Document 11032483

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T r a n s f u s e .. .. ..
.. .. ..
4747
neiGhBOrhOOD DisTricTs
Multifamily assets such as Downtown and the Trinity River.
4747
neiGhBOrhOOD DisTricTs
road typoLogies
4747
deVeLopMent pLan
4747
neiGhBOrhOOD DisTricTs
econoMic ViabiLity
4747
neiGhBOrhOOD DisTricTs
WiThin
a
10-minuTe
WhIte ;
Green local Street
hISpanIc
mIxed famIly houSehold
25.5 yearS old
SkIlled / SerVIceS
loWer mIddle Income
no hS dIploma
lIVeS In
TransPOrTaTiOn sysTems
TransPOrTaTiOn sysTems
TransPOrTaTiOn sysTems
multIunIt rentalS
playS Soccer
TransPOrTaTiOn sysTems
uSeS Stock ratInG SerVIce
meTrO renTers
12%
urBan younG SInGleS on the moVe
WhIte ; aSIan
SInGleS ; Shared houSehold
33.8
yearS old
profeSSIonal ; manaGement
ToTal neT opeRaTing income
Green infrasTrucTure
H
To igh
w P
nh er
om fo
r
es ma
nc
Pr
e
iv
at
e
O
5’
Pu utd
oo
b
5’ lic
rS
St
S
or ide pa
ce
m
w
w
8’
at alk
Pa
er
ra
Pl
lle
an
lP
te
12
ar
r
’D
k
i
riv
ng
in
g
La
ne
2
Pl 0’ S
an to
te rm
rM w
ed ate
ia r
n
12
’D
riv
in
g
8’
La
Pa
ne
ra
lle
5’
lP
St
ar
o
ki
ng
5’ rmw
Pu
a
bl ter
i
Pr
c
S Pla
iv
at ide nt
er
e
w
O
ut alk
do
Hi
To gh
or
w P
Sp
nh er
ac
om fo
e
r
es ma
nc
e
VIctorIan VIllaGe
lIVeS In multIunIt rentalS
traVelS By plane frequently
haS renter ’ S InSurance
Green infrasTrucTure
sOuThWesTern families
10%
youth , famIly lIfe , and chIldren
Green infrasTrucTure
Green infrasTrucTure
WhIte ; amerIcan IndIan ; hISpanIc
sTr aTegies
28.6 yearS old
SkIlled / SerVIceS
typIcal local Street
loWer mIddle Income
no hS dIploma
lIVeS In SInGle famIly houSe
BuyS chIldrenS toyS and GameS
deSIGn phIloSophy:
haS neW car loan
susTainaBiliTy
mODesT incOme
8%
cIty dWellerS In older homeS
Black
IRONMENT
nODes & WalkaBiliTy
nODes & WalkaBiliTy
nODes & WalkaBiliTy
SInGleS ; lIVeS WIth another famIly
35.8 yearS old
SkIlled / SerVIceS / not In laBf
nODes & WalkaBiliTy
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
Bachelor / Graduate deGree
mIxed famIly houSehold
ENV
neT OPeraTinG incOme
markeT-raTe
renTal
hOusinG
fOr-sale
affOrDaBle
renTal
hOusinG
fOr-sale
lOW incOme
renTal
hOusinG
fOr-sale
Office/cOmmercial
reTail
arT Gallery sPace
GrOcery
mOvie TheaTer
cOnvenTiOn cenTer hOTel
aDaPTive re-use hOTel
sTrucTureD ParkinG
surface ParkinG
aBoVe aVeraGe Income
The Akard Development Site creates a centerpiece for the
Lamar Street Arts and Entertainment Scene and Convention
Center Traffic to mingle. Connecting Old City Park to the
Trinity Road Corridor, the planned development helps
create an inviting sense of neighborhood.
4747
PhASE I A & b
2010
Drive
neWesT resiDenTs
13%
ethnIc and ulturaly dIVerSe
akard Street corrIdor
...
The master plan for the Cedars links the neighborhood to
the surrounding communities, Downtown, and the Trinity
River. It also works to create cohesiveness within the
neighborhood itself by allowing existing uses to utilize
one anothers resources.
