RFQ Pre-Submittal Conference TOD Opportunity on 11.75-Acre September 28, 2018 Fairplex-Owned Site in the City of La Verne ASKING QUESTIONS 1

RFQ Pre-Submittal Conference TOD Opportunity on 11.75-Acre September 28, 2018 Fairplex-owned site in the City of La Verne ASKING QUESTIONS 1. 2. 3. Go to slido.com on Enter the event code Type in your your phone, tablet, “fairplex” question or laptop

2 AGENDA 1 Welcome Remarks & RFQ Overview

2 TOD Development in Old Town La Verne • City of La Verne 3 Key Stakeholders Panel • Fairplex (Moderator) • Foothill Gold Line Authority • University of La Verne • Brackett Field Airport • National Hot Rod Association • Cal Poly Pomona

4 Q&A

3 THE OFFERING

• TOD opportunity on an 11.75- acre Fairplex-owned site • A Public-Private Partnership (P3); long-term ground lease • Within 300-feet of Gold Line expansion (2026) • Strong connection to Fairplex (gateway) and Old Town La Verne • Specific Plan and Final EIR • Approved EIFD • Adjacent to multiple institutions & activities

4 FAIRPLEX OBJECTIVES • Serve as the catalyst project at Fairplex and in La Verne

• Enhance and respect the unique identity and mission of Fairplex.

• Create top-quality TOD with strong physical and aesthetic connections to Fairplex and the City of La Verne

• Integrate with the La Verne Gold Line Station

• Generate land value and tax revenues

• Increase local commercial activity & employment opportunities

5 2-STEP DEVELOPER SOLICITATION

RFQ RFP

• Cast a wide net • Preliminary design drawings • Evaluate project concepts • Financing strategies & pro • Evaluate teams & financials formas • Create a shortlist of • Construction cost qualified bidders • Propose commercial and • Send RFP to shortlist only financial terms • Select a development team • Finalize negotiations

6 SOLICITATION SCHEDULE

Issuance of RFQ Friday September 7, 2018

Wednesday September 19, 2018 Site Tour - Los Angeles County Fair Thursday September 20, 2018

Pre-Submittal Conference Friday September 28, 2018

Deadline for Submittal of Questions regarding the RFQ Monday October 1, 2018

Deadline for Answers to Questions Monday October 15, 2018

Submittal Due Date for RFQ Friday November 2, 2018

Interviews of Teams (as necessary) November 2018

Shortlisting of Qualified Teams to Participate in RFP (anticipated) December 2018

RFP Released to Shortlisted Teams (anticipated) December 2018

7 THE SITE

APN Owner Acres Approx. Area (SF) 8378-015-004 Los Angeles County Fair Association 1.30 56,628 8378-015-005 Los Angeles County Fair Association 4.52 196,891 8378-015-006 Los Angeles County Fair Association 1.24 54,014 8378-015-007 Los Angeles County Fair Association 1.36 59,242 8378-015-008 Los Angeles County Fair Association 3.33 145,055 Total 11.75 511,830 8378-015-902 Metropolitan Water District (* not part of this RFQ *) 2.36 102,802

8 LOCATION & ENVIRONS 1. University of La Verne

2. Old Town La Verne

3. Future La 1 2 Verne/Fairplex Gold Line Station 3 4. Fairplex/LA County Fair

5. National Hot Rod Association 4 NHRA 6. Brackett Field 5 Airport

9 SITE PLANNING & CONDITIONS

Old Town Specific Plan • MU-2 Zone • If residential included, 15% of units must be affordable (low and moderate; 40% of 15%-allocation must be very low)

Proximity to Brackett Field Airport • Brackett Field Airport Land Use Compatibility Plan: http://planning.lacounty.gov/brackett/documents • FAA flight path obstruction study Geotechnical/Soils & Utilities • By approximation, soils report from adjacent site provided; further investigation require • Utilities available – upgrades TBD; see Infrastructure Plan 10 KEY PLANNING DOCUMENTS Fairplex Strategic Plan www.fairplex.com/aboutus/ceo/strategic-planning

