Session A3-10:00am AND THE MONEY CAME ROLLING IN: REGIONAL INFRASTRUCTURE UPDATE ROADWAYS & TRANSPORTATION
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1 Sessin A3-10:00am AND THE MONEY CAME ROLLING IN: REGIONAL INFRASTRUCTURE UPDATE ROADWAYS & TRANSPORTATION Mderatr: Bb MacDugall, Senir Managing Directr, Cushman & Wakefield Speakers: Jsh Kaufman, Senir Vice President, Retail and Cmmercial Develpment, Dream Centres Mac Lgan, General Manager f Transprtatin, City f Calgary Bruce Nelligan, President, Watt Cnsulting Grup
2 Octber 25, 2016 Presentatin V05 AND THE MONEY CAME ROLLING IN: REGIONAL INFRASTRUCTURE UPDATE ROADWAYS & TRANSPORTATION Calgary Real Estate Frum Mac Lgan, GM Transprtatin
3 Octber 25, 2016 Presentatin V05 City s shifting capital investment psitin Investing in prjects that strengthen Calgary s ecnmy in tw ways 1. Direct Investment in Calgary labur and material 2. Prjects that psitin Calgary fr fllw-n investment by the private sectr 69 St SW Park & Ride garage
4 Finding a Balance Main types f develpment : 1. Cmmercial / industrial vs. residential 2. Greenfield vs. established Octber 25, 2016 Presentatin Currie Barracks rendering V05
5 Octber 25, 2016 Presentatin V05 Key Infrastructure Investment Themes Transprt & Lgistics Health & Educatin Turism & Entertainment Psitining Calgary as the predminate Canadian prairie hub fr air, truck and rail shipment Supprt medical care and research alng with pst-secndary educatin develpment Enable private investment in new and expanded facilities
6 Octber 25, 2016 Presentatin V05 Key Prjects Crss-crprate prject alignment Many prjects are underway Additinal prjects under cnsideratin and will be reviewed with City Cuncil this fall
7 Prjects Underway Interchanges ($250 M) Glenmre Tr & Ogden Rd SE Trans-Canada & Bwfrt Rd NW Macled Tr & 162 Ave SW Crwchild Tr & Flanders Av SW Radways McKnight Blvd NE Andersn Rd SW Glenmre Trail - Sept 29/16 Renewals 17 Ave SW Kensingtn Imprvements Prject Octber 25, 2016 Presentatin V05
8 Prjects Underway: LRT Fur-car trains New Light Rail Vehicles Tractin pwer upgrades BRT Netwrk SE 17 Ave S Crsstwn N Crsstwn SW Siemens S200 series Mask Train Octber 25, 2016 Presentatin V05
9 What s Cming: YYC Radways Need t cnnect Airprt Trail NW Interchanges Airprt Barlw Tr & 19 ST NE Public Transit frm >> Bus Rutes #100, #300 t >> NE LRT YYC Internatinal Terminal Octber 25, 2016 Presentatin V05
10 What s Cming: Radways SW Ring Rad + 6 cnnectrs Crwchild Tr ver the Bw River 194 Ave SW Priddis Slugh Crwchild Trail Functinal Plan images Octber 25, 2016 Presentatin V05
11 What s Cming: Green Line LRT Visin Funding & Financing Prjects Octber 25, 2016 Presentatin Green Line LRT renderings V05
12 What s Cming: Active Mdes Efficiency + Envirnment + Health Cycling Cycle track pilt wrap-up Varius city-wide crridrs Walking Chink Pedestrian Bridge Centre City Chink Pedestrian Bridge rendering Andersn Pedestrian Bridge Octber 25, 2016 Presentatin V05
13 Octber 25, 2016 Presentatin V05 The Mve Ahead The purpse f the Calgary s transprtatin netwrk is t mve peple and gds t, thrugh and within the City It is nt abut mving cars, it is abut mving Calgary s ecnmy frward
14 V05 Thank yu Mac Lgan
15 CALGARY REAL ESTATE FORUM SESSION A3 AND THE MONEY CAME ROLLING IN Bruce Nelligan, P.Eng. WATT Cnsulting Grup Octber 25, 2016
16 Calgary Infrastructure Impact n Develpment TOD Sites Ring Rad
17 Calgary s Ring Rad Stney Trail 2009 Planned in late 70 s 2009 Segment 1 NW ???? Segment 2 NE Segment 3 SE Macled t 101 Street
18 Stney Trail NE and SE Segments Part f CANAMEX Crridr Eased Pressure n Deerft Trail Imprved mbility fr trucking sectr Created new pprtunities fr industrial develpments in Calgary and Rcky View
19 SW Ring Rad New Opprtunities $5B prject currently underway Cmplete by 2021 Tsuut in a 31km r 6/8 lane freeway 14 interchanges Macled t 101 Street Prvidence West Macled
20 Tsuut ina Natin Plans Tsuut ina Park 500 acres (entertainment, hspitality, retail) Tsuut ina Crssing 360 acres (innvatin, research, ffice, retail, mixed-use) Tsuut ina Centre 380 acres (retail) 2-3 years
21 TOD Sites
22 TOD Sites Existing Statin Area Plans: Andersn Statin, Banff Trail, Westbrk, Chink, Fish Creek / Lacmbe
23 Calgary Real Estate Frum Sessin A3 - And The Mney Came Rlling In Jsh Kaufman, SVP Retail and Cmmercial Develpment Octber 25, 2016
24 table f cntents Sectin 1 Sectin 2 Sectin 3 Sectin 4 Infrastructure Investment Opprtunity Kncks Transit Oriented Develpments Calgary Prvidence ASP
25 Sectin 1 infrastructure investment
26 Sectin 1 Infrastructure Investment Investing in transit systems and infrastructure is a necessity fr Canadian Cities t stay cmpetitive and t shape grwth.
