Presentation by Pleasant Hill Collaborative — original pdf

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Block 16/18 Updates Pleasant Hill Collaborative July 7, 2025 VISION TO REALITY PLEASANT HILL COLLABORATIVE – BLOCK 16 & 18 PROPOSAL Updates to the Urban Renewal Board • Schedule Updates • A1 – Community Engagement Plan, Programmatic Plan, Financing • Community Engagement Plan & Equitable Development Goals • Block 18 Housing – finalize program direction • Commercial Strategy (Kim Shipman, TOPO) from ENA - Operations 120 DAYS 180 DAYS ENA Schedule - Phase A1, A2 and B • Phase A1 (120 Days) – • Credit Enhancement Plan • Equitable Development Goals and Strategies • Community Engagement Plan (7/09) • Project Plan • Phase A2 (180 Days) – • Refined Programatic Components • Finalized Credit Enhancement • Final Proposed Finance Plan • Final Proposed Concept Plan • Phase B (3/2026-9/2027) – • Proforma • Proposed Development and Description • Proposed Operation Plan Community Engagement Plan * Equitable Development Goals Pleasant Hill Collaborative Team Community Engagement Plan • Dates are Draft based on general schedule of design/construction • Began work tonight with Stakeholder Working Group Equitable Development Goals • Frequency of Reporting TBD (anticipate at monthly/quarterly URB meetings Block 18 Housing Pleasant Hill Collaborative Team Block 18 Housing • Musician Housing STILL remains an interest to our team and Juniper Housing is envisioned as that area. • Servitas Team remains FULLY committed and excited about the opportunity to partner with Huston- Tillotson on a mixture of student/faculty/staff housing • Finalizing Discussions with HT • St Edwards Housing (136 beds) is similar $/bed as Servitas proforma with older product, non-branded and distant from campus • H-T remains interested in mix of housing for students, faculty and staff H-T requires all new students with fewer than 60 credit hours (generally, freshmen and sophomores) to live in the residence halls, unless they qualify for an exemption: o Currently living with a parent in the Austin area o 23 years of age or older o Parent or guardian of children who live with the student Two or more years of military service o o Married and living with spouse o Own a home in the Austin area HT’s Spring 2025 Fact Sheet provides the following breakdown: o Asian o Black o White 14 (1.4%) 661 (66.8%) 93 (6.7%) Latino 93 (9.4%) International 122 (12.3%) o o o Unknown 34 (3.4%) Commercial Strategy for Blocks 16 & 18 • TOPO’s Role during design and operations • End users remain the same • Cultural Space drives entire Commercial Strategy Kim Shipman Pleasant Hill Collaborative Team TOPO THANK YOU! THANK YOU! THANK YOU!