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Meeting Packet - DMC - 8/1/2011 DOWNTOWN MANAGEMENT COMMISSION August 1, 2011 5:30 p.m. Regular Meeting Council Chambers, 1777 Broadway AGENDA 1. Roll Call 2. Approval of July 11, 2011 Meeting Minutes 3. Public Participation 4. Police Update 5. Parks Update 6. BID Update 7. Presentation on Downtown Development and Parking Projections and DT5 Zoning Changes 8. Public Hearing and Consideration of a Motion to Recommend to City Council the Adoption of the DUHMD/PS Capital Improvement Program 9. Matters From Commissioners 10. Matters From Staff • Capital Improvement Program Update - RRC and Bill Fox • Capital Investment Strategy (Ballot Item) Update • Downtown Garage Signage and Enhancement Project • Civic Use Pad Update Attachments • January - June 2011 Financials • Police Stats -July 2011 • Downtown Boulder Open/Close List • DT5 Memo to Planning Board • Capital Investment Strategy First Reading Memo 2011 DUHMD/PS Areas of Focus 2011 DMC Priorities • CAGID Capital Plan Phase II • Establish a Sustainable Maintenance and • Hill Redevelopment Improvement Fund for the Pearl Street • Downtown Improvements Mall and Downtown Streetscape. • Civic Use Pad Support Civic Use Task Force • Boulder Junction Access and Parking Recommendations and Participate in Civic Districts Master Plan/"SoDA" Study. • Encourage Vitality and Excitement of Downtown Boulder as a Revenue Generator and the Heart of the City. Mission Statement: We serve the downtown, University Hill and affected cormmmities by providing quality program.. parking enforcement. maintenance and alternative modes services through the highest level of customer service, efficient management and effective problem solving. CITY OF BOULDER, COLORADO BOARDS AND COMMISSIONS MEETING MINUTES FORM NAME OF BOARD/COMMISSION: DOWNTOWN MANAGEMENT COMMISSION NAME/TELEPHONE OF PERSON PREPARING SUMMARY: Ruth Weiss - 303-413-7318 NAMES OF MEMBERS, STAFF, AND INVITED GUESTS PRESENT: BOARD MEMBERS: CORNELIUS, KOVAL, McMULLEN, PATTERSON STAFF: "'INTER, CUNNINGHAM, JOBERT, WEISS, LANDRITH, WEINHEIMER, LA HAIE, MARTIN GUESTS: SEAN MAHER TYPE OF MEETING: OFF SITE July 11, 2011 AGENDA ITEM 1- Roll Call: Meeting called to order at 5:26 p.m. AGENDA ITEM 2 - Approval of the May 2 and June 8, 2011 Minutes: (See Action Item Below) AGENDA ITEM 3 - Public Participation: None AGENDA ITEM 4 -Police Update: Weinheimer commented on the activity on the mall, calls for service were down from last year with the biggest decline in the area of theft. Cunningham questioned the number of times the Drug Task Force had been out and Weinheimer responded with two. AGENDA ITEM 5 - Parks Update: La Hale discussed the Tulip Bowl Giveaway on August 11 at 11 am working to repair the mall snail's broken antennae, all planting is complete for now. Lane questioned graffiti and La Haie replied that a new officer was not aware that any graffiti was not appropriate but this instance it was caulk. Koval complimented Parks on the Family Gathering Area remodel. AGENDA ITEM 6 - BID Update: Maher mentioned that Downtown Boulder is starting their busiest week this week. Power washing will be done in the alley later in the week and DT5 FAR zoning with Wittier neighbors taking a stance against a third floor at 1600 Pearl Street. Office and retail vacancy remains low. Winter commented on Portland. Oregon's downtown with its pushcarts/hand carts for distributing brochures and that the carts go where people go. Cornelius questioned the problem with the third floor development on Pearl and was informed that the Whittier neighbors thought it was too tall. Koval mentioned that Adams was helpful with the Whittier graffiti. Maher mentioned that speaking with one of the Whittier neighbors, they are considering the ground floor for office space and eliminating retail altogether. Koval questioned Open Arts festival and the elevated level of the arts to be presented. Maher continued that at Open Arts, there will be a beer garden. AGENDA ITEM 7 - Matters from the Commissioners: Patterson commented that she has seen lots of people downtown: McMullen mentioned the Civic Use Task Force and a meeting with Kociolek and Morzel. McMullen offered that council questions were passed on. Mid year recruitment to take place with Dahl resigning from DMC. Koval complimented Dahl on her input to the commission; Standing Committee positions were discussed. Patterson offered to be on the Marketing and Economic Development committees. AGENDA ITEM 8 - Matters from the Staff: Winter began the meeting by explaining the other meetings taking place tonight, 7:45 pm TAB meeting and Capital Investment Strategy Stakeholder Group meeting at 8:30 pm in the Muni Building. TAB has been asking for projects update and Winter will be discussing Travel Demand projects; an update to look at current and future downtown development and then look at parking projections and the readiness to perform. DT5 area along Canyon to 17t1i and includes the Camera building and it is proposed to add a FAR bonus for commercial use. RRC is developing development projections and has just sent out the increment and the impacts; Winter proposed that Koval and McMullen be on a subcommittee to review and make some planning assumptions. Winter continued with the downtown enhancement update and strategy meeting later in the evening and encouraged members to attend. The proposal includes downtown enhancements worth 2.5 million dollars with 4 or 5 projects. McMullen questioned the increase of the bond and that it is not competing with other projects. Winter responded that it is still a question. McMullen commented that this is the next step and DMC needs to support it. Matthews commented that Pictoform was selected to do the signage project, they are out of Vancouver, Canada, the process would be to bring them out and meet with the downtown stakeholders to get a feel for what Pictoform would do and the budget was kept. Painting may happen first, paint while the concrete is warm and the look at gate operations and signage. Matthews continued that Pictoform package was available for review by the commission. Patterson questioned the signage, if it would include way finding and Matthews responded that it will direct traffic to other garages. Patterson questioned if local companies submitted bids. Matthews replied that Pictoform brought a lot to the table and presented clear vision. Cornelius added that the local firms did not have clear visions. A consultant will be sent to review ingress and egress along with the signage. Matthews continued with the forthcoming Boulder Junction garage to be erected and wants to incorporate the new direction in its design. New mall vendors were discussed. Jobert mentioned that the unsold parking permits, from the recession's peak, have sold and currently there is a wait list for all garages. Short term revenue on street parking and in the garages is up; not looking for any spending reduction which is the first in the last three years. Hoping to encourage the 29`h Street Mall patrons to do lunch in downtown Boulder. Koval heard that locals eat at 11:30 am at the Mod Market and how to play off of it. Meeting adjourned at 6:35 p.m. ACTION ITEMS: MOTION: McMullen motioned to approve the May 2 and June 8, 2011 meeting minutes. Cornelius seconded. Approved unanimously. MOTION: DMC strongly encourages the Capital Investments Strategy Stakeholder Group to adopt and consider for funding the downtown commercial district improvements investments as the nest step in the downtown revitalization. Patterson seconded. All commissioners were in favor. FUTURE MEETINGS: August 1, 2011 Council Chambers Regular Meeting APPROVED BY: DOWNTOWN MANAGEMENT COMMISSION Attest: Ruth Weiss, Secretary John Koval, Chair 2 MEMORANDUM TO: Downtown Management Commission Molly Winter, Executive Director FROM: Donna Jobert, Financial Manager SUBJECT: January - June 2011 Revenue and Expenditures DATE: 7/2612011 Shown below is a summary of January-June 2011 revenue and expenditures. The 2011 budget and 2010 actuals are shown for comparative purposes. Revenue received is 58% of budget YTD for 2011. Short term garage revenue is ahead of budget year to date and nearly $88k higher than the same time last year Long term permit revenue is near budget to date. and $59k higher than the same time last year. In 2011, there is a difference between the amount of street meters budgeted in CAGID and the total amount budgeted. This difference is due to "bifurcation The total revenue budgeted in 2011 meters is $2,150,000 but the GF transfer to CAGID is $1,350.000. The $800.000 difference in meter revenue will remain in the General Fund. While on street meters are running 6% higher than 2010, CAGID will only receive the amount budgeted. Rental income is slightly above last year. Vacancies continue; many of the leases have been reworked to help tenants and upgrades are being covered with the lease revenue. Property tax is about even with last year. 1000 Walnut tax revenue is below 2010. Taxes are coming in higher than 2010. In 2010 we received aback payment of $127k from the St Julien for maintenance. CAGID Jan-Jun 2011 REVENUES Jan-Jun 2011 2011 Jan-Jun 2010 Revenue Approved % of 2011 Revenue 2010-2011 2010-2011 ACCOUNT Collected Budget Budget Collected Collected $ Difference % Difference Property Tax 736,952 1,014,829 72.6% 737,279 (327) 0.0% Specific Ownership 20,424 66,625 30.7% 20,716 (292) -1.4% Subtotal TAXES $757,376 $1,081,454 70.0% $757,995 ($619) -0.1% Broadway/ Spruce 86,176 165,000 52.2% 78,094 8,082 10.3% 15th & Pearl/ S. T. 96,499 178,000 54.2% 79,907 16,592 20.8% 11th & Spruce/ S.T. 169.523 320,000 53.0% 159,857 9,666 6.0% 11th & Walnut/ S.T. 118.442 225,000 52.6% 102,632 15,810 15.4% 14th & Walnut/ S.T. 46.239 75,000 61.7% 38,509 7,730 201% 10th & Walnut/ S.T. 158.560 280,000 56.6% 146.924 11,636 7.9% Validation Stamps 38.192 65,000 58.8% 32.605 5.587 171% Garage 20 day Pass 27,000 31,875 84.7% 16,000 11,000 68.8% Cash Pass/Value Card 5,261 6,500 80.9% 3,825 1,436 37.5% Subtotal SHORT TERM PARKING $745,892 $1,346,375 55.4% $658,353 $87,539 13.3% 11th & Spruce/ Permits 182.863 357,220 51.2% 184,065 (1,202) -0.7% 14th & Walnut/ Permits 151,426 321,180 47.1% 110,378 41,048 37.2% 14th & Canyon 28,293 56,100 50.4% 26,416 1,877 7.1% 10th & Walnut 261,115 514,100 50.8% 255,778 5,337 2.1% 11th & Walnut/ Permits 135,253 259,700 52.1% 139,200 (3.947) -2.8% 15th & Pearl/ Permits 344,804 727,160 474% 326,521 18,283 5.6% 177514th 21,130 44,220 47.8% 22,636 (1,506) -6.7% 174514th 33,065 72,600 45.5% 35,178 (2,113) -6.0% Wait List/Over-Under/CC fees 1,470 0 200 1,270 635.0% Subtotal LONG TERM PARKING $1,159,419 $2,352,280 49.3% $1,100,372 $59,047 5.4% Tokens 5,900 9,000 65.6% 4,830 1,070 22.2% Meterhoods 19,026 22,000 86.5% 7,462 11,564 155.0% Cash Key 271 0 -9 280 -3111.1% Meters (Transfer from G.F) 1,153.851 1.350.000 85.5% 1,085,086 68,765 6.3% One Boulder Plaza 0 15.625 0.0% 7,813 (7,813) -100.0% Subtotal METERS $1,179,048 $1,396,625 84.4% $1,105,182 $73,866 6.7% Interest 16,919 23,500 72.0% 15.817 1,102 7.0% 10th and Walnut TIF/Interest/Misc 597,446 1,361,000 43.9% 674,893 (77,447) -11.5% Rental Income-11th & Spruce 17,708 54,000 32.8% 12,259 5,449 44.4% Rental Income-15th & Pearl 52,075 166,000 31.4% 49,126 2,949 6.0% Rental Income-Kiosks 12,755 44,000 29.0% 13.558 (803) -5.9% Rental Income - ATM Randolph 480 1,600 30.0% 507 (27) -5-3% Miscellaneous 15,129 19.203 78.8% 20,704 (5.575) -26.9% TOTAL $4,554,247 $7,846,037 58.0% $4,408,766 $145,481 3.3% CAGID Jan-Jun 2011 EXPENSES Expenditures for 2011 equal 29.7% of budgeted expenses and are $$1,290.477 below last years expenditures at the same point. Operating expenses are 40% of budget to date. Major variances are due to timing of an annual payment to DBI and moving a .5 FTE to the General Fund. Non operating variances are primarily due to garage improvements which are slated to begin later this summer, a reduction in debt interest due to refinancing a bond in 2010, capital funding for Bcycle and timing of improvements on the mall. Eco Pass is also higher due to an increase in the per person charge from $111 per person to $125 per person in 2011. We are not anticipating a reduction in expenditures in 2011 as revenue continue to be on budget, but, will the trends watch closely Jan-Jun 2011 2011 % of 2010 Jan-Jun 2010 2010-2011 2010-2011 ACCOUNT Expense Budget Budget Expended Expense $ Difference % Difference Parking Svcs Personnel 423,861 858.567 49.4% 416.268 7.593 1.8% Parking Svcs Non-personnel 329,295 982,926 33.5% 347,441 (18,146) -5.2% DUHMD Personnel 246,972 557,640 44.3% 268.990 (22,018) -8.2% DUHMD Non-personnel 97,581 324,920 30.0% 76.939 20.642 26.8% BID/DBlcontractual Services 21,747 67.536 32.2% 0 21.747 #DIV/0! Subtotal OPERATIONS $1,119,457 $2,791,589 40.1% $1,109,638 $9,819 0.9% Cost Allocation/Benefit fund/transfers 109.527 219.053 50.0% 106,131 3,396 3.2% Debt Service 119.800 1,005,817 11.9% 196,287 (76,487) -39.0% 10th & Walnut construct/Debt Service 178,289 920,118 19.4% 186,539 (8,250) -4.4% 10th & Walnut excess Tax Increment 0 816,766 0.0% 0 0 #DIV/0! Mall Improvements 191,191 342,809 55.8% 504,966 (313,775) -62.1% Capital Maintenance/Improvement 70,677 1,645,841 4.3% 1,094,034 (1,023,357) -93.5% Eco-Pass Prog. 746,720 792.173 94.3% 678,543 68,177 10.0% Bcycle Capital Investment 50,000 0 #DIV101 0 50,000 #DIV/0! Capital Replacement Reserve 0 177,775 0.0% 0 0 #DIV/0! TOTAL $2,585,660 $8,711,940 29.7% $3,876,137 ($1,290,477) -33.3% COMMERCIAL AND RESIDENTIAL MALL POLICE CALL STATISTICS MONTH Assault Auto Theft Burglary Crim. Mis. Crim. Tres. Disturbance Domestic Drunk DUI Felony Menaci Fight 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 January 5 12 3 2 1 4 5 1 15 9 1 21 12 2 8 5 February 4 4 2 1 5 6 3 2 6 10 4 2 23 9 3 3 10 6 March 5 3 1 1 2 1 2 1 17 11 3 2 15 9 7 2 5 5 April 2 1 2 1 5 8 7 3 2 11 8 2 4 7 May 6 6 1 1 2 4 1 15 8 1 1 17 8 4 3 4 4 June 5 7 2 2 1 2 3 7 16 9 2 10 13 2 1 7 11 July 6 1 2 2 1 5 4 1 13 8 1 7 10 3 1 2 4 2 August 8 1 1 3 13 9 5 7 September 10 2 3 1 2 11 3 16 4 13 October 2 1 4 4 14 16 4 12 November 4 2 1 5 2 10 21 2 8 December 3 1 2 2 1 11 2 19 2 5 MONTH Fireworks Hang Ups Harassment Indec. Exp. Liq. Law Vio. Littering Loitering Narcotics Noise Open Door Party 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 January 7 3 7 2 1 2 2 3 2 2 5 1 2 February 4 5 5 5 1 3 2 3 1 1 3 2 4 3 March 4 9 6 4 1 2 3 1 3 1 2 8 2 April 6 3 3 2 1 3 3 1 2 5 7 3 3 May 10 6 5 3 1 5 2 1 2 4 12 3 3 June 8 7 10 4 1 1 6 7 4 3 18 16 4 1 July 5 7 6 8 2 2 10 5 4 3 14 10 4 2 August 7 6 4 7 4 6 1 September 9 3 6 3 1 1 1 October 8 7 1 1 5 2 7 2 2 1 1 1 November 1 16 12 2 $Sh December 8 5 3 5 1 wler Robbery Sex Assault Shoplifting Stabbing Suicide Suspicious Theft Trespass Weapon MONTH Pro 2010 2011 2010 2011 2010 2011 2010 2011 211 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 January 1 2 12 14 17 10 2 February 3 10 10 9 9 1 March 2 3 19 18 10 8 April 1 1 1 3 1 18 8 5 13 May 1 2 2 1 12 18 9 14 June 2 1 29 21 4 3 July 1 30 14 3 7 August 1 r20 6 September 1 1 1 9 2 October 1 1 9 November 2 12 December 10 Opened in 2011 Business Number Street Open Date Notes Pizzeria Locale 1730 Pearl St 15-Jan-11 Moved - Buffalo Exchange 1813 Pearl St 20-Jan-11 Microsoft - Bing Mobile 1900 15th St 1-Mar-11 Green Piece Pipe and Hydro 1200 Pearl St 1-Mar-11 Ozo 1015 Pearl St 20-Jan-11 Shambla 1521 Pearl St 15-Jan-11 Frasca's II Caffe 1720 Pearl St 15-Mar-2011 Piece Love Chocolate 805 Pearl St 20-Mar-2011 Where Bayleaf Was Steve Madden 1142 Pearl St 20-Mar-2011 Define Defense 1805 11th St A 1-Apr-2011 Arete Julie Kate Photography 1805 11th St B 1-Apr-2011 Arete Hip Consignment 1468 Pearl St 15-Mar-2011 Where Subway Was IsupportU 1825 A Pearl St 1-Apr-2011 Posh 1468 Pearl St 1-Apr-2011 Wine & Painting (on 15th/Pearl) The Yellow Deli 905 Pearl St 20-Apr-2011 Elm and Oak 2037 13th Street 28-Apr-2011 design firm/redord label Style by Boulder Interior Design 2015 10th St 25-May-2011 Gaiam 1215 Pearl St 31-May-2011 Where Chicos Was Los Osias 2027 13th St 11-Jun-2011 Replaces Draft House The Kitchen Next Store 1039 Pearl St 11-Jun-2011 Shug's Low Country Cuisine 2017 13th St 1-Jun-2011 Where B side Lounge was Eclectix 935 Pearl St 11-Jun-2011 Antique Shop Lunieva 1500 Pearl St 15-Jun-11 from the owner of BolderWorld Closed or Moved in 2011 Business Number Street Closed Date Notes The Camera 1048 Pearl St 15-Jan-2011 Moved out of BID Crystal Dragon 1521 Pearl St Replaced with tibet/nepal shop Charlie and Watson 1825 Pearl St 15-Jan-2011 Juanita's 1043 Pearl St 30-Jan-2011 Colorado Draft House 2027 13th St 15-Jan-2011 Feather Thy Nest 1825 Pearl St 15-Mar-2011 Newton Gallery 1500 Pearl St 30-Mar-2011 Chicos 1215 Pearl St 1-Apr-2011 Moved Out of BID (to 29th St.) Bookends Cafe 1115 Pearl St 20-May-2011 new Rest. concept by John Platt Little Mountain 1136 Pearl St 30-May-2011 Outdoor Source 2027 Broadway 30-May-2011 Paper Doll 1141 Pearl St 1-Jun-2011 Great Awakenings 1717 15th St 1-Jun-2011 Boulder Nordic Sport 1717115th St 1-Jun-2011 Moved out of BID 1Oliv You and Me 2043 Broadway 1-Jun-2011 Studio One Dental 1610 Canyon 1-Jun-2011 Moved Lai's Alterations 2027 Broadway 5-Jul-2011 Moved out of BID Future Business Number Street Open Date Notes Cured Cheese Shop 1825 B Pearl St 3rd and Vine Design Antiques/On the East End CITY OF BOULDER PLANNING BOARD AGENDA ITEM MEETING DATE: August 4, 2011 AGENDA TITLE: Public hearing and consideration of a recommendation to City Council on the following proposed code changes downtown: 1. Add the option of a 1.0 floor area addition for non-residential uses in conjunction with a housing linkage fee in the Downtown-5 (DT-5) zone district, subject to Site Review. 