ULI Board

Page 1

Core | Community & Small Business Workshop Space

Focusing on the fine-grains to cultivate cohesive, healthy and balanced communities. This micro scale promotes a diverse and holistic approach to commnity and economic development, supporting locally-powered efforts toward a higher quality of life.

01 RESIDENTIAL ROOFTOP GARDENS 02 Industrial Design Cooperative Classrooms for Recreational, Professional & Academic Trainings 02 GREEN ROOF ABSORBS STORMWATER Laboratories for Green Technology Research & Development 1’ Was hin

1,263,203 sq ft

CIRCULATION

SNOW PILES AS PARK AMENITIES

So

uth

So

PLOUGHED FROM 2 BLOCKS

uth

CREATES A 2050 CU FT. SNOW PILE

4th

W ToA DSoH wINn G toTw OnNW AeVs Et N

684 On Street Parking Spaces

UE

ASSUME 63 CUBIC FOOT SNOWMAN

22,000 SQ. FT. OF SOLAR PANELS ON SITE GENERATE 220 kWh

So

uth

YEILDS 30 LARGE SNOWMEN

ENOUGH ENERGY TO HEAT 4419 SQ. FT OF SIDEWALK AT 50 Wh

6th

$60,585,451 $24,718,980 $1,820,478 $2,834,540 $1,579,670 $91,539,119

$52,058,788 $4,384,077 $0 $0 $1,574,106 $58,016,971

$77,778,598 $3,113,518 $0 $0 $1,579,188 $82,471,304

eet

Was hin

gton

BLOCKED FROM COLD NORTHWESTERN WINDS

eet

So

uth

Directs Traffic From Major Highways 35W and 94 Accessed via S 5th Ave. and S 6th Street

$190,422,837 $32,216,575 $1,820,478 $2,834,540 $4,732,966 $232,027,396

UT

HS o

uth

5th

Pe

des

tria

nS

tree

t

So

uth

8th

7th

uth

uth

1

eet

PUB. / PRIV. MIXED USE BUILDING

PERMEABLE PAVING

BIKE LANE

TREE PIT

BUS LANE

MEADOW HABITAT

BIO INFILTRATION SYSTEM

BUILDING

Str

3rd

Str

eet

eet

Incubator Retail/Food Cooperative

2

So

uth

So

uth

7th

6th

Proposed Community Food Cooperative Existing Food Cooperative **All with 5-minute walking radius

Str

eet

So

uth

8th

eet

Public Space Urban Agriculture Institutional/Historical Building Parking

Phase I

Residential Office Retail/Restaurant Incubator Others Total

$60,585,451 $24,718,980 $1,820,478 $2,834,540 $1,579,670 $91,539,119

EXISTING RENOVATED APARTMENTS

$52,058,788 $4,384,077 $0 $0 $1,574,106 $58,016,971

Phase III $77,778,598 $3,113,518 $0 $0 $1,579,188 $82,471,304

7TH STREET AND PORTLAND

TREE PIT

BUS LANE

MEADOW HABITAT

BIO INFILTRATION SYSTEM

WALKWAY

INFILTRATION

TREE PIT

WALKWAY

TREE PIT

ENTRY PLAZA

PUB. / PRIV. MIXED USE BUILDING

PERMEABLE PAVING

BIKE LANE

TREE PIT

BUS LANE

MEADOW HABITAT

RECREATION

PLAYGROUND

MEADOW

PUB. / PRIV. MIXED USE BUILDING

PERMEABLE PAVING

48’

Mill District -Emerging Neigbhorhood -Residential Conversions -High Caucasian Population -Empty Nesters and Young Professionals

SECTION C - C’ University of Minnesota -Public Ivy League University -51,853 Students -3,374 Staff -Low Median Incomes -High Caucasian Population -High Levels of Education -Younger Population

