BB&T Center, Broward County, FL June 5 - 10, 2016 About the - - PowerPoint PPT Presentation

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BB&T Center, Broward County, FL June 5 - 10, 2016 About the - - PowerPoint PPT Presentation

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BB&T Center, Broward County, FL June 5 - 10, 2016 About the Urban Land Institute The mission of the Urban Land Institute is to provide leadership in the responsible use of land and in creating and sustaining BB&T Center Broward

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BB&T Center, Broward County, FL June 5 - 10, 2016

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BB&T Center · Broward County, FL

June 5-10, 2016

About the Urban Land Institute

  • The mission of the Urban Land Institute is to provide leadership

in the responsible use of land and in creating and sustaining thriving communities worldwide.

  • ULI is a membership organization with over 38,000 members,

worldwide representing the spectrum of real estate development, land use planning and financial disciplines, working in private enterprise and public service.

  • What the Urban Land Institute does:

– Conducts Research – Provides a forum for sharing of best practices – Writes, edits and publishes books and magazines – Organizes and conducts meetings – Directs outreach programs – Conducts Advisory Services Panels

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BB&T Center · Broward County, FL

June 5-10, 2016

  • Since 1947
  • 15 - 20 panels a year on a variety of land use

subjects

  • Provides independent, objective candid advice
  • n important land use and real estate issues
  • Process
  • Review background materials
  • Receive a sponsor presentation & tour
  • Conduct stakeholder interviews
  • Consider data, frame issues and write

recommendations

  • Make presentation
  • Produce a final report

The Advisory Services Program

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BB&T Center · Broward County, FL

June 5-10, 2016

Thank You to Our Sponsors

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BB&T Center · Broward County, FL

June 5-10, 2016

Panelists

  • Richard Gollis, Panel Chair – The Concord Group

LLC; Newport Beach, CA

  • Pat Hawley, R.A. Smith National, Inc.; Brookfield, WI
  • Matt Hopkins, Streetsense; Bethesda, MD
  • Donna Lewis, Former Mercer County NJ Planning

Department; Fernandina Beach, FL

  • Rameez Munawar, Columbia Property Trust;

Washington DC

  • Amber Richane, CallisonRTKL; Los Angeles, CA
  • Dean Schwanke, ULI–The Urban Land Institute;

Washington DC

  • Rives Taylor, Gensler; Houston, TX
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BB&T Center · Broward County, FL

June 5-10, 2016

Panel Assignment

“Broward County seeks a comprehensive development vision for transforming the site into a dynamic destination that is complementary to the existing sports and entertainment facility, surrounding neighborhoods, businesses, and developments that are both planned and underway. Development of the site should generate positive economic returns to the cities and the County.”

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BB&T Center · Broward County, FL

June 5-10, 2016

Panel Assignment

Development and economic potential Short- and long-range development scenarios and challenges given current and projected market conditions Design and sustainability principles Potential approaches in an overall development concept Connectivity How to better connect the site and maximize its proximity to surrounding areas Implementation How to phase development and allow for flexibility to accommodate varying market demands

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BB&T Center · Broward County, FL

June 5-10, 2016

Methodology

  • General assignment and preliminary research
  • Public kick-off meeting
  • Briefing and Tour + Public Reception
  • 40+ Stakeholder Interviews
  • Panel Analysis and Deliberations
  • Report and Presentation Preparation
  • Presentation of the Panel’s Findings
  • Report Following
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BB&T Center · Broward County, FL

June 5-10, 2016

Outline

  • Introduction – Richard Gollis
  • Development Potential – Rameez Munawar
  • Sustainability and Site Scenarios – Rives Taylor, Amber Richane
  • Connectivity – Pat Hawley
  • Development Strategies – Matt Hopkins
  • Implementation – Donna Lewis, Dean Schwanke
  • Summary – Richard Gollis
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BB&T Center · Broward County, FL

June 5-10, 2016

5 Big Moves

1.0 Recognize the “District Beyond the Site” Planning to encompass broad area Identity for “Downtown West Broward” 2.0 Plan for long term flexibility across the entire site (2040+) Future-proof for Resilience Arena optionality post-2028 Gaming is imminent Office and Tech employment center needed 3.0 Capture immediate opportunities (2021-2028) Entertainment Mixed-Use (including Boutique Hotel and Housing) Plaza for Civic benefit Limit cross-competition in the market 4.0 Utilize all available tools to kick-start community and economic benefits Land value deferred in Public/Private Partnership Long term cash flow stream from tax base and participating ground lease (NOI share) 5.0 “Champion” the site “Downtown West Broward Leadership Council” Private Sector and Public Official Co-Chairs Manage the process Advocate for the District overall Focus on the site development

Strategy Implications

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BB&T Center · Broward County, FL

June 5-10, 2016

Regional Context

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BB&T Center · Broward County, FL

