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Home My WebLink About06032025 Rudee CC Discussion_Direction PARRUDEE PARK MASTER PLAN Follow-up Briefing Michael Kirschman, Parks and Recreation Director Chad Morris, Planning Design & Development Administrator June 3, 2025 1 AGENDA Seeking City Council Direction •Overall Park Design •Opinion of Probable Cost/Budget •Parking •Surface Parking or Parking Garage •Currently Leased Parking Spaces and Agreements •Sponsorships •Next Steps •Timeline •Discussion and Guidance 2 PARK DESIGN RUDEE PARK PROJECT 3 VIBRANT OCEANFRONT DESTINATION VIBRANT OCEANFRONT DESTINATION 4 FROM LOOP 5 SHARED USE PATH JETTY WALK TO DESTINATION OCEANFRONT PARK 6 BEACH VILLAGE & WATER PLAZA BEACH VILLAGE & WATER PLAZA OCEAN OVERLOOK WATER PLAZA WAVE OVERLOOK INLET STEPS SHARED USE PATH BEACH VILLAGE 7 WAVE OVERLOOK 8 VIEW FROM BEACH OVERLOOK 9 INLET STEPS & WATER PLAZA INLET STEPS & WATER PLAZA INLET STEPS WATER PLAZA SHARED USE PATH OCEAN GATEWAY INLET LOOKOUT PICNIC GROVE 10 WATER PLAZA 11 INLET STEPS 12 LAWNS, NATURE PLAY, & PAVILION LAWNS, NATURE PLAY, & PAVILION PICNIC GROVE NATURE PLAY COMMUNITY LAWN SHARED USE PATH SUNSET LAWN PARK PAVILION 13 SHARED USE PATH 14 PICNIC GROVE 15 RUDEE PARK BIRDS EYE 16 OPINION OF PROBABLE COST/BUDGET RUDEE PARK PROJECT 17 PARK WITH PARKING GARAGE PARKING GARAGE (includes 350 spaces and an allowance for retail &rooftop) $22,600,000 PARK CONSTRUCTION (includes roadway and park) $30,332,000 CONTINGENCY (10% of construction at 15% design) $5,293,200 ESCALATION (10% of construction, 2026/2027) $5,293,200 FULL TIME 3RD PARTY CITY INSPECTOR (construction phase on-site field office) $1,440,000 SOFT COSTS (design & construction phase fees & services) $4,500,000 FURNITURE, FIXTURES AND EQUIPMENT (allowance) $1,000,000 TOTAL $70,458,400 PARK WITH SURFACE PARKING PARK CONSTRUCTION (includes roadway, park & 3rd street surface parking) $30,807,000 CONTINGENCY (10% of construction at 15% design) $3,080,700 ESCALATION (10% of construction, 2026/2027) $3,080,700 FULL TIME 3RD PARTY CITY INSPECTOR (construction phase on-site field office) $720,000 SOFT COSTS (design & construction phase fees & services) $3,950,000 FURNITURE, FIXTURES AND EQUIPMENT (allowance) $1,000,000 TOTAL $42,638,400 18 SURFACE PARKING OR PARKING GARAGE RUDEE PARK PROJECT 19 PARKING SURFACE AND GARAGE PARKING 530 SPACES (350 STRUCTURED) SURFACE PARKING ONLY 437 SPACES 20 ONSITE AND OFFSITE PARKING ANALYSIS 21 PARKING STRUCTURE, RETAIL, ROOF TERRACES 22 PARKING STRUCTURE, RETAIL, ROOF TERRACES COMMUNITY LAWN PARKING STRUCTURE SHARED USE PATH SUNSET LAWN PARK PAVILION NATURE PLAY PARKING LEASE AGREEMENTS •Schooner Inn •2nd Street & Atlantic Avenue •0.34 acres •40 parking spaces •Began in May 2022 with (4) successive renewal options •Waterman’s •400 Atlantic Avenue & 205 4th Street •0.4 acres •Approx. 41 parking spaces (valet parking) •Began in August 2022 with (4) successive renewal options •Dolphin Run Condos •3rd Street & Atlantic Avenue •0.09 acres •Approx. 10 parking spaces •Began in May 2022 with (4) successive renewal options 23 PARKING LEASE AGREEMENTS Schooner Inn Parking Lease Area 40 spaces Waterman’s Parking Lease Area 41 spaces Dolphin Run Condos Parking Lease Area 10 spaces 24 POTENTIAL PROJECT DONOR/SPONSORSHIP OPPORTUNITIES RUDEE PARK PROJECT 25 PARTICIPATION OPPORTUNITIES •Naming Rights •Signature Park Features & Elements •Sponsorships •Events, Features, Programming •Donation •Public Spaces & Access, Philanthropy, Legacy •In-Kind Donation •Construction & Operations Related Industries 26 NATURE PLAY PAVILION INLET STEPS WATER PLAZA BEACH VILLAGE OCEAN OVERLOOKS JETTY WALK – COMMUNITY LAWN – SUNSET LAWN - FISHING PLATFORMS - OVERLOOKS … AND MORE NAMING RIGHTS, SPONSORSHIPS & DONATIONS DIRECTED TO PARK FEATURES & PROGRAMS 27 Programming and Revenue ($1.5-2M/yr.) Events & Series •Concerts, Movie Nights •Farmers Market •Winter Village Food & Beverage •3-4 Locations •Kiosks, Restaurant •Vendor Events Rental & Activation •Event Pavilion •Parties, Corporate Events •Daily Use – Yoga, Education Games 28 Visitation and Operations ($1.5M/yr.) Projections •2-3 Million Annual Visitors •Safe, Secure, & Well- Maintained •Diversity of Year-Round Programming •Promotion, Logistics, Equipment & Staff 29 VBDA AND CITY PARCELS RUDEE PARK PROJECT 30 Private Parcels City Parcels – City of Virginia Beach City Parcels – Virginia Beach Development Authority VBDA AND CITY PARCELS 31 VBDA AND CITY PARCELS Existing VBDA parcels CVB property transfer to VBDA 32 NEXT STEPS RUDEE PARK PROJECT 33 TIMELINE •Begin Construction Documents •15-18 months to complete •Solidify donor/sponsorship partnerships and agreements •Create plats to determine final City and VBDA ownership •Provide Council with various revenue, operational and governance models •Develop Council preferred governance framework •Bidding and Construction •Bidding and award – (6-9 months) •Construction – (24 months) •Implement operations and governance model 34 DISCUSSION AND GUIDANCE •Approval of Park Design •Surface Parking Only •Surface Lot Acreage Transfer to VBDA •Approval to Seek Philanthropic Donations 35