City of Maitland Community Redevelopment Agency Proposed Town

City of Maitland Community Redevelopment Agency Proposed Town Center Development Consistency with Downtown Maitland Revitalization Plan (DMRP)

Mr. Verl Emrick, Executive Director, Maitland Community Redevelopment Agency

Downtown Maitland Revitalization Plan (DMRP) ► Created in partnership with Orange County in 2003 ► Provides overall guidance and direction for redevelopment activities ► Identified Redevelopment Objectives, Infrastructure Improvements, Estimated Improvement Costs and Implementation Strategies ► Four Focus Areas § § Transportation Infrastructure Streetscape Civic Improvements

Approved Mixed Use Projects TREVI • 93 Residential units • 5 K sq. ft. Office Village at Lake Lily • 17 K sq. ft. retail • 450 Residential units RAVINIA • 40 -90 K sq. ft. Office/Retail • 300 Residential units • 50 K sq. ft. Office/Retail Consistent with the DMRP

Public Infrastructure Investments Maitland Boulevard Offramp ► Regional Stormwater Pond ► Sybelia Parkway ► Streetscape and median improvements ► George Avenue Interchange ► Horatio/Swoope Interchange ► Consistent with the DMRP

Proposed Town Center Development ► Town Center Development Identified in DMRP

Proposed Town Center Development ► Initial Town Center Concepts 2006 2003 Concept

own Center Proposal (Brossier) Town Center Development

Brossier Town Center Proposal ► Project Information

Brossier Town Center Proposal § Continues implementation of Infrastructure improvements identified in DMRP § Initiates GREEN building development § Planned Infrastructure improvements without additional CRA debt

Brossier Town Center Proposal § Up to 675 Multi-family Residential Units § Up to 500, 000 Sq. Ft. Office/Retail § 200 key Boutique Hotel § Initiates Sanitary Sewer, Potable Water and Transportation improvements identified in DMRP

Brossier Town Center Proposal Height ► Buildings fronting roads limited to 44 feet or 3 stories ► Buildings not fronting roads not to exceed 7 stories or 75 feet of last habitable floor level ► Residential density: maximum of 19. 8 units/gross acre ► FAR: maximum of 1. 0 -1. 2 per gross acre ► Architectural details up to 25 feet over last habitable floor

Brossier Town Center Proposal 3 stories stepped back (Measurements are approximate)

Brossier Town Center Proposal Proposed Financing method for infrastructure associated with Town Center project is the developer establishing a Community Development District (CDD) ► CDD – no liability to the city ► Flexibility for alternative funding sources for infrastructure

Brossier Town Center Proposal ► Consistency with DMRP

Brossier Town Center Proposal The increased residential density and commercial areas in the proposal are consistent with the Objectives of the DMRP …. . DMRP language “……. . . promote reinvestment in the corridor and provide new neighborhood/community centers with a more concentrated mixed use of government, office, residential and commercial activity similar to a small downtown area. ” Pg. 4, Preface-Update, DMRP “. 30 FAR may be exceeded if participating in off-site credits” Pg. 34, General Design Guidelines, DMRP

Brossier Town Center Proposal The proposed increased building heights in the proposal are consistent with the Objectives of the DMRP …. . DMRP language “……. . . height exceptions maybe granted through board review. ” Pg. 37, Design Guidelines, Packwood District, DMRP

Brossier Town Center Proposal The proposed use of a Community Development District (CDD), is consistent with the language of the DMRP …. . DMRP language “Supplemental use of the Road Impact Fees, Enterprise Fund, Impact Banks, Special Assessments, Grants and Contributions are anticipated to accelerate some improvements. ” Pg. 67, Finance Mechanisms/Revenue Sources, DMRP

Proposed Town Center Improvements ► Improvement Parking Garage Stormwater Connection Streetscape Intersection Improvements § Sewer/Water Upgrades § New City Hall / Public Safety Facilities § § ► Identified in DMRP All of the proposed Town Center infrastructure improvements are identified in the DMRP and will be installed without additional CRA debt.

Brossier Town Center Proposal is Consistent with DMRP ► Component § Town Center project § Increased residential density § Increased FAR § Additional building height § Use of CDD (Special Assessment) to accelerate infrastructure improvements ► Identified in DMRP Pg. 76, Implementation Pg. 4, Preface-Update Pg. 34, General Design Guidelines Pg. 37, Design Guidelines, Packwood District Pg. 67, Finance Mechanisms/Revenue Sources

City of Maitland Community Redevelopment Agency Proposed Town Center Development Consistency with Downtown Maitland Revitalization Plan (DMRP)