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HOTEL SALEM T HOTEL SALEM I VN Ilk. �.-$ . �` Rey " " �a ,t. �fr t. r }�' .T x > x a,�.. �• '<q .n R # Al � ` � �` .$ t.� � e^�Ri° ,p' A. _� „x� a t -� �,3���pyY,t_Ga K`n �§ �y r�.Lr •. * $` v Ay g$ r ¢� m11 9 44e°.3 * .. 16 ^ F r m I1x CITY OF SALEM, MASSACHUSETTS Kimberley Driscoll Mayor October 21, 2015 Salem City Council Salem City Hall 4 Salem, MA 01970 Re: Request to Authorize Tax Increment Financing (TIF) for Hotel Salem Real Estate Holdings, LLC, 203 Essex Street, Salem Dear Councillors: I am writing to you to request that you authorize tax increment financing for Hotel Salem Real Estate Holdings, LLC, an entity of Lark Hotels, which is purchasing the building located at 203 Essex Street in Salem. Tax Increment Financing(TIF) is an economic development tool used to create jobs and encourage business expansion. With a TIF, a city grants property tax exemptions of up to 100 percent of the increased property value, or increment, due to investment in the property for a specific period of time. In this case, it is proposed that the TIF be for a period of five (5)years. Hotel Salem Real Estate Holdings, LLC plans to purchase the+/- 27,700 square foot building at 203 Essex Street for$2,200,000 in order to redevelop the property from a commercial office building to a 44 room boutique hotel. The business proposes to invest an additional $4,000,000 in property design and renovations, and approximately $1,200,000 in personal property (fa niture, fixtures, and equipment). The Assessor estimates that the property value will increase by $3,800,000 due to this additional investment. The TIF would provide a tax exemption on this incremental assessed value according to the following schedule: Fiscal Exemption Incremental Exempted Estimated Estimated Total Year Assessed Property Property Base Tax Annual Value Taxes Taxes Bill Taxes Paid 2018 100% 0 $117,762.00 $0.00 $39,503 $39,503 2019 80% $760,000 $94,209.60 $23,552.40 $39,503 $63,055 2020 60% $1,520,000 $70,657.20 $47,104.80 $39,503 $86,608 . Salem City Hall—93 Washington Street—Salem, MA 01970-3592 Ph.978-745-9595 Fax 978-744-9327 2021 40% $2,280,000 $47,104.80 $70,657.20 $39,503 $110,160 2022 20% $3,040,000 $23,552.40 $94,209.60 $39,503 $133,713 2023 0% $3,800,000 $0.00 $117,762.00 $39,503 $157,265 Total $353,286.00 Hotel Salem would continue to pay property taxes at 100%of the full base value of the property. s The hotel will be a great asset to the City and a vital economic catalyst for the Essex Street PedestrianMall. Hotel Salem intends to create fifteen(15) full-time jobs as a result of this project and will provide additional tax revenue to the City. I ask you to support this proposed investment by Hotel Salem and enable this economic development project to move forward by approving the proposed TIF. F x Sincerely, Kimberley Driscoll Mayor x ' . b Salem City Hall—93 Washington Street—Salem,MA 01970-3592 Ph.978-745-9595 Fax 978-744-9327 i 35 0240 0 1 Of 1 Commercial TOTAL ASSESSED: 1,259,200 Map Lot Suffix CARD Salem !10622! PROPERTY LOCATION IN PROCESS APPRAISAL SUMMARY IF7No203 '=Alt No'r ESSEX STREcforVStreeUCi i!E,„ '� JUde Coded BuildingValue :,'Yardltems ".'vi:Land SizefL'!u- alue *, tat Valued �,._,.� ' " ' ET,SALEM 340 1,005,8 4 500 011 - 252 999 •. Legal Description User ACCt'T 259,200 0 OWNERSHIP unnas; va r� ','GIS Ref,",' Ownei 1:WINTER RIV TYTR Owner 2:FAULSTICH A — i Owner 3;MECHE MARK tT, ,,;,t;'n A TotahCatd _ 1,005,800 590 0.189 252,900_ 1,259,200 L,J!y,i�., Entered Lot Si e " ,'g -'}yet " ' e faaroela. 1005800 500 0189 252,900 1,259,200i> trrot !Street 1i 209 ESSEX STREET#300 . . f'~vv,�.Total Land: s,. �, -+ :, 'Source:Market Ad Cost n,Total Value er SO unit/Card:45.44 IPareel:45.444 Insp Date. p erties Inc. .:�-.E_ ,, ��� 1t, P ..3.Land Unit Type' 04129/05 � =Street 2!:r.._ T .:_.. ..>a, , . .e.,,, „_ CTwn/Ci''sALBM PREVIOUS ASSESSMENT Parcel ID 35-0240-0 USER DEFINED i SVP,reY;MA J"Cntryl 1r Own 0(;c -Tax Yr v Use..Cat Bldg Value f Yrd Items Ladd Size'I Land Value°Total Value':-Asses'd'Value �".,Notes ` u�+, .Date, sr Prior Id#1: ^Apostal01970 [Jype:1 2015 340 FV 884,800 500 189 225,800 1111,100 1,111,100 Year End Roll 12/16/2014 PRINT Pnorld:#2: PREVIOUS OWNER 2014 340 FV 884800 500 189 189,600 1074900 1074,900Yea fEndRo1 12/812013 Pnor1d#3j Date!fl 'Time'!, f Ovinenl'. - 2013 340 FV 884 800, 500; .189 189,600 1,074,900 1,074,900 Year End Roll1126I2072 Pnor Id#1h 11/19/15 15:22:17 EZ 2' 2012. 