Learning Outcomes 1. Describe how common costs in a leased building - PowerPoint PPT Presentation

Learning Outcomes 1. Describe how common costs in a leased building project can be financed . 2. Identify opportunities and challenges of programming and adapting a high-rise building for educational use. 3. Discuss short-term design projects that take advantage of the opportunities and mitigate the challenges of a high-rise building project. 4. Review the outcomes of short-term design projects in a high-rise building.

01 Introductions Project Overview 02 Active Learning Activity 03 Vertical Masterplan Project 04 Financial Plan 05 Outcomes 06 Q&A

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01 INTRODUCTIONS

INTEGRATED TEAMS PAUL R. LUND SCOTT WALTERS GLEN STEINBACH Principal/Project Manager Principal Assoc. Dean, Strategic Hord Coplan Macht Hord Coplan Macht Initiatives Johns Hopkins University

02 PROJECT OVERVIEW

Johns Hopkins University circa 1999

The Timeline Continues

Carey School Facilities

Baltimore Location ? JHU Campus Leased Facilities ??? 1984 1999 2006 2007 Today

2007 – Challenging Management Questions • New Dean starts. School is FACULTY ACADEMICS underfunded. • Priority: establish new full- time degree programs • Mandate: build a school that ENVIRONMENT is worthy of the Johns SUPPORT Hopkins name AND FACILITIES SERVICES • How to compete as a new B- School in a very crowded market?

2007-2008 – Critical Facilities Decision Point • Current lease due to expire 2010. Extend or terminate? • No available capital for new building • New multi-tenant building under construction on the waterfront • Space is available affordable

03 ACTIVE LEARNING ACTIVITY

CONS ONSIDE DER What are the biggest opportunities with this project? Vote in poll. http://etc.ch/rkZW Link to Link to START RESULTS

What are the biggest OPPORTUNITIES for this project? Learning environment is in a professional setting Connections to corporations and businesses Ease of access for Students & Faculty Lower first cost buildout Flexibility to expand Availability of transportation networks Local food & housing amenities Convenient venue for business leadership events

CONS ONSIDE DER What are the biggest challenges with this project? Vote in poll. http://etc.ch/rkZW Link to Link to START RESULTS

What are the biggest CHALLENGES for this project? Ability to expand (location & timing) Creating a Business School identity in a large office building Separation from main campus and amenities Navigating a high rise of multiple floors Utilizing office use infrastructure for assembly use (HVAC, column bay, etc.) Limited exterior space Providing security for businesses vs. open academic space Short term nature of leases

STR TRATE TEGIZE How would you utilize these opportunities and mitigate the challenges? Write down your strategies for overcoming and utilizing these top advantages and disadvantages.

Share y hare your our th thoughts oughts Share your group’s experience and dialogue with everyone.

Decision Parameters Opportunities Challenges • Building showcases new school • Locks school into 10-yr lease • Allows room for growth • $5.8 million new debt • Design suits school needs well • Unpredictable school future • Future expansion possible • How will school and other tenants coexist? • Collaboration opportunities with • Four miles away from main campus other building tenants • Access to business students – easy • Uncertain ability to grow within the access to home and work building Lease signed December 2009. School moved in fall of 2010.

100 International Drive • The space included: • Street level space for dedicated entrance (2k sq. ft.) • 2 nd floor space designed for commercial use (35k sq. ft.) • 12 th floor office space (27k sq. ft.) • 13 th floor office space partial (16k sq. ft.) • 10-year leases with competitive tenant improvement allowances • JHU cost to build out: • 80k sq. ft. = $5.8 million

04 VERTICAL MASTERPLAN

Our Process

Visioning – Internal Design Team Questions 1. How do we make office space function as business school? 2. How do we reimagine an underutilized Library? 3. How can we minimize disruption to learning? 4. How do we utilize the existing amenities ? 5. How do we take advantage of the building’s magnificent views ?

Pics of us working with building? Visioning – Guiding Principals • Celebrate our work & values • Showcase learning/collaborative space • Allow ideas to be shared and to collide • Mix faculty - “one school” approach • Connect to Johns Hopkins University