Old Town La Verne Specific Plan www.cityoflaverne.org/otlvsp.pdf

Old Town La Verne Specific Plan: Draft www.ci.la- and Final Environmental Impact Report verne.ca.us/index.php/documents/community- (NOTE: the final certified EIR starts on page 567 of development-planning/general-and-specific-plans/816- the PDF document) old-town-la-verne-specific-plan-draft-final-eir/file La Verne Station Gold Line Fact Sheet www.foothillgoldline.org/images/uploads/LaVerneFactS heet_web.pdf

https://foothillgoldline.org/cities_stations/la-verne/ La Verne Enhanced Infrastructure http://www.ci.la- Financing District (Adopted verne.ca.us/index.php/documents/lveifd Infrastructure Financing Plan, etc.) Geotechnical Report on adjacent parcel https://www.dropbox.com/s/jva8yz9mss84hrp/Stable- Barn%20Reno%20Geotechnical%20Report.pdf?dl=0 Brackett Field Airport Land Use http://planning.lacounty.gov/brackett/documents Compatibility Plan

11 RFQ Outline

Section1 Introduction of the Offering

Section 2 Solicitation Schedule, Instructions, and Contact

Section 3 Proposed Development Opportunity

Section 4 Submittal Requirements

Section 5 Evaluation Criteria

Section 6 Disclosures & Additional Information

12 Section 4: Submittal Requirements

• Submittal Cover, Table of Contents, Tranmittal Letter • Executive Summary • Project Concept to Meet Fairplex Objectives • Development Team • Project Experience • Project Personnel • Organization Chart • Development Team References • Financial Information • Litigation and Bankruptcy History

13 Section 5: Evaluation Criteria

• Administrative and Legal Evaluation • Financial Evaluation • Technical Evaluation • Key Personnel Evaluation

14 AGENDA 1 Welcome Remarks & RFQ Overview

4 Q&A

15 ASKING QUESTIONS 1. 2. 3. Go to slido.com on Enter the event code Type in your your phone, tablet, “fairplex” question or laptop

AGENDA 1 Welcome Remarks & RFQ Overview

4 Q&A

28 ASKING QUESTIONS 1. 2. 3. Go to slido.com on Enter the event code Type in your your phone, tablet, “fairplex” question or laptop

29 Fairplex/La Verne Site RFQ September 28, 2018 Foothill Gold Line Light Rail Program

$3 billion public investment

31 Foothill Gold Line’s Three Phases

Los Angeles-Pasadena Pasadena-Azusa Glendora-Montclair

• Los Angeles to Pasadena – Completed On Time/Under Budget (2003) – 13.7 Miles, 3 Cities, 13 Stations • Pasadena to Azusa – Completed On Time/Under Budget (2015) – 11.5 Miles, 5 Cities, 6 Stations • Glendora to Montclair – Broke Ground December 2, 2017 – 12.3 Miles, 6 Cities, 6 Stations Part of LA County’s Growing Rail Network

Montclair

Foothill Gold Line Light Rail Corridor

County Rail and Busway Network with Measure R and Measure M Ridership Exceeding Expectations

• Ridership is at historic highs (average for 2017) – More than 52,000 boardings each weekday (58,000+ on weekends) – 16.6 million annual boardings (137 million passenger miles) Glendora to Montclair Segment

35 Glendora to Montclair Segment

Six more stations underway now

36 Broke Ground - December 2017

6 Glendora to Montclair Work Plan

2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Ground Breaking – December 2017 Utility Relocation Contract Alignment Contract – October 2018*

Alignment Contract

Final Engineering

Freight/Metrolink Project 1 Relocation Construction Substantial Completion

Project 2 Light Rail Construction

* Could extend to December 2018 La Verne Station - one of six new stations

39 La Verne Station Site Plan

40 La Verne Site Plan Model La Verne Station

42 Gold Line & TOD Corridor Development Since 2003 (built or underway within ½-mile of a Gold Line Station)

• 12,500 new housing units

• 3,600,000 square feet of commercial/institutional space

• 1,400 hotel rooms

$6.7 Billion of Private Investment Value Potential Development – Phase 2

• 17,000 additional housing units

• 10,000,000 sf of additional commercial/institutional space

• 250 more hotel rooms

Potential for $9 Billion Additional Private Investment Glendora to Montclair Connections

