Regional Transit-Oriented Development Advisory Committee

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1 Regional Transit-Oriented Development Advisory Committee Friday, December 16, :00 a.m. 12:00 p.m Western Avenue, Suite 500, Seattle, WA :00 1. Call to Order Committee Co-Chairs 2. Introductions Committee Members 3. Report of the Co-Chair 4. Communications and Public Comment 10:15 5. Discussion Item: Welcome New Members and Co-chair Committee members 10:25 6. Discussion Item: Legislative Priorities Follow Up and Election Recap Michael Hubner, PSRC, Sound Transit staff, and Committee members 10:35 7. Discussion Item: T2040 TOD Regional Benefits Analysis Ben Bakkenta and Craig Helmann, PSRC 11:05 8. Discussion Item: Regional TOD Summit Event Fall 2017 Michael Hubner, PSRC and Committee members 11:30 9. Information Items Regional Equitable Development Initiative, James Madden, Enterprise Community Partners and Cheryl Markham, King County Local TOD Update Round Robin, Committee members 11: Meetings in 2017 March 17, June 16, September 15, December 15 Potential items for next meeting: Legislative update, Regional Centers Framework, T2040 Update, Regional TOD Event 12: Adjourn Meeting * Supporting materials attached It is requested that Citizen Comments be limited to three minutes and relate to topics on today s agenda. Committee members please submit proposed amendments and other materials prior to the meeting for distribution. Organizations/individuals may submit information for distribution. Send to Lori Jacobs at ljacobs@psrc.org, fax , or mail. Sign language and communication material in alternate formats can be arranged given sufficient notice by calling (206) or TTY Relay 711. 中文 Chinese, 한국 Korean, Русский Russian, Español Spanish, Tagalog, Tiếng việt Vietnamese Call

2 December 16, 2016 DISCUSSION ITEM #6 To: From: Subject: Regional TOD Advisory Committee Michael Hubner, PSRC Legislative Priorities Follow Up and Election Recap / Next Steps IN BRIEF PSRC staff will report back to the committee on next steps related to the legislative priorities round robin discussion by the committee at its September 16 meeting. Sound Transit staff will provide a brief overview of the passage of Sound Transit 3 and next steps for the agency. Committee members will have an opportunity to report any other results of the November 9 election related to funding for transit investments or TOD. RELATIONSHIP TO THE GTC STRATEGY Several actions in the Growing Transit Communities Strategy call on the State to enact legislation to promote equitable development near transit (see Actions 7.14, 10.11, 15.07, 16.06, 18.06, and 22.09). In addition, Action 1.02 of the Strategy calls on an advisory committee of compact signatories to work in coalition to support state legislative priorities. Regional high-capacity transit investments, such as those funded by ST3, link existing centers of activity with transit and provide the catalyst for transit-oriented development throughout the region. DISCUSSION At its September 16 meeting, the Regional TOD Advisory Committee addressed in a round robin discussion various legislative priorities of the jurisdictions and organizations represented related to equitable TOD. Many of the committee members reported that at that point in time, they had yet to develop specific proposals or to adopt official legislative priorities. The committee asked staff to prepare a summary of the outcomes of this discussion as a basis for input with the Growth Management Policy Board on any legislative priorities that may move forward to the PSRC Executive Board. The summary, which is shown in Attachment A, was included in the meeting minutes from September 16. At the next GMPB meeting on October 6, Deputy Mayor Jay Arnold, City of Kirkland, provided a brief summary of the high-level concepts for state priorities discussed by the RTODAC. The GMPB did not discuss other legislative priorities for 2017 nor has it forwarded any to the Executive Board. Regional TOD Advisory Committee Meeting Item 6 1

3 The Sound Transit 3 ballot measure was approved on November 9 by a vote of nearly two-thirds of the voters in the Sound Transit taxing district. The package includes $54 billion in investments over the next three decades in light rail, express bus and bus rapid transit, and commuter rail. Upcoming transit expansions include a 116-mile light rail system with extensions to Everett, Tacoma, downtown Redmond, Kirkland, Issaquah, Ballard and West Seattle; bus rapid transit on I-405; and Sounder south expansions. The package also includes significant support for transit-oriented development planning and implementation and supports equitable development in station areas through the disposition of agency surplus properties and contributions to a revolving TOD fund to acquire properties for affordable housing development. Sound Transit staff will be present to provide a brief summary of next steps, including in the areas of system planning and development, and in the implementation of equitable TOD programs. Committee members will also have an opportunity to report on other election outcomes related to funding for transit and other investments that support TOD. NEXT STEPS PSRC staff is available to provide the committee with information on legislative activities in Olympia during the 2017 session. One mechanism for doing so would be to produce an equitable TOD legislative hot sheet incorporating input from committee members on key proposals and bills for dissemination to the full committee several times during the session. Sharing information in this way could help to support collaboration among members around shared priorities. STAFF CONTACT For more information, please contact Michael Hubner at or mhubner@psrc.org. Regional TOD Advisory Committee Meeting Item 6 2

