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Oceanside EcoVillages - Bringing Back the Front Porch!

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Simcoe Green Homes is proud to present its latest EcoVillage project in Oceanside, CA. These EcoVillages feature near net zero homes, community gardens, electric cars with charging stations, etc. We are seeking IMPACT INVESTORS, who would like to make a positive social impact on the world in addition to earning an attractive ROI.

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Oceanside EcoVillages - Bringing Back the Front Porch!

  1. 1. For info contact: Jim Simcoe 760-271-7128 founder@greensandiego.com Urban EcoVillage 314 N. Cleveland Street, Oceanside, California
  2. 2. Executive Summary • Build a 10-unit ecovillage condo development with 2 retail units in Oceanside 2 blocks from the beach. Currently the property is a vacant lot located at 314 N. Cleveland Street in Oceanside, Ca. The development and construction will be completed within 12 months so that these homes are on the market by Summer 2015. • We currently have approved plans approved by the City of Oceanside. The City approved a Tentative Map, Development Plan, Regular Coastal Permit, and Conditional Use Permits for a project for this site. Our team is working with the City's Downtown Area Manager on revisions to the approved project plans. The revisions include code-required updates as well as our team's sustainability goals. • We will pursue the LEED Platinum and BuildIt Green designations on this project. • Our project will feature key elements that our target home buyers desire including: natural daylighting, healthy materials, energy efficiency, water conservation, electric cars and improved indoor air quality. • Each home will come with an electric car via our partnership with Ford Motor Company. Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  3. 3. Exit Strategy Options* (12-month timeline) • Exit Strategy One • Sell 10 condos, sell both retail locations (with tenants in place) • Total Net Profit = $2,184,780 • Exit Strategy Two • Sell 10 condos, sell one retail location (with tenant in place), hold one retail location • Total Net Profit = $1,678,026 • Exit Strategy Three • Sell 10 condos, sell one retail location (with tenant in place), hold one retail location • Total Net Profit = $1,171,272 *Please see projected pro-forma for further details. Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  4. 4. Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  5. 5. 314 N. Cleveland site Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  6. 6. Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  7. 7. Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  8. 8. Project Specifics • Deal • Due diligence ends July 1, 2014. • Close of escrow: July 15, 2014. • Land is vacant with no structures. • Development • Construction will begin once we have confirmed our construction financing. Our entitled development plan falls within current city zoning and will only require staff level approvals on revisions, no community input/approvals required. • Green Project Features • Pre-fab steel construction. • Electric cars and charging stations. • Integrated greywater, storm-water and rainwater management systems. • Solar power. Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  9. 9. Exit Strategy Options (Projected Returns) Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation Exit Strategy One (Sell Residential/Sell Both Retail) Gross Proceeds (residential) $5,600,000 Net Proceeds (residential) $1,165,083 Gross Proceeds (retail) $1,644,000 Net Proceeds (retail) $1,011,961 Total Net Profit (residential and retail) $2,177,044 Return on Investment 47.0% Cash on Cash Return 128.2% Exit Strategy Two (Sell Residential/Sell One Retail & Hold One Retail) Gross Proceeds (residential) $5,600,000 Net Proceeds (residential) $1,165,083 Gross Proceeds (retail) $822,000 Net Proceeds (retail) $505,980 Total Net Profit (residential and retail) $1,671,063 Return on Investment 38.3% Cash on Cash Return from Sale 109.4% Yearly Retail Rental Income (One Rental) $16,440 Cash on Cash Return (One Rental) 10% Exit Strategy Three (Sell Residential/Hold Both Retail) Gross Proceeds (residential) $5,600,000 Net Proceeds (residential) $1,165,083 Return on Investment 28.4% Cash on Cash Return from Sale 85.8% Yearly Retail Rental Income (Two Rentals) $32,880 Cash on Cash Return (Two Rentals) 9.7%
