The URL can be used to link to this page

Agenda 05/11/2005 W CRA Board Commissioner James N. Coletta Commissioner Fred W. Coyle Commissioner Donna Fiala Commissioner Frank Halas Commissioner Tom Henning Advisory Board Bill Neal Chairman Karen Beatty Ron Fowle Rod Garner Chuck Gunther Phil McCabe William Mears Mike Valentine CRA Staff )avid L. Jackson Executive Director Tammy Williams THE BAY SHORE/GATEWAY TRIANGLE REDEVELOPMENT AREA COMMUNITY REDEVELOPMENT AGENCY 2408 LINWOOD AVE SUITE 11 NAPLES, FL 34112 PHONE 239.643.1115 FAX 239.775.4456 AGENDA CRA Board and Local Advisory Board May 11,2005 OPENING REMARKS ADVISORY BOARD CHAIRMAN NEAL CRA BOARD CHAIRPERSON FIALA OLD BUSINESS · BAYSHORE/GATEWAY UPDATE - DAVID JACKSON o REVISION OF SITE IMPROVEMENT GRANT PROGRAM o DAVIS BLVD BEAUTIFICATION o DAVIS BLVD LIGHTING GRANT o CDBG SIDEWALK GRANT - SHADOWLAWN · SEWER LINE ISSUE o GATEWAY STORMWATER PROJECT · LAND ACQUISITION o FOLLOW-ON STREETSCAPE PROGRAM o CONSULTING CONTRACT · GATEWAY OVERLAY · BA YSHORE OVERLAY NEW BUSINESS · BUILDING PARTNERSHIPS -DAVID JACKSON o MSTU I CITY OF NAPLES I COMMUNITY I FINANCIAL ORGS o RESIDENTIAL STREETSCAPE DEMONSTRATION PROJECTS o PRIVATE SECTOR DEVELOPMENT · ADVISORY BOARD ANNUAL GOALS - DAVID JACKSON · CRA FY2006 BUDGET (PROPOSED) - DAVID JACKSON · AFFORDABLE HOUSING - BILL NEAL · CRA ORGANIZATION - BILL NEAL ADJOURN THE BAY SHORE/GATEWAY TRIANGLE REDEVELOPMENT ARE,\ 2408 LINWOOD AVE, SUITE 7-UNIT 11 NAPLES, JlL 34112 PHONE 239.643.1115 FACSIMILE 239.775.445(, f BAYSHORE GATEWAY TRIANGLE COMMUNITY REDEVELOPMENT AGENCY -.; .. "- Tomorrow CRA Board and Advisory Board Joint Workshop May 11,2005 CRA Board and Advisory Board Joint Workshop May 11,2005 PURPOSE The purpose of this joint workshop is for the Bayshore Gateway Triangle CRA Local Advisory Board and CRA Board to exchange information, thoughts and ideas, and to receive recommendations and guidance as necessary. Specifical1y the Advisory Board will update the CRA Board on past activities, current projects and activities, and their annual goals and objectives for the successful redevelopment of the Bayshore Gateway Triangle CRA. The Advisory Board's proposed FY2006 budget is included for review and discussion. ADVISORY BOARD MISSION STATEMENT The Bayshore Gateway Triangle CRA Local Advisory Board provides the leadership to promote the sound development and redevelopment of the CRA by focusing financial resources to improve infrastructure, appearance, architecture, landscaping and design, and provide economic stability and safety. 2 ----,....---..-- EXECUTIVE SUMMARY The Bayshore Gateway Triangle Redevelopment area has experienced substantial growth since it was created in 2000. The growth has been steady in both the residential and commercial markets, with private investors taking note of the area's potential and capitalizing on those opportunities. Many public factors have contributed to this solid growth, specifically the Bayshore MSTU program, the creation of the CRA, active participation by the CRA Advisory Board, establishing a permanent executive director position, positive support from the County planning staff and the guiding oversight of the Board of County Commissioners when sitting as the CRA Board. The Advisory Board has carefully guided the economic progress and physical improvements that have been accomplished in the last five years. This year the Advisory Board began a more aggressive