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HomeMy WebLinkAboutSignet Hotel Corporation/Hilton Inns Inc. - 1988-10-03 WA &00, 30 REQUEST Fiw.il REDEVELOPMENI%AGENCY ACTION APPROVED BY CITY COUNCIL RH 91-14 19 April 22, 1991 CIT CLE K Date Submitted to: Honorable Chairman & Redevelopment Agency Members Submitted by: Michael T. Uberuaga, City Administrator/Chief Executive Office � ' �.�,0.. Prepared by: Barbara A. Kaiser, Deputy City Ad minis trator/Economic Development Director Subject: APPROVAL OF CERTIFICATE OF COMPLETION—WATERFRONT HILTON Consistent with Council Policy? [ ] Yes [ ] New Policy or Exception Statement of Issue, Recommendation,Analysis, Funding Source, Alternative Actions,Attachments: STATEMENT OF ISSUE: By the provisions of the Disposition and Development Agreement between the Agency and Robert L. Mayer (The Waterfront, Inc.) a Certificate of Completion is required to document completion of the developer's responsibilities for this phase of the Waterfront project. REMMENDATION: Approve and authorize the Agency Clerk to execute the attached Certificate of Completion and order it's recordation with the County Recorder. ANALY�iS: A Disposition and Development Agreement between the Agency and Robert L. Mayer was approved on September 26, 1988. Section 415 of this agreement calls for the provision of a Certificate of Completion for each of the Waterfront phases. It also requires the Agency to approve such a Certificate of Completion within thirty (30) days of a request from the Waterfront or to cite specific reasons for non—issuance. On December 14, 1990 The Waterfront requested in writing approval of a Certificate of Completion and provided a form of such a certificate signed by representatives of The Waterfront. However, the Fire Department did not accept the fire protection systems until March 8, 1991. Staff received the current request with Certification of Completion on March I4, 1991 (see letter with Certificate of Completion attached). This current request has been reviewed by Department Heads and Agency Counsel and no objection to its issuance has been found. ALTERNATIVE ACTION: Do not approve the Certificate of Completion (provisions of the DDA, however, require that without citing specific cause, the Certificate of Completion is deemed approved thirty (30) days after a request). l6, �,d LO h LI ;tZl3�� Ally vlo/lm �6.i RCA/RAA RH 91-14 April 22, 1991 Page two BINDING SOURCE: Not Applicable. ATTACHMENTS: 1. Waterfront Ietter of March 13, 1991. 2. Certificate of Completion. 3. Inspection Record MTU/BAK/SVK:jar 9722r i E TH E WATERF FONT March 13, 1991 Ms. Barbara Kaiser, R E C E I V E D Director of Housing & Redevelopment MAR Redevelopment Agency :f i�gi City of Huntington Beach FEDEVF.L0PMENT DEpr 2000 Main Street Huntington Beach, CA 92648 Re: Certificate of Completion The Waterfront Hilton Dear Ms. Kaiser: As you may recall at our meeting of January 17, 1991, you agreed that you would execute the Certificate of Completion for The Waterfront Hilton when the Fire Department had "signed off' their correction list. On March 8, 1991, the Fire Department was satisfied with all the corrections and issued their final approval, as shown by the copy of the inspection card with their signature which is enclosed for your reference. Therefore, you will find enclosed a revised Certificate of Completion ready for execution. Please note the effective date has been changed to March 8, 1991, the day of the Fire Department approval. Also, I have enclosed a letter from our general contractor to the City dated March 11, 1991 wherein they have indicated they have completed all necessary work for a Certificate of Occupancy. Only two correction items are not fulfilled, but those are for non-code issues regarding items deleted from the general contractor's requirements by the Engineer of Record and the Owner. We are satisfied that all work necessary for the Certificate of Occupancy is complete at this time. r The Robert Mayer(corporation 660 Newport Center Drive, Suite 1050, P.O. Box 8680, Newport Beach, CA 92658-WO•Telephone(714)759-SM I Ur to B. Raiser March 13, 1991 Page Two 1Ve will wish to personally pick-up the executed and notarized Certificate of Completion and forward it to the recorder's office for recordation. Please call me if you have any questions and in any event, when the document can be picked up. Thank you for your cooperation. Sincerely, Shawn K. Millbem Senior Vice President skm:csh cc: Stephen K. Bone Bruce Haniford Jeffery M Oderman, Esq. \386 CITY OF HUN���•��....1+++"NGTON BEAC DEPARTMENT GAF OO.MJNITY DEVELOPMENT Ins��ction s fle' cord Post On Job IN A CONSPICUOUS PLACE CALL 536-5241 FOR' SPECTIONS JOB ADDRESS g PERMIT NO. OWNER CONTRACTOR INSPECTION DATE INSPECTOR PLUMBING GROUND SOIL' 1 ELECTRICAL GROUND WORK STEEL RE-RODS FOUNDATION GROUND WATER SLAB OR DECK CERTIFICATION - PWD *ROUGH PLUMBING'. � d 3 `ROUGH HEATING ROUGH ELECTRICAL-WALLS ROUGH ELECTRICAL-CEILINGS- ROUGH SHEATH GRID CEILING METAL FIREPLACE FRAMING INSULATION COVER NO WORK UNTIL ABOVE HAS BEEN SIGNED EXTERIOR LATH INTERIOR OR DRY,WALL PLASTER BROWN COAT MISCELLANEOUS SEW SEPTIC'TANK " l LAR INSTALLATION ALL BELOWrMUST BE SIGNED BEFORE ANY UTILITIES WILL;BE,RELEASED GRADING FINAL f< LANDSCAPING FINAL PLUMBING FINAL­.` 1 " HEATING FINAL ELECTRICAL FINAL , FIRE DEPT.(536-5411) WATER DEPT.(536-5431) . PUBLIC WORKS(536-5431) BUILDING FINAL ` 92--684371 r---� . _ Exempt, C Titles $ RECORDING REQUESTED BY RECORDED IN OFFICIAL RECORDS C�3 Add. $ AND WHEN RECORDED MAIL TO OFORANGECOUNTY CAUFOR.1IIA AND MAIL TAX STATEMENTS TO pgg Office of the City Clerk .4 oO N OCT 8'92 $ City of Huntington Beach CAS s 2000 Main Street vice- e2 5�,, r.�,RECORDER ether ., Huntington Beach, CA 92648 Iola' b f Pee Feps D.T.T. PCOR I cR�F CERTIFICATE OF COMPLETIOII A. WHEREAS, on or about August 15, 1988, the Redevelopment Agency of the City of Huntington Beach, a public body, corporate and politic ('Agency") entered into a Disposition and Development Agreement (the "Agreement") with Robert L. Mayer, as Trustee of the Robert L. Mayer Trust of 1982 dated June 22, 1982, as amended ("Developer") , which Agreement provides for the acquisition, disposition, and development of certain real property (the "Site") situated in the City of Huntington Beach, County of Orange, State of California, and more particularly described in said Agreement; and B. WHEREAS, on or about Arm - Z�, �y�� , Developer assigned to Waterfront Construction No. 1, a California limited partnership ("Lessee") Developer's rights and obligations under the Agreement with respect to that portion of the Site more particularly described on Exhibit "A" attached hereto and made a part hereof by this reference (the "Property") ; and C. WHEREAS, on or about April 28, 1989, Agency entered into a -lease (the "Lease") with Lessee with respect to the Property; and D. WHEREAS, as required in Section 415, of the Agreement, and Article VI of the Lease, Agency is required to furnish Lessee with a Certificate of Completion upon completion of construction of the improvements required to be constructed by Lessee with respect to the Property, which Certificate shall be in such fora as to permit it to be recorded in the Recorder's Office of Orange County; and E. WHEREAS, such Certificate of Completion shall be conclusive determination of the satisfactory completion of the construction required by the Agreement and Lease with respect to the Property; and This document 3s solely ror the Official tn:e r.