HILL AIR FORCE BASE, UTAH

Transcription

1 HILL AIR FORCE BASE, UTAH

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3 About Falcon Hill is one of the most strategically located aerospace research parks in the nation, located at Hill Air Force Base in Clearfield, Utah, with space available both inside and outside of the fence. This 550 acre private development, under an Air Force Enhanced Use Lease, will feature over 2 million square feet of commercial space in its first phase, with additional phases planned. This development offers unmatched location, expansion capability, staging benefits and infrastructure. Hill Air Force Base is the largest component of Utah s defense sector and has, for many decades, been one of the top employers in the state. As an established engine of economic growth, Hill Air Force Base contributes over $3.5 billion to Utah s economy each year. Location Hill Air Force Base is conveniently situated between Ogden and Salt Lake City, the Crossroads of the West. Falcon Hill has immediate access to I-15 and is within minutes of the Front Runner commuter rail. Only 8 miles south of Ogden and 30 miles north of Salt Lake City, Falcon Hill offers unbeatable frontage and prominence along Utah s primary transportation corridor. Bordered by the Wasatch Mountains on the east and overlooking the Great Salt Lake to the west, this development offers one of the most scenic locations in the country.

4 Office Falcon Hill office buildings are designed to meet the highest standards including LEED Certifiability, offering a true Green Building environment. Total Office Square Footage... 1,245,000 SF Typical Floor Plate... 25,000 SF Parking Ratio... 5/1,000 Retail Falcon Hill retail space will be located in the heart of the development project, with excellent freeway exposure and immediate access to I-15. Total Retail Square Footage... 45,000 SF Restaurant Space... 21,000 SF Size Range... 1,500-20,000 SF increments Average Daily I-15 Traffic...110,090 Hotel and Conference Center The Conference Center located on the Falcon Hill development project will boast state-of-the-art audio visual systems and an abundance of meeting space. Hotel Accommodations...Five stories, 200 rooms

5 Site Plan Phase 1 Inside the Fence Phase 2 Outside the Fence EXISTING BUILDING - 110,090 ADT ADT

6 PHASE 1 INSIDE THE FENCE Planned Buildings Entire building available for pre-leasing. Total Square Footage... 75, ,000 SF Floor Plate Size...25,000 SF Number of Floors... Three to Five Benefits Of Moving Inside The Fence Buildings are designed and constructed to fully meet the Department of Defense ATFP standards including: - Progressive collapse structural design - Blast resistant glass and glazing - Tempesting options available - Site planning design for all standoff distances Enhanced security by being behind the installation boundary fence Proximity to federal clients Redundant and robust communication feeds from multiple providers Redundant electrical feeds with generator backup Partnering opportunities with the Department of Defense Lease Rate: $23.00/SF/NNN

7 UP UP Sample Floor Plate BUILDING FEATURES Fiber optic connectivity Redundant power Sophisticated HVAC and climate control Security monitoring/access FUTURE BUILDING FUTURE BUILDING EXISTING BUILDING FUTURE BUILDING BUILDING 1580

8 PHASE 2 OUTSIDE THE FENCE Benefits Of Moving Outside The Fence Public access while maintaining proximity to federal clients Supporting retail facilities on site All new infrastructure Master planned state-of-the-art research park Fiber optic connectivity Redundant power Computerized HVAC/climate control for efficient use of energy Security monitoring access Buildings designed to LEED certifiable/green building Ease of access and exposure to Interstate 15 Lease Rate: $18.00-$20.00/SF/NNN

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10 RETAIL Falcon Hill retail space will be located in the heart of the development project, with excellent freeway exposure and immediate access to I-15. Total Retail Square Footage... 45,000 SF Restaurant Space... 21,000 SF Size Range... 1,500-20,000 SF increments PROPERTY FEATURES Restaurant and shop space available Located in the gateway to Falcon Hill Immediate area boasts a daytime population of 24,060 within a three mile radius Quick Facts 45,000 total square feet of retail 1,245,000 total square feet of Class A office space 6,000 projected employees Five-story 200 room hotel State-of-the-art conference center

