City of Pittsburgh – Department of City Planning Mayor’s Land Recycling Task Force Meeting VIII Final Meeting Friday, December 2, AM – 12noon Luke Ravenstahl Mayor, City of Pittsburgh
City of Pittsburgh – Department of City Planning Agenda City of Pittsburgh – Department of Neighborhood InitiativesCity of Pittsburgh – Office of the Mayor Rob Stephany, Ex. Director, URA Kyra Straussman, Director, Real Estate, URA Why We Need Land Recycling How Action on Tax Delinquents Shifts Real Estate Markets Land Banking and Tax Sale Reform Recommendations and Action Steps
16,239 Tax Delinquent Parcels 11% of Total City Parcels
Average Sales Price by Census Tract,
Average Sales Price by Census Tract,
Average Sales Price by Census Tract,
Average Sales Price by Census Tract,
Average Sales Price by Census Tract,
Larimer Acquisition October, 2006 89 Parcels in Zone 17 are Publicly Owned 37 requested in September/December Treasury Sale 19% Public Ownership
Larimer Acquisition July, 2007 184 Parcels in Zone (zone expanded) 51 are Publicly Owned 52 requested in March/May/August 2007 Treasury Sale 28% Public Ownership
Larimer Acquisition October, 2008 184 Parcels in Zone 101 are Publicly Owned 55% Public Ownership
Larimer Acquisition April, 2010 193 Parcels in Zone 105 are Publicly Owned 7.85 out of 13.5 Acres Are Publicly Owned 54% Public Ownership
Larimer Vision Plan
Larimer RFQ
Larimer Development Proposal - KBK
Homewood Acquisition December, 2011 Total Parcels in Zone 1066 Parcels Publically Owned 161 Parcels Treasury Sale 183 Parcels 15% of Parcels Publicly Owned (currently) 32% of Parcels Publicly Owned (following treasury sales)
Homewood – “Bridging The Busway”
Homewood RFQ
Homewood Development Proposal
Land Banking and Tax Sale Reform Mayor Luke Ravenstahl has been a leader in our Commonwealth for reclaiming vacant and tax delinquent properties We’re advocates for State legislative reform like HB 1682 land bank enabling legislation and related state legislation
New Land Bank Authority URA enhanced mission Non-profit Organization City Bureau Or… Land Banking and Tax Sale Org. Options
Recommendations and Action Steps Our current system works, is fully funded and creates net positive revenue Land recycling budget review
Action Steps: 2012 Enable and appoint a Land Recycling Standing Committee Use funds created by the Land Recycling system Enable current system to coordinate, expand toward comprehensive land recycling All spending directed towards more neighborhood demolition, greening, development and property management that creates value
Land Recycling Committee’s Charge Deliver highest and best use of that investment capital to generate the largest return possible in terms of dollars and livability
Land Recycling Committee’s 2012 goals Act on 30% of the delinquent portfolio assumed abandoned and uncollectible, and Bring up to 30% of that part of the delinquent portfolio back to taxable status or productive reuse
THANK YOU FOR YOUR SERVICE Mayor Luke Ravenstahl pittsburghpa.gov/landrecycling