Downtown Streetcar Development & Investment GuIde

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downtown streetcarDevelopment& InvestmentGuide

downtown streetcarDevelopment & Investment GuideThe Kansas City Downtown Streetcar will provide an integrated multimodal, high-quality transit network that links communities,improves mobility by enhancing transit access and options, supports projected growth, promotes economic development andencourages strategies to develop livable communities.The Downtown Streetcar Development and Investment Guide aims to foster the revitalization and redevelopment of thedistricts served by the Downtown Streetcar. The increased mobility and convenience created by the streetcar supportsinvestment opportunities on more than 113 acres of underutilized land and several vacant buildings and lots within a quartermile radius of the route.Targeted to anyone who is interested in being part of the transformation of the streetcar districts – from investors and bankersto business owners and developers – this guide includes the following information to aid development and investmentdecisions: 2Information about the Downtown Streetcar and the districts along its route;The community’s vision for these districts;An overview of recent developments as well as the development potential present in the corridor; andDetails about development prospects in the area.Downtown Streetcar Development and Investment Guide

the kansas city downtown streetcarRegional and local plans and policies have formally identified the need for a north-south fixed-transit spine traveling throughthe downtown core. A fixed transit route along Main Street is currently under construction. The Downtown Streetcar will: Connect: Develop a transit spine around which existing transit can be more effectively organized. Develop: Convert underutilized surface parking lots to transit oriented development. Sustain: Preserve downtown’s historic character by supporting re-use of vacant/underutilized historic buildings;promote appropriately scaled infill development.The Kansas City Downtown Streetcar is a collaborative public-private partnership among the City of Kansas City, Mo., KansasCity Area Transit Authority, The Mid-America Regional Council, and Jackson County, Mo.the greater downtown areaThe Greater Downtown Area Plan (2010) recommendedthe construction of a fixed transit line along Main Street inorder to connect neighborhoods and support a strong urbancommunity. The Downtown Streetcar connects four of thetwelve Greater Downtown Area neighborhoods. The GreaterDowntown Area is home to 20,219 people - 20% of whom livewithin a 5 minute walk of the streetcar line.project characteristics Route: 2 miles with 16 stops roughly every 2 blocks Vehicle: The Downtown Streetcar will use Urbos 3streetcars manufactured in Elmyra, New York. Thecars have four doors on each side and are capable ofaccommodating 148 riders comfortably. The vehiclesare sleek, modern streetcars – much different from thevintage trolleys seen in some other cities. Ridership: Forecasted daily ridership is approximately2,700 riders on opening day. Maintenance: A new maintenance facility for thestreetcar in the River Market is now open.the LineThe Downtown Streetcar line travels from the River Market,through the Central Business District into the Crossroadsand to Crown Center/Union Station. Passengers can takethis two-mile route to buy local produce at the City Market,see a concert at the Sprint Center, peruse art galleries onFirst Fridays, or take the family to Legoland, the Aquarium orUnion Station. The Downtown Streetcar will provide not only aunifying service between Downtown attractions, but will alsoconnect to regional transportation services such as the MAXBRT lines, bus routes and national Amtrak service.construction scheduleConstruction on the track is complete and the vehicles arebeing tested. For more information visit www.kcstreetcar.org.www.kcstreetcar.org3

The downtown streetcar route & DistrictscharacteristicsEach streetcar district has a strongidentity that new investment anddevelopment aligns with to supportauthentic places. The area within a5 minute walk of the streetcar routeboasts the following: 45,872 jobs – 45% of theGreater Downtown Area total 3,067 housing units – 87.4%which are occupied A 204% increase in housingunits from 2000 to 2010 20.1 million square feet of officespace Approximately 2 million squarefeet of commercial and retailspace – 2.9% vacancy rate 54% of residents hold abachelor’s degree or higher Predominately between the agesof 25-34 years old (45.2%)river Marketcentralbusinessdistrictcrossroadscrown center/union station4Downtown Streetcar Development and Investment Guide

