South Central Waterfront Advisory Board October 12, 2022 RE: 305 South Congress PUD To Mayor and City Council: We are charged with the implementation of the adopted SCW Vision Plan, as such, we would like Council to prioritize and have a deeper discussion on the following items. While we support the increased height, based on the 20 percent affordable goal overall for the district we feel the additional height should be taken into consideration and result in comparable affordable housing. With regard to affordable housing, we feel the applicant should provide 10% on-site as well as implement the 70 units at 422 to be phased out when the final project comes online. Given that the vision plan had this area as contributing the signature park, we feel that the parkland when built should be fully inviting, accessible, and usable to the general public. In accordance with the staff recommendation, the future park that is built shall meet Level 1 standards. We agree that the developer shall open the trail and publicly accessible parkland in a phased manner, but no later than 9 years after the ordinance is passed. All programming of the park shall be overseen and implemented by the COA utilizing traditional park protocol. With regard to environmental protections, we feel the developer should be required to adhere to a maximum reflectivity of 15% or less and reclaimed water as the irrigation source for the property as well as the implementation of Water Forward standards as required by city code. The applicant shall adhere to the waterfront overlay as it pertains to any setback requirements for the lake. Sincerely, Samuel Franco, Chair, South Central Waterfront Advisory Board The City of Austin is committed to compliance with the Americans with Disabilities Act. Reasonable modifications and equal access to communications will be provided upon request.
305 S. CONGRESS PUD Conceptual Open Space Map EXHIBIT G WATER QUALITY FEATURE / UNDERGROUND CISTERN 25 YEAR FLOODPLAIN LINE 432.57’ ELEVATION ACCORDING TO COA RAS MODEL GREAT LAWN PIER WATER STEPS TREE 1450 . X A M " 0 - ' 0 7 30'-0" MAX. 40'-0" MAX. CRITICAL WATER QUALITY ZONE SETBACK LINE 100’ FROM SHORELINE HALF CRITICAL WATER QUALITY ZONE SETBACK LINE 50’ FROM SHORELINE WATER QUALITY FEATURE / RAIN GARDEN 35''-0" MAX. TREE 1402 TREES 1396-7 6 75'-0" M A X. 70'-0" X. A M BOARDWALK WATER STEPS CONCEPTUAL DETAIL GREAT STEPS PRIVATE DRIVE: MINIMUM 170' DISTANCE FROM BARTON SPRINGS INTERSECTION S O U T H C O N G R E S S A V E N U E MULTI-USE TRAIL PLAY AREA TREES 1086-7 LADY BIRD LAKE WATER QUALITY FEATURE / RAIN GARDEN 100 YEAR FLOODPLAIN LINE 440.88’ ELEVATION ACCORDING TO COA RAS MODEL PRIMARY SETBACK LINE 150’ FROM SHORELINE SECONDARY SETBACK LINE 50’ FROM PRIMARY SETBACK LINE PRIVATE DRIVE PRIVATE DRIVE: MINIMUM 100' DISTANCE FROM LANEWAY C INTERSECTION PROPOSED FUTURE PROJECT CONNECT RAIL LINE AND/OR STA- TION Park Land (284,447 sf/6.53 acre, which includes the inundated land.) *PARKLAND AREA IS SUBJECT TO CHANGE BASED ON FINAL LOCATION AND DESIGN OF CAPMETRO STATION DEFINITIONS: 1. “Amenitized Water Quality Ponds” are drainage and water quality infrastructure designed to function as a filter for storm water runoff through a layer of natural materials before being discharged to the lake. Functionally used to capture pollutants and characteristically have an aesthetically pleasing configuration of native plants, rock configurations, water features, and other natural qualities that may enhance function, and accompanied by education signage. Amenitized Water Quality Ponds cannot be designed as sedimentation/filtration ponds. 2. “Great Lawn” is an open field lawn, 0.5 to 1.5 acres, which allows for people to gather and observe bats, and which also allows for a variety of recreational activities, open field play and enjoyment of the scenery, respectful of the bat population and their habitat. 3. “Great Steps” are terraced platforms sufficient in size to allow small scale numbers of patrons to gather, sit and observe activity within the park while still accommodating individuals traversing from top to bottom, and must include ADA access. 4. “Pier” is a structure extending into navigable water for use as a landing place or promenade for viewing the lake. 5. “Water Steps” are platforms sufficient in size to …
