When the Plan is not Enough

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1 When the Plan is not Enough Christine Maguire, AICP, EDFP Redevelopment Manager Planning & Community Development 1 Rail~Volution 2012 When the Plan is Not Enough: Garland, TX 16 October 2012

2 About the Garland Community 2010 Census: 226,876 12th most populous city in the State First ring suburb of Dallas Diverse resident and workforce: 66 native languages in GISD 2 Rail~Volution 2012 When the Plan is Not Enough: Garland, TX

3 3 Rail~Volution 2012 When the Plan is Not Enough: Garland, TX

Build-out Scenarios 20-Year estimate on remaining developable land 2010-2030 Current Higher Density Value New Construction $2.55 B $4.

4 Build-out Scenarios 20-Year estimate on remaining developable land Current Higher Density Value New Construction $2.55 B $4.35 B Total New Residents 16,857 37,562 Remaining Vacant Developable Land (6% land area) 4 Rail~Volution 2012 When the Plan is Not Enough: Garland, TX

Envision Garland 20 Year Development Roadmap A citywide master plan guiding the physical and economic development of the City of Garland through the year 2030 Provides an implementation ready outline

5 Envision Garland 20 Year Development Roadmap A citywide master plan guiding the physical and economic development of the City of Garland through the year 2030 Provides an implementation ready outline of goals, policies, and concepts for how the City should grow Identifies strategic, short-term actions designed to provide visible progress over time City Council adoption: March 20, Rail~Volution 2012 When the Plan is Not Enough: Garland, TX

Real Estate Portfolio of Catalyst Areas and Targeted Investment Areas Managing a portfolio of assets What development could work on the site Example projects that would meet the community s

6 Real Estate Portfolio of Catalyst Areas and Targeted Investment Areas Managing a portfolio of assets What development could work on the site Example projects that would meet the community s vision Financial gap between cost of the project and market return Strategies to fill the gap and fulfill the community s vision 6 Rail~Volution 2012 When the Plan is Not Enough: Garland, TX

7 Garland Transit DART Bus and Rail Downtown Light Rail Station Blue Light Rail Line Forest-Jupiter Light Rail Station S. Garland Bus Transfer Station Duck Creek Bus Transfer Station Note: 2008 Bus Lines 7 Rail~Volution 2012 When the Plan is Not Enough: Garland, TX

8 TOD Opportunities Downtown Revitalization Forest-Jupiter Centerville Marketplace 8 Rail~Volution 2012 When the Plan is Not Enough: Garland, TX

9 Targeted Area Initiatives Downtown Revitalization 9 Rail~Volution 2012 When the Plan is Not Enough: Garland, TX

Downtown Revitalization Downtown Redevelopment Implementation Plan (2005): City Hall DART Rail Station Priority should be given to the Downtown s Core Facilitate vertical mixed use (apartments over

10 Downtown Revitalization Downtown Redevelopment Implementation Plan (2005): City Hall DART Rail Station Priority should be given to the Downtown s Core Facilitate vertical mixed use (apartments over retail) Target infill development in specific locations Assemble key pieces of land Encourage the development of structured parking DART Light Rail Station as a catalyst for development Square 10 Rail~Volution 2012 When the Plan is Not Enough: Garland, TX

DART Light Rail Station Dallas County Government Center Land Swap Vacant Kroger s Consolidate JP, Tax, Constables and Probation Offices under one roof: Efficiencies for Dallas County Adaptive reuse

11 DART Light Rail Station Dallas County Government Center Land Swap Vacant Kroger s Consolidate JP, Tax, Constables and Probation Offices under one roof: Efficiencies for Dallas County Adaptive reuse of vacant 41,000 s.f. in Downtown City sale of County Office land leverages Dallas County Community College Richland Campus City acquisition of County JP s Office enables land assemblage for Fifth Street Crossing 11 Rail~Volution 2012 When the Plan is Not Enough: Garland, TX

12 Fifth Street Crossing Phase I Private Partner Est. Private Investment: Public Investment: Results: Trammell Crow $22 million Land assemblage/swaps Tax Increment Finance (TIF) District payments generated from the development Upgrade storm sewer and sanitary sewer Streetscape enhancements Construction of structured parking garage Renovation of 41,000 s.f. Kroger s into Dallas County Government Center Construction of $12.3 million Richland College Campus LEED Platinum workforce training center 380 space public and private parking garage Mixed-use development consisting of 189 units of apartments 11,400 s.f. of first-floor commercial Streetscape enhancements Renovation of Utility Services Building as LEED Silver Award: Celebrating Leadership in Development Excellence (CLIDE) * New Development 2009 Center for Development Excellence 12 Rail~Volution 2012 When the Plan is Not Enough: Garland, TX

13 Second Phase of TOD Fifth Street Crossing Next Phase in Downtown s Evolution (cont.) Partnership Oaks Properties, LLC City of Garland VAI Architect JHP Architecture Scope 190 rental units Ground floor flex-space Space shared parking garage Update City Hall exterior Streetscape enhancements 13 Rail~Volution 2012 When the Plan is Not Enough: Garland, TX GARLAND CITY CENTER

14 View of 5 th Street at Austin Street 14 Rail~Volution 2012 When the Plan is Not Enough: Garland, TX

15 Targeted Area Initiatives Forest Jupiter Transit Oriented Redevelopment Strategy 15 Rail~Volution 2012 When the Plan is Not Enough: Garland, TX

