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NJ Future Forum 2012 Investing Strategically in TOD Baker


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NJ Future Forum 2012 Investing Strategically in TOD Baker

  1. 1. Investing Strategically in Transit OrientedDevelopment in NJ:NJ TRANSIT’S EXPERIENCE 1 NJ Future Redev Forum March 2012
  2. 2. Presentation Overview Overview of NJ TRANSIT’s “Transit Friendly Planning, Land Use and Development” program Highlight how NJT has assisted TOD projects examples and the Transit Village Program Highlight how and why partnerships between and amongst state agencies, policymakers, Counties and MPOs, local leaders, the private sector, community development corporations and the public at large are crucial for TOD to be successful in NJ (overview of the Northern NJ Sustainable Communities Grant) 2 NJ Future Redev Forum March 2012
  3. 3. NJ Transit’s Multimodal Network • Third largest commuter transit system in the country • Commuter Rail, Light Rail, Express Bus, Intra-state Bus, Private Bus Carriers, Bus Rapid Transit “Lite” & Community Transit (by private carriers and/or counties) • Connecting NJ to Center City Philadelphia, Atlantic City, Newark, Jersey City and Lower and Midtown Manhattan 3 NJ Future Redev Forum March 2012
  4. 4. NJ’s Light Rail Network3 different lines (Newark, River LINE, Hudson-Bergen)60 stations in 21 NJ communities 4 NJ Future Redev Forum March 2012
  5. 5. NJ’s Integrated Transit Network Enables TOD 75% of New Jersey’s residents live within 5 miles of a transit station 1 in 4 New Jersey communities hosts a rail station 30% of New Jersey residents live within walking distance of rail stations, and 10% of New Jersey residents use mass transit for work trips 5 NJ Future Redev Forum March 2012
  6. 6. How does NJ TRANSIT assist communities so that they take advantage of NJ’s multi-modal, interconnected transit network to ensure a sustainable land use/transportation connectionTRANSIT FRIENDLY PLANNING & TOD!! Engaging community leaders, advocates, residents and businesses Providing technical assistance and on-call consultant expertise Collaborating with local, county, regional and state partners Building consensus Creating market-worthy plans Executing good projects to create sustainable local economic opportunity around transit (Transit-Oriented Development) 6 NJ Future Redev Forum March 2012
  7. 7. NJ Transit’s Approach EDUCATE communities Create a VISION for TOD, engaging numerous, varied partners & stakeholders Work with municipality so they adopt redevelopment PLAN or new zoning ORDINANCE to memorialize vision; creation of local, sustainable development entitlements is essential IMPLEMENT (build something!) If NJT-owned property involved: RFP process Development and/or conveyance agreements 7 NJ Future Redev Forum March 2012
  8. 8. Successful Transit Oriented Development …A Collaboration Jersey City Waterfront (ongoing investment since early 1980’s) Montclair Residences at Bay Street 1000’s of housing units, millions of s.f. Station (2009) of office and retail, significant open 165-unit studio, one and two BR Rental space Residential Units Transit Center (1999) Hamilton PATH, HBLR, buses, ferries New garage shared by garage 2,066 space residents, commuters and visitorsThe Highlands at Morristown Station (2009) Cranford Crossing (2007)217 Residential Units 50 Residential Units10,400 sf Retail 22,000 sf Retail736 space garage 310 space garage 8 NJ Future Redev Forum March 2012
  9. 9. NJ’s Transit Village Initiative• Effort led by NJ DOT and NJ TRANSIT (started in 1999)• State agencies partner to recognize TOD indesignated communities• 23 transit communities designated, to date• Designation criteria include municipaladoption of transit oriented development byMaster Plan (vision document), AND ZoningCode and/or Redevelopment Plan, creationand implementation of TOD-friendly,sustainable design guidelines.• Program re-tooled in 2008…“rolling”designations, address affordable housing 9 NJ Future Redev Forum March 2012
  10. 10. “Next Generation” of NJ TRANSIT’s Transit Friendly Planning Program 1. Technical Assistance 2. Partnerships 3. Public Education/Outreach 4.TOD Database 10 NJ Future Redev Forum March 2012
  11. 11. “Next Generation” Connections betwn Land Use and Transit… • Regional Corridor Approach • Bus/BRT TOD Opportunities • Reconnecting Jobs to Transit • Expand partnerships to leverage ALL available funds • Develop understanding of sustainable benefits of TOD (GHG reduction, green land use, brown/greyfield reuse, walkable environments = healthier lifestyles) and environmental impacts • Understand and exploit trends…increasing senior population, increasing demand by Gen Y and “Millennials” for gadgets and proximity to jobs rather than cars, smaller households = significant increase in demand for housing within walking distance of transit • Engage more not-for-profit developers and community development finance institutions (CFDIs) in TOD PHOTO: BRAZIL’S BRT REPORT IMAGE: NEW JERSEY FUTURE 2009 11 NJ Future Redev Forum March 2012