2. Add a 65-foot supplemental setback from the centerline of the Canyon Boulevard right-of-way in zone districts Public (P) and DT-5, from 9th to 16th Streets. REQUESTING DEPARTMENT: Community Planning and Sustainability David Driskell, Executive Director Susan Richstone, Comprehensive Planning Manager Charles Ferro, Land Use Review Manager Louise Grauer, Senior Planner Sam Assefa, Urban Designer Molly Winter, Director, DUHMD/Parking Services City Attorneys Office David Gehr, Deputy City Attorney Public Works Maureen Rait, Executive Director Tracy Winfree, Director of Transportation Martha Roskowski, GO Boulder Program Manager Chris Hagelin, Senior Transportation Planner Bill Cowern, Traffic Operations Engineer Housing and Human Services Karen Rahn, Director Andy Proctor, Manager Housing Planning Michelle Allen, Housing Planner EXECUTIVE SUMMARY: The purpose of this agenda item is for Planning Board to consider recommendations to City Council on two code changes in the downtown, both of which were previously discussed by Planning Board at the March 17 meeting. The draft ordinance is in Attachment A. 1 Currently, the base floor area (FAR) in the Downtown-5 zone district (DT-5) is 1.7 with two floor area additions allowed: one for housing (.5) and one for parking (.5), or 1.0 FAR for housing if the parking addition is not used. The maximum FAR in DT-5 is currently 2.7 and is not proposed to be changed. Planning Board and City Council adopted code changes downtown and changes to the DoN,,ntown Urban Design Guidelines on March 17 and May 3, 2011. Staff's original analysis and recommendations in April 2010 identified the demand for additional Class A office space downtown and suggested it be given equal consideration with housing. This issue surfaced again in discussions related to the site redevelopment at l lth and Pearl. City Council, at its May 3 meeting, directed staff to bring back a proposal for a floor area addition for non-residential use in the DT-5 zone district as an option to the existing floor area addition for residential use. The community benefit for this additional non-residential floor area would be a housing linkage fee of $9.10 per square foot to be paid on the additional non-residential floor area. The housing linkage fee was analyzed by TischlerBise in the Development Excise Study 2008 (Sec Attachment B). In addition, Council requested staff to come back with a proposal to codify the 65 foot setback along Canyon Blvd from 9t' to 16th Streets that was adopted by Planning Board and City Council in the Guidelines. (See http://www.bouldercolorado.g,ov/index.php?option=com content&view=article&id=14191&It emid=260 for the revised minutes of the May 3 City Council meeting.) The analysis of the proposed change shows the following: • Through build out, there could be an additional 440,000 square feet of non-residential floor area: estimated to be 120,000 square feet in the next 5 years (2012-2016); 160,000 square feet in the 2017-2021 period and 159,389 square feet after that. • Through build out there could be an additional approximate 2000 trips per day resulting from the additional non-residential floor area. • The proposed change could result in a reduction in additional housing units downtown, from an estimated potential of 240 additional units to a potential 92 additional units. • The proposed linkage fee could generate approximately $7.7 million in affordable housing funds through build-out, which is $3.5 million less than what might be generated under the existing Inclusionary Housing (IH) in-lieu fee option if and when new units are added downtown. • Economically, the potential incremental increase in commercial space downtown could generate (at build-out) an additional $5.5 million per year in employee spending; $190,000 per year in new sales tax revenues; $51,000 per year to CAGID at build-out; and $43,000 to the Business Improvement District (BID). RECOMMENDATION Staff recommends the following: 1. Allow up to a 1.0 floor area addition above the 1.7 base FAR in the DT-5 zone district for non-residential uses subject to a housing linkage fee ($9.10 per square feet of 2 additional floor area). (Section 9-8-2 Floor Area Ratio Requirements for DT-5, and 4- 20-62 Affordable Housing Impact Fee, B.R.C. 1981) Rationale: This is the same structure and format of the existing residential floor area addition in the code for housing in the DT-5 zone. The maximum FAR of 2.7 would not change, so the maximum potential mass and bulk of future development in DT-5 is not being changed. The additional flexibility will allow the market to respond to a critical need in the downtown, while the linkage fee will create a community benefit in the affordable housing fund. 2. Add a 65-foot setback from the centerline of the Canyon Boulevard right-of-way from 9th to 16th Streets for properties in the P or DT-5 zone districts. (9-7-1 Setbacks and 4- 20-62 B.R.C. 1981). Rationale: This change was adopted in the Downtown Urban Design Guidelines (March 17 and May 3). By placing the setback in the code, it is established as a consistent requirement. BACKGROUND As part of the downtown code and South of the Downtown Area (SoDa) meetings, Planning Board and Council had several discussions about community benefit for additional floor area. Staff had included a list of potential community benefits in exchange for the additional nonresidential floor area in DT-5: • Cultural or artistic floor area (percentage of the lot area) • Publicly accessible open space: such as at-grade plazas, courtyards or rooftop spaces (percentage of the lot area) • Commercial Linkage Fee for nonresidential floor area (See Attachment B, Affordable Housing Excise Tax, TischlerBise, 2008) Although there was support for these other community benefits, the only one that can be implemented in a timely manner is the housing linkage fee since it has already been analyzed by TischlerBise. The other potential community benefits listed above would have to be further analyzed to establish the necessary nexus. Planning Board and City Council both adopted the 65-foot setback from the centerline of the Canyon Boulevard right-of-way (ROW) in the Guidelines. The setback included the option of an arcade condition, where the first floor is setback 65 feet from the centerline of Canyon, and upper stories would overhang the first floor setback from a range of 12 to 15 feet. City Council agreed with the urban design vision for the public realm focused on the south side of Canyon but wanted it to be part of a larger study from 9th to 16th Streets which would include city- owned property and the area of the Farmers Market. By codifying the 65-foot setback, the ability for future streetscape enhancements along Canyon Boulevard would be preserved. The setback would only apply to properties along Canyon Blvd which are redeveloping. The following meetings were held since the May 3 City Council meeting: 3 • Notification of the proposed code changes mailed to property owners adjacent to Canyon Boulevard. • A follow-up meeting with the Downtown Boulder Inc (DBI) policy committee July 27. • Design Advisory Board (DAB) met July 13 and discussed the proposed code changes. (Draft notes from the meeting in Attachment D.) • Met with three downtown boards at a joint meeting on June 8: DBI, Downtown Management Commission (DMC), and the Business Improvement District Board (BID) • Met several times with the property owner of 1580 Canyon. ANALYSIS 1. Change to the DT-5 Zone District Currently in DT-5 there is a 1.7 base floor area ratio (FAR) which can be used for either residential or non-residential uses. In addition, there is a potential .5 floor area addition for residential uses and a potential .5 floor area addition for parking uses, or 1.0 floor area addition for residential uses if the parking bonus is not used. The proposal is to mirror this DT-5 requirement: there would be a .5 floor area addition for non-residential uses or 1.0 floor area addition for non-residential uses if the parking bonus is not used in conjunction with a housing linkage fee for the additional FAR. The maximum FAR (2.7) would not change. The analysis of the potential addition to the DT-5 zone district to allow non-residential floor area in conjunction with a housing linkage fee and the impacts to the economy, the affordable housing program, parking services, and access to downtown are described below. Core Project Principles ➢ Respond to the changing needs of Boulder's downtown core to ensure that downtown remains a vibrant center of the city's economic, cultural and social life. ➢ Respond to the expressed community need for more and better office space in the downtown core. ➢ Acknowledge the market realities of delivering "market rate affordable" housing units in the downtown core given its high land prices (absent a high level of public subsidy). ➢ Recognize the value of downtown to the community at-large as well as to the community of downtown businesses, residents and property owners. ➢ Address the needs and desires of the surrounding neighborhoods in terms of transportation impacts. ➢ Ensure adequate and balanced access to downtown by all modes of travel. Data Analysis An update of existing and future estimated development in all of the CAGID area is scheduled to be completed in 2011. Since the change to DT-5 is being considered now, the initial analysis has focused on additional projected development and corresponding trip generation in the DT- 5 zone which is the downtown's highest density zone district. Projections and analysis for all of the CAGID area are anticipated to be completed within the next several months, including a parking study of existing supply and demand of parking downtown and projected parking demand based on development projections. 