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TO: |
Local Advisory Council |
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THROUGH: |
Mary DeLoretto, Interim Executive Director |
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FROM: |
Paul Drake, Director of Real Estate & TOD |
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PRESENTER(S): |
Paul Drake, Directory of Real Estate &TOD, |
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Jordan Swain, TOD Project Manager |
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Sean Murphy, TOD Project Manager |
TITLE:
title
Transit Oriented Development (TOD) Overview and Project Update
end
AGENDA ITEM TYPE:
Discussion
RECOMMENDATION:
Informational item for discussion
BACKGROUND:
The UTA Transit Oriented Development (TOD) Department has been focused on integrating public transit into the community through planning, partnering and education, and the implementation of transit-oriented developments. The Department approaches these efforts at regional and local scales by working with our partners at the Wasatch Front Regional Council (WFRC) and Mountainland Association of Governments (MAG), with individual municipalities, and with the development community.
DISCUSSION:
Planning projects include station area plans being prepared around future station locations in Draper, Lehi, Springville, Spanish Fork, and Payson. These plans are scheduled to commence in Q3 of this year.
The TOD Department has been working closely with the cities of Salt Lake City and Ogden preparing requests for proposals (RFP) to identify development partners for the respective TOD sites. These RFPs are anticipated to be advertised by the end of 2021, and development partners identified in Q1 of 2022.
In collaboration with Clearfield City, STACK Development, and Hamilton Partners, the TOD Department has successfully completed and received the necessary approvals for Master Development Plan/Agreements and Joint Venture Agreements. With these two agreements in place, construction of the horizontal improvements (i.e. streets, transit-critical infrastructure, etc.) is scheduled to commence in Q3 of 2021, and the initial phase of development are scheduled to commence in Q2 of 2022.
ALTERNATIVES:
N/A
FISCAL IMPACT:
N/A
ATTACHMENTS:
None