Infrastructure Financing Options for Transit-Oriented Development - - PowerPoint PPT Presentation

▶
infrastructure financing options for transit oriented
SMART_READER_LITE
LIVE PREVIEW

Infrastructure Financing Options for Transit-Oriented Development - - PowerPoint PPT Presentation

Nov 25, 2023 111 likes •259 views

Infrastructure Financing Options for Transit-Oriented Development Development Council of Development Finance Agencies, National Development Finance Summit August 9, 2013 Lee Sobel, Director of Public Strategies TRANSIT-ORIENTED DEVELOPMENT

slide-1
SLIDE 1

Infrastructure Financing Options for Transit-Oriented Development Development

Council of Development Finance Agencies, National Development Finance Summit August 9, 2013 Lee Sobel, Director of Public Strategies

slide-2
SLIDE 2

TRANSIT-ORIENTED DEVELOPMENT DEFINED

Transit-oriented development (TOD) is development near a transit station that offers a mix of housing, that offers a mix of housing, employment, shopping, and transportation choices. Putting homes, jobs, and stores close to j transit can give people less expensive, less polluting transportation options while improving their access to more job

  • pportunities throughout the region.

TOD is generally compact, walkable de elopment hich ses land more development, which uses land more efficiently and can help preserve undeveloped land, which can protect water quality

1

water quality.

slide-3
SLIDE 3

ARE YOU READY FOR TOD?

Motivational pitch or a Motivational pitch or a challenge about the local realities and decisions for infrastructure finance and development?

2

slide-4
SLIDE 4

TOD PROCESS – PLAN, INVEST, REJOICE

3

slide-5
SLIDE 5

LOCAL COMMUNITIES AND CLIENTS

Salt Lake City, UT UTA

  • UTA

Wheat Ridge, CO City of

  • City of

Atlanta, GA Cobb County & CCID

  • Cobb County & CCID

Chicago, IL SSMMA

  • SSMMA

4

slide-6
SLIDE 6

STATION AREA CONTEXT

Salt Lake City, UT S b b k & id

  • Suburban park & ride

Wheat Ridge, CO E d f th li t ti

  • End of the line station

Atlanta, GA N li & i

  • New line & station

Chicago, IL

  • Freight line conversion

5

slide-7
SLIDE 7

INFRASTRUCTURE NEEDS

Salt Lake City UT Salt Lake City, UT

  • Land, parking, roads

Wheat Ridge CO Wheat Ridge, CO

  • Land, parking, water

Atlanta GA Atlanta, GA

  • Parking and energy

Chicago IL Chicago, IL

  • Land, parking, housing

6

slide-8
SLIDE 8

EXISTING FINANCE TOOLS

7

slide-9
SLIDE 9

COMPARE WITH OTHER TOD PROJECTS

8

slide-10
SLIDE 10

MARKET ANALYSIS, STRONG OR WEAK

Current analysis and future projections:

  • Demographics
  • Jobs and employment
  • Jobs and employment
  • Residential and non-residential
  • Economic analytics

T t ti d t it

  • Transportation and transit
  • Local vision, goals, will

9

slide-11
SLIDE 11

STRATEGIC ANALYSIS

Inputs p

  • Community plan and team
  • Station area context
  • Infrastructure needs
  • Infrastructure needs
  • Existing financing available
  • Current market defined

F t th ti

  • Future growth options

understood as best as practical. p

10

slide-12
SLIDE 12

INFRASTRUCTURE FINANING OPTIONS FOR TOD

Salt Lake City, UT

  • Land disposition, Joint Devel.,

Land disposition, Joint Devel., Shared Parking

Wheat Ridge, CO g

  • Debt, Value Capture, Fed. Grants,

Utility Fees

Atl t GA Atlanta, GA

  • PPP, Bonds, Land Bank, Structured

Funds

Chicago, IL

  • TIF, Anchor Institution, & Structured

Funds

11

slide-13
SLIDE 13

COMMUNITY CAPACITY ANALYSIS

Considerations Considerations

  • Willing leadership
  • Education and vision

L i l

  • Laws in place
  • Experienced staff
  • Can qualify to use tools

q y

  • Community willing to

participate

12