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R7L-Approve Recommendation Shortlist 2 Top Proposers For Enhancement Of MBCCCOMMISSION ITEM SUMMARY Condensed Title: A resolution approving the recommendation of the City Manager to shortlist the top two {2} teams of Portman CMC and South Beach ACE as the shortlisted Proposers to continue on to Phase II of the MBCC RFQ No. 22-11/12; and authorizing the City Manager to negotiate Letters of Intent (LOI's) with the shortlisted Proposers. Key Intended Outcome Supported: Improve Convention Center Facility Supporting Data (Surveys, Environmental Scan, etc.): According to the 2011 Strategic Plan Update, the occupancy rate he Convention Center has been steadily declining since 2006, with FY 11/12 reporting a 54% occupancy rate. Item Summa /Recommendation: The primary objectives of RFQ No. 22-11/12 for the development of the Miami Beach Convention Center District (MBCC) are 1) Improve the MBCC facility, 2) Facilitate the ability of the MBCC to attract high impact events in an Increasingly competitive environment, and 3) Redevelop the surrounding area, including transforming the MBCC District into a vibrant neighborhood, increased outdoor public space, a walkable district providing connectivity between the MBCC, Lincoln Road and the City's historical and cultural district, iconic architecture, incorporation of sustainable (LEED) design principles, with sensitivity to existing area residential neighborhoods particularly with respect to traffic and scale, and optimal economic and community benefits to the City. The minimum requirements are 1) Enhancements to the MBCC (Class A renovation, outdoor function space, and additional meeting space), 2) Development of a headquarter hotel, and 3) Provision of a multipurpose/ballroom space of 60,000 net square feet. RFQ PHASE I -Proposers evaluated based on experience with undertaking comparable urban mixed-use master development projects ofthe magnitude contemplated. Proposers' Lead Architects evaluated on relevant experience in providing design services for comparable urban mixed-use master developments. Shortlisted Proposers would proceed to Phase II of the RFQ. RFQ PHASE II -Shortlisted Proposers will be required to prepare a detailed proposal for the MBCC District that will include, but not limited to, a master plan for the site, project renderings, a breakdown of proposed uses, proposals for enhancing public open spaces, renovation and expansion plan for the convention center facility, proposal for the convention center hotel, a phasing and absorption plan, the financing plan including at minimum a 30-year financial pro forma, a preliminary traffic impact analysis, and any request for public assistance. In addition, should the City Commission give the City Manager authorization, the City Manager, with SAG's assistance, will negotiate Letters of Intent (LOis) with the shortlisted Proposers. The City received eight(8) Qualifications packages, three (3) withdrew their proposals, leaving the following five (5) teams: CConnectMB, Portman CMC, Rida Development Corporation, South Beach ACE, and Turn berry Lincoln Village, LLC. The Evaluation Committee and the City's professional consultant (Strategic Advisory Group) recommended to shortlist the two top-ranked Proposers of Portman CMC and South Beach ACE to proceed to Phase II of the RFQ. The Administration also concurs with this recommendation because 1) two Proposers each will likely dedicate more resources and effort into the Phase II work when each has a 50% chance of success, 2) the community will be able to focus its attention on two (2) Master Plan proposals, and not be burdened with several community meetings and intricacies of multiple Master Plans, and 3) the Administration and its consultant (SAG) can concentrate its negotiations with two Proposers and Its detailed analyses of their proposed Master Plans, PROPOSED PHASE II TIMELINES - Jan -Kick-Off meeting with the Shortlisted Proposers -Walk-through assessment of the Convention Center -Community Meeting for initial public input Feb -Mar -Community Meeting -City Commission Workshop-Revised Preliminary Master Plan -Draft Master Plans and Initial LOI terms to the Administration April -Refined Master Plans and LOI terms to the Administration -Community Meeting for presentation of refined Master Plans May -Commission Workshop-Presentation of proposed Master Plans and LOI terms June 5 -City Manager recommendation of the final Proposer(s) based on the negotiated LOI's and Master Plans -Commission approval of the successful Proposer(s) June-July -Term Sheet negotiations with the Proposer(s) based on substantive terms of the negotiated LOI(s) July -The final negotiated Term Sheet(s) presented to the City Commission for approval July or Sep -City Commission approval of the Term Sheet with the final successful Proposer resented to Ci Commission for a roval MIAMI BEACH 568 KGB AGENDA ITEM _R......_7;._L __ DATE 12. ,..( 'Z..-1 '2. MIAMI BEACH City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miamibeachfl.gov COMMISSION MEMORANDUM TO: Mayor Matti Herrera Bower and Members of the City Commission FROM: Kathie G. Brooks, Interim City Manager ;;{~ • /_.,;?/ DATE: December 12, 2012 SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING THE RECOMMENDATION OF THE CITY MANAGER TO SHORTLIST THE TWO (2) TOP RANKED PROPOSERS OF PORTMAN CMC AND SOUTH BEACH ACE WHICH WILL PROCEED TO PHASE II OF REQUEST FOR QUALIFICATIONS (RFQ) NO. 22-11/12 FOR A PUBLIC-PRIVATE MIXED-USE DEVELOPMENT IN MIAMI BEACH FOR THE ENHANCEMENT OF THE MIAMI BEACH CONVENTION CENTER CAMPUS/DISTRICT, INCLUDING THE EXPANSION OF THE MIAMI BEACH CONVENTION CENTER AND DEVELOPMENT OF A CONVENTION CENTER HOTEL (THE RFQ); AUTHORIZING THE CITY MANAGER TO NEGOTIATE LETTERS OF INTENT (LOI'S) WITH THE RESPECTIVE SHORTLISTED PROPOSERS; AND FURTHER PROVIDING THAT THE NEGOTIATED LOI'S AND MASTER PLAN(S) DEVELOPED BY THE RESPECTIVE PROPOSERS BE BROUGHT BACK TO THE MAYOR AND CITY COMMISSION AT A FUTURE DATE FOR FURTHER ACTION. ADMINISTRATION RECOMMENDATION Adopt the Resolution approving the recommendation of the City Manager to shortlist the top two (2) Proposers of Portman CMC and South Beach ACE as the shortlisted Proposers to continue on to Phase II of the RFQ; authorize the City Manager to negotiate Letters of Intent (LOI's) with the shortlisted Proposers; and provide that the negotiated LOI's, as well as Master Plans developed by each Proposer, be brought back to the City Commission at a future date for further action. BACKGROUND On March 9, 2011, the City Commission adopted Resolution No. 2011-27620, which endorsed and supported the concept of the Miami Beach Convention Center renovation and expansion, including the development of an adjacent Convention Center hotel. The City Commission also authorized the City Manager to secure any necessary expertise required to assist with the project, and to issue a Request for Proposals (RFP) to secure those consulting services. Through the resulting competitive solicitation process, the firm of Strategic Advisory Group (SAG) was selected and retained as the City's consultant in the project development process. During the May 20-21, 2011 City Commission Retreat, the Commission further discussed and agreed to look at broader development opportunities in the area beyond the Convention Center, and expressed a desire to find ways to address the impact on traffic, mobility, and impacts to the 569 MBCC District RFQ December 12, 2012 Page 2 of8 surrounding neighborhoods. There was also a desire to be sensitive to the historic district, while maximizing green space. As part of its initial responsibilities, SAG assisted the City in drafting a Request for Qualifications (RFQ) for the master development of the "Miami Beach Convention Center'' (the MBCC District). The RFQ is the first step in an effort to create options for Convention Center improvements through a master development of City-owned properties surrounding the Convention Center that would generate new revenues to the City. These incremental revenues could be used to fund potential Convention Center improvements and/or provide operating funds. The maximum potential development site for the MBCC District is approximately 52 acres, encompassing the Convention Center facility itself, the adjacent surface parking lots, the 171h Street Parking Garage, the Fillmore Miami Beach at the Jackie Gleason Theater, City Hall, and City-owned buildings at 555 -17th Street and 1701 Meridian Avenue. The combined area allows for up to approximately 6.2 million square feet of total FAR, inclusive of the existing structures. While the total acreage available for redevelopment is up to 52 acres, the objective would be for any proposed development thereafter to create significant open public spaces and other amenities that benefit the whole community. On January 11, 2012, the City Commission authorized the Administration to issue Request for Qualifications No. 22-11/12 for Qualified Developers for a Public-Private Mixed-Use Development in Miami Beach for the Enhancement of the MBCC District, Including the Expansion of the Miami Beach Convention Center and Development of a Convention Center Hotel (the RFQ). The RFQ was issued on February 7, 2012, and was sent to approximately 250 developers and other interested parties; issued via BidNet; sent to the Urban Land Institute (ULI), International Council of Shopping Centers (ICSC) and the Bond Buyer to make available to their members. RFQ information was also sent through the Business Wire resulting in approximately 1 ,000 business media around the country featuring the story; and a press release was issued by the City that generated a Miami Herald front-page article. The primary objectives of the RFQ are to: 1. Improve the Convention Center (hereinafter also referred to as the MBCC); 2. Facilitate the ability of the MBCC to attract high impact conventions, meetings, and tradeshows in an increasingly competitive environment; and 3. Redevelop the surrounding area, including transforming the MBCC District into a new vibrant neighborhood with year-round activities; increasing outdoor public space; creating a walkable district providing connectivity between the MBCC and Lincoln Road and the City's historical and cultural district; providing iconic architecture in keeping with the City's history of significant design; incorporating sustainable (LEED) design principles; while being sensitive to the surrounding residential neighborhoods (particularly with respect to traffic and scale); and offering optimal economic and community benefits to the City. The minimum requirements to be delivered by the successful Proposer of the RFQ are as follows: 1. Enhancements to the Convention Center, including at a minimum, Class A renovation, outdoor function space, and additional meeting space, 2. Development of a headquarter hotel, and 3. Provision of a multipurpose/ballroom space of 60,000 net square feet. 570 MBCC District RFQ December 12, 2012 Page 3 of8 RFQ PHASE I During Phase I of the RFQ, which is before the City Commission for its consideration at this meeting, Proposers were evaluated based on their experience with undertaking comparable urban mixed-use master development projects of the magnitude contemplated. Similarly, the Proposers' "Lead Architects" were evaluated on their relevant experience in providing design services for comparable urban mixed-use master developments. The following Evaluation Criteria were used to assess each Proposer: Evalua~.ion Criteria Proposer's relevant experience, qualifications, capabilities, financial strength, and past performance with similar development projects 30 Proposer's key personnel experience and qualifications (i.e., Principals 20 and Project Executives or Managers) Design Services Professionals key personnel experience and qualifications. (i.e., Master Planner, Convention Center Design 20 Architect, Hotel Design Architect etc.) Proposer's approach to financing To this end, the Proposers and their Lead Architects were requested to summarize at least five (5) development projects (of comparable size and scope as the MBCC District proposed development), the role they played in each of the representative developments, and the professional experience of each key personnel that will be involved with the proposed MBCC District project. Developers were allowed to work together to submit joint qualifications to satisfy the requirements for relevant experience. Each Proposer also had to provide information that demonstrated financial capability to take on the proposed development. Proposers were required to summarize their broad approach to financing the various components of the proposed development; demonstrating their role in the capitalization of the project, their commitment to provide all or a portion of the financing, their proposed financing mechanism for the public components, and their commitment to maximize private investment and minimize public investment. Short-listed Proposers will proceed to Phase II of the RFQ. RFQ PHASE II As part of Phase II of the RFQ, the Proposers short-listed by the City Commission will then be required to prepare a detailed proposal for their proposed development of the MBCC District. This Phase, as part of the preparation of the detailed proposal, will include what the City Administration expects to be extensive community involvement to gain input on local needs and concerns. To initiate the public outreach, the City will arrange a public workshop with the shortlisted Proposers and the community. An additional meeting will also be held with the shortlisted Proposers to gather information on the improvement needs of the MBCC to develop the scope of services for the MBCC enhancement and expansion. As part of Phase II, a City Commission workshop will be held to review each Proposer's Master Plan, prior to final consideration and selection of the final "Master Developer''. 571 MBCC District RFQ December 12, 2012 Page 4 of8 In addition to the Master Plan for the site (which will include respective project renderings, a ... ~~·~breakoownf)f proposed uses, and square footages of each use), the short-listed Proposers' "detailed proposal" will also include proposals for enhancing public open spaces, a renovation and expansion plan for the MBCC, a proposal for a convention center hotel, a phasing and absorption plan, financing plan (including, at minimum, a 30-year financial pro forma), a preliminary traffic impact analysis, any request for public assistance, and a summary of projected new City revenues to be generated by the proposed development, including estimated impacts to the City's tourism economy against baseline criteria. Concurrent therewith, the City Manager, with SAG's assistance, will negotiate Letters of Intent (LOis) with the shortlisted Proposers. Some of the items that will be negotiated in the LOI includes the scope of the renovation and design for the MBCC, the phasing plan, the financing plan, land lease terms (if required) and other economic impacts, hotel room blocks, and traffic impacts. The negotiated LOI's will then be presented to the City Commission for consideration and further action. PROPOSERS On March 1, 2012, the City Manager reported to the City Commission, via a Letter to Commission, that the Administration, along with SAG, held a Pre-Qualifications Conference at the Convention Center on February 27, 2012, to review the RFQ and answer any questions regarding the process. The Pre-Qualifications meeting was not mandatory. Approximately 150 people attended the conference demonstrating significant interest in the City's MBCC District development opportunity. On the RFQ deadline of April 23, 2012, the City received eight(8) qualifications packages in response to the RFQ (the proposals) from the following Proposers: • CConnectMB • Flagstone Property Group • Matthews Southwest * • Portman CMC • Rida Development Corporation • SoBeCa, LLC • South Beach ACE • Turnberry Lincoln Village, LLC * On May 28, 2012, Matthews Southwest informed the City that its team was pulling its submission and would not be participating in the RFQ process. Evaluation Committee Meeting #1 On April 30, 2012, the City Manager, via Letter to Commission (LTC) No. 114-2012, appointed the following individuals to serve as Evaluation Committee members (the Committee): • David Berger, Real Estate Developer and Attorney, Resident: • Jimmy Goldsmith, Gator Investment (Real Estate Development), Resident: • Saul Gross, Commercial Property Owner I Former MB Commissioner, Resident; • Elsie Howard, Former Chair of MBVCA; • Jackie Lalonde, Financial Advisor, Resident: • Martin Margulies, Real Estate Developer, Art Collector and Philanthropist; 572 MBCC District RFQ December 12, 2012 Page 5 of8 • John Page, Global Spectrum Chief Operating Officer; • Aileen Ugalde, UM Corporate Counsel, Resident: and • Kathie Brooks, Budget and Performance Improvement Director, Resident. Due to potential conflicts, Mr. Berger and Mr. Page voluntarily recused themselves, and were replaced by Ms. Marilys Nepomechie, Architect I FlU Professor of Architecture I Preservationist and Resident, and Mr. Tim Nardi, Shore Club Hotel General Manager (at the time) and Resident. In addition, I subsequently recused myself, as I was being considered for the Interim City Manager position. The Committee convened on June 4 and 5, 2012. Seven (7) Proposers presented their respective qualifications to the Committee, with a question and answer session conducted after each presentation, following which the Committee scored and short-listed the Proposers. Sunshine Law Issue and Recommended Cure Shortly after the June Evaluation Committee meeting, a potential Sunshine Law issue raised with respect to the North Lincoln Lane Parking Lots RFP process, alleging that the City did not comply with the Florida Government in the Sunshine Law (the Sunshine Law), in that it did not open certain portions of the North Lincoln Lane RFP Evaluation Committee meeting (specifically, the portion pertaining to the Committee's final deliberations) to the public. As the City followed the same process with regard to the June Convention Center RFQ Evaluation Committee meeting, and though no protest and/or challenges had been alleged with the respect to the RFQ Evaluation Committee meeting, the Convention Center RFQ process was placed on hold. At the September 12, 2012 Commission Meeting, the City Commission directed the Administration to provide a status report on the Convention Center RFQ (as well as the North Lincoln Lane RFP) at the next scheduled Finance and City Wide Projects Committee (FCWPC) meeting. The Administration presented an update on both referenced RFP and RFQ at the FCWPC held on October 3, 2012. In response to the question of the potential Sunshine Law issue raised with respect to the North Lincoln Lane RFP, and while not conceding that the City had in effect violated the Sunshine Law, the City Attorney recommended that, in order to continue to proceed with both processes (the RFP and RFQ), in the abundance of caution, the City Attorney presented a variety of curative measures. After listening to the City Attorney's presentation, and hearing extensive public comment, the FCWPC recommended curing any alleged Sunshine Law violation raised with respect to the Convention Center RFQ, and further recommended (i) re-convening the original Evaluation Committee, (ii) have the Evaluation Committee view the Proposers' presentations (from the June 4 and 5, 2012 Evaluation Committee meeting), and (iii) deliberate in the Sunshine. Further, the Commission allowed that the Proposers should be given the option to be present to answer any questions from the respective committee(s), after listening to the videotaped presentations. The Committee's recommendation was forwarded to the City Commission. At its October 24, 2012 meeting, the City Commission adopted Resolution No. 2012-28046 accepting the recommendations made by the Finance and City Wide Projects Committee. 573 MBCC District RFQ December 12, 2012 Page 6 of 8 Evaluation Committee Meeting #2 On November 20, 2012, six (6) members of the original eight {8) Evaluation Committee members convened (Ms. Elsie Howard voluntarily recused herself, and Ms. Marilys Nepomechie was unable to attend due to a schedule conflict). It should be noted that SoBeCa, LLC and Flagstone Property Group voluntarily withdrew their respective proposals, leaving five (5) Proposers to be evaluated and ranked. See Attachment A for a matrix summary of information of the five (5) Proposers prepared by the City's consultant, Strategic Advisory Group (SAG). Under separate cover, I will be transmitting DVDs of all five (5) presentations and proposals. Following deliberations, which was publicly noticed and open to the public, and using the Evaluation Criteria set forth in the RFQ (as in page 3) above, the Evaluation Committee scored and ranked the Proposers as follows: Portman CMC * South Beach ACE ** CConnectMB Tum be After additional deliberation, the Evaluation Committee recommended to the City Manager to shortlist first ranked Portman CMC and second ranked South Beach ACE to move forward to Phase II of the RFQ. * See Attachment B for additional background information on Portman CMC, and its Lead Architect, John Portman & Associates and Bjarke Ingels Group, as well as the Proposer's approach to the master plan. ** See Attachment C for background information on South Beach ACE, and its Lead Architect, Office for Metropolitan Architecture (OMA), as well as the Proposer's approach to the master plan. In addition to the Evaluation Committee, the City's consultant, SAG, also provided the City Manager with its recommendation to shortlist only the two (2) top-ranked Proposers, Portman CMC and South Beach ACE. SAG indicated that, in its professional opinion, the top two teams lead by Portman and Tishman (South Beach ACE) have much better mixed-use, convention center/hotel, and ground-up development experience than the other teams. SAG further stated that in its 20+ years of experience in this line of work, a short-listed proposer has never withdrawn at this stage of an RFQ/RFP process. See Attachment D for SAG's recommendation. CITY MANAGER'S RECOMMENDATION After evaluating the proposals, including having reviewed each Proposer's original written submittal and having viewed the Proposers' individual oral presentation and the resulting Question & Answer with the Evaluation Committee, considering the recommendations of the Evaluation Committee and the City's consultant, SAG, and my own additional due diligence (see Attachment E), I concur with the 574 MBCC District RFQ December 12, 2012 Page 7 of8 Evaluation Committee's recommendation, and recommend that the City Commission short-list the top two (2) Proposers, Portman CMC and South Beach ACE, to proceed to Phase II of the RFQ process. While it may seem advantageous to have as many Proposers as possible for Phase II proposals, I am recommending to short-list no more than two (2) Proposers (to move forward with Phase II of the RFQ) for the following reasons: 1) Two Proposers will likely dedicate more resources and effort into the Phase II work when each has a 50% chance of success, as opposed to when there are a greater number of shortlisted development teams. 2) The community will be able to carefully focus its attention on two (2) Master Plan proposals, and not be burdened with having to attend several community meetings and study the intricacies of multiple Master Plans. 3) The City Administration can concentrate its negotiations with two Proposers and its detailed analyses of their proposed Master Plans, versus being stretched across multiple proposals, resulting in increased staff and consulting costs, as well as additional time that will be required managing multiple Proposers, and potentially resulting in further delays for the Convention Center improvements. 4) Finally, the total low aggregate scores for the 2 top ranked teams were very tight, with Portman CMC earning 8 points and South Beach ACE earning 11 points. There is a large point gap between #2 ranked South Beach ACE and #3 ranked CConnectMB (which earned 20 points), and #4 ranked Turnberry Village (earning 21 points). Consequently, for the reasons stated, the best course of action would be to move forward with the top two teams. TIMELINES The proposed general schedule for Phase 2 of the RFQ process is as follows: Jan -Kick-Off meeting with the Shortlisted Proposers -Walk-through assessment of the Convention Center -Community Meeting for initial public input Feb-Mar -Community Meeting -Shortlisted Proposers to present: • Guiding Principles for Master Plan based on community input • Preliminary Master Plans -City Commission Workshop -Revised Preliminary Master Plan -Draft Master Plans and Initial LOI terms to the Administration April -Refined Master Plans and LOI terms to the Administration -Community Meeting for presentation of refined Master Plans May -Commission Workshop • Presentation of proposed Master Plans and LOI terms 575 MBCC District RFQ December 12, 2012 Page 8 of8 June 5 -City Manager recommendation of the final Proposer(s) based on the negotiated LOI's and Master Plans -Commission approval of the successful Proposer(s) June-July -Term Sheet negotiations with the Proposer(s) based on substantive terms of the negotiated LOI(s) July -The final negotiated Term Sheet(s) presented to the City Commission for approval July or Sep -City Commission approval of the Term Sheet with the final successful Proposer Sep or Oct -Final project agreements presented to City Commission for approval If the proposed project requires a referendum, the most cost effective way would be to piggy-back on to the already scheduled elections in November 2013. CONCLUSION The Administration recommends that the Mayor and the City Commission adopt the resolution approving the recommendation of the City Manager to shortlist the two (2) top-ranked Proposers of Portman CMC and South Beach ACE which will proceed to Phase II of Request for Qualifications (RFQ) process for a public-private mixed-use development in Miami Beach for the enhancement of the Miami Beach Convention Center Campus/District, including the expansion of the Miami Beach Convention Center and development of a Convention Center Hotel (the RFQ); and authorize the City Manager to negotiate Letters of Intent (LOI's) with the shortlisted Proposers. T:\AGENDA\2012\12-12-12\MBCC RFQ Shortlist MEMO.doc 576 Miami Beach Convention Center District Hotel/Mix-Use Development Proposer Summary <( 1-z w () ~ < Roger Zampell 404-614-5045 rzampell@ portmanholdings.c om Portman Holdings • Master Developer Cirque du Soleil • Entertainment Developer Whitman Lanzenby Properties • Retail Developer CMCGroup Local, residential StrategicAdvisoryGroup Paul Diamond 212-708-6781 diamond @tishman.com Tishman Hotel & Realty • Master Developer UIA (Robert Wennett) • Local Developer Paul Dunstan, Plenary 604-638-3908 paul.dunstan@ plenarygroup .com Plenary Group • Co-Developer, long-term equity investor, financing lead arranger Tristar • Co-Developer and commercial development lead Jones Lang LaSalle Co-Developer, commercial Jonathan Kurry 305-682-4160 jkurry@turnberry.com Turnberry Associates • Managing Partner Canyon Capital Simon Property Group Partner Ira Mitzner 713-961-3835 imitzner@ ridadev .com RIDA Development Corporation ,...... ,...... ···-··--· Lt') Miami Beach Convention Center District Hotel/Mix-Use Development Proposer Summary John Portman & Associates • Lead Bjarke Ingels Group • Associate Fentress Architects • CC Architectural Planning WestS • Landscape Architect Revuelta Architecture lnt'l • Local David Plummer & Assoc. • Traffic engineering Schwebke-Shiskin & Associates (Veteran-owned firm) • Civil engineering StrategicAdvisoryGroup OMA * AMO Architecture • Master Planner and Lead TVS Design • CC & Hotel Technical Architect MWA • Landscape Architect Raymond Jungles • Local Landscape Architect Rogers Stirk Harbour + Partners • Lead Crawford Architects • Master Planner and CC Design Architect Kobi Karp • Local Architect Schwebke-Shiskin and Assoc. • Civil Conventional Wisdom • CC programming consultant Zaha Hadid • Lead Borelli & Partners • Local Balmori • Landscape Berenblum Busch • Proj Mgmt!Local Support Kimley-Hom • Traffic Tim Haahs • Parking Schwebke-Shiskin & Associates (Veteran-owned firm) • Surveyors Ross & Barruzzini • MEP DeSimone • Structural Chen Moore/Langan/Kimley-Horn • Civil Sequil LEED HKS • Lead Pelli Clarke Pell • Design Theme Architect Looney • Interiors Conventional Wisdom CC programming consultant 2 co ....... Lt') Miami Beach Convention Center District Hotel/Mix-Use Development Proposer Summary Led by developer Led by developer Led by developer Piper Jaffray (public finance) Goldman Sachs (public Jones Lang LasSalle finance CMC Construction (local) Tishman Construction Corp. I TBD HDC Associates (cost AECOM estimator) Charles Cinnamon PR (local) I Bilzin, Sumburg, Baena, Pathman Lewis Attorneys Public Relations Price & Axelrod • Legal, Land Use and • Legal, local Environmental Robert K. Futterman VM Diaz & Partners 1 Retail leasing and • r.ommunitv outn'!