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HomeMy WebLinkAboutAgenda Packet 2000/10/12 . . CITYOFCHULA VISTA ADJOURNED REGULAR MEETING OF THE CITY COUNCIL AGENDA OCTOBER 12, 2000 4:00 P.M. Council Conference Room Administration Building 276 Fourth Avenue CALL TO ORDER 1. ROLL CALL: Councilmembers Davis, Moot, Padilla, Salas, and Mayor Horton 2. EASTERN URBAN CENTER WORKSHOP City staff, in cooperation with McMillin Land Development and its consultants, will provide an overview of the Eastern Urban Center (EUC), including project goals and objectives, a review of adopted Otay Ranch General Development Plan guidelines, an overview of the EUC market analysis, and a discussion of EUC policy issues and public/private partnership opportunities. 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() - lo- O):t::: +- 0 en ::J +- N C :J 0.0 0 ~ C 0 en of- - Q) 0 ::J en 0 -.= en o lo- Q) en -- '+- C -0. c 0 .Q ~ '+- E 0 0 ~TI -0 Q) +- +- U ~ (!) ..c :J U TI >< lo- en CL CL CL - 0 (]) c 0 (I) LL . . 0 0 . . . . . I Z . . . . . Otay Ranch General Development Plan Planning Area 12 Freeway Commercial & Eastern Urban Center General Development Plan Section Page 2. Components to Land Use Plan p 85 c. Eastern Urban Center p 87 3. Commercial/Office/Business Park p 109 a. Regional Commercial/Office . b. Freeway Commercial Policies 12. Eastern Urban Center (Planning Area 12) p 174 a. Eastern Urban Center Setting b. Eastern Urban Center Description c. Eastern Urban Center Policies Character Policies Design Policies Parks and Open Space Policies Transit Policies Freeway Commercial Policies Planning Area 12 Map p 179 . Otay Ranch GDP / SRP 0 Part II . 2. Components of the Land Use Plan The overall pattern of land uses within Otay Ranch Is defined by the following major elements: o Villages and Rural Estate Areas o Area Around the Lakes o Eastern Urban Center (EUC) o lndustrlal/Buslness Park/Freeway Commercial o Open Space o Parks o Mobility System o Potential University a. Villoges A pattern of villages Is proposed throughout most of the Otay Ranch. The Otay Ranch villages concentrate both higher intensity land uses and "people activities" toward the village core, with densities generally decreasing away from the cere area. This organization of land uses promotes pedestrian travel Internally and supports transit opportunities for external trips. The design creates a sense of community within each village by attracting village residents to the village core for social, commuting, public service and shopping activities. Residential neighborhoods surround the village core and connect to It by pedestrian and ctrculatlon systems. This encourages Internal. non-vehicular trips. The purpose of the village design Is to provide an efficient and comfortable living environment for Its residents. (Section D, Land Use Design, Character, and Policies. focuses on the village concept.) Otay Ranch contains urban villages, specialty villages and rural estates areas: o Urban Villages: these villages are located within the Otay Valley Parcel, adjacent to existing urban areas. These villages are transit-oriented, with higher densities and mixed uses In village cores. An emphasis Is placed on providing alternatives to the automobile, including transit (bus and light rail), alternative transportation (golf carts), and pedestrian and bicycle facilities. Villages One through Eleven are urban villages. Each urban village has man-made or natural features or other amenities which provide a unique focus or specialty to create a sense of identity. While Villages 3 and 4, adjacent to Wolf Canyon, are designated as urban villages, thetr location and size limit thetr ability to fully function as urban villages. . . October 28. 1993 Page 85 Otay Ranch GDP / SRP 0 Part II . 19 OIay Ranch Village Types, Rural Estate and Planning Areas ~ Prinary lSels Univel$ity, seccndaryuseistrban viIIag.. . Industrial Planning Areas "WtilOlulaVJSl8, beprinaly use of ViIag.3 is ildustria1,llesecaKlaryuse Is ulbenYiIBge. Exhibh 25 Otay Ranch Village Types & Rural Estate Areas . Although most of the villages are predominately single famlly oriented. higher densities are permitted within the village core. Roadways and land use connections facilitate bus service to the core. Villages One. Five. Six. and Nine are located on the proposed light rail transit route. and Include the highest residential intensities and commercial uses to enhance transit ridership. Community services will be provided for local needs. based upon population and the respective facility standards. In some Instances. two villages may share services. Open spaces consist of neighborhood. community parks and natural features - such as canyons. and pedestrian/bicycle and equestrian trails. Cl Specialty V1llages: these villages are located In the Proctor Valley and San Ysidro Mountains Parcels. They consist of a resort v1llage. an estate village. and transition v1llages (Villages Thirteen. Fifteen. and Fourteen. respectively). Neighborhood commercial and community services are provided In a village core. with limited medium and higher density residential. Low density. single famlly uses predominate. with potential recreation and resort uses also provided. Open space Is primarily undisturbed natural habitat. golf course. trails and promenades. October 28. 1993 Page 86 . . . Otny Ranch GDP/SRP 0 Part II o Rural Estate Areas: Two very low density residential areas are located in the easternmost portions of the Proctor Valley and San Ysidro Mountains Parcels. These areas do not contain commercial uses. b. Area Around the Lakes Although not located on the atay Ranch property. atay Lake Is one of the most prominent features of the Otay Ranch Project Area. Portions of each of the three Otay Ranch parcels overlook the lake. providing uninterrupted views of mountains and the ocean. The land around the lake Is a desirable place for both development and recreational/open space opportunities. The area Is one of great scenic beauty. providing an exceptional opportunity for housing designed to take advantage of the visual attIibutes of the site. The San Ysidro West Vl11age [Vl11age Fifteen) located south of the lake contains 700+ acres of residential. 