willbuildontheneighborhoodsvibrantculture
withitsuniquecombinationofluxuryandpurpose.Alivingroomlounge,restaurant,outdoorbeergarden,and
TheStandard'siconicrooftoploungewillinviteguests,residents,andneighborsaliketostayandplay,whilethe
propertys ideal location puts them in walking distance to The Verizon Center, Walter Washington Convention
Center,theCentralBusinessDistrict,andlessthanamileawayfromboththeWhiteHouseandUnionStation.In
addition,andaspartofitsplantorevitalizeandenhancetheneighborhood,ThePeeblesCorporationwilldevelop
workforcehousinginanunderdevelopedareaeastoftheAnacostiaRiver,aswellastwoparks,MilianParkand
SeatonPark,intofamilyfriendlyrecreationareas.
THEVIOLABACKBAYBOSTON,MA
InJanuary2015,ThePeeblesCorporationwasselectedtodevelopacriticalintersectioninBostonshistoricBack
Bayneighborhood.DubbedTheViolaBackBayinhomagetotheadjacentBerkleeCollegeofMusic,theproposed
390,000squarefootlandmarkdevelopmentwillbethecompanysfirstinBoston.Featuringa156keyboutique
lifestylehotel,88condominiums,85classAresidentialrentalapartments,and20,000squarefeetofretail,the
transformativeprojectaimstolinktheBackBayandFenwayneighborhoodsandreinvigoratetheNewberyStreet
corridorwithitsdistinctivedesignanddiversemixofuses,respectively.Inaddition,andaspartofthecompanys
ongoingcommitmenttodeliveringinnovativeresultsforthecommunitiesinwhichitbuilds,TheViolaBackBays
transitorienteddesignwillincludeanew,universallyaccessible,stateoftheartHynesMBTAStation.
DOWNTOWNMIAMIBLOCKS45AND55MIAMI,FL
Block45isamixeduse,transitfriendlydevelopmentconsistingof900,000grosssquarefeet,including350rental
apartments,a150roomhotel,officespaceandgroundlevelretail.Block55willconsistoftwo20storytowersof
approximately 500,000gross square feet each, plusparking, for atotalof nearly 1 million gross square feet of
development. Located in the historic Overtown section of Downtown Miami, this project puts residents, hotel
guestsandshoppersinthemidstofsomeofthecity'spremierarts,businessandentertainmentdistricts.Situated
herearetheAmericanAirlinesArena,theAdrienneArshtCenterforthePerformingArtsandthenewPerezArt
MuseumMiami.WithinatwomileradiusaretheBrickellFinancialDistrictandtheWynwoodArtsDistrict.
CHRISLENGSMITH
DEVELOPMENTDIRECTORNORTHEAST
EDUCATION
MBAFinance,InternationalBusiness,ColumbiaBusinessSchool
BA(Honors)Engineering,CambridgeUniversity
ASSOCIATIONS
UrbanLandInstitute,Member
REFERENCES
AtlanticStationmixeduse:
PeterSeeley
ManagingDirectorHeadofRealEstate
StarrInsuranceHoldingsInc.
6462276783
peter.seeley@starrcompanies.com
AtlanticStationSouthTrustofficebuilding:
JeffreyFreeman
AssociateDirector
Turner&TownsendFerzanRobbins
2128104866
jfreeman@TTFR.com
SUMMARY
ChrisLengSmithisresponsiblefortheoverallexecutionanddaytodaymanagementofThePeeblesCorporations
developmentsintheNortheasternandmidAtlanticUnitedStates.Priortojoiningthecompany,Mr.LengSmithwas
Senior Vice President with the New York City Economic Development Corporation (NYCEDC) where he led the
structuringandnegotiationofpublicprivatepartnershipsandtransactionsformorethan2.5millionsquarefeetof
developmentsincludingFlushingCommons,theBatteryMaritimeBuilding,andConeyIsland,tonameafew.
BeforeNYCEDC,Mr.LengSmithmanagedthefinancialanalysis,projectplanning,marketpositioning,design,and
preliminaryleasingofmorethan$5billionofworldclassdomesticandinternationalrealestateprojectsasSenior
DirectorofTishmanSpeyerandVicePresidentofAIGGlobalRealEstateInvestmentCorp.Mr.LengSmithbeganhis
careerasaresidentengineerandengineeringprojectmanageronlargescalerenovationandconstructionprojects
inNewYork,Trinidad,Malaysia,andLondon.
EXPERIENCE
NYCECONOMICDEVELOPMENTCORPORATION,NewYork,NY.AsSeniorVicePresident,LengSmithmanagedteam
responsiblefortheexecutionoflarge,mixeduse,publicprivatedevelopmentsonbehalfoftheCityofNewYork.
ResponsibilitiesincludedtakingprojectsthroughtheCityspoliticallysensitiveUniformLandUseReviewProcedure.
Projectsforwhichhenegotiatedthesaleof,agreementsforredevelopmentand/ordispositionoflandincluded
FlushingCommons,BatteryMaritimeBuilding,ConeyIsland,BrooklynArmyTerminal,BrooklynAcademyofMusic,
andBroadwayPlaza.
TISHMANSPEYER,NewYork,NY.AsSeniorDirector,LengSmithmanageddevelopmentprojectsinChinatotaling
morethan12millionsquarefeetofresidential,officeandmixeduseasavalueaddpartnerandbridgebetweenUS
functionalexpertsandthelocaldevelopmentteams.Hemanagedallaspectsofprojectsfromfinancialanalysisand
projectplanning to marketpositioning,design, and preliminary leasing. Healso modifieddevelopmentplans to
accommodate changing markets and enhanced returns by reducing development costs and increasing building
efficiencies.
AIG GLOBAL REAL ESTATE INVESTMENT CORPORATION, New York, NY. As Vice President, Leng Smith managed
renovation and development of worldclass domestic and international office, retail, residential and hotel
properties. He was responsible for analyzing potential markets, underwriting investments as well as hiring and
overseeingonsiteconstructionmanagers.Duringthistime,hemanagedthenegotiation,underwriting,structuring,
renovation,anddesignofnearly$1billionofpropertyinAsia,UK,EasternEurope,PuertoRico,Connecticutand
Vermont.
SAKS FIFTH AVENUE, New York, NY. As Director of Real Estate Administration, Leng Smith administered and
controlleda$50millioncapitalprogramfornewconstructionandrenovationof45stores.
COOPERS&LYBRAND,MANAGEMENTCONSULTINGSERVICES,NewYork,NY.AsSeniorConsultant,LengSmith
conducted financial analyses and evaluated real estate acquisition/ disposition plans, market economics, site
selection and transaction structuring. Clients included Massachusetts Turnpike Authority, U.S. Department of
Housing&UrbanDevelopment,ColumbiaUniversity,Olympia&York,ClevelandPublicLibraryandChemicalBank.