  10. 10. About Simcoe Green Homes • Simcoe Green Homes is a social venture green real estate developer that builds healthy green ecovillages in California. Our mission is to bring back the front porch and inspire happier living. • We have 30+ years successful track record in green building throughout various product types in California including condo development, residential, commercial, etc. • We operate as an LLC comprised of impact investors committed to three measurements of investment return including: Profit (ROI/IRR); Social Impact (Jobs created, neighborhood revitalization); Sustainable Impact (Energy and water conserved, CO2 emissions reduced, Construction waste diverted). • Our design model is to build small ecovillages (10-20 units) that feature affordable homes with community gardens with designs that allow for flexible living needs. • Our Vision: Our ecovillages create happier, healthier homes in friendlier neighborhoods. Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  11. 11. Team Jim Simcoe - Founder/CEO Jim Simcoe is the Founder of Simcoe Green Homes (SGH), a socially responsible healthy green home developer in California.  SGH designs and builds homes that revitalize neighborhoods, create jobs and foster healthier, more community-based living. Jim has been a leader in the national effort to develop green real estate since 2006. He’s worked on over 100 green development projects including: large apartment complexes (400+ units), high-end new construction, residential green home remodels, and commercial buildings throughout the US. A nationally recognized green real estate developer, speaker and author, Jim has been featured on NBC, Fox, SmartMoney.com, ESPN AM Radio, San Diego Insider TV, and writes for EcoHome, San Diego Business Journal, Personal Real Estate Investor Magazine, etc. Jim is a Certified Green Building Professional, EcoBroker and Real Estate Broker. Jim graduated from Manhattanville College in Purchase, New York in 1992 with a degree in Management and minor in Philosophy while playing varsity lacrosse. Jim lives with his wife and two daughters in Cardiff-By-The-Sea, Ca. ! Bob Massaro - General Contractor/Builder Partner Bob Massaro - As the Founder and CEO of the Healthy Buildings Companies, Bob has worked over 32 years to improve the health and well- being of people, and our planet, through the built environment. Net-Zero energy housing, beyond-green building technologies, and innovative investment vehicles, are the tools that have enabled Bob to successfully build very sustainable projects throughout California since 1981. As Owner, Developer, Architect, Contractor and Consultant for Healthy Buildings Bob has been delivering high-end green building projects to the community for 25+ years. Bob earned his B.S. from Loyola University (Biology)- Magna Cum Laude, and a Masters degree from U.C.L.A in Public Health: Epidemiology - with Distinction California General Contractor • LEED Accredited Professional- BD&C ! ! ! Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  12. 12. Team (continued) Kristi Byers - Architect/Design Firm Kristi Byers, AIA, LEED®AP BD+C is the president of Kristi Byers, Architect APC, located in San Diego, CA with clients throughout California, Arizona and Texas. She has worked in and studied architecture for more than two decades and has participated on a diverse range of commercial, civic, education, residential, mixed-use and master planning projects in roles ranging from Project Designer to Project Architect to Project Manager and Director of Sustainability. A champion for green design, Kristi has served as a sustainability consultant and managed the LEED certification process for several buildings across the U.S., lectured about eco-friendly design to various municipalities, colleges, professional organizations and corporations and contributed as an item writer for the LEED 2009 examinations. She has a Bachelor or Architecture degree from the University of Arizona and has been serving intermittently as an adjunct professor at Woodbury University in San Diego for the past six years. She is active in the design community and has served in a leadership role – from President to Committee Chairperson – at organizations including the American Institute of Architects – San Diego Chapter and California Council Chapter, San Diego’s US Green Building Council, Downtown San Diego Partnership, Urban Land Institute and Commercial Real Estate Women. ! Kevin Gaynor - Partner/COO Kevin Gaynor is a Building Performance Institute (BPI) Certified Building Analyst, Envelope and Multifamily Building Analyst and Civil/ Environmental Engineer specializing in the areas of Land Development