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Madison Park Development Corporation
   and Tropical Foods International


             present…
Madison Tropical parcel 10 proposal
INTRODUCTION AND KEY TEAM MEMBERS


Firm                                             Role / Responsibility
Madison Park Development Corporation (MBE)       Master Developer
Tropical Foods International (Roxbury-Based)     Development Partner / Business Owner
DHK Architects (MBE)                             Master Planner and Architect, Bldgs B & C
Howard/ Stein-Hudson Associates (Boston-Based)   Traffic Engineer
Next Street Financial (Roxbury-based)            Business Strategy Consultants
CWC Builders                                     Cost Estimating
Klein Hornig (Boston-Based)                      Legal Services to MPDC and Partnership
MADISON PARK DEVELOPMENT
  The first 10 years…




                                                          Madison Park III
                   Haynes House   Smith House




 Madison Park IV                          Beryl Gardens
MADISON PARK DEVELOPMENT
  The next 30 years…




   Interfaith
                                                 School House
                               Orchard Gardens




                                                   School House
                       Ruggles Shawmut
MADISON PARK DEVELOPMENT
Community Action, Arts and Culture




                                     Arts and Culture
     Community Action
MADISON PARK DEVELOPMENT

  Commercial Properties


                 184 Dudley Street   2451 Washington Street




Hibernian Hall
PROJECT GOALS

   Generate local jobs & wealth creation opportunities for Roxbury residents

   Provide access to new products, services and affordable, healthy food

   Retain & enhance a neighborhood icon: Tropical Foods Supermarket

   Create a vibrant and contextual multi-use development

   Establish a pedestrian friendly environment
Tropical foods Supermarket
Who…
…a 40 year old, Roxbury-based, family-owned supermarket.



   2010 Sales Stats

  - Over $14 million in sales
  - 650,000 customers
  - Majority of customers from Roxbury and
      Dorchester areas of Boston
Employment stats




    Roxbury        Dorchester


                   Jamaica
                    Plain
Procurement stats

        Tropical Foods' 2009 & 2010 Local Purchasing: $5,222,317


             Metro Boston
              (13.45%)
                                 Boston                      Roxbury
                             Roxbury
        Chelsea              (35.83%)
                                                             Boston
     Roxbury
       (13.25%)
                                         Chelsea             Everett
                                                             Chelsea
              Everett
             (18.73%) Boston                                 Rest of Metro Boston
                             Everett
                      (18.74%)
What…
…a new and improved grocery store.
                             Current Store   Proposed Store
 Size                          8,500sf          18,000sf
 Registers                        9                14
 Parking                          80              112
 Frozen Food Coolers              20               60
 Deli                             no              yes
 Fresh Fish                       no              yes
 Bakery                           no              yes

Expanded sections include:
• Produce
• Meat
• Dairy
• Healthy foods
• 30-40 new jobs created
When…
 …Now.
PLANNING AND DESIGN
PROJECT CHARACTERISTICS

•   Urban Redevelopment

•   Mixed Use

•   Retail - 42,000 SF

•   Office & Warehouse - 30,000 SF

•   Residential - 75,000 SF (66 Units)

•   Midrise - 5 stories
SITE CHARACTERISTICS
Existing buildings & site
DESIGN APPROACH
- Anchor corners of site with buildings
- Create access points between buildings
- Organize site interior around a main pedestrian spine
Rebuild the urban streets
 •   Maintain scale & character of urban context
 •   Active street level uses
 •   Create a rich aesthetic with a variety of colors, textures, and building facades
 •   Re-establish street wall
GATEWAY TO DUDLEY SQUARE
- Emphasize massing at corner of Washington & Melnea Cass
- Five stories
- Architectural treatment of the corner
New MIXED-USE BUILDING
ENHANCE PRESENCE OF TROPICAL FOODS

  - New, enlarged building
  - Dramatic new image
  - Much improved functionality
  - Much improved access
ENHANCE PRESENCE OF TROPICAL FOODS
ENHANCE PRESENCE OF TROPICAL FOODS
HISTORIC RENOVATION OF
           2101 WASHINGTON STREET
- Adaptive reuse
- Revitalized image
- Restoration and renovation of facades
HISTORIC RENOVATION OF
2101 WASHINGTON STREET
Williams Street perspective
PEDESTRIAN FRIENDLY ENVIRONMENT
- Integrated with the neighborhood
- Sidewalk continuity
- Connected to public transportation
- Designed to accommodate bicycles
Pedestrian environment
Pedestrian environment
Pedestrian environment
Pedestrian circulation
Access to public transportation
Connected to bike paths
Vehicular CIRCULATION AND PARKING
   - Convenient vehicular access
   - Adequate parking for all users
   - Service access
Neighborhood traffic patterns
Next Street Financial
Mission Statement
   - Provide strategic advice and access to capital to small businesses in urban markets
   - Headquartered in Dudley Square, Roxbury