SELECTPROJECTEXPERIENCE
ATLANTICSTATIONLANDDEVELOPMENT,Atlanta,GA.JointProjectLeaderresponsibleforunderwritingplusdirect
oversight of financing, design, construction and land sales in association with local partner. Completed initial
underwritingthenmanagedprocurementofinfrastructurecontractortocompleteremediation,roadconstruction
and7,000spaceparkinggarage.Workedwithlegalteamtodeveloporganizationaldocuments.Financingstructure
includedTADbondsnegotiatedwithCity.Projecthandedovertolocalteamat95%completionofinfrastructure
plusconstructionofapprox.1,200residentialunitsbyothers.
ATLANTICSTATIONMIXEDUSE,Atlanta,GA.JointProjectLeaderresponsibleforunderwritingplusdirectoversight
offinancing,leasing,designandconstructioninassociationwithlocalpartner.Underwrotedevelopmentof800,000
sflifestyleretailcenterwithresidentialunitsandofficesabove.Manageddesignusingconceptualarchitectand
localproductionarchitect.Oversawretailleasingbybrokerageteam.Withlocalteammanagedconstructionontop
ofinfrastructureparking.Soldresidentialspacetoinvestorpriortostartofconstruction.
JIANGWANNEWTOWN,Shanghai,China.BridgeandvalueaddpartnerbetweenUSfunctionalexpertsandthelocal
developmentteam.Oversawdevelopmentof10millionsquarefoot,$3billionmasterplanandinitialconstruction
sequencingplan.
LONDONNEWHEADQUARTERS,London,England.Locatedsiteandnegotiatedpurchaseoflandleaseandnew125
yeargroundlease.Completedunderwritingandmanageddesignandconstructionofbasebuildingandtenantfit
out.Negotiatedallassociatedcontractsincludingthosewithdesignteamandcontractor.Completedbuildingon
timeandwithinbudget.
SANJUANMARRIOTTRENOVATION,SanJuan,PuertoRico.ProjectLeaderforrenovationofguestrooms,meeting
roomsandballroom,plusplumbingstacksofresorthotel.Tookoverprojectaftercompletionofdesign.Located
offisland contractor and negotiated AIA based construction contract. Contractor completed work on time and
withinbudgetdespiteworkbeingaddedafteropeningofmechanicalchases.CoordinatedpurchaseofnewFF&E
utilizingprocurementagent.
SOUTHTRUST OFFICE BUILDING, Atlanta, GA. Completed underwriting plus managed design and tenant lease
negotiations.Directedlocalteamoverseeingconstruction.Buildingwassold6monthsaftercompletionformore
thandoublethedevelopmentcost.
Starwood is a Pioneer in Lifestyle Branding. With a portfolio of over 1,250 hotels around the
world, spanning ten brands, Starwood is the leading lifestyle branding company in the industry
that continues to redefine the hotel space. Starwood boasts one of the strongest portfolios of
upper-upscale and luxury hotels and focuses on making emotional connections with its guests,
offering lifestyle-focused venues, signature experiences and leading-edge branded products that
drive unmatched consumer loyalty and industry-leading premiums. Starwood has preferred
relationships and expertise working with world renowned architects, designers and third party
operators of highly successful bars, restaurants, pool experiences.
Starwoods In-depth Market Knowledge Will Drive Results. With an impressive portfolio of
full-service upscale and luxury hotels in the Bay Area, Starwood has a deep understanding of the
market, offers vast experience in sales and marketing and has established long-standing
relationships with key demand generators. Starwoods portfolio in San Francisco performs well at
a RevPAR index of 104.3% at the end of Q3 2015, and Starwoods powerful booking systems are
key contributors to their success. Additionally, Starwood is underpenetrated in the number of
hotels in greater Bay Area relative to its peers and as such has plenty of room to grow, especially
in a destination such as Pacifica.
Starwood Preferred Guest (SPG) is the Industrys Leading Loyalty Program. SPG
produces innovative promotions and incentives that increase paid stays, generate PR, and drive
loyalty. SPG has been the industrys most honored loyalty program for over ten years, with over
20 million active members, and a 60% growth in active members since 2008.
Shared Focus on Creating a Winning Culture. Starwoods core belief that people want a
better way to experience the world extends not only to our guests and customers, but to our
global team of associates, too. Companies with winning cultures attract and retain the best talent
and are well-positioned to be industry leaders. Starwoods values, or what we call our
promises, of (1) Go the Extra Step by taking actions that build lasting connections and loyalty;
(2) Play as a Team by working globally and across all teams in the company; and (3) Do the
Right Thing by using good judgment, respecting our communities, associates, owners, partners
and the environment, are entirely aligned with Darts seven guiding principles.
Starwood has an outstanding track record of working with owners to develop successful hotels within
mixed-use projects and we are confident in our ability to do so in Pacifica. We recognize that this is a
unique opportunity to secure a new development opportunity in a high-barrier-to-entry market, and we are
excited to discuss our proposal with you in more detail. Please do not hesitate to contact us with any
questions.
Sincerely,
Charlotte DeHaven
Vice President of Development
cc:
Table of Contents
Starwood Overview ......................................................................................................... 1
Tribute Portfolio Brand Overview .................................................................................. 17
Aloft Brand Overview..................................................................................................... 26
Operational Expertise .................................................................................................... 30
References .................................................................................................................... 33
Programming................................................................................................................. 35
Starwood Overview
GLOBAL DISTRIBUTION
Starwood is poised for expansive growth with our ten distinct brands and their strong, global pipeline. Nearly
400 new properties are anticipated to enter the system by 2018, including more than 50 luxury properties.
612
260
303
96
1,271
3%
48%
49%
Starwood Web Channels (30%): Each hotel is represented with its own series of content-rich property
pages accessible from multiple web channels including Starwoodhotels.com and SPG.com. These
digital channels are offered in 17 languages, handled over 340 million visits in 2014, and each is
delivered in branded voice, look and feel. These industry-leading booking engines offer world-class
marketing, international language capabilities and exceptional online customer support. Starwood and
SPG also have an ongoing commitment to digital innovation to meet the needs of todays connected
global traveler. The SPG app offers travelers a convenient way to search and explore destinations as
well as fast and easy personalized booking.
Customer Contact Centers (CCC) (17%): Trained service agents handled nearly 21 million phone calls,
emails, texts and guest interactions in 26 languages from 12 call centers around the world in 2014.
Luxury specific calls/requests are handled by a dedicated luxury call center team.
Global Distribution System (GDS) (15%): Cutting-edge technology ensures that properties receive
maximum exposure on the Global Distribution Systems used by travel agents around the world. GDS
enables travel professionals around the world to book air travel, car rental and hotel rooms on a
common system.
The SPG mobile app continues to be a key focus for Starwood as it allows guests to have a continual dialogue
with and access to Starwood as well as ease of booking. The SPG app is Starwoods fastest growing booking
channel and an area where we are dominating the competition with innovative applications and content to
create a personalized guest experience across our ten brands.
