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HomeMy WebLinkAbout3/7/2007 - STAFF REPORTS - RA.2. \ ess � ` Wessman Plaza - ` Temecula West Palm Springs DEVELOPMENT COMPANY The Center Promenade Canyon Plaze r Plaza Mercado eusiyon'Pi iza Canyon Plaza North and South y - _ Shopping Centers _.. Plaza del Sol - Tahquitz Mesa Villas Date Palm Square Rubidoux Plaza\ , _ q . . � India Plaza Plazia las Flores _Ffaleiwa Joe's Tahquitz Square , t ;Ransho San Pablof Plaza at.Sunrise Saristo Plaza - March 7, 2007 City of Palm springs Palm Springs.Community Redevelopment Agency PO Box Z7,9 - ,, - ' Palm Springs, CA 92263-2743` ` L - Re: Approval of.Nexus Companies as the Design Partner in the Design for Development Master Plan Process I am writing an behalf of John Wessman and his affiliated companies. Wessman owns a major In of Tanc1" thin the planning area described in the RFQ, including the Desert Fashion Plaza. - 'We are concerned about the nature of the Council approval tieing contemplated today, From the staff report, it is impossible to understand clearly what the scope of work will be for Nexus. Without a clear scope of work, the Council cannot clearly understand the-nature of the agreement being proposed _ for approval today. We would therefore request that before-the Council proceeds to approve-Nexus as the planner for this.project, staff provide for Council and public review, a-defirgitive scop6of work. _ The staff report does not explain how the cost oI this planning effort will be paid- -The original RFQ was structured so that the contracting party was both plannerLand developer of the covered property, and presumably would therefore be paid for its planning efforts through its development profits. -The staff report now says that Nexus will be appfloved as the-planner, but that selection of the developer is left to / later. If that is so,"what is the cost.& how will Nexus planning effort-be paid for? Is this planning effort intended to result in a specific plan of PDT for the entire planning area? If so, its-adoption would require compliance with CEQA. How will that process be carried out and funded? _ If a-specific plan or PDp is not the intended product of this effort, then what is the intended product? Will the$roduct of this effort carry the force of law in-the form_ of zoning, o�will it be an advisory,_ document or feasibility study? :; ,i - The original RFQ placed an emphasis on the'importancg of the successful consultant Working .with property owners in.♦he planning area, but the current staff report indicates that the planning effort will be a 3-way effort among the City, the Tribe and Nexus. Where does this leave the major property owners who have made substantial financial investments in Palm Springs? Wessman has spent hundreds of thousands of dollars on our planning effcits for the Desert Fashion Plaza and our-other properties/in the, downtown corridor, and by.April of this year,we expect to be filing formal applications for the area of the. Fashion Plaza, If.the City does not require that the plans of major property owners be considered in the planning efforts•of Nexus, the City esserftially defeats the invested efforts of the property owners before they can be given fair consideration. We urge the Council to make this planning project one whirrh is done i -5848 3b0 S. PALM CANYON DRIVE • PALM�SPRINGS, CA 92262 • PHONE (760) 325-8050 PAX (760) 325 ( � ' an coopera#ion with all major property owners it the area process which goes not deprive those owners - J of meaningful.input into the fate vf.their own properties. Finally-, in reviewing-the RFQ and the Staff Repoli, it,-s unclear how.this planning effort would * affect�Ie on-going efforts of'private property owners within the planning area.,-As 1 have noted previously, Wessman expects to be su4mit4ing,applications for redevelopment of the'Fashion Plaza bythis April. As _ • the City contemplates the matter before you tonight,we'ask that you provide assurance to property, _. )owners within fhe planning area that their development efforts will not be postponed pendfng,completion of Nexus'planning efforts, and that applicafiohs submitted by property owners within the'planning area will Continue to be processed by the City in the ordinary course of business while the Nexusplanning effort is Thank you. — Regards, Michael Braun - _ !ram � - � I: / , ` •, i 1 ti ^I/ i AO'7ALM S., �y c C�<lFOIRE Community Redevelopment Agency Staff Report DATE: MARCH 7, 2007 CONSENT CALENDAR SUBJECT: APPROVAL OF NEXUS COMPANIES OF SANTA ANA, CALIFORNIA