Request for Proposal to Purchase and Develop the Elmwood District Redevelopment Project Area Yorktown Redevelopment Agency To: Prospective Bidders From: Yorktown Redevelopment Agency Subject: Elmwood District Request for Proposals (RFP) Please be advised that the Yorktown Redevelopment Agency (YRA) has advised by the Elmwood District Council (EDC) that this RFP process is the final opportunity for the EDC to select a developer for the redevelopment project described in the RFP. Further, due to current conditions in Elmwood and previous failed attempts to find a competent developer capable of fulfilling the terms of the RFP, the State has advised YRA that the Selection Committee’s evaluation and selection process must proceed expeditiously. Accordingly, you will present your proposal to the Selection Committee followed by a discussion of your proposal. Prospective respondents are encouraged to submit their proposal as soon as possible so that initial evaluations can begin. 1 Request for Proposal to Purchase and Develop the Elmwood District Redevelopment Project Area Yorktown Redevelopment Agency I. Introduction The City of Yorktown seeks a developer who can respond to the goals contained in this RFP and demonstrates a viable plan to design, finance and develop a sustainable, economically vibrant, distinctive district that balances the social, environmental and economic needs of the Elmwood Community. The Agency seeks a developer who can create a sustainable, economically vibrant, distinctive district that reflects the historical activities and services of the area; encourages cross-generational interactions; and takes maximum advantage of the surrounding commercial, educational, and cultural resources its prime access to mass transit. Primary Goals for Elmwood’s revitalization are: • • • • • • • • • • Remove blighting influences and mitigate contaminated soils; Generate tax revenues for the City; Create skilled/professional and entry-level employment opportunities for neighborhood and City residents; Attract retail businesses that serve the needs—both products and price points— of neighborhood residents; Create housing to meet the needs of mixed-income groups; Create affordable housing for moderately low-income families, senior citizens, and residents who provide the following services to the community: police, firefighters, and teachers; Create or preserve public and private amenities that enhance retired/longtime residents’ ability to age in place; Preserve legally designated historic sites; Create an environmentally sustainable development employing state-of-the-art energy efficiency and stormwater management techniques; and Provide an adequate amount of parking in light of proximity to existing transit. The Redevelopment Plan for the Elmwood District permits: • New construction of office, retail and residential buildings; • Rehabilitation of existing buildings; • New community and recreational facilities. Sustainable Development Yorktown is an older city established before the dominance of the automobile. Many of its neighborhoods were living examples of sustainable development-- compact, walkable, cross-generational communities, providing a range of housing types and price point options, robust neighborhood-serving retail and professional services, local employment opportunities, sites for civic and social congregation, and access to Yorktown’s excellent public transit infrastructure. Developers should employ state-of-the-art stormwater management techniques. Redevelopment should reflect and retain these attributes and values, balancing social, environmental, and economic criteria. 2 Green Building Standards: At this time, Yorktown City Council is reevaluating the green building benchmarks that will be required or given privileged status. Green elements should be incorporated where possible. Proposals The winning proposal will accomplish the greatest number of these goals while demonstrating to the City Council that the proposal is grounded in market demand and able to attract the capital required to build the project. • • • • Proposals must be for the entire 5.5 block site. Each existing building that is identified must be either rehabilitated or demolished. Land uses must be specified for each vacant lot. The Selection Committee will review the proposals and make a recommendation to theYorktown City Council which will select the developer. The resource book provides all due diligence information and data required to respond to this RFP. 3 II. The Development Opportunity A. Location The redevelopment site is within the Elmwood District, at the northwestern edge of downtown Yorktown (see Site Plan). B. The Elmwood District and Surrounding Area (See Site Plan) • The Elmwood District redevelopment site is an approximately 5.5-block area (11.75 acres) within a 15-minute walk to the Yorktown central business district, which is to the east. • The site is bordered immediately on the north by residential neighborhoods. Two- and three-story multifamily dwellings were converted into moderately priced condominiums and rental units. • One block farther north, above Washington Street, is a well-established, single-family residential area of more than 800 residences. Residents include: • Retirees on fixed incomes who have lived in the neighborhood for decades, • Many Yorktown University faculty families, and • Upper-middle-income couples and families who recently moved into the neighborhood to take advantage of value-priced single-family housing stock. • Grace Memorial Church, (entrance on Washington Street), provides a transition from both residential neighborhoods. • Five blocks to the northeast are the newest and most highly regarded magnet middle and high schools. • West and immediately adjacent are low-priced multifamily rental housing in three-and four-story apartment buildings. • Yorktown University is five blocks to the west of the site, offering Elmwood District residents and workers many cultural, educational, and recreational opportunities. Across Madison Street are threeand four-story partially occupied office buildings with limited ground-floor retail, including a medical supply store, check-cashing service, donut shop, and locally owned motorcycle supply store. • East of the site, at the intersection of Adams Street and 11th Avenue, is a newly rehabilitated 70,000square-foot, three-story YMCA with extensive sports and fitness facilities and programs for adults and children. • On 11th Avenue and Madison Street is a five-story State Employment Development Services office where City residents can apply for unemployment benefits and seek job counseling. C. Getting to Elmwood by Automobile and Mass Transit • The Elmwood District is centrally located and readily accessible. • Public transportation includes YART—the area’s rail and subway transit system—and numerous bus lines on Madison Street. Bike lanes on Madison extend through the central business district and Yorktown University neighborhood. The City is interested alternatives to personal vehicles such as bike and car share. • Madison Street is a primary east–west thoroughfare connecting the central business district (CBD) to Yorktown University. Traffic counts on Madison Street are 10 times greater than on Washington, Adams, and Jefferson Streets. • Ninth Avenue is the primary north–south thoroughfare, with traffic counts four times those of 8th and 10th Avenues. Before the Elmwood District’s decline, 9th Avenue was also a main city bus route. • Access to Interstate 66 is three blocks west of the site. Interstate 66 connects Elmwood to western sections of the City and the suburbs. D. What Types of Development/Uses Will the City Permit in the Elmwood District? 