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Memo- Marketing Strategies- Depot Coffee House Project . I Office of the City Manager [ Memorandum To: Honorable Mayor and Members of the City Council From: Steven C. Mielke, City Manager Date: June 4, 1999 Subject: Marketing Strategies-Depot Coffee House Project The city has received some complaints about the Depot Coffee House and its competition with private businesses. The Council has asked that there be a discussion about the marketing strategies employed by the Depot Coffee House, especially with regard to its marketing to adults. Attached is a copy of the 1996 business plan and a sampling of the articles and other e materials the city has used in helping to advertise the Depot. mayorccmarkeldepol . . DRAFT - 7-29-96 THE I>EFOT . ~ 'ri'oaae Highway 169 & Excelsior Blvd. Hopkins, Minnesota Business Plan A joint project of: Students of Hopkins High School City of Hopkins Hopkins School District #270 . Hopkins Police Department And Our Greater Community July 1996 These items \vill be co\'ered in a cover letter anacbed to the Business Plan Appl1cation and Expected Effect of Loan or Funds . How are the funds received as a result of this request v.:ill be spene \\11at ""ill be purchased? \\110 is the suppliel ') \\ 113t is the pri ce') HO\\ will the funds make our business more profitable') e e ---- ---- ---- . Dear Funders. On behalf of The Depot Coffee House Board_ I am please to present the enclosed business plan for Your revie\-\' and consideration The Board has work diligently to prepare this business plan, \\'e believe we no\.\' have an understanding of the physical. financial and operational requirements of a student-run coffee house and teen center We have enclosed our architectural plan that is responsive to everyone's needs We have an operating solution that is responsive to the operating and budgetary constrains of the facility \Ve have identified a plan to have The Depot Coffee House in operating bv first quarter 1997 We are celebrating a successful collaboration between the partners Through this unprecedented project youth in our community are taking the lead in creating a solution for a long standing problem for them. They are creating an alterative to drugs and alcohoL while learning: valuable life skills in the process, Through this project youth are valuable assets to the community! and . developing opportunities to build assets within themselves Thank you for you support and consideration of this plan Weare hopeful you will embrace our vision and endorse our plan so together we may continue the task of building a safe place for the youth in our community Sincerely yours, Nancv Scheibe Coordinator . --- T able of Contents . Pa...~'f' Backe-round 1 :-0 Glossan' of Terms, .., - S'cction One: tbe Business A Statement of Purpose -' B LocatlOn of Busi ness ~ , C. Hours of Operation - - - - - - . .:J D Management 4 E Personnel Requirements .:J F The Market 5 G Competition, , - - - - - 6 Section Tn'o: Operational Financial Data A Sources and Applications of Funding 7 e B Capital Equipment List S C Balance Sheet q D Income Projections: I One-Year summary & Notes of Explanation , , , . - 10 .., Customer Base Monthly Income Projection , , , , , . ] 1 - ~ Estimated Food Sales Breakdown 1 1 .:> 4 Growth Percentage Forecast . - . . . - - . . . - , , . . . . 1 1 E Cash Flo\\ Projections ] Detail b\' ~10nth. First Year 12 Section Three: Building Renovation Data A Floor Plan ] 3 B Site Plan ]4 (' Renovation Cost Summaf\ 15 D Renovation Funding Approach 16 . E Construction Management Approach - - - - - . 