Moody Centre Station TOD Area Today

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Moody Centre Station TOD Area Today WHAT IS a transit-oriented Murray Street development area? A Transit-Oriented Development (TOD) Area is a dense, walkable residential and commercial area built to support and encourage access to public transit. This designation comes out of the City s Official Community Plan (OCP), and calls for Moody Street Hugh Street Moody Centre Station St. Johns Williams Street Street Spring Street Electronic Avenue the development of higher density, mixed-use, pedestrian-friendly development within a four-block Size = Moody Centre Station Transit-Oriented Development (TOD) Area St. George Street Overall, 20 acres (8 hectares). Around 20% used for station parking. radius of the new Moody Centre Station. Population Land Use/ Zoning Transportation Parks ~8-12 residents and 145 businesses (43 on Spring St. + 102 on St. Johns St.) 18 buildings, ~270,688 square feet. M1 Light Industrial (43%), M2 Light Industrial/Commercial (6%), C3 Commercial (22%) and Roads (28%) 4 access points (Spring Street, Hugh Street, Williams Street, Electronic Avenue), plus transit hub at Moody Centre Station, including West Coast Express, Evergreen Line & a major bus loop None

Current OCP Policies The City s Official Community Plan (adopted in 2014) established the Moody Centre Station Transit-Oriented Development (TOD) Area. The primary objective of this area is to encourage higher density, mixed-use, pedestrian-friendly development around the proposed station. The current vision for this area includes: THE OFFICIAL COMMUNITY PLAN (OCP) IS A MUNICIPALITY S STATEMENT OF ITS LONG-TERM VISION FOR THE FUTURE. IT ESTABLISHES POLICIES AND GUIDELINES, AND DESIGNATES LAND FOR SPECIFIC USES. Low and mid-rise building forms Mix of residential, retail, office, service, civic, institutional, recreational and cultural uses Maximum building height of 12 storeys Lot consolidation into minimum one acre parcels Public open spaces, including flexible outdoor spaces, urban plazas, mini parks A range of housing options accessible, affordable, and suitable for all income levels and households Creating and preserving view corridors A significant amount of employment-related uses in upper storeys Mid-block pedestrian/cyclist links SPRING ST promenade The portion of Spring Street within the Moody Centre Station TOD Area is designated as a future promenade in the OCP. The OCP vision for this portion of Spring Street includes: Designated pedestrian and/or bike use. Integration as part of larger development projects to create public gathering spaces & additional linkages to Moody Centre Station. Linked to public open spaces, plazas and other connections such as pedestrian/ cyclist overpasses. Upper floors set back from St. Johns Street and Spring Street

Why revisit existing policies? 1. There s been no growth in the area since the OCP was approved. The City hosted a series of Development Roundtables in 2015, and heard that mid-rise buildings (7-12 stories) are not economically viable. The market supports 4 6 or 18 20+ storey forms. 4. As it s right next to a SkyTrain station, density should be increased to make better use of existing infrastructure. This is a key principle of Transit-Oriented Development. 2. The City commissioned a Market Study in June 2016, which states that there is significant demand for retail space in Moody Centre, but not office or institutional. 5. Council has directed City staff to review Parking Standards in this area, for things like for new homes, shops, businesses, the Transit Station and for Rocky Point Park. 3. We can better leverage growth for community amenities: The 2015 Parks and Recreation Master Plan recommends a park in the area. Daylighting Slaughterhouse Creek is a key objective in the OCP. As Moody Centre has built up, many creeks were put into culverts or covered. Daylighting a creek involves reversing this process, by permanently exposing it to daylight, and rehabilitating its banks and surrounding vegetation. Many positive benefits to the health of a stream and fish can result from daylighting. A pedestrian overpass to Rocky Point Park is a key objective in the OCP.

June 2016 Market Study MARKET STUDY goal: In June 2016, the City asked Colliers International Consulting to conduct a market study on the retail, commercial and institutional uses within the Moody Centre Transit-Oriented Development Area. Here s what they found: TO BETTER UNDERSTAND THE LOCAL AND REGIONAL RETAIL, OFFICE AND INSTITUTIONAL MARKETS, AND IDENTIFY: How much retail/commercial space could be supported now, The Moody Centre TOD area supports significant retail inflow The corridor sees traffic of more than 40,000 vehicles per day, the majority of which are not from Port Moody The area is well-served by transit, and the Evergreen Extension will boost foot traffic The area is well-positioned relative to other commercial centres in the Tri-Cities Area and in the future? Could this include a grocery store, and if so where? There is potential for 201,000+ square feet of retail space (including a 30,000 square foot grocery store). If density increases, this potential is higher. Can mixed-use developments support first or second floor office space? A limited amount of office space is only economically viable at higher densities/heights (20+ stories), but may be difficult to fill. Is there market interest for institutional space? The regional market for institutional space is crowded and competitive. This is not likely viable, unless space can be supplied below market value, or subsidized by other growth.

