Session 2.2: The Base of the Future

APA Federal Planning Division

#9122886

Thursday, May 4, 2017
11:15 a.m. - 12:15 p.m. EDT

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Overview

Planners attending this session will learn how pro formas and financial models are developed to support a base of the future concept. The session will focus in Part I on the foundational requirements for the base of the future, which is an actual base replete with the facilities required to support the mission and appropriate quality of life functions, which may include housing, shopping, lodging, and barracks. The key from a financial perspective is leveraging the available assets, which include land value and regular income streams to fund construction and maintenance of the base of the future. This requires an understanding of key financial modeling concepts, which will be discussed in some detail in Part II of the session. These concepts include net operating income, yield, debt coverage ratios, sources, and uses. The final part of the session will present an actual case study at US Army Garrison Miami. This sesssion is very important to FPD members because it will show them an alternative scenario for funding installations outside of the normal MILCON route. It will give them the language necessary to understand development pro formas and the arguments that can be made to justify a complete base of the future that can address concerns regarding privatized bases and decanted communities.

Speakers

Jerry Zekert

Invited Speaker

None

Mark Gillem, AICP

Invited Speaker

Dr. Mark L. Gillem is a Professor of Architecture and Landscape Architecture at the University of Oregon and the Director of the Urban Design Lab. He is also the Principal of The Urban Collaborative LLC, an interdisciplinary planning and urban design firm that has prepared master plans for sites in ... Read More

Zoe Anton

Invited Speaker

Planner, The Urban Collaborative

Contact Info

Joshua Schiffer, joshua.schiffer@hdrinc.com