Pueblo Urban Renewal Authority
Hotel Development
Pueblo Regional Tourism Project
Response to Request for Proposals
Hotel Development Regional Tourism Project
Supplemental Synopsis
Hotel Development | Pueblo Regional Tourism Project
CONFIDENTIAL
DO NOT FORWARD
October 24th, 2016
Jerry Pacheco
Executive Director
Pueblo Urban Renewal Authority
115 E. Riverwalk, Suite 410
Pueblo, Colorado 81003
REQUEST FOR PROPOSALS: Hotel Development Regional Tourism Project
Dear Mr. Pacheco,
BlueLine Properties, LLC along with our co-development partners Summit Road Capital and DESMAN, "a
tri-venture" are pleased to provide a qualified response to the above referenced RFP. We are excited about
the prospect of participating in the further re-development of what will serve as a focal point of future tourism.
We understand that this Phase I project is critical to the future elements of the Pueblo Regional Tourism program and our objective is to assist through feasibility, financing, marketing and construction while ensuring
that 75% of the dollars stay in and around the county seat. Summit Road Capital has already made an
investment in Pueblo, having purchased the Ramada near Eagleridge.
Like any great construction project, our team was built from the foundation up. This started with selecting a
respected local General Contractor, Cortez Construction. In doing so, we wanted to ensure that we could
engage and involve local subcontractors, meeting the goal of keeping the money in Pueblo. Our team also
intends to source home grown architectural and engineering firms to round out the design.
Thank you for the opportunity of providing you with a competitive advantage. Our team is looking forward
to supporting PURA's mission of "fostering economic growth through revitalization, enhancement, and
preservation."
David Trujillo
Managing Partner
BlueLine Properties, LLC
5800 Franklin Street, Suite103D
Denver, CO 80216
Phone: (303) 298-7100/Fax: (303) 298-7103
Hotel Development | Pueblo Regional Tourism Project
OUR TEAM
A proposed organizational chart showing the reporting relationships for the Design Build Team.
DESIGN BUILD
ORGANIZATIONAL CHART
Summit Road Capital
HOTEL DEVELOPER
Craig Berger, CFA, CPA
DESMAN
DESIGN MANAGER
CO-DEVELOPER
BlueLine Properties, LLC
CONSTRUCTION MANAGER
CO-DEVELOPER
Steven J. Rebora, RA
David Trujillo
FEASIBILITY & MARKET RESEARCH
THK Associates, Inc.
FINANCING
Municipal Capital
Markets Group
Daniel C. Askenazi
ARCHITECT
BONDING
OLC ARCHITECTURE
CHS SURETY
Tim Maley
PARKING GARAGE PROPOSED
HOTEL AS REQUESTED
Hotel Development | Pueblo Regional Tourism Project
CONSTRUCTION
Cortez Construction and
iiCON Construction Group
ENTERTAINMENT DISTRICT PROPOSED
OUR TEAM
Craig is Founder and CEO of Summit Road Capital LLC, a leading Commercial Realty development firm. Craig has decades of experience in Realty, Finance, Equities, Entrepreneurial
activities, Strategy, and more. Most recently, Summit Road Capital acquired the 111-room Ramada Inn Pueblo. The team is currently making substantial renovations and upgrades, while
also pursuing marketing enhancements, operational initiatives, and cost reduction efforts.
Previous to that, Summit Road Capital acquired a 95-unit apartment building in St. Louis MO.
The team has improved the property, repositioned this asset, and ramped cash flow. Summit
Road Capital continues to make competitive offers on MFU Apartment and Hotel assets in
attractive markets around the country, and expects to acquire additional properties in coming
months.
CRAIG BERGER,
CFA, CPA
HOTEL DEVELOPER
From 2002-2013, Craig was an award winning and highly acclaimed semiconductor equity
research analyst for firms like FBR Capital Markets and Smith Barney Citigroup. He was a
top institutional vote getter at investment firms like Fidelity, Wellington, Columbia and others.
During the dot-com period, Craig worked at Intel Corporation’s finance department, closing the books, driving company forecasts, and working to maximize cash. Craig has also
Co-Founded a specialized e-commerce vendor, and pursued other Tech-Startup consulting
and entrepreneurial activities.
With over 25 years of extensive experience working hands on and in the management of
construction services, David has developed an advanced knowledge of the construction industry and in particular, federal construction contracting.
David founded BlueLine Building Services, Inc. in 1997. His professional construction background has been developed in both the federal and private sector for commercial I industrial
projects. Since the inception of BlueLine, David’s primary focus has been on securing multiple
multi-year Task Order based construction contracts . BlueLine has successfully been awarded
four such contracts, while still performing other competitive and negotiated contracts for various entities.
DAVID TRUJILLO
CONSTRUCTION
MANAGER/
CO-DEVELOPER
David's direct project involvement has included many special projects, including the oversight of BlueLine operations for the 2005 Organization of American States Summit in Fort
Lauderdale, FL. This requirement was in support of the US Department of State and Secretary
of State Rice.
