Request Speaker Information
Speakers and Panels
Building Together Throughout SoCal
From Principles to Practices: The Importance of P3's & What Is Needed For a Successful Partnership
John Williams
President, CIO & COO
Avanath Capital Management
Tod Lipka
CEO
Step Up
Aaron Thomas
Senior Managing Director, Public Private Partnerships
Standard Communities
Kristina Feller
International Development Services Leader
DLR Group
Andrew Fogg
Partner
Cox, Castle & Nicholson
SDSU Mission Valley: University-Anchored P3 Development
From "Just a Stadium" to a Vibrant, Mixed-Use Transit-Oriented Development Including an Innovation District, Residential, Retail, Affordable Housing, Park & Open Space, a Hotel & The New Snapdragon Stadium That Will Transform SDSU & the City of San Diego
Agnes Wong Nickerson
VP, Business & Financial Affairs & CFO
San Diego State University
Scott Moffatt
EVP
Lincoln Property Company
Mark Janda
SVP Development
AvalonBay
Amanda Schultz
EVP
Ferguson Pape Baldwin Architects
Building, Designing & Financing The New Civic Center in Garden Grove, OC
Revitalizing & Transforming The Community Through A Collaborative P3 with Support, Trust & Transparency
Christina Solomon
Director, Development
Edgemoor
Craig Beck
Director
City of Garden Grove
Marc Kersey
SVP
Clark Construction
Brian Berryhill
Partner
Roth Sheppard
Victoria Taylor
President & CEO
PFAL
Building Off A Smashing Success of Vermont Corridor Site 1 & A Successful Partnership Since 2015, Leaders Work To Commence Construction of Vermont Corridor Site 2 by End of 2024
A Los Angeles Project That Pencils: Renovation & Expansion of Existing Office Building to Class A Office Space, Including Two Ground Floor Retail Spaces
John Cooke
Assistant CEO, Asset Management
County of Los Angeles
Andrew Wallace
SVP, Development Management
Trammell Crow Company
Matt Calcavecchia
VP
Public Facilities Group
Michael Volk
Principal, Design Director
Gensler
Elisa Paster
Managing Partner
Rand Paster & Nelson
Why You Won't Want To Miss This CRE Summit:
What You'll Learn From This Commercial Real Estate Conference:
What are the greatest challenges in crafting effective P3's?
How can leaders best understand their partners and key players?
How do leaders ensure all teams are aligned on one shared vision for the project?
What is most important when it comes to building trust with a partner?
What are the benefits of a P3, and what are the limitations?
What are the barriers to entry in the P3 space?
What lessons can be learned in public-private partnerships? What lessons can the government teach businesses, and vice versa?
How You'll Do More Business From Attending This Event: At this event, learn about Public-Private Partnerships, why they exist, why they work, why they matter, and how to best tackle them. Hear success stories from leaders participating in P3 projects, how the public and the private sides support one another, how to ensure success, understand project significance, and how the project will impact the community.
Notable P3 Projects:
Garden Grove Civic Center: Garden Grove approves $152-million civic center revamp /// New Public Safety Facility Breaks Ground
SDSU Mission Valley: SDSU Mission Valley is being designed as a vibrant, medium-density, mixed-use, transit-oriented development that will transform the university and the City of San Diego. SDSU Mission Valley will be a community asset, expanding the university’s educational, research, entrepreneurial, and technology programs and supporting community engagement. SDSU Mission Valley will also include Snapdragon Stadium, an Innovation District, housing, retail, a hotel, and more than 80 acres of community parks and open space, including a 34-acre River Park.
Award-winning River Park supported by donor funding | Story #1 | Story #2
Center for Environmental Justice will be based at SDSU Mission Valley Innovation District
Affordable housing, residential and retail developers selected
Stadium partners with Sycuan Band of the Kumeyaay Nation and Qualcomm Technologies, Inc.