Programming - Benchmark

Programming - Utilization Fall I Monday 8:00 9:00 10:00 11:00 12:00 1:00 2:00 3:00 4:00 5:00 6:00 7:00 8:00 9:00 Room 44 201 30 203 A 30 203 B 60 203 A/B 47 47 47 50 50 50 41 41 41 30 204 A 30 204 B 60 204 A/B 24 24 24 22 22 22 30 30 30 120 203/204 46 206 42 42 42 41 41 41 35 35 35 24 214 20 20 20 22 22 22 23 23 23 48 215 48 48 48 42 42 42 20 20 20 42 216 41 41 41 41 41 41 10 10 10 50 230 37 37 37 36 36 36 24 1361 15 15 15 Fall II Monday 8:00 9:00 10:00 11:00 12:00 1:00 2:00 3:00 4:00 5:00 6:00 7:00 8:00 9:00 Room 44 201 30 203 A 30 203 B 60 203 A/B 46 46 46 50 50 50 34 34 34 30 204 A 13 13 13 8 8 8 30 204 B 17 17 17 23 23 23 21 21 21 60 204 A/B 21 21 21 120 203/204 46 206 37 37 37 42 42 42 36 36 36 24 214 24 24 24 24 24 24 21 21 21 48 215 41 41 41 21 21 21 42 216 41 41 41 41 41 41 15 15 15 50 230 43 43 43 10 10 10 24 1361 11 11 11

Programming HORD | COPLAN | MACHT JOHNS HOPKINS CAREY BUSINESS SCHOOL PROGRAM 06.14.2016 EX. PROPOSED DEPARTMENT DELTA EX. ASF PROPOSED ASF DELTA % OCCUPANTS OCCUPANTS STUDENTS CLASSROOM 398 528 130 10,138 13,217 3,078 30% STUDENT COLLABORATION 286 451 165 9,932 14,017 4,086 41% STUDENT ORGANIZATIONS 12 47 35 1,077 1,888 811 75% FACULTY OFFICE OF THE DEAN 16 22 6 2,045 2,265 220 11% FACULTY + RESEARCH 88 174 86 10,502 16,733 6,231 59% STAFF FINANCE + ADMINISTRATION 42 54 12 3,931 5,012 1,081 27% MARKETING, COMMUNICATIONS 13 23 10 1,256 2,046 790 63% CAREY OFFICE OF EDUCATION 6 6 - 480 585 105 22% STUDENT DEVELOPMENT 32 43 11 3,609 4,910 1,301 36% TEACHING + LEARNING AT CAREY 7 19 12 520 1,320 800 154% ADMISSIONS + ACADEMIC PROGRAMS 31 40 9 2,638 3,610 972 37% DEVELOPMENT + ALUMNI RELATIONS 11 14 3 1,084 1,285 201 19% CONFERENCE 92 124 32 2,837 3,637 800 28% GENERAL USE 0 0 - 2,514 2,514 (0) 0% VACANT / UNASSIGNED 39 4 (35) 2,622 500 (2,122) -81% Subtotal ASF 55,185 73,539 Grossing Factor (ASF to LSF) 1.65 Existing Leased Area (LSF) 90,950 Total Leasable Area 121,198

Alternate Options

Building Section

05 PROJECT FINANCIAL PLAN

Financial Plan 2009 Initial Occupancy (Millions) Sources of Funds Uses of Funds Startup Startup Loan proceeds $ 5.8 Design/Construction $ 5.2 School capital $ 0.4 Moving expense $ 1.0 Philanthropy $ 0.6 Furniture $ 0.6 Total $ 6.8 Total $ 6.8 Ongoing Ongoing Tuition 90% Rent 70% Philanthropy 8% Operating expenses 25% Other 2% Minor renovations 5% Total 100% Total 100%

Financial Plan 2013 5 th ,6 th ,24 th Floors + Learning Space & Office Improvements Sources of Funds Uses of Funds Startup Startup TI Funds $ 1.8 Design/Construction $ 3.3 School capital $ 1.9 Moving expense $ - Philanthropy $ 0.1 Furniture $ 0.5 Total $ 3.8 Total $ 3.8 Ongoing Ongoing Tuition 90% Rent 70% Philanthropy 8% Operating expenses 25% Other 2% Minor renovations 5% Total 100% Total 100%

06 OUTCOMES

Original Build-out

Original Build-out

12 th FLOOR – Media Labs

2 nd FLOOR – Learning Commons

2 nd FLOOR – Learning Commons

24 th Floor 24 th Floor

FLEXIBILITY + ADAPTABILITY THREE CLASSROOMS TWO CLASSROOMS AND RECEPTION

FLEXIBILITY + ADAPTABILITY LARGE LECTURE BANQUET AND RECEPTION

Learning Outcomes 1. Describe how common costs in a leased building project can be financed . 2. Identify opportunities and challenges of programming and adapting a high-rise building for educational use. 3. Discuss short-term design projects that take advantage of the opportunities and mitigate the challenges of a high-rise building project. 4. Review the outcomes of short-term design projects in a high-rise building.

THANK YOU

INTEGRATED TEAMS PAUL R. LUND SCOTT WALTERS GLEN STEINBACH Principal Principal/Project Manager Assoc. Dean, Strategic Hord Coplan Macht Hord Coplan Macht Initiatives plund@ pl und@hc hcm2.co com swalters@hcm hcm2.com com Johns Hopkins University gstei einba nbach@ h@jhu hu.ed edu