Loading...
HomeMy WebLinkAboutWS 1 - 21 S Linn St Item: WS.1 STAFF PRESENTATION TO FOLLOW : T CITY OF IOWA CITY 410 East Washington Street Iowa City, Iowa 52240- 1826 (319) 3S6-5000 (319) 356-5009 FAX www.icgov.org 21 S . LINN ST PUBLIC INPUT SUMMARY JUNE 4 , 2024 1 � 1 cmp PROJECT REVIEW PUBLIC PUBLIC INPUT RECOMMENDED OVERVIEW INPUT PHASE RESULTS NEXT STEPS �F r _ � t } 21 Linn lo�ra City 21 S . LINN STREET ■ FUTURE OF 21 S . LINN ST. = tww6 wre Near-Term: Construction l_ staging _ •O 2 212 in 217216 223 ' 345 �� 2 for Dubuque St. — - Q a 41,7 211 213 zea z n a Reconstruction & o 6 221 6 9 Senior Center Exterior ; p16' 215 14 11 L Y '12' Improvement Projects # • _ a 13 p c to help mitigate 0 y traffic/parking impacts _ N 21 - p d . � Se®� 32° Long Term: _ s � M _� z1a els xis 2221 Future Mixed-Use Redevelopment TBD Dec. 12, 2023 J COMPLETE OVERVIEW OF Review previous public/private • redevelopment processes PROCESS : February - May 2024 ./ COMPLETE SELECTION OF Public engagement planning & execution PREFERRED PROPOSAL June - August 2024 June 41h: Review public input Staff to develop Request for Proposals (RFP) for City Council review and approval September - October 2024 Issue approved RFP TBD: Review RFP responses + additional public input on finalist proposals PUBLIC INPUT SUMMARY 21 S. LINN STREET 6 21 S LINN ST : PROCESS OBJECTIVES 8 I 0 0 ESTABLISH A INCORPORATE OBTAIN A TRANSPARENT, MEANINGFUL PUBLIC - PRIVATE PREDICTABLE STAKEHOLDER & PARTNERSHIP PROCESS PUBLIC INCORPORATING INVOLVEMENT SIGNIFICANT THROUGHOUT THE PUBLIC PROCESS BENEFITS 21 S LINN ST. PROPOSAL SELECTION PROCESS Targeted Public Targeted Public Input Period Input Period in I N 16,L 2024: June -Aug 4: Beginning 202 Responses Down Phase Pr Draft RFP F RFP Finalists Orr 'AA — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — —I Input to City Council and staff is welcome through standard public comment options 21 S LINN ST : PUBLIC INPUT OPPORTUNITIES Targeted Timeline Feb - June 2024 Public Engagement Planning & Execution 1 . Staff develop public engagement plan for City Council approval 2. Execute public engagement plan with public/stakeholders 3. Present public engagement/input results to City Council June - Aug 2024 RFP Development 1 . Staff + City Council develop high-level goals and review process in public Work Session 2. Staff draft RFP based on City Council direction 3. RFP finalized and approved by City Council in public Work Session Sept - Oct 2024 Determine RFP Review Process + Issue RFP 1 . Issue RFP (anticipate 4S-60 days for response) TBD RFP Review based on previously established process Additional Public Input will be solicited on finalist proposals 21 S LINN ST PUBLIC INPUT : OUR TWO - PRONGED APPROACH • City's goal/intent behind the project Educate * Existing plans & priorities FPublic Input Objectives: • Importance of property tax revenue generation at the site orm City Council RFP Goal-Setting Process • Downtown "User Experience" 2. Influence developer Collect • Desires for the redevelopment project proposal responses 21 S . LINN ST : PUBLIC INPUT STRATEGY • Public input collected from March 27 - May 1 , 2024 through various methods • Public input options were promoted via : a • City news release • City social media platforms Requested • Cable TV programs & Weekly Update • Flyers on all City buses What�°'°YOU"""°"`,°°°°` "„"o°`µ'tt"o„ • Flyers disseminated through partners • (Downtown District/ South of 6/ Greater IC/ %and °� " ". 'L Q N^Mry.4X1,5 nYO E.WarTmSnM w.cmaNKuvNy lo..cm.Nsvu gtyMYlnniurvry INeatiK llm^N —` Think Iowa City) -� -ryn - �'���: NrtmaNXtlye �aN,N. NMmnomcme • Office of Human Right's outreach list > .m1X ,o(tI°°1S.ow rym kpw.