4 The redevelopment area is zoned for office, retail, and residential uses. E. The Elmwood District Today Existing development in the 5.5-block redevelopment site for the Elmwood District consists of six remaining buildings in disrepair, owned by the City of Yorktown: • The York Dry Goods Building, listed on the State and National Registers of Historic Places. Both the interior and exterior must be preserved. • The former Phoenix Hotel functions as a homeless shelter and is operated by the Grace Memorial Church. • Victorian Row buildings that do not meet current fire or building codes and may not be legally occupied. Twelve artists are illegally living and working in the buildings. Skateboarders have turned the foundation of the burned-down Franklin Preparatory Academy adjacent to Grace Memorial Church into a makeshift skate park. Property crimes such as arson and break-ins are an increasing problem for Elmwood’s residential neighborhoods bordering the site. F. City Funding Available for the Project The City will invest funds to meet the economic and social revitalization objectives of this RFP. Developers must demonstrate to City Council that such benefits exist and are compatible with the entire proposal. Subsidies are available for: 1. Construction costs 2. Leasing costs. Use Subsidy: City Contribution / Construction Costs Affordable / Workforce Housing 10% Public Open Space / Sports Fields / Courts / Skate Park 50% Community Facilities / Community Benefit: Developer Subsidizes 85% of Occupancy Costs City Pays 15% of MarketRate Occupancy Cost - Branch Library (7,500 SF) 15% - Community Art Space (2,500 SF) Providing classes and public studio space for painting, sculpting, and potting for residents and Elmwood workers - Community Meeting / Event Space (7,000 SF) May be used for civic meetings or rented by Elmwood residents for private functions - Computer / Digital Center (2,000 SF) - Daycare Center (3,500 SF) - Drug Treatment Center (1,500 SF) - Juvenile Offender Neighborhood Counseling Office (1,500 SF) - Police Substation (1,500 SF) - Senior Center (6,000 SF) - Teen Center (5,000 SF) - Yorktown Bike-Sharing Office (5,500 SF) 15% 15% 15% 15% 15% 15% 15% 15% 15% 15% The City is unable to subsidize any other community facilities. 5 The City of Yorktown expects to recover all investments in the project plus an additional $1.5 million through increased property and sales tax revenues within 10 years. G. Market Analysis: What Land Uses Does the Market Demand Support? The City commissioned a complete market analysis to determine viable uses for the site. The analysis concluded that demand exists for residential, office, and retail space within the Elmwood District redevelopment area. The City prefers that the development contain a mix of office, residential and retail uses, with a minimum of 10% open space and 10 % affordable housing. Factors to Consider in Devising the Plan • Higher density development will provide more people to support the retail space. • Higher density buildings will leave more site area for open space and other uses. • While a Q-Mart provides a significant number of jobs, the store and parking occupies almost an entire block of Elmwood, thereby limiting other development opportunities. • Q-Mart pays far more sales tax than a grocery store; grocery store means less tax revenue. Affordable housing pays less property tax than mid-rise office and luxury condos and its residents have fewer dollars to spend on retail purchases; however, it is desirable to have affordable housing for public service workers such as police, firefighters and teachers and to achieve a mixed-income community. • Rehabilitation of Victorian Row and The Phoenix Hotel helps retain the historic character of the area and does not require additional parking, however, it may limit other development options on those blocks. • Q-Mart is offering to provide a green roof on their proposed HE store; however, the roof area is not accessible to the public. • The Homeless Shelter provides a night-time option for Elmwood’s homeless population; however, the building is unsafe and inadequate to meet this group’s needs. Some do not consider a shelter compatible with a revitalized Elmwood. • • • • 1. Residential Young professionals seek proximity to downtown employment Empty nesters enjoy Yorktown’s cultural and civic activities. Yorktown University’s expanded graduate program has created new demand for housing for faculty and graduate students, particularly those with young families. Demand exists for rental apartments, townhouses, and luxury condominiums to house the area’s diverse population. There is a shortage of housing affordable to public service workers, particularly teachers, firefighters and police, as well as the elderly and retail and other hourly wage workers. 2. Office • Vacancy levels are very low in downtown Yorktown’s CBD. Elmwood is an attractive location close to the CBD but without the congestion of downtown, excellent access to mass transit, freeway onramps, and ample land available for parking. Elmwood is also close to the university. • Yorktown is home to many small nonprofit organizations that would be attracted by the lower office rents in Elmwood. 3. Retail • Elmwood lacks basic retail services. Residents of Elmwood must drive five miles to reach the nearest grocery store and shopping center. The grocery store and shopping center are not served by public transit so this is especially difficult for residents without cars. 6 a. Neighborhood Retail • Businesses that serve households in the neighborhood often include convenience food stores, dry cleaners, laundromats, mobile phone stores, pet grooming, bakeries, shoe repair, hair salon/barber shops, and deli/coffee shops, along with small, locally owned and moderately priced restaurants, bar/brewpubs, realtors, and other small local businesses. The Elmwood District could also support such uses as a small produce store, butcher shop, and fish market if a substantial number of new market-rate residences are built in the area. • The area can support one fine-dining, full-service restaurant in the next three years if new office space and new market-rate residential are built. • The demographics will not support national retailers such as the Gap, Macy’s, H&M, etc. b. Grocery with Drugstore • With new residential development, demand exists for one grocery/drugstore within the area in the next three years. However, attracting a qualified tenant operator to the Elmwood site will require a location that provides convenient access for shoppers from the three-mile radius. The use cannot be supported by Elmwood residents alone. c. Discount Department Store • Demand exists for a discount “big-box” department store within the market area. The nearest “big-box” store is a Target located 18 miles to the east. Q-Mart is extremely eager to penetrate this urban market and has communicated its interest in writing to the City Council. (See “Non-Neighborhood Letters.”) • 4. Historic Preservation • The community has affection for The Phoenix Hotel (now used as a homeless shelter) and the Victorian Row buildings, but they have not been designated historic by the EDC. • York Dry Goods was designated historic and must be preserved. These buildings will be costly to renovate although they contribute to the character of the community; their footprints are small compared to new construction. No parking is required for them although it will be required for new buildings. H. Price of Land to the Developer • • The City will offer the land at a reduced price of $7.5 million to a developer who will develop the site in a manner consistent with the in the RFP. The City expects to recover this investment, any other project subsidies it provides, plus an additional $1.5 million through increased property and sales tax revenues over a ten-year period. I. Developer’s Responsibility for Site Improvements The developer is solely responsible for construction of all improvements on the site, including underground utilities, street lighting, curbs, street trees, and sidewalks. J. Environmental Analysis: Toxic and Hazardous Materials Studies have revealed significant soil contamination from chemicals released from past uses and activities on the Victorian Row and Phoenix Hotel sites. 7 K. Neighborhood Issues and Outreach • The successful developer will clearly articulate the benefits its proposal provides to the neighborhood residents as well as to the entire City. • If the Developer proposes to eliminate the homeless shelter from the Elmwood District redevelopment area, which requires relocating the shelter elsewhere in the City, the developer must pay a fee of $750,000 to the City’s Homeless Shelter Construction Fund. L. Land Use and Urban Design Standards All proposals must meet the requirements of the redevelopment plan and shall reflect the development and urban design standards of the City of Yorktown (see “Design Guidelines”). III. Developer Selection Criteria The development team must present a site model, and be prepared to discuss with the Selection Committee how its proposal meets the City’s goals and objectives for the Elmwood District. This discussion should include some or all of the following: - A coherent vision for the entire project demonstrated through the details below; Which existing buildings will be renovated and which will be demolished; Uses for any renovated buildings; Location, size, and height of all proposed new buildings, structures, and amenities; Square footage or number of units of each type of use; How each proposed use responds to market demand; Compatibility and synergy among proposed uses and users; Specific target retail and office tenants; how such uses respond to market demand and resident and worker needs; Projected rate of return of the project and its ability to attract investors to build the project; Projected tax revenues over ten years to recoup the City’s investment plus $1.5 million; Number and type of jobs attracted to Elmwood; Responsiveness to the neighborhood groups’ social, economic, educational, and cultural concerns; A site plan model that displays the various uses and demonstrates compliance with design, open space, and parking requirements; and Any additional public benefit created by the proposed development. 8 City of Yorktown Development Standards and Design Guidelines I. General Design Guidelines A. Building height and architecture - appropriate to the design, height, bulk, and scale of surrounding land uses. B. Provide harmonious transitions with adjoining structures, including building mass (footprint and height). C. Maximize usable open space in relation to each residential building project context. At least 10% of the 5.5 block area should be developed with parks. D. Maximize views from residential buildings; maintain privacy from adjacent dwellings. E. Maximize walkability and access to mass transit. F. Integrate storm water management in an efficient, cost-effective way. Underground storm water management is very costly so aboveground techniques are permitted. G. Environmental considerations are important to the City, so green buildings should be achieved wherever possible. II. Uses A. New and existing office buildings should include a variety of tenants for both highly skilled professional positions as well as entry level jobs B. Residential buildings should include a mix of building types, affordable and market rate units, and rental as well as ownership opportunities. These units should meet the needs of young professionals, families and seniors. At least 10% of the residential should be affordable housing. C. Retail businesses should serve the needs of neighborhood residents as well as workers. D. Open space should be available to residents, workers and visitors to Elmwood. 9 III. Parking A. Off-street parking is required for all new uses. New parking is not required for existing buildings: York Dry Goods, Phoenix Hotel, and Victorian Row. B. All structured and surface parking must be accessible directly from the street , except as noted on “Neighborhood Retail” page in “New Buildings” section. C. Parking must be provided on the same block as its related use. D. Surface and above-ground parking structures are required for this site because adverse soil conditions preclude underground parking. E. Parking requirements for individual buildings are detailed in the Building Information Section IV. Height Limits (All Lego building shapes conform to height limit.) A. The maximum permitted height is ten stories. Any proposed new buildings should conform to the character of buildings in the area. B. Parking structures may not exceed five levels. 10 11 Low to negative Average Low to negative Average Average minus 17 units/yr NM* 30 units/yr 75 units/yr NM* NM* 1 in 3 years 17,500 SF/yr 1 in 3 years 79,500 SF/yr for all Low-Rise Office 69,000 SF/yr - Affordable* High-Rise/Luxury Condos Podium Apartment - Market - Affordable* New Homeless Shelter Grocery with Drugstore Neighborhood Retail Q-Mart Low-Rise Office #1A, 1B & 2 Mid-Rise Office Included in Low-Rise Office and Neighborhood Retail demand NM* - Rehab as office w/ retail - Rehab as 100% homeless shelter Phoenix Hotel - Rehab as 100% office Townhouse - Market Negative Average minus Average minus High High Average Very low to negative None Average Average High plus High Very High Average Low None None Low High None Low 10 Year $ Value to City No No No No No No No No No 10% of cost No No 10% of cost No Eligible for City Funds? None See office and retail figures Same Same 1 per 350 SF of office space 400 entry level 1 per 300 SF of retail space 200 entry level None None None None None None # of Jobs Created High Low to moderate Low to moderate Low to moderate Low to moderate Low to moderate Low to moderate Low to moderate High Moderate Moderate Moderate Moderate Moderate Demand on City Services Neighborhood Probable Support** Neighborhood Probable Objection** Included in Low-Rise Office demand Average Market Demand Use High Developer Profit Potential Land Use Comparison Chart and Checklist 12 NM* - Rehab as 100% See Phoenix Hotel Victorian Row Building Included in Low-Rise Office and Neighborhood Retail demand NM* - Rehab as office w/ retail and classrooms and/or artist studios Open Space