Welcome. Today is an opportunity to share your thoughts and ideas for the future of the former Fire Hall and the current Works Yard properties.

Transcription

1 Welcome Today is an opportunity to share your thoughts and ideas for the future of the former Fire Hall and the current Works Yard properties. You ve probably seen the vacant Fire Hall site with its yellow fencing. You may have also heard the conversations about the current Works Yard needing more operational space. And you may have asked what should we do with these properties?

2 Buller St Moray St/Thermal INVESTING IN OUR COMMUNITY INVESTING IN OUR COMMUNITY Ioco Townsite N First Ave April Rd Bert Flinn Park North Shore Wetlands Forest Park Way Ioco Rd Panorama Dr. David Ave Ioco Rd Jacobs Rd Ald e rside Rd Bentley Rd Dowding Rd Proposed New Works Yard Easthill Park 7A Barnet Hwy Port Moody Inlet Old Orchard Park Mercier Rd Ioco Rd San Remo Drive Water St Heritage Mountai n Blv d Clarence St Westhill Park Glenayre Dr Harvard Dr Princeton Av College Park Way Angela Dr Harvard Dr Cecile Dr Chateau Pl Albert St Clarke St St Johns St Elgin St Douglas St Kyle Centre Grant St Mary St Kyle St Queens St Moody St Rocky Point Park St Johns St Hugh St PORT MOODY CENTRE STATION (Evergreen Line) St Andrews St Murray St 7A Inlet Field St Johns St Pigeon Cove Klahanie Dr Murray St Avalon Dr Capilano Rd Morrisey Rd Brew St Ungless Way CITY HALL Works Yard & Former Fire Hall Ioco Rd INLET CENTRE STATION (Evergreen Line) Dewdney Trunk Guildford Dr 7A Clarke St Chines Park (partially developed) This map is intended for general reference only. Not to be used for legal purposes.

3 Why are We Here? The former Fire Hall site and current Works Yard are centrally and strategically located, offering potential for redevelopment and the generation of revenue to help the City fund new or expanded capital facilities and community amenities. City Council wants to hear your feedback on options for these properties to help form part of a Community Investment Plan How can the City invest in community facilities & amenities, and limit costs to its residents? If the properties of the former Fire Hall and current Works Yard were to be sold, how could they support the delivery of community facilities & amenities? 3. How could these properties provide further community benefit and public gathering spaces?

4 Facility & Amenity Needs The City is in need of a number of improved recreational and cultural amenities, as well as new spaces for some of the services it provides: New Inlet Park Sports Field In order to establish an investment plan for the future, the City is exploring ways to generate revenue to offset resident costs associated with these improvements. Replacement Library New/expanded Kyle Centre New expanded Works Yard New park space and facilities Seniors facilities and space Debt repayment Existing Library

5 Library Replacement The Port Moody Public Library is prominently situated in the Civic Centre complex. Formerly located in the old City Hall building, it moved to its current location about 20 years ago. Since then, the surrounding neighbourhood and broader community have changed, and library use has grown accordingly. This well-used facility: Through a 2012 survey, as part of the Library s Community Needs Assessment, the continuing need for a larger facility was recognized. As a result, the Library Board and City Council have been working together to explore options for the development of a new facility. The new library could be approximately 2,320 m 2 is approx. 1,200 m 2 (13,000 sf); has 350,000+ in-person visits annually; lends upward of 600,000 items each year; (25,000 sf), and be located on the public plaza at the Old Fire Hall site. supports 22,000+ active registered borrowers; and offers 400+ programs and classes annually.

6 Inlet Field Replacement Inlet Park accommodates soccer, softball and slo-pitch, and offers a field house, bleachers, and access to the Shoreline Trail. Inlet Park is also the home field to the Port Moody Soccer Association. In 2010, the City started an Inlet Park Redevelopment Feasibility Study. In 2012, Council initiated a phased redevelopment, starting with a multi-use soccer and baseball facility. Future additions could include a clubhouse, batting cage, and extra parking. The future vision for this Council priority is a modern, lighted, all-weather field that provides a much improved playing experience, and receives higher use by a wide range of ages. Source: Google Streetview Draft configuration provided by Port Moody Soccer Association.