SPG Pro: This comprehensive business-to-business loyalty program offers consistent Starpoint earning
opportunities, benefits and recognition to drive loyalty and additional bookings among meeting planners
and travel professionals. Integrated with SPG, the program provides hotels with insight and branding to
market to customers in a more targeted way. Launched in 2014, this program saw revenue growth
among these key stakeholders more than double compared to previous traditional offers.
Starwood Preferred Business Program (SPB): This program drives revenue and increases market share
with business from smaller-sized companies, rewarding them for their loyalty. In 2014, SPB generated
nearly $200 million in business.
Team HOT: Starwoods internal referral program is the only hotel referral program that rewards
associates with cash, driving our associates and hotels to keep Starwood customers within the
Starwood system of hotels. In 2014, Team HOT generated over $200 million of incremental revenue
throughout the Starwood system globally
StarwoodPro: This industry-leading education and development tool is strategically designed for our
travel professional partners to keep Starwood top of mind when booking for their clients. This tool is
heavily leveraged to educate and update our travel professional partners about the Hotel from the
beginning of the pre-sale process.
In addition, Starwood has the only dedicated luxury and leisure sales team of the major hotel companies. Our
owners benefit from a dedicated leisure team deployed against luxury accounts, top-producing travel agencies
and world-class luxury partners. Starwood has preferred partnership status with all key Luxury and Leisure
Consortia, both established and emerging, with 20 of these top agents having participated in our annual Luxury
Travel Advisory Board. Starwood is the largest hotel partner working with the highly respected and coveted
luxury hotel programs such as American Express Centurion, Fine Hotels & Resorts, Virtuoso, Signature,
Ensemble, Altour and Vacation.com, reaching over 10,000 agency locations. Starwood also engages over
100,000 Travel Professionals through the StarwoodPro strategy with communications, trade shows, events,
marketing, advertising and public relations.
MARKETING RESOURCES
W properties are supported by global, divisional and property-level marketing teams. Our divisional teams will
work closely with the on-property team to create innovative and integrated marketing plans that build
awareness, drive bookings and increase customer preference and loyalty.
FIELD MARKETING
Serving as an online marketing agency, the Field Marketing team works directly with the properties to
proactively fill hotels, especially during need periods and off-season, by leveraging online space and Web
optimization methods. This includes paid and organic-search marketing, niche strategies for resorts, group,
corporate transient, weddings, national partnerships and email marketing campaigns to our SPG/non-SPG
database as well as group customers with special offers. Customer relationship marketing through Starwood
Guest Communications enables us to segment offers and up-sell on property amenities and services. On
average, Field Marketing generates $25 dollars of revenue for every one dollar spent.
PUBLIC RELATIONS
In todays consumer environment, earned media plays a critical role in driving brand preferences. The Starwood
Public Relations team has a central role in our marketing strategy and we continuously outperform the
competition, in both total circulation and frequency of tone-setting coverage. With a worldwide public relations
network, Starwood focuses on driving media coverage for world-class properties globally with special focus on
key feeder markets for W Hotels.
REVENUE MANAGEMENT
Starwoods Revenue Management program provides a world-class solution for managing pricing and inventory,
thereby ensuring that revenues are maximized via all distribution channels. Starwoods Revenue Optimization
Systems (ROS) combines all revenue management tools into one cloud-based system with integrated
forecasting and optimization capabilities for better pricing and greater returns in a competitive pricing
environment. Properties that installed these systems saw a 3% increase in RPI with 95% of the hotels seeing a
full return on investment within three months. The Revenue Management team also ensures each hotel actively
participates in all of Starwoods brand marketing promotions and effective pricing and inventory strategies.
CENTRAL SOURCING
By leveraging our scale, our centralized supply chain services generate significant savings through strategic
relationships on the national, regional and local levels. Hotels using the centralized procurement program save
up to 15% compared to hotels that do not and further benefit from operating efficiencies and reduced
accounting, payroll and benefits expense by leveraging state-of-the-art eProcurement technology.
SUSTAINABILITY
Starwood is committed to finding innovative ways to do more with less while being good for the environment.
We are helping to drive sustainability efforts by thinking about our buildings and business in a way that is agile
and flexes with the changing needs of our guests, the environment and the communities in which we are
operating. Our environmental policy addresses six areas of opportunity: water, energy, indoor environmental
quality, waste, emissions and supply chain. Our initial worldwide focus is on energy and water with our
commitment to reducing energy consumption by 30% and water consumption by 20% by the year 2020. These
goals are just the beginning of an ongoing journey toward environmental sustainability.
We are also focused on working with our development partners to implement sustainability practices.
Starwoods green design and construction guidance addresses both new development and major renovation
projects and aims to minimize environmental impact through proven and innovative building practices. Every
Starwood Architecture and Construction Project Manager is LEED-certified and committed to finding ways to
support owners and developers in the pursuit of sustainable development.
10
11
12
13
14
15
16
Tribute Portfolio
Brand Overview
17
STAY INDEPENDENT.
Pacifica is the ideal location to join the Tribute Portfolio given its clear vision and positioning to attract a
high value clientele both leisure and business to the Bay Area. Add Starwoods global infrastructure,
developer friendly approach and clear leadership position in the upper upscale and luxury segments and
Pacifica will clearly become a sough-after destination for both travelers and locals alike.
Standards are focused on ensuring the level of quality, safety and services our guests expect
from an upper-upscale hotel
Hotels can convert quickly and cost effectively with teams available to support the hotels
throughout the process. Smart approach to PIP with focus on quality and lifecycle
Straightforward, competitively priced bundled fee structure for centralized services. Services
include reservations, sales, marketing, select technology, operations and revenue management.
Third-party and one-time costs can are not included in the bundle
Focus is on creating a great experience. As we developed the brand, we gave special consideration to
what was important to our loyal guests and customers. Amenities such as a fitness center, strong wifi
and quality food and beverage offerings are essential. We will work with each developer to create the
most effective and compelling programming for the project given the market.
18
HYATT
MARRIOTT
HILTON
UPSCALE AND
MIDSCALE HOTELS
IHG
0%
25%
50%
75%
100%
Additionally, Starwood pioneered the collection concept with The Luxury Collection brand which features
some of the worlds most iconic independent luxury hotels. In the last decade, The Luxury Collection has
tripled its footprint, growing more than 60% in the last five years alone.
Royal Palm South Beach Miami Located on Collins Avenue with direct beach access, this hotel
has 393 guestrooms, two swimming pools surrounded by contemporary cabanas, a fully
equipped gym, and more than 10,000 square feet of modern meeting and event space and
signature dining options.