South Central Waterfront Advisory Board Meeting Item 3B: Discussion and Possible action on Tax Increment Reinvestment Zone No. 19 (South Central Waterfront) Prepared by Samuel Franco, Chair, South Central Waterfront Advisory Board What we will discuss: ● Why are we here ● What is a TIRZ ● What people are saying ● What the TIRZ will pay for and where have ● Why do we need to fund the TIRZ now and they been used next steps Why we are here Why are we here § 2-1-172 - SOUTH CENTRAL WATERFRONT ADVISORY BOARD. The South Central Waterfront Advisory Board is established to provide continuity and communication among stakeholders and advocates as the South Central Waterfront Plan moves toward implementation and to provide recommendations to the city council regarding plan implementation. ➔ Governance Structure Made recommendation to council regarding the creation of an Economic Development Corporation Wrote recommendation letter to AEDC and Council calling for creation of subcommittee ➔ Regulating Plan Council directed staff to return in 9 months with a Regulating Plan that should include increased development entitlements, bonuses, and regulations (We provided feedback to council on this topic) ➔ Funding/Financing Sources Council implemented the TIRZ in Dec. 2021 - Set recapture rate O% Note: SCWAB Board utilized the “Next Steps” identified on pg. 110 of the Vision Plan to determine priorities. Regulating Plan will outline built environment based on community benefits TIRZ dollars can be used now for planning and community benefits Logistically not tied together What is a TIRZ TIRZ - Tax Increment Reinvestment Zone Just what is it exactly? “Is a method local governments can use to pay for improvements that will draw private investment to an area. Tax increment financing isn’t a new tax; instead, it redirects some of the ad valorem tax from property in a geographic area designated as a Tax Increment Reinvestment Zone (TIRZ) to pay for improvements in the zone.” “Each taxing unit may dedicate all, a portion of, or none of the tax revenue that is attributable to increased property values brought about by improvements within the reinvestment zone. The additional tax revenue received from the affected properties is referred to as the tax increment.” Source: Comptroller of Texas Website - https://comptroller.texas.gov/economy/local/ch311/ TIRZ - How it is applied to the South Central Waterfront The City of Austin performs a rigorous “but- for” analysis Only takes into account the amount of taxable …
SOUTH-CENTRAL WATERFRONT ADVISORY BOARD SPECIAL CALLED MEETING MINUTES OCTOBER 12, 2022 AT 6:00PM The South Central Waterfront Advisory Board Convened in a Special Called meeting on October 12, 2022 at Austin City Hall, Council Chambers, 301 W. 2nd Street Austin, Texas Chair S. Franco called the Meeting to order at 6:07 pm BOARD MEMBERS IN ATTENDANCE: Samuel Franco, Chair Jeffrey Thompson, Vice Chair Ana Aguirre, Board Member Sherri Ancipink, Board Member Laura Cottam-Sajbel, Board Member Karen Paup, Board Member EX OFFICO MEMBERS IN ATTENDANCE: Michele Van Hyfte, Downtown Austin Alliance Matiur Rahman, Austin Transportation Department MEMBERS IN ATTENDANCE REMOTELY: John Guinan, Office of Real Estate Services PUBLIC COMMUNICATION: GENERAL 1. Daniel Kaveiman - 2. Wendy Price Todd – South River City Neighborhood Association 3. Zachary Faddis APPROVAL OF MINUTES The minutes from the Regular meeting of September 19, 2022 were approved on Board Member L. Cottam-Sajbel motion, Chair S. Franco seconded on a vote of 6-0. BRIEFINGS FROM STAFF Christine Maguire of the Economic Development provide information on the connection of the Regulating Plan and the proposed Tax Increment Reinvestment Zone (TIRZ) a. Discussion occurred but no action was taken 1. 2. DISCUSSION AND POSSIBLE ACTION 3. 4. Discussion and Possible action on the 305 South Congress PUD to be limited to items that were included in the South Central Waterfront Advisory Boards’ previous recommendation dated October 18, 2021. a. Board Member L. Cottam-Sajbel made a motion to draft and send a recommendation to City Council, Board, Board Member A. Aguirre seconded on a vote of 5-1. Discussion and Possible action on Tax Increment Reinvestment Zone (TIRZ) No. 19 (South Central Waterfront) a. The motion to forward a resolution to City Council, to set the recapture rate for the TIRZ failed on Chair S. Franco’s motion, Vice Chair J. Thompson seconded on a vote of 3-2-1, with Board Members S. Ancipink and L. Cottam-Sajbel abstaining. FUTURE AGENDA ITEMS 5. Discussion and possible action on Chair S. Franco’s TIRZ resolution ADJOURNMENT Chair S. Franco the meeting at 9:28pm without objection The minutes were approved with the amendments to add a hyper-link to Item 3a and correct a name of a Public Communication speaker at the November 21, 2022 meeting on Chair S. Franco motion, and Board Member K. Paup second on a 5-0 vote.
