CU Regents Finance Committee Meeting January 22, 2020 FY19-20 - - PowerPoint PPT Presentation

CU Regents Finance Committee Meeting

January 22, 2020 FY19-20 Capital Requests

1135 Broadway Renovation Engineering Center North Wing and North Tower

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1135 Broadway Renovation

Renée Crown Wellness Institute

Board approved acquisition November 2018

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1135 Broadway Renovation

Renée Crown Wellness Institute

• Renovation of circa 1960s building significant to University Hill business

neighborhood

• Proposed home of the Renee Crown Wellness Institute, an interdisciplinary

research institute with a vision to discover new solutions to problems that have prevented children from flourishing

• Program includes research workspace, interview rooms, wellness room,

conference-event rooms, kitchen-nourish cafe, research/art display for 8,821 ASF / 14,303 GSF

• Renovations include site, landscaping, parking access interior finishes,

replacement/upgrade of mechanical, electrical, and technology systems

• $6M Total Project Cost - funds from the CU Foundation committed in 2018 to

help secure a private gift for the Renée Crown Wellness Institute.

• Construction May 2020, Occupancy February 2021

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1135 Broadway Renovation

Renée Crown Wellness Institute

• Design strategies to promote wellness include daylight and views, connection

to nature, nourishment with healthy food, privacy for research and collaboration, welcoming and safe, ergonomics and workplace collaboration, art and culture, exercise and activity

• Renovation includes improvements to address deferred maintenance, code

compliance, and energy efficiency

• Beneficiaries of the project include the campus students, staff, and faculty, the

Boulder Valley and Roaring Fork school districts, and community and regional health partners

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Engineering Center

North Wing and North Tower Renovation

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Engineering Center

North Wing and North Tower Renovation

• Helps to address enrollment demand - up 70% in ten years
• Benefits: 7,438 students / 908 faculty and staff
• Remodels vacated aerospace engineering research labs & offices
• Replaces circa 1963 building systems and addresses approximately $11M of the

deferred maintenance backlog

• Improves 34,808 ASF/ 55,080 GSF
• prime location, academic research facility
• student outdoor study & collaboration space, and
• parking, safety, loading dock, access
• Budget: $32M
• ~15% fundraising
• ~ 85% CEAS reserves (indirect cost recovery)
• Start construction May 2020; Occupancy August 2021

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Engineering Center

North Wing and North Tower Renovation

• Supports research in materials, robotics, avalanche and fluid dynamics, control

and dynamical systems, photonics, biomedical engineering, computer science and technology

• Enhances the student experience and faculty excellence by providing student

study, tutoring, and social spaces with ease of access to support for learning

• Provides new space for the Broadening Opportunity through Leadership and

Diversity (BOLD) Center - empowers and supports women, African American, Native American, Hispanic, low-income, first-generation students. Supports fall 2019 first year students who are 44% women, 28% underrepresented, 18% first generation

• Promotes healthier communities by wholly transforming the existing dark and

enclosed spaces into a vibrant, light-filled, healthy workplace designed to promote wellbeing, innovation and collaboration

• Supports CEAS research mission to generate new knowledge and to accelerate

their research impact

• Supports technological innovation and collaboration

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Engineering Center

North Wing and North Tower Renovation

DRY LAB COMPUTATIONAL LAB DAYLIGHT AND WAYFINDING WET LAB AVALANCHE LAB

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30th and Colorado Avenue

Property Conveyance for City of Boulder Project

Conveyance

• Will provide safe passage for busy, multi-mode intersection providing travel

between east and main campuses

• Conveys 1,399 square feet of campus property
• Construction by the city starts May 2020; full operation November 2021

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