We are excited to immediately enjoy the top-line benefits of Starwoods high-end customer base and SPG
program, South Beach is largely a non-branded marketplace and by affiliating with Starwood, we will continue to
enjoy the flexibility of providing independent services and operating standards, yet benefit from the incredible
strength of our good partners global reservation system, distribution channels and powerful loyalty program.
Jim Francis, CEO, Chesapeake Lodging Trust
Owner of The Royal Palm Miami South Beach, A Tribute Portfolio Resort
19
20
21
Suite night awards, Your24 which allows guests to check in and out within any 24 hour
period, and Ambassador concierge services
Richest elite tier benefits drive preference among the most profitable traveler segment
Rich promotions and campaigns designed to shift share and drive transactional volume
Keyless check-in
iPhone app
SPG preferences
Exclusive partnerships not only provide great moments for guests but also expands hotel
exposure to different audiences. For example:
o
SPG moments lets guests use points to get one-of-a-kind experiences that you cant
purchase such as seeing great bands up close and back stage, a tennis lesson with
Andre Agassi and pit access at a Formula One race
Uber + SPG are making Starpoints even easier to earn. Riders who are SPG members
have the opportunity to earn coveted Starpoints during any ride on the Uber platform.
Uber users simply link their account to their new or existing SPG m accounts at
spg.com/uber. After completing a qualifying stay at a Starwood hotel, SPG members can
start earning one Starpoint for every $1 spent on Uber, and additional bonus Starpoints
can be accumulated during Starwood hotel stays.
22
Working directly with property to maintain Facebook and other social media pages
23
24
EXECUTED PIPELINE
TRIBUTE PORTFOLIO
LOCATION
ROOMS
ANTICIPATED
OPEN DATE
Paris, France
48
March 2016
Paris, France
45
March 2016
Costa Mesa, CA
238
April 2016
Coral Gables, FL
157
July 2016
Nashville, TN
220
Q1 2017
Fort Lauderdale, FL
209
Q4 2017
Charleston, SC
100
Q1 2018
Savannah, GA
173
Q1 2018
Denver, CO
165
Q2 2018
Asheville, NC
152
Q2 2018
25
26
Authentic design, social scenes amplified by a passion for always being at the forefront of whats relevant
today sets Aloft apart. Passion points of design, music and technology help direct the brands look and
programming for our audience of tech-savvy and confident social consumers.
Clean, contemporary architecture houses open spaces that are alive with activity. The lobby offers a
vibrant social scene anchored by the W XYZ bar, a free-flowing Re:mix lounge with a pool table, and a
grab and go Re:fuel caf, while loft-like guest rooms feature high ceilings and the latest technology that
set Aloft apart from its competitors. These spaces can be further activated through localized
programming to attract locals to drive incremental residents. Throughout the hotel, every touch point has
been designed with todays traveler in mind.
Welcome Desk
Check in or out, guests are greeted at Alofts signature and open round welcome desk which puts talent
at the center of the action, conveying a sense of accessibility to guests
W XYZ Bar
Imagine after a hard day of meetings or a busy day touring the Washington D.C. Mall, the fun flows freely
at the W XYZ bar with signature cocktails, delicious food offerings and live music. Live at Aloft Hotels
events featuring up-and-coming musicians making this hot spot the place to be, generating revenue and
attracting both guests and locals alike.
Re:mix Lounge
A playful place or quiet space, the Re:mix lounge has everything right within reach, with plenty of seating,
fast + free WiFi and music to switch up the vibe. Ticker tape messaging and our four-panel video wall add
an extra twist.
Backyard
Warm rays, fresh air and lounge tunes keep the vibe going outside, with stylish seating, mood lighting,
and an indoor/outdoor fireplace. The space is perfect for guests who want to relax and take in the
Washington D.C. landscape as well as an ideal place for hotel events and programming.
Re:fuel by Aloft
Guests on the go energize 24/7 with grab n go gourmet light meals, mix-and-match snacks and regional
treats from dim sum in China to make-your-own cappuccinos in the U.S.
27
Aloft Guestrooms
Rooms feature high ceilings, plush platform beds, fast + free WiFi, oversized LCD TVs, custom amenities
by Bliss Spa, rainfall showerheads, our signature coffee and more.
Sprint, stretch, lift and pump Guests can use stationary bikes, treadmills and elliptical machines, or take
a dip and relax in style at our pool, open morning to night.
Tactic Meetings
Great ideas are sparked in our sleek meeting space, equipped with state-of-the-art A/V, plasma TV and
fast + free WiFi.
Work or play, Alofts cutting-edge technology and programming is designed to accommodate todays
trends and the lifestyle of tomorrows traveler. Its all about simplicity and ease of execution. We
recognize that technology has changed how people conduct business and manage their personal lives as
well as how they travel. Aloft was the first hotel brand to introduce Smart Check-In, which enables SPG
members to bypass the welcome desk, go straight to their room, and open their doors using their mobile
device through the SPG App. Additionally, once inside the guest room, guests can plug in their devices
to listen to their favorite music or watch their favorite TV shows or movies. By integrating best in class,
state of the art technologies, we make it easy for our guests to both personalize and control their
experience.
There is so much more to the Aloft experience than a good nights rest. Unique programming leverages
the hotels unique design and brand passion points to connect with guests year-round to drive awareness
and bookings. Additionally, Aloft is the go-to spot for locals given W XYZ and music focus to help drive
additional revenue.
Music is part of Alofts DNA. It is leveraged throughout the hotel and offers hotels and platform for
marketing promotions to attract both visitors and guests. Live at Aloft events feature live performances
from emerging artists and DJs. In 2013, xx Live at Aloft events were held. Aloft Washington D.C. would
be an ideal venue to host a Live at Aloft event featuring emerging musicians which garner widespread PR
exposure and further position Aloft as the place to be in D.C.
Social Connection
Keeping in touch with guests even when they are not staying with us ensure Aloft is always top of mind.
That is why Aloft is very active on social media sites like Facebook, Twitter and Instagram to ensure we
stay top of mind and keep them in the loop on the latest happenings for the brand.
28
Aloft launched in 2008 to acclaim from the industry and by the end of 2015 will have over 100 hotels
worldwide. Despite the economic downturn, the brand has experienced quality growth as a direct result
of its dynamic programming, strong performance and development friendly approach. Ideal for city
centers like the Washington D.C. market, the brand offers a flexible and appealing development option
based on specific market needs. With increasing global momentum, the pipeline has never been stronger
with 77 additional hotels scheduled to open through 2019.
The Aloft design offers a friendly and flexible development approach designed to meet a variety of
locations and markets with an easy to use, fully sourced FF&E package. Flexible food and beverage
options are available based on specific market needs, with requirements limited to breakfast, a pantry and
the W XYZ bar. With a focus on ensuring a great guest experience, the open design and smart layout
utilizes an efficient staffing model.