1. REGULAR MEETING of the SOUTH-CENTRAL WATERFRONT ADVISORY BOARD SEPTEMBER 19, 2022 AT 6:00PM AUSTIN CITY HALL, BOARDS AND COMMISSIONS ROOM 1101 301 W. 2ND STREET AUSTIN, TEXAS Some members of the BOARD/COMMISSION may be participating by videoconference. The meeting may be viewed online at: http://www.austintexas.gov/page/watch-atxn-live Public comment will be allowed in-person or remotely via telephone. Speakers may only register to speak on an item once either in-person or remotely and will be allowed up to three minutes to provide their comments. Registration no later than noon the day before the meeting is required for remote participation by telephone. To register to speak remotely, call or email Aaron D. Jenkins 512-974-7756 or aaron.jenkins@austintexas.gov. CURRENT BOARD MEMBERS: John Guinan, Ex Officio Rolando Fernandez, Ex Officio Josh Rudow, Ex Officio Vacant, Ex Officio (DAA) Vacant, Ex Officio (ATD) Samuel Franco, Chair Jeffrey Thompson, Vice Chair Lynn Kurth, Board Member Vacant, The Trail Foundation Ana Aguirre, Board Member Laura Cottam-Sajbel, Board Member Karen Paup, Board Member Jeff Seiden, Board Member Sherri Ancipink, Board Member AGENDA CALL TO ORDER PUBLIC COMMUNICATION: GENERAL The first 10 speakers signed up *prior to the meeting being called to order will each be allowed a three-minute allotment to address their concerns regarding items not posted on the agenda. APPROVAL OF MINUTES Approve the minutes of the South-Central Waterfront Advisory Board (SCWAB) Meeting of August 15, 2022 STAFF BRIEFINGS Staff briefing on the South-Central Waterfront Regulating Plan to be presented by Greg Dutton of the Housing and Planning Department. DISCUSSION AND ACTION ITEMS Discussion and Possible action on the South-Central Waterfront Regulating Plan. WORKING GROUP/COMMITTEE UPDATES Update from the Active Projects Working Group Update from the Finance and Governance Working Group Update from the Community Benefits, Infrastructure, and Regulating Plan Working Group FUTURE AGENDA ITEMS Note: City Code requires two board members sponsor an item to be included on an agenda. This section of the agenda provides members an opportunity to request items for future agendas. Staff should assume that if there is no objection from other members expressed at the meeting, the members’ silence indicates approval for staff to include on the next agenda. ADJOURNMENT The City of Austin is committed to compliance with the American with Disabilities Act. Reasonable modifications and equal access to communications will be provided upon request. Meeting locations are planned with wheelchair access. If requiring Sign Language Interpreters or alternative formats, please give …
1. SOUTH CENTRAL WATERFRONT ADVISORY BOARD Regular Meeting Minutes August 15, 2022 at 6:00pm The South Central Waterfront Advisory Board Convened in a Regular meeting on August 15, 2022 at Austin City Hall, Boards and Commissions Room 1101, 301 W. 2nd Street Austin, Texas Chair S. Franco called the Meeting to order at 6:04 pm BOARD MEMBERS IN ATTENDANCE: Samuel Franco, Chair Jeffrey Thompson, Vice Chair Ana Aguirre, Board Member Karen Paup, Board Member Josh Rudow, Ex Officio Laura Cottam-Sajbel, Board Member BOARD MEMBERS IN ATTENDANCE REMOTELY: Sherri Ancipink, Board Member Paul Byars, Board Member John Guinan, Ex Officio STAFF IN ATTENDANCE: Christine Maguire Aaron D. Jenkins Margaret Shaw PUBLIC COMMUNICATION: GENERAL None APPROVAL OF MINUTES The minutes from the Regular meeting of May 16, 2022 were approved on Board Member L. Cottam-Sajbel motion, Vice Chair J. Thompson second on a vote of 5-1-0. Board Member S. Ancipink abstained. DISCUSSION ITEMS Sylnovia Holt-Rabb of the City of Austin Economic Development Department and Theresa Alvarez of the Austin Economic Development Corporation (AEDC) presented to the Board their respective role and addressed questions and concerns. a. Discussion occurred by no action was taken DISCUSSION AND ACTION ITEMS Discussion and Possible action of the July 28th City Council Statesmen PUD hearing. a. Discussion occurred by no action was taken WORKING GROUP/COMMITTEE UPDATES Update from the Finance and Governance Working. a. Chair S. Franco updated the board on the Working Group’s meeting with Deputy CFO Kim Olivares, which discussed the Tax Increment Reinvestment Zone (TIRZ), other funding tool kits, and how the monies generated from these tool kits could be used for affordable housing. FUTURE AGENDA ITEMS 5. The board made a request for an update of the Regulating Plan and Funding Tools ADJOURNMENT Chair S. Franco the meeting at 8:20pm without objection 2. 3. 4.