Vermont Corridor Site 1, Complete: (photo #1) (photo #2) (photo #3)
Vermont Corridor Site 2, Commencing Construction Q4 2024: The Project consists of the renovation and expansion of an existing office building comprised of 154,793 gross square feet of existing space renovated to Class A office space, including two ground floor retail spaces of approximately 1,000 square feet each, and an extension of the existing building floorplates to include an additional approximately 88,340 gross square feet of new Class A office space, for a total of approximately 243,133 gross square feet of Class A office space (rendering #1) (rendering #2)
Currently working toward project close for Vermont Corridor Site 2. Site 1 was completed ahead-of-schedule and under budget. The majority of project savings is returned to the public partner. Public Facilities Group utilizes a unique form of P3 that combines 100% tax exempt financing with private sector delivery. The outcome is a reduction in the cost of financing for the public partner, when compared to traditional P3 models, combined with improved project delivery speed, efficiency and risk reduction when compared to traditional alternative delivery approaches.
Project successes from Vermont Corridor Site 1:
The project was completed in October 2021, 4 months ahead of schedule and with $24.75 million in project delivery savings. The County elected to defease bonds with the unused portion of funds, reducing the County’s rent obligation by $980,000 per year, effectively saving the County $32,340,000 in rent payments over the 33-year term of the debt.
Reduced the County’s original project budget by $30 million because the estimated project timeline of a 63-20 Progressive Design-Build was 11 months faster than the County’s original CMAR approach.
During predevelopment, Gensler (Architect) and Trammell Crow Company (Developer) discovered the County’s prescribed square foot per employee number was beyond the current industry standards for office buildings. By re-assigning a market standard square feet per employee, the development team was able to further reduce the project costs by $30 million. Instead of reducing the project budget, the County decided to add two additional floors to the project to increase available administrative space for use by other County departments.
PFG issued 63-20 Tax-Exempt Lease Revenue Bonds that achieved AA rating from S&P and a AA- by Fitch, these are identical to when the County issues their own bonds.
Originally planned for LEED Silver certification; achieved LEED Gold certification
Project was completed ahead of schedule and under budget despite the unusual challenges presented by unprecedented government tariffs and a global pandemic.
Winner of LABC’s 52nd Annual Architectural Awards in the Civic Category (2022)
Who You'll Network With At This Discussion: Owners, developers, investors, architects, construction, designers, brokers, leasing agents, lawyers, financial institutions, cities and government officials.
Why You Should Attend This Session: Bisnow events bring together the biggest power players in the industry to identify opportunities, build your network and expand your business. With the largest audience of commercial real estate professionals in the world, no one knows how to help your business more than us.
For questions, recommendations, comments or press inquiries please email our event producer, Samantha D'Angelo at samantha.dangelo@bisnow.com. To request disability-related accommodations, please contact thea.parkert@bisnow.com no later than seven business days prior to the event.
Venue
Hilton Los Angeles Culver City
6161 West Centinela Ave
Culver City, CA 90230
Ballroom: 3rd floor - Pacifica ballroom / foyer/ patio .
The Hotel offers a special Event Day Valet Parking Rate of $25.00
Agenda
| Time | Activity |
|---|---|
|
3:00 PM
3:50 PM
|
Networking, Coffee & Breakfast
|
|
3:50 PM
4:30 PM
|
Building Together Throughout SoCal
From Principles to Practices: The Importance of P3's & What Is Needed For a Successful Partnership |
|
4:30 PM
5:10 PM
|
Building Off A Smashing Success of Vermont Corridor Site 1 & A Successful Partnership Since 2015, Leaders Work To Commence Construction of Vermont Corridor Site 2 by End of 2024
A Los Angeles Project That Pencils: Renovation & Expansion of Existing Office Building to Class A Office Space, Including Two Ground Floor Retail Spaces |
|
5:10 PM
5:25 PM
|
Networking Break
|
|
5:25 PM
6:05 PM
|
Building, Designing & Financing The New Civic Center in Garden Grove, OC
Revitalizing & Transforming The Community Through A Collaborative P3 with Support, Trust & Transparency |
|
6:05 PM
6:45 PM
|
SDSU Mission Valley: University-Anchored P3 Development
From "Just a Stadium" to a Vibrant, Mixed-Use Transit-Oriented Development Including an Innovation District, Residential, Retail, Affordable Housing, Park & Open Space, a Hotel & The New Snapdragon Stadium That Will Transform SDSU & the City of San Diego |
|
6:45 PM
7:30 PM
|
More Networking!
|
WANT THE ATTENDEE LIST FOR FREE?
Biscred's sales and marketing CRE prospecting tool allows users to identify companies and contacts based on industry, asset class experience, job seniority, location, and more CRE-specific indicators. Schedule a demo with Biscred here and receive the attendee list for free when you mention this promotion.