^ss o" 'ths City ci Vunt--r. 'G . P t.t31 L:?:. , LC'.'C_::::r":% CGAn ADLk 7/92409 1 Soc. 6103 c::$ should be rocordoz free of chnrre. F. Agency has conclusively determined that Lessee' s construction on the improvements required to be constructed by Lessee with respect to the Property have been satisfactorily completed in accordance with the Agreement and the Lease; NOW, THEREFORE, 1. As provided in said Agreement and Lease, Agency does hereby certify that Lessee has fully and satisfactorily performed and completed all construction required with respect to the Property. 2. Nothing contained in this instrument shall modify in any way any provision of said Agreement or Lease. 3. After recordation of this Certificate of Completion, any person or entity then owning or thereafter purchasing, leasing, or otherwise acquiring any interest in the Property will not (because of such ownership, purchase, lease or acquisition) incur any obligation or liability under the Agreement, except that such party shall be bound by any and all of the covenants, conditions, and restrictions which survive such recordation set forth in the Agreement. ,4 . This Certificate of Completion shall be effective as of (APR it. t S . I19 I 5. This Certificate of Completion shall not constitute evidence of compliance with or satisfaction of any obligation of Lessee to any holder of a mortgage, or any insurer of a mortgage securing money loaned to finance the improvements to the Property, nor any part thereof. This Certificate of Completion is not a certificate of occupancy, nor is it a notice of completion as referred to in Section 3093 of the California Civil Code. 6. The Recitals above are incorporated in full as part of the substantive text of this Certificate of Completion. IN WITNEg5 WHEREOF, Agency has executed this certificate this / day of &Ar,120911 1992 At ATTEST: REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH By- ol - = C erk Chairman alga. ADLk 7/92409 2 Lessee hereby consents to the recording of this Certificate of Completion. ' WATERFRONT CONSTRUCTION NO. 1 a California Limited Partnership By: The Waterfront, Inc. , a California corporation, General Partner By: Its; CL+k%0- e... 1k,Gtt]►' By: I t S: C�c�`• A101- T`1 ��� Y ! ^GT� ( �• ADLk 7/92409 3 _ 1 Acknowledgement State of California, County of Orange. On Ne �/11 19 9. , before me, a notary public of the State of California, personally appeared personally known to mesatisFactorq-- evidenee} to be the person(o whose name(-} is/-ate subscribed to the within instrument and acknowledged to me that he4h-ef� executed the same in his ter4he4 authorized capacity{ , and that by hisAief4hei-r signatureoe on the instrument the person(*, or the entity upon behalf of which the person(-s� acted, executed the instrument. ,P ,h� OFFIC?AL SEAL WITNESS my hand and official seal. MAYBRI'CE L ETCH-ESON a ^, NOIAR'Y PUBL�C - CALIFORNIA / ORANGE OOU'NTY My comm. expires MAY 11, 1%3 Signature C.C.P. §1189. Acknowledgement State of California, County of Orange. On ��i 9ga , before me, a notary public of the State of California, personally appeared personally known to me (or-proved basis pvidenee4—to be the person{-}--whose name(-4 isPae7 subscribed to the within instrument and acknowledged to me that hefs�SffC executed the same in herrfheif authorized capacity(ie-s�, and that by #it/heHtheir signatures- on the instrument the person{- , or the entity upon behalf of which the person: s� acted, executed the instrument. Via, i�F'F�C?. L SEAL WITNESS my hand and official seal. MAYBRICE L ETCHESON BICTARY PUBLIC - CALUFORNIA O�FoaNp ORANGE OOU'NTY .p My comm. expires MAY 11, 1993 Signature10 o(. C.C.P. §1189. STATE OF CALIFORNIA ) ss. COUNTY OF ORANGE } On this day of before me, the undersigned, a Notary Public in and for said State, personally appeared , personally known to me (or proved to me on the basis of ' satisfactory evidence) to be the person who executed this instrument as the of the REDEVELOPMENT AGENCY ` OF THE CITY OF HUNTINGTON BEACH and acknowledged to me that the REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH executed ' it. Notary Public (SEAL) STATE OF CALIFORNIA ) ) 55 . COUNTY OF ORANGE ) On this � day of 19 , before me, the undersigned, a Notary Public in and for said State, personally appeared Robert L. Mayer, personally known to me (or proved to me on the basis of satisfactory evidence) to be the person who executed this instrument as the Chairman of the Hoard of The Waterfront, Inc. , the general partner of Waterfront Construction Mo. 1, the California limiter partnership therein named, and acknowledged to me that said partnership executed it. Notary Public (SEAL) TE=K Bt�J WNOW : ORANGE � Na a My CWn"**M cWtal /4tJ" 6. Im ADLk 7f92409 4 STATE OF CALIFORNIA ) ss. COUNTY OF ORANGE ) On this c�01A�o day of , 19221 before me, the undersigned, a Notary Public in and for said State, personally appeared Stephen K. Hone, personally known to me (or proved to me on the basis of satisfactory evidence) to be the person who executed this instrument as the President of The Waterfront, Inc. , the general partner of Waterfront Construction No. 1, the California limited partnership therein named, and acknowledged to me that said partnership executed it. Notary Public �, K otmy Ric-ccuorNa oaf couvn► ADLk 7/92409 5 REQUEST F(Q REDEVELOPMENT -AGENCY ACTION APpRovED rY CITY Cota-Ho u+ L a 13'.fie Ia.E3.T.. fir , D to October 3, 1988 CITY CL Submitted to: Chairman and Members of the Redevelopment Agency Submitted by: Paul Cook, Chief Executive Officer Prepared by: Douglas La Belle, Deputy City Admin./Director Economic-ID Subject: APPROVAL OF SIGNET HOTEL CORPORATION OF DALLAS, TEXAS THE OPERATOR FOR THE WATERFRONT PHASE I HOTEL, AND HILTON INNS, INCORPORATED AS HOTEL FRANCHISER Consistent with Council Policy? JK Yes E New Policy or Exception Statement of Issue, Recommendation, Analysis, Funding Source, Alternative Actions, Attachments: ESTATEMENT OF ISSUE: The Robert L. Mayer Trust of 1982 is seeking Redevelopment Agency approval of the Signet Hotel Corporation of Dallas, Texas as the operator for the Phase I hotel of the Waterfront project and Hilton Inns, Incorporated as the franchiser. BECOMMENDATION: Approve the selection of Signet Hotel Corporation and Hilton Inns, Inc. ANALYaS: A Dispostion and Development Agreement was transmitted for City Council/Redevelopment Agency consideration on August 15, 1988, which stipulated in part that the Agency must approve the developer's selection of hotel operator and franchiser for the Phase I hotel of the Waterfront project. Within thirty days after receipt of this selection, the Agency may request in writing additional information from the developer concerning the designated operator and franchiser. At the end of the thirty day time period or when the developer has delivered additional requested information, .the request for approval period will be deemed complete. The Agency then has forty-five days to approve or disapprove the developer's selection. The DDA stipulates that approval shall be given if the developer "demonstrates that the proposed operator (franchiser)- is a capable, competent, and experienced operator (franchiser) of hotels similar in quality, size and type." (Disposition and Development Agreement, pg. 21) i r On September 