~ch_ Inc~ I merchandisina consultant StrategicAdvisoryGroup Led by developer BMO Capital Markets Led by developer AREA Property Partners Wellbro Building Corporation (pre-construction) 3 0) ....... Lt') Miami Beach Convention Center District Hotel/Mix-Use Development Proposer Summary • 1, 190-rm Hilton San Diego; • Revitalization of Times " .. .is an investor, developer and • 1 ,500-rm Fontainebleau • 1 ,400-rm Hilton Orlando; 2008 (master plan, Square; completed in 201 0 operator of public infrastructure • Town Square Las Vegas-2009 programming, capital raising, -Hotel, 200k sf E Walk with a focus on projects in Canada retail, restaurant, • Omni Orlando Resort; 2004 development management) and Australia." • 700-rm Westin Charlotte; 2003 retail/entertainment mega • Melbourne Convention Center entertainment, 1.5m sf -72Q-rm hotel, 2 golf • Peachtree Center Atlanta; complex -P3 • Aventura Mall, Aventura, courses, Ledbetter Golf 1965-1999 -14 city blocks, 11 • 863-rm Westin New York; • Humber River Regional FL-2.7m sf HQ, residential rental and office buidlings, 3 1 ,000+ room 2002 Hospital, Toronto-P3, raised • Turnberry Ocean Colony, for-sale, retail, office hotels, retail, fitness, parking • 790-rm Loews Miami $1 b+ of private capital Sunny Isles Beach, FL-• Central Station mixed-use, garages Beach; 1998 (advisory role) • Communications Security residential condo Orlando, master developer; • Embarcadero Center, San • 2,267 -rm WDW Swan & Establishment, Ottawa Canyon 2014 -residential, retail, Francisco; 1971-1989-retail, Dolphin; 1990 • NHS Health Care Complex, • Washington Hilton 2010 office, hotel entertainment • 1 ,209-rm Sheraton Ontario-project financing (acquired, renovation;) • 490-rm Sheraton Lake • Shanghai Center; 1990 -• Victorian Cancer Center, residential, retail, office, hotel, Chicago; 1992 Melbourne • W Austin and Residences, Buena Vista (equity partner entertainment • 600-rm Wyndham Rio Mar, • Bridgeport Hospital, Toronto Austin, TX; 2011 -hotel, in renovation); 2012/13 • Shanghai Expo Axis PR; 1996 Jones Lang LaSalle condo, retail, office AREA (development advisor); 2011 -UIA • Puerto Rico Convention • W Hoboken Hotel and • 2.8m sf Time Warner retail, office, exhibition, • 1111 Lincoln Road; 201 0-Center-development advisor, Residences, NJ; 2009-Center, NY; 2004-office, 0 entertainment Retail, office, parking strategic and business hotel and condo retail, hotel, condo, co • Marina Square, Singapore; • Starwood Urban Venture; planning • One Santa Fe, Los entertainment Lt') 1987 - 3 hotels, retail 2004-Hotel, retail, office • Washington DC Old CC Site Angeles, CA; 2014-• 1 ,230-rm Hyatt Waikiki • Americasmart, Atlanta; 1961-Redevelopment -real estate residential, retail, office • 1 ,639-rm Palmer House 2009-7.7m gsf wholesale advisor marketplace • GA Tech Technology Square • North Point, Boston, MA-Hilton CMCGroup -feasibility for retail, pre-development, 32.3 • 26 shopping centers and • 4000 Ponce de Leon, Coral academic, office space acres free-standing stores in Gables; 2001 -commercial • Fan Pier, Boston -Simon Poland • 174-unit Santa Maria, Miami; development manager for Owns or has an interest in 337 1997 hotel, residential, office, retail, retail real estate properties in • 374-unit Porto Vita, Aventura; recreation N. America and Asia comprised 2004 Tristar of 254m sf. In 2011, invested • CasaGrande, Miami Beach; • Miracle Mile Shops, Las $400m in new development/ 1993-condo, hotel, spa, retail Vegas-acquisition and redevelopment projects; • 166-unit Grovenor House, redevelopment of retail, expects to spend $1 b in 2012. CoconutGrove;2006 restaurant shops • 147-unit Bristol Tower, Miami • W South Beach Hotel & • St. Johns Town Center, Cirque du Solei! Residences-acquired old Jacksonville, FL; • Listed 9 theaters Holiday Inn, financed 2005/2008 -retail Whitman Lazenby demolition and construction • The Domain, Austin, TX; Bal Harbour Shops loanforW 2007-2009-retail StrattK~icAdvisoryGroup 4 Miami Beach Convention Center District Hotel/Mix-Use Development Proposer Summary • West Kowloon Cultural District • Jacob Javits CC expansion; • London Aquatics Center; • 3,067-rm Palazzo Hotel Las Masterplan, Hong Kong, current 2005/2011 Vegas;2006 • 366-rm Westin Warsaw; 2003 China; 2011 -Master Plan • National Assembly of Wales • Cairo Expo City expo and • 1 ,000-rm JW Marriott San • 700-rm Westin Charlotte; 2003 • Euralille Masterplan and • Congress Center, Rome conference center; currently Antonio PGA Resort; 2009 • Beijing Yintai Centre, office, Congrexpo Convention Center, • East River Waterfront, NY design planning • 800-rm Omni Nashville; 2013 residential, retail; 2008 Lille, France; 1994-Master • Wood Wharf Master Plan, • City Life Milano Residential • 1 ,400-rm Hilton Orlando; • Tomorrow Square, Shanghai, Plan and Lead Architect London -commercial, Complex, Milan, Italy; 2009 • Almere Masterplan, Almere, residential, hotel 2004/2014 residential, hotel; 2003 Netherlands; 201 0 -Master Crawford {CC Programming) • Eli and Edythe Broad Art • 1 ,01 0-rm JW Marriott Austin; • Wenzhou Zhixin Plaza, China, Plan and Lead Architect • Bartle Hall CC North Dock Museum, E Lansing, Ml; 2014 residential, retail; 2014 • Riga Port City, Riga, Latvia; Renovation, KC 2007/2012 • 3,025-rm Grand Venetian • 500-rm Renaissance and CC, 2007 -Master Plan and Lead • Perth Convention Centre, • Galaxy Soho (mixed-use}, Macau; 2007 Schaumburg, IL; 2006 Architect (museum) Australia Beijing; 2009/2012 • Quanzhou Exhibition Center, • Branson CC, Branson, MO • Jin Hongqiao lnt'l Center, • Zeche Zollverein Masterplan • Darwin Cove Convention & • Riverside Museum, Glasgow, China; 2013 China, office, retail, and Kohlenwasche, Essen, Exhibition Center, Australia Scottland; 2004/2011 • W Dallas Victory Hotel and entertainment; 2013 Germany; 2007 -Master Plan • Darwin Cove Master Plan -• Guangzhou Opera House; Residences; 2006-hotel, • International Autodrome and Lead Architect residential, hotel, retail, China; 2003/201 0 condo, retail Master Plan (mixed-use), (conversion) entertainment • Heydar Aliyev Cultural Centre, • W Hollywood Hotel and """'" China; 2003 • Pare des Expositions (PEX}, • Gosford Waterfront Development Azerbaijan; 2007/2012 Residences, LA; 2009-co • Guri New Town Master Plan Toulouse, France; In Design-Master Plan, Australia • King Abdullah Petroleum hotel, condo, retail Lt') (mixed-use), South Korea; Master Plan Kobi Karp Studies and Research Centre, • Dallas Convention Center 2010 • Cordoba Congress Center, • 538-unit 11 01 Brickell Riyadh; 2009/2012 Expansion and Renovation; • Songdo Landmark City Master COrdoba, Spain; 2007-Lead • The Strand Hotel • Rosenthal Center for 2002 Plan (mixed-use), South Architect redevelopment, Miami Beach Contemporary Art, Cincinnati; MGM Citycenter Las Vegas; Korea; 2010 • China Central Television • Cadillac Hotel 1997/2003 2009 -hotel, retail • Shanghai International Criuse Headquarters (CCTV) and redevelopment, Miami Beach • Stone Towers (mixed-use}, Terminal Master Plan (mixed-Television Cultural Center, • Versailles Hotel addition, Cairo; currently design use), China; 2004 Beijing, China; 2012 under Miami Beach planning construction -Master Plan • Terminus Multimodal National Expo Exhibition, • Milstein Hall, Cornell • Lincoln Theatre restoration Hoenheim Nord, France; China; 2012 University, Ithaca, New York; and reuse, Miami Beach 1998/2001 2011 -Master Plan and Lead The Capri South Beach Architect Master Plan • Dee and Charles Wyly Theatre, Dallas, Texas; 2009 -Lead Architect • Casa da Musica, Porto, Portugal; 2005 -Lead ltnltegieAdvisoryGroup 5 Miami Beach Convention Center District Hotel/Mix-Use Development Proposer Summary Bjarke • The Mountain, Copenhagen; 2008 -residential • 8 House, Copenhagen; 2010 -residential • Tallinn Town Hall, Estonia; in progress -town hall • West 57th, Manhattan; 2015-residential • Danish Pavilion, Copenhagen; 201 0 -city bike, harbor bath • Metrozone Master Plan, Hamburg; 2008-mixed-use • Superpark, Copenhagen; 2012 -public park • Beach & Howe, Vancouver; in progress -residential, retail • Slussen Master Plan, Stockholm -mixed-use • Chicago South Works Master Plan; in progress-mixed use • Chicago Navy Pier; 2012 -design services for competition West 8 (Landscape) • Miami Beach Sounsdscape; 2011 • Madrid Rio Master Plan; Spain; 2011 • Toronto Central Waterfront; 2009,2010,2013-2015 • Chiswick Park, London; 2008 • Yverdon-Les-Bains, Switzerland; 2002 ltntt@gi~AdvisorfGroup • Seattle Central Library, Seattle, Washington; 2004-Lead Architect TVS Design (CC/Hotel) • 2.3m gsf McCormick Place South Hall, Chicago, IL; 1998 • Cobo Center, Detroit, Ml; 2007 • 3.5m gsf Nanjing Conference and Exhibition Center, Nanjing, China; 2008 • Walter E. Washington Convention Center, Washington DC • 1 , 170-rm Marriott Marquis, Washington DC; 2014 under construction • InterContinental Hotel Buckhead, Atlanta, GA; 2004 • Hyatt Regency Trinidad, Port-of-Spain, Trinidad and Tobago; 2007 • Hyatt Regency Orlando, Orlando, FL; 2007 concept design MWA (landscape) • Brooklyn Bridge Park, Brooklyn, NY • Hudson River Park, New York, NY • Teardrop Park, New York, NY • Lower Don Lands, Toronto, Ontario, Canada • City River Arch 2015, St. Louis, Missouri • Hudson Park & Boulevard, New York, NY • Bailey Plaza, Cornell I lni<J<>t<>lht lth<>tv.> NY • Miami Beach Regional Library • Jackie Gleason Theatre • Miami Beach Convention Center Expansion Berenblum Busch (Proj Mamt/Supoort) • Miami Beach Historical Hotel Restoration • FlU School of Architecture • FlU School of Business Balmori (Landscape) • Campa de Los lngleses Park • Miami Performing Arts Centre Theme) • 4,004-rm ARIA Resort & Casino; 2009 • Petronas Towers, Kuala Lumpur; 1997 -office, entertainment, retail • Porta Nuova Garibaldi, Milan; 2012-residential, office, retail, hotel • Las Palmas Master Plan, Spain; 2005 -waterfront plan • Torre Libertad, Mexico City; 2009 -hotel, residential • Adrienne Arsht Center for the Performing Arts, Miami; 2006 • Renee and Henry Segerstrom Concert Hall, N Costa Mesa; 2005 co • Riverview Plaza, China; 2015 Lt') -office, residential, retail • The Landmark, Abu Dhabi; 2013-office, residential 6 Miami Beach Convention Center District Hotel/Mix-Use Development Proposer Summary • Sante Fe Convention Center; 2008 • Pasadena Convention Center expansion; 2009 • Palm Springs Convention Center expansion; 2006 • CO Convention Center expansion; 2004 • San Diego Convention Center expansion; in progress Revuelta (Local) • 204-rm Saxony Hotel, Miami Beach; under construction • 156-rm Ritz Carlton Club & Residences, Miami Beach; cancelled • 174-unit Santa Maria condominiums, Miami; 1997 • EPIC Residences & Hotel, Miami; 2008 -hotel, condo, office • 600 Biscayne, Miami; N/A-residential, office, retail • 433-unit Neo Vertika, Miami; 2006 • 338-unit Jade Residences, Miami; 2004 530-unit MINT, Miami; 2006/2008 $t.-egicAdvisoryGroup ymond Jungles (landscape. local) • New World Symphony, Miami Beach,FL • Miami Beach Botanical Garden, Miami Beach, FL • Soho Beach House, Miami Beach, FL • Saxony Hotel, Saxony Arts District, Miami Beach, FL • Brazilian Garden, Naples, FL 7 M co Lt') Miami Beach Convention Center District Hotel/Mix-Use Development Proposer Summary Key team members have Key team members have Key team members have Key team members have Key team members have experience with the firm's experience with the firm's experience with the firm's experience with the firm's experience with the firm's development projects listed development projects listed development projects listed development projects listed development projects listed 0 J.'m::hitect I Portman OMA Rogers Stirk Harbour+ Zaha Hadid HKS Key team members have Partner-in-Collaboration Partners Key team members have Key team members have experience with the firm's listed on all submitted Key team members have experience with the firm's experience on few of the projects listed projects, Partner-in-Charge experience with the firm's projects listed firm's projects listed on three projects listed TVS Pelli Key team members have Crawford Architects Key team members have experience with majority of Key team member (Stacy experience with the firm's the firm's projects listed Jones) has experience with projects listed MWA the firm's projects listed Key team members have I I oq-experience with the firm's Kobi Karp co projects listed Key team member (Kobi) Lt') Jungles has experience with two of Key team members have the firm's projects listed experience with the firm's listed St,ategicAdvisoryGroup 8 Miami Beach Convention Center District Hotel/Mix-Use Development Proposer Summary • Proposed community forums, group conversations and community workshops • Outlined steps to working with the City • Discussed broad planning issues • Committed to design deliverables and all physical planning deliverables, including market/economic analysis, traffic, etc. $trat(!gjcAdvisoryGroup • Desire 3 months for LOI stage • Propose to engage in a series of "intimate collaborations" • Outlined City staff/consultant engagement • Outlined an understanding of locaVdistrict/neighborhood design issues • Committed to design deliverables beyond those outlined in RFQ, including renderings and "explanatory animation fly though" and a massing model to appropriate scale • "Look to spend 6-8 months engaging directly with the Miami Beach community ... Master Plan ... 12-18 months ... will work to more rapidly deliver ... " • Outlined local community engagement • Outlined City staff/consultant engagement • Outlined an understanding of local/district/neighborhood design issues • Did not outline any special design deliverables • Outlined plan to work with the City with the execution of the required • Desire 4 months for LOI stage • Propose to engage in a series of "community design workshops", listed over 20 local organizations to engage • Outlined City staff/consultant engagement • Outlined an understanding of local/district/neighborhood design issues • Committed to design deliverables beyond those outlined in RFQ, including renderings and ''fly though animation" and a physical model • Desire 4 months to complete • Proposed community forums, group conversations and community workshops • Outlined steps to working with the City; propose 9 meetings • Discussed broad planning issues but did not discuss specific to Miami Beach issues/understanding • Committed to design deliverables beyond those outlined in RFQ, including renderings and "animated ~ fly though" and a physical Lt') model 9 Miami Beach Convention Center District Hotel/Mix-Use Development Proposer Summary Primary investors include: Primary investors include: Australian/Canadian P3-Primary investors include: I Focused primarily on hotel • Portman Holdings • Tishman Hotel Realty -"In focused firm • Turn berry -''The firm component • CMCGroup the last 15 years, ... raised • Plenary finances public invests it's own equity in $5.1 b of equity and debt for every deal." Primary investors include: "All members of the it's projects." components • Canyon Capital -"$18b of • RIDA development team will • UIA-"In the last 15 years, • Design-build fixed price capital under • AREA Property Partners ... raised $500m of equity guarantee management... In the past provide significant and • Repaid over time -fixed meaningful proprietary equity and debt for it's projects." monthly "availability 1 0 years Canyon has "We understand a significant •AECOM invested $1.2b in equity in capital, along side the larger payments", repaying 44 projects ... Would provide equity investment will be debt and equity partners." Plan to finance each project construction costs and either debt or equity required and are committed, ongoing maintenance of financing ... " along with our long-standing ''The development team will component independently to the facility • Simon partners, to provide the commit to fund the pre-maximize ground rent to the • Repaid from project-necessary capital to development cost. .. " city. generated sources (land BMOCapital compliment the debt." sales, TIF, parking, etc.) Goldman Sachs and other public sources • Described the use of TIF, Discusses two approaches to • Described the use ofTIF, (hotel tax) land sales, CBDs, PILOT, Discuss public component financing land sales, CBDs, PILOT, and other P3 tools to make financing broadly I~ • Traditional Model-and other P3 tools to make Commercial investors on project feasible Development team owns project feasible team include: and finances hotel, retail, • Plenary-"Plenary Group "It is important to note that residential, entertainment, ''THR has had institutional will invest its own money in an upfront payment to the parking. City owns and partners in its hotel the project." City, which could cover the finances convention center costs of improvements to and civic facilities. developments which • JLL-to raise money from • P3 Model -Does not clearly have ... a long-term hold third parties the convention center, is an describe this approach perspective rather than build • Tristar option that is very much on and sell." the table and the parties in Piper Jaffray I the development team have • Described the use of resort the wherewithal to do it." tax revenue bonds, TIF, and 1 I I "As part of the planned the county $55m to make project feasible convention center expansion, a headquarter hotel may be built directly as of the Strl,ltegicAcMsoryGroup 10 Miami Beach Convention Center District Hotel/Mix-Use Development Proposer Summary SOOilll!Hlprocurement soooooooprocurement SOIIDlllprocurement soooooooprocurement SD[JJODODprocurement * A~knnwi!>rln letter 0 0 0 0 0 * Questionnaires I 0 5 pending lawsuits (CMC) I I Plenary -did not respond to I 12 pending lawsuits 3-5 Approx $22m judgment held 1 I~ JLL-cannot answer with 1 between 2 principals certainty contract refusal/default JLL-due to size, included in various lawsuits * c1rv of MB Certificate ~ 0 I D I 0 I n/a Annual Fire Fee (CMC Group) (UIA) (Tristar) mmmm Tax Included Combined Tax Memorandum AdvisoryGroup 11 HM II INTRODUCTION The following is a response to the City of Miami Beach Request for Qualifications to develop the proposed Miami Beach Convention Center District prepared by the Master Developer Team of Portman Holdings and CMC Group (Portman-CMC). These two development companies have been responsible for the design, development, and construction of several comparable and successful projects around the world and offer extensive benefits as a partner to the City of Miami Beach and to its residents and visitors. The aspirations for the new Miami Beach Convention Center District include specific real estate assets as well as the more difficult- to-define ideals that identify a neighborhood where people can enjoy a memorable experience. Across many years, many regions of the world, and many circumstances, the Portman-CMC team has delivered not only valuable real estate assets and attractive returns, but has also created new senses of place and user experiences in iconic buildings and spaces that characterize an area like the new Miami Beach Convention Center District. The Portman-CMC team has the proven ability to deliver a world-class Convention Center, ballroom and convention center hotel, and create iconic retail, entertainment and cultural venues, additional state-of-the-art parking facilities and systems, and other public spaces that will strengthen Miami Beach's economic base and connect the vibrant Lincoln Road pedestrian mall to the Collins Park cultural district and Miami Beach's more recent cultural institutions-New Word Symphony and Soundscape Park. TEAM A truly global team is comprised of Miami's finest, as well as some of the world's most accomplished real estate, design and lifestyle professionals. This group of firms represents a multinational network of financial and intellectual resources, with unmatched experience in real estate projects of the scale and quality outlined in the Miami Beach RFQ. The Portman-CMC team offers Miami Beach a comprehensive set of expertise and capabilities necessary to transform this concept into a vibrant reality, and includes on an exclusive basis Cirque du Solei! and the Whitman Lazenby Family, owner of Bal Harbour Shops. Development Architecture Finance Construction Mgmt. Traffic Engineering Civil Engineering Public Relations Portman Holdings -Atlanta, Shanghai, Mumbai, Hong Kong CMC Group-Miami/Miami Beach Cirque du Solei! -Quebec, touring 300+ cities on 6 continents Whitman Lazenby Properties, a subsidiary of Bal Harbour Shops, LLP -Bal Harbour John Portman & Associates -Atlanta, Shanghai Bjarke Ingels Group -Copenhagen, New York Fentress Architects -Denver West 8 -Rotterdam, Belgium, New York, Toronto Revuelta Architecture International-Miami/Miami Beach Piper Jaffray-28 US offices, London, Hong Kong and Zurich HDC International -Atlanta CMC Construction -Miami/Miami Beach David Plummer & Associates -Coral Gables, Fort Meyers Schwebke-Shiskin & Associates (a Florida veteran-owned business) -Miramar Charles Cinnamon PR (a Miami Beach vendor)-Miami Beach PORTMAN + CI\/C GHOUP 588 T~~m O~G~NIZ~TION THE PORTMAN-CMC TEAM The following is an introduction to the firms that have committed their resources to ensure the successful delivery of this incredible opportunity. This team shares the vision of the City of Miami Beach to create an area that will enable the region to attract high impact conventions, meetings and tradeshows in an increasingly competitive environment, while enhancing the architectural and cultural assets of the community with public spaces, amenities and economic benefit to the City and its residents. The broad experience and proven effectiveness of this team in similar developments cannot be overstated. Portman-CMC offers expertise in assessing project opportunities to ensure that the design and the development address all stakeholder needs, market realities and conditions for economic viability. Among the most significant strengths of the team is its long track record of participation in private and public-private partnerships and projects requiring collaboration among key government agencies. Whitman Lazen Properties Finance PoRrMAN HOLDINGS + CMC GROUP Traffic MASTER DEVELOPMENT TEAM Developer Entertainment Development p L[liNGS CIR~E DU SOLEIL DESIGN TEAM Lead Architect, Master Planner 1 jOHN PORTMAN & ASSOCIATES Associate Architect Landscape Architect Civil Engineering Public Relations il 589 ~-----llk·-------i8lllillllllllllilllllllllilllllt __ _ MASTER DEVELOPMEI'H TEAM Retail Development PORTMAN HOLDINGS ior over years. The firm focus on convention center Convention Dist1·ict will be CMC GROUP venture of Portman the team as MASTER DEVELOPMENT TEAM PC)Rfi'vi/\1'-J HOL IN H and commercial Entertainment Development DU SOLEIL company that has been in with who can be reached at 404-614-5045 or '-"'~'-'·"'-""-"-'-·'--""--'""-'-"-'-·'--'··"-'-'--~"'-'-'··'·~""-'1.El· and investment company, and is as one condominium and commercial for the Miami Beach Convention Art who can be reached at 305-372 0550 or ·"-'-'-'-=-'"-'-'''--·"""'~"'-'--'-''·"'"'"'='-'e·=-'-"-"'-'-'·"'· for the • Construction phase and asset 590 T~~m O~G~NIZ~TION CIRQUE DU www. cirquedusoleil.com Cirque du Solei I has brought wonder and delight to more than 100 million spectators in more than 300 cities in over forty countries on six continents. From a group of 20 street performers at its beginnings in 1984, Cirque du Soleil is now a major Quebec-based organization providing high-quality artistic entertainment. Cirque du Soleil has created a number of resident shows to complement their touring repertoire. If Portman-CMC is selected as master developer of the new Miami Beach Convention Center District, Cirque du Soleil will create a permanent facility in the new Miami Beach Convention Center District for Cirque du Soleil shows and performances. Cirque du Solei I will design a series of places and experiences within the development that will breathe life, surprise and fun into the project. Cirque will create an event space that will provide audience entertainment experiences and more, serving the local community and drawing people from afar. Cirque du Soleil's roles and responsibilities will include: • Conceptualization, programming and design of a permanent facility for Cirque du Soleil • Conceptualization and programming of other entertainment venues proposed for the project Primary leadership for the Miami Beach Convention Center District will be provided by Martin Boudreau, who can be reached at 514-723-7646 or martin.boudreau@cirquedusoleil.com. WHITMAN LAZENBY PROPERTIES www.balharbourshops.com Whitman Lazenby Properties is a subsidiary of Florida's Bal Harbour Shops-principals of the 400,000 square foot, open-air shopping center home to a coveted list of over 100 high-end retailers. It is the highest performing retail development per square foot in the United States. Whitman Lazenby Properties' roles and responsibilities will include: • Retail conceptualization • Retail programming and tenant mix • Retail design and development • Marketing the retail components of the project Primary leadership for the Miami Beach Convention Center District will be provided by Matthew Whitman Lazenby, who can be reached at 305-866-0311 or mwl@bhs.sc. POR!MM< Hot OINGS + GROUP l") 591 I I MASTER DESIGN TEAM The Master Design team will be led by Lead Architect and Master Planner, John Portman & Associates, and also include Bjarke Ingels Group and West 8. John Portman has over fifty-five years of experience designing mixed-use complexes and iconic hotels, many of which are paired with convention centers. Bjarke Ingles has an impressive resume and has created a reputation for completing buildings that are as programmatically and technically innovative as they are cost and resource conscious. West 8, the firm that just completed Miami Beach's Soundscape Park, is a step ahead in thinking of how to make a continuous and integrated urban experience for users. This diverse team is poised to create a series of specialized concepts that are conceived in a way that allows for the continuous urban environment that the City of Miami Beach envisions for its new Convention Center District. Lead Architect, Master Planner jOHN PORTMAN & ASSOCIATES Associate Architect Convention Center Landscape Architect JOHN PORTMAN & ASSOCIATES www.portmanusa.com John Portman & Associates has over fifty-five years of experience designing hotels and mixed-use projects. Firm founder, John Portman, created the first modern atrium hotel in 1967 with his design of the Hyatt Regency in Atlanta. Since then, JPA has designed many large architecturally innovative hotels in cities like New York, Los Angeles, San Francisco, San Diego, Shanghai and Beijing. These hotels are paired with convention centers and have specific programmatic and physical requirements that JPA has become a specialist in addressing. JPA's roles and responsibilities will include: • lead architect • Lead master planner • Hotel design • Residential design • Commercial design Primary design leadership for the Miami Beach Convention Center District will be provided by John C. Portman Jr., Chairman and Gordon Beckman, Design Director. 