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    Unsolicited Proposals On DART Owned Property

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    Robert Wilonsky
    This document provides an overview of three unsolicited proposals for transit-oriented development on DART-owned properties near transit stations. It summarizes the developer proposals for properties near the 8th and Corinth station, Forest Lane station, and Cedars station. The proposals include mixed-use developments with residential, retail, and office uses. DART staff will incorporate feedback on the proposals, publicly solicit development proposals for the properties, review submissions, and seek further input from the Planning Committee.

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    Unsolicited Proposals On DART Owned Property

    Uploaded by

    Robert Wilonsky
    4K views23 pages
    This document provides an overview of three unsolicited proposals for transit-oriented development on DART-owned properties near transit stations. It summarizes the developer proposals for properties near the 8th and Corinth station, Forest Lane station, and Cedars station. The proposals include mixed-use developments with residential, retail, and office uses. DART staff will incorporate feedback on the proposals, publicly solicit development proposals for the properties, review submissions, and seek further input from the Planning Committee.

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    Where DART could actually help created transit oriented developments

    Original Title

    Unsolicited Proposals on DART Owned Property

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    This document provides an overview of three unsolicited proposals for transit-oriented development on DART-owned properties near transit stations. It summarizes the developer proposals for properties near the 8th and Corinth station, Forest Lane station, and Cedars station. The proposals include mixed-use developments with residential, retail, and office uses. DART staff will incorporate feedback on the proposals, publicly solicit development proposals for the properties, review submissions, and seek further input from the Planning Committee.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    4K views23 pages

    Unsolicited Proposals On DART Owned Property

    Uploaded by

    Robert Wilonsky
    This document provides an overview of three unsolicited proposals for transit-oriented development on DART-owned properties near transit stations. It summarizes the developer proposals for properties near the 8th and Corinth station, Forest Lane station, and Cedars station. The proposals include mixed-use developments with residential, retail, and office uses. DART staff will incorporate feedback on the proposals, publicly solicit development proposals for the properties, review submissions, and seek further input from the Planning Committee.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    The briefing discusses three unsolicited proposals for transit oriented development on DART-owned properties near various station areas. It provides an overview of the process for reviewing unsolicited proposals and the steps to potentially move forward with a public solicitation.

    The three station areas that received unsolicited proposals are 8th and Corinth Station, Forest Lane Station, and Cedars Station.

    The proposed land uses for the Forest Lane Station site include a mixed-use, mixed income development with office, retail, and multi-family affordable residential spaces.

    Briefing on Unsolicited

    Proposals for Transit


    Oriented Development
    on DART-owned Property
    Planning Committee
    March 27, 2018
    Robert Strauss, VP Real Property & TOD
    Jack Wierzenski, Director Economic Development

    1
    Agenda
    • Overview
    • 8th and Corinth Station Area Unsolicited Proposal
    • Forest Lane Station Unsolicited Proposal
    • Cedars Station Area Unsolicited Proposal
    • Next Steps

    2
    Overview

    • Periodically DART TOD and Economic Development staff is


    contacted by a developer(s) to meet to discuss Transit Oriented
    Development opportunities at select station areas
    • If the meeting involves DART-owned property, it is an
    opportunity for DART to share with the developer the DART
    TOD Policy, DART TOD guidelines, availability of a specific DART
    property for sale or ground lease, and DART’s competitive
    process to solicit proposals for DART-owned property
    • If DART-owned property is involved, the developer will then
    submit an unsolicited proposal to DART demonstrating a basic
    concept of how they intend to develop the property

    3
    Overview (continued)

    • DART TOD and Economic Development staff then reviews the


    unsolicited proposal(s) to assess its compatibility with the TOD
    Policy goals and, if it is determined harmonious, presents the
    unsolicited proposal(s) to the DART Board of Directors Planning
    Committee for their review and feedback
    • After receipt of the Planning Committee’s review and feedback,
    staff will determine whether or not to move forward with a
    public solicitation of the DART-owned property; any sale or
    ground lease is subject to approval of the DART Board of
    Directors

    4
    Overview (continued)

    • Texas law requires a public solicitation for the sale and/or


    ground lease of DART-owned property per statutory
    guidelines, which includes two newspaper notifications and
    a waiting period before a sale or lease can be made
    • Additionally, staff will work with the Real Estate
    Department to advertise the property on commercial real
    estate websites to broaden the solicitation of proposals

    5
    Station Areas for Proposed Transit
    Oriented Development

    Forest Lane Station

    8th and Corinth Cedars Station


    Station

    6
    8th and Corinth Station Area -
    Unsolicited Proposal

    7
    8th and Corinth Station Area -
    Unsolicited Proposal (continued)
    • Developer – 2000 Roses Foundation
    • Ground Lease or Sale
    • 2.57 Acres
    • Zoning – PD 383
    • Mixed Use
    – Offices
    – Neighborhood Bank
    – Community Garden
    – Hydroponics Garden Storefront

    8
    8th and Corinth Station Area -
    Unsolicited Proposal (continued)

    9
    8th and Corinth Station Area -
    Unsolicited Proposal (continued)

    10
    8th and Corinth Station Area -
    Unsolicited Proposal (continued)

    11
    8th and Corinth Station Area -
    Unsolicited Proposal (continued)

    12
    Forest Lane Station Site –
    Unsolicited Proposal

    13
    Forest Lane Station Site -
    Unsolicited Proposal (continued)
    • Developer – RMGM Developers, A Matthews Southwest
    Company in partnership with the Greater Cornerstone Baptist
    Church
    • Ground Lease
    • 1.60 Acres
    • Zoning – PD 506
    • Mixed Use, Mixed Income Development
    – Office
    – Retail
    – Multi Family Affordable Residential

    14
    Forest Lane Station Site -
    Unsolicited Proposal (continued)

    15
    Forest Lane Station Site-
    Unsolicited Proposal (continued)

    16
    Cedars Station, Powhattan Street Site
    - Unsolicited Proposal (continued)

    17
    Cedars Station, Powhattan Street Site
    – Unsolicited Proposal (continued)

    Powhattan
    Property

    Cedars
    Station

    18
    Cedars Station, Powhattan Street Site
    - Unsolicited Proposal (continued)
    • Developer – RMGM Developers, A Matthews Southwest
    Company in partnership with Not For Profit Dallas Asian
    American Cultural Center
    • Ground Lease
    • 2.0 Acres
    • Zoning – PD 317 Transit Oriented Mixed Use
    • Mixed Use, Mixed Income Development
    – Asian American Cultural Center
    – Office
    – Retail
    – Multi Family with Affordable Residential

    19
    Cedars Station, Powhattan Street Site
    - Unsolicited Proposal (continued)

    20
    Next Steps
    • Incorporate any Feedback from Planning Committee
    Briefing in the Solicitation of Proposals
    • Initiate Solicitation of Proposals for Transit Oriented
    Developments for each of the Sites
    • Receive and Analyze the Proposals
    • Brief Planning Committee on Proposals Received and
    Request Feedback

    21
    Questions?

    22
    Thank you

    23

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