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

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Presentation transcript:

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

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

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

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

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

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

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

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

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

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

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

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

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.”

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.)

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

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

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

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

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