Uptown Houston November 2014

Transcription

1 Uptown Houston November 2014

2 City of Houston Leads the Nation in Job Growth Leads the Nation in Exports Record Construction Permits - $ 8 Billion Most Competitive Metro in America - Forbes

3 New Development

4 GreyStone Group Residential The Palazzi at Uptown Park New Development Belfiore Residential $4 Billion BLVD Place Retail, Office Hanover Residential BHP Billiton Office Landry s Hotel Astoria Residential Gables Post Oak Residential Sola Uptown Residential Office Retail Hotel 4,150,000 Sq. Ft. 675,000 Sq. Ft. 1,850 Rooms St. James Place Office Finger Cos. Residential Apache Office Redstone / BBVA Compass Office, Office 2, Hotel AMLI Residential Gables Westcreek Residential Amegy Bank Office Randall Davis Residential SkyHouse Residential Pelican Residential Residential Mixed Use 8,700 Units M5250 Residential The Galleria III Renovation Hyatt Place Hotel River Oaks District Millennium High Street Residential / Retail Hyatt Regency Hotel Waterwall Place 3009 Post Oak Boulevard Office Broadstone Post Oak Residential Post Galleria Residential Avenue R Residential

5 Uptown Mixed Use 2013 Values Residential $1,500,000,000 30% Office $2,000,000,000 40% Hotel $500,000,000 10% Retail $1,000,000,000 20%

6 Uptown Houston Transit

7 Who Is Being Served? Sector Number Percent Office 48,500 73% Retail / Hotel 18,000 27% Total Core 66, %

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9 Park and Ride Corridors Transit Centers Northwest: 77 a.m. bus trips 82 p.m. bus trips Park & Ride Lots Commute Corridors Katy: 111 a.m. bus trips 105 p.m. bus trips Westpark: 42 a.m. bus trips 45 p.m. bus trips Southwest: 53 a.m. bus trips 53 p.m. bus trips

10 Uptown Transit Connector West Loop HOV / Northwest Transit Center Post Oak Boulevard Improvements Bellaire / Uptown Transit Center

11 Typical PM Peak Volumes NB Post Oak Boulevard Ramps to Various Destinations I -10 WB 738 I -10 EB 662 US 290 WB 209 North Loop EB Total 1,952 Source: Texas A&M Transportation Institute

12 Typical PM Peak Volumes From San Felipe Ramps to Various Destinations US 59 SB 411 IH 610 SB 394 Woodway WB 222 Woodway EB 255 I-10 WB 200 I-10 EB 200 US 290 WB 79 North Loop EB Total 1,862 Source: Texas A&M Transportation Institute

13 Typical PM Peak Volumes From Westheimer Ramps to Various Destinations US 59 SB 1,014 US 59 NB 190 IH 610 SB 1,624 Woodway WB 410 Woodway EB 414 I-10 WB 421 I-10 EB 270 US 290 WB 154 North Loop EB Total 4,831 Source: Texas A&M Transportation Institute

14 Typical PM Peak Volumes From NB Richmond Ramp to Various Destinations Westheimer WB 327 Westheimer EB 227 Woodway WB 238 Woodway EB 118 I-10 WB 120 I-10 EB 59 US North Loop EB Total 1,285 Source: Texas A&M Transportation Institute

15 P.M. Peak Hour Volumes Entering the West Loop Destination Origin NB SB Total Richmond 1, ,285 Westheimer 4,831 2,828 7,659 San Felipe 1, ,862 Post Oak Boulevard 1, ,952 Total 9,125 3,633 12,758

16 West Loop (IH-610) Elevated Dedicated Bus Lanes Proposed Section D D NTS

17 West Loop (IH-610) Elevated Dedicated Bus Lanes - South Portal

18 IH 610 West Loop Most Congested Freeway in Texas Texas Department of Transportation

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20 Preliminary Drawing

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23 Post Oak Boulevard Improvements Dedicated Bus Lanes Bus Lanes Bus Shelter Bus Shelter Bus Lanes

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33 Design Typical Intersections

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43 Travel Time Savings PM Peak Automobile Dedicated Bus Lanes Richmond to minutes 12 minutes* Transit Center to Transit Center 33 minutes 19 minutes* *Includes dwell time for loading and unloading passengers

44 Transit Ridership DBL NWTC and BUTC Daily Riders Daily Riders Mixed Flow on West Loop 14,100 19,800 Elevated Bus Way on West Loop 18,400 25,800

45 Transit Ridership DBL at Maximum Load Points Mixed Flow Per Peak Hour Per Peak Hour AM Peak Hour SB from NWTC 1,040 1,420 AM Peak Hour NB at Westheimer 820 1,090 PM Peak Hour SB from NWTC 980 1,310 NB at Westheimer 770 1,040

46 Transit Ridership Equivalent Number of Automobile Lanes Number of Automobile Lanes Adding Dedicated Bus Lanes has the ability to double the effective person-carrying capacity (nominal 1,500-2,000 passengers per hour each direction for dedicated bus lanes compared to 1,500-2,000 vehicles per hour for the three general traffic lanes in each direction) with only minimal ROW expansion.