7 Kyle Centre Replacement Built nearly 40 years ago, Kyle Centre is particularly popular with older adults. In its 1,031 m 2 (11,100 sf), the facility accommodates: 2,000 sf dance room & kitchen (220-person capacity) The City s Asset Management Investment Plan determined that building elements have reached the end of their service lives. The City s Parks and Recreation Master Plan recommends considering opportunities for renewal, expansion, repurposing, or replacement 1,200 sf activity room (132-person capacity) 800 sf seniors billiard room 600 sf seniors lounge (70-person capacity) of Kyle Centre to meet the needs of the City s growing seniors population, while at the same time providing additional program space for young children and families. 374 sf wet craft room (25-person capacity) 352 sf clean craft room (25-person capacity) 176 sf library lounge (15-person capacity)

8 Barnet Landfill Site Improvements The 11-ha (27-acre) Barnet Landfill received municipal waste from the 1950s to To meet Provincial environmental regulations, the City is officially closing the site with a landfill cover and improved drainage. With this 2017/18 work, there is an opportunity to evaluate the overall site. Council has made the decision to move the Works Yard to this industrial zoned property. Also, there may be a small area for a light industrial park. Upgrades to the Alfred Howe Greenway Trail, which crosses a portion of the site, and other greenspace improvement options have been examined. In 2015, the City received funding to move forward with the remediation, which has been jointly funded through the Small Communities Fund.

9 Fire Hall & Works Yard Sites The new Fire Hall, built next to its old location, was officially opened in February In March 2015, the old building was demolished, making the site available for potential redevelopment. Further down Murray Street, the Works Yard has become too small to support the City s public works operations. RECREATION COMPLEX CITY HALL Ioco Rd Council has made the decision to relocated the Works Yard to the former Barnet Landfill site. NEW FIRE HALL EXISTING WORKS YARD FORMER FIRE HALL SITE Murray St Capilano Rd Morrissey Rd

10 Alternative Methods for Funding Community Amenities As part of Council s Strategic Pl ives and community amenity needs have been identified. Today, your feedback is important to the decision about how the City should best fund these projects. Three options have been prepared: IMPROVEMENT & AMENITY COSTS New Works Yard New Inlet Park Artificial Sports Field New Library New Expanded Kyle Centre & Plaza $11 M $4 M $8 M $8 M Purchase of New Parkland $5 M 1. Capital Debt Financing & increase property taxes to repay debt. Debt Repayment $4 M 2. Create program where all future city-wide development contributes a portion of needed funds. TOTAL $40 M 3. Sell or lease to redevelop former Fire Hall & current Works Yard properties. Note: All amenity costs are order of magnitude and subject to program development and timing.

11 Debt Financing Through Land Lease The leasing of the former Fire Hall & current Works Yard sites could provide amenity funding, but would present challenges to the City and the development community. 1. As developers prefer to acquire land as a fee simple land sale, acquiring the land under a leasehold is estimated to provide the discounted revenue streams shown below. 2. The City has been advised that encumbering the land under a leasehold will limit the number of interested developers since there are other unencumbered sites in the area. Recent discount factors provided by the development industry estimate the land could be discounted 15% to 25% under a leasehold arrangement. The lease term contemplated is 99 years. 3. Leasing presents a financial risk should anything go wrong in the lease arrangement, and the City has already used the cash to finance amenities. There would also be accounting implications ESTIMATED DISCOUNT DISCOUNTED requiring the City s Financial Statements to LAND VALUE FACTOR VALUE identify the lease arrangement and note that Former Fire Hall & 15% $34,850,000 lease revenues received are deferred, recorded $41,000,000 Current Works Yard 25% $30,750,000 as a financial liability, and earned over time.