PERFORMANCE
Soaring guest satisfaction scores and increasing third-party recognition has helped Aloft grow its market
share at a record pace. Aloft performance in North America urban markets is especially strong and
continues to rise with a 102% RPI and a SPG contribution of 53% (YE 2014).
29
Operational Expertise
Operational Expertise
30
Ms. Carla Murray is responsible for managing over 100 properties in Alaska, Washington, Oregon,
California, Arizona, Colorado, New Mexico, Utah, Nevada and Texas across all Starwood brands. Carla
was promoted into this position following a series of General Manager positions she held at The St. Regis
Aspen, The Westin Seattle, and the Sheraton Seattle Hotel & Towers, from the years of 1998 2002.
Additionally, Starwood has a long-history in the luxury lifestyle space. Leveraging the Starwood system,
our teams work collaboratively to cross-sell to deliver on client needs. In 2014, North America hotels
referred over 68,000 room nights to North America luxury hotels for over $25.5 million in net consumed
revenue, demonstrating the synergies that the Starwood portfolio will provide for this hotel.
31
YEAR END2014
RevPAR
$243.90
$229.70
RevPAR Index
104.4%
103.9%
CMD%
71.9%
72.2%
MARS + CCC
11.4%
13.4%
External Web
13.8%
13.2%
Internal Web
24.4%
23.9%
GDS
22.3%
21.7%
Hotels Included:
W San Francisco
Source: YTD November 2015 - Smith Travel Research & Starwood Internal Data of San Francisco hotels open for
24+ months, excluding The Palace due to renovations in 2015
32
References
33
REFERENCES
Company Name: Chesapeake Lodging Trust
Hotel Project: Royal Palm South Beach Miami, A Tribute Portfolio Resort
Individual Name: Rick Adams
Title: EVP & Chief Operating Officer
Telephone: (410) 972-4143
Email: radams@cltreit.com
Company Name: Triyar Hospitality, LLC
Hotel Project: Aloft Tempe
Individual Name: Michael Mahoney
Title: Chief Executive Officer
Telephone: (310) 234-2888
Email: mmahoney@triyar.com
Company Name: Stockbridge Capital Group, LLC
Hotel Project: SLS Las Vegas Hotel & Casino, A Tribute Portfolio Hotel
Individual Name: Dan Webster
Title: Managing Partner
Telephone: (610)688-2996
Email: webster@sbfund.com
34
PROGRAMMING
35
HOTEL:
Tribute Pacifica
REV: None
DATE:
1/15/2016
BY:
Gus Escobar
110 Bays
100 Keys
v. 4/16/15
GROSS AREA
(SF)
GROSS
SF/KEY
PERCENT
39,910
13,555
1,970
5,110
58,700
16,250
2,360
5,870
2,570
587.0
162.5
23.6
58.7
25.7
68.5%
19.0%
2.8%
6.8%
3.0%
85,750
857.5
100.0%
1,740
2,185
6,800
730
2,100
2,080
2,620
8,160
870
2,520
20.8
26.2
81.6
8.7
25.2
2.4%
3.1%
9.5%
1.0%
2.9%
13,555
16,250
162.5
19.0%
BACK-OF-HOUSE (detail)
Food Production Areas
Receiving and Storage
Employee Areas
Laundry and Housekeeping
Maintenance Office and Shops
1,470
1,200
950
1,010
480
1,690
1,380
1,090
1,160
550
16.9
13.8
10.9
11.6
5.5
2.0%
1.6%
1.3%
1.4%
0.6%
Total, Back-of-House
5,110
5,870
58.7
6.8%
QTY.
KEYS
BAYS
% KEYS
60
0
30
9
0
60
0
30
10
0
60
0
30
20
0
60%
0%
30%
10%
0%
100
110
100.0%
NET AREA
SEATS
SEATS/KEY
1,680
505
0
4,600
4,600
0
730
2,100
75
20
0
320
320
0.75
0.20
0.00
3.20
3.20
SUMMARY
Guestrooms
Public Areas
Administration
Back-of-House
Mechanical / Electrical Equipment
Total, Summary Program
COMMENTS
47%
20%
20%
15%
3%
Gross factor
Gross factor
Gross factor
Gross factor
Allowance (of total gross area)
Proprietary Confidential
Page: 1 of 7
QTY.
KEYS
BAYS
NET AREA
60
0
30
7
1
1
0
0
60
0
30
7
2
1
0
0
60
0
30
14
3
3
0
0
21,060
0
11,310
5,278
1,131
1,131
0
0
100
110
39,910
90
20
14
15%
COMMENTS
1 Bay
1 Bay
1 Bay
2 Bays: 1-LR, 1-K
3 Bays: 1-LR, 2-K
3 Bays: 2-LR, 1-K
5 Bays: 3-LR, 2-K
Bays: Optional
(1 Key)
(2 Keys)
(1 Key)
(1 Key)
WIDTH
LENGTH
NET AREA
13.00
13.00
13.00
13.00
27.00
29.00
29.00
29.00
351
377
377
377
5
22
5
8' bedroom & 7'6" foyer/bath
1
1
Proprietary Confidential
Page: 2 of 7
PUBLIC AREAS
2.1 LOBBY AND PUBLIC AREAS
LOBBY
Main Lobby
Registration
NET AREA
COMMENTS
1,000
160
0
0
120
80
0
300
80
1,740
NET AREA
SEATS
1,350
330
0
75
18
COMMENTS
20
330
0
175
0
15
0
5
0
2,185
95
22
20
15 SF/seat
12
QTY.
