Issuu on Google+

Proposed Surfside Development 9200 Collins Ave ‐ Surfside, Florida

Presented By:


SURFISDE PROPERTY

The following reports are estimated budgets to be reviewed by the original investors only. If we are to move forward with the project, an offering must be prepared with the proper disclaimer and caveats.

Los reportes adjuntos solamente serรกn compartidos entre los socios. Como siempre ha sido posible, cada socio tiene el derecho de investigar independientemente la informaciรณn presentada. Si seguimos hacia adelante con el proyecto, una oferta serรก preparada con los avisos requeridos. Cada nuevo socio tendrรก el derecho a analizar independientemente la informaciรณn presentada.


Approved Project --- Proyecto aprobado


Approved Project --- Proyecto aprobado


The following reports are estimated budgets to be reviewed by the original investors only, if we are to move forward with the project, an offering must be prepared with the proper disclaimer and caveats.

Los reportes adjuntos solamente serรกn compartidos entre los socios. Si seguimos hacia adelante con el proyecto, una oferta serรก preparada con los avisos requeridos.


Preliminary Estimated Development Budget Presupuesto estimado de construcción March 18, 2010

Element Surfside

Total

Project Description Stories Site Area Keys Building Square Footage: Hotel Garage

139,858 GSF (adjusted by the Architect) 72,194 GSF (adjusted by the Architect)

• • • • • • •

Land and Related Costs Land Loan Payoff Legal, Administrative, Marketing, Broker Fee Pre-Opening Expense Real Estate Taxes during Construction Interest Reserve for Senior Loan Closing Costs for Senior Loan

10,000,000 3,000,000 800,000 250,000 450,000 873,600 500,000

Working Capital (183 @ $1,500/key)

274,500

Building Construction: Permits and Fees Building Construction Hotel Garage Builder’s Risk Insurance Testing and Inspection Contingency 3%

4 74,224 SF (1.70 Acres) 183

300,000 19,592,380 5,000,000 500,000 85,000 750,000 Total Building Construction

26,227,380

Low Voltage Low Voltage Design+Equipment+Installation Total Low Voltage

450,000 450,000

Kitchen + Laundry Kitchen Equipment Laundry Equipment

(In construction) 55,000 Total Kitchen/Laundry

55,000

Hotel Supplies and Systems (183 @$3,000)

549,000

Soft Costs Contingency

150,000

FF&E FF&E @ $12,000/key Procurement Safes Warehouse Storage/Installation Freight Sales Tax Interior Design Model Rooms Consultant Reimbursables FF&E Contingency (4.5%)

2,196,000 included in FF&E included in FF&E included in FF&E included in FF&E included in FF&E 150,000 25,000 75,000 100,000 Total FF&E

2,546,000

1.


Surfside, Florida Preliminary Estimated Development Budget March 18, 2010 Element Hotel

Total

Consultants Architectural Structural Engineering Mechanical-Electrical-Plumbing Civil Engineering Landscape Design Soil Consultant (Geotechnical) Pool Consultant Permit/Agency Approval Consultant Glass Consultant Hotel Operator Technical Services Hotel Operator Expenses Consultant Reimbursables Misc. Legal Fees Project Management Total Consultants

Developer’s Fee

Cost Summary:

700,000 200,000 240,000 25,000 50,000 20,000 25,000 25,000 5,000 100,000 10,000 50,000 TBD 851,200 2,301,200 1,000,000

Land Cost Land Loan Payoff Legal, Administrative,Marketing,Broker Fee, Pre-Opening Expense Real Estate Taxes during Construction Interest Reserve for Senior Loan Closing Costs for Senior Loan Working Capital Building Construction Low Voltage Kitchen+Laundry Hotel Supplies & Systems Soft Costs Contingency 5% FF+E Consultants Developer’s Fee Total Project Cost

10,000,000 3,000,000 800,000 250,000 450,000 873,600 500,000 274,500 26,227,380 450,000 55,000 549,000 150,000 2,546,000 2,301,200 1,000,000 49,426,680

Note: 1. This is a Preliminary Budget subject to change 2. Value Engineering is still to be pursued.

