Access the RFQ here.
Transcription
Access the RFQ here.
Request for Qualifications First and Cherry Mixed-Use Development Opportunity Chattanooga, TN 37402 Offered by: Friday, August 5, 2016 RE: DEVELOPMENT OPPORTUNITY FIRST AND CHERRY Dear Potential Developers, Thank you for your interest in moving downtown Chattanooga forward. For almost 30 years, River City Company has played an integral role in downtown’s growth and development. As a private nonprofit, we have had tremendous partners including government, foundations, downtown stakeholders and private developers work hand in hand with us on projects that have garnered a worldwide reputation for their vision, quality and authenticity. We have no doubt that these important parcels in the heart of our city should and could do the same. River City Company is the managing and general partner in First and Market, Limited Partnership, which controls the development rights for this, one of the few remaining undeveloped parcels in the Riverfront District. We are excited about how this parcel will put a finishing touch on this well established and successful district, once again contributing to the vibrancy of our downtown. Again, we appreciate your interest and look forward to your proposal. Sincerely, Kim White President and CEO First and Cherry Development – Request for Qualifications Page 1 Table of Contents Who Is River City Company .......................................................................................................................... 3 History of River City Company ...................................................................................................................... 3 Executive Summary ...................................................................................................................................... 4 Parcel Information: .................................................................................................................................... 5 Existing Conditions ........................................................................................................................................ 6 Vision............................................................................................................................................................. 9 Desired Program and Objectives .............................................................................................................. 9 Urban Form and Use ................................................................................................................................. 9 Guiding Principles of Urban Design ........................................................................................................ 10 Urban Design Considerations ................................................................................................................. 11 Chattanooga Design Studio .................................................................................................................... 11 Home Owners Association Requirements (abridged): ................................................................................ 12 General Requirements ................................................................................................................................ 13 Submission .............................................................................................................................................. 13 Timeline ................................................................................................................................................... 13 Design Review ........................................................................................................................................ 13 Questions? .............................................................................................................................................. 13 General Terms and Conditions ................................................................................................................... 14 Environmental and Geotechnical ............................................................................................................ 14 Utilities and Storm Water ........................................................................................................................ 14 Real Estate Agreement, et al .................................................................................................................. 14 Real Estate Commission ......................................................................................................................... 14 Supporting Information ................................................................................................................................ 14 Downtown Market Study ......................................................................................................................... 14 Form Based Code ................................................................................................................................... 14 Appendices: ................................................................................................................................................ 