14 PORTM/~N HOLDlNGS .... CiviC GROUP 592 TI~ffi O~G~NIZ~TION BJARKE INGELS GROUP www.big.dk Bjarke Ingels Group (BIG) was founded by Danish architect Bjarke Ingels, and has amassed an impressive resume in a short period of time winning numerous important design commissions and awards. With offices in Copenhagen and New York, the firm focuses on architecture, urbanism, research and development. They are a generalist firm with unique concepts and formal dexterity that has generated great projects. BIG's roles and responsibilities will include: • Image and identity of convention center • Public and civic facility design • Parking design Primary leadership for the Miami Beach Convention Center District will be provided by Bjarke Ingels, Lead Designer. WEST 8 www.west8.nl West 8 just finished Soundscape Park across the street from the Miami Beach Convention Center on time and on budget. The park has received a positive response from the public and design critics alike. As Miami Beach continues to assemble a great collection of one-of-a-kind buildings, it will be important to also develop a public space network that can knit those different parts together into a cohesive whole. West 8 is already thinking about how to extend some of the features and functions of Soundscape Park, linking it to the Convention Center and other redevelopment areas. West 8's roles and responsibilities will include: • Conceptualize urban design strategy • Landscape architecture design • Outdoor Public Space design Primary leadership for the Miami Beach Convention Center District will be provided by Jamie Maslyn Larson, RLA, ASLA Principal and Partner. FENTRESS www.fentressarchitects.com Fentress Architects, who specialize in the programming, planning and functional efficiency design of convention centers, will support BIG and ensure that concepts can be executed on time and on budget. Fentress has designed more than 8 million square feet and $2 billion in convention space. The creation of inspirational architecture has been Fentress Architects' mission for more than three decades. Fentress's roles and responsibilities will include: • Convention center programming, phasing and functional aspects • Convention center renovation and expansion Primary leadership for the Miami Beach Convention Center District will be provided by Michael Winters, AlA, Principal. REVUELTA ARCHITECTURE INTERNATIONAL www.revuelta-architecture.com Revuelta Architecture International was founded with a commitment to provide clients quality designs balanced with sustainable and economically feasible solutions, delivered within stringent time schedules. Revuelta's roles and responsibilities will include: • Local architectural support • Architect of record as required Primary leadership for the Miami Beach Convention Center District will be provided by Luis Revuelta, LEED AP, Principal in Charge. PDIUMi\N HOI.DINGS + CMC GHOUP 593 KEY CONSULTANT TEAM Design and development are not the only expertise needed to realize a large mixed-use complex. Experienced consultants in the fields of finance, engineering·, management and even communication are key members of the team. Finance Traffic Civil Engineering Public Relations Construction Mgmt & . n CHAfiLEI CINNAMON PIPER JAFFRAY & CO. www.piperjaffray.com Piper Jaffray & Co. is a global, publicly traded investment banking firm (NYSE ticker: PJC) that provides a broad set of products and services, including public finance services; equity and debt capital markets products; mergers and acquisition advisory services; institutional equity and fixed income sales and trading; equity research; and asset management services. Piper Jaffray's roles and responsibilities will include: • Lead the effort in the structuring of any public investment in the project through a traditional or public/private solution Primary leadership for the Miami Beach Convention Center District will be provided by Peter Phillippi, Managing Director. DAVID PlUMMER & ASSOCIATES www.dplummer.com David Plummer & Associates offers complete civil engineering services, including transportation planning, traffic engineering, major highway /roadway design, minor structural engineering, signalization design, site civil engineering, as well as post-design services. The firm is based in Coral Gables, Florida. DPA's roles and responsibilities will include: • Traffic impact analysis Primary leadership for the Miami Beach Convention Center District will be provided by Timothy J. Plummer, President. SCHWEBKE-SHISKIN & ASSOCIATES www.shiskin.com Schwebke-Shiskin, a Florida veteran-owned firm, is a multi-discipline company offering comprehensive professional services in Civil Engineering, Land Surveying and Land Planning. The firm was founded in 1947 by Harry Schwebke and now employs approximately forty with its corporate office in Miramar, Florida. Roles and responsibilities will include: • All civil engineering on site Primary leadership for the Miami Beach Convention Center District will be provided by AI Tello and Mark Johnson, Principals. 16 PORTMAN + CMC GHOUP 594 T~~m O~G~NIZ~TION CMC CONSTRUCTION INC. www.cmcgroupmiami.com CMC Construction Inc. is a licensed general contractor that has constructed a number of CMC Group's projects and other third- party assignments. Roles and responsibilities will include: • Construction Management • Phasing analysis • Preliminary cost estimating Primary leadership for the Miami Beach Convention Center District will be provided by Tim Wensing, President. HDC INTERNATIONAL HDC International provides predevelopment through final construction services for select clients, including multiple convention centers such as the Gaylord Palms, Puerto Rico and the Renaissance Schaumburg Hotel and Convention Center. They specialize in the financial management of construction projects and their risk areas, from project inception to completion. Roles and responsibilities will include: • Preliminary cost estimating/budgeting • Scheduling • Scope description and review Primary leadership for the Miami Beach Convention Center District will be provided by Dale Cheek, Principal. CHARLES CINNAMON PR Charles Cinnamon is a publicist and Miami Beach vendor with more than fifty years of experience in the field of communications as it relates to entertainment and lifestyle. His roles and responsibilities will include: • Media, community and stakeholder relations PORTMAN HOLDINGS+ CMC GROUP 17 595 PORTMAN-CMC TEAM Portman-CMC is a partnership with over 80 years combined experience in the field of commercial real estate. The team is familiar with precisely what it takes to program, plan, finance and construct places that people want to experience in a variety of ways. This is why one of the world's most sought-after entertainment organizations, Cirque du Solei!, has agreed to partner exclusively with Portman-CMC in responding to the City of Miami Beach's RFO. It is also why Whitman Lazenby Properties, whose principals own and operate the highest producing retail facility per square foot in the nation, has also exclusively partnered with Portman-CMC. PORTMAN HOLDINGS Founded: 1953 p RTMAN HOL INGS Employees: 120 Throughout the past 60 years, Portman Holdings has raised and deployed over $6 billion and developed over 50 million square feet of premium real estate. The vertically integrated real estate development, investment, and management company commands a successful global network and has a proven track record with the world's top financial institutions. Portman Holdings specializes in hospitality, office, and mixed-use properties. The company continues to achieve success through investor, partner, and client relationships that deliver exceptional real estate projects and produce strong financial returns. Teams in our global offices seamlessly connect to develop, finance, and manage a diverse portfolio in the world's core and emerging markets. The legacy portfolio spans six decades and includes 15,000 hotel rooms, 28 million square feet of mixed-use developments, and several major urban landmarks across North America, Asia, and Europe. Independently and in partnership, the Portman entities currently own a diversified portfolio of real estate in excess of 10 million square feet and exceeding $1.5 billion in aggregate value. Portman Holdings' proven success over many years and real estate cycles provides strong support for the company's current investment platforms and acquisition, development, and management strategies. FINANCIAL CAPABILITIES: Portman Holdings, LLC, the respondent to the RFO, is wholly owned by the Portman Family. The activities of Portman Holdings are supported financially by Portman Financial Inc., a holding company owned by the Portman Family. As a privately owned company, Portman Holdings does not release financial statements. However, Portman principals will be glad to discuss the company's financial capabilities with City of Miami Beach officials at the appropriate time in the Miami Beach Convention Center District development process. Since Portman was founded, the company has raised over $6 billion in various debt and equity instruments to finance premier real estate developments throughout the world. In terms of equity capital, Portman has worked with major institutional capital sources such as pension funds, sovereign wealth funds, insurance companies, opportunity funds, domestic and international banking institutions, family offices and high net worth individuals. To source debt, the company has developed relationships with most major US and international banks. On recent developments, Portman Holdings has worked with capital partners and sources such as: -Starwood -San Diego National Bank -SunTrust Bank -Prudential -Skanska -Citigroup Property Investors -Samsung -AIG -Industrial and Commercial Bank of China -Hyundai -Kajima Corp. -ADIA f'ORTMAN hOUJINGS + GROUF 596 1 Below are a few examples of Portman's recent projects and experience in financing public-private and mixed use developments. • Portman House I Jian Ye Li will open in Shanghai this year. The $150 million mixed-use historical preservation redevelopment was financed with $75 million in private equity from Portman, HengFu Properties and Citigroup Property Investors, and $75 million in senior debt from the Industrial and Commercial Bank of China. • The Hilton San Diego Bayfront Hotel was financed privately. $100 million in private equity was contributed by a consortium consisting of Hilton, lNG Clarion, Portman Holdings and Phelps Development. San Diego National Bank provided a $243.6 million construction loan. • The $143.5 million Westin Charlotte hotel was developed through a public-private partnership between Portman and the City of Charlotte, which provided $25 million through the sale of taxable bonds and $16 million in a city grant. Bank of Nova Scotia was the lead lender. • Peachtree Center was built in several phases from 1961 through 1999. Throughout the process, Prudential, EES, Trammell Crow, Marriott and Portman invested equity in various buildings. Debt came from Citibank, Sun Trust, Wachovia (CMBS), Bank of America and Fleet Bank. To date, the 14-city-block complex cost $900 million to develop. • Between 1980 and 1990, Portman assembled financing for the $315.7 million Shanghai Centre. An international partnership of AIG, Kajima Corporation and Portman all provided equity financing for the project. Debt came from a large syndication led by Bank of China, Industrial Bank of Japan, and First Chicago Bank. • Singapore Land, Shing Kwan Investments, C.Y. Paul, Lim Soe Liang, and Portman provided equity financing for the $590 million Marina Square development in Singapore. Debt was provided by United Overseas Bank, Overseas Union Bank, and Post Office Savings Bank. • Embarcadero Center was envisioned by the San Francisco area government, but it was David Rockefeller, Prudential, Trammell Crow and Portman with equity financing, and Prudential and Bank of New York with debt financing, among others, who made the million project a reality in multiple phases between 1971 and 1989. Portman Holdings' key personnel on the Miami Beach Convention Center District project are outlined on the following pages. +CMC 597 ROGER ZAMPELL As senior vice president of development for Portman Holdings, Roger directs the company's domestic development efforts. He identifies and executes new real estate development opportunities with a focus on mixed-use development of hotel, office, residential, and retail centers. Since 1983, he has been responsible for the programming, design, construction and development of multiple domestic and international Portman Holdings' projects. Roger has worked extensively with project owners throughout Asia. He successfully directed Portman's efforts as owner /developer of The Westin Charlotte Convention Center Hotel, a public private partnership with the City of Charlotte, and the new 1,200 room Hilton San Diego Bayfront Hotel and parking garage in collaboration with the Port of San Diego. Roger's broad range of experience, from design to project management to business administration, imparts a unique perspective to project development. He holds a B.S. degree in architecture from Georgia Tech, a Master's degree in architecture from the University of Colorado, and an MBA from Emory University. A member of ULI, Roger is also a licensed architect in Georgia and California. He speaks frequently on the various aspects of design and development of hospitality and mixed-use projects. + CMC CF~OUP 598 PORTMAN HOLDINGS EDUCATION B.S. Architecture-Georgia Tech M.A. Architecture-University of Colorado MBA-Emory University EXPERIENCE 39 years PORTMAN H OLD!NGS EDUCATION Bachelor of Commerce (Honors)- University of Rajasthan, India MBA-Melbourne Business School, Australia EXPERIENCE 17 years AFFILIATIONS: Real Estate Round Table Georgia State University J. Mack Robinson College of Business Real Estate Department Honorary Board Member AMBRISH BA!SIWALA ChiE:f Officer Ambrish is responsible for the management and profitability of Portman Holdings. He oversees the overall operations of Portman Holdings, including real estate development, investment, and capital raising across the US, China, India and South Korea. Ambrish joined Portman Holdings in 2006. Ambrish brings over 17 years of global real estate experience to his role at Portman. Prior to joining Portman, he was Development Director of ALDAR Properties PJSC in Abu Dhabi, UAE, where he was responsible for a development portfolio in excess of $30 billion. Earlier in is career, he was Development Manager for the Greater Union Organization for the Middle East and India. Prior to that, Ambrish held various senior positions with Coopers & Lybrand Consulting and the TATA Group. Ambrish has worked in the USA, India, the Middle East, South East Asia, and Australia, across a broad spectrum of property types and responsibilities. His broad geographic and work exposure brings a strong corporate strategy and property development skill set to Portman Holdings. Ambrish has a Bachelor of Commerce (Honors) degree from the University of Rajasthan, India, and a MBA from the Melbourne Business School, Australia. PORTMAN HOLDINGS + CMC GROUP 599 RICHARD JONES Chief Operating Officer Richard is responsible for leading Portman Holdings' global asset management and property management functions and works closely with Portman's teams in the US, China and India supporting the execution of ground-up development, acquisitions, and capital raising. Richard has over 20 years of diverse hospitality and commercial real estate experience spanning operations, asset management. and development. Prior to joining Portman Holdings in 2005, Richard worked for some the most respected hotel development management companies in the industry, including Hardin Capital, Noble Investment Group, and Marriott International. He studied economics at Louisiana State University, and is an active member of the Hospitality Asset Management Association. PORTMAN HOLDlNGS "' CiviC GHOUP 600 PORTMAN HOLDINGS EDUCATION Louisiana State University EXPERIENCE 20 years AFFILIATIONS: Board of Directors, Central Atlanta Progress Board of Advisors, Metro Atlanta Chamber 26 PORTMAN HOLDINGS EDUCATION B.B.A. Real Estate-Georgia State University Georgia State University: • Endowment Fund Board of Trustees and Real Estate Committee • Real Estate Department Honorary Board of Directors • Graduate-level Instructor-Real Estate Capital Markets EXPERIENCE 27 years AFFILIATIONS: FINRA Securities-Series 24, 7, and 63 UL! Atlanta Board Member and Capital Markets Chairman JEFF WARWICK Managing Director-US Jeff leads aU aspects of the company's domestic hotel, office, and mixed-use acquisitions platform. Working closely with the company's asset management and capital teams, Jeff is responsible for sourcing and executing new deals across target markets as well as representing the company with third parties, including global and local partners, and other key relationships. Additionally, jeff interacts wlth Portman's international business in capital raising and investor relations. Before joining Portman Holdings in 2011, Jeff served as a senior real estate commercial/investment banker and business manager at Bank of America Merrill Lynch. As a Region Executive, Jeff developed and led a multi-$B line of business focused on middl!:rmarket real estate companies and large commercial projects throughout North America. As Managing Director, Jeff developed and led a multi- $B line of business focused on public real estate companies, REIT IPO/LBOs, M&A, and asset acquisitions throughout North America. Jeff has individually originated, structured, and closed over $50 billion in on- balance sheet debt capital and has 27 years of senior leadership experience in commercial real estate, capital markets, and financial services. Through numerous IPOs and corporate real estate acquisitions, Jeff has served as a trusted capital markets advisor to the CEOs/CFOs of well-known public and private companies, across multiple cycles, markets, and products. He earned a bachelor's degree in real estate from Georgia State University where he serves on the GSU Foundation (Endowment Fund) Board of Trustees and Real Estate Committee, on the Real Estate Department Honorary Board of Directors, and as a graduate-level Instructor of real estate capital markets. As a full member of ULI, Jeff has served as Chairman for the Capital Markets and Sponsorship Committees of Ull Atlanta. jeff holds FINRA Series 7, and 63 securities licenses, is a frequent real estate conference speaker, and is active as a leader in numerous industry and community organizations. PORTMAN HOLDINGS + CMG GROUP 601 CMC GROUP Founded: 1987 Employees: 50 Headquartered on Brickell Avenue in Miami, Florida, CMC Group is a full-service real estate development, construction, and investment company, and is recognized as one of South Florida's premier luxury condominium and commercial developers. Founded by Ugo Colombo in 1987, CMC Group is thoroughly skilled in the various disciplines necessary to succeed in today's real estate market. CMC's management expertise and experience in acquisition, financing, construction and marketing, coupled with its financial resources, have resulted in development of numerous successful projects and provides the framework for CMC's continued growth and success. During the past twenty-five years, CMC has focused on Miami-Dade County's most dynamic markets-Brickell Avenue, Aventura, South Beach and Coral Gables. Recognizing Brickell Avenue's potential, CMC developed Brickell's first new luxury condominium building in nearly ten years, Bristol Tower. Completed in September 1993, Bristol Tower enjoyed tremendous success and led to CMC's development of Santa Maria, a 174-unit luxury condominium on Brickell Avenue north of Bristol Tower. Rising 52 stories, Santa Maria remains the premier residential condominium building in South Florida. In 1994, CMC formed a joint venture with Turn berry Associates to develop Porto Vita in Aventura, Florida. Located on the Intercoastal Waterway adjacent to the Turn berry Resort and Country Club and Turnberry Isle, this luxury 374 unit luxury residential development includes waterfront townhomes, two (2) mid-rise condominium buildings, (2) high-rise condominium towers and the 35,000 square foot Villa Grande Club, which includes a European spa, two restaurants and other recreational amenities. The final building, the 122-unit North Tower, was completed in 2004. CMC also was a major force in the rejuvenation of South Beach. CMC acquired, renovated and operated the Waldorf Towers Hotel. After the sale of Waldorf Towers, CMC purchased two old, Art Deco-style properties and developed Casa Grande, a 34-unit condominium/hotel/retail property on Ocean Drive. This ambitious project consisted of the demolition of the previous structures and reconstruction of Casa Grande while maintaining the historic facades. In 2001, CMC Group completed 4000 Ponce/The Collection, a mixed-use development in Coral Gables, Florida. This 815,000 square foot development includes 150,000 square feet of class A office space, 33,000 of retail space, and The Collection, a seven- franchise luxury automobile dealership (Jaguar, Porsche, Ferrari, Maserati, Aston Martin, Audi, Mclaren). This project anchors the former Coral Gables Industrial District, which is a major South Florida retail and office destination with 4000 Ponce/ The Collection and the Village of Merrick Park, a 1 million square foot office/retail/residential development. CMC's most recent development projects were Grovenor House, a 166-unit luxury condominium in Coconut Grove, and Epic Residences and Hotel, a 55-story luxury condominium and hotel in downtown Miami. Completed' in 2006, Grovenor House is a 32-story condominium tower located on South Bayshore Drive in the heart of Coconut Grove. With its stunning architecture and nautical-inspired common areas designed by Italian architect Michele Bonan, Grovenor House achieved the highest price per square foot in this market and remains the most desirable address in Coconut Grove. Completed in 2008, Epic Residences and Hotel set a new standard for luxury in downtown Miami. Located at the mouth of the Miami River, Epic Residences and Hotel includes 3421uxury condominium units and a 411-room hotel (and related amenities) in a 55-story tower designed by renowned architect Luis Revuelta. Epic Hotel is managed by Kimpton Hotels and Restaurants and includes the internationally-acclaimed Zuma Restaurant and an Exhale Spa. Epic Hotel has received several awards from both Conde Nast and Travei+Leisure Magazine and the Epic Residences continues to lead the downtown and Brickell new condominium markets. PORfMAN + Civ1C 602 An affiliate of CMC Group, CMC Construction, Inc., is a licensed general contractor that has constructed a number of CMC Group's projects and other third-party assignments. CMC Construction built both the Casa Grande Hotel and the Pelican Hotel on South Beach's Ocean Drive. CMC Construction also constructed Porto Vita's South and North Towers (both 27-story luxury condominium buildings), 4000 Ponce/The Collection in Coral Gables and, most recently, Grovenor House, a 166-unit luxury condominium tower in Coconut Grove, Florida and Epic Residences and Hotel in downtown Miami. Financial Capabilities: CMC Group has raised in excess of $1.25 billion in equity and debt financing to fund its various development projects. CMC has worked with a number of private and institutional investors to provide equity and has obtained construction and permanent financing from a number of construction and other lenders. These lenders include Bank of America, Banco Santander, HSBC, BNY I Mellon, Wells Fargo, Regions Bank/Union Planters Bank, Union labor Life Insurance Company, National Electrical Benefit Fund, Transamerica Life, Colonial Bank/BB& T, and City National Bank. These loans have ranged in size from $40 million to $280 million and all such financings were either repaid in full or remain in good standing. CMC Group's key personnel on the Miami Beach Convention Center District are outlined on the following pages. PORTt·,AAN -+ CMC GROUP 603 UGO COLOMBO Founder Ugo Colombo was born in Milan, Italy and came to the United States in 1983. His real estate career began while he was studying at the University of Miami and he managed condominiums for non-resident owners at the Imperial on Brickell Avenue. Soon after graduating with a degree in business administration, he acquired the remaining unsold inventory in the Imperial and conducted a highly successful sell-out of the property. This initial foray in real estate led to Mr. Colombo's emergence as one ofthe most respected residential and commercial developers in South Florida. After the Imperial project and the acquisition and sell-out of the Villa Regina Condominium with Trammell Crow, Mr. Colombo focused on the design and construction of high-rise luxury condominium buildings. The result was the development of Bristol Tower and Santa Maria on Brickell Avenue. Both of these buildings-40 and 52 stories respectively-have become landmarks on the Miami skyline and have redefined the high-rise luxury condominium market in South Florida. Mr. Colombo entered into a joint venture with the Soffer family of Turnberry Isle to create the ultimate in country club living, Porto Vita. Porto Vita consists of a total of 374 residences in a Mediterranean-style village in Aventura. This gorgeous 18-acre waterside property has already attracted notable attention, with residences ranging from $750,000 to $2.5 million, and the 35,000 square foot Villa Grande Club. In 1994, Mr. Colombo acquired The Collection, a luxury automotive dealership franchise, which now includes Jaguar, Porsche, Ferrari, Maserati, Aston Martin, Audi and Mclaren, and is one of the top performing luxury car dealerships in the United States. At the time of his acquisition, The Collection's total annual revenues were approximately $60 million. Under Mr. Colombo's ownership, total revenues have increased more than five times with 2012 revenues projected to exceed $320 million. In 2001, CMC Construction completed a 815,000 square foot mixed-use office/ retail/dealership facility in southern Coral Gables for The Collection and third-party office and retail tenants. In 2002, Mr. Colombo formed Glasswall lLC, a window manufacturing company, to supply impact-resistant window systems for high-rise condominiums and other commercial properties. Glasswall has developed a number of impact-resistant window systems which exceed Miami-Dade County's stringent testing criteria and are approved for new projects throughout Florida. G!asswal! manufactures its window systems in Miami-Dade County and has recently completed projects in Aventura, Coral Gables, Miami Beach, Coconut Grove and Miami. Mr. Colombo's most recent development successes include Grovenor House, a 166- unit luxury condominium project in the heart of Miami's Coconut Grove community (which was completed in 2006) and Epic Residences and Hotel, a 55-story luxury condominium and hotel in downtown Miami. includes 342 luxury condominium units and a 411-room hotel managed by Kimpton Hotel and Restaurants and is located on the site of the former Dupont Plaza. PORTMAN HOLDINGS + CMC GHOUP 604 EDUCATION Business Administration-University of Miami EXPERIENCE 30 years 49 EDUCATION B.A. Economics-Harvard College EXPERIENCE 25 years ART MURPHY Officer As Chief Financial Officer of CMC Group, Inc., Art is responsible for all financial, legal, risk management and corporate matters for this real estate development company. Since joining CMC Group in 1993, Art has overseen CMC's development activities , structured numerous joint ventures with both institutional and private investors, and arranged in excess of $1.25 billion of constructfon and permanent debt financing for the company's projects. Prior to joining CMC Group, Art was a Vice President in the Real Estate Department of Sumitomo Trust & Banking Company and managed a real estate loan portfolio of approximately $2 billion for the New York Branch. At Sumitomo, he oversaw all underwriting, loan administration, internal and external loan funding, and borrower communication and marketed commercial real estate loan and equity products in the United States and Japan. He also supervised the workout of several problem and non-performing loans. Art graduated with a BA in Economics from Harvard College. PORlM.AN HOLDINGS + CMC GROUF 605 ESTHER THURMON Vice of Esther is focused on financial reporting and cash management for the entire CMC organization. Her team works closely with lenders, investors and partners to develop financial reports that meet the requirements of each transaction. She interfaces directly with all of the sales teams from the beginning of a project until all units have closed. Esther was directly responsible for development of virtual software that allows the sales team to track sales and buyer demographics, as well as originate contracts and generate sales reports. Esther has more than 28 years of experience in real estate development and construction accounting. A native of Georgia, she attended the University of Georgia as well as Georgia State University in Atlanta. After joining Metro Development Group in Atlanta in 1983, she was transferred to Florida to open a new office in Boca Raton. She was later hired by Trammell Crow Residential to head the accounting department of their For Sale Housing division. In 1991, after Trammell Crow completed the Villa Regina Condominium in partnership with Ugo Colombo, Esther joined the CMC Team. Her staff has experience in every aspect of real estate accounting, including property management. They have worked with the most prestigious lenders and have handled the accounting for, and repayment of, over $1 billion of construction and development financing. Her two Controllers have each been with CMC for over 15 years, completing the core of a strong, experienced accounting