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HomeMy WebLinkAboutWS4 - 21 S Linn Presentation by Salida & IcebergDEVELOPER PRESENTATION TO FOLLOW: By: Salida & Iceberg WS4 1 r ®1 CITY OF IOWA CITY 410 East Washington Street Iowa City, Iowa 52240- 1 826 (319) 356-5000 (319) 356-5009 FAX www.icgov.org Tj Ilk ro XF t r — keep building our amazing ty one step at a time." IN - I Let's build our amazing city TOGETHER. Skydeck ICEBERG 53 Capital DEYELOPMEYT GROUP, LLC COMMUNITY -2NaQRETV S T R A T E G I E S SHIVC-FIArrERY 9 N 1-1 SHOT ARCH ITECTURE+ENGINEERINC, ARCH ITECTU RE *,WesternHome housin�� St01"Ie5P1,0- CBRE ,1"Wr communities � T® fellowship , SIMARrLIAM PUBLIC INPUT KEY TAKEAWAYS FFERENT IDEAS & PREFERENCES 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? Designed Well & Blends with Density Area3% �4% Maintain Existing Mural 7% _rii1fi1 Community Space 6% Family & Kid - Friendly 5 % Recreation Attraction 6% Restaurants, Bares Mi, o Retail & Incubator Food Trucks 6% Sy • Inclusive Urban Experience + Downtown Economy Benefit • A Mix of Market and Affordable Housing Options • High Quality Construction + Leadership in Climate Action • Increase Taxable Valuation of the F Property Active & Engaging Ground Floor Uses ISupport The Small Business Culture of Iowa City E WASHINGTON ST MICRO RETAIL 500 NSF MICRO RETAIL 500 NSF MICRO RETAIL 500 NSF MICRO RET 500 NSF GROUND FLOOR PLAN GREEN ROOM / OFFICE 2,690 NSF MEZZANINE 1,245 NSF STAIR I STORIES PROJECT 4,000 NSF SHARED THIRD SPACE BAR/CAFE/CO-WORK 7,500 NSF SECOND FLOOR PLAN W STORIES PROJECT a a GREEN RM BACK STAGE STAGE ; TERRACE ---------- BI-FOLD MEZZ DOOR VENUE PARKING COURTYARD a - I 'ik t3 I AV "� ► • w M� _ — r 4 �. i, - MA Goal: Active & Engaging Ground Floor Uses • Exterior Courtyard celebrates Iowa City's existing building character and Mural • Billy's — 2 Story Activated Community Living Room with Community Theatre for events/ open to the courtyard and street beyond • Mass Timber Structure gives a warm, natural feeling to the interior spaces visible from the outside. C' 711 0I I. I'AU 4l Goal: Active & Engaging Ground Floor Spaces Multiple opens to Linn and Washington connect the interior to the Interior spaces blur together to encourage interaction and between each tenant and visitor The openness welcomes residents, families, and visitors into the space with operating hours day and night ImA III+ II � � ■■ ��' 1�I r= '- 4. RETAIL 94©` r^'I ■� . -®- � e r . ♦ r: I�N Goal: Support the Small Business Culture of Iowa City Right ized Retail Spaces activate Linn Street and provide new business opportunities downtown _ • Multi -User Alle encourages interaction with the Art Alley and business entrances. 3 ..W " a � I • Shared trash strategy places dumpsters within the building enclosure maintaining a clean and welcoming experience Contextual Architecture & Urban Scale 'rvw 66 • 1. l` CAjY W • 1, h b �f (7f ° �� M �M y`, p O .. ~ Ak ° cl t ■ t t -•--;---�---•• E . WASH f NGTON t , a r ln! ftit N CJTY f1L L �J t t ! • PRUZ H£4£N 8[OG A--� • as �% .islb �cA.3 N'O ;, .'] ij V'4A01, 12Nr ° q, 3 74 0 �RJ;reCs � v t� LfKG4£RT H e [ TNfAiRf y t �:+ i r7�1�i'/NG • !