June 5-10, 2016

Study Area and District Context

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BB&T Center · Broward County, FL

June 5-10, 2016

Site Concept: Current….Opening 2021-2028

  • Entertainment Core
  • Civic Plaza
  • Boutique Hotel
  • Rental Apartments
  • Parking
  • Sports Fields with

Stormwater Storage

  • Edu-tainment

Wetland

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BB&T Center · Broward County, FL

June 5-10, 2016

Site Concept: Future…..to 2040

  • Arena in place
  • Family Entertainment

Hotel

  • Executive Hotel
  • Office Tech Campus
  • Additional Residential
  • Parking
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BB&T Center · Broward County, FL

June 5-10, 2016

Site Concept: Future Alternative… to 2040

  • Arena Redevelopment
  • Office Tech Campus
  • Additional Residential
  • Casino Resort
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BB&T Center · Broward County, FL

June 5-10, 2016

Development Potential

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BB&T Center · Broward County, FL

June 5-10, 2016

Demographic Profile

Year Sunrise Broward 2010 85,000 1,750,000 2016 93,000 1,895,000 2021 (Proj.) 99,000 2,015,000 Growth 1.2% 1.2%

Income Sunrise Broward Under $50K 50% 49% $50k - $75k 18% 17% $75 - $100k 12% 12% Over $100k 20% 22%

Age Sunrise Broward 25-34 16% 16% 35-54 38% 38% 55+ 46% 46%

Population Growth Household Income Head of Household Age Profile

Source: Claritas, American Fact Finder

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BB&T Center · Broward County, FL

June 5-10, 2016

Renter Profile

Income Total Households Sunrise Broward Under $50k 17,772 36% 44% $50 - $75k 6,282 27% 34% $75 - $100k 4,490 30% 28% $100- $150k 4,876 22% 20%

Size % of Total 1 Person 25% 2 Person 31% 3 Person 18% 4+ People 26% Age Sunrise Broward 25-34 33% 31% 35-44 25% 22% 45-54 16% 20% 55+ 26% 27%

Percentage of Renters of Total Household Household Size of Renters Age of Renters

Source: Claritas, American Fact Finder

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BB&T Center · Broward County, FL

June 5-10, 2016

Employment and Commute

Sunrise Broward Jobs 76,471 712,137 Employed Labor 38,694 736,828 Ratio 2:1 1:1

Distance % of Total Under 10 Miles 53% 10-24 Miles 31% 25+ Miles 16%

Sunrise Residents Location of Work Sunrise 14%

  • Ft. Lauderdale

13% Plantation 6%

Percentage of Renters of Total Household Commuters into Sunrise

Source: Center for Economic Studies, U.S. Census

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BB&T Center · Broward County, FL

June 5-10, 2016

Office

Strength: Vacancy 10-12%, rent growth steady, pending pre-leasing activity; core existing international and regional firm presences; emerging technology sector Weaknesses: Lack of leasing velocity or market depth to justify speculative construction at large scale; rent levels support conventional surface-parked suburban space

Source: Claritas

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BB&T Center · Broward County, FL

June 5-10, 2016

Retail

Strength: International tourist magnet at Sawgrass Mills drives retail performance. Expansion of Mills, and new development at Metropica add to destination environment. Weaknesses: American Dream Mall presents significant regional competition (although “theme park” focused)

Source: Claritas

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BB&T Center · Broward County, FL

June 5-10, 2016

Rental Apartments

Strength: Vacancy declining, rent growth steady and positive, market has yet to tap into millennial demand with state of the art product. New employment sectors are leading edge for long term success. Weaknesses: Population weighted towards 55+, strong tendency towards home

  • wnership, desire to be close to employment centers near Miami and Ft.
  • Lauderdale. Rents not yet hitting threshold for higher density, structured parking

solutions.

Source: Claritas

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BB&T Center · Broward County, FL

June 5-10, 2016

For-Sale Housing

Strength: Median sales price steadily growing, aging demographic prefers home

  • wnership and lower-maintenance lifestyle.

Weaknesses: Pipeline of units in Metropica and Artesia represent significant local

  • inventory. Latin American economic volatility impacts higher end sales prices.

Source: Claritas

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BB&T Center · Broward County, FL

June 5-10, 2016

Sustainability

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BB&T Center · Broward County, FL

June 5-10, 2016

Panel Sustainability Focus

  • The types of design principles and sustainability practices (including

density thresholds, streetscape designs, building placement, and landscape and green infrastructure) that should be used to ensure that high-quality development occurs on the site;

  • The feasibility of using existing natural resources, particularly the

wetlands area, to create additional open space as a community amenity;

  • The potential of future development to better connect the site and

maximize its proximity to surrounding developments, the Everglades and the region through improved walkability and with various forms of transportation (vehicular, transit, and bicycles);

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BB&T Center · Broward County, FL

June 5-10, 2016

apartments

Site Influences

  • Viewsheds

In & Out

  • Natural
  • Transit
  • Edges
  • Connections
  • Neighbors

Retail

N

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BB&T Center · Broward County, FL

June 5-10, 2016

Site Assessment: Water story

  • Stormwater Detention
  • Wetlands
  • Bioswales
  • Freshwater Pumps/Aquifer
  • Water Flow

Future? Future? Future?