«yxisum • University of Iowa media office & USG 21 S . LINN ST : PUBLIC INPUT PARTICIPATION • Public input collected from March 27 - May 1 , 2024 • Public Input options & participation : • Online Survey (EN, ES, FR, AR, ZH): 1,482 participants/5, 928 responses • Open House #1 : April 15th Q Iowa City Public Library - 20 people • Open House #2: April 23rd Q Pheasant Ridge Neighborhood Center - 5 people • Hello Lamp Post (on-site text messages): 296 users / 770 user messages • E-mails: 10 • Written/Mailed Letters: 2 21 S . LINN ST : PUBLIC INPUT QUESTIONS • Q1 : Do you visit Downtown Iowa City? Why or why not? • Q2: What is "missing" downtown that would encourage you to come more often or stay longer? • Q3: When you come downtown, how do you spend your time or where do you like to go? • Q4: Please share any thoughts or desires you have for future development at 21 S. Linn St. Q1 : DO YOU VISIT DOWNTOWN IOWA CITY ? Recreation & Education WHY OR WHY NOT ? Socializing 9% PV PPPPP Notable insights: L Restaurants, • 66 respondents specifically mentioned Bars &Cafes supporting small/local business • 119 mentioned the value of walkability downtown • Age diversity was apparent through responses, ranging from students to Work families with children to seniors 10% Shop • Those who answered "no" cited: parking L L Arts,Culture, 23% challenges, too student-oriented, not Entertainment safe/clean, no attractive shops, too much alcohol/tobacco, and too crowded. 21 S. LINN ST. 14 Q2 : WHAT IS MISSING DOWNTOWN THAT WOULD ENCOURAGE YOU TO COME MORE OFTEN OR STAY LONGER ? Housing Arts Use 4% 4% Common themes: Music & Performance Places that are open late and on Venues 6% • weekends, but are not alcohol-centered Parks, Options for Green • More free/inexpensive activities Families & Space & • Less student-focused options Children 7% G22�ns • Public seating • Greenery • Expanded bike, ped, and bus facilities • Safety and cleanliness • Art and culture Recreation « Entertainmen 10% 21 S. LINN ST. Designed Well&Blends with Density Area 3% 4% Maintain Existing Mural 7% Park,Garden& Green Space Community Space 20% 6% 04 : GENERAL Music/Performance THOUGHTS ORMixed-UseVenue DESIRES FOR 21 % Family& Kid- S . L I N N ST . Friendly 5% REDEVELOPMENT Recreation Attraction 6% Res taurants,Bars Micro-Retail& Incubator Food Trucks 6% 5% 21 S. LINN ST. 16 PUBLIC INPUT KEY TAKEAWAYS STRONG ALIGNMENT WI CITY Of IOWA CITY Strategic Values & 1986 STRATEGIC PLAN Community Impact 1.0 WELCOME Values INCLUSIVE URBAN RACIAL EQUITY, Ns: EXPERIENCE SOCIAL JUSTICE, 2.0 SHAPE ..a HUMAN RIGHTS CLIMATE ACTION ECONOMIC COMPETITIVENESS ® PARTNERSHIPS•w AND PLACEMAKINC ENGAGEMENT 3.0 DRAW FOSTER AUTHENTICITY AND ATTRACT "FEET-IN-THE-STREET" Impact PUBLIC INPUT KEY TAKEAWAYS MANY DI FERENT I & PREFERENC • Inviting to the public: inclusive, welcoming to the public, appeals to a wide variety of ages, increases options for spending time downtown • Space for new opportunities: many existing strengths, but opportunity for new & unique experiences to fill the "gaps" • Small business / retail • Dining, entertainment, and other experiences that aren't alcohol-centric • Housing options that diversify who lives downtown • Authentic Urban Experience: Mix downtown character + modern amenities - economic viability, walkability, safety, and engaging street- level design . • Other Geographic Assets: Parking, Library, Senior Center, Englert, etc. How to leverage these valued assets with the new development? NEXT PHASE : PREPARE RFP 21 S. LINN STREET 19 21 S LINN ST : RECOMMENDED PROCESS Targeted Timeline Feb - June 2024 Public Engagement Planning & Execution - ✓ COMPLETE 1 . Staff develop public engagement plan for City Council approval 