SwissReal Group McConnell venue Townhouse Project Terrace City Council Presentation March 23, 2015 y Franz Gehriger, President, SwissReal
Introduction SwissReal Group SwissReal Real Estate Services Ltd. (SwissReal) diversified commercial and residential real estate business based in Vancouver specializing in property management, development and new investments. Commercial, industrial and residential developments across Metro Vancouver and Vancouver Island condos, office, retail, warehouses, airport FedEx distribution centre, etc. Flagship development - The Exchange Project: o LEED Platinum office space in Vancouver business district o New 31-story tower, with renovation of historic building o Financing in partnership with Credit Suisse Historically partnered with and connected offshore investors with investment opportunities in Canada. More than 35 years of experience investing in, developing and managing real estate development projects.
pproach to usiness Socially responsible real estate development SwissReal takes a socially responsible, communityfocussed approach to real estate development: o o o Committed to building quality, tasteful projects in partnership with local government Contributes to building healthy, thriving communities by supporting local initiatives Interested in working with local contractors and service suppliers for real estate developments Focussed on long-term, quality, sustainability and financially-sound principles. Has been meeting with Terrace City Council, community stakeholders, business leaders and community organizations for the past year to introduce: o SwissReal o The McConnell venue Townhouse Project o Our plans for long-term investment in northwest C
Focussed on Northwestern ritish Columbia The Future of ritish Columbia is in the North SwissReal plans for long-term investment in northwest C: Terrace, Kitimat & Prince Rupert. Major existing and proposed project development including, mining exploration and development, power generation projects and LNG. Closest ports to sia from North merica and the industrial infrastructure to support activities in the oil/gas (vast gas reserves in C), mining and forestry sectors. Major infrastructure improvements and solid job creation coupled with steady population increases. Over $70 billion capital investment potential in the region The Skeena Industrial Development Park has the potential to create thousands of new manufacturing related jobs. ll of these investments and growth will continue to drive demand for new housing in the region.
The McConnell venue Townhouse Project Project Overview 35 unit family-oriented townhouse development Tasteful, sophisticated, quality constructed Craftsman style homes 12 buildings comprising two and three units per building Spacious 2 story, 3 bedroom townhome units averaging 1,480 square feet Price range between $370,000 - $390,000 Property located at 5101 McConnell venue on the bench
Development Design Currently vacant land, zoned R3 Cory Drive will be extended to McConnell venue Two road entryways to townhouse development off Cory Drive Integrated into the existing residential neighbourhood Property perimeter lined with hedges to provide tasteful division between neighbouring properties 14 visitor parking spaces The McConnell venue Townhouse Project
The McConnell venue Townhouse Project Landscape Design Professionally landscaped with trees, shrubs and greenery Common area green space with children s playground, lawn, walking paths and benches McConnell venue Cory Drive
The McConnell venue Townhouse Project Floor Plan Style 1 Three bedrooms Main bathroom, powder room, ensuite Front porch, front yard Single car garage, driveway ackyard has covered patio with privacy screen between units Lower Level Upper Level
The McConnell venue Townhouse Project uilding Elevations East Elevation North Elevation West Elevation South Elevation
Development Timelines Community, business and government consultation has been underway since the spring of 2014 Land clearing and site preparation (water, sewage, electrical) will begin pril 2015 uilding construction is scheduled to begin May 2015 and be completed in March 2016 Landscaping will be done in spring 2016 Homes will be ready for occupancy by summer 2016 The McConnell venue Townhouse Project
The McConnell venue Townhouse Project Questions?