12 Debt Financing & Raising Taxes If the City opts not to sell the former Fire Hall and current Works Yard properties, funds could be raised through Capital Debt financing. This would require funding be repaid through an increase in community property taxes. The table shows the impact of paying for amenities with taxes. On a typical annual tax bill for a house, this would represent an increase of $140 per year. POTENTIAL AMENITY CAPITAL DEBT FUNDING ANNUAL DEBT SERVICE COST PROPERTY TAX IMPACT New Works Yard $11,000,000 $655, % New Inlet Field $4,000,000 $238, % New Library $8,000,000 $476, % New Kyle Centre & Plaza $8,000,000 $476, % Purchase of New Parkland $5,000,000 $298, % Other Amenities $4,000,000 $238, % TOTAL $40,000,000 $2,381, %

13 Community Amenity Contributions & Density Bonusing A COMMUNITY AMENITY CONTRIBUTION (CAC) PROGRAM could require all future development in the City to contribute a portion of facilities and/or amenity funding. Amenities can be things like affordable housing, community spaces, childcare spaces, greener development, or a cash contribution. WHAT ARE CACs? In BC, many cities are looking for ways to deliver amenities not attainable through development charges without increasing municipal property taxes. Once a program is in place, CACs are typically calculated as a value of the floor area of new space created by a rezoning. CACs are a voluntary program with developers, and must be negotiated on a case-by-case basis. DENSITY BONUSING could also require all future development in the City, above a prescribed floor area or base density, to contribute to facilities and/or amenity funding. WHAT DOES THIS MEAN? Currently, a general CAC program, and/or Density Bonusing approach does not exist in the City. If either approach were introduced to generate the same funding levels as redevelopment of the former Fire Hall and current Works Yard, based on similar programs elsewhere in the Metro region, it could take a long time, depending on the market (10+ years) or 11 high-rise towers elsewhere in the community, to accomplish the same thing. Amenities needed today may have to wait until the funds are collected. Alternatively, funds could be borrowed up front and paid back as the amenity contributions are collected. This carries risk as the generation of these types of revenue sources are uncertain and inconsistent, whereas the debt payments would be regular WHAT IS DENSITY BONUSING? In BC, cities can plan in the Zoning Bylaw to allow additional steps of development density in exchange for set cash or amenity contributions and committed. Borrowing under these conditions would not be recommended unless other funds were identified to meet the debt commitments should the amenity contributions not materialize. to a city. The contributions are based on the value of each step of increased density to a developer, and what amenities can be bought with it. The permitted steps are not negotiable once established.

14 Preliminary Design Concepts Another way to raise funds is to consider the sale and redevelopment of the former Fire Hall and current Works Yard properties. To help the community determine the value the properties may represent, three conceptual options have been developed low, medium and high-density. The visual displays demonstrate possible building forms, site features, environmental impacts, and the resulting community amenities. The options shown are intended for discussion purposes, and require further study and detail. LOW DENSITY All 4-storey development. Takes the most land for buildings and leaves the least available for public and private open space. Could generate approximately $21 million. MEDIUM DENSITY Mix of building heights, comprises 4 and 12-storey development. Provides middle range amount of public and private open space. Could generate approximately $32 million. HIGH DENSITY Building heights of 4,17 & 29-storeys (Old Fire Hall) and two 21-storey towers (Works Yard). Least land for buildings and the most for public and private open space. Could generate approximately $40 million. Note: All potential revenue returns are subject to market conditions at the time of sale and detailed site conditions.

15 Guiding Principles All three concepts uphold the recently updated Official Community Plan. Draft guiding principles for this site could include: Ensure best use of highly visible, accessible, strategic, landmark location. Support Transit-Oriented Development focus higher density forms of development around Evergreen Line transit stations & along transit corridors. Ensure high quality building & site design. Create distinct identity & sense of place. Introduce a mix of uses and experiences. Maximize open space opportunities through appropriate development forms. Provide a safe & attractive destination during the daytime, evenings & weekends. Provide safe pedestrian access across Murray Street & Ioco Road. Capitalize on & protect Suterbrook Creek. Optimize development & community value. Strengthen City Hall/Recreation/Inlet Theatre as a destination for singles, families & seniors.

