Irving Music Factory presentation

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Project Overview IRVINGMUSICFACTORY™

description

Ark presentation to Irving City Council 2013-05-08

Transcript of Irving Music Factory presentation

Page 1: Irving Music Factory presentation

Project Overview

IRVINGMUSICFACTORY™

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Introduction to

The ARK Group is a multifaceted conglomerate of companies that focuses on development of entertainment and restaurant anchored properties.

The Cornerstones of the ARK Group’s success are:• Good planning• Innovative marketing• Sound fiscal management• Attention to detail• Community involvement• Strong tenant relationships

ARK is headquartered in Charlotte, NC and handles all leasing, marketing and property management of all developments in house. ARK is 100% owned and managed by Noah and Rick Lazes.

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The ARK Group has been given many awards for its accomplishments including:

• Key to the City of Miami Beach for its entertainment contribution in South Beach

• Charlotte Center City Partners highest level award - 2011 Vision Award• City of Indianapolis Nuvo Best Entertainment Complex Award• Charlotte Creative Thinkers Award• Visit Charlotte Nightlife and Entertainment Award• Charlotte Regional Partnership International Economic Development Award• National Historic Preservation Excellence Award• New Orleans Chamber of Commerce Entreprneur of the Year Award

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The ARK Group has over 40 years of experience in the design, development of live music venues, restaurants and multi-tenant entertainment complexes. ARK has developed and operated more than 50 food and beverage concepts, produced large scale music festivals and worked with many of the biggest names in show business including Elton John, Aerosmith, Zac Brown Band, Selena Gomez, Lenny Kravitz, Foo Fighters, Kid Rock, Brad Paisley and many more.

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ARK knows how to BRAND.ARK has done PR work and/or produced special events for:

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ARK knows how to generate PRESS.ARK has had projects featured in many national and international media outlets including:

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The ARK Group developed and operates a similar venue to the proposed Irving project called the NC Music Factory, located in Charlotte, NC. The NC Music Factory is a multi-venue entertainment complex with over 15 restaurants and entertainment venues as well as a 5,000 seat amphitheater and 2,000 capacity live music hall, both operated by Live Nation, the world’s largest concert promoter.

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NC Music Factory has multiple diverse venuesTime Warner Cable Amphitheatre

Osso Restaurant & Lounge

Fillmore Music HallEight - Sushi Restaurant

Mattie’s Diner

Comedy Zone

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Financial Capacity

• 100% debt free and able to fund the Irving Music Factory™ • All prior developments funded without bank debt or investment partners • Portfolio of commercial and residential properties encompassing 2,000+

acres• Fortune 500 financial relationships• In addition to Rick’s career in entertainment development, Rick co-founded

Superior Energy Services, which is publicly traded on NYSE with a market capitalization of over a billion dollars and more than 3,500 employees.

• ARK Group has a working relationship with Entertainment Properties Trust who has indicated interest in Irving Music Factory™

• E.P.T.’s investment portfolio is $3.5 billion including multi-themed entertainment complexes, mega-plex movie theaters and destination, recreational and specialty investments. Their portfolio includes over 160 locations in 34 states.

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IRVINGMUSICFACTORY™

What will the Irving Music Factory™ look like?

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The Irving Music Factory™ will be a destination for Texas.Featuring 14 independently operated restaurants and entertainment venues.

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Master plan of Irving Music Factory™

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50,000+ square feet of open air plazas

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Multiple outdoor stages for after work concerts, fashion shows, international festivals, art exhibits, and more

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Amphitheater/Performance Hall Indoor/Outdoor capacity of 6,500 people

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View exiting Highway 114

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View of parking garage and main plaza from Highway 114

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View from people mover connection

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View from convention center

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View looking into amphitheater entrance at the box office.

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The ARK Group is financially capable and prepared to move forward immediately with the design and construction of the Irving Music Factory™. We will guarantee the City of Irving that if awarded the development contract and lease we will begin construction early next year and complete the project approximately 18 months thereafter.

IRVINGMUSICFACTORY™

We’re ready to move forward!

We hope to see you soon at the Irving Music Factory™!