Future Land use Map
cIty park BorouGh
circulaTe, PermeaTe, inTeGraTe
For years the Cedars community has not only been cut off
from the Downtown Central Business District, but from
itself. A set of fragmented assets, Cedars has not been able
to integrate its core and unlock its collective potential.
4747
DevelOPmenT cOsTs
lanD acquisiTiOns
markeT-raTe
renTal
hOusinG
fOr-sale
affOrDaBle
renTal
hOusinG
fOr-sale
lOW incOme
renTal
hOusinG
fOr-sale
Office/cOmmercial
reTail
arT Gallery sPace
GrOcery
mOvie TheaTer
cOnvenTiOn cenTer hOTel
aDaPTive re-use hOTel
sTrucTureD ParkinG
surface ParkinG
2015
2016
PhASE 3
2017
2018
2019
$1,880,902.4 $2,877,858.8
$14,324,602.0 $11,475,597.8
$131,489.2
$201,184.0
$1,432,460.2 $1,147,559.8
$66,759.9
$102,145.4
$895,287.6
$717,224.9
$748,982.4 $1,542,903.8
$1,618,219.4 $2,118,770.3
$100,312.3
$103,321.7
$226,194.5
$232,980.3
$226,194.5
$232,980.3
$4,675,763.8 $4,816,036.7
$0.0 $2,678,814.5
$2,964,194.5 $3,916,607.6
$0.0 $11,165,720.6
$207,219.5
$273,800.3
$0.0 $1,116,572.1
$105,209.8
$139,014.3
$0.0
$697,857.5
$2,383,786.3 $3,496,400.1
$2,182,333.4 $2,607,452.0
$106,421.4
$109,614.0
$239,969.7
$247,168.8
$239,969.7
$247,168.8
$4,960,517.8 $5,109,333.4
$2,759,179.0 $2,841,954.3
$5,050,867.4
$3,833,564.1
$353,093.6
$383,356.4
$179,273.2
$239,597.8
$4,059,985.8
$2,685,675.6
$275,983.7
$254,583.9
$254,583.9
$5,262,613.4
$2,927,212.9
$5,202,393.5
$0.0
$363,686.4
$0.0
$184,651.4
$0.0
$4,654,240.0
$2,766,245.8
$284,263.2
$262,221.4
$262,221.4
$5,420,491.8
$3,015,029.3
$5,358,465.3
$18,358,640.9
$374,597.0
$1,835,864.1
$190,191.0
$1,147,415.1
$5,489,050.3
$3,124,331.6
$415,231.0
$270,088.0
$270,088.0
$5,583,106.5
$3,105,480.2
$5,519,219.2
$12,723,716.5
$385,834.9
$1,272,371.6
$195,896.7
$795,232.3
$6,369,760.5
$3,218,061.5
$427,687.9
$278,190.7
$278,190.7
$5,750,599.7
$3,198,644.6
$26,327,168.3 $28,247,378.3
$16,148,801.2 $31,968,663.8
$25,760,391.6
2011
$704,684.9
$9,271,587.0
$49,262.8
$927,158.7
$25,011.8
$579,474.2
$0.0
$672,371.9
$0.0
$0.0
$0.0
$4,539,576.5
$0.0
2012
PhASE 2
2014
2013
inTeGraTeD inTO resiDenTial DevelOPmenT cOsTs (incOrPOraTeD in resiDenTial PrO-fOrma) anD PuBlic infrasTrucTure (Tif funDeD)
inTeGraTeD inTO resiDenTial DevelOPmenT cOsTs (incOrPOraTeD in resiDenTial PrO-fOrma) anD PuBlic infrasTrucTure (Tif funDeD)
$16,769,127.7
PhASE I A & b
2010
2011
2012
$29,272,320.0
$16.054,516.0
$16,804,363.0
$1,954,038.4
$2,041,835.4
$1,954,038.4
$2,041,835.4
$0.0
$13,400,039.0
$0.0
$0.0
$0.0
$53,681,098.9
$0.0
$26,323,526.1
$17,343,744.0
$3,187,859.3
$2,062,143.2
$3,187,859.3
$2,062,143.2
$8,171,626.9
$4,646,231.7
$967,312.1
$0.0
$2,203,612.1
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$7,793,465.6
$2,111,302.3
$0.0
$0.0
$0.0
$0.0
$30,154,109.9
PhASE 2
2014
2013
2015
$22,415,444.2 $45,522,549.1 $40,413,406.9
PhASE 3
2017
2016
2018
2019
$0.0 $12,741,942.2 $10,032,614.9
$0.0
$0.0 $11,587,780.4
$0.0
$0.0
$0.0 $1,528,071.2 $1,213,617.8