Contact Information Franz Gehriger President & CEO fgehriger@swissreal.com Jeremy Towning Vice President Jeremy@swissreal.com Nadja Gehriger Vice President Ngehriger@swissreal.com The McConnell venue Townhouse Project
McConnell venue Townhouse Project bout the Project 35-unit family-oriented townhouse development 12 buildings comprising two and three units per building Tasteful, sophisticated, Craftsman-style homes Landscaped development with trees, shrubs and greenery Well built, quality construction materials Common area green space with children s playground, lawn, walking paths and benches 14 visitor parking spaces bout each unit Spacious two-story, 3-bedroom townhome units 10 x10 covered patio at the backyard with privacy screens between units 8 front yard and driveways, with covered 12 x 6 porches Single car garage with 8-foot high entrances to accommodate larger trucks verage size of units is 1,480 square feet Prices range from $370,000 to $390,000 bout the property 5101 McConnell venue is a vacant 2.7 acre piece of land on the Terrace bench The land is zoned R3 (residential) for a multi-family housing development Development will be integrated into the existing residential neighbourhood The property line perimeter will be lined with hedges to provide a tasteful division between neighbouring properties Cory Drive will be extended to McConnell venue There will be two road entryways to the townhouse development off Cory Drive Socially responsible real estate development SwissReal takes a socially responsible, community-focussed approach to real estate development: SwissReal is committed to building quality, tasteful projects in partnership with local government SwissReal contributes to building healthy, thriving communities by supporting local initiatives SwissReal is interested in working with local contractors and service suppliers for its real estate developments in Terrace, Prince Rupert and the northwest region of ritish Columbia SwissReal has been meeting with Terrace City Council, community stakeholders, business leaders and community organizations to introduce the company, the project and their plans for long-term investment in northwest C Community Impacts Construction will be undertaken in line with city noise bylaws Vehicle and truck traffic to the site will occur during the daytime in line with city bylaws Hedges, trees and shrubs will help absorb noise from increased residents to neighbouring properties SwissReal Group Canada #330-890 West Pender Street Vancouver, C V6C 23 604.688.5311 www.swissreal.com
Development timelines Community, business and government consultation has been underway since the spring of 2014 and will continue Land clearing and site preparation (water, sewage, electrical) will begin pril 2015 uilding construction is scheduled to begin May 2015 and be completed in March 2016 Landscaping will be done in spring 2016 Homes will be ready for occupancy by summer 2016 Economic Impacts Property tax revenue to city once completed Local construction/trades jobs and local contractors when possible enefits to local businesses, e.g. locally purchased supplies Increase values of existing homes in the area bout SwissReal Group Swissreal Real Estate Services Ltd., a division of Swissreal Group, is a diversified commercial and residential real estate business based in Vancouver specializing in property management, development and new investments. In addition to projects in