AS THE DESIGN PARTNER IN AGENCY'S "DESIGN FOR DEVELOPMENT" MASTER PLAN PROCESS FROM: David H. Ready, Executive Director BY: Community & Economic Development Department SUMMARY: This action approves the selection of the Nexus Companies as the Agency's Design Partner in the Design for Development process. The Agency had issued an RFQ dated November 13, 2006 that sought developer interest in becoming the master planner, master developer, or both for an area established by the Agency on July 5, 2006. Nexus was the only firm to submit qualifications under the RFQ and sought to be both master planner and master developer. Staffs recommendation at this point is to select Nexus as the master planner and then work in a three-way arrangement with the Agency's partner in the Design for Development process, the Agua Caliente Band of Cahuilla Indians, to develop a Master Plan for the area, and then make a determination as to whether the Agency would seek other Master Developer partners or move to the next phase with Nexus. The three parties will collaborate on the selection of a qualified planning firm to produce the Master Plan document. RECOMMENDATION: 1. Adopt Resolution No. "A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING NEXUS COMPANIES OF SANTA ANA, CALIFORNIA AS THE DESIGN PARTNER IN AGENCY'S "DESIGN FOR DEVELOPMENT" MASTER PLAN PROCESS ITEM! NO. � BACKGROUND: The Redevelopment Plans for Merged Redevelopment Project Areas 1 and 2 contain a provision (Section 617) authorizing the Community Redevelopment Agency to establish more specific design and development criteria for selected portions of the redevelopment project area. Section 617 provides as follows: "Design for Development Within the limits, restrictions, and controls established in this Plan, and subject to the provision of Sections 601 and 607 herein, the Agency is authorized to establish land use, heights of buildings, land coverage, setback requirements, design criteria, traffic circulation, traffic access, and other development and design controls necessary for proper development of both private and public areas within the Project Area." The first step consisted of preparing and adopting Design for Development Master Plan boundaries for portions of the downtown core (in Merged Area 41), Section 14 (Merged Area #2) and some surrounding areas. Under the Redevelopment Plans, the area may cross project area boundaries; in addition, the Master Plan Area includes some areas outside the Redevelopment Project Areas. Upon approval by the Agency of the map on July 5, 2006, it was approved by the Tribe in September, 2006 per the Memorandum of Understanding entered into by the City, Agency, and Tribe in May, 2000. The Agency released the Request for Qualifications in November, 2006 with a January, 2007 deadline. Several major developers expressed interest in the RFQ but only Nexus responded. Nexus is the developer of the Hard Rock Hotel in the Design for Development Area, the Delano (formerly La Mancha) project adjacent to the project area, and owns a 10 acre fee simple parcel on Tahquitz Canyon Way in the middle of the Design for Development area. Oohn S. Ra<y nd, Director of Thomas J. Wi n kmrr nity�conomic Development Assistant City Manager David H. Ready, Ee irector Attachments: 1. CRA Resolution RESOLUTION NO. "A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING NEXUS COMPANIES OF SANTA ANA, CALIFORNIA AS THE DESIGN PARTNER IN AGENCY'S "DESIGN FOR DEVELOPMENT" MASTER PLAN PROCESS BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs that the Nexus Companies of Santa Ana, California is approved as design partner in the Agency's "Design for Development" Master Plan process. ADOPTED this day of 2007. AYES: NOES: ABSENT: ATTEST: COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, CALIFORNIA By Assistant Secretary Chairman REVIEWED & APPROVED AS TO FORM i i iy i rn , M' r n vwr„ r+wrn lT`�n,r•�rw rrk - - ,a ,,, e.er . .�WW� r `«ta,'rA^^p•e ,xm ' r 1 'RYN`nr,Trn•o r» 'arS,Fr•• r `r -n, r.- _xyr.rxTx`q{MrwryrywAxM e ' �•, •1 `•q'•mXn 'P",ri�mruYry, r r r-n rryu yyuyry.�M�p° - � � , r .. r�n m`lnr. 