DTN Park District presentation

8/22/2019 DTN Park District presentation

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DTN Management Co.Park District Concept

June 25th, 2013

www.dtnmgt.com1

DTN Management Co.doing what we do bestProperty Management // Development & Construction // Commercial Properties


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Development Team

www.dtnmgt.com2


DTN Principles / OwnersNick Uppal (President) 42 Yrs

Tom Kuschinski (President) 42 yrs

Colin Cronin (Vice President) 12 yrs

Raji Uppal (Vice President) 13 yrs

Engineering, Design, Architects

Bergmann Associates33 yr old national company / 330 employees

Offices in 10 cities across the U.S.

Humphreys & Partners20 yr old international company / 125 employees

Offices in 7 U.S. cities and 3 foreign countries

Community Visioning & CharrettesLSL Planning, Inc

17 yr old company national company

Specializes in urban planning, community visioning,master plans, community input, charrettes, etc.


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DTN Management Co.

Background

Founded over 42 years ago by brothers-in-lawTom Kuschinski and Nick Uppal

DTN owns over 4500 apartment with another 2000 under

management (40% conventional / 60% student)

Over 150 full time staff, and 200-300 part time

Four Business GroupsProperty Management

Development & Construction

Commercial Property Management

Spartan Net (Internet & Video)

www.dtnmgt.com3



4/19

DTN Management Co.

Development & ConstructionRecent / Current DTN Development Projects

Aspen Lakes, Holt

$76 million Mixed-use project

$50 million completed to date

$10.7 million Aspen Ridge phase

Hamptons & Waterbury Place, Okemos

$13.25 million Mixed-use project

The Quarry, Dewitt$24 million project

The Vista at Eastwood, Lansing Township

$16 million Mixed-use project

www.dtnmgt.com4


The Vista at Eastwood, Lansing Township


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DTN Management Co.

CommercialOver 600,000 sqft of commercial, retail, and professionaloffice space under management.

In house sales, support and maintenance staff dedicated tothe commercial properties

Utilizes DTN Construction for commercial build-outs andmajor projects

DTN owned and operated internet and video service provider

Gigabit Ethernet & premium video services

Over 150 fiber miles of Metro Ethernet Fiber around greaterLansing

Have been operating a Gigabit service for nearly a decade

Working with LEAP and Prima Civitas to promote Gigabitservices around Greater Lansing and to attract business andnew tech companies to the region.

www.dtnmgt.com5


Waterbury Office Space, Okemos (DTN)

DTN Management Co. Spartan Net


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Original RFQP - Concept Overview

www.dtnmgt.com6


Includes both Public & Private

parcels for a comprehensive ParkDistrict development.

Conceptual site plan & financial model:

Residential: approx 450 units

Commercial: approx 50,000 ft2

Parking: approx 800 spaces

Skywalk

Farmers / Artists Market


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Original RFQP - Concept Overview

www.dtnmgt.com7



8/19

LSL Planning

Community Planning Specialists

Public Involvement

Urban Design

Transportation

Zoning/Form-Based Codes Select major developer projects

Others as needed (architects, urbandesigners, parking experts)

Michigan

Nationwide

CATA Grand RiverCorridor

Design Lansing &Form-Based Code

Brad Strader, Sherrin Hood, Kathleen Duffy


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Public Involvement + Charrette Experience

Public involvement on over 100 projects

Ann Arbor transportation plan

Birmingham mixed-use districts, Woodward Corridor

East Grand Rapids downtown Grand Rapids Michigan Street Corridor Plan

Midland downtown mixed-use district

Pavilions of Troy redevelopment plan

Farmington Downtown farmers market


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Charrette Process Step 1: Preparation/Analysis

Step 2: Set Goals

Step 3: Developers Pro-Forma

Step 4: Charrette

Public visioning session

Interviews with residents andstakeholders

Concept alternatives

Pin up discussion

Step 5: Refinement and Present

Concept Plan

Potential Goals:

Based on market reality, flexible,adaptable in the future

Catalyst for downtown revitalization Create amenities: recreational, publicgathering, entertainment, shopping

Non-motorized connections/improvepark access

Transition to existing residentialneighborhoods

Improve front door image on Grand

River Ave. Simplify circulation Ample Parking Seek synergies with other

redevelopment efforts, employmentopportunities, University

Urban Grocery Farmers Market Pavilion


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Neighbors to the north

Landscape /Uses/Activity along Diamond

Integration of UsesRetail with Residential above

Roof Gardens andTerraces

Break down massing / scale

Create comfortable spaces to live

Pedestrian Friendly

On-street parking

Green Edges

Along Michigan and Diamond

Public Transit


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FinancialFinancial Partners

Wells Fargo

Arbor Commercial Mortgage

Key Bank

PNC Bank

5th / 3rd Bank

Submitted Letters of Intent for financial servicesin our Park District Proposal

Successful Park District development iscontingent on an economically viabledevelopment agreement, to secure privatefinancing, TIF revenue, other incentives

www.dtnmgt.com15



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Public Financial IncentivesUse and Timing of Incentives

Incentives would be sought for immediate use

Demolition / Site Work / Utilities / Relocatingpublic roads and sidewalks

Remediation of environmental contaminationConstruction and operation of parking structure

Reasons for Requesting IncentivesImprovements benefit both this project and futureprojects around the Park District

Public infrastructure improvements

Preexisting public and private land environmentalcontamination

www.dtnmgt.com16


Westland, MI, Central City Site (LSL Planning)
http://www.lslplanning.com/services/visualization/CentralCity.htmlhttp://www.lslplanning.com/services/visualization/CentralCity.html


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Public Financial IncentivesDuration of Incentives

Contemplating both TIF and other incentivesfrom the State of Michigan

State incentives would be available uponproject completion

TIF revenue would be necessary for as long asit takes to pay back the money to fund theimprovements

The amount of the incentives would beconsistent with the MEDC objectives ofassisting urban infill redevelopment

www.dtnmgt.com17


Lehigh Valley Mall (Bergmann)


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Question 6Proposal Overview, Community Input, New Businesses, Expand Green Space

www.dtnmgt.com18


DTN brings the private & public parcels to thedevelopment table for a comprehensive Park Districtproject

Bergmann & Humphreys are two of the best nationalarchitectural, engineering and design firms

LSL Planning is a leader in urban planning, visioning,and working with communities through charrettes

Ability to finance large projects with national financialpartners in Wells Fargo, Key Bank, and Arbor Financial

DTN has 42 yrs of superior local commercial andresidential operational experience


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East LansingPark District

www.dtnmgt.com19


DTN Park District presentation

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