17 . Background In Spring] 996. a survey of the students in the Hopkins School District was conducted to detennine the feasibility of providing a safe. chemically-free environment for student in the Hopkins School District As a result of this survey. the decision was made to proceed with the concept of The Depot Coffee House while incorporating this information The site of The Depot Coffee House ".:ill be the historic Hopkins railroad depot. \l,'ell-Iocated on the Hennepin county Bike Trail near the intersection of Excelsior Boulevard and Highway 16Q, Following are some of the results of the survey that were used as a basis for the decision to proceed, . Students current frequent many coffee shops and restaurants in the area and purchase a wide variety of coffee house fare, The types of entertainment students are drav./n to arc movies_ theater. concens. and outdoor activities such as basketball and volleyball Things most imponant to students are atmosphere. location. quality of products, types of people present, YOLlth-nm activities . issues that would keep students away from an establishment are too many adults, high cost. crowed, intimidating environment. exclusive student groups in attendance e . Issues that would draw students to an establishment are new offering. their friends, exclusively for students, supporting the community, . 1 GJossan' of Tenns . Terms contained herein will he sued throughout The Depot Coffee House Business Plan The Depot The Depot Coffee House Project the City City! of Hopkins The St lIde[J ts Students of Hopkins High School The Partners Hopkins High School Students The City' of Hopkins Hopkins School District Hopkins Police Depar1menL and Hopkins/Minnetonka Recreation Services The Board Students of Hopkins High School and one adult coordinator . . " - ---~ . Section One: The Business Statel11ent of Purpose The Depot seeks funds to purchase equipment and invelllor\': perform necessary renovations and improvements, and maintain sufficient cash reserves to provide adequate working capital to successfullv stan a vouth-run coffee house and teen center. - - A. Description of Business The Depot is a collaboration between Hopkins High School students, the City of Hopkins_ The Hopkins School District 270, Hopkins/Jv1innetonka Recreation Services and the greater community, in which the Students are the senior partners It will be operated bv a Board in collaboration with the partners. and will function as an enterprise of the City: of Hopkins. a municipal corporation As such. The Depot will have access to the CiTY accountanT- lawver_ and insurance agent, with additional support of the Hopkins Area Business Association and its members Opening of The Depot is anticipated 10 be the first quarter of 1997 We will be providing needed services and opportunities to the community while serving The Depot will specialize in providing needed services to high school students in a chemically e free environment, while serving "A Great Cup of Coffee."' Services to students include volunteer opportunities. peer tutoring. peer counseling. job board. and a computer for doing homework. as well as an opportunit}, to learn first-hand hmv a business is operated Products will include coffee. fountain beverages (soda. juice_ tea, hot chocolate. hot and cold tea), cookies, muffins. sandwiches, ice cream and soup Customers will be the students of Hopkins High School. the community, civic groups, and the morning commuters, B. Location of Business The Depot will be located at 1] 0 County Road 3. Hopkins, Minnesota LocaTed on Excelsior Boulevard and Highway] 69_ it is easily accessible by bus. car, bike, or by fOOL Although the building offers the needed amount of space. as well as bing zoned for commercial use. it does require major renovation, The building is a one-story brick building (a depot built in ] 902) and is leased from the Hennepin county Railroad Authority, The cost of the lease is SLOO per year for 20 years_ The total square footage of ] 844 square feet will be divided as follows: 90 sq ft, Office area 135 sq ft Kitchen and sales counter area 400 sq ft, Lounge area 200 sq, ft Stage area . 