rv 2014: equitable development- tod in a distressed economy
DESCRIPTION
Equitable Development: TOD in a Distressed Economy AICP CM 1.5 Equitable development starts with a commitment to robust community engagement, continues with strategic public investments to "prime the pump," and ends with development that meets community needs and allows investors to make a buck or two. Learn how public and private partners can work together to lay the groundwork to finance and deliver TOD in the face of a distressed local development market. In Minneapolis: A community along a future BRT corridor plans for future investments in transportation, economic development, housing and placemaking. In Pittsburgh: A diverse community adjacent to a busway station attracts public and private investments for a successful project. In Phoenix, nonprofits working together to ready publicly-owned property for development and create a loan program to bring affordable and market rate residential mixed use to the light rail. Moderator: Melinda Pollack, Vice President, Enterprise Community Partners, Denver, Colorado Daniel Klocke, Downtown Phoenix CDC, Phoenix, Arizona Patricia Fitzgerald, Economic and Community Development Division Manager, Hennepin County, Minneapolis, Minnesota Ernie Hogan, Executive Director, Pittsburgh Community Reinvestment Group, Pittsburgh, PennsylvaniaTRANSCRIPT
An initiative of the Pittsburgh Community Reinvestment Group
Equitable Development: TOD in a Distressed Economy
Ernie Hogan – Executive DirectorPittsburgh Community Reinvestment Group
September 23, 2014
An initiative of the Pittsburgh Community Reinvestment Group
Pittsburgh Community Reinvestment Group
• Incorporated 1988• Focus primarily on:
– Transit & Transit-Oriented Development
– Fair Lending Practices & Neighborhood Access to Capital
– Capacity of local groups and actors
– Vacant Property Reclamation and Repurposing
– Public safety– Neighborhood Revitalization
An initiative of the Pittsburgh Community Reinvestment Group
What brought PCRG to transportation?• 2009 PCRG TOD
Symposium• Member demand• Lack of organized,
informed, community voice
• Neighborhood revitalization’s reliance on transit
• Disconnected legacy system
An initiative of the Pittsburgh Community Reinvestment Group04/13/2023 4
Leverage transit assetsDo more with lessMake strategic regional changes to support TOD
An initiative of the Pittsburgh Community Reinvestment Group
An initiative of the Pittsburgh Community Reinvestment Group
An initiative of the Pittsburgh Community Reinvestment Group
An initiative of the Pittsburgh Community Reinvestment Group
The TOD Typology prioritizes implementation across the network
From Bridging the Busway URA, Homewood & Point Breeze North Neighborhoods, Studio for Spatial Practice
Access Investments
Catalytic Development
Reuse and Revitalization
Community Capacity Building
Planning and Visioning
An initiative of the Pittsburgh Community Reinvestment Group
Infill & Enhance
Urban Redevelopment Authority
An initiative of the Pittsburgh Community Reinvestment Group
Wilkinsburg CDC
Build capacity at the local scale
An initiative of the Pittsburgh Community Reinvestment Group
East Liberty
An initiative of the Pittsburgh Community Reinvestment Group
Urban Renewal—End Results:While the project was founded on good intentions, ultimately it did little
more than to…
facilitate traffic around, not through the neighborhood,
create roughly 1,000 units of poorly-managed very low income housing in the commercial district,
create huge pedestrian disconnects (highway, parking fields…)from stable surrounding neighborhoods,
leave the city, or one of its authorities, owning large tracts of land off the main street (the parking fields).
An initiative of the Pittsburgh Community Reinvestment Group
A Few Statistics About Our Neighborhood (2000 Census)
• 84% of Population is Below Median Income• 80% of Units in Neighborhood are Rental• Twice as many Section 8 Vouchers as any other Neighborhood
in Pittsburgh• Only 6 Units For Sale in all of 2000• 12% Abandoned• 95% of housing is over 30 years old.• 20% hasn’t been upgraded since 1939.
An initiative of the Pittsburgh Community Reinvestment Group
Crossroads of Wealth and Poverty
An initiative of the Pittsburgh Community Reinvestment Group
East Liberty: A Town in a City
1) Draw and Grow Emerging Markets
2) Grow Commercial
3) Affirm Commitment to Affordable
Housing
4) Stabilize Existing Residential
Enclaves
5) Shrink Commercial Core by
Growing Residential Enclaves
Community Plan’s Vision
An initiative of the Pittsburgh Community Reinvestment Group
East Liberty Vision
An initiative of the Pittsburgh Community Reinvestment Group
EDUCATEDThe area has the greatestConcentration of post-secondaryEducated people in Pittsburgh:52% of people in a 1 mile radiusare college educated or above.
REGIONAL HUBThe trade area contains8 major universities, hospitalsand the major culturalinstitutions.
WEALTHYIn excess of 100,000 peoplein the primary trade area haveaverage household incomes of$81,774, the highest for anyurban Pittsburgh location.
DENSELY POPULATEDThere are 375,000 peoplewithin a 5 mile radius, morethan in any other 5 mile areaof the city.
TRI-STATE AREAAnchor Whole Foods willdraw from a tri-state area.Shoppers will drive as longas 4 hours to reach thisdestination.
UPSCALE AREAEastside is located onthe largest parcel of landadjacent to the fashionableShadyside and EllsworthAvenue shopping areas.
East Liberty:
An initiative of the Pittsburgh Community Reinvestment Group
An initiative of the Pittsburgh Community Reinvestment Group
5800 Penn
Fairfield Community
An initiative of the Pittsburgh Community Reinvestment Group
An initiative of the Pittsburgh Community Reinvestment Group
An initiative of the Pittsburgh Community Reinvestment Group
Carnegie Library
An initiative of the Pittsburgh Community Reinvestment Group
Bakery Square
An initiative of the Pittsburgh Community Reinvestment Group
Pedestrian Bridge
An initiative of the Pittsburgh Community Reinvestment Group
An initiative of the Pittsburgh Community Reinvestment Group
TOD Site(Center of ½ mile
TRID radius of investment)
East Liberty Projects and Opportunities
An initiative of the Pittsburgh Community Reinvestment Group
An initiative of the Pittsburgh Community Reinvestment Group
An initiative of the Pittsburgh Community Reinvestment Group
An initiative of the Pittsburgh Community Reinvestment Group
An initiative of the Pittsburgh Community Reinvestment Group
An initiative of the Pittsburgh Community Reinvestment Group
An initiative of the Pittsburgh Community Reinvestment Group
An initiative of the Pittsburgh Community Reinvestment Group
How it was AchievedStaging Smart Growth with Smart Public Investment Harnessing Current Markets through Development Activities
Growing Markets at Work and Affirm Equity
Securing Site Control
Position the Neighborhood as Risk/Reward Sharing Partner for projects and moving forward
Confirming the Community Vision moving forward
Addressing the Community Challenges as they arise
East Liberty by the Numbers
• New Commercial 857,420• New Office 450,400• New Housing Units 900
– Affordable Units 600– Supportive Housing Units 60
• Hotel Rooms 395• Jobs Created 4,080• Annual Net Tax Revenues $15,352,946.44