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HomeMy WebLinkAbout2024 - Beitler Real Estate Services Lansing City Hall Redevelopment Presentation LansingCity Hall Redevelopment 124 West Michigan Avenue by: Beitler Real Estate Services LLC BEl TLER Ir 1 1 �� \���� •��•�� Lansing City Hall 124 West Michigan Avenue . , 111 111,111�1� 1 rrr� The Building I(If to ro �s 11� 11 � �, , • Location: Lansing, MI 1711- . , 111%1p / 7 Year Built: 1958 7 .� �,,,,,, ,,, � � ' . . ■ ■ ^ � � A ' 1 r RBA: 126,575 Gross OIL, �;.. Stories: 10 Typical Floor: 9,815; 15,276 SF BE/TLER ., �iii�ll�l I�lit�i,rrrrrrllrr -1110111 lots ��11111111 .��►.: . . . Zk i Al l a - .� ram' •. _ �+ L � - • �` `ice � �i; � � �..0�►:- , �� ✓n �<J ram-. •yam _ • �: .. 1) High & Better Use The opportunity will reposition Lansing's City Hall into a modern day hotel offering a premier location and unobstructed views of Michigan's State Capital and add to the 4 growth and vibrancy of downtown Lansing. 4.a 1. r With a population of 481,900; Forbes describes Lansing as: "An important center for education, culture, politics and business. It is home to three medical ` • / schools, two law schools including the nation's largest law school, Thomas M. Cooley Law School, Michigan State University, the state capital, state Supreme Court and Court of r Appeals and headquarters of four national r �- insurance companies. Cultural elements in the ` city are highlighted by the African American Toviewe short video"fly-around-, �„ Parade and Heritage Festival,Silver Bells in the click he • City Parade, the Lansing JazzFest, the Old Town You can alsoview it by searching on YouTube 1 ,� BluesFest and the Common Ground Festival for:Lansing City Center proposalvideo 1 1 a "- - among several others. Other points of interest in OftTube 1 ; 1 �r the city include the Michigan Museum of 1 / Surveying, the Michigan Women's Hall of Fame, 1 R.E. Olds Transportation Museum and the historic Potter Park Zoo." https://www.youtube.com/watch?v=J 71xbiCKz4 BEITLER For, ACCIDENT FUNDNSING0. INSURANCE CO. .�✓ r HEADQUARTERS CENTER o S\• _ ;OFFICES OF f•. �'� "AICHIGAN HOUSE:OF Q, REPRESENTATIVES ap 2) Location Positioned on the corner of Michigan .� Avenue and Capital Avenue, the new hotel is • t <,� '�' hs/Si;� _ located in the heart of downtown Lansing and in between the Michigan State Capitol c�< c;:; • '~ ` ) 'S9 and the Lansing Center. ROMNEY BUILDING :• s. . (GOVERNOR'S!f �• OFFICE) «� �'. •+� z . sMICHIGAN •<<. 'STATE CAPITOL �.. � �`�' OFFICES OF/ ~ ' � ( •, STATE SENATORS •. 7v tJ. BE/TLER 1 oil 9 3 fill I0 i i i i a : 1 �II�I�I URI WARN me%— NOW 'a�,- 2) Location F.