STATE OF THE ATLANTA BELTLINE - Council for Quality Growth › wp-content › uploads › 2016 › ... · 2016-09-29 · STATE OF THE ATLANTA BELTLINE 22 Miles to A Better Atlanta

Atlanta BeltLine // © 2014

STATE OF THE ATLANTA BELTLINE22 Miles to A Better Atlanta

May 25, 2016



MICHAEL PARIS

President & CEOCouncil for Quality Growth



TITLE



PRESENTING



GOLD



The Coca-Cola Company

SILVER



C.E.R.M.Grice Consulting Group

Portman HoldingsWhitaker-Taylor

BRONZE



May 25, 2016



Managing Partner & CEO

JOHN WRIGHT



ATLANTA BELTLINE STAKEHOLDER PANEL

Commissioner Joan GarnerFulton County Board of Commissioners, District 4

Courtney EnglishChair, Atlanta Public Schools Board of Education

Scott SeligVice President, Acquisitions & Development, Selig Enterprises

Moderator: Dr. Eloisa KlementichPresident & CEO, Invest Atlanta



May 25, 2016



Regional Planning Leader

EMILY RITZLER



May 25, 2016



Managing Partner & CEO

JOHN WRIGHT



May 25, 2016


// 22 Miles to a Better Atlanta

Chuck MeadowsExecutive Director Atlanta BeltLine Partnership@atlantabeltline@chuckmeadows


// The Partnership


// Enable the Project


// Engage the Public


// Empower the Residents


// Importance of Philanthropy


Notes:

Values were determined by assuming maximum Federal funding participation for Transit and Trails. Parks and Private values were developed by applying the cost allocation from the projects completed to date to future project.

Values presented do not reflect committed funds. Implementation to date has leveraged 16% of previously unidentified funds.

// Potential Funding Scenario

TAD, $1,454, 33%

Federal, $1,272, 29%City/State for

Streetscapes, $343, 8%

City - Parks, $157, 4%

Private$275, 6%

Unidentified$891, 20%

Total Program = $4,393 billion

$ values in millions


// Potential Funding Opportunities

Capital Campaign

Special Services District

Sales Tax Votes



May 25, 2016



President & CEO

PAUL MORRIS


// Atlanta BeltLine:10 Years and Growing

State of the Atlanta BeltLineMay 25, 2016

Total investment to date: $449 million

Over 110 projects complete or underway within Planning Area* valued at over $3 billion

Total ROI: 7 to 1

*Projects larger than 10 dwelling units and/or 10,000 square feet

// Overall Progress to Date

Between now and 2018 (Period 1), the SIP includes the following project priorities:

• Securing rights to the remaining right-of-way to complete the 22-mile Atlanta BeltLine loop;

• Completing the southern half of the Westside Trail and commencing construction on the Southeast Trail;

• Constructing Boulevard Crossing Phase II, Enota and Murphy Crossing Parks;

• Initiating the first phase of Westside Reservoir Park including the passive-use park space; and

• Constructing streetcar/light-rail transit on the East and West sides of the Atlanta BeltLine.

// SIP Period 1

• Expands on the Atlanta Streetcar starter line

• 22 miles of transit around the Atlanta BeltLine

• 28 miles of crosstown transit

• Complements existing and planned bus service

• Connects communities, key destinations and employment centers

• Promotes more one-seat rides and seamless connections to MARTA

// Transit System Planning

Current Environmental Assessment

• Atlanta BeltLine EastMontgomery Ferry Road to Glenwood Avenue; Irwin Street (5.9 miles)

• Atlanta BeltLine WestD. L. Hollowell Pkwy to University Avenue (4.6 miles)

• CrosstownNorth Avenue; Luckie Street (4.8 miles)

• Atlanta University CenterLuckie Street to Atlanta BeltLine West (2.5 miles)

// Current Projects: Transit

• Construction is on schedule and within budget

• To be complete in 2017

• 3-mile trail will connect 4 schools and 4 parks

• 14 access points

• Vertical connections

• Preparation for future transit

// Current Projects: Westside Trail

• Phase I – Irwin to Kirkwood

• Contractor selected

• Finalizing easements and permits

• Construction anticipated to begin spring 2016

• Timeline for completion is 18 months after start

// Current Projects: Eastside Trail Ext.

• Negotiating with design firm

• Includes 4-mile trail between University Ave & Memorial Drive

• Design to include lighting, retaining walls, vertical connections, storm drainage, signage/wayfinding, and bridges

• Design to be complete in 18-24 months followed by construction, subject to acquisition and securing funding

// Future Projects: Southside Corridor

• 202 acres of greenspace opened

• 130 acres under environmental assessment by EPA

• Acquisition underway on all other planned parks

• Goal: 1,300 acres of new greenspace

• Goal: 700 acres of renovated greenspace

// Efforts to Date: Parks

Spring 2013 2017-18

• Part of 46 mile complete streets program• From Boulevard to Freedom Parkway• Construction Start: Winter 2017• Joint venture with GDOT and Ponce City Market• NEXT UP: University Avenue & Ralph David Abernathy

// Efforts to Date: Complete Streets

Ponce De Leon Avenue

// Affordable Workforce Housing

Goals of: 28,000 New Units 5,600 Workforce Units

1st Generation (2009-2015)

• $8.8M Trust Fund capitalized Down Payment Assistance Incentives for Developers Property Acquisition

• To date: 15,483 New Total Units 2,279 Workforce Units More than 1,000 ABI/Invest

Atlanta supported Units

Boynton Village – 43 units in Peoplestown

Reynoldstown Senior – 70 units under const.

LRC – 29 units in Reynoldstown

PARTNER GOAL: Neighborhood Stabilization/Protection

• Elements Downpayment assistance Owner occupied rehabilitation

adjacent to the Westside Trail

• Eligible families Under 80% of Area Median Income

($43K for a family of two)

• Success Expect 23 or more closings in the

PILOT year (Mar 2015-Mar 2016)

• 2016 Renewal Negotiating a 2nd year with FHLBA Expanding production through

partnerships - $635,000 to $2,000,000 Formation of commercial/industrial

pilot program to mirror residential

// FHLB Atlanta Structured Partnership

// Lofts at Reynoldstown Crossing II

• Approx. 1.3 acres along Memorial Drive

• Adjacent to the Atlanta BeltLine

• ABI plans to issue an RFP in 2016

• Affordable housing is a key objective

• Key strategies Lead manufacturing, neighborhood health, and business support services

sectors Optimize industrial land uses Pursue an business loan fund in strategic locations Lead and coordinate planning in key redevelopment nodes

• Key projects Advance Murphy Crossing site Lead planning efforts in the Boulevard Crossing node Activate new commercial activity at Westside Trail

// Economic Development Action

// Murphy Crossing Study

• Six-month study funded by grant from the Economic Development Agency

• Jobs Related Economic Feasibility Analysis of Murphy Crossing and the Surrounding Area

• Prioritized Recommendations for Short, Mid and Long Term Activation

• Neighborhood Workforce Analysis

• Analysis of economic development scenarios

• Case studies of other national models

• Framework for Site Preparation


// Thank You

@[email protected]



May 25, 2016



City of Atlanta

MAYORKASIM REED



May 25, 2016

STATE OF THE ATLANTA BELTLINE - Council for Quality Growth › wp-content › uploads › 2016 › ... · 2016-09-29 · STATE OF THE ATLANTA BELTLINE 22 Miles to A Better Atlanta

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