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REQUESTS FOR PROPOSALS PRE-SUBMISSION MEETING N. MAIN & AUBURN REDEVELOPMENT Red: Toner Ave. Gray: Future City-Owned Parcels Remaining from the Redevelopment of N. Main Street Blue: Existing Municipal Lot

REQUESTS FOR PROPOSALS PRE-SUBMISSION MEETING N. MAIN & AUBURN REDEVELOPMENT

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REQUESTS FOR PROPOSALS PRE-SUBMISSION MEETING N. MAIN & AUBURN REDEVELOPMENT. Red: Toner Ave. Blue: Existing Municipal Lot. Gray: Future City-Owned Parcels Remaining from the Redevelopment of N. Main Street. INTRODUCTION Planning & Development Department. - PowerPoint PPT Presentation

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Page 1: REQUESTS FOR PROPOSALS PRE-SUBMISSION MEETING N. MAIN & AUBURN REDEVELOPMENT

REQUESTS FOR PROPOSALSPRE-SUBMISSION MEETINGN. MAIN & AUBURN REDEVELOPMENT

Red: Toner Ave.

Gray: Future City-Owned Parcels Remaining from the Redevelopment of N. Main Street

Blue: Existing Municipal Lot

Page 2: REQUESTS FOR PROPOSALS PRE-SUBMISSION MEETING N. MAIN & AUBURN REDEVELOPMENT

INTRODUCTIONPlanning & Development Department

• David A. Sidney, AICP, Manager for Comprehensive Planning & Design

• Wayne Dust, AICP, Planning Administrator

Page 3: REQUESTS FOR PROPOSALS PRE-SUBMISSION MEETING N. MAIN & AUBURN REDEVELOPMENT

PROJECT VISION• Generate highest revenue and economic impact for the City

• Provide retail services that benefit the surrounding neighborhood

• Show a mixture of retail uses and services compatible with the surrounding neighborhood

• Provide a pedestrian-friendly environment to encourage parking and walking to retail establishments

• Examples of desired uses:

• Multi-story mixed use development• Professional offices• Sit down restaurants, coffee shops• Gift shops, specialty retail stores

Page 4: REQUESTS FOR PROPOSALS PRE-SUBMISSION MEETING N. MAIN & AUBURN REDEVELOPMENT

SITE DESCRIPTION• Approx. 730 ft. above mean sea level

• Approx. 2000 ft. from the Rock River

• NW corner of the Churchill Grove neighborhood

• Churchill Grove extends east of N. Main St. to the Rock River from Auburn St. south to Whitman St.

• Walker Elementary is approx. 600 ft. to the east of Toner Ave. along Myott Ave.

• Fire Station #8 is 850 ft. east of Toner Ave. along Auburn St.

Page 5: REQUESTS FOR PROPOSALS PRE-SUBMISSION MEETING N. MAIN & AUBURN REDEVELOPMENT

EXISTING CONDITIONSSCENARIO A• Includes the western section of the City-owned parking lot (8,727 sq. ft.) and the property along N. Main St. that the City is in the process of acquiring from IDOT (12,393 sq. ft.)

Looking north from Myott Ave. – western-most section of the City-owned parking lot.

Looking north from Myott Ave. - surplus right-of-way that the City is in the process of acquiring from IDOT.

Page 6: REQUESTS FOR PROPOSALS PRE-SUBMISSION MEETING N. MAIN & AUBURN REDEVELOPMENT

EXISTING CONDITIONSSCENARIO B• Includes areas in Scenario A plus the western row of parking from the adjacent lot to the east. Total City-owned land made available increases to 14,304 sq. ft.

• Includes the addition of the western row of parking from the eastern portion of the parking lot.

Page 7: REQUESTS FOR PROPOSALS PRE-SUBMISSION MEETING N. MAIN & AUBURN REDEVELOPMENT

EXISTING CONDITIONSSCENARIO C• Includes the use of the entire City-owned property (27,883 sq. ft.) and property the City is in the process of acquiring from IDOT along N. Main St.

This entire City-owned parking lot would be included.

Existing Toner Ave. - retained for parallel parking (27-30 spaces). Street may be vacated with easements recorded for public and private utilities. Possible extensive acquisition of property in East Block could be required to provide parking.

Page 8: REQUESTS FOR PROPOSALS PRE-SUBMISSION MEETING N. MAIN & AUBURN REDEVELOPMENT

POTENTIAL DEVELOPMENTSCENARIO ABuildable Area (8727 sq. ft.)

Remaining Parking Municipal Lot (58 spaces)

Future City Acquisition from IDOT (12393 sq. ft.)

Remaining Parking from Toner Ave (27 spaces)

Page 9: REQUESTS FOR PROPOSALS PRE-SUBMISSION MEETING N. MAIN & AUBURN REDEVELOPMENT

POTENTIAL DEVELOPMENTSCENARIO BBuildable Area (14304 sq. ft.)

Remaining Parking Municipal Lot (30 spaces)

Future City Acquisition from IDOT (12393 sq. ft.)

Remaining Parking from Toner Ave (27 spaces)

Page 10: REQUESTS FOR PROPOSALS PRE-SUBMISSION MEETING N. MAIN & AUBURN REDEVELOPMENT

POTENTIAL DEVELOPMENTSCENARIO CBuildable Area (27883 sq. ft.)

Future City Acquisition from IDOT (12393 sq. ft.)

Remaining Parking from Toner Ave (27 spaces)

Page 11: REQUESTS FOR PROPOSALS PRE-SUBMISSION MEETING N. MAIN & AUBURN REDEVELOPMENT

FINANCING & PUBLIC INCENTIVES• Tax Increment Financing (TIF) District

• Brownfields Program

• State of Illinois River Edge Redevelopment Zone

• Federal & State Historic Preservation Income Tax Credits

Page 12: REQUESTS FOR PROPOSALS PRE-SUBMISSION MEETING N. MAIN & AUBURN REDEVELOPMENT

TIMELINES• Site visit immediately following pre-submission meeting

• Pre-submittal Meeting Q & A compiled, e-mailed and posted on-line by September 20, 2013

• Proposals due by October 15, 2013 at 11:00 AM

• Direct Contact: Wayne Dust (815-987-5636) [email protected]

Page 13: REQUESTS FOR PROPOSALS PRE-SUBMISSION MEETING N. MAIN & AUBURN REDEVELOPMENT

Q & A SESSION

Page 14: REQUESTS FOR PROPOSALS PRE-SUBMISSION MEETING N. MAIN & AUBURN REDEVELOPMENT

THANK YOU

FORATTENDING