15 A. B. C. Geotechnical Exploration Report (excerpt pages), January, 1998 by Tri-State Testing & Drilling Form Based Code – Downtown Core Residential Multi-Unit (D-RM) (excerpt pages), adopted June 21, 2016 by City of Chattanooga The Ramble – Chattanooga Arts Promenade, Master Plan Document (excerpt pages), February, 2016 by W.M. Whitaker and Associates First and Cherry Development – Request for Qualifications Page 2 Who Is River City Company River City Company is the economic development engine for Downtown Chattanooga. Through its work to cultivate and advocate for a vibrant and healthy downtown, River City Company stimulates the community's economic, social and cultural growth. For almost 30 years, River City Company, a private non-profit, has worked in partnership with local government, the private sector, and the philanthropic sector to support Downtown Chattanooga. Because a vigorous downtown is a prerequisite for a healthier city, we’re working to keep downtown Chattanooga working. River City Company's Board of Directors represents the community at large with City and County Mayors, representatives from Chattanooga City Council and Hamilton County Commission and numerous community leaders. The Board of Directors provides an invaluable knowledge base to help us determine the best use of our $3.2 million annual budget. History of River City Company River City Company has played an integral role in the redevelopment and revitalization of Downtown Chattanooga. Created as a private non-profit in 1986 to implement a 20-year twenty-two mile blueprint for Chattanooga's riverfront and downtown development, the non-profit was originally capitalized with $12 million from local foundations and financial institutions. By working with local government, the private sector, and the philanthropic sector, River City Company supported and developed key real estate projects in Downtown Chattanooga. From the fulfillment of the initial recommendations of the Moccasin Bend Task Force for the development of the Tennessee Riverwalk, to the development of the Tennessee Aquarium, the redevelopment of the Kirkman High School site, fulfillment of the 21st Century Waterfront Plan, the Majestic Theater and recently The Block, River City Company has been most successful as a public purpose development company. First and Cherry Development – Request for Qualifications Page 3 Executive Summary First and Market, Limited Partnership has the development rights to this highly desirable and key parcel in the Riverfront District of downtown Chattanooga. The site is currently an unimproved lot, approximately 6,175 square feet in area. Developers are sought to create a sustainable mixed-use (for sale residential and optional quiet retail/commercial) project that will increase the availability of housing in the district and animate the street/public realm. Developer Selection will be made based upon these evaluation criteria: The overall desirability, compatibility and programmatic concept. Consistency with the expected uses and requirements set forth in this document. Demonstrated ability of the developer to undertake a project of this magnitude; as well as overall financial stability and size of the firm(s). Time frame for the proposed development. Overall positive impact on downtown. It is anticipated that construction will commence on this project in 2017 with a strict completion deadline in 2019. Firm timelines and performance dates will be negotiated with the selected developer/proposer. First and Cherry Development – Request for Qualifications Page 4 Parcel Information: NORTH Tax Map Number: 135L-B-009 Zoning: Downtown Core, Residential Multi-Unit (RM-4) – Residential Multi-Unit zone is intended to accommodate a mix of higher intensity multifamily housing options in a pedestrian-friendly environment. Live/work is allowed subject to standards that limit the extent of the use. The pages from the City’s Form Based Code for Residential Multi-Unit are included and attached in Appendices B. Undeveloped parcel size is approximately 95’ wide x65’ deep (approximately 6,175 square feet) Site is steeply sloping from Cherry Street, along First Street, down to Market Street. There is a 15’ to 20’ drop from Cherry Street to the rear of the parcel to the west. This parcel is a part of the First and Market Owners Association, Inc. (HOA) and will be subject to the covenants, conditions and restrictions set forth in the Master Deed, recorded in Hamilton County, Book and Page GI 5812 607, governed and administered by the HOA. Additional considerations have been negotiated with the HOA and are referenced in the Home Owner’s Association Requirements (abridged) on page 12 of this RFQ. First and Cherry Development – Request for Qualifications Page 5 Existing Conditions From Cherry Street looking northwest From First Street looking southeast First and Cherry Development – Request for Qualifications Page 6 From First Street looking south From Second Street looking north First and Cherry Development – Request for Qualifications Page 7 From Cherry Street looking west From intersection of Cherry Street and First Street looking southwest First and Cherry Development – Request for Qualifications Page 8 Vision Desired Program and Objectives Ground Floor: The ground floor may be quiet retail/commercial and/or for sale residential. If quiet retail/commercial space is proposed, public access must be from the corner of First and Cherry Streets. Upper Floors: the upper floors are to be for sale residential units as required by the First and Market Home Owners Association. A maximum of eight individual units may be built. Parking: No on-site parking is required, but may be included. To the extent possible, parking should be behind and/or subterranean, and accessed from the rear of the building. Exterior, Materials and Design Control: Buildings should be constructed of lasting materials, blending with the surrounding architecture and present a feeling of permanence. All plans, landscaping, and building elevations shall have approval rights by the First and Market, LP, including review team members of its choosing. Sustainability: Sustainable methods of construction and operational energy efficiency should guide design decisions and will be strongly considered in the evaluation process. Urban Form and Use Suggested Building and Use Characteristics have been explored in a recent study by River City Company, who engaged WM Whitaker & Associates and Urban Design Associates. This study of the mainly pedestrian corridor, from the Chattanooga Green in the west to the Bluff View Arts District to the east, examined the area as a public arts promenade and from an economic development perspective. Coined The Ramble, this study seeks to enhance the already great public spaces along this corridor and connect them in a more coherent way, creating a more enjoyable experience. An excerpt from this study is included Appendices C. Frontage: Structure should be built to the property line along both First Street and Cherry Street. Height: The height of the structure should not be more than four stories. Access: Vehicular access to the site should be accommodated from the rear of the building. First and Cherry Development – Request for Qualifications Page 9 Guiding Principles of Urban Design Successful place-making requires that a variety of puzzle pieces come together in a unified framework to make a place special and memorable. Public spaces and streets in particular, are the binding elements through which neighborhoods are both connected and understood and should be carefully designed to bring vitality, character, and life to the experience of people who take part in the life of those neighborhoods. The following principles are considered best-practices of urban design, that if employed, create exceptional public spaces and streetscapes with the optimal potential to support economic development success. 1. Complete Streets: Today’s roads need to accommodate multiple mobility options (cars, bicycles, pedestrians, and public transit) in order to maximize connectivity and efficiencies whilst providing appealing settings for the daily activities of people. 2. Streets and Blocks: The character of a street is defined by its relationship to buildings and development blocks that create an address on it. Buildings should be placed in a manner that creates a continuous active street frontage that engages directly with the public realm. 3. Setbacks & Building Placement: Mixed-use, commercial, office, and retail buildings should locate at or near the property line to reinforce the streetscape. Apartment buildings, townhouses and single-family residential should provide a modest transitional setback space and/or be elevated above the street level in order to provide a semi-private frontage for residents. 4. Parking: Though necessary for development, parking should be located away from the primary street address and accessed via secondary side roads, drives, or alleys. Structured parking should be screened and utilize architectural improvements when visible from public streets. 5. Accessibility and Safety: All sites should be designed ADA accessible for the use of all people and made safe through the use CPTED principles (Crime Prevention Through Environmental Design). 6. Architectural Character: Where possible, local architectural design precedents should be considered along with the use of environmentally sustainable high quality materials. The front facade should exhibit the most ornamentation and detail, as this is the face that contributes most to the character of the streetscape and the public realm. 7. Sustainable Design: Innovative design principles should be employed in new developments through the application of LEED (Leadership in Energy and Environmental Design) and Sustainable Sites Initiative techniques. 8. Landscape & Open Space: Plants and open space should be designed in a manner that enhances public spaces and unifies neighborhood character. First and Cherry Development – Request for Qualifications Page 10 Urban Design Considerations Through the years of Chattanooga’s urban renaissance, both the private and public sector have come to realize certain truths about a healthy downtown. This development represents a significant opportunity to put into practice once again some of these truths. In the hope that this development will respect the spirit of a healthy downtown, and go beyond minimum standards, these are a few of the principles to which the development should adhere: 1. First and foremost, the quality of the city depends on the quality of the design and construction of its component developments. 2. Public spaces are defined by the buildings that border them; those buildings should neither be too small or too large. The height of the face of the building is that part of the building that the pedestrians perceive and that part this is the dominant defining feature of the public space. 