3.2 wpb transit village

Transit Village, LLC

come * Live / Work / Play / Learn * go

Transit Village, LLC Transit Oriented Development in Downtown West Palm BeachIn August 2012, Palm Beach County executed a contract with Transit Village,LLC permitting a mixed use transit oriented development of approximately1,000,000 to 1,500,000 SF in downtown West Palm Beach.Transit Village’s innovative development will create a livable, walkableurban environment providing a destination of choice and distinction,contributing to the vibrancy of Palm Beach County and the SoutheastFlorida Region.Unparalleled transit connections:• Above and surrounding recently completed Intermodal Transit Center• Palm Tran's 18 bus bay hub• Tri‐Rail• Amtrak• Greyhound• West Palm Beach Downtown Trolley stops• One traffic signal from I‐95• Less than 3 miles from Palm Beach International Airport


Widespread Public Support

Transit Village’s efforts have been supported by:•Florida Department of Transportation,•South Florida Regional Transportation Authority,•Palm Beach Metropolitan Planning Organization,•Treasure Coast Regional Planning Council,•City of West Palm Beach,•WPB Downtown Development Authority,•SE Florida Regional Partnership•Urban Land Institute•Numerous other civic and private supporters


Team Members and Consultants• Balfour Beatty Construction• Bureau Veritas• Community Reinvestment Partners II, LP

– TIAA‐CREF– Regions Bank– Wachovia Bank (Wells Fargo Bank)– SunTrust Bank– Fifth Third Bank– Synovus Bank– Northern Trust Bank

• Craven Thompson & Associates, Inc.• DeSimone Consulting Engineers• Gentile Holloway O’Mahoney, Inc.

• Michael Graves & Associates• Parsons Brinckerhoff• Ralph Appelbaum Associates• REG Architects, Inc. • Schultz & Williams Inc.• Suffolk Construction Company• Walker Parking Consultants• Gunster Yoakley & Stewart• Belson Karsch, LLC• Three Oaks Hospitality• Traf Tech Engineering, Inc• Others


General Location


Airport

Site

Palm Beach

Downtown West Palm Beach


Downtown Neighborhoods


Government Hill Aerial View


The Wedge Today


Garage

Garage

Parking Lot

Parking Lot Edge II Building Site

WaterTreatment Facility

Environmental Remediation Required

The Wedge Today: What You Don’t See

• Long and tedious process• Is in a designated Brownfield area;• Requires environmental remediation;• Is within the West Palm Beach CRA;• Is within a Transportation Concurrency Exemption Area;• Is in an Urban Infill Area;• Is within the Eastward‐Ho planning area; and• Has been the subject of transportation and land use

planning for over 20 years.• Treasure Coast Regional Planning Council Charrette – 2005


Transit Village Development on the Wedge Will Bring:

• Over $400,000,000 investment to West Palm Beach

• Bring over 4,000 construction and professional jobs

• Thousands of direct permanent jobs in West Palm Beach

• Create a diversified economic engine for years to come


Goals and Objectives

• Unique Character Transit Oriented• Walkable To downtown amenities• Connected to other districts Cityplace, Clematis, QBD• Sustainable Urban Environment

Environmental LEED/greenEconomic 1.5M SF mixed use spaceHistoric 1920’s Seaboard train stationSocial Multi‐level integrationCultural Civic uses


View from Clematis


View from Clearwater


Aerial View and Proposed Uses


Civic Learning Centers

Commercial Uses

Level 1 PlanFee Simple Ownership


Future Future Phase

SOUTH CITY PARCEL

NORTH CITY PARCEL

Future Phase

Existing Tri‐Rail Above Grade Pedestrian Connection

Proposed Uses Estimated DensityCommercial/Office/Educational Up to 400,000 SFHotel Up to 375 RoomsResidential Market/Workforce/Student Housing Up to 450 UnitsRetail Up to 75,000 SFCivic Learning Centers Up to 12,500 SF

Integrated and Synergistic Uses


Transit Oriented Uses On SitePalm Tran Tri‐RailCity Trolley AmtrakGreyhound Pedestrian Friendly

Historic Train Station

Please note that the Proposed Uses and the Estimated Density is subject to adjustment based upon an agreed ITE Trip Matrix.

County Limited Development by Traffic

TOD History• County purchases wedge and

signs interlocal agreement with City to construct intermodal center 1992

• City creates taskforce to fast track TOD 2003• Public charrette held for TOD 2005• Concept Master Plan 2006• County Directs Staff to Issue RFP • TOD District Created in Downtown Master Plan June 2009• RFP Issued January 2010• Transit Village Responds February 2010• Transit Village Recommended

For Approval July 2010• Transit Village Selected by BCC

to Negotiate Contract October 2010• County Contract Approved August 2012• RFP to be issued for South County Block ??


Milestones Achieved

• TOD District Created in Downtown Master Plan June 2009

• RFP Issued January 2010• Transit Village Responds February 2010• Transit Village Recommended

For Approval July 2010• Transit Village Selected by BCC

to Negotiate Contract October 2010• FDOT approval for Transit Village

to apply for Site Plan September 2011• County Contract Approved August 2012• FTA Approval March 2013


Site Environmental History• 1992: Wedge Parcel was contaminated by at least one known diesel spill near the tracks

• 2005: Phase I and II conducted and soil indicated benzo‐a‐pyrene (BaP) levels in excess of FDEP Residential Soil Cleanup Target Levels

• 2007: Site Assessment • 2008: Limited Scope Remedial Action Plan presented• 2008‐9: Excavated soil removed to commercial/ industrial Soil Cleanup Target Levels due to proposed use as bus station

• 2013: County/TV apply to TCRPC for site assessment grant


Selected Supporters and Team Members

MICHAEL GRAVES & ASSOCIATES


Palm Beach County MPO

PAG Foundation

Traf Tech

ENGINEERING, INC.

FOR ADDITIONAL INFORMATION CONTACT:TRANSIT VILLAGE, LLC

MICHAEL D. MASANOFF, MANAGER561‐347‐6565

[email protected]


3.2 wpb transit village

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