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GREEN ROOF G #Food Poverty Problem Solver

GREEN ROOF OOF OO #Vegetable Producer #Community Service

-Maintained by resaurant workers

-Grows fresh, local, high quality vegetables and fruits -Maintained by food service workers

F

OO NR

E

GRE

Donation VERTICAL F ARM

VERTICAL FARM ARM #Energy Saver #Beautiful Facade d -Grows in double skin facade -Shading and cooling in summer

A1

VE VERTICAL FARM

GRE

A2

EN

ROO

F

B2

A1

A2

TIAL RESIDENTIAL -Condos and Rentals

A1

V

B1 Quality Living

B2

FARM ERTICAL

Healthy Eating

A2

SISTER BUILDINGS

Does Social Good

CU CULINARY SCHOOL C U -Teaches local skills

B2

B2

B1 KET FRESH PRODUCE MARKET #Organic Vegetable #Feeds Locals alss

B1

B2

CUL IN SCH ARY OO L

B1 Tax Break Creative recipes AR JUICE BAR ders #Breakfast #Fresh Juice #Body Builders

T

RAN U A EST

B2

GAR

N RDE

DEN

GA

R

RES TAU RA

NT

STORE

ITY CNTR

COMMUN

NT

R

AGE R O ST

STO

FRESH PRODUCE GROCERY STORE FR -Accepts SNAP -Solves Food Poverty

RAG

FRESH E STORE PRODUC

E

AGE MINI STORAGE #Owned #Rented d -For residents above

“Power Sisters” provides the market a pair of 2 sister buildings which stimulates urban activities in each community.

CO COMMUNITY C O CENTER -Recreational space for locals

B2

RES TAU RA

T

RAN U A EST

RESTAURANT + BAR ocall #Reasonable Price #Healthy #Supports Local

-Government Subsidizes

B1

Feeds the Poor

RE RESIDENTIAL

B2

Education + Careers

Power Sisters

Objective: The intent of “Power Sisters” is to fight food poverty and to promote healthy eating while being financially sustainable in development and maintenance, in additional to providing quality living units to the communities.

RESTAURANT RE -Accepts SNAP -From culinary school

MINI STORAGE M

Top of Greenhouse 59' - 0"

1

2

3

4

5

6

7

8

Roof 92' - 0"

Level 8 81' - 0"

On Site Assembly Linear Gravitational Part by Part

Level 7 70' - 0"

Top of Greenhouse 59' - 0"

Level 6 59' - 0"

1

2

3

subassemblies

modules

completion

Level 6 59' - 0"

Module Prefab and Subassembly Level 5 48' - 0"

Level 5 48' - 0"

Traditional vs Module Fabrication Tiers Level 4 37' - 0"

Level 4 37' - 0"

Level 3 26' - 0"

Level 3 26' - 0"

Level 2 15' - 0"

Level 2 15' - 0"

Level 1.5 8' - 0"

Level 1.5 8' - 0"

Level 1 -1' - 0"

Level 1 -1' - 0"

Cellar -12' - 0"

Cellar -12' - 0"

01

Section Building A 1/8” = 1’0”

Programs: Both buildings were built with the same prefab components, each featuring a vertical garden on its southern façade, a roof garden, and a restaurant on the ground floor. Cultural exchange: There is a cultural exchange between the two neighborhoods: while Big Sister offers financial assistance to Little Sister, Little Sister gives in return new recipes and graduated cooks to Big Sister and the workforce; raising awareness and understanding economic and cultural diversity across communities.


START

Development Costs

month

Hard Costs

+ 7362k 0

‡ Land ‡ Construction cost ‡ Fit out

+

Product Design

Loan from bank

Soft Costs

- 630k

Site Procurement

‡ Interest on construction financing/ debt ‡ Real estate taxes, etc.

Total Cost of development

k +

Soft Cost

k

22

5%

st

re

te

In

7-12

- 6300k

38

e

ag

‡ Typically developers will capitalize all expenses up until either a C of O is issued, or (if a rental investment) when the building reaches a ‘stabilized occupancy’ rate.

tg

or

M

‡ (which for tax purpose will be referred to as the ‘ tax basis’)

62

73

=

6

Financial/ capitalized expenses

- 432k

3

‡ Professional fees ‡ Surveys, filing fees, etc.