RECIEVING WARM SOUTH EASTERN BREEZES

BUILDING ACCESS AT 5 MINUTE WALK (1/4 MILE) FROM CITY HALL LIGHT RAIL STATION

Str

eet

Modified Paving Slows Traffic

Buildings Create East West Circulation

BUILDING ACCESS AT 2 MINUTE WALK (1/8 MILE) FROM PORTLAND AVE AND 5TH ST. BUS STOP

BUILDING ACCES AT 5 MINUTE WALK (1/4 MILE) FROM METRODOME

Source: City of Minneapolis

University of Minnesota

Fresh Food Outlets, Downtown Minneapolis 2011

Architecture Supports Circulation to Central Corridor

24’

0’ Elliot Park -Low Median Incomes -Working Class -Racially Diverse -Low Educational Attainment -Older Population

Community Gardens Food Co-op Urban Permaculture Site Proposed Community Garden

Mobile Food Vendor Zones, Minneapolis 2012

Total $190,422,837 $32,216,575 $1,820,478 $2,834,540 $4,732,966 $232,027,396

GREEN ENERGY, MIXED USE APARTMENTS

BUS LANE

TREE PIT

BIKE LANE

WALKWAY

INCUBATOR

TECHNOLOGY

SUSTAINABLE

BUILDING

PUB. / PRIV.

PLAYGROUND PUB. / PRIV. MIXED USE BUILDING RECREATION FIELD

Downtown West -Central Business District 24’ -Highest48’Median Incomes 96’ -High Caucasian Population -High Levels of Educational Attainment -Older Population

1

Site Section Property Type

24’

Str

Pedestrian Intersections

3

MEADOW WALKWAY HABITAT BIKE LANE BUS LANE TREE PIT TREE PIT BUS LANE BIKE LANE MEADOW PERMEABLE PAVING

Public Market

Serving new residents and members of surrounding neighborhoods

Proposed Food Truck Court Permitted Mobile Food Vendor Areas Rivers & Lakes Minneapolis Boundary

Construction Costs Phase II

WALKWAY

INFILTRATION

TREE PIT

WALKWAY

TREE PIT

ENTRY PLAZA

Mini-Market

0’

Modified Bike Lanes

Downtown East -Vikings Stadium -Hiawatha Light Rail Line -Many Parking lots -Development Oportunities

Fruit & Vegetable Enhanced Corner Store

Mixed-Income Residential Office/Commercial

BIO INFILTRATION SYSTEM

PUB. / PRIV.

RECREATION FIELD

PLAYGROUND

MEADOW

BUS LANE

TREE PIT

BIKE LANE

WALKWAY

INCUBATOR

uth

e

6’ Bio Swale Separates Bike Lanes from Automobile Traffic

Str

$57,708,140 1,693,997 SF $227,098,168 $316,759,072 $416,949,162 6.28% 19.06% $75,262,413 $62,105,230 $9,151,255 $2,795,996 $1,209,932

4th

e So

SECTION B - B’

0’

0’ 24’ 48’

Converging (micro)Communities | Local Neighborhood Development

Full Service Grocery Store

tha Lin

Hiawa

Str

eet

So

So

Ave nu

To E

Financial Summary Current Property Value (Year 0) Square Footage Built Total Construction Costs Total Project Cost Projected Property Value (Year 10) Unleveraged IRR Leveraged IRR Project NPV Residential @ 8.75% Office @ 9.60% Retail/Restaurant @ 9.25% Incubator @ 9.81%

Total

SO

eet

llio t

Residential Office Retail/Restaurant Incubator Others Total

Phase III

Str

Food (micro)Systems | Promoting Access, Availability & Economy

MOBILITY

COURTYARDS FORM INTERIOR SPACES

OPEN SPACE

uth

Str

Str

To E

Phase I

e So

Parking Garage:

Stormwater Management [ENDO] | Integrating local climate & geography

Financial Snapshot | Generating value Property Type

Ave nu

AT A WIDTH OF 20’

Exit via S 4th Ave.

Construction Costs Phase II

3rd

3” OF SNOW

III

Total

gton

SECTION C - C’

96’

BUILDING

Mar.

Circulation | Supporting productive & efficient networks

48’

TECHNOLOGY

Feb.

Jun.

24’

SUSTAINABLE

Jan.

May.

Ch ica go Ave nue

Dec.

Apr.

