renewal of the university/hayden butte redevelopment area

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Renewal of the University/Hayden Butte Redevelopment Area City Council Retreat September 20, 2019 1

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Renewal of the University/Hayden Butte Redevelopment Area

City Council RetreatSeptember 20, 2019

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University Hayden Butte RA

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History of University-Hayden Butte ProjectOriginal Redevelopment Plan adopted in 1973

Amended Redevelopment Plan adopted in 1992

“It is the City of Tempe’s intent to continue program efforts designed to maintain the Area as the economic, governmental and social heart of the community. The Area should be the financial, governmental, cultural hub of Tempe”

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Statutory Requirements ARS § 42-6209 (F)F. Before October 1, 2020, each city or town shall review each slum or blighted area that was originally designated before September 30, 2018 and in which a central business district is located…Pursuant to the review, the city or town shall either renew, modify or terminate the designation. If the city or town renews or modifies the original designation, the slum or blighted area designation is subject to subsequent reviews on a ten-year cycle. If the city or town fails to renew or modify the designation, the slum or blighted area designation automatically terminates from and after September 30, 2025, or five years after any subsequent review.

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Statutory Requirements ARS § 36-1474 (C)

C. The designation of an area as a slum or blighted area terminates ten years after this designation unless substantial action has been taken to remove the slum or blighted conditions…

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“Substantial Action”Light-rail, Tempe Streetcar and Tempe Transit CenterHayden Ferry Lakeside, the “Grand” and Marina Heights Liberty at Rio Salado, IDEA Campus and WatermarkCenterpoint on Mill, Tempe Marketplace and Playa del NorteResidential in-fill projectsTempe Town Lake, Riparian Habitats and Tempe Center for the ArtsIncreased Tourism and Special EventsHayden House Restoration

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“Substantial Action”

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Increased Office Supply

Data from CoStar database

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Increased Housing Units

Data from CoStar database

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Increased Retail

Data from CoStar database

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Increased Employment

Data from Maricopa Association of Governments

Year Employers Employees1995 190 10,200 2000 160 10,400 2005 220 16,700 2010 260 18,200 2015 360 21,800 2016 480 25,200 2017 449 28,000

Year Employers Employees1995 3,500 123,000 2000 3,470 140,700 2005 3,650 145,100 2010 3,840 153,800 2015 3,330 146,200 2016 4,250 159,000 2017 4,210 156,700

City-wide Univ. Hay. Re. Area

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Increased Tax Revenue

Data from City of Tempe Tax and License

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Increased Tax Revenue

Data from City of Tempe Tax and License

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Work Remains to be DoneMany of the “Development Objectives” are still relevant or need continued efforts

“Preserve and restore buildings which are architecturally distinctive and reflective of Tempe’s history.” (3) “Eliminate non-essential traffic and promote efficient local

circulation.” (8)“Create traffic-free pedestrian flow with appropriate landscaping, open space, bicycle paths, rest areas, other amenities and conveniences.” (9)“Provide for the cleanup and mitigation of environmental problems by the creation of public/private partnerships for the redevelopment of these blighted areas.” (10)