PORT COVINGTON UPDATE
PORT COVINGTON MILESTONES2013–2015
2016
LAND ASSEMBLAGE OF THEMAJORITY OF THE SITE
MARCH: MARYLAND TRANSPORTATION AUTHORITY COMMITMENT OF $33 MILLIONFOR HIGHWAY IMPROVEMENTS
MAY: TIF APPLICATION SUBMITTED
JUNE: MASTER PLAN APPROVED
JULY: 56 ACRES SOLD TO UNDER ARMOUR FOR THEIR PROPOSED GLOBAL HEADQUARTERS
SEPTEMBER: $660 MILLION TIF APPROVED
DECEMBER: FINAL ZONING APPROVED
20172018
Q3: EQUITY CLOSING
Q3: INITIAL TIF ISSUANCE FORINFRASTRUCTURE START
VERTICAL CONSTRUCTION START
Q1 2020–Q1 2024: CHAPTER ONEINITIAL DELIVERIES
CHAPTER ONE STABILIZATION
20192020–2024
2021–2026
– J U N E 2 0 1 6 –MASTER PLAN APPROVAL FOR 18,000,000 SQUARE FEET
Under Armour HQ 3,900,000 square feet and mixed-use 14,000,000+ square feet
– S E P T E M B E R 2 0 16 –$660 MILLION TIF APPROVED FOR PUBLIC INFRASTRUCTURE
$535 Million on-site budget for infrastructure and waterfront improvements
– D E C E M B E R 2 0 16 –MATTER-OF-RIGHT ZONING
Approved allowing for unlimited height/density and robust list of allowable uses
– S E P T E M B E R 2 0 17 –JOINT VENTURE PARTNERSHIP WITH GOLDMAN SACHS
Equity of $233 million towards infrastructure and Phase 1 development
CHAPTER 1B:INFRASTRUCTURE
PORT COVINGTON TODAY
CHAPTER 1B - OVERLAYCHAPTER 1B - OVERLAY
ATLAS STREET - PLAN
v
CROMWELL STREET – FLUSH - PLAN
CHAPTER 1B SCOPES & TRADESEARTHWORK & GRADING
Mass grading
Sediment and erosion control
DRY UTILITIES
Main electrical ductbanks
Streetlight ducts
Site concrete
Concrete/stone pavers
Site electrical
Traffic signals
Surveying
Asphalt paving
WET UTILITES
Storm
Sanitary
Water
TRADESPEOPLE
Operating Engineers
Dump Truck Drivers
Laborers
Carpenters
Plumbers
Electricians
Riggers/Crane Operators
CHAPTER 1B:VERTICAL PROJECTS
CHAPTER 1P L A N N E D D E V E L O P M E N T
O F F I C ER E T A I LR E S I D E N T I A LH O T E LT O T A L D E V E L O P M E N TL A N D A R E A
1 , 5 0 0 , 0 0 0 S F2 7 5 , 0 0 0 S F
1 , 1 8 5 , 0 0 0 S F1 2 5 , 0 0 0 S F
3 , 0 8 5 , 0 0 0 S F4 5 A C R E S
P R O P E R T I E S & U S E S
S A G A M O R E S P I R I T D I S T I L L E R YE7: Rye Street Market, curated retail services, 3 loft-style creative office buildings and a 7-story office building
E6: 2 multi-family residential building with restaurant,retail and hospitality services
E5A, 5B, 8, 9, 1P: Lead tenant-driven office buildings and large parking garage
E14 & 15: Waterfront residential buildings
E10, 10A & 10B: Waterfront office or residential buildings
E16 & 17: Waterfront retail buildings
E1: High-rise residential
E3: High-rise grocery, cinema and hotel Waterfront park,trails, pier and marina
E7 - RYE STREET MARKET & OFFICE CONCEPT
RFQ for general contractor will be issued in the near futureStick-built construction over podium
E6 RESIDENTIAL:2 BUILDING CONCEPT
E1 PRECAST GARAGE & MIXED USE CONCEPT
SUPPLIER DIVERSITY GOALS
COMMUNITY BENEFITS AGREEMENTExecuted on September 8, 2016
SUPPLIER DIVERSITY KEY ASPECTS
• MWBD Responsibilities
• Developer Responsibilities
• Implementation of MBE/WBE Goals
• Loan Fund
• Business Expansion & Empowerment Programs
• Technical Assistance
• Discounted Leasing
• Equity Participation
• Real Estate Minority Development
CBA GOALS
• Utilize 27% MBE for TIF Infrastructure
• Utilize 10% WBE for TIF Infrastructure
PROJECT DIVERSITY PARTNERSPORT COVINGTON DIVERSITY ADVISORY GROUP
• Maryland Washington Minority CompaniesAssociation
• Capital Management Minority SupplierDevelopment Council
• Minority Contractors Association
• Baltimore City Chamber of Commerce
• Baltimore City Black Chamber of Commerce
• Maryland Hispanic Chamber of Commerce
• Center for Urban Families
• Mayor’s Office of Small, Minority and WomenBusiness Development
• Mayor’s Office of Strategic Alliances,Southwest Gateway
• Mayor’s Office of EmploymentDevelopment
• Mayor’s Office of Strategic Alliances
and many more…
BALTIMORE CITY MBE/WBE CERTIFICATION
• The minority or woman must own at least 51% of the business
• Have operational and managerial control
• Have been in operation for at least twelve (12) months as a minorityor woman-owned business prior to applying for certification
• Have an operating office in the Baltimore City Market Area
• Baltimore City
• Baltimore County
• Anne Arundel County
• Carroll County
• Harford County
• Howard County
• Queen Anne County
Apply through the Minority and Women’s Business Opportunity Office (MWBOO)
BALTIMORE CITY MBE/WBE CERTIFICATION
1. Affidavit
• Must be competed, signed and notarized
2. Documents appropriate for your business structure
• Corporation, Partnership, Limited LiabilityCorporation, Sole Proprietorship, etc.
