12. San Antonio
Wednesday,
September 26th
5:30 – 8PM
The Pearl Studio
The Speed Networking Event
Improve your network, learn more about the industry,
and meet future business associates and friends. Everyone is welcome!
Advance Fee: $30 Student: $20
Featured Emcee: Bob Rivard ,The Rivard Report
Presented By: ULI San Antonio YLG and ICSC Next Gen
13. San Antonio
2012 ULI Fall Meeting
October 16-19 – Denver, Colorado
www.ulifall.org
14. San Antonio
Save The Date – Wed, October 24
ULI Luncheon
“Creative Office”
11:30 AM – The Pearl
Tim Hendricks, Todd Runkle
Sr. Vice President, Principal/
Development Managing Director
19. DART’s Role in
Transit-Oriented Development
Transit Oriented Development
Return on Investment for the Region
San Antonio – Downtown Alliance
September 17, 2012
Jack Wierzenski, AICP
Director, Economic Development & Planning
Dallas Area Rapid Transit
21. DART’s Role in Transit-Oriented Development
13 Member Cities
Plano
Carrollton Addison Richardson
Farmers Branch Rowlett
Garland
University Park
Highland Park
Irving
Dallas
Cockrell Hill
Glenn Heights
700 Square Miles
22. DART’s Role in Transit-Oriented Development
The Multimodal DART System
78 Miles of Light Rail
58 Stations
130 Bus Routes
35 Miles of Commuter Rail
84 Miles of HOV Lanes
Paratransit, Rideshare, ITS
24. DART’s Role in Transit-Oriented Development
Fixed Route Ridership
220,000 Passengers per day
25. DART’s Role in Transit-Oriented Development
The DART Fleet
163 Light Rail Vehicles
More Than 612 Buses
34 Commuter Rail Vehicles
186 Paratransit Vehicles
197 Vanpools
26. DART’s Role in Transit-Oriented Development
DART Plans Through 2013
90 Miles of Light Rail
Bus Modernization
35 Miles of Commuter Rail
84 Miles of HOV Lanes
Rideshare and ITS
27. DART’s Role in Transit-Oriented Development
DART Rail Expansion
Green Line
Opened Dec. 6, 2010
•28 miles
•20 stations
(4.2 miles, 4 stations
opened 9/09)
•Longest LRT expansion in
North America
28. DART’s Role in Transit-Oriented Development
DART Rail Expansion
Orange Line Openings
Irving Convention Center 7-30-12
Beltline 12-3-12
DFW-Airport 12-2014
•9.3 miles
•5 stations
•Design/Build Contract
•Construction underway:
Phases 1 & 2
29. DART’s Role in Transit-Oriented Development
DART Rail Expansion
Blue Line
Opening 12-3-12
•4.5 miles
(extension of existing Blue Line)
•One station
•Delivery: Dec. 3, 2012
30. DART’s Role in Transit-Oriented Development
ECONOMIC IMPACT
Job Creation and Economic Stimulus
University of North Texas study: The DART expansion will generate …
$5.6 billion, including prior Green
Line expenditures, 2009-14
32,095 job-years of employment
(6,400 jobs each year for five
years)
$360 million in contract awards
to minority and women-owned
businesses
31. DART’s Role in Transit-Oriented Development
• Nation’s 4th Largest Metro Area
• No.1 Fastest-Growing Metro
• Fifth Most Congested Metro
33. DART’s Role in Transit-Oriented Development
“The DART station definitely gives us a competitive advantage. Access to
transit is an amenity urban people demand these days.”
– Silas Graham, Development Partner, Alliance Communities (The Ambrose)
34. DART’s Role in Transit-Oriented Development
Why is DART Involved in Economic
Development?
Mission Statement
• To build and operate a safe, efficient and effective
transportation system that, within the DART Service Area,
provides mobility, improves the quality of life, and stimulates
economic development.