500 sq ft, Entertainment area 5 1 9 sq, ft, Multipurpose area, incl restrooms and storage ~ _J --- . C. Hours of Operation The Depot will be open ~even days a wee\.; 35 follows 1\ 1onda\' - Thursda\' 6 30 am - 9am, ::Ipm - 10 pm F ridav 6 30 am - C)am. 3pm - 12 midnight Saturday ]: noon - I: midnight Sunda\' 12 noon to q pm In addition. the facility will be available on a reservation basis to the community. five days a vveek. from 9,30am to 230pm It will also be open one evening a week for retail business and community use Exact day and times \vill be determined at a later date [). AJanagelnent The management of the Depot \vill be a collaborat i on of people with varied backgrounds and experience A Board c.omprised of Hopkins High School students and an adult coordinator. will meet (Semi-monthly) to determine overall policies and guidelines relating to the operation of the coffee house, Informational resources will be provided by volunteer business people e wit h many years of food service experience (combined management experience at the disposal uf this project is \veJ] over one hundred years) E. Personnel Require117ents Estimated personnel needs are one part-time coordinator, one part-time manager. one part- time supervisor_ two (2) part-time student managers. anc seven (7) part-time students for counter help Additional employees Vv'iJJ be incleased as the demands of the project increase, Volunteers \,,'ill be used to fill in during special events and other bus)' times The coordinator's responsibilities \.vill be to focus on the student and community needs as it relates to the over all project, \vith direction form the Board The coordinator will also be a voting member of the Board The current coordinator has many years of experience in human services as well as running a small business The manager will be 21 years or over, preferably with a college degree. experience in food service. and possess a great desire to further the well being of the youth in our community-- their experience in this field Primary responsibilities will be to focus on day-to-day operation and management of the coffee shop segment of this project, Manager will take direction from the Board The supervisor's will be:: I \'tars or over_ and possess a great desire 10 further the well being . of the youth in our communIty. and have experience in the c.offee house field P,imary ..:j . responsibilities will be to oversee the operation of v.'hen the manager is not on duty Supervisor will take direction from Board and manager lssues requiring immediate attention \vill be decided b:--; the student manager. manager and site supervisor and, when possible. with input from the coordinator. to ensure that the other partners' needs are addressed, Issuer requiring Board authorit\' \vill be delayed until the nest meeting of the Board Student managers will make decisions. whenever possible_ concerning the daily operation of the business with the assistanc.e of the site supervisor. and will repon to the Board, The student workers will repon to the student manager Employees will be paid on an hourly basis, as follows C oordi nalOr - S; 1 5 hour Manager - S;G hour Supervisors - $7,00 hour Student Managers - $5,75 hour Student Counter Staff - $5,25 hour i\JI employees of this project wi]] be considered as employees of the City, Guidelines for pay increases and cost of living