Alachua CountyMobility Plan

Transportation Improvement District Overview

Jonathan B. Paul, AICP, MA2

Jeffery L. Hays

• Tax Increment Finance Plan

• Use % of increase in new general tax revenue for mobility

• Anchored by Transit Oriented Development

• Consistent with Capital Improvements Element

• Allows County or Developer to front-end infrastructure

• Mechanism to fund rapid transit service

TRANSPORTATION IMPROVEMENT DISTRICT

• Not a new tax or fee

• Not a Community Redevelopment Area

• Not a developer giveaway

• Not a property tax break

• Not for streetscape, lighting or decorative signs

• Not permanent commitment

WHAT IT IS NOT

Investment in Transportation Mobility

Supports TODs as sustainable land use pattern

Opportunity to expand tax base

Potential to be a Public / Private Partnership

Incentive for economic development & job creation

Promote infill & redevelopment back towards Gainesville

Clear commitment to Mobility & Sustainability

WHY DO IT?

MOBILITY Consistent with Capital Improvements Element

TRANSIT ORIENTED DEVELOPMENT

Compact Mixed Use Projects yield much higher tax revenue per acre:

Single-family: Stillwind $6,640/acre Town of Tioga Residential $16,917/acre

Multifamily: Asbury Park Apartments $10,909/acre Paddock Club Apartments $7,670/acre

Commercial: Steeplechase Shopping Center $12,234/acre Tower Square Shopping Center $8,794/acre

Low Intensity Mixed Use: Tioga Town Center (NE Block): $36,202/acre Haile Village Center: $32,692/acre

Even Low Rise Mixed Use is 2x-3x Stand Alone

PUBLIC / PRIVATE PARTNERSHIP

• Build Transit Oriented Development• Front-End infrastructure• Pay Multi-Modal Transportation Mitigation (MMTM) • Partially fund transit

Private

• Reimburse expenses beyond MMTM• Fund frequent transit service • Fund some transit capital • Pursue Federal & State funding for Rapid Transit Network

Public

WIN / WIN PROPOSALPrivate• Gets commitment that Mobility funded• Gets reimbursed for expenses beyond MMTM• Gets commitment that County does not change course

Public• Gets expanded tax base • Sales tax revenue• Jobs & Economic Development • Sustainable Land Use Pattern• New constituency that supports multi-modal mobility

Commitment via Developer Agreement

HOW IS DISTRICT PLAN DEVELOPED?

• 1st identify the district boundaries

• 2nd establish a target horizon year

• 3rd project development potential • 4th determine mobility needs and cost

• 5th calculate future MMTM

• 6th calculate new future general tax revenue

• 7th identify the % of new general tax revenue for mobility

SOUTHWEST DISTRICT

INFILL & REDEVELOPMENT

Jonesville

Haile

Urban Cluster

Tioga

Oakmont

DISTRICT PLAN DETAILS

• 2035 Horizon Year

• Development Potential:

2,250 dwelling units 500 hotel rooms 500,000 square feet of office 500,000 square feet of retail 500 Assisted Living Facility Units

• Identify Mobility Projects (next slide)

• Total Cost $34,650,000

• Total MMTM & Developer Contribution: $15,500,000

MOBILITY PROJECTS

• SW 30th Avenue Multi-Modal Overpass

• Archer Braid Trail – Veterans Kanapaha Park to I-75

• Dedicated Transit Lanes from Archer Road to SW 30th

• Archer Road Access Management

• 4 Hybrid Buses

• Share of Maintenance Facility

• Share of structured park & ride

• Share of funding frequent transit service

DISTRICT PLAN DETAILS

• Future General Tax Revenue Existing Land Use: $7,000,000 • Future New General Tax Revenue per Plan: $72,000,000

• 2012 – 2025 (30%) = $7,900,000

• 2026 – 2035 (25%) = $11,400,000

• Total County Contribution = $19,300,000

• Net New General Tax Revenue to County = $52,700,000

DIRECTION REQUESTED

• Proceed with TID ordinance? • Proceed with Southwest Plan as presented by Staff?

• Revise Southwest Plan Mobility projects?

• 30% for the the 2012 – 2025 period?

• 25% for the 2026 – 2035 period?

• Bring in conjunction with Celebration Pointe DA?

STAFF RECOMMENDATION

Develop Transportation

Improvement District Ordinance &

Southwest District Plan for Adoption