  12. 12. Program Overview 12 NJ Future Redev Forum March 2012
  13. 13. TFP Technical Assistance 13 NJ Future Redev Forum March 2012
  14. 14. Technical Assistance - Screening Process 14 NJ Future Redev Forum March 2012
  15. 15. Inner Morris & Essex Line Project • Strategic Rail Corridor for NJ TRANSIT – one seat ride to midtown Manhattan and connection to PATH in Hoboken • Development around Brick Church Station (EO) and in Valley Arts District (Orange) demonstrated established market • Established urban fabric, infrastructure and municipal and CBO willing partners to build upon • Strategic regional location and high level of service with access to Route I-280, GSP and transit – bus and rail Best New Investment/TOD Opportunities: East Orange, Brick Church station areas • Best Neighborhood Infill/ Adaptive Reuse Opps: Orange, Highland Ave stations & environs 15 NJ Future Redev Forum March 2012
  16. 16. Key Findings…Where Residents Work 16 NJ Future Redev Forum March 2012
  17. 17. Key Findings…Linked Issues & Opportunities Unique approach for NJT TFP Program – engage both City of Orange Twp & City of East Orange municipal staff, key community stakeholders and the not-for-profit sector; collaborative analysis of common issues and mutual goals for neighborhood revitalization, community empowerment and “new” real estate investment (TOD) around shared rail and bus network 17 NJ Future Redev Forum March 2012
  18. 18. Union County Sustainability Corridor • Dedicated Right of Way (old Conrail track bed) • Runs from Garwood Rail Station to Jersey Gardens Mall/Newark Liberty Airport • Connects NE Corridor to Port of Newark & jobs (at Jersey Gardens Mall) • Envisioned as a “Sustainability Corridor” with BUS RAPID TRANSIT bike paths, trails sharing the dedicated ROW • Up front collaboration with communities to evaluate and, where appropriate, change land use codes to allow TOD; ID and market potential TOD sites; secure gov’t, not-for-profit and private sector support for community vision 18 NJ Future Redev Forum March 2012
  19. 19. TFP Partnerships 19 NJ Future Redev Forum March 2012
  20. 20. Alternate Funding Sources to Support NJT’s TFPMulti-pronged approach to supporting transit friendly planning and TOD in NJ…looking ahead…non traditional funding and partnerships:1. Focus on identifying funding options from sources such as HUD, EPA, DOT (Livable Communities Initiative)2. Concentrate on securing outside funding from foundations and other collaborative sources for TFP Program activities3. Fall 2011 = North Jersey Sustainable Communities Consortium awarded $5 million grant from USHUD to create “a regional plan for sustainable, equitable transit oriented development in the region;” 13 counties + 5 cities = key players, but many more stakeholders need to be engaged. 20 NJ Future Redev Forum March 2012
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  25. 25. Key TOD Success Factors Transit must be welcomed by the community Stable local political environment Seek a local champion Open, transparent, engagement of local officials and community as a whole Active management of the effort; professional guidance and expertise must be offered (many communities don’t have it readily available) Partnerships are KEY! (engagement and funding between and amongst state agencies, MPOs, Counties, Municipalities, not-for-profits, private sector, etc.) Target effort to create platform for community to take further action (e.g., rezoning, redevelopment, etc.) 25 NJ Future Redev Forum March 2012
  26. 26. TOD “Lessons Learned” TOD is an economic empowering strategy that improves access to transit TOD can be a win-win for a community if the correct, helpful approach is taken Education and partnerships are central to success TOD cannot be mandated or pushed on communities – push back will occur in the form of anti-growth policies and actions Transit providers need TOD to succeed in order to survive…we have to build our constituent base…  What better way than to foster infill and/or new development within closer walking and biking distances to transit stops  Providing environments where walking and biking are attractive access alternatives to cars  Encouraging communities to deploy effective shuttle bus and van systems to connect transit riders living further out  Thoughtfully locating parking around our systems where we can reach a comfortable accommodation with host communities 26 NJ Future Redev Forum March 2012
  27. 27. Vivian E. Baker Assistant DirectorTransit Friendly Planning, Land Use & Development (973) 491-7822 Thank you! 27 NJ Future Redev Forum March 2012