monaco & evans redevelopment

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Monaco & Evans RedevelopmentLDR Community MeetingMAY 6, 2020

• Introductions (5 minutes)Marcus Pachner (Meeting Host), Kendra Black (City of Denver - District 4 Councilwoman)

• Forum Real Estate – Developer (2 min)Rich Wilson (Forum Real Estate)

• Large Development Review Process (6 min)Deirdre Oss and Scott Robinson (City of Denver - Community Planning and Development)

• Monaco & Evans Redevelopment (5 min)Rich Wilson (Forum Real Estate)

• Community Amenities• Circulation/Mobility/Connectivity (3 min)

Rich Wilson (Forum Real Estate)

• Sidewalks & Open Space (4 min)Dylan Dettmann (Norris Design)

• Our Vision for the Site (3 min)Rich Wilson (Forum Real Estate)

• Large Development Framework (2 min)Deirdre Oss (City of Denver - Community Planning and Development)

• Questions (30 min)

Agenda

| CONFIDENTIAL 3

Presenters

Marcus PachnerMC/HostPartnerThe Pachner Company

Rich WilsonDeveloperManaging Director-Development Forum Real Estate Group

Dylan DettmannLandscape ArchitectSenior AssociateNorris Design

Scott RobinsonCity of DenverSenior City Planner

Deirdre OssCity of DenverSenior Development Project Administrator

Forum Real Estate Group

Local Developer

5

6

Project Team

Rich WilsonManaging Director-Development

Kristen LinkDirector-Development

Kevin FoltzManaging Partner-Development

David PilzSenior Associate-Development

Galloway- Civil Engineer

Forum Real Estate Group- Developer Studio PBA- Architect

Norris Design- Landscape Architect

Matt BaronPrincipal

John PayneSenior Principal

Joe ParkSenior Associate

Dylan DettmannSenior Associate

Cameron BraatzProject Manager

City of Denver –Large Development Review Process

Large Development Review (LDR) Overview

• To implement City Council adopted plans, and resulting public infrastructure, open space, and public parks, on sites that are large or otherwise require a more coordinated inter-agency development review process.

• To provide an early opportunity to identify issues and the development's relationship with significant public infrastructure improvements, facilities, and publicly accessible parks and open spaces.

• To create a process framework for coordinating development, infrastructure improvements, and regulatory decisions before site-specific development proceeds within the subject area.

Process Overview

• High Level Project Requirements• Framework – Timing and Sequencing

of Required City Process (Recorded)

Large Development

Review

• Mobility Study/Technical Studies• Design Guidelines/Standards/Tools• Development Agreement

Next Steps

• Rezoning (City Council)• Subdivision/Plat(s) (City Council)• Site Development Plans

Regulatory and Administrative

Processes

Large Development Framework

• Plans, studies, regulations that form basis for framework• Development Concept Plan and Narrative• Community Information Meeting Summary• Timing and sequence of regulatory and administrative approval

processes• General topics for future development agreements• Signed and recorded

Blueprint Denver (2019)

• Community Center Future Place Type

• Mix of office, commercial, and residential uses

• A mix of larger and smaller scale buildings, some setback from the street to accommodate parking

• Heights generally up to 5 stories

Blueprint Denver (2019)

• Accessible to a larger area of surrounding neighborhood users by a variety of transportation options

• Green infrastructure serves the needs of a site or the surrounding area

• Open spaces are flexible to benefit different types of users and daily activities throughout the year

Equity ConceptsEquity is when everyone, regardless of who they are or where they come from, has the opportunity to thrive. Where there is equity, a person’s identity does not determine their outcome. Equitable, inclusive communities are places of value that provide access to resources and opportunities for all people to improve the quality of their life. As a city, we advance equity by serving individuals, families and communities in a manner that reduces or eliminates persistent institutional biases and barriers based on race, ability, gender identity and sexual orientation, age and other factors.

Equality

Equity

Blueprint Denver includes three equity concepts that should be considered when evaluating large developments.

Equity Concepts: Access to Opportunity

Score: 0 Score: 5

Average Access to Opportunity: 3 moderate access

For more information on the metrics and methodology, see Appendix C of Blueprint Denver and the DDPHE Neighborhood Equity Index. Most data sources are from 2014-2018 ACS 5 Year estimate

“Access to Opportunity” reflects the goal for all neighborhoods to be complete with equitable access to a high quality of life including quality jobs, schools, parks, health care services and healthy food.