Vancouver, SwissReal is focussed on long-term residential development in northwest C. With over 35 years of experience, SwissReal Group is a leader in real estate consulting and development. Swissreal Real Estate Services Ltd. operates three integrated businesses: property management of buildings in Vancouver and other parts of Canada, property development with partners in Canada and overseas (notably Credit Suisse) and investment planning and consultancy for individuals and businesses operating offshore. SwissReal has historically partnered with and connected offshore investors with investment opportunities in Canada with a focus on long-term, quality, sustainability and financially sound principles. Learn more about SwissReal. bout the SwissReal Team Franz U. Gehriger, Chief Executive Officer native of Switzerland, Franz provides proficiency in many facets of international real estate investment, management and finance. He graduated from the renowned Swiss usiness University of St. Gallen, and in Canada from the University of ritish Columbia. In the late 1970 s he was employed by a large Swiss bank with responsibilities in international financing and taxation. In the 1980 s he became President of Polaris Realty (Canada) Ltd. He is also a licensed real estate broker. In 1984, Mr. Gehriger founded SwissReal. Jeremy Towning, Vice President Completing his from Concordia University in Montreal, Jeremy s career was focused in sales. In 2007, his path changed into real estate acquisitions and construction for two franchise concepts in Western Canada. Having opened up over 25 franchise stores in only a few years, this led to negotiations with landlords and contractors. Jeremy started employment at SwissReal in 2012 assisting in the management of their residential property portfolio as well as leasing coordination in regards to The Exchange building. Nadja Gehriger, Vice President Nadja joined SwissReal in 2014 and is involved in the development of The Exchange building and new investments. fter graduating from UC with a achelor of Commerce, Nadja worked in London and Zurich for 14 years in the investment banking divisions of Credit Suisse and Merrill Lynch and was one of the co-founders of the European office of Qatalyst, a boutique investment bank. SwissReal Group Canada #330-890 West Pender Street Vancouver, C V6C 23 604.688.5311 www.swissreal.com
Plotted: February 20, 2015 at 4:58:06pm by Vrinda Nair OVERLL STREETSCPE -CORY VE File: Z:\2014 Projects\1423 - Swissreal TH 5101 McConnell\DP\1423 colored-streetscapes.dwg - Layout: Streetscape STREETSCPE (SOUTH) -CORY VE. STREETSCPE (NORTH)-CORY VE. 2015-02-17 35 UNIT TOWNHOUSE PROJECT NORTHERN TERR DELOPMENTS GP LTD. 5101 McCONNELL ve. TERRCE, C. STREETSCPE R C H I T E C T U R E I NCOR P OR T E D
Plotted: February 20, 2015 at 4:57:09pm by Vrinda Nair Copyright reserved. This drawing is the property of Focus rchitecture Incorporated their express written permission. McCONNELL VE. R C H I T E C T U R E I NCOR P OR T E D Suite 109-1528 McCallum Road bbotsford, ritish Columbia V2S 83 t 604.853.5222 f 604.853.5442 e info@focusai.ca 1 2 11 12 3 4 9 10 2014-12-18 ISSUED FOR RZ/DP MRCH 10, 2014 ISSUED FOR PLNNING REVIEW 2015-02-19 ISSUED FOR DP 5 REVISIONS CONSULTNT CLIENT 8 7 NORTHERN TERR DEVELOPMENTS GP LTD. 6 PROJECT 35 UNIT TOWNHOUSE PROJECT 110.50 5101 McConnell ve. TERRCE, C DRWING TITLE File: Z:\2014 Projects\1423 - Swissreal TH 5101 McConnell\DP\1423 SITE PLN.dwg - Layout: -0.01 SITE CONTEXT DTE SITE CONTEXT SCLE: 1"=40'-0" NORTH 2015.01.19 FILE NO. DWN. VN CHK. CH 1423 SEL SHEET NO. -0.01