So uth

Dec.

Pa rk A ven ue

Nov.

Po rtla nd Ave To nue Sto Bri n So dge e Arc uth h

Oct.

uth

Sep.

0’

0’ 24’ 48’

So

Aug.

Passing Lanes

PUB. / PRIV.

B PERSPECTIVE B

BIKE LANE

20 EXISTING COMMUNITY CENTER

RECREATION FIELD

15 500 CAR PARKING STRUCTURE

Food Truck Lane (out)

TREE PIT

10 IMPROVED VIKING STADIUM

The Armory Yard

BUS LANE

05 COURTYARDS CONTROL STORMWATER

Food Truck Lane (in)

ue

Jul.

DOWNTOWN EAST SUB-WATERSHED 0.25 SQUARE MILES

5th Ave n

RETAIN WATER IN MINNEAPOLIS TO PREVENT FLOODING IN NEW ORLEANS

$80,000,000

Pa rk

$60,000,000

BLOCK COURTYARDS

PLAYGROUND

A PERSPECTIVE A

MEADOW HABITAT

19 ALLOW VACANT LOT TO NATURALIZE

MEADOW

14 RETROFIT ARMORY TO CONCERT SPACE

BUS LANE

09 METRODOME LIGHT RAIL STATION

BIO INFILTRATION SYSTEM

04 RETROFIT STAR TRIBUNE OFFICE

TREE PIT

23 FOOD TRUCK PARKING WALKWAY

18 EXISTING SEXTON BUILDING

BIKE LANE

13 ATRIUM BUILDING ALLOWS FOR LIGHT

INFILTRATION

08 HOOP HOUSES FOR WINTER GREENS

WALKWAY

03 BUS ROAD IN PORTLAND PARK

TREE PIT

22 THRIVENT FINANCIAL OFFICES

INCUBATOR

17 COMMUNITY GARDEN RESIDENCES

WALKWAY

12 PEDESTRIAN PLAZA

TREE PIT

07 CO-OP RETROFIT OF VACANT BUILDING

ENTRY PLAZA

02 GREEN ROOF ABSORBS STORMWATER

BUILDING

21 5TH ST. PEDESTRIAN / L.R. CORRIDOR

PUB. / PRIV.

S 5TH ST. PEDESTRIAN MALL

7.6 MILLION GALLONS OF WATER PER YEAR

16 BIKE PARKING

RECREATION FIELD

PORTLAND AVE PARK

THE LARGEST WATERSHED IN NORTH AMERICA

Financial Summary Residential 341,980 sq ft $40,000,000 $60,000,000 $80,000,000 $100,000,000 Current Property Value (Year Office 0) $0 28,761$20,000,000 $57,708,140 sq ft Residential Square Footage Built Retail/Restaurant 1,693,9971,005,220 SF sq ft 0 sq ft Office Others 257,983 sq ft Total Construction CostsRetail/Restaurant $227,098,168 Total 0 sq ft 370,741 sq ft Total Project Cost $316,759,072 Others Projected Property Value (YearTotal10) $416,949,1621,263,203 sq ft Unleveraged IRR 6.28% Leveraged IRR 19.06% hase Phase III Project NPV $75,262,413 $0 $20,000,000 $40,000,000 $60,000,000 $80,000,000 $100,000,000 Residential @ 8.75% Residential $62,105,230 1,005,220 sq ft Office Office @ 9.60% $9,151,255 257,983 sq ft Retail/Restaurant Retail/Restaurant @ 9.25% 0 sq ft $2,795,996 Others Incubator @ 9.81% $1,209,932

P

22.6 MILLION GALLONS OF WATER PER YEAR

ON STREET BIOSWALES

11 GREEN TECH INCUBATOR

GREEN ROOFS

Phase$40,000,000 III

$20,000,000

MISSISSIPPI WATERSHED: 1,837,000 SQUARE MILES

1,263,203 sq ft

Phase II

MIDDLE MISSISSIPPI WATERSHED: 29 SQUARE MILES

06 ROOFTOP GARDEN ON AG. BLOCK

SECTION C - C’

