urban renaissance luncheon - 9/17/2012

DART’s Role in Transit-Oriented Development

Special thanks to our luncheon partner:

Special thanks to our generous sponsors:

Thank you to our Annual Sponsors

FOUNDING SPONSORS

San Antonio

BENEFACTOR SPONSORS

GOLD SPONSORS

San Antonio

SILVER SPONSORS

San Antonio

SILVER SPONSORS

San Antonio

Special thanks to our venue sponsor:

The Speed Networking Event

San Antonio

Wednesday,

September 26th

5:30 – 8PM

The Pearl Studio

Improve your network, learn more about the industry,

and meet future business associates and friends. Everyone is welcome!

Advance Fee: $30 Student: $20

Featured Emcee: Bob Rivard ,The Rivard Report

Presented By: ULI San Antonio YLG and ICSC Next Gen

San Antonio

2012 ULI Fall Meeting

October 16-19 – Denver, Colorado

www.ulifall.org

Save The Date – Wed, October 24

ULI Luncheon

“Creative Office” 11:30 AM – The Pearl

San Antonio

Tim Hendricks,

Sr. Vice President, Development

Todd Runkle

Principal/

Managing Director

Congressman

Charles A. Gonzalez

DART’s Role in

Transit-Oriented Development

Jack Wierzenski, AICP

Director, Economic Development & Planning

Dallas Area Rapid Transit

San Antonio – Downtown Alliance

September 17, 2012

Transit Oriented Development

Return on Investment for the Region

Richardson

Garland

Carrollton Addison

Farmers Branch

Irving

Cockrell Hill

Glenn Heights

Rowlett

Dallas

Highland Park

University Park

13 Member Cities

700 Square Miles

130 Bus Routes

The Multimodal DART System

78 Miles of Light Rail

35 Miles of Commuter Rail

84 Miles of HOV Lanes

Paratransit, Rideshare, ITS

58 Stations

Fixed Route Ridership

220,000 Passengers per day

More Than 612 Buses

The DART Fleet

163 Light Rail Vehicles

34 Commuter Rail Vehicles

186 Paratransit Vehicles

197 Vanpools

Bus Modernization

DART Plans Through 2013

90 Miles of Light Rail

35 Miles of Commuter Rail

84 Miles of HOV Lanes

Rideshare and ITS

DART Rail Expansion

Green Line

Opened Dec. 6, 2010

•28 miles

•20 stations

(4.2 miles, 4 stations

opened 9/09)

•Longest LRT expansion in

North America

DART Rail Expansion

Orange Line Openings

Irving Convention Center 7-30-12

Beltline 12-3-12

DFW-Airport 12-2014

•9.3 miles

•5 stations

•Design/Build Contract

•Construction underway:

Phases 1 & 2

DART Rail Expansion

Blue Line

Opening 12-3-12

•4.5 miles

(extension of existing Blue Line)

•One station

•Delivery: Dec. 3, 2012

ECONOMIC IMPACT Job Creation and Economic Stimulus

$5.6 billion, including prior Green

Line expenditures, 2009-14

32,095 job-years of employment

(6,400 jobs each year for five

years)

$360 million in contract awards

to minority and women-owned

businesses

University of North Texas study: The DART expansion will generate …

• Nation’s 4th Largest Metro Area

• No.1 Fastest-Growing Metro

• Fifth Most Congested Metro

“The DART station definitely gives us a competitive advantage. Access to

transit is an amenity urban people demand these days.”

– Silas Graham, Development Partner, Alliance Communities (The Ambrose)

Why is DART Involved in Economic

Development?

Mission Statement

• To build and operate a safe, efficient and effective

transportation system that, within the DART Service Area,

provides mobility, improves the quality of life, and stimulates

economic development.

$8 Billion (built, planned, and projected TOD)

• November 2007 UNT Study

$4.26 billion in TOD as of 2007

Estimated state and local tax revenues

associated with TOD

$127 million annually

Property tax, sales tax, and state tax

(non-DART properties)

TOD Planning Principles

• Greater density than community

average

• Reduced parking

• Convert surface parking to

structured parking

• Quality pedestrian environment

• A mix of uses

• A defined center

• Transit integrated with TOD

Stations help define the most

important places

New Demographics

Apartment Living on the Rise

Young Surge

Housing Outlook

• Smaller homes

• More multi-

generational

• More convenient

• Transit Linked

• Housing Demand

• Increased Rental

TOD housing generates fewer car trips than

conventional housing

TCRP Report 128 - Effects of TOD on Housing, Parking, and Travel (2008)