8, 1988, the Mayer Corporation communicated to the Agency, designating the Signet Hotel Corporation of Dallas, Texas as the operator and Hilton Inns, Incorporated as the franchiser. ATTACT WNTS: Letters from Robert L. Mayer Corporation dated September B, 19BB i PEC:DLB:SRH:ss 1281d THE ROBERT c.t:, MAYER CORPORATION September 8, 1988 Mr.Paul Cook City Administrator/ Executive Director City of Huntington Beach 2000 Main Street Huntington Beach, Ca 92648 Dear Paul: Pursuant to Section 205 of the Disposition and Development Agreement by and between Huntington Beach Redevelopment Agency and Robert L Maier Trust of 1982, The Robert L Mayer Trust of 1952 seeks approval of Signet Hotel Corporation of Dallas, Texas as the operator for the Phase I hotel at The Waterfront. Further,this letter serves to satisfy Section 601 of the Disposition and Development Agreement in which the developer has selected Signet Hotel Corporation as the hotel operator and is now seeking to obtain Agency approval. As you may recall, earlier this year our representative of Signet met with you and your staff and later with the Mayer's committee. We would appreciate if you would send us a letter of approval for our files. We wish also to remind you that pursuant to Section 705 of the Disposition and Development Agreement, the request for approval of Signet Hotel Corporation as the hotel franchisor is deemed approved unless rejected by the agency (or its Executive Director)within 30 days from receipt of this request. To aid you in your decision, I have enclosed a copy of the Signet Hotel Corporation's company profile for your review. Sincer ly, Stephen K. one Executive Director SKBImo encl. cc: Doug La Bcllc Deputy City Administrator! Director of Economic Redevelopment 660 Newport Center Drive.Suite 1050 Box 8680 Newport Beach COldOrnia 92658-8680 (71c) 759-8091 *; THE ROBERT MAYER "t CORPORATION September 9, 1988 Mr.Paul Cook City Administrator/ Executive Director City of Huntington Beach 2000 Main Street Huntington Beach,Ca 92648 Dear Paul: Pursuant to Section 206 of the Disposition and Development Agreement by and between Huntington Beach Redevelopment Agency and Robert L Mayer Trust of 1982,The Robert L Mayer Trust of 1982 seeks approval of Hilton Inns, Inc. as the Franchisor for the Phase I hotel at The Waterfront. Further this letter serves to satisfy Section 601 of the Disposition and Development Agreement in which the developer has selected Hilton Inns, Inc. as the hotel franchisor and is now seeking to obtain Agency approval. We would appreciate if you would send us a Ietter of approval for our files. We wish also to remind you that pursuant to Section 705 of the Disposition and Development Agreement, the request for approval of Hilton Hotels as the hotel franchisor is deemed approved unless rejected by the agency (or its Executive Director)within 30 days from receipt of this request. To aid you in your decision, I have enclosed a copy of the Hilton Hotel Corporation's 1987 annual report, first quarter report .for _1988, Hilton Travel Directory and a brochure,Investment Opportunities With Hilton for your review. Sineerel , Stephe K.Bone Executive Director SKB/mo encl. cc: Doug La Belle Deputy City Administrator/ Director of Economic Redevelopment Ct0 Neu%OW Center Drive.Sete 1050 box WO Newpor'•Beacrx Covornia Q2658.8680 (714)75a-8041 THE ROBERT MAYER CORPORATION September 8, 1988 Mr.Paul Cook City Administrator/ Executive Director City of Huntington Beach 2000 Main Street Huntington Beach, Ca 92648 Dear Paul: Pursuant to Section 205 of the Disposition and Development Agreement by and between Huntington Beach Redevelopment Agency and Robert L Mayer Trust of 1982, The Robert L Maycr Trust of 1982 seeks approval of Signet Hotel Corporation of Dallas, Texas as the operator for the Phase I hotel at The Waterfront. Further,this letter serves to satisfy Section 601 of the Disposition and Development Agreement in which the developer has selected Signet Hotel Corporation as the hotel operator and is now seeking to obtain Agency approval. As you may recall, earlier this year our representative of Signet met with you and your staff and later with the Mayer's committee. We would appreciate if you would send us a letter of approval for our files. We wish also to remind you that pursuant to Section 705 of the Disposition and Development Agreement, the request for approval of Signet Hotel Corporation as the hotel franchisor is deemed approved unless rejected by the agency (or its Executive Director)within 30 days from receipt of this request. To aid you in your decision, I have enclosed a copy of the Signet Hotel Corporation's company profile for your review. Sincer ly, Stephen K. one Executive Director SKB/mo encl. cc: Doug La Belle Deputy City Administrator/ Director of Economic Redevelopment 660 Ne",Pcr Center Drive.Suite 1= Box 8�530 Nekr,Cd Beach Cuitornia 92658-8680 (714) 759-8091 ATTACHMENTS TO THE LETTERS ARE ON FILE IN THE CITY CLERK'S OFFICE SIGNET H01"EL CORPORATION i ! 1 3 3 i 15851 Dallas Parkway Suite 925 Dallas, Texas 75248 ( 214 ) 450-5800 { THE CORPORATION The Signet Hotel Corporation was formed in June of 1985 by Frederick De Matteis, Chairman of the De Matteis Organizations of New York City and William D. Balsiger of Dallas, Texas. From the beginning, the company has had three stated objectives: o Build a management division which would provide outstanding management services for owners of existing hotels and provide guidance and management of hotels under development. a Develop new hotels, in selected locations, with service levels, facilities and architecture which truly fit the area. o Provide management services on a short term or long term basis to financial institutions who have taken back hotels through foreclosure so their asset will be protected and the potential of the property maximized. A small but highly experienced corporate staff was brought together to form the foundation of the company. They have over 100 years of experience in hotel development, operations, food and beverage, sales and marketing and finance. Whether managing hotels for a third party or developing their own, the members of the Signet Hotel Corporation team have the standards and the degree of personal dedication which allows the Signet Hotel Corporation to stand out in the industry. OUR PHILOSOPHY Our goal is to take the mystery out of the hotel business for owners through honest and frequent communication and by providing owners with detailed monthly financial and marketing reports presented at owner's meetings. We want our owners to know about our successes but more importantly, we want to keep them aware of problem areas and what we as a management team are doing to correct them. We manage as owners and work diligently at maintaining the value of the owner's asset through property operations and maintenance while reacting quickly to changes in the marketplace which might affect the value of the property. As a company, we are committed to guest and employee satisfaction while maximizing the profit potential in all areas of the hotel. Ongoing property visits by all corporate staff and the Signet Hotel 's guest comment card system allows us to monitor our performance in these areas. We maintain an excellent relationship with all of the national hotel corporations which allows us to get the most from their central reservations systems and national