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Response Letter Team Members and Allocation of Time Cominitments U. Company Profile III. Executive Biographies IV. Construction Biographies V. Representative Projects VI. Team Members Project Experience A ii � E Y The Vision to Develop and the Commitment to Deliver January 24, 2007 John S. Raymond Director, Community and Economic Development Department City of Palm Springs 3200 E. Tahquitz Canyon Way P. 0. Box 2743 Palm Springs, CA 92263-2743 Subject: Downtown Palm Springs Master Developer Opportunity Dear Mr. Raymond: Please consider this letter and accompanying materials as the Nexus Companies response to your Request for Qualifications for a Master Developer in Downtown Palm Springs. We have a serious,vested interest in the City, and feel we are best qualified to partner with the Agency and the Agua Caliente Band of Cahuilla Indians (the Tribe)to further the development vision for the community. Nexus Companies has a broad range of development experience, including master planning, high rise Type 1 and Type 5 wood frame residential mixed use, retail and commercial. We area full service real estate firm experienced in marketing, leasing, sales,real estate development and we are our own general contractor_ Nexus also has a g reputation of dedicating human and financial resources to resolve complex real estate transactions that result in high quality, unique projects for a community. We believe our talent and abilities have been proven in your own community. The most recent project 9 undertaken in palm Springs by Nexus is the Hard Rock Hotel. You know from first hand experience the complexities associated with assemblage of the real estate,the community politics and the design challenges we face with this project. We feel that our efforts to date are an excellent example of our commitment and ability to sort through difficult issues and create good solutions for all involved. This kind of effort will be required in order to effectively manage the future development of the Downtown. There are excellent real estate opportunities remaining; however, the ability to acquire property and gain support from key stakeholders will be paramount in 8 the success of such an effort. We, too, agree with your position that it is important to NEXUS Companies 1 MacArthur Place,Suite 300,Santa Ana,CA 92707 ph 714.546 5600 It 714 546 5660 www.nexusd cam Mr. John Raymond City of Palm Springs Page 2 next level_ We strongly feel that Nexus is best qualified to assist in this regard, as we have invested considerable energy to understand the community dynamics and market potential. Further, we have developed good working relationships with the City Council and staff,the Tribe, existing property owners, developers, and the hotel and business community. These relationships are key to moving forward with the Downtown strategy. In addition, Nexus has made a commitment to quality architecture that complements the rich history of Palm Springs. An understanding of the City's past and the value it adds to the future fabric of the Downtown should be a critical factor in your decision. The partnership between the City and the Tribe is a unique one, and critical to the success of Section 14 and the Downtown. We have spent the past few years cultivating a good working relationship with the City Council and staff, and feel that we have demonstrated our ability and commitment to deliver what is represented. We have also established an excellent working relationship with the Tribe's staff and leadership. We understand and appreciate the significance of their role in this process, and feel confident we can work successfully with both Agencies to accomplish the goals of the Section 14 Plan and the l Downtown Urban Design Plan. As you know, we recently concluded a transaction whereby an exchange of property with the Tribe was undertaken to facilitate the Hard Rock Hotel. This exchange was accomplished in a very short period of time, which is a highly unusual circumstance_ We would anticipate a similar working relationship with the Tribe as we move forward with the Downtown Master Plan. In closing, we would like to restate the Nexus Companies is very well qualified to serve as your Master Developer. Our 25 years of experience in the development business includes a full spectrum of uses, many of which will be a part of the Master Plan for Downtown. We are known for being a"pioneer" and "catalyst" in communities, and have an excellent reputation for building high quality projects that generally exceed a community's expectations. We are excited about the opportunity to work with you and the Tribe on such an important undertaking for the community of Palm Springs_ Sincer ly, b Curtis R. Olson Ri 1 eaney u Nexus Companies Nexus Companies Cbairmain/CEO Principal CN/CO/sha I f Q h � E h Ifil ' 11 Team Members and Allocation of Time Commitments The primary team members during the initial phase of the project