Copyright reserved. This drawing is the property of Focus rchitecture Incorporated Plotted: February 20, 2015 at 4:55:18pm by Vrinda Nair McCONNELL VE FRONT PROPERTY LINE 20'-11 1/2" [6.4m] 15'-5" [4.7m] 44'-6" [13.6m] SETCK 19'-8" [6.0m] 20'-0" [6.1m] 19'-8" [6.0m] S I T E R E C O N C I L I T I O N LEGL DESCRIPTION: LOT 1 DISTRICT LOT 983 RNGE 5 COST DISTRICT PLN EPP42172 CIVIC DDRESS: 5101 McConnell ve., TERRCE their express written permission. EXISTING HOUSE (PPROX. OUTLINE) EXISTING HOUSE (PPROX. OUTLINE) 54'-0" [16.5m] 19'-5" [5.9m] 54'-0" [16.5m] 15'-5" [4.7m] 2 3 1 C 1 2 20'-0" [6.1m] ZONING INFORMTION: ZONE: EXISTING: R3 PROPOSED: R3 LOT RE: 1.086 Ha/2.683 ac./10860 m² /116896 sq.ft. LOT DENSITY (FR): LLOWED: 33 U.P.H. X 1.086Ha =35.84 UNITS PROPOSED: 35 units (total) 11 - units 14 - units 4 - C units 6 - C1 units LOT COVERGE: LLOWED: 50% PROPOSED: 36566 sq.ft/116896 sq.ft = 31.28% R C H I T E C T U R E I N C O R P O R T E D Suite 109-1528 McCallum Road bbotsford, ritish Columbia V2S 83 t 604.853.5222 f 604.853.5442 e info@focusai.ca 19'-9 1/2" [6.0m] 72'-0 1/2" [22.0m] 13'-8 1/2" [4.2m] 96'-0" [29.3m] 17'-10" [5.4m] SETCK 9'-10" [3.0m] 4 C SETCKS : REQUIRED: PROPOSED: 38'-10 1/2" [11.9m] SETCK 9'-10" [3.0m] NORTH PROPERTY LINE (INTERIOR ) 14'-8 1/2" [4.5m] 15'-0" [4.6m] 14'-2" [4.3m] NORTH (FRONT) 6 m (19.68 ft.) 6.0 m NORTH (INT. ) 3 m (9.84 ft.) 4.5 m EST (EXT. SIDE) 3 m (9.84 ft.) 3.0 m SOUTH(RER) 6 m (19.68 ft.) 6.6 m WEST (INT. ) 3 m (9.84 ft.) 4.4 m 36'-6" [11.1m] 20'-0" [6.1m] 29 11 30 31 32 12 33 34 35 PMT 1 E1 7 3 6 5 C 10'-0" [3.0m] EXTERIOR SIDE PROPERTY LINE-EST UILDING HEIGHT: LLOWED: 9.0 m (29.53 ft.) PROPOSED: 8.1 m (26.61 ft.) OUTDOOR MENITY RE: REQUIRED: 35 UNITS x 46 m² per unit = 1,610 m² PROPOSED: 3,067m² PRKING: REQUIRED: RESIDENT: 35 3-ED UNITS x 1.5 CRS = 52.5 CRS TOTL = 53 CRS VISITOR: 15% X53 SPCES = 7.95 = 8 CRS 23'-0" [7.0m] 22'-6" [6.9m] 35'-6" [10.8m] GRGE ENCLOSURE 20'-0" [6.1m] 23'-0" [7.0m] 20'-0" [6.1m] 35'-6" [10.8m] 94'-4 1/2" [28.8m] 36'-6" [11.1m] 20'-0" [6.1m] PROPOSED: RESIDENT: 35 UNITS x 2 CRS = 70 CRS VISITOR: 14 CRS INTERIOR SIDE PROPERTY LINE-WEST 12'-11" [3.9m] 100'-0" [30.5m] 13'-3" [4.0m] 14'-5" [4.4m] 24 C1 23 22 21 C1 E3 9 PMT 3 PMT 2 10 E2 28 C1 27 26 25 C1 18'-0" 18'-0" V1 V2 V3 LLN LOCK RETINING WLL V4 V5 OUTLINE OF MENITY RE 8509sf. (791m²) COMMON OUTDOOR MENITY SPCE LLN LOCK RETINING WLL 59'-8 1/2" V12 V11 V10 59'-8 1/2" V9 V8 V6 9'-3" TYP. 48'-0" [14.6m] 12'-0" [3.7m] 48'-0" [14.6m] V7 8 C1 9 10 11 C1 4 5 REVISIONS CLIENT 2014-12-18 ISSUED FOR RZ/DP MRCH 10, 2014 ISSUED FOR PLNNING REVIEW 2015-02-19 ISSUED FOR DP CONSULTNT NORTHERN TERR DEVELOPMENTS GP LTD. 23'-0" [7.0m] 20'-0" [6.1m] 35'-6" [10.8m] SETCK 9'-9 1/2" [3.0m] 20 GRGE ENCLOSURE 8 19 18 18'-0" 9'-3" V13 17 7 16 9'-3" TYP. 15 18'-0" 4'-2 1/2" 9'-3" V14 PMT 4 E4 14 6 13 12 C SETCK 9'-10" [3.0m] 20'-0" [6.1m] 35'-6" [10.8m] PROJECT 35 UNIT TOWNHOUSE PROJECT 5101 McConnell ve. TERRCE, C DRWING TITLE SITE PLN 29'-8" [9.0m] SETCK 19'-8" [6.0m] 21'-8" [6.6m] LLN LOCK RETINING WLL 29'-6" [9.0m] File: Z:\2014 Projects\1423 - Swissreal TH 5101 McConnell\DP\1423 SITE PLN.dwg - Layout: -0.02 NORTH SITE PLN SCLE: 1"=30'-0" 20'-0" [6.1m] 72'-0" [21.9m] 27'-7" [8.4m] 72'-0" [21.9m] RER PROPERTY LINE OUTLINE OF MENITY RE 24499 SQ. FT. (2276m²) 27'-8" [8.4m] 74'-0" [22.6m] EXISTING DUPLEX (PPROX. OUTLINE) 14'-0" [4.3m] JOLLIFFE VE. 110.50 DTE 2015.01.19 FILE NO. DWN. JK CHK. CH SEL SHEET NO. 1423-0.02
