ULEC Center for Community

Fairmount Heights Community Meeting 1 Listening Session

Sustainability Guides

Economic Drivers

Health + Fitness, Arts

Safety Guidelines, Revenue Ideas

Fairmount Heights Research Grocery and Pharmacies

Large Pharmacy Retailer Large Grocery Retailer

Nor

Western Beef Market

th W ard

CVS Rite Aid

Food Depot iver Passaic R

Rite Aid

Whole Foods Market

West Ward

C-Town Super Market

Shoprite of Newark

South

Ward

Save-a-Lot Save-a-lot Key Foods rd SuperMarket C-Town Wa st

Ea 1000’

0’

2000’

4000’

N

Fairmount Heights Community Center Goals

A Safe Environment

Welcoming to All

• Handicap ramps

Utlizes Resources

• Accessible to all • Allow for integration and interaction of all ages • Family oriented programming • Activities and opportunities for teens and kids

• Good outdoor lighting • Entrance from smaller side streets • Safe entrance for kids

Self Sufficient • Income generating

programs support community programs • Local businesses supported by the Center • Generate energy on Site, ie Solar Capture

• Use Retention Pond as asset • Create flexible spaces • Prioritize Program space over Parking

Economic Support • Entrepreneurship support • Connect with the city and union for apprenticeships • Mentorships

Fairmount Heights Community Center Program

Health

Food

Creative Arts

Business Support

Mini Clinic

Commercial Kitchen

Art / Fashion Studio

Office / Workspace

Office for Nurse Practitioner Mental Health and Addiction Support Center

Meditative Quiet Space Green Wall Filter air for asthma issues

Rainwater irrigation Bioswale

Community Meals Kitchen Incubator Healthy Eating

Food Trucks Pop-up Space Farmers Market Space Roof Gardens

Art Classes Rented out for income

Media Center / Computer Lab Photography classes Social Media Classes Podcast Classes

Music Studio Music Classes Rented out for income

Incubator for Entrepreneurs Tech based businesses (Computer repair, coding) Life Coach Counselors for Kids

Conference Rooms Rented out for income

Space for Local Businesses Full Service Restaurant Store/ Local Businesses Virtual Community Portal - Directory of Neighborhood Services

Recreation

Gathering Space

Education

Economic Drivers

Workout Space

Outdoor Amphitheater

Classrooms

Rent out Space

Classes Aerobic Equipment

Basketball Court Basketball League

Pool Water Aerobics

Concerts Dance Recitals

Indoor Gathering space Intergenerational Mentorship

Parenting class Local Handymen Training Creative Writing + Arts Entrepreneurship STEM programs prep hosted by PSE&G Coding Classes Tutoring for kids + Teens Etiquette Classes Classes Taught by students from Colleges and Technical School

Library Books Story Time

Art / Fashion Studio Music Studio Office/ work space Conference Rooms Basketball Court for League Games

Generate Energy on Site Solar Water Capture

Design Principles

1. Consolidate Ownership Around Land

CENTRAL AVENUE

CENTRAL AVENUE S

S

W

W

MA

RK

ET

MA

RK

ST

ET

ST

RETENTION POND

171

171

Lot 10

LITTLETON AVE

RETENTION POND

LITTLETON AVE

S 7TH ST

S 7TH ST

Lot 100

166

PSE&G SWITCHING STATION

166

PSE&G SWITCHING STATION

Design Principles

2. Activate Art Wall Area

Design Principles

3. Harness Land Form

Water Square Benthemplein, Rotterdam NL

Design Principles

4. Extend Pedestrian-Friendly Edge with Active Use

5. Create a Central Space

S

171

EASEMENT

S

PSE&G SWITCHING STATION

166

Design Principles

Design Principles

6. Provide Dispersed, Convenient Parking and Internalised Pedestrian Network

Design Principles

7. Community Center Building with Safe Entrances from Side Streets

Design Principles

8. Extend Community Center Program into Central Space

Design Principles

9. Right Size the Development

Proposed Site Density Fairmount Center 481-484 Central Ave

LOT AREA: FAR: FLOOR AREA:

164,000 sf 0.45 73,800 sf

Successful Local Developments

Shopping Center 204-234 Springfield Ave

LOT AREA: FLOOR AREA: FAR:

507,924 sf 214,416 sf 0.422

Mini Mall

370 W Market Ave LOT AREA: FLOOR AREA: FAR:

40,000 sf 13,000 sf 0.32

Design Principles

10. Ensure Ongoing Viability of the Community Center

4 Million for Community Center Development

Acquire Land

Construction Cost of Community Center

ENDOWED PROGRAM

1

Build Community Center

Entitle Land for Commercial Development

2

REVENUE GENERATING PROGRAM Community Center Yearly Operating Cost

5% x

Endowment

Sell Land

Design Principles

10. Ensure Ongoing Viability of the Community Center

From the PSE&G Settlement $4 Million and 3 Acres

ENDOWED PROGRAM REVENUE GENERATING PROGRAM

With this you can achieve TODAY Programmable Area

75,000 sf

Covered Space

7,000 sf

Indoor Space

6,100 sf

Outdoor Space

61,900 sf

Parking Spaces

97

Fairmount Heights Community Center Budget Driven ENDOWED

Community Center Budget

Driven Working with Budget $4million ENDOWED

Program Driven Working within $4 Million ENDOWED

Total built SF 6,096.00

Total built SF

Working within $4 Million

Total built SF

Program Driven ENDOWED

Working within $10 Million

$

Hard construction cost per SF Hard construction $ cost per SF 180.00

Hard costs

$

Hard costs 1,097,280.00

Hard costs

Soft costs per SF

$

Soft costs per SF 40.00

Soft costs per SF $

Soft costs

$

Soft costs 243,840.00

Soft costs

Total construction cost

$

Total construction 1,341,120.00cost

Funds from the City

$

Funds for Site work

Working within $10 Million

Total built14,431.00 SF

6,096.00

Hard construction cost per SF

Working with $10million 14,431.00

180.00

$

Hard construction 180.00cost per SF

$

180.00

1,097,280.00

$

Hard costs 2,597,580.00

$

2,597,580.00

40.00

$

Soft costs per40.00 SF

$

40.00

243,840.00

$

Soft costs 577,240.00

$

577,240.00

Total construction cost 1,341,120.00 $

$

Total 3,174,820.00 construction cost

$

3,174,820.00

Funds 4,000,000.00 from the City

Funds from the$City + Donations 4,000,000.00

$

Funds from the City + Donations 10,000,000.00

$

10,000,000.00

$

Funds for500,000.00 Site work

For Site work $

500,000.00

$

For Site500,000.00 work

$

500,000.00

Extra Funds fom 4 Million

$

Extra Funds fom 4 Million 2,158,880.00

Extra Funds fom $ 4 Million 2,158,880.00

$

Extra 6,325,180.00 Funds fom 4 Million

$

6,325,180.00

Operating Cost per SF

$

Operating Cost25.00 per SF

Operating Cost$per SF

25.00

$

Operating Cost per SF 25.00

$

25.00

Total Operating Cost

$

Total Operating Cost 152,400.00

Total Operating$ Cost

152,400.00

$

Total Operating Cost 360,775.00

$

360,775.00

$

$

REVENUE GENERATING

REVENUE GENERATING REVENUE GENERATING

REVENUE GENERATING

Total built SF

Total built42,000.00 SF

Total built42,000.00 SF

Total built SF

42,000.00

42,000.00

Retail Lease Price per Year Per SF

$

Retail Lease Price SF Lease Price $ per Year Per SF 17.00 17.00per Year PerRetail

$

Retail Lease 17.00 Price per Year Per SF

$

17.00

Gross Annual Rent

$

Gross Annual Rent 714,000.00

714,000.00

$

Gross Annual Rent 714,000.00

$

714,000.00

Operating costs, including vacancy

$

Operating 249,900.00 costs, including vacancy Operating costs, $ including vacancy 249,900.00

$

Operating 249,900.00 costs, including vacancy

$

249,900.00

Annual NOI

$

Annual NOI 464,100.00

Annual NOI

464,100.00

$

Annual464,100.00 NOI

$

464,100.00

Divide by Cap Rate

$

Divide 6,630,000.00

by Cap Rate

$ Divide by Cap Rate

6,630,000.00

$

Divide6,630,000.00

by Cap Rate

$

6,630,000.00

Construction Cost / SF

$

Construction 120.00 Cost / SF

$ / SF Construction Cost

120.00

$

Construction120.00 Cost / SF

$

120.00

Construction Cost

$

Construction 5,040,000.00 Cost

Construction Cost $

5,040,000.00

$

Construction 5,040,000.00 Cost

$

5,040,000.00

Land Sale Price

$

Land Sale 1,590,000.00 Price

Land Sale Price $

1,590,000.00

$

Land 1,590,000.00 Sale Price

$

1,590,000.00

Land Acquisition Cost (700,000.00)

