A Changing Landscape: First Nations Land

A Changing Landscape: First Nations Land
Development in Metro Vancouver
NAIOP March Breakfast Meeting
Introduction
Introduction
Introduction
Musqueam
Our Past
Musqueam
Our Lands
Musqueam
Our Community
o Today, we have 1,190 members with 649 members (55%) living onreserve.
o Our population has been rapidly growing between 2% and 5% a year and
will continue to grow faster in the future.
o This is because young people under the age of 19 represent almost 40%
of our population.
Musqueam
Business Portfolio
o
6 Revenue generating real estate assets
o
6 Development real estate properties
o
Portfolio value – $500 million
o
Annual revenue - $ 2.7 million
o
Exclusive of Parcel A & B, Shaughnessy Golf
Course
Musqueam
Business Portfolio: Milltown Marina & Boatyard
Key Features
Social Benefits
o
Joint
Venture
with
Development Corporation
Bastion
o
Potential part
employment
and
full
time
o
State of the art facility 6 nautical
miles from the Straight of Georgia
o
Strengthens Musqueam’s presence
in ancient village site
o
408 Drystack slips
o
Increased community pride
Musqueam
Asset Management: Glenlyon Building
o
94,000 sq. ft. office building in Burnaby
Musqueam
Asset Management: Shalimar Townhouses
o
76 unit townhouse complex
Musqueam
Asset Management: Fraser Arms Hotel
o
Purchased in 1993
o
Leased November 2010 on a 24 year lease
Musqueam
Asset Management: University Golf Club
o 146 acre golf course/driving range/club house
o Must remain a golf course until 2083
o Considering new agreement and creation of high performance golf center
Musqueam
Asset Management: Musqueam Golf & Learning Academy
o
57 acre golf course and driving range
o
50/50 Partnership with Gino Odjick
Musqueam
Asset Management: Shaughnessy Golf and Country Club
o
160 acre private golf club
o
99 year lease expiring in 2032
Musqueam
Asset Management: Ladner Reserve # 4
o
142 acres site in southwest Delta
o
Currently leased for agriculture
o
Highest and best use recommends Port related logistics center
o
Discussions with Port on near term containers storage use
Musqueam
Asset Management: Block F
o
22 acres site in UEL returned to Musqueam under the 2008 Reconciliation
Agreement
o
Currently being rezoned for: Residential, Hotel, Retail, Parks & Amenities
o
Freehold parcel to be developed on a phased basis
Musqueam
Asset Management: Parcel A
o
67 acre single family sub division (75 homes)
o
Long term lease with rent review in 2015
Musqueam
Asset Management: Block K
o
37 acre Parcel acquired in 2008
o
Adjacent to Shaughnessy Golf and Country Club
o
Potential mixed use development
o
Action being taken to add it to Musqueam IR#2
Musqueam
Asset Management: Bridgeport Lands
o
18 acre waterfront site
o
Prepaid leased land until 2041
o
Hotel, casino & marina development
Tsawwassen First Nation
Building a Better Future
NAIOP
March, 2014
21
TFN Community
450 Members – half living in TFN, half in Canada & USA
Strategically located close to major national and regional transportation
routes.
30 kilometers from both downtown Vancouver and the U.S. border
• adjacent to Deltaport, international gateway for Pacific shipping
• direct access to the Deltaport Way and South Fraser Perimeter Road
• adjacent to BC Ferries Tsawwassen terminal providing access to
Vancouver Island
•
22
TFN Treaty
April 3, 2009 TFN ratified the first urban treaty in BC that provides:
•
ownership over 1,800 acres (724 hectares) of land in Lower Mainland
•
charge of our economic and political destiny
•
broad range of self-government jurisdiction over lands, resources,
governance, social programming
Includes municipal-like jurisdiction over land management and approval
processes
23
Governance Structure
TFN governed by our
•
Legislative Assembly
•
Chief, and
•
Executive Council - oversees the daily affairs of the Nation
Has powers roughly equivalent to a municipality and province
Full member of the MetroVancouver Regional District
24
Land Ownership
Stable land ownership system through:
•
BC Land Title Office – all lands registered in provincial titles office
•
Tsawwassen Land Act & other laws – sets out stable, consistent set of rules
Tsawwassen Lands include both:
• Tsawwassen Fee Simple Interests (TFSI’s)
• Tsawwassen Public Lands
Lands available only on long term leases
• ensures land base remains under the control of the Tsawwassen people
25
Development Approvals
TFN Government
• manages typical municipal land development approval process
• established regulatory processes for zoning, subdivision, building permits,
development permits, and off-site levies
All Tsawwassen laws and regulations online at
www.tsawwassenfirstnation.com
26
Economic Development Corporation
Established to develop TFN lands in an economically, socially and
environmentally sustainable manner and to facilitate business relationships
Actively seeks partners to create developments that will:
• generate short and long term land lease and partnerships revenues
• provide skills, training and employment opportunities for our
Members and their businesses
- Guided by experienced Board of Directors with business expertise and
TFN representation
27
TFN Community Land Use Plan - 2008
Residential Lands
TFN can develop as ‘best new seaside community in Canada’
• highly desirable location along BC coastline
