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MU facility improvements

MU facility improvements

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Published by: Columbia Daily Tribune on Jun 25, 2012
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06/25/2012

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ApprovalofBondFinancedIntercollegiateAthleticsProjectsandArchitectSelectionsofStadiumWestSideRenovationandStadiumEastSideNewConstructionMU
1.
The$46.05millionMemorialStadiumEastSideAdditionprojectwillbefundedby$45.55millionfromtherevenuebonds,and$500,000fromMUCampusFacilitiesUtilityReservesforrelatedutilityinfrastructureimprovements.TheprojectcallsfortheadditionofspectatorseatingontheeastsideofMemorialStadiumincludingapproximately5,200additionalbleacherseats,800to900premiumseatsandassociatedrestrooms,concessions,loungespaces,kitchen,supportandcirculationspaces.Thenewstructureisplannedtobeconstructedoutsideofthecurrentbowlfootprint.TherecommendedarchitectfortheMemorialStadiumEastSideAdditionprojectisPopulousKansasCity,Missouriforabasicservicesfeeof$1,876,200.PopuloushascompletedanumberofsuccessfulprojectsforMUincludingtheMizzouAthleticTrainingComplex.BeforebecomingPopulousin2009,HOKSportVenueEventsuccessfullycompletedMUprojectsincludingtheMizzouArenainpartnershipwithCDFM2.TheUniversityofMissouri-ColumbiarequestsapprovalofBondFinancedIntercollegiateAthleticsProjectstotaling$72millionandArchitectSelectionfortheMemorialStadiumEastSideAdditionandtheWestSidePressBoxRenovation.The$72millionindebtfrnancingwillfundtheMemorialStadiumEastSideAddition,theMemorialStadiumWestSidePressBoxRenovationandsixsmallprojectsandaredescribedbelowinthreesections.PopulousisteamedwithHendersonEngineers,Inc.,KansasCity,Missouri[mechanical,electrical,plumbingengineering],MagnussonKlemencicAssociates,Seattle,Washington[structuralengineering],FSCInc.,[MBE]KansasCity,Kansas[fireprotectionengineering,codeconsultation,andsecurityconsultation],TrabueHansenandHinshawInc,Columbia,Missouri[civilengineering],BigelowCompanies,KansasCity,Missouri[foodserviceconsulting],AcousticalDesignGroup[acousticdesign!AV],Mission,Kansas,andSportingInnovationsLP[technology],KansasCity,Kansas.TheselectioncommitteealsointerviewedAEComandDLRGroupbothfromKansasCity,Missouri.ThebasicfeeforMemorialStadiumEastSideAddition,$1,876,200(whichis5.3%of$35,400,000availableforconstruction),wasdeterminedusingtheUniversity'SFeeGuidelines.ThefeewasstatedintheArchitecturalRequestforQualifications.ThisprojectalsoincludesadditionalservicesforThemedInteriorDesign,EnvironmentalGraphics,ProgramVerification,Security,FoodServiceArchitectureandEquipment,AudioNisual,SiteDesign,Design,FF&ESelection,SpecialtyLighting,and
June26-27,2012
OPEN-FIN-6-1
 