/merit / r/� ° t•CWrJ�Ie ECrRr<: 'ro q Fl r 65 ((( �+ Tip/w rt •'esa,n� r =d "ff— DIVERSE AFFORDABLE + ATTAINABLE HOUSING COMMUNITY GATHERING + EDUCATION + ENTERTAINMENT VIBRANT GROUND PLANE ENTRY/INTER EST/ACTI VAT I O N URBAN MARKER WAYFINDING + GATEWAY 2 SroRY I MICRO -RETAIL + ART ALLEY ACTIVATION 11 1 Contextual Architecture + Urban Design 1 00 loll II KANII I, Mt t iO®E�' p � 9 I � '_ ■_1 y \7 arr�n■ A V" Contextual Architecture + Urban Design Community Living Room/ Community Performance Venue/ Micro Retail • Community 3rd Space/ Stories Entrance/Performance Back of House • Community Living Room/ Community Performance Venue/ Micro Retail • Stories Project • Community 3rd Space/ Stories Entrance/Performance Back of House • Community Living Room/ Community Performance Venue/ Micro Retail �Tr,T rK�nT1 • ACT Office Space • Stories Project • Community 3rd Space/ Stories Entrance/Performance Back of House • Community Living Room/ Community Performance Venue/ Micro Retail rK�nTi' A Mix of Market and Affordable Housing Options 9-m. A Mix of Affordable Housing Options r • Affordable Housing 55+ - 33 units* • Studio Lofts— 16 units housingA fellowship * managed by the Housing Fellowship rA, js�, I I., • Affordable Housing — 12 units* • Affordable Housing 55+ - 33 units* • Studio Lofts— 16 units housingA fellowship * managed by the Housing Fellowship A Mix of Affordable Housing Options '.­, �,. 00 r %%I ` p, ! �Y I L A Mix of Affordable Housing Options IIJill II II i'W J, A Mix of Affordable Housing Options IIJill II II i'W J, Downtown Economic Impact • 640 r • 1 T ' i� ACT Corporate Office space —bringing office workers back downtown to support our local businesses Englert Theatre — Business plan that supports additional community programming and adds benefit to downtown restaurants and businesses Stories Project — Is projected to generate $20+ million annually in local economic impact from outside visitors. Housing —A mix of 91 residential units within Iowa City's Downtown District creates a more densely populated downtown district benefiting businesses ENGLERT Stories Project AST 0 ,4*� WesternHome communities housingO fellowship High Quality Construction + Leadership in Climate Action 0: INNIM J • Mass Timber structured buildings have become icons for sustainability. This will be the tallest in Iowa and one of top 10 nationwide exhibiting Iowa City's Leadership in Climate Action. • Mass Timber is safe and takes less time and energy to manufacture and construct reducing this projects carbon footprint and easing downtown congestion during construction. It only adds 1.4% to the overall building cost. SMARTLAM I RORT" AMERICAI Working together with local contractors, the project will be designed to achieve LEED Silver or better Sustainability Considerations • Reuse of an Urban Site • Ev Charging • Micromobility Infrastructure • Minimize Heat Island Effect • Green Roofs/Vegetated Roofs • Minimize Light Pollution • Bird Proofing • Low Flow Plumbing • Roof Top Photovoltaics • ALL Electric/efficient building systems • Source natural & Local materials • Utilize Low Carbon Materials • Spec Low VOC Materials • Daylighting • Sensory Elements • Increase Access to Healthy food & services • Design with Future Flexibility in Mind Construction Amount $41,700,000 Proposed Land Purchase = $2M Total Project Cost = $4795009000 TIF Request: approximately $9M over 15 years (60% of TIF) Long Term Tax Benefit: $25M-$30M • Activated Authentic Urban Experience with 18+ hours of daily operation • Provide Space for new business and activity opportunities • Provide 47 affordable units + 30 market units + 16 artist lofts = 93 new units downtown • A building recognized for Iowa City's Commitment to Sustainability 21 S Linn Street Mixed -Use Development March 11, 2025 04�j -- -All, , GRAND RAIL ffll�]M ,�=�,�T..!�TURBAN ACRES . ............■... ". ARCHITECTS Team Organization Grand Rail Development +r CITY OF IOWA Cm VNE$W Q" OF UTSRATURE Venture One LLC Urban Acres Real Estate r— — — — — -- Jake Evans — — — — � Kenzie Evans Mike Bails, Owneri Customer ReLations REALTOR", Municipal Senior Project Manger & i Coordinator& Project Liaison Venture One i f Chief FinanciaL Officer lr Liaison Partner Venture One Partner L_ L---------------J Caleb Walton n .. Project Manager OPN Architects Toby Olsen AIA, NCARB, ALA Principal -in -Charge Zack Writer AIA Architect r Sophie Dont i i9-- AIA iArchitect L-------- - ' R J l 71w Bails Twn URBAN ACRES Axiom Consultants Rob Decker, MSE, CDT, CPG Kevin McLaughlin, Engineering Project Manager PE Electrical Lead James Klncade, PE Civil lead Justine Siglin, PE Structural Lead Joe niL PE MechahanicalalLead Staff Ur bon Acres Staff f k 'AL Opnr StalT Gram Rdi Development Staff .-. Axiom Staff 90* E m p loees in Eastern Iowa 65* From Eastern Iowa 20* Current Iowa City residents N �4 CORALVILL x IOWA CRY i SOLON • II e are the right local team. ■ Team Tenant Subcontractor I Supplier Inspired by Iowa City The location of the original city hall, on a prominent corner of downtown, is surrounded by buildings of civic success and importance. We believe any proposal for the site should aspire to those ideals. A city for the arts Work at the heart of downtown f" Accessible & affordable housing Sustainable & resilient WelLness Durable Materials and Construction That We Heard Climate Action Plan 1.3 Increase Energy Efficiency in New Buildings Request for Proposals Compact and Contiguous Development Foster a sustainable and authentic urban 5.2 Expand Comm2,4 Increase unity Gardens and Access to Healthy center Local Foods Contextual architecture recognizing Public Input Survey adjacent properties The most common suggestions included: green space or gardens, Mix of affordable and market -rate residential affordable housing, protection of existing mural, restaurants / bars l coffee shops, music or arts entertainment venue, design blends with High -quality construction surrounding area The most common uses that respondents wanted to avoid in order cf Increase the number and diversity of frequency: harIvape shop / liquor, housing esp. luxury, high rise people working, living in and visiting building, parking downtown Provide along -term fiscal benefit to the city Downtown and Riverfront Crossings Masterplan. site type DT Active uses on the street frontage, upper floors should contain office, commercial and residential uses City Strategic Plan Reinforce Iowa City as a premier community Buildings should be built to the property line to locate and grow a business The taller buildings on the corners should have a lower