340 . FV,. ,884800: 500 189 171,600 1,056,900 x1056,900 Year End Roll 12/28/2011 Prior Id#2: 2011 340 , FV 884 800',_ 500 189 171 600 1,056 900, 1 056,900 year End 12/17/2010 LAST REVPnorId#3i 1¢ !Date E „Time prior Ids.#t: 2010 340 , FV 884800'. 500 189 194,200 1,079,500 1,079,500 '12/22/2009V'. Cnl`. 2009 340 FV „ X8848001, 500 - 189 207,700 1,093,000 1093,000 YEAR END 1212212008 07/22/15 09:23:38 Priorld#2: 2008 340 FV 884800P.. 500 189 207,700 1,093,000: 1,093,000 X12/20/2007zl j apro Prior Id#3! NARRATIVE DESCRIPTION SALES INFORMATION TAx DISTRICT PAT ACCT. 10622 "ASR Map:' Gmntor __bl'1'.- -L alRefa.T eaA:'Date - Sale ! sale:pnce=!��U '.Tet.Venf'3 Assoc PCL Value Notes " -a This Parcel contains.189 Acres of land mainly classified as s- _ . Fact D!si Office with a(n)Comm.Block Building Built about 1900,Having WINTER RIVER RT _ 16149-229 :12/27/1999 :Porton-Asst 434,000 No 1No - °Reval Disc Primarily Brick Exterior and Tar-Gravel Roof Cover,with 1 5544-230 1/1/1900 No iNo Year Units,0 Baths,6 HaIlBaths,0 3/4 Baths,0 Rooms,and 0 ........- ....... __. _.. .... . . .W_._.... .__... --- Landiteasorii ....... OTHER ASSESSMENTS BldReason ,q:'.:!Amount+.: w reek Com.Int BUILDING PERMITS ACTIVITY INFORMATION Number Y , Descrip=Ej Ano unt°:C/OoLast Visite Fetl Coda�h F:Descn ^'-Commenf�^:'"• 3 Date*%res +u,Result w.,. .. �'By +• +=Namet^�,T::4°h; R RTY EAG,T-OR 1012212012 356-13 Alterah 8,000 C PUTTY UP(2)WALLS 519/2013 Mailer Sent sC SC Item..Code "6,Desct.r` •% elteln a Code ��Descri 81412011 68411 Alterah 19450C ` 6/2812012Mailer Sent JB JB Z',B5 CENT DEV 100 "%U = 712112009 5110 _._ .Alterah 18,000C build 2offices 8 412912005 Inspected CW CW 6/192008 2066-08 Alterah 40000..0 !interior renovabo 4/27/2005Jnspected CW CW _ 11/2212006 PP 2007-006Plumbing C PLUMBINGRELOCATE( 101242000 Permit Visit 263 /PATRIOT r�eY�Census: Ezmpt 813112006 BP-2007-018Building - 1,500C REPAIRIREPLACEMINO i - '4%od.Hai: `gas,>II - - 61812004 '.1086-2004 '.Alterah 35001C 412912005111 '. demo 1 s Floor onl .lTo o; 12/15/2003 530-2004 Alteratl 149,000-IC 427/2005 11,1 '.TENNANT FIT OUT RE , s s£ Street 4152 2 2 000 111000 Re Roof 34,500 C RUBBER t Traffic 11262000 956-2000 Inter Fi 260000C OFFICE BLDOUTI3RD LAND_SEC71001 first 7 lines_oniv) $19D 'm r I t OF r 31 N!" 44 Use DeScn hon , LUC;'No of Units'Depth I +Unit T-eT' Land T'e LT2,.ti.Base Und Pncel`:"Ad re Nei h,';Neigh€Neigh;'InFl 1}� /a .iInFl '*',�� ;Appraised .Alt Sec ay;J L ;"I` ,,, Code,f...:;,:rp �A,Fact w, ,;1 PdceUnits•r,r^-.:yp. '�: .r yP- Factor°=Value ... . :,..... Ls':, 9.x?Influ 'Mod + -++ „a�., 2a{ Yo ,.n83 .'/ :€Velue'� -Class- ��.I` Land !.Code Fact tUse Valve ,IF' si.Notes 340 Office 8215 8,720 Sq Ft Site _ 0 14. 2199 CG 252,864 252,900 FACTOR W/35-247 1 Tolal AC/HA:0.18859 I Total SF/Slv1 :8215.00 Parcel LUC;340 Office Prime NB Desc COMM GOOD TotaC. 252,864 SPI,Credit „Tolafi 252,900 Disclaimer:This Information is believed to be correct but is subject to change and is not warranteed. Database:AssessPro apro - 2016 EXTERIOR INFORMATION BATH FEATURES COMMENTS SKETCH i SAMANTHAS COSTUMES. i�,M,: - I FlJIl Bathl Rating�. 00 Type:62�--Block Sty'H 3 3 Story A Bath:l Rating: (Liv)Units 11 ;BTotal:jl 1 3/4 Bath: Rafingi tFounclatkon: A 3QBth Rating: '�f'Fram6:2 Steel 1/2 Bath:6 LRga Average ,.Prime Wall:07 Brick =A HBth: -Ratin : w Sec Wall: ---T--Fo/o !,othrFix: Ratio i RESIDENTIAL GRID 1,Roof Struct:04 Flat OTHERFEATURES 1st Res Grid Desa 1-#Un[61 FRoof Cover 04 Tar+G ravel Rating: 1,• FYLR DR D t KI FR RR BR,FB:HB,;L,--0 [R!W,,Color 0 its Ratinal TFL IView/D irl I F I Ratin Lvl 2 ... FFL 114 FFL 121 GENERAL INFORMATION WSFIue Rating; Lvl 1'-u' BMT Grade;C - erage CONDO INFUKMA I IUN Lower (7250) Year Blt:1900 =;Eff r Blt: Location: Totala 7---1 FB-Rs: F-HB6 Alt LUC::: MP-w It%: R,Total Units: r Jurisclict: 1A -Fad . Floor.,, REMODELING RES BREAKDOWN mr3�w'.,Const Mod: ,NA'r Fad: 'Fsa0%Own I -,�Ixlenor No urt—,RM-1 T1-1—R11 FL �Name: a interior: INTERIOR INFORMATION DEPRECIATION Additions: 'gxAvjHVFL:jSTND j!PhysCond:jAV -Average 40% -;Kitchen: TFL ,g SF L Prim int a 1 -Drywall �'Functlonal:j 41% OFP 10 Mlg lo 1 1 LW - Economic�j BMT Sec.Int Wall!1PU 1te, 1 501% % Plumbing: I��v�'Parfitlon:IT Typical % �,,ElecWc: 19 . ectal; I*,,- -�-Totals (190) Prim Floors:04 Carpet I ��.Overrlde:j % Heating: `.Sec Floors: % L!Rjotbl:iP 0% g Generali SUBAREA SUB AREA DETAIL 7: 14 Bsmnt Flr: CALC SUMMARY COMPARABLE SALES Code- 'Ride-AV�:��Uhdepr,Value, Sub ,% descrip'D�'-�".1-Ou" BMT Basement w��r Type Ten Basin 1,SQ:170.00 �I Date: Sale plrc*��45'11 7,440 24.590 182,913'Areii! Bsrhht Gar. SFL Second Floor 7,440 61.460 4 100 AFB Electric:3 Typical ��.