�1s�,_ _• -,e, � ��,\�� Michigan State Capital Building � r 11 1 I � a,•_ � J Y rr• �' Located across the street from the Michigan . _ Mir, - g . _ _ ; . • _ ,, �, �t ,, ,�, • _, _ �� State Capital which opened on January 1, 1879. It is one of the first state capitals to be topped by a lofty cast iron dome and was designated a National Historic Landmark in 1992. i ""'' Lansing Convention Center A short 5 minute walk to the Lansing Center ► — a 270,000sf convention center that houses a main exhibition hall, meeting rooms, _ , " •\ �r conference centers, banquet facilities, �II *r"" L restaurants, full kitchen and a 500-space ° � f �.; �:': . underground parking garage. BE/TLER � �-Capitol TowerFm 1 Complex ' iote; k A i 2) Location — Downtown Growth Washington I¢ote - - New Vision Lansing, with the support of a Omi _ Sgu-are $40M appropriation from the State of �. Michigan is a $215M project involving three tiMatson projects. The hotel will complement the i 1 •� �l New Vision Lansing plans. - Tower on Washington Square Building: i 70 workforce housing units, a Grand parking structure and retail space. • 1 _ t - Capitol Tower: its-�"I .11m� r 1 , Pre-leased office space, 70 market •- . j rate and workforce apartments and 110 parking spaces. -I 0c .•_ WIN Tower on Grand: to «.r OWN ► •' 300 apartments and parking. •� A ' 1 https://www.wkar.org/wkar-news/2023-08- 08/215-million-development-plan-promises- r y affordable-housing-revitalization-in-downtown- i lansing BE/TLER KEY Common Core 1,320 SF ■Mechanical Space 950 SF l l Storage 480 SF LI Police Department 3,850 SF u Parldng 30.336 SF — ■ ■ ■ ■ ■ ' GROSS TOTAL AREA: 37,344 SF Ti aawra earnra MI amra a�r 3) On-Site Parking a. ' The hotel will have on-site below ground 13 El CI 0 • 0 a 0 heated parking for approximately 60 vehicles. Up to 100 additional off-site 0 parking spaces will be available at market ■ ■ rates. 0 0 0 1� AI ■ ilrF 1001 W/ BE/TLER City of Lansing Form-Based Code Allowable Use Tile Adopted 1/1/22 P=PRINCIPAL PERMITTED d C=CONDITIONAL USE LL Q Reference S=SPECIAL LAND USE Commercial/Office Chapter 1243 Retail sales and Personal Services C C C C C C C C C P P P Professional/business offices P P P P P P P P P P P P P P Active I Recreational Commercial C P P P P P C P P P P P P P Animal Hospital C C C C C C C C C P P P P P Bank P P P P P P P P P P P P P Rrewpub C C C C C C C P P P Cemetery $ $ Clinic C C C C C C C C C P P P C C Funeral Home C C C C P P P P P Golf courses $ $ $ Kennel C C C C C C C C 4) Zoning La 4W!!![4 cleaner P P P P P P P, P P P The existing zoning allows for a lodging i Lodging Facility A P P P P P P P P P P C C facility which will save several months in the DT-3 Downtown Core development timeline. - Ig1T-1 - The project use The intent and purpose of R. Mx DT-1 DT-1 i the DT-3 Downtown Core district is to R 66 _ �DT 1 �,,:� provide primarily a vertical mix o uses with DT-3' p p y f DT-I DM . ■ , higher density residential housing and office Cox buildings. Ground floor uses should be those ■� that generate pedestrian activity along the street front through the location of doors, ■p windows, and displays. Development in this district is characterized by toll buildings gs lining urban streets with most or all parking provided on street or in municipal lots or structures. This district accommodates the 0 City's highest intensity and density ,• 3 development. i DT-I DT-1 MW V_D-q 4 E U U—b—, DT 1 DT-1 M�useale BE/TLER w 5) Feasibility e IR +." �.