marketing programs. We feel hotels only come in two colors. . .in the red or in the black. We manage the entire hotel from the top right down to the bottom line. `�I V SIGNET HOTEL CORPORATION STAFF WILLIAM D. BALSIGER PRESIDENT EXPERIENCE June 1985 to SIGNET HOTEL CORPORATION, Dallas, Texas. President Present and Founder. Responsible for expansion of management portfolio including management contracts for new and existing hotels and projects to be developed. Assists owners and developers in securing financing for their projects. A frequent speaker for industry conferences. Selected to the elite society of International Business Fellows and a member of the Board of Governors of Iowa State University's School of Business. February 1982 to THE REGISTRY HOTEL CORPORATION, Dallas, Texas. May 1985 Executive Vice President for Development. Responsible for negotiating pre-opening consulting and management contracts for new and existing hotels as well as financing these properties. Signed ten management contracts resulting in three existing hotels and seven hotels and resorts now under development. Responsible for the sell-out of the $90 million Registry Resort in Naples, Florida, a condominium hotel offering with Merrill Lynch. As a result of his handling of this project, has served as a speaker to several condo hotel symposiums and has consulted on similar projects. May 1981 to OMNI VENTURE LTD., Minneapolis, Minnesota. Partner February 1982 in private real estate development and asset management Firm. Was responsible for investing and developing various real estate projects including Galtier Plaza, a $75 million mixed use project, as well as offices, office warehouse buildings and hotels. March 1973 to NORTHLAND MORTGAGE, Minneapolis, Minnesota. Vice May 1981 President. One of the largest privately held mortgage banking firms in the country. Responsible for conventional tax exempt mortgage placements and sales as well as joint ventures. January 1972 to DUPONT WALSTON, Los Angeles and Minneapolis. March 1973 Personally recruited and hired by owner, Ross Perot, to be Account Executive in company that was then the second largest securities firm in the U.S. Graduated first in training class of 80. EDUCATION Graduate of Iowa State University. Master of Business Administration from Southern Illinois University. MILITARY United States Air Force. Declined a regular commission and was discharged with the rank of Captain. �w►' ROBERI C. GREINER � EXECUTIVE VICE PRESIDEKT EXPERIENCE June 1985 to SIGNET HOTEL CORPORATION, Dallas, Texas. Executive Vice Present President. Responsible for overall management of hotels. Established operational policy manuals for all major hotel departments. Develops and monitors budgeting process for each hotel. Insures that all hotels are adhering to standards and maximizing their potential. Also responsible for coordination of architectural and construction aspects of all development projects. November 1983 to HOSPITALITY MANAGEMENT CORPORATION, Dallas, Texas. May 1985 Executive Vice President, in charge of all operations for the management subsidiary of The Registry Hotel Corporation. Supervised ten hotels as well as development activities for three additional hotels. May 1982 to W. B. JOHNSON PROPERTIES, JP HOTELS DIVISION, October 1983 Atlanta, Georgia. President of the hotel division and in charge of the operations of twelve hotels with an additional hotel under development. June 1960 to 14ARRIOTT HOTEL CORPORATION, Held a variety of April 1982 managerial and operational positions during the 22 year association with Marriott. As Vice President of Food and Beverage, the combined departmental profits from that area rose from 26% to 33%, higher than those of any other major hotel corporation in the United States. During this time, was also responsible for the development of the Marriott Entertainment Lounge concept and the chain-wide upgrading of banquet equipment and presentation. Instituted the "Fresh Meat" program that won Marriott national recognition and an award from the Angus Cattle Breeders Association. Regional Vice President, supervising the operations of 10 operating and 7 developing hotels in the southwest. During the downturn of 1981, this was the only region of nine to not only make budget, but exceed it by $2.5 million in sales and $2.1 million in G.O.P. Other positions with Marriott included serving as Opening General Manager for the Houston and New Orleans Marriotts. Was also the General Manager of the Dallas Marriott, Opening Resident Manager of the Atlanta Marriott and National Sales Manager. As National Sales Manager, responsible for instituting the computerized sales tracking system for key corporate and association accounts. EDUCATION Michigan State University Graduate of School of Hotel Administration. Stanford University SEP program for business executives. MILITARY United States Army. First Lieutenant, Aide to ADC, 24th Division and Manager of Commanding General's Mess. JACK KATSAHOS VICE PRESIDENTPOOD AND BEVERAGE EXPERIENCE September 1985 to SIGNET HOTEL CORPORATION, Dallas, Texas. Vice President Present Food and Beverage. Responsible for the food and beverage operations of all hotels. Supervises training of food and beverage employees at all levels and recruits and maintains pool of prospective chefs, managers and food and beverage directors. Wrote menu and purchasing specifications for all hotels. Responsible for menu planning and food and beverage promotions. Performs competitive analysis for newly acquired properties. January 1984 to HOSPITALITY MANAGEMENT CORPORATION, Dallas, Texas. August 1985 Vice President/Food and Beverage. Responsible for the food and beverage operations of ten hotels as well as designing the food and beverage operations for three under development. Served as consultant to RIC's parent company, The Registry Hotel Corporation, concerning food and beverage operations. During final year with RIC, food and beverage revenues increased by $648,000 and $518,000 of that was retained as profit through better controls for a capture of 79.9% to the bottom line. July 1982 to W. B. JOHNSON PROPERTIES, Atlanta, Georgia. Vice September 1983 President/Food and Beverage of 12 operating hotels and one in development. Instrumental in three renovations and one takeover involving total renovation. Developing menus, concepts and promotions. Substantially increased profits from the prior year. June 1980 to MARRIOTT HOTELS. Regional Director/Food and Beverage July 1982 for 10 operating hotels and seven under construction. Opened two hotels and was instrumental in $1 million renovation of roof top restaurant in company's largest hotel (1400 rooms). Developed management manpower in the region to such a degree that 23 department heads from the region were promoted to other regions. Achieved 99.310 profit, actual to budget, and accomplished a significant Operating turnaround during tenure. September 1977 to MARRIOTT HOTELS. Director of Food and Beverage for June 1980 two separate properties. Responsible for total operations, grossing in excess of $4,750,000 each. July 1972 to EMERSON'S LIMITED. During service with Emerson's, April 1977 advanced from Restaurant Manager to Regional Director in one year. Then appointed Corporate Vice President with responsibilities for 12 restaurants with a sales volume in excess of $8 million. Promoted to Senior Vice President in charge of