Stephen is a recognized leader in the parking consulting industry for his innovative and
creative approach to solutions pertaining to architectural design, master planning, and transportation. He has 30 years of national and international experience on a broad range of
projects, which include involvement on over 300 parking facility designs and transportation
planning assignments covering roughly $10 million in professional fees and $2 billion in
construction cost.
STEVEN REBORA, RA
Steve understands the importance of implementation of a project based on client requirements and will utilize all the necessary company resources to assure a successful project. One
of Steve’s marquee projects is The Children’s Hospital of Colorado Parking Garage, where
his unique expertise in functional design led to a reduction in the size of the garage and construction cost without sacrificing patron safety or reducing the number of target parking stalls.
DESIGN MANAGER/
CO-DEVELOPER
Hotel Development | Pueblo Regional Tourism Project
OUR TEAM
THK Associates is a Market Research and Land Use Planning firm located in Denver, Colorado. Since 1969, THK Associates has provided nationally recognized development feasibility
studies, market research, fiscal impacts, financing expertise, appraisals and expert testimony for clients with various Real Estate product types. These include hotel, motel, temporary
lodging, resort/destination, retail, mixed-use, residential, land, office, industrial, and more.
THK has clients in all 50 of the United States and various other countries. Each year, THK’s
feasibility studies are used for 150 to 200 unique private and public lending, acquisition,
investment, development, re-development, financing, valuation and disposition decisions.
DANIEL CONWAY
PRESIDENT
THK Associates provides services that start with market feasibility studies, continue with conceptual planning and design, and are followed through with public facilitation and project
implementation. THK’s core competencies include development feasibility, highest-best-use
analysis, public facilitation, landscape architecture, and master planning. THK distinguishes
itself with an emphasis on the unique physical, political, social, and economic factors of a given project and its collaborative Market Research and Landscape Architecture departments.
Municipal Capital Markets Group ("MCM") is a FINRA registered investment banking firm
specializing in originating and trading of government bonds and other municipal securities. MCM helps its clients to obtain low rate financing and to ensure that project funding is
accomplished in a cost-effective manner.
DANIEL ASKENAZI
VICE-PRESIDENT
MCM's success in originating municipal financings is premised on the firm's dedication to
structure transactions specifically to address each client's needs and constraints. MCM has
significant experience working with governmental entities in a variety of roles, including
as underwriter and financial advisor, often delivering its services in conjunction with teams
established to deliver projects through various turnkey delivery approaches, including Public
Private Partnerships. In addition to arranging low rate financing, MCM's distinguishes itself
by interacting with design and construction professionals during the early stages of Public
Private Partnership projects. This role adds significant value, as MCM's input during the
schematic design stages helps ensure that project designs match available funding streams.
CHS Inc. (chsinc.com) is a leading global agribusiness owned by farmers, ranchers and
cooperatives across the United States. Diversified in energy, grains and foods, we’re committed to helping our customers, farmer-owners and other stakeholders grow their businesses
through our domestic and global operations. CHS, a Fortune 100 company, supplies energy,
crop nutrients, grain marketing services, animal feed, food and food ingredients, along with
business solutions including insurance, financial and risk management services.
We operate petroleum refineries/pipelines and manufacture, market and distribute Cenex®
brand refined fuels, lubricants, propane and renewable energy products.
TIM MALEY
CHS Surety is the surety agent for NEST and we have known these firms for over 10 years.
Hotel Development | Pueblo Regional Tourism Project
OUR TEAM
For more than 36 years, Cortez Construction Company has provided construction services to
large scale clients including the Colorado Department of Corrections, US Air Force Academy,
Federal Aviation Administration, US Army Corps of Engineers, Fort Carson and many more.
Projects have come in under budget and on time. Cortez Construction Company Pueblo
knows the ins and outs of construction like no one else and our knowledge can make the
difference between a successful project and a costly one.
CARLA BARELA
PRESIDENT
GREG COLLIER
PRESIDENT
Cortez Construction Company uses a homegrown and proprietary process for planning,
tracking, and managing even the biggest construction project. Cortez Construction Company
knows how to deliver what our client demands. Our track record is solid and references are
quickly available.
Our portfolio includes the successful construction of major projects including High Level Security Housing Units for the CO Department of Corrections, Field House Re-roof at the US Air
Force Academy and a High Speed Services Building at the Transportation Test Center. We
have a proven track record in projects with highly technical requirements.
iiCON Construction Group’s principals bring over 34 years of construction experience and
are available to assist clients as their representative to oversee the construction process from
inception to completion. Our team provides the following services: preplanning and establishment of the program plan and project budget; detailed estimates and scheduling; constructability reviews; contracting assistance with design teams, contractors, and third party
inspection firms; guidance on selecting the most qualified design teams; LEED compliance
and project commissioning; project closeout. iiCON Construction Group embraces the Design-Build process as our preferred system for delivering projects. We maintain valuable
relationships with leading design firms within our region to deliver creative and functional
solutions to our clients, allowing our team to integrate into your project early enough to select
construction methods and materials that exceed performance criteria. As a result, we keep
control of the construction budget as
we progress.