4 The maximum floor area ratio (FAR) intensity in DT-5 would remain at the current 2.7 for either the residential or nonresidential option. Most of the projects developed in the DT-5 zone district in the last ten years, however, have developed at a lower intensity than 2.7 and we would expect this trend to continue because of the physical and regulatory constraints of each site, including the provision of open space, setbacks, and parking access. See the diagram in Attachment E for the existing FARs of projects on the north side of Canyon Blvd in the DT-5 zone district. Projections The RRC report on development projections is included in Attachment F. In summary, under the existing zoning, through build-out, an additional 1.01 million square feet of development is projected, approximately 550,000 square feet of nonresidential space, and 460,000 square feet of residential space. The incremental commercial space under existing zoning is projected to house between 1,673 and 1,880 employees, depending on the employment intensity assumptions utilized. Employment will vary over time depending on market conditions. The incremental residential space is projected to result in approximately 240 residential units. This compares to 1.17 million square feet of development projected with the proposed DT-5 zone change, including approximately 990,000 square feet of commercial space, and 180,000 square feet of residential space. Under the proposed change to DT-5, the projected incremental commercial space, 990,000 square feet, could house between 2,240 and 3,160 employees and the incremental residential space is projected to result in approximately 92 residential units. The differences in development projections between the existing residential FAR policy and the proposed non-residential option are shown in the table in the report in Attachment F. Economy ➢ What are the potential economic benefits to the downtown of the proposed DT-5 changes? The additional property tax revenues to the Business Improvement District (BID) based on the proposed change and the additional non-residential uses, could add an estimated $43,115 annually by build-out, and to CAGID, an estimated additional $50,814. A survey from June 2011 showed that downtown employees spend an average of $86 per week in restaurants and shops. The increase in the number of employees downtown will have a positive impact for downtown businesses and corresponding sales tax revenues. By 2022, the total incremental expenditures could be $5.5 million annually with the resulting incremental annual sales tax revenues of $190,000. ➢ What would be the potential economic benefits to the community at-large? • Provide additional Class A office space to the Boulder commercial market. This market is limited and has a low vacancy rate, particularly in downtown Boulder. There are currently very few options for large floor plate office space in downtown Boulder. • Increase the likelihood of retaining existing Boulder primary employers, particularly those that are seeking Class A space or that prefer a central Boulder location. In some cases, these employers are choosing space in other communities in Broomfield and Boulder counties or elsewhere in the region and country because they cannot find 5 adequate choices in Boulder (especially those seeking upgraded or newer space). Business retention and expansion is a key goal of the city's economic vitality program. • Attract new start-up and mid-stage primary employers to the downtown area and to Boulder. These companies could support and strengthen Boulder's key industry clusters (aerospace, bioscience, IT/tech, clean tech, natural/organic products, and outdoor industry) and add to the community's "entrepreneurial density." • Taxes and fees generated by primary employers and employees benefit the Boulder economy and the city of Boulder, supporting services for the Boulder community. Primary employers often pay high wages in a wide variety of industry sectors. The companies pay taxes directly to Boulder and their employees patronize Boulder restaurants and shops, which also generates tax revenues. Access ➢ What would be the additional potential access demands that could result from this change? There are a number of reasons why downtown is an appropriate location for additional class A office space. From a policy perspective, the Boulder Valley Comprehensive Plan (BVCP) identifies the "historic downtown as the community's hub of economic, civic, cultural and social activity. It provides specialty shopping and restaurants, a center for civic activities, a central place for professional offices and banking, spiritual and educational facilities and an active area for the arts." The Downtown is also well-served by transit service and bike share programs. Commercial employees and residents have the highest mode share for alternative travel modes-bus, bike, and car pool-of any area in Boulder. For employees it is 63 percent. With such a high mode share, although additional employees downtown will create additional demand for parking and additional traffic impacts, these impacts would be much less than the same amount of new commercial development located elsewhere in the city. The alternative mode share for residents, at 73 percent, is twice the city-wide residential mode share due to the proximity to transit and walkable destinations. The preliminary transportation analysis from Fox Higgins is included in Attachment G. The increase in incremental trips per day at build-out, based on the change to the DT-5 zone which would provide the option of office development on the upper floors, is approximately 2000 additional trips per day. This trip generation number is based on the very high mode share for employees downtown. The downtown street grid is adequate to accommodate these additional trips without significant additional impact. Expanded and/or new transportation demand management (TDM) programs which will incentivize alternative travel modes and reduce the impacts of additional auto trips are being considered: • Eco Pass programs; • Car share and bike share programs; 6 • Additional transit service, and improvements to 14a' and Walnut RTD transit station, which could include a new bike station; and • US 36 bus rapid transit (BRT) improvements due to arrive by mid 2015. Management of parking supply and price are also critical to maintaining and increasing the downtown's alternative mode share in light of the DT-5 zoning changes. The following strategies are being considered to reduce long term parking demand: increasing the price of parking, unbundling parking, using variable- priced parking, and developing joint shared use of parking. These and other strategies will be discussed further for the downtown following completion of the 2011 parking utilization survey. Also, site specific TDM and parking management strategies will be considered through the site review process. Housing ➢ How many potential new housing units might result from the existing FAR bonus policy in the downtown core? Table 1 in the RRC report (Attachment F) shows 240 residential units projected at build out under the existing zoning, with an average unit size of 1650 square feet. This is based on the assumption of an overall average FAR of 2.3. This projection assumes approximately 46 percent of all incremental development will be residential. Currently, residential development represents 14 percent of the total existing downtown development. In the December 2008 analysis of downtown residential development by staff, 233 units were projected at 50 percent residential, very similar to the RRC report. At 75 percent residential, the 2008 study projected 355 units. The analysis by RRC of the proposed FAR policy change to DT-5 assumes continued but lower levels of residential development downtown, creating an additional 92 units through build-out. ➢ What might be the total potential contributions to the city's affordable housing program under both the existing policy and proposed new policy? In the first ten years of the Inclusionary Housing (IH) program, very few affordable units were created in the DT-5 zoning area. This is due to the high cost of land for development and the economic calculations developers make in order to recoup the costs of their land investment. Since 2000 when both the downtown residential floor area bonus and IH were put in place, 142 housing units were built in the downtown area. Twelve of these replaced existing units and as such had no affordable housing requirement for a total 130 new units. Inclusionary housing required 26 affordable units. Of these, half, or thirteen would be expected to be built on-site. Of the thirteen, four were built on-site, three single family homes were provided off site, and for six units, the developer contributed cash-in-lieu plus an additional 50% for an affordable unit required on-site but not provided on-site. Developers contributed cash-in-lieu at the standard rate for the remaining 13 required affordable units. 