16 Inlet Centre Vision Inlet Centre is home to Port Moody s higher density residential and commercial developments, providing a range of housing choices and local shopping and employment opportunities. The more intensive mix of land uses, in a close proximity to transit, reduces automobile usage and fosters a The Official Community Plan speaks to the ongoing and planned development in the Inlet Centre area by calling for the creation of urban plazas, public gathering spaces, and a connected series of greenways, trails and parks extending from the civic centre to the Inlet Centre SkyTrain station. strong pedestrian-oriented environment. Council s current policy requires all vacant or underdeveloped publicly-owned property be designated for highest and best use. General OCP directions include: Create higher density transit oriented developments; Enhance pedestrian and cycling connections between and within neighbourhoods; Create pedestrian-focused neighbourhoods with amenities, affordable housing, and social and cultural facilities; and Protect environmentally sensitive areas, forests, streams, and aquatic ecosystems.

17 Issues & Opportunities IMPROVE PEDESTRIAN ACCESS TO RECREATION COMPLEX THROUGH PARKING AREA? IOCO ROAD In considering the future POTENTIAL NATURALIZED WATER FEATURE, COMMUNITY GATHERING SPACE OR PLAY AREA? SUTERBROOK CREEK & TRIBUTARY 15-METRE STREAM SETBACK? NEW PEDESTRIAN NETWORK CONNECTIONS TO CITY HALL & INLET CENTRE? 15-METRE SETBACK FROM TOP OF BANK? for the former Fire Hall and current Works Yard properties, it is useful to examine the site, and the possible issues and opportunities that may present themselves. RESTORE RIPARIAN AREA CURRENTLY INCORPORATED INTO WORKS YARD CONSIDER NEW PLAZA & WATER/ART LANDSCAPE FEATURE AS CENTREPIECE FOR REDEVELOPMENT? This illustration attempts to identify some of the key issues and opportunities. WORKS YARD SITE OLD FIRE HALL SITE POSSIBLE LOCATION FOR LIBRARY? PROPOSED NEW ENTRANCE OPPOSITE CAPILANO ROAD? MURRAY STREET PEDESTRIAN CONNECTION TO SKYTRAIN STATION? EXISTING PATH; CONSIDER ENHANCED STREAMSIDE INTERPRETIVE PATH SYSTEM WITH IMPROVED LIGHTING? CAPILANO ROAD MORRISSEY ROAD N

18 Urban Design Opportunities Provide formal & informal open spaces for public gathering. Introduce mixture of commercial/institutional land uses at grade, with residential above. Provide good pedestrian connections between the sites & City Hall/recreation facilities. Enhance Suterbrook Creek. Consider new water/landscape/art feature at Ioco/Murray intersection. Provide visual alignment with Brew Street. Provide street intersection with Capilano Road. Provide improved pedestrian experience along north side of Murray Street & west side of Ioco Road. Prairie Wind Sculpture, River Landing, Saskatoon SK By SriMesh - Own work, CC BY-SA 3.0, wikimedia.org/w/index.php?curid=

19 I N VE S T I N G I N O U R CO M M U N I T Y LOW DENSITY CONCEPT PORT MOODY RECREATION COMPLEX CIVIC CENTRE PEDESTRIAN/CYCLIST CONNECTIONS TO CIVIC FACILITIES & SURROUNDING COMMUNITY POTENTIAL NATURALIZED POND & COMMUNITY GATHERING PLACE FIRE HALL Building Number NEW STREAMSIDE INTERPRETIVE WALKS IOCO R RIPARIAN AREA SETBACK 4s B4 4s POS POTENTIAL NEW LIBRARY 4s B3 POS 4s B2 4 70,000 B2 4 65, ,000 WORKS YARD PARCEL OAD 4s B5 Gross Floor Area (sf) B1 FIRE HALL SUBTOTAL POS RAILWAY SETBACK Number of Storeys FIRE HALL PARCEL SUTERBROOK CREEK RIPARIAN RESTORATION AREA RESIDENTIAL SITE DATA B3 4 40,000 B4 4 55,000 B5 4 55,000 WORKS YARD SUBTOTAL 150,000 TOTAL 285,000 B1 NEW WATER/ART LANDSCAPE FEATURE POTENTIAL NEW PUBLIC EVENT AREA PEDESTRIAN ACCESS MURRAY STREET PRIVATE OPEN SPACE 43% 57% PUBLIC OPEN SPACE MOR RISS EY ROA D CAP ILAN O ROA D N PEDESTRIAN CONNECTION TO INLET STATION/SKYTRAIN POS POTENTIAL ADDITIONAL PUBLIC OPEN SPACE Notes: 1. Riparian area boundaries & setbacks are subject to survey & finalization. 2. All boundaries are subject to finalization by survey.