Operations after one year. Responsible for operations of 42 restaurants in 10 states with sales volume of $35 million. Selected as the "tian of the Year" in 1974 for outstanding service. June 1962 to MARRIOTT CORPORATION. Hot Shoppes Division. February 1972 Responsible for all phases of unit management with restaurant volumes in excess of $1 million per unit. Responsible for integrating liquor for the first time in company restaurants other than those in hotels. EDUCATION Bachelor of Social Sciences, Boston College. MILITARY United States Army - Judge Advocate Division. BRUCE R. TIMSON VICE PRESIDENT/SALES AND MARKETING EXPERIENCE November 1985 to SIGNET HOTEL CORPORATION, Dallas, Texas. Vice President Present Sales and Marketing. Responsible for all sales and marketing for hotels. Supervises development of all marketing plans, promotions and packages. Trains all sales staff and performs quarterly marketing audit. Performs complete market assessment of newly acquired properties. Vice President of Dallas Chapter of HSMA and Chairman of Public Relations Committee. One of 120 nationally to be awarded designation of Certified Hotel Sales Executive. Frequently sought as a speaker at industry functions. October 1983 to VAIL RESORT ASSOCIATION, Vail, Colorado. President. October 1985 Responsible for all operations of the Resort Association including Sales and Marketing, Chamber of Commerce and Central Reservations. 17 full time employees witn 40 employees during the winter. Responsible to 300 members including Lodging, Food and Beverage, Retail Shops and Service. February 1980 to JP HOTELS DIVISION, W.B. JOHNSON PROPERTIES. Atlanta, September 1983 Georgia. Vice President of Marketing and Sales. Responsible for all room, banquet food and beverage revenues for 11 Holiday Inns and one Marriott Hotel with 4,500 total rooms in the system. In 1981, was responsible for opening the 600 room Holiday Inn Miami Biscayne Bay and the 428 room Holiday Inn Clearwater Beach Surfside. In 1982, had the responsibility of marketing of a 550 room addition to the Orlando Marriott Inn and 150 room addition to the Holiday Inn Tampa Airport. In 1983, responsible for marketing a 242 room conversion of the Holiday Inn Ft. Lauderdale Beach and for the pre-opening marketing of the 486 room Marriott at Orlando Airport. Rooms revenue Increased from $24 million in 1979 to $51 million in 1983. Banquet revenues moved from $2.1 million in 1979 to $8.3 million in 1983. Also responsible for advertising and public relations budget of $1 million. September 1976 to DON CE SAR BEACH RESORT, St Petersburg Beach, Florida. February 1980 Director of Sales and Marketing for 270 room resort hotel. Directed Sales and Catering staff of 10 people and handled all advertising and public relations. In four years, hotel went from 51% to 80% occupancy and profits from ($200,000) to $2 million. July 1972 to FAIRMONT HOTEL, New Orleans, Louisiana. First served as September 1976 Sales Manager and then Director of Sales for 750 room hotel. Responsible for sales staff of seven plus all advertising and public relations. From 1974 to 1976, profits increased from $800,000 to $4,800,000. EDUCATION Attended Northeastern University with Finance and Insurance Major. Graduated Magna Cum Laude from University of New Hampshire School of Hotel Administration in 1972. MILITARY United States Army. Army Intelligence School and Vietnamese Language School. 525 Military Intelligence Group, Can Tho, Viet Nam. Awarded the Bronze Star for Meritorious Service. i L. BRUCE JOHNSTON DIRECTOR OF ARCHITECTURE AND CONSTRUCTION EXPERIENCE 1985 to Present SIGNET HOTEL CORPORATION, Dallas, Texas. Director of Design and Construction. Responsible for complete design and construction of hotels including contract negotiations, design implementation, construction monitoring and FF&E. Projects include Compi Hotel Los Angles, Compri Hotel Minneapolis, Compri Hotel Detroit, Double Tree Parkwest Dallas, Lakeside Regent Hotel Palm Beach, Florida, Chase Park Plaza St. Louis, Days Inn Secaucus, New Jersey. 1983 to December 1985 CRISWELL DEVELOPMENT COMPANY, Dallas, Texas. Project Director. Director of design and construction of hotel projects. Responsible for the complete design and construction of hotels including contract negotiations, design implementation and construction monitoring. Projects included the Denver Hyatt Tech Hotel, the 600 Stockton Hotel in San Francisco and Magen' s Bay Resort, St. Thomas. 1981 to 1983 BUILDING SCIENCES INC., Dallas, Texas. Project Manager. Responsible for construction consultant services to developers, owners and lenders on budgets, cost estimating, scheduling, construction techniques, consultant selection, contracts and tenant finish. Projects included St. Paul Tower and Hockaday School in Dallas, Texas, Texas Commerce Bank, Arlington, Texas, Westchase III, Houston, Texas, and 327 Congress in Austin, Texas. While working on these projects, served as a consultant to Trammel Crow Company, Lincoln Property Company, Transwestern Property Company, and Congressional Mortgage Company. 1974 to 1981 MARTIN K. EBY CONSTRUCTION COMPANY, Wichita, Kansas. Assistant project Manager and Estimator. Projects included the Springfield Power Plant, Springfield, Missouri, Omaha Power Plant, Nebraska City, Nebraska, Starved Rock Lock and Dam in Peru, Illinois and the Baytown Water treatment Plant, Baytown, Texas. EDUCATION Bachelor of Science, Construction Engineering, Kansas State University. SHERI L. RYMAN DIRECTOR OF DEVELOPMENT EXPERIENCE June 1985 to SIGNET HOTEL CORPORATION, Dallas, Texas. Director of Present Development. Responsible for acquisition of new deals including management and development opportunities. Assists in negotiation of pre-opening consulting and management contracts and prepares complete financing packages for development projects. Acts as company's liaison to owners, developers financing sources and feasibility firms. September 1984 to THE REGISTRY HOTEL CORPORATION, Dallas, Texas. May 1985 Development Analyst. Responsible for financial analysis, lender relations and production control of new developments for Registry and its subsidiary, Hospitality Management Corporation. December 1983 to HEWLETT PACKARD, Houston, Texas. Computer Sales September 1984 Representative. Responsibilities included selling personal computers and peripheral equipment as well as management of a personal computer demonstration center. July 1981 to MISS TEXAS. Served as the Ambassador for the State of July 1982 Texas and as its representative in the Hiss America pageant. Activities included public relations, public speaking, training and entertaining. Traveled overseas with the Miss America USO Troupe speaking and entertaining U.S. Military personnel. EDUCATION Magna Cum Laude graduate of Texas A 8 M University with a Bachelor of Science Degree in Industrial Distribution. a I SIGNET HOTEL CORPORATION MANAGED ROTELS 1 i i r I CHASE PARK PLAZA HOTEL 212 North Kingshighway St. Louis, Missouri 63108 314/361-2500 8001325-8989 OWNED BY: Chase Park Plaza Redevelopment Corp. , St. Louis, Missouri MANAGED SINCE: January 1, 1986 KEY STAFF Brian Cox General Manager Patrick Williams, Food & Beverage Director Karen Malench, Director of Sales Steve Lohman, Controller Pat Bottiglierri, Director of Catering FACILITIES * 280 rooms, including 33 suites * 175-seat, award-winning Tenderloin Room * 100-seat Hunt Room * 75-seat