Reston Funding Plan: Potential Cost Allocations

County of Fairfax, Virginia

Reston Funding PlanPotential Cost Allocations

Reston Network Analysis & Funding Plan Advisory GroupFebruary 22, 2016

Janet NguyenFairfax County Department of Transportation


Reston Funding Plan Projects

1. Reston Phase I Improvements (non-grid)– Road transportation improvements1 (Overpasses, Underpass,

Interchange, Widenings, Extensions) to enhance connectivity – Intersection improvements required for adequate traffic

operations

2. Grid of local streets in Reston TSA areas– Enhance pedestrian and vehicular circulation in, around, and

through, station areas

Department of Transportation 2

1 All roadways will be designed with pedestrian facilities. Many will also have bike facilities.


Reston Funding Plan Projects


1 All roadways will be designed with pedestrian facilities. Many will also have bike facilities. 2 Signal costs updated.

Projects Recommended by Reston Phase I Comprehensive Plan Amendment

Cost Estimate, $Billion

Reston Phase I Projects (non-grid)• Road transportation improvements1

(Overpasses, Underpasses, Widenings, Extensions, Interchanges)

$1.280

• Intersection improvements $0.065

Total Reston Phase I Projects (non-grid) $1.345Grid Network2 $1.244Funding Plan Total $2.589B


Cost Allocation Models

• Option 1: Tysons Cost Allocation Model Applied to Reston• Option 2: Location – Outside or Inside Reston TSAs• Option 3: Through/Local Ratios• Option 4: Location and Through/Local Ratios• Option 5: Project Category• Option 6: Regional vs. Local Significance



Option 1: Tysons Cost Allocation Model Applied to Reston


Projects Outside Reston TSAs

Projects Inside RestonTSAs




Applies the Tysons Cost Allocation Model to the Reston Funding Plan.

Reston Phase I Outside of the Reston TSAs would primarily be a public responsibility. These are projects and portions of projects that are outside of the Reston Transit Station Areas (TSA) (Herndon, Reston Town Center, and Wiehle Reston East defined in the Reston Phase I Comprehensive Plan Amendment, Approved February 11, 2014)

Reston Phase I Inside of the Reston TSAs would primarily be a private sector responsibility. These are projects and portions of projects inside the Reston TSAs.

The grid is inside the Reston TSAs and would be a private sector responsibility.

Project Estimate Allocation ($)

Reston Phase I Outside TSAs $421,000,000Public Share 90% $378,900,000Private Share 10% $42,100,000

Reston Phase I Inside TSAs $924,000,000Public Share 10% $92,400,000Private Share 90% $831,600,000

Grid $1,244,000,000Public Share 0% $0Private Share 100% $1,244,000,000

Total $2,589,000,000Public Share 18% $471,300,000Private Share 82% $2,117,700,000



Option 2: Location – Outside or Inside Reston TSAs


Allocates cost responsibility based on location of improvements.

Reston Phase I improvements outside of the Reston TSAs would be a public responsibility.

Reston Phase I improvements located inside of the Reston TSAs would be a private sector responsibility.

The grid network would be a private sector responsibility.


Reston Phase I Outside TSAs $421,000,000Public Share 100% $421,000,000Private Share 0% $0

Reston Phase I Inside TSAs $924,000,000Public Share 0% $0Private Share 100% $924,000,000



Option 2: Location – Outside or Inside Reston TSAs


Option 3: Through/Local Ratios


Allocates cost responsibility based on the ratio of through and local traffic volumes.

Through Traffic: 35%Local Traffic: 65%

Public sector responsibility: Through traffic (35%) and half of locally generated traffic (32.5%).

Private sector responsibility: Half of locally generated traffic (32.5%) and the grid network.


Reston Phase I $1,345,000,000Public Share (% Through) 35% $470,750,000Public Share (% Local) 32.5% $437,125,000Private Share (% Local) 32.5% $437,125,000



Option 3: Through/Local Ratios


Option 4: Location and Through/Local Ratios


Incorporates location and through/local ratios.

Reston Phase I Projects Outside of Reston TSAs: public sector responsibility

Reston Phase I Projects Inside of the Reston TSAs: shared public and private sector responsibility based on through/local traffic ratios.

Grid network: private sector responsibility.


Reston Phase I Outside TSAs $421,000,000Public Share 100% $421,000,000Private Share 0% $0

Reston Phase I Inside TSAs $924,000,000Public Share (% Through) 35% $323,400,000Public Share (% Local) 32.5% $300,300,000Private Share (% Local) 32.5% $300,300,000


Total $2,589,000,000Public Share 40% $1,044,700,000Private Share 60% $1,544,300,000

Option 4: Location and Through/Local Ratios


Option 5: Project Category


Allocates costs on the basis of project type.

