Transit Oriented Development and MARTA

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Elfrieda O’Neal’
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1 Transit Oriented Development and MARTA

2 What Is TOD? TOD is development that occurs within walking distance of transit and where the buildings, streets, and open space are designed primarily for pedestrians. While every place and every project is different, TOD usually combines the following qualities: It is concentrated and dense relative to its surroundings so that more people can take advantage of transit by living or working within walking distance of the station. It has a rich mix of land use. TOD is often referred to as placemaking or as a transit village. This means a mixed use environment, where people live, work, go to school, shop, obtain services, and have fun.

3 What Is TOD? TOD has a great pedestrian environment. Transit-oriented development is pedestrian-oriented development. The streets, sidewalks, plazas, and stations are safe and active, and streetlevel shops make walking interesting. The Station Access Hierarchy diagram to the right displays MARTA s belief that within a TOD all other things being equal passengers who arrive on foot receive the highest planning priority, followed by those who arrive by bicycle or by feeder bus. Pedestrian Bicycle Feeder Transit Drop-off Park-and-ride

4 MARTA s History of TOD Arts Center Station- One Atlantic Center Executed 50 Year Lease in 1983 Vertical Air-Rights Lease on 3.08 acres 50 Stories 1-Million S.F. Office Space

5 MARTA s History of TOD Lenox Station- Resurgence Plaza Executed 60 Year Lease in 1984 Vertical Air-Rights Lease on 1.63 acres 400,000 S.F. Office Space

6 MARTA s History of TOD Lindbergh Station Lindbergh City Center Lindbergh City Center is MARTA s Premier Mixed-Use Development; live, work, and play all within a transit station. Executed 99 Year Lease in ,000,000 S.F. AT&T Office Tower 716 Multi-Family Units 205,000 S.F. of Retail

7 MARTA s History of TOD Lindbergh Station Lindbergh City Center: 2000 Warehouses MARTA HQ Rail Station Parking Rail Station

8 MARTA s History of TOD Lindbergh Station Lindbergh City Center: Today Market Square Apts. MARTA HQ AT&T Towers Long Horns, Chili s, & Dunkin Donuts Rail Station

9 MARTA s History of TOD Lindbergh Station Lindbergh City Center: Future Market Square Apts.

10 MARTA s History of TOD Medical Center Station- St. Joseph s Hospital Executed 99 Year Lease in 2001 Original plan called for Medical Office & Multi-Family Residential Phase 1 Office Completed in 2003

11 MARTA s TOD Goals MARTA s TOD Guidelines

12 MARTA s TOD Goals 1. Generate greater transit ridership through clustering mixed use development around the stations and along corridors, 2. Promote a sustainable, affordable and growing future for the people of Metro Atlanta, and 3. Generate a return on MARTA s transit investment through enhanced passenger revenues, greater federal support, and development on MARTA property.

13 MARTA s TOD Goals MARTA Development Day March 2013 Announced MARTA s intent of restarting its TOD program. Showcased MARTA s potential TOD offerings to a regional and national audience. Five Active TOD Projects in Two Years.

14 MARTA s 5-Year Strategic Plan Created to prioritize a TOD strategy upon a market based approach for MARTA s +/- 160 acres of developable land. The meat of the plan is based upon the TOD Priority Matrix developed by MARTA and reviewed by Haddow & Co. Real Estate Consultants. Complements previous studies such as the TOD Market Overview by the Bleakly Advisory Group. The plan prescribes 10 stations that can be released for RFQ/RFP within a 5-year time frame.

15 MARTA s 5-Year Strategic Plan

16 MARTA s Joint Development Process In most cases, development on MARTA property is subject to an open and competitive process. Depending on the complexity of a site, a one or two-step solicitation method is used by MARTA. 1. RFQ/RFP or 2. RFP The instance where MARTA can waive the open solicitation process and directly negotiate with a proposer is if the proposal comes from a public agency. Local Development Authorities

17 Our Progress KING MEMORIAL STATION Over 4 acre site Approximately ½ mile from downtown Atlanta Close proximity to MLK National Historic Site, GA State University, and GA State Capital Located adjacent to Historic Oakland Cemetery A Partnership of Walton Communities & MARTA

18 Our Progress KING MEMORIAL STATION Over 4 acre site Approximately ½ mile from downtown Atlanta Close proximity to MLK National Historic Site, GA State University, and GA State Capital Located adjacent to Historic Oakland Cemetery A Partnership of Walton Communities & MARTA

19 Our Progress Proposed Development Plan 386 Multi-Family Units Density 89 u/a 20% of which are affordable/workforce units Approximately 10,000 sf of ground floor retail Available space for Historic Oakland Cemetery Visitors Center A Partnership of Walton Communities & MARTA

20 Our Progress Avondale Station Proposed Development Plan 604 Multi-Family Units 20% of which are affordable/workforce units Approximately 24,000 sf of ground floor retail Density 79 u/a A Partnership of MARTA, City of Decatur, and Columbia Ventures

21 Our Progress On The Horizon-Edgewood - Candler Park Development Plan Procurement RFP administered by Invest Atlanta on MARTA s behalf RFP due April 28, 2014 Expected Mixed Use Residential/Retail A Partnership of Walton Communities & MARTA

22 Our Progress On The Horizon-Development Day 2014 Scheduled for June New development opportunities will be announced. A Partnership of Walton Communities & MARTA

23 Questions Contact Information: Gregory T. Floyd AICP Senior Land Use Planner Department of TOD Metropolitan Atlanta Rapid Transit Authority Phone: Web: A Partnership of Walton Communities & MARTA

For the non real estate professional

For the non real estate professional An introductory case study of the building of a Transit Oriented Development Views from For Profit vs. Non-Profit Developers For Profit Developer Non-Profit Developer