South Central Waterfront Regulating Plan Update South Central Waterfront Advisory Board September 19, 2022 Greg Dutton – Housing and Planning Content Regulating Plan update Council direction Public engagement plan Consultant services Updated draft timeline Next Steps Regulating Plan: Council direction 9/15/22 Resolution: “This Regulating Plan should include increased development entitlements bonuses and regulations that: 1. maximize the number of affordable housing units within and nearby the District, 2. maximize infrastructure investments, such as for new streets, parks, bicycle infrastructure and trails, 3. maximize other community benefits, 4. ensure enhanced environmental standards and protections, 5. support the Project Connect transit investment the community is making, and 6. help create a connected, pedestrian-oriented, mixed use district where thousands more Austinites can live, work, and play.” 3 Regulating Plan: Council direction 9/15/22 Resolution: “…consider different approaches for increasing development entitlements and bonuses and implementing regulations, including but not limited to: 1. establishing a density bonus program, perhaps with entitlements akin to the Downtown Density Bonus Program entitlements, 2. allowing for the height, FAR, and entitlements necessary to best support the economics needed to achieve the required infrastructure and the desired community benefits for the District in the Vision Plan, or 3. ensuring additional entitlements can only be achieved through a density bonus.” 4 Regulating Plan: Council direction 9/15/22 Resolution: “…ensure development entitlements are sufficient to sustain increases in market demand in the District for the next two decades in order to account for increased costs and to avoid continual requests from developers for amendments to this Regulating Plan for increased entitlements.” “The Regulating Plan called for in this resolution may be in addition to other recommendations that the City Manager and the staff, the SCWAB, or the Planning Commission wish to bring forward to Council for consideration.” “The City Manager is directed to complete needed changes to the Regulating Plan to satisfy the above direction, and return to Council with a draft Regulating Plan by June 2023.” 5 Regulating Plan: Council direction 9/15/22 Resolution: “Until such time that the City Council has approved the South Central Waterfront District Regulating Plan, projects within this District (the South Central Waterfront District) shall adhere to existing zoning entitlements. If an applicant proposes to exceed a property’s current base zoning entitlements through an application for a Planned Unit Development (PUD) or a density bonus program, the baseline used for any density bonus program …
1. REGULAR MEETING of the SOUTH-CENTRAL WATERFRONT ADVISORY BOARD AUGUST 15, 2022 AT 6:00PM AUSTIN CITY HALL, BOARDS AND COMMISSIONS ROOM 1101 301 W. 2ND STREET AUSTIN, TEXAS Some members of the BOARD/COMMISSION may be participating by videoconference. The meeting may be viewed online at: http://www.austintexas.gov/page/watch-atxn-live Public comment will be allowed in-person or remotely via telephone. Speakers may only register to speak on an item once either in-person or remotely and will be allowed up to three minutes to provide their comments. Registration no later than noon the day before the meeting is required for remote participation by telephone. To register to speak remotely, call or email Aaron D. Jenkins 512-974-9312 or aaron.jenkins@austintexas.gov. CURRENT BOARD MEMBERS: John Guinan, Ex Officio Rolando Fernandez, Ex Officio Molly Alexander, Ex Officio Josh Rudow, Ex Officio Vacant, Ex Officio (ATD) Samuel Franco, Chair Jeffrey Thompson, Vice Chair Lynn Kurth, Board Member Paul Byars, Board Member Ana Aguirre, Board Member Laura Cottam-Sajbel, Board Member Karen Paup, Board Member Jeff Seiden, Board Member Sherri Ancipink, South River City Neighborhood Association AGENDA CALL TO ORDER PUBLIC COMMUNICATION: GENERAL The first 10 speakers signed up *prior to the meeting being called to order will each be allowed a three-minute allotment to address their concerns regarding items not posted on the agenda. APPROVAL OF MINUTES Approve the minutes of the South-Central Waterfront Advisory Board (SCWAB) Meeting of May 16, 2022 DISCUSSION ITEMS Joint presentation by City of Austin Economic Development Department and the Austin Economic Development Corporation on their respective roles regarding the South Central Waterfront to be presented by Sylnovia Holt-Rabb of the City of Austin Economic Development Department and Theresa Alvarez of the Austin Economic Development Corporation. DISCUSSION AND ACTION ITEMS Discussion and Possible action of the July 28th City Council Statesmen PUD hearing. 3. WORKING GROUP/COMMITTEE UPDATES Update from the Active Projects Working Group Update from the Finance and Governance Working Group Update from the Community Benefits, Infrastructure, and Regulating Plan Working Group FUTURE AGENDA ITEMS Note: City Code requires two board members sponsor an item to be included on an agenda. This section of the agenda provides members an opportunity to request items for future agendas. Staff should assume that if there is no objection from other members expressed at the meeting, the members’ silence indicates approval for staff to include on the next agenda. ADJOURNMENT The City of Austin is committed to compliance with …
