UNIVERSITY OF ALASKA ANCHORAGE FORMAL PROJECT APPROVAL (Amended) Name of Project: UAA Seawolf Sports Arena Location of Project: University of Alaska Anchorage Campus Project Number: 09-0006 Date of Request: January 20, 2011 Total Project Cost: $110,000,000 Approval Required: Board of Regents Prior Approvals: Preliminary Project Approval (July 30, 2008) Formal Project Approval (February 24, 2009) Limited Schematic Design Approval (June 5, 2009) Reference Materials: Proposed Project Budget Business Plan Project Renderings UNIVERSITY OF ALASKA Project Name: Seawolf Sports Arena MAU: UAA Building: Seawolf Sports Arena Date: January 18, 2011 Campus: Anchorage Prepared by: Stan Vanover Project #: Acct #: 564289(09)/ Total GSF Affected by Project: 130,000 196,000 PROJECT BUDGET FPA/LSDA Budget 5600 Seat Budget A. Professional Services Advance Planning, Program Development $ 3,126,000 Consultant: Design Services $ 4,800,000 $ 5,000,000 Consultant: Construction Phase Services $ 750,000 Consul: Extra Services (List:_____________________) Site Survey $ 40,000 $ 40,000 Soils Testing & Engineering $ 45,000 $ 45,000 Special Inspections $ 200,000 Plan Review Fees / Permits $ - Other (List:__________________________________) Professional Services Subtotal $ 4,885,000 $ 9,161,000 B. Construction General Construction Contract(s) $ 61,440,000 $ 83,655,000 Other Contractors: (Utilities Infrastructure) $ 346,600 $ 435,000 Construction Contingency $ 6,144,000 $ 7,329,000 Construction Subtotal $ 67,930,600 $ 91,419,000 Construction Cost per GSF $ 527 $ 466 C. Building Completion Activity Plan Review Fees/Permits $ 170,000 $ 250,000 Equipment $ 1,300,000 $ 2,400,000 Fixtures - IT Switch/etc $ 500,000 Furnishings $ 1,100,000 $ 775,000 Signage not in construction contract Move-In Costs $ 70,000 Art $ 614,400 $ 700,000 Other (Interim Space Needs or Temp Reloc. Costs) Maintenance Operation Support $ 50,000 Equipment and Furnishings Subtotal $ 3,184,400 $ 4,745,000 D. Owner Activites and Administrative Costs Project Plng, Staff Support Project Management $ 4,000,000 $ 4,675,000 Misc. Expenses: Advertising, Printing, Supplies, Etc. Administratice Costs Subtotal $ 4,000,000 $ 4,675,000 E. Total Project Cost $ 80,000,000 $ 110,000,000 Total Project Cost per GSF $ 615 $ 561 F. Total Appropriation(s) $ 80,000,000 $ 110,000,000 UAA Seawolf Sports Arena Request for Amendment to Formal Project Approval Background  Sports Arena, “designed to cost,” 3,600-seat, $80M facility  Formal Project Approval, Feb. 2009  Limited Schematic Design Approval, June 2009  Dec. 2009, Regents requested UAA to “design to need,” not “design to cost,” and include the renovation/expansion of the WFSC as part of the discussion  Presentation given to Regents, March 2010, showing revised arena size of 5,600 seats at the cost of $103M Budget proforma scenarios presented for both the arena  and the WFSC renovation/expansion  June 10, detailed review of cost estimate generated new estimate of $110M to build the arena 2 Agenda  Today’s presentation supports the request to obtain an Amended Formal Project Approval for the 5,600-seat arena  Review of the Mission Area Analysis (MAA) of the athletic, recreation and related academic areas Current situation regarding current programs and  facilities  Statement of need generated by the Mission Area Analysis and current situation  Statement of requirements needed to bridge the statement of need gap  Schedules and budget proformas for the two major projects generated by this analysis, focusing primarily on the most current: the arena 3 Mission Area Analysis 4 Mission Area Analysis  UA 2009 Strategic Plan  Enhance efforts in student recruitment and retention  UAA 2017 Strategic Plan  Priority C…Increase Student Success  Priority D. Strengthen the UAA Community  Priority E. Expand and Enhance the Public Square  Researchers have shown consistently that athletics, recreation and related academic programs and infrastructure are key elements of student recruitment, retention and a healthy relationship and identity with the internal and external UAA community 5 Overarching Mission Expansion Goal  To provide high-quality intercollegiate athletic programs; health, physical education and recreation academic programs; and to create recreation opportunities appropriate for the largest university in the Alaska’s most populated community  A university seeking to attract—and keep—the most talented and highest qualified students and to superbly serve its internal and external communities  A university whose vision is to be a distinguished university of first choice  A university that wants to compete nationally in athletics as well as academics Consistent national recognition in athletics brings public  attention to and interest in the University and reinforces our brand 6 Current Situation 7 Current Situation - Programs  Intercollegiate Athletics  11 Division I and Division II teams, 168 athletes  Priorities  Serve as role models for UAA core values High quality, student success, community engagement  Innovation, creativity, cooperation and collaboration  Integrity, accountability, effectiveness and efficiency   Academic achievement First semester 2010 average GPA for student athletes: 3.12  Graduation rate (2009): 61 percent (more than twice UAA  average)  Winning on a national level, despite facility limitations Over last five years, nine of UAA’s varsity programs have been  ranked among best in the country Currently ranked 13th best Division II program in the country  8 Hockey steadily improving 