FRA 2007 ANNUAL CONFERENCE   <ul><li>UPTOWN & DOWNTOWN: </li></ul><ul><li>MIXED-USED PROJECTS  </li></ul><ul><li>AT THEIR ...
 
SUBURBAN LIFESTYLE   Single Use Zoning and Development SCHOOL HOME ENTERTAINMENT SHOP WORK LUNCH
URBAN LIFESTYLE Mixed-Use Development   HOME/WORK/LUNCH/SHOP/ENTERTAINMENT
BENEFITS OF AN  URBAN LIFESTYLE <ul><li>Less time spent in your vehicle </li></ul><ul><li>Increased social interaction </l...
MALL DEVELOPERS ARE  CATCHING ON … <ul><li>The enclosed A/C malls </li></ul><ul><li>Of the 60’S & 70’S are  </li></ul><ul>...
 
Downtowns  were the original  Mixed-use Developments
FIRST NATIONAL BANK
FIRST STREET MARKET PLACE
BRADFORD HOTEL
Zoning & Land Use Codes   must allow &  encourage   Mixed-use Buildings &  Developments
Areas to address: <ul><li>Comprehensive Plan </li></ul><ul><li>Growth Management Code </li></ul><ul><li>Life, Safety, & Bu...
DEVELOPMENT INCENTIVES ENCOURAGE  REHAB & ADAPTIVE REUSE <ul><li>10-Year Property Tax Assessment Freeze </li></ul><ul><li>...
CORNER OF FIRST STREET & JACKSON STREET (Office over Commercial) DURING BEFORE
DURING AFTER
SALON  NICHOLAS (Residential over  Personal Services)
EARNHARDT BUILDING RESIDENTIAL CONDOMINIUMS OVER RETAIL/RESTAURANT CONDOMINIUMS
PATIO de LEON BUILDING RENTAL APARTMENTS OVER RETAIL
RIVER DISTRICT
CREATE MIXED-USE CENTERS
 
FIRST STREET VILLAGE DEVELOPMENT AGREEMENT <ul><li>CRA’s Participation: </li></ul><ul><li>50% Tax Increment Rebate for 14 ...
FIRST STREET VILLAGE DEVELOPMENT AGREEMENT <ul><li>Developer’s Participation: </li></ul><ul><li>Sells 3.81 acres of 12.5 a...
FIRST STREET VILLAGE DEVELOPMENT AGREEMENT <ul><li>Developer’s Participation (cont.): </li></ul><ul><li>Develops remaining...
 
360 RESIDENTIAL UNITS First Street Village
55,000 SQUARE FEET OF RETAIL/RESTAURANT SPACE First Street Village
40,000 SQUARE FEET OF OFFICE/COMMERCIAL SPACE First Street Village
PUBLIX DEVELOPMENT AGREEMENT   <ul><li>PUBLIX/REGENCY </li></ul><ul><li>Construct store prior to completion of  </li></ul>...
PUBLIX DEVELOPMENT AGREEMENT <ul><li>PUBLIX/REGENCY (cont.) </li></ul><ul><li>Strict adherence to approved Planned Unit De...
PUBLIX GROCERY 40,000 SQUARE FOOT
PUBLIX GROCERY BACK ENTRANCE
PUBLIX GROCERY LOADING DOCK
PUBLIX GROCERY LOADING DOCK ENTRANCE
PARKING LOT SCREENING PUBLIX GROCERY
PEDESTRIAN SCALE LINER BUILDINGS
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Uptown & downtown mixed use projects at their best - don paight

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Uptown & downtown mixed use projects at their best - don paight