4 ATTACHMENT A Summary of September 16, 2016, Regional TOD Advisory Committee discussion on 2017 Legislative Issues to Support Equitable Transit-Oriented Development Transit-oriented development (TOD) is a key tool to enable the central Puget Sound region to achieve goals for regional mobility, economic prosperity, and environmental sustainability that are established in VISION TOD leverages the region s existing $25 billion investment in highcapacity transit for maximum benefit by locating new housing and jobs within walking distance of transit stations. Equitable TOD ensures these benefits are widely enjoyed by current and future residents, regardless of race or income, through strategic public investments in affordable housing and access to opportunity. At their September 16, 2016 meeting, members of the PSRC Regional TOD Advisory Committee discussed their individual state legislative priorities that would help support equitable TOD in the region. This discussion is summarized below. Infrastructure. Lack of sufficient infrastructure, especially improvements to facilitate transit access, is a major barrier to new residential and commercial development in transit communities. Local jurisdictions need more funding and financing mechanisms for infrastructure, including complete streets with pedestrian and bicycle improvements, and utilities such as stormwater, sanitary sewer and water, to support private investment and create equitable communities. The Regional TOD Advisory Committee discussed specific legislative priorities that would enhance funding for infrastructure and transit access improvements, including: Protect funding for pedestrian and bicycle infrastructure and other multi-modal improvements in the 2015 statewide transportation package Strengthen funding criteria for state infrastructure programs to prioritize projects that serve and support equitable transit communities Authorize a locally enacted and equitable value-capture financing mechanism that generates revenue for infrastructure and affordable housing Affordable Housing. In order to meet the diverse needs of current and future residents, transit communities require an adequate supply of housing affordable to a full range of incomes. Transit communities provide a unique opportunity to create and preserve housing that is affordable and close to frequent transit service. The benefits include lower housing and transportation costs and equitable access to transit service and regional opportunities. The Regional TOD Advisory Committee discussed legislative priorities that would provide more funding and financing mechanisms to meet this need, such as: Expand the Housing Trust Fund to support affordable housing in transit communities Authorize new local options to fund affordable housing, such as a preservation tax exemption Support programs that would expand emergency and transitional housing for homeless populations, such as the renewal of document licensing fees Regional Transit Oriented Development Advisory Committee Meeting Item 6A

5 December 16, 2016 DISCUSSION ITEM #7 To: From: Subject: Regional TOD Advisory Committee Ben Bakkenta and Craig Helmann, PSRC Transportation 2040 TOD Regional Benefits Analysis IN BRIEF The committee will be introduced to an upcoming technical analysis that PSRC will conduct to answer policy questions regarding the economic benefits of transit-oriented development (TOD). RELATIONSHIP TO THE GTC STRATEGY The Growing Transit Communities Strategy identifies the actions and tools that will be necessary to attract growth to the region s transit station areas, implement the region s plans, and build prosperous and sustainable communities that benefit all. The strategy assumes that these actions and incentives will be necessary to increase the amount of growth in proximity to transit investments than would otherwise occur. An upcoming analysis in support of the planned 2018 update to Transportation 2040 will attempt to quantify the economic benefit of a more densely developed land use pattern in the central Puget Sound region. Findings from the analysis may help highlight the economic benefits of a compact, transit-oriented development pattern, and emphasize the importance of the Growing Transit Communities Strategy. DISCUSSION Transportation 2040 the central Puget Sound region s long range transportation plan will undergo a federally required review and update starting in January 2017, with adoption scheduled in Spring The plan currently contains a Transit-Oriented Communities section that identifies the substantial social and environmental benefits of a compact development pattern. According to research supporting the plan, transit-oriented communities have the potential to: Promote health by encouraging walking and biking, cutting air pollution, and reducing motor vehicle accidents Lower household expenses for transportation Reduce municipal infrastructure costs Help meet growing demand for walkable communities Curb land consumption and thereby help conserve farms and natural ecosystems, and protect water quality Regional TOD Advisory Committee Meeting Item 7 1