group. + CMC GROUP 606 EDUCATION University of Georgia Georgia State University EXPERIENCE 28 years EDUCATION B.S. Construction-Bradley University LICENSE Florida General Contractor License GGC 1517267 EXPERIENCE 30 years TIM WENSlNG President of CMC As the president of CMC Construction, Tim defines the strategies for managing each project that incorporate the needs and expectations of all stakeholders. Tim has extensive experience in management of the overall design process from concept to completion, including assembly of the design team, management team and the performance and coordination of the architects, engineers, and consultants. In addition Tim takes the lead developing comprehensive cost estimates and budget strategies, including constructability reviews and value engineering alternatives. Tim has played lead roles in a series of projects that define the skyline of Miami. Early in his career Tim was trained and certified as an instructor of the Total Quality Management approach to building. This foundation has been a cornerstone of the philosophy deployed on numerous projects over a 30 year career. Born and raised in a construction family, Tim has literally been in the construction business all his life. After graduation from Bradley University in Illinois, Tim began his career estimating projects across the Western United States for Kitchell Contractors based in Phoenix, Arizona. He then moved on to 18 year stay with the global contractor Bovis Lend Lease, focusing on projects primarily in the Southeastern United States. While at Bovis, Tim worked in a variety of progressive roles culminating with his role Vice President of Operations for Florida. In 2003 Tim became the President of CMC Construction. Over the course of his career there has always been a focus on the continuous refinement of the process deliverables that support a synergistic approach to team building. This dedication to the process has enabled the successful completion of large and complex projects such as the Four Seasons Hotel & Residences in Miami, Universal Studios in Orlando, Epic Residences & Hotel in Miami, and a series of luxury high rise residential endeavors. "Begin with the end in mind" is a habit instilled in ~is core approach to building and in building teams that communicate and cooperate to make the vision of the owner and design team into a reality. POR1MAN HOLD!NGS + CMC GROUP 607 CIRQUE DU SOLEIL RQ!JE DU SOLEIL Founded: 1984 Employees: 5,000 From a group of 20 street performers at its beginnings in 1984, Cirque du Solei! is a major Quebec-based organization providing high-quality artistic entertainment. The company has 5,000 employees, including more than 1,300 artists from more than 50 different countries. Cirque du Solei! has brought wonder and delight to more than 100 million spectators in more than 300 cities in over forty countries on six continents. Cirque du Solei! International Headquarters are in Montreal, Canada. THE MISSION The mission of Cirque du Soleil is to invoke the imagination, provoke the senses and evoke the emotions of people around the world. THE CREATION OF CIRQUE DU SOLEIL It all started in Baie-Saint-Paul, a small town near Quebec City in Canada. There, in the early eighties, a band of colourful characters roamed the streets, striding on stilts, juggling, dancing, breathing fire, and playing music. They were Les Echassiers de Baie-Saint- Paul {the Baie-Saint-Paul Stiltwalkers), a street theatre group founded by Gilles Ste-Croix. Already, the townsfolk were impressed and intrigued by the young performers -including Guy Laliberte who founded Cirque du Solei!. The troupe went on to found Le Club des talons hauts (the High Heels Club), and then, in 1982, organized La Fete foraine de Baie- Saint-Paul, a cultural event in which street performers from all over met to exchange ideas and enliven the streets of the town for a few days. La Fete foraine was repeated in 1983 and 1984. Le Club des talons hauts attracted notice, and Guy Laliberte, Gilles Ste- Croix and their cronies began to cherish a crazy dream: to create a Quebec circus and take the troupe travelling around the world. In 1984, Quebec City was celebrating the 450th anniversary of Canada's discovery by Jacques Cartier, and they needed a show that would carry the festivities out across the province. Guy Laliberte presented a proposal for a show called Cirque du Soleil (Circus of the Sun), and succeeded in convincing the organizers. And Cirque du Solei! hasn't stopped since! A FEW STATISTICS • In 1984, 73 people worked for Cirque du Soleil. Today, the business has 5,000 employees worldwide, including more than 1,300 artists. • At the Montreal International Headquarters alone, there are close to 2,000 employees. • More than 100 types of occupations can be found at Cirque. • The company's employees and artists represent more than 50 nationalities and speak 25 different languages. • More than 100 million spectators have seen a Cirque du Solei! show since 1984. • Close to 15 million people will see a Cirque du Solei! show in 2012. • Cirque du Solei! hasn't received any grants from the public or private sectors since 1992. CIRQUE DU SOLEI~S AREAS OF ACTIVITY In 2012, Cirque du Solei! will present simultaneously 22 different shows around the world. Its challenge is to continue to grow while offering its creators the freedom to dream the wildest dreams and make them come true. The heart of Cirque du Soleil's activity remains creating live shows and presenting them under big tops or in theatres. Since 1984, close to 200 creators from the four corners of the globe have contributed their talents to this end. POF<:Hv1 . .<\N HOLDINGS + Ch/C GROUP 608 In the past few years Cirque du Solei! has been developing business initiatives based on its shows. Through its Events and Images division: 1. Cirque du Solei I creates original and innovative content for movie theatre, television and DVD. Its creations have been awarded numerous prizes and distinctions: among them are Cirque du Solei! presents Corteo {Em my and Gemeaux in 2007); Midnight Sun {DVD Excellence Award in 2006 and a Gemini Award in 2005); Cirque du Solei! Fire Within (DVD Excellence Award in 2005, a Primetime Emmy Award and two Gemini Awards in 2003); and Cirque du Soleil Presents Dralion {three Primetime Emmy Awards in 2001 ). 2. Cirque du Solei! has acquired extensive experience in organizing unforgettable private gatherings as well as major public events (World Expo Shanghai China 2010, Zaragoza 2008, the show-event for the 400th anniversary of Quebec City). For the past few years the Cirque du Solei! Events team has brought its creativity to a most discriminating clientele with the same energy and spirit that characterizes each of the company's shows. Cirque du Solei! is offering a full range of products for retail sale under the Big Top, at resident show boutiques and on the Internet, Cirque du Solei! is seeking reliable partners to design, develop, market and distribute unique products which will bring "artful living" into the daily lives of Cirque du Solei! aficionados. Cirque du Solei! is also diversifying its commercial activities by targeting another niche: licensing. The organization also wishes to extend its creative talent to other spheres of activity. With the collaboration of business partners, Cirque du Soleil is developing innovative projects, particularly in the field of hospitality (restaurants, bars, spas, etc.). Through its own unique approach, Cirque du Solei! extends its creative energy to other types of initiatives in order to create a new form of entertainment: (e.g The REVOLUTION LOUNGE at The Mirage and the Gold Lounge at ARIA Resort & Casino at CityCenter in Las Vegas, as well as Desigual clothing and accessories collection). Cirque du Soleil's key personnel for the Miami Beach Convention Center Project are outlined on the following pages. PORTMAN HOLDINGS+ GROUP 609 CIRQldE DU EDUCATION Bachelor of Communications- of Ottawa EXPERIENCE Over 40 years l. DANIEL LAMARRE Pn-::sitlent and OfLcer As President and Chief Executive Officer of Cirque du Solei!, Daniel Lamarre is in charge of strategies both at the business development and operations level. He also sees to the organization's financial sustainability, and the perpetuation of its culture and values. Before joining Guy Laliberte's team in January 2001, he served as president and CEO of TVA Group, Quebec's largest private television broadcaster, for nearly four years. In addition to his day-to-day management duties, he was also responsible for strategic planning and business development. While sitting on the TVA Group board of directors, he also served on the boards of McDonald's Restaurants of Canada and the Canadian Association of Broadcasters, and helped administer the Montreal Heart Institute Research Fund. From 1984 to 1997, Daniel Lamarre worked with National Public Relations, first as executive vice-president and senior partner, then as president starting m 1995. He became president and CEO of Burson-Marsteller in 1981, and opened a first Montreal branch for this, the world's largest PR firm. In 1977, he served as public relations director for the cable operator Cogeco. Before that, he was communications director for the Federation des Caisses Populaires du Centre du Quebec. Before taking up his management duties in the world of communications, he worked as a journalist for over 10 years. He started out with the Trois-Rivieres daily Le Nouvelliste, then moved on to Radio-Canada in Ottawa. He holds a Bachelor of Communications from the University of Ottawa. HOLDINGS +--GROUP 610 BOUCHARD Jean-Frangois Bouchard has many years of experience in design and a solid artistic and technical background. In 1982, armed with a college degree in civil engineering and additional science courses, he joined the new environmental design program offered by the Universite du Quebec a Montreal. As part of his studies, he designed a prototype for a backpack that converted into a tent -and the finished product was purchased by the U.S. Army! Upon graduation in 1984 he started his own design company which rapidly found success in the Montreal area. Between 1985 and 1990 he designed interiors for several financial institutions, including branches of the Bank of Nova Scotia and the Royal Bank. Between 1990 and 1995, his designs set the tone and atmosphere of a dozen downtown Montreal bars and restaurants. He followed this with designs for shops and exhibition stands specializing in the field of fashion. Jean-Frangois joined Cirque du Soleil in 2001, following three years as a freelance contributor. He first made his mark with the design of the boutique connected with the La Nouba theatre in Downtown Disney West Side in Orlando. He was then appointed Senior Director of Creation and became a key member of Cirque's Special Events design team. His most recent projects include The Beatles REVOLUTION LOUNGE at The Mirage and the Gold Boutique Nightclub and Lounge at Aria Resort & Casino in Las Vegas. In 2010 Jean-Frangois was named Vice President, New Show Creation and in 2012 he became Vice President, Creation and Development. His role is to support the company's creative ventures and includes the assignment of challenging opportunities to talented young designers. "IRIS uses a perfectly adapted language of acrobatics as a framework," says Jean- Frangois Bouchard. "That enables the show to present its theme of cinema as seen through the double prism of Cirque du Soleil and the world of its director, Philippe Decoufle." 611 CIRQ!JE DU EDUCATION • Civil Engineering-CEGEP de Rimouski • Environmental Engineering- Universite du Quebec a Montreal I I ~ I I I~ ' ' DU SOLEIL EDUCATION • Bachelor of Civil Engineering, Poly- technique Montreal • MBA, HEC Montreal MARTIN BOUDREAU Director Martin Boudreau joined Cirque du Soleil in 2003 as a business analyst. Over the years, Martin's professionalism and expertise, combined with his engineering and business background earned him the trust of his peers and business partners as well as the position of Director of the Lifestyle division, which has for mission to create and develop non-core ventures by leveraging the Cirque du Soleil Brand. As Director of Lifestyle, Martin has lead many large-scale projects, including a projected revamp of the Jackie Gleason Theatre. This allowed Martin to spend considerable time in Miami Beach, develop meaningful relationships with locals as well as get a solid grasp of the City and its surrounding's cultural, real estate and commercial markets. Martin has also developed and supervised many other projects such as the Revolution lounge, Gold Lounge and The Art of Richard MacDonald galleries in las Vegas. Currently, many more projects are under development in Russia, Mexico and the United States. + CMC GROUP 612 WHITMAN LAZENBY PROPERTIES Founded: 1965 Employees: 100 Whitman Lazenby Properties is a subsidiary of Bal Harbour Shops. Bal Harbour Shops: The Favorite Shopping Mecca for Fashion Aficionados Bal Harbour Shops Ranked the number one most productive shopping center in America by Women's Wear Daily, Bal Harbour Shops has long been recognized as the country's most exclusive fashion center. Anchored by Neiman Marcus and Saks Fifth Avenue, Bal Harbour Shops was the location Neiman Marcus chose for its very first store outside of Texas and was the very first shopping center in the country to have both a Neiman Marcus and a Saks Fifth Avenue in the same property. The lushly landscaped, 400,000 square foot, open-air shopping center is home to a coveted list of over 100 high-end retailers -the world's foremost names in luxury and fashion -and attracts the most discerning customers and tourists from around the nation and the globe. PoFnrv1AN HOLDINGS .,. CtAC 613 86 EDUCATION University of North Carolina Chapel Hill -Bachelor of Arts in English, 2000 University of Miami Candidate, Master of Real Estate Development+ Urbanism (2012) EDUCATION Over 10 years MATIHEW WH!TMAN LAZENBY Partner "Growing up, I was a kid who hated shopping," says Matthew Whitman Lazenby, Operating Partner for Bal Harbour Shops, founded by his grandfather, Stanley Whitman, nearly fifty years ago. Clearly, that has changed. Today, Lazenby is at the helm of the country's most productive shopping center, which continues to surpass its own personal best sales records year after year. A Miami native, Lazenby was a constant fixture at Bal Harbour Shops, ,even in his early years -often having lunch with his grandfather and uncle, Randy Whitman, who serves as Managing Partner. "When I matured and began to better understand how the company works, and better appreciate the values and standards set by my grandfather back in the 1950s, it was determined that one day I, too, would become part of the family business," states Lazenby. "All three of us agreed that my career should begin outside of Bal Harbour before coming on board." After graduating from University of North Carolina -Chapel Hill, and teaching English Literature at St. Thomas Episcopal School in Miami, his alma mater, Lazenby moved to New York City to work for Robert K. Futterman & Associates, where he was immersed in the retail industry, familiarizing himself with the luxury brands. It was here that he honed his skills from a tenant's perspective when it came to selecting sites and negotiating with landlords. Lazenby took this experience to work as a leasing agent for The Taubman Company, a publicly- traded Real Estate Investment Trust (REIT), headquartered in Bloomfield Hills, Mich. "This opportunity gave me great insight from a landlord's point of view," states Lazenby. "It also made me appreciate the unique way that Bal Harbour Shops is run from a business perspective. Luxury means exclusivity, which has been my grandfather's mantra for fifty years. Huge retail conglomerates are fueled by constant growth -especially those who have to make reports to Wall Street, with a roomful of shareholders to answer to -but in luxury, that can potentially cheapen the product absent unrelenting focus on the distant future. Luxury demands a long-term view." In August 2003, it was time for Lazenby to join Bal Harbour Shops as Leasing Agent, soon rising to Director of Leasing/General Partner and now, Operating Partner. In this capacity, he represents ownership in all development, leasing, operational and asset management issues and spends much of his time furthering the center's expansion plans. In addition, Lazenby is also currently pursuing a master's degree in real estate development at the University of Miami. Lazenby is a member of numerous trade groups and is active in community organizations, including the Urban land Institute, the International Council of Shopping Centers, Mount Sinai Hospital's Foundation Board and Miami Country Day School's Board of Trustees, where he serves as its Secretary. F'ORfMAN HOLDINGS + CMC GROUP 614 D~~IGN P~O+~BION~U JOHN PORTMAN & ASSOCIATES Founded: 1953 PORTMAN & Ass J CIATES Employees: 52 John Portman & Associates, Inc. (JPA) is an internationally recognized architectural and engineering firm with offices in Atlanta, Georgia and Shanghai, China. Established in 1953, JPA has nearly 60 years of expertise in designing offices, hotels, universities, trade marts, and mixed-use urban complexes. The firm provides design services in architecture, master planning, programming, structural engineering, and project management around the world. JPA professionals are a diverse group of talented people from many countries and cultures, each chosen for his or her talent, expertise, and commitment to the highest standards of quality in design and service. In addition, the specialized consultants we work with have considerable international project experience, creating an even more valuable and insightful team. JPA strives for an architecture that is more than just the design of a building, but rather a creation of a place for people, that consciously uplifts a person through an enhancement of the human condition. Vision, creativity, and an entrepreneurial spirit are the fundamental factors that influence our design philosophy. Understanding human values and the human response to space, nature, and light is integral to the work. Nature and space -both external and internal -are indigenous to the firm's architectural approach. The firm's architecture transcends national borders by striving for universal human appeal. The mid-1970s began the expansion of the firm's work internationally. And soon after receiving major commissions in Singapore -work in Hong Kong, Shanghai, Kuala lumpur and Jakarta followed, resulting in the establishment of a Hong Kong office in 1988. Clients have responded well to the firm's architectural approach that creates a 'place for being' in the midst of the congested city: culturally sensitive places that are designed for life -livable and stimulating. With the establishment of the Shanghai office in 1993, JPA became one of the first foreign architectural firms to do work in China. liaising between clients in China and the Atlanta headquarters office, the Shanghai office has been paramount in facilitating the design of numerous projects in China and East Asia, including large mixed-use projects, stand-alone office towers, cultural centers, marts, and large residential developments in the cities of Shanghai, Beijing, Seoul, Jakarta, Kuala lumpur, Hanoi and Ho Chi Minh City. The firm aspires to integrate design excellence with economic feasibility. Development knowledge and ownership interests give the firm a unique perspective on the economic aspects of the design process as it resolves how to turn visionary ideas into practical realities. This broad knowledge base has been useful in providing added value to independent clients. JPA design solutions are an integrated expression of function, purpose and sensory experience conceived in a holistic fashion to make perfect sense. Over time, the basis for our philosophy toward design has remained unchang~d. This strong belief in how design should evolve and relate to people on a human level has sustained us and provided the world with significant and memorable projects. JPA's key personnel on the Miami Beach Convention Center District project are outlined on the following pages. ··· Clv1C GROUP 615 jOHN PORTMAN & ASSOCIATES PROPOSED PROJECT ROLE Design Visionary YEARS OF EXPERIENCE 62 YEARS WITH FIRM 59 EDUCATION Georgia Institute of Technology Bachelor of Architecture, 1950 REGISTRATIONS Registered Architect in 18 States • Georgia #RA000788 • Registered Engineer in Georgia- #1009 • Registered Interior Designer in Texas-#8644 JOHN PORTMAN, FAIA, NCARB Founder & Chairman I Portman & Associates Recognized throughout the world for his innovative design, John Portman did not always follow traditional paths. Always eager to try new concepts, early in his career he pioneered the role of architect as developer to allow more freedom in implementation of his design concepts. His keen business sense and entrepreneurial spirit enabled him to develop many profitable projects. SUCCESSFUlLY MARRYING AESTHETICS AND PRAGMATICS His impact is greatest on his hometown of Atlanta where today the 14-block Peachtree Center complex attests to his commitment to the downtown business district and includes many of his landmark projects. Peachtree Center began in 1960 with the opening of the Atlanta Merchandise Mart. The Mart has since grown to become AmericasMart, the world's largest single wholesale marketplace. By stimulating trade and tourism, Portman was the catalyst that established Atlanta as one of the nation's premiere convention cities. His three major downtown hotels, the Hyatt Regency, Westin Peachtree Plaza, and Marriott Marquis, anchor the convention district. From the opening of the Hyatt Regency Atlanta in 1967, with its 22-story atrium, Portman made architectural history and won international acclaim. Paul Goldberger of The New York Times wrote "He (Portman) is the only architect of his era to create not only a series of significant buildings, but a new urban type." Paul Gapp of The Chicago Tribune wrote at the time, "The most influential living American architect is John Calvin Portman, Jr." further adding "Countless other architects have copied him but the music just isn't the same." ARCHITECTURE FOR PEOPlE A strong belief in how design should evolve and relate to people on a human level has always guided Portman. Recognizing people as creatures of nature, perceiving their environment through the five senses, Portman learned to weave elements of sensory appeal into his designs in order to reach those innate responses that govern how a human being reacts to their environment. In this way, he creates spatial experiences that all people instinctively find harmonious. His success around the globe is tied to this ability to create architecture featuring universal human appeal. Portman is best known for his urban mixed-use complexes wherein his understanding of people and their response to space translates into enhanced environments and award-winning architecture. From Embarcadero Center in San Francisco and Times Square in New York to Marina Square in Singapore and Shanghai Centre in China, he has taken people away from the congestion of urban life to create spaces that are open and uplifting to the human spirit. GREEN BEFORE GREEN WAS COOL The truth is, long before LEED, Green Mark, ISO 14001, or other sustainability standards were part of the industry's vocabulary, Portman designs endeavored to enhance the human experience. Because Mr. Portman is an architect,developer and owner, Portman-designed buildings have always been state-of-the-art for their time, smartly designed for the long-term, with an owner's sensibility to be energy efficient and economical to operate and maintain. While most developers aim to PORTMAN HOLDINGS + CMC CROUe' 616 build and sell as quickly as possible, take the profit and move on to the next project, Portman has never taken that approach. Many of the advanced features incorporated into a Portman building's design and operating systems have become common practice today. It clearly underscores his forward-thinking approach to design. CONTEXTURAL DESIGN Because John Portman believes that a design is required to take its cues from the historic elements of the surrounding architecture to create a modern yet sensitive response, site factors remain a critical part of his pre-design analysis work. He has successfully employed this approach around the globe, from ancient China to San Francisco's Union Square, and from exotic India to bucolic Statesboro, Georgia. By taking into account key site planning factors, he ensures that a new design becomes an integral component of the existing environment and that it responds the physical opportunities and constraints of the site. This strategy not only benefits the project, but also increases the aesthetic appeal of the neighborhood, thus providing a catalyst for the growth of the surrounding area. ART & ARCHITECTURE Since his first project in 1953, where he personally made his first sculpture commission, John Portman has been committed to incorporating art in all his projects, thereby making art an integral part of their success. The people of Atlanta continue to enjoy his contributions to the arts, from the magnificent bronze lions by Olivier Strebelle he commissioned for Peachtree Center Avenue to Paul Manship's towering Ballet Olympia on Peachtree Street. His love of art is evident in all that he does. He supports the arts, he collects, and he, himself, is a painter and sculptor. The High Museum of Art Atlanta exhibit, John Portman: Art & Architecture (October 2009 -April 201 0), currently on tour throughout the world, includes approximately fifty-five works of art created by Portman since 1981, most of which have never been exhibited in public. In 1997, he was inducted as an Academician of the National Academy- Museum and School of Fine Arts in New York. In 1996, the Angel Orensanz Foundation elected him Member of the Senate of the Accademia lnternazionale d'Arte Moderna. He has served as a board member of the Atlanta College of Art, and is Trustee Emeritus of the Atlanta Arts Alliance. He has also served as a Director of the Atlanta High Museum of Art. INTERNATIONAl ACCLAIM Throughout his long career, John Portman has been recognized with awards and accolades ~ far too many to list them all here. For instance, The Georgia Institute of Technology, his alma mater, presented him their highest the Exceptional Achievement Award in 1986, and the Horatio Alger Association gave him the Horatio Alger Award in 1990 , His numerous architectural awards include a lifetime achievement award from the Council on Tall Buildings and Urban Habitat in 2009, the Silver Medal Award in 1981 from the AlA Atlanta Chapter for innovative design, and AlA Medal in 1978 from the National American Institute of Architects innovations in hotel design. PUBLICATIONS OF NOTE Six major books feature Mr. Portman's work; FORM, published in 2010 by Publlshing; John Portman.' Art and published by the High Museum of Art, Atlanta, in association with the University of Georgia Press in 2009; The Master Architect series IV, John Portman and Associates, by Images Publishing in 2002; John An Island on an Island, published by' L'Arcaediz!oni in 1997; John Portman, published by L'Arcaedizioni in 1990; and The Architect as Developer co-authored by Portman wlth """~""m Barnett and published by McGraw Hill in 1976. Countless magazines, textbooks and professional journals have also featured Portman projects or articles specifically about John Portman -again, too many to list them all here. RELEVANT EXPERIENCE Mr. Portman has actively in the design of every in the nearly history of john Portman & including all the projects showcased by the firm within this submission. 