2.


Activity

Consultants /Consultores

Preliminary Project Development Schedule: Estimated Monthly Cash Flow

Pg. 1

Calendario preliminar estimado del desarrollo: Flujo de caja mensual

Report Date: 3-18-10

March 2010

$

April

60,000 $

May

98,000 $

June

150,000 $

July

184,225 $

Permits/Fees / Permisos y gastos

Aug

249,225 $ $

Insurance / Seguro

274,225 $

Sept

Oct

284,225 $

50,000 $

97,630

Nov

Dec

50,000 $ $

Apply

Procurements Phase/Selection Contractor

Construction / Construcción

$

Low Voltage / Bajo Voltaje

$

13,500 $

Kitchen/Laundry / Cocina y lavandería

$

5,000 $

13,500 $

50,000 $

13,500 $

100,000 $

100,000 $

$

May

50,076 $

50,076 $

50,076

$

36,562 $

36,562 $

36,562 $

36,562 $

36,562

100,000 $

500,000 $

1,000,000 $

1,500,000 $

1,797,783 $

1,797,783

13,500

Commence general construction Place Orders:

10,000 $

Ap

50,076 $

10,000

10,000 $

Mar

50,076 $

Hotel Supplies / Suministros de hotel FF&E / Muebles y equipos

Feb.

201,805

Receive Permit

Inspections / Inspecciones

Jan. 2011

10,000

$

9,000

FFE & OSE

$

82,350

Kitchen Equip

$

760,000

$

225,000

Working Capital / Capital de trabajo Pre-Opening Expenes / Gastos de apertura RE Taxes During Construction / Impuestos Developer's Fee / Honorarios del desarrollador Land Loan Payoff / Pago del préstamo Broker Commissions/Legal/Marketing / Comisiones gastos legales y mercadeo

$

114,285 $

114,285 $

114,286 $

114,286 $

114,286 $

Closing Costs for Senior Loan / Gastos de cierre del préstamo

$

3,000,000

114,286 $

114,286

$

500,000

Interest Reserve for Senior Loan / Interés de la reserva del préstamo

$

20,000 $

20,000 $

20,000 $

20,000 $

20,000

$

51,388 $

51,388 $

51,388 $

51,388 $

51,388

1,955,809 $

1,955,809

Surfside Site Plan Submission Costs: / Costos Landscape Architect / Arquitecto Paisajista

$

11,040

Civil Engineer / Ingeniero Civil

$

12,128

Exterior Lighting / Iluminación exterior

$

8,080

Surfside Application Fee and Permit Cost (from Paul Gioia Building Official) (Pagos para obtener permisos de la ciudad)

Surveyor / Agrimernsor (Topógrafo)

$

2,300

Activities Prior to building construction:site cleaing/trailers/security/logistical preparation (Actividades previas al comienzo de la construccion tales como limpieza, seguridad y logísitca)

Renderer / Diseñador técnico

$

2,500

Hotel low voltage systems design documents incorporation into construction docments (Diseño del sistema de tecnoloía electrónica de bajo voltaje)

NOTE: LAND COST NOT INCLUDED

Town of Surfside / Ciudad de Surfside

$

27,200

Kitchen consultant documents (Docuemntación de consultoría de cocina)

NOTA: COSTO DEL TERRENO NO INCLUIDO

Miami-Dade Fire Department / Departamento de $

190

TOTAL

$

123,438 $

$221,438

LEGEND / LEYENDA Preparation of Construction Drawings for Permitting (Preparación de planos de construcción para obtener permiso)

Purchasing Agent coordination with interior designer (Contratación del diseñador de interiores y cordinación con el agente de compras) 98,000 $

