5 I-1/I-2 Design-Build Project Awarded in December 2008KSWRP, a Joint VentureKiewitStacy & WitbeckReyesParsonsContract Value $430M
6 Project Description 2 Line Sections (I-1/I-2) 9.29 miles Total Length Connects to Green Line at Bachman StationEnds on DFW Property at Belt Line StationRevenue ServiceI-1 August 2012I-2 December 2012
8 What is Transit Oriented Development? Transit-Oriented Development (TOD) is moderate to higher density development, located within an easy walk of a major transit stop, generally with a mix of residential, employment, and shopping opportunities designed for pedestrians without excluding the auto.
9 General Limits for TOD Center Core Up to 600 ft Greatest intensity Intermediate intensityEdgeftGreater than community average intensity
23 Property Classification and Evaluation Process Real Estate ClassificationMapping (GIS)DART Real Estate DepartmentFunctional ClassificationReal Estate EvaluationSPPREDART StaffPreliminary Ranked ListProperty Classification and EvaluationRanked List of properties with development potentialPrioritization of top 39 propertiesRanking of top 20 properties
24 * TOD Catalyst Facilities 1Mockingbird Station2Park Lane Station3Pearl Station4Spring Valley Station5Deep Ellum Station6Downtown Plano Station7Cedars Station- Powhatten8Lake Highlands Station9South Irving Station10Arapaho Center Station11Parker Road Station12Addison Transit Center13Westmoreland Station14LBJ-Skillman Station15Galatyn Park Station16Trinity Mills Station17Forest Lane Station18Illinois Station19Kiest Station20Forest-Jupiter Station24* TOD Catalyst Facilities
25 TOD Process and Procedures TOD Investment Package ChecklistsStation Area Property DataPlanning Documents (as available)Due DiligenceTitle Reports○Projected RidershipMarket Assessment ○SurveyZoning and Land use PlanFinancial Feasibility ○Phase 1 EnvironmentalMember City PlanProperty and Sales Tax Rates ○Phase 1 AppraisalFloodplain MapsAssessmentEconomic ImpactOutcome+,-, neutralRecommendations-Stakeholder Discussions -Due Diligence -Planning Documentation -Financial FeasibilityDART potential income -Sale -Land Lease -OtherProceed to Solicitation Process SelectionImpact on DART Services -Ridership -Operations -MaintenanceExplore Joint Venture/ PartnershipsDo Nothing