increases are determined by the preestablished guidelines set by the . City, All of the employees of this project wi]] be employees of the city, Fringe benefits offered are outlined by the City of Hopkins employee manuaL Training OPPoJ1unities will come from a variety of sources Asplund Coffee company_ a trade supplier, will provide managerial and technical help which includes training staff on the use of equipment and information about the coffee itself. Food service people in the community have offered to assist with general food service training The Police and tire Department will train all staff on fire, security, and safety issues, These will be provided at no cost to the project and will be done in off-peak hours so as not to interrupt the flmv of business F. The A1arket The primary goal of The Depot is to finance a safe place for students by selling good food and drink to students and the community The goal is not for profit--it is a youth center first, This is an important aspect of this project and critical to its success Our target market is 3 -fold' (I) teens in grades 9 - 12 and up to two years past graduation (2) community and civic organizations. and (3) commuters and community members who want to purchase coffee and other products_ These markets will be separated by the timing in \vhich the facility will be available to them The grovvth of these three markets will vary, The student population will remain somewhat stable for the first fev.' years community and civic . groups are expected to remain some\vhat stable as welL but \vill grow as the communit\' grows The commuter traffic is expected to increase as the years progress as mme of the 5 -.- -- - popularion moves out in the suburbs and commute~ to \....'ork . The fIrst market group is comprise of approximately ~_~OO students (900.0 of students surveved indicated they would use OUT ser;ices or attend the coffee house at least one time a week. although this appears to be a very optimistic number CommuniT~' and civic groups number 4~_ of which 10 00 haw shc)V,n and interest in using our facilit\,. 1 1.387 Commuters pass our location each morning. we estimate that 100 \\'ill STOp 10 purchase coffee The business and project as a \\'hole is e"pected to grow and expand to meet the community service needs ufthe sTUdents and the greater communit\' ]t is located on a major thoroughfare, near bike trails and bus lines. and in a well-kncm,n building Pricing \I,'il1 be competitive y/eT affordable for students. While it is intended to be competllive enough 10 support the majority ifno al1 of the service The Depot offers_ the first prioritv is to make it affordable to the students to ensure their consistent rerurn to The Depot The intentlOn is 1000 above the break-even mark The goal is to create a working budget that wil1 al10w us to c>.:pand as The needs of the project become clear, as directed by the students Surplus mone~' will be di\'ided as fol1O\'/s 2500 for a student scholarship \vhich will be available to anyone to any'one who v..'ishes to apply; 25~,o for expansion of the project: 500'0 donated to the communiT\' Grmvth strategies include advertising in local and school newsletters, worK of mouth from satisfied customers, periodic surveys with incentives of a free cup of coffee or cookie. e comment bo'\es at school at the facilitv, Students/customers wi11 be involved in the process of solving issues or concerns_ therebv furthering their commitment to the project The studen( s presence in the volumeer cOlllllluni!