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
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
vie w of planning pr
- c e ss
- Involve me nt of the
c ommunity
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
Stante c ’s Ur ban Plac e s Gr
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
(Bo sto n)
Br
r e de ve lopme nt:
E lia s Ra shma wi
Re nde r ing and animation:
Chuc k L
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…
SLIDE 5
Cre a ting urb a n e nviro nme nts tha t maximize r
e gional c ompe titive ne ss…
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
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
SLIDE 7 A ma rke t-drive n a ppro a c h
’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
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? ”
's Analysis
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
a c hie ve c o nse nsus, a c c o unta b ility a nd pro g re ss? ”
SLIDE 8 I mple me nta tio n fro m Da y 1
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
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
SLIDE 9
Ho using a s a b uilding b lo c k fo r c ha ng e
SLIDE 10 Appro a c h a nd pro c e ss
ar ge t mar ke t me thodology
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?
SLIDE 12
Hig h Stre e t, Co lumb us
SLIDE 13
E a st F ra nklinto n, Co lumb us
SLIDE 14
Dub lin, Ohio
SLIDE 15
Sa ndy Spring s, Ge o rg ia
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
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 )
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
SLIDE 18
De sc r ibe De lhi in 5 Wor ds
SLIDE 19
De lhi’s Gr e ate st Asse ts
SLIDE 20
Most Assoc iate d with De lhi
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
65 will r e pr e se nt the lar ge st shar e of population gr
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
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
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
65 will r e pr e se nt the lar ge st shar e of population gr
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
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
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
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
55 will r e pr e se nt AL L
population gr
e asing r
De mo g ra phic s: Ohio
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
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
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
55 will r e pr e se nt AL L
population gr
e asing r
De mo g ra phic s: De lhi
SLIDE 25
–
Golf c our se s
–
L a rg e ba c kya rds
–
Homoge ne ity
–
E sc ape fr
k
–
Conve nie nt auto ac c e ss
–
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
SLIDE 26 Ma rke ts: the gr
e at inve r sion
–
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
–
Wa lka ble stre e ts
–
T ra nsit
–
Dive r sity
–
L ive ne ar wor k
–
Susta ina bility
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
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
ke r s our knowle dge industr ie s will ne e d
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
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
e duc ate d 25- to 34- ye ar
c lose to downtowns jumpe d 26% in the 51 bigge st US me tro are as
SLIDE 31 Ma rke ts: major
housing builde r s ar e following mar ke ts
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
Ang e le s…Cha rlo tte …Mia mi”
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.”
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.”
SLIDE 32
Ma rke ts: r
e tail— ur ban plac e s maximize c ompe titive ne ss…
SLIDE 33
Ma rke ts: r
e tail— ur ban plac e s maximize c ompe titive ne ss…
SLIDE 34
Ma rke ts: r
e tail— ur ban plac e s maximize c ompe titive ne ss…
SLIDE 35
De lhi Co rrido r: o ppo rtunity a re a s
SLIDE 36
De lhi Co rrido r: o ppo rtunity a re a s
SLIDE 37 Gate way Main St. Re tail Cor e Main St.
De lhi Co rrido r: o ppo rtunity a re a s
SLIDE 38
De lhi Co rrido r: wha t we se e
SLIDE 39
Ca ta lyst site s
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?
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
Sta te )
Unde r
par c e ls
(e .g . pa rking lo ts,
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
Mo de ra te pa rc e ls a nd/ o r multiple
(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
Ve ry lo w
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
SLIDE 43 1. Sa nita ry
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
SLIDE 44 1. Pub lic a lly-
2. T
ma rke t-drive n re de ve lo pme nt 3. T
lo ng e r-te rm re de ve lo pme nt
mpa c t o f la nd va lue s a nd o wne rship?
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
re de ve lo pme nt T
ma rke t-drive n T
thro ug h po lic y
SLIDE 46 T
re de ve lo pme nt T
ma rke t-drive n T
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…
SLIDE 48
E xisting c o nditio ns
SLIDE 49
Pha se 1?
SLIDE 50
Pha se 2?
SLIDE 51
Pha se 3?
SLIDE 52 Ove rsig ht Co mmitte e Ro le
tic ipate !
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
SLIDE 53 Pub lic e ng a g e me nt a ppro a c h
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!
SLIDE 54 Pub lic Pa rtic ipa tio n
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
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
* *
SLIDE 56
Que stions