3. List of services to be certified for
• Must be services that are performed by employeesof your business
WHAT IS NEEDED TO APPLY?
BALTIMORE CITY MBE/WBE CERTIFICATION
1. Please allow 30 days for processing of your application
2. Certifications are valid for two years
3. A company can be certified as MBE, WBE, or both (M/WBE)
4. The participation of a M/WBE is limited to either the MBE or WBEgoal on a single contract
5. When being used to achieve M/WBE goals, you must be certified toprovide the services being performed on the contract
Key Points
CONTRACTING WITH THE GCCHAPTER 1B: INFRASTRUCTURE
C h a p t e r 1 B -I n f r a s t r u c t u r e
WT Project Organization Chart
• Prequalification - Required
• Memorandum of Understanding (MOU)
• Workforce – Local Hiring – MOED partner
• Manpower Schedules “C” and “D”
• Minimum Wage - $17.48/$5.93
• Diversity Inclusion – MBE 27% & WBE 10%
• Compliance Reporting
Project inquiries should be
directed to:
(Confirmation response
within 24 hours)
Port Covington Chapter 1B:Infrastructure Project Specifics
Port Covington Chapter 1B Infrastructure
Sample Breakdown of Contracts
$XXXMillion
Main Funding source
Building #1
Building #2
Sitework$XX
million
Building #3
Building #4
ConstructionManagerContract
Hardscape/Roadways
$ X Million
Earthwork$ X million
Demolition $ X million
Landscaping$ X Million
Wet Utilities$ X million
Dry Utilities$ X million
1st Level
Prime Subcontractor
2nd Level
Site Railings
$XXX,000
Plantings / Trees $ X Million
Racks/ Benches /Trash Cans$ XXX,000
Bio Retention Material $ X.X
million
2nd Tier Subcontractor
s
3rd Level?
? ? ?
? ? ? ?
?
? ?
?
?
WT PROCUREMENT &SUBCONTRACTING
• Prequalification – Required for all labor contracts
• Project Team formulates the Bidder’s List from qualifying vendors
• Invitations to Bid with complete bid package will be issued to qualifying vendors
• Upon receipt of bid offers, an Internal Bid Review/Analysis will be completed
• Final results presented to Port Covington for approval and award
WT’s Process of Procurement
C h a p t e r 1 B -I n f r a s t r u c t u r e
Is a comprehensive review of:
• Appropriate Business Licensing
• Diversity Certifications
(City of Baltimore - required)
• Proof of stable managerial staff
• Financial strength
• Bonding capability
• Current workload & capacity
• Safety record – EMR less than 1.00/WC Claims
• Past Performance regarding scope to be bid
• Project References 2-3
• Availability and experience of personnel
• Ability to ensure installation
requirements & quality standard
C h a p t e r 1 B -I n f r a s t r u c t u r e
WT’s Prequalification
QUESTIONS
• For Baltimore City M/WBE Certification: Minority and Women’s BusinessOpportunity Office (MWBOO)
100 N. Holliday Street | Room 101, City Hall
(410) 396-4355 OR (410) 396-1457
MBE/WBE Applications: http://cityservices.baltimorecity.gov/mwboo/
• For Mentor-Protege Program inquiries contact the Mayor's Office of Small, Minority and Women Business at +1-410-396-3818
• For new project information, register through the Contractor Portal on pc.city
• Project inquiries should be directed to: [email protected]
WHO TO CONTACT
THANK YOU
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