// Rotary Club of Decatur

Transcription

1 // Rotary Club of Decatur February 27, /2/2015 Atlanta BeltLine // 2015 Page 1

2 // What is the Atlanta BeltLine? Connects 45 neighborhoods 22% of City of Atlanta population lives in the planning area 19% of the City s land mass is inside the mile wide 15,000 acre planning area 6,500 acre TAD 3/2/2015 Atlanta BeltLine // 2015 Page 2

3 // The Atlanta BeltLine: Key Elements 1,300 ACRES of New Greenspace (w/700 ADDITIONAL 22 MILES of Transit & Transportation Infrastructure 33 MILES of Trails 46 MILES Streetscapes & Complete Streets ACRES REBUILT) 5,600 UNITS of Affordable Workforce Housing (AS PART OF 28,000 TOTAL UNITS) Corridor-wide Historic Preservation, Public Art and Arboretum 3/2/2015 Atlanta BeltLine // ,000 JOBS & $10-20B Economic Development > 1,100 ACRES of Environmental Clean-up Page 3

4 // Organizational Structure Project Owner/Sponsor Public Redevelopment Authority Single-purpose Implementation Agent (Public Funding) Community Awareness (Private Funding) 3/2/2015 Atlanta BeltLine // 2015 Page 4

5 // Funding Partners 3/2/2015 Atlanta BeltLine // 2015 Page 5

6 // Economic Impacts Development Activity to Date Private investment is following public investment: Over 110 projects complete or underway within Planning Area* valued at over $2.4 billion 13,369 new residential units completed 1,960,000 SF of new commercial space completed Roughly 6:1 ROI to date *Projects larger than 10 dwelling units and/or 10,000 square feet 3/2/2015 Page 6

7 // Economic Impacts Development Activity To date, more than 20,000 construction jobs and 4,600 permanent jobs have been created in the Atlanta BeltLine planning area. 3/2/2015 Page 7

8 // ROI - Eastside Trail $13 million post purchase project cost (design + construction) with $5 million contribution from private donors Over $750 million in new private development within half a mile of this segment of the Atlanta BeltLine 3/2/2015 Atlanta BeltLine // 2015 Page 8

9 // Eastside Trail Before Photo credit: Ryan Gravel 3/2/2015 Atlanta BeltLine // 2015 Page 9

10 // Eastside Trail After Photo credit: Ryan Gravel 3/2/2015 Atlanta BeltLine // 2015 Page 10

11 // Historic Fourth Ward Park: Before 3/2/2015 Atlanta BeltLine // 2015 Page 11

12 // Historic Fourth Ward Park After $50 million total infrastructure cost $400 million in new private development within a block of park 3/2/2015 Atlanta BeltLine // 2015 Page 12

13 // What is Next? 3/2/2015 Atlanta BeltLine // 2015 Page 13

14 // Strategic Implementation Plan Period 1 Between now and 2018, the SIP includes the following project priorities: Securing rights to the remaining two segments of rail right-of-way to complete the 22-mile Atlanta BeltLine loop; Constructing the southern half of the Westside Trail and commencing construction on the Southside trail; Constructing Boulevard Crossing Phase II, Enota and Murphy Crossing Parks; Initiating the first phase of Westside Park including the passive-use park space; and Extending streetcar/light-rail transit to the East and West sides of the Atlanta BeltLine. 3/2/2015 Atlanta BeltLine // 2015 Page 14

15 // Trails: Westside Trail 3/2/2015 Atlanta BeltLine // 2015 Page 15

16 // Westside Trail 3 mile multi-use trail from Washington Park (Lena Street) to University Avenue $43M project cost Under construction 3/2/2015 Atlanta BeltLine // 2015 Page 16

17 // Westside Trail 3 mile multi-use trail from Washington Park (Lena Street) to University Avenue $43M project cost Under construction 3/2/2015 Atlanta BeltLine // 2015 Page 17

18 // Eastside Trail Extension Completed 100% design and construction documents Acquiring necessary easements and completing bid package 3/2/2015 Atlanta BeltLine // 2015 Page 18

19 // Ponce de Leon Streetscape Spring : Part of 46 mile complete streets program From Boulevard to Freedom Parkway Design and ROW: 18 months Construction Start: Spring 2016 Joint venture with GDOT and Ponce City Market 3/2/2015 Atlanta BeltLine // 2015 Page 19

20 // North Avenue Plaza Construction to be completed Fall 2015 Joint venture with Jamestown Properties 3/2/2015 Atlanta BeltLine // 2015 Page 20

21 // Parks: Arthur Langford Park Bids for the construction of improvements to Langford Park are due this month. Improvements include the construction of a skatepark and rehabilitation of a recreation center. Construction is expected to be completed later this year. Funded in part by a grant from the Coca Cola Foundation 3/2/2015 Atlanta BeltLine // 2015 Page 21

22 Atlanta BeltLine/ Atlanta Streetcar System Plan A Supplement to the Connect Atlanta Plan and the Atlanta BeltLine Strategic Implementation Plan Includes all streetcar lines in the Connect Atlanta Plan including Atlanta BeltLine Project evaluation based on Equity, Readiness, Value Capture, Finance, Ridership Significant stakeholder and public input garnered to date Integrates Atlanta Streetcar lines and Atlanta BeltLine into a unified network 3/2/2015 Atlanta BeltLine // 2015 Page 22