approach to the redevelopment of the area by holding its first annual goals session to review their past successes, discuss future strategies, and set clear and achievable goals and objectives for the next five years. During the four hour goal session the Advisory Board subdivided the CRA into four interdependent districts, discussed them as individual areas and their relationship with the other districts. Then they created a set of objectives for each area. These objectives were then discussed and prioritized. The results are listed in four tables, in priority and with their associated point totals. The Advisory Board reviewed the CRA's taxab1e property values, the growth of the tax base over five years, the associated Tax Incremental Financing (TIF) increase and its growth with the tax base, and then reviewed prior year's budgets. Their analysis of revenues and expenditures gave a good picture of the possibilities for future redevelopment programs. They then looked at future projections of TIF revenues based on past growth data. For FY2006, the Advisory Board expanded the CRA budget in detail to include recommended and budgeted capital improvements, growth billets for future personnel, and budgeted reserves for out-year projects. Then each portion of the proposed FY2006 budget was analyzed as a percentage of the overall revenues available for FY2006, and those percentages and relationship to each category is displayed as pie chart. With the Advisory Board's intent to allocate 74% of available CRA TIF funds to capital improvements, project funds were assigned to the Advisory Board's goals/objectives for each district in the CRA. These amounts are placeholders and working estimates for planning purposes. These are the numbers following each goal/objective. As specific programs and projects are designed, bid and approved, remaining capital improvement funds may have to be adjusted. 3 - ,,",-"._--~-,,,-_.._^.._-,,._.._~_._-,"_._~'- ECONOMIC POSITIONING STRATEGY The key strategic issue for the Bayshore Gateway Triangle CRA is how to ensure that the area gets a good share of the County's economic growth. In some ways, this issue is no different from the issue facing older sections of counties and cities in the state of Florida: How to prosper when economic development trends continue to favor sprawl? The Bayshore Gateway Triangle CRA faces a more formidable challenge and that is to convince the private sector to invest in commercial and residential redevelopment in an aging community with many public infrastructure needs. The challenge is twofold: 1. Private: Permitting projects and the higher than normal development costs associated with redevelopment of existing commercial sites and buildings: potential brownfields/greyfields, and meeting current building codes, stormwater retention, landscape and parking codes. 2. Public: Locating and designating a revenue stream to design and upgrade declining or failing public infrastructure: roads and sidewalks, water/sewer systems, and storm drainage. In addressing this situation, the CRA and the County have a number of advantages, as well as some challenges. They are listed below. Following them are some opportunities or specific suggestions on how the CRA and County might address three tasks that appear to be most critical in ensuring the long- term success in the Bayshore Gateway Triangle CRA: I. Establishing a new and strong identity for the CRA area and what it offers, such that it compliment8 but does not compete with the City of Naples identity and its attractions. 