NM* NM* - Sports Fields and Courts* - Skate Park* - Parks and Plazas* See Phoenix Hotel Negative Negative Negative Low minus Average minus Average minus Low/None Negative Average minus Average minus Negative Negative Negative Low plus Average Average Low/None Negative Average Average 10 Year $ Value to City 50% of cost 50% of cost 50% of cost No No No 15% of lease/ occupancy cost 15% of lease/ occupancy cost No No Eligible for City Funds? None None None Varies w/ mix of uses See Office/Retail See Office Varies w/ mix of uses 1 per 700 SF of community facility space See Office and Retail figures See Office # of Jobs Created High High High Low to moderate varies w/mix Low to moderate Low to moderate Moderate to high Moderate to high Low to moderate Low to moderate Demand on City Services Neighborhood Probable Support** Neighborhood Probable Objection** - Rehab as office w/retail - Rehab as 100% office Included in Low-Rise Office and Neighborhood Retail demand w/NM - Rehab as office w/ retail and community facilities (NM*) Community Facilities* Included in Low-Rise Office and Neighborhood Retail demand See Phoenix Hotel York Dry Goods Building - Rehab as 100% Office - Rehab as Office w/Retail Market Demand Use Developer Profit Potential Land Use Comparison Chart and Checklist (continued) 13 Roles DIRECTOROFGOVERNMENTRELATIONS ResponsibilitiesoftheDirectorofGovernmentRelations • KnowthespecificobjectivesandconcernsstatedintheRFP • UnderstandwhattheCityistryingtoaccomplishthroughtheseobjectives. • FocusontheCity’svalues,goals,andpriorities • RecognizethattheCityCouncilisunderbothfinancialandpoliticalpressures,understandthe trade-offsinherentinthisprocessandneedsofvariousconstituencies. • FinancialPressures-Taxrevenuestopayfortheservicesandtocreatetheamenitiesand publicfacilitiesthatmakeacommunitymoredesirable. • ThisiswhytheCityisallocatingpublicfundstorevitalizetheElmwoodDistrictandwhy itmustrecoverthosefundsplus$1.5millionfromtheprojectoverthenexttenyears. (See“AboutUrbanPlan”:UnderstandingYourInvestors—PublicSectorInvestment Objectives.) • PoliticalPressures-Councilmustberesponsivetothevoters(includingmembersofthe neighborhoodgroups). • Readtheinformationinthe“RFP,”“Non-NeighborhoodLetters,”and“Presentation”sections. • CollaboratetoCreateaPlan-compromiseamongcompetinggoals: • DirectorofSitePlanningandUrbanDesign-Whatusescontributetotheenvironments theCityseeksorwantstoavoid?Howdospecificusesgenerateactivitiesorbehaviors thatadvanceorimpedetheCity’sgoals:retailshops,offices,homelessshelter,parks? WhereshouldweplaceusestomaximizetheirbenefitstotheCity? • DirectorofCommunityEngagement-Wheredoeachneighborhoodgroup’sissuesalign withordeviatefromtheCity’sgoalsandobjectives? • DirectorofMarketAnalysis-DosomeoftheCity’sobjectivesmakesellingorleasing office,retail,andresidentialspacemoredifficultfortheDirectorofMarketiAnalysis? Dosomehelpsalesandleasing?DospecificusesortenanttypesadvancetheCity’s objectives?Doanyimpedetheseobjectives? • DirectorofFinancialAnalysis-WhatusesdeliverhightaxrevenuestotheCity?Doany oftheseusesproducelowornegativeprofittothedeveloper?Whatusesormixofuses canthedeveloperafford?PushyourFinancialAnalysttotestbold,multiplescenarios. Resources–RFP,Non-NeighborhoodLetters,ExistingBuildingsandNewBuildings:Buildingfact sheets,ProjectChecklists:LandUseComparisonChart • 14 DIRECTOROFFINANCIALANALYSIS ResponsibilitiesoftheDirectorofFinancialAnalysis • Planmustbeprofitableenoughtoattracttheinvestorcapitalrequiredtobuildthehigh-risk projectandgeneratesufficienttaxrevenuestopaybacktheCity’scontributions. • Planmustbeprofitableenoughtoachieveapercentageofreturnoninvestmentwhile minimizingrisk. • Assisttheteamwiththerelationshipbetweenriskandinvestorexpectations,thepotential profittothedeveloperofeachlanduse,thefinancialimpactofnonmarketuses,andtheimpact ofmarketandnonmarketusesonCitytaxrevenues. • TheDirectorofFinancialAnalysiswillworkwithaULIvolunteerwhowillinputtheteam’sland usechoicesintotheFinancialAnalysisModel.Theprogramwillcalculatetheprojectedrateof returnandCitytaxrevenues. • InvestorsandRisk-Investorsestablishtargetratesofreturnfortheirmoneybasedonthe degreeofriskassociatedwitheachinvestment.(See“AboutUrbanPlan”:AboutRiskandDue Diligence,UnderstandingYourInvestors,andMeetingFinancialGoals.)Forthelarge,complex, mixed-useinfillprojectintheElmwoodDistrict,investorswilldemandatleasta13.5percent returnoverthethreeyearsofyourprojecttoenticethemtoinvest.RereadUnderstandingYour InvestorsandMeetingFinancialGoalsinthe“AboutUrbanPlan”section. • MinimizingRisk-Identifyandminimizerisk.WorkwiththeDirectorofMarketAnalysistotrack marketdemandforeachproducttype. Density-Discoverwhichusesgeneratemostprofitandtaxrevenues.“Buildingup”andselecting theusesthataddthemosttenants—thatis,thehighestdensity—willgeneratehigherdeveloper returns. CityFunding-SomeCityfundsareavailabletothedeveloperforthedevelopmentofparks, openspace,somesocialservices,andcommunityfacilities.(Seethe“RFP”). • • • CollaboratetoCreateaPlan– • DirectorofSitePlanningandUrbanDesign-WhatusesarenecessarytobringourVision Statementtolife? • • Director of Government Relations-WhataretheCity’srevenueexpectations?Does theCitymandateanylanduses?Whatsubsidies,ifany,areavailable? DirectorofMarketAnalysis-Whatisthedemandforeachlanduse?Whatlanduses willenhancethemarketabilityoftheprojecttoprospectiveresidential,retail,andoffice tenants?Whatrisksareassociatedwithmaximizingorexceedingthemarketdemandfor anyproducttype? • DirectorofCommunityEngagement-Whatdoyouneedtoincorporateinourplanto adequatelyaddressthewantsandfearsofeachneighborhoodgroup? 15 • Resources–RFP,ExistingBuildingsandNewBuildings:Buildingfactsheets,ProjectChecklists: LandUseComparisonChart,FinancialModelInstructions 16 DIRECTOROFMARKETANALYSIS ResponsibilitiesoftheDirectorofMarketAnalysis • Analyzedatatoidentifydemandinthemarketplaceforhousing,office,andretailspace. • Leaseorsellalltheresidential,office,andretailspaceinyourproject. • Thebuyersorrenterswhoarewillingandabletopayforaparticularuse,suchashousingor officeorretailspace,ataspecifiedpricecreatemarketdemand.Demandindicatesthata communityisgrowing.Demandisusuallyexpressedintermsof“squarefeetofofficespace peryear”or“unitsofhousingperyear.” • Demandforproductsdependsonthegrowthrateanddemographicsintheareaandthe priceoftheproduct.Thedemographicsofacommunitymaybeabletofinanciallysustaina retailstoresellinglow-ormoderatelypricedgoods,butnotonesellingluxuryorhigh-priced goods. • Higherdemand=quickerabsorption(soldoroccupied).Findthemarketdemandforeach typeoflanduseintheElmwoodDistrictinMarketAnalysisinthe“RFP”section. • VisionStatement-guidesdecisionsaboutthebestmixoftheselanduses—theonesthat willcreatetheenvironmentandactivitiesyourteamenvisions. • ThelandusesyouselectfortheElmwoodDistrictshouldbecomplementary. • Gatherandanalyzethefactsaboutauseandthendetermineifplacingitanywhereinyour projectwillmakeattractingoffice,retail,andresidentialtenantseasierormoredifficult. • CollaboratetoCreateaPlan-accommodatetheCity’sobjectives,financialreturns,and regulatoryanddesignconsiderationsaswellasneighborhoodgroupissues. • DirectorofSitePlanningandUrbanDesign-Howdoeseachlandusegenerateactivities orbehaviorsthatadvanceorimpedeourVisionStatement:retailshops,offices, homelessshelter,parks?Whereshouldweplaceusestomaximizetheirbenefitsto residents,workers,andvisitors? • DirectorofCommunityEngagement-Identifyeachneighborhoodgroup’sspecific