\' v,:ill also act as an ongoing advenisemelll Special events will be help periodically to bring in students and the greater community and keep them informed about what is happening at The Depot G. Conlpetition Local competitors include Wend~"s_ Perkins_ Bakers Square. Dunn brothers. Caribou Coffee and Starbucks Research shows that their business is steady and increasing, They offer quality products_ reliability, polite help and location Students frequent these places because they allow' groups of Them 10 "hang out", and in the case of Perkins. into the late hours, Hov,'ever, these locations are not specifically designed for the students, but are geared toward and older crowd or a family atmosphere, \Vhile The Depot will provide manv of the same products, the environment and services will be geared to students at affordable, yet competitive prices Hours of operation will cater to the student needs . 6 . Section TH10: Operational Financial Data A. Sources and Applications of Funding All Sources: HealthSvstem Minnesota 5;]),000 Total total sum nreded for project A ppl iC:l lions: Start up inventory Equipment . W Of king capital to make us solvent for 4 months 69jQO Cash reserve for contingencies 10_000 (Need 5.000 for insurance deductible on claim) Total must equal above total . 7 B. Capital Equipnlent List . '\1ajor Equipment and Cost 0 r List Price 1'\ormal Accessories: Acquired Need Refrigerated Display case 2000 Pastry Display case 3000 Refrigerator/ Freezer Micrcnvave 300 Espresso Machine 8000 5.UpLlI fl'ama fH3/fS-1 Oftice Desk 500 Minor shop equipment 600 knifes, spoons. trays, boxes, cleaning equip, elc . Water Purifical10n S\'stem Ice Tea !\.1achine Total: 8800 5600 Other Equipment C ash register (donated I 500 C a1culator 45 Computers (donated I 6000 Computer sofhl/are 600 Total: 6500 645 Capital Equipment Total: 15300 6245 . 8 . c: Balance Sheet The Depot Coffee House April 1. 1996 Balance Sheet Current Capital - Operational Construction Assets Current 13AI5 34_920 - cash Fixed 15_300 - eqUIpment Other - Donations 22_590 committed Total Assets 86225 . . 9 D. ProJected lncofllt' & Expense S'tatt'!nent Th(' Dt"pol Cufh.... Hou~(. ,\ f.~""-,.d Il~l:'- ... nlJrhllr _'{Hr't, ,_";f'itt.:x:. XOj, n l)Ul..."f l. In('omt Pruj("niHI\: On(" \("IlL Summllr~ ( i1.tiIJ.... Pn..~ju.j,~ 7(\ -"I (. . [)a," Pr. xluel' JQi,."'fQm :':,/t-1Q U\CO '" E ("_h~..."- Hl:'YL'1,,:..lgt..-'7- -ll).:it. H"l"" and h...d II"'TI' ~1.(o1i' A r.. od lk~'" 1','1 7" 1 J l)l 79J B : T -slwL< re'r \\ a:l al 5d: J1,i;'i B f'nHlI~L1... :_...J~h' "* 11l1l~"'" p(."f \\ C\!k ~ll ~t. l:~f; :~"'(, ( b"llll: I<e"'" 1 I (lOll II : 1 -",,11., re, \\ <0:\, al ~~ ,<, -11'0 ~ rrru~ r~T ~-l, d.1._ al S:: .:..() ':;:'{1 n Ulirl-'m~>_ ~Urr(ln of Hilrk.Dl~ Ja~L'.L't;...~ ::';_POL\ t'K'l.t.i Ih~1l1~ l \ )tlcc Pn)dlllt~ :::~ ;;;7: F .-\nnual hu,dr",m!; Efi.m \' om, D.lln. Prudlld' 4~()1' - ICe'LTL.:1'nl 1 :'_~X1 (~t'f H~\'erilgL..;"" ~:::_3!' Hak"" and h.,d hc'"'' :~. 77~ F D"fhl,,'hl" llelll' ) <, 71,(j q: 1~x (; I FleX'! $10() ",onlh 1-1()(j (r;l.... Sl ~~IIlIOlllh If;(lil TOTAL INCOME n52S7 II '"kr SoC-" LT, II a~ e 5,1" 'TlI>1l ~211 ....j (12(1 ,I ( <....'rdill'll,'r, ,(I 11" w~ :JAUO . ;? "H~ SLlr~nl"'" - JO hI' w~ j :;-:-J:. ~9:-\-f(~~ J..': 1_ " OPERA TlNG EXPENSES 1 Swd<-'l11 ,\1"11""= - ;!U h" nI- l J,YI;U i Slud"'nt COUlllLT "lalr 1 ~~ ~4P II (1I..;:l of nl:JlI.,Tl~tb q:-:~:~: .K.., hi, ~ -- h 1"H(,-Cnord& Supc~rn...fl.r.. 1~31)1 I r li'rll~'" ...J. tl:: 0 11"," - OUI<'l" ~vtj 1. 7~1 ::,104 ,I S" Ian", ~:1_(lbX L (lu"r1e1'h "~..."kller 1'):\4 1)Il:mL'fh Sun S:lllnr .-\d IUIlII . h 1';1 'Toll -},,,-,,, and Baldit! :: 1114 Pnnl F)~ ~~ i rHnn - ) OOiJ L'Oph:.":' 7~(1 ,i()~ I. ,-\d\'~I<,m~ }.~(I~ \1 Jipq~gc: 1111111 \IJ,<' :0110 \I Olli02 Surr""" J.HU(I :WIJO \ .\.10~1 UlsUraTlC~' <.."'tl\'t:ia:l h\' :..he' CJ1\ 's ln~uranQ.' 