URBAN$CAPES - Planning and Building the
Transcription
URBAN$CAPES - Planning and Building the
URBAN$CAPES │ Planning & Building the Downtown Project Lonnie Hoogeboom, AIA │ Director of Planning, Design & Development Central Houston, Downtown District, Redevelopment Authority Institute for Leadership in Capital Projects │ March 26, 2015 The Downtown Project │ 2004 Base Year Downtown Recent Past │ Renovations 2004 - 2012 Downtown Recent Past │ Ground-up Development 2004 - 2012 Downtown Future(s) │ Current Renovations 2013 - 2017 Downtown Future(s) │ Potential Development 2013 - 2017 The Downtown Project │ The Never-ending Story The Downtown Project │ Super Bowl XXXVIII – Super Bowl LI Organizational Structure Private Sector Public Sector Business, institutions, property owners, residents, interested citizens State of Texas City of Houston Central Houston Civic Improvement 501(c)(3) Central Houston, Inc. 501(c)(6) Houston Downtown Alliance 501(c)(6) & 501(c)(3) Houston Downtown Management District Downtown Tax Increment Reinvestment Zone Downtown Redevelopment Authority public 501(c)(3) Allied Community Organizations Governmental Boundaries │ Downtown District & Redevelopment Authority Downtown by the Numbers 1,176 acres (inside freeways) 80 million square feet built space 150,000 employees 4,000+ residents (inside freeways) 52,000+ residents (2-mile radius) 5,083 hotel rooms 44 million square feet office space 2.7 million square feet retail space 13,000 theater seats 2 universities-13,000 students Downtown Snapshots Mid-1980s Mid-2010s 28 msf office 44 msf office 1,800 hotel rooms 5,083 hotel rooms 900 residential units 3,100 residential units 3.5 msf retail 2.7 msf retail 227,000 sf convention space 1.9 million sf convention space 6 resident organizations in 4 halls 9 resident organizations in 8 halls 3 major league sports facilities New parks & public spaces Unprecedented Times • 1985 to 2010 ~ $6.1 billion investment or 57% public / 43% private • 1985 to 2016 ~ $10.3 billion investment or 33% public / 67% private $4,500,000,000 $4,000,000,000 $3,500,000,000 $3,000,000,000 $2,500,000,000 $2,000,000,000 $1,500,000,000 $1,000,000,000 $500,000,000 $1985-1990 1991-1995 Public Investment 1996-2000 2001-2005 Private Investment 2006-2010 2011-2016 MARKET SQUARE 1920s MARKET SQUARE 1950s MARKET SQUARE 1970s MARKET SQUARE 1990 MARKET SQUARE PARK 2000 MARKET SQUARE PARK 2011 Lauren Griffith Associates Market Square Park │ Opening Ceremony – OPA! August 28, 2011 Public Space as Development Catalyst │ Historic District $4M Park Reconstruction Yields 3 Yr / $2M Investment in Historic District Renovations PLUS Two Residential Towers ($230M) with Direct Marketing of Market Square Park Discovery Green Public Space as Development Catalyst │ 10x ROI HISTORICAL DEVELOPMENT 2007-2011 Hess Tower One Park Place Phoenicia Grocery Embassy Suites • TOTAL VALUE $ 350,000,000 $ 125,000,000 $ 6,000,000 $ 50,000,000 $ 531,000,000 CURRENT DEVELOPMENT 2014-2016 • Marriott Marquis $ 269,000,000 • GRBCC Garage $ 85,000,000 • Avenida de las Americas & GRBCC Renovations $ 80,000,000 • Block 98 Residential $ 73,000,000 • TOTAL VALUE $ 507,000,000 • PARK’S TOTAL COST $ 125,000,000 $400 Millions • • • • $500 $300 $200 $100 $- Discovery Green Construction Costs Private Current Development Development 2007-2011 2014-2016 Southern Downtown │ Planning for Future Capital Projects February 2013 June 2013 June 2014 Downtown District Market Study issued February 2013 ULI - Technical Assistance Panel held March 20-21, 2013 ULI Report issued June 13, 2013 ULI recommendations focus on residential development and catalytic opportunities for public streetscape and one or more parks Southern Downtown Public Realm Plan issued June 18, 2014 Southern Downtown │ Land Use & Public Realm Improvements (ULI-TAP) Southern Downtown Public Realm Plan This planning project of the Downtown District proposes six development and capital improvement strategies to enhance the southern-third of Downtown. Next: land acquisition for a new park. Southern Downtown Public Realm Plan │ 6 Strategies THE