Bo a rd o f T ruste e s Me e ting Apr il 29, 2015 Ag e nda - - PowerPoint PPT Presentation

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Bo a rd o f T ruste e s Me e ting Apr il 29, 2015 Ag e nda - - PowerPoint PPT Presentation

Intr oduc tion to Planning Pr oc e ss Bo a rd o f T ruste e s Me e ting Apr il 29, 2015 Ag e nda Intr oduc tion to the te am A mar ke t- dr ive n appr oac h Why now? A national and r e gional pe r spe c tive


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SLIDE 1

Intr

  • duc tion to Planning Pr
  • c e ss

Bo a rd o f T ruste e s Me e ting

Apr il 29, 2015

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SLIDE 2

Ag e nda

  • Intr
  • duc tion to the te am
  • A mar

ke t- dr ive n appr

  • ac h
  • Why now? A national and

r e gional pe r spe c tive

  • Ove r

vie w of planning pr

  • c e ss
  • Involve me nt of the

c ommunity

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SLIDE 3

By he lping c itie s and subur bs alike manage the ac c e le r ating pac e of de mogr aphic , e c onomic , and e nvir

  • nme ntal c hange , we c r

e ate mor e livable , e quitable , and r e silie nt c ommunitie s. By he lping c itie s and subur bs alike manage the ac c e le r ating pac e of de mogr aphic , e c onomic , and e nvir

  • nme ntal c hange , we c r

e ate mor e livable , e quitable , and r e silie nt c ommunitie s.

Stante c ’s Ur ban Plac e s Gr

  • up

Stante c ’s Ur ban Plac e s Gr

  • up
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SLIDE 4

Sta nte c ’ s Urb a n Gro up: An inte rdisc iplina ry pla tfo rm

Ca n q uic kly dra w o n e xpe rtise a s ne e de d

Stante c Ur ban Plac e s Gr

  • up

(Bo sto n)

Br

  • wnfie lds

r e de ve lopme nt:

E lia s Ra shma wi

Re nde r ing and animation:

Chuc k L

  • unsb e rry

Sustainable te c hnologie s:

Mira nda Ga rdine r

E c onomic impac t analysis: Ma tt

No o nke ste r

Many mor e disc ipline s: Ma ny

mo re e xpe rts…

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SLIDE 5

Cre a ting urb a n e nviro nme nts tha t maximize r

e gional c ompe titive ne ss…

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SLIDE 6

Our te a m, yo ur pa rtne r

Sa ra h Wo o dwo rth (W-ZHA)

Re tail/ Offic e Marke t Analyst

L a urie Vo lk (Zimme rma n/ Vo lk Asso c ia te s)

Re side ntial Marke t Analysis

Ne ls Ne lso n

U rban Planne r

We i Jin, L

E E D AP

U rban Planne r

E rin Ga rna ss-Ho lme s, ML

A, MURP

L andsc ape De signe r

De lhi T

  • wnship

Ste ve K e a rne y Pro je c t Ma na g e r Da vid Dixo n, F

AI A

Princ ipa l-in-Cha rg e E c o no mic / Re ta il Ana lysis a nd De ve lo pme nt Stra te g y Pla nning / Urb a n De sig n/ Pla c e ma king

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SLIDE 7

A ma rke t-drive n a ppro a c h

  • Inve stor

’s Analysis

  • Ca pture ma rke t o ppo rtunitie s in o rde r to e a rn a

fina nc ia l re turn

  • F
  • c us o n supply, de ma nd, e c o no mic s, a b so rptio n a nd

de ve lo pme nt

  • “Will I

ma ke mo ne y”

  • Stra te g ist’s Ana lysis
  • Re q uire s ‘ o utside o f the b o x’ thinking
  • “Ho w do I

c re a te a ma rke t? ”

  • Imple me nte r

's Analysis

  • E

c o no mic de ve lo pme nt fro m a re so urc e a llo c a tio n a nd time pe rspe c tive

  • “Ho w do I

a c hie ve c o nse nsus, a c c o unta b ility a nd pro g re ss? ”

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SLIDE 8

I mple me nta tio n fro m Da y 1

  • E

a rly Unde rsta nding o f Ma rke t/ E c o no mic Re a litie s

– Pla nning c o nc e pts info rme d b y inve stme nt re a lity – Allo ws fo r info rme d de c isio n-ma king