27 Sectin 1 Infrastructure Investment
28 Sectin 1 Infrastructure Investment In the shrt term fr every dllar invested in infrastructure GDP increases by $1.43 and ver the lng term the discunted present value f GDP generated per dllar f public infrastructure spending r return n investment lies between $2.46 and $3.83 Surce: Bradbent Institute 2015
29 Sectin 1 Infrastructure Investment
30 Sectin 1 Infrastructure Investment Benefits Replaces aging infrastructure Technlgical innvatin Cmmunity develpment and sustainable grwth Scial Impacts Reduce vehicle perating csts fr Canadian husehlds Avids the transit desert Imprves accessibility and affrdability Prmtes healthy life habits and imprves the envirnment Ecnmic Impact Direct full and temprary emplyment Cnstructin jbs Taxable benefits fr municipalities Catalyst fr new business and investment Prmtes Public and Private Partnerships
31 Sectin 2 pprtunity kncks
32 HEADLINES SW Calgary Ring Rad gets fully financed: Alberta gvernment Prvince annunces $187 millin in transit funding fr Calgary, utlying cmmunities Prvince and Natin ink histric ring rad deal Calgary, Edmntn ring rads t see $2.9B ver 5 years: Alberta budget Calgary Transit is ging green Feds cmmit up t $582.9M in funding t cmplete Calgary s ring rad $1.95B Green Line LRT tunnel apprved in principle by Calgary cuncillrs
33 Sectin 2 Opprtunity Kncks Chart 1. City f Calgary ttal ppulatin ( ) Chart 2. Ppulatin fr majr age grups ( )
34 Sectin 2 Opprtunity Kncks Greenline LRT Calgary Ring Rad Infill develpment and intensificatin Mixed-Use and vertical grwth Crridr develpment Highly cmpetitive New trade areas fr retail and related amenities Emplyment utside f the cre Less cars and less parking Municipal plicy refrm TOD Brwnfield develpment Dramatic increase in surrunding prperty values Greenfield develpment adjacent Cmmunity develpment and master planning City within a City Reginal draw fr destinatin retail, cmmercial, and industrial Attracts emplyment utside f the cre Segregate incmpatible land uses and fllw planned functin Prmtes safe and efficient highway access Strng demand fr industrial and large flr plate users Less cmpetitin Flexibility t negtiate with tenants Density where it's apprpriate Opprtunities t cnnect t LRT and BRT
35 Sectin 3 transit riented develpment
36 Sectin 3 Transit Oriented Develpment What Are TOD s?.mderate and high density husing alng with cmplimentary public uses, jbs, retail and services.cncentrated in mixed use develpments at strategic pints alng the reginal transit systems. Transit Oriented Develpments are usually lcated within an easy walk (400 t 800m)f a transit statin r majr stp in an envirnment that encurages walking. Surce: Peter Calthrpe (1993)
37 Sectin 3 Transit Oriented Develpment
38 Sectin 3 Transit Oriented Develpments Factrs driving demand fr TOD s Benefits f TOD s Rapidly grwing traffic cngestin Old Suburbia vs the New Need t create quality, sustainable and livable cmmunities Husing preference and family structures have changing Husing affrdability is challenged Rise f the creative class Baby bmers have less dependency n the autmbile Emplyees and Emplyers prefer 24 Hur Neighbrhds Investment in transit is at unprecedented high levels acrss Canada Increase transit ridership Increase health benefits Reduce fuel cnsumptin Increase custmers fr lcal area business Increase transit revenue fr municipalities Reduce car wnership and prmte car sharing Creates regins with shrt cmmutes Cmpact and diverse cmmunities Enhance ability t maintain ecnmic cmpetitiveness Imprve cnnectins between jbs and husing
39 Sectin 4 Calgary Prvidence ASP
40 Sectin 4 Calgary Prvidence ASP
41 Sectin 4 Calgary Prvidence ASP
42 Sectin 4 Calgary Prvidence ASP
43 Sectin 4 Calgary Prvidence ASP
44 Sectin 4 Calgary Prvidence ASP By the numbers.. Prjected Ppulatin 31,925 persns Emplyment 11,250 jbs Land Area 816 Hectares Residential 4125 Apartment Units 6,925 Single Family Hmes Cmmercial 1.7M SF +
45 thank yu.
46 Sessin A3-10:00am AND THE MONEY CAME ROLLING IN: REGIONAL INFRASTRUCTURE UPDATE ROADWAYS & TRANSPORTATION Mderatr: Bb MacDugall, Senir Managing Directr, Cushman & Wakefield Speakers: Jsh Kaufman, Senir Vice President, Retail and Cmmercial Develpment, Dream Centres Mac Lgan, General Manager f Transprtatin, City f Calgary Bruce Nelligan, President, Watt Cnsulting Grup
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