Fort Baker
Sausalito, California
Fort Baker
Sausalito, California
Fort Baker Retreat Group, LLC
Equity Community Builders, LLC
Passport Resorts, LLC
Ajax Capital Group, LLC
142 Room Lodge and Conference Center
$102 Million
June 2008
Private Equity, Conventional
Bank Loan — Bank of America
Tax Credit Equity —
Banc of America Historical Capital Assets
Leddy Maytum Stacy Architects
Architectural Resources Group
Office of Cheryl Barton
ECB along with its hotel partner, Passport Resorts was selected by the National Park Service to develop a 142 unit lodge and conference center at Fort Baker, near Sausalito. Cavallo Point, located at the base of the Golden Gate Bridge is a stunning new addition to the Golden Gate National Recreation Area. The project includes the historic rehabilitation of 23 buildings for lodging and meeting rooms around the main Parade Ground and the construction of 11 small lodging buildings that have been designed organically, with sustainable “green building”/historic rehabilitation principles guiding every aspect of the building’s construction and operation. The project earned a LEED Gold designation from the U.S. Green Building Council.
Cavallo Point is available for non-profit, government, and corporate meetings as well as for individual travelers and family gatherings.
The yearly schedule includes innovative programs on themes including the environment, leadership training, wellness, cooking, and the arts. The 200,000 square foot project, located on 45 acres on the San Francisco Bay includes lodging rooms, 11,000 square feet of spa facilities, 15,000 square feet of meeting space, and a 90 seat, Michelin star rated full service restaurant.
ECB was the managing principal for all aspects of the project’s development, including negotiating a 60 year lease with the National Park Service, design management, financing, and construction. ECB took the lead in successfully raising $40 million in equity, $49 million in construction loans, and $12 million in historic tax credit equity. For further information on Cavallo Point visit: cavallopoint.com