Land Acquisition Cost

Land Acquisition Cost

Gross Annual Rent $ $

Land Acquisition Cost (700,000.00)

(700,000.00)

(700,000.00)

Net Sale Revenue to ULEC

$

Net Sale890,000.00 Revenue to ULEC

Net Sale Revenue $ to ULEC 890,000.00

$

Net Sale 890,000.00 Revenue to ULEC

$

890,000.00

Net Sale Revenue to ULEC

$

Net Sale890,000.00 Revenue to ULEC

Net Sale Revenue $ to ULEC 890,000.00

$

Net Sale 890,000.00 Revenue to ULEC

$

890,000.00

Extra Funds from 4 Million Budget

$

Extra Funds 2,158,000.00 from 4 Million Budget Extra Funds from $ 4 Million 2,158,000.00 Budget

$

Extra 6,325,180.00 Funds from 4 Million Budget

$

6,325,180.00

Total Funds for Endowment 5% Revenue from Endowment (to pay for Commuity Center Operating Costs

$

$

Total 7,215,180.00 Funds for Endowment

$

7,215,180.00

$

Total Funds 3,048,000.00 for Endowment Total Funds for$ Endowment 3,048,000.00 5% Revenue from Endowment (to pay for Commuity 152,400.00 Center Operating Costs 5% Revenue from $ Endowment 152,400.00

$

5% Revenue 360,759.00 from Endowment

$

360,759.00

Operating Cost / sf / year

$

Operating Cost25.00 / sf / year

25.00

$

Operating Cost 25.00 / sf / year

$

25.00

Square Footage of Community Center

$

Square Footage 6,096.00 of Community Center Square Footage $ of Community 6,096.00 Center

$

Square Footage 14,430.36 of Community Center

$

14,430.36

6,096 sf

Operating Cost$/ sf / year

14,430 sf

Community Center Precedent

TREC - Training Recreation Education Center

Fairmount Heights Community Center Active Edge and Central Space

Central Ave

We st

Ma

rke

t S t.

S 7th St

Littleton Ave

RETENTION POND

166

PSE&G SWITCHING STATION

Fairmount Heights Community Center Buildings Layout to Create Active Edge and Central Space

Central Ave

We st

Ma

rke

t S t.

S 7th St

Littleton Ave

RETENTION POND

166

PSE&G SWITCHING STATION

Fairmount Heights Community Center Safe Entrances from the Side Streets

Central Ave

S 7th St

RETENTION POND

Ma

rke

t S t.

Littleton Ave

We st

Fairmount Heights Community Center Side Entrances and Circulation in the Site

Central Ave

S 7th St

RETENTION POND

Ma

rke

t S t.

Littleton Ave

We st

Fairmount Heights Community Center Distributed Parking

Central Ave

S 7th St

RETENTION POND

Ma

rke

t S t.

Littleton Ave

We st

Fairmount Heights Community Center Utilize Retention Basin as Asset

Central Ave

We st

Ma

rke

t S t.

S 7th St

Amphitheater Basketball Court Playground Climbing Wall

Climbing wall

Littleton Ave

Playground

Fairmount Heights Community Center Revenue Generating Program vs Endowed Program

Central Ave

Revenue Generating Program

We st

Ma

rke

t S t.

S 7th St

Endowed Program Climbing wall

Littleton Ave

Playground

Fairmount Heights Community Center Working with $4 million as starting funds

Fairmount Heights Community Center Working with $10 million as starting funds

Community Center Precedent

TREC - Training Recreation Education Center

COVERED SPACE

1,000 sf

COST

$11 Million

INDOOR SPACE

24,000 sf

CONSTRUCTION COST

$511/ sf

$10/mo. Fitness Membership

OUTDOOR SPACE

4,000 sf

OPERATING COST

?

Rentals

INCOME SOURCES

$10 Registration Fee

But we can't do it without you!

A community center is coming to Fairmount Heights!

Please join your fellow residents to discuss a community center that will be in Fairmount Heights.

Four important meetings will take place. Join us each week to let us know what you would like to see in a community center!

1/31/19 - 6pm-8pm REFAL Headquarters 271 South 9th Street Newark, NJ 07103

For more information follow us on Facebook @UrbanLeagueEC or contact Darin Sharif: 973-624-9535 x 204