+

Phasing strategy: “Power Sisters” provides a pair of sister buildings in which the “Big Sister” get constructed in phase I, providing market rated condominiums at a wealthier neighborhood. “Little Sister” gets constructed in phase II at a poor neighborhood with fresh and healthy food scarcity problems. It requires less land and construction cost while providing affordable housing and a culinary school.

Construction Cost

BuyandHoldCashflowProjections

LoanAmount InterestRate TermLenghthofLoan(InMonths) MonthlyMortgagePayment

Actuals $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

$5,836,875.00 5.00% 360

$0.00 0.00% 360

$4,261,875.00 5.00% 360

$0.00 0.00% 360

$31,333.61

$0.00

$22,878.67

ApartmentUnits: NumberofUnits AverageRentperUnit TotalGrossMonthlyIncome(rent)

12 402075 $4,824,900.00

0 $0.00 $0.00

6 5270.428571 $31,622.57

0 $0.00 $0.00

MonthlyNetProfit

$52,025.23

$0.00

$7,513.24

$0.00

MonthlyIncomeandExpenseSummary: TotalMonthlyOperatingExpenses(NotwithMortgage) TotalMonthlyExpenses(WithMortgage) OtherMonthlyIncome(Parking) TotalMonthlyRentIncome MonthlyProfit:

$1,230.67 $32,564.27 $0.00 $4,824,900.00 $52,025.23

$0.00 $0.00 $0.00 $0.00 $0.00

$1,230.67 $24,109.33 $0.00 $31,622.57 $7,513.24

$0.00 $0.00 $0.00 $0.00 $0.00

$14,768.00 $390,771.29 $57,898,800.00 ($1,206,225.00) $604,782.06

$0.00 $0.00 $0.00 $0.00 $0.00

$14,768.00 $289,312.00 $379,470.86 ($15,811.29) $74,347.57

$0.00 $0.00 $0.00 $0.00 $0.00

8%

0.00%

1.31%

0.00%

Do - 250k

Site Procurement

- 3570k Construction Cost

Little Sister Building Construction completes

38

$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

28-33

$22,878.67 $104.17 $400.00 $125.00 $70.83 $50.00 $291.67 $117.50 $71.50 $24,109.33

+3822k

25

$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

CapRate/ProfitMargin(FormultiFamilyHouse)

Buyers move in Condominiums

Construction completes

$0.00

$31,333.61 $104.17 $400.00 $125.00 $70.83 $50.00 $291.67 $117.50 $71.50 $32,564.27

AnnualIncome&Expense TotalAnnualExpenses(W/OMortgage) TotalAnnualExpenses(WithMortgage) AnnualRentalandParking VacancyRate(1Unit/3Months) NetOperatingIncome

Big Sister Building

n

$0.00 $0.00

tio

$5,682,500.00 ($1,420,625.00)

$0.00

k

$0.00 $0.00

33%

na

$7,782,500.00 ($1,945,625.00)

Sell Units

22

MonthlyCosts TotalMonthlyMortgagePayment MonthlyInsurance MonthlyProperty&SchoolTaxes Repairs&Maint PestControl HallwayElectrical WaterSupply/Sewer Sanitation/Garbage OtherMonthlyExpenses(Sanitation) TotalMonthlyexpenses:

$0.00

Projected $5,682,500.00 $7,500.00 $650.00 $0.00 $700.00 $875.00 $0.00 $5,692,225.00

22

BankLoan PurchasePrice DownPayment(25%ofPurchaseprice)

Actuals $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

67%

38

Projected $7,782,500.00 $7,500.00 $650.00 $0.00 $700.00 $875.00 $0.00 $7,362.00

BuildingB

21

Investment PurchasePrice PurchaseClosingCosts HomeAppraisal HardenburghTitleAgency HomeInspection Lawyer'sFee HoldingCosts TotalInvestment(WithoutDownPayment)