Steeplechase Lounge * Largest hotel pool in St. Louis * 45,500 square feet of function space in 17 function rooms * Largest banquet: 1,450 people * 25,000 square foot exhibit hall LOCATION Chase Park Plaza Hotel is located in the heart of St. Louis` historical Central West End, across the street from the 1293-acre Forest Park with the warld-fanous St. Louis Zoo, Muny Opera, mseums, two golf courses and 39 tennis courts. It lies adjacent to the St. Louis Medical Center Complex and near Washington & St. Louis Universities. i PRIMARY MARKETS Associations * Corporate Business Traveler * Educational & Medical Meetings Corporate Meetings * Motor Coach Tours * Social Catering. i I WASHINGTON PLAZA HOTEL Massachusetts at Vermont Avenue, N.W. Washington, D.C. 20005 202/842-1300 800/424-1140 OWNED BY: AGLR Corporation, Livingston, NJ MANAGED SINCE: February 14, 1986 r KEY STAFF Ed Walls, General Manager Richard Falloure, Food & Beverage Director Mark Tucker, Director of Sales Shirley Bowker, Controller i FACILITIES * 340 rooms and suites * 195-seat Mickey Cooper's Restaurant and Lounge * 50-seat lobby bar * Largest hotel pool in D.C. * 8,500 square feet of function space * Largest banquet: 400 people LOCATION Washington Plaza Hotel is located in the heart of the District, just five blocks from the White House and the Convention Center and 15 minutes from National Airport. PRII`tARY MARKETS National Assocations * Corporate Business Traveler * Family Tourists Government Travelers * Tours SEAGATE HOTEL & BEACH CLUB 500 South Ocean Boulevard Delray Beach, FL 33444 407/276-2421 800/233-3581 OWNED BY: Rochester Community Savings, Rochester, New York MANAGED SINCE: January 1, 1987 KEY STAFF John Oakley, General Manager Jim Hurst, Director of Sales FACILITIES * 70 suites with full kitchens, including 2 penthouses * Private beach club directly on the beach * Salt water and fresh water pools * 95-seat Beach Club Restaurant with outdoor deck seating 125 people * 40-seat Beach Club Lounge * One meeting room seating 50 people LOCATION Seagate Hotel and Beach Club is located directly on the Atlantic Ocean, midway between Ft. Lauderdale and the Palm Beaches. PRIMARY MARKETS Vacationers * Individual Business Traveler * Tour Groups * Corporate Meetings THE RIVER MOUNTAIN LODGE 100 South Park P.O. Box 7188 Breckenridge, Colorado 80424 303/453-4711 800/325-2342 OWNED BY: Rizk Construction Company, Houston, Texas MANAGED SINCE: August 12, 1987 KEY STAFF Torn Fanning, General Manager Heidi Seagren, Sales Manager FACILITIES * 55 studios - studios with lofts and one-bedroom accommodations with full kitchen * Meeting space for 100 people * 24-hour desk - indoor/outdoor hot tubs, sauna and exercise room * Lobby bar LOCATION River Mountain Lodge is located at the base of 4 O'clock Run, just steps from the main street of Breckenridge, one and a half hours from Stapleton Airport in Denver, and 9 miles from Interestate 70. PRIMARY MARKETS Ski Groups * Individual Vacationers * Small Corporate Meetings * Motor Coach Tours THE HOTEL GALVEZ 2024 Seawall Boulevard Galveston Island, Texas 77550 409/765-7721 800/392-4285 OWNED BY: Aetna Life Insurance, Hartford, Connecticut MANAGED SINCE: May 1, 1988 KEY STAFF George Van Etten, General Manager Irvine Frey, Food & Beverage Director Jamie Ruddock, Director of Sales 11irza Baig, Controller Susan Martin, Director of Catering FACILITIES * 228 rooms, 3 suites * 150-seat Galvez Dining Room * Veranda Cocktail Lounge * Galvez Lounge * First grand resort hotel in Texas, built in 1911. * Over 9,000 square feet of function space LOCATI0N The Hotel Galvez is a 30-minute drive from Houston in the heart of historical Galveston Island, next door to the Moody Convention Center and conveniently situated near the Strand, the Elissa and across the street from the beach. Just minutes from Sea Arama and Ashton Villa. PRIMARY MARKETS Vacationers * Association and Corporate Groups * Corporate Business Traveler * Social Catering * Tour and Travel r . RADISSON HOTEL STENNONS 2330 West Northwest Highway Dallas, Texas 75220 214/351-4477 800/228-9822 OWNED BY: ITT MANAGED SINCE: July 6, 1988 KEY STAFF Roger Goldesberry, General Manager Tom Gillespie, Food 3 Beverage Manager Gail Lemaire, Director of Sales A Marketing Gloria Ford, Catering Coordinator Mark Covington, Controller FACILITIES * 200 rooms, including 31 suites * 100-seat Windsor Dining Room * 75-seat Whitmore's Lounge * Outdoor pool * 3400 square feet of function space * Largest banquet: 350 people * Health Club LOCATION Radisson Hotel Stemmons is located just a few minutes from downtown Dallas, Las Colinas Business Park, DFW Airport, Love Field Airport, Dallas Market Center, Info Mart, and Texas Stadium. PRIMARY MARKETS Associations * Corporate Business Traveler * Educational I Medical Meetings Corporate Meetings * Social Catering SIGNET HOTEL CORPORATION CONSULTING PROJECTS ✓SAO, Los Angeles Airport Hilton Los Angeles, California Client: StanWill Companies and American Residential Properties As an owners representative for our client, we are responsible for interfacing with Hilton's senior management at all monthly meetings. We furnish the owner with a monthly critique of the operations and suggest improvements to be made to streamline the operation. Anaheim Hilton Anaheim, California Client: StanWili Companies Tnis engagement consisted of a single evaluation of the property focusing on cost control measures to be implemented by Hilton Management to maximize the hotels profitability. Meadowlands Hilton Meadowlands, New Jersey Client: HOWCO Real Estate Investment This consulting engagement came about as a result of the outstanding statistical results we have achieved as an operator for HOWCO's Washington Plaza Hotel. We performed a complete critique of the property's operation and marketing program and submitted a report with our findings and suggestions for increasing the profitability. We continue to consult with the owner monthly. Sheraton Hotel Hutchinson Island, Florida Client: HOVCO Real Estate Investment Tne purpose of this engagement was to review the property's operation with an awareness of the potential for managing the property in the event the owner forecloses. Paradise Valley Resort Scottsdale, Arizona Client: General Electric Pension Trust This property was taken back under foreclosure by General Electric Pension Trust. We were chosen in part because our association with General Electric Credit Corporation for whom we manage The Chase Park Plaza Hotel. Under this engagement, our responsibilities included determining the potential marketability and eventual profitability of the property. We provided a capital improvements plan to improve the "street appeal" of the hotel and suggestions for a rare functional and efficient operation. Hyatt Hotel at Chatham Center Pittsburgh, Pennsylvania Client: General Electric Credit Corporation Real Estate Equities Group The purpose of this engagement was to evaluate Hyatt's proposed renovation program and projected cash flow analysis. We provided information concerning the feasibility of purchasing the hotel as part of the Chatham Center Development. Ramada Inn Lufkin, Texas Client: AETHA We performed a market study and an assessment of this hotel to determine what improvements were required to make the property competitive in the market place. Winchester Plaza Memphis, Tennessee Client: Vernon Sayings and Loan We reviewed