N

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BB&T Center · Broward County, FL

June 5-10, 2016

Site Assessment: Climate Analysis

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BB&T Center · Broward County, FL

June 5-10, 2016

Site Assessment: Climate Analysis

Design priorities:

  • Address hot summer day comfort.
  • Address hot summer night comfort.
  • Minimize radiant heat risk (via solar conduction).
  • Maximize effective natural cross ventilation - day and night.
  • Use solar energy potential (renewables).
  • Minimize storm risks (flood, downpours, wind). If
  • an issue prevent insect access whilst permitting ventilation.
  • micro-climate
  • Top of slope (wind exposure).
  • East facing (lower solar exposure in afternoons).
  • Open spacing for breezes, but protect from cold/hot wind (use planting).
  • urban street pattern:
  • Buildings/streets 20-30 degrees oblique to prevailing wind, respond to secondary wind.
  • Respond to times of low wind speed, often at night; orientate to utilize such wind in

worst case situations (low wind, peak heat/humidity).

  • Loose urban patterns, orientated to prevailing winds promote breezes - avenues,

connect to perimeter green belt, more open spaces.

  • Buildings - parallel to prevailing winds, taller variable height blocks force wind down to
  • street level
  • Urban heat island reduced by height, vegetation, color, high albedo (esp. roofs,

parking).

  • Street shading - reduces surfaces heating up, shades pedestrians (in humid climates it

should not block breezes)

N

Annual Wind Range

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BB&T Center · Broward County, FL

June 5-10, 2016

Goals/Alignment with local Sustainability/Resilience Opportunities – Best Practices

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BB&T Center · Broward County, FL

June 5-10, 2016

Broward County Climate Action Plan

There are two overarching goals for this plan:

  • 1. Mitigate the effects of climate

change by reducing greenhouse gas emissions by 2% per year by 2020, ultimately leading to a total 80% reduction by 2050, and

  • 2. Increase the resilience of our

community to the effects of climate change.

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BB&T Center · Broward County, FL

June 5-10, 2016

On site strategies:

  • Develop habitat buffer zones
  • Encourage urban reforestation
  • Natural systems utilization
  • Increase tree canopy (target 40%)
  • Continue local water conservation programs
  • Protect wellfields
  • Develop alternative water supply strategies
  • Evaluate reuse water interaction with and impacts to

the natural systems

  • Increase percentage of pervious areas
  • Install LED streetlights and garage lighting
  • Integrate bike share program with Complete Streets
  • Reduce urban heat island effect
  • Apply models to develop resilient design standards
  • Engage private sector to develop strategies for

adapting energy infrastructure

Broward County Climate Action Plan

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BB&T Center · Broward County, FL

June 5-10, 2016

Green Infrastructure:

  • Broward County is committed to protecting and

enhancing local and regional ecosystems,

  • ptimizing the co-benefits of habitat restoration,

coastal buffers, wetland mitigation, urban reforestation, and expanded green infrastructure, in

  • rder to create a healthy, enjoyable, and climate

resilient environment.

  • Green infrastructure is an interconnected system of

natural areas and natural services that conserves ecosystem values, helps sustain clean air and water, and provides benefits to people and wildlife.

Broward County Green Infrastructure Goals

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BB&T Center · Broward County, FL

June 5-10, 2016

Aquifer Water – “Regional Water Supply Protection”

County-wide: Climate change presents serious challenges for water managers with impacts on the quality and abundance of water supplies, water and wastewater infrastructure, and drainage and flood control operations. On site Strategy:

  • Ensure existing water resources are protected and remain

available through conservation and sustainable management.

  • Preserve capacity by diversifying source alternatives.
  • Balance the water needs of public consumers and natural

systems.

  • Consider location of hazardous materials and on-site power

generation

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BB&T Center · Broward County, FL

June 5-10, 2016

Everglades Stewardship and Opportunity

County-wide: Everglades provide values that no other ecosystem can. On site Strategy:

  • Elevate/restore western wetland to Everglade

Edu-tainment piece, with family boardwalk and envir-science center Sometimes called the "River of Grass," the Florida Everglades is one of the most extensive, complex, and renowned wetland ecosystems in the world

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BB&T Center · Broward County, FL

June 5-10, 2016

Storm water Mitigation, including Low Impact design, bioswale, wetland, canal and lake focus

FRESHWATER APPROACH

  • Water management resources currently on site: 18 acres
  • Basin 8 –2,400 acres
  • Typical commercial development acreages for remaining 50

acres

  • 35% to 40% building area
  • 15% water management areas

Strategy:

  • Combined collection for local reuse (rooftops) with recharge

via ground green spaces

  • Parking lot water quality mitigation
  • Bioswales threaded throughout
  • 40 acre feet compensatory storage under playing fields
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BB&T Center · Broward County, FL

June 5-10, 2016

Green Space Expansion – Sustainable Sites/Green string of active pearls for the community

On Site Strategies

  • Protect site habitat - Site building to preserve areas of high

biodiversity, create “exclusion zones”;

  • Active and passive recreation – extend City approach and

resources

  • Walking and biking linear trails as water retention,

biodiversity

  • Compensatory storage under playing fields
  • Green screens frame public space, activated/inhabited ,

green roofs

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BB&T Center · Broward County, FL

June 5-10, 2016

Resource Stewardship in Site and Building Design: water use

  • ptimization and reuse

On site strategy: Water demand by scale for urban office building, some amenity and retail:

  • Cooling Towers
  • Fixture loads- restrooms, showers
  • Process loads such as kitchens
  • Irrigation of green roof, ground green space

Water demand reduction (in all cases/any water supply) Fixtures (aim for 50% low flow reduction strategy) low flow/drip irrigation with rain gage and cooling tower make up strategies Supply: Collection of rain water from roofs, condensation, garage perimeter drains Treatment: Base filtration, perhaps some chemical Storage Concrete or pre-fab Cisterns in garage levels, corners and under ramps and part of public space Use: Cooling towers, toilets, purple pipe irrigation (external to building)

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BB&T Center · Broward County, FL

June 5-10, 2016

Resource Stewardship: energy use optimization and generations

  • On Site strategy

Step 1 Design for Best Orientation and Envelope Design: Step 2: Design for Passive systems – moving air, water capture and storage, employing daylight etc. Step 3: Design for Systems effectiveness Step 4: Operator and Inhabitant Behavior Alignment Step 5: Chose the right energy for the right use Step 6: On site renewable energy

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BB&T Center · Broward County, FL

June 5-10, 2016

Sustainability Financial Incentives

35 programs applicable to Broward County

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BB&T Center · Broward County, FL

June 5-10, 2016

Site Scenarios

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BB&T Center · Broward County, FL

June 5-10, 2016

Existing

  • Arena
  • Park n Ride
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BB&T Center · Broward County, FL

June 5-10, 2016

Site Programming Scenarios

Flexible scenarios allow for optionality of major land uses. Development pads are phased over time to meet market absorption potential.

Initial Land Uses Introduction Programming Scenarios (Range) Rental Apartments

2021

1,000

  • 1,400

Units

Entertainment Core

2021

80,000

  • 180,000

Sq Ft.

Hotel - Boutique

2021

120

Keys

Hotel - Executive

2030

320

Keys

Family Resort

2025

400

Keys

Office (Mid and High)

2030

1,120,000

  • 1,620,000

Sq Ft.

Casino Resort

2025

  • 500

Keys

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BB&T Center · Broward County, FL

June 5-10, 2016

Bubble Diagram

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BB&T Center · Broward County, FL

June 5-10, 2016

Site Concept: Phase 1 (Opening 2021)

  • Entertainment Core 40k
  • Rental Apartments 200 d.u.
  • South Parking Deck
  • Sports Fields w. Sub-surface

Compensatory Stormwater Storage (40 ac.ft)

  • Edu-tainment Wetland /

Everglade

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BB&T Center · Broward County, FL

June 5-10, 2016

Site Concept: Phase 2 (2021-2028)

  • Family Entertainment Hotel

400 keys

  • Rental Apartments +200

d.u.

  • Mid-rise Office 320k
  • Parking Deck South

Extension

  • North Parking Deck
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BB&T Center · Broward County, FL

June 5-10, 2016

Site Concept: Phase 3a (2028-2040)

With Additional Office

  • Additional Office
  • +200 d.u. Multi-family

Residential

  • North Parking Deck

Extension

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BB&T Center · Broward County, FL

June 5-10, 2016

Site Concept: Phase 3b (2028-2040)

With Casino Resort

  • Casino Resort
  • +200 d.u. Multi-family

Residential

  • North Parking Deck

Extension

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BB&T Center · Broward County, FL

June 5-10, 2016 Arena Redevelopment

  • High-rise Office
  • Residential
  • Additional Parking

Site Concept: Phase 3c (2028-2040)

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BB&T Center · Broward County, FL

June 5-10, 2016 LA Live

Block Sizes

Mizner Park Mardi Gras Casino Great Wolf Lodge

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BB&T Center · Broward County, FL

June 5-10, 2016

Site Concept 3a

  • Apartment: 12 ac
  • Entertainment Core: 2 ac
  • Hospitality: 14.5 ac
  • Office: 4 ac
  • Casino: 0 ac

