east liberty station: realizing the potential - City of Pittsburgh

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MAJOR TOD SITES Years 1-5 88 N Negley Ave q F E p Ellsworth Ave Maryland Ave Baum Blvd Penn Circle W k o Penn Circle S N Highland Ave m Penn Ave Penn Circle N i c h d b a Shady Ave Penn Circle E n 5 Minute Walk j Larimer Ave l Broad St g j East Liberty Blvd r MLK East Busway a b c d e f g h i j k l M n o p q R Eastside III Hotel Eastside IV Retail/Office Odeon Theater/Office/Rest. Highland / Wallace Housing YMCA Hotel East Liberty Place II Mixed-Use Bakery Square II Office Years 5-10 Penn/Center Mixed-Use Kirkwood Garage/Mixed-Use Larimer Avenue Housing Mellon’s Orchard Bakery Square II Housing Years 10+ Governor’s Hotel Mixed-Use Shady Hill Plaza Mixed-Use Penn Circle North Sites Penn Circle West Sites Penn Plaza Housing Larimer Infill Housing Fifth Ave 10 Minute Walk
THE PROPOSED TRID BOUNDARY The identified TOD principles provide a guide to key improvements that will enhance the public realm, especially in the area surrounding East Liberty station As detailed above, significant investment in site specific and district-wide public infrastructure is necessary in the effort to transform the elTRID study area into a place more conducive to TOD. These public improvements will increase the value of surrounding private properties, in part due to improved access to services and activities. Sites in close proximity to public transit investments often experience a 5-20% increase in sale prices and rents for example. Funding such extensive public infrastructure from capital budgets alone has become more and more challenging. The TRID Act details a mechanism that provides for the capture of a portion of the new value created as private property in the vicinity of transit investments appreciates over time. Within the proposed TRID Boundary, real property tax and other select tax revenues can be utilized for the purposes of implementing the improvements detailed in the planning study. Establishment of value capture areas within the boundary allows for the diversion of incremental tax revenues to finance public transportation capital improvements, site development, other public infrastructure and maintenance in accordance with the Act. Within the study area, the current 5 year development pipeline includes significant projects that will redevelop sites for a mix of new uses including residential, office, retail, hotels and a proposed movie theater. Much of this activity will focus on the core of East Liberty’s commercial corridor and the area commonly referred to as the Eastern Gateway. The proposed initial 5 year TRID Boundary focuses on facilitating these opportunities and is illustrated on the following page. Reconstruction of the East Busway station will help facilitate the next two phases of the Eastside project by Mosites. The closed former bus turnaround and transfer facility along with a surface parking lot will be redeveloped with several mixed-use office/retail structures and a hotel. Site infrastructure will transform 4 acres of disconnected property into a new ground plane to serve as a podium for high-density development. More importantly, these improvements will help physically and psychologically reconnect East Liberty to Shadyside as spatial barriers are overcome. New critical infrastructure constructed as part of the Eastern Gateway Intermodal Center will allow the project to be fully integrated with transit at this prime TOD location.
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EAST LIBERTY STATION: REALIZING THE
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Table of Contents EXECUTIVE SUMMARY
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promotion of transit oriented devel
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and improve environmental quality.
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- 163,995 SF Mixed-Use Commercial -
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capture to fund these improvements.
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13 1. TRANSIT ORIENTED DEVELOPMENT
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TOD Typologies In recent years CTOD
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4. Maximize station connectivity an
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Station Case Study: Del Mar Station
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Station Case Study: Hiawatha and La
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24 Shady Avenue East Liberty TRID S
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26 Population Density along the Eas
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28 Classifying East Liberty Station
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30 Downtown 6,675 people 48,889 job
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32 EAST LIBERTY STATION WALKING-SHE
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34 East Liberty & the TOD principle
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36 4. Maximize station connectivity
Page 38 and 39: 38 6. Manage parking effectively. T
Page 40 and 41: 40 Transportation Analysis Issues a
Page 42 and 43: EAST LIBERTY LAND USE 42 Key Commer
Page 44 and 45: Study Area City of Pittsburgh 44 To
Page 46 and 47: 46 Zoning Analysis The zoning aroun
Page 48 and 49: EAST LIBERTY 2010 COMMUNITY PLAN: D
Page 50 and 51: 50 Development Guidelines for the C
Page 52 and 53: 52 Source: ELDI 2010 East Liberty C
Page 54 and 55: 54 Around the same time as Eastside
Page 56 and 57: 56 Market Conditions Commercial: Ea
Page 58 and 59: 58 along Center Avenue dominate the
Page 60 and 61: 3. TRID RECOMMENDATIONS East Libert
Page 62 and 63: APPLYING THE TOD PRINCIPLES TO EAST
Page 64 and 65: 64 Recommended Infrastructure Impro
Page 66 and 67: 66 EAST LIBERTY STATION IMPROVEMENT
Page 69 and 70: Reconfiguring the Station for Conne
Page 71 and 72: A New Gateway to East Liberty and t
Page 73 and 74: Connecting East Liberty and Shadysi
Page 75 and 76: 75 East Liberty Station Redesign: P
Page 77 and 78: Near-term: Intersection improvement
Page 79 and 80: in diameter to accommodate forecast
Page 81 and 82: IMPLEMENTING PREVIOUSLY IDENTIFIED
Page 83 and 84: TRANSIT ORIENTED DEVELOPMENT SITE I
Page 85 and 86: Retail Office Hotel Housing Parking
Page 87: Existing Zoning and TOD While the e
Page 91 and 92: PROPOSED TRID BOUNDARY & PHASING Ye
Page 93 and 94: an extended Ellsworth Avenue corrid
Page 95 and 96: DRAFT Financing TOD Urban, mixed-us
Page 97 and 98: established mechanism of municipal
Page 99 and 100: infrastructure for Eastside III & I
Page 101 and 102: Strategy for Future Phases As revit
Page 103 and 104: would As mentioned, serve a there d
Page 105 and 106: elTRID Approval and Implementation
Page 107 and 108: Appendix I - elTRID Total Annual TR
Page 109 and 110: Appendix II - elTRID Real Property
Page 111 and 112: Appendix II - elTRID Potential TRID
Page 113 and 114: Appendix II - elTRID Potential TRID
Page 115 and 116: Appendix III - elTRID Private Devel
Page 117 and 118: Appendix III - elTRID Pledged Real
Page 119 and 120: Appendix III - elTRID TRID Fund Bal
Page 121 and 122: Appendix IV - elTRID Real Property
Page 123 and 124: Appendix IV - elTRID Potenital TRID
Page 125 and 126: Appendix IV - elTRID Potential TRID
Page 127 and 128: Appendix V - elTRID Pledged Real Pr
Page 129 and 130: Appendix V - elTRID TRID Fund Balan
Page 131 and 132: Appendix VI - elTRID Real Property
Page 133 and 134: Appendix VI - elTRID Pledged Income
Page 135 and 136: Appendix VII - elTRID FUNDING AND D
Page 137 and 138: “Construction Agreements” means
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principal invested or any penalty f
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developer shall timely honor all re
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LIABILITY OF THE COMMONWEALTH OF PE
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(b) Private developer shall abandon
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IN WITNESS WHEREOF, the parties to
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EXHIBIT B REQUISITION FORM
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