614.678.0214
P3-60 Recreating “Spaces” for Making richly designed, pedestrian oriented and economically sustainable ‘Places”
Michigan Municipal League Conference Grand Rapids, Michigan October 6, 2011
P3- 60 Recreating Spaces for Making richly designed, pedestrian - - PowerPoint PPT Presentation
P3- 60 Recreating Spaces for Making richly designed, pedestrian oriented and economically sustainable Places Michigan Municipal League Conference Grand Rapids, Michigan October 6, 2011 614.678.0214 Recreating Spaces for
614.678.0214
Michigan Municipal League Conference Grand Rapids, Michigan October 6, 2011
Pre-Creekside
inaccessible, dumping grounds.
The Vision
Implementation – Phase I
Greenways Initiative
Holiday Lights! Parade & Festival
create Creekside Park
restoration
development effort
waterfall and Creekwalk linking Olde Gahanna
Implementation – Phase II
Phase II: Mill and Granville Street Revitalization
the street
in 2007
and Creekside Park
Landscape, traffic calming, pedestrian orientation
Land
Gahanna
property improvements
abatement on the construction of commercial property
Finance Tool (TIF)
and water features prior to private sector
Implementation III Phase III: Creekside Gahanna
the preferred developer in 2004
water features and architectural (façade) design
Region
Economically Sustainable Private Deal
District, pedestrian oriented
Bird Houk Collaborative scheme
Council Process, Fall/2004
the Community Improvement Corporation (CIC) and the City; Winter 2006
Ground Leases, Parking, Reciprocal Easement, Management…
Completion, June 2008
Condominiums Office/Retail Office/Retail Plaza Entrance to underground parking
Plaza/Community Stage Plaza Mill Race Lagoon
Creekside Park
C C C
Before Redevelopment After Redevelopment
turned commercial; no historical significance
(modeled - San Antonio Riverwalk)
2005 and 2010
development for Gahanna
Public Development Budget
Construction Cost: $10,500,000
Public Parking Creekside Park Public Plazas Streetscape & Sidewalks Riparian Improvements Demolition Electric Line Re-location
Scope Additions: $2,730,544 Utilities & Sidewalk $1,158,797 Soft Costs $2,352,548 Total Cost $16,741,889
Project Funding
Approved Bond/ Cash Initiative: $14,050,000 Appropriations/ S. Appropriations: $2,106,889 Bond Interest $585,000 Total Budget $16,741,889
Operating Revenue (City)/ Year (Proposed) TIF Payments (From PILOT) $416,000 Parking Garage Income $116,800 Ground Lease Income $2.00/S.F. on Land used by developer Total Ground Lease Income $169,800 Income Tax Generated $351,000 Total $1,053,600 Operating Expenses (City) Debt Service on Bond $755,000 Net Revenue (City) $298,600
the City assembled nearly five acres of property along Mill Street and the Big Walnut Creek for redevelopment.
after the project was built.
Gahanna
development rights to the developer for 99 years plus.
improvements to the site
Gahanna.
Best TIF Program in the United States in 2007.
in finance of the public parking facility.
Creekside.
maintained with three buildings, multiple facades
vocabulary
an update to 1997 Vision Plan
affects on the Planning Environment
to the Planning Environment….(S.W.O.T.)
Environment…. (Wants & Needs)
the Communities Wants and Needs…
Planning Principles & Form Zoning
Updated Master Plan and Planning Principles and New Market – New Normal Economy
marketing approach
Protect Environmental Systems and Conserve Resources (Open Space)
and Mixed-Use Commercial Development.
Circulation
promote a ‘creative’ environment.
Oriented to Pedestrians, thereby Promoting Security and Social Interaction, Economic Sustainability
Coffee Shop, Casabella Designs & Interiors, Convention & Event Center and Event Catering Co.
Partnerships
Brand and Space
prosperous Place