20 I N VE S T I N G I N O U R CO M M U N I T Y MEDIUM DENSITY CONCEPT PORT MOODY RECREATION COMPLEX CIVIC CENTRE PEDESTRIAN/CYCLIST CONNECTIONS TO CIVIC FACILITIES & SURROUNDING COMMUNITY POTENTIAL NATURALIZED POND & COMMUNITY GATHERING PLACE RESIDENTIAL SITE DATA FIRE HALL Building Number NEW STREAMSIDE INTERPRETIVE WALKS IOCO R 12s RAILWAY SETBACK 4s POS POTENTIAL NEW LIBRARY 12s B1 B4 POS 4s B2 POS 190,000 B2 4 40, ,000 B ,000 B4 4 40,000 WORKS YARD SUBTOTAL 230,000 TOTAL 460,000 NEW WATER/ART LANDSCAPE FEATURE POTENTIAL NEW PUBLIC EVENT AREA PEDESTRIAN ACCESS MURRAY STREET PRIVATE OPEN SPACE MOR RISS EY ROA D CAP ILAN O ROA D N 12 WORKS YARD PARCEL POS B3 B1 FIRE HALL SUBTOTAL OAD RIPARIAN AREA SETBACK POS Gross Floor Area (sf) FIRE HALL PARCEL SUTERBROOK CREEK RIPARIAN RESTORATION AREA Number of Storeys 46% 54% PUBLIC OPEN SPACE PEDESTRIAN CONNECTION TO INLET STATION/SKYTRAIN POS POTENTIAL ADDITIONAL PUBLIC OPEN SPACE Notes: 1. Riparian area boundaries & setbacks are subject to survey & finalization. 2. All boundaries are subject to finalization by survey.

21 I N VE S T I N G I N O U R CO M M U N I T Y HIGH DENSITY CONCEPT PORT MOODY RECREATION COMPLEX CIVIC CENTRE RESIDENTIAL SITE DATA PEDESTRIAN/CYCLIST CONNECTIONS TO CIVIC FACILITIES & SURROUNDING COMMUNITY POTENTIAL NATURALIZED POND & COMMUNITY GATHERING PLACE SUTERBROOK CREEK Building Number FIRE HALL NEW STREAMSIDE INTERPRETIVE WALKS IOCO R B6 POS 110,000 B2 4 24,000 B3 4 16,000 B ,000 B2 POS NEW LIBRARY 29s 4s B4 B3 B1 NEW WATER/ART LANDSCAPE FEATURE POTENTIAL NEW PUBLIC EVENT AREA MURRAY STREET B ,000 B ,000 WORKS YARD SUBTOTAL 270,000 TOTAL 610,000 PEDESTRIAN ACCESS PRIVATE OPEN SPACE MOR RISS EY ROA D CAP ILAN O ROA D N 340,000 WORKS YARD PARCEL 4s 17s POTENTIAL POS 21s 17 FIRE HALL SUBTOTAL POS B5 RAILWAY SETBACK B1 OAD 21s POS Gross Floor Area (sf) FIRE HALL PARCEL RIPARIAN AREA SETBACK RIPARIAN RESTORATION AREA Number of Storeys PUBLIC OPEN SPACE PEDESTRIAN CONNECTION TO INLET STATION/SKYTRAIN POS 32% 68% POTENTIAL ADDITIONAL PUBLIC OPEN SPACE Notes: 1. Riparian area boundaries & setbacks are subject to survey & finalization. 2. All boundaries are subject to finalization by survey.