REGULAR MEETING OF THE SOUTH-CENTRAL WATERFRONT ADVISORY BOARD MONDAY, MAY 16, 2022 AT 6:00PM AUSTIN CITY HALL, BOARDS AND COMMISSIONS ROOM 1101 301 W. 2ND STREET, AUSTIN, TEXAS 78701 MEETING MINUTES Call to order by: Chair S. Franco at 6:08 PM Board Members: Ex Officios: ✓ Chair Samuel Franco (Design Commission) ✓ Vice Chair Jeffrey Thompson (Planning Commission) __Lynn Kurth (Mayor & District 9 Joint Appointee) ✓ Paul Byars (Trail Foundation) ✓ Ana Aguirre (Environmental Commission) ✓ Laura Cottam-Sajbel (Parks & Recreation Board) ✓ Karen Paup (Community Development Commission) __Jeff Seiden (Bouldin Creek Neighborhood Assn.) __Vacant (South River City Neighborhood Assn) __Sam Tedford (Housing & Planning Dept) __ Nazlie Saeedi (Austin Transportation Dept) ✓ John Guinan/Marek Izydorczyk (ORES) __ Rolando Fernandez (Financial Services Dept) ✓ Molly Alexander (Downtown Austin Alliance) COA Economic Development Staff Liaisons: ✓ Margaret Shaw ✓ Aaron D. Jenkins Christine Maguire “✓ “Denotes who were in attendance 1. APPROVAL OF MINUTES (Discussion and Possible Action) a. Approval of the minutes of the South-Central Waterfront Advisory Board (SCWAB) Special Called Meeting of May 2, 2022 • Board Member A. Aguirre made a motion to approve the May 2, 2022, Vice Chair J. Thompson seconded • The motion was approved [ 6 ayes, 0 nays] 2. NEW BUSINESS (Discussion and Possible Action) a. Briefing on the proposed Council authorization of the Downtown Public Improvement District (PID) to be presented by Dewitt M. Peart and Bill Brice of the Downtown Austin Alliance (DAA). b. Staff briefing on the South-Central Waterfront Regulating Plan to be presented by Greg • No action taken by the board Dutton of the Housing and Planning Department. • No action taken by the board 3. OLD BUSINESS (Discussion and Possible Action) a. None 4. WORKING GROUP UPDATES & ASSIGNMENTS FROM CHAIR a. Community Benefits, Infrastructure, and Regulating Plan b. Finance and Governance c. Active Projects 5. FUTURE AGENDA ITEMS • No action taken by the board 6. ADJOURNMENT 8:35 pm Future agenda items will NOT be discussed at the current meeting, but will be offered for initiation, discussion, and/or possible recommendation at a FUTURE meeting.
Implementing inclusive and equitable public development services as a non-profit partner to the City of Austin 15 August 2022- South Central Waterfront Advisory Board AEDC BOARD & TEAM Austin EDC Standing Committees Executive • • Governance Finance • • Strategic Planning • Real Estate Project Committees: • Cultural Trust Advisory Committee • Urban Renewal Board Partnership Working Group • + future projects 2 AEDC PROJECTS South Central Waterfront Urban Renewal District 11th Street URA Development Connecting Equitably Austin Cultural Trust Austin Cultural Trust • • • Managing 100+ acre multi parcel Tax Increment district (TIRZ) when established Assuring public benefit outlined in a 2016 Vision Plan Designing tools and strategies to assure even more affordable housing, creative spaces, local small businesses Austin EDC • • • Facilitating land development on key city blocks for the only Urban Renewal Agency in City Creating cross-sector partnership and assembling tools to do additional work Restore and secure cultural identity in gentrified/displaced neighborhood. • • • Leveraging the Cap and Stitch Project on I-35 identify potential projects along corridor to further equitable development opportunities that connect rather than separate neighborhoods Identify ways to connect neighborhoods to new amenities along the corridor Develop market feasible roadmaps for projects • • • Facilitating the preservation and development of cultural and creative infrastructure Achieve diversity, equity and inclusion, Provide permanent affordability for cultural and creative purposes. 3 Great Waterfront Districts • A waterfront district, an expansion of Downtown, does not come along often. Austin did the right thing by initiating a community led vision. It’s time to put the plan into action, leveraging initial projects that are adopting the plan, and investing further in the public realm. Austin EDC South Central Waterfront | 4 How has Austin accomplished ‘big visions?’ • Each district is accomplished with a variety of public policy tools, a ’toolbox,’ partnership with the private sector, and even new tools that had to be created for the project, and all have created economic and social value. Austin EDC South Central Waterfront | 5 South Central Waterfront is a unique district with many owners Austin EDC South Central Waterfront | 6 South Central Waterfront is a unique district • Most parcels are privately owned parcels, creating a unique challenge for achieving the 2016 Vision: • Regulating Plan provides the structure—it will be ‘opt in’ • Mitigates ‘PUD’ by ‘PUD’ decision-making • Public investment provides the …