3.3 acres of commercial mixed use and an elementary school. The Resort Center located north of the lake will contain 230+ acres of resort and approxinlately 512 acres of residential uses. The resort center wl11 include hotels. golf course. resort-related residential uses. clubhouse. commercial and pub)lc service uses. Planning for all areas around the lake must be coordinated into a cohesive design. A university site is designated on the GDP/SRP land use map in the area of Vl1lages Nine and Ten and west of the lake along Wueste Road. c. Eastern Urban Center A projected Otay Ranch population creates a need for a centralized urban area to provide the regional goods and services which cannot be provided in village cores. Certain goods and services are not avallable in village cores because of the problems caused by permitting regional traffic into the villages. The 400+ acre Eastern Urban Center and freeway commercial area are located east of SR-125. oll a rise overlooking the atay Valley Parcel. This area will provide an intense. vital activity center to include an employment base with office, retail, business park. and visitor-serving commercial uses; cultural. entertainment, civic, recreation activity and residential uses. The light-rail system connects the EUC to the region and some of the villages of the atay Ranch. October 28. 1993 Page 87 Otay Ranch GDP/SRP C Part II . . . d. Industrial/Business Park/Freeway Commercial The Otay Ranch Land Use Plan designates Industrial/business park and freeway commercial uses primarily along the SR-125 corridor. Policies relating to Industrial. business park, and commercial uses are discussed in Section D, Land Use Design, Character, and Policies. Industrial/commercial uses are located in the following areas: Otay Ranch Regional Commercial, Office and Industrial Freeway Commercial Business Park Industrial Exhibit 26 EUC, Commercial, Industrial & Business Park S~es o There are three areas for industrial uses: one located south of the Otay Valley, adjacent to industrial areas of Otay Mesa; one west of Paseo Ranchero at the extreme western edge of the parcel near existing industrial development; and Village 3. The primary land use for Village Three, per the City of Chula Vista action, Is Industrial, whereas for the County, the primary land use designation is village residential. These light Industrial uses total approximately 603.5 acres. October 28, 1993 Page 88 Otay Ranch GDP / SRP c Pa.. e e e. 3. Commercial/Qffice/Business Park a. Regional Commercial/Ojfi1:e The Eastern Urban Center (EUC) contains the most intense development In Otay Ranch and is the urban heart of the region (Planning Area 12). Uses and intensities are Intended to create a lively. twenty-four hour environment. with a creative medley of uses. building types and amenities. These uses include the regional retail commercial. hotel and office uses. Retail and office development within the Eastern Urban Center is of an Intensity compatible with a "downtown" urban center. The most Intense development is concentrated near the trolley statlon(s), with building heights and sizes gradually decreasing toward the edge of the plann1ng area. (See Part II, Chapter 1, Section F. 12.; Eastern Urban Center [Planning Area 12) for applicable policies.) b. Freeway Commercial Adjacent to the EUC is approximately 106.5 acres of freeway commercial (Planning Area 12). The freeway commercial area provides for a mixture of uses suitable for. and dependent on, direct highway exposure, including large-scale uses which require sites primarily served by vehicular access. Typical uses permitted in the Freeway Commercial category (FC) include automobile centers: discount stores; warehouse outlets; membership clubs; and other large scale uses that require freeway exposure. Public uses such as park-and-ride and transit related services are also permitted. Freeway Commercial Policies o The actual amount and location of freeway commercial uses shall be established at the SPA level. o The freeway commercial land use category permits freeway- oriented. low scale buildings of three stories or less (heights will be established at the SPA level). The mass of the buildings shall be balanced with landscaped setbacks and landscaping within parking areas. o Setbacks. which prevent.a "strip development" appearance, should be established at the SPA level. o Landscaping shall create a well-kept and attractive commercial environment. Large parking areas shall be landscaped to m1nIm1ze heat gain and break up expanses of asphalt. o Prepare a signage program for freeway commercial uses concurrent with the first SPA containing freeway commercial uses. October 28. 1993 Page 109 Otay Ranch CDP /SRP 0 Part II . . . 12. Eastern Urban Center (planning Area 12) a. Eastern Urban Center Setting The Eastern Urban Center (EUC) is approximately 439 acres located in the center of the Otay Valley Parcel. The topography in this area consists of several broad knolls. The EUC is positioned at the center of the Otay Ranch community, where the three major circulation systems converge. These three systems include the open space network, the proposed SR-125 highway and the proposed light rail transit system. Open Space and Habitat: This prominent site will be visible from many of the developed portions of the ranch. The area has been extensively farmed and is therefore devoid of sensitive habitat. Land Use: The area is currently surrounded by vacant farm land and will be surrounded by Otay Ranch villages. SR-125 is proposed to form the western boundary of the EUC. Visual: The EUC is situated along the higher elevations of SR-125. Therefore, it commands views in all directions of the mountains and the ocean. Relationship to Other Otay Ranch Villages: The EUC is located adjacent to SR-125 on its western edge. The EUC is south of Village