7 The comparison of an FAR addition for residential use with the corresponding cash-in-lieu (CIL) and an FAR addition for office use with the corresponding housing linkage fee shows that the city would receive more funding from the residential use. However, under either scenario less residential development is projected overall in the DT-5 zone in the next five years or so. Analysis Analysis was performed on two prototypical projects downtown to test the scenarios that may result using the following assumptions: Scenario 1: No change to the current code for DT-5 (IH); and Scenario 2: A mix of office and residential, based on the development assumptions in the RRC report, applying IH to the additional residential floor area and a linkage fee to the additional commercial floor area. Additionally, this level of analysis was performed across all development as projected in the DT-5 zone district in the RRC report (Appendix F). Prototypical project 1 is a lot of 21,500 square feet with a small existing building, and project 2 is a 41,500 square foot vacant lot. The results of this analysis are represented in the following table: Proposed Change to DT-5: Comparison between Residential and non- Residential Community Benefit - Cash Scenario 1 Scenario 2 Variance Residential Non-residential Addition No Change) Addition Complete $11,185,000 $7,721,000 ($3,463,000) DT-5 Area Prototypical $486,400 $349,200 ($137,800) Project 1 Prototypical $619,600 $354,900 ($264,700) Project 2 Affordable housing benefit is realized in either units or cash-in-lieu of units. In the downtown, few affordable units have been created due to the high cost of land for development and the economic calculations developers make in order to recoup the costs of their land investment. Consequently, the proposed change would have a neutral impact on the production of affordable residential units downtown. Most downtown projects contribute cash-in-lieu of units to meet their IH requirements. Community benefit in the form of cash contributions to the affordable housing fund are expected, although they would be at a reduced level with the proposed change. Summary As community benefit programs in the form of either a commercial linkage fee or IH would operate in parallel to each other, staff feels that adding a community benefit standard for non-residential development in the DT-5 zoning district will provide developers an 8 alternative manner in which to develop their properties, while at the same time capturing adequate community benefit for the Affordable Housing Program. Development Feasibility ➢ What would be the relative development feasibility for housing vs. commercial space under the existing and proposed FAR bonus options? The research detailed below indicates that with all things being equal, modifications to the density bonus to allow class A office space is likely to result in more commercial and less residential development in the DT-5 zone. This conclusion assumes that the only factor under consideration by a developer is the cost to comply with community benefit requirements, and does not include other factors such as current housing or office demand, costs of construction or developer return on investment. Cost In Boulder, the cost of development is higher for residential versus commercial development, due partially to the Inclusionary Housing (IH) requirement that 20% of units in any given residential development be provided in satisfaction of IH requirements (including the option of paying cash in lieu of providing units) and due to the residential parking requirement. In comparison, changes contemplated to the DT-5 zoning district anticipate that for commercial developments, a linkage fee of $9.10 per square foot will be applied to the additional floor area portion of the project. . Financing As capital markets around the country have experienced dislocations over the past several years, the availability of capital has been constrained for multifamily residential developments. Bank financing for these projects is typically now only accessible to the most solid developers with proven track records; therefore very few residential developers will qualify for financing. The Federal Housing Administration (FHA), a branch of the federal Department of Housing and Urban Development (HUD) is currently one of the nation's largest lenders for multifamily rental developments. Due to the number of projects in Boulder that are FHA- approved, as well as those funded by other means, the FHA is unlikely to finance a multifamily rental project in Boulder until existing FHA-funded rental projects have been leased-up. HUD does see Boulder as a market opportunity in part because of its low unemployment rates as well as a decline in vacancy rates and an increase in average monthly rents, but would likely delay approval of the finance of any new projects until existing projects are adequately leased up. Financing for commercial projects remain similarly constrained at present. While some banks are willing to provide financing, those qualifying are often those with the least need for bank-offered financing. Vacancy Commercial Chris Boston with Gibbons-White Inc. reported that there is very little availability of office suites of more than 7,000 square feet in size, which can pose a challenge for companies looking to move downtown. (Boulder County Business Report, June 24, 2011) The 9 Newmark Knight Frank/Frederick Ross First Quarter 2011 Boulder Market Report states that the market ended the year 2010 with flat absorption. While the first quarter of 2011 experienced a slight decline, the forecast is for moderate improvement over 2010, with leasing activity steady throughout the balance of the year and slight increases in rental rates expected later in the year. Additionally, the Downtown submarket continues to demand the highest rental rates among the seven Boulder submarkets. Residential-Rental Rental vacancy rates throughout Boulder remain extremely low, at 3.5% excluding the University Hill area according to the latest available data from the Colorado Division of Housing (4t1' Quarter 2010). Nonetheless, due to the high costs of land and the high costs of construction downtown the likelihood of rental housing development in the DT-5 area is considered low, at least in the short term. Residential-For Sale While the exact number of residential for-sale units on the market fluctuates in the DT-5 area, the Boulder Multi Listing Service (MLS) indicates a number of unsold units with prices below $2 million. With unsold for-sale units in the area, funding for construction of additional units may be difficult to obtain. Transaction Volume According to Micah McKee with AIP Commercial Real Estate in a letter written to Sean Maher of Downtown Boulder Inc. in June 2011, the total transaction and dollar volume for building dealings within the Boulder Business Improvement District (BID) has decreased, as with the rest of Boulder County. Within the Downtown BID, there was a drop in transaction volume by 98 percent in four years, from roughly $22.5 million to $400,000. Office Condominium transactions have performed better from a low of three transactions (2008) to a high of ten transactions (2010). Seven projects were completed in the downtown area between December 2007 and June 2011, adding 72,585 new square feet of office, retail and miscellaneous to the District. He noted that the demand for office space is substantially greater than retail space. Summary Construction funding remains constrained for development of new units in the residential or commercial categories. While financing may be obtained in either category, the terms may be prohibitive, or available only to the most well capitalized borrowers. Vacancy rates for rental housing throughout Boulder remain at extremely low levels, though land costs and the availability of financing point to difficulty in the development of rental housing in the downtown area. Difficulties in obtaining financing due to dislocations in the commercial real estate banking area as well as indications of unsold units downtown point to a small likelihood of condominium development in the DT-5 zone in the near term. While financing constraints also exist in the market for commercial real estate construction loans, there appears to be a shortage of larger-sized commercial space downtown. The market for downtown commercial space is also expected to improve moderately, and the demand for office space downtown appears to be stronger than for retail space. 10 While all categories of development thus appear to have present constraints, allowing a floor area addition for Class A office space in the DT-5 zoning district is expected to increase the relative attractiveness of this development alternative and provide needed flexibility for developers. Additionally, if the cost of compliance with Boulder's community benefit priorities is compared between IH on residential projects and a linkage fee on commercial projects, the linkage fee cost is projected to be less on a project by project basis. A reduced cost for complying with community benefit standards for development of Class A office space downtown should increase the relative attractiveness of this type of development option, while still providing resources to the Affordable Housing Program in support of the City's affordable housing goals. DT-5 Code Options The options for changes to DT-5 include the following: 1. No change to DT-5. Pro: No change, no additional impacts to parking and traffic downtown. Con: Does not provide additional class A office space downtown and related economic benefits. Does not provide additional benefit to the affordable housing program if residential development does not occur. 2. Change DT-5 to allow a maximum floor area addition of .5 for non-residential uses in conjunction with a housing linkage fee. Pro: Would result in half of the projected future increment of the development in the build-out analysis and fewer impacts-- number of employees and average trips per day. Con: Would not provide the additional amount of class A office space downtown and related economic benefits. 3. Change DT-5 to allow a .maximum floor area addition of 1.0 for non-residential use in conjunction with a housing linkage fee. Pro: Would provide the maximum amount of new class A office space downtown and related economic impacts. Con: Would generate approximately 2000 additional average trips per day which could result in increased traffic. 