22 Community Benefits Based on the policy directions, the sale and redevelopment of the former Fire Hall and current Works Yard properties could generate the following benefits: Provides capital funding for a range of community services. Provides opportunity to create a landmark City Centre location with public uses (such as Provides significant public amenities at a key location. Supports the SkyTrain station & reinforces existing urban node at Ioco Road & Murray Street. an expanded library) & new public space for community events. Provides a showcase for sustainable forms of energy efficient development and stream enhancement. Reinforces a compact urban form by placing density around existing infrastructure, a location served by transit, and existing cycling & pedestrian connections.

23 Active Space Benefits All three concepts provide for additional and enhanced pedestrian connections to the civic centre facilities and amenities. There is also an opportunity for a new public plaza adjacent to a replacement public library. The amount of open space depends on building form.

24 Active Space Comparison LOW DENSITY MEDIUM DENSITY HIGH DENSITY 57% Private Development Footprint, 43% Public/Private Open Space, 46% Private Development Footprint, 54% Public/Private 32% Private Development Footprint, 68% Infrastructure (Roads), Public Amenity Public/Private Infrastructure Pedestrian Access Infrastructure Open Space, Open Space, (Roads), (Roads), Pedestrian Access Pedestrian Access Public Amenity Public Amenity Note: All calculations are approximate and are subject to finalization by survey.

25 Environmental Enhancement Benefits New opportunities are also presented to enhance Suterbrook Creek, and provide for educational and interpretive viewing. These opportunities include: Reclamation of streamside lands along the western bank of Suterbrook Creek that currently form part of the Works Yard; Creation of additional view points and natural interpretative areas; and Creation of a new pedestrian bridge feature.

26 Financial Benefits HIGH DENSITY CONCEPT Site development maximized with densified Inlet Centre, mixed use commercial/residential of approximately 57,000 m² (610,000 sf). POTENTIAL RETURN FROM SALE OF BOTH SITES Old Fire Hall Site POTENTIAL BENEFITS (Capital funding for community amenities) New Works Yard (relocated to old landfill site) $11M New Inlet Park Artificial Sports Field $4M New Library $8M New/Expanded Kyle Centre with Plaza $8M Works Yard Site Purchase of New Parkland (e.g., North side of Murray Street) $5M Note: All potential revenue returns are subject to market conditions at the time of sale and detailed site conditions. All amenity costs are order of magnitude and subject to program development and timing. Debt Repayment, Other Amenities/ Improvements TBD $4M $40 Million $40 Million

27 Financial Benefits MEDIUM DENSITY CONCEPT POTENTIAL RETURN FROM SALE OF BOTH SITES POTENTIAL BENEFITS (Capital funding for community amenities) New Works Yard (relocated to old landfill site) $11M Medium density site development with Inlet Centre, mixed use commercial/residential of approximately 43,000 m² (460,000 sf). Old Fire Hall Site New Inlet Park Artificial Sports Field $4M New Library $8M Works Yard Site New/Expanded Kyle Centre with Plaza $8M Note: All potential revenue returns are subject to market conditions at the time of sale and detailed site conditions. All amenity costs are order of magnitude and subject to program development and timing. $32 Million $32 Million

28 Financial Benefits LOW DENSITY CONCEPT POTENTIAL RETURN FROM SALE OF BOTH SITES Old Fire Hall Site POTENTIAL BENEFITS (Capital funding for community amenities) New Works Yard (relocated to old landfill site) $11M Low density site development with Inlet Centre, mixed use commercial/residential of approximately 26,500 m² (285,000 sf). Works Yard Site New Inlet Park Artificial Sports Field $4M New Library $8M $21 Million $23 Million Note: All potential revenue returns are subject to market conditions at the time of sale and detailed site conditions. All amenity costs are order of magnitude and subject to program development and timing. Shortfall of $2 million relative to benefit costs.