SF EACH
NET AREA
SEATS
2
1
1
1,500
1,000
600
3,000
1,000
600
210
70
40
4,600
320
COMMENTS
14
14
14
20
1,200
250
80 market specific per climate
100
0
460
110
0
0
0
2,200
6,800
Proprietary Confidential
Page: 3 of 7
5.1 RECREATION
SWIMMING POOL AND FITNESS CENTER
Swimming Pool / Whirlpool
Pool Equipment / Storage
Couple Cabanas
Family Cabanas
Towel/Watersport Amenity
Fitness
Children's Club
Restrooms
Total, Pool and Fitness
SPA (Developer/ Market Option)
Arrival (w/ Retail)
Administration
Bistro Caf/Juice Bar
Men's Locker Room
Women's Locker Room
Therapy/Treatment Rooms
Co-ed Relaxation Lounge
Mens Relaxation Lounge
Womens Relaxation Lounge
Salon/Mani-Pedi
Support
NET AREA
EXTERIOR
0
0
0
0
0
700
0
30
730
240
230
25
230
300
560
200
0
0
50
265
Total, Spa
2,100
Total, Recreation
2,830
COMMENTS
Proprietary Confidential
Page: 4 of 7
ADMINISTRATION
6 ADMINISTRATION
FRONT OFFICE
Front Office Workarea
Front Office Manager
Asst. Front Office Manager
Director of Operations
Room Service
Room Service Manager
Room Service Storage
Safe Deposit Boxes / Viewing
General Cashier / Count Room
Data Center
Luggage Storage
NET AREA
460
ACCOUNTING OFFICE
Controller
Ass't. Controller
Accounting Workarea
Storage / Pantry
MIS Manager
120
0
240
0
0
COMMENTS
120
80
0
0
140
0
0
50
0
30
40
360
200
130
0
0
80
0
110
100
0
0
0
0
320
0
90
0
120
1,150
1,970
Proprietary Confidential
Page: 5 of 7
BACK-OF-HOUSE AREAS
7 FOOD PRODUCTION AREAS
KITCHENS AND PANTRIES
Main Kitchen
Room Service Pantry
3-Meal Restaurant Kitchen (leased)
Banquet Pantry
Specialty Restaurant Pantry
Entertainment Lounge Pantry
Pool Bar Pantry
Total, Kitchens and Pantries
NET AREA
700
240
0
200
0
0
0
1,140
50
100
100
0
80
330
COMMENTS
1,470
NET AREA
200
250
80
0
120
100
200
COMMENTS
950
100
50
0
100
250
1,200
9 EMPLOYEE AREAS
HUMAN RESOURCES OFFICE
Reception
Human Resources Director
Human Resources Asst. Director
Human Resources Workarea
Training Room
Storage / Pantry
Total, Human Resources Office
EMPLOYEE SUPPORT
Security / Risk Manager
Lockers and Restrooms, Men
Lockers and Restrooms, Women
Employee Cafeteria
Total, Employee Support
Total, Employee Areas
NET AREA
COMMENTS
0
100
0
150
150
0
400
0
150
150
250
550
950
Proprietary Confidential
Page: 6 of 7
NET AREA
COMMENTS
100
100
0
0
120
320
80
150
150
220
50
40
0
690
1,010
NET AREA
COMMENTS
80
0
300
0
0
100
480
GROSS AREA
2,570
COMMENTS
Proprietary Confidential
Page: 7 of 7
Copyright 2015 Starwood Hotels & Resorts Worldwide, Inc. All Rights Reserved.
CONFIDENTIAL & PROPRIETARY May not be reproduced, disclosed or distributed without the
express written permission of Starwood Hotels & Resorts Worldwide, Inc.
HOTEL:
aloft
HOTELS
REV:
DATE:
9/30/2015
BY:
40,181
6,590
503
1,680
PERCENT
56,700
7,890
600
1,910
671
416.9
58.0
4.4
14.0
4.9
83.7%
11.6%
0.9%
2.8%
1.0%
67,770
498.3
100.0%
2,170
1,250
580
2,590
0
2,600
1,500
690
3,100
0
19.1
11.0
5.1
22.8
0.0
3.8%
2.2%
1.0%
4.6%
0.0%
6,590
7,890
58.0
11.6%
1,640
1,960
14.4
370
0
290
865
155
420
0
330
990
170
3.1
0.0
2.4
7.3
1.3
0.6%
0.0%
0.5%
1.5%
0.3%
1,680
1,910
14.0
2.8%
QTY.
KEYS
BAYS
% KEYS
48
87
1
48
87
1
48
87
1
35.3%
64.0%
0.7%
136
136
100.0%
NET AREA
SEATS
SEATS/KEY
300
950
0
530
1,730
#REF!
0
1,640
6
24
0
20
0.04
0.18
0.00
0.15
BACK-OF-HOUSE (detail)
Food Production Areas
Receiving and Storage
Employee Areas
Laundry and Housekeeping
Maintenance Office and Shops
Total, Back-of-House
2
GROSS
SF/KEY
COMMENTS
41%
20%
20%
15%
1%
Gross factor
Gross factor
Gross factor
Gross factor
Allowance (of total gross area)
RECAP OF FACILITIES
GUESTROOM MIX
Studio Queen/Queen
Standard King
Extended Q/Q
Total, Guestrooms
PUBLIC AREAS (Lobby & Exterior)
Food Outlets (Refuel)
Beverage Outlets (w xyz)
Grand Ballroom
Total Function Rooms (Tactic)
Swimming Pool
Fitness Center
Spa
Backyard
Page: 1 of 4
QTY.
KEYS
BAYS
NET AREA
48
87
1
48
87
1
48
87
1
15,552
24,186
443
136
136
40,181
COMMENTS
1 Bay
1 Bay
1 Bay: 1-LR, 1-Q/Q (1 Key)
135
1
WIDTH
LENGTH
NET AREA
17.50
15.00
30.00
18.50
18.50
14.00
324
278
443
4
34
5
2
0
PUBLIC AREAS
2.1 LOBBY AND PUBLIC AREAS
LOBBY
Entry Vestibule
Front Desk Lobby Area
Front Desk
Remix
Guest Laundry (Clean)
Business Alcove (In-Touch)
Public Restrooms
Elevators Lobby Area
Fire Command - At Front Desk
Total, Lobby and Public Areas
NET AREA
COMMENTS
80
400
30
830
100
20
460
250
2,170
Backyard
Total Exterior Public Areas
1,640
1,640
NET AREA
SEATS
300
0
6
0
20
950
24
40
1,250
30
COMMENTS
Page: 2 of 4
QTY.
SF EACH
NET AREA
SEATS
0
0
0
0
0
0
0
0
1
0
0
10,000
5,000
3,000
2,500
2,000
1,500
1,250
1,000
530
400
0
0
0
0
0
0
0
0
0
530
0
0
0
0
0
0
0
0
0
0
20
0
0
530
20
COMMENTS
11 SF/se3 divisions
11
2 divisions
12
12
12
25
14
14
25
25
20
50
0
0
0
0
0 per market climate
0
0
0
0
0
0
50
580
5.1 RECREATION
SWIMMING POOL AND FITNESS CENTER
Swimming Pool (Splash)
Pool Equipment / Storage
Fitness Center (ReCharge)
Restroom
Total, Pool and Fitness
Total, Recreation
NET AREA
COMMENTS
1,600
130
800
60
2,590
2,590
ADMINISTRATION
6
ADMINISTRATION
FRONT OFFICE
Front Office Workarea
General Manager
Data Center
Luggage Storage & Safety Deposit Boxes
Total, Front Office
NET AREA
210
90
140
63
COMMENTS
503
Page: 3 of 4
BACK-OF-HOUSE AREAS
7
130
230
140
0
0
370
370
COMMENTS
NET AREA
NET AREA
0
0
COMMENTS
0
0
EMPLOYEE AREAS
EMPLOYEE SUPPORT
Security / Risk Manager
Restrooms, Unisex
Employee Locker Rooms
Employee Cafeteria (Break Room)
Total, Employee Support
Total, Employee Areas
0
40
0
250
290
290
NET AREA
440
0
0
0
425
Total, Housekeeping
425
12 MECHANICAL/ELECTRICAL EQUIPMENT
Total Gross Allowance, MEP Equipment Rooms
440
HOUSEKEEPING
Clean Linen Storage
COMMENTS
865
NET AREA
155
COMMENTS
155
GROSS AREA
671
COMMENTS
Page: 4 of 4
Manual Disclaimer
This manual and all materials, procedures and systems herein contained or depicted (the Manual)
have been developed by, and are the sole and exclusive property of Starwood Hotels & Resorts
Worldwide, Inc. (Starwood), One StarPoint, Stamford, Connecticut 06902.