2. Establishing as many new partnerships as possible (physical, private and financial partnerships, marketing, tourist-related) between the Collier EDC, Naples CRA, Chamber of Commerce, community/residential associations, TDC, Botanical Gardens and Bayshore Arts. 3. Establishing strong linkages particularly physical linkages between neighborhoods, commercial centers, governmental center, museums, Shadowlawn Elementary, and the county park system. BAYSHORE GATEWAY TRIANGLE CRA ADVANTAGES · Established residential neighborhoods · Growing residential resale market · Waterfront potential (commercial and residential) · Traditional neighborhoods with a wide range of housing costs · Small and medium business in close proximity to workforce residential areas · Strong network of collector roads · Established and ongoing MSTU beautification program CHALLENGES · Area's past and reputation in the county · Wide traffic corridors with little pedestrian feel · Residential traffic calming and safety concerns · Ageing public infrastructure elements · Flooding - residential and commercial · Diminishing affordable housing stock · Incompatible land uses where heavy commercial activities border residential neighborhoods 4 OPPORTUNITIES AND POTENTIAL CHALLENGES · Understand TDC, Chamber of Commerce and EDC objectives and build linkages to get a share of the new activity created by these economic organizations · Identify niches that complement, but don't generally compete with downtown Naples · Dredging of waterways and canals for boater access thus increasing property values · Continue building and promoting Bayshore Drive, Art Village and Botanical Gardens as a tourist destination · Support mixed-use designations and rezoning to increase live-work-play activity centers · Monitor rezoning of C4 & C5 properties to mixed use, and with EDC support, request BCC creation of more C4/C5 land elsewhere in the county, if required · Strengthen attractiveness of neighborhoods to limit decline of housing stock and property values and to entice private investment · Reduce impact of commercial activity at residential - commercial property lines OTHER STRATEGIES · Contact affected property owners to determine their level of interest in participating in proposed redevelopment activities · Form basic public/private development agreements to be used for developer solicitation on selected projects · Work with financial institutions to develop favorable loan programs for private-sector property rehabilitation projects · Research bond feasibility for financing major public facilities FOUR KEY AREAS OF THE CRA There are four key areas within the CRA boundaries that are particularly important in considering the economic and social development of the area: · Bayshore Residential (TABLE I) · Bayshore Neighborhood Commercial (TABLE 2) · Shadowlawn Residential (TABLE 3) · Gateway Triangle Commercial (TABLE 4) Other areas such as the heavily traveled commercial corridors US41, Davis Blvd and Airport-Pulling Road are major thoroughfares that are important to moving through-traffic that is not doing business in the CRA area. They also provide access to small businesses that inhabit the strip malls and warehouse district. Redevelopment of the bordering commercial properties will be monitored and promoted. 