W T h e W e d n e s d a y G r o u p D E V E L O P M E N T C O M P A N Y I n v e s t o r P r e s e n t a t i o n C o d e N a m e : T h e N o l i t a B u i l d i n g 1
Contents Introduction The Problem The Solution The Opportunity Proposed Renderings Floor Plans Financial Snapshots Behind the Group Contact 2 2
The Wednesday Group Development Company The following is a proposal to create a new, mixed use multi- family development based on the classic Italianate style at the corners of E. New York and Hudson St., Indianapolis, IN. 3 3
Real Estate Development is an optimization problem: how to build the most cost effective structure while charging the highest amount in rent. Developers today solve this equation by finding and adding: + Cost effective materials, such as cement board paneling + Modern amenities to attract Millennials = Higher net operating income While materials such as cement board help reduce costs, and modern amenities attribute to the ability to charge higher rents, modern architecture has lost sight on Tie design and is out of touch with what today’s renters actually seek. The “Millennials” PROBLEM in today’s renting environment tend to seek a deeper connection to everything in their lives—from their possessions, to their jobs, to their places of residence. These young professionals often find the “cookie cutter” developments to be uninspiring, sterile, and unoriginal. With all that we have gained in modern builds and amenities, we have equally sacrificed in design. The lack of visible conceptual originality is where The Wednesday Group comes in. We recognize that the current approach to development is both profitable and practical; however, we at The Wednesday Group want to add an element of uniqueness that inspires residents and makes them feel at home. Today’s developments are missing something that The Wednesday Group will bring to the table. 4
The Wednesday Group addresses the optimization problem in modern developments in a unique, affordable, and creative way; by looking to the past for inspiration. This is how: it is now possible to utilize architectural blueprints for buildings designed in the late 1800’s-early 1900’s, as these are now public domain. Anyone can use these designs, free of charge. At the Wednesday Group, this means modern buildings can be built with beautiful historic facades—all at a fraction of cost. Tie SOLUTION By employing these existing blueprints, we save countless hours that would have been spent in designing, planning, and seeking approvals within the city. Consequently, we significantly reduce architectural costs. The historic facade acts to enhance the cultural fabric and aesthetic beauty of Indianapolis, while delivering a higher perception of value to the renter. The modern luxuries today’s renter has come to expect will be found in the interior of our buildings. Amenities such as a rooftop deck, gym, and recreation area will not go unnoticed. Developing the future, while remembering the past. 5
This project is a replicant development of the Italianate apartment buildings that you will find in old neighborhoods of most major cities. This style of building pays homage to designs of the late 1800’s and early 1900’s; as such, there will be a historic facade on the exterior of the building coupled with modern, updated interiors. Here we are able to recover the beauty of the past in a modern and exciting way. Tie The building is poised to be centrally located in downtown Indianapolis, adjacent to OPPORTUNITY the Massachusetts Avenue corridor. Our development would not only complement existing entertainment in the area but also attract new, in-demand restaurants, shops, bars, and other bespoke businesses. This development proposal in its entirety is for sale at a price of $100,000, which includes all intellectual property including the concept and designs. In addition, the purchase price also includes The Wednesday Group’s guidance and advisory to help facilitate concept to construction. Be part of a development that is poised to impact both the cultural fabric of the city as well as drive economic growth. 6
GROUP Level 12 132' - 0" Consultant Address Address Phone Level 11 Fax 120' - 0" e - mail Consultant Address Address Phone Fax e - mail Level 10 108' - 0" Consultant Address Address Phone Fax e - mail Level 9 Consultant 96' - 0" Address Address Phone Fax e - mail Consultant Address Level 8 Address 84' - 0" Phone Fax e - mail Level 7 72' - 0" External View Level 6 60' - 0" Level 5 48' - 0" No. Description 7 ISSUED FOR DESIGN DEVELOPMENT 80% 8 ISSUED FOR REVIEW Level 4 36' - 0" Level 3 Highlights of the building include 24' - 0" 6 stories above ground and a cellar. Ground Floor is commercial with 5 residential floors above. 219 E. NEW YORK STREET, INDIANAPOLIS, IN E. NEW YORK STREET ELEVATION FRONT ELEVATION 1 1/8" = 1'-0" Project number Date Drawn by Checked by A-301 7 7 Scale
