Vision Our primary vision is to not only provide Kearny with outlets - - PowerPoint PPT Presentation

Vision

• Our primary vision is to not only provide Kearny with outlets

that are desired in the town, such as a fitness center and restaurant but also provide services to the employees of the surrounding business centers that will reasonably be required. We will strive to create an unrivaled innovative business and technology center for the gold coast, attracting new talent in various industries while maintaining sustainability and environmental responsibility as a priority. This includes a two- story, state-of-the-art technology center, daycare facility, and repurposing station. To begin, we will start with an overview of

• ur vision for Building 82, and how its construction will further

advance and expand the current Kearny Point to levels beyond conceivable.

Legal, Zoning, and Feasibility Review

• Evaluated the geographical area and will address the following:
• We understand that flooding occurs on various sections of the site

therefore, both proposed buildings will be raised 16 feet to avoid flooding and mitigate any potential damages.

• Our plans also are in unison with the current zoning permitting

commercial use.

• Our plans were thoroughly reviewed for feasibility including but, not

limited to, permitting sufficient ingress and egress to the buildings, parking efficiency, reusable sources, energy conservation, and profitability per square foot of Gross Leasable Area.

Building 82 Technology Center

1st

st Floor

• or: Office Spaces with Lobby and Café / Reuse Station

2nd

nd Floor

• or: Daycare / Youth Learning Center

3rd

rd Floor

• or: Fitness Center / Yoga Room / Meditation

4th

th Floor

• or: Research Lab / Green Research

5th

th Floor

• or: Shared Workspace / “WeWork” - LBE

6th

th Floor

• or: Individual Office Spaces – Larger Companies

7th

th and

d 8th

th Floor

• ors: Technology Center / Data Center / Server Room / Innovation Center

9th h Floor

• or: Event Hall

10 10th

th Floor

• or and

d Roof:

• of: Garden and Water Collection Center

1st, 2nd, and 3rd Floors

• 1st Floor: Lobby, Café, Repurposing Center
• Eco Friendly Alternative to Trash Chutes
• 2nd Floor: Daycare / Youth Learning Center
• Separated based off of age
• Creation of demand
• 3rd Floor: Fitness Center
• Separate tenants / sections
• Significance of Market Potential Index and

Spending Potential Index:

• Child Care has an SPI of 113
• Exercising at home has an MPI of 93 while

exercising at a club has an MPI of 108

Data provided by Esri

4th Floor: Research Lab / Green Research

• Emphasis on renewable energy, pollution reduction, ocean cleanup,

etc.

• Primary emphasis on business processes; staying green and under

budget

• Demand Justification:
• Being interested in how to help the environment has an MPI of

127

• Paying more for an environmentally friendly product has an

MPI of 109

5th Floor WeWork 6th Floor Executive Offices

• Demand for low barrier vs more established
• Different offices for different types of tenants

7th and 8th Floor Technology Center

• Wifi infrastructure
• Data storage, cloud storage
• Smart building infrastructure
• Decreased energy costs, scheduled operations
• Technology labs, encouraging collaboration
• Significance of Market Potential Index and Spending Potential Index:
• Purchasing a computer / hardware for home use has an SPI of 106
• Purchasing computer software has an SPI of 112

9th Floor

• Further support businesses
• One large event hall: Parties, award banquets, product

launches

• Four conference rooms: 2 medium and 2 larger
• Two class-setting training rooms
• Seminars, employee training, continuing education
• One common area / lounge
• Seating, refreshments, sinks

10th Floor and Rooftop

• Implementation of hydroponic farming
• Lucrative business and will be leased out
• Growing plants, no need for soil. Nutrients are provided to the

plants from a water solvent.

• Implementation of rain collection system to support the

hydroponic farming and the water needs of the building

Conclusion

Waterfront Proposal

Extended Stay Hotel

• Extended stay hotel will help support the needs of the

businesses around it

• Visitors + Corporate clients
• One of the primary demand drivers for extended stay

hotels is corporate businesses.

• Consist of studios, 1 bedroom units, and 2 bedroom

units

Rooftop Restaurant, Bar, and Lounge

• Networking for surrounding businesses plus serving the

desires of the hotel guests

• Demand Justification:
• Retail gap of over $40 million for Food Services, Drinking

Places, and Restaurants

• Positive leakage factor for all of the above
• Went to a fine dining restaurant has an MPI of 112
• Had some sort of food at a restaurant / steakhouse in the last 6

months has an MPI of 177

Retail Building

Retail Building Venues

• Wegmans or related: continuing overall theme of eco-
• friendliness. Provides grocery shopping in close proximity

to place of employment.

• Used organic food in the last 6 months has an MPI of 142
• Used fresh fruit / vegetables in the last 6 months has an MPI of

102

• Specialty Food Stores and Specialty Food Services has a retail gap
• f over $2.5 million

Retail Building Venues Cont.

• Barnes and Noble: quiet, secluded place to relax or work

while also providing resources for businesses in complex.

• Coffee shop, such as Starbucks, will be housed inside
• Retail gap of over $2 million in Kearny
• There are 0 bookstores in Kearny, leakage factor is 100.
• Staples or related: will provide the resources and services

that are needed.

• Convenience and accessibility

Retail Building Venues Cont.

• Apple Store: Serving the technical and sales

support needs for the surrounding businesses

• Demand Justification:
• Has an iPhone – MPI of 106
• Household owns a computer – MPI of 100
• Household owns an Apple computer – MPI of 126
• Upscale Restaurant
• Provides options / variety for consumers
• Previous demand justification for rooftop restaurant

applies.

Green Area

• Wind Turbine Farm: Cost-effective, eco-friendly, and do

not give off radiation. Generally, 10 feet in diameter or 78 square feet of a window turbine farm generates 60 Watts of usable energy.

• Historical / Memorial Parks
• Bike Rental Station
• Open-Concept, Preserved Green Space

Conclusion

Conclusion

• Already a remarkable and admirable redevelopment project,
• ur proposal provides the support and resources to make the

undertaking feasible.

• Provides endless marketing tools to potential tenants
• Adds self-sustainability and eco-friendly options to the

complex

• Ensures that Kearny Point will achieve its maximum potential