$0.0
$0.0 $1,377,768.4
$0.0
$0.0
$0.0 $1,528,071.2 $1,213,617.8
$0.0
$0.0 $1,377,768.4
$0.0
$0.0
$8,027,269.5 $10,742,428.3 $4,633,878.2 $4,772,894.5
$0.0 $3,583,809.0
$0.0
$0.0
$0.0
$0.0 $1,572,593.1
$0.0
$0.0 $2.399,914.8
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$2,288,844.8
$0.0
$19,052,590.4 4,997,459.0
$286,105.6
$0.0
$2,265,322.3 $594,189.8
$286,105.6
$0.0
$2,265,322.3 $594,189.8
$7,303,817.0 $7,233,662.5
$2,741,287.4
$0.0
$1,180,688.4
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$0.0
$8,027,269.5
$37,726,627.7 $13,434,332.5 $0.0
inTeGraTeD inTO resiDenTial DevelOPmenT cOsTs (incOrPOraTeD in resiDenTial PrO-fOrma) anD PuBlic infrasTrucTure (Tif funDeD)
inTeGraTeD inTO resiDenTial DevelOPmenT cOsTs (incOrPOraTeD in resiDenTial PrO-fOrma) anD PuBlic infrasTrucTure (Tif funDeD)
ToTal developmenT cosTs
$137,204,085.2
$70,138,733.8
$40,058,877.8
$46,858,555.3 $18,639,187.8
$4,772,894.49
loW Income
no hS dIploma / hS Graduate
lIVeS In SInGle famIly houSe or duplex
natural enVIronment,
reneWaBle reSourceS
lIStenS to urBan
StoRMwAtER StEwARDShIP
M
Y
no hS dIploma ; hS Grad ; Some coll .
lIVeS In multIunIt rentalS
haS perSonal educatIon loan
family fOunDaTiOns
5%
mIddle amerIca
Black
mIxed famIly houSehold
39.1 yearS old
prof / mGmt / SrVc
*nrcs WinTr-55 small WaTer hyDrOlOGy: WeiGhTeD cn 78
** BaseD On
watch a
play
lay on
the lawn
lIVeS In SInGle famIly home
watch a
movie
ecOnOmic value
explore the cedars
Dallas Tax Base
PrivaTe invesTmenT
PuBlic invesTmenT
a c k a r d
s t r e e t
c o r r i d o r
catch the bus
first floor pedestrian experience
attend a
convention
14950
20
299000
6.864
have
dinner
laugh
find a
gift
try on
shoes
eat
ice cream
relax
listen to a
new cd
BelonGS to church or cluBS
ecOnOmic value
haS mortGaGe InSurance
ciTy cOmmOns
5%
youth , famIly lIfe , and chIldren
Dallas Tax Base
PrivaTe invesTmenT
PuBlic invesTmenT
Dallas Tax Base
PrivaTe invesTmenT
PuBlic invesTmenT
walk downtown
Black
SInGle - parent famIlIeS
24.6 yearS old
get your
groceries
& SInGleS
SerVIceS
loW Income
no hS dIploma ; hS Grad
lIVeS In multIunIt rentalS
phaSe 1-a
BuyS BaBy / chIldren productS
phaSe 1-B
BankS onlIne
phaSe 3
0
inDusTrial urBan frinGe
5%
ethnIc and culturaly dIVerSe
0
2
5
WhIte ; hISpanIc
2
2
0
1
0
1
0
2
2
0
0
8
phaSe 2
5
0
0
2
0
2
1
8
0
0
0
2
learn to
paint
1
buy
artwork
8
WarehouSe dIStrIct
for BuSIneSS and artS
19.5
3.6
12
3
1.5
ecOnOmic value
DEPth (ft)
1
6
8
3
3
canyon
cap
have
coffee
0
H
Si igh
ng P
le er
Fa fo
m rm
ily an
Ho ce
Pr
m
iv
es
at
e
O
ut
5’
do
Pu
or
bl
ic
Sp
S
ac
id
5’
e
ew
St
or
al
k
m
w
at
8’
er
Pa
Pl
ra
an
lle
te
lP
r
ar
ki
ng
24
’D
riv
in
g
La
ne
8’
Pa
ra
lle
lP
5’
ar
St
ki
or
ng
m
w
at
5’
e
Pu
rP
bl
la
ic
nt
Si
er
Pr
de
iv
w
at
al
e
k
O
ut
do
or
Hi
Si gh
Sp
ng P
ac
le er
e
f
Fa o
m rm
ily an
Ho ce
m
es
Gray sTreeTs, Green BOulevarDs
Ac - ft
visit
city hall
admire
art
2
Dallas Tax Base
PrivaTe invesTmenT
PuBlic invesTmenT
Av.
