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PowerPoint Presentation

Burbank City Council
November 19, 2024

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PowerPoint Presentation
Meeting
November 19, 2024
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Burbank City Council
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Text extracted from the city's file for reading and search. Open the original on burbank.granicus.com. That file is the official record.

Update on the New
Burbank Central Library
and Civic Center Project
City Council Study Session
November 19, 2024
PUBLIC
WORKS
• Library built in 1963
• Identified for renovation/replacement in 1989
• Planned Development and Measure L in 2003 for
Library, CSB, ASB (1966 bank) plus open space.
• New CSB completed 2008. PD expired 2018.
• ASB – Finance and MS staff move in 2001.
• Seismic upgrade and interior
improvements 2014.
• Library – carpet/paint 1992, electrical; IT
and other required updates.

Background
2 • 2021: Vision Study for a New Central Library
o Pursue new construction, not renovation
o Upper CSB parking lot is desired site
o Determine financially feasible path forward
• Late 2022: 1,600 survey responses, three
community meetings, CCB presentations,
project website created
History
3 • 2023 – March 2024:
o Steering Committee Formed
o Alternatives Analysis
o Housing Opportunity Sites Evaluations
o Financial Models
o Cost Estimates
o Procurement/Delivery Strategies
o Geotechnical/Phase I Report
History
4 • Build a modern Central Library for the community
• Create new open space for events and use by
downtown residents & others
• Encourage development of mixed-use and
mixed income housing on opportunity sites
• Demonstrate leadership in sustainability
• Support downtown economic
development
Project Goals
5 Conceptual site plan
6 Public-Private Partnership P3
Housing Construction Challenges:
• Rising construction costs due to inflation
• Increased borrowing costs due to higher interest rates • Higher operating costs per housing unit
• Rents not able to keep up with costs
 P3 no longer attractive to the industry without the
private construction elements and associated long-
term revenue
Potential Delivery Method
7 • Design/Build
o City contracts with a single design/build entity
o Risk transfer of design and construction services
o Provides collaborative evaluation of
construction and long-term costs vs budget
o Operations and maintenance needs and
impacts considered in design
o Early and continuous input from the
community, stakeholders and staff
Potential Delivery Method
8 • Long-term revenue potential from housing
opportunity sites on City-owned parcels remains
• More flexibility in City/developer timelines for
housing
• Design/construction costs for civic assets only
• Reduces timeline to facilitate meeting grant
expenditure requirements
“Unbundling” Housing
9 ASB Site Demolition $1,000,000
New Central Library $65,000,000
City Offices (ASB Departments) $15,000,000
Subterranean Parking $28,000,000
Plaza/Open Space $18,000,000
______________________________________________________________________________________________ Current Estimate $127,000,000
2027 Estimate with 5%/Year Escalation : $147,000,000
O&M and Capital Costs
• Library: $1.5M/year; $5M in 5 years
• ASB: $1.2M/year; $2M in 5 years
Estimated Cost
10 • Project Management RFP (award Spring 2025)
• Downtown Burbank TOD SP and EIR (Summer 2025)
• Design/Builder RFQ/RFP process in FY25-26
(award Summer 2026)
Next Steps
11 Q&A
12 KEN BERKMAN, PE
Public Works Director
(818) 238-3915
[email protected]

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