617 jOHN PORTMAN & ASSOCIATES 94 PROPOSED PROjECT ROLE Design Director YEARS OF EXPERIENCE 32 YEARS WITH FIRM 5 EDUCATION • University of Wisconsin-Master of Architecture, 1982 • University of Wisconsin-Bachelor of Architecture Sciences, 1980 REGISTRATIONS Registered Architect in Wisconsin #6142005 TEACHING • Illinois Institute of Technology- Visiting Critic, 1988-89 • University of Wisconsin-Adjunct Associate Professor, 1981-82 GORDON BECKMAN, AlA I Portman & Associates Gordon Beckman, AlA, has built a distinguished career, working nationally and internationally on a broad range of building types, including commercial, civic, transportation, and mixed-use developments. Mr. Beckman's work reflects his ongoing interest in, and examination the interdisciplinary connections, that structure, technology, environmental concerns and transparency play in next generation architectural thought. His work at John Portman & Associates (PoRTMAN) reflects these values and ideas. Prior to joining PoRTMAN in May 2007, Mr. Beckman worked 23 years for Murphy 1 Jahn as Senior Vice President, Principal Architect, leading some of the firm's most recognized projects, including Charlemagne in Brussels, Belgium; the Serono Corporate Headquarters in Geneva, Switzerland; Bishopgate Town in London, England; and HALO Corporate Headquarters in Niles, Illinois. Mr. Beckman's professional experience also includes Kahler Slater Engberg in Milwaukee, Wisconsin and Larson and Darby in Rockford, Illinois. Mr. Beckman has taught for the University of Wisconsin and the Illinois Institute of Technology, in addition to participating in numerous design reviews and juries at several Universities. He has been recognized by the AlA and awarded the AlA Excellence in Architecture medal. RELEVANT EXPERIENCE National Expo Exhibition Shanghai, China Role: Design Director Size: 13,890,000,000 sf lncheon 151 Tower at Songdo landmark City (Mixed Use) lncheon, Republic of South Korea Role: Design Director Wenzhou Zhixin Plaza Wenzhou, China Role: Design Director Size: 6,691,923 sf Size: 2,107,574 sf Guri New Town Master Plan Guri, Republic of South Korea Role: Design Director Size: 529 acres Jin Hongqiao International Plaza Shanghai, China Size: 2,834,999 sf Role: Design Director 618 151-story tower mixed use complex includes 1 08-story tower mixed use complex f'ORTMAN HOLDINGS + CMC GROIJI" D~~IGN P~O+~BION~U ElLIS KATZ, RA Studio Director I Portman & Associates Ellis Katz has repeatedly demonstrated the results of team leadership. Dedicated and energetic, he has successfully managed large-scale architectural projects in which he showed a clear understanding of the technical requirements of the project as well as a sensitivity to the design issues. His communication skills and personal demeanor make him an excellent team player. His organizational skills and conscientious follow-through help keep his team focused. Mr. Katz provides clients with responsiveness and accountability. As Hospitality Studio Director, Mr. Katz leverages his understanding of hotel operations, along with his attention to detail and quality, to ensure that the firm's designs deliver a memorable guest experience. He personifies PoRTMAN's sensory I experiential approach to design in all the projects he leads. Prior to joining John Portman & Associates (PoRTMAN), Mr. Katz worked ten years as an Associate Principal with Loebl Schlossman & Hackl, Inc. in Chicago. RELEVANT EXPERIENCE Hilton San Diego Bayfront San Diego, CA USA Role: Principal-in-Charge Size: 1, 123,932 s.f. 1200 Rooms Renaissance Schaumburg Hotel & Convention Center Schaumburg, IL USA Role: Principal-in-Charge Size: 710,780 s.f. The Westin Charlotte Charlotte, NC USA Role: Principal-in-Charge Size: 540,000 s.f. The Westin Warsaw Warsaw, Poland Role: Principal-in-Charge Size: 348,000 s.f. Hilton San Diego Bayfront San Diego, CA USA Role: Principal-in-Charge Size: 500,000 s.f. f'ORTM1\N HOLDINGS + CMC GROUF' 500 Rooms 700 Rooms 361 Rooms 500 Rooms 619 jOHN PORTMAN & ASSOCIATES PROPOSED PROJECT ROLE Principal-in-Charge YEARS OF EXPERIENCE 30 YEARS WITH FIRM 16 EDUCATION University of Cincinnati Bachelor of Architecture, 1984 REGISTRATIONS Registered Architect in Illinois #001-01161Q MEMBER Urban land Institute 95 jOHN PORTMAN & ASSOCIATES PROPOSED PROJECT ROLE Production Director YEARS OF EXPERIENCE 38 YEARS WITH FIRM 21 EDUCATION • Ohio State University-Bachelor of Architecture, 1974 • University of Pittsburgh-Bachelor of Arts, Studio Arts, 1972 REGISTRATIONS Registered Architect in Wisconsin #4897-5 MEMBER Council on Tall Buildings and Urban Habitat-Advisory Board JOHN D. NIPAVER, AlA Principal/Production Director 1 John Portman & Associates John Nipaver first joined John Portman & Associates (PoRTMAN) in 1984 and distinguished himself as one of the firm's best project managers, completing the award-winning 60-story SunTrust Plaza on budget and ahead of schedule. He rejoined PoRTMAN in 2002 after seven years as a Principal at NB+A Architects, Inc., where he served as the partner-in-charge of design and production for several major projects in both the public and private sectors. Mr. Nipaver's architectural career began in 1974 in Chicago, Illinois with Skidmore, Owings and Merrill (SOM). Throughout his career, Mr. Nipaver has demonstrated exceptional ability to design and manage a wide range of projects, from larger mixed-use developments to smaller residential scale housing projects. He embraces the firm's commitment to well-detailed design with impeccable quality control. His ability to communicate effectively with both the client, and all consultants and to follow through with the necessary action has enabled him to deliver challenging projects on time, on budget and to the client's satisfaction. RELEVANT EXPERIENCE Hilton San Diego Bayfront San Diego, CA USA Role: Production Director Size: 1,123,932 s.f. 1200 Rooms Renaissance Schaumburg Hotel & Convention Center Schaumburg, IL USA Role: Production Director Size: 710,780 s.f. Hilton San Diego Bayfront Parking Garage San Diego, CA USA Role: Production Director Size: 619,394 s.f. 500 Rooms 2,000 Spaces North Bund International Cruise Terminal Master Plan Shanghai, China Role: Production Director Size: 118 acres includes 3 towers lncheon 151 Tower at Songdo landmark City (Mixed Use) lncheon, Republic of South Korea Role: Production Director Size: 6,691,923 sf 151-story tower PORHvi/~N HOLDiNGS ~-ClAC 620 D~~IGN P~O+~BION~l~ BJARKE INGELS GROUP Founded: 2005 I Employees: 115 BIG is a group of and thinkers within the fields of with offices in and New York BIG has created a for and technically innovative as they are cost and resource conscious. In BIG's architectural team members demonstrate a high sensitivity to the particular demands of site context and program. BIG's completed projects include the 8 House (2010), the Danish Pavilion at the 2010 World Expo in Shanghai (2010), The Mountain (2008), the Helslngar Psychiatric (2006}, the VM Houses (2005), the Maritime Youth House (2004), and Harbor B:ath {2003), an urban space that transformed the area of Islands Brygge from a run down harborfront to the recreational and social center of the city. Current Astana National in Shenzhen Energy Mansion in 2005 and has two offices: the and DESIGN APPROACH from habitual ;md star:darci a 600-unit residential in a new Educational Center on the Faroe a new National in that will double as a ski and an office in New York We 100 office and 25 in New York ':4s designers of the we test the effects of scale and the balance of programmatic mixtures on the and ecological outcome of a given site. Like a form we create Pln•:hlt,r:u~t,ur"' such as leisure, working, and shopping to realize •m""'"''A>mm rt>r·"'"''"l7'"' the added value to be brought to each bw1ding site, and our constructible and economical 'Rathet than revolution we are more interested in evolution. the the "fn our native Copenhagen, we have gradually introduced spatial diversity and density as well as programmatic and cultural mix into the landscape. Until recently, all elements would have been rejected as alien, but through a series of commissions they are now being absorbed as integrated elements of the urban tissue. Through the success and research in Copenhagen, we are now being commissioned by forward-looking developers and municipalities across Europe, North America, Middle East, and Asia. In these projects, we apply our approach and study to local conditions and concerns in an effort to realize their global aspirations." f'ORTMAN HOLDINGS + CMC GROUP 125 621 SUSTAINABILITY BIG's approach to sustain ability is at once rooted in the Danish tradition of energy conservation but has since grown to incorporate a global approach with our projects seeking and being certified in LEED, Green Mark and Passive House Standards. They begin every project with a climatic analysis which then allows them to choose the appropriate sustainable strategies and technologies. In past projects, they have sited buildings to optimize their solar orientation, integrated inventive daylighting measures, green roofs, geothermal systems, and greywater systems, and have dealt with the challenges of brownfield sites. BIG is currently building housing and office spaces in Germany and Estonia which are using less then 15kwh/m2/yr which amounts to about one quarter of the typical usage for comparable buildings being built today. BIG aims for projects to always meet or exceed local expectations and standards for sustainability. Their designs have received several sustainability awards including the Scandinavian Green Roof Award for our recent 8 House residential development which includes 500 apartments without a single parking space built into the facility -thereby refocusing attention from making space for gas-guzzling automobiles to instead prioritizing public transportation and bicycling. BIG's 600-unit West 57th is an 800,000 sf mixed-use project in Manhattan aiming for LEED Gold and thereby becoming a hallmark for residential construction in New York Buildings are complex networks of diverse systems around the programs they support. BIG's strategies always look at the ongoing life cycle value by reducing material, money, and time dedicated to maintenance. The team wishes to bring this innovative spirit from past projects to bear on the Miami Beach Convention Center District. BUDGET CONTROL At BIG, team members do not think of architecture in a traditional way. This is why it is important to collaborate with the client to establish a firm grip of the project finances. Through a pragmatic approach to architecture, in sketch, drawing and detailing, they continuously seek new methods to follow the initial project idea through building completion. It is an established part of BIG's design process to stay within the financial framework of the project by designing creative and alternative solutions. Working closely with the client, BIG makes a virtue of developing and reviewing project details to ease production, delivery and mounting in ways that the client feels secure to work with. They have had great success involving all parties early in the process to ensure the client a better overview of the building process. This results in a more precise estimate, and therefore better control of the budget. This approach to budget control requires more investigations in the sketch process, but the extra work pays off in the building process. Many uncertainties are in this way eliminated early in the design process and thus many unpredicted expenses are avoided. QUALITY ASSURANCE Quality is a constant part of BIG's design process, and, as such, the client is a central figure in any successful quality assurance process. Delivering the best quality assurance possible means listening to and understanding the demands and needs of clients throughout the entire building process. BIG's quality assurance program is not only about finding errors, but about identifying the potential for them to arise. The quality assurance system is based on the latest international standards of EN ISO 9001:2008, and the firm is currently undergoing the formal process to become professionally certified. Furthermore, the quality assurance programme is based on the paradigms of "DANSKE ARK," the Danish Association of Architectural Firms, and is structured on three levels: the overall, the interdisciplinary and the specific levels. When BIG functions as main consultant or uses the competences of subconsultants, these are obligated to use the standards of the BIG Quality Assurance Program. When BIG shares the main consultancy, this quality assurance program forms part of the overall assurance system according to directions agreed upon by the parties involved, coordinated by the chosen project leader. When BIG functions as sub-consultant, the quality assurance program forms part of the overall assurance system according to guidelines set by the clients. GROUP 622 Dt~IGN P~O~tBION~U QUALIFICATIONS Besides the rich experience and expertise that BIG has brought into projects, the team has developed a number of technical skills and qualifications which are implemented in the quality assurance program. CAD coordination, 3D visualizations, scale models, drawings, and sketches are used to enhance management of the projects and optimize communication with our clients. BIG has used building information modeling (BIM) techniques for the Danish Pavilion at the Shanghai Expo, the Tallinn City Hall, and the Transitlager Dreisplatz. By using scale models, they try to establish "sociological labs" in which client, engineers, consultants, and architects are testing and experimenting to find the best possible organization between program, structure and context. The design concept thus growing out of an evolutionary process where the fittest forms are adjusted to the intent of client and the lives people want to live. BIG always prepares a quality report that provides a detailed description of cost and time control, organization, systems, technical restrictions, etc. The quality report is used in meetings between client, architect and consultants and serves as a guiding tool to make the right decisions along the way. Drawings, sketches, plans and budgets are critically reviewed and examined by external consultants and specialists continuously through the process to ensure the best possible result. PUBLIC PROCESS Many projects require a complex space program. As part of quality assurance and budget control, it is essential that the voices of the client and end users are heard from the beginning. Adding to the programmatic alchemy and opportunity for a unique design, the public process begins by explaining the task at hand and BIG's proposed solution. Following the initial meeting and discussion, a dialogue between project leader and key constituents occurs, both in writing and orally, to reach an optimal solution for all parties involved. BIG has extensive experience in leading workshops and conducting user surveys. By giving careful consideration to all input they come to the crux of the problem. To achieve the best discussions and the most precise communication, BIG is working simultaneously with drawings, physical models and computer visualization. By illustrating what team members hear and think, they become more involved in the process and gain a greater awareness of the direction in which the project is moving. The aim is to turn vague feelings or intuitions into precise tools and benchmarks for future development. BIG also understands that the materials they produce are an essential element to fundraising. Drawings, models, and videos are ideal for this purpose and successfully communicate both the client's goals and the design ideas. BIG's key personnel on the Miami Beach Convention Center District project are outlined on the following pages. PORTM/\N GFOiiP 623 128 I PROPOSED PROJECT ROLE lead Designer YEARS OF EXPERIENCE 13 YEARS WITH FIRM 11 EDUCATION • The Royal Academy of Arts, DK School of Architecture, 1999 • ETSAB, ES School of Architecture of Barcelona REGISTRATIONS MAA BJARKE INGELS Partner & Creative Director Bjerke Ingels started B!G-Bjarke Ingels Group in 2005 after co-founding PlOT Architects in 2001 and working at OMA in Rotterdam. Through a series of award-winning and buildings, Bjerke has an intetnatlonal reputation as a member of a new generation of architects that combine shrewd analysis, playful experimentation, social responsibility and humor. ln 2004, he was awarded the Golden Lion at the Venice Biennale for the Concert House, and the following year he recelved the Forum AID Award for the VM Houses. Since its completion, The Mountain has received numerous awards lncludlng the World Architecture Festival Housing Award, Forum Ald Award and the MIPIM Residential Development Award. Recently, Bjarke was rated as one of the 100 most creative people in business by New York based Fast Company as well as being named Wall Street Journal's Architectural Innovator of 201t Alongside his architectural Bjarke has been active as a Visiting Professor at University's School of Architecture and Columbia University's Graduate School of Architecture, Planning and Preservation. Bjarke was recently a Vlsitlng Professor at Harvard University where he taught a jolnt studio with the Business School and the Graduate School of Design. In Spring Bjarke wnl be a Visiting Professor at the Yale University School of Architecture. He moved to New York City in 2010. LANGUAGES Danish, English & Spanish RELEVANT EXPERIENCE BIG Bjarke Ingels Group I Founded in 2006 I DK & USA PLOT Co-founded in 2001-2005 I DK W57 WIL VAN DON CAD AMF csw NUUK FA:R wvws SEM ANL TAT KAUF XPO S0F 8 ZIRA West 57th Street I 80,000 m2 I Completion 2015 I USA Willets Point Masterplan 1 Ongoing 1 US Vancouver Mixed-Use Tower I Ongoing I CA Don Mills Residential Towers I Ongoing I CA Montreal Mixed-Use Masterplan I Ongoing I CA Waste-to-energy plant I 95,000m2 I Completion 2015 I DK Chicago Southworks Masterplan I 100 ha I USA Greenland National Gallery I 3,000 m2 I 1st Prize I GL Education Center in Marknagill 19,200 m2 I Completion 2015 I FO World Village of Women's Sport I 100.000 m2 I 1st Prize I SE Shenzhen International Energy Mansion I 96.000 m2 I 1st Prize I CN Astana National Library I 45.000 m2 I Completion 2011 I KZ Tallinn Town Hall I 28.000 m2 I 1st Prize I EE Kaufhauskanall Mixed-use plan in Hamburg I 33.000 m2 I 1st Prize I DE EXPO 2010 Danish Pavilion I 3.000 m2 I 1st Prize I Completion 2010 I CN Danish Maritime Museum I 5.000 m2 I 1st Prize I Completion 2011 I DK 8 House I Mixed-use housing I 62.000 m2 I Completion 2010 I OK Zira Zero Island I LOOO.OOO m2 I Baku I AZ PORTMAN HOLDINGS + CMC GROUP 624 D~~IGN P~O+~BION~U SUK Superkilen Masterplan I 4.3 ha I 1st Prize I Completion 2010 I DK MTN The Mountain, Housing & Parking I 33.000 m2 I Completion 2008 I DK SJA Sjakket Youth Centre I 2.000 m2 I Completion 2007 I OK PSY Helsing0r Psychiatric Hospital I 6.000 m2 I Completion 2006 I DK VM VM Houses I 25.000 m2 I Completion 2005 I DK MAR Maritime Youth House I 2.000 m2 I 1st Prize I Completion 2004 I DK BAD Copenhagen Harbor Bath I 2.500 m2 I 1st Prize I Completion 2003 I DK AFFILIATIONS MAA I Danish Architecture Association Member of Americas Business Council Foundation Fellows Member of the Jury of Europan 8 Norway and Cyprus Member of the Danish Cultural Ministry Educational Council Member of Arkitektens Forlags Editorial Committee Member of the Henning Larsen Prize Committee Member of Copenhagen X Architectural Council ACADEMIC Visiting Professor at Yale University I 2011 I New Haven, US Honorary Professor at The Royal Academy of Arts I 2011 I Copenhagen, DK Visiting Professor at Harvard University I Joint Studio with HBS & GSD I 2010 I Cambridge, US Visiting Professor at Columbia University GSAPP I 2009 I New York, US Visiting Professor at Harvard University GSD I 2007 I Cambridge, US Visiting Professor at Rice University I 2005 I Houston, US Visiting Professor at The Royal Academy of Arts I 2001 I Copenhagen, DK SELECTED AWARDS Honor Award I AlA I 8 House I 2012 Merit Award I AlA NY I West 57th I 2012 Architectural Innovator of the Year Award I Wall Street Journal I 2011 Prize of Honor I The Dreyer Foundation Grant I 2011 Crown Prince Culture Prize I Danish Culture fund I 2011 Prix Delarue Award I French Academy of Architecture I 2011 Utzon-Statuette I The Mountain I 2011 Scandinavian Green Roof Award I 8 House I 2010 The State Art Fund Working Scholarship I 2010 ULI Award for Excellence I The Mountain I 2009 Nominated at Mies Van Der Rohe I The Mountain I 2009 MIPIM I Residential Development Award 2009 I The Mountain Forum Award I Best Nordic Architecture 2009 I The Mountain Wood Award 2008 I Maritime Youth House & The Mountain Contract World I Best Education Interior I Sjakket Youth Center I 2008 Mies Van Der Rohe Award 2007 I Special Mention I VM Houses IOC Award I Honorable Mention I Copenhagen Harbour Bath I 2007 Forum Award 2005 I Best Scandinavian Building I VM Houses His Royal Highness Prince Henrik of Denmark's Scholarship I 2005 PORTMI\N HOLDINGS+ nAC GRO!!P 625 I I I I I PROPOSED PROJECT ROLE Project Manager YEARS OF EXPERIENCE 11 YEARS WITH FIRM 11 EDUCATION The Royal Academy of Arts, DK School of Architecture REGISTRATIONS MAA THOMAS CHRISTOFFERSEN Partner Thomas Christoffersen began his collaboration with Bjarke Ingels in 2001 when PLOT was first formed and is currently Partner. Thomas has worked on every notable project from the VM Houses to one of BIG's most recent and global developments, Astana National Library. He led a 10-person team while"'"''""'"'''" the detail and construction the 33.000m2 moblus-shaped structure. Other accomplishments of his include the design for Iceland's National Bank and Concert house in Norway. In addition to his long standing participation in all things BIG, Thomas took a sabbatical year to work in New York City wlth WORK Architects and has also worked with Stan Allen, David Ung in NYC and Henning larsen Architects. LANGUAGES Danish & English AFFILIATIONS MAA I Danish Architecture Association RELEVANT EXPERIENCE BIG W57 WIL VAN DON CAD ANL 8 PSY VM STA WIB ODA REN MAG BBB KTK VSB NYC BKI SK2 VIB F0R Bjarke Ingels Group I Since 2001 I OK West 57th I Ongoing I US Willets Point Masterplan I Ongoing I US Vancouver Mixed-Use Tower I Ongoing I CA Don Mills Residential Towers 1 Ongoing 1 CA Montreal Mixed-Use Masterplan 1 Ongoing! CA Astana National library I 33.000 m2 I Completion 2010 I KZ 8 House, Mixed Use I 62.000 m2 I Completion 2010 I OK Helsing0r Psychiatric Hospital I 6.000 m2 I Completion 2005 I DK VM Houses I 25.000 m2 I 2005 Forum Award I Completion 2005 I DK Stavanger Concert house I 22.000 m2 I Venice Biennale Gold lion Wing Residences I 19.600 m2 I OK Odense Aqua Center I 5.000 m2 I Completion 2009 I OK People's Building Shanghai I 200.000 m2 I CN H0je Torv public plaza on the roof of Magasin du Nord I 1st Prize I OK Better Afforable Housing I 5.000 m2 I 2nd Prize I OK Royal Danish Theater I 18.000 m2 I OK Bathing facilities and beach I 300 m2 I OK Urban Periscope I 4.000 m2 I USA Landsbankinn I 20.000 m2 I 1st Prize I Reykjavik, IS Crematorie I 1.400 M2 I Asplund I SE Vibenhus Office Building 12,000 M2 i Copenhagen I OK Education Centre I 37.000 M2 i 1st Prize I Torshavn I FO SELECTED AWARDS Honor Award I AlA I 8 House I 2012 Merit Award I AlA NY I West 57th I 2012 Cityscape Awards for Architecture in the Emerging Market 2009 I Dubai POR!Mi\I'J HOLDINGS+ CMC 626 D~~IGN P~O+~HION~U AGUSTIN PEREZ-TORRES Designer Agustin Perez-Torres has recently returned to B!G as a project architect and is currently leading the team for a 600,000 sf residential tower in Vancouver, Canada. Agustin worked for BIG in Copenhagen between :2006 -2008, where he worked on a number of international projects, including the 8 House and the Warsaw Museum of Modern Art !n addition to his design work, he has also worked as an architectural journalist and has assisted with architectural exhibitions. Agustin has a!so worked for OMA in Rotterdam, the Netherlands and for Carme Pinos Studlo in Barcelona, Spain, where he worked on projects In France, Italy, and Spain. LANGUAGES Spanish & English AFFILIATIONS Licensed Architect, Spanish Architects Association RELEVANT EXPERIENCE BIG Bjarke Ingels Group I 2006-2008, 20i1 ff 1 DK & NYC VAN Vancouver Mixed-Use Tower I Ongoing 1 CA 8 8 House, Mixed Use I 62.000 m2 1 Completion 2010 l DK BAW Five Pillars of Bawadi 1 190.000 m2 I Dubai, UAE BKI landsbankinn I 20.000 m2 1 Reykjavik, IS WAR Warsaw Museum of Modern Art I 35,000 m2 1 Warsaw, PL (Experience prior to joining BIG) OMA I 2008-2010 I Rotterdam. Nl KT Headquarters 1 2010 I Seoul, KR Fondaco dei Tedeschi 1 2009 I Venice, IT Tadawul Stock Exchange I 2009 I Riyadh, SA AI Ja Filiya I 2009 I Dubai, AE Hampstead 1 2009 1 london, UK Elaf Bank I 2009 I Manama, BH Performing Arts Center I 2008 I Taipai, TW Omniyat Towers I 2008 I Dubai, AE Tunis Towers v1 1 2008 I Tunis, TN India Tower I 2008 I Mumbai, IN CARME PlNQS STUQIOS I 2QO~-2006 l Barcelona, ES Administrative Center I 20061 Tortosa, ES Maison de l'Aigerie 1 2006 I Paris, FR Novoli Housing I 2005 I Florence, IT Primary School 1 100,000 sf 1 2004 1 Castelldefels, ES Hotel Vallerta I 2004 1 Puerta Vallerta, MX Cube Tower I 180,000 sf I 2003 I Guadalajara, MX GROUP 627 I PROPOSED PROJECT ROLE Designer YEARS OF EXPERIENCE 9 YEARS WITH FIRM 2+ EDUCATION ETS of Architecture, Spain 2003 ~PP~O~C~ TO P~V~LOPffi~NT 0~ m~~T~~ Pl~N MASTER PLANNING AND PROGRAMMING PROCESS Portman-CMC will use a Collaborative Approach for Development of the Master Plan. A Master Plan is a collection of ideas, input and information coupled with programming, market and financial feasibility analysis and physical planning to produce an action plan for development. It is the synthesis of the opportunities at hand in context with the overall goals, vision and mission of the stakeholders. It takes into account the physical conditions and the socio-economic trends as well as the needs and desires of the community. For the Master Plan of the Miami Beach Convention Center District, Portman- CMC will bring pragmatic development experience to always direct dollars to their highest and best use for the owners, users, and surrounding community. For Phase II of this project (the Negotiation Process), the team proposes a three step approach for development of the Master Plan: 1. Analysis 2. Physical Planning and Feasibility 3. Master Plan Report The primary objective of the master planning is to develop an understanding of the market and community to determine the project's objectives, feasibility and investment capital profile. The intent is to accurately gauge the best components of the mixed- use development and to best configure each component. The team will produce the most efficient plan and ultimately the highest possible benefit for all stakeholders, including the City of Miami Beach, the Lincoln Road Retail Owners Association, the Collins Park Cultural District, the Miami Beach Historical Association, and other community groups with an interest in the Miami Beach Convention Center District. Portman-CMC will perform the following: 1. ANALYSIS Establishing clear project goals and objectives will form the basis for the Master Plan. The team will conduct group and individual sessions and workshops with the various stakeholders and the community to achieve the following: • Establish a clear vision and goals for the project • Establish a clear place for the project within the community • Establish issues to be addressed by this Master Plan • Establish a clear understanding of the area opportunities and constraints • Establish assumptions and priorities The team will specifically explore, examine and consider the following: • Hard and soft landscaping concepts • Convention center activity schedule • Cultural, leisure and entertainment facilities/activities • Opportunities for incorporation of public art • Street widths, pedestrian circulation, traffic , and infrastructure concerns • Opportunities to create a sustainable environment, from a health/social welfare and financial perspectives • Major land use components such as: commercial, retail, residential, cultural, educational, civic, entertainment and recreation, as potential for future development • Estimated overall square footage and potential densities for proposed land use components • Definition of key functional relationships and zoning concepts HOLDiNGS+ GHOUP 628 COLLABORATION & COMMUNITY OUTREACH Master planning is a team effort. It is guided by the collective leadership of the stakeholders, city ,and community. To most effectively define the vision of the project, it is essential that Portman-CMC works in a collaborative effort with the surrounding community. The team's approach is rigorous, interactive and inclusive. Critical to this approach is a unique participatory and consensus-building process. This allows the team to perform and deliver a plan that best responds to a community's various voices. The team's experience has shown Portman- CMC that a master plan without the hands-on involvement of all its stakeholders and participants usually will not be implemented in a way that satisfies, much less exceeds, the expectations of every party. Portman-CMC is best suited to formulate this cooperative approach, as recently exhibited in the Hilton San Diego Bayfront Hotel and San Diego Convention Center expansion projects. In both instances, members of the team worked in partnership with the California Coastal Commission, Port of San Diego and local community groups to prepare a Master Plan for the hotel and expansion plan for the Convention Center that produced the best results for all parties. Most important to this RFQ, key members of this team also worked on the project to formulate a phased effort that revolved around the Convention Center schedule of events-ensuring minimal disruption and no shut-down of the facility. The Portman-CMC team will formulate and implement the development of the Miami Beach Convention Center District by employing the same collaborative practice with the goal of achieving similarly excellent results. Through the participatory and consensus-building process in Miami Beach, the team will gain a firm, detailed understanding of the objectives of the City and the surrounding community by working hand-in-hand to determine the program, development plan, sequencing and phasing of the various project components in order to maximize profitability and use objectives. ANALYSIS DELIVERABLES During this stage of the process, deliverables include, but are not limited to: • Workshops and progress meetings reports • A preliminary report which documents the following: • Statutory and regulatory authority requirements and desires • City and community outreach vision • Documentation of key site details and conditions • Requirements for the Master Plan documentation • An initial traffic impact report • An initial sustainability analysis in terms of site context and opportunities available from the site • Conceptual development program of anticipated uses and areas Pli\NNING & BILITY Collaboration and community outreach is an ongoing process, and in this step the team will conduct further interviews and workshops with the city and community to further define the future land use opportunities for the area and, most importantly, the connectivity of all the components to create one cohesive, thriving district. Planning for community use is a starting place in the designing and planning of gathering spaces where social interaction can naturally occur. Outdoor materials, ground-forms, trees, and water are considered along with buildings and circulation as part of an overall spatial reticulum. GilOUP 629 ~PP~O~C~ TO D~V~LOPffi~HT 0~ m~~T~~ Pl~H Based upon the uses and areas identified in the Analysis Phase, the team will begin to prepare an overall project feasibility analysis. The team will prepare draft budgets and pro formas for all elements of the project, and begin to fine-tune the proper mix of the building components. This preliminary development analysis will begin to define the capital requirements of the project. PLANNING & FEASIBILITY DELIVERABLES During this stage of the process, deliverables include, but are not limited to: • Utilize the land use program to derive conceptual diagrams which illustrate the relationship between components, such as: • Functional relationships & connectivity • Circulation • Public space allocation • Functional zoning • Walking distances • Nodes, landmarks and areas of importance • Future growth potential • Building footprints • Parking • Phasing • Traffic flow and road network • Diagram the connectivity of key components in relation to the surrounding area which includes, but is not limited to: • The Convention Center • The Performing Arts Center • The Collins Park Cultural District • The Holocaust Memorial • The Botanical Gardens • lincoln Road • Break down square footage by functions and also by land area • Key dimensional characteristics of building heights, setbacks and massing • Visual imagery and theme identification • Preliminary development program and budget • Preliminary feasibility study 3. PHYSICAL PLANNING The Master Plan Report is a tool for checking and recording conformance or divergence with the approved Analysis, Planning and Feasibility. Portman-CMC will prepare for review a Preliminary Master Plan Report to define the parameters for the final report. During this phase, the team will describe the economic and community benefits to the City as a result of the project development. This Preliminary Master Plan will be presented to all stakeholders and the community for feedback. As a result of this input, the Final Master Plan Report will evolve. 