Site Concept Summary

Site Concept 3b

  • Apartment: 17 ac
  • Entertainment Core: 4.5 ac
  • Hospitality: 14.5 ac
  • Office: 8 ac
  • Casino: 16 ac

Site Concept 3c

  • Apartment: 17 ac
  • Entertainment Core: 3 ac
  • Hospitality: 14.5 ac
  • Office: 8 ac
  • Casino: 16 ac
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BB&T Center · Broward County, FL

June 5-10, 2016

Connectivity

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BB&T Center · Broward County, FL

June 5-10, 2016

Vehicular Connectivity Realities

Existing Traffic Issues – Sawgrass Expressway interchanges with Sunrise and Oakland Park – Hockey game and concert releases, particularly northern intersections

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BB&T Center · Broward County, FL

June 5-10, 2016

Vehicular Connectivity Recommendations

  • Support Sawgrass Expressway

improvements – Mainline expansion – New interchange at NW 8th – Interchange upgrades at Sunrise and Oakland Park

  • Continue to pursue northern

ramps for Pat Salerno interchange – Improves site marketability – Improves traffic flow, but not critical from traffic operations perspective

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BB&T Center · Broward County, FL

June 5-10, 2016

Vehicular Connectivity Recommendations

  • Narrow Panther Parkway to

4-lane divided roadway for quarter-mile middle segment

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BB&T Center · Broward County, FL

June 5-10, 2016

Vehicular Connectivity Recommendations

Narrowed roadway example

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BB&T Center · Broward County, FL

June 5-10, 2016

Vehicular Connectivity Recommendations

  • Enhance wayfinding signage on

streets and expressway into branded district plan

  • Require comprehensive traffic

study as part of BB&T development approval to identify improvement plan

  • Support and promote a

transportation sales tax

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BB&T Center · Broward County, FL

June 5-10, 2016

Transit Connectivity Realities

  • Immediate area served by four local

routes and two express routes

  • Broward County’s 10-year plan

includes Bus Rapid Transit (BRT) for three of the local routes

  • Existing ridership is transit dependent

– 0 to1 vehicle ownership – Lower income – Different demographics than proposed area developments

  • Projected ridership numbers do not

support light rail

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BB&T Center · Broward County, FL

June 5-10, 2016

Transit Connectivity Recommendations

  • Support Bus Rapid Transit
  • Continue to evaluate Light Rail IF

projected ridership numbers increase significantly

  • Pursue circulation system(s) as

developments come on-line – Sawgrass Mills – BB&T Site – Sawgrass Corporate Park

  • Incorporate transit center in BB&T

site

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BB&T Center · Broward County, FL

June 5-10, 2016

Pedestrian Connectivity Realities

  • Limited pedestrian activity
  • n BB&T site to date
  • Good external connectivity

with sidewalks along streets

  • Limited accommodations to

bring the pedestrians from the street to the internal sites of BB&T and Sawgrass Mills

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BB&T Center · Broward County, FL

June 5-10, 2016

Pedestrian Connectivity Recommendations

  • Recreational trail on site

perimeter

  • Enhance pedestrian

crossings along NW 136th Avenue/Panther Parkway – Signalized intersections – Midblock pedestrian crossing

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BB&T Center · Broward County, FL

June 5-10, 2016

Pedestrian Connectivity Recommendations

Raised pedestrian crossing examples (for speeds under 35 mph)

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BB&T Center · Broward County, FL

June 5-10, 2016

Pedestrian Connectivity Recommendations

Pedestrian overpass example

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BB&T Center · Broward County, FL

June 5-10, 2016

Pedestrian Connectivity Recommendations

Pedestrian overpass example

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BB&T Center · Broward County, FL

June 5-10, 2016

Bicycle Connectivity Realities

  • Minimal bike

accommodations in immediate vicinity – No bike lanes – High speed, higher volume roads

  • Early stages of complete

streets initiatives

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BB&T Center · Broward County, FL

June 5-10, 2016

Bicycle Connectivity Recommendations

Continue to implement City’s Bike Plan, including bike lanes along NW 136th Avenue/Panther Parkway

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BB&T Center · Broward County, FL

June 5-10, 2016

Bicycle Connectivity Recommendations

Follow Broward County’s Complete Streets initiative

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Bicycle Connectivity Recommendations

Complete Streets example

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BB&T Center · Broward County, FL

June 5-10, 2016

Bicycle Connectivity Recommendations

Complete Streets example

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BB&T Center · Broward County, FL

June 5-10, 2016

Bicycle Connectivity Recommendations

Evaluate bike share program (Broward B-cycle) as potential long term strategy

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June 5-10, 2016

Development Strategies

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BB&T Center · Broward County, FL

June 5-10, 2016

Development Strategy

The development potential discussed in the earlier analysis suggests that there is a conservative initial demand for new development on the site, but over time there will be an increasing opportunity for developing a variety of uses on the site at varying densities. This strategy is focused on a development approach that will allow for a realistic organically grown residential, entertainment and office environment with a strong potential for large entertainment uses. Live/Work/Play Mixed-Use