  1. 1. FRA 2007 ANNUAL CONFERENCE <ul><li>UPTOWN & DOWNTOWN: </li></ul><ul><li>MIXED-USED PROJECTS </li></ul><ul><li>AT THEIR BEST </li></ul>
  2. 3. SUBURBAN LIFESTYLE Single Use Zoning and Development SCHOOL HOME ENTERTAINMENT SHOP WORK LUNCH
  3. 4. URBAN LIFESTYLE Mixed-Use Development HOME/WORK/LUNCH/SHOP/ENTERTAINMENT
  4. 5. BENEFITS OF AN URBAN LIFESTYLE <ul><li>Less time spent in your vehicle </li></ul><ul><li>Increased social interaction </li></ul><ul><li>More leisure time </li></ul><ul><li>Enhanced quality of life </li></ul>
  5. 6. MALL DEVELOPERS ARE CATCHING ON … <ul><li>The enclosed A/C malls </li></ul><ul><li>Of the 60’S & 70’S are </li></ul><ul><li>Being replaced with </li></ul><ul><li>Mixed-use </li></ul><ul><li>“ LIFESTYLE CENTERS” </li></ul>
  6. 8. Downtowns were the original Mixed-use Developments
  7. 9. FIRST NATIONAL BANK
  8. 10. FIRST STREET MARKET PLACE
  9. 11. BRADFORD HOTEL
  10. 12. Zoning & Land Use Codes must allow & encourage Mixed-use Buildings & Developments
  11. 13. Areas to address: <ul><li>Comprehensive Plan </li></ul><ul><li>Growth Management Code </li></ul><ul><li>Life, Safety, & Building Codes </li></ul><ul><li>ADA Requirements </li></ul><ul><li>Historic Preservation Guidelines </li></ul><ul><li>Parking Policies </li></ul><ul><li>Noise Ordinances </li></ul>
  12. 14. DEVELOPMENT INCENTIVES ENCOURAGE REHAB & ADAPTIVE REUSE <ul><li>10-Year Property Tax Assessment Freeze </li></ul><ul><li>20% Historic Rehabilitation Tax Credit </li></ul><ul><li>Parking Exempt Zone </li></ul><ul><li>Discounted Parking Rates for River District Residents </li></ul>
  13. 15. CORNER OF FIRST STREET & JACKSON STREET (Office over Commercial) DURING BEFORE
  14. 16. DURING AFTER
  15. 17. SALON NICHOLAS (Residential over Personal Services)
  16. 18. EARNHARDT BUILDING RESIDENTIAL CONDOMINIUMS OVER RETAIL/RESTAURANT CONDOMINIUMS
  17. 19. PATIO de LEON BUILDING RENTAL APARTMENTS OVER RETAIL
  18. 20. RIVER DISTRICT
  19. 21. CREATE MIXED-USE CENTERS
  20. 23. FIRST STREET VILLAGE DEVELOPMENT AGREEMENT <ul><li>CRA’s Participation: </li></ul><ul><li>50% Tax Increment Rebate for 14 years </li></ul><ul><li>OR </li></ul><ul><li>Until Project Payments = $23,527,389 </li></ul><ul><li>(Whichever comes first) </li></ul><ul><li>Net Present Value= $11,882,930 </li></ul><ul><li>(Assumes rate of 5%) </li></ul>
  21. 24. FIRST STREET VILLAGE DEVELOPMENT AGREEMENT <ul><li>Developer’s Participation: </li></ul><ul><li>Sells 3.81 acres of 12.5 acre site to PUBLIX/ REGENCY for : </li></ul><ul><ul><li>A grocery store, </li></ul></ul><ul><ul><li>Parking lot, </li></ul></ul><ul><ul><li>14 liner townhomes, and </li></ul></ul><ul><ul><li>10,000 sq. ft. of retail space </li></ul></ul>
  22. 25. FIRST STREET VILLAGE DEVELOPMENT AGREEMENT <ul><li>Developer’s Participation (cont.): </li></ul><ul><li>Develops remaining 8.7 acres as a </li></ul><ul><li>MIXED-USE PROJECT with: </li></ul><ul><ul><li>360 Residential Condominiums, </li></ul></ul><ul><ul><li>55,000 sq. ft. of Retail/Restaurant space, </li></ul></ul><ul><ul><li>40,000 sq. ft. of Office space including Live/Work Opportunities and Parking, as required </li></ul></ul>
  23. 27. 360 RESIDENTIAL UNITS First Street Village
  24. 28. 55,000 SQUARE FEET OF RETAIL/RESTAURANT SPACE First Street Village
  25. 29. 40,000 SQUARE FEET OF OFFICE/COMMERCIAL SPACE First Street Village
  26. 30. PUBLIX DEVELOPMENT AGREEMENT <ul><li>PUBLIX/REGENCY </li></ul><ul><li>Construct store prior to completion of </li></ul><ul><li>Residential High Rises </li></ul><ul><li>25-year Lease with 5-year Guarantee </li></ul>CRA 5 -year Rent Abatement at $600,000 per year
  27. 31. PUBLIX DEVELOPMENT AGREEMENT <ul><li>PUBLIX/REGENCY (cont.) </li></ul><ul><li>Strict adherence to approved Planned Unit Development design </li></ul><ul><ul><li>▪ Covered/enclosed loading docks </li></ul></ul><ul><ul><li>▪ Parking in mid-block screened by townhouses, decorative arbor and retail space </li></ul></ul><ul><ul><li>▪ Architecturally detailed exterior with rear entrance </li></ul></ul>
  28. 32. PUBLIX GROCERY 40,000 SQUARE FOOT
  29. 33. PUBLIX GROCERY BACK ENTRANCE
  30. 34. PUBLIX GROCERY LOADING DOCK
  31. 35. PUBLIX GROCERY LOADING DOCK ENTRANCE
  32. 36. PARKING LOT SCREENING PUBLIX GROCERY
  33. 37. PEDESTRIAN SCALE LINER BUILDINGS

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