Transit-Oriented Development (TOD) along Metro Rail Corridor Open House. A Regional Economic Development Opportunity
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1 Transit-Oriented Development (TOD) along Metro Rail Corridor Open House A Regional Economic Development Opportunity August 29, 2018
2 1. Project Context
3 Metro Rail Extension Four segments for analysis: 1 - Downtown 2 - Main Street 3 - Niagara Falls Blvd/Eggertsville 4 - UB North Campus/Audubon
4 Transit-Oriented Development Study Align transit investment in Metro Rail with the region s vision for smart growth and economic development to create new, walkable, and vibrant Transit-Oriented Neighborhoods and to increase Metro Rail usage.
5 2. Why Transit-Oriented Development?
6 What is Transit-Oriented Development ü Medium to higher Density around transit stations ü Mix of uses ü Compact, high quality Pedestrian-oriented environment ü Active and Vibrant center ü Multi-modal connections, comfortable and easy transfers ü Limited, managed Parking ü Public and community Leadership
7 Transit-Oriented Development Denver But These Cities Charlotte Aren t Like Buffalo Dallas Phoenix
8 But These Are More Like Buffalo Detroit Cleveland St. Louis Minneapolis
9 Why TOD for Buffalo? 1. Keep Pace with our Peers for Economic Development and Livability 2. Affordable Urban Lifestyles for Millennials with Children 3. Align Sustainable Growth with Investments in Transportation
10 Economic Impact of Metro Rail ü Slow population growth but young adult population increased 8.3%. ü By 2040, 28% of regional jobs will be located in Metro Rail corridor. ü Future development could add 8.4 million square feet of development. ü This development has an assessed value of $1.7 billion (most economic impacts have under-estimated development).
11 TOD Market Readiness Near Term Mid Term Long Term Residential Redevelopment 1 Office Reinvestment / Redevelopment 2 Commercial Redevelopment Reinvestment / Redevelopment Redevelopment Adaptive Reuse / Redevelopment 3 Redevelopment Reinvestment 4 Reinvestment / Adaptive Reuse Redevelopment Redevelopment / Adaptive Reuse Reinvestment Reinvestment / Adaptive Reuse
12 3. Transit-Oriented Development Planning
13 Continuing Outreach Building Support ü 3 Rounds of TOD Workshops Developers and Real Estate State and Local Government Academic, Housing, Business Community and Public Forum ü Buffalo LISC; National LISC ü Audubon Community ü Leadership Buffalo ü Eggertsville Community Organization ü Buffalo Niagara Partnership ü Buffalo Board of Block Clubs ü Allentown Association ü Amherst Pro Net ü Partnership for Public Good
14 TOD Workshops TOD Workshop #1 - Metro Rail Corridor Corridor-wide Opportunities and Challenges Economic Market Conditions TOD Workshop #2 Station Area Assessment TOD Market Readiness Select Station Areas for TOD Master Plan TOD Workshop #3 Station Area TOD Master Plan Station Area Opportunities TOD Master Plan - Discussion and Sketch
15 7 Station Typologies Mixed Use Center Northtown Plaza Boulevard Mall Maple Ridge Sweet Home Audubon Dodge Road Suburban Neighborhood Eggertsville Urban Campus Allen / Medical Campus Summer Best Delavan / Canisius College Humboldt / Hospital Sports & Entertainment DL&W Terminal Erie Canal Harbor University Campus University UB North Campus A UB North Campus B Ellicott Complex Urban Neighborhood Utica Amherst Street LaSalle Urban Core Seneca Church Lafayette Square Fountain Plaza
16 TOD Desirability and Readiness Assessment - Physical Suitability - Local Leadership - Plans in Place - Market Strength
17 TOD Desirability and Readiness Assessment
18 TOD Desirability and Readiness Assessment Results
19 Station Area Plans
20 DL&W
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23 Summer-Best
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26 Utica
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29 UTICA ST
30 LaSalle
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33 Boulevard Mall
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36 Audubon
37 SYLVAN PKWY
38 SYLVAN PKWY
39 TOD Focus Areas 1. Complete Streets 2. Engaging Civic Space and Station Improvements 3. Progressive Parking
40 TOD Focus Areas 4. Mixed-Use Development 5. Transit-Oriented Density Distribution 6. Infill Development and Repurposing
41 Additional Information Transit-Oriented Development Plan can be found at: View Displays and Offer Feedback
42 Transit-Oriented Development (TOD) along Metro Rail Corridor Open House A Regional Economic Development Opportunity August 29, 2018
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