Implementation of South Central Waterfront Plan Presentation by Key Partners: Sylnovia Holt-Rabb, Director: City of AustinEconomic Development Department Theresa Alvarez, President and CEO: Austin Economic Development Corporation South Central Waterfront Advisory Board August 15, 2022 1 Agenda Background Unique Initiative of Past City Projects Master Developer Role Comparative Examples City and AEDC Roles SCW Plan Governance & Oversight SCW Plan Infrastructure Costs Next Steps 2 BACKGROUND ` PURPOSE • To establish conceptual framework to allow site-specific building enhancements in exchange for on-site and citywide community benefits. • Lays out set of tools to guide area redevelopment for next 20 years HISTORY • 1960-70s: Creation of Lady Bird (Town) Lake & beautification efforts led by First Lady of Texas • 1980s: Town Lake Corridor Study & Waterfront Overlay Combining District • 2012-13: Sustainable Places Design Assessment • 2014-16: Stakeholder Meetings & Council Briefings • 2016: ‘Greening of SCW Report’ outlines vision • 2016: Council adopts SCW Vision Framework Plan as amendment to Imagine Austin • 2020: Modified Physical Framework updated costs 3 South Central Waterfront Vision Plan 2016 & 2020 Vision Framework Plan (Adopted 2016, Updated 2020)* SCW District includes 118 acres with 34 privately-owned parcel & 1 City parcel. *Project Connect’s major mobility improvements in area were not yet determined. • Build New Infrastructure ($252M): expand street grid, add miles of sidewalks and approximately 17 acres of parks, plazas, and trails • Promote Density: add 6.4+ million square feet of new residential, office, retail, and hotels by 2040 • Make 20% of housing affordable: add 575 units by 2040 • Increase Values: est. $6.7 billion in taxable value by 2040 Multiple Sources for Financial Toolkit • Private Funding: Development Bonus Fees, Public Improvement District, Philanthropy (Conservancy) • Public Funding Sources: Tax Increment Financing, Capital Improvement (bonds), Parking, Affordable Housing Subsidies, Other • Estimated Gap estimated $400-600M (based on 2020 assumptions) • Off-site Benefits: infrastructure & affordable housing: ~$100 M • On-site Benefits: infrastructure, affordable housing & feasibility: $300 - $500M Credit: Project Connect 4 SCW Essential Components & Variables Essential Components • 305 South Congress (Statesman) PUD sets entitlements for prominent parcels • SCW Regulating Plan sets vision by subdistricts, allowing owners to evaluate options • Tax Increment Reinvestment Zone 19 offers dedicated revenue stream for District activities • Downtown Public Improvement District funds Downtown Austin Alliance Variables • Project Connect will impact portions of waterfront subdistricts. • Regulatory tools …
1. SOUTH CENTRAL WATERFRONT ADVISORY BOARD Regular Meeting Minutes August 15, 2022 at 6:00pm The South Central Waterfront Advisory Board Convened in a Regular meeting on August 15, 2022 at Austin City Hall, Boards and Commissions Room 1101, 301 W. 2nd Street Austin, Texas Chair S. Franco called the Meeting to order at 6:04 pm BOARD MEMBERS IN ATTENDANCE: Samuel Franco, Chair Jeffrey Thompson, Vice Chair Ana Aguirre, Board Member Karen Paup, Board Member Josh Rudow, Ex Officio Laura Cottam-Sajbel, Board Member BOARD MEMBERS IN ATTENDANCE REMOTELY: Sherri Ancipink, Board Member Paul Byars, Board Member John Guinan, Ex Officio STAFF IN ATTENDANCE: Christine Maguire Aaron D. Jenkins Margaret Shaw PUBLIC COMMUNICATION: GENERAL None APPROVAL OF MINUTES The minutes from the Regular meeting of May 16, 2022 were approved on Board Member L. Cottam-Sajbel motion, Vice Chair J. Thompson second on a vote of 5-1-0. Board Member S. Ancipink abstained. DISCUSSION ITEMS Sylnovia Holt-Rabb of the City of Austin Economic Development Department and Theresa Alvarez of the Austin Economic Development Corporation (AEDC) presented to the Board their respective role and addressed questions and concerns. a. Discussion occurred but no action was taken DISCUSSION AND ACTION ITEMS Discussion and Possible action of the July 28th City Council Statesmen PUD hearing. a. Discussion occurred but no action was taken WORKING GROUP/COMMITTEE UPDATES Update from the Finance and Governance Working. a. Chair S. Franco updated the board on the Working Group’s meeting with Deputy CFO Kim Olivares, which discussed the Tax Increment Reinvestment Zone (TIRZ), other funding tool kits, and how the monies generated from these tool kits could be used for affordable housing. FUTURE AGENDA ITEMS 5. The board made a request for an update of the Regulating Plan and Funding Tools ADJOURNMENT Chair S. Franco the meeting at 8:20pm without objection The minutes were approved with the corrections of two typos at the September 19, 2022, meeting on Board Member L. Cottam-Sajbel motion, and Board Member A. Aguirre second on a 6-0-0 vote. 2. 3. 4.
