The San Antonio RiverImprovements ProjectA partnership comprised of:• Bexar County & CoSA• SA River Authority• SA River Foundation• San Antonio River Oversight Committee• U.S. Army Corps of Engr.• Total cost for entire project over $358 million.
The Museum Reach• Extends 3.5 miles• Investment of $84.7m• Connects the San Antonio Museumof Art, the Witte, and the Pearl todowntown• Includes Public art Installations• Increased area for running, bikingetc.
The Mission Reach• Extends 8 miles• Cost just over $245 million• Innovative ecosystem restoration project• Reconnect river to historic Spanish missionsThe project will include over15 miles of trails along theriver for pedestrians andbicyclists to enjoy.
CommunityEndorsed.$93 million for Downtown Area•Streets ($48.7 M)•Parks ($31 M)•Facilities ($13.1 M)2012-2017 BondProgram
TransformingTransportationVIA, the City of SanAntonio and Bexar Countyare working together totransform San Antonio• $190M Downtown Streetcar project• West Side Multimodal• VIA Primo
Housing Incentives: Residential development requires incentivesFour-Story StickNon-Core AreaFeasibility Gap (average unit)$155kLand CostsLand CostsBuilding CostsBuilding CostsParking/PublicParking/PublicImprovementsImprovementsCost of CapitalCost of Capital $10k$125k$20kValue BeforeValue BeforeIncentivesIncentives$140k$15k$140kGapCost per Unit ( No Incentives) Capitalized Value of Net Income
Housing Incentives: Feasibility gap is more pronounced in the CoreMid-Rise Steel or ConcreteCore AreaFeasibility Gap (average unit)$185k $160kValue BeforeValue BeforeIncentivesIncentives$30k$160kGap$15k$140k$30kLand CostsLand CostsBuilding CostsBuilding CostsParking/PublicParking/PublicImprovementsImprovementsCost of CapitalCost of CapitalCost per Unit ( No Incentives) Capitalized Value of Net Income
Housing IncentivesRecommendation: Support housing development with financial incentives22Public Land DispositionCentro PartnershipStrategic Housing FundPredictable City TaxIncentives andInvestments
• 20 housing projects withinthe original 36 square miles• 2,451 housing units• Total investment of $383 M• Total value of incentivepackages $39.7 MLofty Goals
Management: Mission-focused coordination: City resources
ManagementRecommendation: Mission focus for Centro PartnershipSet a corestrategicvisionSupportcoordinated actionfor catalyticprojectsForum forstrategic thinkingand planning27
HR&A Advisors, Inc. 21Regulation: District strategic planning and design review
HR&A Advisors, Inc. 22RegulationRecommendation: Incremental design review and regulationPhase One Phase TwoCurrentZoningOrdinanceDesignGuidelinesForm-BasedOrdinanceUrban DesignReviewCommissionDesignGuidelines
HR&A Advisors, Inc. 23• 77 UDC Amendments• Lonestar Community Plan• Downtown Design Guide• Northwest Quadrant StudyRegulation Update