the physical property and evaluated its operation. We submitted a report detailing the capital improvements that were necessary to make the hotel competitive. Horton Park Plaza San Diego, California Client: HOWCO Real Estate Investment We performed a complete critique of this newly opened hotel 's physical plant and operations. We also •ascertained the feasibility of a second phase to include additional hotel rooms, restaurant, lounge, roof top pool and healtn club. We provided our impressions of the hotel and its operations and with recommendations for future development. Carrodoc Hall Hotel Leesburg, Virginia Client: HOWCO Real Estate Investment The owner asked us to evaluate this hotel prior to the impending foreclosure proceeding. We reviewed the property's operation with an awareness for its potential in the event we became operator once the foreclosure is complete. We submitted a report with our findings including an evaluation of the existing market and a critique of the property's operation and physical plant. FREDERICK DE MATTEIS AND THE DE MATTEIS ORGANIZATION The De Matteis Organization is one of the most active real estate development and construction concerns in the United States today, with the firm ranking among the nation's top 25. Through the guidance of Frederick De Matteis, Chairman of the Board, The De Matteis Organization is involved in a broad range of activities in New York, New Jersey and the Southwestern United States. Alone or in partnership with others, The De Matteis Organization has developed and owns some of the most remarkable buildings in the New York area; the extraordinary EAB Plaza--the largest, tallest and most sophisticated building on Long Island, the Museum Tower--luxury residences high above the prestigious Museum of Modern Art, and the Carnegie Hill condominiums in Manhattan exemplify Frederick De Matteis' commitment to build "nothing but the best". Since assuming the chairmanship in 1974, Fred De Matteis has maintained the competitive drive that brought success and high regard to De Matteis' firm. The Keith and Kelly Towers, which the firm developed in conjunction with New York City's Educational Construction Fund, reflect the De Matteis Organization's ability to adapt to varied and exacting requirements. These public housing projects in the Bronx combine residential space with educational facilities for more efficient use of land. In addition to his business concerns, Fred De Matteis contributes his energy and commitment to several philanthropic and service organizations in New York City and Long Island. He was recently appointed Chairman of the Board of St. Francis Hospital in Roslyn, an internationally renowned center for cardiac care. Mr. De Matteis has served for 13 years on the Board of Directors for St. Vincents Hall in Brooklyn, a guidance center for children who are unable to live at horde. In October 1986, Mr. De Matteis served as Grand Marshall for New York City's Columbus Day Parade. Fred and his wife, Nancy, reside in Old Westbury, Long Island and have four children: Tracy, Linda Langer, Richard and Scott. Richard and Scott also work for the family firm where they are President and Senior Vice President, respectively. f��aiiiza Li oils The DeMatteis Organizations The linchpin for the transforma- are a group of family-owned and tion of Mitchel Field into Long operated businesses founded Island's new"downtown,"EAB almost 70 years ago by Leon Plaza is the largest, tallest, DeMatteis and now headed by most sophisticated building on his son,Frederick. In turn, Long Island. (Owner,Developer, Frederick's sons Richard and Construction Manager) EAB Plaza Scott are the third genera- tion actively involved in the 7 family business. The DeMatteis Organiza- tions — built around the Leon D. DeMatteis Construction Corp. are developers,builders. construction managers,owners and property managers of residential,commercial and public projects. They have also become active in the devel- opment,financing,design construction and operation Of hotels and resorts.Over seven decades DeMatteis has earned a reputation for construction expertise, financial strength. developmental acumen,arch- itectural innovation,projects brought in on time and within budget,and dedication to quality and excellence. U.N. Plaza 100 United Nations Plaza, a 52-story luxury condominium, is the newest addition to New York's ever-changing skyline. The distinctively-capped build- ing offers a broad range of amenities, including on outdoor plaza, terraces, a physical fitness center and underground parking. (Construction Manager) elf It 41 !3 IL The Del latteis History �- A plasterer and mason,Leon --- - - -- --- DeMatteis started his one-man \Aellon Financial Center company in Brooklyn in 1918. In 1949,Frederick moved their A. base of operations to Long Island,and the company grew as Long Island grew. Through the 1950s and 1960s,The DeMatteis Organiza tions built many of the metro- politan area's schools,college dormitories,hospitals, libraries u and housing units as well �, as one of the area's finest sports arenas,the Nassau Coliseum. By the 1970s,The DeMat- teis Organizations had become " involved in developing and a �: y*. building large-scale middle- income and luxury housing as well as major office complexes I throughout the metropolitan area.More recently,their focus has become nationwide as they t •i have undertaken the develop- ment of projects throughout the United States. ; + In 1985,Corporate Design ; &Realty magazine ranked The DeMatteis Organizations among the top 25 real estate developers in the nation.Over the years they've developed 20,000 units of housing and major commercial properties, including the one million- ..Adaptive re-use" is hots, square foot EAB Plaza on architects describe the former Long Island and the Mellon Winslow Hotel's rebirth as the Financial Center in Manhattan. Mellon Financial Center,Netv York headquarters for the Pittsburgh-based Mellon Bank Corporation. The 112,000- square foot building is part of Madison Avenue's growing identity as Headquarters Roi%- for prestigious firms. (Co-developer) Savoy 6 -- Confucius Plaza '1 y 71 : Public sector projects reflect the DeMatteis commitment to community. Confucius Plaza, in the heart of Chinatown, was >� � funded through the City's Educational Construction Fund program under which schools are developed as part of mixed- The Leon D.DeikIatteis use towers in New York's busiest Construction Corp. served as neighborhoods.Confucius construction managers for Plaza meets the community's the 43-story Savoy,234 luxury needs with 760 apartments, condominiums located in office space,and P.S. 124's Manhattan. The Savov features classroom facilities for 1,200 such amenities as a health pupils. (General Contractor) club(with restaurant, bar and roof garden),retail stores and an underground parking garage. (Construction ttanager) ,T Nassau Coliseum For the specialized construc- tion of a world-class indoor sports arena, Nassau County chose the Leon D.DeMatteis Construction Corp. to build the 400,000-square foot Nassau Coliseum. It seats more than 16,000 spectators —all of whom enjoy unobstructed views of the National Hockey League's Islanders.