-16�--crSlzeAdj. 0,84518754 q 57,283 BMT 75. TFL Third Floor,... 7,440 .6.11.460 , 457,283 SFL 100 OFC 100 2 Typical i< Const Ad 1.03886998 L First Floor 7,250 61,460 445,6M*L 100:OFC 100 s j$,,Z9I40 Adj$1 SQ:61.463 FFL OFP Open Porch 190 14.880 2,828 _Heat—Fuel 2 --Gas -Other Features:75420 Heat Type:01 -Forced H/Air r1nT..,Grade,Fact6r:1.00 F,#Heat:S s: Neighborhood Inf.,1.00000000 Heate :too �00 I WtAv$/SQ�j I AvRatej I IncLVaIj0 %AC: "R LUC Factor.1.00 Net Skbtchdd'Ar 1,545,91�2 06 r:36.30 Areal 297601,Fi real 27 10 Solar HW:NO Central Vac.NO t: Adj Total:1621332 F,=5Juris.Factor Bator' NO [� 5o Com Spnnkled 100 a Deprecialioni 648533 Special Features:33000 &Vausu Net: 33.80 Dep*eciatecrTotal 972799 Final Total.11005800 [Val/Su SzAcl 45.45 IMAGE ertProp ies,Inc SPFS FEAT ?ESNARD ITEMS PARCEL n 35 I Code P fi one,,LA,-Yis"Qty �,.4OSize/Di nn'-� Qual,Conr.Year 4A,Unit P6ce'Mqi,D/SJ De :10.UUC;4�Fact NBFa,�---A0P'r Value s4."icold—JFact Juds.Value{ 1 Elev-Pas M S 14 AV AV 1972 13,750.00 B 1 40, 340 33,0001 : 33,000 gg'j 3 Sign D N 1 8 AV AV 1994 75.00 T 16.8 340 506 "n ........... More:N ; Total Yard Items: 500 %,Total Special Featdkj 33,000] TAX INCREMENT FINANCING AGREEMENT CITY OF SALEM, MASSACHUSETTS and HOTEL SALEM REAL ESTATE HOLDINGS,LLC d�- This agreement is made this day of November, 2015 by and between the CITY OF SALEM, a municipal corporation duly organized under the laws of the Commonwealth of Massachusetts, having a principal place of business at City Hall, 93 Washington Street, Salem, Massachusetts, 01970, acting through the Mayor Kimberley Driscoll(hereinafter called "the CITY") and Hotel Salem Real Estate Holdings,LLC, a Massachusetts corporation with a principal place of business at 133 Old Ferry Road,Newburyport, MA 01950 (hereinafter called"the COMPANY"). The base year for this Agreement will be FY2016. The exemptions associated with this Agreement will take effect upon the COMPANY's receipt of a permanent certificate of occupancy for improvements made to the BUILDING For exact location of site, refer to Attachment"Exhibit A". WHEREAS,the COMPANY wishes to acquire and redevelop the+/-27,700 square foot former Newmark Department Store, currently a commercial office building, at 203 Essex Street in Salem; and WHEREAS,the CITY is willing to grant tax concession in return for guarantee of the purchase and redevelopment of the +/-27,700 square feet office building into a 44 room boutique hotel and the creation of employment opportunities for local workers; and WHEREAS,the Salem City Council resolved on November 1-L , 2015,to allow the use of Tax Increment Financing as a tool to encourage economic development at 203 Essex Street in Salem; and NOW, THEREFORE, in consideration of the mutual promises contained herein,the parties do mutually agree as follows: A. THE COMPANY'S OBLIGATIONS 1. The COMPANY shall purchase and renovate a+/-27,700 sq. ft. building at 203 Essex Street in Salem (herein after"the BUILDING"). The BUILDING is identified as Salem Assessor's Parcel ID 35-0240-0. For an exact location of the BUILDING, refer to Attachment, "EXHIBIT A." 2. During the life of the Agreement, if the COMPANY decides to sell the BUILDING or the business or to otherwise transfer control of the BUILDING or business and/or operations thereof, the COMPANY shall give the CITY at least three months written notice of said sale or transfer. Said notice shall be given by certified mail, return receipt requested, to the Mayor, City Hall, 93 Washington Street, Salem, Massachusetts, 01970. B. THE CITY'S OBLIGATIONS 1. The CITY shall grant a tax increment financing exemption to the COMPANY in accordance with Massachusetts