2. Execute public engagement plan with public/stakeholders 3. Present public engagement/input results to City Council June - Aug 2024 RFP Development 1 . Staff draft RFP based on City Council direction 2. Staff and Council Economic Dev. Committee review of 2017 TIF policy 3. RFP finalized and approved by City Council in public Work Session Sept - Oct 2024 Issue RFP 1 . Issue RFP (anticipate 45-60 days for response) Nov 2024 - Winter RFP Review based on previously established process of 2025 Additional Public Input will be solicited on finalist proposals WHAT ' S IN THE RFP ? Project Description ll Nquu 31.M12 CMOF lows CM .Tru~:•......> . Potential Sources of Request for Proposal:Private Developer for the a sd. `• College St/Gilbert St Northeast Comer Siteiaa rn. Assistance/Gap PLEASE TL[E NOTE:This document wmENMz a Re0rmit M Proposal,and is not a red.Ior profezzional services.This Request Ior Proposal is nor a rtpwst for a hid er Financing wnsonWon conVacl,bud a is sugect to Iowa Cock,section 403.6 rtb1M t0 transfer o1 real propnty.Ywwvx,..,acceptance of a prowsal may rat.in a tinting contra. Project Goals Oetween tlr City and Me proposer,wnSn,ent upon certain keis adw acts of Me City Cornal Matadi to f—atien of an UNan Renewal Med,sah Of IaM,ant>l>peval OI a Development A,nnenem- francs to prwderns One Wned orrpnul and rtn zpres Of aaa M pnpouls and Le reMved at due City Cler's oUce at Nand City City He. Rddeas Proposals to Orty Ckrs.CM HM1.410 Proposal East wasn n,,de Soeee Iowa Crty.lona 52240.on or Dre th etoe Ime and data spec(N laebw. al proposals yu11 M enclosed!in a seake envekpe ant m..m von culnde n MId letlxs: aemDevek per Proposal for any C.'"ColSt,Gilhert St RartMazt Comer Site.Famed Submittal ant arkd poposah ntll rot Ee xce0'M Community P .ataD eldp Prowd>1 th Requirements College St,G.Oart 51 ROMeasI Comes a. Background Info Proposals We:500 pan on SeptemMr 28,M12 Prewsah must be made m Ree City reaardnp a proponed development on sae gapeNy.mons specrfidaily dezenCM neren.Tta Qry mtaa z one rgnuo rtect prorosals as nonrezronvve,to ask M ds`-Tem,to an.unto rrepaLap m druusz-at scope of. P.ure ant finuo va a onadud, Mdsmd`ce a a omwsai does not conso"s approval ton wns�NtYgn purpeus. mer rcnnal Adm n-ta-w and le,.Ma0an mocedrres and actwns may tae raeuered i.vOnE but ma m lined To reaonrm g, epeM1y saleapt—al of firema g,ane pan and eu,W.W Permrt appoial. Application oN«erorm ehm,le a e:enke Na email ro: John yaw,TranspM>um PWrgm r IeOD>Ms .Dr review & scoring CM cf Iwo Cety.Iwo Plannvg S Cwnmunity Development Zoning Parameters 410 East W>anug>n S0»t Coy W1w>C.,loon. lova Cny.bona 52240 410 East Washrrytm Street criteria 310.350.5252 idea Cry.lona 52240 john-vaoo'dionend 310.350.5232 enmmerontsnwnd RFP EXAMPLE : PROJECT GOALS 14 . Owls for dila Project include: AA''W DowntownUrban Facility •y 1. An urban bantling generalry mrristent with the goals at the Downtown&Rwerfmnt C The Project is envisioned as a building which takes advantage of the dose proximity to Crossings Master Plan, which cull an urban, walkable ranghborhood and Downtown Iowa City and the adjacent Chauncey Swan parking facility. An urban-scale high quality architectural and site design. The Downtown&Riverfront Crossings bulking which can add to the mixed-use nature of the immediate area is encouraged. Hr Master Plan can be found via this link_ hilaaAvww icgovor(Mverhaacrossinps. M Proposals to this RFP should describe how they are meebng one or more of these 2. A variety of uses will be considered for the Project,including hotel,residential,office s Project goals. General Project goals include: and l or retail_ VA� . An urban building, with commercial uses on the first