Subject Site REQUEST FOR QUALIFICATIONS: HOTEL DEVELOPMENT OPPORTUNITY THE DEVELOPMENT OF A WATERFRONT HOTEL PROJECT AT OYSTER POINT FEBRUARY 2017 PREPARED ON BEHALF OF: CONTACT: Chris Kraus Miky Kuo Managing Director Director CBRE Hotels - Consulting CBRE Hotels - Consulting 101 California Street, 44th Floor 101 California Street, 44th Floor San Francisco, California 94111 San Francisco, California 94111 HOTEL DEVELOPMENT OPPORTUNITY | SOUTH SAN FRANCISCO, CA Tel: +1 415 652 4483 Tel: +1 415 772 0358 | 1 Email:
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[email protected] TABLE OF CONTENTS 03 07 16 23 28 EXECUTIVE PROJECT & SITE SOUTH SAN LOCAL LODGING SUBMITTAL SUMMARY OVERVIEW FRANCISCO MARKET OVERVIEW REQUIREMENTS OVERVIEW HOTEL DEVELOPMENT OPPORTUNITY | SOUTH SAN FRANCISCO, CA | 2 Subject Site EXECUTIVE SUMMARY HOTEL DEVELOPMENT OPPORTUNITY | SOUTH SAN FRANCISCO, CA | 3 EXECUTIVE SUMARY AN EXCELLENT OPPORTUNITY TO DEVELOP A HIGH-QUALITY, perform all services necessary to successfully develop a hotel or WATERFRONT HOTEL ON OYSTER POINT IN SOUTH SAN hotels with up to 350 guestrooms (the “Hotel Project”). FRANCISCO, CALIFORNIA Following a review of qualifications submitted by interested The City of South San Francisco (the “City”), through itself or an Development Teams, the City plans to interview those parties it affiliate, seeks to solicit a statement of qualifications and determines are best-suited to successfully develop the Hotel preliminary project concept from qualified Development Teams to Project. Ultimately, the City will then select the most qualified build a high-quality, hotel or hotels, to be located at Oyster Point Development Teams to submit a formal development proposal. in South San Francisco, California. Partially entitled with program level CEQA clearance for up to 350 guestrooms on 4.7-acre site .