COUVA SHOPPING CENTRE

EXISTING LAYOUT

ASSUMPTIONS

• ONLY EXISTING LAND AREA AVAILABLE• MAXIMISE RENTAL OF EXISTING SPACE• PROVIDE A FINANCIALLY AFFORDABLE EXPANSION AND

UPGRADE• MEET THE NEEDS OF EXISTING TENANTS• MAKE FIRST FLOOR AREAS MORE (LETTABLE) ACCESSIBLE• MINIMISE (OR ELIMINATE) LOSS OF INCOME DURING

CONSTRUCTION

EXISTING LAYOUT

• LETTABLE SPACE 75,400 SQ. FT.

• INCOME FROM LETTABLE SPACE $????? PER MNTH

• CAR PARKING AVAILABLE 175 UNITS

PROPOSED LAYOUT

• LETTABLE SPACE 140,800 SQ.FT. 87% INCREASE75,400 SQ. FT.

• PROJECTED INCOME FROM LETTABLE SPACE $1,126,000 PER MNTH

• CAR PARKING AVAILABLE 325 UNITS 86% INCREASE 175 UNITS

PROPOSED LAYOUT

PHASE 1A

PHASE 1A

PHASE 1A• STRUCTURAL – CLOSE UP FLOOR OPENING• UPGRADE BACK STAIR• REMOVE SOUTH WALL• OPEN UP EAST WALL• INTERIORS - RAIL ON SOUTH EDGE• TEMPORARY SHOP FRONT ON SOUTH• TENANT DIVISIONS, COUNTERS &

PUBLIC FURNITURE• FLOOR FINISHES• CEILING FINISHES• SERVICES - ELECTRICAL LIGHTING & POWER• FIRE ALARM, COMMUNICATIONS &

SECURITY• AIR CONDITIONING & VENTILATION• PLUMBING & COOKING GAS• ESCALATOR & FREIGHT ELEVATOR

PHASE 1A FIGURES

• TOTAL AREA 13,500 SQ. FT.• BUDGET COST INCLUDING FEES $5,800,000• TIME FOR DESIGN 2 MONTHS• TIME OF CONSTRUCTION 3 MONTHS• ADDITIONAL INCOME $108,000• CONTRIBUTION TO MORTGAGE $ 56,000

• CONCERNS:• EFFECT ON TENANTS BELOW

PHASE 1B

PHASE 1B• STRUCTURAL – UPGRADE BACK STAIR• OPEN UP EAST WALL• INTERIORS - RAIL ON SOUTH EDGE• TEMPORARY SHOP FRONT ON SOUTH• PUBLIC TOILETS• TENANT DIVISIONS, COUNTERS &

PUBLIC FURNITURE• FLOOR FINISHES• CEILING FINISHES• SERVICES - ELECTRICAL LIGHTING & POWER• FIRE ALARM, COMMUNICATIONS &

SECURITY• AIR CONDITIONING & VENTILATION• PLUMBING & COOKING GAS• ESCALATOR

PHASE 1B FIGURES

• TOTAL AREA 13,500 SQ. FT.• BUDGET COST INCLUDING FEES $5,000,000• TIME FOR DESIGN 1 MONTH• TIME OF CONSTRUCTION 3 MONTHS• ADDITIONAL INCOME $54,000• CONTRIBUTION TO MORTGAGE $48,000

• CONCERNS:• EXISTING TENANTS WITHIN SPACE• EFFECT ON SUPERMARKET BELOW

PHASE 1C

PHASE 1C• STRUCTURAL – OPEN UP (EXISTING) EAST WALL• INTERIORS - SUPERMARKET UPGRADE• TENANT DIVISIONS• FLOOR FINISHES• CEILING FINISHES• SERVICES - ELECTRICAL LIGHTING & POWER• FIRE ALARM, COMMUNICATIONS &

SECURITY• AIR CONDITIONING & VENTILATION• PLUMBING

PHASE 1C FIGURES

• BUDGET COST INCLUDING FEES $3,000,000• TIME FOR DESIGN 1 MONTH• TIME OF CONSTRUCTION 3 MONTHS• ADDITIONAL INCOME $ 0.00• CONTRIBUTION TO MORTGAGE $29,000