will be Rich Meaney, Curt Olson, Cory Alder and Cindy Nelson. Each will dedicate as much time as is necessary to meet the timeframes established for the master plaWstrategy phase following developer selection. The day to day contact for Nexus will be Cindy Nelson. Her role will be to ensure that schedules and objectives are being met, and to follow-up as necessary throughout the process. Listed below is the contact information for each key team member. M Curt Olson, CEO 714,546,5600 (office) 949.302.9877 (cell) Email: cwognexusd.com Rich Meaney, Principal 714.546.5600 (office) 949.922.8210 (cell) Email: rhm(a�nexusd.com Cory Alder, President 714.546.5600 (office) 949,584-3977 (cell) Email: cwana,nexusd.com Cindy Nelson, Vice President 714.546.5600 (office) 714.402.1852 (cell) Email: cin(&,,nexusd.com is rpiz �ry it E o� `e �I COMPANY PROFILE Nexus Development Corporation, Central Division, founded in 1981, is a full-service commercial zeal estate development firm with offices in Santa Ana, California and Phoenix,Arizona. A highly talcuted management team leads Nexus Development with expertise in all phases of commercial real estate development, resulting in more than two decades of consistently profitable performance. Nexus professionals bring ro each project a full spectrum of development capabilities: market research, acquisition, planning and design, finance, construction coordination, marketing and property management. Nexus has successfully developed all major types of real estate projects including professional office buildings, rerail centers, industrial/high tech, mini-storage and now high density residential. Thesc projects are situated in prune, mastcz planned, freeway oriented locations. In each development, project design has been railored to meet the evet-changing needs of their customers whether it be commercial or residential projects. A representative sampling of Nexus projects is provided herein. Today, Nexus Development Corporation is involved in real estate projects valued at more than $1 billion, with plans to develop additional major projects in well-established and successful locations. The Nexus commitment to location, project design, tenant relauons, property management, customer satisfaction and maximum profitability produces a combination in commercial real estate development not found elsewhere. is 0 m 's n m t f T r 'C E r 0 - 1 - F * N - N'exnS,�OS11Pa711G5 ` i i i Cp tislk, Qlson :CEO, i Ci?ry W.Alder Rich Meaney President -Plrincipal Nexus Development Cor oration Nexus Construction Services -Central Division eanne-Marie Stephen Scanlon Cynthia I Nelson Matthew B. i• ep V.P. Govdinmeilt Kaufman Pate N.P. Construction Relations Sr. V.P. Operations Controller 0 w 7 i m n E 2 EXECUTIVE BIOGRAPHIES Mr. Curtis R. Olson- CEO Curt Olson began his career in commercial real estate in 1977 after, graduating from The University of Southern California with a degree in Business. Initially Mr. Olson worked for Grubb & Ellis in Newport Beach. While at Grubb & Ellis, Mt. Olson handled real estate transactions, including the sales and leasing of several shopping centers, office complexes,industrial buildings and raw land for development. In 1981, Mr_ Olson joined Nexus Development Corporation Central Division_ The company utilized Mr. Olson's broad knowledge base of the commercial real estate business and management skills making him responsible for the company's growth in Orange County. He was instrumental in the development and disposition of commercial properties in excess of 3 million square feet,and over time Mt. Olson acquired 100% of the company. Today, Mr. Olson is the principal investor, Chairman and CEO of Nexus Development Corporation Central Division, Nexus Construction Services and Nexus Residential. Communities. His responsibilities include all aspects of the combined entities. He holds ownership of retail, industrial and office projects in Southern California and Arizona totaling over 500,000 square feet. The combined companies are also in various stages of development on approximately 1,500 residential unirs in Southern California. Mr. Cory W.Alder- President Mr. Alder began his career in commercial real estate in 1983 after attending the University of Southern California. i Mr. Alder initially worked for six years with the Seeley Company handling industrial and office transactions. In 1989, Mr. Alder joined with SDC Development and was involved in approximately 1,500,000 sq. fr. of industrial and commercial development. By 1992, Mr. Alder was managing the company's