RFQ Submission Prepared for: City of Vallejo Prepared by: Mare-tech Development, LLC Date: October 1, 2014 Reference: North Mare Island Development Opportunity ! EXECUTIVE SUMMARY ! Development Entity Mare-tech Development LLC was formed in 2013. The purpose is to establish an entity that will be the focal point for the execution and development of a Technology Campus on North Mare !Island. A “Googleplex” for multiple tenants. This need arises from the existing demand for medium size, high growth tech companies to co-locate in an environment which shares all of the big company campus benefits and amenities, made affordable by having multiple companies on the same campus. Developer Qualifications Mare-tech Development LLC is managed by a seasoned team of real estate development professionals proficient in all aspects of commercial real estate investment, property development, acquisitions, finance and dispositions, asset management and property !management. Our development team has the ability and experience to manage all elements of this undertaking, including environmental challenges, and Federal & State agency relationships. We have the breadth and depth of knowledge and experience to deliver this project from start to finish, including all user transactions (sales and leasing). Concept for North Mare Island A Mixed-Use campus to provide a destination office complex for technology, research, arts, and light industrial activities. The size and scale of the campus will allow small/medium sized companies to grow within a synergistic and innovative multi-user hub. Additionally the campus will provide resident companies with the same shared amenities and benefits that the !tech ‘giants’ use to attract and retain employees. • Jobs: 9,075 • Output: $1.6billion • Taxes: $3.5million Approach to Meeting the City’s Objectives The project aligns well with the City’s economic and fiscal objectives, offering high volume quality jobs and tax revenues, cohesion with the wider development of Mare Island, and a mixed-use approach that will enhance Vallejo’s competitive position as a commercial center. ! RFQ - North Mare Island !1 www.mare-tech.com ! !STATEMENT OF QUALIFICATIONS Mare-tech Development Our organization functions as a “Limited Liability Corporation” joining together representative management teams through association of individuals and independent companies for facilities !planning, development, design management and construction. • Our knowledge, expertise and experiences come not only from a design and construction perspective, but as building owners and operators. This knowledge and experience extends ! to all elements of project planning and execution • Also, having broad contractor experience, we can work very effectively with the selected ! general contractor through their elements of the design process • Furthermore, as building owners and operators, we bring a facilities management perspective and sound business judgment to the design process Project Team (Following this page is our statement presenting our organization and profiles for the principals involved) Experience by Example (following the Project Team section are several examples of large sophisticated ground-up development projects. We present key examples demonstrating this team’s ability and leadership for delivering the Mare-tech project) Financial Approach Mare-tech Development LLC believes that optimal economic and civic results can be achieved only through structuring agreements that are mutually beneficial to all parties. Effective public/ private partnerships, including development agreements and state/federal financing tools, will !continue to be critical to the success of the Mare-tech Campus project. Mare-tech has the ability to finance the entitlements and pre-engineering phases through the end of 2016. During the first phase of entitlements, aggressive pursuits to obtain forward commitments from technology tenants and parcel buyers will position the project for the larger equity input; debt coverage will be obtained based on individual building and infrastructure construction. There will be multiple sources of equity and debt tracking the different phases and timing (e.g., financing Campus amenities will be different than construction of office buildings !and parking structures). Such variables could occur over a five year span. RFQ - North Mare Island !2 www.mare-tech.com !STAFFING AND ORGANIZATION Mare-tech Development Organization Our organization functions as a collaborative management team for all facets of development planning, design and engineering management and construction, and continuing market !strategies for future uses at Mare-tech Development. !Principals assigned to this project: ! Stephen Weir – Principal in charge of overall development concept and marketing Matthew A. Oliver – Principal in charge for all entitlement, design and pre-construction ! related activities Pieter de Monchy – Associate and Principal contributing to the entitlement process, ! including site design and civil engineering Tom Wilson – Associate and Principal contributing to the entitlement process, including ! conceptual design As assignments evolve and progress, assignments can be transferred among our managers, !based on time commitments and management skills required. ! ! Mare-tech Development ! ! Developer ! Associate Principal Management ! Management Oliver & Associates ! PdM Consulting Mathew Oliver ! Housman Weir Pieter de Monchy Investments ! TWA, Inc. Stephen Weir Thomas Wilson RFQ - North Mare Island !3 www.mare-tech.com !PERSONAL PROFILES Stephen Weir Stephen Weir is partner at Houseman Weir Investments, a Commercial Real Estate Investor / Developer specializing in Creative Technology Space in the San Francisco Bay Area. He has !been executing innovative urban infill developments. Previously, Mr. Weir co-founded Kaikorai Valley Properties, managing the investment and redevelopment of Burnside Commercial; a 216 acre commercial park for industrial and light commercial companies, including 1million square feet of buildings, and an additional 56 acres !of land zoned for commercial build-to-suit development. Earlier Mr. Weir founded three separate “start-ups” – Saturn Media which created MadeIt.com, an online ticketing platform. Shortly thereafter, Yobu.jp was launched for the Japanese online and mobile event discovery market; earlier Tarvis Technology Ltd. which invented and commercialized the “CrushCup” spoon-less yogurt cup. ! Matthew A. Oliver, Principal Mr. Oliver has over 30 years of experience in planning and management for commercial, industrial, institutional and residential development projects, including land acquisition and entitlements; major building development; tenant planning, and interiors design and !construction; real estate investment and property management. Mr. Oliver has been directly accountable for capital budgets ranging from under $1M to over $400M and has overseen the development, design and engineering, and occupancy of over 20 !million square feet of real estate. Mr. Oliver was previously partnered with The Rockridge Group, a major San Francisco-based planning and management organization, for major corporate relocations and build-to-suit !development projects. Prior to that Mr. Oliver was employed by AMB Investments, Inc., (now Prologis Corp.) a major development and real estate firm where he was responsible for development management and construction services, including high rise office development. Notably, Mr. Oliver was responsible as Development Manager for the 25-story high rise development at 505 Montgomery Street in San Francisco. He also represented the investment partner on the Sanwa Bank Building project – 1,000,000 square foot development of a 50 story office building !in downtown Los Angeles. RFQ - North Mare Island !4 www.mare-tech.com Earlier he was responsible for development, design and construction activities at Lincoln Property Company, a major national real estate development company. Of significance, Mr. Oliver was responsible as Development Manager for the 17-story high rise RiverPark Tower development in San Jose. He teamed with regional managers for the acquisition of land and entitlements and design and engineering efforts, including Seaport Center development in Redwood City. ! Pieter de Monchy Mr. de Monchy has been in the Civil Engineering industry working for private and public clients for over 30 years. As a Registered Civil Engineer (P.E.) and Certified Project Manager (C.P.M.), Mr. de Monchy has performed services as a Program Manager, Civil Engineer, Project Manager, and Construction Manager. He has performed Professional work for commercial, industrial, !residential and public clients and projects throughout California. Mr. de Monchy has managed projects including preparation of Feasibility Studies, Physical and Policy Planning, Preliminary and Final Engineering (infrastructure), and Construction !Management. In 2005, Mr. de Monchy was the Project Civil Engineer for the development and construction of a Regional Distribution facility for McLane Foods on a portion of the property master planned as the March Air Force Base Specific Plan, west of I-215 at Cactus Avenue in Riverside County. !Plans were processed for approval through the Joint Powers Authority. From 2006-2008, as an employee of ARCADIS-US, Inc., Mr. de Monchy was responsible for the Program Management, and preliminary and final engineering for a $1Billion Master Planned Commercial/Medical Campus project on Mare Island in Vallejo, California.