General Laws, Chapter 23A, Section 3E, Chapter 40, Section 59, and Chapter 59, Section 5. Said exemption shall be granted on the improvements to the BUILDING. Said exemption shall be valid for a period of Five(5)years, beginning with the first fiscal year that the COMPANY receives a permanent certificate of occupancy for the improvements made to the BUILDING. For the purposes of this AGREEMENT, the base value of the TIF will be the FY2016 assessed value of the BUILDING. The FY2016 assessed value of the BUILDING at 203 Essex Street is $1,006,300. During each year of this Agreement,the COMPANY will pay taxes based on the portion of the value of the BUILDING which is not exempt under this Agreement. 2. The exemption schedule on the value of the BUILDING works as follows: for each of the Five (5)years of this AGREEMENT, the COMPANY will pay taxes on a percentage of the value of the BUILDING and be granted an exemption of a percentage of the full value of the BUILDING. In Year six(6),the COMPANY will pay taxes on the full value of the BUILDING. YEAR EXEMPTION Year 1 100% Year 2 80% Year 3 60% Year 4 40% Year 5 20% C. OTHER CONSIDERATIONS 1. This Tax Increment Financing Agreement shall be binding on all subsequent owners of the property. The CITY reserves the right to review and negotiate the Tax Increment Financing Agreement if the business activity ceases to be fully operational during the life of the Tax Increment Financing Agreement. 2. If the COMPANY decides to expand the BUILDING at any time during the life of the Tax Increment Financing Agreement, the CITY and the COMPANY may renegotiate the Tax Increment Financing Agreement to exempt all or part of the expansion from property taxes. The exact amount of that exemption will be determined at the time of the expansion. Executed as sealed instrument on the day and year first above written. CITY OF SALEM HOTEL SALEM REAL ESTATE HOLDINGS, LLC b—x'i Kimberley Driscoll, Mayor Rich Cooper, Principal r TAX INCREMENT FINANCING AGREEMENT CITY OF SALEM,MASSACHUSETTS and HOTEL SALEM REAL ESTATE HOLDINGS,LLC This agreement is made this day of November, 2015 by and between the CITY OF SALEM, a municipal corporation duly organized under the laws of the Commonwealth of Massachusetts,having a principal place of business at City Hall,93 Washington Street, Salem,Massachusetts, 01970,acting through the Mayor Kimberley Driscoll(hereinafter called"the CITY")and Hotel Salem Real Estate Holdings,LLC, a Massachusetts corporation with a principal place of business at 133 Old Ferry Road,Newburyport, MA 01950(hereinafter called"the COMPANY").The base year for this Agreement will be FY2016. The exemptions associated with this Agreement will take effect beginning in FY2017. For exact location of site,refer to Attachment"Exhibit A". WHEREAS,the COMPANY wishes to acquire and redevelop the+/-27,700 square foot former Newmark Department Store, currently a commercial office building,at 203 Essex Street in Salem; and WHEREAS,the CITY is willing to grant tax concession in return for guarantee of the purchase and redevelopment of the +/-27,700 square feet office building into a 44 room boutique hotel and the creation of employment opportunities for local workers; and WHEREAS,the Salem City Council resolved on November 2015,to allow the use of Tax Increment Financing as a tool to encourage economic development at 209 Essex Street in Salem; and NOW, THEREFORE,in consideration of the mutual promises contained herein,the parties do mutually agree as follows: A. THE COMPANY'S OBLIGATIONS 1. The COMPANY shall purchase and renovate a+/-27,700 sq.ft. building at 203 Essex Street in Salem(herein after"the BUILDING"). The BUILDING is identified as Salem Assessor's Parcel ID 35-0240-0. For an exact location of the BUILDING, refer to Attachment,"EXHIBIT A." 2. During the life of the Agreement, if the COMPANY decides to sell the BUILDING or the business or to otherwise transfer control of the BUILDING or business and/or operations thereof,the COMPANY shall give the CITY at least three months written notice of said sale or transfer. Said notice shall be given by certified mail, return receipt requested,to the Mayor,City Hall,93 Washington Street, Salem,Massachusetts, 01970. B. THE CITY'S OBLIGATIONS 1. The CITY shall grant a tax increment financing exemption to the COMPANY in accordance with Massachusetts General Laws,Chapter 23 A, Section 3E, Chapter 40, Section 59, and Chapter 59, Section 5. Said exemption shall be granted on the improvements to the BUILDING. Said exemption shall be valid for a period of Five(5)years, beginning with Fiscal Year 2018. During each year of this Agreement,the COMPANY will pay taxes based on the portion of the value of the BUILDING which is not exempt under this Agreement. 