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BB&T Center · Broward County, FL

June 5-10, 2016

Development Strategy

  • Phase 1 – The Primer

Starts the Development; Leverages BB&T and the Mall; Begins Urbanization

  • Phase 2a – The Anchor(s)

Large attraction; Family Oriented

  • Phase 2b – The Neighborhood

Completes the Urban Fabric Over Time

  • Phase 3 – The Arena OR The Campus

If they stay or if they go

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BB&T Center · Broward County, FL

June 5-10, 2016

Site Values – Entertainment Retail

  • Connection
  • Placemaking
  • BB&T
  • Visibility
  • Access
  • Activity
  • Density
  • 18 hours

A B C F F C C B+ B B+ C B+ B+

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BB&T Center · Broward County, FL

June 5-10, 2016

Site Values - Anchors

  • Gaming
  • Family Resort
  • Music
  • Pavilion
  • Separation
  • Security
  • Large
  • Street Wall
  • Noise

A A B+ B C C A A B A A

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BB&T Center · Broward County, FL

June 5-10, 2016

Site Values - Residential

  • Ped Connection
  • Noise
  • BB&T
  • Views
  • Resi Neighbors
  • Amenities
  • Security
  • Self-contained

B C A A A A A C B B C

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BB&T Center · Broward County, FL

June 5-10, 2016

Site Values - Office

  • Visibility
  • Access
  • Separation
  • Limited Activity
  • Off hours Dark
  • Shared Parking

A+ B C C A A B B B A B+

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BB&T Center · Broward County, FL

June 5-10, 2016

Development Strategy – The Primer

  • Phase 1

Immersive Vibrant Dense A Public Plaza Flanked by 4-5 Story Buildings Pedestrian Focused Entertainment Core Needs Supportive Uses for Viability Residential Urban Environment Boutique Hotel with Event Space

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BB&T Center · Broward County, FL

June 5-10, 2016

Development Strategy – The Primer

  • Plaza

Connect to BB&T and the Mall Placemaking for Public & Private Programming decorative fountains, zero depth fountain play areas, flexible public seating, as well as, programmed fixed seating and other landscape features that would create a pedestrian-friendly atmosphere, including

  • utdoor dining areas

Raised Plaza or not Rear Structured Parking Must Allow Car Access the Plaza

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BB&T Center · Broward County, FL

June 5-10, 2016

Development Strategy – The Primer

  • Connection
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BB&T Center · Broward County, FL

June 5-10, 2016

Development Strategy – The Anchor(s)

  • Phase 2a

Modern Tech Business Complex Large Fitness Destination Family Resort Music Venue Retail Concept Gaming Resort Large Outdoor Pavilion Sports Entertainment Concepts

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BB&T Center · Broward County, FL

June 5-10, 2016

Development Strategy – The Neighborhood

  • Phase 2b

As the Market Increases… Residential in Standalone Development Blocks Create Passive and Active Green Space Stage Replacement of Parking in Central Decks Office Should Pursue Innovation Tenants

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BB&T Center · Broward County, FL

June 5-10, 2016

Development Strategy – The Arena or The Campus

  • Phase 3

Great Site for Dense Campus Single User or Single Use or Multi-Tenant Office – Tech/Bio-Tech/Innovation Medical – Research/Tourism/Health Educational – Tech/Med Residential – Towers with Neighborhood Retail

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BB&T Center · Broward County, FL

June 5-10, 2016

Development Strategy – The Brand

Town Centers Demand a Strong Brand Partnering (Sports, Fanatics, Fitness, Environment…) Become a Casual Destination Hip Fun Vibrant Bright Healthy Programming Wayfinding Marketing

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BB&T Center · Broward County, FL

June 5-10, 2016

Development Strategy – The Street

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BB&T Center · Broward County, FL

June 5-10, 2016

Development Strategy – The Street

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BB&T Center · Broward County, FL

June 5-10, 2016

Development Strategy – The Street

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BB&T Center · Broward County, FL

June 5-10, 2016

Development Strategy – The Events

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BB&T Center · Broward County, FL

June 5-10, 2016

Development Strategy – The Events

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96

BB&T Center · Broward County, FL

June 5-10, 2016

Development Strategy – The Primer

  • Local Programming
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BB&T Center · Broward County, FL

June 5-10, 2016

Development Strategy – The Primer

  • The Plaza

50’-120’ 130’-200’

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BB&T Center · Broward County, FL

June 5-10, 2016

Implementation

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BB&T Center · Broward County, FL

June 5-10, 2016

Implementation

  • Expectations
  • Organizational Structure
  • Public Participation
  • Due Diligence
  • RFQ for Master Developer
  • Timeline
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BB&T Center · Broward County, FL

