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HEADQUARTERS TRANSITION
CREATING SOME CONTEXT
Where we have been Tough economy Layoffs avoided Pay freeze
CREATING SOME CONTEXT
Where we are Turning the corner Facing new
opportunities Pay freeze lifted
CREATING SOME CONTEXT
“We’ve faced lots of challenges and changes.
Why take on more change now?” Opportunities arrive when they arrive (and
they don’t wait) We got to where we are today by taking risks
and seizing opportunities
OUR OPPORTUNITY
The story of our new building The economics of our deal 40 cents on the dollar Virtually brand new facility Large enough
to meet our needs Positions us for growth,
synergy and economies of scale
OUR OPPORTUNITY
Great location Blocks from the capital On the doorstep to the largest theater district
outside of Broadway A showplace we can be proud of. Centralized, expanded, enhanced training and
conferencing resources. A center of education for clients and
employees. Tiered presentation auditorium.
OUR OPPORTUNITY
Environmentally Responsible Building uses daylight harvesting to create
improved lighting fields with more robust user centered lighting.
Over 300 thermostats are computer monitored to deliver outstanding comfort in a sustainable, cost effective way.
“Eco Corridors” insulate from temperature extremes and create great lines of sight for a more aesthetically appealing environment.
OUR OPPORTUNITY
Building uses no natural gas Rain water filtered before release into the
drain system so no contaminants reach the bay.
Air is cleaned of pollutants and particulate to hospital grade or higher – work becomes a healthier place to be.
We are also exploring UV filtering to further scrub the air.
OUR OPPORTUNITY
80% plus more energy efficient (green and cost savings)
Building’s second floor “Town Square” concept brings together all departments in a team oriented setting (also called “GoogleWorld” with Wii consoles, pool tables, on demand video links to other centers (you can talk to your buddies face to face in other CoStar locations over coffee).
We see this as a place to begin and end your day.
OUR OPPORTUNITY
Green Rooftop Terrace – up to 20 degrees cooler in shaded areas. Musical and social event center.
No disposables in the new facility – all glass and silverware washed nightly.
Real time energy dashboards display company savings and energy efficiency.
“5 star touches” – true stall doors. No touch appliances.
OUR OPPORTUNITY
Safety Considerations Auto air pressurization in
stairwells creates a safety zone in emergencies beyond harm’s way.
OUR OPPORTUNITY
Corporate Citizenship Considerations
Community minded – CBE’s
Reinvestment in a great community and in our nation’s capital
Tax Incentives Situated convenient to airport
for customer and employee access
OUR OPPORTUNITY
Ergonomics Much thought has been given to the work stations. Eye appealing and user friendly lighting Ergonomic Seating Flexible work space configuration BIG screens and multiple screens designed with
user comfort and functionality in mind. You will have a chance to see sample work stations
at the open house.
MAKING THIS CHANGE EASIER
Transportationall programs grandfathered
Metro Subsidy:– Full reimbursement– Pay for metro not parking
Marc Train– Full Reimbursement
VRE– Full Reimbursement
MAKING THIS CHANGE EASIER
Bus– Full Reimbursement
Circulator– Full Reimbursement
Parking– Covered parking on site for carpoolers of three or
more on first come first serve basis.– Also negotiating rates with local garages and will
provide more information as it becomes available.
MAKING THIS CHANGE EASIER
Commuter Connections Rideshare coordinators for
DC MD VA car/van pools– Database of 30,000 names
Guaranteed 4 rides per year for emergency situations– CoStar will go above and beyond that to
provide emergency transportation if needed.
Master bill account with cab company coordinated through concierge – 4 rides a year beyond commuter connections
MAKING THIS CHANGE EASIER
Segways– 6 segways & Helmets
available for employees
Bicycles– 20 trek commuter bikes– Bike Lockers at Union Station
Car pooling assistance– “Instant Carpooling”
(aka Slug your way to work) via www.sluglines.com
MAKING THIS CHANGE EASIER
VA DOT provides safe convenient and free park and ride parking lots where you can meet your carpool and one third of these lots also have bus and rail service nearby. Learn more at www.vamegaprojects.com
MAKING THIS CHANGE EASIER
Relocation Program Employees relocating their permanent
residence to the District of Columbia between 2/5/10 and 9/30/11 will receive $7,000 in relocation assistance– ($3,000 upon move and $1,000 per
quarter for the following 4 quarters) First Mover Incentive
– The first 50 employees to move their permanent residence to DC will receive:
• Full $7,000 payment upon move of permanent residence
• Additional $7,000 nine months after move of permanent residence
MAKING THIS CHANGE EASIER
First-Time Homebuyer Individual Income Tax Credit This federal tax credit is available to first-time homebuyers in
the District of Columbia. The credit is the smaller of:– $5,000, if single, married filing jointly, head-of-household, or qualifying
widow(er) ($2,500, if married filing separately) or the purchase price of the home.