Proposed involvement in Parcel 10
  - Business recruitment, marketing and outreach
  - Capacity building program
  - Identification and packaging of financial solutions


Track-record working with Roxbury-based businesses
  - Roxbury Technology Corporation                 - Davis Funeral Home
  - Brothers Supermarket                           - United Housing Management
  - Be Our Guest Party Rentals                     - Boston Neighborhood Network
  - Crispus Attucks Children’s Center              - Roxbury Comprehensive Community Health Center
  - Thomas Construction                            - City Fresh Foods
  - A Nubian Notion, Inc.                          - Madison Park Development Corporation
Economic development & wealth creation

  Total Development Cost is $44 million


   Local Job Creation
       • Projected Construction jobs – 443
       • Projected Permanent jobs – 145 FTE
       • Training/career development opportunities


   Small Business Development
       • Expanding local businesses
       • Providing financing and technical assistance
Commercial component

Commercial Program Summary
                                                  Projected #
Building              Use            Size         of businesses
Building A            Supermarket    40,000 GSF       1
Bldg B/C              Retail Space   26,000 GSF      4-8
Bldg B                Office Space   11,000 GSF      1-3
Outdoor Plaza Area    Cart Vendors   NA              2-5
Total                                77,000 GSF     10-24
Housing component

Parcel 10 - Proposed Residential Rent Rates
                                             Gross Rent Rate          Affordability Level
Building    # of units % of total        1 BR              2 BR           by income
Bldg B/C         7        11%       30% of income* 30% of income*   Formerly homeless
Bldg C          27        41%          $1,085             $1,300    $40,000-$52,000
Bldg B          14        21%          $1,162             $1,327    $47,000-$61,000
Bldg B          18        27%          $1,450             $1,900    Market Rate
Total           66       100%

* Section 8 units
Financial PARTNERS

Proposed project financing includes debt, equity and
  subsidy funding provided by:

   – Madison Tropical development team

   – Eastern Bank, Bank of America, Boston Capital

   – Mass Housing Investment Corp., MassDevelopment

   – Neighborworks Capital

   – City of Boston DND, Commonwealth of Mass DHCD
COMMUNITY PROCESS
Outreach to key stake-holders:
•  Local residents
•  Local businesses
•  Community organizations
•  Commercial district customers
Why madison tropical?

   Development team experience and track-record in Roxbury

   Confirmed partnership agreement between Madison and Tropical

   Local job & wealth creation opportunities

   Access to new products, services and affordable, healthy food

   Realistic and financially feasible development plan

   Construction start date one year from designation

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Madison_park_and_tropical_foods