GROUP Consultant Address Address Phone Fax e-mail Consultant Address Address Phone Fax e-mail Consultant Address Address Phone Fax e-mail Level 8 84' - 0" Consultant Address Address Phone Fax e-mail Hudson Street Level 7 Consultant 72' - 0" Address Address Phone Fax e-mail Elevation Level 6 60' - 0" Level 5 48' - 0" Level 4 36' - 0" No. Description 8 ISSUED FOR REVIEW Level 3 24' - 0" The building includes 2 separate commercial spaces and a private entrance/lobby for the residents. SIDE ELEVATION 1 1/8" = 1'-0" The entrance to the residential is 219 E. NEW YORK STREET, INDIANAPOLIS, IN located on Hudson Street. HUDSON STREET ELEVATION Project number Date Drawn by Checked by A-302 Scale 8 8
THE WEDNESDAY GROUP Consultant Address Address Phone Fax e-mail Consultant Address Address Phone Fax e-mail Consultant Address Address Phone Fax e-mail RETAIL 1 Consultant 3264 SF Address Address Phone Fax e-mail Consultant Address Address Phone Fax e-mail Ground Floor Retail UP ELEVATOR MACHINE ROOM 98 SF LOBBY 740 SF No. Description Date The first floor will consist of two retail spaces, one with frontage to New York Street and one with frontage to Hudson street. It is possible to combine both retail RETAIL 2 2952 SF spaces into one large retail space if needed. Private residential lobby includes stairwell and elevator access. 219 E. NEW YORK STREET, INDIANAPOLIS, IN 1ST LEVEL AREA PLAN Project number 1901 Date 02/04/2019 Author Drawn by Checker 6/16/2019 5:28:03 PM Checked by A-305 1ST LEVEL 9 1 1/8" = 1'-0" 1/8" = 1'-0" Scale
Ground Floor Lobby A view inside the Lobby. 10
THE WEDNESDAY GROUP Consultant Address Address Phone Fax e-mail Consultant Address Address Phone Fax e-mail APT. 202 APT. 203 836 SF 836 SF Consultant Address Address Phone Fax e-mail Consultant Address Address APT. 201 APT. 204 Phone Fax 426 SF 615 SF e-mail Consultant Address Address Phone Fax e-mail 2nd - 6th Floor Elevation DN HALLWAY 200 602 SF APT. 210 APT. 205 426 SF 532 SF No. Description Date APT. 209 APT. 206 618 SF 619 SF All five residential floors will have the same layout. Each floor contains four 2-Bedroom units, five 1-Bedroom Units, and one studio for a total of 10 rooms per floor. The long wall opposite the stairwell and elevator will house special APT. 208 APT. 207 775 SF 776 SF works of art, creating an art gallery, 219 E. NEW YORK STREET, unique to each floor. INDIANAPOLIS, IN 2ND LEVEL AREA PLAN 1901 Project number 02/04/2019 Date Author Drawn by Checker 6/16/2019 5:28:04 PM Checked by A-306 11 11 2ND LEVEL 1 1/8" = 1'-0" 1/8" = 1'-0" Scale
2 Bedroom Apartment A view inside the two bedroom apartment. 12 12
MECH. RM. 14 Basement Cellar 760 SF U P LOUNGE/ GAME GYM ROOM 13 5 986 SF 1136 SF BIKE STORAGE 12 Basement includes a lounge 271 SF room equipped with desk space, a Large TV, and space for bike storage. Additionally, a small gym, which includes treadmills and bikes, are available to residents at no extra charge. Note that this basement does not extend the entire length of the building and only covers No. Description Date Client Name: 4/19/2019 4:42:33 PM CELLAR FLOOR PLAN THE WEDNESDAY GROUP the area beginning from the stairwell extend- 4 ISSUED FOR REVIEW 01/26/2019 7 ISSUED FOR DESIGN 03/14/2019 ing to the rear of the building. Project number 1901 DEVELOPMENT 80% A-101 Project Name: Date 02/04/2019 8 ISSUED FOR REVIEW 03/22/2019 13 13 Drawn by M.R. 9 ISSUED FOR REVIEW 03/28/2019 219 E. NEW YORK STREET, INDIANAPOLIS, IN Checked by - Scale 1/8" = 1'-0"
residents to enjoy. with a large wooden deck for The building’s Rooftop is equipped Rooftop 130' - 9 3/8" D N 4 9 3 ' 5 - ROOF DECK ' 1 - 1 8 1 1 10 1 / 4 / 1 " 6 " 2442 SF 2 1 ' - 3 1 / 1 6 " 73' - 9 1/32" Client Name: No. Description Date 4/19/2019 4:42:34 PM ROOF PLAN THE WEDNESDAY GROUP 1 ISSUED FOR SCHEMATIC 01/13/2019 DESIGN Project number 1901 3 SCHEMATIC DESIGN 01/23/2019 A-104 Project Name: Date REVISION 2 02/04/2019 9 ISSUED FOR REVIEW 03/28/2019 Drawn by MR 219 E. NEW YORK STREET, INDIANAPOLIS, IN Checked by - Scale 1/8" = 1'-0" 14
Rooftop The view of the rooftop looking north. 15
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