June 5-10, 2016

Implementation- Expectations

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BB&T Center · Broward County, FL

June 5-10, 2016

Implementation-Organizational Structure

  • Create Downtown West Broward

Leadership Council

  • Serve as champion for development of

the site

  • Co-chaired by public official and a private

sector representative

  • Advocate, shape, market and lobby for

development

  • Actively seek and engage stakeholders
  • Agree on measureable goals for the

development

  • Streamline approval process through

“greentape” task force

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BB&T Center · Broward County, FL

June 5-10, 2016

Implementation-Public Participation

  • Public participation is more than the “usual suspects”

attending a public meeting

  • Process not a single event
  • Involves a wide range of stakeholders
  • Opportunity to inform stakeholders
  • Opportunity to ensure that stakeholders understand
  • pportunities and constraints as well as proposals
  • Opportunity for 2 way feedback
  • Use social media and computer applications to

expand the reach of the Public Participation program

  • Consider engaging a Certified Professional

Facilitator to help design and implement the process.

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BB&T Center · Broward County, FL

June 5-10, 2016

Implementation-Due Diligence

  • Risk can be minimized by

conducting due diligence

  • Assemble and organize all

existing information related to the site

  • Identify gaps in information
  • Fill in the gaps
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BB&T Center · Broward County, FL

June 5-10, 2016

Implementation-Master Developer

  • County and City, in consultation with the Council, to jointly Issue a Request

for Qualifications (RFQ) to designate a Master Developer for the site.

  • RFQ to include a clearly articulated vision and goals that have been jointly

developed by the County, City and Council ensuring that the development is complimentary to existing surrounding land uses

  • Master Developer to refine concept plans to facilitate site development

consistent with the articulated vision and goals.

  • Master Developer must demonstrate the financial, technical and relational

capacity to implement the program

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BB&T Center · Broward County, FL

June 5-10, 2016

Programming and Civic Engagement

  • Downtown districts and town centers work best when the community embraces the

development and views it as there own.

  • The Leadership Council should reserve the right to bring civic events to the town

center plaza on a regular basis.

  • Community groups should be encouraged to schedule events in the plaza such as fun

runs, fitness classes, art fairs, farmers markets, holiday markets, moonlight movies, or high school band performances.

  • The master developer should be encouraged to program and manage the space to

maximize the number and quality of events.

  • These events will bring people to the development and establish it as an important

civic realm.

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BB&T Center · Broward County, FL

June 5-10, 2016

Implementation Timeline

  • Long-term 20+ year development timeframe.
  • County/City Predevelopment: 2016-2018
  • Phase 1: 2018-2021
  • Phase 2: 2021-2028
  • Phase 3: 2028-2040
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BB&T Center · Broward County, FL

June 5-10, 2016

County/City Predevelopment Timeline

  • 2016: County and city works to assemble a core group from the county, city, property
  • wners, and business leaders to establish the “Downtown West Broward Leadership

Council”.

  • 2016: Leadership Council begins managing development of this project and also works as

a champion for the project, including developing new brand for the district.

  • 2016: County/city contracts with a consultant with expertise in public-private

development and land leases, to assist with the RFQ process and in negotiating an agreement with the master developer.

  • 2017: Determine what kind of public entity, such as a downtown development authority
  • r a special district entity, could or should be established to oversee the development.
  • 2017: Undertake development of studies needed to assess the potential, constraints, and

feasibility of the plan.

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BB&T Center · Broward County, FL

June 5-10, 2016

County/City Predevelopment Timeline

  • 2017: Develop and issue an RFQ that outlines the nature of the proposed

development.

  • 2017: Begin streamlining the approval process for development on the arena site.

Proceed with the DRI process if required.

  • 2018: Select a short list of master developers from RFQs for RFP submittals.
  • 2018: Negotiate final agreement with one of these entities.
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BB&T Center · Broward County, FL

June 5-10, 2016

Phase 1 Development Timeline

  • 2018: Master developer begins development planning, including hiring brokers to seek out

appropriate restaurant and hotel options for the initial phase.

  • 2018: Begin planning road and pedestrian improvements along Panther Parkway and at the

highway interchange, and other infrastructure improvements.

  • 2018: Developer and county/city work to attract a family entertainment hotel and casino

resort for the eastern district.

  • 2019: Begin construction of core mixed-use district, including restaurants, main street

entertainment plaza, boutique hotel, rental apartments, park/civic area, and parking.

  • 2021: Phase 1 core district is completed and opened. Leadership Council works with

developer and community to program events and activities in the plaza.

  • 2021: Property begins generating property tax revenues.
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BB&T Center · Broward County, FL

June 5-10, 2016

Phase 2 Development Timeline

  • 2021: Begin construction of family entertainment hotel, perhaps with waterpark, if/when

feasible.

  • 2022: Begin construction of a casino resort, or other major commercial facility, if/when

feasible.