The content herein may be protected by patent, trademark, trade secret, copyright, or other
proprietary rights and laws, and is the private and confidential property of Starwood. The contents
contain proprietary trade secrets that are private and confidential property of Starwood. Unauthorized
use, disclosure, or reproduction of any kind of any material contained in this Manual is expressly
prohibited. The contents hereof are to be returned immediately upon termination of any relationship
or agreement giving user authorization to possess or use such information or materials. Any
unauthorized or illegal use shall subject the user to all remedies, both legal and equitable, available to
Starwood.
These documents are intended to serve as a starting point for complete design to be performed by
licensed professionals. They have been prepared with the sole purpose of conveying the brand
benchmark for this particular product only. The architect, engineer, designer or any other design
professional of record is responsible for compliance with any and all laws or regulations of any type or
description governing the proposed construction.
This manual may be altered, amended or supplemented by Starwood in its sole discretion from time
to time. It is your responsibility to familiarize yourself with the contents of the Manual and to keep
yourself apprised of any and all updates to it on www.regdocumentcenter.com.
In the event of any inconsistency or conflict between a provision in this Manual and any federal,
provincial, state or local statute, regulation, order or other law, such law will supersede the conflicting
or inconsistent provision(s) of this Manual in all properties subject to that law. All owners/developers
should seek independent legal counsel for advice concerning application of and compliance with any
applicable law.
36
W W W . H A N D E L A R C H I T E C T S . C O M
enclosed roof-top lounge and terrace was created. The glass bottom pool, dotted with portholes of its own, allows guests in the
lobby glimpses through the water to the outside (and vice versa),
and connects the spaces in an ethereal way. Light wells framed in
teak between the lobby, pool and lower levels allow the guest to
be transported between spaces. Two hundred hand blown glass
globes float through the lobby and congregate over The Marble
Lane restaurant filling the space with a light cloud.
ding takes cues from the masonry buildings of the surrounding area,
while the patterning and textured character of the faade offers a
contemporary interpretation of traditional punched windows in the
neighborhood. Designed to read as a continuous wrapper around
the building, the faade also employs variation and modulation in
window openings and panel sizes to correspond to interior units for
the hotel and residential spaces within.
Located in Abu Dhabis new Al Maryah Island financial district between the Abu Dhabi Securities Exchange and the Cleveland Clinic,
Rosewood Abu Dhabi is a new 1.1M sq.ft. mixed-use development.
The complex includes a five-star 189-room Rosewood hotel, 131 serviced apartments, banquet facilities, meeting facilities, spa, fitness
center, retail space, restaurants, and parking.
The inspiration for the tower is derived from the glistening Arabian
Gulf and the vast desert that surrounds Abu Dhabi city. The 34-story
hotel is a dramatic modern structure covered with reflective glass,
which was chosen for its daytime shimmer and its nighttime luminescence. The curvilinear architecture of the 470-foot-tall building
450 Hayes was contemplated by the San Franciscos Market-Octavia Plan to help heal the scar to the neighborhood resulting from
the construction, and subsequent demolition, of the Central Freeway. The project is comprised of 41 residential units, 20 car parking
spaces and includes storage for 42 bicycles. The site is an irregular,
almost trapezoidal lot, that faces both Hayes and Ivy Streets. The
proposal is to construct two structures, up to 45-feet tall, which will
be built to the property lines along Hayes and Ivy. Consistent with
the neighboring buildings, the commercial space is broken up into
two storefronts and will be constructed on the ground floor along
Hayes Street. An internal courtyard running the east-west width of
the project provides outdoor space and light and air to many of the
residential units. The internal courtyard also provides an outdoor link
to the two buildings through an exterior stair and a series of bridges.
In addition to the residential lobby facing Hayes Street, a secondary
residential entry will be located on Ivy Street.
Exterior materials are a balance between the historical fabric and the
more recently renovated structures in the district. Jackson Square is
one of San Franciscos oldest neighborhoods and over the past several decades many structures have gone through some type of renovation or adaptive reuse. 240 Pacific builds on the idea of masonry
as the main framework of the structure with metal and glass as an
interlacing fabric that melds the project together. The masonry facade includes the vertically punched openings that can be found on
neighboring historical buildings, while the more delicate lattice metal frame curtainwall draws inspiration from the steel sash windows
of nearby warehouse buildings and recently renovated structures.
The Pacific at 2155 Webster Street is a 250,000 sq. ft. adaptive reuse project in the Pacific Heights neighborhood of San Francisco.
Formerly a dentistry school, the project is being converted from its
office use into a luxury residential development, including seventy-seven condo units and ten individual townhomes.
Handel Architects design approach maintains the faade grid of the
original building, but lightens the structure by removing the existing
pre-cast panels to make way for larger scale windows. This thinner,
more delicate structure will be covered with a new champagne color
stainless steel cladding system, which reflects the sunlight in gold
and light brown hues. Puncturing the structure are floor-to-ceiling
glass windows, offering expansive views. Additionally, a three-dimensional window bay has been designed to create moments
where the occupants can gain views past the existing structure.
These windows are dispersed throughout all four facades, with the
density increasing towards the edges and the top of the building.
The penthouse, formerly a mechanical shed, will be converted to
four homes with private terraces, and a common lounge with communal terrace for the buildings residents.
At the ground level, townhomes on the adjacent surface parking lot
have been designed to have a similar scale and form as single family
homes in the neighborhood. The three story homes have access to
individual private gardens and the amenities of the main building.
Communal lawns and landscaping have been created in between
the townhomes as open space for the use of all the residents of the
development.
ATTACHMENT A
Questions & Responses from RFQ Page 15
1.
2.
If a podium was chosen for all or part of the site, could it be engineered and built in phases, and is that
financially feasible compared to building it all at once?
Response: Below-grade work, including utility connections would ideally be achieved in phase 1 to avoid
increased future costs for excavation, shoring, tiebacks and underpinning. If phased, below-grade sections should
planned to be as large as possible for the given phase.
3.
4.
Where would you want access and exiting for the hotel?
Response: Per initial review, vehicular access could be from either Palmetto Avenue or Montecito Avenue via a
narrow private lane. This lane could also provide access to future residential uses and provide a connection for
underground parking. (Both avenues offer opportunities and further study and program development will help
to locate.)
5.
What is maximum and minimum number of hotel rooms that you would consider at this site?
