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K INCORA V ILLAGE C ENTER ZMAP 2008-0021 Board of Supervisors Committee of the Whole May 18, 2010.

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Presentation on theme: "K INCORA V ILLAGE C ENTER ZMAP 2008-0021 Board of Supervisors Committee of the Whole May 18, 2010."— Presentation transcript:

1 K INCORA V ILLAGE C ENTER ZMAP Board of Supervisors Committee of the Whole May 18, 2010

2 Updates  Removed 2 acres of very steep slopes from rezoning area  Proffered to stripe Pacific Blvd from northern boundary to Severn Way minor league baseball stadium

3 Land Use - Keynote Employment Residential Use and Residential Density  Site is suitable for Keynote Employment  70-85% Class A Office supported by limited commercial retail and service uses (does not include residential)  1,400 multi-family residential units proposed  Mixed-use Regional Office policies limit residential to 720 AOL, a Keynote Employment Center

4 Pacific Blvd Nokes Blvd Floodplain Dedication acres Open Space Preservation Program To Offset Residential Density 56 acres – Open Space Preservation Program 89 acres – Capital Facilities 17 acres – Site’s open space 4

5 Land Use Commercial Retail and Service Uses (Amount and Scale) Retail Plan Policy - 136,110 sf  Limits to 5% of office floor area  5% of office and residential floor area would be 194,180 sf Proposed – 868,825 sq ft  2 hotels/475,000 sf  1 grocery store – 60,000 sf  1 health and fitness center - 60,000 sf  1 outdoor recreation center – 60,000 sf 5

6 Land Use Phasing With the Stadium Office/Employment Uses Predominant 40% 17% 43% 36% 25% 39% 29% 25% 41% 2% 3%

7 Land Use Phasing Without the Stadium 38% 20% 42% 36% 30% 34% 30% 38% 29%

8 Site Design Pedestrian Mobility & Safety  Commit to intersection design solutions for Roads 1 and 2 that increase the safety of pedestrians  Align Roads 8 and 9 to create a full intersection with Roads 2 and 6 Parking  Locate buildings close to the road with parking to the rear  Parking structures or surface parking lots should not be located along the Pacific Blvd frontage

9 Capital Facilities Proffered Contribution Consistent with Policies Proposed Mitigation (Consistent with previous Board Action) Proffered Contribution Not Consistent with Policies (Board’s discretion) 5-acre public use site $3,329,120 Road improvements $24,895, acre floodplain dedication $5,039,892 23,590 linear feet of trails $935,484 Observation platform $25,000 Subtotal $4,264,604Subtotal $24,895,078Subtotal $5,064,892 TOTAL proffered & proposed $34,224,574 Kincora’s Capital Facilities Impact/Anticipated Contribution 1,400 x $23,758 (CIF for multi-family units) = $33,261,200 9

10 U NMET HOUSING NEEDS UNITS Unmet Housing Need Units Up to 100% AMI (rent or purchase)72 Unmet Housing Needs Units Up to 85% AMI (rent or purchase)56 ADU Equivalent Units 31% - 59% AMI (rent) or 31% - 69% AMI (purchase)88 Unmet Housing Needs Units Up to 30% AMI (rent or purchase)12 Total228 units Article 7 requires ADUs to be interspersed with market rate units Article 7 Income limits for rental ADUs is greater than 30% and less than 50% AMI Rental units up to 100% or 85% AMI are equivalent to market rate units with rents of approximately $2,500 and $2,200 per month respectively Shortage of rental units at 60% AMI and below The Kincora Fiscal Impact Analysis assumed average household income level for rental units at $80,000 – approximately 80% AMI

11 S CHOOLS Kincora: 186 students Capacity: over by 48 Kincora: 98 students Capacity: over by 47 Kincora: 80 students Capacity: available SITE Schools 1,400 residential units generate 364 students

12 Capital Facilities 5-acre Public Use Site  Dedicate public use site regardless of PPEA process.  Provide access & extend utilities prior to conveyance.

13 Loudoun County Pkwy Russell Branch Pkwy Route 7 Nokes Blvd Gloucester Pkwy Gloucester Pkwy - Construct 4 lane median divided in 6-lane ROW dedication from Loudoun County Pkwy to Rt. 28 Pacific Blvd - Construct 4 lane divided from southern boundary to Russell Branch Pkwy Route 28 SITE Transportation - CDA Constructed or bonded for construction within 3 years of the date the CDA is created “with reasonable extensions to be granted should market conditions not permit issuance of CDA bonds at a reasonable rate of interest.”

14 Loudoun County Pkwy Russell Branch Pkwy Route 28 Route 7 Nokes Blvd Gloucester Pkwy SITE Pacific Blvd - Construct 2 lanes from Rt 28/Nokes Blvd interchange to site entrance Transportation - Phase 1A (Includes ZMAP & SPEX. Excludes land bay Q.)

15 Loudoun County Pkwy Russell Branch Pkwy Route 28 Route 7 Nokes Blvd Gloucester Pkwy SITE Transportation - Phase 1B Pacific Blvd - Construct 4 lanes from southern boundary to northern site entrance

16 Loudoun County Pkwy Russell Branch Pkwy Route 28 Route 7 Nokes Blvd Gloucester Pkwy SITE Transportation - Phase 2 Pacific Blvd - Construct 4 lane connection to Russell Branch Pkwy

17 Loudoun County Pkwy Russell Branch Pkwy Route 28 Route 7 Nokes Blvd SITE Transportation - Phase 3 Gloucester Pkwy - construct 4 lanes in 6-lane ROW dedication Gloucester Pkwy Timing - Prior to exceeding 2.4 million sq. ft. of non- residential floor area (ZMAP only) Pacific Blvd

18 Rezoning Request from PD-IP (1972 ZO) to PD-MUB UseMaximum Floor Area Office2,722,200 sf Commercial*393,825 sf Hotels (2)475,000 sf Multi-family Residential 1,544,000 sf 1,400 units TOTAL5,135,025 sf Pacific Blvd Nokes Blvd Route 28 Kincora SPEX (stadium) public use site *includes up to ,000 square foot retail buildings

19 K INCORA V ILLAGE C ENTER ZMAP Board of Supervisors Public Hearing May 10, 2010


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