AcRES
19.5
0.6
1.5
1
0.5
window
shop
0
DEtENtIoN bASINS
total detentIon area demanded
akard Street catch BaSIn
lamar Street catch BaSIn
old cIty park catch BaSIn
lamar & corInth catch BaSIn
GREEN StREEtS
lInear feet
cuBIc feet / lInear feet
total cuBIc feet
total acre-foot
no hS dIploma ; hS Grad ; Some coll .
buy a
new shirt
1
ecOnOmic value
mIddle Income
0
lamar JunctIon
urBan frameWork:
loWer mIddle Income
Green BuilDinGs
mIxed famIly houSehold
28.5 yearS old
SkIlled / SerVIceS
mIddle Income
In
renewed
energy
Proposed Green Street and Gray Streets will integrate The Cedars into the
surrounding Environmental and Urban Systems.
ENERGY
SUPPLIED
RoofTops
ToTal fT2
Usable space # of panels kWh/yR pRodUced
WarEhoUSES 400,000
80%
18,286
6,085,48
rESIDEntIal EnErgy SavED (%)
17%
total SavIngS ($)
$632,890.51
lender
*** ePa Office
Of
sOliD WasTe manaGemenT
2 0 2 0
2 0 1 5
Office
reTail
WhIte ; Black
SInGleS ; Shared houSeholdS
mIddle Income
Gallery
Some colleGe / Bach / Graduate deGree
hOTel
lIVeS In multIunIt rental
makeS purchaSeS onlIne
haS perSonal educatIon loan
elIte Income
recycler
ecycler
SerVIced throuGh
tIf reVenueS.
Se
y
-u
Il
ed
Ix
m
WIll pay
m
the cIty
for puBlIc InfraStructure throuGh General oBlIGatIon BondS that WIll Be
44%
fa
the deVeloper ’ S SuBSIdIary communIty deVelopment entIty .
10%
I-
prIVate GaraGeS .
37%
lt
deVeloper equIty and equIty from neW market tax credItS SyndIcated throuGh
eaSement aGreement that exchanGeS eaSement rIGhtS In puBlIc and
9%
u
uSeS WIll Be InteGrated throuGhout the SIte throuGh a recIprocal
throuGh a
WhIle 80% of prIVate deVelopment coStS WIll Be funded
deVelopment loan , the remaInInG 20% of equIty WIll conSISt of
partIcIpateS In cIVIc eVentS
oWnS Stock Worth
all OThers
28%
land uSe compoSItIon
deVelopment WIll Be funded throuGh puBlIc and prIVate equIty and
deBt StructureS .
