HomeMy WebLinkAbout09242018 City Council Laydown - PND Engineers - Cruise Ship Dock
Project Presentation for Seward City Council
24th September 2018
FUTURE CRUISE
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Why Now?
Cruise Ships under Construction for delivery in the next 10 years.
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Alaska Cruise Opportunities
Why Seward
Discussion on:
Larger and Higher Capacity Ships entering the market
Existing cruise ship stops saturated
Growing expectations of Cruise Passengers
Market ownership is changing (Carnival bought most Skagway)
Attraction of the ‘Open Jaw’ itinerary
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Scenic Train ride from Anchorage – Experience starts here!
Programming in Port Icy Strait and proposed Southeast Alaska locations.
Strategic Location
Open Jaw Itineraries
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Today’s Agenda:
AK Current Cruise Industry Economic Status and Forecast
Seward Current and Future Opportunities
Approach to Project Implementation
Team Introductions
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I. AK Current Cruise Industry Economic Status and Forecast
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AK Cruise Passengers Demand / Projections
Ketchikan, AK Aerial and Visitor Data (Typical 4 Ship Day – 5 Days per Week)
Data from: Ketchikan Summer Visitor Profile and Economic Impact Analysis, April 2018 by McDowell Group
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Seward Cruise Ship Statistics
Seward Marine Terminal Expansion Planning-Master Plan-2017
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Seward Cruise Passengers History
Seward Marine Terminal Expansion Planning-Master Plan-2017
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Downtown Options
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Three Potential Piers
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Option 1
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Option 2
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Option 3
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Railroad Terminal Option
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Railroad Site Dock Replacement
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Trolley Connection to
Downtown
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Boutique Terminal at Sealife Center
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The Big IDEA
Enhancement and extension of the Sea Life Centre
Pier as part of the exhibit
Floating ‘Islands’ of development mixing the natural surroundings into the arrival or departure experience with decks and gangways part of the Sea Life narrative.
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Phasing Approach
Pier by Pier approach allows the infrastructure and facilities to grow as demand increases
Buildings as landscape
Marine elements as Islands
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Tentative Schedule
Begin early Phase Planning/Stakeholder Engagement: October 15, 2018
Planning Complete: January 31, 2019
10% Design-Concept Development/ROM Cost Estimate: April 17, 2019
Present Concepts to City/Stakeholders: April 22, 2019
Begin Permitting: May 1, 2019
35% Design/Cost Estimate: July 3, 2019
65% Design/Cost Estimate: September 30, 2019
95% Design/Cost Estimate: January 15, 2020
Present Plans to City/Stakeholders: January 30, 2020
IFC Plans: March 1, 2020
Issue for Bid: March 31, 2020
Review bids: May 15, 2020
Award Construction Contract: June 15, 2020
Begin Fabrication: July 15, 2020
Obtain Permit: October 1, 2020
Begin Construction: October 15, 2020
Construction Complete: May 1, 2021
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III. Approach to Project Implementation
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Align Community Values
Making a significant and positive difference in the lives of the local community.
Based on teamwork and clear vision with one mission.
Committed to clear and open communications.
Use of sound business practice and careful management of assets.
Right resources to the right customers – going the extra mile.
Based on solid long lasting relationships.
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Public Private Partnership/ Project Finance
The Project could be structured as self-financing, under a Public Private Partnership (“PPP”) structure.
No direct fiscal impact to the City, but will enhance “head tax” revenue improving the future fiscal position.
The Development Team will raise the debt and equity capital necessary for the Project.
The Development Team will negotiate berthing and/or Take or Pay priority contracts.
Multi- year concession to be agreed upon by all parties.
The City and the Development Team with other third party investors will then create a Special Project Vehicle - SPV - to develop, construct, and own the Project.
The City will retain the land equity position in the SPV as required.
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IV. Team Introductions
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IDEA, Inc.
Founded in 1995 by Themed Entertainment Expert Hugh Darley
Orlando Based International design and Planning firm that oversees the conceptual design and production of branded destinations for the hospitality, entertainment and tourism Industries.
Custom tailored project teams selectively drawn from talented multi disciplinary network of industry leading planners, designers and artists.
A signature approach to each project that ensures branded destinations are both innovative and commercially viable.
IDEA have instigated and delivered award winning ports worldwide.
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Founded in 1979 in Alaska
Alaska Based Corporation with offices in Anchorage and Juneau Alaska, Seattle Washington, Houston Texas, and Vancouver, BC Canada
Currently employs just under 100 individuals
Full services civil, structural and geotechnical engineering
Award-winning, practical designs
Extensive design and planning experience in Seward
Working with the team on port of call concepts that would support this project
Led the Seward Marine Terminal Expansion Planning-Master Plan 2017
PND Engineers, Inc.
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Bazarian International Financial Assoc., LLC
Originally founded as East-West Financial Services, Ltd., in 1984 in Washington, DC
Florida based company
Performing the necessary financial engineering to determine the most efficient development plan
Seeking out the appropriate brands/operator for the project and advising/representing the client in negotiations
Arranging debt and equity finance for the project using our extensive network of international and domestic contacts
Bazarian International
Financial Associates, LLC
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Panorama International, Inc.
International Resort and Attraction Development
55+ years in business spanning missions in over 75 countries
Activities in Development, Finance, Marketing, Design, Planning, Consulting
Current activities include Resorts, Port Development, Hotel finance
Project Management
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