ORIGINAL “TXDOT” HIGHWAY PROJECT THE ORIGINAL “TXDOT” HIGHWAY PROJECT TXDOT - North Houston Highway Improvement Project (NHHIP) Segment 1: Beltway 8 to 610 Loop Segment 2: 610 Loop to Downtown Segment 3: Downtown Highways October 2012: 10-14 Alternatives per Segment with 6 “Potential Alternatives” identified per Segment November 2013: 3 “Reasonable Alternatives” per Segment April 2015: 1 “Preferred Alternative” per Segment Downtown District serves as a “Participating Agency” to TXDOT with a 20-member working group and bi-monthly agency meetings North Houston Highway Improvement Project (NHHIP) Segment 3 - Alternative 10 North Houston Highway Improvement Project (NHHIP) Segment 3 - Alternative 11 North Houston Highway Improvement Project (NHHIP) Segment 3 - Alternative 12 North Houston Highway Improvement Project (NHHIP) District Sketch – June 2014 North Houston Highway Improvement Project (NHHIP) TxDOT – January 2015 North Houston Highway Improvement Project (NHHIP) District Sketch – February 2015 Wayfinding │ 2014 - 2016 Capital Project Deploy pedestrian wayfinding system across downtown ~ 100 new signs Update vehicular message panels to sync with pedestrian system Installation coordinated with capital projects Graphics that can more easily be maintained and updated Budget : $3 Million Pedestrian Wayfinding Vehicular Wayfinding Sign Refurbishment Mayor’s Retail Task Force │ Planning 2013 District & Authority focus from January – September 2013 Strategic implementation of prior retail and planning studies Dallas Street as retail corridor supporting office, residential and convention markets Streetscape improvements timed with private development and retail conversion of existing facilities Leverage the repositioning of GreenStreet as Downtown’s retail anchor Report issued September 12, 2013 8 blocks currently Under Construction through Final Four 2016 Budget: $15 million September 2013 Shopping District │ Target Area Mayor’s Retail Task Force │ 1100 Block of Dallas Mayor’s Retail Task Force │Main and Dallas Birdseye View Shopping District │ Streetscape Improvements Under Construction Shopping District │ Streetscape Finishes Main Street Improvements │ 2015 Capital Project One decade since 2004 opening of METRO Light Rail and Main Street Improvements 12 Main Street projects in private development queue Needed upgrades to Downtown’s primary historic and transit corridor, building upon past and future investments Currently “on pause” pending receipt of bond funds Construction: June 2015 – June 2016 Budget: $8 Million Main Street Improvements │ Overview Main Street Improvements │ Historic District Main Street Improvements │ Southern Downtown Main Street Improvements │ Central Station Main Street Improvements │ Main Street Square – ART PROJECT ART Main Street Improvements │ Main Street Square – ART PROJECT ART Allen Parkway Improvements │ 2015-2016 Capital Project To support safe access to Buffalo Bayou Park, with new trees in medians, LED streetlights Existing westbound: convert to 125 diagonal parking spaces with slow speed access lane Existing eastbound: convert to westbound main lanes Existing 2-way frontage: convert to eastbound main lanes, new connection to IH-45 entry ramp 3 signalized intersections between Montrose and IH-45, reduce speeds from 40 mph to 35 mph Allen Parkway │ Existing Lane Diagram SWA Group Allen Parkway │ Proposed Lane Diagram SWA Group Allen Parkway │ Existing Conditions at Taft Street Allen Parkway │ Proposed Parking & Access Lane at Taft Street Eastbound Allen Parkway The Downtown Mix New Development │ Educational HSPVA - High School for the Performing & Visual Arts Capitol / Austin / Rusk / Caroline 5 stories ~$80 million, part of 2012 HISD Bond Referendum Under construction 3Q 2016 estimated occupancy HSPVA 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 New Development │ Office SF Potential in green 4,000,000 3,500,000 3,000,000 2,500,000 2,000,000 1,500,000 1,000,000 500,000 0 New Development │ Office Hines 41 stories 1 million SF Under Construction 4Q 2016 occupancy 609 Main 1110 Main Partners LP 24 