Eleven, west of Village Ten, and north of Village Nine. This is the central commercial and office node for the entire ranch and w11l be physically linked with all other villages. b. Eastern Urban Center Description The EUC is an urban center, serving regional commercial, financial, professional. entertainment, and cultural needs. This prime location is designated as the Eastern Urban Center to announce its role as the heart of the eastern territories in South San Diego County. The center will be a viable and intense mixture of uses that will act as a magnetic downtown, drawing residents, visitors and businesses. The center will be composed of buildings of varying orientations. It will contain specialty land uses. as well as shopping and entertainment uses. Landmark architecture will be encouraged to create a pronounced identity. An internal circulation system will provide for pedestrians, bus and trolley connections. This system w11l provide efficient access throughout the Eastern Urban Center and to the ultimate trolley line through this region.g The Eastern Urban Center contains: Cl 2,500 multi-family high density residential units Cl Build-out population of approximately 6,375 Cl Regional shopping complex October 28, 1993 Page 174 Otay Ranch GDP / SRP c Pari II . o Multi-Use Cultural Arts Facility (including civic arts/theaters and museums) 0 Regional Purpose Facilities 0 NeIghborhood Park 0 Business Park 0 Visitor Commercial 0 Light Rail Transit station 0 An Elementary School 0 Community Park 0 Urban Open Space Corridor 0 Central Library and Civic Centers 0 Affordable Housing . Planning Area 12 (EUC) Use SF MF Total Res. Dens Park CPF Sch C'm!. Open Art. Ac. Total Approx. Units Unb Un~s Ac. Ac' Ac. Ac. Ac. Sp. Ac. Pop. EUC" 35.6 8:9 ". 0 2,500 2,500 70:1 45.0 10.0 134.0 6,375 Reg. Mall 0 0 0 0.0 25.0 25.0 0 Vi~or 0 0 0 0.0 20.0 20.0 0 Comm. Cuttural 0 0 0 0.0 5.0 5.0 0 otI-low 0 0 0 0.0 80.0 80.0 0 Riseillus. otI- 0 25.0 25.0 0 MedlHigh Rise FC 0 1062 106.2 0 OTHER 0 0 0 0.0 20.0 24.2 442 0 TOTAl 0 2,500 2,500 70.1 45.0 8.9 10.0 2612 20.0 24.2 439.4 6,375 'Actual park size to be determined by Parks Master Plan at the SPA level. .. Regional MaD, VlS~Or Commercial, Olfice-low Rise Business and Olfice-MediumlHigh Rise area an uses permitted within the EUC land use designation. The characteristics and location of these subordinate uses wiD be defined as part of the EUC SPA plan. It is anticipated that atl uses within the EUC could equate to 6,006,000 sq. ft. of total uses. '. ~ Exhibit 63 Planning Area 12 (EUC) land Use Table . October 28. 1993 Page 175 Otay Ranch GDP / SRP 0 Part II . c. Eastern Urban Center Policies EUC Character Policies: o The character of the EUC should be guided by the following elements: . o Location at high point on the Otay Valley Parcel. o Synergism with adjacent villages. especially Village Ten. o 360 degree views to Point Lorna and the mountains. o Location along light rall transit. o Locate civic and regional purpose facl1lties in accordance with the siting criterian in the Facl1lty Implementation Plan. The amount and size wIl1 be determined at the SPA level. o The floor area ratio shall permit multi-storied buildings. hlgh- rise buildings and parking structures. The exact ratio will be established at the SPA level. o Locate less intense land uses around the edges of the EUC and utilize landscaped buffers of varyiilg widths to create a transition to surrounding villages. o Integrate commercial and residential uses to support a 24-hour environment. o Create a regional shopping complex focused on major shopping activities. o Provide for an array of services such as financial. medical. and research-oriented facUlties in office areas. o Locate theaters and ,museums in prominent locations. to broaden the appeal of the EUC as a viable regional hub of cultural activity. EUC Urban Design policies: o Orient buildings to create a continuous facade to pedestrian spaces. Define the pedestrian areas to provide a continuous pedestrian experience. o Emphasize an urban street scene by locating buildings at the sidewalk edge. except where creating pedestrian oriented spaces such as patios. plazas. malls and squares. o Buildings fronting on streets or pedestrian spaces should contain uses that support pedestrian activities such as dining. retail sites and entertainment. and cultural experiences. o Individual buildings or building clusters should Incorporate elements of art which can be viewed and experienced from adjacent public space. . October 28. 1993 Page 176 Otay Ranch GDP / SRP 0 Pan I1 . . o To create vitality and excitement, activities should flow out from buildings onto public spaces (I.e. sidewalk cafes, street vendors, sidewalk entertainment). o Buildings should Incorporate design. features which complement a pedestrian scale, such as horizontal components, overhangs, facade detail, display areas, and pedestrian seating. o Buildings should exhibit an urban character through the use of appropriate materials, textures, and scale. o The scale of prominent buildings should be generally mid-rise, up to 15 stories. o Buildings should display qualities that are characteristic of landmark architecture. o Utilize streetscape amenities, such as enhanced street paving, bollards and street furnishings, to establish Identity. o Establish view corridors which focus on and connect key visual landmarks. o Promlnantly feature major activities nodes such as transit stations, civic building and urban parks. o Varying, but complementary, land uses should be Integrated to provide a mixed-use environment. A strong pedestrian connection should be created between uses. o Encourage a mixture of land uses particularly where structures front a pedestrian plaza or urban park. o A variety of uses, Including residential, should be incorporated within a single structure where feasible. o The circulation system should minimize conflict with the pedestrian system. Parks and Open Space Policies: Application of the 3 acres per 1.000 residents standard would result in the development of 45 acres of local parks in the EUC. The EUC will contain 45 acres of neighborhood parks/town square and a community park (combined). The following policies shall guide the design of parks and open spaces In the Eastern Urban Center: o A neighborhood park may be constructed contiguous to or separate from the community park. o Incorporate a pedestrian open space/trail corridor (average 200 feet wide) across the EUC which connects to Wolf Canyon and Salt Creek. This corridor will create a strong east/west open space system and reflect differing characteristics as It moves through Otay Ranch. This corridor will be further defined by the overall Ranch Design Plan. . October 28. 