  • 1. Madison Park Development Corporation and Tropical Foods International present…
  • 3. INTRODUCTION AND KEY TEAM MEMBERS Firm Role / Responsibility Madison Park Development Corporation (MBE) Master Developer Tropical Foods International (Roxbury-Based) Development Partner / Business Owner DHK Architects (MBE) Master Planner and Architect, Bldgs B & C Howard/ Stein-Hudson Associates (Boston-Based) Traffic Engineer Next Street Financial (Roxbury-based) Business Strategy Consultants CWC Builders Cost Estimating Klein Hornig (Boston-Based) Legal Services to MPDC and Partnership
  • 4. MADISON PARK DEVELOPMENT The first 10 years… Madison Park III Haynes House Smith House Madison Park IV Beryl Gardens
  • 5. MADISON PARK DEVELOPMENT The next 30 years… Interfaith School House Orchard Gardens School House Ruggles Shawmut
  • 6. MADISON PARK DEVELOPMENT Community Action, Arts and Culture Arts and Culture Community Action
  • 7. MADISON PARK DEVELOPMENT Commercial Properties 184 Dudley Street 2451 Washington Street Hibernian Hall
  • 8. PROJECT GOALS  Generate local jobs & wealth creation opportunities for Roxbury residents  Provide access to new products, services and affordable, healthy food  Retain & enhance a neighborhood icon: Tropical Foods Supermarket  Create a vibrant and contextual multi-use development  Establish a pedestrian friendly environment
  • 10. Who… …a 40 year old, Roxbury-based, family-owned supermarket. 2010 Sales Stats - Over $14 million in sales - 650,000 customers - Majority of customers from Roxbury and Dorchester areas of Boston
  • 11. Employment stats Roxbury Dorchester Jamaica Plain
  • 12. Procurement stats Tropical Foods' 2009 & 2010 Local Purchasing: $5,222,317 Metro Boston (13.45%) Boston Roxbury Roxbury Chelsea (35.83%) Boston Roxbury (13.25%) Chelsea Everett Chelsea Everett (18.73%) Boston Rest of Metro Boston Everett (18.74%)
  • 13. What… …a new and improved grocery store. Current Store Proposed Store Size 8,500sf 18,000sf Registers 9 14 Parking 80 112 Frozen Food Coolers 20 60 Deli no yes Fresh Fish no yes Bakery no yes Expanded sections include: • Produce • Meat • Dairy • Healthy foods • 30-40 new jobs created
  • 16. PROJECT CHARACTERISTICS • Urban Redevelopment • Mixed Use • Retail - 42,000 SF • Office & Warehouse - 30,000 SF • Residential - 75,000 SF (66 Units) • Midrise - 5 stories
  • 18. DESIGN APPROACH - Anchor corners of site with buildings - Create access points between buildings - Organize site interior around a main pedestrian spine
  • 19. Rebuild the urban streets • Maintain scale & character of urban context • Active street level uses • Create a rich aesthetic with a variety of colors, textures, and building facades • Re-establish street wall
  • 20. GATEWAY TO DUDLEY SQUARE - Emphasize massing at corner of Washington & Melnea Cass - Five stories - Architectural treatment of the corner
  • 22. ENHANCE PRESENCE OF TROPICAL FOODS - New, enlarged building - Dramatic new image - Much improved functionality - Much improved access
  • 23. ENHANCE PRESENCE OF TROPICAL FOODS
  • 24. ENHANCE PRESENCE OF TROPICAL FOODS
  • 25. HISTORIC RENOVATION OF 2101 WASHINGTON STREET - Adaptive reuse - Revitalized image - Restoration and renovation of facades
  • 26. HISTORIC RENOVATION OF 2101 WASHINGTON STREET
  • 28. PEDESTRIAN FRIENDLY ENVIRONMENT - Integrated with the neighborhood - Sidewalk continuity - Connected to public transportation - Designed to accommodate bicycles
  • 33. Access to public transportation
  • 35. Vehicular CIRCULATION AND PARKING - Convenient vehicular access - Adequate parking for all users - Service access
  • 37. Next Street Financial Mission Statement - Provide strategic advice and access to capital to small businesses in urban markets - Headquartered in Dudley Square, Roxbury Proposed involvement in Parcel 10 - Business recruitment, marketing and outreach - Capacity building program - Identification and packaging of financial solutions Track-record working with Roxbury-based businesses - Roxbury Technology Corporation - Davis Funeral Home - Brothers Supermarket - United Housing Management - Be Our Guest Party Rentals - Boston Neighborhood Network - Crispus Attucks Children’s Center - Roxbury Comprehensive Community Health Center - Thomas Construction - City Fresh Foods - A Nubian Notion, Inc. - Madison Park Development Corporation
  • 38. Economic development & wealth creation Total Development Cost is $44 million Local Job Creation • Projected Construction jobs – 443 • Projected Permanent jobs – 145 FTE • Training/career development opportunities Small Business Development • Expanding local businesses • Providing financing and technical assistance
  • 39.
  • 40. Commercial component Commercial Program Summary Projected # Building Use Size of businesses Building A Supermarket 40,000 GSF 1 Bldg B/C Retail Space 26,000 GSF 4-8 Bldg B Office Space 11,000 GSF 1-3 Outdoor Plaza Area Cart Vendors NA 2-5 Total 77,000 GSF 10-24
  • 41. Housing component Parcel 10 - Proposed Residential Rent Rates Gross Rent Rate Affordability Level Building # of units % of total 1 BR 2 BR by income Bldg B/C 7 11% 30% of income* 30% of income* Formerly homeless Bldg C 27 41% $1,085 $1,300 $40,000-$52,000 Bldg B 14 21% $1,162 $1,327 $47,000-$61,000 Bldg B 18 27% $1,450 $1,900 Market Rate Total 66 100% * Section 8 units
  • 42. Financial PARTNERS Proposed project financing includes debt, equity and subsidy funding provided by: – Madison Tropical development team – Eastern Bank, Bank of America, Boston Capital – Mass Housing Investment Corp., MassDevelopment – Neighborworks Capital – City of Boston DND, Commonwealth of Mass DHCD
  • 43. COMMUNITY PROCESS Outreach to key stake-holders: • Local residents • Local businesses • Community organizations • Commercial district customers
  • 44. Why madison tropical?  Development team experience and track-record in Roxbury  Confirmed partnership agreement between Madison and Tropical  Local job & wealth creation opportunities  Access to new products, services and affordable, healthy food  Realistic and financially feasible development plan  Construction start date one year from designation