TO: Board of Trustees
THROUGH: Carolyn Gonot, Executive Director
FROM: Mary DeLoretto, Chief Service Development Officer
PRESENTER(S): Paul Drake, Director of Real Estate and TOD & Jordan Swain, TOD Project Manager
TITLE:
title
Salt Lake Central - Station Area Plan Addendum
end
AGENDA ITEM TYPE:
Discussion
RECOMMENDATION:
Informational Report for Discussion
BACKGROUND:
The Salt Lake Central Station Area Plan was completed by the Salt Lake City Redevelopment Agency (RDA), in collaboration with UTA, in 2019. The plan was completed according to UTA’s Station Area Plan SOP. Since its completion, an immense amount of economic growth has occurred within downtown Salt Lake City, so that areas previously not considered in the Station Area Plan are now being considered for development.
DISCUSSION:
This addendum to the plan provides a cohesive vision for properties west of the Salt Lake Central Station and will equip Salt Lake City with resources for regulating and incentivizing development. This vision will also allow UTA to understand how the area west of the railroad tracks may be optimized to maintain sufficient capacity for bus storage, while allowing for additional development opportunities. Additionally, this addendum provides a concept for reconfiguring the Central Station bus loop for efficient operations, while maximizing the property available for transit-oriented development.
ALTERNATIVES:
UTA may work with consultants to further refine the recommendations. Any additional work will add cost to the contract.
FISCAL IMPACT:
With the proposed addendum in place, UTA will have a clear understanding of how to optimize operations of bus routes that utilize the Salt Lake Central bus loop, as well as maximize the developable area adjacent to the Salt Lake Central station. Both of these matters will result in the eventual Salt Lake Central redevelopment becoming more lucrative for UTA.
ATTACHMENTS:
1) Salt Lake Central Transportation & West Parcel Study (Addendum)