DistrictsRIVER MARKETThe northern terminus of the streetcar is the River Market – Kansas City’s oldest districtmuch of which is on the National Register of Historic Places. The district is located directlysouth of the Missouri River and provides access to river views from the Town of KansasBridge and the Riverfront Heritage Trail. Historic buildings are home today to offices,residences, restaurants and shops all among quaint walkable streets. The River Marketis also home to the City Market, the region’s largest farmers’ market, which draws nearly600,000 visitors a year, and to the Steamboat Arabia Museum, where visitors can learnabout steamboat life on the Missouri River. The neighborhood also boasts monthly eventssuch as the Wine Walk and outdoor concerts. Available vacant land and close proximity tothe river will be an important asset for future development. The River Market also has thepotential to link to future streetcar routes north of the Missouri River.central business districtDefined by the iconic art deco and glass towers, this district perfectly mixes business andpleasure into a culturally rich and vibrant neighborhood. In this district people can walk toevents at the Sprint Center and the Midland Theatre and to happy hour at Power and Light.In 2012 the Power and Light District brought in 9.1 million visitors, and the Sprint Centerattracted 1.1 million visitors. The eight-square-block Kansas City Convention Center includesa variety of exhibit and meeting space. The Central Business District comprises high- and lowrise buildings, civic structures, parks, schools and churches. Numerous parcels of under usedland are available in the form of surface parking lots. The expanding housing market, volumeof daily workers and new attractions in the Central Business District creates a strong base ofsupport for future development.crossroads arts districtHome to more than 400 local artists and 100 independent studios, the Crossroads ArtsDistrict is one of the most concentrated gallery districts in the nation. The Crossroads is morethan art; the district is an enclave of boutique shops, restaurants, businesses and severalresidential lofts. Several local creative companies have offices in the district includingarchitecture firms, marketing agencies and local startups. The Crossroads comes alive eachfirst Friday of the month as galleries and artist studios open their doors to the public. In 2011the Kauffman Center for the Performing Arts opened, which attracted more than 475,000people in its first year. Additionally, the University of Missouri-Kansas City is planning todevelop a Downtown Arts Campus in the neighborhood. Opportunities for development existin the form of surface parking lots and several historic vacant buildings.crown center/union stationThe intersection of Main Street and Pershing Road is a short walk from the Sea LifeAquarium, Legoland, Crown Center, Science City, Union Station, Liberty Memorial, theNational World War I Museum and the Hallmark Cards Headquarters. The Crown Center/Union Station area boasts family friendly attractions and hotels, as well as high endrestaurants and shopping. The area hosts events and exhibits year round making it an activeand engaging place. In 2012 the new Legoland Discovery Center and Sea Life Aquariumbrought in 6.5 million visitors. Hallmark Cards Headquarters, which employs approximately3,200 people, is located on the Crown Center Campus. The district is the southern terminusof the Downtown Streetcar and a potential connecting point for future streetcar routes.www.kcstreetcar.org5

development visionThe streetcar serves as a catalyst for economic development and aims to support a livable, walkable and economically andenvironmentally sustainable downtown. Creating a strong physical connection between the streetcar neighborhoods sets thestage for a strong downtown community through supporting existing and new business, improving livability and expanding thecultural environment. In order to reach this vision, development in the streetcar corridor promotes the following:retail characterNew retail opportunities within the streetcar corridor provide continuous activity from early morning to mid-day and into theevening. Retail in the downtown area capitalizes on the unique character of historic buildings and streetscapes to reflect thevariety and diversity of local flavor. Walkable places are supported by a mix of vibrant shopping and dining. This mix is anamenity that activates the street, provides communal gathering spaces and fosters personal interaction.sustainabilityThe Downtown Streetcar districts are uniquely poised to be the model for the City’s green vision. They boast some of the city’smost walkable blocks and reusable buildings, and the streetcar itself is an incredibly energy efficient form of transportation.Investment in new buildings and businesses, as well as infrastructure, must focus on the triple bottom line – economy, equityand the environment. The Downtown Streetcar supports a number of local and regional initiatives, such as the Kansas CityClimate Protection Plan, to help grow Kansas City as a leader in the green movement.district IDENTITYIn order to preserve established character, older buildingscan be rehabilitated into new housing, retail or office spaceinstead of being torn down, and new developments willpromote density. A critical mass of people and services is vitalto the sustainability of the streetcar district. By capitalizingon the proximity of the streetcar, developments will supportbuilding vibrant districts with centralized amenities.New development and investment must balance visitorinterests and needs with the desirable components of alivable, local community. Ensuring an authentic experiencefor residents and visitors alike strengthens and enriches thestreetcar districts.housing diversityA strong community surrounding the Downtown Streetcarrelies on the presence of diverse quality housing stock.Kansas City’s policy direction is to create not only a mix ofland uses in the downtown area, but also a mix of housingtypes for a variety of income levels. Housing in the downtownarea includes a mix of market rate and income-restrictedapartments and market rate condominiums.6Downtown Streetcar Development and Investment Guide

