Doug Laub - Living City Block


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June 15, 2011

Doug Laub's presentation from America’s Sustainable Future: How U.S. Cities Are Making Energy Work, an invitational conference of public-private partnership efforts from U.S. cities pursuing innovative energy management and smart grid initiatives. The assembled leaders in industry, research and policy-making will explore the diverse energy strategies emerging in Philadelphia and across the United States.

“We’re really looking forward to both learning from the great examples set by other cities represented in the conference, and showing off the groundbreaking work happening right here in Philadelphia,” says Laurie Actman, Viridity Energy’s director of strategic partnerships and public policy.

“With smart ideas and smart policy, we should be able to build support for smart grid projects and microgrids at the federal, state and local level.”"Energy technology is changing at such a rapid pace, it's crucial to examine who's doing it right in smart grid and microgrid projects all around the country," says Eugenie Birch, Penn IUR co-director.

"With the right policy moves—which we'll be exploring at the conference—Philadelphia can be a national leader in energy innovation," noted Susan Wachter, Penn IUR co-director.

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  • Doug Laub - Living City Block

    1. 1. AMERICA’S SUSTAINABLE FUTURE<br />June 15, 2011<br />Penn Institute for Urban Research<br />Douglas G. Laub<br />
    2. 2. What we do<br />We work as an implementation partner to transform existing urban communities into: <br /><br />3<br />hyper-resource efficient, economically sustainable, socially and culturally thriving urban neighborhoods.<br />
    3. 3. By addressing the challenges as a system, we can build<br />Sustainable Resource Use<br />Energy Security<br />Economic Prosperity<br />National Security<br />Livable Communities<br />Opportunity<br /><br />4<br />Effective <br />Regeneration <br />of Cities<br />Better Cities<br />by moving <br />forward with the same work at once.<br />
    4. 4. New construction and large buildings<br /><br />5<br />This level of work is being achieved in ground-up construction and large buildings.<br />Our challenge is to achieve the same thing, or better, in existingsmall to medium sized buildings.<br />
    5. 5. 95% of U.S. commercial building owners own small to mid-sized commercial buildings<br /><br />6<br /><ul><li> 45% of all commercial sq footage
    6. 6. Consuming 44% of annual commercial building energy use</li></li></ul><li>LoDo Block Map<br /><br />7<br />
    7. 7. LC Denver LoDo Block profile<br />16 buildings with over 700,000 sq ft (including underground parking)<br />Almost all historic, in a designated landmark area<br />Mixed use – residential, commercial, and retail with 7 restaurants<br /><br />8<br />
    8. 8. Aggregation model<br />Old Fashioned Aggregation Combined with New Thinking and Models<br /><br />9<br />Business Improvement <br />Districts (BIDs)<br />HOAs<br />Aggregated Block <br />“Building Owners Association” <br />Business <br />Associations<br />Other <br />Special Districts<br />PPAs<br />Solar Leasing Models<br />ESCOs<br />
    9. 9. What we are going to do<br />Living City Denver LoDo Near-Term Goals<br /><ul><li>ENERGY and RESOURCES:
    10. 10. 50% reduction by by 2012, 75% by 2014,
    11. 11. At-least two net-zero buildings by 2016
    12. 12. MOBILITY:
    13. 13. Vehicle miles traveled reduced by 50% in 2016
    14. 14. COMMUNITY:
    15. 15. Increase in resident well-being and satisfaction,
    16. 16. Lower obesity rates, Increased community involvement, variety of housing choices
    17. 17. Local economic development:
    18. 18. Significant increases in property value, Economic Efficiency and Right Retail. </li></ul>10<br /><br />
    19. 19. How we are going to do it<br />An Integrated Approach with Multiple Benefits.<br />Prove the business/finance case<br />Prove the economic development case<br />Prove the livable communities case<br /><br />11<br />
    20. 20. Launched from Community Innovation Workshop<br />Energy Efficiency and Renewable Energy<br />Finance and Strategy<br />Material Flows and Waste<br />Water and Infrastructure<br />Marketing and Outreach<br />Livable Communities<br />Mobility Integration<br />Each group is a mix of LCB staff, outside experts, and neighborhood representatives<br />Denver working groups<br /><br />12<br />
    21. 21. LCB Denver: Phase I 2012<br /><br />13<br />
    22. 22. Phase 2: 2014<br /><br />14<br />
    23. 23. Phase 3: 2016<br /><br />15<br />
    24. 24. Finance-Governance Modeling<br /><br />16<br />
    25. 25. Finance modeling LC Denver LODO<br />Traditional Approach – Capital Stack<br /><br />17<br />Private (15-20% IRR), <br />Social Equity (10-15% IRR)<br />Equity<br />$2,000,000<br />Historic, Affordable Housing, After Market, etc.<br />Tax Credits<br />$1,500,000<br />e.g. Energy Policy Act 2007 ($1.00/sqft ee)<br /> $650,000<br />Rebates<br />CRA, Bonds, QECBs<br />$2,000,000<br />Public<br />Sub Debt<br />GEO Fund<br />$2,000,000<br />Capitalized cash flow from EE savings, ($300,000/yr)<br />$3,500,000<br />Debt<br />Additional funding needed for Project <br />$3,500,000<br />GAP IN FUNDING<br />
    26. 26. 18<br /><br />National Partners<br />
    27. 27. 19<br /><br />NGOs and Specialty Partners<br />
    28. 28. 20<br /><br />Local and State Partners<br />
    29. 29. Bring together the work in multiple locations to create <br />Energy - Water - Waste - Material Flows - Mobility - Livable Communities - Finance & Strategy -<br />Our framework<br /><br />21<br />Denver<br />D.C.<br />Living City Block<br />Framework<br />Brooklyn<br />Other <br />Locations<br />A replicable, exportable, scalable, and economically viable framework for the resource-efficientregeneration of existing cities.<br />
    30. 30. Living city D.C. 14th & U<br /><br />22<br />
    31. 31. Living City Brooklyn Gowanus Canal<br /><br />23<br />
    32. 32. Other lcb’s in consideration<br /><br />24<br />Seattle<br />Boston<br />Indianapolis<br />Fort Collins<br />Durham<br />
    33. 33. Living City santamarta, Colombia<br /><br />25<br />
    34. 34. Evaluation of new living city blocks<br />Pre-work and identification phase<br />Strong potential local partners and city champions<br />Potential academic partners<br />Electric, gas, and water utilities engaged<br />Opportunities in different physical neighborhoods<br />Phase I<br />Scouting locations, securing local partners, ID local funding<br />Phase II<br />Lock in location as well as utility/academic partners<br />Phase III<br />Baselining and Community Involvement Workshop<br />Phase IV<br />Kick off official Year 1 with secure funding<br />Hire key staff and open local office<br /><br />26<br />
    35. 35. Lcb’s key differentiators<br /><br />27<br />Small to medium-sized commercial buildings<br />Aggregation model: the power of multiple buildings<br />Whole-system approach to building Livable Communities<br />Finance modeling from Day 1<br />
    36. 36. Vision and Mission<br /><br />28<br />Regenerative and resilient cities that are culturally thriving, energy and resource hyper-efficient, and economically sustainable.<br />To create a replicable, exportable, scalable, and economically viable framework for the resource-efficient regeneration of existing cities.<br />