This document provides an overview and status update of the Contra Costa Centre Transit Village development project in Contra Costa County, California. It summarizes that over 2.7 million square feet of commercial space and 2,800 housing units have been completed or are under construction or planned. It also outlines some of the key planning milestones, economic and political factors that have impacted the project, and how public-private partnerships have supported amenities like affordable housing, childcare, transportation, and maintenance.

1. Great Expectations for Large-Scale TOD
Rail-Volution
September 22, 2014
Jim Kennedy
Contra Costa County, California
Contra Costa Centre Transit Village

4. Contra Costa Centre Development
Summary (9/14)1
Status Commercial2
(sf) Housing3
(du) Hotel (rooms)
Completed 2,440,487 2700 423
Under Construction -0- -0- -0-
Future Projects 310,000 100 -0-
Total 2,750,587 2800 423
1. Includes specific plan area and immediate vicinity
2. Includes office and retail square footage
3. Residential dwelling units

5. Planning Landmarks
•1983/84 – County adopts Specific
Plan and RDA Plan
•1989 – Specific & RDA Plans amended
for Area 3
•1999 – Major Specific Plan
Amendments
•2001 – BART Property Charrette

6. 1.0 Economic Cycles/Events

7. 1.1 Coggins Square/Iron Horse Lofts –
FIRREA (Financial Institutions Reform, Recovery & Enforcement Act)

8. • Over 50% of development sites
change ownership prior to
development
• Successful local developers >>>
national/international
1.2 Changing Partnerships with
a Changing Economy

9. Ownership Changes – Area 7B/8

10. 2.0 Political Factors

11. 2.1 Political Factors in Land Use
 Contra Costa Centre is an unincorporated area at the
confluence of 3 cities
 Contra Costa Centre is an infill setting surrounded by
existing neighborhoods
 Regional accessibility to BART patrons is unequaled
 Fiscal issues
 Competition with adjacent cities
 Regional retail
 Return on investment – BART & Contra Costa County

12. BART Joint Development Site

14. Take Two – Citizens Create A Transit Village
• Development conceived during 2001 Charrette
• Highly participatory public planning process
• Over 500 participants
• 80 hours of “open door” time in six days
• Residential mixed use program
• Rezoning – 2002
• Final Development Plan - 2005

15. Charrette Action

16. • Strong public
realm
• Strong connection
to regional trail
• Mixed use
• Office on the
north
• BART parking
provided for
Citizen Plan Determines Final Site Plan

17. Avalon Walnut Creek
Development Description
• 522 Residential units
• 422 rental
• 100 for-sale
townhomes
• 290,000 sf of office
• 35,550 sf of retail
• 20,000 sf business
conference center
• Parking for all uses
in on-site structures

18. 2.2 Park Regency Apartments
• Privately owned
• Properties added to Plan
Area
• Plan of finance
• Tax Exempt Bonds
• RDA Assistance
• Mixed Income – 80/20
• Completed - 1992

19. 2.3 Roadway corridor evolves to a Linear Green

20. 3.0 Institutional Change - Wally nails it

21. 3.1 Avalon Walnut Creek Business
Partnership

22. Public Financial Goals
• Create a long term revenue stream via
ground lease structure
• Acknowledge the major front end RDA
expenditure - $59.9 million
o BART Replacement parking
o Placemaking elements
o Backbone infrastructure
• Reflect RDA Affordable Housing Assistance
• Provide BART with value capture in the near
term

23. Joint Powers Agency (JPA) Structure

24. The Money
99-year Revenue Projections - Cumulative
$0
$100
$200
$300
$400
$500
$600
$700
2006 2011 2016 2021 2026 2031 2036 2041 2046 2051 2056 2061 2066 2071 2076 2081 2086 2091 2096 2101
Millions
$696 Million

25. AVALON WALNUT CREEK

26. 3.2 PUBLIC / PRIVATE
PARTNERSHIPS
• Affordable Housing
• Child Care
• Transportation Demand Management
(TDM)
• Resident Deputy
• Landscape Maintenance

27. 3.2-1 Affordable Housing Production

28. • RDA land
subsidy
• CC Centre
Assoc.
subsidy
• County Tax
Exempt Bond Financing
• CCCA Child Care Affordability Fund
3.2-2 Child Care – Step Ahead Center

29. 3.3-3 Transportation Demand Management
• Operated by Contra Costa
Centre Association
• County service area
formed - $275,000/year
• TDM Performance:
o Residential = 50% use
BART
o Employees = +30% TDM

30. Pedestrian and Bicycle Overcrossing – RDA, Local
& Federal Transportation Funds

31. 3.3-4 Resident Deputy
• Funded by Contra
Costa Centre
Association
• $250,000 annual
payment to County
Sheriff

32. • Walden Green
• Fox Creek Park
• Roadway landscaped medians
3.3-5 Park Maintenance Privatized

33. Thank you for your time