Austin Convention Center Redevelopment — original pdf

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ACCX Redevelopment Project MWBE Advisory Committee April 7, 2026 AGENDA • Project Overview & Status Update • M/WBE Participation to Date • Upcoming Guaranteed Maximum Price (GMP) Packages • Question & Answer ACCX Redevelopment Project Project Overview + Status Update Project Overview Total Construction Budget $1.26B Annual Economic Impact $750M+ Construction Schedule April 2025-December 2028 Rentable Square Footage EXISTING CONVENTION CENTER 365,000 SF NEW CONVENTION CENTER 620,000 SF + 140,000 SF in the future Funding HOT*, Convention Center Revenues, PFZ* *HOT: Hotel Occupancy Tax, PFZ: Project Financing Zone 4 Austin City Council Resolution NO. 20210610-096 The City Council seeks to work with the prime architecture firm capable of delivering a world class design befitting a city of Austin’s size and prominence. The Convention Center design shall incorporate the most innovative ideas in programming and placemaking and shall aim to create a civic building that draws and serves Austinites as well as visitors. The City council affirms its intention that the convention Center be, like its companion civic building to the west, the Austin Central Library, a landmark of great distinction, a bustling and vital public gathering place, and a point of pride for the community. 5 Art in Public Places SCALE $17.7M TOTAL INVESTMENT Austin’s largest single investment in public art to date ARCHITECTURAL INTEGRATION 10 artists selected during schematic design of building for architecturally- integrated art Additional AIPP artwork will follow more traditional procurement timeline 6 Sustainability ACC will be the world’s First Zero Carbon Certified Convention Center powered by 100% renewable energy and built with low-impact materials. 7 8 t s e W b u H e h T 9 o e s a P e h T 10 Project Overview + Status Update KEY MILESTONE DATES:  Closure of the ACCD: March 31, 2025  Move into New ACCD: January 2029 KEY DESIGN MILESTONES:  Project Design: Jan 2024 – Dec 2026  Concept Design: June 2024  Schematic Design: January 2025 DESIGN SCHEDULE Date Milestone July 8, 2024 Footprint + Utility Enabling October 31, 2024 50% SD Demo | Excavation | Steel January 16, 2025 Milestone 3 100% SD Status COMPLETE COMPLETE COMPLETE April 3, 2025 DD MEP | Curtain Wall | Mass Timber Assist COMPLETE  Design Development: October 2025 April 3, 2025 Milestone 4 25% DD Milestone Comprehensive Cost COMPLETE  Construction Documents: October 2026 July 3, 2025 Milestone 5 - 60% DD MEP Long Lead Items COMPLETE KEY CONSTRUCTION MILESTONES:  Notice to Proceed: March 2025  Demolition: 99.999% COMPLETE October 2, 2025 Milestone 6 - 100% DD December 4, 2025 Milestone 7 - 25% CD COMPLETE COMPLETE April 2, 2026 Milestone 7.5 - 50% CD Building (Full Building Permit)  Substantial Completion:December 29, June 4, 2026 Milestone 8 - 90% CD Building Permit Revision 2028(Contractual)  Final Completion: February 28, 2029 December 17, 2026 Milestone 9 - 100% CD Issue for Construction Interior | Landscape | Site 11 Construction Progress Scope Demolition Excavation D-Wall Foundations Below Grade Above Grade Building Enclosure Roofing Start Apr 2025 Sep 2025 June 2025 Mar 2026 Jan 2026 Apr 2026 July 2026 Sep 2026 Finish Feb 2026 Aug 2026 Apr 2026 Oct 2026 Dec 2026 June 2027 Apr 2028 Sep 2027 Status 99.999% 50% 80% 0% 0% 0% 0% 0% 12 13 Current Progress 14 Current Progress 15 16 17 18 ACCX Redevelopment Project MWBE Participation Update M/WBE Participation to Date Contracted Amounts Awards Paid to Date Total Goal Commitment (Pre-Con and All GMPs) Participation to Date Project Total $836,503,301 $131,495,674 MBE $4,446,920 $336,921 20.36% African American $623,050 $32,206 Hispanic $2,808,695 $280,061 Native/Asian $1,015,175 $24,654 WBE $636,581 $94,476 6.60% 9.20% 1.82% 3.96% 0.26% 0.02% 0.21% 0.02% 0.07% Note: As of 3/30/2026 cumulative contract amounts. Participation to Date is based on on-going project expenditures. 