industrial portfolio and led the ultimate disposition of over $100,000,000 of assets. In 1994, Mr. Alder joined Kell lntcrnational and was Director of Business Development in Koll's Mexico City office. From 1997-2003, Mr. Alder was President of three (3) Starr up technology companies in Southern California. Mr. Alder was responsible for all operations including raising over$20 million dollars of investment capital. Mr. Alder joined Nexus in January 2003 as VP of Business Development. In June 2003, Mr. Alder became the President of Nexus Construction, In January 2004, Mr,. Alder was named President of the Nexus Companies and is responsible for all day to day activities, including development, construction,and sales and marketing efforts. t E m i r 0 -3- rl Mr. Matthew B. Kaufinan_ Senior Vice President Operations Mr. I{aufman serves as Vice President of Development and Operations, having joined Nexus Development Corporation in May of 1999. As part of the Nexus management team, he is responsible for financial, legal, and personnel matters and is a key player in development projects. Prior to joining Nexus, Mr. Kaufman served as Director of Development Services for Coastal Rim Properties, Inc. (1986-1999). Throughout his cateet, his responsibilities have encompassed acquisitions and entitlements, planning and design, financing procurement and management, financial analysis and legal matters relative to real estate projects such as mixed use, commercial, retail, self-storage and single and multi-fannily residential. Mr. Kaufman has experience in working on joint government/private developments as well as tax credit and municipal bond-financed projects. Mr. Kaufman began his real estate career as an appraiser and management consultant for the international accounting firm of Pannell Kerr Forster. Significant engagements included appraisals/feasibility studies of hotels, motels, resoits, country clubs, retail complexes, residential developments and restaurants. Mr. Kaufman received [is Master of Professional Studies degree from Cornell University and his Bachelot of Arts Degree from Tufts Univctsiry. Ms. Cynthia Nelson-Vice President of Government Relations Ms. Nelson joined Nexus in April, 2004 to assist in securing government tpptovnls for a variety of projects planned by the company. She brings with her over 25 ,years of public sector expetence rn the area of public and private redevelopment, planning and building construction. Ms. Nelson began her career in development with the City of Long Bcach where she managed the Downtown Redevelopment Project, the success of which is evident today with the Pine Avenue retail experience, hotels, offices' and new watetfrnnt development. She then spent over 20 years with the City of Santa Ana where she held the position of Deputy City Manager. Her tesponsibilities included directing the redevelopment and economic development programs for the City, the results of which include Main Place mall, the Santa Ana Auto Mall, the Downtown's revitalization and arts movement, die expansion of the Bowers Musemn into a world-class facility, and the redevelopment of the area known as MacArthur Place where the Nexus offices are currently located. Ms. Nelson's last few years with the City were spent directing the Planning and Building Agency, overseeing significant new development projects such as artists lofts, new luxury single family homes,high h5e office buildiings and urban, mixed use projects. C c ar A F A G -4- II h .�R i'a� '•M� �P. �'},� 1�;1 1. E �! � �� Mr. Richard Meaney- Principal Mr. Meaney began his career in the entertainment industry- For 7 yeats he served as a Talent Buyer for the Nededandcr Corporation, the nation's largest promoter, manager and owner of live theater and music entertainment venues . While in this capacity, he was responsible for negotiating complex contracts with the entertainers and facility operators, negotiating contracts with labor un- ions, reconciling event accounts with the entertainer's representatives, and managing an array of details associated with hooking tours fot performers- He then spent three years in Munich Germany as a concert promoter for MAMA Concerts, the world'% largest entertainment promoters. I 1n 1990, Rich began his career in real estate development and sales in Newport Beach, California. h He was a founding partner in the areal estate fine of Strada Properties, a company that grew to be the largest single, independent brokerage office in the United States with over 250 agents, 60 employees and approximately $2 billion in gross commissions per year. He also created and managed Srrada Escrow and Strada Financial. Prior to selling the company to Cendant Corpotation (patent to Coldwell Banker) in December of 2003, Rich scrvcd as the CEO and Chairman of the Board for all of the Strada entities. Rich continues to engage in real estate investment and development, including five projects in the City of Palm Springs — Biltmore Colony, Tahyuitz Canyon Lofts, Delano Resort, and a 230 unit residential development on South Palm Canyon and the new I lard Rock Hotel. Rich resides part-time: in Palm Springs and Newport Beach, and recently joined the Nexus team as a principal in 2005. C "c P 'C F a -5 - �II I CONSTRUCTION BIOGRAPHIES f Nexus Construction Services - Genersal Contractox Nexus Construction Services (NCS), an entity under the Nexus Companies umbrella, was formed in 1999 as a third party contractor. NCS is a full service general contractor witb its main office located in Orange County. This office services both Los Angeles and Orange Counties, respectively. Today Nexus Constriction Services offers primarily high-end tenant improvement projects and core and shell construction projects for third party clients, and serves as general contractor for the Nexus Development Corporation ground-up construction projects. Nexus Construction Services offers a wide variety of experience in shell/core and tenant improvements. With literally millions of square feet of tenant improvements ranging from i corporate interiors, sound studio/enrertainmenr projects to high tech clean room and computer environment experience,Nexus offers the expertise and commitment to making projects a success. This interior experience coupled with a ttack record in constructing class "A" buildings from the ground up gives Nexus an advantage on more complex projects with aggressive construction schedules" Nexus is led by highly talented management teams with expertise in all phases of commercial construction resulting in over two decades of consistent performance on high profile projects. Nexus takes pride and care in looking at die details on every project to ensure quality and economics as well as timeliness. The proactive approach to each project paired with the broad experience of NCS allows Nexus to be solution oriented, achieving the highesr quality possible while maximizing value for our client. Nexus Construction Lead Team Mr. Stephen Scanlan-Vice President of Design and Construction Mr. Scanlon joined 'Turner Construction Company in 1988 where he began his career with various engineering positions that ultimately lcd him to the international office in 1993. While working as a Project Construction F;ngineer at Turner International he managed the 5105 Million design build of the Twin 40 story World Trade Center in Colombo, Sri Lanka. In 1996, he became Senior Project Engineer on the 560 million design assist of the Aquarium of the Pacific located in Los Angeles, California" From 1999-2000 Mt. Scanlon became Project Manager on the $200 Million Doha Aitr. Carlton in Doha, Qatar and the 540 Million Hilton Hotel in Cairn,Egypt. Mt" Scanlon joined Swinetton Builders in 2000 as the Senior Project Manager on the $l60 Million OMNI Hotel and Condominium in San Diego, Cahfornia" This responsibilities included management of all planning, estimating, purchasing, engineering, superintending and administrative activities. In 2003 he worried as an international consultant in China, Netherlands as the Construction Engineer on a $1 Billion Corporate Headquarters complex for the Chinese National Television Company" Stephen Scanlon joined Nexus in 2004 as Vice President of Design and Construction. -6- f f Mr. Doug Burroughs—Senior Project Manager Mt. Burroughs has been in the construction industry for more than 28 years. For the past 20 years, he has specialized in high-end corporate Tenant imptovements. In 1982, he joined Turelk as a Project Superintendent supervising mote than one million square feet of tenant improvements in the Los Angeles area. In 1989 Doug joined Johnston and Associates to manage all field operations and was responsible for the day-to-day operation of all field personnel, with the objective to r complete all jobs on time and within budget. Since joining Nexus Construction Services in 1999, he has supervised field operations for Enfrastructurc iu Orange County which included a computer center with 24-hour air and new j emergency generator, a health club, cafeteria and multi-use office space. Doug was the Project ^l Manager of