Score: 3 Score: 0

Total Indicators of Vulnerability to Displacement: 3 Vulnerable

For more information on the metrics and methodology, see Appendix C of Blueprint Denver. Most data sources are from Census ACS 2014-2018

“Reducing Vulnerability to Displacement” means stabilizing residents and businesses who are vulnerable to involuntary displacement due to increasing property values and rents.

Equity Concepts: Vulnerability to Displacement

Score: 0 Score: 5

Total Indicators of Housing Diversity: 1 Not Diverse

For more information on the metrics and methodology, see Appendix C of Blueprint Denver. Most data sources are from 2016

“Housing Diversity” means a neighborhood can offer residents a variety of housing options to accommodate households of different ages, sizes and incomes.

Equity Concepts: Housing Diversity

For more information on the metrics and methodology, see Appendix C of Blueprint Denver, Source 2017 LODES

Access to a range of quality jobs enables people of different incomes and education levels to find employment and wealth-building opportunities.

Equity Concepts: Jobs Diversity

Near Southeast Area Plan

• Starting in the 2nd half of 2020

• www.denvergov.org/ neighborhoodplanning

Monaco & Evans Redevelopment

Existing Conditions

20

East Evans Avenue

South Monaco Parkway Memorial Way Drive

Building

Neighborhood and Location

21

Highline Canal Trail Entrance

Retail

Retail

Retail

4 Story Apartments

4 StoryApartments

Office

Office3 story

Office6 story

Evans Ave.

Sout

h M

onac

o Pa

rkw

ay

Retail

Retail North

22

Site Constraints

| CONFIDENTIAL

Wat

er E

asem

ent

High Voltage Power

Floodway

Park

way

Set

back

Proposed Memorial Way Public ROW

Sani

tary

Eas

emen

t

North

Community Amenities

Preliminary Site Layout

24

Legend

Residential Development

Future Community Open Space

Existing Box Culvert

Roadways

Proposed Major Pedestrian Circulation

Proposed Minor Pedestrian Circulation

Trees

Preliminary / subject to change

North

Pedestrian, Bike, and Transit Connectivity

25

Highline Canal Trail Entrance

Bike Path Connection

Transit Stops

Legend

New PedestrianFriendly Sidewalks

Highline Canal Trail Entrance:400’ Further SouthPreliminary / subject to change

North

Future Experience – East Evans Avenue

26

East Evans Avenue - Existing

Note: These plans arepreliminary and subject to change

Example tree lawn and sidewalk

North Key

Future Experience – Memorial Way

27

Memorial Way Drive - Existing Example tree lawn and sidewalk

Note: These plans arepreliminary and subject to change

North Key

Proposed Open Space – S. Monaco Parkway

28

Current Proposed – Community Open Space

Potential Site Additions – Inspirational ImagesPreliminary / subject to change

North

Inspirational Images

29

Inspirational Images

30

Our Vision for the Site

Forum’s Brand Strategy is in Development: Blum

32

Note: These images are not specific elements that will be built. These are inspirational images only, to inform the design team of the need to incorporate green spaces in creative ways throughout the residential property.

Forum’s internal marketing and branding department is hard at work developing a project vision that will guide specific design detail, marketing and operations

Residential Community with 3+ Story Multifamily

33

Residential3 stories*

Residential 3-5 stories*

• Three stories are allowed per the site’s zoning (S-CC-3). Five-story buildings on the eastern parcel would require that parcel to be rezoned.• The site plan is preliminary and subject to change.

Subject to futureredesign

North

Examples of 3 Story Residential Communities

34

Examples of 4-5 Story Residential Communities

35

Anticipated Project Timeline

36

Construction Start Anticipated Summer of 2021First Occupancy Anticipated Fall of 2022

City of Denver –Large Development Framework

Evans and Monaco Large Development Framework Draft Requirements

• Official Map Amendment (rezoning) if required

• Equity Analysis Response• Infrastructure Master Plan

(including Goldsmith Gulch-related studies)

• Development Agreement

• Subdivision Plan (one or multiple filings)

• Transportation Engineering Plans (TEP)

• Stormwater and Sanitary Sewer Construction Plans (SSPR)

• Site Development Plan(s) for horizontal and vertical development

Development Agreement Potential Topics

• Affordable Housing Plan • Open Space phasing, maintenance and ownership • Goldsmith Gulch improvements• Any off-site Improvements identified through IMP Studies

THANK YOU

QUESTIONS?

monacoevansdenver.com

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