29 Improving Connections to the Civic Campus As part of redeveloping the former Fire Hall & Creating a new path through the parking area; current Works Yard sites, there are opportunities to improve pedestrian access to Murray Street, Introducing new landscaping; and and the Suterbrook Village. The current route is blocked by cars, with no dedicated pedestrian connection to the recreation complex. There are Considering a new water or other feature, such as a play area, at the end of the creek. opportunities to improve this connection by:

30 What is a Public Space? VISUAL EXPLORER GAME How Do I Play? If a picture is the same as a 1,000 words, what do these pictures say to you? On the table are all sorts of images from a variety of open, natural and urban settings. Do not worry about finding that one picture that shows your ideal space. Instead, pick out an image that tells a story closest to the one YOU envision for the former Fire Hall and current Works Yard sites IMAGINE Think of the kinds of spaces you enjoy and would like to see more of in Port Moody. BROWSE & SELECT Select an image from the available collection that tells a part, or all, of your story. REFLECT Take a moment to write or draw how, or why, the image relates to your vision. NOTE: The images were randomly chosen from 1,000s of photos from across the globe. They do not, nor are they intended, to represent Port Moody, the old Fire Hall site, the current Works Yard, or any particular future. Their role is simply to help inspire you. 4. SHARE Place your story on the wall, and enjoy the contributions of others.

31 How Would You Invest? A number of significant facility improvements and community amenities are needed in our STEP 2: PRIORITIZE What investment strategy should the City explore? community. Your input will be valuable as Council considers how to best fund these projects. 1. Generate funds through sale/lease and redevelopment of the former Fire Hall & If you were the Mayor for the Day, what investment plan would you create? STEP 1: REFLECT Think about what you ve learned today in terms of the community s facility improvement and amenity needs. current Works Yard sites. 2. Raise funds through Capital Debt Financing & increase property taxes to repay debt. 3. Create a community amenity contribution program where all future city-wide development will contribute a portion to the needed funds. STEP 3: INVEST Use your PORT MOODY DOLLAR that you received when you entered today to indicate which option you feel is the most financially sustainable way for Port Moody to invest.

32 Bring Your Ideas About How to Invest in Our Community to Life! VIDEO CHAT Present the City with a video message to share your ideas for the former Fire Hall site and current Works Yard property. u 1. Take a few minutes, and tell us what you would like to share. 2. Stand beside the I wish this was sign. 3. Speak, sing, perform, etc., in front of the camera you only have 3 minutes! NOTE: Waivers will be required, allowing the City to share your thoughts throughout the process.

33 Write Yourself a Postcard! IT S 2100! Write a postcard to yourself, or someone you know today, from the future. Describe what you see, hear, smell, feel, and experience. u June 11, Grab a blank postcard. Finish the sentence on the card, using the pens, crayons & markers provided OR draw Dear I m standing where the old Fire Hall and former Works Yard used to be. I wish you were here to see your own picture of the future you see. greetings from 2100! 3. When you re done, find a staff member to help you stick your postcard on the wall for all to see & share!

34 Port Moody Discovery The range of options drafted help illustrate how redevelopment might support investment in 2 storeys our community. FLOOR PLATE AREAS 3,800 sf 350 m 2 ARE THERE OTHER OPTIONS? How Do I Play? TOWER 5,700 sf 530 m 2 TOWNHOUSE 7,600 sf 700 m Using LEGO blocks, share your ideas about options for the former Fire Hall & current Works Yard sites. When you re done, tell us how many blocks you used. How did you stack them? What APARTMENT 11,400 sf 1,060 m 2 PODIUM & TOWER 22,800 sf 2,100 m 2 kinds of open spaces did you create? Each LEGO block represents a certain amount of building floor space 3. Describe your approach to delivering the identified list of amenity needs. and height. A total of 160 blocks generally equals the investment levels identified for the community amenities.

35 Built Form Precedent Images 4 STOREY LOW-RISE BUILT FORM 6 12 STOREY MID-RISE BUILT FORM STOREY HIGH-RISE TOWER BUILT FORM