Plotted: February 20, 2015 at 4:56:15pm by Vrinda Nair Copyright reserved. This drawing is the property of Focus rchitecture Incorporated their express written permission. R C H I T E C T U R E I N C O R P O R T E D Suite 109-1528 McCallum Road bbotsford, ritish Columbia V2S 83 t 604.853.5222 f 604.853.5442 e info@focusai.ca 2014-12-18 ISSUED FOR RZ/DP MRCH 10, 2014 ISSUED FOR PLNNING REVIEW 2015-02-19 ISSUED FOR DP REVISIONS CONSULTNT CLIENT NORTHERN TERR DEVELOPMENTS GP LTD. PROJECT 35 UNIT TOWNHOUSE PROJECT 5101 McConnell ve. TERRCE, C DRWING TITLE SURVEY File: Z:\2014 Projects\1423 - Swissreal TH 5101 McConnell\DP\1423 SITE PLN.dwg - Layout: -0.02 NORTH SURVEY SCLE: 1"=30'-0" DTE 2015.01.19 FILE NO. DWN. CHK. CH SEL SHEET NO. 1423-0.02
Copyright reserved. This drawing is the property of Focus rchitecture Incorporated Plotted: February 20, 2015 at 5:50:09pm by Vrinda Nair 130m 129m 128m 127m 126m 125m 124m 123m 122m 121m 120m 119m 118m 117m 116m 115m 114m 113m 112m 111m 110m 109m 108m 107m 106m 105m 104m 103m 130m 129m 128m 127m 126m 125m 124m 123m 122m 121m 120m 119m 118m 117m 116m 115m 114m 113m 112m 111m 110m 109m 108m 107m 106m 105m 104m 103m their express written permission. R C H I T E C T U R E I N C O R P O R T E D Suite 109-1528 McCallum Road bbotsford, ritish Columbia V2S 83 t 604.853.5222 f 604.853.5442 e info@focusai.ca 130m 129m 128m 127m 126m 125m 124m 123m 122m 121m 120m 119m 118m 117m 116m 115m 114m 113m 112m 111m 110m 109m 108m 107m 106m 105m 104m 103m 3'-4" EXISTING GRDE LLN LOCK RETINING WLL MF=112.70m 112.00 VISITOR PRKING MF=113.55m LLN LOCK RETINING WLL PROPOSED GRDE @ LNDSCPED RE MF=114.15m VISITOR PRKING LLN LOCK RETINING WLL PROPOSED GRDE @ ROD C/L (IN FRONT OF THE UILDING) REVISIONS 2014-12-18 ISSUED FOR RZ/DP MRCH 10, 2014 ISSUED FOR PLNNING REVIEW 2015-02-19 ISSUED FOR DP CONSULTNT CLIENT NORTHERN TERR DEVELOPMENTS GP LTD. PROJECT File: Z:\2014 Projects\1423 - Swissreal TH 5101 McConnell\DP\1423 Site Sections.dwg - Layout: -0.03 UNIT UNIT C1 MF=114.15m VISITOR PRKING LLN LOCK RETINING WLL PROPOSED GRDE @ ROD C/L (IN FRONT OF THE UILDING) MF=114.70m 130m 129m 128m 127m 126m 125m 124m 123m 122m 121m 120m 119m 118m 117m 116m 115m 114m 113m 112m 111m 110m 109m 108m 107m 106m 105m 104m 103m 35 UNIT TOWNHOUSE PROJECT 5101 McConnell ve. TERRCE, C DRWING TITLE SITE SECTION DTE DWN. CHK. SEL SHEET NO. 2015.01.19 FILE NO. JK/VN CH 1423-0.03
Plotted: February 20, 2015 at 5:37:18pm by John Kwak Copyright reserved. This drawing is the property of Focus rchitecture Incorporated their express written permission. 113.50 114.00 R C H I T E C T U R E I N C O R P O R T E D 114.50 Suite 109-1528 McCallum Road bbotsford, ritish Columbia V2S 83 t 604.853.5222 f 604.853.5442 e info@focusai.ca 110.50 EXISTING DUPLEX UILDING 6 SITE ENTRY UILDING 5 UILDING 4 INTERNL DRIVEWY 2014-12-18 ISSUED FOR RZ/DP MRCH 10, 2014 ISSUED FOR PLNNING REVIEW 113.50 REVISIONS 2015-02-19 ISSUED FOR DP CONSULTNT 110.50 CLIENT NORTHERN TERR DEVELOPMENTS GP LTD. PROJECT 35 UNIT TOWNHOUSE PROJECT SITE ENTRY UILDING 3 UILDING 2 UILDING 1 5101 McConnell ve. TERRCE, C DRWING TITLE STREETSCPE File: Z:\2014 Projects\1423 - Swissreal TH 5101 McConnell\DP\1423 Streetscape.dwg - Layout: -0.04 114.00 114.50 DTE 2015.01.19 FILE NO. DWN. JK CHK. CH SEL SHEET NO. 1423-0.04