TRANSIT DEVELOPMENT DISTRICT PROPOSED DRAFT BOUNDARY live polling
+ moderated Q+A +
Michigan City public engagement session
website how you can interact during this meeting
06/23/2021
TRANSIT DEVELOPMENT DISTRICT PROPOSED DRAFT BOUNDARY
06/23/2021
Michigan City public engagement session
INTRODUCTION
3
4
PLANNING ENTITIES
City of East Chicago City of Gary City of Hammond City of Michigan City City of Portage
Northern Indiana Commuter Transportation District
City of South Bend Town of Beverly Shores Town of Chesterton Town of Dyer Town of Munster
Regional Development Authority
Town of Ogden Dunes Town of Porter
CONSULTANT TEAM
5
Role of the RDA ( Northwest Indiana Regional Development Authority )
Leading the Project
Overall Project Steering
Policy and Planning Guidance
Key steps that RDA will take working closely with each community
• Meet with communities to understand their goals and preferences for growth and development • Engage with the public through meetings and hearings • Collaborate with NICTD on parking and development topics • Conduct community analysis to prepare preliminary and final transit development district (TDD) boundary • Identify potential development and infrastructure opportunities • Shepherd the TDD boundary through the state approval process
MICHIGAN CITY CONTEXT
6
7
THE REGIONAL SIGNIFICANCE A catalyst for growth and economic development
9,460,000 819,537
Chicago MSA Population (3rd Largest in USA)
NW Indiana MSA Population (2nd Largest in Indiana)
Chicago MICHIGAN INDIANA
SOUTH SHORE DOUBLE TRACK
WEST LAKE EXTENSION
Michigan City
$2.3 BILLION* 6,000* $3+ BILLION* Private Investment
* Projected
ILLINOIS
INDIANA
South Bend
New Jobs
Economic Impact by 2046
8
THE LINES AND STATIONS South Shore Double Track Project
25 MILES 16 MILES
Lake Michigan
Project Area
90
MICHIGAN
New Second Track
South Shore Line Double Track Project
MICHIGAN CITY
Estimated cost: $455M Status: Design and engineering work Funding: January of 2021 ($173M FTA Grant awarded Jan 2021)
20 35
BEVERLY SHORES EAST CHICAGO
94
90
HAMMOND
41
MUNSTER
DYER
ILLINOIS
OGDEN DUNES
INDIANA
BURNS HARBOR PORTAGE
GARY 95 65
94
PORTER CHESTERTON
80
9
THE LINES AND STATIONS West Lake Corridor Project Lake Michigan
MICHIGAN
90
MICHIGAN CITY
20 35
BEVERLY SHORES EAST CHICAGO
94
OGDEN DUNES
90
HAMMOND
BURNS HARBOR PORTAGE
GARY
94
PORTER CHESTERTON
95
41
65
MUNSTER
West Lake Corridor Project DYER
9 MILES Rail Extension
ILLINOIS
INDIANA
Estimated cost: $852 million Status: Under construction and full funding grant agreement in place Funding: Fall of 2020 ($100M FTA Grant awarded in May 2020)
80
10
THE LINES AND STATIONS West Lake Corridor & South Shore Double Track Projects
25 MILES 16 MILES
Lake Michigan
Project Area
90
MICHIGAN
New Second Track MICHIGAN CITY
South Shore Line Double Track Project Estimated cost: $455M Status: Design and engineering work Funding: January of 2021 ($173M FTA Grant awarded Jan 2021)
20 35
BEVERLY SHORES EAST CHICAGO
94
OGDEN DUNES
90
HAMMOND
BURNS HARBOR PORTAGE
GARY
94
PORTER CHESTERTON
95
41
65
MUNSTER
West Lake Corridor Project DYER
9 MILES Rail Extension
ILLINOIS
INDIANA
Estimated cost: $852M Status: Under construction and full funding grant agreement in place Funding: Fall of 2020 ($100M FTA Grant awarded in May 2020)
80
Transit and Community Growth 3 Highland Park Metra Station
Elmhurst Metra Station
2
6 Maywood Metra Station
The transit development districts around various suburban train stations in the Chicagoland area have seen significant improvement in real estate development activity since the development/ redevelopment of the station…
Berywn Metra Station (BNSF Line) – 2008
1 2 3
120K SF
+37%
Population Growth
Total New Construction
Real Estate Value Change
Elmhurst Metra Station (UP-W Line) – 2006
+11%
640K SF
+40%
Population Growth
Total New Construction
Real Estate Value Change
0%
640K SF
+43%
Population Growth
Total New Construction
Real Estate Value Change
Orland Park Metra Station (SWS Line) – 2007
CHICAGO
4 MICHIGAN CITY
Romeoville Metra Station
+5%
Highland Park Metra Station (UP-N Line) – 2009
1 Berywn Metra Station
5
11
4 Orland Park Metra Station
5
DYER [1] Population growth in the 1 mile radius between 2000 and 2020 (estimate). New construction and Real Estate value change are measured in a 1 mile radius between time of TOD reinvestment or construction to August 2020. [2] KPMG note the Romeoville Metra Station new construction data is measured by a 3-mile radius, unlike the other stations 1-mile radius measure due to its more rural location. Sources: ESRI, CoStar Analytics, and other publicly available databases.