desiresandfears.Howdotheserelatetoeachofourlandusechoicesandtheactivities orenvironmentstheselandusescreate? • DirectorofGovernmentRelations-WhataretheCity’sprimarygoalsandobjectives? WhatopportunitiesdoestheCitywanttoseeinarevitalizedElmwood?DoestheCity mandateorprohibitanylanduses?DoestheCityofferincentivestotheDeveloperfor specificusesortenants? • DirectorofFinancialAnalysis-Whatlandusesproducethehighestreturntothe developer?WhichgeneratethehighesttaxrevenuesfortheCity?WhatdotheFinancial AnalysisModelworksheetstellusaboutdeveloperreturn,Citytaxrevenues,and 17 absorptionofeachlanduse?Whatmixofusescanthedeveloperafford?Workwith yourDirectorofFinancialAnalysistotestbold,multiplescenarios. • Resources-AboutUrbanPlan:AboutRiskandDueDiligence,CreatingandEffective DevelopmentTeam,DevelopingYourIdeasforElmwood,RFP,ExistingBuildingsandNew Buildings:Buildingfactsheets,ProjectChecklists:LandUseComparisonChart 18 DIRECTOROFCOMMUNITYENGAGEMENT ResponsibilitiesoftheDirectorofCommunityEngagement • Helpteamcreateadevelopmentplanthatwillgainthesupportofthesurrounding neighborhood.Althoughtheneighborhoodgroupsmaynotrepresenttheviewsofeveryone wholivesintheElmwoodneighborhood,theydorepresentthemostvocalandpolitically activeelements. • Analyzethewantsandfearsofeachgroup,assessitsrelativepower,andrecommendthe mostappropriatewaytoincorporateeachgroup’sviewsintothedevelopmentplan. • Doesthegrouparticulateaparticular“vision”forthelookandfeelofthenew Elmwood?DoesthegroupwantthenewElmwoodtoenablespecificopportunities, activities,orbehaviors? • Hasthegrouparticulatedspecificlanduses?Ifso,why?Whatbenefitsdothey anticipatefromtheseuses? • • Doesthegroupobjecttoanyenvironments,activities,orbehaviors?Ifso,whatarethey andwhy? Doesthegroupobjecttoanyspecificlanduses? • Whatattributesofthegroupthatmakeitpowerfulorinfluential. • Doesthegroupthreatentotakecertainactionsifparticularissuesarenotaddressed? • • CollaboratetoCreateaPlan • DirectorofSitePlanningandUrbanDesign-Whatuseswillcreatetheenvironmentsyou wanttocreateoravoid?Whatbehaviorsareenabledbyeachuse,e.g.,retailshops, offices,homelessshelter,andparks?Wheredoyouplaceusestomaximizetheirbenefits andminimizeanydrawbacks? • DirectorofGovernmentRelations-WhichissuesalignwithorsupporttheCity’sgoals andobjectives?Whichdonot? • DirectorofMarketAnalysis-Whichusesoractivitieswillmakesellingorleasingoffice, retail,andresidentialspacemoredifficultfortheDirectorofMarketAnalysis?What usesoractivitieswillenhancesalesandleasing? • DirectorofFinancialAnalysis-Whatusesormixofusescanthedeveloperafford? WhataboutCitytaxrevenues?PushyourFinancialAnalysttotestmultiplescenarios. Resources–RFP,ExistingBuildingsandNewBuildings:Buildingfactsheets,Neighborhood Letters,ProjectChecklists:LandUseComparisonChart,AboutUrbanPlan:Analyzingthe Information,CreatinganEffectiveDevelopmentTeam,DevelopingYourIdeasforElmwood 19 DIRECTOROFSITEPLANNINGANDURBANDESIGN ResponsibilitiesoftheDirectorofSitePlanningandUrbanDesign • AgreeonanoverallvisionforElmwoodoratleast3or4goalsyouwishtoachievewithyour siteplan.Testyoursiteplan. • Howdoesyoursiteplanmeetyourgoals? Doesyoursiteplanhaveamixoflandusesthatwillcreateaviablecommunitythatisattractivetoa varietyofresidentsofarangeofincomes? • Doesyoursiteplanrecognizepotentialimpactsonadjacentuses?Isitcompatible? HowdoesyoursiteplanbenefittheCity?Stakeholdergroups? • Howhaveyouusedornotusedthehistoricbuildingstoachieveyoursiteplangoals? • Visualizetheexperienceofeveryonewhowilllive,work,andplayinyourElmwoodDistrict project. • BuildingForms-Buildingsshouldbecompatiblewiththesurroundingneighborhood. • LandUseActivitiesandBehaviors-Eachtypeofbuildinganditsusersgeneratecertainactivities andbehaviors.Howwilltheyrelatetoeachother?Conflict? • Regulations-CityZoningandDesignCriteria-EnsurethattheplanconformstotheCity’szoning ordinancesanddesigncriteria.SeetheRFPandDesignGuidelinestoensurecompliance. • Building the Plan – consider eachtimeofdayanddayoftheweek.Whoarethepeopleonthe street? Doesyoursiteplanaddressstormwatermanagementconcerns?How? Doyouhaveatleast10%openspace?Howisitused?Whodoesitserve(residents,workers, visitors)? • Doesyoursiteplanexemplifyexcellentarchitectureandurbandesign,asdefinedbyyour team?Whaturbandesignfeatureshaveyouincorporatedintoyoursiteplan? • CollaboratetoCreateaPlan • Director of Government Relations - DoestheCityhaveaspecificvisionfortheproject? Doesitmandateorprohibitanyspecificuses?DoestheCitywanttoencourageor inhibitanyspecificactivitiesorbehaviors?Whatabouttheproposalsfromthenonneighborhoodentities? • DirectorofFinancialAnalysis-Whatmustyouincludetobeprofitable?Whatuses generatetaxrevenuesfortheCity?Whatusesormixofusescanthedeveloperafford? PushyourDirectorofFinancialAnalysistotestmultiplescenarios. • • 20 • • DirectorofMarketAnalysis-WhichusesoractivitieswillmakeitharderfortheDirectorof MarketAnalysistosellorleaseoffice,retail,andresidentialspaceintheproject?What usesoractivitieswillhelpsalesandleasing?Whatusesoractivitieswillensurethatthe variouslandusescomplementoneanotherandmeettheneedsofthefutureresidents andemployers. • DirectorofCommunityEngagement-Whatspecificactivitiesorbehaviorsdoeseach groupwantorfear?Doanyofthemwantspecificuses?Doanygroupsobjecttoaspecific use? Resources-AboutUrbanPlan:AnalyzingtheInformation;CreatinganEffectiveDevelopment Team,DevelopingYourIdeasforElmwood,RFP,SitePlan,ExistingBuildingsandNewBuildings: Buildingfactsheets,DesignGuidelines,ProjectChecklists:LandUseComparisonChart 21 MaterialstoassistinbuildingElmwood 1. SitePlan(81/2x11) 2. LandUseComparisonChartandChecklist(relativevalues,costs,jobs,coststoCityofdifferent buildings) 3. Posterwithimagesofpre-builtbuildingformswithtitles(includesparking)–tobecompleted 4. 3DgraphicofElmwoodcontext 5. ExistingBuildingSummaries:PhoenixHotel/HomelessShelter,YorkDryGoodsandVictorian Row 6. NewBuildingSummaries:Office,Retail,Residential,HomelessShelter 7. BuildingToolSheets 22 BUILDINGINFORMATION:OVERVIEWNOTES OFFICE BUILDINGS New buildings typically offer more efficient and flexible space than rehabilitated old or historic buildings—the same amount of square footage can be used more productively. This is often very important to tenants who lease large amounts of space. Additionally, large “open floor plates”—the amount of space per floor unencumbered by columns or structural walls—allow firms to consolidate all their functions and staff on one floor instead of on multiple floors. OFFICE PARKING STRUCTURE Soil and water table conditions do not permit underground garages. Separate above-ground parking structures must be provided on same block as office building. Offices may not be built on top of these parking structures. (See Lego shapes.) Offices must be entered at street level. Parking structures must be accessible directly from street. They may not be accessed via alleys between buildings. AFFORDABLE HOUSING The City of Yorktown requires all affordable units to be integrated into market-rate buildings. Whatever percentage rate of affordable units the developer proposes for the housing category must be constant through all properties developed with the same type of housing. No housing block may be 100 percent affordable unless every housing unit in the entire project is affordable. Affordable and market rate units are identical in appearance. The distinction between affordable and market is determined by the team in the site plan and financial model (% affordable and market rate units). Affordable housing is subsidized by the City (see “RFP”) and the developer to provide housing for low- and moderate-income families and providers of essential city services providers: teachers, firefighters, and police officers. (See “Glossary” for definition of affordable housing.) 