  • 2024: Begin construction of additional multifamily rental properties as demand allows,

together with soccer field retention/detention facility.

  • 2024: Completion of family entertainment hotel and soccer fields facility.
  • 2025: Completion of casino resort project and multifamily rental properties.
  • 2024: Hockey team affirms, extends, or terminates lease.
  • 2028: Original lease expires if not extended.
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BB&T Center · Broward County, FL

June 5-10, 2016

Phase 3 Development Timeline and Completion

  • 2028: Determine future of arena if lease expires.
  • 2028: Solidify plans for additional office and apartment development based on
  • utcome of the arena lease.
  • 2030: Begin construction of phase 3 rental apartment development.
  • 2033: Begin construction of phase 3 office development.
  • 2040: Project is fully built out, probably sooner if hockey team and arena remain on

site.

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BB&T Center · Broward County, FL

June 5-10, 2016

Implementation- Don’t Wait!

  • Keep the momentum
  • Start today by scheduling staff to staff meetings

for Monday

  • City and County schedule joint workshop

meetings for purpose of discussing the Panel findings and beginning to engage the public AS SOON AS POSSIBLE

  • If necessary, engage a Certified Professional

Facilitator, with experience in complex land use issues to help guide effective communication processes.

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Summary

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June 5-10, 2016

Site Concept: Future…..to 2040

  • Arena in place
  • Entertainment Core
  • Family Entertainment

Hotel

  • Executive Hotel
  • Casino Resort
  • Office Tech Campus
  • Residential
  • Parking
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BB&T Center · Broward County, FL

June 5-10, 2016

Site Programming Scenarios

Flexible scenarios allow for optionality of major land uses. Development pads are phased over time to meet market absorption potential.

Initial Land Uses Introduction Programming Scenarios (Range) Rental Apartments

2021

1,000

  • 1,400

Units

Entertainment Core

2021

80,000

  • 180,000

Sq Ft.

Hotel - Boutique

2021

120

Keys

Hotel - Executive

2030

320

Keys

Family Resort

2025

400

Keys

Office (Mid and High)

2030

1,120,000

  • 1,620,000

Sq Ft.

Casino Resort

2025

  • 500

Keys

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BB&T Center · Broward County, FL

June 5-10, 2016

Economic Results to 2040

Scenarios and Key Variations A: Arena and Casino Resort B: Arena, with Office Technology Campus in place of Casino C: Arena redeveloped, Office Campus and Casino

* Revenues are not allocated amongst public agencies ** Scenarios exclude tax on arena activities and prospective gaming revenues *** Discounted Revenues at 6%/year from 2040 to 2016 A B C Capitalized Valuation Tax (1.38%) $ 67,359,000 $ 64,852,000 $ 72,861,000 Retail Sales Tax (6%) 38,539,000 39,094,000 38,539,000 Tourist Development Tax (5%) 149,916,000 105,882,000 149,916,000 Subtotal 255,814,000 209,828,000 261,316,000 NOI Participation (2%) 6,535,000 7,471,000 7,415,000 Totals $ 262,349,000 $ 217,299,000 $ 268,731,000 DRAFT CALCULATIONS

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BB&T Center · Broward County, FL

June 5-10, 2016

5 Big Moves

1.0 Recognize the “District Beyond the Site” Planning to encompass broad area Identity for “Downtown West Broward” 2.0 Plan for long term flexibility across the entire site (2040+) Future-proof for Resilience Arena optionality post-2028 Gaming is imminent Office and Tech employment center needed 3.0 Capture immediate opportunities (2021-2028) Entertainment Mixed-Use (including Boutique Hotel and Housing) Plaza for Civic benefit Limit cross-competition in the market 4.0 Utilize all available tools to kick-start community and economic benefits Land value deferred in Public/Private Partnership Long term cash flow stream from tax base and participating ground lease (NOI share) 5.0 “Champion” the site “Downtown West Broward Leadership Council” Private Sector and Public Official Co-Chairs Manage the process Advocate for the District overall Focus on the site development

Strategy Implications

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BB&T Center · Broward County, FL

June 5-10, 2016

The residents of Broward County, all the people engaged in its development, and the participating interviewees. Thanks in particular to Broward County Mayor Marty Kiar, and all County Commissioners; the City of Sunrise Mayor Michael J. Ryan, and the City Commission; Miami Dade Planning Division Chief Mark Woerner; The Mills, and Simon Property Group; Metropica and The Trillist Companies; Peter Luukko, Executive Chairman Florida Panthers, and the BB&T Center staff. Special recognition to Rob Hernandez Deputy County Administrator Broward County; the Broward County staff; Lou Sandora, Economic Development Director for the City of Sunrise and City Staff for their coordination and support through the entire process.

Thank You!

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June 5-10, 2016

Questions?

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BB&T Center · Broward County, FL

June 5-10, 2016