11 Demographics POPULATION: Average Daily Traffic 1 mile 3 miles 5 miles 2012 Estimated: 5,532 65, , Projected: 5,497 68, , Daytime: 1,035 24,060 68,938 HOUSEHOLDS: 2012 Estimated: 1,875 21,109 66, Projected: 1,869 22,300 71,821 INCOME: 2012 MED HHI: $41,452 $51,093 $56, MED HHI: $41,773 $52,159 $58,225 Interstate ,090 ADT Main Street...27,610 ADT 300 North...15,000 ADT 1800 North...14,450 ADT

12 PROJECT BENEFITS The Falcon Hill project provides significant benefits for all involved constituencies bolstering the local economy with cutting edge, high tech facilities and an expanding professional work force; enhancing property values and infrastructure; increasing tax base; and improving working conditions for base employees. The improvements should help buttress the area over the next generation, and set the stage for further growth. FOR THE U.S. AIRFORCE Realize untapped value for its real property holdings Utilize payment in-kind consideration instead of appropriated funds for necessary replacement of deteriorating buildings and infrastructure, saving tax dollar appropriations Providing greater co-worker accessibility between government and private sector and providing modern and more efficient facilities Facilitate mission growth for the installation by providing new capacity FOR HILL AIRFORCE BASE WORKERS Realize improved working conditions replacement of 1.5 million square feet of aging office space with new modern and energy efficient facilities Improve amenities enhanced building systems including HVAC, security, and parking Bolster worker morale Increase efficiency and productivity air force staff and contractors now in multiple buildings will work in closer proximity FOR THE STATE AND COMMUNITIES AROUND HILL AIR FORCE BASE Realize long-term economic development and high paying aerospace related jobs construction of the first 180 acres alone will infuse another $500 million into the Utah economy Provide four local communities with property tax revenues on the commercial improvements and sales taxes resulting from retail and hotel project components Allow for the expansion of existing business servicing Hill AFB and providing the space to attract new missions

13 Awards And Achievements 2012 National Council for Public-Private Partnerships - Distinguished Innovation Award 2011 Associated General Contractors, Utah Chapter - Industrial Project of the Year $25+ Million 2010 AFMC Design Awards - Honor Award, Concept Design 2010 United States Air Force Architectural Honor Award Architectural Nexus

14 Buffet & Grill FAIRFIELD ROAD ROAD ,815 18,815 ADT ADT Surrounding Amenities HILL AIR FORCE BASE 3000 NORTH - 33,700 ADT I , ,090 ADT ADT ANTELOPE DRIVE - 36,655 ADT golden corral LAYTON HILLS MALL Garcia s MAIN STREET STREET - 24,890 24,890 ADT ADT