1.2M SF
+37%
Population Growth
Total New Construction
Real Estate Value Change
Romeoville Metra Station (HC Line) – 2018
GARY
MUNSTER
+17%
0%
316K SF
+3%
Population Growth
Total New Construction
Real Estate Value Change
Maywood Metra Station (UP-W Line) – 2017
6
0%
415K SF
+5%
Population Growth
Total New Construction
Real Estate Value Change
Agenda What we will discuss
1 Transit development district boundary basics 2 Transit development district boundary process 3 Michigan City goals, unique qualities and current conditions 4 Michigan City Station DRAFT TDD boundary
12
13
Agenda How we will obtain public input
Live polling
Website - www.nwitdd.com Targeted questions during presentation
Moderated Q+A
Submit questions during presentation via web or notecard (Will be answered at end of meeting)
Find video recording of meetings and Q+A responses, gallery materials in English and Spanish (also located at Michigan City Hall - COVID precautions pending), additional polling, and ability to contact us
1
TRANSIT DEVELOPMENT DISTRICT BOUNDARY BASICS
what you should know
What is a TDD? Transit Development District
The main focus is on promoting Transit-Oriented Development. Transit development districts provide economic tools and strategies to support local communities to implement high-quality transit-oriented development. The goal is to create a boundary calibrated specifically for each community based on analysis, areas of opportunity and the goals and visions of the community.
15
16
This isn't just a boundary. It complements the economic growth path of communities.
17
Clarifying the TDD
TDD IS...
TDD IS NOT...
A 1/2 mile (320 acre) special economic development district approved by the State Budget Committee
Zoning or comprehensive planning
An effort to realize economic development in Northwest Indiana communities Formed by an analysis process that includes community-wide input, best practices and market analysis
A city or town-sponsored planning process Eminent domain A partnership with developer or realtor A project designed to gentrify or to create low-income housing NICTD South Shore Double Track or West Lake rail projects
Statutory Requirements
Transit development districts are contiguous boundaries drawn around station areas, and must be no more than 0.5 square miles (320 Acres) in area.
18
Boundary Parameters and Geographic areas Illustrative Example - Not an actual proposed boundary
19
Statutory Requirements
Transit development districts capture the incremental growth in local income and property tax revenue, for use in public investment related to the station area.
20
TDD Revenue Parameters
Revenue collected from the district – is spent in the district. Local community retains land use and zoning control.
21
TIF AND TDD TOGETHER TDD Function A TDD permits the capture of incremental property tax and local income tax revenues for the development of the area around the transit station The incremental revenue that is captured can only be used within the same district (e.g. increment captured in Michigan City will be spent in Michigan City) After the TDD expires, all of the TDD increment is transferred to the tax base If a TDD and a TIF overlap, the split of the incremental revenues between the TDD and TIF are negotiated by the RDA and the RDC (controlled by the Michigan City RDC in Laporte County)
22
Statutory Requirements
After consultation with local communities, two public hearings must be held before the RDA approves the TDD boundaries for review and approval by the State Budget Committee.