PLAYGROUND

721,323 sq ft 370,741 sq ft

TECHNOLOGY

SUSTAINABLE

$100,000,000

01 RESIDENTIAL ROOFTOP GARDENS 02

SECTION A - A’

SECTION C - C’

MEADOW

sq ft $60,000,000341,980 $80,000,000

1,005,220 sq ft

Total

$0

$80,000,000

Food Truck Court | Designated Lanes & Protected Seating Area

llio t

$40,000,000

$60,000,000

IDENTIFICATION AND PROGRAMMING KEY

Ch ica go Ave nue

Retail/Restaurant Residential 21,533 sq ft $0 $20,000,000 IncubatorOffice ft sq ft Residential 40,300 sq28,761 Others Retail/Restaurant 0 sq ft Office 257,983 sq ft TotalOthers Retail/Restaurant Total 0 sq ft Others

478,740 sq ft

SECTION B - B’

BUS LANE

$20,000,000 180,750 sq ft

$100,000,000

TREE PIT

Phase II

$80,000,000

WALKWAY SUSTAINABLE BIO INFILTRATION TECHNOLOGY SYSTEM INCUBATOR

$60,000,000

Phase$40,000,000 III

$0

ENERGY NATURAL DIVERSITY ORGANIC

So uth

Residential

$40,000,000

67% IMPERVIOUS

Pa rk A ven ue

Phase II $20,000,000

23 FOOD TRUCK PARKING

suoivrep latot

370,741 sq ft

Phase I

$0

TOTAL IMPERVIOUS AREA: 19.70 TOTAL PERVIOUS AREA: 9.71 acres

suoivrepmi latot

total impervious

721,323 sq ft

Total

33% PERVIOUS

96’

BIKE LANE

total pervious

TOTAL SITE AREA: 29.41 ACRES TOTAL IMPERVIOUS AREA: 28..82 ACRES TOTAL PERVIOUS AREA: 0.59 ACRES

SECTION B - B’

22 THRIVENT FINANCIAL OFFICES

GREEN INFRASTRUCTURE RETROFITS 2% PERVIOUS

48’

INFILTRATION

EXISTING CONDITIONS

98% IMPERVIOUS

TotalOthers

Office

DOWNTOWN EAST DRAINS TO THE MIDDLE MISSISSIPPI WATERSHED

24’

WALKWAY

MINNEAPOLIS SITS AT THE HEADWATERS OF THE UPPER MISSISSIPPI WATERSHED REGION

341,980 sq ft

21 5TH ST. PEDESTRIAN / L.R. CORRIDOR 0’

TREE PIT

Residential Retail/Restaurant 21,533 sq ft Office Incubator 40,300 sq28,761 ft sq ft Retail/Restaurant Others 0 sq ft

$80,000,000

Commercial Corridor [GERM]

GERM BRAN ENDO

$40,000,000

Recreational Corridor [BRAN]

Po rtla nd Ave To nue Sto Bri So dge ne Arc uth h

$20,000,000 180,750 sq ft

478,740 sq ft $60,000,000

$100,000,000

uth

$0

$80,000,000

So

Residential Office

$60,000,000

Phase II

ue

$40,000,000

SECTION B - B’

20 EXISTING COMMUNITY CENTER

5th Ave n

$20,000,000

19 ALLOW VACANT LOT TO NATURALIZE

Pa rk

$0

DEDICATED FOOD TRUCK PARKING SPACES

SECTION A - A’

INCUBATOR

Phase I

WALKWAY

tion Sta Hal l fro alk te W

inu 5M

18 EXISTING SEXTON BUILDING

1

721,323 sq ft

MINNEAPOLIS ARMORY RETROFIT

280,000 SQ. FT. OFFICE

PROMOTE CONNECTIONS WITH DOWNTOWN WEST

14,500 SQ. FT. RETAIL

Total

42,005 SQ. FT. GREEN TECH

40,300 sq ft

Portland Ave & South 5th St Public Plaza | Activating the Armory

SECTION C - C’ 17 COMMUNITY GARDEN RESIDENCES

21,533 sq ft

Others

team 4363

and S e u n e Av tland Stop r o P m Bus lk fro

a

ute W

2 Min

180,750 sq ft

Incubator

Incorporating mixed-income, multi-use Development

16 BIKE PARKING

t Stree h t 5 th

ou

478,740 sq ft

Office

Land Use |

mC

Plan

15 500 CAR PARKING STRUCTURE

WALKWAY

$100,000,000

SECTION A - A’

