Bidders Conference 4 th /5 th & Arizona
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1 WILSHIRE BLVD. Arizona LINCOLN BLVD. Bidders Conference 4 th /5 th & Arizona 5 th Street 4 th Street June 11, 2012 A sophisticated urban neighborhood a place symbolic of California coastal life. - Resident s comment from Discover Santa Monica Guidebook (LUCE)
2 Current Capital Improvement Projects
3 Expo Light Rail Three stations in Santa Monica Bergamot 17 th Street Downtown Currently under construction Completion Date 2015/16
4 Expo Light Rail - Bergamot Station
5 Expo Light Rail Colorado/17 th Street Station
6 Expo Light Rail Downtown Station 4 th Street & Colorado Avenue
7 The Colorado Esplanade Pedestrian Promenade from Expo Terminus Station to Santa Monica Pier Final Design Approval to City Council Summer, Sidewalk, Dedicated Bike Lane and One-Way Westbound Traffic
8 Civic Projects Projects Early Childhood Education Center(ECEC): labschool/childcare facility for 100 infant, toddlers & pre-schoolers operated by SMC Palisades Garden Walk/Town Square: 7 acre park Civic Auditorium: Renovation of facility Samohi Science and Technology Building: replacement of science building with new science classroom building (measure BB) Timeline/Chronology ECEC: PGW/TS: spring spring 2014 Civic Auditorium: winter spring2014 Samohi Science and Technology Building: Summer
9 Palisades Garden Walk Currently under construction Completion scheduled for late 2013
10 Parking Structure 6 Currently under construction (to be completed Fall Parking spaces 10
11 Current Development Projects
12 The Village Mixed-Use Project 318 Residential Units 20,000 SF of Neighborhood-Serving Retail and Restaurants Includes completion of Olympic Drive, linking Main Street to Ocean Avenue Currently under construction
13 nd Street Mixed-Use Project 4-story 56 Residential Units Ground Floor Neighborhood-Serving Retail Subterranean Parking Hearings scheduled for Fall, 2012
14 rd Street 10,000 SF New Commercial Building on Third Street Promenade Future home of Apple store
15 401 Broadway Mixed-Use Project 5-story 56 Residential Units 2 Basement Levels 1 level commercial space 1 level residential amenities Final Approval by City Council in December, 2011 DA Amendment to Add Subterranean Parking Currently Pending
16 th Street Retail Office Building Approved July, 2011
17 th Street (AMC Theater) 12-Screen Movie Theater 2100 SF of Retail Tenant Space 1800 SF of Restaurant/Lounge Space open to the public EIR Currently Underway Hearings scheduled for Winter, 2012
18 5 th and Colorado Hotel Projects 501 Colorado 136-room Courtyard Marriott 136-roomHampton Inn & Suites Council Float-up Approved April, 2012 EIR Currently Underway Final Hearings Spring/Summer th Street
19 525 Broadway Mixed-Use Project 122 Residential Units Ground-floor Retail Subterranean Parking Approved - April, 2011
20 519 Santa Monica Mixed-Use Project 40 Residential Units 8500 SF Retail Subterranean Parking Currently Under Construction
21 7 th & Arizona Mixed-Use Project 106 residential units 9000 SF Neighborhood- Serving Retail Final Approval by City Council in 2011
22 710 Wilshire 265-room Hotel Project 19,000 SF Retail Preservation of existing landmark Santa Monica Professionals Building Built in 1928 Final Approval by City Council March, 2012
23 1447 Lincoln/829 Broadway Mixed-Use Project 5-story 196 Residential Units 12,000 SF of Neighborhood- Serving Retail Currently Under Construction
24 1650/1660 Lincoln Mixed-Use Project 6-story 180 Residential Units 3000 SF of Neighborhood- Serving Retail 2 levels subterranean parking Hearings Scheduled for Summer/Fall, 2012
25 Miramar Revitalization Plan Corner of Ocean and Wilshire Includes retention and rehabilitation of existing Palisades Building and preservation of the landmark Moreton Bay Fig Tree. 265 hotel rooms 120 condo units Council Float-Up Approved April, 2012 EIR Currently Underway Final Hearings Spring/Summer 2013
26 301 Ocean Avenue Residential Project 20 Units Approved 2011