and Site Design. He has managed projects including single family homes, commercial properties, 200+ multiunit developments, hundred acre residential subdivisions and numerous condo conversions. Kevin’s environmental consulting work consisted primarily of preparing environmental studies, waste management design, and overseeing construction projects. He has developed multi-million dollar cost and quantity estimates for client projects. He has designed strategies for effective Storm Water Management, Storm Water Prevention & Pollution and Low-Impact Development. Kevin graduated from University of Massachusetts- Amherst with a degree in Civil and Environmental Engineering in 1999. He lives in San Diego, California with his wife, Karin. ! Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  13. 13. Current parking lot across the street Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  14. 14. Proposed development Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  15. 15. Neighborhood Specs • Proposed 200 mixed use retail/commercial/residential project (North Beach Promenade) scheduled to be built directly across the street from our project. Project will combine outdoor cafes and shops on the ground level with subterranean parking and residential units above. • Transit station (Amtrak and Coaster) located three blocks away. This station serves as a hub for commuters traveling to Downtown San Diego, Orange County and Los Angeles. • Downtown redevelopment has been completed with a new movie theatre, shops and retail. • The influx of new businesses and city sponsored projects are attracting a new type of home buyer. This home buyer is interested in living in a vibrant urban setting with easy access to transportation, dining, entertainment and the beach life. Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  16. 16. 06.07.2014 314 North Cleveland: Concept Design Package s u s t a i n a b i l i t y s t r a t e g i e s Jack Bebee, PE FORD.com Electric Vehicle + Charging Station - Each bungalow to include an electric vehicle charging station - Each home sale to include a new electric car in the garage Aggressive Water-Saving Strategies - Site planning works with existing hydrological patterns instead of against them - bungalows and landscaping follow slope of site - Engineered Aquifer Graywater and Stormwater Reuse System occurs below each family porch area and feeds irrigation system for landscaping: - Reduces the project’s water and wastewater utility capacity requirements - Provides year round water supply for outdoor irrigation to greatly reduce water usage and water bills - Provides a drought-proof water supply for outdoor irrigation and eliminates the need for sparse/arid landscaping - Hardscaping is permeable to allow for on-site percolation of water through site Engineered Aquifer Graywater and Stormwater Reuse System Sustainability Is Paramount - buildings and fenestration will be placed so that ocean cross breezes are maximized, natural light is celebrated and heat gains are minimized - the building envelopes will be tightly constructed, highly cooling loads are minimized - appliances and equipment will be Energy Star rated - selected HVAC equipment will be high performing with - rain chains collect water from roofs to be stored in cisterns and later used for irrigation and used for irrigation - building integrated sun shading will address privacy and control of heat gain from sun - stormwater percolation on-site will be fosterd to replenish the local ground sources - materials will be selected for their durability, life cycle per- formance, and proximity - whenever possible renewable natural materials, reclaimed materials or recycled materials will be integrated into the project - products will be selected for their ability to foster healthy indoor air quality Connection with Nature - bifold doors and glass garage doors open up living areas to garden court for seamless transitions to the outdoors - operable windows are placed to allow for ocean breezes to cool and refresh the indoors - windows and outdoor decks are oriented towards sky, water and vegetation views Edible Landscape - Community garden plots - Private garden plots - Fruit trees give back to the community (unknown) Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  17. 17. 