Fenway - Kenmore: Comprehensive Planning & Public Finance

FENWAY-KENMORE | BOSTON, MA

NICK KUNZ | HARVARD UNIVERSITY GRADUATE SCHOOL OF DESIGN [2012] CONCEPT - URBAN CORE

URBAN ENVIRONMENT

PARK IMPROVEMENTS

DOWNTOWN IDENTITY

RECONNAISSANCE - MARKET STRENGTH + DEVELOPMENT ACTIVITY

CHARLESTOWN CAMBRIDGE

NORTH END ALLSTON

POPULATION

AVG PERSONS / HOUSEHOLD

APPROX NUMBER OF HOUSEHOLDS

AVG HOUSEHOLD INCOME / YR

APPROX PURCHASING POWER / YR

150,084 69,736 18,259

1.6 1.6 1.6

93,803 43,585 11,411

$150,084 $ 69,736 $ 54,163

$14,078,329,453 $ 3,039,443,560 $ 618,053,993

($ 53,000 AMI)

EAST BOSTON

1.5 MILES

WATERTOWN

1.0 MILES

BEACON HILL DOWNTOWN

0.5 MILES

BROOKLINE

BACK BAY

LONGWOOD FENWAY/KENMORE CENTRAL VILLAGE SOUTH END

SITE SOUTH BOSTON PLEASURE BAY

HIGH STREET HILL

SPECTACLE ISLAND JAMAICA PLAIN LEGEND

ROXBURY

STONYBROOK

1 Family Residential 2 Family Residential 3 Family Residential Apartments/Condos Mixed Use Commercial Institutional Hotel

THOMAS ISLAND

DORCHESTER

4,198,000 FT^2

INSTITUTIONAL CLUSTER

6,563,296 FT^2

FENWAY CLUSTER

DEVELOPMENT ACTIVITY

TOTAL

Industrial Open Space Surface Parking

SITE SELECTION

DEVELOPMENT ACTIVITY DATA AVERAGES

HIGHEST CONCENTRATION OF ACTIVITY BY VOLUME + AREA + PROXIMITY

936,760 FT^2

67.2% 15.0% 10.6% 6.3% 1.0% .0008 Sp / $410 /

RESIDENTIAL OFFICE RETAIL HOTEL COMMUNITY FT^2 PARKING FT^2 COST

PLAN - DEVELOPMENT LAND

PLANNED AREA

INFRASTRUCTURE

EXISTING

BUILDINGS

EXISTING

5 10 4 REDEVELOPMENT AREA

SUBTRACTIONS

9

SUBTRACTIONS

3 16

8

2

15 7

1.

2.

3.

4.

5.

6.

7.

8.

9.

10.

11.

12.

13.

14.

15.

16.

17.

18.

14

6 PARK IMPROVEMENTS

ADDITIONS + IMPROVEMENTS

ADDITIONS

13

1

A

12

18

11

B CONTEXTUALIZED PROPOSITION

CONTEXTUALIZED PROPOSITION

CONTEXTUALIZED PROPOSITION

17

C

B

C

D

EXISTING USES

COHESION OF PROPOSED USES

DEVELOPMENT ACTIVITY DATA AVERAGES

67.2% 15.0% 10.6% 6.3% 1.0% .0008 Sp / FT^2 $410 / FT^2

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NICHOLAS HYEONG KUNZ | ANALYTICAL WORKS 2016

FT^2 FT^2 FT^2 FT^2 FT^2 FT^2 FT^2 FT^2 FT^2 FT^2 FT^2 FT^2 FT^2 FT^2 FT^2 FT^2 FT^2 FT^2

TOTAL 3,662,004 FT^2

D

A

320,000 216,950 187,700 209,083 192,175 216,950 304,700 407,983 303,008 64,628 266,688 237,608 155,625 241,386 158,131 34,438 22,960 121,991

2025 MARKET DISTRIBUTION TRAJECTORY

RESIDENTIAL OFFICE -3.2% RETAIL -0.6% HOTEL +3.7% COMMUNITY CENTER PARKING +!.0% COST -.0007 Sp / FT^2

RESIDENTIAL RETAIL HOTEL CULTURAL CENTER PARKING

PLANNED BUILDING MORPHOLOGY

PHYSICAL MANIFESTATION OF 2025 MARKET DISTRIBUTION TRAJECTORY

64.0% 15.0% 10.0% 10.0% 1.0% 1.0% .0008 Sp / FT^2 $410 / FT^2

RESIDENTIAL OFFICE RETAIL HOTEL COMMUNITY CENTER CULTURAL CENTER PARKING COST

CAPITAL

IMPLEMENTATION - FINANCE

MUNICIPAL BONDS

SPREAD

BOSTON REDEVELOPMENT AUTHORITY

FENWAY FUND 33% OF TOTAL DEVELOPMENT COST

COMMUNITY

INVESTMENT OPPORTUNITY

DEVELOPERS

12.5% PERPETUAL STOCK OF AFFORDABLE HOUSING ON-SITE PARK+ INFRASTRUCTURE

ROUGH PROPORTIONALITY OF AFFORDABLE ON-SITE RETAIL

IMMEDIATE ACCESS TO BANK RATE FINANCING

NO IMPACT FEES

INVESTMENT OPPORTUNITY

CULTURAL CENTER LEED CERTIFIED BUILDINGS

10.5% / YR

4% / YR 6.5% / YR NICHOLAS HYEONG KUNZ | ANALYTICAL WORKS 2016

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