stories 500,000 SF Under Construction 1Q 2016 occupancy 1111 Travis New Development │ Office Skanska 34 stories 700,000 SF 2013-2015 select demolition (former Houston Club Building) Construction start N/A Occupancy N/A Capitol Tower Chevron Campus 50 stories 1.7 million SF 1,750 jobs resulting in 10,000 Chevron Downtown workforce Construction start N/A Occupancy N/A Chevron New Development │ Office Crescent 30 stories 600,000 SF Construction start N/A Occupancy N/A Since “first ground breaking” tower redesigned to face Rusk 6 Houston Center Shorenstein 45 stories 1.4 million SF 2Q 2015 select demolition (former ExxonMobil Building) Construction start N/A Occupancy N/A 800 Bell New Development │ Hotel Downtown Hotel And Room Count 30 8,000 7,000 25 6,000 20 5,000 15 4,000 Hotels 3,000 10 2,000 5 1,000 0 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 - Sources: Central Houston, Inc. and Smith Travel Research Hotels Hotel Rooms Rooms New Development │ Hotel RLJ Lodging Trust Historic Humble Building Convert 82-unit residential tower to166-room hotel Under construction Opening 2Q 2015 SpringHill Suites Midway Companies Inc. 27 stories 225 rooms Under construction Opening 4Q 2016 Hotel Alessandra New Development │ Hotel Wedge Group Inc. 12 stories 230 rooms Construction start N/A Occupancy N/A Hilton Garden Inn K&K Hotel Group Former Savoy Hotel Convert to Holiday Inn 17 stories 200 rooms Under construction Holiday Inn Opening 2Q 2015 New Development │ Hotel American Liberty Hospitality 14-stories Hampton Inn: 168 rooms Homewood Suites: extended stay, 132 rooms Under construction Hampton Inn & Homewood Suites 1Q 2016 opening Pearl Hospitality Historic 1911 Carter Building 806 Main at Rusk 325 rooms OPENED SEPTEMBER 2014 JW Marriott New Development │ Convention Hotels Rida Development Corp. 1,000 rooms 1,800-space parking garage north of GRBCC Under construction 3Q 2016 opening Marriott Marquis Houston First Corporation 17-stories RFP Issued 3Q 2014 Convention Hotel New Development │ Convention Tourism Facilities Nau Center for the Texas Cultural Museum 2 stories 60,000 SF Construction start N/A Houston First Corporation 7 stories 120,000 SF Under Construction 1Q 2016 occupancy GHP Building & GRB Convention Center Garage studies Convention District 2025 Master PlanPlanning │ Planning December 2011 George R. Brown Convention Center 2025 Master Plan “A significant increase in residents in close proximity would indirectly support the long range vision for the GRBCC. More residents equate to more amenities that, in turn, would be available to convention visitors. An increase in people living downtown would result in more pedestrians on downtown streets, 24-7, fostering a sense of urban vitality and safety for residents and visitors alike” H-GAC Downtown/EaDo Livable Center │ Planning September 2011 Houston Galveston Area Council: Downtown/ EaDo Livable Centers Study “With its proximity to downtown, the Study Area has a strong market demand for residential units…The biggest limitation on residential development, though, is not demand but land values; the disparity between current rents and land values makes it difficult for development to ‘pencil out’.” Convention District│ Planning January 2012 (ULI-TAP) Urban Land Institute Technical Assistance Panel report: “The effort and public funds already expended within the area and the economic importance of the area to the city as a whole is too great, the window of opportunity is too short, and the margin for error is too slim for this market potential to be realized without bold steps also being taken by the public sector.” Convention District │ 2013 - 2014 Design & 2014 - 2016 Construction Convention District Convention District 138,276 Population Change │ 1950 – 1990 (LEHD Historical Analysis) -30,183 New Development Inner City Residential Development │ 2-mile & 3-mile Base Map New Development Inner City Residential Development │ 1995-2000 New Development Inner City Residential Development │ 1995-2006 New Development Inner City Residential Development │ 1995-2013 Downtown Living 1993 – 