630 I I I I FINAL DELIVERABLES OF THE MASTER PLAN REPORT SHALL INCLUDE: • Market feasibility analysis • Economic feasibility analysis • Traffic impact analysis • Statutory and regulatory analysis for compliance • Sustainability analysis • Detailed breakdown of program areas • All physical planning deliverables MASTER DEVELOPMENT PLAN PROCESS CONCLUSION Portman-CMC will develop the visionary idea and concept of the Miami Beach Convention Center District and turn that vision into reality. The benefits of the Portman-CMC team as the Master Developer are numerous: • An experienced design and management team ready to mobilize • The ability to create unique products providing market advantages • A demonstrated ability to attract and secure financing for large development projects • A proven management team with over five decades of experience 631 POIHMAN HOLDINGS + CMC HOLDINGS -+ GPOUP 632 N I uth Beac April23, 2012 City of Miami Beach Procurement Department 1700 Convention Center Drive Miami beach, FL 33139 M "C" The South Beach Arts, Culture, Entertainment (SB ACE) team-Tishman Hotel & Realty (THR), UlA Management (UIA), and the Office for Metropolitan Architecture (OMA)-is pteased to present our qualifications for the master plan and development the Miami Beach Convention Center District We have assembled a team with diverse expertise to address the ambitions that the has set forth in this RFQ-improving MBCCD and surrounding area; generating demand for high impact conventions, meetings and tradeshows; and creating a mixed~use district with year-round activities< The following materials illustrate why our team is uniquely positioned to deliver a thoughtful and balanced project with the ideal blend of functionality and activation for residents, tourists, the City administration and region as a whole. The ACE team has extensive designing, financing, developing, constructing and managing projects similar to the MBCCD in and around the world. THR's portfolio of developed projects Includes the revitalization of Times Square {consisting of the Westin New York, E Walk retail complex and the InterContinental New York Times Square), and the Walt Disney World Swan & Dolphin. Locally based UIA Management's portfolio includes the recently completed and highly acclaimed 11 11 Uncoln Road project Led by Pritzker Prize winning architect Rem Koolhaas, OMA brings a fluency ln architecture, urbanism and cultural analysis to the SB ACE team. In addition to the firms above, the SB ACE team will incorporate expertise from specialists in public finance (Goldman Sachs), convention center and hotel architecture (tvsdesign), landscape architecture and urban planning (MVVA and Raymond Jungles, Inc.) and engineering and construction services (AECOM I Tishman Construction Corporation)< Our team has considerable experience working in co!!aboration with local government community boards, and residents to maximize architectural significance and economic returns on projects similar scope and lmpact This proven e::>.'Pertise will play a key role in this project's success< Our team views this project as an unparalleled opportunity to make a long-term investment into the creation of a "new point of civic convergence" for Miami Beach, We !ook forward to presenting our plan for the development of the Miami Beach Convention Center District and discussing any further questions that may arise regarding our enclosed qualifications. Thank you, Tishman Hotel & UIA Management OMA Dan Tishman Robert Wen nett Rem Koolhaas 633 - Comprised of premier developers, masterplanners and designers, the South Beach Arts, Culture, Entertainment (SB ACE) team appreciates the opportunity to present our qualifications to develop a 21st century master plan for the Miami Beach Convention Center District. Our team sees the future MBCCD as a district that will enhance the City's reputation as a center for iconic architectural and civic design. We are excited by the potential to work with the City of Miami Beach in transforming the MBCCD into a vibrant and active new point of civic convergence. Utilizing the team's collective experience, Tishman Hotel & Realty, UIA Management, and OMA and the rest of our Team will work in collaboration with local stakeholders and apply the discipline of a generational investment perspective to deliver a masterplan that will: • Enhance and connect with the energy of the existing Lincoln Road retail and entertainment corridor, the Collins Park Museum District and the dynamic Collins Avenue oceanfront hotel corridor • Create a distinct identity reflecting the district's vibrant commercial, cultural, and residential life, • Add economic and cultural value to the City on a year- round basis, and • Create a financially feasible and buildable vision for a new point of civic convergence. Master Development Team To this end, we have assembled a world-renowned development team with decades of experience in the research, master planning, design, construction, and management of major civic development projects. Our development team is supported by strong financial and legal resources to ensure maximum private sector participation. The lead Master Developer, THR, is comprised of a diversified group of real estate, financial, hotel management and leasing specialists complemented by a technical staff of architects, engineers and construction management professionals. With roots dating back to 1898, THR's current portfolio includes approximately 6,100 hotel rooms, 560,000 square feet of meeting space, 270,000 square feet of retail space and 49 restaurants. As a family-owned company, THR's core values play an integral role in each development and have successfully guided the firm from inception to its current form. The three pillars ofTHR's development philosophy -long-term focus; context-appropriate design and program; and team stability-are well aligned with the City's objectives for the MBCCD development 634 THR maintains a strategic relationship with both Tishman Construction Corporation (TCC) and AECOM. TCC is a full-service construction manager, owner's representative, and project manager. TCC is responsible for the construction of over 500 million square feet of space, which includes facilities of every asset class and size. AECOM is a global provider of professional technical and management support services-providing consultation in areas such as transportation planning, facilities, environmental strategies, energy, water, and governmental procedures and regulations. With approximately 45,000 employees and clients in 130 countries, AECOM's revenue in 2011 was over $8 billion. Our Miami-Beach based development firm, UIA Management (UIA), was formed in 2002 to pursue value- added and opportunistic investments in office, residential, and mixed-use properties located in prime urban locations across the United States. UIA's portfolio includes the recently completed and highly acclaimed 11 11 Lincoln Road, which has sparked a resurgence in the area from its opening in 2010. UIA's founder, Robert Wen nett, has over 25 years of experience in acquisitions, structuring, and negotiating real estate transactions aggregating $3 billion in value. In his role as President, Mr. Wennett is responsible for UIA's ambitious national development plan, as well as the creation and implementation of its investment and acquisition strategies. Team As leaders of the design team, the Office for Metropolitan Architecture (OMA) brings expertise in urbanism, architecture, and cultural analysis to the master planning strategy for the South Beach ACE district Since its inception in 1975, OMAhas gained renown through a series of groundbreaking projects including Maison a Bordeaux ( 1998), the Netherlands Embassy in Berlin (2003), Casada Musica in Porto (2005), and the Zeche Zollverein Historical Museum and master plan in Essen (2006). OMA designed buildings currently under construction include the new headquarters for China Central Television a tower reinvented as a loop in Beijing; the adjacent Television Cultural Centre; Shenzhen Stock Exchange China's equivalent of the NASDAQ exchange for hi-tech industries and De Rotterdam, the largest building in the Netherlands. The work of Rem Koolhaas and OMAhas won several international awards including the Pritzker Architecture Prize in 2000, while OMA's international experience with public projects has contributed tangible results to urban regeneration including Euralille Masterplan in Lille, France, a Masterplan for AI mere in the Netherlands, and the revitalization of a former coal refinery and UNESCO World Heritage site Zeche Zolleverein in Essen, Germany. OMA believes strongly in design as a process, viewing every parameter of a project as an opportunity rather than a constraint-an approach that will drive the development of a visionary, yet feasible plan for the future of the MBCCD. OMA will work in tandem with tvsdesign, which has designed mixed-use spaces for over four decades. tvsdesign has grown by developing a specialized expertise in convention center and hotel architecture that not only :ll l - sets the standard for excellence in design, but also serves as an engine for economic growth and development. tvsdesign has been involved in all phases of high profile and complex convention center and hotel projects in Washington, D.C., Chicago, Detroit, and Nashville as well as Nanjing, China and Puerto Rico. tvs brings technical expertise to pair with OMA's urban and architectural design expertise. Our landscape designer, MWA, creates environmentally sustainable and experientially rich places across a wide range of landscape scales. The firm's projects have received numerous honors including awards from the American Society of Landscape Architects, the U.S. National Park Service, the Municipal Arts Society of New York City, the Royal Architecture Institute of Canada, the Institute of Transportation Engineers, the Building Stone Institute, the Waterfront Center, and the National Trust for Historic Preservation. To ensure connectivity with the surrounding area, MWA will collaborate with Raymond Jungles, the Miami-based landscape architect responsible for 11 11 Lincoln Road's outdoor Financing Approach With respect to project financing, THR, along with UIA, will take the lead role in providing equity. Additional equity will be drawn from institutional investors. As active developers, THR and UIA have long-standing relationships with major debt and equity sources, and have typically raised all financing without the use of intermediaries. Some of THR's current and former debt and equity partners include MetLife, Lehman Brothers, ABP, Rodamco, Prudential, Wells Fargo, Goldman Sachs and Merrill Lynch. Our team's master plan will be structured so that each use will be financed independently-ensuring that each partner will share THR's and UIA's long-term investment perspective. This approach typically results in a lower cost of capital, and consequentially a greater economic value for the City. In addition, THR has significant experience in devising creative public/private partnerships to develop complex, high-profile projects. To supplement our experience, we have retained Goldman Sachs to help us identify all potential sources of Federal, State, County and City funds and determine the least expensive way to access those funds. Counsel Our team will be represented by Bilzin Sumberg Baena Price & Axelrod, which has represented developers and investors across South Florida, and has been instrumental as legal counsel to both private development ventures and public-private partnerships within the City of Miami Beach. The firm's attorneys have represented clients through all aspects of the government regulatory approval and permitting process, including planning and zoning applications, development agreements, and complex environmental and land use permitting. Bilzin Sumburg has also served as legal counsel on various multi-billion dollar public-private partnerships, including convention centers, rail and transit facilities, airports, marinas, sports facilities, healthcare/life sciences facilities, water and sewer facilities, parking structures, and various infrastructure developments. Community Partnership To demonstrate our fundamental commitment to creating a meaningful partnership with the community through the master planning process, our team has engaged the services of Victor M. Diaz, Jr. and VM Diaz & Partners to serve a lead role in soliciting input from key stakeholders and the community sa whole and ensuring that it is incorporated into our master plan. A recognized advocate for quality design and sustainable development, Mr. Diaz brings to our team over two decades of experience in dealing with public collaborative processes in reviewing development projects in Miami Beach, as well as a fundamental understanding of our City's existing and desired land use regulations, high standards for design excellence and aspirations to develop a signature reputation for attracting the highest quality of 21st Century architecture which complements our City's historic fabric and architectural legacy. Master Pian Approach Together with THR and UIA, lead planner OMA's approach to the MBCCD's Master Development Plan will be driven by the principles of research and collaboration. Through an initial research phase, OMA will evaluate the current cultural and economic landscape to determine and define the optimal potential for the future development of the MBCCD area. Concurrently, OMA will pro-actively collaborate with the City and the community in Miami Beach, through an extended series of intimate meetings between clients, engineers, architects, the City, and stakeholders. This extended collaboration will take multiple forms from public workshops, expert roundtables, focus group meetings, to one-to-one interviews with conference center management and staff, trade show representatives and City officials, and support through virtual feedback tools. In collaboration with key stakeholders and the additional design team members, OMA will develop a vision for the future of the MBCCD addressing the evolution of the site and the identity of a future South Beach ACE District. We look forward to discussing our team's unique qualifications for this project and trust that the following document details the extensive experience of our development and design teams. 635 Team Summary Neighborhood Stakeholders Goldman Sachs Fin.ancial Advisor Convention Center Stakeholders AECOM VM Diaz & Partners Community Partnership P3, Potential Equity and Guarantee Bilzin Sumberg Baena Price &Axelrod Legal Counsel UIA Local Developer Tishman Construction Corporation Technical Advisor AECOM Technical Advisor Tishman Hotel & Realty Master Developer OMA Master Planner and Lead Architect . tvs.de6ign · c.ilnv&irtlon . Cen«ir.aruf Hotel itM:Intlcal Arcllitaet 1 Miami Beach City Staff & Administration New Vision for MBCCD 636 Tishman Hotel and Realty LP (THR) Master THR is a vertically integrated real estate developer, owner and asset manager. THR's current portfolio includes approximately 6,100 guest rooms, 560,000sf of meeting space, 270,000sf of retail space and 49 restaurants. Roles and Responsibilities: Master developer with primary responsibility for the development process; equity partner; debt/equity sourcing; sole authorization to bind Proposer to this RFQ. Key Personnel: John Vickers, Chairman and CEO David Rothenberg, President Obaid Khan, CFO Paul Diamond, Executive Vice President Primary Contact Paul Diamond T 212.708.6781 E diamond@tishman.com Tishman Hotel and Realty LP 100 Park Avenue New York, NY 10017 T 212.708.6800 sole authorization to bind Proposer to this RFQ UIA Management, LLC (UIA) Local Developer UIA Management is a leading developer of innovative real estate projects throughout the country. A Miami Beach- based firm, the company's portfolio includes the recently completed and highly acclaimed 11 11 Lincoln Road. Roles and Responsibilities: Local development and equity partner; retail specialist Key Personnel: Robert Wennett, President Jeffrey Weinstein, Director of Development Mary Jessica Woodrum, Director of Operations Primary Contact Jeffrey Weinstein T 305.538.9320 E jweinstein@1111 LincolnRoad.com UIA Management, LLC 1111 Lincoln Road Suite 760 Miami Beach, FL 33139 T 305).538.9320 OMA*AMO P.C. (OMA) Master Planner and Lead Architect OMA is a leading international partnership practicing architecture, urbanism, and cultural analysis. OMA's buildings and masterplans around the world insist on intelligent forms while inventing new possibilities for content and everyday use. OMA is led by seven partners including Rem Koolhaas and Shohei Shigematsu, Director of OMA New York. OMA sustains an international practice with offices in Rotterdam, New York, Beijing, Hong Kong, and soon Doha. Roles and Responsibilities: Master planner, lead design architect Key Personnel: Rem Koolhaas, Partner Shohei Shigematsu, Partner I Director OMA NY Maria Finders, Director Creative and Cultural Advisory Jason Long, Associate Primary Contact Jason Long T 212.337.0770 E jlong@oma.com OMA*AMO Architecture PC. 180 Varick St. Suite 1328 New York, NY 1 0014 T 212.337.0770 637 Tishman Hotel & Realty (THR) aster Developer Location 100 Park Avenue New York, NY 100H l 212 708.6800 Team Members John Vickers Davrd Rottrenberg Obaid Krran Paul Diamond Years in Business 114 Number of Employees 80 638 With roots dating back to 1898, Tishman Hotel & Realty is comprised of a diversified staff of real estate, financial, hotel management and leasing specialists, and is complemented by a technical staff of architects, engineers and construction management professionals. THR operates as a vertically integrated real estate company that manages all components of its projects, from feasibility, design, budgeting, financing and development management to ongoing property and asset management. Over the past 30 years, THR has built over 8.3 million sq ft for its own account and, in conjunction with its affiliates, has provided services to more than 160 hotels totaling over 80,000 hotel rooms. THR's current portfolio of owned assets consist of 6 million sq ft of space and includes: 8 hotels with 6,100 guest rooms nationwide and in the Caribbean, 560,000 sq ft of meeting space (including the largest ballrooms in the Midwest, Caribbean and Southeastern United States), 270,000 sq ft of retail space and 49 restaurants. This portfolio includes a collection of the nation's top performing hotels (e.g., The Westin New York, Sheraton Chicago Hotel & Towers, and the Walt Disney World Swar & Dolphin), nationally recognized retail tenants (e.g., Regal Cinemas, Crumbs, Starbucks, 8.8. King's Blues Room, and Shake Shack), and associations with some of the nation's top restaurateurs (e.g., Todd English and Don Shu Ia's). As a family company, THR's core values play an integn role in each development and have successfully guided the firm from inception to current form. The three pillars of THR's development philosophy are as follows: long-term focus, context-appropriate design and program and team stabilityo Long-Term Focus Portfolio-wide, THR focuses on low-leverage and capital reinvestment to maintain the properties' physical conditior and to meet changing demands of customerso With no requirement to recycle capital and a generational perspective, THR is committed to success and stability over the long term. Context-Appropriate Design and Program A core consideration for THR when building a new project the fabric of the neighborhood and the new development's place within. The firm places significant effort in working with all stakeholders, from city officials to local community boards, to fully understand a neighborhood's history and to help direct its future. Examples of this commitment follow with further detail provided later in this section. a. Westin New York and E Walk The Westin New York and E Walk were designed to meet the city and state of New York's vision of capturing the energy, activity and vibrancy of the Times Square area. To accomplish this required extensive interaction with the various stakeholders, bold exterior design and efficient interior programming. The project's unique and architecturally significant design has won numerous awards, including the National Design Award from the Society of American Registered Architects. More importantly, the project has helped transform the neighborhood to a tourist-and business-friendly destination without losing the heart of the old Times Square. b. Walt Disney World Swan & Dolphin Designed to meet Disney's desire for a themed convention complex to anchor the larger boardwalk convention and meeting area, THR worked closely with the Disney team to bring Disney's vision to life. The Dolphin and Swan were designed to and successfully created a sense of drama that set the tone for the rest of the boardwalk development. While significant additional capital has been invested into the complex to maintain its physical condition, respond to changing consumer tastes and adapt to the evolving competitive environment, the properties' timeless design remains much the same as when it first opened its doors in 1990. c. Sheraton Chicago Hotel & Towers The Sheraton Chicago Hotel & Towers was one of the first developments in the vast, undeveloped Streeterville neighborhood in Chicago. The simple but elegant design was meant to complement whatever development followed, which was expected to be either office or high-end residential. To serve as an anchor for the neighborhood's development, the property's significant mass required careful and deliberate design. The hotel is widely regarded as one of the best meetings hotels in the country due to key interior elements including excellent separation of the meeting space from the restaurants and bar areas, an intimate feel despite its 1 ,200 rooms, finishes one would expect at a more expensive hotel and an excellent elevator system that eliminates the long waits typical in vertical convention hotels. Team Stability A common thread shared throughout the organization is the consistency of the THR team. Senior THR employees have, on average, over 20 years of experience with the firm, and have collectively worked together on each of THR's developments and related projects. THR's CEO, John Vickers, first joined the firm as an intern; several other senior members joined either directly out of college or shortly thereafter. The stability and knowledgebase provided by such a longstanding and connected team is one of the keys to the firm's success. Relevant projects • The Revitalization of Times Square Westin New York, New York, NY 863 keys, $320 million E Walk, New York, NY 200,000 sq ft, $72 million InterContinental New York Times Square, New York, NY 607 keys, $568 million • The Walt Disney World Swan and Walt Disney World Dolphin, Orlando, FL 2,267 keys, $351.3 million • Rio Mar Beach Resort & Spa, a Wyndham Grand Resort, Rio Mar, PR 600 keys, $178.5 million • The Sheraton Chicago Hotel & Towers, Chicago, IL 1,209 keys, $180 million • The Loews Miami Beach (Advisory role), Miami, FL 800 keys, $170 million 639 E ctS ~ I.. (1,) a. 0 -0 N Tishman Hotel & Realty John Vickers Chairman & CEO, 28 years Dan Tishman Vice Chairman, 22 years Bill Sales Vice Chairman, Real Estate, 4 5 years I AECOM/ Tishman Construction Corporation- I Legal/ Human Resources I Other Gary Buscemi EVP, General Counsel, i 7 years Francisco Ramirez I Hotel Operations Robert Snyder President, 16 years David Bagwell COO, CMO, 9 years I I Finance & Accounting Frank Beck CFO, Corporate & Hotel Operations, 20 years Obaid Khan I Real Estate David Rothenberg President, 25 years Paul Diamond EVP, 20 years I Technical Services Charles Cocotas EVP, 22 years Ron Kollar Chief Design Officer, 18 years lee Karlin Strategic Partner SVP. 5 years Cara Weinrich Jim Claus EVP, 21 years Dennis Mahoney EVP, 27 years CFO, Real Estate, 21 years SVP, 5 years SVP, 4 years Comany Structure Daniel R. Tishman Don Engfer SVP, ·17 years Charles Wojcik SVP, 17 years Don Bartell SVP, 13 years Dawn Walzak SVP, 14, years Kimberly Greca SVP, 8 years Daniel R. Tishman is Vice Chairman of Tishman Realty Corporation and Tishman Hotel Corporation. Mr. Tishman is also Chairman and Chief Executive Officer ofTishman Construction Corporation and Vice Chairman and a member of the Board of Directors of its parent company, AECOM. Mr. Tishman is Chairman of the Board of the Natural Resources Defense Council, one of the world's leading environmental advocacy organizations. He also serves on the boards of the New York Building Congress, the Albert Einstein College of Medicine, the National September 11 Memorial & Museum, Columbia University's Real Estate Industry Advisory Board and the UJA Federation of NY He serves