168,500 $

332,010 $

387,010 $

509,641 $

398,511 $

264,286 $

264,286 $

3,966,091 $

658,026 $

1,158,026 $

2,734,376 $


Preliminary Project Development Schedule: Estimated Monthly Cash Flow

Pg. 2

Calendario preliminar estimado del desarrollo: Flujo de caja mensual

June

$

July

50,076 $

$

36,562 $

$

1,797,783 $

50,076 $

Aug

50,076 $

Sept

50,076 $

Oct

50,076 $

Nov

50,076 $

Dec

Jan 2012

50,076 $

Feb

50,076 $

Mar

50,076 $

51,388 $

50,076 $

50,084 $

2,301,200

$

445 $

120 $

300,000

$

585,000

750,416 $

25,342,380

36,563 $

36,563 $

36,563 $

36,563 $

36,563 $

36,563 $

1,797,783 $

2,200,000 $

2,200,000 $

2,700,000 $

2,100,000 $

1,500,000 $

1,050,416 $

800,000 $

36,563 $

36,563

800,000 $

750,416 $

$

132,000 $

132,000 $

132,000

$

450,000

$

31,000

$

55,000

TCO 4/15/12

$

155,550 $

155,550 $

155,550

$

549,000

476,500 $

476,500 $

476,500 $

476,500

$

2,696,000

$

91,500 $

91,500 $

91,500 $

274,500

$

250,000 $

250,000

$

450,000

680,000 $

1,000,000

$

3,000,000

$

800,000

$

$

50,076 $

36,562 $

$

20,000 $

May

36,562 $

16 Months

$

Ap

20,000 $

51,388 $

20,000 $

51,388 $

20,000 $

51,388 $

20,000 $

51,388 $

20,000 $

51,388 $

20,000 $

51,388 $

20,000 $

51,388 $

20,000 $

51,389 $

225,000 20,000 $

51,389 $

20,000 $

51,389 $

$

500,000

51,389 $

873,600

$

11,040

$

12,128

$

8,080

$

2,300

$

2,500

$

27,200

Open Hotel 5/15/12

$ $

1,955,809 $

1,955,809 $

2,358,026 $

2,358,027 $

2,858,027 $

2,258,027 $

1,658,027 $

1,684,943 $

1,722,078 $

2,038,578 $

1,795,439 $

1,873,509

190 $39,490,118


Projected Profit and Loss Statement Element Hotel, Surfside, FL

4/9/2010 PROJECTED

2012 $ No. of rooms (# habitaciones) Rooms available Rooms sold Occupancy % (tenencia %) Average Rate Hotel (Precio promedio por habitaci贸n)

PROJECTED

%

183 66,795 46,757 70.0% $185

2013 $ 183 66,795 49,428 74.0% $200

%

PROJECTED

PROJECTED

2014 $

2015 $

%

183 66,795 50,764 76.0% $216

PROJECTED

%

183 66,795 50,764 76.0% $233

2016 $ 183 66,795 50,764 76.0% $252

%

Revenues: Rooms Restauraunt Food & Beverage Telecom Other Income Total Revenues

8,650 865 100 100 9,715

89.0% 8.9% 1.0% 1.0% 100.0%

9,876 951 105 110 11,042

89.4% 8.6% 1.0% 1.0% 100.0%

10,954 1,047 110 121 12,232

89.6% 8.6% 0.9% 1.0% 100.0%

11,830 1,151 116 133 13,231

89.4% 8.7% 0.9% 1.0% 100.0%

12,777 1,266 122 146 14,311

89.3% 8.8% 0.8% 1.0% 100.0%

Departmental Expenses: Rooms Restaurant Food & Beverage Telecom Other Income Total Departmental Expenses

2,076 519 100 40 2,735

24.0% 60.0% 100.0% 40.0% 28.2%

2,271 571 105 44 2,991

23.0% 60.0% 100.0% 40.0% 27.1%

2,410 628 110 48 3,197

22.0% 60.0% 100.0% 40.0% 26.1%

2,603 691 116 53 3,462

22.0% 60.0% 100.0% 40.0% 26.2%

2,811 760 122 59 3,751

22.0% 60.0% 100.0% 40.0% 26.2%

Operating Department Income

6,980

71.8%

8,051

72.9%

9,035

73.9%

9,768

73.8%

10,560

73.8%

Undistributed Operating Expenses Administrative & General Marketing Repairs & Maintenance Heat, Light & Power Franchise Fees (1) Total Undistributed Operating Expenses