  • T

ra de -o ffs; c o sts & b e ne fits

  • Jump-sta rts stra te g ic thinking a b o ut imple me nta tio n e a rly in

the pro c e ss

– I

de ntific a tio n o f to o ls & ke y sta ke ho lde rs

– Ne a r-te rm ta rg e t pro je c ts a re pa c ka g e d a s pa rt o f pla nning

pro c e ss, not afte r

  • F
  • rc e s the diffic ult issue s o f se q ue nc ing , pla c e ma king a nd

funding to b e a ddre sse d e a rly

– A Busine ss Pla n a s we ll a s a Ma ste r Pla n

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SLIDE 9

Ho using a s a b uilding b lo c k fo r c ha ng e

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SLIDE 10

Appro a c h a nd pro c e ss

  • T

ar ge t mar ke t me thodology

  • De te r

mine s mar ke t pote ntial, not de mand

  • How doe s the po te ntia l ma rke t live no w?
  • How many a re like ly to mo ve to the c o rrido r?
  • Who a re the y?
  • What a re the ir ho using pre fe re nc e s?
  • What a re the y a b le to pa y?
  • How fast will the y re nt o r b uy the ne w units?
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SLIDE 11

Mia mi T

  • wnship, Ohio
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SLIDE 12

Hig h Stre e t, Co lumb us

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SLIDE 13

E a st F ra nklinto n, Co lumb us

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SLIDE 14

Dub lin, Ohio

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SLIDE 15

Sa ndy Spring s, Ge o rg ia

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SLIDE 16

Stake holde r Inte r vie ws

  • Civic Asso c ia tio ns
  • Busine ss Asso c ia tio ns
  • De pa rtme nt He a ds
  • Zo ning Co mmissio n
  • Zo ning Bo a rd o f Appe a ls
  • T
  • wnship T

ruste e s

  • Ha milto n Co unty Re g io na l Pla nning
  • Siste rs o f Cha rity
  • Ba yle y
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SLIDE 17

What we have he ar d so far …

  • De lhi is a b o ut fa milie s
  • F

a milie s sta y in De lhi…And c hildre n c o me

(…Altho ugh no t as muc h as the y use d to …)

  • De lhi is no t o n the “ma in line ,” whic h is b o th a

g o o d a nd b a d thing )

  • T

he Pike is b e tte r to da y tha n 5 ye a rs a g o …b ut no t b e tte r tha n 15 ye a rs a g o

  • De lhi is still a sa fe pla c e to live , b ut we a re

c o nc e rne d a b o ut this

  • …..ADD MORE
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SLIDE 18

De sc r ibe De lhi in 5 Wor ds

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SLIDE 19

De lhi’s Gr e ate st Asse ts

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SLIDE 20

Most Assoc iate d with De lhi

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SLIDE 21
  • 1950s-la te 90s: fa milie s with c hildre n re pre se nte d

la rg e st de mo g ra phic g ro up

  • 1950s-la te 90s: ho mo g e ne o us ma rke ts pro duc e d ma ss

ma rke ts“we ar

e a mar ke t of nic he s” (UL I)

  • 1950s-la te 90s: pe o ple unde r 50 c o nsiste ntly

re pre se nte d the la rg e st sha re o f po pula tio n g ro wth

  • 2014: pe ople ove r

65 will r e pr e se nt the lar ge st shar e of population gr

  • wth in most r

e gions (and pe ople ove r 62 ar e ne t se lle r s of house s)

De mo g ra phic s

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SLIDE 22
  • 1950s-la te 90s: fa milie s with c hildre n re pre se nte d

la rg e st de mo g ra phic g ro up

  • 2014: single s and c ouple s r

e pr e se nt the major ity of house holds in vir tually e ve r y r e gion

  • 1950s-la te 90s: ho mo g e ne o us ma rke ts pro duc e d ma ss

ma rke ts

  • 2014: “we ar

e a mar ke t of nic he s” (UL I)

  • 1950s-la te 90s: pe o ple unde r 50 c o nsiste ntly

re pre se nte d the la rg e st sha re o f po pula tio n g ro wth

  • 2014: pe ople ove r

65 will r e pr e se nt the lar ge st shar e of population gr

  • wth in most r

e gions (and pe ople ove r 62 ar e ne t se lle r s of house s)

De mo g ra phic s: US

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SLIDE 23
  • 1950s-la te 90s: fa milie s with c hildre n re pre se nte d

la rg e st de mo g ra phic g ro up

  • 2014: one and two pe r

son house holds r e pr e se nt mor e than 50% of all house holds in Ohio

  • 1950s-la te 90s: ho mo g e ne o us ma rke ts pro duc e d ma ss

ma rke ts

  • 2014: “we ar

e a mar ke t of nic he s” (UL I)

