RV 2014: Great Expectations for Large-Scale TOD by Bill Sirois

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Great Expectations for Large-Scale TOD AICP CM 1.5 What kinds of expectations should you have when initiating a large-scale TOD project? Hear from three different perspectives -- a private developer, a transit agency and a redevelopment authority -- about how TOD projects evolve, from concept to implementation. Learn about the pitfalls, as well as the keys to success. Real project highlights, case studies and lessons that will help you make your large-scale TOD project a success. Moderator: William C Van Meter, Assistant General Manager of Planning, Regional Transportation District, Denver, Colorado James Kennedy, Redevelopment Director (retired), Walnut Creek, California Cynthia A Parker, President and Chief Executive Officer, BRIDGE Housing Corporation, San Francisco, California Bill Sirois, Senior Manager, TOD and Planning Coordination, FasTracks Team, Regional Transportation District, Denver, Colorado

Ingenieurwesen

Great Expectations
for Large Scale TOD –
the Denver Experience
Rail~Volution - Minneapolis
September 22, 2014

RTD Overview
• Serves 8 counties (2,340 sq. miles)
• Funded by 1% sales tax
– 0.6 base system
– 0.4 FasTracks
• 1,002 buses/172 light rail vehicles
• 138 routes
• 74 Park-n-Rides
• 9,509 bus stops
• 46 light rail stations
• 48 miles of light rail
• 102 million annual boardings
• 6 operating facilities
2

The RTD FasTracks Plan
• 122 miles of new light rail and
commuter rail
• 18 miles of Bus Rapid Transit
(BRT) service
• 31 new Park-n-Rides; more than
21,000 new parking spaces
• Enhanced Bus Network & Transit
Hubs (FastConnects)
• Redevelopment of Denver Union
Station
• 57 new rail and/or BRT stations
• Opportunities for Transit Oriented
Communities
3

Gates/I-25•Broadway
Boulder Depot Square
Union Station
TOD Case Studies
4

Boulder Depot Square
Project Overview
– 71 Units of income restricted
affordable housing
– 140 room hotel
– Redevelopment of historic
depot
– 6-bay underground bus facility
5

Denver Union Station
Project Overview
- Relocated light rail station and
16th St Mall Shuttle terminus
- 22-bay bus facility
- 8 track commuter rail
- Multiple development
opportunities
8

NORTH WING BUILDING:
IMA FINANCIAL PLAZA
(November 2013)
5 Story Office Building ft.
Retail, Restaurants & Parking
3 HISTORIC DENVER
UNION STATION
(July 2014)
112 Room Boutique Hotel &
Retail
6
SOUTH WING
BUILDING:
ONE UNION STATION
(Spring 2014)
5 Story Office Building
featuring Retail
4
17 WEWATTA
(Spring 2015)
250 Unit Apartment ft. 150
Room Hotel, Office, &
Grocery Space
13
ALTA CITY HOUSE
(Fall 2014)
5 Story, 281 Unit
Apartment Building
7
16 CHESTNUT
(TBD)
18 Story Office Space
featuring Parking & Retail
14
TRIANGLE PARCEL:
16 WEWATTA
(Spring 2015)
11 Story Office Building ft.
Parking, Retail, & Office
Space
11
1900 16th STREET
(September 2009)
17 Story Office Building
featuring Retail & Living Space
1 DAVITA WORLD
HEADQUARTERS
(August 2012)
14 Story Office Building
featuring Parking
2 CADENCE APARTMENTS
(Fall 2013)
13 Story, 219 Apartment
Building ft. Retail & Parking
5
1650 WEWATTA
(December 2014)
21 Story, 290 Unit
Apartment Building ft.
Retail & Parking
8
20th & CHESTNUT
KING SOOPERS
(Late 2014 – Early 2015)
312 Unit Apartment
featuring King Soopers
Grocer
10 1601 WEWATTA
(2015)
10 Story Office Building ft.
Retail & Parking
916th & WEWATTA:
OFFICE BLDG &
HOTEL
(Late 2014)
5 Story Office Building,
160 Room Hotel, &
Retail
12
WEWATTA STREET
WYNKOOP STREET
CHESTNUT STREET
16THSTREET
17THSTREET
18THSTREET
19THSTREET
18THSTREET
15THSTREET
DELGANY STREET
COMPLETED
UNDER
CONSTRUCTION
UNDER DESIGN
3
1
2
4
5
6
7
8
9 10
11
12
13
14
15
1975 18th Street
(September 2015)
108 Affordable Housing
Units
146 Parking Spaces
15
16
1801 Wewatta
(Spring 2016)
Office Building & Hotel
16

I-25 & Broadway
Transit Overview
- 1000+ RTD-owned surface
parking spaces
- 200 leased parking spaces
- 17 bus bays
- Served by 3 light rail lines (90
sec frequency in peak)
13

Lessons Learned
• Longggggg lead time
• Agency champion/
leadership critical
• Market, market, market
• Private sector innovation
• Partnerships are key
• Flexibility (define critical
agency needs and be
flexible with other things)
16

Questions?
17
Bill Sirois
Senior Manager,
Transit-Oriented Communities
303.299.2417
William.Sirois@RTD-Denver.com

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