-- ��� y ;'; ��� '"'� '� Typical room mix assumptions produces approximately 183 rooms along with ample MEW — space for amenities, parking and a roof top � restaurant. BE/TLER PF PRELIMINARY DRAWINGS GROUND FLOOR PLAN POPERTv -- _ _ ENS _ UNE RESTAURM1ifl°AR NATIONAL FUG 1I�F M1..13 +�1 719E 059E ❑ COKEE _ HOTEL SUITES STAIEFUG 9nOR 7EPRACE COI7EE 4— Eau T �NEE7INGROOMS CIIV FLAG �961' t110w FIT N CENESs R0 3UNES TEP F-]-NESWOOL 12N - �0. COMMERCIAL ; LOWOE Btl 9i PARI,ING I I Poa �L-111 ; i I42 S7 GREEN ROOF I I I I' I ' � � 5) Feasibility �Rnuu aatuUnoN 1 I I I I I FOVNTAMS. FSERMCEMECHAN ttRThe OF S I I I ground floor l ll serve as the hotel (/� entrance with the courtyard providing onsite )` O I I NOT€L ENT#ANCE I111- LGRsv House access for pick-up and drop-off to the main lobby. The ground floor will also offer guests hotel amenities such as meeting rooms and I I I I a fitness center. 1 7 7 1 1 I T I r I - I- MEETING ROOM 5�5T The ground floor will provide an opportunity RE$TAU ENTRANCE 1193 PETML m� M _ _ _ to activate the corner with retail space ' servicing the hotel and the community in �Au�N, I I s,G E —MEETING general. A separate lobby and elevators will low; - 95 vt.V�IAE�NS PPE WCT1011 - y - be able to provide access to a restaurant on OS S s; the seventh floor. POO11N(: MEETNG P R S MS STORAGE ROOM 6915i 6W Sf 6m 5F 7®Y —F- I GROUND FLOOR PLAN - SCALE 1/20'=1'.0' 2 LANSING HOTEL BE/TLER PRELIMINARY DRAWINGS 13RD-6TH FLOOR PLAN - TYPICAL LOW-RISE HOTEL IlREBTAUPAN T 4 BW - - �iuDlo HOTEL su1TEs —A STD F-1 MEE TING ROOMS I KING [:]FITNESSrPOOL KING STUDIO UEE F_j[OMMERCIK ❑ QUEEN PARkING �LOBBv - GUEEN wG ®GREEN ROOF STUDIO ❑ ❑`/ERT,CKCIRCO TION QUEEN 5) Feasibility QUEEN SEWCE44ECHANICK ❑ �a SU�IO - QUE The small and narrow floor plates allow for EN ❑ QME" an efficient hospitably configuration with a siuolD ❑ aUEE - double loaded corridor where rooms are on either side of a single hallway. QUEEN QUEEN KING STUDIO TOTAL KEYS FLOOR =15 NG KING KING KING KING TOTAL KEYS 3 3 TH THRU B.21 x♦ =108 UD1O STUDO STUDIO STU01O STUDIO TOTAL KEYS 7TH FLOOR =12 TOTAL KEYS$THRU 1018x 3 =48 TOTAL KEYS'. =183 A WNG _ ❑ ❑ ❑ WNG - STUDq � QUEEN QUEEN B CD415 SF=2A90 - - STD.KING 7 Q 340 SF= 2.380 STD Si0 STD STD KING KING . A STUDIO 14 @ 330 SF= 4,820 JL7WNG KIN KING KING STUDIO TOTAL KEYS 3 THRU$27x 4=108 I ❑ _ _ STD MNG 3RD-BTH FLOOR PLPN SCALE 1120'=V.0' 4 LANSING HOTEL BE/TLER PF PRELIMINARY DRAWINGS I 7TH FLOOR PLAN - RESTAURANT ❑RESIAVRINi d BM KNG SiuOq ❑xOlEL SUITES ❑Nse:rwG Roo s I w ❑�*uEssaooL nG sruoa wex ❑cauuExva ° wffx ❑R.RwuG ❑�� wEEx HNG ®GREEN ROOF SNDq ❑ ❑—TCALpRC,RAT,M wEEx 