  • 1950s-la te 90s: pe o ple unde r 50 c o nsiste ntly

re pre se nte d the la rg e st sha re o f po pula tio n g ro wth

  • 2014: pe ople ove r

55 will r e pr e se nt AL L

  • f Ohio’s

population gr

  • wth to 2019 (inc r

e asing r

  • ughly 1% )

De mo g ra phic s: Ohio

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SLIDE 24
  • 1950s-la te 90s: fa milie s with c hildre n re pre se nte d

la rg e st de mo g ra phic g ro up

  • 2014: one and two pe r

son house holds r e pr e se nt mor e than 55% of all house holds within one mile of the Pike

  • 1950s-la te 90s: ho mo g e ne o us ma rke ts pro duc e d ma ss

ma rke ts

  • 2014: “we ar

e a mar ke t of nic he s” (UL I)

  • 1950s-la te 90s: pe o ple unde r 50 c o nsiste ntly

re pre se nte d the la rg e st sha re o f po pula tio n g ro wth

  • 2014: pe ople ove r

55 will r e pr e se nt AL L

  • f De lhi’s

population gr

  • wth to 2019 (inc r

e asing r

  • ughly 0.4% )

De mo g ra phic s: De lhi

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SLIDE 25
  • 1990…

Golf c our se s

L a rg e ba c kya rds

Homoge ne ity

E sc ape fr

  • m wor

k

Conve nie nt auto ac c e ss

  • 2013…

Wa lka b le stre e ts

T ra nsit

Dive rsity

L ive ne a r wo rk

Susta ina b ility

Ma rke ts: the gr

e at inve r sion

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SLIDE 26

Ma rke ts: the gr

e at inve r sion

  • 1990…

Go lf c o urse s

L a rg e b a c kya rds

Ho mo g e ne ity

E sc a pe fro m wo rk

Co nve nie nt a uto a c c e ss

  • 2014…

Wa lka ble stre e ts

T ra nsit

Dive r sity

L ive ne ar wor k

Susta ina bility

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SLIDE 27

18% Single-family 2008 Existing housing supply 2008-2030 Projected housing demand 27% Multifamily 42% Single-family 52% Multifamily

Ma rke ts: the gr

e at inve r sion

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SLIDE 28

60% 40% 20%

2020

2010 2030

% jobs requiring a college degree % workforce with a college degree

E c o no mic de ve lo pme nt:

c ompe tition for e duc ate d wor ke r s

US is e duc ating half to two- thir ds

  • f the knowle dge wor

ke r s our knowle dge industr ie s will ne e d

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SLIDE 29

E c o no mic de ve lo pme nt:

knowle dge wor ke r s ar e “ur ban”

Roughly 2/ 3 of e duc ate d, c re ative worke rs unde r 35 se e k walkable , ur ban plac e s that support life style s

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SLIDE 30

…and they are voting with their feet

E c o no mic de ve lo pme nt:

knowle dge jobs follow wor ke r s

Be twe e n 2000 and 2009 the numbe r

  • f c olle ge -

e duc ate d 25- to 34- ye ar

  • lds living in or

c lose to downtowns jumpe d 26% in the 51 bigge st US me tro are as

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SLIDE 31

Ma rke ts: major

housing builde r s ar e following mar ke ts

  • L

e nnar

$1b inve stme nt in multifamily- housing 2013-15 in “No rth T

e xa s c itie s…do wnto wn L

  • s

Ang e le s…Cha rlo tte …Mia mi”

  • T
  • ll Br
  • the r

s

2014 pe rmits…SF

flat, MF +20%

“ City L

iving has be e n suc c e ssful

…I t’ s the ne xt log ic a l ste p.”

  • Kansas City F

e d

“e ve n o ptimistic a ssumptio ns pro je c t a re la tive ly mode r

ate pe ak le ve l of single - family c o nstruc tio n,

whic h will b e followe d by a lar

ge c ontrac tion o ve r ma ny ye a rs.”

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SLIDE 32

Ma rke ts: r

e tail— ur ban plac e s maximize c ompe titive ne ss…

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SLIDE 33

Ma rke ts: r

e tail— ur ban plac e s maximize c ompe titive ne ss…

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SLIDE 34

Ma rke ts: r

e tail— ur ban plac e s maximize c ompe titive ne ss…

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SLIDE 35

De lhi Co rrido r: o ppo rtunity a re a s

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SLIDE 36

De lhi Co rrido r: o ppo rtunity a re a s

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SLIDE 37

Gate way Main St. Re tail Cor e Main St.

