dgpfss serving those who serveÀ votre service dgsspf one community one million strong npp board 13...

DGPFSS

Serving those who serve À votre service

DGSSPF

One CommunityOne Million Strong

NPP Board13 April 2011

D.W. Langton, Assoc DGPFSS

CANADIAN FORCES NON-PUBLIC PROPERTYBIENS NON PUBLICS DES FORCES CANADIENNES

Aim

This presentation is to update the NPP Board on the NPP Vision:

“One Community – One Million Strong

and

To seek endorsement of the Business Case for the acquisition of R&R properties


One Community – One Million Strong

• About what we would like the CF community to be, what we would like NPP to do / be

– Sub-theme – how can NPP meet its NDA requirements

• There has ‘never’ been a strategic vision or real strategic plan for CF Community(ies) or NPP

– Decision making has tended to be ‘ad hoc’

– Deal with the crisis of the day


• Our community services approach is still rooted in the CF – base structure of the 1950s

– NPP was central to the success of the CF communities of the 1950s and will need to be central to any future successful CF community model

• Underutilized today; capacity to be powerful enabler

• A Key Assumption

– Former CF members want to belong – want to maintain their CF affiliation

• Building on this desire will strengthen the CF community

• A key element of the US model is that retired personnel remain vital to and are valued by the military community



• Inclusive CF community will be the primary vehicle for enabling progress in solving the following challenges:

– Affordable housing – a central community theme is affordable home ownership either directly, or indirectly through a national NPP co-operative approach

– Access to medical and dental care – expanded community provides critical mass to support family care needs

– Access to child (family) care services – expanded community and multi-use facilities

– Spousal (and family and post-retirement) employment opportunities – includes leveraging national partnerships

– Family Education – expanded community will provide leverage for negotiating inter-jurisdictional issues



• NPP as a key enabler:

– Caring and compassion

– Financial security

– Social opportunities

– Retail goods and services

– Active and healthy lifestyle

• A first step – CF Appreciation Program




• The CF Appreciation Program - A New Initiative with Four Elements:

– Armed Forces Vacation Club

• Access for CF members to US Armed Forces Vacation Club

• Space-Available Access to Timeshare Rentals

– Leisure Travel and Attractions

• Discounted Accommodation, Transportation and Entertainment, Including Universal Studios

– National Discount Program

– NPP Owned & Operated Vacation Properties


Armed Forces Vacation Club

• Access to Full-Service Time-Share Short-Term Rentals

• Similar Program & Discounts as Available to US & Australian Military Members

• Facilities Administered by Wyndham Worldwide

– Condo-style rental accommodations available around the globe at $369 (US) per week – non-prime time

• Attractive Destinations Include:

– Orlando, Myrtle Beach, Williamsburg, Arizona and New York City in the US;

– Quebec and British Columbia in Canada;

– Mayan Riviera, Acapulco and Los Cabos in Mexico;

– Paris and Côte D’Azur in France;

– Rome, Tuscany and Venice in Italy; and others


Accomodations & Attractions

• Significant Discounts at Major Hotel Chains

• Discounted Access to Major Theme Parks

Leisure Travel & Attractions


Invigorated Affiliated Partner Program• Increased Promotion & Awareness

• Expanded Range & Improved Discounts

National Discount Program


NPP Owned Vacation Properties

• The US and Florida are popular vacation destination for Canadians

– Ont accounts for 45% of all visits to the US

– Ont and Que account for 60% of all visits to Florida

• Canadians visit more often and stay longer

• Orlando and Tampa are the two most popular Florida destinations

• Fifty percent of CF community resides in Ont and Que (500K pers)

– A further 21% live in the Maritimes

• Favourable market conditions means ‘this is the time’

– Depressed US Real Estate Market and Strong Canadian Currency

• A new initiative to address leisure travel needs of our community

– Bella Vida in Orlando area – with a Family Focus

– Sun City Center in Tampa Area – for Members 55+


Bella Vida (Kissimmee)

• 48 Town-homes (three and four bedroom) – New Construction in a Gated Community – Modern, Appropriately appointed– Full Amenities on site (pool, club-house, mini-gym)– Close to all popular attractions (Universal, Sea World et al)

• Weekly rentals – Affordable, value for money

• Initial Cost – $9.7M (including $1M contingency)

• Operating Costs – 50% occupancy would cover all costs – 70 – 80% occupancy would generate 4 – 5% ROI


Sun City Centre (Tampa)

• 28 Paired-Villas (two+ bedroom) – New Construction in a Gated Retirement (55+) Community – Modern, Appropriately appointed– Full Amenities on site (pools & gyms, 6 golf courses, infinite

clubs)– Close to Tampa Bay, Clearwater beaches, attractions

• Monthly rentals – Affordable, value for money

• Initial Cost – $11M (including $1M contingency)

• Operating Costs – 65% occupancy would cover all costs – 70 – 80% occupancy would generate 2 – 2.5% ROI


NPP Owned Vacation Properties

• Project Timeline – All approvals would be required by Jun 11– Construction contracts would be signed in Jul 11– Delivery of constructed properties would occur Nov/Dec 11– Rentals could commence 1 Jan 12– All properties would be delivered by Jun 2012


One Community – One Million Strong Way Ahead

• Development of ‘One Community – One Million

Strong’ Vision Statement and Principles

• Implementation of CF Appreciation Program – linked to ‘One Community’



Decision Requested

• Endorse the Business Case for the acquisition of R&R properties

dgpfss serving those who serveÀ votre service dgsspf one community one million strong npp board 13...

Documents