729 437 389 408 729 2,691

7.5% 4.5% 4.0% 4.2% 7.5% 27.7%

806 497 442 464 828 3,037

7.3% 4.5% 4.0% 4.2% 7.5% 27.5%

856 550 489 514 917 3,327

7.0% 4.5% 4.0% 4.2% 7.5% 27.2%

926 595 529 556 992 3,599

7.0% 4.5% 4.0% 4.2% 7.5% 27.2%

1,002 644 572 601 1,073 3,893

7.0% 4.5% 4.0% 4.2% 7.5% 27.2%

Gross Operating Profit

4,289

44.1%

5,014

45.4%

5,708

46.7%

6,169

46.6%

6,668

46.6%

Fixed Expenses Management Fees (1) Insurance (2) Real Estate Tax Reserve for capital replacements Total Fixed Expenses

291 392 500 97 1,280

3.0% 4.0% 5.1% 1.0% 13.2%

331 431 600 221 1,583

3.0% 3.9% 5.4% 2.0% 14.3%

367 474 700 367 1,908

3.0% 3.9% 5.7% 3.0% 15.6%

397 522 800 397 2,115

3.0% 3.9% 6.0% 3.0% 16.0%

429 574 800 429 2,232

3.0% 4.0% 5.6% 3.0% 15.6%

Cash flow Before Debt Service and Inc Fee

3,008

31.0%

3,431

31.1%

3,800

31.1%

4,054

30.6%

4,435

31.0%

Entrada Neta anual estimada: cada $mil representa $1 mill贸n

NOTES: (1) The marketing, franchise and management fee are subject to negotiations with a to-be-chosen brand. Fees vary between brands and may be higher or lower than what is shown in this projection (2) Source: Chip Cole, USI Insurance Services of Florida, Inc.


Projected Profit and Loss Statement Element Hotel, Surfside, FL

4/9/2010

Project Costs- Costos del proyecto Land Costs Land Loan Payoff Soft Costs Pre-Opening Expense Low Voltage Kitchen+Laundry Hotel Supplies Consultants Soft Costs Contingency Hard Costs Building Construction Developers Fee FF&E Working Capital Real Estate Taxes during Construction Interest Reserve for Senior Loan Closing Costs for Senior Loan Broker Commissions/Legal/Marketing Total Construction Initial Financing- Financiaminento original Senior Loan- Primera hipoteca Original Investors- Inversionistas originales New Equity Investors- Nuevo capital EB5 Investors- Inversionistas programa EB5 Total Rate Intereses Term Término Debt Service on Senior Loan- Pagos mensuales

$ $ $ $

$ $ $ $ $ $ $ 39.3% 20.2% 20.2% 20.2% 100.0%

$ $ $ $

10,000,000 3,000,000

Per Room 54,645 16,393

250,000 450,000 55,000 549,000 2,301,200 150,000

1,366 2,459 301 3,000 12,575 820

26,227,380 1,000,000 2,546,000 274,500 450,000 873,600 500,000 800,000 49,426,680

143,319 5,464 13,913 1,500 2,459 4,774 2,732 4,372 270,091

19,426,680 10,000,000 10,000,000 10,000,000 $49,426,680 7.0% 25 1,647,645

Refinancing in Stabilized Year- Refinanciamiento al tercer año NOI Stabilized Year- Entrada estabilizada Retorno de las operaciones Cap Rate Value in Stabilized Year- Valor basado en ingresos Loan-to-Value porcentage de hipoteca basada en ingresos Loan Amount Monto de la hipoteca Rate Intereses Term Términos Pago mensual Debt Service Refinanced Senior Loan 2010