14 RETROFIT ARMORY TO CONCERT SPACE

TREE PIT

Residential

$80,000,000

VIKINGS STADIUM REDEVELOPMENT

TECHNOLOGY

$60,000,000

SECTION A - A’

ENTRY PLAZA

$40,000,000

GREEN TECHNOLOGY BUSNINESS INCUBATOR

I

SUSTAINABLE

$20,000,000

SMALL SCALE RETAIL

)B

13 ATRIUM BUILDING ALLOWS FOR LIGHT

ity

Det

Phase IPhase I

Site

GATHERINGS ENTREPRENEURSHIP RETAIL MARKETS

(

12 PEDESTRIAN PLAZA

ail B oun dar y

Community Food Cooperative & Business Incubator | Education, Economy & Environment

-S

INFILTRATION

C

TREE PIT

ENTRY PLAZA

5 Minute

BRAN - Bikes, Roads, Access, Network ENDO - Energy, Nature, Diversity, Organic GERM - Gatherings, Entrepreneurship, Retail, Market

WALKWAY

A

TREE PIT

21

Walk fro

MINNEAPOLIS IS THE GRAIN CAPITAL OF THE WORLD

Ground Floor Entry | Retail SECTION A A’ 05 COURTYARDS CONTROL STORMWATER Small shops for micro-business germination Sustainable Design Gallery 06 ROOFTOP GARDEN ON AG. BLOCK Biofiltration Vents Natural Light for Workspaces Pedestrian Paths for 07 CO-OP RETROFIT OF VACANT BUILDING Public Access & Educational Tours 08 HOOP HOUSES FOR WINTER GREENS Solar Technology Research METRODOME LIGHT RAIL STATION 09Outdoor Laboratory 10 IMPROVED VIKING STADIUM ross micro usiness ncubator SECTION B -ector B’ 11 GREEN TECH INCUBATOR

B

m Metro

BEGINS WITH THE GRAIN, A CULTURAL SYMBOL

dome St ation

perspective A

Retail/Restaurant

Outer Corridor | Office Space 03 BUS ROAD IN PORTLAND PARK Rental Spaces for start-up businesses

Star Tribune Offices 04 RETROFIT STAR TRIBUNE OFFICE Small business offices // Green technology offices

GENERATING HEALTHY NEIGHBORHOODS BY LOOKING TO THE HISTORY OF MINNEAPOLIS

$0

GERM BRAN ENDO

urbanGRA N

IDENTIFICATION AND PROGRAMMING KEY

Source: City of Minneapolis

48’

96’

Cedar Riverside -Low Median Incomes -Many UofM Students -Nightlife -Art Scene -Racially Diverse -Younger Population

Cultivating the cross-pollination of ideas between and within local communities to improve region-wide economic development and social well-being 0

0.125

0.25

¯

Encouraging a seamless transition between neighborhoods, while retaining Downtown East’s distinctive qualities 0.5

0.75

1

Miles

Source: City of Minneapolis

Food Producing Community Gardens, Downtown Minneapolis 2011

team 4363

team 4363

CROSS BLOCK

ICONIC TOWERS CREATING

6TH STREE AND PORTLAND AVENUE

DESIGNATED FOOD TRUCK VENDING AREA

BICYCLE PARKING AREA NEAR NATIVE MEADOW

PUBLIC PLAZA AT 5TH STREET

MIXED USE RESIDENTIAL/RETAIL CORRIDOR FRONTING ON PARK

CROSS BLOCK

APARTMENTS AT PORTLAND PARK

4TH STREET AND PORTLAND AVENUE

MIXED USE, GREEN ENERGY APARTMENTS

0’

30’

60’

120’


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