+11552k

18

BuildingA

Renters move in Affordable Units

Buy and Hold ĂƐŚŇŽǁ WƌŽũĞĐƟŽŶƐ

REPEAT

Building A Investment Purchase Price Purchase Closing Costs Home Appraisal Hardenburgh Title Agency H I ti

Projected $7,782,500.00 $7,500.00 $650.00 $0.00 $700 00

Building B Actuals $0.00 $0.00 $0. 00 $0.00 $0 00

Projected $5,682,500.00 $7,500.00 $650.00 $0.00 $700 00

Actuals $0.00 $0.00 $0. 00 $0.00 $0 00

Big Sister buyers move in by paying a total amount that covers development cost of Big Sister (taxable) while offsetting a portion that covers Little Sister’s development cost in the form of donation (tax deductible).


Exhaust vent with operable glass louvers

Expanded Metal Grill Grate Catwalk Surface Window Mullions

1/2” Section Detail

Greenhouse window (Anodized Aluminum Awning)

Power Sisters.

Top of Greenhouse

Pre Fabrication Strategy:

I-Beams

C-Channels

8

Using Pre fab techniques, each of the “sister buildings” is built with reduced time and efficiency. Fitting as many micro units as possible increases revenue while maintaining a energzing southern green view from the apartments.

L Angle

Grated Walkway

L-Angle

Glazing Beam Connector Plate C Channel Cellular Beam Fixed Glazing

1

Bi-fold window panels (Anodized Aluminum Frame)

Track System for window Railing System Fixed Glazing Window Mullion

Original Equipment Manufacturer

On Site Assembly

Hex Bar Slider Track` Wheel on track

Module Prefab and Subassembly

PVC Coupling connector Baffler Hose Water tank Water feeding pipe Hex Bar track stopper Handle Planter pots Movable shelf frame system Water tank (nutrient reservior) Wheel on track

Awning window system

7

Nana wall (WD67-Aluminum cladding on wood frame) Door track and frame

6

5

4

3

2

1

Roller

2” Rigid Insulation

2

10” Concrete Slab

A

B B1 Flashing

C

Ceiling Wood Floor

3

C1

5

D D1

E

4

F

Fixed Glazing

6 01

Ceiling

Level 3 Plan: Unit types A1, A2, B2 1/8” = 1’0”

Mulllion Nana door (Bi-folding/ Sliding)

7

Brick WAll

A

Wood Floor Slider Track Concrete walkway

1. Unit type B1, Condominium

1 Bedroom, 1 Living room, Kitchen, 1 Bath, Open to Garden

Membrane Concrete Foundaton Footing Drain

2. Unit type B2, Condominium

1 Bedroom, 1 Living room, Kitchen, 1 Studio, 2 Baths, 1 Storage, 2 Balconies

3. Unit type A1, Rental

1 Studio, kitchen, 1 bathroom

4. Unit type A1, Rental

1 Studio, kitchen, 1 bathroom

B

5. Core

Elevator, Stairs, Lobby, and Hallways to Vertical Garden

s B1 Unit

6. Vertical Garden

C C1

5’ wide, operable glass windows, metal grated walk surface

D

7. Restaurant

B2 Unit

1100 sqft seating, lounge, bar counter, backyard, upper floor seating area, basement kitchen

E storage

8. Greenhouse on Roof

1284 sqft aeroponic vegetable farm.

F

01

Level 4 Plan: Unit types B1, B2 1/8” = 1’0”


Social features: Awareness: The southern faรงade of vertical garden celebrates the culture of sharing by being simultaneously a light and air filter for the residents, and a food source for the restaurant and culinary school. By providing a dynamic and unique faรงade and double skinned garden space, these buildings also communicates with the neighborhood about sustainability and healthy eating.

Power Sisters

Interaction: Ingredients of food dishes come literally from the garden above, restaurant workers maintain these plants periodically from seedling to harvest, allowing positive interaction between the workers and the residents. In Little Sister, the culinary school and the restaurant are connected, eaters can witness the process of culinary art; the convenient part is, the restaurant accepts SNAP or other forms of assistance.

Architecture as Commodity  

Bernard and Anne Spitzer School of Architecture Portfolio of Works Spring 2016

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