Initial Financing- Financiamiento original Equity - Original Investors- Aporte de los socios originales Equity - New Equity Investors- aporte de nuevos socios Equity - Investment Visa Investors- Aporte de nuevos socios (Programa EB5) Cash Flow before Debt Service and Incentive Mgmt Fee- Ingresos antes de pago de deuda y bono a Initial Debt Service- pago de hipoteca original Refinanced Debt Service- Pagos de hipoteca despues de refinanciar Refinancing at Stabilized Year, Refinancfiamiento al tercer año al estabilizarse la operación del hotel Payoff Initial Senior Loan- Liquidación de hipoteca principal del proyecto Cash from Refinancing- Fondos recibidos de la refinanciación Sale in 5th Year- Venta al quinto año Sale (1) Precio de venta Term Cap 7.0% Loan Balance at end of 5th Year- saldo de la hipoteca al quinto año Cash Inflows/Outflows- Ingresos y egresos de fondos Cash-on-Cash Return (Before Inc Mgmt Fee) Retorno de dólar por dólar invertido NPV IRR - retorno calculando el tiempo del capital invertido

(10,000) (10,000) (10,000)

2011

2012

$ $

2013

3,800,266 7.0% 54,289,512 70.0% 38,002,658 6.0% 25 2,938,220 2014

2015

2016

0 3,008 (1,648)

3,431 (1,648)

3,800 (1,648)

4,054

4,435

(2,938)

(2,938)

1,116

60,193 (36,608) 25,082

(18,811) 38,003

(30,000)

0

1,361 4.5%

11.4%

1,783 5.9%

21,344 71.1%

3.7%

83.6%


Projected Profit and Loss Statement Element Hotel, Surfside, FL

4/9/2010

SUMMARY ON ESTIMATED PROJECTIONS -RESUMEN BASADO EN PROYECCIONES ESTIMADAS

Total Projected Cash-on-Cash Return- Retorno de dólar por dólar

Projected ReturnDifference Diferencia (retorno Retorno proyectado) Projected Return proyectado

Investment

Original Investor Cash on Cash Return New Equity Cash on Cash Return Investment Visa Investor Cash on Cash Return Brand Total

(10,000,000) (10,000,000) (10,000,000) ($30,000,000)

Summary by Year- Resumen por año (cada mil es un millón en esta tabla)

New Equity Investor- Nuevo socio Equity Investment- Inversión Preferred Return- Retorno preferido Additional Return- Retorno adicional Promote-Entrada adicional Total Cash Flow- Total de flujo de fondos Cash-on-Cash Return IRR- Retorno anualizado Investment Investor- EB5- inversionista para residencia -Programa EB5 Equity Investment- Inversión Preferred Return- Retorno preferido Additional Return- Retorno adicional Promote-Entrada adicional Total Cash Flow- Total de flujo de fondos Cash-on-Cash Return IRR- Retorno anualizado

$6,806,326 $6,806,326 $6,806,326

68.1% 68.1% 68.1%

$20,686,832

2010

2011

2012 1,361 0 1,361

2013 1,783 0 1,783

2014 2,153 19,192 21,344

2015 1,116 0 1,116

2010 (10,000)

2011

2012

2013

2014

2015

2016

-

-

17 0 17 0.2%

137 0 137 1.4%

1,300 650 57 5,964 7,971 79.7%

262 93 0 355 3.6%

262 201 7,862 8,325 83.3%

TOTAL (10,000) 1,300 1,175 506 13,826 6,806 68.1%

262 201 7,862 8,325 83.3%

TOTAL (10,000) 2,475 506 13,826 6,806 68.1%

262 93 0 355 3.6%

262 201 7,862 8,325 83.3%

TOTAL (10,000) 2,475 506 13,826 6,806 68.1%

49

107

Cash Flow Available from Operations- Flujo de la operación del hotel Cash Flow Available from Refi and Sale- Entradas de refinanciamiento y venta Total Distributable Cash Flow- Total de fondos para distribuir

Original Investor- Socio original Equity Investment- Inversión Deferred Return (Deferred until refi in 3rd year)Retorno diferido hasta el Preferred Return- Retorno preferido Additional Return- Retorno adicional Promote-Entrada adicional Total Cash Flow- Total de flujo de fondos Cash-on-Cash Return IRR- Retorno anualizado

$16,806,326 $16,806,326 $16,806,326 $267,854 $50,686,832

6.5% 6.5% 33.3% 33.3% (10,000)