35. DART’s Role in Transit-Oriented Development
$8 Billion (built, planned, and projected TOD)
• November 2007 UNT Study
$4.26 billion in TOD as of 2007
Estimated state and local tax revenues
associated with TOD
$127 million annually
Property tax, sales tax, and state tax
(non-DART properties)
36. DART’s Role in Transit-Oriented Development
TOD Planning Principles
• Greater density than community
average
• Reduced parking
• Convert surface parking to
structured parking
• Quality pedestrian environment
• A mix of uses
• A defined center
Stations help define the most
• Transit integrated with TOD important places
37. DART’s Role in Transit-Oriented Development
New Demographics
38. DART’s Role in Transit-Oriented Development
Apartment Living on the Rise
40. DART’s Role in Transit-Oriented Development
Housing Outlook
• Smaller homes
• More multi-
generational
• More convenient
• Transit Linked
• Housing Demand
• Increased Rental
41. DART’s Role in Transit-Oriented Development
TOD housing generates fewer car trips than
conventional housing
Recent Study:
Residential TODs generated 47% fewer vehicle trips
per dwelling unit during a 24-hour weekday than the
standard in the International Traffic Engineers (ITE)
Manual
3.55 trips compared to 6.67 trips per dwelling unit
TCRP Report 128 - Effects of TOD on Housing, Parking, and Travel (2008)
42. DART’s Role in Transit-Oriented Development
DART’s Philosophy for TOD
•Each station is unique – development
should be specific to the site
•Any unsolicited interaction with
developers is critical and encouraged
•Think outside the box – different
approaches to integrating development
•Partnership / coordination with member
cities and other government entities is
essential
43. DART’s Role in Transit-Oriented Development
DART’s Role in TOD
• Lead the way in early stages of LRT Planning
• Incorporate TOD objectives into station area planning: transit,
land use, pedestrians, cars
• Leverage DART real property assets to:
Develop future revenue streams with TOD
Direct and concentrate TOD and urban infill around transit
facilities, develop new ridership
Enhance value and maximize function of transit facilities
• Identify potential funding sources for added amenities: TIFs,
PIDs, bond projects, grants
44. DART’s Role in Transit-Oriented Development
DART’s TOD Policy August 2008
Purpose
DART seeks to work in close partnership with its member cities to
identify and implement TOD opportunities. By promoting high
quality Transit Oriented Development on and near DART
owned properties…. generate new opportunities to create
revenue for DART, and environmentally sustainable livable
communities that are focused on transit accessibility.
45. DART’s Role in Transit-Oriented Development
The Players Developer
• The Transit Authority •Develop Proposals
• The City •Land Assembly
•Entitlements
• The Developer
•Design
•Construction
•Planning •Transit Developer
•Zoning •Land Owner
•Permits •Planning Partner
•Community Facilitator •Development Partner
•Land Owner •Construction Facilitator
City •Implementation Tools DART
46. DART’s Role in Transit-Oriented Development
Member City/DART Partnership
• Objectives
Attract economic development
Plan for TOD
• Relationship
Establish development process
Establish & maintain communication: City,
DART, Developer
Coordinate land use goals with
transportation goals
Zoning/development approvals
Funding
• TIF Districts
• PID
• Grant Sources: COG
– STEP, CMAQ, EPA
47. DART’s Role in Transit-Oriented Development
Developers Learned
• Start land planning early:
Easier to influence design &
engineering decisions
Destinations attract choice riders
Interchange between stations
Rents are higher
48. DART’s Role in Transit-Oriented Development
Rail Served Properties:
Residential: 39% greater increase
Office: 53% greater increase
UNT data, January 2003
49. DART’s Role in Transit-Oriented Development
Downtown Plano
50. DART’s Role in Transit-Oriented Development
Downtown Plano
51. DART’s Role in Transit-Oriented Development
Bush Turnpike Station
52. DART’s Role in Transit-Oriented Development
Galatyn Park
53. DART’s Role in Transit-Oriented Development
Galatyn Park
54. DART’s Role in Transit-Oriented Development
Galatyn Park
55. DART’s Role in Transit-Oriented Development
TOD: Spring Valley Station
56. DART’s Role in Transit-Oriented Development
TOD: Spring Valley Station
57. DART’s Role in Transit-Oriented Development
Mockingbird Station
58. DART’s Role in Transit-Oriented Development
Mockingbird Station
59. DART’s Role in Transit-Oriented Development
Mockingbird
Station
62. DART’s Role in Transit-Oriented Development
Mockingbird Station
63. DART’s Role in Transit-Oriented Development
TOD: Dallas CBD
64. DART’s Role in Transit-Oriented Development
Downtown Dallas
1996:
300
residential
units
2012:
7,500
residential
units +
restaurants,
bars,
grocery
stores, etc.