2. .The exemption schedule on the value of the BUILDING works as follows: for each of the Five(5)years of this AGREEMENT,the COMPANY will pay taxes on a percentage of the value of the BUILDING and be granted an exemption of a percentage of the full value of the BUILDING. In Year six(6),the COMPANY will pay taxes on the full value of the BUILDING. FISCAL YEAR EXEMPTION 2018 100% 2019 80% 2020 60% 2021 40% 2022 20% C. OTHER CONSIDERATIONS 1. This Tax Increment Financing Agreement shall be binding on all subsequent owners of the property. The CITY reserves the right to review and negotiate the Tax Increment Financing Agreement if the business activity ceases to be fully operational during the life of the Tax Increment Financing Agreement. 2. If the COMPANY decides to expand the BUILDING at any time during the life of the Tax Increment Financing Agreement,the CITY and the COMPANY may renegotiate the Tax Increment Financing Agreement to exempt all or part of the expansion from property taxes. The exact amount of that exemption will be determined at the time of the expansion. Executed as sealed instrument on the day and year first above written. CITY OF SALEM HOTEL SALEM REAL ESTATE HOLDINGS,LLC Kimberley Driscoll,Mayor Rich Cooper,Principal F RESOLUTION WHEREAS, Hotel Salem Real Estate Holdings, LLC (hereinafter "Hotel Salem") wishes to purchase and redevelop the building located at 203 Essex Street, Salem, MA, known as Assessor's Parcel ID 35-0240-0 into a new 44 room boutique hotel; and WHEREAS, the City of Salem (hereafter "CITY") is willing to grant tax concessions in return for a guarantee of the purchase 203 Essex Street in Salem, and redeveloping it into a +/- 27,700 sq. ft. 44 room boutique hotel, and the creation of employment opportunities for local workers; NOW, THEREFORE, BE IT RESOLVED that the Salem City Council hereby • Endorses the use of Tax Increment Financing as a tool to encourage economic development at 203 Essex Street, and; • provides for a tax exemption at 203 Essex Street for a period of five (5) years, beginning the first full fiscal tax year after Certificate of Occupancy is issued for the new building at 203 Essex Street in Salem in accordance with the schedule below: Term Exemption % 1 100% 2 80% 3 60% 4 40% 5 20% Said exemption being in accordance with M.G.L. Chapter 23A, Section3E, Chapter 40, Section 59, Section 5. BE IT FURTHER RESOLVED that the Mayor is hereby authorized, on behalf of the City, to enter into a Tax Increment Financing Agreement, a copy of which is attached hereto, with Hotel Salem Real Estate Holdings, LLC. , BE IT FURTHER RESOLVED that the City of Salem is hereby authorized to submit an application to The Economic Assistance Coordinating Council (EACC) for approval of the Tax Increment Financing Agreement. f . - •' - .� � - �s q is - - 1V is u +� r° ,t 1' jl' ♦ � its U i FI p, ti�lI � gLl j '�' L� '�"` t�.l'"a! +n,,.d, r � �M�'fJ� I w � v��Y al ��• y��r 9 1 ,•• I i— ' ❑ S� yrC � �'-c !�a! '+- '� v �5�� ,. ,Y�I ri rl tt CJ,n spy ; we S 4 Y { W y; ( � `"^= r � .�. �� �, �'• � �' �', r ..� 111 i W -vj-1t, HOTEL SALEM Salem Redevelopment Authority DESIGN SUBMISSION September 15 2015 Salem Redeeclopment Authority I HOTEL SALEM CONTENTS A. SUBMISSION CHECKLIST(S)......................................................................................................................5 EXTERIOR IMPROVEMENTS............................................................................................................................7 PROPOSAL.....................................................................................................................................................................7 DESIGN—FACADE IMPROVEMENTS...................................................................................................................................9 ROOFTOP I TERRACE LOUNGE....................................................................................................................................... 