1993 Page 177 Otny Ranch GDP /SRP 0 Part H . . . o The average width of the open space/trail conidor shall be calculated from one edge of the village to the other. o Provide a network of pedestrian spaces, plazas, malls, promenades, and squares to create a pedestrian oriented environment. o Individual building and building clusters should Integrate pedestrian plazas with the overall pedestrian system. o Pedestrian plazas should Incorporate fountains or artistic features as a visual focus. Other Eastern Urban Center Policies o Right-of-way for a transit line and transit stop/station within the EVC and Freeway Commercial area shall be reserved at the SPA level and irrevocably offered for dedication at the Tentative Map level. Freeway Commercial Policies: o This category Includes regional uses which require an automobile orientation near regional transportation systems. Expected uses Include thoroughfare commerclal-, visitor commercial and regionally oriented retail commercial o The freeway-oriented commercial area shall Include uses such as: an auto center, membership commercial, wholesale or discount outlets and other uses which require direct freeway exposure and serve a regional market. o Develop a slgnage and graphic program at the SPA level. o Reserve a park-and-rlde at the transit stop at the northeast intersection of Birch Road and SR-125. October 28, 1993 Page 178 Otay Ranch CDP / SRP " Part II . 75-loot Average Buffer Along Arterials Buffer Edge Reserve Rlght-ol-Way for Transit Provide for Multi-Modal Park and Ride Facility . "/ Buffer/Allow For Visual Access to EUC and Freeway ICommerclal 75-loot Average Buller Along Arterials . Exhibh 64 Planning Area 12 (EVG) Land Use Map Provide lor Complementary Relationship with Core 01 Village 10 200-loot average width within Village October 28. 1993 Page 179 . THE LONDON GROUP Realty Advisors, Inc. Eastern Urban Center Commercial Market Analysis For The McMillin Companies October 2000 . The London Group Realty Advisors, Inc. <I:J 2000 12770 High Bluff Drive, Suite 360 San Diego, CA 92130 Phone: 858-793-0048 Fax: 793-0074 glondon@londongroup.com . ~L~~G~<?~ Page 2 . ExECUTlVE OVERVIEW The London Group Realty Advisors, Inc. has completed commercial market analyses and provided strategic recommendations for the development of the Freeway Commercial and Eastern Vrban Center (EVC) sites within the Otay Ranch General Development Plan, the properties designated for commercial development at the Otay Ranch. Comprehensive market analyses were undertaken which tested many different commercial land use approaches. We analyzed various retail concepts, commercial office, R&D and transient commercial (hotels). We have recommended the development ofa one million square foot or larger 'life-style' center as the cornerstone project of the EVC. The vision is a quality designed, pedestrian oriented mix of full-price retailers and a strong entertainment component. This regional 'life-style' center will maximize consumer demand from the primary market area; yet will also attract consumers who reside elsewhere in San Diego and Mexico. This approach represents the best opportunity for success for this project, without substantially drawing from existing South County retail centers. . The Freeway Commercial and EVC should also include an array of other commercial opportunities, including ~ 'Power Center' which would be developed to 300,000 to 400,000 square feet by 2003 and phased to include approximately 600,000 square feet by 2012/13. ~ Several neighborhood or community retail centers (up to 7, depending on site and size limitations) for day-to-day grocery and convenience shopping. > Two hotels, including initial development of a limited service 60-80 room facility on the Freeway Commercial and a 125 to 150 room hotel on the EVC in 2004. The opportunity will also exist for a larger, full service hotel or resort on the EVC site, once the community is nearer build out. ~ Business Parks, including a significant capture (depending on land availability) of the projected 3.5 to 6.1 million square feet ofR&D space and 3.2 to 5.9 million square feet of commercial offices which we estimate will be developed in the South County by 2010. This project might initially include two to four story Class A office structures integrated within the overall theme of the EVC, but may eventually include structures as high as eight to ten stories. ~ Restaurant pads and food oriented retailing. ~ Housing, including apartments and owner-occupied medium to high density. Each of these components would be phased into the project as Otay Ranch is built out, the SR-125 toll road is completed and this eastern portion of South County is developed. . Commercial Market Analysis The McMillin Companies ~ L9,.tlPoJjiG~~~ Page 3 . INTRODucnON The London Group Realty Advisors, Inc. has completed a commercial market analysis and provided strategic recommendations for the development of the freeway commercial and Eastern Urban Center (EUC) sites within the Otay Ranch General Development Plan (GDP). The sites are located directly east of the SR-125 freeway, now under development. These sites represent the composite land holdings of the properties designated for commercial development at the Otay Ranch. Our study focus has been to underStand, for land use planning