REGULAR MEETING OF THE SOUTH-CENTRAL WATERFRONT ADVISORY BOARD MONDAY, MAY 16, 2022 AT 6:00PM AUSTIN CITY HALL, BOARDS AND COMMISSIONS ROOM 1101 301 W. 2ND STREET, AUSTIN, TEXAS 78701 Some members of the South-Central Waterfront Advisory Board may be participating by videoconference. Public participation will be allowed in-person or via telephone. Instructions for Remote Participation (General Public): • All interested individuals of the general public must register in advance (Sunday, May 15, 2022 by noon). • Call or email the board liaison at 512-974-9312 or aaron.jenkins@austintexas.gov, no later than noon, (the day before the meeting). The information required is the speaker’s name, telephone number (must be the same number that will be used to call into the meeting), and e-mail address. If interested in speaking, please provide the agenda item number(s) you wish to speak on. • • Once a request to participate has been made to the board liaison, the information to call on the day of the scheduled meeting will be provided either by email or phone call. Board Members: Ex Officios: ___ Chair Samuel Franco (Design Commission) ___ Vice Chair Jeffrey Thompson (Planning Commission) ___ Lynn Kurth (Mayor & District 9 Joint Appointee) ___ Paul Byars (Trail Foundation) ___ Ana Aguirre (Environmental Commission) ___ Laura Cottam-Sajbel (Parks & Recreation Board) ___ Karen Paup (Community Development Commission) ___ Jeff Seiden (Bouldin Creek Neighborhood Assn.) ___ Vacant (South River City Neighborhood Assn) ___ Sam Tedford (Housing & Planning Dept) ___ Nazlie Saeedi (Austin Transportation Dept) ___ John Guinan/Marek Izydorczyk (ORES) ___ Rolando Fernandez (Financial Services Dept) ___ Molly Alexander (Downtown Austin Alliance) COA Economic Development Staff Liaisons: ___ Margaret Shaw ___ Aaron D. Jenkins ___ Christine Maguire CALL TO ORDER PUBLIC COMMUNICATION: GENERAL The first 10 speakers who register to speak no later than noon the day before the meeting will be allowed a three-minute allotment to address their concerns regarding items not posted on the agenda. AGENDA 1. APPROVAL OF MINUTES (Discussion and Possible Action) a. Approval of the minutes of the South-Central Waterfront Advisory Board (SCWAB) Special Called Meeting of May 2, 2022 2. NEW BUSINESS (Discussion and Possible Action) a. Briefing on the proposed Council authorization of the Downtown Public Improvement District (PID) to be presented by Dewitt M. Peart and Bill Brice of the Downtown Austin Alliance (DAA). b. Staff briefing on the South-Central Waterfront Regulating Plan to be presented by Greg Dutton of the …
SPECIAL CALLED MEETING OF THE SOUTH-CENTRAL WATERFRONT ADVISORY BOARD MONDAY, MAY 2, 2022 AT 6:00PM PERMITTING AND DEVELOPMENT CENTER, ROOM 1406 6310 WILHELMINA DELCO DR, AUSTIN, TX 78752 MEETING MINUTES Call to order by: Chair S. Franco at 6:20 PM Board Members: Ex Officios: ✓ Chair Samuel Franco (Design Commission) __Vice Chair Lynn Kurth (Mayor & District 9 Joint Appointee) ✓ Jeffrey Thompson (Planning Commission) ✓ Paul Byars (Trail Foundation) ✓ Ana Aguirre (Environmental Commission) ✓ Laura Cottam-Sajbel (Parks & Recreation Board) ✓ Karen Paup (Community Development Commission) __Jeff Seiden (Bouldin Creek Neighborhood Assn.) __Vacant (South River City Neighborhood Assn) __Sam Tedford (Housing & Planning Dept) __ Nazlie Saeedi (Austin Transportation Dept) __ John Guinan/Marek Izydorczyk (ORES) __ Rolando Fernandez (Financial Services Dept) ✓ Michele Van Hyfte(Downtown Austin Alliance) COA Economic Development Staff Liaisons: ✓ Margaret Shaw ✓ Aaron D. Jenkins ✓ Christine Maguire “✓ “Denotes who were in attendance 1. APPROVAL OF MINUTES (Discussion and Possible Action) a. Approval of the minutes of the South-Central Waterfront Advisory Board (SCWAB) Meeting of December 15, 2021, and February 22, 