13 PROJECTSCHEDULE ...................................................................................................................................................... 14 OUTDOOR CAFE PERMIT..............................................................................................................................15 SIGNREVIEW...............................................................................................................................................16 APPENDIX....................................................................................................................................................17 DESIGNDRAWINGS......................................................................................................................................20 Submission Checklist 13 Selem Redevelopment Authority I HOTEL SALEM A.SUBMISSION CHECKLIST ------------------------------_--------------------------------------------------------------------------------------------------------------- S_MALL PROJECT_ REVIEW _ _ # Requirement Response/Cross Reference 1 Letter requesting to be placed on the meeting agenda... See:E.Appendix(Small Project Review Exhibit B1 2 Written statement of proposal... See:E.Appendix(Small Project Review(Exhibit BI 3 Proposed time schedule for completing the improvements. See:Exterior Improvements( Project Schedule 4 Outline specifications and samples,for site improvements, See:Exterior Improvements(Specification(Brief Outline) exterior facades, roofscape and interior public spaces. 5 Scaled Colored Drawing See:F. Design Drawings l Hotel Salem Schematic Design 6 Building Elevation denoting proposed improvements. See:F. Design Drawings/ Hotel Salem Schematic Design 7 Sample or Description of Actual Materials and Colors... See:F. Design Drawings/ Hotel Salem Schematic Design 8 Photograph of existing building front and contextual See:Existing Conditions/Photographs photograph showing the surrounding buildings. �QUT_D,OOR CAFE- PERMIT # Requirement _ Response/Location Letter of Intent stating the need,location,number of Pending/future submission. tables/chairs,plan for securing the tables at night and any other pertinent information... 2 Letter from the property owner(if leasing)stating that they Not Applicable with pending sale of property to Lark Hotels approve of the proposed outdoor cafe. 3 Cafe Permit Agreement Pending/future submission. 4 Site Plan(drawn to scale)that indicates the dimensions of the Pending/future submission. sidewalk,proposed seating location and site features 5 Photograph or catalog specification of the proposed site Pending/future submission. furniture(chairs,tables,umbrellas,etc.) 6 Liability Insurance(covering the entire seating area) Pending/future submission. 7 Approval from the Licensing Board and the Board of Health Pending/future submission. ISIGN REVIEW # Requirement Response/Location I Complete Application. Pending/future submission. 2 Scaled 8.5 x 11"Colored Drawing(1/4"=1')denoting letter Pending l future submission. type(font)and letter heights Building Elevation denoting sign placement on the building(in color) 3 Scaled Cross Section showing detailed methods of attachment Pending/future submission. 4 Proposed method of lighting,if applicable Pending/future submission. 5 Sample or Description of Actual Materials and Colors Pending/future submission. 6 Photograph of existing building front and contextual Pending /future submission. photograph showing the surrounding buildings Submission Checklist 15 • - .. -• •• • • - f S x � _,_-•..� �'�stye WA •• .. • 1• ".3'y✓"t ,•m. n '���J��LICIi��� a / R�'' ,/a 1 FIRM: , It . uu U-11 G J r_'' U f¢ ✓vk- t PIP ��Lall f! o IN op r, • i ?IIIA c :SLP a a t) � SII' - . • • • . 1 il' �»+ '{I I • • r'" C d ( 2 a � s iii a 3 7��_G t 1, . i pm� , •• •. _ - ���1 �rl ;� � �71 t} �9a r 1i`It r 7s 4a . '� 1! � ""* ��' �,�,." '.'�".-•`'"rte'- �� �r � � �1ifUNG �F00� "-la.:.