2012 Transit District Planning Program Transit-Oriented Development Initiatives AzTa/ADOT 2012 Transit Conference April 24, 2012.

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Presentation transcript:

2012 Transit District Planning Program Transit-Oriented Development Initiatives AzTa/ADOT 2012 Transit Conference April 24, 2012

2010 Forces Driving TOD Efficiency Infrastructure Public Services Changing Real Estate Market Demographic shifts

“Reinvent Phoenix” 2012 Selected for Full Funding City of Phoenix receives 4 th Largest Award in Nation

Primary Project Objectives Create an attractive investment environment for TOD near Metro Light Rail. Maximize community benefits from TOD investment.

Step I: Planning Step II: Design Step III: Implementation Buildings Open Spaces Streets Canals Stormwater Management Rezoning Tax Abatement Marketing Improvement Districts Predevelopment Assistance Grant Writing Objective: Identify & Prioritize Optimal Investments Create Public Realm Investment Concepts Regulate, Incentivize & Pursue Investment Objective: Planning Process

Project Milestones 2012  Formalize Project Team  Area Research  Community Visioning 2013  Adopt Gateway and Eastlake Plans  Hold Pre-Development Assistance Grant Competition 2014  Adopt Midtown, Uptown, and Solano Plans  Initiate Rezoning and other Implementation Actions

US Department of Housing & Urban Development Community Challenge Planning Grant Project Team  Planning and Development  Public Transit  Community and Economic Development  Parks and Recreation  Water Services  Street Transportation  Neighborhood Services  Housing + Community Partners

Community Partners

Next Steps May: Execute Contracts with Community Partners June: Public Kick-Off and Website July: Consultant RFP