DRAFT PLAN OPEN HOUSE - WordPress.com · Diversify mix of businesses ID resources to advance new and existing businesses ... your stated goals and vision. ECONOMIC DEVELOPMENT INCORPORATION

DRAFT PLAN OPEN HOUSEAugust 8, 2019

MEET THE TEAM!

TSWLand Use & Design

ONE CHAMBLEE 2

City of ChambleeKimley-Horn &

AssociatesTransportation

Bleakly Advisory GroupHousing & Economic

Development

Urban 3Comparative Market

Analysis

SouthfaceSustainability

WHAT IS A COMPREHENSIVE PLAN?

A comprehensive plan is a road map that outlines how a city’s vision will be met over time.Comprehensive plans are continuously updated, usually every 5 to 10 years.

ONE CHAMBLEE 3

HOW WILL THE PLAN WORK?

VISION STATEMENT GOALS POLICIES PROJECTS

ONE CHAMBLEE 4

PROCESS

RESEARCH & ANALYSIS VISIONING DRAFT

PLANFINAL PLAN

Study previous plansAnalyze data

Begin Community Input Survey

Interpret survey results

Planning WorkshopsCreate small area

plans

Draft recommendations and implementation plan

Draft Plan Open House

Incorporate community feedback

into planAdoption by City

Council

WE ARE HERE!

MARCH - APRIL MAY - JUNE JULY - AUGUSTSEPTEMBER -

OCTOBER

PUBLIC ENGAGEMENT

ONE CHAMBLEE 5

NEXT STEPS

We will be posting the draft planning document onto our website on August 27th for public comment.

www.onechamblee.com

September 12th - Public hearingOctober 15th - Targeted adoption dateONE CHAMBLEE 6

TONIGHT’S SPEAKERS

ONE CHAMBLEE 7

• Jonathan Gelber // Bleakly Advisory Group

• Ronit Hoffer // Mercy Housing

• Amanda Rhein // Atlanta Land Trust

CHAMBLEE COMPREHENSIVE PLAN UPDATE

ECONOMIC DEVELOPMENT AND HOUSING

PUBLIC EDUCATION OPEN HOUSE

Prepared for City of Chamblee, Georgiaand TSWApril 2019

Economic Development Overview

ECONOMIC DEVELOPMENT




Chamblee Comprehensive Plan Update – Economic Development Element

The policies, programs and activities that seek to enhance the quality of life of a community by encouraging economic activity, expand and retain employment, and support a sustainable and stable tax base to fund public investment and government activity.

ECONOMIC DEVELOPMENTWHAT IS IT?


ECONOMIC DEVELOPMENTWHAT IS IT?


Chamblee is fortunate to be connected to bil l ions of dollars of economic development assets.

TRANSIT AS ECONOMIC DEVELOPMENT


LOCATION OF JOBS

ECONOMIC GEOGRAPHY


Where are Chamblee’s Jobs?

How can we l ink jobs to homes and transit hubs?

How can we l ink services to homes and jobs?

How does our land use and zoning need to change to be ready for the jobs we want 25 years from now?

LOCATION OF JOBS

ECONOMIC GEOGRAPHY


RETAIL

ECONOMIC GEOGRAPHY


OFFICE

ECONOMIC GEOGRAPHY


Flex

Industrial

FLEX AND INDUSTRIAL BUILDINGS

ECONOMIC GEOGRAPHY


MULTIFAMILY

BUILDINGS

ECONOMIC GEOGRAPHY


PLANNED AND PROPOSED BUILDINGS

ECONOMIC GEOGRAPHY


The City of Chamblee developed its f irst citywide Strategic Economic Development Plan in 2016-2017, which was adopted in Apri l 2017.

Principles:

Unified vision & strategy

Build on existing assets

Preserve and enhance diversity and unique characteristics

PREVIOUS PLANSCHAMBLEE STRATEGIC ECONOMIC DEVELOPMENT PLAN- 2017


Goals:

Create a place where people feel comfortable leaving their offices

Create a lifelong community

Enhance live/work/play downtown

Create a sense of place.

