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SPACE 134 - Business Mixer Presentation 06-2015

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SPACE 134 - Business Mixer Presentation 06-2015

  1. 1. SUMMER WELCOME to the MIXER SUMMER WELCOME !
  2. 2. W W W. S PA C E 1 3 4 . O R G TO VERDUGO MOUNTAINS TO LA RIVER TO BURBANK TO LOS ANGELES TO NORTHEAST LOS ANGELES TO PASADENA NORTH Downtown Park (≈5 ACRES) Neighborhood Park (≈15 ACRES) Village Center (≈10 ACRES) The Glendale “Space 134” project is a concept study for a “freeway cap park” over the 134 Freeway from Central Avenue to Glendale Avenue. The freeway cap park would connect the community to the City’s civic, cultural, and business core through public open spaces, and through pedestrian & bike friendly trails. 1 3 4 F R E E W A Y V E R D U G O W A S H GLENDALE AVENUE GENEVASTREET JACKSON STREET LOUISE STREET BRAND BOULEVARD CENTRAL AVENUE 1. WHAT IS SPACE 134?
  3. 3. W W W. S PA C E 1 3 4 . O R G KLYDE WARREN PARK Dallas, TX HANCE PARK (Renovation) Phoenix, CA WALTER P. REUTHER PARK Southfield, MI MILLENIUM PARK Chicago, IL WEST LOOP PARK Chicago, IL ROSE KENNEDY GREENWAY Boston, MA DUPONT CIRCLE PARK Washington, D.C. BQGREEN DECK PARK Williamsburg, NY PROPOSED CAP PARKS BUILT CAP PARKS KEY: FREEWAY PARK Seattle, WA AUBREY DAVIS PARK Mercer Island, WA SPACE 134 Glendale, CA HOLLYWOOD CENTRAL PARK Hollywood, CA Ventura, CA PARK 101 Los Angeles, CA TONGVA FREEWAY CAP Santa Monica, CA CALIFORNIA MEMORIAL PARK La Canada Flintridge, CA TERALTA PARK San Diego, CA 101 FREEWAY CAP PARK 2. CAP PARKS AROUND THE NATION
  4. 4. Activities/Sports for all ages Multi-use trail systems Open fields for various activities Activate the park with a dog park Support active transportation Include iconic public art Artistic playgrounds for children Create spaces for self expression Program art/cultural events Furnishings that celebrate Space134 Build nature trails Allow for natural features Bring nature into the city Provide opportunities for Environmental stewardship Use natural materials Program activities unique to Glendale Create spaces for local businesses Capture views of Glendale Program community events Provide a central gathering space HOW DO YOU THINK SHOULD BE DESIGNED? WHAT DO YOU THINK THE AROUND SPACE 134 NEEDS? NumberofRespondents Community Comments Related to... 11020304050 W W W. S PA C E 1 3 4 . O R G 3. WHAT DOES THE COMMUNITY THINK? TREES,GREENSPACE, PARKS,PLANTS,SHADE, FRESHAIR KIDSSPACE,PLAYAREA, FAMILY-FRIENDLY TRANSIT,BIKE AMENITIES,PATHS, TRAILS CULTURAL VENUES 36 VOTES 39 VOTES 23 VOTES 43 VOTES BUILD ARTFUL SPACES Photos from the May Community Event EMBRACE NATURE MAKE IT ACTIVE CELEBRATE GLENDALE
  5. 5. 1-9W W W. S PA C E 1 3 4 . O R G 69% 65kGALLONS Temp Reduction Outdoor Activity Stormwater Intercepted W W W. S PA C E 1 3 4 . O R G 0% 10% 20% 30% Nationwide Avg. High Line Millenium Klyde Warren Rose Kennedy 0 1m 2m 3m 4m 5m G randPark H igh Line M illenium K lyde W arren R ose K ennedy 0% 20% 40% 60% 80% 100% InternationalDomesticRegional High Line Millenium Park Klyde Warren Re-stitching Downtown together and adding a highly-amentized park in place of the 134 Freeway will have a significant positive effect on nearby and adjacent property values. New park space in Downtown Glendale will promote active lifestyles, improving public health; a freeway cap will reduce pollution and enhance air quality, reduce runoff, and encourage biodiversity. Regular park programming, including major events, can attract new visitors to Glendale, increase how long they stay Downtown, and encourage repeat visits, supporting local businesses. Space 134 would enhance Glendale’s brand, further enabling the City to compete regionally to attract new employees, residents and visitors to the City, and in particular Downtown. HEALTH & ENVIRONMENT PROPERTY VALUES VISITATION & SPENDING BRAND RECOGNITION The High Line, New York City, New York Klyde Warren Park, Dallas, Texas The ‘Big Dig’ project and Rose Kennedy Greenway, Boston, MA Park-Related Property Value Premiums* Klyde Warren Park Estimated Impacts Annual Park Visitation Park Visitor Origins Millennium Park, Chicago, Illinois *Premiums on property adjacent to a high-quality park vs. similar properties. 4. BENEFITS OF SIGNATURE PARKS
  6. 6. W W W. S PA C E 1 3 4 . O R G $0 $100k $200k $300k $400k $500k $600k $700k $800k H ance R ose K ennedy B rooklyn B ridge D iscovery G reen Y erba B uena M illennium K lyde W arren Philanthropy Earned Income Public Public Klyde Warren Public Millennium Rose Kennedy 13% 15% 72% 7% 56% 37% 23% 29% 48% $0 $50m $100m $150m $200m $250m Private Public-Private Public HanceMilleniumKlyde Warren $0 $50m $100m $150m $200m $250m $300m $350m Private Public-Private Public Hance*MilleniumKlyde Warren $0 $50m $100m $150m $200m $250m $300m $350m Private Public-Private Public Hance*MilleniumKlyde Warren Private/ Philanthropy Public/ Private Public Earned Income Public/ Private Private/ Philanthropy 25% 30% 30% 35%35% 35% Private/ Philanthropy Public/ Private Public Earned Income Public/ Private Private/ Philanthropy 25% 30% 30% 35%35% 35% Highly-programmed, signature downtown parks require significant annual operating funding, ranging from $250,000- $750,000 per acre, and earned income rarely exceeds 20 percent of total expenses. Adopting an effective governance strategy early on in the planning process will be essential to create a high-quality park and to support continued maintenance, operations and engaging programming. In most cases, capital funding requires a mix of public and private funding, with deck infrastructure funded publicly, and the surface park and amenities drawing heavily from private sources. The successful implementation of Space 134 will require governance, capital and operating resources, and it will be important for local government to leverage public-private partnerships. CAPITAL FUNDING OPERATIONAL FUNDING EFFECTIVE GOVERNANCE LAYERED RESOURCES Klyde Warren Park, Dallas, Texas Millennium Park, Chicago, Illinois Annual Operating Costs, per Acre Illustrative Space 134 Capital Funding Deck Park Operating Sources *Includes HR&A estimates for 2014 Hance Park Master Plan redesign. Illustrative Space 134 Operational Funding Deck Infrastructure Costs and Funding Park Construction Costs and Funding 5. IMPLEMENTING A CAP PARK

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