2006-12-05 2-B Power PointDecember 5, 2006
Catellus
Alameda Landing
Introduction
Introduction to the Planning Process
Disposition & Development Agreement
The Master Plan
Joint Public Hearing
Power Point Presentation
At the 12 -5 -06 Joint Meeting
Re: Agenda Item #2 -B
Site Context
2000 Approved Plan
485 Single family Residential Units
101 Affordable Units
7 -acre K -8 School
4 -acre Community Park
9.2 acres of Waterfront Park
1.3 million square feet of Office and
R &D development
Master Plan adopted in 2000
2
CIC /City Actions
• Final Supplemental EIR & Findings
• General Plan Amendment
• Master Plan Amendment
• Third Amendment to the Bayport Development Agreement
• New Commercial Development Agreement for Alameda Landing
• New Residential Development Agreement for Alameda Landing
• Fifth Amendment to Bayport DDA
• New DDA for Alameda Landing
Why Change the Development Plan?
Create a mixed -use development
Maximize waterfront to create a special place
Lack of demand for office
Strong local demand for retail and residential
Attract high - quality tenants
Long -Range Planning
• Site Constraints
• Community Outreach
Master Plan +
Development
Agreement
(DA)
Development
Plan & Design
Review
3
Public & Community Meetings
• 2002 - Catellus Community Workshops #1,2 & 3
• 2002/2004 - Citywide Retail Policy Forums
• 2004/2006 — Published Citywide Retail Policy
— Published Alameda West Strategic Retail Recommendations
•
Planning Board Update - January
Cateltus Community Forum — February
• Planning Board Study Session — April 10
• Transportation Commission — May
• Economic Development Commission- June
• WABA
• Alameda Association of Realtors
• Kiwanis
• Chamber of Commerce
• Waterfront Action Committee
• Rotary
• Cardinal Point
• Gallagher & Lindsey
• Planning Board Hearing on EIR — May 22
• Planning Board Study Session — July 10
• Planning Board Recommendation of Approval — July 24
• Recreation & Park Commission — September 14
„ # ta &j - December 5, 2006
Community Workshop — February 15
Retail in Alameda
List of Prior Public Meetings
Catellus Community input Workshop #1 - 5\22\02, sponsored by the EDC
Catellus Community Input Workshop #2 - 6 \5 \02, sponsored by the EDC
• Catelius Community Input Workshop #3 - 6 \13 \02, sponsored by the EDC
• Catellus WAE3A Community Workshop 5 \16\02
• Catellus EDC Presentation — 6\20\02
• Catellus Planning Board Presentation — 8\26\02
• Webster District Retail Strategic Plan Community Forum #1 — 5\25\04
• Webster District Retail Strategic Plan Community Forum #2 — 6\22\04
• Webster District Retail Strategic Plan Community Forum #3 -- 3 \22\05
• Alameda Citywide Retail Policy Forum #1 — 4 \30\03
• Alameda Citywide Retail Policy Forum #2 -- 6 \5 \03
• Alameda Citywide Retail Policy Forum #3 -- 8 \4 \03
Alameda Citywide Retail Policy Forum #4 — 1 \13\04
• EDC Meeting on Alameda Citywide Retail Policy - 2 \19 \04
• Planning Board Presentation on Alameda Citywide Retail Policy— 4 \12\04
• City Council Presentation on Alameda Citywide Retail Policy - 6\1 \04
5
Retail in Alameda
List of studies completed
orisumer Marketing Survey
• Vision Plan for the West Alameda Business Association
• White Paper — Citywide Retail Strategy
• Alameda Point — Retail Market Analysis
• Retail Impact Analysis — Proposed Enterprise Landing Shopping Center
• Webster District Strategic Plan
• Alameda Citywide Retail Policy — Report to City Council 6/1/04
• Supplemental Report - Acceptance of Alameda Citywide Retail Policy .;
• Alameda Citywide Retail Policy — 'e C t , • cil 251'
• Alameda Citywide Retail Policy
• Webster District Strategic Plan — Existing Conditions Report~+
• Webster district Strategic Plan
• Alameda West Strategic Retail Imp efrierttatton ecommen a this
Retail Conclusion
To ensure complementary rather than competing
retail
• Cap retail at 300,000sf as per Citywide Retail Policy
• Complement Webster Street retail by limiting small store retail
(no more than 76,000sf. of space that is 5,000sf or less)
• Supplement existing retail and fill retail gaps consistent with Citywide
Retail Policy
• Maintain consistency in design elements with Webster Street
• Expand shuttle connection between Alameda Landing and Webster
Street
• Work towards a goal of 15% regional and local tenants
6
Proposed Development Program
A Ni xed -u e Transit-o
ented Development
Retail = Up to 300,000 square feet
Office = Up to 400,000 square feet
Residential = Up to 300 units (25% Affordable)
Health Club = 20,000 square feet
Environmental Review
• Supplemental Environmental Impact Report
- Compares and Updates 2000 Environmental Impact Report
- Environmental Impacts
- Different Land Use Ptan
- Different Conditions
Different Standards
• Significant Environmental Impacts
- Hazardous materials, Traffic and Traffic Related Air Quality
• Mitigation Monitoring Program and Responsibilities to Mitigate
• Statement of Overriding Considerations
7
Transportation Impacts
Highway "
Major Streets`-
Highway Ott -Ra
BART Route
- Ferry Route
Underwater Tube
Proposed Road Extension /R
Proposed Water Taxi Conne
Bridge
BART Station
it Ferry Terminal
TDM /TSM program
To provide and promote alterr�a
.