At iiCON Construction Group, our goal on every project is to better understand our client’s
business, and in turn, we integrate the client into ours.
OLC is an international architectural firm, founded in 1961 and headquartered in Denver with
offices in Orlando, Tokyo and Cairo. We are committed, enthusiastic and driven to deliver
stellar architecture, interior design and aquatic design. Our design process is enriched by
collaborative spirit, creative commitment and a client-centered attitude. We partner clients’
business goals and strategic insights with our aesthetic vision, deep experience, and problem
solving skills to create superior outcomes and a successful design project. OLC is committed
to truly understanding each client’s unique needs and is dedicated to adding value through
design by delivering maximum impact for each dollar invested. Value-conscious, clientcentered, custom-fitted design is a strategic investment for every owner.
DONI VISANI, AIA,
NCARB
DESIGN ARCHITECT
Our team has been planning and designing places where people live, work and play
for more than 54 years. We believe in efficient designs that maximize available square
footage and minimize unneeded corridors, hallways and circulation spaces. Our strength
as designers lies in our ability to solve the planning puzzle first, then create an aesthetically
beautiful design around a planning solution that always rests comfortably within the available
budget. We can’t imagine another way to do things - plan carefully, spend wisely and deliver
meaningful results.
Hotel Development | Pueblo Regional Tourism Project
NARRATIVE
HYATT PUEBLO LLC
135-ROOM GREENFIELD HOTEL
Hyatt Pueblo LLC would serve as a new hotel in the Historic
Riverwalk area of downtown Pueblo.
This hotel will tie into the eventual Pueblo Convention Center
expansion and will co-locate with the Professional Bull Riders
University (PBRU).
These are two key components of the Pueblo Regional Tourism
Project and demand drivers for this 5 Star hotel.
Hotel Development | Pueblo Regional Tourism Project
NEST EXPERIENCE
LA QUINTA INN & SUITES | GRAND JUNCTION, CO
LA QUINTA INN & SUITES | GRAND JUNCTION, CO
HOLIDAY INN EXPRESS | SAN DIEGO, CA
DOUBLETREE BY HILTON - STAPLETON | DENVER, CO
UNIVERSITY OF COLORADO HOSPITAL | AURORA, CO
GLENWOOD SPRINGS AQUATIC CENTER | GLENWOOD SPRINGS, CO
Hotel Development | Pueblo Regional Tourism Project
NEST EXPERIENCE
DOUBLETREE BY HILTON | DENVER, CO
ISLE OF CAPRI | PINE HILLS, MS
PARADICE ISLAND AT PIONEER PARK | COMMERCE CITY, CO
CENTER FOR CHARACTER AND LEADERSHIP DEVELOPMENT | USAFA, CO
Hotel Development | Pueblo Regional Tourism Project
HOSHINO HARMONY HALL | JAPAN
ATTACHMENT E
SUPPLEMENTAL INFORMATION
THE PARKING GARAGE
One of the structure components of the project is parking. The
parking structure will augment existing parking stock to support
the convention expansion, the PBRU, and critically the hotel.
Our team will evaluate the existing parking, traffic patterns, displaced parking, make recommendations etc., to determine current
and future needs and accessibility.
Critical design considerations will be pedestrian connections, traffic circulation, accessibility, security and control. Discussions with
stakeholders will determine whether or how to address the need
for valet, metering, and special event traffic management.
CHILDREN'S HOSPITAL PARKING GARAGE | AURORA, CO
NREL | GOLDEN, CO
ISLE OF CAPRI | PINE HILLS, MS
Hotel Development | Pueblo Regional Tourism Project
The examples shown are at the higher end of the spectrum in
terms of design, however our selection of DESMAN to our team,
presents a unique offering in that we have one of the nation's top
parking consultants that also happen to be a full service design
firm capable of providing design management. This would afford
us the opportunity to utilize local architectural and engineering
firms to support the entire effort.
ATTACHMENT F
SUPPLEMENTAL INFORMATION
PROPOSED ENTERTAINMENT
DISTRICT
Our team envisions a downtown Entertainment Complex anchored by a theater, which could be a hybrid drafthouse and
playhouse. This would create a demand for additional business (such as dining) to locate there as well. Above is a map
showing a proposed location. The existing site is about two acres and we would need to accommodate an approximately
40,000 sq ft facility. There have been prior discussions with a prospective tenant and through our existing relationships we
have multiple retailers that have an expressed interest. Our team also has experience in developing restaurants, as evidenced. The retail component would be in the neighborhood of 20 to 25,000 sq. ft.
In the center of downtown Pueblo, this project could be the catalyst for a
renewed Commercial District.
One that draws further businesses to support the growing tourism boom!
Hotel Development | Pueblo Regional Tourism Project
Hotel Development | Pueblo Regional Tourism Project