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Case Study: Legends Park West Memphis, TN William Carson, President - PowerPoint PPT Presentation

Case Study: Legends Park West Memphis, TN William Carson, President Sunwheel Energy + Sustainability Former Dixie Homes Memphis, TN Dixie Homes / Quimby Bayou 2007 Site Preparation 2008 Legends Park East / Quimby Plaza 2010


  1. Case Study: Legends Park West Memphis, TN William Carson, President Sunwheel Energy + Sustainability

  2. Former Dixie Homes – Memphis, TN

  3. Dixie Homes / Quimby Bayou – 2007

  4. Site Preparation – 2008

  5. Legends Park East / Quimby Plaza – 2010

  6. Legends Park West / FedEx House – 2010

  7. Legends Park HOPE VI – Development Partners Developer: McCormack Baron Salazar and Community Capital Sponsor: U.S. Department of Housing and Urban Development SunAmerica Affordable Housing Partners Equity: U.S. Bancorp Community Development Corporation Financing: U.S. Department of Housing and Urban Development Tennessee Housing Development Agency City of Memphis Division of Housing and Community Development Memphis Housing Authority The Health, Education and Housing Facilities Board Enterprise Bank & Trust Hope Community Credit Union Center City Commission Architect: Architecture, Incorporated Site/Civil Engineer: Tetra Tech Contractor: C aroma Construction Co. Community & Supportive Services: Urban Strategies, Inc. McCormack Baron Ragan Management Services, Inc. Property Management:

  8. Sitewide Operating Costs Repl. Reserve 6% Taxes + Payroll • Utilities are #3 Expense Insurance 21% 12% • Utilities + Maintenance combined are #1 Management Fees Advertising 9% + Admin 11% Utilities Redecorating, 20% Maintenance + Grounds 21%

  9. Legends Park Apartments - Today

  10. Legends Park - $100+ Million Redevelopment 81 Unit Senior Apartment Bldg. 134 Mixed-Income Townhouses & Garden Apts. 100 Mixed-Income STANDARD Townhouses & Garden Apts. GREEN 100 Townhouses + Garden Apts STANDARD 14,000 sq. ft. FedEx House Medical Center

  11. Location & Neighborhood Fabric

  12. Diversity/Continuum of Housing Types

  13. Attractive Green Spaces

  14. 1: Explored Cost / Benefit of Green Rating Systems

  15. 2: Experimented with Green Products - Energy Appliances Clothes Washers Energy Star Dishwashers Energy Star Refrigerators Energy Star Electrical Advanced Metering N/A Ceiling Fans Energy Star Emergency Lighting Fixtures Energy Star Interior Lighting Fixtures Energy Star Photocells N/A Envelope Doors (Exterior) – Energy Star Energy Star Flat Roof Coverings Energy Star / Cool Roof Rating Council Roof Shingles Energy Star / Cool Roof Rating Council Windows Energy Star HVAC Central Furnace / AC Combo Units Energy Star Exhaust Fans (Bathroom) Energy Star Exhaust Fans (Kitchen) N/A Geothermal /Air Source Heat Pump Energy Star Thermostats Energy Star

  16. 2: Experimented with Green Products – Water & Materials Paint and Floor Coverings Alternative Natural Floor FSC Certified Carpet (sheet and tile) Green Label+ Carpet Pad Green Label+ Linoleum Sheet or Tile FloorScore Paint Green Seal Primer Green Seal Wood Floor FSC Certified Plumbing Fixtures Kitchen Faucets EPA Water Sense Lavatory Faucets EPA Water Sense Low-Flow toilets EPA Water Sense Showers EPA Water Sense Water Heaters Energy Star Zero Flush Urinals EPA Water Sense Exterior Recycling Containers N/A Sprinkler EPA Water Sense Sprinkler Controls EPA Water Sense

  17. Energy Star Certification

  18. Water Conservation - Interior

  19. Water Conservation - Exterior

  20. Healthy Living Environment

  21. 3: Explored TN Energy & Water Incentive Programs

  22. Solar Energy Installation TVA Green Power Providers Program

  23. 4: Used Life-Cycle Analyses to Set Priorities 1 st Material Cost Repl. 1 st Labor Labor Cost Cost Repl. Maint. Material Cost Cost

  24. Life-Cycle Analysis: Flooring Choices Initial Cost $/sq.ft 20-year cost $/sq ft Bamboo $9.00 $17.04 Carpet Sheet (including pad) $2.75 $23.17 Carpet Square $6.00 $50.33 Ceramic/Porcelain Tile $6.50 $12.32 Linoleum Sheet $4.25 $10.57 Linoleum Tile $6.50 $16.13 Vinyl Plank $3.75 $9.35 Wood (Engineered laminate) $6.00 $10.48 Wood (Solid, prefinished) $8.00 $15.16

  25. 5: Committed to Long-Term Staff & Resident Engagement

  26. Result: Legends Park West (Green) vs. East (Std.)  20-30% Water:  35-45% Sewer:  25-30% Common Energy:  35-45% Resident Energy:  10-15% Waste & Recycling:

  27. Questions or Further Information? William M. Carson President Sunwheel Energy + Sustainability A McCormack Baron Salazar Company St. Louis, MO William.Carson@mccormackbaron.com

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