Mor. Upper floors may be 3. An active first floor homage to a depth of at least 30 feet is required Parking is not 0 commercial,office,hotel,res dentia)or a combination of usesl allowed vdthin the first 30 feet of lot depth along both street frontages_ s` • Provision of Class A office space is encouraged for one or more floors. Office space le-r may be contemplated for public as well as private tenants. Developers of office 4. An energy efficient building widr notable sustainability features such as geothermal space are encouraged to explore potenbal office user options. heating/cooling,use of solar(passive and/or photovoltaic),and/or other innovative features • As a comer lot on a highly visible, prominent propeM, quality of architecture is encouraged. 5. A minimum or 20,000 sqflof office space oriented foward applied research, • Other unique uses for Ute Project will be considered. business acceleoatorfncubabon type uses. The relationship this space would have with the City of Iowa City, the University of Iowa, and the Iowa City Area • If residential uses are proposeda mix of efficiencies, one-bedroom and two Development group would be subject to negotiation. bedroom units a encouraged. 6. If readerrial uses are proposed, units oriented to permanent residents are • If residential uses are proposed, workforce housing is encouraged at least for a encouraged. Units which are designed and marketed to households dealing to live portion of the Project. Workforce Musing is defined as rental or owner-0ccupied in a high quality/high amenity urban building are encouragedunits affordable to,and designed for working households between 60%and 150%of the Area Median Income. The Area Median Income effective as of February 2012 is: 7. If residential uses are proposed, a mix of upas affordable to Workforce housing • Household of 1:$56,300 households (affordable to households earning between 80%and 120% of Area Median Income)is encouraged If workforce housing units are proposed, the Cay • Household of 2.$64,300 will require a negotiated percentage of the units be sdtl or rented to households earning between 80%and 120%of AMI at the fime of sale or rental. 6 If residential uses are proposed,the City encourages that a percentage of residental units be affordable to households earning less than 60%of AMI. It is anticipated that tnese'affordable'Musing units would be rental_ RFP EXAMPLE : SOURCES OF FINANCIAL ASSISTANCE .$A SECTION d: POTENTIAL PUBLIC FINANCIAL ASSISTANCE AND THE Potential Sources of CM Assistance E DEVELOPMENTAGREEMENT V = The City may contemplate providing the following financial assistance for an identified 41 Iowa City's goal is to enter into a property transaction and Development Agreement with gap in Project financing: a Development team that will commit to constructing an urban building. The City is S seeking development proposals for the Project that maximize private debt and equity M • The City expects to establish an Urban Renewal Area including this property by financing,and leverage to the greatest degree possible non-City sources. t November. 2012. This will allow partial Tax Increment Financing (TIF)for the Incentives ardlor financial participation potentially available from the City are not U Project. The City will take the lead in amending the Urban Renewal Area to intended to replace financing from other private and public sources. Rather,they are d include this project once project details (size, proposed use) are identified with intended to be flexible resources that may be able to assist in bridging funding gaps that S the selected development team. TIF incentives may be proposed to be used for may be created or compounded by current