2022 • Board Member J. Thompson made a motion to approve the December 15, 2021, and February 22, 2022 meeting minutes, Chair S. Franco seconded • The motion was approved [ 6 ayes, 0 nays] 2. NEW BUSINESS (Discussion and Possible Action) a. Discussion and Possible action on FY2022-23 City Budget Recommendations. • Board Member J. Thompson made a motion to table item 2A for later in the meeting, Chair S. Franco seconded • The motion was approved [6 ayes, 0 nays] • Board Member L. Cottam-Sajbel made a motion to send a recommendation to Council for 2022-2023 budget recommendations, Chair S. Franco seconded • The motion was approved [6 ayes, 0 nays] b. South Central Waterfront Advisory Board Elections • Board Member L. Cottam-Sajbel made a motion for Chair S. Franco to remain as Chair, Board Member J. Thompson seconded • The motion was approved [ 6 ayes, 0 nays] • Board Member L. Cottam-Sajbel made a motion to nominate J. Thompson as Vice Chair, Chair S. Franco seconded • The motion was approved [ 6 ayes, 0 nays] c. Greg Dutton of the Housing and Planning Department updated the Board on the progress of the South-Central Waterfront Regulating Plan. • The Board discussed and took no action. d. Christine Maguire of the Economic Development Department presented to the Board the …
South Central Waterfront Regulating Plan South Central Waterfront Advisory Board May 16, 2022 Greg Dutton – Housing and Planning Content Regulating Plan Components Community Benefits Developer Incentives Next Steps Regulating Plan: Community Benefits Affordable housing Open space Environment Streets Streetscapes Parking (also developer incentive) Land uses (also developer incentive) Building design 3 Regulating Plan: Developer Incentives Height Floor area ratio (FAR) Density Parking (also community Land uses (also community benefit) benefit) 4 Subject Area and Subdistricts 5 2016 Framework Plan: 20% of all units at • 60-80% MFI for rental • 100-120% for ownership Community Benefit: Affordable Housing Options to meet affordable housing Provisions for all participating community benefits developments that support Fair Housing Varying set-aside rates Varying affordability levels Alternatives to onsite compliance for affordable ownership housing Fee in-lieu for non-residential bonus space may be directed towards affordable housing Affirmative marketing Source of income protections Right to subsidize additional units Provisions for onsite affordable housing that promote inclusion Proportional bedroom mix Comparable design standards Dispersion and access 6 2016 Framework Plan: 13% of district Community Benefit: Open Space Subdistricts with tiered requirements above current code (9.4 acres/1000 residents) Dedication or fee in lieu (FIL) at Parks and Recreation Department (PARD) discretion Likely combination of dedication and FIL 7 2016 Framework Plan: Various enhancements Community Benefit: Environmental Removal of impervious cover around tree critical root zone Redevelopment exception may not be used Green stormwater control measures Reclaimed water for irrigation Purple pipe construction Connect to reclaimed water main (if feasible) 8 2016 Framework Plan: Enhanced network Community Benefit: Streets Updated Austin Strategic Mobility Plan (ASMP, bottom figure) Internal circulation standards for large sites: Site 3 acres or more 400’ block lengths Sidewalks, street trees required 9 Community Benefit: Streetscapes Transportation Criteria Manual (TCM) updated cross sections (bottom figure) Great Streets standards Regulating Plan will specify: Bike lanes for Level 1 streets Cross section for Blue Line bridge 2016 Framework Plan: Improved streetscapes 1 0 2016 Framework Plan: More structured parking, TDM, less need Community Benefit: Parking No minimum parking required Parking maximum (80%) of current requirements No …