Reston Phase I Roadway projects would be a public sector responsibility.

Reston Phase I Intersection projects and the grid network would be the responsibility of the private sector.


Reston Phase I Roadways $1,280,000,000Public Share 100% $1,280,000,000Private Share 0% $0

Reston Phase I Intersections $65,000,000Public Share 0% $0Private Share 100% $65,000,000


Total $2,589,000,000Public Share 49% $1,280,000,000Private Share 51% $1,309,000,000

Option 5: Project Category


Option 6: Regional vs. Local Significance


Cost allocation based on Regional or Local benefit and significance.

Regional projects such as the overpasses, underpass, and interchange: public sector responsibility.

Local projects and grid: private sector responsibility.


Reston Phase I Regional $980,000,000Public Share 100% $980,000,000Private Share 0% $0

Reston Phase I Local $365,000,000Public Share 0% $0Private Share 100% $365,000,000



Option 6: Regional vs. Local Significance


Cost Allocation Options

• Discussion



Grid Contributions



In-Kind and Road Fund ContributionsPortions of the grid are expected to be constructed with redevelopment (in-kind contributions) in the following areas:•Transit Station Mixed Use•Residential Mixed Use•Town Center North Mixed Use

The remaining portion of the grid is expected to be constructed with contributions to a road fund.




Reston Phase I Plan Amendment: Conceptual Land Use


Potential Grid Contributions


Potential Grid ContributionsGrid estimate $1,244,000,000Less: Expected in-kind contributions - 805,000,000Road fund contributions required for grid $439,000,000


Road Fund• Road fund revenues will be based on new residential

and commercial development. • Developers will pay into road fund as redevelopment

occurs.• Commercial rates are paid on a per square foot basis.• Residential rates are paid on a per dwelling unit basis.• When developing rates, the expected rate of

development, type of development and the balance between near future and far future should be taken into account.



Development Levels


Reston TSA Comprehensive Plan Development Potential

Land Use2010 Existing Land

Use Development

Potential New Development

(sq. ft.) (sq. ft.)

Residential 5,860,000 (5,860 Units)

52,800,000 (44,000 units)

46,940,000 (38,140 Units)

Office 20,982,169 29,700,000 8,717,831

Retail 1,094,476 2,100,000 1,005,524

Industrial 841,957 590,000 -251,957

Institutional 2,096,840 2,400,000 303,160

Hotel 936,782 4,900,000 3,963,218

Total 31,812,224 92,490,000 60,677,776

Total new non-

residential potential:

13,737,776 sq. ft.

Total new residential potential


Contribution RatesBoard of Supervisors approved rate changes on

February 2, 2016.


Fund AreaNon-Residential Rate per Sq. Ft.

Residential Rate per Dwelling Unit

Fairfax Center $5.94 $1,316

Centreville $6.38 $2,522

Tysons (Rezonings Prior to 2/1/2013) $4.37 $970

Tysons-Wide $5.90 $1,045

Tysons Grid of Streets $6.73 $1,045


Private Sector Responsibility in the Tysons Funding Plan



Tysons Private Sector ContributionsIn-Kind Contributions1. Tysons Grid of Streets In-Kind Contributions, $561 million

Fund(s) Contributions1. Tysons Grid of Streets Fund*, $304 million

• Non-residential rate: $6.73 per sq. ft.• Residential rate: $1,045 per dwelling unit

2. Tysons-Wide Fund*, $253 million (Tysons-Wide Improvements)• Non-residential rate: $5.90 per sq. ft.• Residential rate: $1,045 per dwelling unit

3. Tysons Service District, $253 million (Tysons-Wide Improvements)• FY 2016 Rate: $0.06 per $100 assessed value on all properties in service district

*Tysons Grid of Streets Fund and Tysons-Wide Fund rates effective Feb. 3, 2016.



Next Steps• Seek advisory group feedback on cost allocation options

and initial thoughts on development of contribution rates • Develop framework for funding plan • Outreach to stakeholders and public• Revise plan based on feedback received and results

from Network Analysis• Share proposed funding plan with Board Transportation

Committee • Seek Board of Supervisors approval



Comments/Questions?



Contact Information

For questions and comments please contact:

Janet [email protected]

Ray [email protected]

Reston Funding Plan: Potential Cost Allocations

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