3. Public spaces benefit from buildings that provide a maximum amount of activity throughout the day. Permeability- the extent to which we can move into and out of buildings, and transparencythe extent to which we can see into and out of buildings, primarily on the ground, should be maximized in non-residential spaces. 4. Public spaces should be well articulated and well defined. Buildings should enforce the edge of the public space. 5. Exterior building walls in Chattanooga have traditionally adhered to a tripartite articulation of base, middle, and top, where, generally, buildings become “lighter” as they rise to the sky. Building materials are one tool for establishing this articulation. Also, rooftop penthouses may be built (setback from building face). Penthouses further establish the building wall articulation, providing a visually lighter structure at the top. Penthouse roofs should contrast with the conventional and surrounding roof structures in materials, structure, form and color, or a combination thereof. 6. Parking should be buffered from pedestrians via landscaping or building facades. Chattanooga Design Studio Developers are encouraged to utilize the Chattanooga Design Studio as a consulting resource. The Design Studio is a non‐profit community resource that promotes excellence in urban design in Chattanooga through education, facilitation, and collaboration. The Studio is an active partner in promoting the value of good design in making Chattanooga the best mid‐sized city in the South. First and Cherry Development – Request for Qualifications Page 11 Home Owners Association Requirements (abridged): 1. Conceptual, preliminary design for the improvements, which shall include external appearance, the number, size, and type (residential or commercial) of units, shall be approved in writing by the HOA prior to any construction commencing on the site. 2. The roof shall be a commercial grade roof membrane system with at least a twenty (20) year warranty, which warranty shall be assigned to the HOA upon completion of the units. 3. In concert with the construction of units and other improvements on the site by the developer, the developer will repair and/or replace the retaining wall on the property (see reference below). 4. Prior to the sale of any unit, the HOA and developer shall agree on a revised percentage interest assigned to each unit. 5. The developer must begin construction on the site by January 1, 2019. 6. Developer shall maintain builder's risk insurance in the amount sufficient to cover the construction on the site and commercial general liability insurance in the amount of $2,000,000.00, naming the HOA as an additional insured. Retaining wall to be repaired and/or replaced with development First and Cherry Development – Request for Qualifications Page 12 General Requirements While First and Market, LP is seeking and desire positive development on this parcel, we are in no way obligated to sell or enter into a business arrangement with any developer, and reserve the right to reject any and all if so desired. Selection of a developer will be at the sole discretion of First and Market, LP. Submission 1. 2. 3. 4. 5. 6. Development team profile (resumes, experience, team structure) Relevant experience (provide specific examples to include project data and photos) Client and/or financial references demonstrating ability to secure financing Suggested program and residential unit mix Conceptual floor plans and elevations to illustrate the program and project Respondents shall submit 5 hard copies of all proposal documents as well as an electronic file (.pdf format) of the documents. Proposals must be submitted (mailed or hand-delivered) to: ATTN: First and Cherry Development River City Company 850 Market Street, Second Floor Chattanooga, TN 37402 Timeline Distribution – Friday, August 5, 2016 Submissions due Friday, September 30, 2016 by NOON Project teams interviewed (TBD if required) – October 3-7, 2016 Negotiation with selected developer – month of October, 2016 Letter of Intent issued – November, 2016 Winning project team announced – November 30, 2016 Real Estate Closing – TBD with sufficient development requirements completed Design Review River City Company will require strict design guidelines, assurances and approvals throughout the project. There will be an appointed Design Review Committee to ensure adherence to these requirements and to provide input in the overall design process. This committee will be made up of individuals from the River City Company, Urban Design Associates and the Chattanooga Design Studio. Questions? Please direct all questions and/or requests to: Jim Williamson, River City Company 850 Market Street, Second Floor Chattanooga, TN 37402 (423) 265-3700 (P) (423) 265-6952 (F) [email protected] First and Cherry Development – Request for Qualifications Page 13 General Terms and Conditions These properties are listed in “as is, where is” condition. While this document has made every effort to convey transparency and all known existing conditions, it is the responsibility of the developer to determine the condition and requirements for any proposed new development. Any development of the property must conform to all building requirements