23 Phoenix Hotel – used as the Homeless Shelter BUILDING ICON City of Yorktown purchased the hotel in the late 1960’s for use as a homeless shelter, which is currently operated by Grace Memorial Church. Does not meet current building or fire codes. The city cannot afford to bring the hotel up to code as a shelter. Site was found to have significant soil contamination, making the cost of renovation extremely high. Shelter provides beds nightly on a first-come, first-served basis only. Beds become available each afternoon at 4 p.m. Occupants must vacate the rooms by 9 a.m. Grace Memorial Church will pay to rehabilitate the building and pay a $120,000 fee to the developer for the land. DESIGN AND SITE PLANNING Footprint: 20,000 SF Total square feet: 60,000 Height: 3 stories Parking: No additional parking required Parking Advisory: Some tenant prospects may consider the lack of parking a drawback. REUSE Although the community has affection for this building, it is not officially designated as historic and may be demolished. PERMITTED USES The developer may renovate the building as 100% low-rise office space; low-rise office with a maximum of 30% ground-floor neighborhood retail; or as 100% homeless shelter. If the developer does not retain a shelter either by renovating the Phoenix Hotel or by constructing a new shelter elsewhere on the site, the developer must pay a $750,000 fee to the City’s Homeless Shelter Building Fund. 24 York Dry Goods Building BUILDING ICON York Dry Goods Store (department store) defined the prime shopping area of Elmwood for more than 40 years. Listedon both the State and National Register of Historic Places It may not be demolished, and significant regulatory restrictions govern changes to the exterior and interior space. Restrictions limit the flexibility to reconfigure office and retail spaces to maximize the efficiency of the space and needs of some prospective tenants. The building is currently abandoned. DESIGN AND SITE PLANNING Footprint: 20,000 SF Total square feet: 48,000 Height: 4 stories Parking: No additional parking is required. Parking Advisory: Some tenant prospects may consider the lack of parking a drawback. REUSE If retail vitality were to return to 9th Avenue, the first floor could accommodate new retail with offices on the upper floors. Neighborhood groups have lobbied for the city to subsidize extensive community facilities in the building. However, this would pose substantial financial challenges to the City. PERMITTED USES The developer is permitted to renovate the building for any of the following: 100 percent low-rise office 100 percent community facilities (see RFP for City-supported uses) University classrooms Artist work-only studios A mix of some or all of the above uses with a maximum of 12,000 square feet (30 percent) groundfloor retail 25 Victorian Row BUILDING ICON None of the four Victorian Row buildings , date from the Victorian period. Both the former Odd Fellows Hall and Masonic Hall buildings have large meeting rooms downstairs and single-room residences upstairs. None of the buildings meet current fire or building codes, and recently the site was found to have significant soil contamination, making the cost of renovation extremely high. Twelve artists are “squatters”—illegally living and working in the building, attracting other squatters as well. The City is concerned about its liability for any injuries incurred and the potential fire hazard caused by these squatters’ activities. DESIGN AND SITE PLANNING Footprint: 4 3-story buildings with a total footprint of 40,000 SF (includes parking alleys): - Midland Bank 1: 15,250 SF - Midland Bank 2: 12,000 SF - Odd Fellows Hall: 10,750 SF - Masonic Hall: 22,000 SF Buildings: Developer must renovate or demolish buildings as a group. Parking: No additional parking is required by the City of Yorktown. Parking advisory: Some tenant prospects may consider the lack of parking a drawback. REUSE Although the neighborhood has protected these buildings over the years, they continue to deteriorate, do not have historic status and may be demolished. The developer has several options for renovation: 100 % low-rise office space, a mix of low-rise office and neighborhood retail space (with retail not to exceed 30% of the space), or a mix of university classroom and/or artist work-only studio with either or both office and retail. 26 Low-Rise Office #1A PARKING ICON BUILDING ICON ICON Each Low-Rise Office #1A building icon represents one 60,000-square-foot building. Parking structure icon equals 120 spaces. Note: These Lego shapes represe nt the Use Office space for most types of small and moderate-sized businesses or professions that require office space— for example, accounting, law, computer consulting, business consulting, software design, architecture, engineering, medicine, insurance, real estate development, advertising agencies, advertising agencies, and nonprofit organizations. MARKET Demand Forecast: 79,500 square feet per year for all low-rise buildings FINANCE Potential profit margin to developer: High CITY Projected ten-year financial return to City: High Public funds required: None Demands on City services: Low to moderate Jobs: One skilled job/350 square feet DESIGN AND SITE PLANNING Footprint: 15,000 square feet Total Square Feet: 60,000 Height: Four stories Parking: Two spaces per 1,000 square feet of office space; 120 spaces per 60,000-square-foot building 27 Low-Rise Office #1B PARKING ICON BUILDING ICON ICON Each Low-Rise Office #1B building icon represents one 60,000-square-foot building. Parking icon equals 120 spaces. Note: These Lego shapes represent the two separate required buildings: office building and parking structure. Use Office space for most types of small and moderate-sized businesses or professions that require office space— for example, accounting, law, computer consulting, software design, architecture, engineering, medicine, insurance, real estate development, advertising agencies, and nonprofit organizations. MARKET Total annual demand forecast: 79,500 square feet for all low-rise buildings FINANCE Potential profit margin to developer: High CITY Projected ten-year financial return to City: High Public funds required: None Demands on City services: Low to moderate Jobs: One skilled job/350 square feet DESIGN AND SITE PLANNING Footprint: 15,000 square feet TOTAL SQUARE FEET: 60,000 Height: Four stories Parking: Two spaces per 1,000 square feet of office space; 120 spaces per 60,000-square-foot building 28 Low-Rise Office #2 PARKING ICON BUILDING ICON ICON Each Low-Rise Office #2 building icon represents one 80,000-square-foot building. Each parking structure icon represents 160 spaces. Note: These Lego shapes represent the two separate required buildings: office building and parking .structure. Use Office space for most types of small and moderate-sized businesses or professions that require office space— for example, accounting, law, computer consulting, business consulting, software design, architecture, engineering, medicine, insurance, real estate development, advertising agencies, and nonprofit organizations. MARKET Total annual demand forecast: 79,500 square feet for all low-rise buildings FINANCE Potential profit margin to developer: High CITY Projected ten-year financial return to City: High Public funds required: None Demands on City services: Low Jobs: One skilled job/350 square feet DESIGN AND SITE PLANNING Footprint: 20,000 square feet Total square feet: 80,000 Height: Four stories Parking: Two spaces per 1,000 square feet of office space; 160 spaces per 80,000-square-foot building. . 