Firm Resume

 

Brookhurst Development Corp
Current and Past Projects

The professional staff of BDC has over 110 years experience in the design, construction, development and financing of public agency facilities.  Working with public agencies and affiliated companies, it has a strong track record of timely performance and completion of the public projects it has funded, developed and/or provided oversight of the construction management.  Following is a representative list of projects BDC and/or its senior staff have completed, or is presently in the process of completing.

 


 

Case Study - A Successful Public-Private Partnership
Inderkum High School

Natomas Unified School District

Sacramento, California

 

Location:      Del Paso Boulevard
                     Sacramento, CA

Architect:    Nacht & Lewis Architects
                   600 Q Street
                   Suite 100
                   Sacramento, CA 95814
                   Tel. 916.329.4000

Contractor: Turner Construction Company
                   2482 Natomas Park Drive
                   Suite 101
                   Sacramento, CA 95833
                   Tel. 916.614.9311


Award winning Inderkum High School
Architect: Nacht & Lewis Architects

Developer:   Jeff Baize/Brookhurst Capital
                    
4533 MacArthur Boulevard
                    Suite 324
                    Newport Beach, CA 92660
                    Tel. 949.706.2628

Project
Budget:
         $ 58 million

Completion Date:     August 6, 2004


Project Scope:  This new 2000-student Inderkum High School will include 72 classrooms, a sports stadium with regulation football field and track, 2 baseball and 2 softball fields, 6 basketball courts, 8 tennis courts, a gymnasium, theater and auditorium, outdoor amphitheater and multipurpose atrium, 14 vocational workshops, a cafeteria with full kitchen, science labs, video studio and photography lab.   In addition, the new school will feature extremely innovative energy systems including an underground closed-loop geothermal system and a solar energy system with 150,000 square feet of photovoltaic panels providing almost half of the high school’s electricity needs.  

Project History   In December, 2001, through a contractual arrangement between The Eastridge Companies LLC and Brookhurst Capital Corp, Jeff Baize, founding principal of Brookhurst Development met with staff of the Natomas Unified School District, a public school district in Sacramento, California, to discuss a proposed master planned education center to be developed in north Sacramento.  This center was to be known as the North Natomas Town Center and would encompass over 200 acres featuring a community college, city library, regional park, aquatics center, and most importantly, a new, $58 million 2,000-student high school later to be known as the Inderkum High School.  The project was to be a joint venture between the City of Sacramento, Los Rios Community College District and Natomas Unified School District.

Financial Challenges  The Natomas area had recently experienced unprecedented growth resulting in severe overcrowding of the only high school in the District.  The new high school would relieve the area of this overcrowding while providing the community with a beautiful regional center for education and community activities.  However, the District was challenged by inadequate funding to complete the high school while also completing numerous needed capital programs for their existing schools comprising renovation, modernization and expansions.  

Lease Leaseback Proposal  Mr. Baize worked with Natomas Unified School District in devising a way the District could both complete all of the needed renovations and modernizations throughout the District while also funding the new Inderkum High School project.  Working with the Board of Trustees, the Superintendent and staff of the District, Mr. Baize structured a financing and development arrangement through the authority granted under California Education Code §17406 to allow a developer to fund, construct and own the school facilities to be built upon on land leased to the developer by the District.  Once completed, these facilities would then be leased back to the District (known as a “lease leaseback” development).   This would provide the District the following financial benefits:    

1. All capital currently held by the District, and most of the funding generated through a successful local general obligation bond, could be used for all of the District’s remaining capital improvement programs rather than going towards the new high school.  
2. With the developer’s dedicated professional staff overseeing the project’s completion, the overworked District facility staff could devote more time to other projects.   
3. The District could demand from the developer a guarantee on performance and completion within a very tight time frame allowing school opening by the fall semester of 2004.  
4. There would be no construction risks for budget overruns or delay in schedule born by the District.  

