The Atlanta BeltLine. Quarterly Briefing March @atlantabeltline. Reynoldstown Senior Affordable Housing
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1 The Atlanta BeltLine Quarterly Briefing March @atlantabeltline Reynoldstown Senior Affordable Housing
2 Framework for a multi-use and transit corridor in the heart of the region Links many of Atlanta s historical landmarks and cultural destinations Connects four historic rail corridors
3 The Atlanta BeltLine TAD Area: 6,500 acres Part of Total Planning area:15,000 acres 22% of the City of Atlanta population is within the planning area 19% of the City s land is within the planning area
4 Bringing 45 neighborhoods Together 22 MILES of transit 46 MILES of streetscapes and complete streets 33 MILES of urban trails 1,300 ACRES of new greenspace 700 ACRES of renovated greenspace 1,100 ACRES of environmental clean-up $10-20B in economic development 30,000 permanent jobs 48,000 construction jobs 28,000 new housing units 5,600 affordable units CORRIDOR- WIDE public art, historic preservation, and arboretum
5 Organizational Structure Project Sponsors Public Redevelopment Authority (TAD oversight) Private Non-profit Redevelopment Corporation (Implementation Agent) Private Non-profit 501c3 Partner
6 Strategic Partnerships
7 Investment to Date Public & Private investment to date: $447 million (Over $53m in private donations)
8 Progress to Date Private development is following Public & Private investment: Over 130 projects complete or underway within Planning Area* More than 7 million SF of new commercial space completed Over 8 to 1 return on investment through 2016 * Projects larger than 10 dwelling units or 10,000 square feet More than $3.7 Billion in development To date
9 Atlanta Streetcar System Plan Atlanta Light Rail Transit Program 50+ Miles Adopted by City Council December 8, 2015
10 NEPA 1 - Transit Alignments 4 Corridors Atlanta BeltLine East Atlanta BeltLine West Crosstown Midtown Crosstown Downtown 16 Miles 4 Connections to MARTA Rail
11 NEPA 1 - Schedule West: Submitted September Response to FTA initial review and comment to be submitted in Spring 2017 Crosstown Midtown: Submitted January Awaiting FTA initial review and comment Crosstown Downtown: Plan to submit to FTA by the 2Q 2017 East: Plan to submit to FTA by the second 2Q 2017
12 NEPA 1 - Milestone Schedule We are here Transit Routing Options/MARTA Connectivity Assessments Technical Studies and Evaluation Complete Draft Environmental Document Public/Agency Review and Public Meetings FTA Concurrence
13 Concrete poured from University Avenue to Allene Avenue Westside Trail
14 Concrete poured between bridge over martin Luther King, Jr. Dr. and Stafford Street connection Westside Trail
15 Westside Trail Ramp under construction at Ralph David Abernathy Boulevard Ramp under construction at Martin Luther King, Jr. Drive
16 Westside Trail Ramp under construction at Lee Street Stairs under construction at Lawton Street
17 Eastside Trail Extension Wylie Street from Krog to Kenyon is complete Trees planted on Wylie Lighting to be installed towards the end of March Pours beginning between Kirkwood Avenue and Wylie Street
18 Krog Street Tunnel: Lighting & Pavers Eastside Trail Extension
19 Eastside Trail Extension Streetscapes at Krog St. & DeKalb Avenue Prep for plaza on northwest corner to be poured in mid- March Installation of pedestrian scramble
20 Eastside Trail Extension Irwin Street: Grading & Paving Concrete pouring to begin in Mid March Trail to remain closed until all construction is complete
21 Eastside Trail Extension Irwin Street: Road Closure March 20 April 17 Detour routes will be marked for pedestrians and vehicles Southern end of Eastside Trail will be removed and replaced to accommodate speed table
22 Southside Trail Design 4 miles, University Ave to Glenwood Ave month design process ABI to return to community spring % design due summer 2017
23 Art on the Atlanta BeltLine Call for Artists OPEN NOW!!! Proposals accepted through May 1 What will be your adventure on the Atlanta BeltLine? What will you Discover? Info session via Facebook Live on March 31, 3:00 p.m
24 Excelsior Steam Engine Relocating piece of industrial equipment into Historic Fourth Ward Park Exhibited as a historic art artifact Placed atop local Elberton granite Signage in development
25 Reynoldstown Pavilion/Stage NEA Our Town grant to design a merging of art and landscape Design more than 50%, next report out scheduled for April 24 Design to transform the hillside into sculptural seating and pavilion
26 Where We Are Today: Equity & Affordability NEW FUNDING STRATEGY $18+ million commitment of TAD revenue over next three years: 20% of available TAD increment $11.6M from 2016 bond issue 75% of any mid-year increment PROGRAMS Affordable Housing Trust Fund incentives Acquisition and predevelopment Reynoldstown Senior - Mercy PARTNERSHIPS (in addition to Invest Atlanta and City of Atlanta) Atlanta Housing Authority: Englewood partnership Arthur M. Blank Foundation: Westside community retention effort Atlanta BeltLine Partnership: Homeowner education workshops
27 Where We Are Today: Equity & Affordability ACTIVE 2017 PROJECTS IN TAD (335+ UNITS) Project N hood Affordable/ Workforce Units Partners 670 Dekalb Inman Park/ O4W (NE) Gateway Capitol View Phoenix House Adair Court Capitol View (SW) Capitol View (SW) Adair Park (SW) 36 Invest Atlanta, ABI 160 Invest Atlanta, Georgia DCA 69 Invest Atlanta, Georgia DCA 70 Invest Atlanta, Georgia DCA, ABI 1016 Monroe Midtown (NE) 20%+ Invest Atlanta, ABI 670 Dekalb North American Prop. Lofts at Reynoldstown Crossing (II) Reynoldstown (SE) 40%+ Invest Atlanta, ABI TOTAL 335+ units
28 Thank you! Westside Trail next to Urban Farm //
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