and ordinances established by the applicable governmental entity, including but not limited to State and Federal requirements, Hamilton County, City of Chattanooga, Air Pollution Control Bureau, and all current adopted Building Code(s). Environmental and Geotechnical There is no current environmental or subsurface geotechnical information available. It is highly likely that rock will be encountered on site based on original development subsurface geotechnical investigations in 1998 (see Appendices A) Utilities and Storm Water It shall be the responsibility of the proposer and/or the purchaser/developer to determine whether any and all appropriate utilities are available to the site. It shall be the responsibility of the proposer and/or the purchaser/developer to ascertain City regulations relative to storm water for any development of these sites. Real Estate Agreement, et al A real estate purchase agreement, contract, lease, joint venture agreement, operating agreement, or other contractually legal document with specific terms will be negotiated with the selected developer. Timely redevelopment is of the essence and any transfer of title, land disturbance, construction, or other binding obligations will not occur until financing, permitting and construction contracts are in place. Real Estate Commission River City Company will not enter into exclusive listing agreements with licensed real estate brokers or agents. In the event a prospective purchaser chooses to use a broker or agent, it shall be the purchaser’s sole responsibility to pay any commissions or fees. Supporting Information Downtown Market Study Completed in December of 2015 by Noell Consulting Group concentrating on housing, office and retail. The report is available at: http://www.rivercitycompany.com/new/pdf/DowntownChattanoogaMarketAnalysis_FullStudy.pdf Form Based Code The City of Chattanooga adopted the new Form Based Code (FBC) in July of 2016. The full guidelines and maps are available at: http://www.cha-fbc.com/ First and Cherry Development – Request for Qualifications Page 14 Appendices: A. Geotechnical Exploration Report (excerpt pages), January, 1998 by Tri-State Testing & Drilling B. Form Based Code – Downtown Core Residential Multi-Unit (D-RM) (excerpt pages), adopted June 21, 2016 by City of Chattanooga C. The Ramble – Chattanooga Arts Promenade, Master Plan Document (excerpt pages), February, 2016 by W.M. Whitaker and Associates First and Cherry Development – Request for Qualifications Page 15 Residential Multi-Unit Zone | D-RM | DOWNTOWN CORE Sec. 38-701. D-RM: Residential Multi-Unit Zone (1) SUMMARY insert photo here insert photo here Intent Lot Types The Residential Multi-Unit (D-RM) zone is intended to accommodate a mix of higher intensity multifamily housing options in a pedestrian-friendly environment. Live/work is allowed subject to standards that limit the extent of the use. Single-unit attached see Sec. 38-697.(5) Multi-unit (up to 4 units) see Sec. 38-697.(6) Multi-unit (5+ units) see Sec. 38-697.(7) D-RM Zones Use D-RM-3, D-RM-4 Allowed Uses ADOPTED June 21, 2016 see Sec. 38-706. Article XVI. Downtown Chattanooga Form-Based Code Chattanooga, TN 4-7 DOWNTOWN CORE | D-RM | Residential Multi-Unit Zone (3) BUILDING PLACEMENT D (2) LOT PARAMETERS C A A B C re e t t St B t B St e re St e re St re e A t A Width Building Setbacks 1,350 SF min 16' min A A Street 5' min/15' max Multi-unit (up to 4 units) n/a n/a B B Street 5' min/15' max Multi-unit (5+ units) n/a n/a C Side: common lot line 0' min D Rear: common lot line 0' min A Single-unit attached Area B Specifications C 4-8 F E B Lot Building coverage 90% max Article XVI. Downtown Chattanooga Form-Based Code Chattanooga, TN Lot Frontage E A Street 80% min F B Street 70% min ADOPTED June 21, 2016 Residential Multi-Unit Zone | D-RM | DOWNTOWN CORE (4) ACCESS/PARKING LOCATION (5) HEIGHT AND MASS D E B C A A A Street: new curb-cuts allowed per lot B Street: distance between curb-cuts on same lot A Driveway width in setback t re e St Building Height None A 100' min 20' max Parking Setbacks (see Sec. 38-698.(3)B.) B A Street 30' min C B Street 30' min D Side: common lot line 0' min E Rear: common lot line 0' min ADOPTED June 21, 2016 B St B t t e re St re e t ee tr C S A A Access (see Sec. 38-698.(3)A.) B B Maximum height D-RM-3 3 stories/40' max D-RM-4 4 stories/50' max Minimum height 2 stories min Building Mass C Street-facing building length 200' max Article XVI. Downtown Chattanooga Form-Based Code Chattanooga, TN 4-9 DOWNTOWN CORE | D-RM | Residential Multi-Unit Zone (6) PUBLIC REALM The public realm standards below apply to all streets, unless noted otherwise. Transparency Setbacks A Ground story 30% min B Upper story 25% min C Blank wall length 30' max I 16" min/ 5' max Residential ground floor elevation D Live/work ground floor elevation E Ground story, floor to floor 12' min F Upper story, floor to floor 9' min 0' min/5' max Pedestrian Access G Entrance facing primary street H Entrance spacing along primary street Required 75' max Building Elements Allowed Awning/canopy Balcony 5' min/15' max Sidewalk* J Story Height D A/B Street Clear pedestrian zone A Street 10' min B Street 6' min Street Tree/Furniture Zone* K Street tree/furniture zone depth 6' min Street tree planting type A street Tree pit B street Verge/tree pit Tree spacing 30' avg. on-center *Where there is insufficient ROW to meet the minimum requirements, the Director of the Land Development Office may approve modifications (see Sec. 38-696.