Solutions for City-Building ? Patrice Derrington URBAN - - PowerPoint PPT Presentation

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Solutions for City-Building ? Patrice Derrington URBAN - - PowerPoint PPT Presentation

Global & Urbanism: Solutions for City-Building ? Patrice Derrington URBAN DEVELOPMENT CHALLENGES Rate of urbanization: Now >50% of the worlds population are urban dwellers. By 2050, another 2.5B urban dwellers. =>


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Global & Urbanism: Solutions for City-Building ?

Patrice Derrington

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URBAN DEVELOPMENT CHALLENGES

Rate of urbanization:

  • Now >50% of the world’s population are urban

dwellers.

  • By 2050, another 2.5B urban dwellers.
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=> MUNICIPAL CHALLENGES:

1.

Provision of Infrastructure

2.

Provision of Housing

3.

Community Amenities and Community Advancement

4.

Provision for Commerce & Economic Activity

Jakarta, Indonesia

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URBAN DEVELOPMENT CHALLENGES

Rate of urbanization => DEVELOPMENT OPPORTUNITIES?

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How our cities are built?

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Developers are seen to make excessive profits

Or, also have successive bankruptcies?

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Stalled infrastructure

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Community Protests

Late in the process Uniformed on both sides What is at issue?

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FULTON STREET STATION

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FULTON STREET STATION

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CALATRAVA INTER-MODAL TRANSPORT CENTER

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Commercial in Confidence

Penrith Lakes

Overview

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Commercial in Confidence

  • Quarries merged in 1980 to

form Penrith Lakes Development Corporation – 1,935 ha – current shareholders being Boral (40%), Rinker (40%) and Hanson (20%).

  • 1987 Deed of Agreement

permits the extractive activities and requires basic remediation

  • f landscape and lake formation

and dedication to NSW Govt.

  • Option to develop 410 ha for

freehold residential sales.

  • Remaining quarry resources

may take another 3-5 years for full extraction at current rates.

Background of Quarry Activities

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Commercial in Confidence

State Significance

  • One of six key regional cities to

drive State’s economic growth – Penrith Lakes provides significant housing (but only 20% of site), 6000 jobs, and commercial activities. Penrith has limited sites.

  • Has significant historical sites,

natural environments (riverbank), and recreational

  • pportunities that contribute

regionally.

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Commercial in Confidence

Planning Brief

Bring back an ecology:

  • Exemplar
  • f

environmentally sustainable remediation of quarry site.

  • Recreational activities that respect

the environment and range from wilderness experience to extreme sports.

  • Major tourist attraction with distinct

“sense of place”.

  • Progressive setting for sustainable

and safe residential communities.

  • Opportunities for wide variation of

jobs and volunteer activities.

  • A place of pride for Penrith.
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Commercial in Confidence

Natural transect Castlereagh Floodplain

  • Ecological associations reflecting fluvial processes
  • Berms, swales, shoals and lakes

Essence of Place

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Commercial in Confidence

Residual patterns

Essence of Place

Hydrology – braided channels

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Commercial in Confidence

Ecology - reflecting landform and drainage

Residual patterns

Essence of Place

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Commercial in Confidence

Residual patterns

Movement - orthogonal

Essence of Place

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Commercial in Confidence

Proposed Planning

Integrated Site Design, Approval and Development

  • Significant recreational

precincts ranging from active engagement to passive wilderness experience.

  • Residential “villages”

distributed.

  • Range of densities from

medium-rise to 2ha rural residential.

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Commercial in Confidence

Recreation Opportunities

  • A plethora of recreation settings within:

 Riverland  Lakeland  Wetland  Community land  Wilderness

  • Special activity areas and buildings in parklands
  • Commercial concessions

Concept Plan

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Commercial in Confidence

Concept Plan

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Commercial in Confidence

Concept Plan

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Commercial in Confidence

Concept Plan

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Commercial in Confidence

Urban Form

  • Gradation of intensity of urban

development and recreation use

Concept Plan

Urban Suburban Wilderness Rural Civic Employment

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Commercial in Confidence

Concept Plan

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Commercial in Confidence

Concept Plan

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Commercial in Confidence

Circulation : Pedestrians / Cyclists

  • Great River Walk
  • Commuter and sports loop
  • On road cycleways
  • Recreational shared paths
  • Dedicated primary and secondary pedestrian
  • Walkways

Concept Plan

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Commercial in Confidence

Concept Plan

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Commercial in Confidence

Concept Plan

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Commercial in Confidence

Concept Plan

Employment Precincts

  • Dedicated ‘bio-technology’ precinct
  • ABGR 5 star
  • Stage 1 incubator
  • River and wetland prospect
  • Mixed use precincts
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Commercial in Confidence

Concept Plan

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Commercial in Confidence

FUNDING?