2()(I "f Hoplm' - nlh", pollL' 200 0 \/amlc>wllL\C and ClL'<mUJ~ '_:>;-10 () \, '""~,, S~(} (,([0 - \kd-I,mlcal tll"P=i,)n i4S r L<-'g.ll and ACL"OUTlllng U \11s(' LtmHng(::'}L""\ ~ ]X-Il' Q Del",,,, L'{Ict'l'''' 11.1-11.' P -nl" lll\ uf Hopkin' Ll'\'~n IhlS II () Do:l"',,,,' o[ g<>OJ" S1U " "",", W-IO H. I,h..2~1~~ (I R LI=h'" Ii S T ckVlion c' 72[,1 S "j"kphonc - ] IlIlc ::2(~ ~ Dq>fO--'1alion - <'quip and fhmishmgs T Dq>rcciallon l.l :::0 -1,5". baM"d on ::O,!l(JO 1115 't \1,s.: - Genc-ra] hOld 111)0 l' \h,~lbnd)u, , 1~[J l-nifom~ 40 ar 4,50 I;:V s,no\\ J{c.1110'\.'.i.J! 1\00 Y Rall \ \\\kagc HJOO food ::Oll!! TOTAL OPERA TIO;\, EXPENSES 219-158 !\iU'K \nISI l11I011>- ,'\SC ,\1' or SCSAC :00 : 11'U V KdU .1'1 \C-:-lr k~.:.t\l..:lt S! \'e.Jr 1 ~ET PROFIT (LOSS) 15829 . ]0 . . ., Custo/ner Ba..e Monthh' Income Projection - FCK)d rurch~~t:'.' -- BaR'l' I '~I .-\t..>l'.et'~ ,-'\ven.i?'<' nail>' ,;veru~.(' TO[;ll Set"\.-lt..:e~ :\nendanc<: .A.n\nUnl ~pcnt ~ruJent' ~20n , . ("l(l J. 'in 4<:1 Co 111 [llU rer>' 11 ,II ,'" J., ] 7n ~-~ ~ ~":;'2_~ <:Wnen,1 CommunH" and C",,, i] ~lrnlJl'':: ~ llnHlp~ wHl~ <1 .'on l- t )re-dni1.a[inn~~'" t 1 (\ l'~(l)'le TOTAL 240 489.5 . ~rllcr~IIIHlll~Tf\ ,'alld~TlI .. IlelllH'l'lll (:t~ ':>trrrr (:ell,<l, lnr l Xl ,.1-1<>1 Bhd ]"h I ), IlHJ4 (Fnr 1" IlIf' ""lie,' "hop ...tlll", OPI'IlI ....... 12 churcht'::=-, ? 1 ()r~.HH::..t-Itjoll:-'-. ~ '~..nClai St'"fYl(e rt!:!'t.1H .t':-- ?\lonthlv Income - [laih- TnTal 439 X l\l\'S in ;"1011. ')0 14670 -, Er.;tiInated Food Sales Breakdown J. OJ tllt' toTal ,<;ales: C()fke 4()'X) Dairy Products 15% . Other Bt'\'erage,~ :2 I (x. Bakery and Fnod 24% 4. GroHth Percentage lncrea..e Forecast Vari:JbJes In annual cuSLomer base are as follo\\'s: Students Initially \\'e c"pecL hIgh ralio fiSl month due to curiosin Stabilizes for 2 monLhs Lhen Increases agam Fcb and I\1arch the l)th h'Taders are in\'itcd to attend Sunuller increase Commuters and Community No incrcase in first 1'\\'0 months then a stead\' mcrease General Community and Civic Organizations Lise Stead~ increase after inllta] L\\'O months Other Variables J an and F eb arc lhe sIO\\'est months in Lhls lI1dustry Dec is anoLher slo\\' month in tJ1is industry Spring shows an mcrease in mdusLr:' sales. \\'ith May being the Eo'Teatcst Fall (SepL Oct) sho\\'s an increase In mdustry salcs Increase Projected Jan -1%_ Fcb 0%_ Mar O'~o_ Apr 10(1, May 4(~o, Junc 3% July 2'>;,- Aug 20;" Sept 4(\1_ Oct 003" NO\ I'l,(), Dec OOrn . I] , -, E. [-:15h FloH' Pn~iections . See bUlsneSSSlnl . 12 . I l- (,> L /, _e L I I .' 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" ;; r . ~ -~ u ~ d:: f" ,::; e ;:: '0 rFc " " - 1;:; .....: U ':i S Oi I:; Oi " ~ Z "'" "'" rIJ c- "'" J 'J . ~ " 'ii 'J Z '" v "- G "- ~ Or, ~, U -;; 1- e: G 1: Oi ~ '-" "" c; ~ " - " " - W :.... v :::: t- - [fj ..0: :.; - ,<', - - ""' "'- ;:>:; ~ ..J - ~ =: ::.; ...J Z ""I': 0 U 0 ~ ~ f- ~ 00 U f- Q. C ~ ~ 0 ~ ~ i::l ~ ~ :; l-- . Section Three: Building Renovation Data A. Floor Plan ' I II L ~ 0:S} · JP ~O llid if] I U~j i I L_____________________/ I J I - , I i . -- - - - - - ------ - - -l.-;._ _ _ -- _ _ --I , ,[i? / , , '~~ ~ I t V~ V ... --', ill,} _-. .' ~" {:/ .,' '- . I ~.~ '-. .Ij;, "0 "i. { -- ,,' I ~ I "' I :------~-: t I' .J1 I ~~; < . . ; ~ n , I I 13 Ii ~ I ( I " II I ~-- r ~ I ;J11 - I I .1- . B. Site Plan , "!', :;: - i " "--- - - " - , J \ - I I ! -' d~ ~UJi:d ' ~ -, t - - I .~l I I - I (- - ~ ' ........,.. I ? 1 ~ ) (1 - , ,.., , I ,\ , :',1 - - 7- I <.0 I ~ \ i / 1 ,/ ~ i i I -- ~\ , ffil I: 1.- - \1\ U\ , I I - C' . I \ I. '.J,.:J.l, \ "-I rJ i1 ' - - N '7 ....-1i \1<- tj, ~ cL I \'-1'\ ! I I iJ - ~ ,- I UJ ' ~ ~' I ~ 1(\ i ,~ 't - - , Vl ~ : -.J I~ - ~ l ill '~ ~ 1\ Jilt - t I ~ ~ ~ II - +Z · \ ~ c~i ' I - - ::J fl \ ,~\. ' a.. \j r " ~ l \ i ~} ~ 'I ~ I I=!