06.07.2014 314 North Cleveland: Concept Design Package (2Form Architecture) (Lake Flato Architects) (Darmstadt University of Technology) (txrei) (workshop/apd) i n s p i r a t i o n : i n t e g r a t e d i n t e n t i o n a l s u s t a i n a b i l i t y sustainability is paramount - buildings and fenestration will be placed so that ocean cross breezes are maximized, natural light is celebrated and heat gains are minimized - the building envelopes will be tightly constructed, highly cooling loads are minimized - appliances and equipment will be Energy Star rated - selected HVAC equipment will be high performing with - rain chains collect water from roofs to be stored in cisterns and later used for irrigation garden court and used for irrigation of the garden court - building integrated sun shading will address privacy and control of heat gain from sun - stormwater percolation on-site will be fosterd to replenish the local ground sources - materials will be selected for their durability, life cycle per- formance, and proximity - whenever possible renewable natural materials, reclaimed materials or recycled materials will be integrated into the project Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  18. 18. 06.07.2014 314 North Cleveland: Concept Design Package i n s p i r a t i o n : r e t u r n t o c o m m u n i t y (unknown) (unknown) (unknown) Know your neighbors - varied outdoor experiences (sun deck, grassy garden court, semi-private patios, rooftop decks, fruit grove, com- munity gardens) foster gathering Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  19. 19. 06.07.2014 314 North Cleveland: Concept Design Package i n s p i r a t i o n : l o f t l i f e Olson Kundig Architects Vanguard Lofts HI, Vladimir Ossipoff, Cooke Clayton Oliver Simon Design David Vandervort Architects James Thomas Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  20. 20. 06.07.2014 314 North Cleveland: Concept Design Package i n s p i r a t i o n : i n d o o r - o u t d o o r c o n n e c t i o n (unknown) connection with nature - bifold doors and glass garage doors open up living areas to garden court for seamless transitions to the outdoors - operable windows are placed to allow for ocean breezes to cool and refresh the indoors - windows and outdoor decks are oriented towards sky, water and vegetation views (unknown) (unknown) Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  21. 21. 06.07.2014 314 North Cleveland: Concept Design Package i n s p i r a t i o n : m a t e r i a l i t yi n s p i r a t i o n : m a t e r i a l i t y Redbud Custom Homes Powerhouse Company University of Illinois, Small Eco Homes Lake | Flato, Towards Zero Net Energy Architecture McLean Quinlan Matthew Hufft Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  22. 22. 06.07.2014 314 North Cleveland: Concept Design Package i n s p i r a t i o n : u r b a n l i f e Relax Decor Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  23. 23. 06.07.2014 314 North Cleveland: Concept Design Package w e s t e l e v a t i o n ( v i e w f r o m s t r e e t ) Scale: 1/16” = 1’-0” Stair leading to courtyard adjacent buildingadjacent building Two (2) retail suites; Board-formed concrete on all exposed, exterior facades of level 1 Beach lofts Private deck overlooks street activity below Sliding sunshade Sliding security gate integrates into retail facade City lofts beyond Panelized rain screen system wraps all exposed vertical facades for units 1 and 3 Rapidly renewable “wood” paneling system: Basis-of- design = Resysta Facade Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  24. 24. 06.07.2014 314 North Cleveland: Concept Design Package e a s t e l e v a t i o n ( v i e w f r o m c o u r t y a r d l o o k i n g w e s t ) Scale: 1/16” = 1’-0” adjacent buildingadjacent building Glass garage door opens to commuity courtyard Panelized rain screen system wraps all exposed vertical facades for units 1 and 3 Rapidly renewable “wood” paneling system: Basis-of- design = Resysta Facade Exterior deck opens to community courtyard Unit 1 includes high small windows to allow for unit 5 to have private of natural daylight from the north and west Largest of the plaza, outdoor community “living rooms” faces west for sunset gatherings, movie nights, etc. Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  25. 25. 06.07.2014 314 North Cleveland: Concept Design Package w e s t e l e v a t i o n ( v i e w f r o m c o u r t y a r d l o o k i n g e a s t ) Scale: 1/16” = 1’-0” adjacent buildingadjacent building Bi-fold doors open to private plaza level deck for Unit 5 Polised exterior plaster all facades, color 1 Vertical plant screen spans all levels at elevator Polised exterior plaster all facades, color 2 Exterior deck faces southwest for views Bi-fold doors open to community courtyard Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  26. 