De lhi Co rrido r: o ppo rtunity a re a s

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SLIDE 38

De lhi Co rrido r: wha t we se e

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SLIDE 39

Ca ta lyst site s

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SLIDE 40

Ho w do we me a sure re de ve lo pme nt po te ntia l

1. Whic h site s a re po te ntia lly re de ve lo pa b le o ve r the ne xt 5-10 ye a rs? 2. Whic h site s ha ve infra struc ture c a pa c ity? 3. Ho w will re a l e sta te va lue s sha pe re de ve lo pme nt stra te g ie s? 4. Whic h site s o ffe r the mo st po te ntia l to a c hie ve g o a ls?

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SLIDE 41
  • 1. Re de ve lo pme nt po te ntia l
  • ve r the ne xt 5-10 ye a rs?

Public owne r ship

(e .g . T

  • wnship,

Sta te )

Unde r

  • utilize d

par c e ls

(e .g . pa rking lo ts,

  • utmo de d

de ve lo pme nt)

Unlike ly to c hange

(e .g . re c e nt re de ve lo pme nt, unwilling o wne r)

L a rg e pa rc e ls o r a dja c e nt pa rc e ls sa me o wne rship (>10 a c re s)

n/ a Hig h L

  • w

Mo de ra te pa rc e ls a nd/ o r multiple

  • wne rs

(2-10 a c re s)

Hig h Mo de ra te Ve ry lo w

F ra g me nte d pa rc e ls a nd/ o r multiple o wne rs

Hig h L

  • w

Ve ry lo w

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SLIDE 42
  • 1. Re de ve lo pme nt po te ntia l
  • ve r the ne xt 5-10 ye a rs?

Hig h/ mo de ra te re de v. po te ntia l

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SLIDE 43

1. Sa nita ry

  • 2. I

nfra struc ture c a pa c ity— a c c e ss, wa te r, se we r?

Hig h/ mo de ra te re de v. po te ntia l

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SLIDE 44

1. Pub lic a lly-

  • wne d la nd

2. T

  • wnship drive s

ma rke t-drive n re de ve lo pme nt 3. T

  • wnship g uide s

lo ng e r-te rm re de ve lo pme nt

  • 3. I

mpa c t o f la nd va lue s a nd o wne rship?

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SLIDE 45

Pa rc e ls with hig h re de ve lo pme nt po te ntia l o ve r the ne xt 5-10 ye a r

T

  • wnship c o nduc ts

re de ve lo pme nt T

  • wnship le a ds

ma rke t-drive n T

  • wnship g uide s

thro ug h po lic y

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SLIDE 46

T

  • wnship c o nduc ts

re de ve lo pme nt T

  • wnship le a ds

ma rke t-drive n T

  • wnship g uide s

thro ug h po lic y Auto -o rie nte d Ma in Stre e t Auto / wa lka b le mixe d-use Wa lka b le mixe d- use n’ ho o d

Putting it a ll to g e the r…

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SLIDE 47

T

  • p thre e c a ndida te s?
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SLIDE 48

E xisting c o nditio ns

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SLIDE 49

Pha se 1?

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SLIDE 50

Pha se 2?

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SLIDE 51

Pha se 3?

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SLIDE 52

Ove rsig ht Co mmitte e Ro le

  • Par

tic ipate !

  • Vision le a de rs
  • F

ac ilitate during public c harre tte

  • Re vie w/ c omme nt on dr

aft mate r ials

  • Vision a nd g oa ls
  • Ma rke t a na lysis re ports
  • Maste r

plan fr ame wor k

  • Draft maste r plan mate rials
  • Ca rry the “imple me ntation” torc h forwa rd
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SLIDE 53

Pub lic e ng a g e me nt a ppro a c h

  • E

ng a g e the b e st lo c a l pa rtne rs

  • Be o rg a nize d, ma rke t e ve nts
  • E

ng a g e pe o ple a ro und value s a nd e duc ation

  • Be tra nspa re nt
  • Me e t o n yo ur turf
  • Be diffe re nt, b e fun!
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SLIDE 54

Pub lic Pa rtic ipa tio n

  • Apr

il 29th Kic koff

  • June 3- Day Charre tte (w/ o 6/ 6)
  • August/ Se pte mbe r
  • pe n house
  • Oc tobe r

F inal Plan Ce le br ation

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SLIDE 55

*

Ma y June July Aug . Se pt. Oc t. No v. Pro je c t I nitia tio n & E xisting Co nditio ns Ana lysis Co mmunity E ng a g e me nt a nd Visio ning Pro c e ss Ma rke t Asse ssme nt Re de ve lo pme nt Pla n I mple me nta tio n Pla n

Sc he dule

* *

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SLIDE 56

Que stions