47 Post Oak Boulevard Project

48 Post Oak Boulevard Project Richmond to West Alabama

49 Post Oak Boulevard Project West Alabama to Guilford Court

50 Post Oak Boulevard Project Guilford Court to San Felipe

51 Post Oak Boulevard Project San Felipe to West Loop

52 Bellaire / Uptown Transit Center

53 Bellaire / Uptown Transit Center

54 Bellaire / Uptown Transit Center

55 Bellaire / Uptown Transit Center Option 1.1

56 Bellaire / Uptown Transit Center Option 2.1

57 Bellaire / Uptown Transit Center Option 3.1

58 Bellaire / Uptown Transit Center Option 4.1

59 Bellaire Uptown Transit Center Budget Overview The original budget was established in 2011 based on three projects: Transit Center with parking T Ramp Dedicated bus lanes

60 Bellaire Uptown Transit Center Budget Overview T-Ramp $ 5,000,000 Utilities/ DBL $ 2,000,000 Transfer $ 5,500,000 Parking $ 4,000,000 Design 10% $ 1,650,000 CM 10% $ 1,650,000 Contingency 10% $ 1,650,000 Right-of-Way $ 4,500,000 Total $ 25,950,000

61 Schedule / Proposed Key Dates

62 March 2015 Post Oak Boulevard Dedicated Bus Lanes Design March 2015 May Bid Construction Projected completion 1 st Quarter 2017 Right-of-Way Acquisition

63 Uptown Transit Preliminary Cost Estimate West Loop / Uptown TxDOT Federal Total NW Transit Center $ 20.0 $ 25.0 $ -- $ 45.0 Post Oak Boulevard $ 76.5 $ -- $ 45.0 $ Bellaire / Uptown Transit Center $ 9.1 $ -- $ 16.9 $ 26.0 TOTAL $ $ 25.0 $ 61.9 $ 192.5

64 Project Status Environmental Clearance Received Categorical Exclusion (CE) from FTA ( ) Received Letter of No Prejudice ( ) Funding TIP commitment of $61.9 million Requested transfer of funds from FHWA to FTA Preparing Grant Application Uptown TIRZ $53 million initial bond issue completed Design Submitted Preliminary Engineering Report to City of Houston Submitted Preliminary Engineering Report to METRO Status Awarded Final Design contract Awarded Construction Management contract Awarded contract to purchase 800 trees Request approval of offerings for Right-of-Way acquisitions Request authorization to advertise for construction of sanitary sewer improvements

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66 Tree Plan Preserve in place Relocate to permanent initially Relocate to custom care / replant Specifically cultivate and grow in specialized boxes New custom grow Limb Rootball Structure Create uniform appearance

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71 Right-of-Way Acquisition

72 Levels of Oversight Right-of-Way Acquisition Independent Appraisal Right-of-Way Committee Consisting of Non-Property Owner Independent Special Legal Counsel Federal Transit Administration Full Board City of Houston

73 Property Values 2014 Cost Total Total Values Per Sq. Ft. Sq. Ft. Cost Preliminary Noticed $ 133 per sq. ft. 152,000 sq. ft. $ M Protested $ 127 per sq. ft. 152,000 sq. ft. $ M Current Appraisal Average $ 176 per sq. ft. 152,000 sq. ft. $ M

74 Right-of-Way Acquisition Uptown Process

75 Right-of-Way Acquisition Process Uptown Process Planning Phase Independent Appraisals ROW Committee Review and Negotiation Purchase

76 Right-of-Way Acquisition Process Uptown Process Planning Process Define Right-of-Way (ROW) Needed Obtain surveys Meet with property owners

77 Right-of-Way Acquisition Process Uptown Process Independent Appraisals Secure Independent Appraisals Secure review appraisals Identify board members with ownership or direct involvement with property needed

78 Right-of-Way Acquisition Process Uptown Process Review and Negotiate ROW Committee and special outside council reviews all appraisals ROW Committee recommends offers to the board ROW Committee informs board of any board member ownership or direct involvement

79 Right-of-Way Acquisition Process Uptown Process Review and Negotiate Board authorizes offers Board Members with ownership or direct involvement discloses involvement and abstains from voting All offers over $500,000 reviewed by Federal Transit Administration Negotiations with property owners begin

80 Right-of-Way Acquisition Process Uptown Process Purchase Upon successful negotiations, Board approves and authorizes all purchases and compensation amounts Special Counsel renders fairness opinions on all transactions involving Board Properties purchased and deeded to City of Houston Properties which cannot be voluntarily purchased will be referred to City of Houston for possible acquisition by eminent domain

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82 Northwest Transit Center Northwest Transit Center Memorial Drive

83 Bellaire Uptown Transit Center Post Oak Boulevard Bellaire Uptown Transit Centet

84 Uptown Dedicated Bus Lanes Project Corridor Northwest Transit Center Post Oak Boulevard Bellaire Uptown Transit Center

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