Weekly Urban Planning Seminars

Transcription

1 Weekly Urban Planning Seminars

2

3 #4 Planning for future growth Factors for retail, residential, commercial development Acquiring Land Hurdles to development and redevelopment Tools to aid the community members

4 Woodlawn is growing

5 The Strand Hotel The Burnham Residential Recreational Dev. Current and future investments in Woodlawn area University of Chicago Charter School: Woodlawn Campus

6 Source: DNAinfo

7 Woodlawn still has room to grow

8 City-owned vacant parcels Privately-owned vacant parcels Vacant parcels in adjacent neighborhoods Total 106 acres of Vacant parcels 52 acres city owned & 54 acres privately owned Information source : data.cityofchicago.org city-owned parcels & cook county land bank privately-owned vacant parcels

9 Information source : data.cityofchicago.org vacant buildings *approximate number based off 311 calls 2010 through current, does not account for recent rehabs Total of 14% of buildings in Woodlawn are vacant. ±650 Buildings*

10 Vacant Buildings and parcels Information source : data.cityofchicago.org vacant buildings *approximate number based off 311 calls 2010 through current, does not account for recent rehabs

11 To prepare for development

12 Know the process

13 Decisions come from research and demographics

14 Market Analysis Recent rentals and home sales Recent retail rates, types of retail Recent developments & planned projects Nearby assets

15 Rental Rates Average rent in woodlawn ± $1.00 sq ft 800 sq ft apartment = $800 per month rent ± $2.20 ± $1.00 Source: Renthub

16 Home Sales approximately sales per year Various product types Condominium & 2-4 units selling Source: Institute for Housing Studies at Depaul University

17 Demographics Race Median age Education Median income Crime Transit

18 Race Information source : United States Census. American Community Survey

19 Median Age Information source : United States Census. American Community Survey

20 Median Income Information source : United States Census. American Community Survey

21 Education Information source : United States Census. American Community Survey

22 Crime and Population Information source : United States Census. American Community Survey

23 Transit Information source : United States Census. American Community Survey

24 Site assessment Size Zoning Constraints Remediation Site prep

25 Speed to market Site development ready Infrastructure Site assemblage Investor confidence Ease of government approvals Construction Schedule

26 Trying to find key facts to position themselves to invest

27 . And a timeframe for Return on Investment

28 COMMUNITY OFTEN NOT ENGAGED OR MINIMALLY ENGAGED EVALUATION OF ECONOMIC OPPORTUNITY MARKET FEASIBILITY DESIGN AND DEVELOP LAND OWNERS, INVESTORS, ECONOMIST, PLANNERS, REAL ESTATE PROFESSIONALS ARCHITECTS, PLANNERS, LANDSCAPE ARCHITECTS COMMUNITY

29 Shift the process to equitable development model

30 COMMUNITY PLAN SHOULD GUIDE GROWTH EVALUATION OF ECONOMIC OPPORTUNITY MARKET FEASIBILITY DESIGN AND DEVELOP COMMUNITY PLAN

31 Know the capacity of the neighborhood

32 Capacity for growth City-owned vacant parcels Privately-owned vacant parcels Vacant parcels in adjacent neighborhoods Total 106 acres of Vacant parcels 52 acres city owned & 54 acres privately owned Information source : data.cityofchicago.org city-owned parcels & cook county land bank privately-owned vacant parcels

33 Capacity for growth

34 Capacity for growth

35 Residential Capacity If we look at all the vacant lots that are within the residential zoning (yellow)

36 Residential Capacity land area Residential zoned vacant land City owned = ±1.5 million sq ft Privately owned = ±1.9 million sq ft Total = ±3.4 millions sq ft Rough calculations created for explanatory purposes Source: City Data portal, Cook County Land Bank; figures are rounded

37 Residential Capacity development area Total = ±3.4 millions sq ft Avg FAR (1.2) = ±4.0 Millions sq ft 2,500 4,400 units (depends on product type) Additional 6,250 11,000 residents (2.5 persons per household) Does not include other zoning that allow residential or vacant buildings Rough calculations created for explanatory purposes Source: City Data portal, Cook County Land Bank; figures are rounded

38 Identify the gaps

39 Residential gap Source: Institute for Housing Studies at Depaul University

40 Residential gap

41 Retail gap Bronzeville/south lakefront area

42 Retail gap Identified gaps in all sectors ± 384 million dollars escaping the community annually

43 Leverage proximity to key assets

44 Transit Ventra Station in Eberhart Ave with 61 st St West 63 rd Street 35 % within 5 minute walk of CTA & Metra, and 82% within 2-3 minute walk of CTA bus stop Information source : data.cityofchicago.org Transit lines and stations 6rd Metra Station

45 Amenities Cultural & Community Chosen Few Festival Apostolic Church of God Information source : data.cityofchicago.org & 1woodlawn resources Logan Center

46 Amenities Parks and Recreation Jackson Park Wooded Island - Washington Park Information source : data.cityofchicago.org Parks ±70 % of the Area is within 5 minute walking distance from a public park Neighborhood Garden

47 Schools Fiske Elementary Andrew Carnegie Public School Orthogenic School UChicago Charter Hyde Park Academy Mt. Carmel High School Emmett Till Elementary Mount Carmel High School Comer College Prep 4 of 5 CPS Elementary Schools ranked level 1 Information source : data.cityofchicago.org Emmett Louis Till Math and Science Academy

48 Influence redevelopment of vacant lands

49 City - owned land More ability incentivize/influence due to city control Affordable Requirements ordinance Assemblage less complex

50 Private land Less control over private development Tax incentives and other policies can help

51 Policy tools

52 Cook County Land Bank Clears privately owned property currently in limbo through legal issues and puts them back onto the market

53 Affordable Requirements Ordinance Residential developments that receive city financial assistance or involve city owned land required to provide 10% of their units at affordable prices

54 Neighborhood Opportunity ordinance Downtown developers who want a FAR bonus basically pay a fee that goes into a fund projects in investment zones

55 Bring the local character & culture

56 Summary 1. Know the capacity of the neighborhood 2. Leverage proximity to key assets 3. Identify the gaps 4. Policy tools 5. Infuse the local character & culture

57 Own the narrative