46 Higher Education – “Brain Train”

Two dozen more colleges within short walk, bike or bus ride of stations

47 Regional Destinations

Montclair TransCenter

Regional Parks & LA County Fairplex Public Open Space Areas

Raging Waters LA/Ontario International Airport Historic Downtowns, Museums, Hospitals, etc.

49 Stay Connected: foothillgoldline.org iwillride.org /iwillride

@iwillride

50 About the University of La Verne Founded in 1891, the University of La Verne is an independent, nonprofit, comprehensive institution focused on four core values: lifelong learning, ethical reasoning, civic and community engagement, and diversity and inclusivity. The University of La Verne serves more than 8,100 students across its 10 California campuses and online. By the Numbers

More than 5,500 students study at the La Verne campus

More than 900 students live on campus

Approximately 700 international students attend per year

About 800 faculty and staff

Average student age on La Verne campus • Traditional undergraduate: 20 • Graduate: 30 • Adult undergraduate: 33 At A Glance

Degree programs • More than 50 undergraduate • Nearly 20 master’s • Four doctoral

Campus is hub of activities that attract broader community: NCAA athletic events, concerts, plays, art exhibits, student competitions, and academic conferences. Old Town La Verne Specific Plan

Old Town La Verne Specific Plan FIGURE 9.2:

PREFERRED LAND USE DEVELOPMENT PLAN

Specific Plan Area Gold Line Station Platform Metrolink Station Platform (currently Metrolink stops only during the LA County Fair) HISTORIC OLD TOWN SECTOR - Historic Core Retail (Small-Scale Shops, Restaurants and Services) RI!! Old Town Mixed-Use (Small-Scale Shops and Restaurants and Services. First Level Retail with Residential above for Residents.) � Adaptive Reuse Mixed-Use (Adaptive Reuse of Packing Houses for Shops, Restaurants and Services.) � Historic Fabric Mixed-Use (Adaptive Reuse of Single-Family Structures for Retail, Office, Restaurant, University of La Verne or Residential)

FIRST STREET SECTOR D Medium Density Residential (Two--0r Three-Story Row Houses, Stacked Flats or Lofts) ARROW CORRIDOR/ TODSECTOR a Mixed-Use 1 (Retail with Residential or Office above) [[]ffiJ Mixed-Use 2 Fairplex (Retail and/or Cultural with Residential or Office above) !:,,"] UNIVERSITY OF LA VERNE SECTOR University of La Verne Site OTHER USES � New Historic Fabric - Institutional Open Space (Parks orPlazas) - Paricing 10 Acres JI., 5 minute walk (1,200') -'�

0 12 0 2so so0 1ooo ft 1Acre • •== - ==• s o ::i- • r::: ::i - - 111 Feet�

66 OLD TOWN LA VERNE SPECIFIC PLAN University of La Verne Main Campus

Gold Line Station Brackett Airfield Airport

Fairplex La Verne Site RFQ Pre-Submittal Conference Airspace

9/24/2018 56 Airport Economic Benefit 2013

9/24/2018 57 Aerial View

Fairplex Site Brackett Airport

9/24/2018 58 Airport Traffic Flow

9/24/2018 59 Airport Traffic Flow

9/24/2018 60 FAA Airspace

• Title 14: Aeronautics and Space PART 77—Safe, Efficient Use, and Preservation of the Navigable Airspace • Notice of Proposed Construction or Alteration Form 7460-1 • Brackett Airfield Airport Land Use Compatibility Plan • Point of Contact – Brackett Airfield Airport Manager: (909) 593-1395