6 Cut energy consumption and greenhouse gas emissions associated with both transportation and the built environment. Transportation 2040 (PSRC, 2010), pp Since the plan was adopted, the question has often been posed of whether, in addition to the benefits noted above, it would be possible to quantify some of the economic benefits of a compact regional transitoriented development pattern. Based on review of a similar analysis conducted in the Minneapolis-St. Paul metropolitan area, PSRC staff refined a methodology to conduct a proof-of-concept analysis to answer policy questions regarding the potential economic benefits of TOD: A substantial investment is being made to build the Transportation 2040 system. The VISION 2040 Regional Growth Strategy focuses a significant portion of future growth into centers and other areas suitable for TOD. How much additional benefit is generated by focusing growth into these areas? Given substantial investments in transit, it is conceivable that additional TOD growth could be focused around future transit stations, beyond that which is currently planned. Would this additional growth increase benefits to the region? A preliminary step in the analysis will be to identify the locations that may be appropriate for increased density and growth, consistent with known plans for high capacity transit and adopted local comprehensive plans. At the December meeting, PSRC will review its proposed analytic approach with the committee. Committee members will have an opportunity to ask questions and provide comments, particularly on a preliminary proposal for TOD locations to be used in the analysis. NEXT STEPS To support the Transportation 2040 update schedule, the TOD benefit analysis must be complete by Summer PSRC will conduct preliminary analysis, and will update the committee on progress at its March 2017 meeting. STAFF CONTACT For more information, please contact Ben Bakkenta at or bbakkenta@psrc.org, or Craig Helmann at or chelmann@psrc.org Regional TOD Advisory Committee Meeting Item 7 2

7 December 16, 2016 DISCUSSION ITEM #8 To: From: Subject: Regional TOD Advisory Committee Michael Hubner, PSRC Regional TOD Engagement Event IN BRIEF The committee will discuss preliminary ideas for a regional transit-oriented development engagement event to be held in 2017, including overall theme, potential topics, and members of the committee interested in forming a subcommittee to plan the event. This would build on the success of New Opportunities: Working Together to Build Great Transit Communities, a regional gathering of public and private sector TOD stakeholders, organized by PSRC and its partners in RELATIONSHIP TO THE GTC STRATEGY Several actions in the Growing Transit Communities Strategy call for stronger partnerships between the public and private sectors to promote equitable transit communities, including actions associated with Strategy 2: Build Partnerships and Promote Collaboration and Strategy 21: Invest in Economic Vitality and Opportunity. The Growing Transit Communities Partnership also undertook private sector engagement activities, such as the Capital Absorption Workshop and Business Roundtables, upon which a public-private sector engagement event could build. BACKGROUND In 2015, the partnered with several organizations, including compact signatories with representation on the Regional TOD Advisory Committee, to organize and host New Opportunities: Working Together to Build Great Transit Communities. This event, which took place on September 23, 2015 in Redmond City Hall, convened more than a hundred public and private sector stakeholders for an all-day conference focusing on equitable transit-oriented development in the region. The New Opportunities event was organized with support from PSRC, Washington State Department of Transportation, Federal Transit Administration Region 10, Sound Transit, King County, City of Redmond, Urban Land Institute Northwest Chapter. Association of General Contractors, Cairncross and Hempelmann, and VIA Architecture. The primary goal for the event was to bring public and private sector stakeholders together to discuss mutual interest in promoting TOD projects and to share perspectives on best practices and proven models. Regional TOD Advisory Committee Meeting Item 8 1

8 Panel presentations and discussions during the event addressed transit system expansion plans, local policies and regulations, funding for infrastructure and affordable housing, implementation approaches, intergovernmental collaboration, and public-private partnerships. Breakout sessions highlighted case studies drawn from experience with TOD in Capitol Hill, Redmond, SE Seattle, Mountlake Terrace, Shoreline, Kent, Portland, and East King County. A copy of the flyer for the event is shown in Attachment B. Participants and RTODAC members gave the New Opportunities event high marks for providing useful information and a forum for networking, and expressed interest in organizing similar events in the future. DISCUSSION More than a year has passed since the New Opportunities event, a year during which new TOD projects broke ground or moved closer to being realized, new resources became available for equitable development near transit, and the region took major steps towards building, funding, and planning for a regional high-capacity transit system. Challenges also persist in attracting private investment, addressing rapidly escalating housing costs, and bridging the gap between existing mobility needs and long-range timelines for transit investments. A new regional TOD engagement event would be well-timed to raise awareness of new resources and best practices. Such an event would bring together public, private, and non-profit sector partners with shared interest in promoting the three goals of the Growing Transit Communities strategy attracting population and housing to transit communities, creating and preserving affordable housing, and increasing access to opportunity. Invitees may include local government elected officials and staff, transit and other transportation agencies, market-rate developers, affordable housing developers, financial institutions, and community groups. Potential topics include: System expansion under Sound Transit 3 Multimodal access to transit stations Land acquisition funds for equitable TOD (REDI, ST3, Forterra) Surplus public lands for equitable TOD (focus on provisions of ST3) Innovative funding for public realm and infrastructure improvements Emerging TOD markets Regional planning and investment in centers Committee members will be asked to discuss the prospect of organizing a regional TOD engagement event in Specifically, the committee will provide feedback on: Support for pursuing this proposal in 2017 High level themes, topics, and questions Target participants and goals for the event Timing, format, and location Interest in forming a subcommittee to plan the event Regional TOD Advisory Committee Meeting Item 8 2

