Learning Outcomes 1. Describe how common costs in a leased building - - PowerPoint PPT Presentation

▶
learning outcomes
SMART_READER_LITE
LIVE PREVIEW

Learning Outcomes 1. Describe how common costs in a leased building - - PowerPoint PPT Presentation

Aug 17, 2023 107 likes •736 views

Learning Outcomes 1. Describe how common costs in a leased building project can be financed . 2. Identify opportunities and challenges of programming and adapting a high-rise building for educational use. 3. Discuss short-term design projects that

slide-1
SLIDE 1
slide-2
SLIDE 2
  • 1. Describe how common costs in a leased building

project can be financed.

  • 2. Identify opportunities and challenges of

programming and adapting a high-rise building for educational use.

  • 3. Discuss short-term design projects that take

advantage of the opportunities and mitigate the challenges of a high-rise building project.

  • 4. Review the outcomes of short-term design projects

in a high-rise building.

Learning Outcomes

slide-3
SLIDE 3

Project Overview Active Learning Activity Vertical Masterplan Project Financial Plan

01 Introductions 02 03 04

Outcomes Q&A

05 06

slide-4
SLIDE 4

Wifi Access

Network: UMCP Password: No Password

slide-5
SLIDE 5

01 INTRODUCTIONS

slide-6
SLIDE 6

PAUL R. LUND Principal Hord Coplan Macht SCOTT WALTERS Principal/Project Manager Hord Coplan Macht GLEN STEINBACH

  • Assoc. Dean, Strategic

Initiatives Johns Hopkins University

INTEGRATED TEAMS

slide-7
SLIDE 7

02 PROJECT OVERVIEW

slide-8
SLIDE 8
slide-9
SLIDE 9

Johns Hopkins University circa 1999

slide-10
SLIDE 10

The Timeline Continues

slide-11
SLIDE 11

Carey School Facilities

slide-12
SLIDE 12

Baltimore Location

1984 1999 2006 2007 Today

?

Leased Facilities ??? JHU Campus

slide-13
SLIDE 13

2007 – Challenging Management Questions

  • New Dean starts. School is

underfunded.

  • Priority: establish new full-

time degree programs

  • Mandate: build a school that

is worthy of the Johns Hopkins name

  • How to compete as a new B-

School in a very crowded market? FACULTY ACADEMICS SUPPORT SERVICES

ENVIRONMENT AND FACILITIES

slide-14
SLIDE 14

2007-2008 – Critical Facilities Decision Point

  • Current lease due to expire 2010.

Extend or terminate?

  • No available capital for new building
  • New multi-tenant building under

construction on the waterfront

  • Space is available affordable
slide-15
SLIDE 15

03 ACTIVE LEARNING ACTIVITY

slide-16
SLIDE 16

CONS ONSIDE DER

What are the biggest opportunities with this project? Vote in poll. http://etc.ch/rkZW

Link to RESULTS Link to START

slide-17
SLIDE 17

What are the biggest OPPORTUNITIES for this project?

Learning environment is in a professional setting Connections to corporations and businesses Ease of access for Students & Faculty Lower first cost buildout Flexibility to expand Availability of transportation networks Local food & housing amenities Convenient venue for business leadership events

slide-18
SLIDE 18

CONS ONSIDE DER

What are the biggest challenges with this project? Vote in poll. http://etc.ch/rkZW

Link to RESULTS Link to START

slide-19
SLIDE 19

What are the biggest CHALLENGES for this project?

Ability to expand (location & timing) Creating a Business School identity in a large office building Separation from main campus and amenities Navigating a high rise of multiple floors Utilizing office use infrastructure for assembly use (HVAC, column bay, etc.) Limited exterior space Providing security for businesses vs. open academic space Short term nature of leases

slide-20
SLIDE 20

STR TRATE TEGIZE

How would you utilize these opportunities and mitigate the challenges? Write down your strategies for overcoming and utilizing these top advantages and disadvantages.

slide-21
SLIDE 21

Share y hare your

  • ur th

thoughts

  • ughts

Share your group’s experience and dialogue with everyone.

slide-22
SLIDE 22

Decision Parameters

Opportunities

  • Building showcases new school
  • Allows room for growth
  • Design suits school needs well
  • Future expansion possible
  • Collaboration opportunities with
  • ther building tenants
  • Access to business students – easy

access to home and work Challenges

  • Locks school into 10-yr lease
  • $5.8 million new debt
  • Unpredictable school future
  • How will school and other tenants

coexist?