9/24/2018 61 FAIRPLEX: LA VERNE SITE RFQ PRE-SUBMITTAL CONFERENCE

▪ In the late 1940s, Wally Parks began advocating for safe and legal activities for hot rodders using his editorial column in Hot Rod magazine

▪ NHRA was established by Wally Parks in 1951 with support from hot rodders, car clubs, law enforcement and community leaders

▪ From its inception NHRA’s mission has been “Dedicated to Safety”

▪ NHRA encouraged early efforts to find a suitable place for rodders to race legally, including those of Bud Coons and Chief Parker of Pomona ▪ 1949, Fair recognized the need for motorsports venues and began to sponsor events

▪ 1951, Pomona Valley Timing Association held regularly scheduled events at the new dragstrip successfully curtailing the street racing problem

▪ 1953, NHRA held its first ever officially sanctioned event, the Southern California Championship Drag Races on April 11 – 12 on the track at Fairplex

▪ Today, NHRA starts and ends its professional racing series, NHRA Mello Yello Drag Racing Series, each year at the Fairplex – NHRA Winternationals in February – Auto Club NHRA Finals in November ▪ Today NHRA stands as the world’s largest motorsports sanctioning body with approx 30,000 licensed competitors

▪ Network of approx 120 NHRA Member Tracks host over 7,000 days of racing under the NHRA umbrella annually

▪ NHRA has over 16.1M avid fans across the United States in addition to a vast international footprint ▪ NHRA’s core fan is a work proud, middle class male or female

▪ NHRA National Events held at the Fairplex are unique as they serve as one of the major hubs for fans, tourists and automotive enthusiasts – Auto Club Raceway hosts visitors from throughout the United States and 5 separate continents annually ▪ Attendance – 2016: +5% – 2017: +4% – YTD 2018: +2% ▪ Television viewership – 2016: +72% Sellout Crowds – 2017: +10% – YTD 2018: -5%; +74% from 2015

▪ Social Media (total following) – 2016: 1.65M – 2017: 2.14M – YTD 2018: 2.24M ▪ Digital Media – 1.5M unique visitors per month

FASTEST GROWING MOTORSPORT Campus Overview

EPICENTER FOR CREATIVITY, DISCOVERY AND INNOVATION www.cpp.edu BACKGROUND • One of two polytechnic universities in California and only a handful in the nation • Consistently ranked among best public Universities in the West • Recognized as among the best in the country on the Social Mobility Index • Offers 56 undergraduate, 32 graduate, 1 doctoral, 4 credential and 1 certificate programs across eight academic colleges and extended education • Dr. Soraya Coley became the first female president of the University in January 2015

EPICENTER FOR CREATIVITY, DISCOVERY AND INNOVATION www.cpp.edu PHYSICAL SPACE

• Campus size: 1,438 acres (2nd largest in CSU) • 527 acres of agricultural land • Lanterman: Additional 300 acres • Additional student housing in construction • Currently forming a new Campus Master Plan that aligns with Strategic Plan and Academic Master Plan • Close proximity to project location

EPICENTER FOR CREATIVITY, DISCOVERY AND INNOVATION www.cpp.edu ENROLLMENT, EMPLOYMENT & COMMUTING

• 25,000+ students enrolled • 2,400 live on campus • Average commute = 15 miles • 78.5% commute via car (63.4% make multiple daily trips)

• 2,500 Faculty and staff • Average commute = 16 miles • 88% commute via car (75% alone)

EPICENTER FOR CREATIVITY, DISCOVERY AND INNOVATION www.cpp.edu KEY OPPORTUNITIES • Live, learn, play place for students, faculty, and staff

• Increased connectivity to other higher education institutions

• Incentivize use of alternative transportation and minimize parking demands

EPICENTER FOR CREATIVITY, DISCOVERY AND INNOVATION www.cpp.edu AGENDA 1 Welcome Remarks & RFQ Overview

4 Q&A

76 THANK YOU FOR COMING!

RFQ Pre-Submittal Conference TOD Opportunity on 11.75-Acre September 28, 2018 Fairplex-owned site in the City of La Verne