-

2016 TOTAL 1,497 7,910 23,585 42,777 25,082 50,687

11.1%

(10,000) 6.5% 33.3% 33.3% (10,000)

-

650 17 0 667 6.7%

650 137 0 787 7.9%

650 57 5,964 6,671 66.7%

262 93 0 355 3.6%

11.4%

(10,000) 6.5% 33.3% 33.3% (10,000)

-

650 17 0 667 6.7%

650 137 0 787 7.9%

650 57 5,964 6,671 66.7%

11.4%

Brand Incentive Fee- Incentivo para compañía hotelera 15.0% Note: (1) Assumes term cap rate as shown and 5% sales commission Se asuma una comisión del 5% a la venta del hotel para la immobiliaria que venda la propiedad

9

73

30

268


Resumen para nuevos inversionistas Estimado total de Ingresos Retorno de Inversión

$50,686,996 $30,000,000

Total de Ganancia proyectada para todos los socios

$20,686,996

Ganancia proyectada para socio por cantidad de inversión: Cantidad de porcentage de inversion inversión total $ 1,000,000 3.33% $ 500,000 1.67% $ 250,000 0.83% $ 100,000 0.33% Por Año

Rendimiento proyectado retorno estimado $ 689,567 69% $ 344,783 69% $ 172,392 69% $ 68,957 69%

Inversión $1,000,000

Retorno Preferencial Retorno de operación del hotel Del refinanciamiento De la venta Total Inversion

$ $ $ $ $

Primer Año 65,000 1,728 66,728

$ $ $ $ $

Segundo Año 65,000 13,685 78,685

Tercer Ano $ 65,000 $ 5,752 $ 596,400 $ $ 667,152

Cuarto Año $ 26,234 $ 9,321 $ $ $ 35,555

Quinto Año $ 26,234 $ 20,116 $ $ 786,167 $ 832,517

Ganancia Proyectada Por Año

Total $ 247,468.00 $ 50,602.20 $ 596,399.90 $ 786,166.60 $ 1,680,636.70 $ 1,000,000.00 $

Inversión $500,000

Retorno Preferencial Retorno de operación del hotel Del refinanciamiento De la venta Total Inversion Ganancia Proyectada Inversión $ 250,000 Retorno Preferencial Retorno de operación del hotel Del refinanciamiento De la venta Total Inversion Ganancia Proyectada

$ $ $ $ $

Primer Año 32,500 864 33,364

$ $ $ $ $

Segundo Año 32,500 6,843 39,343

Tercer Ano $ 32,500 $ 2,876 $ 298,200 $ $ 333,576

Cuarto Año $ 13,117 $ 4,661 $ $ $ 17,778

Quinto Año $ 13,117 $ 10,058 $ $ 393,083 $ 416,258

680,636.70

$

Total 123,734.00 25,301.10 298,199.95 393,083.30 840,318.35 $500,000 340,318.35

$ $ $ $ $ $ $

Total 61,867 12,651 149,100 196,542 420,159 250,000 170,159

$ $ $ $ $ $ $

Total 24,746.80 5,060.22 59,639.99 786,166.60 168,063.67 100,000.00 68,063.67

$ $ $ $ $

Por Año

Por Año

$ $ $ $ $

Primer Año 16,250 432 16,682

$ $ $ $ $

Primer Año 6,500.00 172.83 6,672.83

Inversión 100,000

$ Retorno Preferencial Retorno de operación del hotel Del refinanciamiento De la venta Total Inversion Ganancia Proyectada