purposes, the commercial opportunities available to all of the sites. This report is not an attempt to assign any type of land use designations or timing to specific properties or ownerships. We exclusively represent the development interests of The McMillin Companies and no other property owners. This report addresses the market conditions for the following prospective commercial land use elements: . G Retail: we have analyzed the potential for various sized retail centers including neighborhood, community, power, regional and a mix of each. G Hotel: we have evaluated various hotel opportunities. G Employment: we have examined various employment land opportunities including commercial and corporate office, R&D and industrial. In particular, we have addressed the following questions and issues: G What is the demand for commercial retail from the development of Otay Ranch and other South County projects? G Given short-term and long-term buildout, what are the other commercial opportunities? G How can these opportunities be phased and mixed to maximize the potential in this new sector ofthe South County market? This report is an independent market analysis exclusively addressing the opportunity for success of the freeway commercial and Eastern Urban Center sites. This report is intended to be employed by The Corky McMillin Companies as a tool in which to accomplish development of their project and surrounding land uses in a manner that maximizes the potential of the market. Research for this project was completed in March 2000 and updated in September 2000. Conclusions and recommendations are strictly those of The London Group Realty Advisors, Inc. Users of this information should recognize that assumptions and . Commercial Market Analysis The McMillin Companies W T QNDONGROuP j: L.~n-.-,] :!C" Ie. \i!j' Page 4 . projections contained in this report will vary from the actual experience in the marketplace. Therefore, The London Group Realty Advisors, Inc. is not responsible for the actions taken or any limitations, financial or otherwise, of property owners, investors, lenders, public agencies, operators or tenants. . . Commercial Market Analysis The McMillin Companies ~ L9~9~G~<2.~ Page 5 . ExECUTIVE SUMMARY MARKET ANAL YSlS CONCLUSIONS The London Group Realty Advisors, Inc. has completed a market analysis of the commercial development potential of the commercially designated property at the Otay Ranch. The commercial areas include the Freeway Commercial north of Birch Road that will be ready for immediate development at the completion of the SR-125 freeway. The other commercial property is called the Eastern Urban Center (EUC) south of Birch Road. This property will be available for phased development as Otay Ranch progresses. The purpose of this section is to highlight the conclusions of the market analysis which address retail, hotel and employment land uses: . Retail Analysis ~ Neighborhood Retail Centers: In the short-term (2000 t02006) 33,700 housing units will be added to the Primary Market Area (PMA). The annual grocery expenditure per household is estimated at $5,3 I 5, based on $38 per person per week. By 2006, seven supermarket-sized grocery stores can be supported to meet the demand generated by these households. These supermarkets would be the anchors to neighborhood centers throughout the Otay Ranch. However, because several of the designated locations are not adequately sized for neighborhood commercial centers, the seven centers may not physically be built even though market support will exist. ~ Power Center: Research suggests that a power center sized at approximately 600,000 square feet may be supported. Total power center expenditures can be captured at the subject site is approximately $220 million. There are three components that contribute to this supporting demand, including the power center expenditures generated by the 47,227 future households within the PMA at buildout, existing residents in the PMA, and residents of Baja California. This power center should be phased so that it is consistent with growing expenditures in the market. We believe that supporting market demand for the first phase of approximately 300,000 to 400,000 square feet will be present by the end of 2003. ~ Regional Center: There are approximately $214 million in total regional shopping center expenditures generated by the 47,227 projected future households within the PMA at buildout, which is likely to occur by 2012 to 2013. Existing residents within the PMA will augment PMA spending by approximately $42 million. Thus, projected regional shopping center demand, estimated to be $256 million, suggest the following conclusions: );> The retail industry standard requirement is $275 million to $300 million for an approximately one million square foot, department store anchored regional . Commercial Market Analysis The McMillin Companies w I.;QNDO~GE>OUl' i!: ;,.."--....l ~'i". Ie. _,,ji: Page 6 . shopping center. By comparison, the average expenditure for each of the ten existing regional centers in San Diego County is estimated to be $309 million. The estimate of $256 million in the PMA falls short of the capability of the PMA as weH as the regional average. )> When the demand levels achievable from the secondary market ($72 million) and Baja California residents ($52 million) are included, total regional center expenditure estimates rise to $381 million, a demand level sufficient to support a regional shopping center. However, if the Mexican market is to impact the EUC certain 'barriers-to-entry' will have to be overcome, including the extent to which Mexicans will enter the U.S. at the Otay Mesa border crossing, as well as whether middle class Mexicans wiH travel on the SR-125 toll road. Inevitably, competition by retailers and retail centers in Mexico will increase in the coming years, as the number of investments in Mexican shopping centers has recently increased with the valuation of the peso. )> The existing regional shopping centers in the South County are