2. Codifying 65 foot Supplemental Setback from the Centerline of Canyon Boulevard Between 9th and 16th Streets Purpose As part of the adopted changes to the downtown zone districts and to the Guidelines approved by Planning Board and City Council (March 17 and May 3, 2011), a 65- foot setback from the centerline of the Canyon Boulevard right-of-way and corresponding conceptual streetscape for the public realm were adopted in the Guidelines. Council requested that the Canyon supplemental setback be codified in order to preserve the right- 11 of-way for future design options along Canyon Boulevard. A comprehensive urban design approach for Canyon Boulevard from 9`1'to 16t1i Streets is planned to be part of a future larger civic center master plan effort. Council requested staff to codify 65-foot Canyon setback now in order to preserve the Canyon Boulevard public realm for the future enhancements/ improvements based on the completion of the larger study. Council requested that staff identify properties affected by this code change. Staff has been working with property owners who have projects on Canyon Boulevard to help identify maximum developable floor area while preserving this 65- foot setback on the first floor. The urban design vision for Canyon Boulevard as stated in the Guidelines is: Canyon Boulevard and Broadway accommodate large volumes of traffic moving through the downtown. Streetscape features should be designed to buffer pedestrians from traffic impacts, provide greater building setbacks and detached sidewalks with planting strips between the sidewalk and curb. In areas with detached sidewalks, well designed landscaping and street trees should be provided. On Canyon Boulevard, the use of landscaped median strips and pedestrian safe zones should be designed to minimize pedestrian/vehicular conflicts. (Guidelines, pages 40 and 65.) Design of the Public Realm In order to preserve the future opportunity to implement a vision for the public realm along Canyon, a minimum setback was adopted in the Guidelines. An analysis of the proposed Canyon Boulevard streetscape has determined that 65 feet is the minimum setback from the centerline of the right-of-way needed to preserve the opportunity for the future vision for Canyon Boulevard. An example of an enhanced Canyon streetscape that could be implemented in the proposed setback given the high hazard flood implications where no additional parking would be allowed is shown on the following page. The drawing to be included in the Guideline shows the design of the public realm along Canyon Boulevard and an arcade design on the south side of Canyon which would allow the second story and above to project from 12 to 15 feet over the first floor setback, including the supporting columns. 12 Cannon Blvd.. Looking East r ~!C3T 65' G5 Canyon Boulevard 65' Suplemental Setback DAB had a number of questions about the details of the arcade condition and about feasible first floor uses. Staff will come back with additional information about uses, design details, examples of arcades, and other details as part of a civic center master plan. (See the draft notes from the DAB meeting in Appendix D. NEXT STEPS: Staff will take Planning Board recommendations on the proposed code changes for City Council consideration and action. The First Reading of these code changes in the downtown is currently scheduled for the Sept. 6 City Council meeting and the public hearing and Second Reading on September 20. Approved B Did Driskell, Ex u i hector Department of Community Planning and Sustainability ATTACHMENTS: A. Draft ordinance B. TischlerBise Analysis of the Housing Linkage Fee C. City Council minutes from May 3, 2011 D. Draft notes of DAB meeting July 13 E. FAR diagram F. RRC Report 13 G. Fox Higgins Report 14 ATTACHMENT D DRAFT Boulder Design Advisory Board (BDAB) Meeting Agenda Summary Jzrly 13, 2011 Topics of discussion: 1. Proposed DT-5 Code & Guideline changes 2. BDAB Roles and Responsibilities Proposed DT-5 Code Changes:.5 or 1.0 FAR for Non-residential Use • Generally agreed with proposed changes. 65' Setback • Generally agreed that the 65' supplemental setback from the centerline of the ROW of Canyon Blvd. on the ground floor, with allowance for upper floor projections into the setback was good. • All agreed codifying it was OK in opposed to having it in the Design Guidelines. Upper Floor Projection over Ground Floor Arcade BDAB had several questions and issues with codifying the upper floor projection over the first floor "arcade" from a design and land use perspectives, including the following: • A "descriptive" guideline that is more flexible in opposed to "prescriptive" design guidelines would be appropriate to guide the design, scale and character of the arcade. • The focus of the guidelines should be more on the character of the "public realm", i.e., sidewalks, landscaping, trees, etc., rather than on the buildings. • Consider a variety of ceiling heights for the arcade, anywhere from 14' to 18' height. • Consider a variety of column spacing such as 10' wide spacing (which works with standard architectural modules & parking spacing) of spacing, and other spacing that would help express the 25' lot pattern currently in the Design Guidelines. • Expressed concern about non-active ground floor land uses such as banks that would not activate the arcade as opposed to retail uses. • Some felt since existing retail spaces at One Boulder Plaza are not doing well, there is no reason to believe that retail will thrive along Canyon, especially with less visibility due to the arcade. • Others felt we should be designing for the next 50 years and not be constrained by current economic or other conditions since the area would be much denser in the future and could attract more retail. • There was also concern that because the arcade would be in the shade, whether that pace would be desirable form retail as well as pedestrian 15 • An arcade concept for a "market-place" type of uses would be desirable, and it could work well at the City site at 13th & Canyon. • Concern about whether an arcade along the north side of buildings would be desirable since it would be in the shade. • BDAB members asked to have various examples of arcades from other places, and that we comeback to them with various options and recommendations regarding the arcade concept. BDAB Roles and Responsibilities • Elected David Biek to serve as the chair. • Agreed to have minutes taken by staff in a summary format which the Chair and board members would discuss and approve at the end of each meeting. • Staff to highlight sections of guidelines relevant to the specific review of projects in advance. • The Tuesday before BDAB meeting, the chair to discuss agenda with staff to prioritize the order of review and time. • Asked to have some involvement at various stages of project review as appropriate. For example, an early concept level review just on building massing and placement, and a later review on architecture and design. • Want to have a joint PB/BDAB site tour for buildings to evaluate/discussion what worked and didn't work. • Suggested creating an ongoing documentation to evaluate the guidelines to identify those that do not work or are contrary to current design goals and objectives, but exist in the current Guidelines. 16 DOWNTOWN AND y: UNIVERSITY HILL I-P MANAGEMENT DIVISION & j'R f5 3 r„: F PARKING SERVICES ~,~j; ofy n f' Y' ~.tR°d'4 y S.f ~ Af y 24 w. . s Al, a sr- a 5, LLL i d~ w rr _ cr d a r s # N .t t 77 nt. 000 OR ,.r L~ „L `~~G:; QIA:.iS„fl 4 -r- i . .^'lls~w r w L S a DRAFT 2012 CAPITAL IMPROVEMENTS PROGRAM DUHMD/PS - 15 City of Boulder Captial Improvement Projects, 2012 - 2017 Downtown and University Hill Management Division North S1'" ^ i Portland PI N High St e ffi , r +6~ v o IF ti oaPtet°r A Maxwell Av a~ z 151: Pearl St Mall/ nC Downtown Ammenities N, I 1 arking g Garage X52 P I ~ cr i Mayor Maintenance 152: Parking Garage ' U Major Maintenance I w ~J,•,1 pearl S` r / N SP~ce S Ajtt 4~ ~atn~t SA t~ Canyon By 1, A k N 152: Parking Garage Major Maintenance j Grove St Vi I Ga'y 4~~. ~i 4 I ~ 150: 14th Street Parking 52 Av Lot Improvements Pehoe Ara- j 1 Parking Garage l Major Maintenance 152: Parking Garage X Y Major Maintenance CAGID Boundary " Athens St Legend e St I Year of Project N~actn w~ 02012 VJ AV a s s. Ftll/sue 20112017 G(andVle i - Off. 2012 I ~nj pa , t a - .t,_.:_ i y t` - `;a•k'ra -2013-2017 2012 A ° IIf _.'2013.2011 t. - University Av 16 - DUHMDIPS I CITY OF BOULDER Downtown • Division FUNDING OVERVIEW Downtown and University Hill Management Division/Parking Services (DUHMD/PS) man- ages the Downtown Commercial District Fund and University Hill Commercial District Fund. Within each fund there are restricted District parking and tax revenues as well as park- ing revenues from on-street parking. In addition, DUHMD/PS has responsibility for many General Fund parking programs such as the Neighborhood Parking Permit Program, several surface lots and parking enforcement - all of which generate revenue. ACCOMPLISHMENTS AND HIGHLIGHTS Accomplishments: Parking Garage Major Maintenance/Improvements: During 2010, the major project was interior and signage upgrades to the Randolph Center, the District's oldest garage. In collaboration with Broadway/Walnut, LLP, enhancements were made to the common rr m= areas of the building, an elevator was replaced and exterior signage 10 _ was updated. A design theme incorporated historic photographs of the site. On Walnut Street, 11 improvements were made to the landscaping n n n, and the bus stop. Another project involved