re
Metal Metal Worker
Wood
Worker
Jeweler Working
Wood Working
Jeweler
Metal
Fabrication Produce Steel Fabrication
the
tu
Produce
Lumber Company
tIf fundInG may only Be uSed for puBlIc Work. the cIty and
deVeloper WIll haVe to fund puBlIc and prIVate Structured GaraGeS
Independent of one another . n onetheleSS puBlIc and prIVate parkInG
c
Metal Fabrication
ru
Printing Facility
2011
2013
PhASE 2
2014
2015
2016
PhASE 3
2017
$28,247,378.3
$16,148,801.2
$31,968,663.8
$25,760,391.6
$22,415,444.2
$8,027,269.5
$20,220,108.8
$46,858,555.3
-$30,709,754.1
$18,639,187.8
$13,329,476.1
2012
annual cash flOW
neT OPeraTinG incOme
$0.0 $16,769,127.7 $26,327,168.3
TOTal asseT value
10%
TOTal cOsTs Of sale
5%
TOTal DevelOPmenT
cOsTs
$137,204,085.2 $70,138,733.8 $40,058,877.8
neT cash flOW
-$137,204,085.2 -$53,369,606.0 -$13,731,709.5
neT PresenT
value @ 10%
$3,948,869.13
unleveraGeD irr
10%
2018
2019
$45,522,549.1 $40,413,406.9
$404,134,068.7
$20,206,703.44
$4,772,894.49 $37,726,627.7 $13,434,332.5
$0.0
$20,987,497.1 -$15,311,183.5 $32,088,216.6 $424,340,772.2
Recycling
Facility
AkARd STREET - SOuTh SECTiON
MULtIYEAR DEvELoPMENt PRoGRAM
year-By-year cumulaTive aBsOrPTiOn
TOTal BuilDOuT
2010
2011
2012
PrOjecT BuilDOuT By DevelOPmenT uniTs
markeT-raTe
renTal
(uniTs)
0
74
193
hOusinG
fOr-sale
(uniTs)
0
60
150
affOrDaBle
renTal
(uniTs)
0
9
24
hOusinG
fOr-sale
(uniTs)
0
8
19
lOW incOme
renTal
(uniTs)
0
9
24
hOusinG
fOr-sale
(uniTs)
0
8
19
Office/cOmmercial
(s.f.)
0
0
61750
reTail
(s.f.)
0
50500
118000
arT Gallery sPace
(s.f.)
0
0
9000
GrOcery
(s.f.)
0
0
0
mOvie TheaTer
(s.f.)
0
0
23000
cOnvenTiOn cenTer hOTel
(rOOms)
0
330
330
aDaPTive re-use hOTel
(rOOms)
0
0
0
sTrucTureD ParkinG
(sPaces) 1700
2662
3004
surface ParkinG
(sPaces)
0
0
0
PrOjecT BuilDOuT By area
markeT-raTe
renTal
hOusinG
fOr-sale
affOrDaBle
renTal
hOusinG
fOr-sale
lOW incOme
renTal
hOusinG
fOr-sale
Office/cOmmercial
reTail
arT Gallery sPace
GrOcery
mOvie TheaTer
cOnvenTiOn cenTer hOTel
aDaPTive re-use hOTel
sTrucTureD ParkinG
surface ParkinG
TOTal
(s.f.)
(s.f.)
(s.f.)
(s.f.)
(s.f.)
(s.f.)
(s.f.)
(s.f.)
(s.f.)
(s.f.)
(s.f.)
(s.f.)
(s.f.)
(s.f.)
(s.f.)
(s.f.)
0
0
0
0
0
0
0
0
0
0
0
0
0
595000
0
595000
89280
72000
11160
9000
11160
9000
0
50500
0
0
0
247500
0
931700
0
1431300
231360
180000
28920
22500
28920
22500
61750
118000
9000
0
23000
247500
0
1051400
0
2024850
2013
2014
2015
2016
2017
2018
2019
286
220
36
28
36
28
123500
150000
9000
0
23000
330
285
3004
0
286
220
36
28
36
28
185250
150000
9000
0
23000
330
285
3048
0
367
284
46
36
46
36
263800
174000
9000
0
23000
330
285
3334
0
460
306
58
38
58
38
297400
174000
22000
20000
23000
330
285
3334
0
460
306
58
38
58
38
331000
174000
22000
20000
23000
330
285
3462
150
460
402
58
50
58
50
379000
190800
31200
20000
23000
330
285
3462
208
460
467
58
58
58
58
427000
190800
31200
20000
23000
330
285
3462
208
343680
264000
42960
33000
42960
33000
123500
150000
9000
0
23000
247500
163875
1051400
0
2527875
343680
264000
42960
33000
42960
33000
185250
150000
9000
0
23000
247500
163875
1066800
0
2605025
440880
341040
55110
42630
55110
42630
263800
174000
9000
0
23000
247500
163875
1166900
0
3025475
552000
366720
69000
45840
69000
45840
297400
174000
22000
20000
23000
247500
163875
1166900
0
3263075
552000
366720
69000
45840
69000
45840
331000
174000
22000
20000
23000
247500
163875
1211700
52500
3393975
552000
482640
69000
60330
69000
60330
379000
190800
31200
20000
23000
247500
163875
1211700
72800
3633175
552000
560640
69000
70080
69000
70080
427000
190800
31200
20000
23000
247500
163875
1211700
72800
3778675
28.9 yearS old
prof / mGmt
41.9 yearS old
prof / mGmt
m
Lumber Company
resiDenTial
yOunG & resTless
4%
urBan younG SInGleS on the moVe
marrIed - couple famIlIeS
AkARd STREET - NORTh SECTiON
St
Metal Worker
oWnS dIScoVer card
leGend
lIVeS In SInGle famIly home
city
a
20% goal
(lBS/yr)
481,508
184,106
169,944
169,944
113,296
99,134
70,810
70,810
attendS moVIeS
Bach / Grad deGree
glass Blowing
glass Blowing
glass Blowing Metal Worker Tire
e
av. WaStE
(lBS/yr)
2,407,540
920,530
849,720
849,720
566,480
495,670
354,050
354,050
tod related neIGhBorhood to the South.