26. 06.07.2014 314 North Cleveland: Concept Design Package r o o f l e v e l 1/16”” = 1’-0” when printed to true 11 x 17. Do not scale from drawing. Deck below northclevelandstreet alley Photovoltaic (PV) Panels Photovoltaic (PV) Panels Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  27. 27. 06.07.2014 314 North Cleveland: Concept Design Package l e v e l 4 1/16”” = 1’-0” when printed to true 11 x 17. Do not scale from drawing. Deck below Exterior stair leads to green courtyard northclevelandstreet alley 2 and 4 and exits directly to the alley Elevator accesses garage, plaza and 4th level Photovoltaic (PV) Panels Unit 9 2-bedroom 1,022 SF Unit 10 3-bedroom 1,411 SF Roof deck Modern Flats (2) - These single story units will have views looking west and will include: - large outdoor space either in the form of a large deck facing the courtyard or in the form of a second story balcony - laundry / pantry - modern, industrial kitchens - sustainable and durable materials throughout - skylights Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  28. 28. 314 North Cleveland: Concept Design Package l e v e l 3 1/16”” = 1’-0” when printed to true 11 x 17. Do not scale from drawing. northclevelandstreet alley Stair case does not access this level Elevator does not stop at this level Unit 1 Level 2 Unit 8 Level 2 Unit 2 Level 2 Unit 3 Level 2 Unit 4 Level 2 Unit 7 Level 2 Unit 5 Level 2 Community Courtyard Unit 6 Level 2 Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  29. 29. 06.07.2014 314 North Cleveland: Concept Design Package l e v e l 2 ( p l a z a l e v e l ) 1/16”” = 1’-0” when printed to true 11 x 17. Do not scale from drawing. Deck looks over street life Exterior stair leads to street level northclevelandstreet alley Bi-fold doors open out to community plaza Elevator accesses garage, plaza and 4th level Unit 1 2-bedroom loft 1,218 SF Unit 8 2-bedroom 1,280 SF Unit 2 1 bed/mezzanine 1,179 SF Unit 3 2-bedroom loft 1,343 SF Unit 4 2-bedroom loft 1,226 SF Unit 7 1-bedroom/creative 1,088 SF Unit 5 2-bedroom 1,480 SF Glass garage door opens to community plaza Community Courtyard Beach Lofts (4) - Hark back to the industrial history of the Oceanside Waterfront - All units are two stories and include: living - architecturally-integrated storage - outdoor space either in the form of a large deck facing North Cleveland Avenue or in the form of a second story balcony facing the courtyard - laundry / pantry - modern, industrial kitchens - exposed, polished concrete on the - sustainable and durable materials throughout Unit 6 2-bedroom 1,480 SF City Lofts (4) - All units are two stories and include: - glass bi-fold doors which open to the community courtyard for stengthened indoor-outdoor connection and community reinforcement - architecturally-integrated storage - outdoor space either in the form of a large deck facing plaza or in the form of a second story balcony - laundry / pantry - modern, industrial kitchens - exposed, polished concrete on the - sustainable and durable materials throughout 2 and 4 and exits directly to the alley Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  30. 30. 314 North Cleveland: Concept Design Package s i t e p l a n / l e v e l 1 1/16”” = 1’-0” when printed to true 11 x 17. Do not scale from drawing. Retail 685 SF Storefront window system car lift One-way garage entrance with roll-up door Street level courtyard allows for large plantings, outdoor garden dining and contributes to the pedestrian streetscape Exterior stair leads to courtyard level Retail 685 SF northclevelandstreet alley Trash, recycling, utilities and resident storage One-way garage exit with roll-up door Elevator accesses garage, courtyard and 4th level car lift car lift car lift car lift car lift Electric car charger, typical of seven (7) Trash, recycling, utilities and resident storage Car lift: Basis-of-design, Klaus Parklift Singlevario G61 (6) Building integrated, custom metalwork security gate tucks into west facade of retail space and can be closed dur- ing non-retail hours New large focal tree: Basis-of-design, low- water Palo Verde Surf rack and shower spaces 1/2 spaces 3/4 spaces 5/6 spaces 7/8 spaces 9/10 spaces 11/12 space 13 space 14 space 22 space 16 space 17 space 18 space 19 space 20 space 21 space 15 2 and 4 and exits directly to the alley Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation
  31. 31. For info: Jim Simcoe 760-271-7128 founder@greensandiego.com Kristi Byers, AIALEED AP BD&C Architecture Sustainability Strategies Reclamation

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