substantial waterproofing repairs at the St. Julien garage. Downtown/Pearl Street Mall Improvements/Amenities Replacement: One of Boulder's newest During the first year, the following replacements were completed: re- parking garages at 1500 Pearl placement of the street tree sprinkler system along Pearl Street between 15th and 17th, and Street replacement of the shade structure fabric on the 1300 block of the Pearl Street Mall. In terms of improvements, enhancements were completed to 13th Street between Arapahoe and Canyon to accommodate the growth and success of the Boulder County's Farmers' Market. These were the removal of the on-street tree islands, planting of new trees and the addition of electrical outlets along 13th Street. Highlights: Parking Garage Major Maintenance/Improvements: Beginning in 2012, parking garage major maintenance/improvements is fully funded at $250,000 per year through the Downtown Commercial District Fund with restricted Central Area General Improvement District revenues. Fallowing a 4 year major improvement plan, scheduled ongoing repairs/renovations will maintain the garages in good standing. Downtown/Pearl Street Mall Improvements/Amenities Replacement: Beginning in 2012, Downtown/Pearl Street Mall Amenities replacement will be partially funded at $125,000 per year through the general fund meter revenues that are transferred to the Downtown Commercial District Fund. This fund will provide for planned funding for replacement of amenities on the Pearl Street Mall and in the Downtown Commercial District. Downtown/Pearl Street Mall Improvements is a high priority unfunded project that is cur- rently under review for the 2011 Bond initiative. DRAFT 2012 CAPITAL IMPROVEMENTS PROGRAM I DUHMD/PS -17 14th Street Parking Lot Improvements: Beginning in 2012, 14th Street parking lot improvements are partially funded at $25,000 per year through the general fund bifurcated revenues for lot permits in the Downtown Commer- cial District Fund. Historically, no funds were set aside for repair or replacement. This fund will provide for the upkeep of the pavement and landscaped areas of the three lots on 14th street. RELATIONSHIP TO GUIDING PRINCIPLES AND PRIORITIZATION All proposed projects in the 2012-2017 CIP are consistent with the applicable guiding prin- ciples. DUHMDIPS plans to create a master plan in 2012. All projects have sufficient funds for ongoing maintenance and operations. All projects in the proposed CIP go towards main- taining and improving existing assets. The Downtown Improvement/Replacement projects support the economic sustainability of downtown Boulder. The multi year CAGID parking ga- rage major maintenance project provides essential maintenance and reinvestment into the parking districts five facilities. The Downtown/Pearl Street Mall Replacement project ensures the long term sustainability of our downtown amenity infrastructure and the Downtown/Pearl Street Mall improvements invests in the future economic and social vitality of the center of our community and addresses emerging needs such as planning for the future of the civic center/civic park area. DEFERRED PROJECTS, CHANGES AND UNFUNDED NEEDS The most important unfunded need is the Downtown/Pearl Street Mall Improvement project that includes 13th Street/Central area enhancements for the Farmers Market, pedestrian improvements at the 14th and Walnut Transit Center and streetscape improvements for 15th Street and West Pearl. This project is included in the capital investment strategy project. The 14th parking lot improvements are a new project and are needed to maintain the long term functionality of the lots. No other projects have been deferred. EMERGING NEEDS No additional emerging needs are identified. kk_ ~t I I 777 4f, X'-6.v r a d Capitalal replacement =z money for the existing amenities on the Pearl Street Mall, such as the pop jet fountain or shade structures is par- s . tiatly funded beginning n 2012. 18 - DUHMDIPS j CITY OF BOULDER ' A 2012-2017 Capital Improvements Program DUHMD 12-Jul-11 Est Total 2012 2013 2014 2015 2016 2017 6-year LFL Alloc Unfunded- Cost Recommended Projected Projected Projected Projected Projected Total ing A mount n Existing Facility - Rehab ( Repair / Deficiency Correction - ra 14th Street Parking Lot Improvements 335,500 25,000 25,000 25,000 25,000 25,000 25,000 150,000 0 185,500 Downtown/Pearl St Mall Amenities Replace 1,410,610 125,000 125,000 125,000 125,000 125,000 125,000 750,000 0 660,610 n Parking Garage Major Maintenance 0 250,000 250,000 250,000 250,000 250,000 250,000 1,500,000 0 0 Project Type Total: 1,746,110 400,000 400,000 400,000 400,000 400,000 400,000 2,400,000 0 846,110 D Department Total: 1,746,110 400,000 400,000 400,000 400,000 400,000 400,000 2,400,000 0 846,110 O M M z 0 G) n v c v 2012-2097 Capital Improvements Program Project Status Report Project Name: Prb1Lct Number 14th Street Parking Lot Improvements L 450 Department: DUHMD Subcommunity: Central8oulder Funding Source: Downtown Commercial District Fund BVCPArea: Project Type: Existing Facility - Rehab / Repair! Deficiency Correction CEAP Required: No CEAP Completed Project Description: Parking Services manages the parking in three Downtown lots that are not owned by CAGID (they are city property) but located within the CAGID boundaries. Historically no funds have been set aside for repair or replacement for the lots located at: 1336 Canyon. 1745 14th, and 1775 14th. These lots are for paid permit holders; there are no meters or pay stations in any of the lots. Parks and Recreation has assumed the responsibility for routine landscaping, but also has not been funded for maintaining and repairing the landscaping around these lots. Consequently, these lots have fallen into disrepair and the surrounding landscaping has deteriorated to bare dirt and a few bushes. Responsibility for repair and upkeep should be designated to Parking Services. An initial capital improvement outlay of approximately $285,500 (based on assumptions in table) would be necessary for pavement repairs. From that point forward, a repair and replacement fund drawn from general fund revenues generated by the lots should be established to maintain the parking surfaces and the surrounding landscape. The new parking lots will have an estimated life span of 20 years, a replacement fund for 20 years should be established ($18,020 per year for all three. Initial landscaping costs are estimated at $50,000 (no bid has been solicited as yet). Summary of expenses: $285,500 for initial repair and replacement to the parking lots. $50,000 estimated cost of landscaping Total initial CIP: 5335,500. On-going replacement funds of 518.020 per year for the lots (not adjusted for inflation) This project is for an ongoing funding program. In 2012, $0 will be spent on lot improvements as it will take at least two years to accumulate enough for lot improvements This project includes $0 of outside funding. Relationship to Guiding PrIncipals,. 1. Master Plan: DUHMD/PS's plans to create a master plan have been postponed to 2012 due to work plan constraints. 2. Community Sustainabillty Goals: Providing access to the downtown supports both the economic sustairiability for downtown, i.e. downtown employees, customers, clients, visitors and tourists, as well as the social sustainability, i.e. access for events such as the Farmers Market and festivals. 3. Maintenance and Operations: DUHMD/PS budget includes ongoing maintenance for the three surface lots and Parks and Recreation includes ongoing maintenance for the landscaping. 4. Emerging Needs: Not directly applicable. 5. Support City Business Systems: Not applicable. 6. Improving existing assets: This CIP request directly addresses capital maintenance of a city asset 7. Meeting Mandates, etc.: Not directly applicable 8. Efficiency of Investments -Cost Benefit and Coordination of Oepartments: DUHMD/PS and Parks and Recreation Department share maintenance activities 9. Sound Fiscal Foundation: Does not directly apply. Public roccss'status, Issues: no public process Relationship With Other Departments. Parks and Recreation, FAM and DUHMD/PS have all participated in the care and maintenance of the 14th Street lots. Capital Funding Plan Est Total Cost 2012 2013 2014 2015 2016 2017 6-year Total $335.SG0 $25,000 $25,000 $25,000 $25,000 $25,000 $25.000 $150,000 Prev Alloc Funding ; Unfunded Amount $0 $185,500 Change from Prior Year: m Annual On-going Operating Costs 0 Description: Ongoing operating costs are covered in the Downtown Commercial District fun Source of Funding: 20 - DUHMD/PS CITY OF BOULDER 2012-2017 Capital Improvements Program Project Status Report Project Nama: Project Number! -Map Number. DowntowrtlPearl St Mall Amenities Replacement 151 Department: DUHMD Suhcommuntty: Central Boulder Funding Source: Downtown Commercial District Fund evCPArea: Area 1 Project Type: Existing Facility - Rehab I Repair I Deficiency Correction CEAP Required: Np CEAP Completed: Project Des'criptiort: - Currently there is no capital replacement or future improvements plan or funding source identified for the Pearl Street Mall and downtown streetscape improvements, The Downtown Improvement Plan will consist of two components: 1) capital replacement budget for the existing amenities on the Pearl Street Mall (pop jet fountain, shade structure, kiosks, play areas, etc.) and existing streetscape elements within the downtown area (benches, trash receptacles, bike racks, etc.) and 2) a plan for future streetscape improvements in sub areas of the downtown. When paid on-street parking was initiated in the mid-1990's on Saturdays, the incremental increase of revenues was included in the budget for downtown improvements. In 2002, DUHMDIPS borrowed $3,000,000 from the general fund to renovate and freshen up the Pearl Street Mallon its 25th anniversary. $500,000 was paid to the general fund each year to payoff this loan. In 2011, the final payment is $43,548. The plan is to redirect these funds towards an ongoing replacement fund and also designate funds for renovations and improvements throughout the downtown. This project is for an ongoing funding program. In 2012, there are no scheduled expenditures. The replacement funds are designated as amenities age and need replacement or repairs. This project includes $0 of outside funding. RetationshIptoGuidipoPrincipals: - 1. Master Plan: DUHMD/PS's plans to create a master plan have been postponed to 2012 due to work plan constraints. 