(Construction Manager) Matt r' s as Visionary Critical to the success of any developer is foresight — the ability to envision dramatic changes in the existing land- scape,and to accomplish them. In the Yorkville section --- - - of Manhattan, Frederick DeMatteis did not see a rundown l�u j)Ot Ct l(l�'v'E�1'� 5'(ll'�:�'i fit' 1C1t�'(',t';;. neighborhood,but anoppor- Kiiick(' 'f)n(lov ('h/ii tunity to create desperately needed middle-income housing. The result is Ruppert and Yorkville Towers and Knicker- bocker Plaza, perhaps the most successful subsidized housing project in the nation,and the engine for Yorkville's revitalization. On Long Island,DeMat- teis envisioned a new future for the vacant 1300-acre expanse > of Mitchel Field, The result was EAB Plaza,a focal point for Long Island's business, sports and cultural communities,and splendid enough to be known as Long Island's"Rockefeller Center." Since EAB Plaza's groundbreaking in 1981, an additional one million square feet of space has been devel- oped at Mitchel Field. And DeMatteis fully understands the potential of New Jersey as a growing corporate headquarters state. Two projects under develop- ment in New Jersey are The DeMatteis Plaza at Princeton Forrestal Center and The Thousands of families are on Crescent at Bridgewater in the waiting list to move into booming Somerset County. Ruppert and Yorkville Towers and Knickerbocker Plaza. The 1,840-unit residential development includes stores, recreational facilities and outdoor public plazas. (Owner, Developer,General Contractor, Manager) I_�:AR Plaza A joint venture with European ' American Bank,EAB Plaza offers a 60-foot high Winter Garden atrium complete with a two-story waterfall,a spacious _ terrace and fountain which converts to a skating rink in winter,and a busy schedule of public events. (Owner, Devel- oper, Construction Manager) Mx Cxescmlt At Bridgewater Carnegie Hill Tower VC [ 1 tli [E b�tr. us 1INW.ri 9 4 IN [[ NW11 as A 4 7R OMIT b. 9N t■ i1'' ��p1' 1� 4 Carnegie Hill Tower on East 94th Street in:Manhattan is a 32-store,223-unit luxury condo- minium.Apartment owners enjoy an in-building parking The Crescent at Bridgewater is garage,retail shops,a land- a major corporate headquarters scaped mews,and views of facility planned for Somerset Central Park and the East River. Countv. New Jersey. The 320,000- Carnegie Hill Tower has proved square foot Crescent is surround- to be a catalyst for the area's ed by headquarters facilities revitalization, enhancing the for firms such as AT&T,Exxon, community's character and RCA,t,Nferck and Merrill Lynch. quality of life. (Co-developer. (Owner. Developer,General General Contractor) Contractor) Inilo WY L-io �l_ i 1 �_,onst 'uction and Design Contributing to the growth of the The DeMatteis Organiza- XVelton Becket& Associates Leon D. DeMatteis Construction tions have tackled enormous and Wiedersum Associates. Corp.as a major builder is projects such as the$250 million DeMatteis stays involved its willingness to pioneer the Saudi Arabian National Guard with its projects after construc- use of innovative design and Headquarters. Under the direc- tion and occupancy, managing construction techniques. tion of the United States Army many of the properties it builds. In one of the most unusual Corps of Engineers, DeMatteis As a result,DeMatteis residential real estate ventures in recent served as construction managers and commercial buildings years,DeMatteis acquired the for this project,the Saudi are maintained and operated at development rights to the equivalent of the Pentagon. the highest standards in the Museum of Modern Art in order DeMatteis also has an industry, to build the 52-story Museum unswerving commitment to Because of its wide range Tower which rises above it. It design excellence.The distin- of construction and manage- was the largest"air rights" guished architects who have ment experience, DeMatteis transaction in New York City's worked on DeMatteis projects brings efficiency.cost savings. history. comprise a virtual Who's Who responsiveness and commit- On Long Island,the of the best in the business: ment to its role as developer. modernistic curved twin towers Philip Birnbaum Associates. of EAB Plaza,the metropolitan Davis Brody& Associates. Gatje area's most sophisticated office Papachristou Smith,Edward complex,are served by a state- V.Giannasca,The Gruzen of-the-art energy management Partnership,Cesar Pelli, Paul system which minimizes fuel Rudolph. Schuman Lichtenstein costs through heat recapture, Claman& Efron, Der Scutt. direct air cooling and computer- Michael Harris Spector, Edward ized monitoring. Darrell Stone Associates. River Park Towers The 1,655-unit River Park Towers residential complex on the Harlem River was the fare- runner of similar self-contained high-rise waterfront projects - throughout New York City. But building the towers on the nar- row, inaccessible site required a � ingenuity. The site's size pre- 1 c, :=feel, eluded the use of cranes to lift construction equipment and machinery to the buildings' roofs, while the alternative — a4l r dissassembling the material, ` hoisting it up in elevators ` and reassembling it — would `K have idled hundreds of workers for several days. Instead, DeMatteis used four helicopters which were able to complete the 90-ton airlift within 12 hours. (Owner, Developer, General Contractor) Brooklyn Botanic Garden ` �!► t � �' , add � -�;, �er r ': a IsL a ih uSin ns s s.�h. r� I a A; f DeMatteis is implementing a $20 million construction pro- Museum Tower gram that permits continued public access to the Brooklyn Botanic Garden's remarkable flora during its rehabilitation . and expansion. (General ti, # Contractor) 3 � � T j` r* K It e4 '6' f s P The 52-stor�r Museum Tower boasts a Modern Art-style glass facade employing hundreds of sizes and colors of glass. DeMatteis also was retained to build the expandedNtuseum of Modern Art facility which serves as the base for the luxury condominiums. (Co-developer, Construction Manager) VV The DeMatteis Organizations + have sought out new challenges to broaden their scope of activities and to offer now opportunities to clients and partnee•s. Under development ;, are new projects in New jersey, Florida.California,Texas, � Arizona and New York. � � � "' r � "�" p7r. A.major now initiative by DeMattels was the formation of the 13.13. l lotel Corporation in v- 1 Partnership with severe(leaders in the hotel/hospitality industry.With offices in New k. `Fork and Texas, the D.13. Hertel Corporation will conceive. Rnance,acquire, develop,build and operate hotels and resorts throughout the country. Several The conuniMul to excotlenMe projects are already turder way personified by founder heron D. in Texas and California. DeMaHeis fives on in his son In the}rears to come, Frecterr& C hairman,and there,will be new areas of oppor f<'rczeJeric k's sons HMO Pre=si- tunHy and growth. dent(right), and Scoff, Senior Vice,President(lesft). The The DeMatteis Organfzathiny DeNfatteis Orgonizathms enjoy Building Tomorrow Today. they stability and troditim) of o famitt-MAVned business and the dedication of e] professie nol, 70-person staff. DOWNS Plaw The DeM(ffleis Pl(jzn is a self- conUdned one railfion-seluare W' foot office, rotz Alex planned fcrr ei 93-ocre��site eat the high tech i21T`� Prmeeton Folrestol Center. DeNlatteis Plazo, the lost htrild- ing of its size opproved in New Jersey, Intl" e liclently g pIanne d 1loors high i��ir chmv- ` � . t t to 7ooecere;a ratios, aizd a MI 3A00-car parking structure,. s, r (Owner, Developer, Generol Contructor) 1477 t4 t r� y ask