lIVeS In SInGle famIly home
and the
WhIte
11% o f f I c e
r e t a I l 6%
t h e a t r e 1% 1% G a l l e r y
P R O J EC T
c
av. WaStE
(%)*
34%
13%
12%
12%
8%
7%
5%
5%
Recycling
Facility
ToTal WasTe
(lbs/yR)
7,081,000
GroWInG
north,
TOP runG
4%
affluent , Well - educated ,
fr
PaPEr
yarD comPoSt
FooD ScraPS
PlaStIc
mEtal
rUBBEr
glaSS
WooD
ToTal hhs
4,850
complement the node of conVentIon VISItorS to the
sTrucTureD ParkinG
a
(lbs/yR)*
1,460
Private
2190 Spaces
no hS dIploma ; hS Graduate
lIfe SprInGS forth aS offIce , retaIl , and reSIdentIal uSeS
TheaTre
36% r e S I d e n t I a l
h o t e l 11%
Printing Facility
Jeweler
VISItorS may Gather. deVelopInG a conVentIon center hotel and
cap retaIl WIll orIent cBd uSerS and conVentIon VISItorS South .
theSe BookendS of actIVIty WIll proVIde the foundatIon for future
GroWth aS the neIGhBorhoodS aSSetS Become InteGrated .
and
Structured Parking Ownership
Exchange Easement
Rights to 885 Spaces
Gallery dIStrIct near the dart,
lamar Street reSIdentS, WorkerS,
neW
and
createS a node of actIVIty Where
syndicated
new market tax
credit
Sp
av . hh WasTe
community
development entity
en
tRASh to tREASURE
p a r k I n G 34%
neIGhBorhood .
re
Wood
Working
developer
node WhIch WIll leGItImIze future phaSeS and draW patronS to the
332.8
** Green Brilliance mODel 210 POly-crysTalline sOlar cell
20%.
2 0 1 0
k W h / yR
proJect compoSItIon (Sf)
G
Usable sUnlighT
5.5 (hrS/Day)
ENERGY
DEMANDED
a VIBrant mIxed-uSe center
In
employment
fT
17.5
wooD
laMaR JUnction
used
resources
ToTal cosT
$364,000
$628,992
$2,824,640
$3,817,632
maJor puBlIc ImproVement proJectS help deVeloperS to connect the
cedarS neIGhBorhood WIth the Surrounded communItIeS. the I-30
cap and trInIty rIVer help connect the neIGhBorhood to the north
and South . t he deVelopment propoSal IS deSIGned to lInk WalkaBle
nodeS to exIStInG amenItIeS , Spur prIVate InVeStment and StImulate
orGanIc GroWth throuGhout the neIGhBorhood . p haSe 1 of the
deVelopment plan IncludeS a tWo anchorS , a GateWay and communIty
Public
1272 Spaces
WaStE
workers
14,000
8,400
7,000
ToTal
(kWh/yR) pRice of e.*
3,500,000
$0.104
6,048,000
$0.104
27,160,000
$0.104
36,708,000kWh/yR
2
GLASS
renewed
energy
k W h / yR *
solaR panel
grEEn BrIllIancE**
reduced
RUbbER
customers
producInG practIceS By
WIll
MEtAL
neighbors
used
resources
recyclInG
UniTs
250
720
3880
* EnErgy InFormatIon aDmInIStratIon
fooD ScRAPS
c
a
V
t
S
renewed
energy
d
u
identity
n
a
Ia
Ia
c
r
e
m
dart connection
employment
housing
shoppers
aKaRD coRRiDoR
services
t
17%
l
l
36%
r
y
y
Il
m
a
c
o
m
e
t
l
l
G
u
n
m
SI
f
-f
u
r
t
S
a
r
f
In
I-
c
a
t
m
u
Il
r
e
c
a
Sp
n
e
e
r
G
Development phasing is designed to stimulate growth
throughout The Cedars Neighborhood encouraging
public and private investments that grow organically.