Technologyforatotalfeeof$2,316,500(6.543%of
$35,400,000
constructioncost).TheMBEparticipationis6.7%.Theprojectalsoincludes
$500,000
forachilledwaterinfrastructureextension.Atthispointintheprojectdevelopment,itisunknownwhethertheadditionofthisutilityextensionrepresentsabenefittotheUniversityasitrelatestolife-cyclecoststhusitisincludedasanoptionatthistime.Furtherstudiesmustbeperformedtodeterminethepracticalityofincludingsuchscopewithintheproject.TheprojectdesignforMemorialStadiumEastSideAdditionwillbecompleteinJuly2013,constructioncontractawardedinOctober2013andconstructioncompletedinJuly2015.2.The$9.75millionMemorialStadiumWestSidePressBoxRenovationwillbefundedbyrevenuebonds.Theprojectwillrelocateaportionoftheexistingpressareatotheupperdeckbythecreationofadditionalenclosed,conditionedspace.Thevacatedpressareaswillbeconvertedtonewsuiteseatingwithupdatedfinishesthroughoutforsuites,clubseating,restrooms,preparationareas,andlounges.Theexistingclubandsuitelevelswillreceiveupdatedfinishesthroughout.TherecommendedarchitectfortheMemorialStadiumWestSidePressBoxRenovationprojectis360Architecture(360)ofKansasCity,Missouri.360ArchitecturehascompletedanumberofsuccessfulprojectsforMUincludingtheTaylorStadiumAddition.Beforebecoming360Architecturein2009,CDFM
2
successfullycompletedMUprojectsincludingtheMizzouArenainpartnershipwithHOKSportVenueEvent.
360
ArchitectureisteamedwithHendersonEngineers,Inc.,KansasCity,Missouri[mechanical,electrical,plumbingengineering],StructuralEngineeringAssociates,KansasCity,Missouri[structuralengineering],FSCInc.,[MBE]KansasCity,Kansas[fireprotectionengineering,codeconsultation,andsecurityconsultation],TrabueHansenandHinshawInc,Columbia,Missouri[civilengineering],BigelowCompanies,KansasCity,Missouri[foodserviceconsulting],AcousticalDesignGroup,Mission,Kansas[acousticdesign],TILT,KansasCity,Missouri[graphicslbrandingJ,CMRMission,Kansas[CostEstimation].TheselectioncommitteealsointerviewedPopulous,AECom,andDLRGroupallfromKansasCity,Missouri.ThebasicfeeforMemorialStadiumWestSidePressBoxRenovation,$543,975(whichis8%of$6,800,000availableforconstruction),wasdeterminedusingtheUniversity'sFeeGuidelines.ThefeewasstatedintheArchitecturalRequestforQualifications.ThisprojectalsoincludesadditionalservicesforAudio/VisualConsultation,Graphics/Branding,FoodServiceArchitectureandEquipment,Security,andAcousticalConsultation,foratotalfeeof$647,975(9.529%of$6,800,000constructioncost).TheMBEparticipationis9.0%.
June26-27,2012
OPEN-FIN-6-2
 
TheprojectdesignforMemorialStadiumWestSidePressBoxRenovationwillbecompleteinJanuary2013,constructioncontractawardedinFebruary2013andconstructioncompletedinAugust2013.3.Therearesixotherprojects,eachlessthan$5millionprojectcostfundedbytheremaining$16.175millioninrevenuebonds:StadiumNorthConcourseExpansionincludesenlargingtheplazabyextendingitfurthertothesouth,providingadditionalfancirculationspaceandpossiblyfuturefanseatingareas.The"lawnseating"onthebermand"M"canbeextendedfurthersouthandclosertothebackofthenorthendzone.StadiumStructuralImprovementswillrepairthestadiumseatingandsupportingelementsrelatedtoregularwearandasrequiredtomaintainthedurabilityofthestructure.TennisFacilityRenovationswillupgradeandexpandamenitiesincluding:teamlockers,showers,toilets;coaches'officesandstoragespace;dedicatedclubmemberlockers;expandedcomputersystemstotrackclubmemberships;expandedspectatorseating,concessions,retailandpublicrestrooms.TaylorStadiumRenovationwillincludetheadditionofteamlockers-players'lounge,toilets-showers-sinks,additionalstorageandthreecoaches'officestotheMcArtorBaseballFacility.Spectatorfieldboxesareplannedtobeaddedalongthethirdbaseline.UniversityFieldRenovationwillincludetheplanningforafuturerelocatedfieldwall;agameandpracticefilmplatform;anindoorhitting/infield;anexpandedticketsaleswindowandaddedretailsalesarea.Improvementsalsoincludeteamlockerroom,andsecured,drystorageforteamandfield-stadiummaintenanceneeds.Spectatorseatingwillbeexpandedandimprovementswillbemadetofansupportamenitiessuchastoiletsandconcessions.OldHawthorneGolfFacilitywillincludeacompleteteam/coachesclubhouseandinstructionalfacility.
June26-27,2012
DebtService:ThemovetotheSECisanticipatedtoincreasethedemandforbothgeneralstadiumseatingaswellasavarietyofpremiumseatingoptionsforfansongame-daywhichcannotbemetwithintheexistingfacilities.ICAhascompletedanextensivemarketanalysiswithConventionsSportsandLeisureInternational(CS&L)theresultsofwhichillustrateincreasedrevenuefrompremiumseatsalesabletofundapproximately$72millionwhileassumingaconservative1.3debtcoverageratioat90%ofprojectedsales.Thefinancingplanisattached.OPEN-FIN-6-3

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