In general, you may claim the credit if: You purchased a main house during the tax year in the
District of Columbia, and You (and your spouse, if married) did not own any other main
home in the District of Columbia during the 1-year period ending on the date of purchase.
Income restrictions and other qualifications may apply.
WHY WE MIGHT LIKE THIS CHANGE…
WHY WE MIGHT LIKE THIS CHANGE…
Environmentally Responsible – LEED Certification
LEED (Leadership in Energy & Environmental Design) is an internationally recognized green building certification system, providing third-party verification that a building or community was designed and built using strategies aimed at improving performance across all the metrics that matter most: energy savings, water efficiency, CO2 emissions reduction, improved indoor environmental quality, and stewardship of resources and sensitivity to their impacts.
WHY WE MIGHT LIKE THIS CHANGE…
Why does LEED Certification matter?– LEED Certification tells our peers, clients and
customers, that our building's sustainable features have been verified by a third party to promote energy conservation, to ensure a healthier indoor environment and to reduce our building’s impact on the environment.
WHY WE MIGHT LIKE THIS CHANGE…
LEED Scoring System– In LEED 2009 there are 100 possible
base points plus an additional 6 points for Innovation in Design and 4 points for Regional Priority. Buildings can qualify for four levels of certification:
• Certified - 40 - 49 points • Silver - 50 - 59 points • Gold - 60 - 79 points • Platinum - 80 points and above
We purchased a Gold LEED Certified building and we are building out at the Platinum level.
WELCOME TO L STREET
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WHY WE MIGHT LIKE THIS CHANGE…
Quality of life cultural and social opportunities– Nation’s Capital– Vast array of activities– Restaurants– Clubs– Theaters
WHY WE MIGHT LIKE THIS CHANGE…
Lifestyle Housing
– Broad array of housingoptions to fit almost every budget.
– We will provide local realtor assistance, area tours and guidance to help you find your new home.
Educational Guidance– In addition to support provided by the Employee
Assistance Plan we will be providing Educational Consultants to provide individualized guidance to help each family best address the educational needs of their children, including those with special needs.
WHY WE MIGHT LIKE THIS CHANGE…
Lifestyle Daycare
– In addition to support provided by the Employee Assistance Plan we will be providing Educational Consultants to provide individualized guidance to help each family best address the daycare needs of their children, including those with special needs
On site concierge – To assist all employees but especially
single parents with some of the logistical challenges that they face.
WHY WE MIGHT LIKE THIS CHANGE…
Opportunities for growth Employee Education Programs
– We will be providing programs and speakers in HQ
Industry courses and certification– We will be giving employees
access to world class industry related programs, certificationsand seminars
Many future career opportunities – Co-location of our company functions
provides each employee more opportunities for career growth within more functions across the company
WHY WE MIGHT LIKE THIS CHANGE…
Other great features of our new building Fitness center access Fitness training and coaching Nutritional Counseling Exercise Classes Healthy foods Better Choices Fruits, healthy food,
soda fountain and juices Roof Deck Lunch parties etc Flex Time Program
WHY WE MIGHT LIKE THIS CHANGE…
Other great features of our new building Circulator bus runs continuously from
Union Station directly by our office and back all day. (We have provided circulator routes). These are brand new, clean busses that can take you to work or for a quick ride to Georgetown for lunch.
Smart Bikes Racks (just like in Paris)– rent a bike for a dollar and drop off at any
other location.
Segways available for employee use upon request. They are not just for tourist groups any more!
Verizon Center Box
220 events per year See your market’s team
play the Caps & Wizards Participate in client
entertainment See your favorite band 4,000+ tickets for CoStar!
1331 L Street Open HouseWednesday, July 7th
Tour the new building Enjoy a “Taste of DC” for
lunch Hang out on the rooftop
terrace and listen to music Sightsee in DC Top off the day with a
Nationals Game Buses will return to White
Marsh throughout the day, stay as long as you like!
DC MOVE INFO ON CINDI
Check CINDI for links toDC MOVE related content.
WEBSITE COMING SOON
All the information you’ll need to make your transition to L street as smooth as possible.
You’ll be notified shortly of the website launch via email.