$ $ $ $ $

Segundo Año 16,250 3,421 19,671

Tercer Ano $ 16,250 $ 1,438 $ 149,100 $ 5 $ 166,788

Cuarto Año $ 6,559 $ 2,330 $ $ $ 8,889

Quinto Año $ 6,559 $ 5,029 $ $ 196,542 $ 208,129

$ $ $ $ $

Segundo Año 6,500.00 1,368.50 7,868.50

$ $ $ $ $

Tercer Ano 6,500.00 575.17 59,639.99 66,715.16

Cuarto Año $ 2,623.40 $ 932.11 $ $ $ 3,555.51

Quinto Año $ 2,623.40 $ 2,011.61 $ $ 786,166.60 $ 83,251.67


AREA SUMMARY PUBLIC SPACES Food and Beverage Recreation

Subtotal

Meeting Space

FUNCTION SPACE

Subtotal

Other Public

Ground Floor

30,336

52,543

51,641

49,967

27,565

30,336

52,543

51,641

49,967

27,565

3.0

GSF/Per Key

21.8

133.5

0.3%

6.7

158.3

11.5%

% of GSF

1.9%

24,436

541

Subtotal Gross Area/Use

0.6%

13.7%

6.7

3,989

0.6%

1,230 1,230

28,966

4.0%

3.1%

548.9

50.3

35.8

6,550 9,211

47.4%

100,451

139,858

764 gsf/key

5

28

61

49

40

5

28

61

49

40

Bays

3.9%

15.6%

34.1%

21.8%

24.6%

Percent Of GSF

3,125

12,460

27,145

17,346

19,600

Total GSF

30'-1"x20'-9"

19'-6"x22'-10"

19'-6"x22'-10"

BUILDING SUMMARY

451

* 22,402 of pool deck included

100,451

5.3

5.1

4.1

BACK OF HOUSE

Floor 1

0.5%

0.4%

0.4%

Subtotal

Floor 2

970

941

750

Other BOH

Housekeeping

Food Service

1.1 201

Front Office / Administration

GUEST FLOORS Guestrooms & Floors Subtotal

Parking Spaces per key Total Spaces required

TOTAL HOTEL AREA

Floor 3

CALCULATED GROSS BUILDING AREA

Floor 4 212,052 GSF

320

9,211

TOTAL GROSS SF

1,230

TOTAL GROSS SF

28,966

TOTAL GROSS SF

435 gsf/key Does not include support or public space

15'-6"x22'-10"

21'-6"x22'-10"

402

Room Dimensions Gross SF

402

Keys

566

Net SF

490

Gross SF

354

Room type

445

GUESTROOMS

445

541

Subtotal Gross SF

79,676

625 100%

One Bedroom

Total Net SF

183

Standard King

483

24,436

941

750

Subtotal Gross SF

1,230

Subtotal Gross SF

24,085

Total Net SF

1,126 Total Net SF

970

Net SF

862

585

7,006

139,858

100,451 139,858

TOTAL GROSS SF

BUILDING SUMMARY

19,491

Subtotal Gross SF

18,085

GSF GSF

80,960

72,194

Subtotal Gross SF

212,052

72,194

TOTAL GROSS SF

PARKING GARAGE

74,168

21,678 24,114 26,402

92,253 128,179

Total Net SF

6,550

1.654

NSF NSF

4,931

628

1,126

Net SF

3,989 27,794

Total Net SF

3,226

Net SF

183

Studio King

628

2,141

Studio Double Queen

864 174 88

Net SF

879 252 204 107 192 1,386 141 65

22,200 397 144 1,344

483

Net SF

Conference Suite

Breakfast Area

Food and Beverage

PUBLIC SPACES

Recreation Pool - Outdoor Pool Pool Toilet Snack/Bar Fitness Center Other Public Lobby Iincluding Circulation Men Women Entry Pantry Lounge Guest Laundry Guest Storage

FUNCTION SPACE Meeting Space Meeting Room Pre-Function Lounge Meeting Room Storage

BACK OF HOUSE

585

Net SF

Office Space

862

Front Office / Administration

Food Service Pantry/Prep

3,438 164 396 896 13,191

Net SF

456 44 542 206 206 308 213 165 255 359 203 588 1,324 62

Housekeeping Laundry/Housekeeping Other BOH Employee Break Toilets Transformer Vault Switch Gear Room Emergency Generator Boiler Fire Pumps Domestic Pumps Engineer Room Trash Room MATV Service Corridor/Circulation Elevator Core Elevator Machine Room

