SNEAPA 2013 Thursday c3 1_45_strange bedfellows

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ECONOMIC AND REAL ESTATE ANALYSIS FOR SUSTAINABLE LAND USE OUTCOMES ECONOMIC AND REAL ESTATE ANALYSIS FOR SUSTAINABLE LAND USE OUTCOMES ECONOMIC AND REAL ESTATE ANALYSIS FOR SUSTAINABLE LAND USE OUTCOMES STRANGE BEDFELLOWS: Collaborating with Developers to Make Great Places

Transcript of SNEAPA 2013 Thursday c3 1_45_strange bedfellows

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ECONOMIC AND REAL ESTATE ANALYSIS FOR SUSTAINABLE LAND USE OUTCOMES ™ECONOMIC AND REAL ESTATE ANALYSIS FOR SUSTAINABLE LAND USE OUTCOMES ™ECONOMIC AND REAL ESTATE ANALYSIS FOR SUSTAINABLE LAND USE OUTCOMES ™

STRANGE BEDFELLOWS:Collaborating with Developers to Make Great Places

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Strange Bedfellows: Collaborating with Developers to Make Great Places October 17, 2013

Purpose• Help public sector planners understand their role in the

development process, in order to best meet the needs of their community.

• Provide public sector planners with the type of information—and where to find it—that can test their vision for future development.

• Using real-world examples, illustrate these points and identify lessons learned and how you might be able to apply these lessons in your community.

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Strange Bedfellows: Collaborating with Developers to Make Great Places October 17, 2013

Panel of Experts: Perspective:Todd J. Poole, 4ward Planning Inc. Consultant, land use economicsBrandon Palanker, Renaissance Downtowns DeveloperDennis DiPrete, DiPrete Engineering Consultant, engineeringSteve Durkee, Cornish Associates LP Developer / architectJon Reiner, Town of North Kingstown, RIPublic sector, planning

Who we Are

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Strange Bedfellows: Collaborating with Developers to Make Great Places October 17, 2013

Ground Rules• Listen actively• No one person dominates• Stay on topic• No personal attacks• Stay on time/schedule• Cell phones off or on vibrate• Don’t make assumptions/assume good will

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Strange Bedfellows: Collaborating with Developers to Make Great Places October 17, 2013

Scenario #1: Reynolds FarmLocation: Commercial Corridor, Suburban Rhode Island

Players: Local staff, Developer, Local Development Corporation, Planning Board, Public

Timeline 2001 - ongoing

Local Vision:

Developer bought into town-initiated visioning process

Challenges: • Lack of sewer• Zoning• Adversarial relationship (initially)

Development Plan:

574 housing units 30,000 sf small scale commercial

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Strange Bedfellows: Collaborating with Developers to Make Great Places October 17, 2013

Scenario #1: Reynolds Farm

Source of Renderings: Union Studio (formerly Donald Powers Architects)

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Strange Bedfellows: Collaborating with Developers to Make Great Places October 17, 2013

Scenario #1: Lessons Learned• Have patience• Build relationships all around• Create a vision that is grounded in reality, and stick to it• Developer can help implement the Town’s vision (brings own

resources)• Help create champions • Look for solutions that can solve many problems at once• Learn from failure

Status: First phase approved (250 housing units). Construction begins next month. 

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Strange Bedfellows: Collaborating with Developers to Make Great Places October 17, 2013

Scenario #2: Westminster Lofts RedevelopmentLocation: Urban, Downtown, Rhode Island

Players: Developer, City, Legislature

Timeline Multiple projects over 8 years

Local Vision:

A 1991 charrette created the Downcity Plan which drove the direction of this project

Challenges: • Financing• Regulatory• Market confidence

Development Plan:

200 housing units80,000 sf commercial600 parking spaces

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Strange Bedfellows: Collaborating with Developers to Make Great Places October 17, 2013

Scenario #2: Westminster Lofts

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Strange Bedfellows: Collaborating with Developers to Make Great Places October 17, 2013

Scenario #2: Lessons Learned

Status: Construction completeOccupied 

• It is an ongoing process that demands continued maintenance and nurturing.

• It was/is a lot harder and took a lot longer than ever expected to see the financial growth.

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Strange Bedfellows: Collaborating with Developers to Make Great Places October 17, 2013

Scenario #3: Downtown Bristol

See also: www.bristolrising.org

Location: Urban, Downtown, Connecticut

Players: Town, Developer, Advocacy Group (BristolRising)

Timeline Long-term

Local Vision:

Government struggled to get public buy-in on the Vision

Challenges: • Loss of significant retail in downtown core (17 acres)• Already struggling downtown• Failure to engage owners and residents

Development Plan:

1,000 residential unitsRetail, commercial, hotel, educational facility and entertainment

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Strange Bedfellows: Collaborating with Developers to Make Great Places October 17, 2013

Scenario #3: Downtown Bristol

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Strange Bedfellows: Collaborating with Developers to Make Great Places October 17, 2013

Scenario #3: Lessons Learned

Status: Breaking ground in 2013

• Comprehensive redevelopment provides a more clear path toward success.

• Engage Private Property Owners in the process • Meaningful public dialogue and engagement are critical factors to

creating support.• Utilize social-networking tools to gain local market insight.• Crowdsourced Placemaking is a process that reduces the time

and cost to receive bulk approvals for mixed-use projects with a strong residential component.

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Strange Bedfellows: Collaborating with Developers to Make Great Places October 17, 2013

Scenario #4: South County Commons

Location: Suburban, Rhode Island

Players: Town staff, Developer, General Public

Timeline

Local Vision:

Developer waited for, and bought into, town-initiated visioning process

Challenges: • Lack of local vision (originally)• NIMBY

Development Plan:

100,000 sf retail450 residential units100,000 sf office and hotel

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Strange Bedfellows: Collaborating with Developers to Make Great Places October 17, 2013

Scenario #4: South County Commons

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Strange Bedfellows: Collaborating with Developers to Make Great Places October 17, 2013

Scenario #4: Lessons Learned

Status: Construction 90% complete

• If it doesn’t work for a developer, the vision is not likely to be implemented. 

• Know where to find the expertise to craft a realistic vision.  • Create trust among parties.• Have clear understanding of your role; recognize that it changes

over time.

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Strange Bedfellows: Collaborating with Developers to Make Great Places October 17, 2013

Questions and Discussion