on the Advisory Committee of the Export-Import Bank of the United States and is a member of the Real Estate Board of New York. Mr. Tishman holds a Bachelor of Science degree in Ecology and Planning from Evergreen State College and a Master of Science degree in Environmental Studies from Lesley College. John A. Vickers John A Vickers is Chairman and Chief Executive Officer ofTishman Realty Corporation and for Tishman Hotel Corporation. Mr. Vickers joined Tishman in 1984. Prior to the sale ofTishman Construction Corporation to AECOM in July 2010, Mr. Vickers was also Vice Chair and Principal of Tishman Construction Corporation. Mr. Vickers is a member of the Board of Fellows of Trinity College and 640 Joseph Simone President, Real Estate Services, 19 years Dan Unger SVP, 15 years serves on the Columbia Business School MBA Real Estate Program Advisory Board. He is also a member of the board of the !Payment Corporation and a member of the Board ofTrustees of Buckley Country Day School. Mr. Vickers holds a Bachelor of Arts degree in Economics from Trinity College and a Masters of Business Administration degree in Finance from Columbia University. William Sales William J. Sales is the Vice-Chairman of Tishman Realty Corporation. Prior to joining Tishman Realty in 1997, Mr. Sales was Principal of William J. Sales & Company and a senior investment banker at both Lehman Brothers and Goldman Sachs. Mr. Sales has also held various executive positions at VMS Realty Partners, Property Capital Trust and Chase Manhattan Bank, all in the area of Real Estate Finances and Investment. He is a 1967 graduate of Villanova University with a Bachelor of Science degree in Economics and served as First Lieutenant in the United States Army-Second Infantry Division. David A. Bagwell David Bagwell is Chief Operating Officer and Chief Marketing Officer of Tishman Hotel Corporation. Prior to joining Tishman in 2003, Mr. Bagwell was Executive Vice President and Partner at Buena Vista Hospitality Group spearheading strategic planning for several major properties. He also held the position of Vice PresidenU General Manager for PGA National Resort and Director of Sales and Marketing for the Walt Disney World Swan & Dolphin. Mr. Bagwell has served as a Board Member for Florida Hotel & Lodging Association, Meeting Planners International, as well as other industry related organizations. He received a Bachelor of Science degree in Hotel Management from Florida International University. James L. Claus James L. Claus is Executive Vice President of Tishman Hotel Corporation. Before joining Tishman 1991, Jim served as Vice President of the Abbey Group, Ltd., a hotel owner and operator based in Chicago. His previous positions, comprising 17 years with Hilton Hotels Corporation, include Vice President and General Manager of the Palmer House in Chicago, General Manager of the Hilton at Walt Disney World Village in Florida, and General Manager of the Portland Hilton in Oregon, as well as positions in sales and marketing including The Waldorf-Astoria in New York. Mr. Claus serves on the Board of Directors of the Hotel Association of New York City. He is a Certified Hotel Administrator and a member of Hospitality Asset Managers Association. He presently serves as a Trustee of two industry related health funds and the International Union Pension Fund. Mr. Claus holds a Bachelor of Science degree in Industrial Administration from Iowa State University and a Management Certificate from the University of Southern California. Charles C. Cocotas Charles C. Cocotas is Executive Vice President of Tishman Hotel Corporation. Prior to joining Tishman in 1990, Mr. Cocotas was a Principal of Lehr Associates, an engineering firm. He also held senior positions with the Sheraton Corporation and Stone and Webster Engineering Corporation. Mr. Cocotas is a member of the American Society of Heating, Refrigeration, and Air Conditioning Engineers, the American Hotel and Lodging Association and is on the Executive Engineering Committee of the American Hotel and Motel Association. Mr. Cocotas holds a Bachelor of Science degree in Electrical Engineering from the Massachusetts Maritime Academy. Paul Diamond Paul Diamond is Executive Vice President of Tishman Realty Corporation. Mr. Diamond joined Tishman in 1992. He is a member of the Real Estate Board of New York and the Cornell Hotel Society. Mr. Diamond holds a Bachelor of Science degree from Cornell University. Obaid Khan Obaid Khan is Chief Financial Officer of Tishman Realty Corporation. Prior to joining Tishman in 1991, Mr. Khan was a member of the Capital Markets Group at Merrill Lynch. Mr. Khan's professional affiliations include the Urban Land Institute, the Real Estate Roundtable and the New York Hospitality Council. Mr. Khan holds a Bachelor of Science degree in Cybernetics from U.C.L.A. and a Masters of Business Administration degree in Finance from the Wharton School at the University of Pennsylvania. Dennis Mahoney Dennis Mahoney is an Executive Vice President of Tishman Realty Corporation. Mr. Mahoney joined Tishman in 1985 and is a member of the Urban Land Institute and a Licensed Real Estate Broker in New York. Mr. Mahoney holds a Bachelor of Arts degree in History from College of the Holy Cross and Master of Business Administration degree from Columbia University. David Rothenberg David Rothenberg is President of Tishman Realty Corporation. Prior to joining Tishman in 1987, Mr. Rothenberg was a member of the Real Estate Finance Group at Salomon Brothers Inc. Mr. Rothenberg is a member of the New York Hospitality Council and the Urban Land Institute. He holds a Bachelor of Science -Economics degree in Finance and Entrepreneurial Management from the Wharton School at the University of Pennsylvania. Joseph Simone Joseph J. Simone is President ofTishman Real Estate Services overseeing all facets of third-party Landlord and Tenant representation, including lease negotiation, development, relocation and property management services. Before joining Tishman in 1993, Mr. Simone worked for Cushman & Wakefield, Inc., and was a partner with the Berkshire Group, which developed a regional hotel chain in the northeastern Unites States prior to establishing his own firm, Simone & Company, in 1991. Mr. Simone is a member of the Real Estate Board of New York, Corenet and Urban Land Institute. Mr. Simone holds a Bachelor of Arts degree from Columbia University. Robert Snyder Robert Snyder is President of Tishman Hotel Corporation. Prior to joining Tishman in 1996 as the General Manager for the Doral Park Avenue Hotel, he was the General Manager for the Kimberly Hotel and the Resident Manager for the Plaza Hotel in New York City. Mr. Snyder began his career with Hyatt Hotels and Resorts and spent the first 10 years working in Rooms management positions at the Grand Hyatt New York, the Hyatt Regency Chicago, and the Park Hyatt Hotel. Mr. Snyder is a member of the New York Hospitality Council and holds a Bachelor of Arts degree in Fine Arts from Trinity College. 641 (!) 0 c:: (!) 't: (!) c. >< w "C c:: co c:: 0 M N - Ul anagement (UI ) Local Developer Location 1111 Lincoln Road, Suite 760 Miami Beach, FL 33139 T 305.538.9320 F 305.531.4409 Team Members Robert Wen nett Jeffrey Weinstein Mary Jessica Woodrum Years in Business 7 Number of Employees 642 UIA Management specializes in the identification, acquisition, development and management of value-oriented assets located in prime urban locations. UIA Management was responsible for the ambitious and visionary 11 11 project which transformed the west end of Lincoln Road into a destination location. UIA was formed to pursue value-added and opportunistic investments in retail, residential, office and mixed-use properties located in prime urban locations across the United States. UIA is a direct operator and full-service investment management firm specializing in value-ori- ented investment strategies. The UIA team provides a full range of advisory and investment management services for acquisition, financing, asset management, leasing and improvement of both existing and new ground-up devel- opment of retail, residential, office and mixed-use urban properties, ranging from repositioning and renovation of historic downtown properties to full scale urban develop- ment. Drawing upon the experience and track record of UIA's principals in identifying, managing and reposition- ing assets, UIA seeks to generate attractive risk-adjusted returns in value-oriented, urban real estate through com- petitive investment strategies, such as direct deal sourc- ing, aggressive management oversight and direction, and proven value-added repositioning strategies. Company Structure Robert Wennett, President Robert Wen nett is President of UIA Management, LLC (UIA) and has over 25 years of experience in acquisitions and structuring and negotiating real estate transactions aggregating $3 billion in value. In his role as President, Mr. Wen nett is responsible for UIA's ambitious national devel- opment plan, as well as the creation and implementation of its investment and acquisition strategies. Mr. Wennett enjoys an impeccable reputation in the field of urban real estate. Mr. Wennett has a multi-faceted understanding of urban properties and established relationships with its key players position U lA as an innovative leader in the devel- opment and repositioning of some of the nation's most dynamic commercial real estate, UIA was formed to pursue value-added and opportunis- tic investments in retail, residential, office and mixed-use properties located in prime urban locations across the United States. UIA is a direct operator and full-service investment management firm specializing in value-ori- ented investment strategies. The experienced UIA team provides a full range of advisory and investment manage- ment services for acquisition, financing, asset manage- ment, leasing and improvement of both existing and new ground-up development of retail, residential, office and mixed-use urban properties, ranging from repositioning and renovation of historic downtown properties to full scale urban development. Drawing upon the experience and track record of UIA's principals in identifying, managing and repositioning assets, UIA seeks to generate attractive risk-adjusted returns in value-oriented, urban real estate through competitive investment strategies, such as direct deal sourcing, aggressive management oversight and direction, and proven value-added repositioning strategies. Prior to forming UIA, Mr. Wen nett founded and served as President of Starwood Urban Investments, LLC, where he was responsible for all aspects of the strategic direction and operation of the company and its investment manage- ment and advisory services on behalf of Starwood Urban, LLC, which he formed in 1998 and was its operating part- ner. Starwood Capital was his partner in Starwood Urban. As operating partner he was responsible for the acquisition and repositioning of Starwood Urban, LLC's distinctive office, retail and mixed-use, urban in-fill portfolio around the country at a value in excess of $500 million. From 1998 to 2001, Mr. Wennett acquired, on behalf of Starwood Urban, LLC, a portfolio situated in some of the nation's most sought after urban destinations, ranging from the boutique retail and office districts of South Beach, Florida to the Meat Packing District in New York City, and was responsible for directing the repositioning, redevelopment and ground-up development of the assets in the portfolio, including the development of a $57 million mixed-use resi- dential development in Coral Cables Florida, Prior to forming Starwood Urban, Mr. Wen nett was Senior Vice President of Acquisitions and Executive Officer at Federal Realty Investment Trust, one of the largest publicly-traded real estate investment trusts. During his 12 years with Federal Realty Investment Trust, Mr. Wen nett was responsible for acquiring property valued at well over $2 billion. His most recent project, 11 11 Lincoln Road, has received international status and acclaim and has been featured in The New York Times, Wall Street Journal and Vanity Fair. To fulfill his vision, Mr. Wennett engaged the Swiss-based architectural firm of Herzog & de Meuron, which was responsible for Tate Modern in London and The Olympic Stadium in Beijing, to design the 11 11 project. Alongside Herzog & de Meuron, Raymond Jungles, a Miami-based landscape architect, designed the gardens, which feature water elements containing mature plantings indigenous to the area. 11 11 Lincoln Road is an urban re-development project designed to showcase Miami's international prominence as a 21st century destination for art, culture and commerce. Jeffrey Weinstein, Director of Development Mr. Weinstein is the Director of Development for UIA Management. Mr. Weinstein is involved in all aspects of the development process including site acquisition, entitle- ments, design, permitting, construction, lease negotiations and financing. For the last 5 years, Mr. Weinstein was in charge of managing the day to day development related activities for the 11 11 Lincoln Road project. Additionally, Mr. Weinstein supervised the public private partnership with the City of Miami Beach for the redevelopment of the 1100 Block of Lincoln Road. The 11 11 project rep- resented $65 million in total development costs and has received several awards for its forward thinking design and concept. Mr. Weinstein has significant experience manag- ing the design and construction process from conceptual- ization through execution. In addition to his development experience, Mr. Weinstein is actively involved in all brand- ing and marketing efforts for UIA Management and their associated projects and properties. Prior to UIA Management, Mr. Weinstein was an associ- ate at Nexus Development Group where he oversaw the acquisition of nearly $125 million in property surround- ing Miami's Design District. There he was in charge of site identification as well as all financial underwriting for the company's development plans. Before Nexus, Mr. Weinstein was an associate for Bayview Financial Group, a real estate investment bank based in Coral Gables Florida. Mr. Weinstein received his B.A. from the University of Pennsylvania and graduated Cum Laude in 2004. Mary Jessica Woodrum, CPA-Director of Operations Mary Jessica Woodrum is the Director of Operations for UIA Management (UIA). She has over 10 years of experi- ence in operating aspects related to day-to-day real estate management and urban real estate development. In her role as Director of Operations, Ms. Woodrum directs and supervises the investment management, operation and financial performance of all assets of UIA and its related parties' assets, including the oversight and reporting of financial performance, budgeting, cash management, accounting, tax planning and compliance functions. In addition to these responsibilities, Ms, Woodrum is actively involved in all facets of UIA's business and investments, including acquisitions, dispositions, development, con- struction, and leasing, in addition to operations and finance. Prior to joining UIA, Ms. Woodrum was Controller of Urban Investments Advisors, LLC, from June 2002 to the eventual sale of its assets at the end of 2004. She was involved in all financial aspects of the Urban Investments Advisors, LLC's portfolio of urban, mixed-use properties around the country performing many of the same functions as she currently undertakes at UIA Before transitioning to Urban Investments Advisors, LLC, Ms. Woodrum was an auditor with Arthur Andersen, LLP. Ms. Woodrum is a Certified Public Accountant regis- tered in the state of Virginia. She received her Master's of Business Administration degree from Lipscomb University in Nashville, Tennessee, and her Bachelor's Degree in Accounting and Business Administration from Washington and Lee University in Lexington, Virginia, She is a member of the AI CPA and other trade associations. 643 Q) 0 c: (1,) 'i: (1,) a. >< w "C c: ro c: 0 Office for Metropolitan Architecture Master Planner and Lead Architect location OMA 'AMO Architecture PC 1 BO Varick Street Suite 1328 New York, NY 10014 T 212 33/ 0770 Team Members Rem Koolhaas, Partfler-in-Collaboratron Shohei Shigematsu, f'artner-in-Charoe Maria Finders, Dr rector Creative and Cultur-al Advisory Jason Long, Associate Project Manager Jason Long, Associate Years in Business 37 Number of Employees 300 the a/Jove numbers apply to OMA "A!\110 Architecture ec·s parent company, Office for Metropolitan Arclritecture It) (O.M A) Sleclebouw B V (Rotterdam) c:o - 644 OMA's objective with any design is to provide the client with new, original concepts and a practical architecture with visionary ambitions. With each project, OMA aims to devise architectural or urban responses that perform in a climate of continual change. OMA believes strongly in design as a process, and approaches each condition imposed on a project as an opportunity rather than a constraint. Addressed intelligently, normally restrictive factors have assisted OMA to provide innovative urban design while meeting tight budgets and rigorous design and construction schedules. OMA OMA is a leading international partnership practicing architecture, urbanism, and cultural analysis. OMA's buildings and masterplans around the wo1rd insist on intelligent forms while inventing new possibilities for content and everyday use. OMA is led by seven partners and sustains an international practice with offices in Rotterdam, New York, Beijing, Hong Kong and soon Doha. OMA-designed buildings currently under construction include the Musee national des beaux-arts du Quebec; the Taipei Performing Arts Center; the new headquarters for China Central Television-a tower reinvented as a loop -in Beijing; the adjacent Television Cultural Centre; Shenzhen Stock Exchange-China's equivalent of the NASDAQ exchange for hi-tech industries; three buildings in Doha, Qatar; and De Rotterdam, the largest building in the Netherlands. OMA's recently completed projects include New Court, the headquarters for Rothschild Bank in London; Milstein Hall, an extension to the College of Architecture, Art, and Planning school at Cornell University; Maggie's Center a cancer care center in Glasgow (all 2011 ); Wyly Theatre in Dallas (with REX, 2009); and Prada Transformer, a rotating multi-use pavilion in Seoul (2009). Other acclaimed buildings by OMA include the Casada Musica in Porto (2005); the Seattle Central Library (2004); the Netherlands Embassy in Berlin (2003); the liT Campus Center in Chicago (2003); and the Prada Epicenter in New York (2001 ). The work of Rem Koolhaas and OMAhas won several I . I , 9 J l I ! ACTUAL VIRTUAL OMAIAMO international awards including the Pritzker Architecture Prize in 2000, the Praemium Imperiale (Japan) in 2003, the RIBA Gold Medal (UK) in 2004, the Mies van der Rohe -European Union Prize for Contemporary Architecture (2005) and the Golden Lion for Lifetime Achievement at the 2010 Venice Biennale. AMO The counterpart to OMA's architectural practice is AMO, a research studio based in Rotterdam. While OMA remains dedicated to the realization of buildings and masterplans, AMO operates in areas beyond the traditional boundaries of architecture, including media, politics, sociology, renewable energy, technology, fashion, curating, publishing, and graphic design. AMO often works in parallel with OMA's clients to fertilize architecture with intelligence from this array of disciplines. This is the case with Prada: AMO's research into identity, in-store technology, and new possibilities of content-production in fashion helped generate OMA's architectural designs for new Prada epicenter stores in New York and Los Angeles. In 2004, AMO was commissioned by the European Union to study its visual communication, and designed a colored "barcode" flag - combining the flags of all member states -that was used during the Austrian presidency of the EU. AMO has worked with Universal Studios, Amsterdam's Schiphol airport, Heineken, lkea, Conde Nast and Harvard University, produced exhibitions at the Venice Biennale (on the Hermitage museum in St. Petersburg) and Venice Architecture Biennale (on preservation, and on the development of the Gulf), and guest-edited issues of the magazines Wired and Demus. Recent projects include a plan for a Europe-wide renewable energy grid, a 720-page book on the Metabolism architecture movement (Project , Taschen, 201 0) and the educational program of Strelka, a new postgraduate school in Moscow. 645 - Office for Metropolitan Architecture Born 1944 Nationality Dutch Rem Koolhaas founded the Office for Metropolitan Architecture in 1975 together with Elia and Zoe Zenghelis and Madelon Vriesendorp as a collaborative practice. Having worked as a journalist and script writer before becoming an architect, Koolhaas graduated from the Architectural Association in London, and in 1978 pub- lished Delirious New York, a Retroactive Manifesto for Manhattan. In 1995, his book S,M,L,XL summarized the work of OMA and established connections between con- temporary society and architecture. At this moment Rem Koolhaas is heading the work of OMA as well as AMO -the conceptual branch of OMA, a think tank focused on social, economic, and technological issues. Rem Koolhaas is a professor at Harvard University where he conducts the Project on the City, a research program investigating changing urban conditions around the world. The projects include an analysis of the role of retail and consumption in the contemporary society (The Harvard Guide to Shopping). Most recently, Koolhaas pub- lished Project Japan: Metabolism Talks. The work of Rem Koolhaas and OMAhas been cel- ebrated by several international awards, including the Pritzker Architecture Prize (2000) and the Rl BA Gold Medal (2004). In 2005 Rem Koolhaas received the Mies van der Rohe Award for the Netherlands Embassy, Berlin. In 2007, The Royal Institute of British Architects awarded the Casa da Musica concert hall in Porto, Portugal, the European Award and nominated it for the coveted Stirling Prize. 646 Euralile Master Plan & Conorexpo Lille. France Role. PartneHn·Charge (All Phases) Skolkovo Innovation Center Moscow, Russia Role Partner·in·Charge (All Phases) Cordoba Congress Center Cordoba. Spain Role Partner-in-Ct1arge (All Phases) Alrnere Master Plan Alrnere, Netherlands Role. Partner-in·Charge (All Phases) Professional Licenses & Affiliations 2009 State of New York, Registered Architect No. 031643-1 Selected Awards/Honors 2010 Golden Lion for Lifetime Achievement, Venice Architecture Biennale 2007 Elected to the European Council of Foreign Relations 2007 Honorary Doctorate from the University of Leuven 2005 2005 Deutscher Architektur Preis Honorable Mention, Netherlands Embassy, Berlin, Germany 2003 Praemium Imperiale, Japan 2001 Membership legion D'Honneur, highest French honour, awarded by the French Government 2000 Pritzker Architecture Prize Teaching Positions Present Professor, Strelka Institute for Media, Architecture and Design Professor in Practice of Architecture and Urban Design, Harvard University, Cambridge, Massachusetts 1990-95 Adjunct Professor of Architecture, Harvard University, Cambridge, Massachusetts 1991-92 Professor of Architecture, Rice University, Houston, Texas 1988-89 Professor of Architecture, Technical University, Delft, Netherlands - Zeche Zollverein Masterplan and Kohlenwasche Essen, Germany Role: Partner-in-Charge (All Phases) Riga Por·t City Riga, Lalivia Role: Partner-In-Charge (All Phases) West Kowloon Cultural Distnct Hongkong, Cl1ina Role: Partner-in-Charge (All Phases) Pex Pare Des Expositrons France, ·Toulouse Role: Partner-in--Charge (All Phases) 1976 Architectural Association, London, England 1975 University of California, Los Angeles School of Architecture, Los Angeles, California 1975 Institute for Architecture and Urban Studies, New York, New York Books By Rem Koo!haas 2011 Project Japan: Metabolism Talks, Taschen 2008/09 Lagos. How it works. Lars Muller Publishers, expected publication date 2007 AI Manakh, Stichting Arch is 2004 Content, Taschen Publishers 2001 Harvard Design School Guide to Shopping, Taschen Publishers 2001 Great Forward, Taschen Publishers 1995 S M L XL, together with the Canadian graphic designer Bruce Mau 1978 Delirious New York: A Retroactive Manifesto for Manhattan (Translated into French, German, Italian, Japanese, Portuguese and Spanish.) Selected Exhibitions Rothscr1ild Bank London, UK Role. Partner-in-Charge (All Phases) Dee & Charles Wyly Theater Dallas, TX. USA Role: Par1ner-in-Charge (All Phases) Prada Transformer Seoul, Korea Role: Partner-in-Charge (All Phases) Seattle Central Library Seattle, WA USA Role Partner-in--Charge (All Phases) 2006 'OMA in Beijing' exhibiton at MoMA, New York 2006 Image of Europe, Heldenplatz, Vienna 2004 Image of Europe, Rond Point Schuman (temporary circus tent), Brussels 2004 Image of Europe, Haus der Kunst, Munich 2004 Content, Kunsthal, Rotterdam 2003 Content, Neue Nationalgalerie, Berlin, Germany 2001 "Mutations," Raffinerie, Brussels, Belgium 2000 Mutations,Arc en Reve, Bordeaux, France Living (extended) at the ICA, London, UK 1997 New Urbanism: Pearl River Delta, Documenta X, Kassel, Germany 1994-95 Rem Koolhaas and the Place of Public 647 Office for Metropolitan Architecture Born 1973 Nationality Japanese .. I Shohei became Director of OMA New York in 2006, and a Partner in 2008. Under the direction of Shohei Shigematsu, the New York office has overseen the suc- cessful completion of Milstein Hall, an extension to the College of Architecture, Art and Planning at Cornell University (2011 ). Most recently, OMA New York cel- ebrated the grounbreaking of their design for the Musee national des beaux-arts du Quebec. Mr. Shigematsu also led a number of competition designs for major institutions including the Broad Art Foundation in Los Angeles and the San Francisco Museum of Modern Art (SF MoMA). During his time at OMA, Shohei Shigematsu has acted as lead architect for many projects in various phases including the Whitney Museum Extension (2001) and a luxury residential tower at 23 E 22nd Street (2008) in New York. Having led the team that won the design competi- tion in 2002, he served as project architect for the CCTV (China Central Television) Headquarters in Beijing until the end of design development Mr. Shigematsu also directed OMA's winning competition entry for the Shenzhen Stock Exchange (SSE) Headquarters in Shenzhen, China (2006). Mr. Shigematsu designed the world-traveling exhibi- tion "Waist Down," featuring more than a hundred skirts designed by Miuccia Prada. The exhibition was first launched in Tokyo (2003), and has since appeared in Shanghai (2004 ), New York and Los Angeles (2005) and Seoul (2009). He also led the design for Prada's London and Shanghai epicenters. He is a visiting faculty member of Columbia University's 648 Universal Studio HG Building Los Angeles Baltic Pearl Masterplan, SL Petersburg, Russia UN City New York, NY .JTC Masterplan Singapore Graduate School of Architecture, Planning, and Preservation, Harvard University Graduate School of Design, Cornell University, College of Architecture, Art and Planning and for Kyoto University of Art and Design. Selected 2012 The End of Business as We Know It Conference: European Business Council in Japan "Programmatic Sustainability" 2012 Barbican Art Gallery, "On Generations: In Conversation with Bjarke Ingels" 2011 Columbia University, Supercities and Megamigrations Conference, "City-Like Architecture" 2011 TEDGiobal Edinburgh, "Specificity3 (cubed)" 2011 Storefront for Art and Architecture, "WHAT IS DESIGN? A Manifesto for the Gwangju Design Biennale" 2010 TEDxEast New York, "Super-Specific" 2009 Harvard GSD, "GSD NOW! In Conversation with Moshen Mostafavi" Academic Involvement 2012 Visiting Faculty, Columbia University, "Re-Run" 2011 Visiting Faculty, Columbia University, "Double Dip" 2009Visting Faculty, Harvard GSD, "Stimulus Package: Post Crisis" 2007-9 Visiting Faculty, Cornell University AAP "fUN studio;" "St. John's Center;" 2007 Design Critic, Yale School of Architecture Koningin Julianaplein The Hague, Tfle Netherlands White City London, United Kingdom Almere Master Plan Almere, Netherlands Milstein Hall ·· Cornell University Ithaca, NY, USA Role: Partner-in-Charge (All Phases) 2007 Design Critic, Princeton University School of Architecture Graduate Program Professional Experience 1999 Office for Metropolitan Architecture Musee national des beaux-arts du Quebec, Quebec Milstein Hall, Cornell University, Ithaca, New York 23 East 22nd Street residential tower and CAA (Creative Artist Agency) Screening Room New York, NY 111 First Street, Jersey City, New Jersey Torre Bicentario, Mexico City, Mexico Shenzhen Stock Exchange Tower, Shenzhen, China Zaragoza Museum, Zaragoza, Spain Prada London Design, London, United Kingdom Baltic Pearl Masterplan, St. Petersburg, Russia Prada Shanghai Design, Shanghai, China White City London Masterplan, London, UK CCTV Headquarters and Television Station, Competition and Design Development, Beijing, China Prada Skirt Exhibition Design in Tokyo, Shanghai, New York, Los Angeles Whitney Museum Extension, New York, New York UN City, New York, New York China National Museum, China LA County Museum of Art, Los Angeles, California Isola Parodi, Genoa, Italy Almere Grote Parkeer Garage, Almere, The Netherlands China Central Television HQ Beijing, China Role: Project Designer (Competrtion- Extended Preliminary Design DD) Shenzhen Stock Exchange Shenzhen, Ctrina Role: Associate-in-Charge (Competition) AI mere fllok 6 Almere, Ttre Netherlands Role Partner .. in-Ct>arge (All Phases) Idea Vertical Campus, Tokyo, Japan House in Bahamas, Bahamas Almere Masterplan Block 6, Almere, The Netherlands Rotterdam Central Station, Rotterdam, The Netherlands JTC Masterplan, Singapore Breda Masterplan, Breda, The Netherlands Zurich Stadium, Urban Development, Zurich, Switzerland Universal Studio HQ Building, Los Angeles, California 1996-97 NKS Architects Fukuoka, Japan 1997 Matsuoka+ Won Architects, Fukuoka, Japan 1996 Toyo Ito Architects & Associates, Tokyo, Japan 649 Approach to the Development of the Masterplan South Beach Arts, Culture, Entertainment (ACE) Located at the crossroads of South Beach, Lincoln Road and an emerging cultural zone surrounding the New World Symphony and Collins Park, the new MBCCD will be a nexus for Arts, Culture, and Entertainment in South Beach: SB ACE. Paradoxically, the Miami Beach convention center-a typology devoted to the dynamic exchange of ideas and goods--has never been a catalyst of urbanity. The scale of the exhibition halls-together with the infrastructure and parking they require-typically create a fortress within the city, inaccessible except to the convention visitor. The new MBCCD masterplan could project a new model for both the operation of the convention center and its relation to the city around it Naming our team and the district "South Beach Arts Culture Entertainment" or SB ACE signals our collec- tive ambition to cultivate a dynamic neighborhood: one that attracts new, potentially global audiences while strengthen- ing connections to South Beach. Succeeding in creating this new point of civic convergence will require innovative planning, and a coherent integration of convention expertise and local knowledge. While the marketplaces and products driving conven- tions have varied over time, the desire to experience the marketplace first-hand remains strong in spite of the rise of online commerce and social networking. In 2011, growth was projected for conventions in square footage, exhibiting companies, attendance, and revenue. On the other hand, significant changes can be seen in the demographics of conference attendees, the numer of internationally exhibit- ing companies, variation of staging effects, and the impact of an increasingly competitive convention center market Our team sees potential for new strategies to re-examine the typology of the convention center both in the context of Miami Beach and on a global scale. Understanding the convention center's embedded connections to local busi- nesses, service industries, and key connection corridors to the surrounding community; a re-thinking of the convention center will consequentially examine and respond to the sur- rounding community and larger network that both supports and draws from the existing convention center. 