market conditions or by the Difficult nature of gap financing related to site development costs or post-development property tax infill projects on previously developed sites, as opposed to greenfield sites. The infill burdens. TIF incentives are subject to (1) establishment of an urban renewal nature of this project is mitigated by the City having assembled the property. area. and (2)the approval of a Development Agreement with the terms of any If financial assistance is requested, the City will work with the selected developer to incentives, after the required legislative process (published notice and public analyze all details about the proposed Project financial pro forma and other factors. hearing). Ultimately, any TIF incentives will need to be approved by the City Potential financial assistance will be based on the project meeting the City's goals for Council fallowing the required legislative process. the property, and the nature and extent of the fimnang gap identified between the . The sale of the City-owned portion of the Project site to the developer may project costs and the available debt and equity to cover those costs. In their proposals, development teams should make a reasonable estimate of the need for financial he negotiated on terms responsive to the Project's gap financing feeds (and in assistance, based on project costs,a preliminary pro forma and estimated debt and accordance with state and local law). equity Sources. A link to Iowa City's Economic Development Process and Policies is . The City's Community Development Block Grant and HOME funds are a here:Economic Development Policies It should be noted that for any request involving potential source of down payment assistance for qualified households purchasing Tax Increment Financing (TIF), a rebate structure is strongly preferred to upfront residential condominiums and of gap financing assistance for office and Tending. commercial leaseholders creating or retaining jobs where at least 51%of Mose jobs are available to low and moderate income persons. www.icQov.orQ/affordableho,usmq . The provision of a lead City staff contact for the Project to facilitate and expedite communications and necessary approvals across City Departments, including Parking,Planning and Zoning,Public Safety,Housing,etc. • Assistance with citizen outreach and public meetings as necessary. RFP EXAMPLE : REVIEW & EVALUATION CRITERIA SECTION):AlsaU"TIONRE VVANDSC0PoN0 Section 9: Evaluation Criteria ey AppMSms.dl ee rtveweo anb s<wedbyamm1..sv1&c'son Te ao members of de CM counpiThn immi¢ee may insist b mate orN A City review committee will evaluate each Dropos3l individually and in the context of all . opaposers Ixesmuebns a mer povesaa Th..0..1 mate a.eammmaxmm that other proposals. Proposals must be fully responsive to the requirements described in city cc'm°l on a Praensto den',iiiw may mate a recamNvwnon oar a lata a Section 7. and to any subsequent requests for clarification or additional infonnabon sadKmb.am« o bymev t ir<ao.npwao wezmrTmsaake A made b the Ci Proposals must coin with and are subject to all provisions o1 Dmwva Y mere n a i Caenee pens.bin ro of comnaee may mate a Y City DIY I recpn.nmmoon wman wd.<peKmxom.bur ppppseK shwbm weprea find applicable federal, state. and local laws on urban renewal development. zoning and suds prtsenuba a neo-omposal building regulabons. Proposals failing to comply with the submission requirements or Pmposab.a be sowed and rtvewed acardN to me faros,on. those unresponsive to any pan of this solicitation may be disqualified. The City may.at 1. Cmpiuna rM wamnai reprirtmnrK. SpwssL4 posts. 4s We drstfetion, elect to waive regtlllsments eller for all proposals or for a specific Z oerelopernptatat dna papauines. 