Response: 100 to 150 guest rooms.
6.
Do you recommend adding residential uses or another use to the site in addition to the hotel?
Response: Yes, we recommend adding residential uses to the site in addition to the hotel, complementing
residential hospitality functions and the uniqueness of this site. We believe there is significant demand for housing
in Pacifica because of its excellent access to Downtown San Francisco, SFO and Palo Alto/Silicon Valley. Today,
Pacifica offers value compared to San Francisco and other locations in Northern California with world-class
natural beauty and setting.
7.
Are conference facilities valuable to your vision, either on or off the site, and for what audience?
Response: Yes, the site would be a good semi-remote location for a small retreat or seminar/conference and the
semi-remote and unique character to the site for wedding, anniversary, milestone, etc. celebrations. As a drive-todestination, Pacifica could draw significant group business from the surrounding Bay Area large demand drivers
with sufficient meeting space.
8.
Do you commit to supporting the existing Hotel Business Improvement District (BID) and a potential BID on
Palmetto Avenue?
Response: Yes, we commit to supporting the existing Hotel BID and potential Palmetto Avenue BID. TPC believes
that we can be a helpful advocate for programs that promote the Avenues long-term economic development
thereby creating a thriving boulevard that attracts both residents and visitors.
ATTACHMENT B
Comparable Hotel Development Experience
The Peebles Corporation
c.
f.
g.
j.
Total Area committed to Restaurants, Retail or Spa Services (sf by use. List name, operator, describe role in
creating a destination hotel)
10,500 SF includes Gordon Biersch restaurant. The restaurant can accommodate 450 guests with additional
patio seating available. Private banquet facilities are also available for 50-60 guests in the upstairs dining room,
with a smaller private room on the main floor accommodating 30-35 persons. Full-restaurant banquets are also
available seating up to 400 persons. http://www.gordonbiersch.com/locations/washington-dc?action=view
k.
Total Area committed to Hotel Dining Room if different than above (sf)
Same as above.
l.
r.
s.
Financing Contact Info (list entity, contact name, and phone number for each source even if also listed under
references)
Christopher Bruch
President & COO, The Donohoe Companies
(202) 625-8402
chrisb@donohoe.com
Robert Pincus
Vice Chairman, Eagle Bank (formerly of BB&T)
(202) 367-3024
Rpincus@eaglebankcorp.com
c.
f.
g.
j.
Total Area committed to Restaurants, Retail or Spa Services (sf by use. List name, operator, describe role in
creating a destination hotel)
Former Restaurant Brittos by Romero Britto (renowned Brazilian Artist)
Full pool and beach F&B services for 300 chaise lounges and day beds
1,350 sf fully equipped fitness center and a 500 sf outdoor yoga deck
Renew The Spa (current operator) consisting of 6 treatment rooms plus manicure, pedicure and hair stations
k.
Total Area committed to Hotel Dining Room if different than above (sf)
Same as above
l.
s.
Financing Contact Info (list entity, contact name, and phone number for each source even if also listed under
references.
Robert Chitty
SVP Corporate Finance, Intercontinental Hotel Group
(770) 604-5321
Bob.chitty@ihg.com
Federico Tunnermann
SVP, Ocean Bank
(305) 569-5103
ftunnermann@oceanbank.com
c.
f.
g.
10
i.
j.
Total Area committed to Restaurants, Retail or Spa Services (sf by use. List name, operator, describe role in
creating a destination hotel)
Restaurant: 6,450 sf / Operator: Spoonful
Rooftop Bar: 1,650 sf / Operator: Spoonful
Operator has managed numerous landmark restaurants in gateway cities including Las Vegas, Miami, Los Angeles
and New York. The restaurant will feature a prominent chef and drive traffic to both the hotel and surrounding
community. http://sbe.com/restaurants
Spa: 4,300 sf / Operator: sbe (hotel operator)
k.
Total Area committed to Hotel Dining Room if different than above (sf)
Same as above.
l.
11
s.
Financing Contact Info (list entity, contact name, and phone number for each source even if also listed under
references)
Andrea Berkeley
VP Relationship Manager, Eagle Bank
(240) 497-2092
aberkeley@eaglebankcorp.com
Victor MacFarlane
Chairman & CEO, MacFarlane Partners
(415) 356-2500
vmacfarlane@macfarlanepartners.com
12
c.
f.
g.
13
j.
Total Area committed to Restaurants, Retail or Spa Services (sf by use. List name, operator, describe role in
creating a destination hotel)
Restaurant: 6,000 sf / Operator: TBD
Rooftop Bar: 1,500 sf / Operator: TBD
Spa: 2,500 sf / Operator: TBD
https://www.kimptonhotels.com/dine-overview
k.
Total Area committed to Hotel Dining Room if different than above (sf)
Same as above.
l.
s.
Financing Contact Info (list entity, contact name, and phone number for each source even if also listed under
references)
Not applicable.
14
ATTACHMENT B
Comparable Hotel Development Experience
Starwood Hotels
15
c.
f.
g.
16
i.
j.
Total Area committed to Restaurants, Retail or Spa Services (sf by use. List name, operator, describe role in
creating a destination hotel)
Food and Beverage Outlets: Bikini Pool & Bar, Sidebar, Starlite Lounge and Circa 59
Pools (3), Fitness Center, Business Center, Parking, 11,000 SF Spa
k.
Total Area committed to Hotel Dining Room if different than above (sf)
Same as above.
l.
s.
Financing Contact Info (list entity, contact name, and phone number for each source even if also listed under
references).
Not available.
17
c.
f.
g.
18
i.
j.
Total Area committed to Restaurants, Retail or Spa Services (sf by use. List name, operator, describe role in
creating a destination hotel)
Lobby (5,102 GSF) includes w xyz bar (2,313) and re:fuel by Aloft (756) food and beverage offerings.
k.
Total Area committed to Hotel Dining Room if different than above (sf)
Same as above.
l.
s.
Financing Contact Info (list entity, contact name, and phone number for each source even if also listed under
references).
Not available.
19
c.
f.
g.
20
i.
j.
Total Area committed to Restaurants, Retail or Spa Services (sf by use. List name, operator, describe role in
creating a destination hotel)
Re:fuel, our 24/7 grab & go gourmet snack station, is full of healthy bites, build-your-own hot breakfast and
make-your-own cappuccinos.
W XYZ bar offers everything from pints to Pinot Noirs, plus a snack-attack menu that features locally sourced
bites, perfect for some late night noshing. We also host a variety of live entertainment from live acoustic
performances, DJ nights and more. Our 30-foot-long bar at W XYZ seats up to 14 people, plus couches in the
Re:mix Lounge, and outdoor additional seating.
k.
Total Area committed to Hotel Dining Room if different than above (sf)
Same as above.
l.
s.
Financing Contact Info (list entity, contact name, and phone number for each source even if also listed under
references).
Not available.
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