-~ //1 ~ iCi5~ ./ ~-- : , 1 ,\ _~ r - T ,,: \ ~ - ! ~ - N ~ I U'. -~ '~_0~ -', L .,-~~ \ 0" -- - -:- ~, - ~ -- - - : \ _ 'i\ I - \ - . "+- ~~ , _ I 'c ....-:1 ----- . - - -...- ..... j I ' '~ ~ ".-~ - - I' --..--.:.-f\ '...;~?' - ~ - _---L ~,- . I I! ":"- l4' . _ __.......~, .--'J.... ~ __ I 'r '.. ~'f'>.. I ,. i ':l.,'::~'/ - ? ....-_. I I -.- n J I -- I I - i c: Renovation Cost Summary I r- , , . : i MORTENSON 7/16/'36 r I , J fl.t' Consr rl<Gl{J<l O'?Oru.:anDr: > 1:44 PM Ii I! I I I CITY OF HOPKINS I J THE DEPOT COFFEE HOUSE : HOPKINS MN. , ! C.S.1. SUMMARY FOR CONSTRUCTION BUDGET COSTS Cost per Total C.S.1. DivIsion Breakdown GSF Cost Of V i-GENERAL REOUIREMENTS 5967 516,256 OIV 2 - OEMOUTION/SfTEWORK 546 1 0 S 77.461 OJV :3 - CONCRETE 51,57 52.639 Of V 4 - MASONRY S 14,53 524420 I OIV 5 - METALS 50,00 SO r Of V 6 - WOOD AND PLASTICS 521,63 536,34<: DIV '/ . THERMAL & MOISTURE PROT S106/ 517,929 i .i Drv. B - DOORS AND WINDOWS $13 16 522 11 ~ OIV 9 - FINISHES 519,6<: 533 007 I DJV 10- SPECIALITIES 51 03 S',,738 I Of V 11 - EOUIPMENT Sl,88 S3 ~ 59 OIV 12 - FURNISHINGS 50,00 50 I OJV 13 - SPECIAL CONSTRUCTION 50,00 SO OIV 14 - CONVEYING SYSTEMS 50,00 SO OIV, 15 - MECHANICAL SYSTEMS 516,07 $27,000 DIV 16 - ELECTRICAL SYSTEMS 515,32 525.750 Subtoia i 5 ",71,29 52f7.S",( Subcontractor Bonds SO SUDlotai 5287,81/ Escalation 0.00% SO S ubtoral 528/.81/ Contingency 5,00% 51<:,391 Subtotal 5302,208 Liability Insurances .:1 50% 513,599 Summal 5315,807 r:ee 0.00% SO I T ota I Construction Cost 5315,807 Cost per Square Foot 5187.94 /GSF Gross Square Footage j ,630 GSF D. Renovation Funding Approach TOT AL CONSTRUCTION COST 315.807 As prepared b~' M,A, MortclbOU Co, . Change~ in Design - no fireplace 2S00 CURRENT FUNDING Funds Receiwd Student Funds raised as of7-23-96 14_920 General Mills Foundation W.O(JO Hopkins Ja)'cees 10.000 Donations of Materiafs Wellington Windows and Doon - windows 9_196 EDCO RoofiD/! Co, - roofing 13,394 Donations of Labor Cieuer:!l Rcquirc:ments 15.218 . Sikwork 18.473 Masollf\ 145 \Vooo & Plastic 10803 Thcnnal & Moisture Prot. 1319 Doors & Windows 7R36 Finishes 5438 SpCi.;ialtics J 157 Equipment 1081 REMAINING FUNDING REQUIRED 193872 Pending Funding J\lcKnight Foundation 20Jl(JO M. A. Mortenson Co. 25JlOO Super VaIn 15.000 BAlANCE 133872 . 16 -- ---- - - . . E Construction Alanagenlent ,Approach Student Building Committee as a sub commlltee of the Student Board is \\'Orkmg closcl~ witn the agencies lIsted belo\\ gl\ ing direclIon LO the o\'er all project The Board has a responslbdlt\ to prmlde professional super\'lslon for all \'oluntccrs to ensure safety M. A. Mortenson Company \\'i11 sene as the prolects construcllon contrilctor They \\'III mer see the entire proJect and pro\'ldc the continull\ needed in a pr~iect such as this \\ hich in\'oh es the use of man: \ olumcers, both professional and non professIonaL i'iew Leaf Construction has taken the posillOn of coordinating the commumty \'olunLccrs for lhc renO\atlOll These \ oluIltcers \\ ill include both professIOnal and non profcssiollJI Ellerbe Becket is donating all archJlectural scn'ices The\' arc workmg closc]y \\'ith all agencies to msurc all buildmg codes are meet whlie meeting. the needs of the pr~jecl. . . IS 16:5i '6612 914 5850 PLMK STiO 141 0021002 " Support our teens by changing where you get your latte. We are open to the public all day everyday and rely on coffee house business to support our teen programming. You'H still get great coffee for a fair price; but yc)ur money will do more. ~ .. The Depot CoRee House Just East of Hwv 169 on Excelsior Blvd in Hopkins Great COffee... Great Cause 612-938..2204 Open weekdavs 1am~ Saturdav 8am, Sunday lOam