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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 r - '„�`'"ti (' ��� "''��"� �y,,� ��,,� ,.. . ; � • -,✓ �.., �. t• ' � ..:,+sy; fil ,,�� � �� • . e�tl� ��� � . � ��'��. �. � \�) g ��.��..�� � ir � ; / �~ � �_ y ��� �r� Q � '�-- ��.` � .A• - � s ��� � �� i =_"�.t�,�,y '��„� ' • �2*� 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 � �n� . . e+..-:'+� � �'��.m � � � �.� m'i� .�.. �" �� _-- , _��..r` ' 3rdy�P:A F'n--;t 31xki[ � � , �; '�.Z.. � � ec.. �.:.'� � 31� T _� .� . Rgee� � i Sire. &e�eianx'ILraugh Hlock.52 and Wea� 8xidge Park >. „� �,�. 3?'' ♦ �' . �° � �� �y.�'`, / ��� �� � � ��� -3 T9,r� �"' } d.l � . '+A.. �V��� � N .F � 4-'� ....��+�� � � � � � � � � � `� � 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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