Diversify mix of businesses

ID resources to advance new and existing businesses

Attract higher paying jobs

Create opportunities for existing residents.

Opportunity Area Analysis

8 areas identified

PREVIOUS PLANSCHAMBLEE STRATEGIC ECONOMIC DEVELOPMENT PLAN - 2017


This Planning Process:

we have identified community preferences for how you want Chamblee to shape, and adapt to, the future.

We have identified economic assets, demographics and trends

Strategic Economic Development Plan

you have identified your economic and employment goals.

Our job is to ensure that the Comprehensive Plan accommodates and promotes those goals.

This coordination will help ensure that ALL city policies, priorities, laws and regulation are supportive of your stated goals and vision.

ECONOMIC DEVELOPMENTINCORPORATION INTO COMPREHENSIVE PLAN

Economic Development Overview

HOUSING TRENDS





KEY FACTORS DRIVING HOUSING DEMAND

201913% of

PopulationOver 65

204019% of

PopulationOver 65

AGING POPULATION

68

70

72

74

76

78

80

82

1940 1960 1980 2000 2020 2040

U.S. Life Expectancy

Source: Atlanta Regional Commission, World Bank, The Lancet.

17


People are waiting longer to marry, have children and establish households.

The average age of f irst marriage

Up 4 years since 1998.

KEY FACTORS DRIVING HOUSING DEMANDDEMOGRAPHIC SHIFTS

15

20

25

30

35

1978 1988 1998 2008 2018

Men Women

Age at f irst birth:

1970: 21.5

2000: 24.9

2014 : 26.3

18


KEY FACTORS DRIVING HOUSING DEMAND

New households in the At lanta Metro Area have t rended smal ler s ince 2000:

At the reg ional level , th is demographic sh i f t represents demand for 378,000 addi t ional hous ing uni ts across the At lanta Metro area.

Source: Atlanta Regional Commission

SMALLER HOUSEHOLDS ARE DRIVING GROWTH IN THE CITY

2000: 2.5 persons /HH

2018: 2.2 persons / HH

Average Persons per household Atlanta Region 2000-8018


I t i s more di ff i cul t for people tosave for down payments andqual i fy for mortgages .

KEY FACTORS DRIVING HOUSING DEMANDACCESS TO HOME FINANCE

Wag

es:

Atlanta Metro Home PricesCredit Availability

20


KEY FACTORS DRIVING HOUSING DEMANDDEMAND FOR RENTAL IS CLIMBING

Since the Recession in 2008, the share of households renting has increased to upwards of 37%, the highest in two generations

USA % of households who rent


KEY FACTORS DRIVING HOUSING DEMANDRECOGNIZING TRANSPORTATION COSTS ROLE IN AFFORDABILITY

Most households pay more for transportation than housing


Even though the Uni ted States emerged f rom the 2008 recess ion into one of the longest per iods of economic expans ion in American h istory, the hous ing sector never fu l ly recovered.

Most parts of the country have seen hous ing construct ion return to less than ha l f -of prerecess ion construct ion act iv i ty.

KEY FACTORS DRIVING HOUSING DEMANDNATIONAL HOUSING SUPPLY SHORTAGE

“Rather than heading for another bust, we’re still feeling the effects of the last one.” - Bloomberg Businessweek, Feb 2019

23


Consumer preferences have changed. Younger f i rst - t ime home-buyers are less l i ke ly to st r ive for the suburban model o f a starter t ract -home on a cu l -de-sac .

KEY FACTORS DRIVING HOUSING DEMANDCONSUMER PREFERENCE

24


Less demand for large, single-family, owner-

occupied homes

More households without children

More small households (one or two people)

More demand for rental homes

More interest in towns, mixed-use areas, and

urban walkable development

More demand for affordable & workforce

housing

KEY FACTORS DRIVING HOUSING DEMANDWHAT DOES IT ALL MEAN?