5) Feasibility wEEx ❑SERVILSYECK�M1fI1 ° wEEx The seventh floor will be configured to ❑ accommodate a restaurant with views of the capital and will service both local and hotel patrons. wEEx wEEu �L —L L1_L 11-1—L1_I_L1_I_11—LL Ss g 1 I I I I I J I RE5lMFN1f I � T I I I I II QUEEN QUEEN 8 Q415 SF=2.490 STD KING 1Q340 SF 340 y KING STUD10 5 @ 330 SF= 1.650 TOTAL KEYS 12 I ALI 77H FLOOR PLAN SCALE 1 20'=1'-0" 4 LPNSM HOTEL BE/TLER PF PRELIMINARY DRAWINGS 18TH-9TH FLOOR PLAN - TYPICAL HI-RISE HOTEL F-]RESTAURANT&MR aNG ETmIo ❑ROTEL SUITES STO ❑MEETING ROOMS aNG FITNESSNOOL aNG ❑ S'Iwlo OVEEN COMMERCIAL ❑ OVEEN PNMING � OEN LOSSV _ QUEWEN wNG ®GREEN ROOF Siw10 ❑ VERTICAL LIRCUlAT1OM QUEEN 5) Feasibility ❑ QUEEN ❑SERmCEnAEONANIOAL The tops floors will overlook the hotel plaza allo — s wlo OVEEN ❑ GLEN and maintain an efficient layout. ate' 2 OVEEN I7wlo ❑ OVEEN -EN aN0 S mo FMT iiiFF .iP.iSA SF S�WI_, QUEEN QUEEN B @415 SF=2.490 — — STD.KING 2*340 SF= 680 ST KING STUDIO 80330SF= 2.640 KIN TOTAL KEYS 8 THRU 10.18 v 3=49 I VD 8TH-LOTH FLOOR PLAN SCALE'.V10"=1'-0' S LANSING HOTEL BE/TLER PRELIMINARY DRAWINGS I BUILDING SECTION RESTAUR/M T t BAR MOTEL SUIE9 IIOOfNMI • _r ❑ aama uEETNO ROOu9 V �RTNESSr90Q NIIIId�N�n� �COuu c- n.�a [:]P—.G C »orEL [-]Laee. EGREENR n — — ❑VE-.OIROVEARGN Q 5) Feasibility v HOTEL , �SEPNCENEC»ANICAL VMNJAN/! — — , b Overall the building is well suited to be �NOONM " "°'¢ redeveloped into hotel and house all of its n.>r� RESTAURANT RESIAL T S »orEL supporting functions (amenities, retail and parking). b ~ MOTEL MOTEL »OIEL b T/awwaENw � � �Nmw MOTEL »OrEL NORL I', T/Ee,Naylrr - 1- v�.NooRN.� �EL•]OP2 — — — awwr b b ti »OTg MOTEL r/.m rEna sur - � - •ROOIL/ MOTEL MOTEL T/]N RaNINM _ _ _ _I_ V7y ElOVInN EL•iTN n.s»a b b _ •giEL •N1RL h 1@I�tNN1Y — irl>14110O1M 6MOI YEETNO MOTEL RESTAUR T Iry _ ROOL6 sl�a LOmr �� LONIv NEEEOO" I� 7rEmu a.sv nn+a PARNM IAllEIIO ONTNNO 4 �fNOanM MY�R NOanN B BUEDING SECTION SCALE V20—V-0' B LANSING HOTEL BE/TLER New City Hall Design Construction 6/24-12/24 1/25-2/26 6)Timing The City will relocate City Hall to a new building located at 425 South Grand Avenue using a $40M grant from the State of Pre-Development Michigan. Design is expected to be 6 p Construction months followed by 14 months for Hotel construction. 6/24-2/26 3/26-4/27 BE/TLER ` i Redevelopment Agreement Summary -�. ...� Project: Approx. 183 room hotel. ~---�� Purchase Price: $2,780,000 as is . I Closing: �� •'�. `" days Within 60 s from the last certificate of y -� occupancy for the New City Facilities. • Tax Incentives: �® None. No incentives are being requested and the ® a . i• 1 City will retain 100% of the tax benefits. l _ Parking: Onsite parking of approximately 60 spaces plus I offsite parking of no less than 100 spaces at market rates. j Preservation: � I I Leonard Jungwirth's Lansing City Hall sculpture will be preserved. AAA ft ��� 4• I 1 l S ;Y � .I 4 BE/TLER