5 ._....._,----_.-,-".~,~..".._........._".'-"~. TABLE 1 Bayshore Residential Bayshore Residential Stonnwater Housing Rehabilitation Plan - Site Imp Grant Mixed Use Power Center - Artist Village Residential Demonstration Projects Streetscape Extensions Schedule/Fund Neighborhood Visioning Projects Fanner's Market Create Destinations - Marketing Road Plans Dredging Raise the Bayshore Bridge Walkway to Sugden Beautification of Dells Asphalt Road at Southern end of Bayshore TOTAL SHORT LONG FUNDING FUNDING FUNDING FUNDING FUNDING PRIORITY TERM TERM FY06 FY07 FY08 FY09 FY10 70 X 75K 100K 150K 58 X 50K 50K 50K 55 X 20K 100K 50 X X 50K 50K 50K 49 X 100K 100K 100K 100K 48 X 30K 30K 30K 43 X 5K 5K 39 X 10K 10K 10K 10K 10 X 20K 20K 20K 20K ì 10 X 10 X 200K 10 X 25K 10 X 10K 5 X 50K 330K 475K 315K 180K 250K TABLE 2 Bayshore Neighborhood Commercial Bayshore TOTAL SHORT LONG FUNDING FUNDING FUNDING FUNDING FUNDING Neighborhood Commercial PRIORITY TERM TERM FY06 FY07 FY08 FY09 FY10 Site Location Feasibility Study - Pocket Garages Apply - Cultural Facilities Grants - Acquisition Apply - Cultural Arts Action Plan - National Trust Fanner's Market Artist Village / Art Center / Museum Complete Zoning Overlays Land / Property Acquisition Bayshore - Artist Village Zone Build Public-Private Partnerships (Land Owners) Parking Garage(s) Entertainment Center - Artist CO-OP Detennine Site Development Locations Solicit Developers RFQ/RFP Process Detennine Urban Infill Projects/Locations Cultural Arts Create Destinations - Marketing Parks Raising Height of Bayshore Bridge Public/Private Working Capital Financing 53 X 30K 51 X 10K 50K 100K 75K 51 X 25K 10K 49 X 5K 2K 2K 2K 46 X 75K 100K 100K 41 X 100K 41 X 50K 150K 150K 41 X 39 X 39 X 200K 500K 2.5M 39 X X 10K 10K 10K 10K 38 X 50K 25K 10K 10K 33 X 2K 3K 5K 2K 2K 30 ¡ 5K 5K 5K 5K 5K 23 X X 5K 5K 5K 5K 5K 21 X 10K 10K 10K 10K 10K 10 X 50K 50K 75K 10 X 100K 7 X 50K 282K 443K 647K 784K 2.6M 6 TABLE 3 Shadowlawn Residential Shadowlawn TOTAL SHORT LONG FUNDING FUNDING FUNDING FUNDING FUNDING Residential PRIORITY TERM TERM FY06 FY07 FY08 FY09 FY10 SchedulelFund Neighborhood Visioning Projects Housing Rehabilitation Plan - Site Imp Grant Residential Demonstration Projects Mixed Use Power Center I Town Center Streetscape Extensions Create Destinations - Marketing Residentiallnfill Projects Fanner's Market Road Specification Plan Road Right of Way 72 X 10K 30K 58 X 50K 50K 50K 57 X 150K 150K 150K 56 X 200K 300K 1M 49 X 150K 150K 200K 300K 400K 41 X 5K 10K 10K 5K 5K 40 X 50K 50K 38 X 2K 2K 2K 10 X 2K 4K 6K 10 X 217K 444K 668K 757K 1.4M TABLE 4 Gateway Triangle Commercial Gateway Triangle Commercial Gateway Stonnwater Study Shadowlawn, Commercial, Linwood CRA Land Acquisition Gateway Overlay Comprehensive Plan - C4IC5 Zoning Changes Detennine Site Development Locations Site Location Feasibility Study Design Public Water Amenity Gateway - Mini-Triangle Pocket Garages (CDBG Funds) Solicit Developers RFQ/RFP Process Stonnwater (1-3-5-Year Plans) Land / Property Acquisition Complete Zoning Overlays Build Public-Private Partnerships (Land Owners) Streetscape Extensions Parking Garage(s) Detennine Urban Infill Projects/Locations Addressing maintaining C4/C5 Public/Private Working Capitol Financing TOTAL SHORT LONG FUNDING FUNDING FUNDING FUNDING FUNDING PRIORITY TERM TERM FY06 FY07 FY08 FY09 FY10 75 X 200K 200K 500K 70 X 300K 400K 64 X 50K 100K 500K 500K 63 X 100K 61 X 60 