1998 │ 480 Residential Units White Oak Lofts Foley Building Dakota Lofts New Hope Housing Hogg Palace Post Rice Lofts Downtown Living 1999 – 2004 │ 1,326 Residential Units Bayou Lofts Hermann Lofts Commerce Towers Houston House Keystone Lofts Capitol Lofts Downtown Living 2005 – 2012 │ 1,434 Residential Units Tennison Lofts Byrd’s Lofts St. Germain City View Lofts One Park Place Kirby Lofts Houston Multi-family Housing New Construction Downtown Living Initiative City Council action August 22, 2012 & April 16, 2014 First 5,000 units receive up to $15,000 tax and assessment reimbursement 3-part Downtown target area Two projects developed independent of incentive program Incentives linked to Design Guidelines and Design Compliance Review by District & Authority staff New Development │ Residential The Finger Companies 7-stories, 400 rental units Under construction 1Q 2016 occupancy 500 Crawford Resolution Real Estate 5-stories, 149 rental units Under Construction 2Q 2016 occupancy The Hamilton New Development │ Residential Novare Group 24-stories, 336 rental units OPEN JUNE 2014 SkyHouse Houston Novare Group 24-stories, 336 rental units Under Construction 1Q 2016 occupancy SkyHouse Main New Development │ Residential Hines 32-stories, 274 units Under construction 1Q 2017 occupancy One Market Square Provident Realty Advisors 1915, 1938 & 1959 Historic Building Renovations 16-stories, 323 rental units Under construction 4Q 2015 occupancy 1111 Rusk New Development │ Residential BMS 40-stories, 463 rental units Under construction 1Q 2017 occupancy Market Square Tower Alliance Residential Company 5 stories, 207 units Under construction 1Q 2016 occupancy Block 334 New Development │ Residential Marquette Companies 28 stories, 361 rental units Under construction 4Q 2016 occupancy Catalyst Todd Interests 22-stories, 162 rental units Historic Building Renovations 3Q 2015 construction start 1Q 2017 occupancy Block 72 New Development │ Residential Realtex Development Corporation 7-stories, 209 rental units 3Q 2015 construction start 3Q 2017 occupancy The Cosmopolitan Allied Orion Group 8 stories, 242 rental units 4Q 2015 construction start 2Q 2017 occupancy Block 384 New Development │ Residential Trammell Crow Residential 8-stories, 285 units 2Q 2015 construction start 1Q 2017 occupancy Alexan Downtown Leon Capital Group 5 stories, 220 units 2Q 2015 construction start 4Q 2016 occupancy Block 365 New Development │ Residential Marquette Companies 24-stories, 304 rental units 3Q 2015 construction start 1Q 2017 occupancy Block 114 Randall Davis 20-stories, 100 units 2Q 2015 construction start 1Q 2017 occupancy Marlowe New Development │ Residential Trammell Crow 40-stories, 314 rental units 2Q 2015 construction start 2Q 2017 occupancy Fairfield Residential 10-stories, 290 units Block 98 1Q 2016 construction start 1Q 2018 occupancy Block 387 New Development │ Residential Camden Property Trust 2-block & 2-phase development 20 stories, 275 units x 2 Construction start 4Q 2015 Phase 1, 4Q 2017 Phase 2 Block 330 & Block 346 Downtown Living Initiative │ Public Realm Planning Strategies Downtown Living Initiative│ Residential Development Timeline The Hamilton 500 Crawford SkyHouse Houston 1111 Rusk Block 334 One Market Square Catalyst Block 384 - Allied Orion Market Square Tower Block 365 – Leon Capital Group Alexan Downtown SkyHouse Main The Cosmopolitan Block 98 – Trammell Crow Marlowe Block 114 – Marquette Blocks 330 & 346 – Camden Block 387 – Fairfield Residential Block 72 – Todd Interests 2012-2015 Downtown Living Initiative │ Project Roster • 336……SkyHouse Houston • 323……1111 Rusk • 207……Block 334 • 361……Catalyst • 274……Hines Market Square • 242……Block 384 • 463……Market Square Tower • 285……Alexan Downtown • 220……Block 365 • 336……SkyHouse Main • 209……The Cosmopolitan • 314……900 Crawford • 550……Block 330 &346 • 100……Marlowe • 290……Block 387 • 304……Block 114 • 162……Block 72 4976 = TOTAL + 400……500 Crawford + 149……The Hamilton 2012 – 2015 Residential Projects Downtown Houston Current Development │ March 2015 The Downtown Project ~ Current Chapter │ Thank You