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BUILDING TACTICAL REVITALIZATION PLAN DOWNTOWN

Albany, NY - Capitalize Albany Corporation

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State Center Transit- Oriented Development<br />

Maryland Department of Transportation<br />

Anita Morrison and Abigail Ferretti worked with the Maryland Department of<br />

Transportation on a major public/private venture to replace the existing obsolete State<br />

office complex in Midtown Baltimore. Sited in a pivotal location between light rail, subway<br />

and Amtrak stations, the 1960s development separates nine neighborhoods from key<br />

transit stations; its single-purpose use leaves the area desolate after dark and on weekends.<br />

Prior to founding PES, Abigail helped to develop the initial redevelopment concept in<br />

collaboration with stakeholders and the community. She helped to draft the developer<br />

Request for Qualifications and then evaluated the development proposals, conducting the<br />

due diligence review and working with the selection committee. The public and private<br />

development partners have designed a mixed-use, mixed-income project that leverages the<br />

State’s investment in new office space so as to enliven an important part of the city,<br />

enhance the pedestrian links between adjoining neighborhoods and transit stations and<br />

encourage transit use. Included are 1.9 million square feet of State and private office space,<br />

250,000 square feet of retail space, 1,400 mixed-income rental and for-sale housing units<br />

and support parking. We represented MDOT and the State of Maryland in analyzing,<br />

revising and negotiating the project pro forma financial plan and in briefing the Governor’s<br />

and legislative staffs.<br />

Transportation Financing Strategies<br />

Maryland-National Capital Park and Planning Commission<br />

Like many jurisdictions, Prince George’s County is facing major funding shortfalls for road<br />

construction and maintenance. Traditional gas tax funding has not kept pace with the<br />

needs. The County’s Adequate Public Facilities Ordnance requires that developers improve<br />

intersections and roads impacted by new development; however, that is not sufficient to<br />

deal with the full range of impacts on the overall transportation networks. PES conducted<br />

a literature search and prepared case studies of alternative approaches to transportation<br />

finance. Among the tools evaluated were mileage-based fees, congestion pricing,<br />

assessment districts, impact fees and value capture (e.g., tax-increment financing). Case<br />

studies of financing tools used in Portland, OR; Montgomery and Howard counties, MD;<br />

Broward County, FL; and DeKalb County, GA<br />

5<br />

provided insights into the details of different<br />

funding tools and implementation approaches. PES also examined the differential impacts<br />

on County transportation maintenance costs of residential developments at varying<br />

densities.<br />

3.16<br />

Dover,<br />

Downtown<br />

Kohl & Partners<br />

Durham<br />

et al<br />

Market Assessment and Development Strategy<br />

Downtown Durham, Inc.<br />

January 11, 2013<br />

As part of a multi-disciplinary team, PES assessed market demand and development<br />

potentials in Downtown Durham, NC and helped to develop a retail strategy. The strategy<br />

built upon the growing base of quality restaurants with support for local entrepreneurs.

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