Mr. Baize assembled a team of the most recognized entities in the school construction industry, including Turner Construction Company.   He  then structured of a non-profit leasing and development arrangement directing underwriters, bond counsel and District counsel  to accomplish all of the above benefits while also allowing the issuance of tax exempt certificates of participation (a form of lease revenue bonds) to fund the project’s construction.  Part of the challenge was being able to sell the bonds at a triple-A rate, as the District had some credit concerns at the time.  Mr. Baize was successful in getting a large financial institution based in New York to guarantee the bonds.  On May 8, 2003, $66 million in bonds were successfully sold bearing an interest rate of 1.6%   for funding the new high school.  Turner Construction  reports the project is under budget and ahead of schedule.  

 

Letters of Endorsement - Natomas Unified School District:

     Sacramento Bee Article -    Financial Lessons

 


 

 

University of the Pacific
Student Housing
Stockton, California

 

Location:      University of the Pacific
                     Stockton, CA

University of Pacific
New Student Housing
Phase I - Site A Plan

Architect:    Fisher-Friedman & Associates
                   1485 Park Avenue
                   Suite 103
                   Emeryville, CA  94608
                   Tel. 510.420.1666

Contractor:  Clark & Sullivan Construction
                   3612 Madison Avenue
                   Suite #25
                   North Highlands, CA  95660
                   Tel. 916.338.7707

Developer:   Brookhurst Development Corp
                   
4533 MacArthur Boulevard
                    Suite 324
                    Newport Beach, CA 92660
                    Tel. 949.706.2628

Project
Budget:
         Phase 1: $26 million (est.)
                     Total Project: $90 million (est.)

Status:     Exclusive Development Agreement
                Phase 1 Completion - Sept. 2011

 


Project:  The University of the Pacific is a premier university that ranks among the top privately owned universities in the nation.  Designed by the award-winning firm Fisher-Friedman & Associates, the new student housing for their main Stockton campus is a multi-phased development that will ultimately result in 864 new beds.  The LEED certified design will incorporate contemporary student housing concepts employing such sustainability methodologies as photovoltaic-capable energy systems.  The overall program embraces classic design elements found in the historic Ivy League campuses, University of Virginia (Thomas Jefferson) as well as incorporating the "quad" concept found at Oxford and Cambridge universities.   

The Brookhurst Development Team was selected over numerous nationally recognized student housing development firms in a highly competitive bid process.  The project was awarded to Brookhurst under an exclusive development contract in 2009.

North Elevation
New Student Housing
University of the Pacific

Design by Fisher-Friedman & Assoc.

 

South Elevation
New Student Housing
University of the Pacific

Design by Fisher-Friedman & Assoc.

 

 


 

 

McGeorge School of Law
Student Housing
Sacramento, California

 

Location:      McGeorge School of Law
                     Sacramento, CA

McGeorge School of Law
New Student Housing
Ground Floor Plan - Phase I

Architect:    Fisher-Friedman & Associates
                   1485 Park Avenue
                   Suite 103
                   Emeryville, CA  94608
                   Tel. 510.420.1666

Contractor:  Clark & Sullivan Construction
                   3612 Madison Avenue
                   Suite #25
                   North Highlands, CA  95660
                   Tel. 916.338.7707

Developer:   Brookhurst Development Corp
                   
4533 MacArthur Boulevard
                    Suite 324
                    Newport Beach, CA 92660
                    Tel. 949.706.2628

Project
Budget:
         Phase 1: $15 million (est.)
                     Total Project: $30 million (est.)

Status:     Exclusive Development Agreement
                Phase 1 Completion - Jan. 2011

 


Project:  The McGeorge School of Law is part of the University of the Pacific system.  This prestigious law school is one of the largest in the nation consistently ranking among the top law schools.  Its longest serving faculty member is U.S. Supreme Court Justice Anthony Kennedy, and it's Dean is former General Council to the CIA.

The new student housing will feature large single and double occupancy suites that cater to the needs and lifestyle of law students.  As with the Stockton campus project, this project is being designed by the award-winning firm Fisher-Friedman & Associates and will ultimately feature close to 200 new beds for the campus.   The LEED certified design will incorporate contemporary student housing concepts employing such sustainability methodologies as photovoltaic-capable energy systems.  The housing project was designed to fit in with the context of the surrounding campus maximizing the vistas over the adjacent landscaped park settings.    

