SURPLUS PROPERTY DESIGNATION REQUEST P RE SE NTED BY: Carolyn - PowerPoint PPT Presentation

Nov 13, 2022 •442 likes •559 views

SURPLUS PROPERTY DESIGNATION REQUEST P RE SE NTED BY: Carolyn Shellman Chief Legal & Administrative Officer (CLAO) September 24, 2018 Approv al Requ est ed AGENDA CONTEXT DOWNTOWN CAMPUS NORTHSIDE CUSTOMER SERVICE CENTER

SURPLUS PROPERTY DESIGNATION REQUEST P RE SE NTED BY: Carolyn Shellman Chief Legal & Administrative Officer (CLAO) September 24, 2018 Approv al Requ est ed
AGENDA • CONTEXT • DOWNTOWN CAMPUS • NORTHSIDE CUSTOMER SERVICE CENTER • REQUEST FOR APPROVAL • NEXT STEPS 2
SURPLUS REAL PROPERTY CONTEXT • McCullough site ready for occupancy in 2020 • Multiple facilities will be consolidated • Market these complex transactions beginning in 2018 3
SURPLUS REAL PROPERTY DOWNTOWN CAMPUS Main Office Navarro VAB Lot 2 Main Office, Navarro, Villita Asssemby Bldg. (VAB) and Parking 4
SURPLUS REAL PROPERTY NORTHSIDE CUSTOMER SERVICE CENTER Northside CSC on San Pedro Avenue 5
SURPLUS REAL PROPERTY REQUEST FOR APPROVAL Designate the Downtown Campus and Northside Customer Service Center as surplus properties • After 2020, properties no longer needed to support operations and service delivery • Designation enables readiness for sale with the desired result of minimizing maintenance costs after the 2020 transition 6
SURPLUS REAL PROPERTY NEXT STEPS • Engage a broker to obtain the best return for CPS Energy • With broker, market availability of properties • Provide regular progress reports to the Board • Bring qualified sales offers to the Board for review and approval 7
Thank You
Appendix
SUPPLEMENTAL INFORMATION Downtown Campus Details • Main Office Bldg: 11 floors, 218,664 sq. ft. of office space, located on the San Antonio River. Built in 1928 and purchased in 1954 with major modifications in 1985. • Tower Life Garage: adjoins the Main Office, 133 parking spaces, built in 1956. The garage is half- owned by CPS Energy and the Tower Life Building owners. • Navarro Garage: built for the 1968 Hemisfair events, 592 parking spaces. In 1986, built 100,328 sq. ft. of office space above the garage. • Parking Lot 2: lot adjacent to the Mexican Consulate, 1.02 acres and contains 113 parking spaces. • Villita Assembly Building: built in 1959, 29,000 sq. ft. of meeting space, event venue for non-profit organizations and other groups. Northside Customer Service Details: • Current call center site where sales & service calls are received and processed • Site of one customer walk-in center • Call center & walk-in center will be relocated to McCullough Headquarters site, along with account teams and support personnel.

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