29 Mid-Rise Office ICON Each Mid-Rise Office building icon represents one 120,000-squarefoot building. Parking icon equals 240 spaces. PARKING ICON Note: The Lego shapes represent the two separate required buildings: office building and parking BUILDING ICON Use Office space for many types of businesses or professions—for example, accounting, law, business consulting, engineering, insurance, real estate development and real estate services, advertising, public relations, computer consulting, software design, and architecture. Some of these firms want a more prestigious building and location than low-rise office tenants do. The firms seek a high-visibility location, very close to mass transit and freeway access. Proximity to restaurants, fitness facilities, and business services also influences these tenants. Convenience Retail Building includes 5,000 square feet of retail on ground floor accommodating two to four small shops serving office workers. Possibilities include a coffee bar, small copy shop, newsstand, ATM, etc. This retail is in addition to and not included in the Neighborhood Retail demand of 17,500 square feet per year. MARKET Total annual demand forecast: 69,000 square feet for mid-rise office space FINANCE Potential profit margin to developer: High CITY Projected ten-year financial return to City: High plus Public funds required: None Demands on City services: Low to moderate Jobs: One skilled job/350 square feet DESIGN AND SITE PLANNING Footprint: 15,000 square feet Total square feet: 120,000 Height: Eight stories Parking: Two spaces per 1,000 square feet of office space; 240 spaces per 120,000-square-foot parking structure 30 Neighborhood Retail INITIAL RETAIL BUILDING MUST BE 10,000 SF AND DEVELOPER MAY ADD TO IT IN 5,000 SF INCREMENTS. BUILDING ICON 10,000 SF PARKING (30 SPACES) CORRESPONDING FLAT PARKING PIECE MUST BE ADDED AS WELL. ICON Each Neighborhood Retail building icon represents one 10,000square-foot building, which will accommodate four to six different stores. The parking icons represent the 30 surface-parking spaces required. Use Small shops that serve households and workers within the immediate neighborhood, generally those living within one mile. These shops could include a dry cleaner, barbershop/hair salon, coffee bar, deli, laundromat, optometrist, brewpub, realtor, day spa, convenience store, pet grooming, and other small local businesses. Specific retail tenants targeted by the developer will be ones that can be financially successful based on the types/demographics of residents and workers in the neighborhood. (See Market Analysis in the “RFP” section for additional retail tenant detail.) MARKET Total annual demand forecast: 17,500 square feet FINANCE Potential profit margin to developer: Average CITY Projected ten-year financial return to City: Moderate Public funds required: None Demands on City services: Low to moderate Jobs: One entry-level job/300 square feet DESIGN AND SITE PLANNING Footprint: 10,000-square-foot minimum Total square feet: 10,000 minimum Building increment: Developer may add 5,000-square-foot increments to original structure (one Lego square— see “Building Tools”). Height: One story Store units: Four to six store units per 10,000-square-foot building Parking: Three spaces per 1,000 square feet of retail. Surface parking required behind building or elsewhere on same block. If parking is placed directly behind retail building, parking may be accessed from street via alley between buildings. If parking for retail is placed anywhere else on the block, parking must be accessed directly from the street. 31 Parking increment: If building size is increased by 5,000 square feet, the developer must provide 15 additional parking spaces (one flat Lego square—see “Building Tools”). Note: See “Building Tools” for retail and parking “increment” icons. 32 Supermarket (Grocery with Drugstore) ICON AND 10,000 SF PARKING (30 SPACES) BUILDING ICON 5,000 SF PARKING (15 SPACES) Each Supermarket building icon represents one 40,000-square-foot building with 115 parking spaces included on the roof. The two parking icons represent the 45 surface-parking spaces required in addition to the parking on the building’s roof (drawing not to scale). Use National or regional chain grocery with pharmacy or drugstore similar to Safeway, Harris Teeter, or Giant, offering traditional supermarket products and prices. This 40,000-square-foot format is available for Elmwoodtype locations. The typical supermarket is open seven days per week; 7 a.m. to 11 p.m. would be typical hours for a location like Elmwood. Advisory This is a single-purpose building designed specifically for a supermarket. If the supermarket goes out of business because of new or better competition, finding a new tenant for the space may be difficult. This very large, empty building would represent blight to the neighborhood and a setback to the City’s economic objectives. MARKET Demand forecast: The number of households within a three-mile radius of Elmwood can support one such use in three years. FINANCE Potential profit margin to developer: Average CITY Projected ten-year financial return to City: Low, because food sales generate little sales tax Public funds required: None Demands on City services: Low to moderate Jobs: One entry-level job/200 square feet DESIGN AND SITE PLANNING Footprint: 40,000 square feet Total square feet: 40,000 Height: One story Parking: Developer must provide four spaces per 1,000 square feet of grocery. Total of 160 spaces required. The building’s roof accommodates 115 spaces. An additional 45 surface spaces must be provided on same block as the grocery store. 33 Parking advisories: Cars must access roof parking via a ramp from street level. Surface parking must be accessible directly from street and not via alleyways between buildings. 