5% 3% 4%
e
32%
the neIGhBorhoodS relIaBIlIty on carBon
services
NEIGhboRhooD PLAN IMPLEMENtAtIoN
4%
renewed
resources
housing
options
city PaRK BoRoUgH
and
PAPER
pedestrian
connection
tRINItY RIvER PARk
renewed
energy
waReHoUse DistRict
FoR BUsiness anD aRts
AkARD StREEt coRRIDoR DEvELoPMENt
productIon
used
resources
housing
Downtown
Dallas
NEIGhboRhooD PLAN
employment
workers
shoppers
Existing infrastructure has segregated and cut off The Cedars from
neighboring assets such as Downtown and the Trinity River.
cANYoN cAP
used
resources
vehicular
connection
services
inTeGraTeD Timeline
patrons
ImplementatIon StrateGy:
VictoRian Village
neighbors
exIStInG land uSe compoSItIon
renewed
resources
olD city PaRK
used
resources
YARD coMPoSt
workers
green
connection
MasterpLan tiMeLine
S enSIBle InteractIonS BetWeen the reSIdentS
of c edarS , BuSIneSSeS , InduStrIeS , and the
c Ity of d allaS WIll lead the communIty
cloSer to Self - SuffIcIency . I ncorporatInG
eco - frIendly practIceS Such aS Solar enerGy
and raIlWayS , InVeStment opportunItIeS aWaIt thoSe deVeloperS Who
WISh to capItalIze on the exIStInG aSSetS of the neIGhBorhood .
Res. Type
SF
2-4 D/U
5+ D/U
PLAStIc
ImpaIred WIth haphazard WarehouSeS and Surrounded By InterStateS
recreation
Greenways connecting Old City Park to the Trinity River
intersect Gray Streets Connecting Downtown to South
Dallas. Efficient infrastructure design accommodates
multi-modal transportation. The green street system
allows the population to flow to recreational amenities
and filters stormwater.
ENERGY ALLEvIAtIoN
ecoLogic transFer...
identity
2 0 0 8
Trans fuse: 1. To Impart Gradually, 2. To Pour From One
Vessel Into Another, 3. To Permeate.
the cedarS communIty haS Been fraGmented and ISolated. an array
of dISparate partS , the c edarS muSt fInd an IdentIty . c urrently
PhASE I A & b
2010
playS footBall , BaSketBall
2
A truly sustainable community must strike a balance
between human, economic and environmental interests.
The Cedars must not only become a equitable community
but also play an integral part of the Dallas Metropolitan
Region.
27.9 yearS old
SkIlled / SerVIceS / prof / mGmt
the central node actS aS a communIty GatherInG Space, outdoor SeatInG and performance area, StormWater collectIon and InfIltratIon SyStem,
and focal poInt for the deVelopment. akard Street haS Been WIdened In thIS locatIon to proVIde Space for local SculptorS to ShoWcaSe thIer
Work. thIS area can Be Seen from doWntoWn alonG the akard Street corrIdor, and WorkS to draW people toWardS the cedarS neIGhBorhood.
