rv 2014: the infill tod circus- step right up! by norman bjorness

Post on 05-Jul-2015

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The Infill TOD Circus: Step Right Up Developing within a built-up transit corridor has unique challenges: demolition, infrastructure improvements, increases in scale, access improvements, community opposition (or support) and financing. Add to those, managing expectations for a new transit facility in an existing community, and infill TOD can be a real circus. Hear our panel of developers talk about their experiences. What does it take to develop that mixed-use environment everyone wants? How can you manage expectations? And what does it take to establish a brand? Moderator: Mariia Zimmerman, AICP, Principal, MZ Strategies, LLC, Arlington, Virginia Meea Kang, President and Founder, Domus Development, Davis, California Tony Barranco, Vice President of Development, Ryan Companies USA, Inc., Minneapolis, Minnesota Norman Bjorness, Developer, Oaks Properties, Minneapolis, Minnesota

TRANSCRIPT

THE INFILL TOD CIRCUS: STEP RIGHT UP

GARLAND CITY CENTER & OAKS 5TH STREET CROSSING PHASE 2

Tuesday, September 23rd 2014

Norman P. Bjornnes Jr.

GARLAND

CITY

CENTER

ROUTE

DART

Time Lapse Video Phase 2 Progress

City of Garland: Texas Made Here

• 12th Largest City

• 15 miles NE of Downtown Dallas

• Downtown Redevelopment Implementation Plan• 2005• Presented City’s downtown renaissance strategy • Phase 1: 5th Street Crossing

• Developed by High Street Residential• Completed in 2009

• Phase 2: RFQ• Issued in August,2011

City of Garland: Strongest Supporter

•Zoning is not an issue•Public/Private partnership•DART Blue Line•Development driver to Downtown Square•Freight line is Parallel to DART

Work Force Housing Demographic

•Conventional Financing•Land Lease•City due diligence•Unwavering city support

• Administrative & Political

Challenges

• Parking

• City Parking Structure

• Concurrent Construction

• 2 or more of everything

• Construction Schedule Challenges

• Additional time• Complexity

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