65. DART’s Role in Transit-Oriented Development
Future Dallas Streetcar Line
Dallas is
building a 1.6-
mile streetcar
line that will
be expanded
to serve
neighborhood
s around the
city center.
source: Dallas 360 Plan
65
66. DART’s Role in Transit-Oriented Development
Union Station to Oak Cliff Streetcar Project
67. DART’s Role in Transit-Oriented Development
M-Line Trolley
68. DART’s Role in Transit-Oriented Development
Bicycle Sharing / Car Sharing
69. DART’s Role in Transit-Oriented Development
Downtown Carrollton Station
70. DART’s Role in Transit-Oriented Development
Downtown Carrollton Station
71. DART’s Role in Transit-Oriented Development
Cedars Station
72. DART’s Role in Transit-Oriented Development
TOD: Cedars Station
73. DART’s Role in Transit-Oriented Development
Cedars – South Side, Phase I
74. DART’s Role in Transit-Oriented Development
Cedars – South Side, Phase II
75. DART’s Role in Transit-Oriented Development
Downtown Garland Station
77. DART’s Role in Transit-Oriented Development
Southwestern Medical District/Parkland
78. DART’s Role in Transit-Oriented Development
Southwestern Medical District/Parkland
79. DART’s Role in Transit-Oriented Development
Baylor Station
80. DART’s Role in Transit-Oriented Development
Baylor Station
81. DART’s Role in Transit-Oriented Development
Victory Park
82. DART’s Role in Transit-Oriented Development
Colleges & Universities
There is a huge
opportunity to
reach “Millennials”
with TOD near
higher education
institutions.
82
83. DART’s Role in Transit-Oriented Development
North Lake College
84. DART’s Role in Transit-Oriented Development
Illinois Station
• DART Police HQ
• Historic
• LEED Certified
85. DART’s Role in Transit-Oriented Development
TOD: South Irving Commuter Rail Station
86. DART’s Role in Transit-Oriented Development
Parking Capacity – Development Opportunity
87. DART’s Role in Transit-Oriented Development
Transit Center / Operating Excess Strategic
Rail Stations Park & Ride Facilities Properties Acquisition
89. DART’s Role in Transit-Oriented Development
Housing Trends
• Less
homeownership
• Less mobility
• More multi-
generational
• More energy
efficient, smaller
• Closer to transit
• Mixed-use
90. DART’s Role in Transit-Oriented Development
Smaller Office/Retail Space
OFFICE RETAIL
• Smaller space/employee • Internet sales reduce need
for inventory
• Near transit
• “Experience” retail
91. DART’s Role in Transit-Oriented Development
Trending: Less Is More
The average
size of the
single-family
home is
declining.
Is the
McMansion a
thing of the
past?
92. DART’s Role in Transit-Oriented Development
The “Connected” Generation
93. DART’s Role in Transit-Oriented Development
Is the Age of Sprawl Over?
94. DART’s Role in Transit-Oriented Development
For More Information
Jack Wierzenski, AICP
Director, Economic Development & Planning
Dallas Area Rapid Transit (DART)
PO Box 660163/1401 Pacific
Dallas TX 75266-7213
Wierzens@dart.org
www.dart.org/economicdevelopment