�=. s ``✓ t ,ems 1se..F' - ter'.v�sn as."' e'. HOTEL SALEMIDesign Submission EXISTING CONDITIONS/PHOTOGRAPHS 209 Essex Street is located in the Salem's Urban Renewal(65) district on the Essex Pedestrian Mall between Derby Square til and Central Street.Along the east side of the building is a f d C :i,�kR1C Old Town Hall amid Derby Square. ��uApH / + S"s, l public wayknown as HolyokefCourt.To the south and west is ' ccts¢awits t a ' •• t ff auk t ' - _ � .a N►a11 � E,sez,pede t 5, P Y , I I � N_ t n 4 ` k_ 1 Front Street - a The building has undergone numerous exterior modifications f 1 in nearly every decade of the early 201h century.The latest r ' significant modification occurred c. 1972 . y � The building is masonry bearing with largely timber frame. Three sides of the building are simple red brick with numerous large windows.The masonry is in good repair.The windows(replaced c. 1972)are bronze colored aluminum and glass. The North Fa4ade features blond brick with a generous amount of carved sandstone above the first floor.The Essex Street storefront is a combination of pre-1972 modifications. ,t d ' k k: LY 1^'M1Syh" 81WINTER STREET 'e e' o_0 0 6' o o' .o o' omo• eme' romo oma omo• I' 1 [f �1 [ B f -1 I 1 I 1 I - I [ -_ 1 E 1 CF��1 F •B [ 1 F � 1 I�1 [ 1 [�I [� b9�,e be��.e ®e.�, imp uim& o.:Z �, ®yga�at. ®. �i _ MINIM MO MIN y @ _ r I > .®. � ! �• � •� � .,� p 'awn-. �Illal- III 4p m-An& • E� � ��� s f 1_�'.�l it c _ r, � r , r, �r yyjj�'y't t: �� D-O„OiAb�, 00A�� ,- � I -I I • - Vie' �i. �® - a III I. I �.. IH�._•_)._. .__ Y� •11 I I -- ,�,-it-�.z',�.' '."s"+n"-.iF"��.�"'7£'-2��...'%^°�w�°°A,,..os>'&+s$,o§�s.a�a•w�w �ea,� T`� _. - ® Pim MEN Ilan irill'07,77,a an L —7 .n r"�F �j� < r%' •� T`-€�`3--3-��� '�`_� _r=r��-s�g�Ki�r�i r ■ - iii HOTEL SALEM IDesign Submission CN, EW FRD7E55 EXE-PEDESTRIAN, MALL var yy'�V r y x e �,�G -1 , . kill Y�yp, H14"r4� I' j )I"' 6y` ��5i1d "an .rrr' �',. +«.• ,... 4�'�'r T��y l�r I�t�1 .,s t�� +, tf � f ., f�fw 'R.'�`u„ r �.. � Pini M +^...`+-r�� t'. 'f'r °_iyn I'��`'t t .��"•.. f �i{`"7 :a 4Y L..'a Y r€ r r .S.t f 7�.�'�*v c r 1 �• . !> 1 { k 7 I N;Bd jai r $ae� J i LZI WINTER STREET ARCHITECTS, INC. � � - , bwn s � �w f n /Sid i ty. 19:•�� .�4.0 MMENNOW1-M / ..wn�G`' 3 �s • I �� �� HOTEL SALEMIDesign Submission Project Schedule Lark anticipates closing the purchase in late September and will take possession in early November.Tentative plans includes SRA permit processes extending through 2015 but hopes to expedite the exterior improvements so that construction can commence in late 2015. SCHEDULE__- DESIGN AND PERMITTING_ 2016 Mar Jr May Jun lulAu Sep Oct Nov Dec Jan Feb Mar r Ma IDeslgn 11. ( 7 I rior Improvements f I Interior Design r , . I . I 'moi onstructionbcouments 1 , Construction Documents 2 � 1 1 Design Review Board; Ol to io Improvements Introd• TF + tdoor WE Permit , ff I 1 i iRedevelopment Authority IEx! n Impro me is i Osig6 ! f I + . Outdoor Cafe Permit 1 , 1 e , a _ IBwld�ng Per It { 1 DemoandExterior Package 1-4 t 1 I i lance of Project' SCHEDULE_— BUILD-ING PERMIT AN:D_ CO,SNTRUCTION- _ - 2016 12017 Mar May JunJMalun SONov eJan Feb Mar r MJu (Design A7 w Bo Sr-r Design 6ewew Board (- N, p 1 rl Y'T-Yf r'll �Redevehipment Authon-I -- -- !Building Perinit C "' - - -- — -- ' De mo and Ezteor Package ! ' t - lanceof Project n wI __ iuctlon be nl I . I � ' ' � - nterior Nenova6pn I ' - - �erie Improvements j. i -_ :. '.. --- 'Porn tore Fixtures and Equipment Clozeout 14IWINTER STREET Salem Redevelopment Aud,Oriry H O T E L S A L E M OUTDOOR CAFE PERMIT --------------------------------------------------------------------------------------------------------------------------------------------- Additionai Information i Al be:provided with subsequent submission. a Izz:= 4 r r'� villi ¢ i. - nr, { i - `'t: , . �p 3 s h 1 SYJr sou �z �� ! L - x: } t > '• , C E'G Cf• �t1 th ,4yrti.�,;S 1 � °..