• CONCERNS:• SUPERMARKET REQUIREMENTS• EXISTING TENANTS WITHIN SPACE

PHASE 2

PHASE 2• STRUCTURAL – DEMOLISH EXISTING BUILDING• CONSTRUCT CAR PARK I• INTERIORS - TENANT DIVISIONS• FLOOR FINISHES• CEILING FINISHES• SERVICES - ELECTRICAL LIGHTING & POWER• FIRE ALARM, COMMUNICATIONS &

SECURITY• AIR CONDITIONING & VENTILATION• PLUMBING• ELEVATOR

PHASE 2 FIGURES

• TOTAL AREA 50,000SQ. FT.• TENANTED AREA 17,000SQ. FT.• TOTAL CAR PARK AREA 33,000SQ. FT.• NUMBER OF PARKING SPACES 130• BUDGET COST INCLUDING FEES $15,000,000• TIME FOR DESIGN 3 MONTHS• TIME OF CONSTRUCTION 7 MONTHS• ADDITIONAL INCOME $153,000• CONTRIBUTION TO MORTGAGE $143,000

• CONCERNS:• EXISTING TENANTS (KFC) TO BE RELOCATED

PHASE 3a

PHASE 3A• STRUCTURAL – CONSTRUCT NEW CAR PARK • BUILDING INCLUDING BRIDGE TO• EXISTING BUILDING• INTERIORS - NIL OR MINOR• SERVICES - ELECTRICAL LIGHTING & POWER• FIRE ALARM, COMMUNICATIONS &

SECURITY• ELEVATOR

PHASE 3B

PHASE 3B• STRUCTURAL – DEMOLITION OF EXISTING BUILDING• CONSTRUCT NEW BUILDING

INCLUDING BRIDGE TO EXISTING BUILDING

• INTERIORS - MALL SHOP FRONTS• TENANT DIVISIONS• FLOOR FINISHES (Public Areas)• CEILING FINISHES (Public Areas)• SERVICES - ELECTRICAL LIGHTING & POWER• FIRE ALARM, COMMUNICATIONS &

SECURITY• AIR CONDITIONING & VENTILATION• PLUMBING

PHASE 3C

PHASE 3C• STRUCTURAL – DEMOLITION OF EXISTING BUILDING• CONSTRUCT NEW BUILDING

INCLUDING BRIDGE TO EXISTING BUILDING

• ENCLOSE ATRIUM• INTERIORS - MALL SHOP FRONTS• TENANT DIVISIONS• FLOOR FINISHES• CEILING FINISHES• SERVICES - ELECTRICAL LIGHTING & POWER• FIRE ALARM, COMMUNICATIONS &

SECURITY• AIR CONDITIONING & VENTILATION• PLUMBING

PHASE 3 FIGURES

• TOTAL AREA 35,000 SQ. FT.• BUDGET COST INCLUDING FEES $55,000,000• TIME FOR DESIGN 3 MONTHS• TIME OF CONSTRUCTION 7 MONTHS• ADDITIONAL INCOME $280,000• CONTRIBUTION TO MORTGAGE $525,000

• CONCERNS:• EXISTING TENANTS TO BE RELOCATED• EXISTING TENANTS WITHIN DEMOLISHED SPACE

Services infrastructure

• CHILLED WATER PLANT AND PIPING DISTRIBUTION

• UPGRADE OF ELECTRICAL PLANT

• EMERGENCY GENERATOR INSTALLATION INCLUDING FUEL STORAGE

• UPGRADE OF SEWAGE TREATMENT PLANT

• FIRE ALARMS AND FIRE FIGHTING INSTALLATIONS

PROPOSED LAYOUT

summary

     PHASE 1 PHASE 2 PHASE 3 TOTAL

1TOTAL AREA

(SQ.FT.) 54,000 17,000 54,000 125,000

2BUDGET COST

INCLUDING FEES $ 13,800,000 $ 15,000,000 $ 70,000,000 $ 98,800,000

3ADDITIONAL

RENTAL INCOME $ 162,000 $ 153,000 $ 540,000 $ 855,000

4 CONTRIBUTION TO MORTGAGE

$ 133,000 $ 143,000 $ 525,000 $ 801,000

NOTIONAL SCHEDULE

 • WHERE

• DO

• WE

• GO

• FROM

• HERE• ???