policiesAn integral part of the success of the streetcar corridor will be the various sources of support available to developers andinvestors. A variety of tools, incentives and organizations exist to support investment in the streetcar districts.PolicyDC and DX ZoningContact:City Planning andDevelopmentCity of Kansas City, Mo.(816)513-1500AdvanceKCContact:Economic DevelopmentCorporation(816)221-0636AboutIn order to create an area conducive todevelopment, the City of Kansas City, Mo.created the Downtown Streetcar Area. Thisarea is zoned DC (Downtown Core) or DX(Downtown Mixed-Use).DC zoning intends to promote high-intensityoffice and employment growth within thedowntown core. DC zoning accommodates amix of office, commercial, public, recreationand entertainment uses. DX zoning aims toaccommodate office, commercial, custommanufacturing, public, institutional andresidential development. Properties zoned DCor DX are exempt from parking requirementsand density is not limited.The AdvanceKC economic developmentstrategic planning initiative was launched inthe fall of 2011 to determine how the City canmore effectively use its competitive assets togrow its economy to the fullest potential. Cityand community leaders worked with aconsulting team to analyze the City’scompetitive advantages, which resulted in acomprehensive local strategy that tiestogether current efforts, identifies visionary,aggressive new initiatives, and provides theframework needed to increase the economiccompetitiveness and livability of Kansas City.Using the new Community Impact AssessmentScorecard, based on the economicdevelopment priorities of the City Council,projects will be evaluated for City assistanceand incentives. The scorecard is designed tomore favorably support projects that increasedensity within the streetcar corridor. Anincentive package will be developed for theproject based off of the results of thescorecard.The Downtown Streetcar TransportationTDD ProjectCoordination Program Development District (TDD) Project IncentiveContact:City Planning andDevelopmentCity of Kansas City, wn Council(816)421-1539Available Assistance& Coordination Program has beenimplemented for to ensure a high level ofcommunication and coordination among allparties involved in the success of privatedevelopment within the Streetcar TDD, and toprovide development process serviceincentives to projects within the TDD. The TDDincludes all parcels within the boundaries ofthe Downtown Streetcar Taxation District.The Downtown Council implements manyeconomic development strategies with thegoal of achieving a healthy diverse Downtowneconomy. From advocating for streamlineddevelopment processes, to recruiting andretaining businesses, to encouraging publicinvestment and master planning, the DTC isinvolved directly and indirectly with all phasesof economic development downtown.The City of Kansas City, Mo. recognizes thesignificant benefits private development alongthe streetcar line will bring to our downtown.To support projects within the TDD, the Cityhas established a project incentive andcoordination program. Program highlightsinclude: Project Facilitator Program Development Assistance Team meetings Project Coordination Meetings Expedited plans review and permittingturnaround times (2 weeks for newbuildings, 1 week for tenant finish) Infrastructure assessment tools Performance metrics and measures tomonitor program effectivenessThe development staff at the DowntownCouncil offer the following services: Project assistance to the developmentcommunity and other stakeholders Assistance with finding available office orretail space, as well as available sites fornew development opportunities Provide demographic, business, economicand other information and data Assist with marketing Downtown as abusiness location, residential option andshopping and entertainment destinationwww.kcstreetcar.org7

central business district Defined by the iconic art deco and glass towers, this district perfectly mixes business and pleasure into a culturally rich and vibrant neighborhood. In this district people can walk to events at the Sprint Center and

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