the Chula Vista Shopping Center and Plaza Bonita. They meet many of the current shopping requirements of the secondary market and of residents of Baja Califomia. The addition of a new regional center is likely to transfer 20% to 35% of current expenditures from the Chula Vista Center to the new regional center, depending upon the range of 'leakage' . . )> There is a significant outflow leakage from residents of the PMA as well as affluent Mexicans, who currently bypass existing South County shopping centers, favoring centers north of Interstate 8 including Fashion VaHey, Mission VaHey, University Towne Center and Horton Plaza. A key to a successful regional center at the subject site is to recapture this demand. Although existing regional center demand and market conditions do not justify a one million square foot regional center, there is a preferred, alternative approach that will achieve success, including a positive fiscal impact to the City of Chula Vista. We believe that a one million square foot regional 'life-style' center, including a mix of full-price retailers and a strong entertainment component, will attract the necessary consumer demand from secondary markets, including San Diego County and Mexico, to support a center of this magnitude. Hotel There is a viable opportunity to initially develop a limited service, 60 to 80 room hotel/motel on the Freeway Commercial site. This is likely to be a limited service product comparable to the 1-805 corridor hotels including Ramada, La Quinta and Holiday Inn. Later, there will be a market opportunity to develop a 125 to 150-room hotel at the EUC offering similar amenities and services as a Hilton Garden Inn product. This will . Commercial Market Analysis The McMillin Companies ~ L9~n~l'jG!}<2.Ul; Page 7 . command the higher room rates and occupancies in the market. Once the Otay Ranch development begins to fill in, and there are retailing, restaurants and entertainment venues, such a hotel will be feasible. Specifically, it should be integrated within the Eastern Urban Center as a part of the mixed-use element. This will complement and perhaps encourage additional demand for a specialty/entertainment environment. The hotel should be expected to open in 2004 after the SR-125 is constructed and fully functional. Specifically, we have determined the following: o The demand for hotels is generated principally from visitors conducting business at the many industrial plants in Mexico and other Mexican business persons, American corporate travelers, tourists, military and local traffic. While the current hotels in the market target these demand sectors, with increasing border crossings occurring east, corporate and maquiladora demand is anticipated to increase. Demand is also expected to grow in the future with the development of Otay Mesa and the Otay Ranch. o The South County market is a 'stand alone' market because it does not experience significant overflow from Downtown San Diego and the San Diego Convention Center. Hotels in National City currently capture any overflow from the north. . o The existing competitive set of hotels within the market area supplies 903 rooms in eight hotels and motels, or approximately 330,000 available room nights to the market. Occupancy rates have been in the 71 % to 75% range for the past three years. o Occupancy for the competitive set has increased from 65% in 1993 to 75% in 1999, which is a healthy average annual increase of 2.4%. o The average daily rate for the competitive set has increased from $40.51 to $53.37 per room, which is an average increase of 4.7% per year. o Occupancy rate is expected to rise to over 84% in 2003 and then drop to 76.8% in 2005, which is a direct result of the addition of the subject site (120 to 150 rooms) to the market. The average daily rate (ADR) of $53.37 will continue to grow to $67.47 by 2005. This is a market that could become capacity constrained by as early as 200 I, when occupancy is forecasted to reach 79.6%. Business is lost when market occupancies reach 80% and the supply of hotel rooms is not sufficient at any given time. This level of support is sufficient to introduce new product with the amenity and service package of a Hilton Garden Inn. Furthermore, occupancies only drop to 74.6% when the subject site opens in 2004 with 150 rooms, which is a very strong hotel market indicator. . Commercial Market Analysis The McMillin Companies ~ L9lP~G~<2.~ Page 8 . The opportunity will also exist in the future for a larger, full service hotel or resort on the EUC site, once the community is nearer buildout. Employment Splice An analysis of demand for employment lands at the Otay Ranch specifically concluded the following: ~ Overall EmDlovrnent: There are 11,072 acres remammg for development of employment space in San Diego County. South County's share of this inventory is 5,221 acres (4,447 Otay Mesa, and 774 Chula Vista) or 47%. Based on a limited supply of employment land elsewhere in San Diego County, we expect South County to capture 30% to 35% of total employment growth (104,582 to 122,012 additional employees) in San Diego County during the 2000 to 2020 period. ~ R&D: Assuming projected employment capture rates for South County ranging from 20% to 35%, South County is projected to capture 8,750 to 15,313 high-tech jobs over the 2000 to 2010 period. This will require approximately 3.5 to 6.1 million square feet of R&D space which will be developed on 201 to 352 acres by 2010, depending upon the amount of square footage developed and land coverage. These buildings are typically one to two stories in height, and will house high tech employees or biotech lab space. . ~ Commercial Office: Assuming that South County achieves a capture of 33% to 37% of projected San Diego County employment, which is typically accommodated in commercial offices, approximately 12,601 to 23,615 new commercial office jobs will be added between 2000 to 2010. This will require approximately 3.2 to 5.9 million square feet of space which will be developed on 60 to 113 acres by 2010, depending upDn the amount of square footage developed and land coverage. The EUC could accommodate Class A office space initially ranging from two to four stories with an average floor plate between 15,000 and 20,000 square feet. The architecture of these office buildings would be integrated with the overall theme of the EUC and would be the 'prime' office space of South County. It is possible that much of South County's share of commercial office and R&D space can be captured at Otay Ranch. It's superior location and master planned community setting are significant factors that will attract new and expanding businesses. The EUC is an ideal place to seed this opportunity in the South County. . Commercial Market Analysis The McMillin Companies ~ L~..2,l'4G}}<2.