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Skyline Park Pittsburgh Seen

Skyline Park Pittsburgh Seen. Faculty Advisor: Pablo Garcia . Business Team: Shubham Agarwal Amrita Jain Sarit Mishra Jomari Peterson Brett Wiewiora. Architecture Team : Mekha Susan Abraham Arthur Azoulai Donald Chow Scott Harrison Joseph Koon Johnson Pun Jacob Russo

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Skyline Park Pittsburgh Seen

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  1. Skyline ParkPittsburgh Seen Faculty Advisor: Pablo Garcia Business Team: ShubhamAgarwal Amrita Jain SaritMishra Jomari Peterson Brett Wiewiora Architecture Team: Mekha Susan Abraham Arthur Azoulai Donald Chow Scott Harrison Joseph Koon Johnson Pun Jacob Russo John Soh

  2. Implementation

  3. Skyline Park, Inc.

  4. Risks & Responses

  5. Timeline 3Years

  6. Market Analysis - Benchmark 47 Million Visitors to New York Annually • 7.5% of Visitors (3.5 million people) visit Empire State Building Annually

  7. What this means for Pittsburgh 10 Million Visitors to the Region Annually $3 Billion Dollars in Tourism Revenues Annually Pittsburgh Stats: VisitPittsburgh.com

  8. Competition • Other Attractions In Region • Museums • Parks • Venues (Heinz Hall, Benedum, Phipps, etc) • Downtown Restaurants • Other Nearby Cities • Cleveland • Buffalo/Niagara Falls • Washington, DC • Philadelphia • New York City

  9. Basis for Financial Projections

  10. Triple Bottom Line - Financial Projections NPV - $50 Million Dollars

  11. Triple Bottom Line – Social ROI

  12. Triple Bottom Line – Social ROI • Estimate 10,000 visitors come primarily for Park • Each visitor averages $300 in spending • Indirect Economic multiplier of 4-7 • Equals $12 M - $21 M economic impact on region * Sources: Dr. Daniel J. Stynes, Michigan State University & Visit Pittsburgh

  13. Triple Bottom Line - Green • Energy Generated Through Wind Belt: 470 KW • Screen Energy Requirements Additional Energy Requirements: • Total Building Energy Requirements: • Percentage Covered by Renewables: • Water Harvesting • Green Roof Benefits:

  14. Triple Bottom Line - Green • Long-Term Goal: Make building 65% Renewable energy • With Windbelt technology: We power 9% of building • Also provide • Green Roof • Water Reclamation

  15. Summary & Recommendations • Triple-faceted Design • For-Profit Model • $46 Million profit over ten years • SROI = $12 – $21 million a year • Green ROI – 100% renewably powered, contributing 9% power to building

  16. Appendix

  17. Triple Bottom Line – Green Data • Potentially generate up to 4119 mWhannually • (470 kWh * 8765 hours/year) • Our Energy needs are: • Projectors – 184 mWh annually • Rest of our space: • 600 mWh annually • Rest of Building • 43710 mWh annually

  18. Mission & Vision Vision: To make Pittsburgh a top-tier worldwide tourist destination. Mission: Create an icon for the city that emphasizes Pittsburgh’s new role as a leader in green technology and innovation.

  19. TECHNICAL FEASIBILITY • Pittsburgh: • Wind low = 6.0 mph • Wind high = 10.4 • Average wind speed required for wind belt = 6mph.

  20. Funding Considerations • Government Rebate • PA State incentives and policies for Wind and Geothermal Energy. • Offers funding up to $5 million at 5% for up to 15 years • Potential Collaborations Humdinger is seeking strategic partners interested in licensing intellectual property rights to manufacture and sell the Wind-cell™ Panel technology.

  21. AeroelasticFlutter Demo • http://www.popularmechanics.com/technology/industry/4224763.html

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