  • Four miles away from main campus
  • Uncertain ability to grow within the

building

Lease signed December 2009. School moved in fall of 2010.

slide-23
SLIDE 23

100 International Drive

  • The space included:
  • Street level space for dedicated entrance

(2k sq. ft.)

  • 2nd floor space designed for commercial

use (35k sq. ft.)

  • 12th floor office space (27k sq. ft.)
  • 13th floor office space partial (16k sq. ft.)
  • 10-year leases with competitive tenant

improvement allowances

  • JHU cost to build out:
  • 80k sq. ft. = $5.8 million
slide-24
SLIDE 24

04 VERTICAL MASTERPLAN

slide-25
SLIDE 25

Our Process

slide-26
SLIDE 26

1. How do we make office space function as business school? 2. How do we reimagine an underutilized Library? 3. How can we minimize disruption to learning? 4. How do we utilize the existing amenities? 5. How do we take advantage of the building’s magnificent views?

Visioning – Internal Design Team Questions

slide-27
SLIDE 27
slide-28
SLIDE 28
slide-29
SLIDE 29
  • Celebrate our work & values
  • Showcase learning/collaborative space
  • Allow ideas to be shared and to collide
  • Mix faculty - “one school” approach
  • Connect to Johns Hopkins University

Pics of us working with building?

Visioning – Guiding Principals

slide-30
SLIDE 30
slide-31
SLIDE 31

Programming - Benchmark

slide-32
SLIDE 32 Fall I Monday 8:00 9:00 10:00 11:00 12:00 1:00 2:00 3:00 4:00 5:00 6:00 7:00 8:00 9:00 Room 44 201 30 203 A 30 203 B 60 203 A/B 47 47 47 50 50 50 41 41 41 30 204 A 30 204 B 60 204 A/B 24 24 24 22 22 22 30 30 30 120 203/204 46 206 42 42 42 41 41 41 35 35 35 24 214 20 20 20 22 22 22 23 23 23 48 215 48 48 48 42 42 42 20 20 20 42 216 41 41 41 41 41 41 10 10 10 50 230 37 37 37 36 36 36 24 1361 15 15 15 Fall II Monday 8:00 9:00 10:00 11:00 12:00 1:00 2:00 3:00 4:00 5:00 6:00 7:00 8:00 9:00 Room 44 201 30 203 A 30 203 B 60 203 A/B 46 46 46 50 50 50 34 34 34 30 204 A 13 13 13 8 8 8 30 204 B 17 17 17 23 23 23 21 21 21 60 204 A/B 21 21 21 120 203/204 46 206 37 37 37 42 42 42 36 36 36 24 214 24 24 24 24 24 24 21 21 21 48 215 41 41 41 21 21 21 42 216 41 41 41 41 41 41 15 15 15 50 230 43 43 43 10 10 10 24 1361 11 11 11

Programming - Utilization

slide-33
SLIDE 33

HORD | COPLAN | MACHT JOHNS HOPKINS CAREY BUSINESS SCHOOL PROGRAM 06.14.2016 DEPARTMENT EX. OCCUPANTS PROPOSED OCCUPANTS DELTA

  • EX. ASF PROPOSED ASF

DELTA % STUDENTS CLASSROOM 398 528 130 10,138 13,217 3,078 30% STUDENT COLLABORATION 286 451 165 9,932 14,017 4,086 41% STUDENT ORGANIZATIONS 12 47 35 1,077 1,888 811 75% FACULTY OFFICE OF THE DEAN 16 22 6 2,045 2,265 220 11% FACULTY + RESEARCH 88 174 86 10,502 16,733 6,231 59% STAFF FINANCE + ADMINISTRATION 42 54 12 3,931 5,012 1,081 27% MARKETING, COMMUNICATIONS 13 23 10 1,256 2,046 790 63% CAREY OFFICE OF EDUCATION 6 6