What would a plan update look like? A plan update determines the location and design of new transit-oriented land uses, like: ABOUT THE Scenario Planning Approach The process of developing alternative scenarios is a strategic planning method widely used in land use planning. It helps decision-makers and the public: Envision alternative land uses and housing employment retail built forms Weigh the pros and cons of each, and...as well as Evaluate the performance of each supportive scenario against a pre-determined set of criteria. infrastructure The purpose of presenting multiple such as: streets parks scenarios is to spur discussion, so that a recommended scenario can be developed that has the best and It establishes a clear vision for the area s future based on its particular history, physical form, and development needs. preferred features of all of them, wrapped into one.

Parks and Public Open Space TYPICALLY, A REDEVELOPMENT WITH MORE DENSITY ALLOWS THE CITY TO ASK FOR MORE PARK SPACE AND RELATED AMENITIES, LIKE GREENWAYS, PUBLIC OPEN SPACE, AND PLAZAS. The Moody Centre Station TOD Area currently has no parkland. The Parks and Recreation Master Plan (approved in 2015) identifies the need for a new community park near the TOD area and a potential natural park along Dallas/Slaughterhouse Creek. Additional OCP policies and recommendations in the Chines Integrated Stormwater Management Plan support the daylighting of Dallas/Slaughterhouse Creek and the creation of a greenway. A community park is typically 4 to 8 hectares (10 to 20 acres), serves several neighbourhoods and includes a range of recreational facilities, such as playgrounds, walkways or trails, parking lots, and sports fields. It is meant to form the visual, physical, and social focus of the community. From the 2015 Parks and Recreation Master Plan

Guiding principles for updating the plan LAND USE INCREASE POPULATION IMPROVE TRANSPORTATION ENHANCE THE ENVIRONMENT PROVIDE COMMUNITY AMENITIES AND JOBS Residential Mix of housing forms Mobility Improve pedestrian and Daylight Dallas/ Slaughterhouse Creek and Provide indoor and outdoor public space for residents (height, density), and bike connections create an urban greenway and visitors, like plazas, own/rent opportunities open space, and civic use space in buildings Commercial & Mixed Use Office, retail & employment Pedestrian Overpass to Rocky Point Park Promote alternative transportation Leverage growth to fund it

Transportation THE MOODY CENTRE STATION TOD AREA CURRENTLY INCLUDES: A network of north-south and THE PROPOSED LAND USE SCENARIOS ENVISION THESE ADDITIONAL TRANSPORTATION CONNECTIONS: New east-west pedestrian/bike connections along Spring St. & adjacent to the SkyTrain line, with links to the SkyTrain Station. east-west vehicle connections (St. Johns St., Spring St., Moody St., Hugh St., Williams New north-south pedestrian/bike connections mid-block between Moody St. and Williams St. St. and Electronic Ave.) The new Moody Centre SkyTrain Station New pedestrian/bike overpass linking the SkyTrain Station to Murray St. The West Coast Express station; and New greenway along Dallas/Slaughterhouse Creek. A major bus loop New north-south vehicle connection between Williams St. and Electronic Ave. Extension of Golden Spike Lane west toward the SkyTrain Station.

Land Use Scenario 1 LEGEND Mixed Residential / Commercial Use Open Space / Plaza Greenway/Parkland New ped/bike connection New road (auto/bike/ped) Transit route New ped/bike overpass At-grade retail frontage Daylighted Stream 400m TOD radius (5 min. walk) N

Land Use Scenario 2 LEGEND Mixed Residential / Commercial Use Mixed Residential / Employment Use Potential Civic Use in a building Open Space / Plaza New ped/bike connection New ped/bike overpass New road (auto/bike/ped) Transit route Greenway/Parkland At-grade retail frontage Daylighted Stream 400m TOD radius (5 min. walk) N

Baseline (Current OCP Policy) Population: ~2,804 Maximum Storeys: 12

Built Form Scenario A Population: ~3,339 Height: 4x12 storey, 9x26 storey

Built Form Scenario B Medium/High Density Population: ~4,002 Height: 4x6 storey, 5x26 storey, 4x40 storey

Built Form Scenario C High Density Population: ~4,665 Height: 9x26 storey, 4x40 storey

Density Comparison Below is a density comparison of the three scenarios to recently developed local neighbourhoods near transit. The presented scenarios assume: storeys 1-3 are commercial/retail/employment, storeys 4 and above are residential, and there are two people per residential unit. SCENARIO UNITS UNITS PER ACRE (UPA) POPULATION Baseline (OCP Designation) ~1,402 ~70 ~2,804 Klahanie (* including greenway) 1,070 *38 / 41 ~2,675 Newport Village 900 67 ~1,800 SuterBrook (* including greenway) 1,250 *57 / 76 ~2,500 Built Form Scenario A ~1,669 ~83 ~3,339 Built Form Scenario B ~2,001 ~100 ~4,002 Built Form Scenario C ~2,332 ~116 ~4,665 * The average of Klahanie, Newport & SuterBrook (excluding the greenway) = 60 UPA In addition, Newport Village & Suterbrook both have substantial commercial uses.