Well located for public transit
• Bike- friendly shuttle to BART
Water shuttle designed for pedestrian a
Extensive pedestrian & hike paths
• Shower facility at each office building
Tt7M Program Manager
Implementation - co- ordinate carpooling
vanpooling
guaranteed ride hunts
la1onito ri. and reporting
Inform and educate
Funded by — homebuyers, retailers & office its
. Initiation of the west end TC)MiTSM program
nd bicyclic
8
A General Plan Amendment :
A Plan for Mixed Use
Current General Plan Designation - Business P I
Proposed Designation - Mixed -Use
Allows and encourages residential as p
Master Plan Amendment
& Development Agreements
A comprehensive plan to guide the Tong -term
physical development of the Alameda Landing
site consistent with a mixed -use, transit - oriented
vision.
Long -Range Planning
® Site Constraints
nunity Out
Master Pan +
Development
Agreement
(DA)
Development
Plan & Design
Review
Master Plan Amendment
& Development Agreements
Third Amendment to Development Agreement
— Revises existing DA to apply to Bayport project only
Alameda Landing Commercial DA /
Alameda Landing Residential DA
- Provides vested entitlements to allow development in
phases over time
- Sets fees at 2006 -07 levels with annual escalators
Disposition & Development Agreement
(DDA)
10
5th Amendment to Existing DDA
• Limits geographic scope of DDA to Bayport project
• Releases Alameda Landing land sale proceeds and Tax
Increment from existing DDA to benefit Alameda Landing
project
• Fixes interest rate on shortfall loan and predevelopment
obligation at 8.75 °!0
• Effective only if Alameda Landing DDA is approved
Memorandum of Agreement Regarding
Sources of Repayment
• A Companion agreement to 5th Amendment
• Documents sources of repayment for shortfall loan and
predevelopment obligation provided for in existing DDA
(except FISC land sales proceeds and tax increment)
• Memorializes FOCIL's rights to those sources
• Effective only if Alameda Landing DDA is approved
11
Major Benefits of the Proposed Entitlements
• Greater mix of uses on site
• Includes affordable housing and retail uses,,k
• Reduces retail sales tax and leakage to neighboring
jurisdictions
• Developer builds infrastructure
• CIC provides funding as available
• Removes blight through timely development °?
Key Aspects of the DDA: Project Phasing
Commencement of the fast demolition and
infrastructure phase and the acquisition of the
last parcel by 2016
Phase 1: Conveyance parcels (8) totaling 37.7 acres
Phase 2: Conveyance parcels (4) totaling 26.5 acres
Phase 3: Conveyance parcels (3) totaling 8.7 acres
12
Existing DDA
• CIC responsible for cost of all demolition and public backbone
infrastructure (including the Tinker Avenue Extension)
• Developer responsible for all private intract improvements and vertical
construction
Proposed DDA
• Developer responsible for demolition public backbone infrastructure
(including the Tinker Avenue Extension) and amenities
• CIC's financial participation capped at $40:5M
• Developer responsible for all private intract improvements and vertical
construction
Key Aspects of the DDA: Land Value
Propose
(based on curre
proform
Key Aspects of CIC /Developer Obligations
13
• Will not impact the City's general fund
• All City /CIC costs funded by the Project
• An MSD will fund maintenance and public services
• Required demolition /backbone infrastructure
environmental impact mitigations are responsibility of
Master Developer
Fiscal Impact
Alameda Landing Project Funding Analysis
Predevelopment
Demo/Grading
Infrastructure / Environmental Clean -Up (inc. Tinker, Waterfront Promena
5th St., Mitchell, 115 KV, etc.)