These related demographic, consumer, and economic trends combine together to create demand from housing that is fundamentally different from that which has driven our housing markets in the past:

25


KEY FACTORS DRIVING HOUSING DEMANDINCREASING DEMAND FOR A VARIETY OF HOUSING TYPES:

Smaller HomesLoft

ApartmentsDuplexes &

Triplexes

Cottage HomesHomes for

SeniorsHomes for 20-

Somethings

Small Townhomes

Single-Family Suburban

Urban Apartments

CondominiumsAffordable

HousingRoommate

Housing

This new model o f hous ing demand can be met by a var iety o f hous ing types and models .

26

Incentives to Green Affordable Housing

June 25, 2019

Senior Residences at Mercy Park

Integration of Health & Housing• Co-located with Mercy Care• Provides residents with access to full range of health care services• Expands ability to provide health education programming

79 Units for Seniors 62+• 57 1BR/22 2BR

• 10% units for seniors with disabilities and 10% set aside for Veterans

• 100% units Affordable to 50% & 60% AMI

• Demonstration kitchen

• Fitness & computer rooms• Central community living room• Rooftop sun porch

• Covered porch and picnic area

LEED Gold

Site Selection• Brownfield• TOD (w/in ¼ mile of MARTA train)• Walking distance to stores &

businesses

Building Materials

• Energy efficient fixtures• Windows and doors• Energy Star appliances & lights

• Recycled content: Insulation, drywall• Low VOC paints, sealants, adhesives• Native, drought resistant plants &

Irrigation system

• HVAC system – sealed & tested to mitigate air loss

Testing• Ductwork• Air infiltration• VOC testing

Financing the Project

TDC 15,823,020 Sources 15,823,020

Hard Costs $10,213,062 LIHTC equity $12,603,269

Soft Costs $4,230,328 GAP $3,219,751

Land $1,379,900 DCA HOME $2,000,000

DeKalb HOME $250,000

AHP $500,000

Deferred Dev Fee $469,652

Total Soft Funds $3,219,652

Premiums for Green Building (Mercy Park)

Green Certification: ~$60,000

• Testing, consultants

Green Materials: ~$150,000-$200,000• Durable flooring• Recycled content• HVAC system• Energy Star appliances• air sealing

Local Government Impacts

Density – economies of scale

Parking Requirements• $3,000/space surface parking (56 spots @ Mercy Park)• $20,000/space podium parking

Local Gov’t Fees (~$235,000 @ Mercy Park)• Tap fees and Impact fees (~$160,000)• Building permits (~$75,000)

RE Taxes (~$130,000 @ Mercy Park)• Impacts OPEX, amount of serviceable debt

Redevelopment Plans

Amanda Rhein, Executive [email protected]

http://www.atllandtrust.org/

MISSION: The mission of the Atlanta Land Trust (ALT) is to deliver and steward permanently affordable housing proximate to the Atlanta BeltLine and other targeted areas in the city of Atlanta.

VISION: The Atlanta Land Trust will be the primary community land trust in the city of Atlanta and the largest urban community land trust in the United States.

Of the 193,000 households in the city of Atlanta:• 55% earn less than 80% of the median income, or roughly $56,000• Of these, 69% spend more than 30% of their income on housing• Affordable housing demand within the City is projected to increase

from 72,800 to 82,502 by 2027

Of the 193,000 households in the city of Atlanta:• 55% earn less than 80% of the median income, or roughly $56,000• Of these, 69% spend more than 30% of their income on housing• Affordable housing demand within the City is projected to increase from 72,800 to 82,502

by 2027

Of the 193,000 households in the city of Atlanta:• 55% earn less than 80% of the median income, or roughly $56,000• Of these, 69% spend more than 30% of their income on housing• Affordable housing demand within the City is projected to increase from 72,800 to 82,502

by 2027

Subarea 4: 3 units

Subarea 2: 10 units

Subarea 1: 23 units

Subarea 10: 26 units

Documents

DRAFT PLAN OPEN HOUSE - WordPress.com · Diversify mix of businesses ID resources to advance new and existing businesses ... your stated goals and vision. ECONOMIC DEVELOPMENT INCORPORATION