planning stations

THIS EVENING’S ACTIVITIES
Newnan LCI Presentation
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Introduction & Overview
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What’s an LCI Study?
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What area around Downtown Newnan is the study focused on?
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Existing Conditions Assessment: Market, Transportation, Physical Your Input: Three Planning Stations A. Parks & Open Space
B. Transportation & Circulation
C. Development & Preservation
CONSULTANT TEAM
PLANNING & URBAN DESIGN
MARKET & ECONOMIC DEVELOPMENT
TRANSPORTATION PLANNING
LCI = Livable Centers Initiative
Regional program developed to direct growth into existing “activity centers and corridors”
City of Newnan awarded $120,000 for study and added $30,000 local funding
Once Newnan LCI plan completed and adopted, City can apply for transportation implementation funding…
Grants are typically between $500k and $4 mil
LCI Implementation Project Examples
NEWNAN LCI STUDY: PROCESS & SCHEDULE
NEWNAN LCI STUDY: FOCUS AREA
NORTH Future University of West GA Campus
SOUTH
Coweta Justice Center, Reese St., Calhoun St.
EAST
Farmer St., Pinson St.
WEST
Jackson St., Brown St., 1st Ave.
SIZE = 338 acres
EXISTING MARKET CONDITIONS
EXISTING MARKET CONDITIONS
The LCI study area has approximately 1,500 residents who are on average younger, less affluent, live with fewer people and tend to rent their homes.
LCI
City of Newnan
Coweta County
Atlanta MSA
Population (2012)
1,468
35,160
132,410
5,365,250
Population (2017)
1,609
39,363
145,251
5,650,874
Households (2012)
621
13,202
47,396
1,970,820
Households (2017)
689
14,828
52,196
2,084,149
Median HH Income (2012)
$25,207 $47,191 $56,844 $54,603 Median HH Income (2017)
$28,514 $59,443 $69,055 $65,758 Average HH Size (2012)
2.23
2.62
2.78
2.68
Average HH Size (2017)
2.22
2.62
2.77
2.67
Median Age (2012)
29.5
33.0
36.7
35.0
Median Age (2017)
29.9
33.4
37.0
35.3
% Rental Households (2012)
76.3%
47.6%
26.4%
35.0%
% Rental Households (2017)
75.6%
46.6%
25.8%
34.4%
SOURCE: ESRI
EXISTING MARKET CONDITIONS
Atlanta is expected to outpace the nation in employment growth over the next 5 years.
Historical and Forecasted Employment Growth, Atlanta MSA and National, 2007‐2017
4.00%
3.00%
2.00%
1.00%
PROJECTION
-2.00%
United States
-3.00%
SOURCE: US Bureau of Labor Statistics; Moody’s Economy.com
Atlanta MSA
2017 YE
2016 YE
2015 YE
2014 YE
2Q13
1Q13
2013 YE
-1.00%
4Q12
3Q12
2Q12
1Q12
4Q11
3Q11
2Q11
1Q11
4Q10
3Q10
2Q10
1Q10
4Q09
3Q09
2Q09
1Q09
4Q08
3Q08
2Q08
1Q08
4Q07
3Q07
2Q07
1Q07
0.00%
EXISTING MARKET CONDITIONS
Strong job growth in the next 5 years will more than make up for the losses during the downturn. Net Job Growth Historical and Forecasts, Atlanta MSA, 2007 ‐ 2017
100,000
PROJECTION
74,525
50,000
47,925
35,917
43,708
51,806
55,269
2013
2014
80,940
67,404
2007
(50,000)
2008
2009
(20,059)
(26,950)
(100,000)
(150,000)
SOURCE: Moody’s Economy.com
2010
(136,308)
2011
2012
2015
2016
2017
EXISTING MARKET CONDITIONS
Coweta County’s employment is driven by trade/transportation and educational/health services. Employment by Industry, Coweta County, 2012
5%
4%
Construction
13%
13%
Manufacturing
Trade & Transportation
3%
Information
Financial Activities
Professional & Business Services
24%
23%
Educational & Health Services
Other Services
Leisure & Hospitality
11%
Public Administration
3%
2%
SOURCE: Bureau of Labor Statistics
EXISTING MARKET CONDITIONS
Households in the LCI area are expected to grow 2.1% annually in the next 5 years. The new households could help raise the average income levels. Annual Household Growth Rate, LCI Study Area and Surrounding Areas, 2012‐2017
LCI Boundary
SOURCE: ESRI
EXISTING MARKET CONDITIONS
The LCI area’s median home value is $99,324, with higher‐value homes located to the north and east.