Recent Study:

Residential TODs generated 47% fewer vehicle trips

per dwelling unit during a 24-hour weekday than the

standard in the International Traffic Engineers (ITE)

Manual

3.55 trips compared to 6.67 trips per dwelling unit

DART’s Philosophy for TOD

•Each station is unique – development

should be specific to the site

•Any unsolicited interaction with

developers is critical and encouraged

•Think outside the box – different

approaches to integrating development

•Partnership / coordination with member

cities and other government entities is

essential

DART’s Role in TOD

• Lead the way in early stages of LRT Planning

• Incorporate TOD objectives into station area planning: transit,

land use, pedestrians, cars

• Leverage DART real property assets to:

Develop future revenue streams with TOD

Direct and concentrate TOD and urban infill around transit

facilities, develop new ridership

Enhance value and maximize function of transit facilities

• Identify potential funding sources for added amenities: TIFs,

PIDs, bond projects, grants

DART’s TOD Policy August 2008

DART seeks to work in close partnership with its member cities to

identify and implement TOD opportunities. By promoting high

quality Transit Oriented Development on and near DART

owned properties…. generate new opportunities to create

revenue for DART, and environmentally sustainable livable

communities that are focused on transit accessibility.

Purpose

• The Transit Authority

• The City

• The Developer

The Players

Developer

•Develop Proposals

•Land Assembly

•Entitlements

•Design

•Construction

•Planning

•Zoning

•Permits

•Community Facilitator

•Land Owner

•Implementation Tools

•Transit Developer

•Land Owner

•Planning Partner

•Development Partner

•Construction Facilitator

Member City/DART Partnership

• Objectives

Attract economic development

Plan for TOD

• Relationship

Establish development process

Establish & maintain communication: City, DART, Developer

Coordinate land use goals with transportation goals

Zoning/development approvals

Funding

• TIF Districts

• PID

• Grant Sources: COG

– STEP, CMAQ, EPA

Developers Learned

• Start land planning early:

Easier to influence design &

engineering decisions

Destinations attract choice riders

Interchange between stations

Rents are higher

Rail Served Properties:

Residential: 39% greater increase

Office: 53% greater increase

UNT data, January 2003

Downtown Plano

Bush Turnpike Station

Galatyn Park

TOD: Spring Valley Station

Mockingbird Station

Mockingbird

Station

Phase 1

Phase 2

Mockingbird Station

TOD: Dallas CBD

Downtown Dallas

1996: 300 residential units 2012: 7,500 residential units + restaurants, bars, grocery stores, etc.

Future Dallas Streetcar Line

source: Dallas 360 Plan

Dallas is building a 1.6-mile streetcar line that will be expanded to serve neighborhoods around the city center.

Union Station to Oak Cliff Streetcar Project

M-Line Trolley

Bicycle Sharing / Car Sharing

Downtown Carrollton Station

Cedars Station

TOD: Cedars Station

Cedars – South Side, Phase I

Cedars – South Side, Phase II

Downtown Garland Station

Hospitals

Southwestern Medical District/Parkland

Baylor Station

Victory Park

Colleges & Universities

There is a huge opportunity to reach “Millennials” with TOD near higher education institutions.

North Lake College

• DART Police HQ

• Historic

• LEED Certified

Illinois Station

TOD: South Irving Commuter Rail Station

Parking Capacity – Development Opportunity

Rail Stations Transit Center /

Park & Ride Operating Facilities

Excess Properties

Strategic

Acquisition

Housing Trends

• Less homeownership

• Less mobility

• More multi-generational

• More energy efficient, smaller

• Closer to transit

• Mixed-use

Smaller Office/Retail Space

OFFICE

• Smaller space/employee

• Near transit

RETAIL

• Internet sales reduce need for inventory

• “Experience” retail

Trending: Less Is More

The average size of the single-family home is declining.

Is the McMansion a thing of the past?

The “Connected” Generation

Is the Age of Sprawl Over?

For More Information

Jack Wierzenski, AICP

Director, Economic Development & Planning

Dallas Area Rapid Transit (DART)

PO Box 660163/1401 Pacific

Dallas TX 75266-7213

Wierzens@dart.org

www.dart.org/economicdevelopment

downtownsanantonio.org

Thank You!

urban renaissance luncheon - 9/17/2012

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