(4)). Forecourt Gallery Porch Stoop 4-10 Article XVI. Downtown Chattanooga Form-Based Code Chattanooga, TN ADOPTED June 21, 2016 1st Street Gallery & Walk The 1st Street Gallery and Walk takes advantage of a dramatic change in grade to frame views and create unique spaces with a new stair and terraced seating. Taking cues from a mountain stream, pedestrians will meander through the space with opportunities to sit or stroll among various works of art. This builds on the already popular outdoor art space between Walnut and Cherry Streets. There are multiple opportunities to integrate art into the infrastructure needed to create this space include in walls, stairs and stormwater conveyance. Enhancements to the Market Street intersection will allow for safer pedestrian crossing and open up views to the Aquarium Plaza, while reduced traffic lane widths will help reduce vehicular speeds coming off the Market Street Bridge. 1 2 3 4 5 6 7 8 9 Reduced Width Traffic Lanes Reconfigured Stair Access Relocated Transformer Enhanced Market Street Crossing Outdoor Dining Plaza Terraced Seating Stairway Parking Access Drive Art Wall 10 11 12 13 14 15 16 17 18 Terrace Planting Streetscape Allee Existing Plaza Existing Planting Existing Walkway Open Lawn Outdoor Linear Gallery Riverwalk Access Artwork 1 The Passage Tennessee Aquarium 99 Walnut Street 2 17 9 5 6 8 7 3 4 12 10 13 14 11 15 16 1st Street 18 6 First & Market Cherry Street Market Street 16 129 Walnut Street 0 62 25’ 50’ 100’ 63 Enhanced Market Street Crossing The crossing at 1st and Market Street will be improved to better accommodate pedestrian crossing and recognize this important intersection and “tributary.” Slight narrowing of Market Street and transition in paving will encourage vehicles to slow down as they approach the intersection. The paving will also strengthen the connection of The Ramble crossing providing for more continuity between the 1st Street Art Stair and the Tennessee Aquarium Plaza. Adjustments to traffic signaling will also allow more time for pedestrians to cross without significantly impacting traffic flow on Market Street (see appendix for detailed traffic calculations). Additionally, the traffic lane widths will be reduced coming the bridge in order to slow down vehicular traffic. 64 Terraced Seating Steps and terraces will highlight the significant slope along 1st Street. The new feature will provide visual interest while also providing for seating and planting areas. The design of terraces will recall stone outcrops in the surrounding region. This area could also provide a design and teaching opportunity by activating the space with a stormwater feature during rain events. Art Wall An art wall or other vertical element could be incorporated to take advantage of the linear space and dramatic change in grades. An art piece could incorporate the community in the creation of the work. Found or donated objects contributed by the community could incorporate the collaborative efforts of the city to transform the downtown and tackle difficult problems. 65 Outdoor Gallery and Lawn This existing space has been reconfigured with minor changes to the paving and more significant changes in vegetation. The reworked planting allow for a more cohesive space that expands views to the Hunter Museum and Aquarium and allows users to better experience the space and works of arts. DEVELOPMENT PROGRAM Market Street Development A new mixed-use building is proposed for the corner of 1st and Market, currently a parking lot. This highly visible development across the street from the Aquarium will include retail along Market Street with internal parking behind and five stories of residential units above. A drive in the back of the site will provide access to parking for both this development and an existing residential neighborhood adjacent to the site. Upper floors will enjoy great views of the Ramble and the Chattanooga riverfront. Building Use Retail Apartment Total Program Parking Provided Floor Area (SF) 1,400 -1,400 Surface 8 Units -40 40 Structure 32 DEVELOPMENT PROGRAM Cherry Street Development A luxury condominium building is proposed for this steeply sloping site. The ground floor at the corner of 1st & Cherry will provide access to retail space and the residential elevator lobby. Parking for the residential units will be in a basement level accessed from 1st Street. Four residential units are proposed for the building, one each per floor. Each unit will command sweeping views of the city skyline and Chattanooga River. A roof top terrace can either become an amenity for the units to share or a private terrace for the top floor unit. Building Use Retail Condominium Total Program Parking Provided Floor Area (SF) 4,000 -4,000 Surface -- Units -4 4 Structure 8 99 Walnut Street 99 Walnut Street Lower Level Plan 66 129 Walnut Street Upper Level Plan Cherry Street First & Market Market Street First & Market 1st Street Cherry Street Market Street 1st Street First & Market First & Market 0 30’ 60’ 129 Walnut Street 120’ Massing from W Massing from E Massing from NW Artistic residential loft (Cherry Street Development) Mixed use development (Market Street Development) Iconic, luxury condos (Cherry Street Development) 67