The Brookhurst Development Team was selected over numerous nationally recognized student housing development firms in a highly competitive bid process.  The project was awarded to Brookhurst under an exclusive development contract in 2009.

 

 

North Elevation
New Student Housing
McGeorge School of Law
Design by Fisher-Friedman & Assoc.

 

East Elevation
New Student Housing
McGeorge School of Law
Design by Fisher-Friedman & Assoc.

 


 

 

Baize Corporate Headquarters
3905 Vincennes Road
Indianapolis, Indiana

 

Baize Corporate Headquarters is a 100,000 square foot office project in the renowned Fortune Park Business Center in Indianapolis.   It was developed to be the international headquarters of the Baize Corporation, the parent holding company for an interdisciplinary conglomerate of architectural, engineering and development companies.   The 5-story, multi-tenant project was also designed by Baize Architectural and Engineering Corporation.  

 

 

Developer:   Baize Development Corp
                    (predecessor to Brookhurst
                    Development -  Indiana)

Contractor:   Geypel Demars Construction

Architect:     Baize Architectural  and Engineering
                    Corporation 

 

Financing:            Nomura Securities

Date Completed:   1989

Project Cost:         S 14.5 MM

 

 

 


 

 

California State University, Sacramento
Riverview Student Housing
Sacramento, California

 

Location:      California State University
                     Sacramento Campus
                     Sacramento, CA

Architect:    MVE & Parnters
                   1900 Main Street
                   8th Floor
                   Irvine, CA 92614
                   Tel. 949.809.3300

Contractor: Turner Construction Company
                   2482 Natomas Park Drive
                   Suite 101
                   Sacramento, CA 95833
                   Tel. 916.614.9311

Riverview Student Housing Project
"Destination 2010" Master Plan
Architect: MVE & Partners

Developer:   Brookhurst Development Corp
                   
4533 MacArthur Boulevard
                    Suite 324
                    Newport Beach, CA 92660
                    Tel. 949.706.2628

Project
Budget:
         Phase 1: $70 million
                     Total Project: $250 million

Status:     Pending Approval - Office of the
                Chancellor


Project Scope:  This project is part of the exciting "Destination 2010" master plan adopted by the California State University, Sacramento that will ultimately provide up to 5,000 new beds for students attending the university.   Brookhurst Development Corp assembled a team comprised of the two of the largest and best recognized construction companies in the Sacramento area in addition to the award winning architectural firm of MVE & Partners to design, finance and construct a state of the art student housing complex located on university land.

The Brookhurst Development Team was selected over numerous nationally recognized student housing development firms in this highly competitive bid process. BDC is presently on a short list under final consideration of the Office of the Chancellor.


Riverview Student Housing - View from Dining Commons and Retail


The goal of the Brookhurst Team was to create a "real life" urban environment that fosters relationships and enriches the quality of student life. Through thoughtful urban design that expresses a diversity of communal spaces, the Team provided physical settings intended to enhance student life by providing a rich social and educational environment outside the classroom.   Some of these amenities offered include:

  • Multi-phasing of 5,000 new beds through 2010

  • Plaza-level retail providing in an exciting "urban village" context

  • Up to 2,000 parking spaces in two parking structures

  • Campus Dining Commons

  • Open Greens providing a beautiful and relaxing landscaped environment

  • Efficient "Green Building" design

  • Integration into enhanced central plant facilities

  •    


Riverview Student Housing - View
of Central Green



Letter of Endorsement - California State University, Sacramento

 


 

 

Ohlone Community College
Parking Facility &
Renewable Energy System

Fremont, California

 

Ohlone Community College of Fremont, California has embarked on an aggressive and exciting plan to provide the community with needed multi-use redevelopment of its historic Mission Boulevard while concurrently meeting the future parking needs of both this new development and the College. In response to a publicly issued Request for Qualifications, five development teams competed to meet this challenge.  After multiple interviews and an extensive selection process, the Board of Trustees approved the selection of the Brookhurst Development team with the following recommendation from the President:

 


 "The successful firm [Brookhurst] presented the best

 

"Granada" - Mission District Parking Design
Watry Design, Inc.

overall package of financing options, the most flexible partnership participation, and the most experienced team to study, plan, design, construct, and manage the project."