X 30K 59 X X 30K 30K 59 X 500K 56 X 54 X 500K 500K 53 X 5K 5K 5K 45 X X 43 X X 50K 100K 500K 1M 500K 41 X 40 X 39 X 50K 100K 150K 300K 31 X 200K 200K 4.5M 29 X 30K 30K 30K 10 X 8 X X 305K 1.4M 2.9M 2.5M 5.0M 7 TABLE 5 CRA PROPERTY VALUE INCREASES BY YEAR Graph shows increases plotted. YEAR PROP TAX TAXINCR 0/0 CHG 1999 288,081,106 2000 317,372,765 29,291,659 10.0% 2001 344,028,693 26,655,928 8.400/0 2002 388, 101,306 44,072,613 12.80% 2003 431,519,296 43,417,990 11.20% 2004 475,282,882 43,763,586 10.10% 2005 527,563,999 52,281,117 10.90% NET 239,482,893 83.100/0 CHART 1 CRA PROPERTY TAX BY YEAR _____.... ___w,___ Calendar Year Taxable Property Value CI) .¡ 600,000,000 - · I I I · ~ ~ 400,000,000 --:=t==f~~~-- - --i-- - l200,000,000 --r---- T- -I--r-I -. ~ 0 ~- . I I I a.. 1999 2000 2001 2002 2003 2004 2005 Calendar Year ---.----..----..-- -.--...---......-------..-....------. ..-----. -+-- Taxable Property Value ______~_~_._~_,._~._.______________..____...______.....____________._____.___.____.__~_...______.,...._____._____.____.__.~._... __.________________...n________.._____..__________ 8 CHART 2 CRA TIF (Tax Increment Financing) REVENUES BY YEAR B-G-T CRA TIF 1200000 ()) 1000000 ::J c: 800000 ()) ~ 600000 cr: u.. 400000 ~ 200000 o .-----'-- ---- .. .-_...~---,.~--- . ~._-~_.- -". _ .__..___~_n _~_ 8,300---- 5JQO ---------------- ___ 0+6(1Q ----~- 10,917\ I 2000 2001 2002 2003 2004 2005 2006 Years -------.---------'.------ ...---.....-----....-----.. ---,-,_.------- -+- B-G-T CRA TIF ______u___.,_________··____··__···____···___··'·'_____---..--... -.---- ------..~--_.-_.---....------ _n___.____________ CHART 3 CRA EXPENSES FY2006 - PROPOSED CRA Expenses FY2006 Operations 3% Personnel 9% l Reserves 10% Cap Imp 74% _ __ .._~_____._..________m__ _~.._..__~._._ Grants 4% c---·-----·------·------·--·--··-------·------··--------..--.---.----.--.-.-....-.-J Reserves . Grants 0 Cap Imp 0 Operations . Personnel m' _.__ -- 9 .- ..".._._--~~"..._~-""~'''~~-,.~---- TABLE 6 BAYSHORE GATEWAY TRIANGLE FY2006 BUDGET - PROPOSED Revenues $ 2,008,627 !rota I Revenue $ 2,526,250 $ 5.500 Interest $ 5,500 S 931,800 Carry Forward $ 1,455,050 $ 833.000 rrlF $ 1,065,700 Personal Svcs $ (83,800) Total Personal $ (232 550) $ (e33800) Director $ 118,800 Proaram Manaaer $ 68,750 S (14400) Office Manaaer $ 45,000 Exoenditures $ (337,227) Totat Exoenditures $ 164,500) Mise $ 7,200 lTemp Labor $ 7,200 Trave $ 10,200 Reimbursemen $ 1,200 Professional $ 9,000 Office $ 18,700 Electrica $ 3,000 Phone $ 2,000 Lease $ 12,500 InsuranCE $ 1,200 Operations $ 11,400 Printinc $ 2,000 postaae $ 1,000 Cell Phone $ 1,200 CODvinc $ 2,000 Gfc Supplies $ 3,000 Du~ $ 1,200 Leaal AdvertiSE $ 1,000 Capital Eaui~ $ 17,000 Ofc EauiDmen $ 8,000 Computers $ 3,000 Software $ 1,000 Data Processinc: $ 5,000 Capital Improvements 1: Total Cap Improve $ (1,875,000) Contractural Svcs HDR $ 250,000 Landscape Projec $ 125,000 Hardscape Proiec $ 125,000 SignagE $ 30,000 Gatewa~ $ 150,000 Architectural Desigr $ 100,000 Grant Matchin!1 $ 100,000 Stormwate $ 200,000 Land Acquisition $ 500,000 Parkina Facilitv Desiall $ 250,000 Uahling $ 45,000 Grants In Aid $ (200000\ Total Grants In Aid $ (100000) $ (176.0001 Comm J Residentia $ 100,000 S ',24.000, Impact Fee $ - Reserves $ 11,387,6001 iT otal Reserves $ (254 20m Continaencies $ 100,000 CaDital Outla~ $ (13, 8(0) $ 1 54 200 $ Balance $ - 10 .-.."..-..---.-.,... ~"""'~_"""'>"'''_''_~''n'____'"-''