base Build community by fostering social consistent with adjacent historic buildings to make them fee connections contextual with the rest of downtown Well -Considered Site Downtown and Riverfront Crossings Masterplan • 4 story base • 5-9 story total • 56,950+ total area DT-3: Strategic In fill ors Lir?n Street Our Proposal for 21 S Linn St • 3-story base • 6-8 story total • 76,500+ total area Aerial of proposed building M Ap b Is L OP +k _ Tj .3.. F Cy DO IL ' 77��.. What if? Imagine your Comer PV I Flexible & Customizable Linn St Elevation oil 0 I 17: a Washington St Elevation III Illl�lir� Flexible & Customizable BASE PROPOSAL: AMENITY HOUSING HOUSING OFFICE & AMENITY OFFICE OFFICE ENTERTAINMENT VENUE PARKING LP L6 -- 52-6' L5 -- AO Cr Ld -- 27 r L3 L2 -- E L1 LB Flexible & Customizable POSSIBILITY is AMENITY HOUSING HOUSING CITY CULTURAL CITY CULTURAL CULTURAL & AMENITY OFFICE OFFICE ENTERTAINMENT VENUE PARKING - - 97-6" LR -- x5-0" U -- ss'-9" L6 L5 Ld zT � s L3 15-ow 10 L2 Li LB Flexible & Customizable POSSIBILITY 2: 1 AMENITY HOUSING HOUSING HOUSING CULTURAL CULTURAL & AMENITY OFFICE OFFICE ENTERTAINMENT VENUE PARKING L7: RE9IGEMTYLL Lh RMMENTWL FDOF rAF EN 4 La; AWDEmPAL LT: RE9IDENT LL LA: RESIPEMTYLL LR-GT,J E9 PROJECT TERRACE MUM i STORIES PRMEM U:ACT M AO' LI: rryGLCRT YERU! ., LB: PARKM LR L8 }9 I U L6 -- -- 5z-v L5 iff 4Cr-C Ld U s }, Y pr L2 STREETSC✓K Li TYY! LB 1 -Naar Activity LL PARKING LZ-L3 OFFICE L4 OFFICE & AMENITY EXISTING TRAMFO=AEP+ UNDERGROUND PAMUNG ENTRY r*noBER+�CE� LEVEL 1 -OPTION 1 s8-HOUR EVENT VENUE CAFE WITH OUTDOOR PATIO UNDERGROuNrD PIRMG ENTRY ERISMG TRAN5F0R%lEPz FF LEVEL 1 -OPTION z CULTURAL MUSEUM SPACE MICRO -RETAIL A Vertical Community G .0 W - - - LR AMENITY L§-L6 HOUSING IY ' A Solid Financial Plan Fi.noncially Vioble Local Financing Not subject to external financing incentives • Ready to Work on Day i • Potential to Recoup full $4.5 Million a Ability to Adapt to Market Conditions Ll URBAN ACRES GRAND RAIL [a►��1re1,f► a rfsirirrrr►, rkq ARCHITECTS Axiom CoNSIJLTANT 5 A PJEKEkr & M1It_KE L'L]`.1HAUI' ff HILLS BANK A Shared Investment in Downtown Iowa City and beyond • Return on Investment • Affordable Housing • Senior Housing • City Offices • ACT Englert Stories Project ,,,iiiie,111T:- IOWA Stories Project i � 1 - Ab CITE' OF IOWA CITY VINILK0 CITY OF LITERATURt ENGLERT • reirmE= . MERm. rT-1 Floor Plans i i 4.h�.r tlf rill[ WJ1LM' , t � r '4 l�Y111 1 F19f.,R WAq.d LL I PARKING L4 I OFFICE & AMENITY GSML L,COEMLVL 1RYtSrt.i�YR1 F/lYl4 GNTY � r i i i ]rlLC � x `yravq �.y. tl,Rl w� i CtiLlLkT 4LW! i 1}•Ag � i ■ ■ 5s��frj� � 1pp}r �14 Li 1 VENUE + CAFE nn.�m aar. zoo- u! fR m ■r r�r-, m • oc. w s il! P M-1�•GQI «, R ■Rr•xao iar•xm ac vru L5 I HOUSING n" n `ax■"cRa j 9!I! R u� n L2 I OFFICE L6 I HOUSING L3 1 OFFICE 0 .D p o 0 a a l3� l cm en IJ RW. GfSllf 0 0 0 Q Q o a o LR I AMENIT%- Elevations ::_p:_-■ rt r WASHINGTON ST (SOUTH) LINKS (EAST) - aaE aaa� aaa� WEST ELEVATION ALLEY (NORTH) 1141511 wool 1 1101111 1i1 I@-@- 1 #a 1 mil 1`il 1 111� 111 1c. I IYIi�.Nli�ll Illlill Illllr� Illllr. 111■■. !I I� mm �lu oil L: ■� E: PRESENTATION CONCLUDED CITY OF IOWA CITY 410 East Washington Street Iowa City, Iowa 52240- 1 826 (319) 356-5000 (319) 356-5009 FAX www.icgov.org