~ Page 9 . RECOMMENDED DEVELOPMENT PROGRAM AND LAND USE DISTRIBUTION Based upon our market analysis, we recommend the following development program and land use distribution within the freeway and EVC commercial areas: I A power center, estimated to range from 500,000 to 700,000 square feet of gross leasable area that can be accommodated on 70 to 90 acres. 2 Clusters of food oriented retailing---Qne in proximity to the power center and one in proximity to a lodging concentration which can be accommodated on pads totaling 15 to 25 acres. 3 A regional 'life-style' retail/entertainment center. This concept is approximately one million square feet in size and includes a combination of full-price and outlet stores combined with entertainment that can be accommodated on 80 to 100 acres. 4 Two or more business parks that will function as employment centers-in the form of both traditional office and technology space. Office buildings would be a minimum of two stories but may be as high as eight to ten stories. On-going analysis will be necessary to determine specific market opportunities for later phase mid-rise office buildings. We would reserve 40 to 50 acres for commercial office structures. . 5 Housing can be expected to take a number of forms including a combination of renter and owner-occupied medium and higher density dwellings. Affordable, yet non- subsidized housing is most realistically achieved through rental housing. Medium densities of 18 to 24 units per acre with surface parking and higher density housing of 30 to 60 units per acre with structured parking. We would reserve 50-70 acres for the various housing opportunities. 6 Hotel or motel uses are also expected on both the freeway commercial site and at the EVC. We recommend the reservation of 10 to 20 acres for these facilities. . Commercial Market Analysis The McMillin Companies w T Q~Gl}<!'~ FL_ )l! "s Page 10 . Regional Ce1ller Regional centers are in the process of change and fewer traditional regional centers are being constructed in the United States today. Development of super-regional centers of 1.5 million square feet and larger are increasingly rare. What are being developed are 'hybrid' regional centers or 'life-style' centers of one million square feet or less, anchored by full price stores including somewhat smaller department and outlet stores and a sizable contingent of "entertainment retail." Such centers provide entertainment experiences for the entire family along with a great variety of shopping opportunities. By combining traditional and new types of retail shopping and entertainment, smaller regional centers are able to increase their market draw, reaching to a population further away, as well as penetrating the Mexican market, both of which are attracted through the unique combination of activities offered. . . Commercial Market Analysis The McMillin Companies ~ Lqtln~9~Gf?Q.~ Page 11 . CORPORATE PROFILE THE LONDON GROUP Realty AdviJors, Inc. REPRESENTATfVESERVICES Market and Feasibility Studies Financial Structuring Asset Disposition Government Processing Development Services Fiscal Impact Strategic Planning Capital Access Litigation Consulting Work-Out Projects Valuation Economic Analysis The London Group is a full service real estate investment and development consulting, capital access and publishing finn. We determine the answers to the questions: Should I purchase the property? If so, how much should I pay and what is my potential rate of return? What type of project should I invest in or develop? What type of deal should I structure? To answer these questions we conduct market analysis, feasibility studies, provide financial structuring advice and general economic consulting. Often we 'package' the deal and provide access to capital sources. We also have capabilities in pre-development consulting including asset management and disposition and in providing team coordination, processing and disposition services (packaging and promotion). . The. London Group cyber publishes The Real Estate & Economic Monitor a newsletter providing market trend analysis and commentary for the serious real estate investor. It is available and regularly updated on the World Wide Web at the following address: htto://www.londoOlrroup.com. As the former West Region Director of the Price Waterhouse Real Estate Consulting Group, Gary London brings acknowledged credentials and experience as an advisor and analyst to many successful projects and assigmnents throughout North America. The London Group also draws upon the experience of professional relationships in the development, legal services, financial placement fields as well as its own staff. Clients who are actively investigating and investing in apartment projects, retail centers and commercial projects have regularly sought our advice and financial analysis capabilities. We have analyzed, packaged and achieved capital for a wide variety of real estate projects including hotels, office buildings, retail shopping centers and residential housing communities. Weare generalists with experiences ranging from large scale, master planned communities to urban redevelopment projects, spanning all land uses and most development issues. These engagements have been undertaken throughout North America for a number of different clients including developers, investors, financial institutions, insurance companies, major landholders and public agencies. 