Item 16: HQ Update — original pdf

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Item 16 Corporate Headquarters Project Update Robin Cappello Director, Corporate Support Services 09/13/2021 © 2021 Austin Energy Highlights Project Status Project Performance 1 2 3 Schedule and Upcoming Milestones 2 Project Report Project Completion 99% Project Brief The Austin Energy Corporate Headquarters Project is largely complete with all major construction milestones achieved to position the Utility to commence operations within the facility. The Public Private Partnership real estate development model proved effective in delivering a high quality and cost-effective vertical construction project from inception through completion. The project goals were LEED Gold 4-Star minimum standards. Project is on target to achieve LEED Platinum /AEGB 5-Star accreditation. The project goals were WELL Silver building standards. Project is on target to achieve WELL Gold accreditation. Features:  LED Lighting  Smoke-Free Campus  Ergonomic Furniture  UV Air filtration MERV-13 (hospital grade) 3 Project Report Austin Energy’s Corporate Headquarters modern and sustainable design is a vibrant new addition to the Mueller Development 4 Project Report Iconic Colorado River path embedded in the flooring of main lobby of the headquarters as a historical milestone reference for Austin Energy Prominent Staircase is a focal point of the building providing connections throughout the facility. It promotes ‘chance meetings’ and opportunities to engage Community Courtyard hosts amenities which allow for linkages to the outdoors and a variety of different meet-up offerings 5 Project Performance • Total Project Cost = $142.5M • Change Order actuals = 1.43% City Council Authority $150M Change Order Goals Less than 5% Original Substantial Completion Date (per PSA) 4/5/21 Project Closing Date Goal Winter 2021 • Actual Substantial Completion Date - 4/5/21 • Actual closing date - 4/8/21 6 Schedule and Upcoming Milestones • AE Teams commenced staff moves to Corporate Headquarters 9/9/21 • Move completion of all teams expected by the end of October • *AE fully operational at Corporate Headquarters by 11/1/21 *AE is currently in a ‘Stay Home, Stay Safe’ workplace readiness posture 7 Q&A ©2019 Austin Energy. All rights reserved. Austin Energy and the Austin Energy logo and combinations thereof are trademarks of Austin Energy, the electric department of the City of Austin, Texas. Other names are for informational purposes only and may be trademarks of their respective owners.