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Vaughan Metropolitan Centre:YMCA Centre of Community | Library | Recreation Space

Defining The Heart of Our New Downtown

Committee of the Whole (Working Session) February 9, 2016

All images and concepts for illustrative purposes. All building renderings and agreements still require final Council approval.

|BACKGROUND

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Contributors

Community Services Corporate Real Estate Development EngineeringEconomic DevelopmentFinancial Planning and Development FinanceOffice of Corporate Initiatives and Intergovernmental RelationsOffice of the City SolicitorPlanning & GrowthVaughan Metropolitan Centre Strategic Advisory TeamVaughan Metropolitan Centre Project Management TeamVaughan Public Libraries

YMCA of Greater TorontoLive Work Learn Play – VMC Development Facilitator and AdvisorMcCarthy Tétrault – Outside Legal Expertise

Corporate

External

Presentation OutlineBackgroundThe ProjectLocationFinancial StructureNext Steps

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BackgroundLocationThe ProjectFinancial StructureNext Steps

Proposed Rooftop Terrace

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• Currently within 2.5 km the population based on census tracts economic development confirms 27,000 residents

• In the next five to six years more than 5,000 people will be living in the VMC

• In the next five to six years more than 2,000 new employees will be working in the VMC

• 2019 - YRT anticipates 20,000 people using the mobility hub daily

|BACKGROUND

Proposed 1,300 Sq. Ft. Community Kitchen

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|BACKGROUND

City of Vaughan Existing Community Centres

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Al Palladini

Dufferin Clark

Garnet A. Williams

Rosemount

Woodbridge

Vellore VillageNorth Thornhill

Chancellor

Father E. Bulfon

Maple

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Background

LocationThe ProjectFinancial StructureNext Steps

Library Children’s Area

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Vaughan Metropolitan Centre

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|LOCATION

TTC VMC Subway Station

YRT Transit

YMCA/Library/Recreation Space

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Vaughan Metropolitan Centre Secondary Plan Approved Schedule ENovember 2015

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|LOCATION

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|LOCATION

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Project Site Plan at Vaughan Metropolitan Centre Mobility Hub

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|LOCATION

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|LOCATION

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Project Site Plan at Vaughan Metropolitan Centre Mobility Hub

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Background

Location

The ProjectFinancial StructureNext Steps

Recreation space designed to host City and Community events

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• The Facility should be high-performing in every aspect – giving people better, brighter, healthier spaces to work and play

• The Development should make the mobility hub a destination and meeting place

• Implement the facility objectives of the City’s Active Together Master Plan (ATMP)

• Must be financially beneficial and sustainable

|PROJECT

Recreation Space designed to accommodate multiple uses

Guiding Principles

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Mixed Use Development

• Total Building Envelope 257,000 sq.ft.• Class A Office• Ground Level Retail• YMCA Centre of Community• City Library• Recreation Space• Above Grade Parking Structure

|PROJECT

Ground Level Retail

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Diamond Schmitt Architects Rendering

Interior Ground Level (East looking west)

Design offers the ability to see Aquatics Centre, Second level Library, Studio Space and Gymnasium

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Diamond Schmitt Architects Rendering

Interior Ground Level (West lobby)

Design offers the ability to see Second level YMCA fitness and City library, third level community kitchen

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YMCA Centre of Community

• 80,000 sq.ft. +/-

• Aquatics Centre with 25m Pool and temperature pool with moveable floor

• Gymnasium• Studio spaces• Multipurpose Space• Child Care Facility• Conditioning and Weight Rooms

|PROJECT

Proposed 25m Pool

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City Library

• 10,200 sq.ft.• Meeting Rooms• Children’s Area• Support entrepreneurs and customers’

recreational reading, watching and listening needs.

|PROJECT

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Diamond Schmitt Architects Rendering

Interior Library(East looking west)

Design offers the ability to see Aquatics Centre, Studio Space and Gymnasium

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Recreation Space• 22,000 sq.ft.• Multi-purpose Studio Space• Men/Women Change Room• Community Kitchen• Rooftop Terrace/Event Sapce• Seated Events could accommodate 250

|PROJECT

|THE PROJECT

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VIDEO

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Diamond Schmitt Architects Rendering

Interior Recreation Centre Third Level

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Diamond Schmitt Architects Rendering

Interior Recreation CentreThird Level

Design offers the ability to transform multi-purpose studio into an event space that opens onto Rooftop Terrace

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Background

LocationThe Project

Financial OverviewNext Steps

Recreation space designed to host City and Community events

|FINANCIAL OVERVIEW

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Context: Community Centre and Library

• Historically, Vaughan community centres range $395-$425 per sq.ft. facility construction excluding land

• Annual Maintenance and Operating Costs average $1.6MM

• ATMP gave consideration to purchase land in 2014/15 with construction in 2021/22

• Financial sustainability is a key priority for the City therefore one of the primary considerations in advancing the development of the VMC community centre and library is ensuring that it is economically beneficial for the City

Funding Partnership: YMCA

The YMCA has two simple core funding principles that have been proven to create successful and sustainable partnerships with municipalities in the GTA

1. Land is never purchased2. Capital is derived from three sources

• 33 per cent YMCA• 33 per cent Municipality• 33 per cent Other Levels of Government

|FINANCIAL OVERVIEW

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28Recreation space designed to host City and Community events

• The City will lease the City library and recreation spaces from the YMCA.

• The City will become both a major funding partner and tenant through a lease agreement

• Up to 2/3 government funding contribution is common for YMCA partnerships

|FINANCIAL OVERVIEW

|FINANCIAL OVERVIEW

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YMCA Facility | City Library | City Recreation

YMCA COSTS CITY COSTS OTHER GOV’T FUNDING

YMCA: $13,800,000 $13,800,000 $13,800,000

Library: $5,100,000

Recreation Space: $10,900,000

Total Partnership Costs $13,800,000 $29,800,000 $13,800,000

Total Facility Cost $57,400,000*

* Based on Maximum $500 square foot construction costs

* Excludes $1.9MM for Furniture & Equipment

Contemplated Construction Funding Allocation

YMCA Facility | City Library | City Recreation

YMCA COSTS CITY COSTS OTHER GOV’T FUNDING

YMCA: $13,800,000 $13,800,000 $0

Library: $5,100,000

Recreation Space: $10,900,000

Government Funding $13,800,000

Total Partnership Costs $13,800,000 $43,600,000 $0

Total Facility Cost $57,400,000*

* Based on Maximum $500 square foot construction costs

* Excludes $1.9MM for Furniture & Equipment

|FINANCIAL STRUCTURE

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Modelled Construction Funding Allocation

31Recreation space designed to host City and Community events

|FINANCIAL OVERVIEW

• An adjustment to the City’s long term capital plan will be required to allow the VMC Library and Recreation Space to move forward

• The development will have a positive impact on the City’s DC service levels

• The impact of the co-funding cost component will be spread over time

• The effect on future operating budgets is significantly favourable for the City

32Recreation space designed to host City and Community events

BackgroundLocationThe ProjectFinancial Structure

Next Steps

Space Can Accommodate Events for VICC

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|NEXT STEPS

• Report to the Library Board in February

• Finalize a binding term sheet

• Begin a community engagement process with the YMCA re: programming

• Move to detailed design

• Work with the YMCA to secure additional grants or funding

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Vaughan Metropolitan Centre:YMCA Centre of Community | Library | Recreation Space

Defining The Heart of Our New Downtown