20 Contract Descriptions Precon – Contract Value $6.2M • Initiation of Contract / Preconstruction Services GMP 1 – Contract Value $20.2M • Utilities / Enabling Work and Initial Installment for CCIP, excavation, Capmetro relocation GMP 2 – Contract Value $250.5M • Demo, Excavation, Utility & Cap, Diaphragm Wall Soil Retention and Structural Steel, Salvage of metal rails, D-wall, Concrete Cap Beam, Waterproofing, Waller Creek Retaining Wall GMP 3 – Contract Value $457M • Mass Timber Supply, Curtain Wall, Vertical Transportation, and MEP Equipment. GMP 4 – Contract Value $102M • Building Concrete Structure (design documents dated 7/3/25), Metal Egress Stairs, Fire Sprinkler and Site Utilities. GMP 5 – Anticipated Contract Value $113M • Exterior skin, Roofing, Fire Protection, Fire Alarm, Special Equip, Miscellaneous Metal 21 Upcoming Bid Opportunities GMP 6 GMP 6 Interior Framing, AV, IT, Security, Interior Masonry, Interior Finishes • • Publish Invitation to Bid – April 4, 2026 • Anticipated date of M/WBE outreach event: April 10, 2026 • Availability list has been provided to JEDT to start outreach • Networking Event – JEDT Site Office: April 21, 2026 • Bids due: May 7, 2025 • Anticipated contract execution: June/July 2026 GMP 7 GMP 7 • Landscaping, Irrigation, and Site Improvements • Anticipated bid set (in development): August 2026 • Anticipated M/WBE outreach event: TBD – Q4 2026 • Bids due: TBD – Q4 2026 • Anticipated contract execution: December 2026 GMP 2 through 5 GMP 2 through 5 • Various change order opportunities as the need arises during construction o The contractor is obligated to perform Good Faith Efforts for each new scope 22 Projected Final MWBE Participation Program Status • Participation goals are set as trade summaries are completed from Milestone drawing sets • Development of trade summaries for GMP 6 and GMP 7 is in progress and on schedule Vendor Opportunities • Significant number of M/WBE-certified vendors align with trade opportunities in GMP 6 and GMP 7 packages • Goals for GMP packages 6 and 7 are still in development and will be assigned once trade summaries are finalized Contractor Engagement • JE Dunn–Turner will continue to expand M/WBE outreach and participation opportunities throughout the 3- year construction timeline Current Performance • M/WBE total goal commitment to date: 24%, measured within the $836.5M contracted to date values • Participation totals will increase as additional packages and goals are added • Final contract value is projected at approximately $1.26B, $1.1B of which is cost of work. 23 QUESTIONS + ANSWERS 24 M/WBE Commitments to Date Pre Construction Established Goals Contract Value $6,184,562 Approved Goals (Commitments) Participation to Date MBE WBE 7.12% 1.84% 10.30% 2.38% 51.79% 30.77% GMP 1 Established Goals Approved Goals (Commitments) Participation to Date Contract Value $20,196,190 MBE WBE 7.53% 0.90% 7.10% 1.13% 10.88% 4.06% GMP 2 Established Goals Approved Goals (Commitments) Participation to Date Contract Value $250,473,786 MBE 8.35% 0.71%% 0.35% WBE 0.10% Note: As of 3/30/2026 – Established goals and Approved Compliance Plan per phase/GMP 0.01% 0.89% 25 M/WBE Commitments to Date (cont’d.) GMP 3 Established Goals Approved Goals (Commitments) Participation to Date Contract Value $457,024,098 MBE WBE 3.26% 1.00% TBD TBD TBD TBD GMP 4 Established Goals Approved Goals (Commitments) Participation to Date Contract Value $102,245,606 MBE WBE 6.48% 2.15% GMP 5 Established Goals Contract Value Anticipated: $113M 2.25% 0.44% Approved Goals (Commitments) 0 0 Participation to Date MBE WBE 3.50% 0.85% TBD TBD 0 0 Note: Pending Compliance Plans for GMP 3 and GMP 5. 26