Van Dorn Metro Area ReinventedEisenhower Partnership Annual Meeting 2015

November 19, 2015

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Overview

Introduction

Eisenhower West Vision

Van Dorn Station Area

Joint Development Process

Moving forward

HR&A Advisors, Inc.

Introduction

HR&A Advisors, Inc.

HR&A is a real estate and economic development consultingfirm working at the intersection of the public and privatesector. Our work transforms communities and revitalizesurban environments in the United States and abroad.

HR&A Advisors, Inc.

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Primary Practice Areas

HR&A Advisors, Inc. Firm Overview | 5

Economic Development

Real Estate Advisory

Program Design and Implementation

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Our Services

Open Space Strategies

Waterfront Planning & Development

Market & Financial Feasibility Analysis

Public Private Partnerships & Development

Brownfields Redevelopment

Economic and Fiscal Impact

Transportation & TOD Development

Downtown Revitalization

Strategic Planning for Resiliency

Sustainable Neighborhood Plans

Retail Attraction Strategies

Energy Efficiency

HR&A Advisors, Inc.

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CityCenter DCWashington, DC (2001-2003)

HR&A Advisors, Inc.

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Capitol Riverfront District PlanningWashington, DC (2007)

HR&A Advisors, Inc.

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Eisenhower West Small Area PlanAlexandria, VA (2015)

HR&A Advisors, Inc.

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Eisenhower West – Vision and Goals

The goals for Eisenhower West focus on creating, over time, a vibrant, sustainable, connected, transit-oriented community that contributes to the City’s economic development goals while

providing opportunities for living, working, learning and recreating.

HR&A Advisors, Inc.

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Eisenhower West – Small Area Plan Key Elements

• Establish a new grid of streets

• Connections for pedestrians, bikes and cars

• Urban pedestrian-oriented environment adjacent to Metro

• Flexibility in redevelopment of station area parcels

• North-south multimodal bridge from South Pickett Street to Metro

• Production, Wholesale, and Repair (PWR) uses; maker and flex space

• New opportunities for business and employment

HR&A Advisors, Inc.

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Eisenhower West – Small Area Plan Key Elements

• Provides a mix of uses –office/institutional, retail, residential, PWR

• Concentrates height and density at Metro

• Height transitions adjacent to existing communities

• Co-location of civic and municipal uses with affordable housing

• Creates an open space network

• Nodes of mixed-use activity

• Six distinct neighborhoods within the plan area

• New development aligned with public infrastructure improvements.HR&A Advisors, Inc.

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Eisenhower West – Small Area Plan Overview

HR&A Advisors, Inc.

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Eisenhower West – Small Area Plan Vision

HR&A Advisors, Inc.

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Eisenhower West – Existing Conditions

HR&A Advisors, Inc.

Reinventing the Van Dorn Station Area

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Van Dorn Station Area – Existing Conditions

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Van Dorn Station Area – WMATA Facilities

• 46 short-term metered spaces

• 361 daily spaces

• 6 bus bays for Metrobus, Dash, and Fairfax Connector (no shuttles)

• 2nd busiest in private shuttle activity (41 shuttles/hour at peak periods)

• Shuttle use to increase 63% by 2040

• Weekday Ridership: ~3,200

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Van Dorn Station Area – Planning Vision

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Van Dorn Station Area – Constraints, Challenges, and Opportunities

Transit Facilities and Transit Access

• Alleviating station area congestion

• Enhancing station access by all modes – pedestrian, bicycle, bus, and autos

• Addressing gaps and deficiencies in pedestrian/bicycle network

Constraining Infrastructure

• Waste to energy plant

• Rail corridors

• Capital Beltway

• South Van Dorn Street

• Eisenhower Avenue

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Van Dorn Station Area – Constraints, Challenges, and Opportunities

Market Constraints

• Significant development momentum elsewhere in Alexandria and Northern Virginia (Waterfront, Potomac Yard, Hoffman Town Center, Tysons, R-B Corridor, Pentagon City, Mosaic/Merrifield)

Opportunities

• Metrorail adjacency, Beltway access/visibility

• Residential market still strong (for now)

• Existing conditions could create unique placemaking

• WMATA property could be used as catalyst (if transit access constraints can be solved)

Development of the WMATA-owned Property

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Joint Development Program Overview

Metro defines joint development as. . .

“… a creative program through which property interests owned and/or controlled by WMATA are

marketed to office, retail / commercial, recreational / entertainment and residential developers with the

objective of developing transit-oriented development projects.”

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Joint Development Program Objectives

Integrate WMATA's transit facilities

Reduce automobile dependency

Increase pedestrian/bicycle originated transit trips

Foster safe station areas

Enhance surrounding area connections to transit stations

Provide mixed-use development including housing and the opportunity to obtain goods and services near transit stations

Offer active public spaces

Promote and enhance ridership

Generate long-term revenues for WMATA

Encourage revitalization and sound growth in the communities that WMATA serves

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Joint Development Process

Local Jurisdiction

Planning Vision

Transit and Station Access Requirements

Development Feasibility Analysis

Coordinated Station Area

Plan

DEVELOPMENT IMPLEMENTATION

FUNDING FOR:

Replacement / Expansion Parking

Station Access and Capacity Enhancements

Other Capital and Operating Requirements

Public Sector Tools and Funding

RFP to Developers

and Investors

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Joint Development Process

Local Jurisdiction

Planning Vision

Transit and Station Access Requirements

Development Feasibility Analysis

Coordinated Station Area

Plan

DEVELOPMENT IMPLEMENTATION

FUNDING FOR:

Replacement / Expansion Parking

Station Access and Capacity Enhancements

Other Capital and Operating Requirements

Public Sector Tools and Funding

RFP to Developers

and Investors

From Vision to Implementation

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From Vision to Implementation – Potential Next Steps

STRATEGIES POTENTIAL ACTIVITIES

Develop an coordinated implementation plan

• Determination of potential development timing• Analysis of infrastructure requirements/phasing ($190M)• Coordination with Fairfax County (South Van Dorn

improvements, Vine Street development)

Develop an infrastructure financing plan

• Eisenhower Ave realignment• Multi-modal bridge• Parks and public space• Neighborhood ped/bike connections

Establish a sense of place • Preserve the character of Eisenhower West• Differentiate from other active development areas in

Alexandria and Northern Virginia

Establish incentives for desired development

• Financing tools (Tax abatements, TIF, PILOT)• Policy tools (Streamlined entitlement processes)

Advance a catalytic project • Development of the WMATA-owned property (advance a development feasibility analysis)

Van Dorn Metro Area ReinventedEisenhower Partnership Annual Meeting 2015

November 19, 2015