the Hyundai Design & Technical Center to Irvine, a stare-of-the art turnkey 90,000 ' square foot tilt up. Doug also served as Project Manager on the Brenexus Limited and Office Edition project in the Irvine Spectrum area. The project covers over 500,000 square feet of officc f space and 84 units in total. For the past year and a half, he has been involved in the pre-construction,permitting and start of the Skyline Towers. Mr. David Beegle - Senior Project Manager During the past 27 years, Mr. Beegle has served in many facets of the construction industry. Isis primary focus has been as a Senior Project Manager on a multitude of diverse constriction projects including multifamily residential, hospitality, retail, enterrainrnenr, schools, office buildings and industrial facilities. He served as an ownet's representative for the California State University System and the Sport Club Company (luxury athletic club developers), and construction manager for a prominent Los Angeles architectural firm. Mr. Beegle attended California State Umversiuy at Long Beach where he received his Bachelor of Science Degree in Industrial Technology and Construction Management. Mr. Beegle will serve as the Senor Project Manager for the Skyline Towers team. Mr. Scott Crumbaker—Project Manager—Superintendent Mr. Crumbaket comes to Nexus with over 15 years experience in the constniction industry. He began his career as a Field Engineer on the Ritz-Carlton Resort project in Florida. Also while in Florida, he held positions as Area Supetntendenr and Cost and Scheduling Engineer for 900,000 square feet of airport cargo facilities and the Coulter Technology World Headquarters. Mr. Crumbaker was the Pre-construction/Project Manager with Turner Construction in Miami and with Stiles Construction in Fort Lauderdale, Florida. He was responsible for estimating and purchasing for a 9-story luxury condominium building with a $10 million budget. He has acted as Supervisor for the construction of two 16-story luxury apartment buildings with a 6-story parkmg garage,recreation deck and marina, 850,000 square feet with a $42 million volume. Recent projects include Project Manager with Swimxton Builders working on a 9-story 250,000 square foot luxury apattment building including 3 levels of parking in the Gaslamp Square in San Diego, California. Scott has just completed working on a Public Private Venture (Family Housing) at Camp Pendleton in Oceanside, California that includes re-development of 3,397 homes of which 1,096 are newly constructed with a $350 million volume. I it C N M P A N I ' E s I _ ' REPRESENTATIVE PROJECTS Twin Towers at MacArthur Place ♦ Two nine-story professional office buildings totaling 400,000 square feet ♦ 22,000 square foot floor plates ♦ 12' fiill height glass comer offices per floor ♦ Subterranean patking with direct elevator access to the towers ♦ Development costs of$120 million Nexus Financial Center • 8-acre Class-A business park h ♦ 315,000 square feet ♦ 85%pre-leased bm� • Tenants include Nationwide Tnsurancc, GT-? 'I Dvectortcs, Honcywcll • Development cost o£$70 million r, Nexus City Square r ♦ 20-acre na xed-usc development , ♦ 365,000 square feet of Class-A office ♦ Includes an all-suite hotel tl ♦ 15,000 square foot retail support center and 10,000 square feet of nnini-srorage - • 25,000 square foot build-ro-suit faw- 17armcrs i : :;:,-� P lnsurancc ♦ Development cost of$70 million Bell Towne Center ♦ 450,000 square foot retail center located on 50 acres tiry ' • 125,000 square feet of shops n ♦ Tenants irnclude Target, Piet T Tmpotts, Rank of America, Staxbuck's,J..A 1'inicss and Cluli's ♦ Renovation and expansion to be completed sprung of - 2008 _ Biltmore Colony Condominiums/ The Colony • 133 Multi-family Condorndums ♦ 19 Single Family Homes ♦ Completed October 2005 • Development cost of$48 million milli - s- I C 0 M P A N I E 5 Brencxus Office Edition & $renexus Limited Edition ♦ Fifty-seven 5,000 - 10,000 squate foot office and R&D buildings ♦ Twenty-seven office condominiums I�1y,3 ♦ Located in the Irvine Spectrum adjacent to the Irvine I �� Spechlun ♦ Co-development with Bacchus DevOopinenc Oak Springs Ranch ♦ 50 Acres ♦ 103 Single Family-Lots ♦ 312 Poi-rent apartments '., • Riverside, Califorma ♦ Cornt2uctlon 2007 a,l.