34 Q-Mart ICON Each Q-Mart building icon represents one 80,000-square-foot building plus the 240 parking spaces at the base of the building. The parking structure icon represents the additional 160 spaces required. BUILDING ICON PARKING ICON Use International discount retail chain similar to Target and Wal-Mart offering an extensive range of goods and services including groceries, pharmacy or drugstore, financial services, home goods, electronics, clothing, and related discount merchandise. These uses are open seven days per week; 8 a.m. to midnight would be a typical minimum hours of operation for a location like the Elmwood District. Note Q-Mart has proposed Elmwood as a site for one of its experimental “HE” (High Efficiency) stores. Q-Mart has also agreed to absorb the entire $2,500,000 cost of an 80,000square-foot green roof. The store will have a large organic produce section and participate in the corporation’s Local Sourcing Initiative. (See Q-Mart letter to the City Council in the “Non-Neighborhood Letters” section for complete details.) Advisory No competitors to Q-Mart currently exist in this area. Although unlikely, if a more competitive store opens nearby and causes Q-Mart to fail, finding a new tenant for this massive single-purpose space will be difficult, creating visual blight in the neighborhood and a major setback to Yorktown’s economic objectives. MARKET Demand forecast: The population within a 12-mile radius of Elmwood can support one such use in three years. FINANCE Potential profit margin to developer: Low plus CITY Projected ten-year financial return to City: Very high Public funds required: None Demands on City services: Low to moderate Jobs: One entry-level job per 200 square feet DESIGN AND SITE PLANNING Footprint: 80,000 square feet Total square feet: 80,000 Parking at base of building is not included in this calculation. 35 Height: Two stories Parking: Developer must provide five spaces per 1,000 square feet, totaling 400 spaces per 80,000 square feet building; 240 spaces provided at ground level at base of building. Additional 160 spaces required in parking structure on same block as Q-Mart. Parking advisory: Parking structures must be accessible directly from street. Parking may not be accessed via alleys between buildings. 36 Townhouses (Market Rate and Affordable) ICON BUILDING ICON Each Townhouse building icon represents six residential units over one level of parking on a 10,000-squarefoot footprint Use Market-Rate Units A single-family attached residence in a row of six such units. Each unit has its own front and rear access to the outside. The townhouses are popular with empty nesters and upper-income families who wish to live close to their jobs and the civic, cultural, educational, and entertainment opportunities of the city. MARKET Market rate: 17 units per year Affordable: Subsidized, nonmarket use Qualified users exceed 100 units/year. FINANCE Potential profit margin to developer: Low—varies with market rate/affordable ratio Market rate: Average Affordable: Low to negative CITY MARKET RATE Projected ten-year financial return to City: Low Public funds required: None Demands on City services: Low/moderate Jobs: None AFFORDABLE Projected ten-year financial return to City: None Public funds required: 10 percent of construction costs Demands on City services: Moderate Jobs: None DESIGN AND SITE PLANNING Footprint: 10,000 square feet Units: Six per building Height: Three stories including parking Parking: 2 spaces per unit (12 spaces per building). Parking in street-accessed garages on the bottom level of each building. 37 Podium Apartments (Market Rate and Affordable) ICON Each Podium Apartment building icon represents 20 residential units over one level of parking on a 10,000-squarefoot footprint. BUILDING ICON Use Market-Rate Units Moderately priced market-rate rental apartments, primarily one, two, and three bedrooms. Attractive primarily to empty nesters, young workers and professionals, and small families who wish to live close to their jobs and the civic, cultural, educational, and entertainment opportunities of the city. MARKET Market rate: 75 units per year Affordable: Subsidized, nonmarket use. Unlimited number of qualified users. FINANCE Potential profit margin to developer: Varies with market rate/affordable ratio Market rate: Average Affordable: Low to negative CITY MARKET RATE Projected ten-year financial return to City: Low Public funds required: None Demands on City services: Moderate Jobs: None AFFORDABLE Projected ten-year financial return to city: None Public funds required: 10 percent of construction costs Demands on City services: Moderate/high Jobs: None DESIGN AND SITE PLANNING Footprint: 10,000 square feet Units: 20 per building Height: Five stories (four residential over one parking) Parking: 1.5 spaces per unit (30 spaces per building). Parking is provided in street-accessed garages on the bottom level of each building. 38 Luxury Condominium ICON Each Luxury Condominium building icon represents 48 residential units built over two levels of parking on a 20,000square-foot footprint. BUILDING ICON Use Luxury condominium apartment building for high-income empty nesters, professional individuals, and families of all ages who wish to live close to their jobs and the civic, cultural, educational, and entertainment opportunities of the city. The building provides many private amenities for residents, such as a fitness room and tennis court. Each occupant owns the unit in which he or she resides. MARKET Demand forecast: 30 units per year FINANCE Potential profit margin to developer: High CITY Projected ten-year financial return to City: High Public funds required: None Demands on City services: Moderate Jobs: None DESIGN AND SITE PLANNING Footprint: 20,000 square feet (10,000-square-foot footprint of residential units built over 20,000-square-foot footprint of structured parking—see Icons below and “Building Tools”) Units: 48 per building Height: Ten stories (eight residential over two parking) Parking: 2 spaces per condominium (96 spaces per 20,000-square-foot footprint). Parking is provided in two stories of above-ground structured parking at the bottom level of each building. ADVISORY Primary building entry must face streets or public parks and plazas. Roof of parking structure will be landscaped with green space, tennis court, or swimming pool for private use of condominium owners. 39 Homeless Shelter GRACE MEMORIAL CHURCH WILL PROVIDE NEW DESIGN BUILDING ICON ICON Homeless Shelter icon represents nightly accommodations for 120 home-less individuals, plus social service facilities on a 20,000square-foot footprint (yellow Lego blocks). Use This is an attractively designed, modern shelter that can accommodate 120 homeless individuals each night. The shelter only provides beds nightly on a first-come, first-served basis. Rooms become available at 4 p.m. Occupants must vacate the rooms by 9 a.m. each morning. ThegroundlevelofthenewshelterproposedbyGraceMemorialChurchincludessocialservicefacilities includingcounseling,meetingrooms,andacommunitykitchen.GraceMemorialChurchwill payfortheconstructionofthebuildingandpaya$120,000feetothedeveloperifthedeveloper donatestheland. MARKET Demand forecast: This is a subsidized, nonmarket use, and desire for beds is unlimited. FINANCE Potential profit margin to developer: Very low—Grace Memorial Church will pay $120,000 fee to developer CITY Projected ten-year financial return to City: None Public funds required: None Demands on City services: High Jobs: Minimal community jobs DESIGN AND SITE PLANNING Footprint: 20,000 square feet Total square feet: 60,000 Height: Three stories (because of high ceilings on first floor, building is same height as four-story buildings) Parking: No additional parking required NOTE The developer may build the new shelter on any block in the redevelopment site. If the developer does not provide a homeless shelter within the site, either by renovating the Phoenix Hotel or by constructing a new building elsewhere, the developer must pay $750,000 to the City’s Homeless Shelter Building Fund 40
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