`. r i} Outdoor Cafe Permit 15 HOTEL SALEMIDesign Submission SIGN REVIEW --------------------------------------------------------------------------------------------------------------------------------------------- Additional Information will be provided with subsequent submission. C4 F s Nq qj a C inn Soo47 n 4w r � r ,a I�' p 16 I � `af 161WINTER STREET '':4A,Y 1-I Salem Redevelopment Authority I H O T E L S A L E M APPENDIX --------------------------------------------------------------------------------------------------------------------------------------------- The following documents are incorporated into this submission according to the requirements deiailed in various document published by the City of Salem Department of Planning and Community Development. ISMA_LL PROD-ECT REVIEW Exhibit B-I:- Letter requesting review. Exhibit B-2: Letter of permission by property owner. [OUTDOOR CAFE PERMIT Exhibit C-l:Letter of Intent/pending/not included Exhibit C-2: Letter from Property Owner/pending/not included SIGN REVIEW Application for Permit to Erect a Sign Appendix 117 HOTEL SALEMIDesign Submission Exhibit 8-1:- Letter requesting review. i Lark hl 'I 0 T Et S Dear Ms. Duncan: Lark Hotels represented by Rob Blood and Rich Cooper,request to be placed on the Meeting Agenda of the Salem Redevelopment Authority's Design Review Board on September 23,2015 for a small project design review. We intend to review signage and outdoor seating for the project at a later meeting in'the future: We have engaged in a Purchase and Sale of 203-209 Essex Street known locally as the Newmark Building. We intend to develop the property as the Hotel Salem,a 44 room Boutique Hotel that will include only minor modifications to the building exterior and the installation of a roof deck having food services provided. The Hotel will provide 44 guest rooms that include'1.0 micro-rooms,6family rooms,28 standard rooms with king or queen sized beds and the Lark Suite. Hotel support spaces and.a commercial kitchen will be located in the lower level with a lounge area featuring two bowling lanes to commemorate a former use'in the building. The ground level will Have the hotel lobby,a coffee/food service,lounge area and meeting room;with 6 family rooms and hopefully include some outdoor seating to be requested at a later date. The 2"d and 3`d floors will be guest rooms and the roof will have food service and seating requiring the extension of egress stairs and an elevator. Screened mechanical units will also be located on the roof. Exterior modifications will include:a new storefront and,where required;new windows in existing openings,and few new Window openings to accommodate some guest rooms. The Newmark Building is located in Salem's B-5 Zoning District with hotel use by=right,not requiring any variance or special permit. The building is a 3-story above grade building with a total height of 50 feet. The maximum height of buildings in the B-5 Distract is 6 'stories with a maximum height of 10 feet. The roof deck, stair extensions and elevator penthouse will be below this maximum height. Attached are 8 copies of design drawings for the proposed Hotel. We are very excited to bring a high quality Boutique Hotel to downtown Salem and we Took forward to working with you in the design review process. Sincerely, Rich Cooper Lark Hotels 18IWINTER STREET L i10 '.L Salem Redevelopment Authority I H O T E L S A L E M Exhibit B-2: Letter of permission by property owner. Winter River Realty 209 Essex Street.Salem, Massachusetts,01970 Tel.:978-74.4=7379 Fax 978-741-0240 Ms. Lynn Duncan Dear Ms. Duncan: Winter River Realty, LLC, owners of 203-209 Essex Street in Salem, Massachusetts have entered into a Purchase and Sale agreement with Lark Hotels.for the renovation of the premises into a.44 room Boutique Hotel. We authorize their pursuit of permitting Hotel Salem at the location and look forward to its successful completion and the benefits it will tiring to the City of Salem. Paul R.-Durand, Manager ark Meche,Manager Appendix 119 HOTEL SALEMIDeSign Submission DESIGN DRAWINGS ------------------------------------------------------------------------------------------------------------------------------------------- HOTEL SALEM SCHEMATIC DESIGN PR1.1 First Floor Plan PR1.0 Derby Plaza Level PR1.2 Second Floor Plan PR1.3 Third Floor Plan PR1.4 Roof Plan , PR3.0 Essex Street Elevation—Existing PR3.1 Essex Street Elevation—Proposed PR3.2 Holyoke Court Elevation—Existing PR3.3 Holyoke Court Elevation—Proposed PR3.4 South Elevation—Existing PR3.5 South Elevation—Proposed PR3.6 Derby Square Elevation—Existing PR3.7 Derby Square Elevation - Proposed 201 WINTER STREET . 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