AnaCap...0943 NPV $26,493,734 FAR 5.49 482,352 SF 50% 67% 45% 33% 5% NPV $14,241,340 FAR 4.15...

4
6 12 18 year 2 year 1 0943 foundation grant 8% 88% 4% 4.1% 10% 5.2% 60.7% neighborhood partnership small business assistance street improvements land acquisition pool liquidity fund business operataions start up endowment $4,000,000 $2,000,000 $44,000,000 $2,050,000 $29,350,000 $10,000,000 partnership establish- ment costs $2,600,000 masterplan area (27 acres) planned HOPE VI park Anacostia waterfront initiative South Capitol Street M Street I-395 initial masterplan area (14 acres) Anacostia River future museum site Randall Playground I Street K Street L Street N Street Half Street 1st Street 2nd Street New Jersey Avenue navy yard metro station CONTEXT PLAN MASTER PLAN M street 50 M Street - AnaCap mixed-use building existing class A office 360 8 VIEW TAKEN TAKEN FROM THE MEDIAN ON M STREET LOOKING WEST AND NORTH-WEST 50 Half Street - AnaCap residential building 20 M Street - AnaCap partnership mixed-use building TAXES Residents Landowners Local Nonprofits Nonprofit Developers Developers Design Review Board VISION INFRASTRUCTURE SERVICES AnaCap Partnership U.S. Government community D.C. Municipality EDP PARTICIPANTS - ORGANIZATIONAL CHART Half street north equitable development process - edp establish offices acquire vacant townhome for offices hire permanent staff finalize legal structure finalize masterplan work with design consultants community consensus-building process produce planning document gain city approval for masterplan establish endowment timeline launch partnership prepare inaugural event host local activities and invite stakeholders $50 million grant allocation outreach campaign to gain political support invite board members introduce consensus building process VIEW OF M STREET LOOKING WEST Equitable Neighborhood Partnership AnaCap

Transcript of AnaCap...0943 NPV $26,493,734 FAR 5.49 482,352 SF 50% 67% 45% 33% 5% NPV $14,241,340 FAR 4.15...

Page 1: AnaCap...0943 NPV $26,493,734 FAR 5.49 482,352 SF 50% 67% 45% 33% 5% NPV $14,241,340 FAR 4.15 276,806 SF 44% 56% 50% 5% 45% home work leisure traditional development urEDn livinJ AnaCap

6 12 18year 2year 1

0943

foundation grant

8%

88%

4%

4.1%

10%

5.2%

60.7%

neighborhoodpartnership

small businessassistance

street improvements

land acquisition poolliquidity fund

business operataions

start up endowment

$4,000,000

$2,000,000

$44,000,000 $2,050,000

$29,350,000

$10,000,000

partnership establish-ment costs

$2,600,000

masterplan area (27 acres)

planned HOPE VI park

Anacostia waterfront initiative

Sout

h Ca

pito

l Stre

et

M Street

I-395

initial masterplan area (14 acres)

Anacostia River

future museum site

Randall PlaygroundI Street

K Street

L Street

N Street

Half

Stre

et

1st S

treet

2nd

Stre

et

New Jersey Avenue

navy yard metro station

CONTEXT PLAN

MASTER PLAN

M street

50 M Street - AnaCap mixed-use building

existing class A office3608 VIEW TAKEN TAKEN FROM THE MEDIAN ON M STREET LOOKING WEST AND NORTH-WEST

50 Half Street - AnaCap residential building

20 M Street - AnaCap partnership mixed-use building

TAXESResidents

Landowners Local Nonprofits

Nonprofit Developers

Developers

Design Review Board

VISION

INFRASTRUCTURE SERVICES

AnaCap Partnership

U.S. Government

community

D.C. Municipality

EDP PARTICIPANTS - ORGANIZATIONAL CHART

Half street

north

equitable development process - edp

establish offices

acquire vacant townhome for offices

hire permanent stafffinalize legal structure

finalize masterplan

work with design consultants community consensus-building process

produce planning documentgain city approval for masterplan

establish endowment

timeline

launch partnership

prepare inaugural eventhost local activities and invite stakeholders

$50 million grant allocation

outreach campaign to gain political supportinvite board members

introduce consensus building process

VIEW OF M STREET LOOKING WEST

Equitable Neighborhood Partnership

AnaCap

Page 2: AnaCap...0943 NPV $26,493,734 FAR 5.49 482,352 SF 50% 67% 45% 33% 5% NPV $14,241,340 FAR 4.15 276,806 SF 44% 56% 50% 5% 45% home work leisure traditional development urEDn livinJ AnaCap

30 36year 3

phase 1 construction

build partnership

land acquisitionsign groundleases

0943

BUILDING TYPES AND LAND USE

NPV $38,832,298FAR 5.12629,751 SF

28%

24%

72%

71% 5%

PHASE 1-USE DIAGRAM

retail (5%)

M street Half streeteast south

phase 1Development Strategy

Neighborhood

Proposed Uses

Parking

Office

Retail

Residential

Market Residential

50% 80% Affordable

BUILDINGS D + E

N

P

P

P

P

24

Capitalize on Metro and Navy Yard

Community art initiative

Maximize office returns, office/housing/retail

Existing surface parking lots

BUILDING A

Mixed use: retail (5%), live/work residential (95%)Residential (95%): market (75%), 80% AMI (10%), 50% AMI (10%)

developed by nonprofit developer

retail (5%)