2. Community Sustalnability Goals: Downtown and Pearl Street Mall Amenity Replacements are very closely aligned with the social and economic sustainability goals. Downtown is the primary community gathering place, commercial center and tourism attraction, and thus is an important economic generator and source of community pride. A reinvestment strategy needs to be in place to ensure the Pearl Street Mall and downtown remain a vital and attractive city center for residents, visitors and employees The downtown area provides for a quality of life that attracts and retains diverse businesses; and is the site for dozens of community events that create an inclusive and socially thriving community. 3. Maintenance and Operations: The goal of this request is to provide the long term replacement funds to sustain the amenities. Ongoing daily maintenance of the Pearl Street Mall and downtown amenities is currently covered by Parks and Recreation, DUHMD/PS and the Downtown Boulder Business Improvement District. 4. Emerging Needs: Not applicable. 5. Support City Business Systems: Not applicable. 6. Improving existing assets: The Downtowrt/Pearl Street Mall Replacement fund totally supports this guiding principle of sustaining or improving maintenance of existing assets prior to investing in new assets. 7. Meeting Mandates, etc.: Does not directly apply. 8. Efficiency of Investments - Cost Benefit and Coordination of Departments: Reinvestment in existing, welt-loved amenities is much more cost effective than constructing new amenites. DUHMDIPS works closely with other departments such as FAM, Transportation, and Parks and Recreation to coordinate planning and maintenance. 9. Sound Fiscal Foundation: Does not directly apply. Public Process Status, Issues A Downtown Improvement Plan Task Force has been working to prioritize and identify improvements. Staff on the task force represent Parks and Recreation, Planning, Transportation, DUHMD/PS and Facilities Asset Management. Also included are representatives from the downtown boards and organizations: Downtown Management Division, Downtown Boulder Inc. and Downtown Boulder Business Improvement District. Additional stakeholders will be added as the project evolves. The primary foci of the task force has been twofold. First, working with Parks, GIS and FAM staff to create an inventory of existing amenity and slreetscape improvements on the Pearl Street Mall and the downtown. This provides the detailed budget necessary to ensure that capital replacement funds are in place for these existing investments. The second component has been the recommendation for areas for future streetscape and infrastructure improvements. Relationship with Other Departments: DUH~hDlPS staff is Nwrking with staff from FAM, Transportation, and Parks and Recreation to coordinate the downtown capital amenities replacement plan. In particular, staff is working closely with Parks and Recreation regarding their CIP for Pearl Street Mall related infrastructure; such as the replacement of the irrigation system. Capital Funding Plan Est Total Cost 2D12 2013 2014 2015 2016 2017 6-year Total $1,410,610 $125,000 $125,000 $125,000 $125,D00 $125,000 $125,000 $750,000 Prev Alloc Funding J I Unfunded Amount I' I 1 Change from Prior Year: Annual On-going Operating Costs Description: Source of Funding: DRAFT 2012 CAPITAL IMPROVEMENTS PROGRAM DUHMD/PS - 21 2012-2017 Capital Improvements Program Project Status Report protect Name: t Project Nwnbber: Map Number: Parking Garage Major Maintenance r 152 Department: DUHMD Subcommunity: Central Boulder Funding Source: Downtown Commercial District Fund I BVCPArea: Area I Project Type: Existing Facility - Rehab! Repair / Deficiency Correction CEAP Required: NO CEAPCompleted: - - Project.Descrip6oa: The Downtown Commercial District (DCD, formerly CAGID) is a general improvement taxing district created in 1970 to provide parking and parking related improvements in downtown Boulder. Properties within the district pay property taxes into the district fund; other revenues are derived from the parking feeds. DCD owns 5 parking garages in the downtown. The parking garages total value is nearly 56 million dollars and breaks down as follows: 11 th and Walnut-Randolph = $7,129,037 - built 1979 1400 Walnut-RTD = $5,747,442- built 1989 11th and Spruce = $ 11,548,104- built 1990 1500 Pearl = $ 16,840,730 - built 1999 1000 Walnut-St. Julien = S 14,632,517 - built 2004 Due to the construction of 2 parking garages since 1999 funds were not available for major renovations and repairs until 2008. A detailed assessment of all 5 garages was conducted during 2006 and a total of approximately $4million was phased over three years beginning in 2008. The repairs include structural repairs and renovations such as, concrete and surface, fire suppression systems, replacement of mechanical equipment; as well as aesthetic improvements including painting, elevator improvements, lighting, signage, exterior improvements to 1100 Walnut, landscaping, entry equipment, trash receptacles and benches, and booth replacement. Once the project started, additional repairs issues were uncovered and more energy efficient lighting was added. The additional costs were added into a 41h year of the capital improvements(major maintenance. Additional costs include the upgrade of lighting systems at 1100 Walnut and 1400 Walnut to LED, a more energy efficient and sustainable system, but more expensive initially than conventional lighting. While replacing the exterior signage was included in the original budget (i.e. the "lollipop" parking P signs and new entry canopies), a comprehensive way finding directionallgraphics system for all the garages will be included to provide clearer directions to our customers and reduce unnecessary driving. In addition, there is an unanticipated foundation wall repair at 1000 Walnut that will cost $236,000. The major capital renovation and repair project ends in 2011. Starting in 2012, $250,000 per year is projected as ongoing repairs/renovations to maintain the garages in good standing. This project is for an ongoing funding program. In 2012, $250,000 will be spent on scheduled garage repaving and resealing projects. This project includes $0 of outside funding. Relationship-to Guiding Principals;` , . 1. Master Plan: DUHMD/PS's plans to create a master plan have been postponed to 2012 due to work plan constraints. 2. Community Sustainabiliy Goals: Providing access to the downtown supports both the economic sustainability for downtown, i.e. downtown employees, customers, clients, visitors and tourists, as well as the social sustainability, i.e. access for events such as the Farmers Market and festivals. Projects have included installation of energy saving light fixtures. 3. Maintenance and Operations: DUHMD/PS budget includes ongoing maintenance for the CAGID parking garages and surface lot. 4. Emerging Needs: CIP funds will be used to install a variable messaging system between the garages taking advantage of current technology to indicate available spaces. 5. Support City Business Systems: Not applicable. 6. Improving existing assets: This CIP request directly addresses capital maintenance of the CAGID parking assets. 7. Meeting Mandates, etc.: Not directly applicable 8. Efficiency of Investments - Cost Benefit and Coordination of Departments: Not directly applicable. 9. Sound Fiscal Foundation: Does not directly apply. Public Pmcess status, issues: A detailed assessment and report was conducted by Weiss,Janey Elstner, parking engineers, that details projects in all 5 parking structures phased over multiple years. A working group with representatives from the Downtown Management Commission and the downtown community reviewed and contributed to the development of the renovation plan. At the end of 2007, a major debt service payment is retired for the construction of 1 tth and Spruce and renovations at the RTD garages. Those revenues will be allocated to the major renovation and repairs. Relationship with other Departments: None Capital Funding Plan Est Total Cost 2012 2013 2014 2015 2016 2017 6-year Total $0 $250,000 $250,000 $250,000 $250,000 5250,000 $250,000 $1,500,000 Prev Altoc Funding Unfunded Amount $o $o Change from Prior Year: { Annual On-going Operating Costs $17500,000 _ Description: Source of Funding: ~DCDPror)eiy taxes and garage revenues 22 - DUHMD/PS I CITY OF BOULDER