EDA Agenda 03-13-2019 (Workshop Meeting)EDA SPECIAL MEETING — WORKSHOP
March 13r", 2019
1. Purpose
a. Prepare for Developer Meetings on March 21 st, 2019
b. Review Goals for Block 52
i. Public Purpose
ii. Development Use, Density, Design, Phasing
iii. Return on Investment
2. Discuss EDA Tools & Developer Goals
a. Land
i. Square footage
ii. Value
b. Taxincrement—RedevelopmentDistrict
i. EDA capture
ii. Interest Rate
iii. Parking Funds
iv. Other
3. Other Considerations
a. Right of way — need and use
b. Public space
c. Parking/underground parking and location
4. Scenarios for Baseline Comparison
� ARirekontage
� F'k�uhleFron[a}^[�erthxAaivewP.esitlert5ap
Fraucage Aud Grou�nd Floar Uses
�s�.vef rag [1ug1�tr spa n:y}and
es qrec l. C ra c 1 h uld `ae
]oc.a:ed 3 3 y L5 ] t � the
wese hal< f 4i 5 e t Tn sndzr
of the L] ck is fienhle n�an have e�ther
res�dennal or aaive Eronsages.
- 9.�il�iry5etback
PackH Parh & dpen Spxe
Setback Po k cP k& 4p Sp ce
6 ild� g� h�lu'd�fi �ihep �� ce�r
of ch l] .k. hS 6!.s [5 i0 ) For
o h� �p�. � n g Gd� play igxds
�s p tt❑ B� d ry and Vlalnuc. A
ore genercus setba�k u peanSszed cm
F\ne due cu cratxc volumes and access.
Atrachea cosnerplazas are encauraged
on rhe norchwesc mrner oF che Slc,ck and
perenitted on che nnrtheast and soucheast
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IFiree tatalyti�' P�o'ie�ts i.i dom�roum
�evelnp.nient Ske i—Nortbllalf of Black 52
ioned a Ue devrloped ei i�,::._. �.. � .�:i > inE.
' �" ' on is' ,-.
Untisin�[hai [ronls oit iherrvcr, and otlennga elcsla�s[s_n rul�u:a�t�:r iYh.^.
},r:, en�.eia.s�azna�ea�_ �t,,.�ou�a�reac�ann.t�.r„t�raA�..�:o��..�.\:v,t•._.5�...
�nd d aw cusmmer tnftic tMat waald sc�ppwn Ne mtaiiers on Braadwa; �tr����_
1 F.i= ai�e has. th�e po�ential �o be t,ighly am-acose for a developer, if cenai7
}+'«ondi�onsarepre�ent. Ckvelopmentismo�tlikelyit�
I.'Ihc s�re can 6e assanhled in single oum.ership ox conirolled 6y a comm:m
��ti[y
.. 'lheee is a mmmi4nent to a special streef on the 8madway�io�River 61oc'.< n�'
',4'alnui Steee�
.= Aen�zrtainm�entorrestawantena�.epreneur/apen[orissemred'ena:n„�ii-._
fcr �he sig�a�n�se resafl �ace
A. Grndttalficrirculationismaintainedarovndthebl�rk,andgo.odaa�a:,��::
available Eo surface park�g i�n t�he b]xk interiox
.. �iry'andpublicsupportisprese�tfardevclupmentaeaxeasonablet-_n=t�_�;
e-. Public financial supgort i.=. mzdc �vai;zhle
'Ihc Cirt vvil] nced ��o play a p•.,.. a_i.irc an:i a::::. cr� ir„ ..,;Ic io a.iv:n:ce ihesc
�q�,a;nons ror =�,ae«
Surt-r_eParking
.+4cces�Vlay
P k. �.g & 5 g
y �a ��bl kp rk� g � raged
Fi e5< dWal t5e P lang
h ul�" h al xp � t 3m3d,.ay.
fLve. c� LV ]n . St6 - h uld 6 l ga
ough:o repla�e fhe e snng pu61.c
parlang ]oc an che block and shuule 6e
eapandahle iF ehe snurh side oF che hlock
redeva]ops CarnEvl can9dna¢ion should
6e� ��ea �o sdsi6ility aryd accrss:u pukeng
fmm Pine St. since thac wi116e the primary
i hc�ss the =_.i[e vn]! t�z apFieoache� Frnm
Rsid; c;?.�rer, si��age cr a mroing lane
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Sire. &e�eianx'ILraugh Hlock.52 and Wea� 8xidge Park
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Opuans
Tne ewo illuscratlnns.�ova sho..� po<enr.ia] opaoas for
developenmc nn S]ork 52 � Lcch a3heriag co ihe gu:del�oes.
7he top illuszrae.o-n show�s new deselopaeenc on Hroada,ay,
aati:ula[ed ac a?�fain Szreet sc�ale, with a caxr:er plaza ar.c a
vered pa.ss chrough as a Form of pockes Furk. l}�.e hott.om
illusvaz�e� shc�ws a si:,gle mm�er developme.nt oc 3mads..ay,
wi rh a pork e� park_
Appmacbing Downaowo from r:6e Hridge
91ock 52 is �he Gacew�ay IIlak xo �awmcown fmm ehe
�ridbe_ [c is .mporcan[ ro cr.eaee an easy way forvisixors
tc a�cess mid��lo�k parking as chey appraach dcwntwm.
T�e image ca the 3eft shows the appmach - wich enhanced
lar:dscaping, a turn Lane, and dear signage eo dir a driere�s
co park.ing mid 6lQck.
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