BUILDING CMixed use: office (65%), retail (5%), Residential (30%): market (20%), 80% AMI (10%), 50% AMI (0%)

BUILDING BMixed-use: office (75%), retail (5%), Residential (20%): market (10%), 80% AMI (10%), 50% AMI (0%)

Existing Class A Office Building

A

B

C

DE

BUILDING AFAR 5.73280,300 SF NPV $20,294,300

BUILDING CFAR: 7.47150,894 SFNPV $8,619,804

BUILDINGS D + EAVG FAR: 3.2196,100 SFNPV $2,570,840

BUILDING BFAR: 4.1287,757 SFNPV $7,347,354

Sout

h Ca

pito

l Stre

et

M Street

L Street

Hal

f Stre

et

1st S

treet

metro entranceexisting bus depot

AnaCap art installations

South Capitol Street - National Identity M Street - AnaCap and Local Identity

existing bus depotmetro and bus connections

retail (5%)

Location for 3608 rendering

year 4

40 1000 20 60

Page 3: AnaCap...0943 NPV $26,493,734 FAR 5.49 482,352 SF 50% 67% 45% 33% 5% NPV $14,241,340 FAR 4.15 276,806 SF 44% 56% 50% 5% 45% home work leisure traditional development urEDn livinJ AnaCap

0943

phase 2Build west towards S. Capitol St.

Public pocket parks - urban oases

Increase housing, office/housing/retail

Garage construction begins in public partnership

urban design/building typologies

55%

37%NPV $52,768,739FAR 4.75788,975 SF

63%

40%5%

AERIAL VIEW 10 A.M.

AERIAL VIEW 2 P.M.

AERIAL VIEW 5 P.M.ZOOM D - M STREET IMPROVEMENTS

N-S SECTION THROUGH BUILDINGS C,E AND METRO STATION

N

Winter Solstice 27.668

Summer Solstice 74.448Spring/Fall 51.058

16’-0” 34’-0” 32’-0” 20’-0”32’-0” 107’-0” 103’-0” 60’-0” 33’-0” 8’-0”16’-0”

PHASE ONE - MASTER PLAN

BUS + METRO + OPEN SPACE

ZOOM C - open space at street edge

ZOOM A - arts and memorials program

ZOOM B - inner blocks open space entrance, open air tables

ZOOM A

ZOOM B

ZOOM C

seating area:wooden benches

open-air tables

soft pervious surface:

grass - garden area

existing trees

gravel

new deciduous trees

ar t/memorial initiative

hard surface deck

green spaces

bus station

metro entrance

ar t installation

hard surface

seating area

waiting area

M STREET

HAL

F ST

REE

T

metro station

M STREET

Roof garden

roof garden

VAN

STR

EET

CUSH

ING

PLA

CE

roof gardens north of M Street - trees protect from southern exposure

metro entrancechange in pavement - inner block open space entrance

bus station

ZOOM E ZOOM F

ZOOM E - M Street condition

ZOOM F - inner block open space condition

buffer zone

roof garden

ZOOM D

40 1000 20 60

year 5

P

P P

below grade garage

48

Page 4: AnaCap...0943 NPV $26,493,734 FAR 5.49 482,352 SF 50% 67% 45% 33% 5% NPV $14,241,340 FAR 4.15 276,806 SF 44% 56% 50% 5% 45% home work leisure traditional development urEDn livinJ AnaCap

0943

NPV $26,493,734FAR 5.49482,352 SF

50%

67%

45%

33%

5%

NPV $14,241,340FAR 4.15276,806 SF

56%44%

50% 45%5%

home work

leisure

traditional development

urban living

AnaCap equitable vision

year 7 year 9 future

traditional development

equitable development process

St. Vicent de Paul AnaCap building mixed use building

VIEW OF HALF ST.M STREET - WEST

v

t

Estimated residual land value of masterplan area at build-out

56%44%

58% 37%5%

NPV $132,336,111FAR 4.912,177,884 SF

Capitalize on reconstructed S.Capitol corridor

Community Center

More affordable housing, office/housing/retail

garage stabilizes, 10.2% return

phase 4

the coherent process leads to a whole that is greater than the sum of its parts +

the partnership is able to guide change for all its stakeholders +

the partnership is a locally based entity that can advance design priorties: fine grain, mixed use +

diverse land uses are maintained to anticipate gentrification +

having a vision of the future allows more flexible and forward-thinking development to occur +

a finer grain development and a mixture of uses contribute to a diverse neighborhood +

partnership revenues will be reinvested for improvements in the neighborhood +

shared and reduced parking can be coordinated through the partnership +

vision for the future

EXISTING CONDITIONS

PHASE I PROPOSED CONSTRUCTION

FULL NEIGHBORHOOD BUILD OUT

PP

garagegarage

Critical mass on S. Capitol St. national gateway

Connect to Southwest

Diverse mix of uses and residents

garage at capacity, 19.5% return

FIRST STEP - PHASE ONE

total valuephase 3