TOWN OF NEW CASTLE - Master Plan Update

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2 Our Presentation Today (1) Recap the Master Planning Process To Date (2) Present the Outline of the Master Planning Work Plan (3) Present the Calendar for the Master Plan (4) Outline the scope of a Downtown Revitalization Study (5) Establish Next Steps on the Master Plan (6) Provide an information session on Downtown Revitalization

3 Master Plan Process To Date. Community Engagement Report Completion of Westchester Base Studies Selection of consultant for market survey Research of Master Plan Committees

4 Master Planning Work Plan & Calendar Task Task Description Jan Feb Mar Apr May Jun Jul Aug Sep Oct Task 1 Task 2 Task 3 Task 4 Task 5 Task 6 Task 7 Task 8 Task 9 Downtown Revitalization Study Existing Conditions Goals and Objectives Original Planning Analysis (if necessary) Draft Planning Strategies and Implementation Tools Draft Master Plan Revision of Draft Master Plan Guidance on Environmental review and Adoption Coordination with Master Planning Steering Committee Task 10 Public Engagement (Workshops) X X X X

5 Public Engagement Process Public Engagement Workshop #1: Kickoff (February 2015) Present the Scope and Timeline of the Master Planning Process Explain the Connection between the Downtown TOD Study and the Master Planning Process Present Preliminary Results of the Existing Conditions Analysis (including survey results) Solicit Public Feedback on the Draft Goals and Objectives Public Engagement Workshop #2: Goal Setting Workshop (May 2015) Present an Update on the Downtown TOD Study (especially TOD Best practices) Distribute the Existing Conditions Analysis and Present Key Findings Solicit Public Feedback on the Draft Goals and Objectives Public Engagement Workshop #3: Present the Draft Master Plan (September 2015) Present the planning strategies and implementation tools prepared in Task 5 Facilitate community analysis of the fit between the goals and the strategies Distribute an executive summary of the Draft Master Plan prepared in Task 6 Solicit both oral and written comments for revising the Draft Master Plan Solicit feedback on the Downtown TOD Strategy (specifically proposed redevelopment scenarios) Public Engagement Workshop #4: Present the Revised Master Plan (October 2015) Distribute a summary of the Revised Master Plan document prepared in Task 7 Present the changes made to the existing conditions analysis, planning strategies, and implementation tools Outline the steps required for environmental review and plan adoption (through a simplified presentation of the technical memorandum produced in Task 8) Present an update on the Downtown TOD Strategy (specifically the ways in which the nuts and bolts of the Downtown TOD Strategy are integrated into the master plan s articulation of a more general long-term economic development strategy).

6 Downtown Revitalization Study Scope Goals 1) Analyze the market opportunity for transit-oriented development around the Chappaqua Station 2) Provide an implementation plan for developing properties around the station 3) Ensure that the master plan is anchored by an economically and legally feasible plan for downtown revitalization Tasks 1) Identify market, demographic, and economic trends 2) Inventory developable sites 3) Development of Downtown Revitalization Best Practices 4) Develop land use development scenarios 5) Analyze economic impacts of land use development scenarios (but short of a full fiscal impact analysis) 6) Development of a phased implementation and funding plan

7 Downtown Revitalization 101

8 The Market for Downtown Revitalization in Westchester Proximity to New York City (50 minutes on Metro North Train) Westchester housing prices have been rising for nearly two years. The Strength of the Multifamily Housing Market Aging Population Millennials Young Families Strong downtown housing market supports a strong downtown local retail market

9 Choices, Tensions, and Tradeoffs. Broadway vs. Main Street Access vs. Mobility Broadway, Upper West Side Regional Center vs. Local Community Main Street, Ridgefield CT

10 The Case for Downtown: Economic Revitalization Diversification of Tax Base Jobs Healthcare Medical Professional Services Light Industry Main Street Business Retention and Attraction Hudson Park, Yonkers NY

11 The Case for Downtown: Environmental Sustainability Traffic Levels Parking Demand Energy Consumption Regional sustainability Rosslyn-Ballston Corridor, Arlington County (VA)

12 The Case for Downtown Revitalization: Quality of Life Community Life Diversity of Housing Choices Walkable Environment Convenience Fruitvale Transit Village, CA

13 Challenge #1: Acquiring and Assembling the Land Ownership Publicly-owned parcels MTA owned land Privately held land Acquisition Strategies Purchasing property Transfer of Development Rights Poughkeepsie Metro North Station, NY Eminent Domain

14 Challenges #2: Making Land Policy Transit Supportive Land Use Density Scale Design Affordability

15 Challenge #3: Optimizing the Transport Network Coverage Speed Intermodalism Pedestrian and Bike Infrastructure

16 Challenge #4: Getting Parking Right Amount Location Pricing Financing Management Surface Parking in Houston marked in red by Photolith

17 Challenge #5: Meeting the Infrastructure Demands Schools Roads Transit Water & Sewer Parks Sanitation Parks Sanitation Wyandanch, Babylon Long Island NY

18 Challenge: Financing Downtown Infrastructure Public Financing (CFA process, federal transportation) Private Financing (value capture, BIDs, tax increment financing)

19 Challenge: Public Education & Engagement Key Components of an Effective Downtown Program Land Use 101 and Transportation 101 Best Practices in TOD as Economic Development Relevant Case Studies Objective Land Use & Economic Analysis Public Input Engagement