•- y�-J 1111�1 - '� - Iyundai • 95,000 squaru foot Design Center ♦ 100% air condinoned -- ♦ $19.5 million project ♦ Completed February 2004 Delano ♦ 84 for-sale condominiums ♦ City of Palm Springs -- — T I ♦ Consuructon ro conunencc suminer 2007 Hard Rock Hotel /l \ • 490 Condotel units ♦ City of palm Springs k". ♦ Consrivcdon to commence spring 2008 �\ ;��•, -9- I C D M P. A N I E S I , ♦ 112,000 square feet of retail space + 65,650 square feet of office/ o n y, R&D/industrial space • 98,500 square feet of self-storage i space Y r:',• n r 'I, �a :- -�fl, : : 'I 'LI ♦ Construction to commence late 2007 _ TerMaaten I :-i'`,*" ";: �i JL 1, ♦ Mastct Plan ro include: - ♦ 82 oue-half acre lots ♦ 291 Small Single Family Lots ♦ 315 Apartmenis - + Construction to commence 2009 — Eagle Canyon + 75 Single Family I Ionics . ♦ 155 Townhomes �~ ♦ City of Palm Springs ♦ Construction to commence early 2008 MI, X". .r Monrovia (Westside Lofts) 'L:j ♦ 51 Custom Single Family Homes + Contemporaiy,urban unfill development ^„,.51 ' j it- '•_I ♦ Consuucrion anticipated Lite 2007 mnoNrm i 1 3•ry-6 Tahquitz " ♦ 117 live/work lofts + 20,000 square feet of retail space �' w • City of Palm Springs + Construction anticipated in 2007 _ Ip- C 0 M P- A N 'I E g I SKYLINE AT MACARTHUR PLACE Skyline consists of 349 luxury high rise ----- residential - ,—' units in matching towers located in the South Coast Metro area r I at MacArthur Boulevard and Main % mil._„ 1 lF Sticet- The master lan was desimmned %'r', - b Renzo Zecchetto Architects of r:r p - ^ r r Y F_ �- .� y" r'. _ Santa Monica, and the two 25 story ! r � n n } C--Ic - r towers were degigncd by Perkins & Co. of Toronto. - - �_ 77 A slate of u scale annentties include a p 3,700 square foot fully equipped fitnegs x n 11 r11 - H•dlfrl r^ '' center, pilates and yoga room; a 3,000h`R� ,' square foot entertainment lounge • .�a including plasma televisions; a full � 1 ,f'•," _sYwTMr,/� x' _ ,i demonstration kitchen, wine bar, c-ard "• - ;a I;r:- IlY_ w~' and pool tables and more. Separate mcn's and women's spas that total over 6,000 square feet, with wet and dry saunas and massage rooms. A junior Olympic size pool, Jacuzzi's, cabanas and a fire pit further compliment the rccrcationaldeck. ,{ _ The intcriors will feature state of the Y.`. art apphanccs, cabinets and fixtures- � : ;I h - S The floor plans offer one and two °' bedroom [units ranging in size from Y ,.. „` .,s „�_•. ! �-� 1,000 to 2,400 square feet- Constmcuon began in early 2006 and _ ;,4 . ;r' f -•.: first move ins are anticipated to be in r: ''ti': die srunmcro 2008. L_.._ '�.• •.�,�,w..��l�";_ `"_.., _ - I1 - I i 14EXLS TEAM MEMBERS PROJECT EXPERIENCE P'ox Network Center- Los Angeles, CA ♦ 5-story broadcasting facility ♦ 750-cat parking strvctutc: ♦ 100,000 square feet of technical space ♦ 55,000 square feet of supporting office space rf.l✓•: ♦ Two, 7,500 square foot somid stages jjiil f*i' J Elleven-Los Angeles, CA + First for-sale residential high-rise project in downtown Los Angeles h�y in more than 20 years n�i }i tl $ ♦ Phase 1 consists of a 13-story, 400,000 square-foot s ructure with !; �� �� I � �qqq jf . 176 for-sale uwts fig , 1� �9i ♦ Scheduled for completion in sprung 2006 Omni Ballpark hotel and Condominiums - San Diego, CA + 32-story, $160 million development ♦ 512 hotel guestrooms "! r-- ♦ 37 for-sale condomuuums Del Mar Station - Pasadena, CA " - __, '�' ♦ Eight buildups coin risin 347 apartments ' ,"�•_;= r���,., ., c;��y�. �'-+ ♦ Built nest ro and over the Metro Gold Line rail service ♦ Type V and Il modified constriction for structures of four r . to seven stories .,�. F';�-Pik • _ �.4 Marriott Residence Inn.- Garden Grove, CA "'-- -� + 200-room extended stay Residence inn ♦ Just four blocks from Disneyland ,`:'•`":,- - 12- t 0 to P A N I Nexus Twin Towers - Santa Ana, CA ♦ Two, 205,000 square foot office towers ♦ Podium construction, with a 1,460 stall parking structure • Also provided complete tenant build-out for multiple tenants including MSC Software and Deloitte Consulting ? The Sports Club/Irvine - Irvine, CA { _ ♦ ..5,32 million spolts facility ' • 1 restaurant 1311f . • 1 cafeteria The Grande- San Diego, CA ♦ 250,000 square foot luxury rental apartment building31 • 1 0-stoiy mixed use tower with three levels of subterranean parking ♦ Two levels of retail and restaurant space at stied level and ifit five levels of luxury condominiums4 NI `L The Heritage - San Diego CA �.�' ;,,;h ' ''•nit 'll "t p ♦ 20-building aparmtent complex ♦ Two levels of subterranean parking and four levels of Type 5 aparrmcnts F,i — t1 ♦ Covers two square blocks downtown Doha Ritz Carlton- Doha, Qatar 4, ♦ 5200 million Ritz Carlton hotel development d , • 374 guest rooms, with 271 standard guest rooms and 103 Club level rooms and su ires • 5 restaurants and 2 bats/lounges - 13