2JwuNepmfs. proposal. a. ooauryapmwsa' b, coneosaon arra e.aarra of devnammt teai prM.tay eapeaae mm The criteria against which each proposal vrill be considered may include the following. ...aoiei as well as other factors considered by the City as appropriate: a, opanaabm and mTaemNnt apoam to me Prpiea e. Referemes.ncli Merena tai me Gnaw .nalsisby t Inp4rrrenraon aably. cannon.. ai a me daetow m r fit t. Compliance with Submittal Requirements.as specified above. `ompiea detNopnent prgeas 2. Developer experience and c3p3bdihes. i Yalet arra ecwwmbriabary dine aoiea 35possbkpoesto a. Erbmaorme r..Toa smnpm Dime xseba. 3. An assessment of how the project furthers Iowa Citys economic devebpment Is Esbmre a dtrnoiai a ay naesmxnt in me Pmfect and Downtown Iowa City 0031S. e. LWetinp*Pi a, etyma of mileso- anoi nsmrtom am m.esors 4. Market and economic viability of the proposal. e. Lents tum pNSpe S'R w sess ar1.'w anionts b c nnaoai Taw aii ywpy S. Long-term fiscal benefit to the City. !. RNUGArtyI 6. Compliance with all applicable g p. PMimvsan S. Nei me Prgect fullers bwa Cit,....c Oerebpment and Rnerhoa P IOP cable federal, state and local laws. rules. regulations. fcrpap 5m Crosson it is. 25pxs44wns and policies. A Lap Kim Rs a.Ability 0prKt<r 0 burr peop4 to dr R.senvit Cnosson,D:sina a.Ai of trial m add to Rivearwa Cmss.ps seen lm ands tv ty Once the selection review Committee has determined it is at an appropriate stage in as Is Tnem"w«t A. �wrs�,p.rpwsisl, u.Pro caw nwa y apm,n„es'w a evaluation of proposals.finalist developers may be invited to make oral presentations to < Any.rtwn vai a rcpme ie.6 the committee. Finalist developers may be asked to make presentations at 3 public suss f amitya>Wsl, meed of the C Council. The Ci reserves the night to accept 3ndlor reject a. Empoyme LevN aerrpy a*oency aN s�su:nabhry!eaurts rig mr City 9 le e. ANry of d 6. Compliance with appiiode suit.4aeN and Iwai laws.ru4s.Kpuiabons proposals vnNout oral presentations. u'i all wises,aiWmp me Dwntown 6 RrveNront Crossmes Rastas Plan Asxssmewhisks and furmeased<ode wollons:and ni other ta<tas teemed ro a The City well nobly proposers of the acceptance and/or rejection of proposals upon the in me beta monist a me cry 5 i sai ponds conclusion of the evaluation process. 21 S LINN ST : RECD RFP GOAL = SETTING PROCESS Work Session objectives: Establish Project Goals: Discuss Public Financial Establish Evaluation CriteriaAssistance • ptions & Review Process • Review section from • High-level review of site • Review section from Chauncey & RISE RFP as an value & financial demands Chauncey & RISE RFP as an example • Review existing Economic example • Determine 5-7 specific Development & Gap • Determine evaluation project priorities, using Financing policies criteria for inclusion in the public input and existing . Update TIF policy? RFP plans to guide discussion. • Review existing • Determine a broad review May include use types Federal/State incentives process (understanding it desired, design elements, . Discuss and determine may change depending or specific housing income potential sources for City upon proposal responses) limits. Assistance LEVEL OF DETAIL TO EXPECT RFP Response As the field of developer candidates narrows, Finalist proposals will become more detailed and refined Development Agreement QUEST IONS 9m • CITY COUNCIL FEEDBACK ON STAFF TO PREPARE DRAFT RFP WITH COUNCIL APPROVAL, PUBLIC INPUT & DRAFT RFP FOR COUNCIL REVIEW & FINALIZE AND ISSUE RFP APPROVAL STAFF PRESENTATION CONCLUDED CITY OF IOWA CITY 410 East Washington Street Iowa City, Iowa 52240-1826 (3 19) 356-5000 (319) 356-5009 FAX www.icgov.org