9/9 FRI 8:00 | The Redevelopment of Downtown West Palm Beach

The Redevelopment of Downtown West Palm Beach

APA Florida ConferencePalm Beach, September 9, 2011

1970’s – Downtown decline

- VACANT STOREFRONTS

-DESERTED STREET

Kravis Center for the performing arts

Clematis Street streetscape

City Place

Waterfront park

Major redevelopment occurred

How was this possible?

1991-1999

Nancy Graham

1980 1990 2000 2010

2003 -2011

Lois Frankel

1999-2003

Joel Daves

City

Pla

ce

New

City

Hal

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Lib

rary

New

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ont P

ark

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City

Pla

za I,

The

Met

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610

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is, T

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outh

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ms

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uild

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Institutional/cultural uses

Private developmentOffice Residential Mixed-use

Built projects

The

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and

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Cle

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Three different types of strategies:

1.Large scale public-private partnership

2.Regulatory framework to promote private investment

3.Public investment to support private development

City

Pla

ce

1980 1990 2000 2010

1. Large scale public-private partnership The CityPlace case

72 acre mixed-use developmentPhase I

600,000 sf of retail

20 screen Cinema

700 seat cultural center

576 residential units

4,000 parking garage

Dow

ntow

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City

Pla

ce

1980 1990 2000 2010


Dow

ntow

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n la

nd a

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sitio

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1986 Reagan’s Tax reform


Before going into bankruptcy:- 1989 Developer donates 5.2 acres for the Kravis Center- 1990 Negotiations to widen Okeechobee Blvd (cost shared by County-City –Developer)

1991-1999

Nancy Graham

Dow

ntow

n/U

ptow

n ba

nkru

ptcy

City

Pla

ce

1980 1990 2000 2010


Dow

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sitio

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1994 – Downtown Master Plan process starts

1995 City obtained $20 M Sunshine State Loan to acquire the properties - used eminent domain powers

- negotiated settlementsRe-assembled 72 acres of land

1991 - Nancy Graham elected WPB Mayor


1996 City issued an RFP for design/construction of CityPlace

Downtown Master Plan vision used as a base for the CityPlace design – mixed use development


RFP awarded to the Palladium CompaniesPhase I

600,000 sf of retail

20 screen Cinema

700 seat cultural center

576 residential units

4,000 parking garage

Public/Private partnership

City

Pla

ce

1991-1999

Nancy Graham

1980 1990 2000 2010

Pal

m B

each

Cou

nty

Con

vent

ion

Cen

ter

DP

Z’s

Mas

ter

Pla

n


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City

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Sun

shin

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ate

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2005 Eminent Domain restrictions

2. Regulatory framework to promote private investment

RIP and TDRs programs

1999 – Joel Daves elected WPB MayorCityPlace opened in 2000 with success

Leverage the success of CityPlace and attract new development



2001 City adopted a Residential incentive program -RIP-Increased development capacity for residential uses2002 City Adopted the Transfer of Development Rights Program - TDR- Preserve historic building within downtown + increase development capacity

RIP



TDR

Entirely a regulatory incentive

- No financial support from City- Approximately 2,600 units built

Regs. to incentivize private

investment

1991-1999

Nancy Graham

1980 1990 2000 2010

1999-2003

Joel Daves

City

Pla

ce

City

Pla

za I,

The

Met

ropo

litan

610

Cle

mat

is, T

he E

dge

The

Whi

tney

, City

Pla

za II

, City

Pla

ce S

outh

, City

Pal

ms

The

Pra

do

DP

Z’s

Mas

ter

Pla

n

RIP

TD

R

Zys

covi

ch’s

Mas

ter

Pla

n

3. Public investment to support private development

The institutional project

Acquisition of 2.8 acres of land to build City Hall and Library

2003 – Lois Frankel elected WPB Mayor



Activate a block of Clematis Street-150,000sf office-83,000sf library-4,000sf photo center

Old D&D center



600 car garage to support Clematis Street



City Commons and Waterfront park


WCI site – Land acquisition to promote private development


Digital Domain – Tent site

-Land conveyed to developer

-$10 mill grant funds

Phase I – 150,000sf

Digital animation production facility

Digital Domain Institute

Florida State Institute film school

Phase II -350,000sf

Digital media and film application

production

What is next?

public-private partnerships

Regs. to incentivize private

investment

Public/Private partnership

1991-1999

Nancy Graham

1980 1990 2000 2010

2003 -2011

Lois Frankel

1999-2003

Joel Daves

City

Pla

ce

New

City

Hal

l and

Lib

rary

New

Wat

erfr

ont P

ark

PB

C C

onve

ntio

n C

ente

r

DP

Z’s

Ma

ste

r P

lan

Zys

covi

ch’s

Ma

ste

r P

lan

Public investment to support

private

The Redevelopment process

Panel Discussion

I am going to start with the visionary.

Mayor Frankel-

What do you think is the next step in the redevelopment process of downtown west palm beach?

Melissa

What do you think will the role of the Zyscovich’s Master Plan be in the next phase of downtown redevelopment?

Kim

On a complex process such as a redevelopment, what do you think is the prime role of a Master Plan?

Answer is it needs to provide a balance of predictability with flexibility.

Frankel

How do you look at new projects or development opportunities that deviate from an approved vision?

Kim

How do economics and real estate markets effect planning decisions? Answer is some plans are not realistic from a market perspective and someone that can measure the economic impact of a project need to help planners determine if a project or current zoning/master plans should be modified.

what do you think will most effect development in the future. I will talk about macro economics like the finance market and then tie it back down to smaller changes of how we are dealing with the private sector.

9/9 FRI 8:00 | The Redevelopment of Downtown West Palm Beach

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Transcript of 9/9 FRI 8:00 | The Redevelopment of Downtown West Palm Beach