Green BuilDinGs
8
enVIronment
C
SO
neIGhBorhood centerS
Green BuilDinGs
0
Y
SuffIcIent
economy
ON
O
IET
SocIal
urBan corrIdor
EC
nurturInG
communIty
100% StoRMwAtER DEtENtIoN 100YR 24hR EvENt StoRAGE *
thE cEDARS NEIGhboRhooD SUbAREA: 0.73 MI2**
100yr raInfall
9.6 In.
100yr run-off depth
6.88 In.
outlet dIScharGe
400.4cfS
50% retentIon
200.2 cfS
50% detentIon
200.2 cfS
run - off Volume
65 ac-ft
50% DEtENtIoN
19.5 Ac-ft
50% retentIon
9.75 ac-ft
total detentIon area SupplIed
26.96 ac-ft
Green BuilDinGs
0
SUSTAINABLE
DEVELOPMENT
equItaBle
mIxed famIly houSehold
2
deVelopment
WhIte ; Black ; hISpanIc
visit old
city park
enVIronment
economIc
inner ciTy TenanTs
6%
ethnIc and culturaly dIVerSe
ride the
dart
SuStaInaBle
oWnS an amerIcan expreSS card
H
Si igh
ng P
le er
Fa fo
m rm
ily an
Ho ce
m
Pr
es
iv
at
e
O
5’
ut
Pu
do
bl
or
ic
5’
Sp
Si
St
ac
or dew
e
m
al
w
k
8’
a
te
Pa
rP
ra
lle
la
nt
lP
er
ar
ki
ng
24
’D
riv
in
g
La
ne
8’
Pa
ra
lle
lP
5’
ar
St
ki
or
ng
m
5’
w
a
Pu
te
b
r
Pr lic S Pla
nt
iv
at ide
er
w
e
al
O
ut
k
do
or
H
Sp
Si igh
ng P
ac
le er
e
Fa fo
m rm
ily an
Ho ce
m
es
SuStaInaBle
& BuIlt
natural
& GoSpel radIo
$75,000+
uniT DevelOPmenT anD PrivaTe infrasTrucTure cOsTs
cOmmercial DevelOPmenT
uniT cOsT
uniT cOsTs
BefOre c OnTinGency
markeT-raTe
renTal
90,000($ PEr UnIt)
hOusinG
fOr-sale
102,600($ PEr UnIt)
affOrDaBle
renTal
85,500($ PEr UnIt)
hOusinG
fOr-sale
97,470($ PEr UnIt)
lOW incOme
renTal
85,500($ PEr UnIt)
hOusinG
fOr-sale
97,470($ PEr UnIt)
Office/cOmmercial
105($ PEr S.F.)
reTail
1 15($ PEr S.F.)
arT Gallery sPace
90($PEr S.F)
GrOcery
80($PErS.F.)
mOvie TheaTer
80($PErS.F.)
cOnvenTiOn cenTer hOTel
130,000($PEr room)
aDaPTive re-use hOTel
75,000($ PEr room)
sTrucTureD ParkinG
14500($ PEr SPacE)
surface ParkinG
2500($ PEr SPacE)
PRIvAtE INfRAStRUctURE
PrivaTe siTe WOrk (BuilDinG fOOTPrinT)
$3,840,000.00
uTiliTies & TaP fees
$1,920,000.00
TOTal infrasTrucTure cOsTs
$5,760,000.00
TOTal uniT cOsT,
incluDinG 10% cOnTinGency
$99,000.0
$112,860.0
$94,050.0
$107,217.0
$94,050.0
$107,217.0
$115.5
$126.5
$99.0
$88.0
$88.0
$143,000.0
$82,500.0
$15,950.0
$2,750.0
PuBlic infrasTrucTure DevelOPmenT cOsTs
lanD acquisiTiOn fOr rOW
$9,159,710.0
PuBlic rOW infrasTrucTure
akarD sTreeT
akarD siDeWalk
akarD sTreeT & siDeWalk suByOTal
enhanceD secOnDary sTreeTs
enhanceD secOnDary siDeWalks
ehanceD secOnDary sTreeT anD siDeWalks suBTOTal
neW secOnDary sTreeTs
neW secOnDary siDeWalks
neW secOnDary sTreeTs anD siDeWalks suBTOTal
DevelOPmenT sTreeTs anD siDeWalks TOTal
PuBlic laGOOn/Park
PuBlic lanDscaPinG
sTrucTureD PuBlic ParkinG
TOTal PuBlic infrasTrucTure
General OBliGaTiOn Tif BOnDs caPaciTy
GO Tif BOnD issuance Will Be PhaseD WiTh PrOjecT
$2,455,950
$711,056
$3,167,006
$2,553,600
$680,960
3,234,560
$7,251,200
$362,560
$7,613,760
$14,196,606
$1,000,000
$1,500,000
$22,387,200
$48,243,516
$48,500,000
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