brookland -- may 13 community update from wmata

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Community Update May 13, 2014 BROOKLAND JOINT DEVELOPMENT SOLICITATION

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Page 1: Brookland -- May 13 Community Update from WMATA

CommunityUpdate

May 13, 2014

BROOKLANDJOINT DEVELOPMENT

SOLICITATION

Page 2: Brookland -- May 13 Community Update from WMATA

WMATA JOINT DEVLEOPMENTPROGRAM 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

INTRODUCTION SOLICITATION OVERVIEW PROPOSAL OVERVIEWS SUMMARY

Page 3: Brookland -- May 13 Community Update from WMATA

BROOKLANDSITE MAP

INTRODUCTION SOLICITATION OVERVIEW PROPOSAL OVERVIEWS SUMMARY

Page 4: Brookland -- May 13 Community Update from WMATA

BROOKLANDDEVELOPMENT CONCEPTS

INTRODUCTION SOLICITATION OVERVIEW PROPOSAL OVERVIEWS SUMMARY

Page 5: Brookland -- May 13 Community Update from WMATA

BROOKLANDDEVELOPMENT CONCEPTS

INTRODUCTION SOLICITATION OVERVIEW PROPOSAL OVERVIEWS SUMMARY

Page 6: Brookland -- May 13 Community Update from WMATA

BROOKLANDCONTEXT

Page 7: Brookland -- May 13 Community Update from WMATA

Brookland Green

Transition to lower density east of 10th Street

BROOKLANDADDITIONAL CONSIDERATIONS

INTRODUCTION SOLICITATION OVERVIEW PROPOSAL OVERVIEWS SUMMARY

Page 8: Brookland -- May 13 Community Update from WMATA

Development Team MRP Realty

Development Program Residential – 280 units North: 150 units

South: 130 units

Retail – 9,000 sf

LEED Silver

BROOKLANDPROPOSAL OVERVIEWS

INTRODUCTION SOLICITATION OVERVIEW PROPOSAL OVERVIEWS SUMMARY

Page 9: Brookland -- May 13 Community Update from WMATA

Development Team MRP Realty

BROOKLANDPROPOSAL OVERVIEWS

INTRODUCTION SOLICITATION OVERVIEW PROPOSAL OVERVIEWS SUMMARY

Page 10: Brookland -- May 13 Community Update from WMATA

Development Team Donatelli Development

Development Program Residential – 250 units

Retail – 34,500 sq ftHarris Teeter grocery

LEED Silver

BROOKLANDPROPOSAL OVERVIEWS

INTRODUCTION SOLICITATION OVERVIEW PROPOSAL OVERVIEWS SUMMARY

Page 11: Brookland -- May 13 Community Update from WMATA

Development Team Donatelli Development

BROOKLANDPROPOSAL OVERVIEWS

INTRODUCTION SOLICITATION OVERVIEW PROPOSAL OVERVIEWS SUMMARY

Page 12: Brookland -- May 13 Community Update from WMATA

Development Team A&R / Urban Atlantic

Development Program(Base Scenario) Residential – 195 units North: 104 units South: 91 units

Retail – 1,135 sq ft neighborhood retail LEED Silver

Alt Scenario Newton St pedestrian plaza,

BROOKLANDPROPOSAL OVERVIEWS

INTRODUCTION SOLICITATION OVERVIEW PROPOSAL OVERVIEWS SUMMARY

Page 13: Brookland -- May 13 Community Update from WMATA

Development Team A&R / Urban Atlantic

BROOKLANDPROPOSAL OVERVIEWS

INTRODUCTION SOLICITATION OVERVIEW PROPOSAL OVERVIEWS SUMMARY

Page 14: Brookland -- May 13 Community Update from WMATA

Development Team Four Points

Development Program Residential – 256 units North: 146 units

South: 110 units

Retail – 6,800 sq ftneighborhood retail

LEED Silver

BROOKLANDPROPOSAL OVERVIEWS

INTRODUCTION SOLICITATION OVERVIEW PROPOSAL OVERVIEWS SUMMARY

Page 15: Brookland -- May 13 Community Update from WMATA

Development Team Four Points

BROOKLANDPROPOSAL OVERVIEWS

INTRODUCTION SOLICITATION OVERVIEW PROPOSAL OVERVIEWS SUMMARY

Page 16: Brookland -- May 13 Community Update from WMATA

EVALUATION FACTORS

Technical Factors Development Team’s experience and prior performance

Degree to which the Project reflects Transit-Oriented Development principles

Compatibility of the Project with local requirements and the affected transit facilities

Effects on WMATA Facilities

Market/financial viability of the Project

Innovation and creativity

Economic Factors Enhanced Metrorail and Metrobus ridership

Financial benefits accruing to WMATA

INTRODUCTION SOLICITATION OVERVIEW PROPOSAL OVERVIEWS SUMMARY

Page 17: Brookland -- May 13 Community Update from WMATA

SOLICITATION TIMELINE

Activity Due Date

Joint Development Solicitation Issue Date November 4, 2013

Pre-Proposal conference December 3, 2013, 2:00 pm

Deadline for receipt of written inquiries January 24, 2014, 5:00 pm

Deadline for Initial Proposal submission March 7, 2014, 3:00 pm

Meetings with Developers (if required) March 10 – April 4, 2014

Final Proposals / Responses to Questions May 21, 2014, 3:00 pm

Developer Selected and Term Sheet Negotiated Within 120 days of final proposal

Negotiation and approval of Joint Development Agreement

180 days after approval of term sheet

Beginning of Local Jurisdiction Entitlement Process For Brookland, estimated to be approx. 12-16 months from today

INTRODUCTION SOLICITATION OVERVIEW PROPOSAL OVERVIEWS SUMMARY

Page 18: Brookland -- May 13 Community Update from WMATA

THE BUS LOOP

INTRODUCTION SOLICITATION OVERVIEW PROPOSAL OVERVIEWS SUMMARY

Page 19: Brookland -- May 13 Community Update from WMATA

www.wmata.com/realestate

[email protected]

Office of Real Estate and Station PlanningWashington Metropolitan Area Transit Authority

600 5th Street NWWashington, DC 20001

CONTACT INFORMATION

INTRODUCTION SOLICITATION OVERVIEW PROPOSAL OVERVIEWS SUMMARY