CEQA Mitigation
Staff / 3rd Party Costs
Total Costs
• 11) Bayport / Alameda landing Tax Increment
'C1 Additional Alameda landing Tax Increment (if necessary)
Et
Bayport Profit. Participation
‘3.Q
CFD"
13 STIP"
After Project Land Value
ca
°' Total Reimbursement Sources
• Developers Return (11 %) (Reimbursement sources — Des Cost -= Developer
• Return t e Developer must spend $10314 to generate $116.5M in reimbursement
sources)
' finds raised from bonds secured by improved land
State grant funds available for Tinker Extension protect only
14
Proposed DDA: In Summary
• Total land improvement costs = $103M
• Total private improvement (vertical) costs
• Total improvement costs = $388M
• 010 investment capped C? $40.5M 1$99M+ under existing DDA)
• Grants = $4M (same wider existing DCA)
Private Investment = 5343M (5285,,1 under existing DDA)
• More risk shifted to Developer
Improved CIO leverage ratio= 1:9 ( trnrierexistirtg DDA)
• Increased sales tax revenue from mixed use project
Proposed Master Plan
Vision
Guiding Principles
Bringing Alameda to the Water
Nodes of Destination
15
Alameda Landing - Vision
To create a new, exciting, mixed -use waterfront neighborhood
To create a special place in Alameda — connected to the water, a
place to live, shop, play, stroll, bike and enjoy
16
Master Plan Amendment
Guiding Principles
1. Create a mixed -use community for all ages that provides a vibrant
and pedestrian scaled destination for Alameda
2. Provide a public waterfront and promenade that reconnects
Alameda to the water and becomes an integral piece of the City's
open space network
3. Design the waterfront park to promote a variety of active and
passive recreation uses
4 Develop larger open space connections to the waterfront through
tree - lined streets and landscaped greenways
5. Provide extensive views and vistas towards the water
17
Guiding Principles
biish and enhance pedestrian and bicycle connections between
the waterfront the overall development, and other Alameda
neighborhoods
Develop a series of public places along Fifth Street to activate the
street
8. Respect and reflect the maritime history of the site through a variety
of means including architecture street furniture and sgnage
Ensure an authentic architectural character and provide high quality
materials for all buildings and public places
• Building a synergy between the
two waterfront destinations
• Orienting to the visually
prominent Broadway axis
• Establishing a street network
that respects the Alameda grid
and allows for visual and
physical connection to the
Waterfront, Webster Street and
surrounding neighborhood
/A 1 LOtt 45p RE
ALAMEDA WATERFRONT
PLAZA
Bringing Alameda to the Water
18
• Building a synergy between the
two waterfront destinations
• Orienting to the visually
prominent Broadway axis
• Establishing a street network
that respects the Alameda grid
and allows for visual and
physical connection to the
Waterfront, Webster Street and
surrounding neighborhood
• Large waterfront open space
amenity for Alamedans
• Well connected open space
network that serves the
development ecologically and
as a public amenity
ALAMEDA WATERFRONT
. PLAZA
Bringing Alameda to the Water
• Building a synergy between the
two waterfront destinations
• Orienting to the visually
prominent Broadway axis
• Establishing a street network
that respects the Alameda grid
and allows for visual and
physical connection to the
Waterfront, Webster Street and
surrounding neighborhood
• Large waterfront open space
amenity for Alamedans
• Well connected open space
network that serves the
development ecologically and
as a public amenity
• Maximizing views
PORT OF OAKLAND
DOWNTOWN
SAN FRANCISCO
DOWNTOWN
OAKLAND
FRONT
OAKLAND /BERKELEY HILLS
Bringing Alameda to the Water
19
• Connections to
rest of Alameda
• Reconnect to
water
• Vibrant Fifth
Street spine
• Mixed -use
priority areas as
Nodes along Fifth
Street
The Illustrative Plan
Parks & Open Space Framework
Alameda + Oakland Estuary
Bikee Route / Path /mail
• Pede rian Pallll llal�
Ndetnian Nara
20
Nodes of Destination
Waterfront Plaza ,.
Village Gren
i
EntryPlaza
21
ALANIEDAiLLANLANG ES WAAL
NEADAPIED LVAFEHL,U,E}
WATER Iii>o NLNEANG
LASATER:0,3NT PLAZA
LEGEND
COAST GUARD HOUSING
RA STOAT N pMES
Reconnecting Alameda to its Waterfront
22
Waterfront Plaza & Promenade
Looking across at Jack London Square
23
Waterfront Plaza across Jack London Square
Conceptual Waterfront Plaza Alternatives
24
Waterfront Plaza & Promenade
Adaptive Reuse of Existing Warehouse
25
Waterfront Promenade
Commitment : New Alameda Destination
• Create a special place in Alameda
• Unique waterfront restaurants & retail
• Waterfront promenade & parks
• High quality building & landscape architecture
• Reuse and regeneration
• Jobs + housing balance
• TDM/Transportation alternatives
26
Next Steps
Master Plan Design
MGDIP Design and Processing
Phase 1 layout and design
Clif Bar Architecture
Wharf Rehab Plan
Right -of -way Acquisition (UPRR)
Final Environmental Remedial Action Plan
Phase 1 Retail Tenanting strategy
Demolition
27