STEERING COMMITTEE October 14, Burlington Comprehensive Master Plan: Schedule, Market Study, Goals and VPS

Transcription

1 STEERING COMMITTEE October 14, 2014 Burlington Comprehensive Master Plan: Schedule, Market Study, Goals and VPS 1

2 Schedule 2

3 Market Study Phase I (for meeting in November) Demographic and economic profile from A.C. Nielsen Claritas Site Reports. Comparison of key demographic and economic indicators to surrounding market area/region (to be determined) Analysis of historical trends in inventory, vacancies, and lease rates for office, industrial/warehouse, flex, and retail space and short term forecasts in net absorption using Co Star Property Information Systems Historical employment trends by major economic sector in Burlington using MassDOL ES202 data series Summary comparison of fiscal revenues from residential and commercial property taxes, Burlington compared to surrounding communities, using MassDOR and local data 3

4 Market Study Phase II [To be determined] Interviews with major property owners, developers, real estate brokers, economic development professionals; Employment forecasts and space demand by type (office, industrial, retail) using FXM's proprietary Space Demand Model; Forecast of demand for housing by age and income of householder, rental and sales using FXM proprietary Housing Demand Model; Comparisons for Burlington's competitive advantages/disadvantages; Optimal mix of land uses (residential, office, retail); Identify and evaluate of key infrastructure and other investments necessary to assure continued competitive advantages. 4

5 POSSIBLE MASTER PLAN GOALS> Build Resilient Economy and Quality of Life Maintain position as regional center of commerce Nurture competitive advantages Engage in regional cooperative efforts Maintain quality-of-life assets Maintain reasonable costs as a place to live and do business 5

6 POSSIBLE MASTER PLAN GOALS> Resource Conservation and Value Enhancement Balance development with green space: Enhance land value with open space Promote environmental stewardship Retain and improve open spaces Add green infrastructure 6

7 POSSIBLE MASTER PLAN GOALS> Transportation and Circulation Reduce Congestion Improve Mobility and Accessibility Build Better Transit 7

8 Visual Preference Survey Online survey Diversity of areas under consideration 8

9 BURLINGTON SNAPSHOT> Town Green 9

10 BURLINGTON SNAPSHOT> Land Locked Forest 10

11 BURLINGTON SNAPSHOT> Mill Pond Reservation 11

12 BURLINGTON SNAPSHOT> Francis Wyman House 12

13 BURLINGTON SNAPSHOT> Network Drive 13

14 BURLINGTON SNAPSHOT> 3 rd Ave Development 14

15 BURLINGTON SNAPSHOT> Burlington Mall 15

16 BURLINGTON SNAPSHOT> Lahey Clinic 16

17 BURLINGTON SNAPSHOT> Oracle 17

18 BURLINGTON SNAPSHOT> Marriott 18

19 BURLINGTON SNAPSHOT> Seven Springs Neighborhood 19

20 BURLINGTON SNAPSHOT> Winnmere Neighborhood 20

21 BURLINGTON SNAPSHOT> Arboretum Neighborhood 21

22 BURLINGTON SNAPSHOT> Briarwood Neighborhood 22

23 BURLINGTON SNAPSHOT> Beaverbrook Neighborhood 23

24 Visual Preference Survey Images for Choices Open Space Neighborhood Retail Large-Scale Retail Neighborhood Office Large-Scale Office Park Mixed Use Townhouses Multifamily Parking Garage Treatments 24

25 Visual Preference Survey Parking Lot Treatments Gateways Streetscape Crosswalks Sidewalks Screening Lighting Wayfinding 25

26 Visual Preference Survey 26

27 Visual Preference Survey 27

28 Visual Preference Survey 28

29 Visual Preference Survey 29

30 Visual Preference Survey 30

31 Next Meeting 31