27 Wilshire Arizona Santa Monica 4 th /5 th & ARIZONA Downtown 27 4 th /5 th Arizona: Context Downtown Residential 5 th Street 4 th Street To and From Light Rail 3 rd St. Promenade & Farmers Market Santa Monica Place
28 28 Community Workshops Visioning Workshops March 16 th 2011 March 24 th 2011 Alternatives Workshop January 26 th 2012
29 29 What the Community Said Highlights Open Space flexible gathering space; seasonally programmable Animated ground floor uses Varied balanced mix of uses Strong Downtown Anchor compliments existing uses Easy Mobility & TDM Sustainable green development Local Serving extends Promenade vibrancy Nightlife-friendly A Special Place creative and iconic
30 30 What the Community Said Varying Opinions Parking Replacement parking only (339 spaces) Replacement parking + parking for new uses Maximize parking Height Tall enough to take advantage of ocean views Tall buildings are O.K. if it allows for more public benefits particularly open space Mix of Uses Desire for nightlife Desire for value-oriented retail Local-serving uses that appeal to families and people of all ages Residential
31 31 What We Studied - A Range of Potential Scenarios Varied uses, smaller and larger open spaces, varied height options, stepbacks, setbacks, mass, density, and intensity options, existing and varied zoning concepts - all in context 1 2
32 32 What We Studied - A Range of Scenarios Varied uses, smaller and larger open spaces, varied height options, stepbacks, setbacks, mass, density, and intensity options, existing and varied zoning concepts - all in context 3 4
33 33 Scenario 1 Utilize typical development parameters; incorporate value-oriented retail use with housing above Height: 56 ; FAR 2.25; Open Space 37,000 SF 5 th Street 4 th Street
34 34 Scenario 2 Full accommodation of existing zoning; with hotel, office, and residential uses Height: 84 /76 ; FAR 2.85; Open Space 38,500 SF 5 th Street 4 th Street
35 35 Scenario 3 Optimize FAR with Hotel, office, and residential uses with standard open space Height: 84 /76 /110 ; FAR 2.85; Open Space 38,500 SF 5 th Street 4 th Street
36 36 Scenario 4 Optimize open space with additional height; residential and hotel over retail uses Max. Height: 35 /56 /110 ; FAR 2.25; Open Space 44,750 SF 5 th Street 4 th Street
37 37 Lessons Learned Site can accommodate variety of uses, catalytic site, opportunity for vibrancy and northern anchor Flexible outdoor open space: a community benefit to nurture the opportunity for locals to gather Height exceptions with great architecture allow for increased open space Community benefits can be achieved with right development configuration
38 38 Lessons Learned Community would not support above grade parking Subterranean Parking is expensive but desired/needed in appropriate amount: $38k - $56k per space; $21k for automated long term parking Shared parking provides efficiencies and flexibility
39 39 Lessons Learned Uses with special needs Value oriented retail concerns about compatibility with many uses Residential - requires dedicated parking making shared parking less efficient Benefits by use Retail / Restaurant = sales tax, employment, contributes to overall Downtown vibrancy Hotel = employment, TOT revenue, supports restaurants & retail Office = employment, higher paying jobs, business retention, business taxes, supports Downtown restaurants & retail, supports jobs/ housing balance and trip reductions goals Residential = 24/7 vibrancy, trip reduction, opportunities for stable residential base
40 40 Lessons Learned Planning for circulation and alternative transportation are critical Realizing great architecture requires communication and vision
41 41 ANTICIPATED PROCESS We are here Visioning: Community Process PC Downtown SM Inc. Develop Alternatives Staff & Consultants Review Alternatives: Community Process PC Downtown SM Inc. Develop RFQ Guidelines PC/ Council Approval of Program Solicit partner Council selects Developer Entitlements: DA Use terms EIR/Specific Plan Community Input Community Input Community Input Community Input Community Input S u m me r / F a l l W i n t e r / S p r i n g S u m m e r / Downtown Specific Plan
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