Private Urban Development + Private Delivery of Public Recreational Precinct

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Commercial in Confidence

PLDC Site

PUBLIC DOMAIN

develop amenities and landscape

  • perate &

maintain

PLDC residential & employment freehold land

sales by PLDC

400 ha 1500 ha

Completion of quarry activities

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Commercial in Confidence

Default Deed Remediation

  • Lake forms with 1:6 stabilised edges
  • Natural water ecosytem in place
  • Two boat ramps
  • Landform stabilised at 95% compaction (non-load bearing) with

1:6 maximum slope landform, not above 100-year flood level

  • 100mm topsoil
  • 125,000 trees
  • Miscellaneous parkland furniture
  • Dedication in large portions upon remediation completion
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Commercial in Confidence

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Commercial in Confidence

Parkland Issues

  • 1. Feasibility of Urban Development requires precinct with

high-quality recreational and aesthetic amenities.

  • 2. Expectations of the community are for an active, high-

quality recreational precinct, significantly more than basic remediation.

  • 3. On-going maintenance and management of parklands

requires:

  • Expensive ecology and water management – $12-15M/annum
  • High level of security to prevent vandalism and abuse
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Commercial in Confidence

Objectives for Parklands

1.Deliver a high quality public domain with passive and active amenities 2.Provide a funding mechanism of no net cost to State and Council 3.Establish a viable management entity for maintenance, evolution and safety

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Commercial in Confidence

Costs of Parkland

  • 1. Cost of basic remediation:

$170M

  • 2. Cost of upgrading parklands over basic remediation:

Lake edges with variation $20M Modulation of landform $15M Riverbank remediation and additional vegetation $35M Public Facilities including Indigenous and European heritage $55M ______ Total $125M

  • 3. Ongoing maintenance cost

$15-19M / annum

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Commercial in Confidence

Existing Funding for Remediation and 10% Deed “levy” from PLDC

For Deed remediation from PLDC $170M Without Residential levy $0 With residential levy over 15 years $250M (approx)

Remediation Obligations

PENRITH LAKES PUBLIC DOMAIN Residential & Employment Freehold Land

Development Costs 10%

Net Sales 90%

Revenues

PLDC

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Commercial in Confidence

Funding Shortfall

Capital Costs $125 M Ongoing Maintenance Costs $15 - $19M/annum

Funding Proposal for Shortfall

Capital Costs from PLDC “levy” $125M Ongoing Maintenance Costs for first 10 years from PLDC “levy” $125M Private Penrith Lakes Trust for year 11 on $15-19M/annum

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Commercial in Confidence

Potential for Private Funding

Examples of private funding in Australia and New Zealand:

  • Cornwall Park in Auckland
  • NSW Primary Schools (9 to date)
  • Hospitals, prisons, roads, waste removal, facilities management

Penrith Lakes’ Challenges:

  • Recreational activities generally low-revenue
  • Significant free access to amenities required
  • Regatta Centre has established unusually high benchmark for amenities

Penrith Lakes’ Advantages:

  • No land cost
  • Significant rehabilitation work done by PLDC
  • Residential sales levy provides revenue stream
  • Similar privately provided precincts globally
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Commercial in Confidence TRUST NSW State Government 99 year lease Public Domain & Regatta Centre

PLDC

Residential & Employment Freehold Land

Penrith Lakes Community Infrastructure

DEVELOPMENT COSTS REVENUES FROM SALES

Land remediation

  • bligations

Fund Sponsor & Manager Operations Management 10% net sales revenues

PUBLIC LANDS & LAKES

Retail/Parking Concessions Research Centre Hospitality Concessions Recreational Concessions CONCESSION REVENUES DEVELOPMENT COSTS

External Funds Equity & Debt

RESIDUAL OWNERSHIP & LAND TITLE

Dedication of Public Domain

Community Amenities Cultural Activities MANAGEMENT & MAINTENANCE Dividends Or P&I

Capital

Proposed Introduction of Private Funding

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Commercial in Confidence

Penrith Lakes Trust Structure

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Commercial in Confidence

Governance Structure

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Real Estate Development Process is…

the socio-economic process by which THE COMMUNITY makes manifest in its BUILT ENVIRONMENT its VALUE SYSTEMS & aspirations with the AGENCY of:

  • Developers & project managers
  • Planners & architects
  • Owners & financiers
  • Contractors & tradesmen
  • Politicians & statutory agencies

Haddad Law Frim

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Lessons for city making:

  • No silver bullet
  • No formulaic approach
  • No advances without mistakes
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Constructive community engagement

Commerce City, CO.

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Improved infrastructure delivery

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Attractive private investment returns

Condo.ca.

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To make a village…

CRE returns infrastructure Community Engagement