Forest/Jupiter TOD Economic Development Strategies

to large employment / manufacturing district Successful

Increment Finance District DART Platform DART Parking Lot

connectivity and access Unmet market opportunity Lack of

building stock Forest / Jupiter TIA Boundary Forest/Jupiter

Park/Walnut Glen Academy Existing Multifamily on Barnes Drive

16 Forest/Jupiter TOD Economic Development Strategies Opportunities: Centered on Forest Lane DART station Adjacent to large employment / manufacturing district Successful existing civic uses (library, school and park In a Tax Increment Finance District DART Platform DART Parking Lot Issues: Commercial vacancy Perception of crime Lack of connectivity and access Unmet market opportunity Lack of identity and branding Older commercial and residential building stock Forest / Jupiter TIA Boundary Forest/Jupiter DART Station Walnut Creek Branch Library Montgomery Park/Walnut Glen Academy Existing Multifamily on Barnes Drive Adaptive Reuse and Existing Church Forest Lane Frontage 16 Rail~Volution 2012 When the Plan is Not Enough: Garland, TX

17 Forest/Jupiter/Walnut Catalyst Area High Market Capture: Transit Oriented Redevelopment Strategies Process Identification of real estate or business expansion opportunities. Capturing unmet market opportunity for commercial and residential development Development of capital improvement and urban design recommendations. Recommendations on potential revision of zoning and design standards. Catalyst Urban consultant team hired February 1 st Draft completion of strategy November 2012 Creation of new incentive tools that facilitate residential and commercial investment. Development of strategies and plan of action for revitalization 17 Rail~Volution 2012 When the Plan is Not Enough: Garland, TX

Design Concept Older garden apartments may be redeveloped into urban mixed-use district. Mixed-use loft development with urban streetscape, and retail fronting Forest.

R&D implemented in partnership with existing hi-tech employers in area Station plaza created at platform entrance; bus facilities/routing remains on site.

18 Design Concept Older garden apartments may be redeveloped into urban mixed-use district. Mixed-use loft development with urban streetscape, and retail fronting Forest. Research and development incubator TOD created on eastern half of DART property. R&D implemented in partnership with existing hi-tech employers in area Station plaza created at platform entrance; bus facilities/routing remains on site. DART parking moved across rail with overhead pedestrian access structure. DART replacement parking adjacent to new flex/industrial or job training center. New DART parking becomes future infill site once market allows densification. 330 loft units: (200 du/north, 130 du/south) 45,000 sf retail: (25k sf north, 20k sf south) 85,000 sf R&D office 70,000 sf office/industrial/training center Station Area Redevelopment 18 Rail~Volution 2012 When the Plan is Not Enough: Garland, TX

19 19 Rail~Volution 2012 When the Plan is Not Enough: Garland, TX

20 Targeted Area Initiatives Centerville Marketplace Repositioning Strategy 20 Rail~Volution 2012 When the Plan is Not Enough: Garland, TX

Repositioning Strategy Issues & Opportunities Only two exits off of I-635 into Garland strategic gateway DART Bus Center Issues $100 million commercial debt, over half originated at Recession height

21 Repositioning Strategy Issues & Opportunities Only two exits off of I-635 into Garland strategic gateway DART Bus Center Issues $100 million commercial debt, over half originated at Recession height 20% vacancy rate (double city): former Mervyn s, Target, 11.65% decline in commercial property values since Wal-Mart Mervyn s Target 21 Rail~Volution 2012 When the Plan is Not Enough: Garland, TX Opportunities Recent rezoning of vacant land to include opportunity of residential Recent construction of three pad-site restaurants and reuse of vacant Mervyn s into an LA Fitness TxDOT $10 million expansion of access road along I-635 LBJ Freeway Active surrounding neighborhoods and strong educational anchors Underutilized bus transfer center parking

Community Planning Challenge Grant Parameters of the HUD Grant Award Transform an important commercial district experiencing distress into a vibrant mixed-use district that capitalizes on its

22 Community Planning Challenge Grant Parameters of the HUD Grant Award Transform an important commercial district experiencing distress into a vibrant mixed-use district that capitalizes on its existing assets and anticipates new trends in the marketplace. Identification of at least three specific highimpact real estate or business expansion deals. Development of connectivity and mobility recommendations. Revision of land use and design standards. Pioneer housing and neighborhood revitalization strategies supporting the district. Establishment of an organized constituency advocating for long-term reinvestment. HUD Grant: $106,500 City: $ 32,750 Chamber: $ 36,250 Total Project: $175, Rail~Volution 2012 When the Plan is Not Enough: Garland, TX

23 Bus Transit as a Catalyst? 23 Rail~Volution 2012 When the Plan is Not Enough: Garland, TX

24 Question and Answer If you ask me anything I don't know, I'm not going to answer. --- The Immortal Yogi Berra Christine Maguire, AICP, EDFP Redevelopment Manger City of Garland CMaguire@garlandtx.gov Rail~Volution 2012 When the Plan is Not Enough: Garland, TX

Old Town Lewisville. Intelligent. Urban. Community. January 2017 Transit Oriented Development (TOD) Plan Update Adopted September 11, 2017

Old Town Lewisville. Intelligent. Urban. Community. January 2017 Transit Oriented Development (TOD) Plan Update Adopted September 11, 2017 Old Town Lewisville Intelligent. Urban. Community. January 2017 Transit Oriented Development (TOD) Plan Update Adopted September 11, 2017 Topics of Discussion 1. Planning Context 2. Base Real Estate Analysis