Lexington Technology Park Community Meeting January 4, 2018 Agenda - - PowerPoint PPT Presentation

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Lexington Technology Park Community Meeting January 4, 2018 Agenda - - PowerPoint PPT Presentation

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Lexington Technology Park Community Meeting January 4, 2018 Agenda 1. Introduction 2. Purpose 3. Update Since 11/2/17 Meeting 4. History of the Site 5. Community Planning to Date 6. Considerations for Future Development 7. Overview of URA

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Lexington Technology Park Community Meeting

January 4, 2018

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  • 1. Introduction
  • 2. Purpose
  • 3. Update Since 11/2/17 Meeting
  • 4. History of the Site
  • 5. Community Planning to Date
  • 6. Considerations for Future

Development

  • 7. Overview of URA RFP Process
  • 8. Overview of URA Disposition Process
  • 9. Public Comment

Agenda

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Purpose The Urban Redevelopment Authority of Pittsburgh (URA) is the City

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Pittsburgh’s economic development agency, committed to creating jobs, expanding the City’s tax base and improving the vitality of businesses and neighborhoods.

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Purpose What does the URA do?

  • 1. Land Recycling
  • 2. Housing
  • 3. Economic Development
  • 4. Business Development
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Since the 11/2/17 meeting:

  • Public Comment Box – received a total of 23 comments
  • Google Form - received a total of 26 comments
  • Project Website – Under construction
  • Executive Summary of Environmental Status – posted on URA website
  • Attended PBNDC monthly meeting on 12/4
  • Attending HBBA open body meeting in January
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History of the Site

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History of the Site

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History of the Site

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Current Site Conditions

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Current Site Conditions

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Current Site Conditions

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Current Site Conditions

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Current Site Conditions

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Current Site Conditions

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Current Business Activity

Building 1:

  • Allegheny County Children, Youth, and Families (CYF)
  • Allegheny County Computer Services
  • Allegheny County 911
  • Healthy Start
  • Clockwise Tees
  • University of Pittsburgh Office of Child Development
  • Lipella Pharmaceuticals, Inc.
  • Conturo Prototyping
  • Hi-Tech Recyclers, LLC
  • Total Employment – 850-950 employees
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Community Planning to Date

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Community Planning to Date

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Community Planning to Date

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Community Planning to Date

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Community Planning to Date

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Community Planning to Date

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Community Planning to Date

Transit Oriented Development (TOD) - includes a mix of commercial, residential, office

and entertainment centered around or located near a transit station. Dense, walkable, mixed-use development near transit attracts people and adds to vibrant, connected communities.

Transit Revitalization Investment District (TRID) - highly effective development tool

that utilizes future increased tax revenues generated by a designated district to pay for eligible costs of Transit Oriented Development (TOD) projects within the district, to enable the completion

  • f projects that produce quality, full-time jobs for City residents, increase the City’s tax base,

leverage substantial private investment, improve the City’s transit infrastructure, increase the quality and ridership of public transit within the City, and provide benefits to communities in the City.

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Community Planning to Date

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Community Planning to Date

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Community Planning to Date

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Community Planning to Date

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Community Planning to Date

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Community Planning to Date

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  • Proximity to Busway
  • Intersection with the surrounding neighborhoods
  • City-wide commitment to affordable housing
  • Job Creation
  • Tax Impacts
  • Zoning
  • Environmental Conditions

Considerations for Future Redevelopment

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Considerations for Future Redevelopment

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  • The URA has incorporated public input received into the

Request for Proposals (RFP).

  • The URA plans to issue an RFP at the end of January 2018.
  • URA will pre-screen proposals to make sure they meet

criteria, evaluate the confidential financial statements, and to write summaries of the proposals received.

  • A review committee will evaluate the proposals
  • 2 Representatives designated by PBNDC
  • 1 Representative designated by the Homewood-Brushton

Business Association

  • 1 Representative from Rep. Gainey’s Office
  • 1 Representative from Councilman Burgess’s Office
  • 1 Representative from the Mayor’s Office
  • 1 Representative from the Department of City Planning
  • URA staff members from various areas of expertise

Overview of URA RFP Process

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  • The Review Committee will make a short list of proposals.
  • A public meeting will be held for all of the short-listed

developers to present to the community.

  • The Review Committee will interview the developers, if

necessary.

  • The Review Committee will make a recommendation to the

URA Board of Directors.

Overview of URA RFP Process

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  • Redeveloper submits response to URA-issued Request for Proposals
  • Staff and Review Committee evaluates proposals
  • URA Board Action #1: Authorization to enter into Exclusive Negotiations
  • URA develops purchase price and sends Redevelopment Proposal Package
  • Developer submits completed Redevelopment Proposal Package
  • Completed Redevelopment Proposal
  • Good Faith Deposit
  • Carrying Cost Payment
  • Expression of Community Input
  • Preliminary Evidence of Financing
  • Proposal Drawings
  • Qualified Buyer Form
  • Sustainability Plan
  • Preliminary MWBE Plan

*URA provides no oversight in City Planning, Zoning, or Permitting approvals

URA Standard Disposition Process Overview

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  • URA Board Action #2: Acceptance of Redevelopment Proposal

Package, Authorization to Enter into Disposition Contract

  • URA staff drafts disposition agreement
  • Developer submits finalized documents (financing, drawings, MWBE)
  • URA staff reviews finalized documents
  • URA Board Action #3: Acceptance of Final Drawings and Final Evidence
  • f Financing, Authorization to Execute Deed
  • Closing
  • Construction
  • Quarterly Reports
  • URA inspection
  • URA Board Action #4: Issuance of Certificate of Completion
  • Refund Good Faith Deposit

*URA provides no oversight in City Planning, Zoning, or Permitting approvals

URA Standard Disposition Process Overview

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Community Outreach/Next Steps

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Emily Mitchell, Senior Project Development Specialist emitchell@ura.org or 412.255.6695 Julie Edwards, Real Estate Officer – Community Coordinator jedwards@ura.org or 412.255.6680 General Questions visit ura.org for updates 412.255.6610

Ongoing Community Process and URA Contacts

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Questions/Comments ?

Public Comment