• master-planned community with a mix of uses - you can live, work,
shop and play
• provides a variety of housing forms and tenure
Market has responded positively to Phase 1 of Aquilini’s Tsawwassen
Shores community
29
Residential
Lands
TFN anticipates development
up to 2800 new homes in the
community (north and south
of Hwy 17)
Approx. 6000 new residents
New Village Centre
30
Commercial Development
Executed 99 year leases with Ivanhoe Cambridge and Property
Development Group
Develop 185 acres as 1.8million sf mixed-use complex with retail,
entertainment and office uses
Potential to become one of BC’s signature shopping locations
Construction Started - Late 2012
Target Opening Date - Spring 2016
31
Industrial Lands
Major logistics-based industrial
park with state-of-the-art
intermodal, goods-handling, light
manufacturing, warehousing and
distribution services
Estimate1000 construction related
jobs & 1500 permanent jobs in
32
supply chain sector
Industrial Lands
330 acres adjacent to Deltaport, Canada’s largest container-port complex
and bulk-commodities terminal
Direct access to the Deltaport Way, South Fraser Perimeter Road (SFPR),
and Class 1 railways (CN, CP, & BNSF)
Inner Harbour Terminals
CP Intermodal
South Fraser Perimeter Road
CN Intermodal
Roberts Bank Rail Corridor
Deltaport
Deltaport
TFN Industrial Lands
TFN Industrial
Lands
33
Industrial Lands
Major logistics-based industrial
park with 4,000,000sf of state-ofthe-art intermodal, goodshandling, light manufacturing,
warehousing and distribution
34
services
Industrial Lands
Secured funding from the Canada Economic Action Plan to initiate
development of our Industrial Lands
Funds used to complete roadworks and site servicing of the initial 100 acres
Leveraging these improvements to attract tenants and joint venture
opportunities to the Industrial Lands
Currently negotiating 3 projects on 70 acres of the initial 100 acres
35
Industrial Lands
Container Examination Facility (CEF)
Term Sheet with Port Metro Vancouver (PMV) for 60-year lease of 11.4 acre
site
Develop CEF with Canadian Border Services Agency (CBSA) to service
Deltaport
TFN Members can be trained as CBSA staff for this and other CBSA facilities
Target Opening Date – Fall 2016
36
Cardlock Facility
Industrial Lands
Letter of Intent with Chevron to develop 6-station cardlock facility on 1.2ac
site
Direct access to Deltaport Way and South Fraser Perimeter Road
Service 1500 trucks that travel to Deltaport daily. Will increase as Deltaport
expands container capacity
Target Opening Date – late 2014
37
Industrial
Lands
Logistics Park
Agreement to Lease with
(GWL)
60-year term for 57 acres
Develop premier west-coast
logistics facility
Approx. 1.2M sf of
warehouse
Target Opening Date – late
2016 / early 2017
38
Economic Impacts (Deloitte)
Buildout of the TFN Community per the Land Use Plan estimated to generate
(direct and indirect):
$3.76 billion in Construction Impacts (‘one time’) comprised of:
•
$3.74 billion in construction spending of which $1.06 billion is construction
employment income
•
$20.4 million in first time Property Transfer Tax
•
21,360 person years of construction-related employment
39
Economic Impacts (Deloitte)
In addition buildout of the community is estimated to generate (direct and
indirect):
$548 million in Operations Impacts (annual) comprised of:
•
10,830 permanent retail and industrial jobs
•
$484 million in annual employment income
•
$36 million in operations spending (for commercial and retail facilities)
•
$27.7 million in property taxes to TFN
40
TFN – Building a Better Future
Build a vibrant , prosperous and complete community that will flourish for
generations
Contribute to TFN being an ideal location to raise a family and a working
model of an environmentally sustainable, self-sufficient and culturally proud
First Nation community.
41
Squamish Nation
Squamish Nation
Squamish Nation
20 March 2014
Presented by Jason Calla
to the National Association of Office and
Industrial Properties (NAOIP)
Squamish Nation
Squamish Nation
Membership
4,000
-
Over half currently live on reserve
Over a thousand more want to live on reserve
McIvor Decision
Membership Code
Annual budget
$60 million
- About a third: fiscal transfer
- About two thirds: own source revenue
- Rent, businesses, property taxation
Indian Reserves
24
-
Other lands
Fee simple
TFL 38
- Purchased 1,200 acres from province
- Some remain fee simple
- Some proposed additions to reserve
Mission, Seymour, Capilano (North Shore)
Kitsilano (south end of the Burrard Bridge)
Chekwelp (Langdale)
Squamish Valley (flood plain issues)
Squamish Nation
Squamish Nation
Squamish Nation
The Difference
Between On and Off Reserve
Interest
Leasehold
Leasehold
(FNLMA - Land Code)
Indian Land Registry
Land Title FNCIDA
Ownership /
FNCIDA
Corporation Act
management
Property tax and DCC’s FSMA Indian Act
Infrastructure finance FSMAPrivate Sector
Leasehold
Land Title Act
Strata Property Act
Provincial Law
Municipal Finance
Authority
Squamish Nation
Land use
Indian Act designations
• Reserve specific land use plans
• Traditional territory land use plan
• Community Development Plan
•
-
www.squamishfamilymeeting.com
Squamish Nation
Proposed development
Areas Designated for Development by
Membership
Seymour Creek
Capilano
Senakw
Chekwelp