15 Transportation Drive Times RR DRRR D ÿdd ÿd DDÿÿÿ NNDDD ANNN AAA LLLA DLLL DDD IIIID I M M ÿm ÿÿm M SSSSSÿÿ Wÿ4000ÿS Wÿ4000ÿS Wÿ4000ÿS Wÿ4000ÿS Wÿ4000ÿS WESTÿHAVEN WESTÿHAVEN Ogden-Hinckley Ogden-Hinckley Ogden-Hinckley Ogden-Hinckley Ogden-Hinckley Ogden-Hinckley HOOPER HOOPER ROYÿSTATION ROYÿSTATION Wÿ4400ÿS Wÿ4400ÿS Wÿ4400ÿS Wÿ/ÿBUSÿINTERCHANGE Wÿ/ÿBUSÿINTERCHANGE Wÿ4400ÿS Wÿ4400ÿS OGDEN OGDEN ROY ROY 8 CLINTON CLINTON RIVERDALE RIVERDALE D D D D ÿrd ÿr ÿr ÿr EEÿR ALLLLLEEE A A A DA D D D RD RRR ER EEE IVE IV IV IV RIV RRR R LAYTON LAYTON SYRACUSE SYRACUSE ROY ROY Wÿ5600ÿS Wÿ5600ÿS Wÿ5600ÿS Wÿ5600ÿS Wÿ5600ÿS Sÿ1900ÿW Sÿ1900ÿW Sÿ1900ÿW Sÿ1900ÿW Sÿ1900ÿW Sÿ1900ÿW RIVERDALEÿPARKÿ&ÿRIDE RIVERDALEÿPARKÿ&ÿRIDE Œ Œ KAYSVILLE KAYSVILLE WASHINGTONÿ WASHINGTONÿ TERRACE TERRACE FARMINGTON FARMINGTON CENTERVILLE CENTERVILLE Nÿ2000ÿW Nÿ2000ÿW Nÿ2000ÿW Nÿ2000ÿW Nÿ2000ÿW W W W ÿÿw ÿw W ÿÿÿ ÿÿ11ÿ SSSSSSÿÿÿ BOUNTIFUL BOUNTIFUL SOUTHÿWEBER SOUTHÿWEBER Wÿ1800ÿN Wÿ1800ÿN Wÿ1800ÿN Wÿ1800ÿN Wÿ1800ÿN NORTHÿSALTÿLAKE NORTHÿSALTÿLAKE HillÿAirÿForceÿBase HillÿAirÿForceÿBase SALTÿLAKE SALTÿLAKE CITY CITY CLINTON CLINTON ACCESSÿTOÿI-15 ACCESSÿTOÿI-15 CLEARFIELD CLEARFIELD SITE ACCESSÿFROMÿI0-15 ACCESSÿFROMÿI0-15 WESTÿVALLEYÿCITY WESTÿVALLEYÿCITY LEGEND Wÿ300ÿN Wÿ300ÿN Wÿ300ÿN Wÿ300ÿN Wÿ300ÿN WESTÿJORDAN WESTÿJORDAN SOUTHÿJORDAN SOUTHÿJORDAN SOUTHÿJORDAN SOUTHÿJORDAN CLEARFIELDÿSTATION CLEARFIELDÿSTATION Wÿ/ÿBUSÿINTERCHANGE Wÿ/ÿBUSÿINTERCHANGE - LEGEND BUS ROUTE FRONTRUNNER LINE SUMMITÿPARK SUMMITÿPARK CBD CBD CBD CBD CBD SANDY SANDY RIVERTON RIVERTON BLUFFDALE BLUFFDALE 5 MINUTES 10 MINUTES 15 MINUTES 30 MINUTES 45 MINUTES 60 MINUTES TO CBD: 44 MINUTES 35 MILES TO SLC AIRPORT: 38 MINUTES 33 MILES

16 Developed By: Hunt Companies, Inc. is a national developer, investor and manager of real assets. Founded in 1947 and headquartered in El Paso, Texas, Hunt has more than 1,200 employees across the United States. Together, Hunt and its affiliates have $24.8 billion in assets under management, including 278,408 multifamily units and 5.7 million square feet of office, retail and industrial properties. Hunt has also developed 89,000 housing units, over 1 million square feet of commercial space and thousands of acres of land. Hunt has offices throughout the United States and abroad. Salt Lake City based Woodbury Corporation is one of the oldest and most respected commercial real estate companies in the Intermountain West. Having worked with a vast number of tenants, investors, business and community leaders in its 90+ year history, Woodbury has a proven track record of delivering projects, fulfilling its obligations, and finding creative solutions to difficult problems. OFFICE LEASING INFORMATION Eric Smith First Vice President eric.smith@cbre.com Scott Wilmarth Senior Vice President scott.wilmarth@cbre.com RETAIL LEASING INFORMATION Russ Harris Vice President russ.harris@cbre.com JR Moore Vice President jr.moore@cbre.com Last updated 11/27/13