Median Home Value, LCI Study Area and Surrounding Areas, 2012
LCI Boundary
SOURCE: ESRI
EXISTING MARKET CONDITIONS
Median incomes in the LCI area are relatively low, with the east side of the City of Newnan comprised of higher‐income households.
Median Household Income, LCI Study Area and Surrounding Areas, 2012
LCI Boundary
Of the 621 households in the LCI area, median household incomes are currently $25,207.
TAD Boundary
SOURCE: ESRI
EXISTING MARKET CONDITIONS
Residential construction in the City of Newnan has been primarily single‐family homes.
Single‐Family and Multifamily Construction Permits, City of Newnan, 2003 – 2013 YTD
1,200
1,000
800
600
400
200
0
2003
2004
2005
2006
2007
Single-Family
SOURCE: U.S. Department of Housing and Urban Development
2008
2009
Multifamily
2010
TOTAL
2011
2012
2013
EXISTING MARKET CONDITIONS
Recent resale prices of single‐family homes have primarily been under $200k, whereas new homes are selling between $200‐350k.
Home Sales Volume by Price for New and Resale Single‐Family Homes, City of Newnan, Oct. 2012‐Sept. 2013
100
86
90
80
Home Sales
70
60
50
40
30
20
10
15
7
6
1
7
14
10
3
2
2
1
3
2
4
0
<$100k
$100k‐$149k $150k‐$199k $200k‐$249k $250k‐$299k $300k‐$349k $350k‐$399k $400k‐$449k $500k‐$549k
New
SOURCE: FMLS, SmartNumbers
Resale
EXISTING MARKET CONDITIONS
Although sales volume and price declined since the 2007 peak, improvements have begun for both resales and new construction.
Home Sales by Volume and Price for New and Resale Single‐Family Homes, City of Newnan, 2007‐2013 YTD
$233,964 600
$230,148 $212,005 Sales Price
$200,000
$182,147 $201,554 $164,686 $167,010 400
$162,126 $157,299 500
$183,514 $179,755 $176,589 $150,000
$199,390 $144,566 300
$100,000
200
$50,000
100
486 43
258 33
155 46
101 42
103 42
116 31
132 31
2007
2008
2009
2010
2011
2012
2013 (YTD)
$‐
New Construction # Sales
SOURCE: FMLS, SmartNumbers
Resale # Sales
New Construction Avg Price
Resales Avg Price
0
Sales Volume
$250,000
EXISTING MARKET CONDITIONS
Class A apartment communities in Newnan are performing well.
Occupancy 1BR Rent 2BR Rent 3BR Rent Avg Rent/SF
96%
$790 $1,000 $1,225 $0.87 SOURCE: Newnan Lofts, Preserve at Greison Trail, Vinings at Newnan Lakes, Lullwater at Calumet, Villas at Newnan Crossing, Stillwood Farms
EXISTING MARKET CONDITIONS
New office buildings in Newnan command rent premiums, though office space in the LCI area is primarily in older structures.
Older office buildings are offering space at $10 per square foot, on average.
SOURCE: Loopnet
Newer office buildings are offering space at $19 per square foot, on average – a 90% premium.
EXISTING MARKET CONDITIONS
Grocery‐anchored retail centers are performing better than other retail spaces in Newnan.
Grocery‐anchored centers have the lowest vacancies (average of 5%) and the highest rents ($19/SF on average).
SOURCE: Loopnet
Retail space in the LCI area is often historic and found in more urban, walkable settings than strip malls elsewhere in Newnan. However, its rents are lower, at an average of $10/SF.
EXISTING PHYSICAL CONDITIONS
NEWNAN LCI STUDY: FOCUS AREA
NORTH Future University of West GA Campus
SOUTH
Coweta Justice Center, Reese St., Calhoun St.