23
MEMORANDUM OF UNDERSTANDING (MOU) How will an MOU take place? An MOU within the TDD process functions much like a “developer agreement” in the negotiations between a municipality and a project developer as an investment is taking place. An MOU will be between the NWI RDA and the municipality or municipalities over which the TDD extends An MOU must have legal status to bind both the RDA and the unit of government to allow for debt obligations to be issued on the basis of the underlying revenues which it controls; and therefore, may be required to be passed by the legislative body of the municipality or county
24
2
TRANSIT DEVELOPMENT BOUNDARY PROCESS
how we’re arriving at the study area
TDD Boundary Process
26
TDD Boundary Process
27
28
Defining the TDD Boundary The criteria we are using
Quantitative
Qualitative
Station context | Utilities | Walkability/connectivity
Redevelopment potential | Community desires
Cultural or civic assets | Barriers to redevelopment
Previous planning findings | Community vision
Buffers | Zoning restrictions
Future/planned projects | Understanding the needs of a historically underrepresented community
Area Specific Site analysis | Location analysis | Legal analysis Zoning/future land use | Potential property tax yield Existing public debt obligations | Impact
29
Area Development Opportunity Criteria Our area development opportunity criteria included the following... Current use
Proximity to station
Acreage
Ownership
Vacancy status
(Developable acreage)
(Public vs private, single vs. multiple)
(Occupied vs vacant lot/ building and notable condition)
Future land use or planned use
Zoning / allowable density / parking
Access / location / walkability
Conditions
TIF district / Opportunity Zone status
Comprehensive impact
(Utilities, infrastructure, flood/ wetland, slope, brownfield issues, other)
Places within and adjacent to the Boundary
ADAPTIVE REUSE
PRESERVE
INFILL
STRENGTHEN
REDEVELOP
30
3
MICHIGAN CITY GOALS, UNIQUE QUALITIES AND CURRENT CONDITIONS
understanding your community
Collaboration with the Community Understanding opportunities around the station
32
Collaboration with the Community Understanding Michigan City
33
MICHIGAN CITY ECONOMIC DEVELOPMENT GOALS 1
Support development and redevelopment of architecturally significant structures that attract good employers and increase the City’s value.
2
Focus attention on improving older established areas of the city where it costs less to build.
3
Bring vibrancy and pride back to neighborhoods that may have felt forgotten or neglected.
4
Work to make Michigan City a thriving community, able to compete globally for commerce and quality of life.
34
35
CURRENT CITY PLANNING City and Countywide ENHANCE THE URBAN CHARACTER OF DOWNTOWN AND ITS SURROUNDING NEIGHBORHOODS Promote high density mixed-use development around the 11th Street Station as a potential catalyst for growth and redevelopment downtown Expand bicycle and pedestrian infrastructure and connectivity to the SS station Prepare an adaptive reuse study for the Franciscan Health Michigan City North Campus Improve the Michigan Boulevard corridor through the Eastport neighborhood Increase housing choice by ensuring a variety of housing types, such as Missing Middle Housing Foster walkable, neighborhood-scale commercial/ retail development, located in village-style settings in neighborhood cores or along major streets. Countywide Land Development Plan, 2010 / Midtown Quality of Life Plan, 2016 / Michigan City 2040 Comprehensive Plan, 2018 / Eastport Quality of Life Plan, 2016 / Michigan City Downtown Action Agenda, 2013
Momentum: Michigan City 2040 Comprehensive Plan
CURRENT CITY PLANNING RE-ESTABLISH DOWNTOWN AS AN ENTERTAINMENT DESTINATION
Create a branding strategy for Michigan City Create a year-round destination district around the public library Develop a trolley service around downtown
Enhance the Uptown Arts District along Franklin Street
Lake Michigan Gateway Implementation Strategy, 2014
36
NICTD STATION PLANNING PLANNED SPACES Garage
426 standard and 9 ADA spaces Initial build out includes ground, second and third (roof) levels
East lot
104 standard spaces + 4 ADA
South lot (existing) 31 standard spaces
PARKING NEEDS Opening day
503 spaces (573 planned)
2040
889 spaces
Future state
When NICTD is at 85% capacity, Michigan City will expand parking by 300-1,000 more spaces. At this point, the garage could be expanded by two levels or surface lots could be expanded
37
Understanding Existing Conditions Qualitative and Quantitative Analysis
38
4
MICHIGAN CITY STATION DRAFT BOUNDARY
for community consideration
MICHIGAN CITY CONTEXT
40
De
Ce
da
rS
t re
rin
et
Sp
g
St
re
et
Pi
ne
St
re
et
Fr an kl
in
St
re
et
Station Area Context 41
tr
oi
t
St
re
et
NICTD Station STATION Planning PLANNING
42
43
44
45
46
47
48
49
50
51
52
Complementary Community Growth
53
Complementary Community Growth
54
Places within and adjacent to the Boundary
ADAPTIVE REUSE
PRESERVE
INFILL
STRENGTHEN
REDEVELOP
55
56
This isn't just a boundary. It complements the economic growth path of communities.
VISIT THE TDD WEBSITE
also linked on the RDA’s main website
learn more and follow this process
Next Steps
1 VISIT GALLERY ONLINE AND AT CITY HALL 2 VISIT WEBSITE (www.NWITDD.com) 3 REFINING BOUNDARY WITH MICHIGAN CITY 4 RDA BOARD PUBLIC HEARINGS 5 STATE BUDGET COMMITTEE REVIEW AND APPROVAL
58
Q&A
we appreciate your time and comments