GUEST FLOORS Basement and First Floor (parking included) Guest Corridor Housekeeping Data/Telecommunications Stairs Net Guest Room Area Second thru Fourth Floors (parking included) Guest Corridor 12,281 Housekeeping 663 Data/Telecommunications 461 Stairs 1,626 Net Guest Room Area 59,137

Total Guestroom Floors Total Building Footprint

GROSS FACTOR

GRAND TOTAL GROSS BUILDING AREA - HOTEL

PARKING Ground Level Level 1 Level 2

GRAND TOTAL GROSS BUILDING AREA - HOTEL & PARKING GARAGE


architecture international

revuelta

Miami Atlanta New York Santiago, Chile

revuelta-architecture.com

T. 305.590.5000 F. 305.590.5040

2950 SW 27 TH AVE. No.110 MIAMI,FL 33133

DESIGN BY

SURFSIDE, FLORIDA

PROJECT

AR-0007972

Luis O. Revuelta

9200 Collins Avenue, Surfside, Florida 33154

0803

Project No.

Scale As Shown

Check by HM

Drawing HM

12.15.09

Date

CONSULTANTS

Permit Revisions

SITE PLAN SET

TRANSACTA LANAI DEVELOPERS LTD.

OWNER INFORMATION

PROPOSED SURFSIDE HOTEL


architecture international

revuelta

Miami Atlanta New York Santiago, Chile

revuelta-architecture.com

T. 305.590.5000 F. 305.590.5040

2950 SW 27 TH AVE. No.110 MIAMI,FL 33133

DESIGN BY

SURFSIDE, FLORIDA

PROJECT

AR-0007972

Luis O. Revuelta

9200 Collins Avenue, Surfside, Florida 33154

0803

Project No.

Scale As Shown

Check by HM

Drawing HM

12.15.09

Date

CONSULTANTS

Permit Revisions

SITE PLAN SET

TRANSACTA LANAI DEVELOPERS LTD.

OWNER INFORMATION

PROPOSED SURFSIDE HOTEL


architecture international

revuelta

Miami Atlanta New York Santiago, Chile

revuelta-architecture.com

T. 305.590.5000 F. 305.590.5040

2950 SW 27 TH AVE. No.110 MIAMI,FL 33133

DESIGN BY

SURFSIDE, FLORIDA

PROJECT

AR-0007972

Luis O. Revuelta

9200 Collins Avenue, Surfside, Florida 33154

0803

Project No.

Scale As Shown

Check by HM

Drawing HM

12.15.09

Date

CONSULTANTS

Permit Revisions

SITE PLAN SET

TRANSACTA LANAI DEVELOPERS LTD.

OWNER INFORMATION

PROPOSED SURFSIDE HOTEL


architecture international

revuelta

Miami Atlanta New York Santiago, Chile

revuelta-architecture.com

T. 305.590.5000 F. 305.590.5040

2950 SW 27 TH AVE. No.110 MIAMI,FL 33133

DESIGN BY

SURFSIDE, FLORIDA

PROJECT

AR-0007972

Luis O. Revuelta

9200 Collins Avenue, Surfside, Florida 33154

0803

Project No.

Scale As Shown

Check by HM

Drawing HM

12.15.09

Date

CONSULTANTS

Permit Revisions

SITE PLAN SET

TRANSACTA LANAI DEVELOPERS LTD.

OWNER INFORMATION

PROPOSED SURFSIDE HOTEL


architecture international

revuelta

Miami Atlanta New York Santiago, Chile

revuelta-architecture.com

T. 305.590.5000 F. 305.590.5040

2950 SW 27 TH AVE. No.110 MIAMI,FL 33133

DESIGN BY

SURFSIDE, FLORIDA

PROJECT

AR-0007972

Luis O. Revuelta

9200 Collins Avenue, Surfside, Florida 33154

0803

Project No.

Scale As Shown

Check by HM

Drawing HM

12.15.09

Date

CONSULTANTS

Permit Revisions

SITE PLAN SET

TRANSACTA LANAI DEVELOPERS LTD.

OWNER INFORMATION

PROPOSED SURFSIDE HOTEL



Surfside