EAST
Farmer St., Pinson St.
WEST
Jackson St., Brown St., 1st Ave.
SIZE = 338 acres
EXISTING PHYSICAL CONDITIONS
ZONING
Major zoning districts in LCI area:
• “Urban Residential”
• Central Business District • Office Institutional
EXISTING PHYSICAL CONDITIONS
EXISTING LAND USE
Residential: 27% Streets/Right‐Of‐Way: 23% Commercial: 12% Public/Institutional: 11% Parks/Conservation: 9% Industrial: 7% Undeveloped/Vacant: 7% Mixed Use: 5%
EXISTING PHYSICAL CONDITIONS
TOPOGRAPHY
• High point at Historic Courthouse/Downtown Core
• Low points at C.J. Smith Park/Newnan Lofts retention pond, floodplain to SE
EXISTING PHYSICAL CONDITIONS
OWNER vs. RENTER‐
OCCUPIED HOMES
• Approximately 340 homes in LCI area
• Of those, 78% are rental
EXISTING PHYSICAL CONDITIONS
BUILDING OCCUPANCY
• Majority of buildings/homes in Coletown, Chalk Level, Downtown area are occupied
• Unoccupied buildings/homes more prevalent in NE area
• University of West Georgia Campus plans for NW area
EXISTING PHYSICAL CONDITIONS
HISTORIC RESOURCES
•
Wealth of Historic Districts within and abutting LCI area
•
Many homes/buildings on National Historic Register •
Many homes/buildings recognized as historically significant at state and local levels (team still collecting data)
•
Many historic sites such as Cemeteries and Parks
EXISTING PHYSICAL CONDITIONS
DEVELOPMENT OPPORTUNITIES
• Area around future University of West Georgia Campus
• August Drive Site
• Historic Warner School Site
• Caldwell Tanks Site
• Various industrial/commercial properties along railroad line
• Former industrial property between 1st and 2nd Avenue
EXISTING TRANSPORTATION CONDITIONS
EXISTING TRANSPORTATION CONDITIONS
AVERAGE DAILY TRAFFIC COUNTS
•
Jackson and Jefferson volumes more than double that north of the square
EXISTING TRANSPORTATION CONDITIONS
CRASH RATES
•
Broad at Farmer had highest crash rate of any intersection in study area
•
Washington between Brown and Perry had very high crash rate •
Broad between Brown and Perry had somewhat high crash rate (but less than half that of Washington) •
Almost 2/3 of the crashes on Washington and Broad had to do with parking issues and cars backing out.
EXISTING TRANSPORTATION CONDITIONS
PEDESTRIAN FACILITIES
•
Sidewalk conditions map
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Great sidewalks in Downtown Core, but generally lacking sidewalks in neighborhoods to east
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Lacking or discontinuous sidewalks around future UWG campus and along Augusta Street
EXISTING TRANSPORTATION CONDITIONS
BICYCLE FACILITIES
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LCI area overall lacking bike facilities, but the City currently developing a Bike Facilities Master Plan. Has completed Phase 1 and now working on Phase 2.
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Future bike facilities being considered along Jackson, Jefferson, College, Broad, Farmer
EXISTING TRANSPORTATION CONDITIONS
TRANSPORTATION PROJECTS UNDERWAY
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Future McIntosh Parkway Extension
•
Future I‐85 interchange at Poplar Road
ISSUES & OPPORTUNITIES
Although the process is in its early stages, we’ve already heard many common themes related to things such as…
Historic Preservation & Rehabilitation
Intown Neighborhoods
The Downtown Core
Housing & New Development
Transportation & Connectivity
Parks & Open Space
Community Facilities
Now we want to hear your thoughts and ideas!
PLANNING STATIONS
PLANNING STATIONS
PLANNING STATIONS
PLANNING STATIONS
PLANNING STATIONS
Need more
bike lanes
PLANNING STATIONS
PLANNING STATIONS
Lofts
More retail
Downtown
NEXT STEPS
Online Survey expected to be up in a few weeks (be sure to write your email address on sign‐in sheet!)
Second Public Workshop in December
Third and Fourth Public Workshops in early 2014
Plan submitted to Atlanta Regional Commission around April 2014