  • 480

585 105 22% STUDENT DEVELOPMENT 32 43 11 3,609 4,910 1,301 36% TEACHING + LEARNING AT CAREY 7 19 12 520 1,320 800 154% ADMISSIONS + ACADEMIC PROGRAMS 31 40 9 2,638 3,610 972 37% DEVELOPMENT + ALUMNI RELATIONS 11 14 3 1,084 1,285 201 19% CONFERENCE 92 124 32 2,837 3,637 800 28% GENERAL USE

  • 2,514

2,514 (0) 0% VACANT / UNASSIGNED 39 4 (35) 2,622 500 (2,122)

  • 81%

Subtotal ASF 55,185 73,539 Grossing Factor (ASF to LSF) 1.65 Existing Leased Area (LSF) 90,950 Total Leasable Area 121,198

Programming

slide-34
SLIDE 34

Alternate Options

slide-35
SLIDE 35
slide-36
SLIDE 36
slide-37
SLIDE 37

Building Section

slide-38
SLIDE 38
slide-39
SLIDE 39

05 PROJECT FINANCIAL PLAN

slide-40
SLIDE 40

Financial Plan 2009 Initial Occupancy

(Millions)

Startup Startup Loan proceeds 5.8 $ Design/Construction 5.2 $ School capital 0.4 $ Moving expense 1.0 $ Philanthropy 0.6 $ Furniture 0.6 $ Total 6.8 $ Total 6.8 $ Ongoing Ongoing Tuition 90% Rent 70% Philanthropy 8% Operating expenses 25% Other 2% Minor renovations 5% Total 100% Total 100%

Sources of Funds Uses of Funds

slide-41
SLIDE 41

Financial Plan 2013 5th,6th,24th Floors + Learning Space & Office Improvements

Startup Startup TI Funds 1.8 $ Design/Construction 3.3 $ School capital 1.9 $ Moving expense

  • $

Philanthropy 0.1 $ Furniture 0.5 $ Total 3.8 $ Total 3.8 $ Ongoing Ongoing Tuition 90% Rent 70% Philanthropy 8% Operating expenses 25% Other 2% Minor renovations 5% Total 100% Total 100%

Sources of Funds Uses of Funds

slide-42
SLIDE 42

06 OUTCOMES

slide-43
SLIDE 43
slide-44
SLIDE 44
slide-45
SLIDE 45

Original Build-out

slide-46
SLIDE 46

Original Build-out

slide-47
SLIDE 47

12th FLOOR – Media Labs

slide-48
SLIDE 48

2nd FLOOR – Learning Commons

slide-49
SLIDE 49

2nd FLOOR – Learning Commons

slide-50
SLIDE 50

24th Floor

24th Floor

slide-51
SLIDE 51
slide-52
SLIDE 52

FLEXIBILITY + ADAPTABILITY THREE CLASSROOMS TWO CLASSROOMS AND RECEPTION

slide-53
SLIDE 53

FLEXIBILITY + ADAPTABILITY LARGE LECTURE BANQUET AND RECEPTION

slide-54
SLIDE 54
slide-55
SLIDE 55
slide-56
SLIDE 56
slide-57
SLIDE 57
slide-58
SLIDE 58
slide-59
SLIDE 59
slide-60
SLIDE 60

Learning Outcomes

  • 1. Describe how common costs in a leased building

project can be financed.

  • 2. Identify opportunities and challenges of

programming and adapting a high-rise building for educational use.

  • 3. Discuss short-term design projects that take

advantage of the opportunities and mitigate the challenges of a high-rise building project.

  • 4. Review the outcomes of short-term design projects

in a high-rise building.

slide-61
SLIDE 61

THANK YOU

slide-62
SLIDE 62

PAUL R. LUND Principal Hord Coplan Macht pl plund@ und@hc hcm2.co com SCOTT WALTERS Principal/Project Manager Hord Coplan Macht swalters@hcm hcm2.com com GLEN STEINBACH

  • Assoc. Dean, Strategic

Initiatives Johns Hopkins University gstei einba nbach@ h@jhu hu.ed edu

INTEGRATED TEAMS