650 c: m -D.. ,.., c: Q) E c.. 0 -Q) 6; c .... Q) ,.., tn m :2: 11+- 0 ,.., c: Q) E c.. 0 ..... Q) 6; c 0 ,.., ..c: 0 m E c.. c.. <( - Above all, we think the SB ACE District has to reflect char- acteristics of a city: to be flexible, absorbing, functional, surprising. The district must be porous like a sponge, not hermetic like a bubble. The SB ACE District has to welcome its local community with the same conviction and precision as the virtual community of convention visitors and tourists from outside Miami. Connectivity As a potential convergence point between politics, perfor- mance, art, culture, history and business, the MBCCD is uniquely positioned to be the center of a web connecting cultural institutions througHout Greater MiamL Our mas- terplan will seek to harness this latent potential through strategic connections to key areas and important cultural, civic and commercial nodes of Miami Beach. The MBCCD is adjacent to three of the most success- ful pedestrian zones in the US: Collins Avenue/beachfront, the Collins Park Museum District and Lincoln Road. Our team's plan for the district will strive to accommodate heavy vehicular traffic while encouraging and densifying pedes- trian circulation. In particular, our plan will improve connec- tions to Lincoln Road, to the Oceanfront hotels, create new links to the Bass Museum and Collins Park, and increase public transportation to the district and pedestrian circula- tion within. By integrating convention center expertise early on, our team will ensure that parking, loading and other necessary infrastructure is accommodated without forming an impediment to larger ambitions. Public Realm In order to create a vibrant public ream, SB ACE will need to engage with its surroundings, not just operationally, but also urbanistically and programmatically. We will consider public space not as a residue-the spaces between architectures-. but as essence: an independent medium that will allow the public to negotiate and enjoy the abundance of facilities. As the success of the New World Symphony's SoundSpace Park has shown, public spaces can be catalysts for animating existing buildings and engaging the surrounding community. Synergy Our team will explore massing strategies that respond to the existing context while exploiting new opportunities to maxi- mize the financial and urban potential of the district. Rather than compartmentalizing hotel, theater and civic programs around the perimeter of the convention center, could they be integrated? Will the new built area further reinforce the isolation of the MBCCD-replacing barren parking lots with interiorized commercial spaces-or can it act as a connector, embedding open spaces as well as operational flexibility? As 1111 Lincoln Road has shown, elements of the city typically assumed to be in conflict-parking, entertainment, retail, culture-can in fact be mutually beneficial. Through the careful coordination and juxtaposition of the hotel and other programs, a similar overlap and synergy between diverse arrays of activities could be fostered. This can unlock the MBCCD's potential to engage multiple publics: convention goers, adjoining neighbors, Miami Beach residents, residents of the greater South Florida region, tourists, and a growing contingency of cultural visitors. Currently the MBCC and the surface parking lots that surround it are obstacles within South Beach (1), severing its most vibrant parts from one another. We will develop a plan to integrate the MBCCD into the surrounding city (2), unlocking its potential as Miami Beach's public center. Like Rome, the MBCCD can become a seamless conjunction of exterior and interior public spaces embedded within an unmistakably urban fabric (3). 651 Collaboration Our team sees collaboration being vital to the success of the SB ACE District, as a master plan must translate into the physical the ideas, philosophies and needs of its stakehold- ers. Crucial to identifying major planning and development- related issues and issues in the community is a coherent public engagement strategy. While it is essential to involve citizens and their representatives in any major planning effort, it is easy to waste resources on inefficient and poorly focused efforts that do not give effective direction to the work. Our team members have a strong track record of drawing out representative, thoughtful input from citizens that can offer real-world guidance to the project. West Kowloon Cultural District, Hong Kong One example of the team's experience working with the community is OMA's masterplan for the West Kowloon Cultural District in Hong Kong. OMA participated actively in a Public Engagement process organized by the West Kowloon Cultural District Authority, but, sensing that many issues went beyond architecture, felt a responsibility to engage Hong Kong more directly. After establishing an office within Hong Kong, OMA assembled a team of urban planners, researchers and architects derived from Hong Kong, China, and around the world-assisted by expert cultural, financial, and political advisors-to help the firm further understand local conditions. OMA and its advisors organized a series interviews and surveys with citizens from all parts of society -from people on the streets of Kowloon to government officials in Hong Kong & mainland China. OMA actively sought out the views of people who we felt were essential to the viability of the District-local business people, but also the representa- tives of cultural & educational organizations throughout the region, and the artists, performers, and curators on whose work WKCD would depend. Miami Beach Outreach To engage the community and City of Miami Beach, the SB ACE team will apply a similar, pro-active approach throughout the development of our masterplan. Our team will lead an extended series of intimate collaborations- brainstorms, presentations and workshops-between clients, engineers, architects, the city and stakeholders- including residents. Through these events, feedback from the community and public officials will be fully integrated into initial design concepts, rather than being an after-thought to aesthetic imperatives, providing the City with a coherent masterplan that provides innovative solutions to concrete issues. Through this approach, the knowledge of all con- stituencies whose support is vital to the successful rede- velopment of the Convention Center District can be used to develop an masterplan that incorporates the needs of exist- ing and future stakeholders while engaging the community that must support its development. Expert Roundtable The SB ACE team will host a roundtable with cultural experts for an in-depth discussion on the way culture can shape the potential for the convention center district. The SB ACE team will work with local and international experts to understand the issues affecting the MBCCD. om lncluolve ......... s~ace Harbourfrontw_ .... ,... Community-~-Public space -·,--~ ConnectiviW ---~.-;.~~~ .. "-""'*··-liN"•"''""" !""'k --..AUdl&nCe"""""'''--•-•A,ceEt&Sibilllty' &\ -~Waterfront promenade ~ ..... - Outdoor spaC*~mt•~~-'-'~a~mo Sustaina -...,..,. ........., Chinese culture HK chan~ctariotlcs To"""" .. Pollcylntemad ohowotiVIclorio.....,_v.-.. IM..,b41c Integration , ... trw~ --~-·-·• houro-Visionwxcoao ... ',...,,"",.,"" porform11 ___ ._. district ......,_Art~~...w.,__ ~~Pu=~bor-Future aanarations 652 c: m -Q. ....... c: Cl> E c. 0 Cl> ~ 0 s... Cl> ....... (IJ m :aE ~ 0 ....... c: Cl> E c. 0 Cl> ~ 0 0 ....... .J: 0 m e c. c. <( - Focus Group Meetings To accommodate various stakeholder groups, our team will organize focus group meetings to incorporate feedback and advice from various specialty advisors. One-to-One Interviews One-to-one interviews with residents of Miami Beach, conference center management and staff, trade show representatives, and city officials will provide in-depth knowledge of experience wlth the existing district Our team will engage key local players shaping the SB ACE District including retail owners along the pedestrian thoroughfare at Lincoln Road and Collins park, hotel operators that wlll need to support the re-developed facility, and directors of adjoin- ing cultural venues such as the New World Symphony, The Fillmore, the Bass Museum, the Miami City Ballet, the Holocaust Museum, the Miami Beach Garden Conservancy, SOBE Institute for the Arts and the Miami Beach Public Library. Virtual Feedback While there is no substitute for face-to-face discussions with the public, at some points web-based tools such as online surveys and social networking media can provide new ways to reach and engage those citizens who cannot, or will not, attend public meetings. For the SB ACE District, our engagement with the community will integrate a broad range of digital feedback tools, including (but not limited to) explanatory animations and videos, twitter feeds, and onl!ne po!!s to both engage the public and provide a virtual place for community input Consultation Digest OMA will provide a Consultation Digest to introduce the mas~ terplan for the SB ACE District and clearly explain the planning and design concepts to the public. Establishing clear projection~ for the masterplan plays a crucial role in focusing discussion II on specific goals and administrative issues, as well as attaining community 'buy-in' for the success of the effort. Phasing From design through construction, the SB ACE Team has had ~ direct involvement with an assortment of convention centers W around the world including the Javits Convention Center in New York City, McC.ormi~k Place. in Chicago, the Penns~lvania r Convention Center 1n Philadelphia, the Boston Convention ~ Center in Boston, the Cabo Center in Detroit, the Music City Convention Center in Nashville, the Nanjing Conference and . Exhibition Center in Nanjing, China and the Agadir Convention t Centre in Agadir, Morocco. To meet the City's need for a phased expansion and renova- tion that allows for the continued operation of the Convention f Center and associated components during construction, the I SB ACE team will develop a multi-phase plan that draws from our extensive experience with similar projects and the design p approach appropriate for the Miami Beach Convention Center t District. Javits Convention Center, New York City One example is the successful and ongoing renovation of the Javits Convention Center in New York City, Tishman Construction Corporation's most recent convention center l assignment which is expected to be completed in 2013. TCC's ability to maintain operational use of the facilities while construction is underway was achieved through sig- nificant planning and coordination efforts, which included: • The creation of a 100,000 square feet of expansion space at the northern end of the site; • The utilization of a finished panelized wall system and acoustic blankets to separate construction areas; • The creation of three walkways to connect show space otherwise divided by the work zone; • The addition of lights, sprinklers and life safety devices to create separate work space and maintain safety code requirements; • A weekly review with the Operating Corporation to work around show schedules, move-ins and move-outs; • A quarterly meeting with the Operating Corporation to discuss work schedule and performance. Our team recognizes several similarities between this proj- ect and Javits: • Both facilities are 25 +years old and require careful updating of mechanical systems, electrical systems and finishes; • Both facilities must remain fully operational with a full show schedule throughout the construction process; • Both facilities have the ability serve as important and architecturally influential projects within their respective communities. An overall logistics plan will follow Tishman Construction Corporation's Javits concept of creating swing space first to accommodate convention center shows while construction occurs in the various quadrants. This includes the creation of access to and loading docks for the temporary structure. The construction phases define the sequential renovation of spaces. Schedule and Deliverables At the commencement of the three-month period for the development of the Concept Masterplan and Architectural Concept, our team will initiate a three-week research and consultation phase that will culminate in a Scenario Plan summarizing the key issues and Stakeholder impera- tives. This Scenario Plan provides the basis from which the Concept Masterplan and Architectural Concept will be elaborated. During this period, our team will conduct a series of consultant meetings to incorporate technical and local information. Our team will also host a roundtable with cultural experts early on in the development of the master plan to allow their thinking to influence our team's approach. Following the completion of the Scenario Plan, a five- week period will follow during which the initial concepts and strategies of the Concept Masterplan will be developed. This will include initial expansion strategies for the conven- tion center, focusing on logistical and urban impact Efficient and compact work sessions with stakeholders and consul- tants will be organized in Miami on a regular basis during the development of the master plan. In between these work sessions, the research of history, theses and ideas will be conducted by all team members, leading to a coordinated, well-researched and feasible preliminary Conceptual Plan. In previous projects, these work sessions have happened on a weekly or bi-weekly basis often with stakeholders and consultants present. The final four weeks of the project will allow for the further development of the Concept Masterplan and the incorporation and development of the Architectural Concept Design of the Convention Center expansion. Our final masterplan will include an urban design and phasing strategy, determining the overall layout for the SB ACE, massing of building components and the design and character of the public realm. The Architectural Concept Design for Convention Center Expansion will provide an architectural concept and building design that is well- integrated into the greater site strategy. A summary of all work will be presented as the SB ACE District Concept Masterplan Urban Design and Architectural Report. This will consist of: Development Strategy-Deliverables • Project Schedule • Approach To Project Financing • Economic Impact Study • LOI as outlined in the RFQ SB ACE Concept Masterplan-Deliverables • Evaluation of the site and needs of the stakeholders • Design narrative and approach diagrams • Programmatic guidelines • Proposals for public and private program • Site and Convention Center program and total Gross Floor Area (GFA) • Zoning and land use Plan • Location and character of open spaces • Pedestrian circulation • Vehicular circulation and car parking • Site access I egress • Traffic Impact Analysis And Solutions • Phasing of development • Massing Model to appropriate scale (in-house) • Perspective exterior renderings (total TBD) • Explanatory Animation "Fly-Through" (Length TBD) Architectural Concept Design-Deliverables • Design narrative • 3D massing • Typical floor plans indicating the use with associated area schedules • Buildings typical sections I elevations • Perspective exterior renderings (total TBD) 654 t: C'O -Q. ... t: (I) E c. 0 -(I) 6; c '-(I) ... (/) C'O ::!: '+-0 ... t: (I) E c. 0 (I) 6; c 0 ... J:: 0 C'O e c. c. <( From: Jeff [jeffsachs@me.com] To: Monday, December 03, 2012 5:47PM Kathie G. Brooks, A.I.C.P. Cc: Ponce!, Maria; Jorge Shortlist Recommendation Kathie, SAG recommends shortlisting the top two firms to enter into LOI negotiations. Here is the basis for our recommendation: -The Committee scores indicate a clear top two teams. There is a measurable gap to the other respondents. with the Committee's ranking. -In our opinion, the teams by Portman and Tishman have much better mixed-use, convention/hotel, ground-up development than the other teams. We believe new-build, ground up experience is more for the Miami project than purchase/renovation experience. All teams interviewed have design firms for each major component, but two ranked firms also have more robust "development" experience that included raising private capital for ground-up construction. - I know some are worried that if two teams are selected and one drops out, the process could be void. I have been doing this since late 1980s and have never had someone drop out at this point. an alternative, the City may consider shortlisting two and also provide that staff can enter into negotiations with the next ranked one drops out. -Most cities engage the community only once a single development team has been selection. However, Miami Beach desires to have a competitive process that actively engages the neighborhood and community before a selection is made. This will require us to create an effective immersion process that is not so over burdensome that we receive the best input from the true thought leaders. While engaging the community with more than two firms is possible, we run the risk of overloading the true thought leaders. -The Miami Beach convention center project is very complex and will both public and private resources to prepare two competitive term sheets that meet the needs of the City, neighborhood and community. Working with two teams will allow us to spend more time making two great proposals. -SAG just finished a similar competitive process in Houston for their HQ hotel. We shortlisted 2 firms out of 11 proposals. Since were only two firms, we got their best people and attention, and the spirited negotiation resulted in a great deal for the City. me know if you have any questions. Jeff Jeff Sachs, Managing Partner Strategic Advisory Group 3848 Saint Annes Court Duluth, GA 30096 p (678) 584-0705 c (404) 307-9277 F (678) 584-0706 1 655 ATTACHMENT "E" CITY MANAGER'S DUE DILIGENCE Financial Capability and Project Financing The RFQ required proposing teams to describe their financial capability and to also summarize their approach to financing private components of the project. The latter required a summary of the proposer's role in capitalization, relationships with capital sources and their commitment to provide all or a portion of the financing. Additionally, the proposers were to provide the proposed financing mechanism for the public components of the project including any public- private partnership structure. As part of the City's preliminary due diligence, Patricia Walker, the Chief Financial Officer, has reviewed the submittals of the top ranked firms and provides the following information. More extensive due diligence is required and will be performed during Phase II for the shortlisted proposers. Portman-CMC Portman-CMC, the first ranked team is primarily comprised of Portman Holdings, LLC, CMC Group, Cirque du Soleil and Whitman Lazenby Properties. Portman Holdings is wholly owned by the Portman family, and their activities are supported financially by Portman Financial Inc, a holding company owned by the Portman family. As a privately owned company, this entity does not release financial statements; however, Portman officials will discuss the company's financial capabilities with the City at the appropriate time. Financial Capabilities Portman was founded, over 60 years ago and in their proposal they stated they have raised over $6 billion in various debt and equity instruments. In regard to equity capital, Portman states that they have worked with a number of major institutional capital sources to finance premier real estate developments throughout the world and have developed relationships with most major US and international banks. Many representative examples are provided in the document. CMC states that they have raised in excess of $1.25 billion in equity and debt financing to fund their development projects and have worked with a number of private and institutional investors to provide equity and has obtained financing from a number of other lenders. Representative examples of their projects are also provided. Approach to Project Financing Portman-CMC intends to minimize public funds and maximize private investment. The team states that they have a proven track record of working with public sector partners, as illustrated in their proposal, to develop and execute structures that meet the needs of both the capital markets and the public and private sector participants. Portman-CMC will lead the process of securing all debt and equity capital for the project. The development team will commit to fund the pre-development costs and will contribute significant and meaningful equity capital, alongside the larger debt and equity partners. Portman-CMC will be the General Partner and source all Limited Partner equity and construction/bonded debt. To enhance these efforts Portman-CMC has retained Piper Jaffray to assist with optimal debt and equity capitalization. 656 The team will consider both traditional and public/private partnership financing alternatives. Under the traditional approach they suggest conventional private financing for the hotel, retail, residential and parking components and tax-exempt financing for the public convention center and any civic facilities. Under the public/private partnership alternative the team states, that the structure will be driven based on the City's goals and objectives as well as a cost benefit analysis of the project components and capital cost alternatives. South Beach ACE South Beach ACE, the second ranked team is primarily comprised of Tishman Hotel and Realty,LP (THR), UIA Management, LLC (UIA) and OMA'AMO Architecture PC (OMA). This group also has Goldman Sachs and AECOM among its other team members. Financial Capabilities As stated in their proposal, from a financial capability perspective, three team members THR, UIA and AECOM have substantial net worth and demonstrated experience, as evidenced by examples in the proposal, in raising project level debt and equity on a project by project basis. All three firms maintain long standing relationships with debt and equity sources. AECOM states that they have in excess of one billion in committed bank facilities with substantial unused capacity. Approach to Project Financing Also stated in their proposal, equity for the private components of the project will come from THR and UIA with additional equity from institutional investors and possibly AECOM. THR and UIA have a long history of investing their own money in developments, as specifically described by representative projects in their proposal, as well as raising equity from institutional and private equity sources on a project by project basis. Privately funded uses may include some combination of hotel, retail, residential, office and entertainment; each may be financed independently so as to attract the least expensive debt and equity for each use. THR believes this will enable them to pay the most ground rent to the City. THR states that they bring a strong stable balance sheet and substantial annual cash flow available to invest as well as many long standing lender and joint venture partner relationships. Further that their equity value is in excess of one billion dollars. They have raised in excess of $5.1 billion dollars in total debt and equity over the last 15 years and have a portfolio valued in excess of $3 billion with their equity valued at approximately $1 billion. THR is a private company and does not publish their financial statements however; they are prepared to provide audited statements or other information in support of the firm's ability to undertake this project to the City at the appropriate time. AECOM, states that they bring a strong balance sheet that provides both the ability to guarantee construction completion and invest as a joint venture partner. In 2011, they state their revenues were $8.1 billion and they had $457 million of cash and in excess of $917 million of available capacity in bank lines of credit. In regard to public project financings mechanisms, THR stated that they have devised creative public/private partnerships to finance high profile projects. AECOM stated that 657 they have a division dedicated to building and financing public/private partnerships. This team will assist with a financing structure that will likely include a combination of traditionally tax exempt financings secured by Resort Tax, Parking Revenues, Non Ad Valorem sources and an extension of the RDA. Additionally they will work to develop other programs to minimize financing risk to the City and have added Goldman Sachs to their team to assist in these areas. Results of Due Diligence Both teams have included information in their proposals which describe strong financial capabilities and significant experience in raising debt and equity capital. Additionally, both teams bring the capacity to invest in the private components of this project and assist with the strategic planning and execution of financing the public portions using either traditional or non- traditional models as the particular circumstance dictates. 658 RESOLUTION TO BE SUBMITTED 659