The Brookhurst Development team includes the award-winning architectural and engineering firm Watry Design, Inc. and well established DPR Construction, Inc.  The first phase of the project is to include the financing and development of an aesthetically pleasing multi-tiered parking facility that embraces the historic Mission District of Fremont.  This parking structure will also feature an advanced energy system with an array of photovoltaic solar panels that will provide the College clean renewable energy as well as covered parking for the top deck of the parking structure.

The entire project scope and budget will be determined upon Brookhurst Development completing an extensive due diligence program and feasibility study in 2008.

 

 


 

 

Mohave County Correctional Facility
Kingman, Arizona

 

The innovative County of Mohave, Arizona is using a "lease lease-back" development approach for their new 1,000 bed correctional facility.  This approach requires the developer to design, finance and construct the facility while also providing facility management over a 15-year lease.   The County issued a public solicitation and an entity created by Brookhurst Development for the project, the Mohave Correctional Development Partners, was selected among two finalists.

The Brookhurst Development team includes the award-winning corrections facility architectural firm, Arrington & Watkins Architects, and the  Tucson based general contractor Sundt Construction.

The Mohave County Board of Supervisors, staff and the Sheriff's Department are presently negotiating final contracts for this development.

 

 

Estimated Budget:                    $85 million

Projected Completion Date:     2010

 


Proposed New Mohave County
Correctional Facility
Arrington & Watkins Architects

 

 


 

Los Angles Unified School District
Los Angeles, California

 

Projects:    13 high school, middle school and elementary school development sites in the San Fernando Valley District of LAUSD as follows:

 

School

Project Budget

 

 

East Valley New High School #1A

    $ 77,616,000

East Valley New High School #1B

    $ 77,913,000

East Valley New High School #2

    $ 63,671,000

East Valley New High School #3

  $ 105,043,000

East Valley New Middle School #1

    $ 70,257,000

East Valley New Middle School #2

    $ 48,885,000

Maclay New Primary Center

    $ 12,743,000

East Valley Area Middle School #2

    $ 26,500,000

Canoga Park New High School

    $ 15,358,000

North Hollywood Primary Center #4

    $ 17,430,000

Noble Elementary

    $ 17,533,000

North Hollywood New Elem.  #3

    $ 32,106,000

Monroe New Elementary School #2

    $ 21,297,000

 

Project Services:  Preliminary master planning, site acquisition, processing of CEQA documentation, coordination with California Department of Education (CDE), the Department of State Architect (DSA), and the Department of Toxic Substance Control (DTSC), eminent domain proceedings and negotiated sales.   Principal of BDC Jeff Baize headed a staff of seven LAUSD employees and consultants overseeing the acquisition process for LAUSD’s school developments located in the San Fernando Valley and funded through State issued Proposition 1A general obligation bonds.

 

Date of Services:           2001

 

 


 

 

City Market Building
200 N. Delaware Avenue
Indianapolis, Indiana

 

The 312,500 square foot City Market Building Developed by Baize Development has become a focal point for vibrant retail and office activity in downtown Indianapolis.  Located in the city's financial district directly across the street from the Indianapolis municipal complex, this 20-story office tower offers 30,000 square feet of amenity retail and an attached 600-space parking facility.

 

Developer:   Baize Development Corp
                    (predecessor to
                    Brookhurst Development -
                    Indiana)

Contractor:   Hagerman Construction

Architect:     Lennox, Matthews &
                    Moore

 

 

Financing:              Federal HUD Program Loan

Completion Date:   1978

Project Cost:            $ 30 MM