23 Environmental Review Process Required for Federal Funding Atlanta BeltLine East and Irwin Street connection -Alignment Options North Avenue/Luckie Street -Alignment Options Atlanta BeltLine West -Alignment Options Atlanta Streetcar* MARTA Red/Gold Line* MARTA Blue/Green Line* * Shown for Reference 3/2/2015 Atlanta BeltLine // 2015 Page 23

24 // Proactive Planning for Transit- Oriented Development From 2007 to 2012, the community worked with the City of Atlanta and Atlanta BeltLine, Inc. (ABI) to produce 10 subarea master plans, which were adopted by Atlanta City Council. Master plans laid out the parks, trails, transportation, and land use recommendations to help fulfill the Atlanta BeltLine vision. Part of that vision is Transit-Oriented Development (mixed use), pedestrian and bicycle-friendly urban infill around the planned transit investment. 3/2/2015 Atlanta BeltLine // 2015 Page 24

25 // Proactive Rezoning for Transit- Oriented Development A multi-year effort is now underway by the City of Atlanta Department of Planning and Community Development to rezone specific non-residential parcels per the recommendations in the master plans. Phase one Proactive Rezonings: o Subareas 3, 5, and 9* Subareas 3, and 5 adopted by Council 1 st quarter 2014 Subarea 9 slated to advance in 1 st quarter 2015 Phase two Proactive Rezonings: o Subareas 1 and 10 o Kickoff meeting planned for 1 st quarter 2015 o Subarea 7 ready Phase three Proactive Rezonings: o Subareas 2, 4, 6, and 8 o /2/2015 Atlanta BeltLine // 2015 Page 25

26 // Atlanta BeltLine Design Review Committee (DRC) Purpose of the DRC- Design Excellence To provide serve written recommendation to the City s Office for projects in the Atlanta BeltLine Planning Area To insure accountability and compliance with the Atlanta BeltLine Overlay and the Sub-Area Master Plan goals To achieve the highest architectural design standards for all projects in the Atlanta BeltLine Planning Area 3/2/2015 Atlanta BeltLine // 2015 Page 26

27 // Atlanta BeltLine Design Review Committee Composition of the DRC ABI staff, City Staff, and Independent Design/Planning Professionals Next Steps of the DRC DRC was adopted by the Atlanta Board of Directors on October 8, 2014 DRC must be officially established by Atlanta City Council- Underway. 3/2/2015 Atlanta BeltLine // 2015 Page 27

28 // Atlanta Beltline Affordable Housing & Economic Development Development of Integrated Action Plan Deliverable: 5 Yr. Strategy for Economic Development and Housing Key Components: Existing Conditions Fact Finding Data Analysis Preliminary Action Plan Strategy to Deliver Progress Over the Next 5 yrs Final Action Plan 3/2/2015 Atlanta BeltLine // 2015 Page 28

29 // New Housing Partnerships 1 st Generation ( ) $8.8M Trust Fund capitalized o Down Payment Assistance o Incentives for Developers o Property Acquisition ABI and Invest Atlanta created over 900 affordable units to date. Goals of: o 28,000 New Units o 5,600 Workforce Units 3/2/2015 Atlanta BeltLine // 2015 Page 29

30 // New Housing Partnerships Affordable Housing: Create a mix of housing for a variety and mix of incomes and household types 28,000 total additional housing units 5,600 affordable workforce housing units Land Use and Zoning: Corridor master land use and traffic planning Projected Impact: Community stability Attracting middle class professionals to live in-town Compact development Live, work, play communities Sky Lofts 3/2/2015 Atlanta BeltLine // 2015 Page 30

31 // New Housing Partnerships A. Land Use and Entitlement Master Plans Proactive Rezoning Sponsored rezoning B. Incentives / Gap Financing Ponce City Market Boynton Village Apartments 3/2/2015 Atlanta BeltLine // 2015 Page 31

32 // Land Acquisition & Development C. Land Acquisition, Predevelopment, and/or JV State Farmer s Market Masquerade D. Vertical Development Lofts at Reynoldstown Crossing 3/2/2015 Atlanta BeltLine // 2015 Page 32

33 // Legislation: Georgia s Redevelopment Powers Act Updates state law to allow surface transportation projects in urban redevelopment areas Broadly defines surface transportation projects to include related facilities, systems, parks, trails, streets, greenspace Provides framework for executing public contracts with private enterprises to complete these projects Lays out requirements for procurement, bond issuance, public engagement 3/2/2015 Page 33

34 // Art on the Atlanta BeltLine September November Largest public art display in Atlanta s history Hundreds of artists including muralists, sculptors, painters, mosaic artists, performers and musicians 3/2/2015 Atlanta BeltLine // 2015 Page 34

35 // Art on the Atlanta BeltLine Since inception, the project has grown more than 40% September 2014: Atlanta BeltLine Lantern Parade kicked off the exhibition with more than 20,000 participants 3/2/2015 Atlanta BeltLine // 2015 Page 35

36 // Art on the Atlanta BeltLine Year 5: More than 100 works of art! Three weekends of performances 3/2/2015 Atlanta BeltLine // 2015 Page 36

37 // Thank You 3/2/2015 Atlanta BeltLine // 2015 Page 37