9 NEXT STEPS A planning committee made up of Committee members and other interested parties could meet over the next several months to organize the event. Committee members wishing to be involved in the planning committee should indicate their interest at the December 16 th meeting or by contacting PSRC staff. Follow-up briefing could take place at the Committee s March 17 th meeting. STAFF CONTACT For more information, please contact Michael Hubner at or mhubner@psrc.org. Regional TOD Advisory Committee Meeting Item 8 3

10 Featuring King County Executive Dow Constantine and Washington State Representative Joan McBride REGISTER NOW $20 registration fee, lunch included 4.0 AICP Credits pending NEW OPPORTUNITIES Working Together to Build Great Transit Communities Wednesday, September 23, :00-3:30 Redmond City Hall Join industry leaders and elected officials at a day-long event to discuss opportunities to partner for successful and equitable transit-oriented development in jurisdictions around the region. LOCATION Redmond City Hall NE 85th Street, Redmond, Driving Map and Directions & Transit Map and Directions REGISTRATION Register now at For more information, visit the ORGANIZED WITH SUPPORT FROM: PUGET SOUND REGIONAL COUNCIL, WASHINGTON STATE DEPARTMENT OF TRANSPORTATION, FEDERAL TRANSIT ADMINISTRATION REGION 10, SOUND TRANSIT, KING COUNTY, CITY OF REDMOND, URBAN LAND INSTITUTE NORTHWEST DISTRICT COUNCIL, ASSOCIATION OF GENERAL CONTRACTORS, CAIRNCROSS AND HEMPELMANN, AND VIA ARCHITECTURE

11 NEW OPPORTUNITIES Working Together to Build Great Transit Communities PROGRAM OVERVIEW 9:00 Opening Plenary: New Opportunities for Transit Communities! Transit system expansion and new funding tools are creating new opportunities for local jurisdictions to partner with the development community to create successful and equitable residential and commercial TOD throughout the region. Speakers: Redmond Mayor Marchione; Representative Joan McBride; Ric Ilgenfritz, Sound Transit; Devin Culbertson, Enterprise Community Partners 9:45 Plenary Panel Discussion: Public and private sector players discuss the policies, funding sources, champions, challenges, compromises, and other critical issues involved in realizing successful TOD projects. Developers will explain what local jurisdictions can do to entice TOD projects and investments. Public sector representatives discuss strategies to include public benefits in station area communities as new development occurs. Speakers: John Hempelmann, Cairncross and Hempelmann; Alan Hart, VIA Architecture; Kristin Ryan, Jonathon Rose; Dan Stroh, Bellevue; Matt Wickens, Pine Forest 10:45 Concurrent Sessions: Project partners discuss replicable case studies for success in TOD projects facing different economic conditions in: Session 1: Hotter real estate markets; case studies on Capitol Hill and Redmond Session 2: Cooler real estate markets; case studies on Rainier Beach and Mountlake Terrace 11:45 Networking Lunch 1:00 Concurrent Sessions: Replicable case studies on tools and processes for different times on the system planning timeline Session 3: Far advance of HCT, How jurisdictions and Sound Transit work together in system alignment and station siting decisions; case studies from Shoreline and Kent Session 4: Leading up to HCT, Maximizing TOD Potential on Surplus Lands; case studies on Othello, Portland, and East King County 2:00 Concurrent Sessions: Replicable case studies on tools and processes for different times on the system planning timeline Session 5: Far advance of HCT, Successful station area planning and implementation; case studies on Tacoma and Shoreline Session 6: Leading up to HCT, Creating successful developer agreements; case studies on Issaquah and Vancouver, BC 3:00 Closing Plenary: New Opportunities for Regional Partnerships Speakers: Josh Brown, PSRC; King County Executive Dow Constantine 3:30 Off-site reception to follow