12770 High Bluff Drive, Suite 360, San Diego, CA 92130 858-793-0048 . Fax 793-0074 . emaill!londonaillondonl!rOuD.com . Commercial Market Analysis The McMillin Companies e e e RECOMMENDED DEVELOPMENT PROGRAM POLICY ANALYSIS AND PUBLIC-PRIVATE PAR TNERING The market analysis report prepared by the London Group in April 2000 established achievable buying power, employment and lodging demand at the Otay Ranch Eastern Vrban Center (EVC). Translating these estimates of demand into patterns of land use begins with a development program. This report describes development program recommendations for the McMillin portions of both the Freeway Commercial and EVC portions of Planning Area 12 of Otay Ranch. It also includes preliminary recommendations for creating a public-private partnership between McMillin and the City of Chula Vista and an analysis of public policies that may present challenges and opportunities in such a partnership. A development program is a narrative description of how a property or area should be developed. The program serves as a guide to the physical planners (land planners, architects,landscape architects and others) who are responsible for translating the narrative program into a physical land use, transportation and utility plan. The development program describes an overall identity for the project including theme, image, and attributes to be merchandised. The objective of a development program is to reinforce the capture of target markets, maintain economically viable conditions, and" create a positive, long-term identity to successfully guide the development phases of the project. Typically, development programs describe the product and amenities of the development, which are based on the market analysis. Both products and amenities must be simultaneously pursued for the purpose of accelerating project sales, leases and rents, mitigating absorption risk through "place-making" and generating sufficient revenues to service front-end infrastructure investment. Preparing a development program for the EVC begins with establishing a statement of the recommended overall theme and identity for the project. This statement of the project should be both adopted by the owner and supported by the City. It is analogous to the mission statement in a business plan. It is the guiding statement against which later program details can be "tested" for compliance in support of the overall theme. Eve Development Program Preparing a development program for the EVC is particularly challenging. In addition to the traditional factors of market conditions, site conditions and location, access, infrastructure and other factors, programming for the EVC is further impacted by an array of policy and fiscal expectations as well as public and private hopes and ideals. The process should never lose sight of the fact that the EVC will be the heart of a new town. As such, it is considerably more challenging than a single use, stand-alone 1 EUC Recommended Development Program Leland Consulting Group e e e commercial enterprise. The economic success of new towns and very large new communities in America is not encouraging. Care must be taken at the EUC and throughout Otay Ranch to insure that the fatal mistakes of other well-intentioned projects are not replicated here. The sheer size, scale and range of expected uses qualify the EUC for a public-private partnership. It will involve not only a blend of public and private uses, but equally important, a necessary financial contribution by both the public and private sectors to assure both short-term and long-term success. Such success in turn generates sales tax revenues which returns to the public for reinvestment. Background and Public Planning Considerations In approximately 1993, the City of Chula Vista and the former owners of the Otay Ranch prepared public policy relating to development of the Otay property. These policies "remain on the books" and have not been altered for eight or more years. Since that time, ownership of the property, economic conditions, and planning and implementation of public-private mixed-use developments has changed as a result of knowledge gained over the past decade. The applicable public policies are listed in the table entitled 'Otay Ranch: Policy Implementation Assessment' located in Appendix A. The policies are discussed in detail later in this report. Original policy intent for the EUC is that it will accommodate both a freeway commercial sector of development and an urban mixed-use development. The City, in its 1993 policy statement, described the Eastern Urban Center as follows: The EUC is an urban center, serving regional commercial,financial, professional, entertainment, and cultural needs. This prime location is designated as the Eastern Urban Center to announce its role as the heart of the Eastern Territories in South San Diego County. The Center will be a viable and intense mixture of uses that will act as a magnetic downtown, drawing residents, visitors and businesses. The Center will be composed of buildings of varying orientations. It will contain specialty land uses, as well as shopping and entertainment uses. Landmark architecture will be encouraged to create a pronounced identity. An internal circulation system will provide for pedestrians, bus and trolley connections. This system will provide efficient access throughout the Eastern Urban Center and to the ultimate trolley line through this region. The Eastern Urban Center will contain: . 2,500 multi:family high-density residential units; . Build-out population of approximately 6,375; . Regional shopping complex; . Multi-use cultural arts facility (including civic arts/theaters and museums); . Regionalpurposefacilities; . Neighborhood park; 2 EUC Recommended Development Program Leland Consulting Group e e e . Business park; . Visitor commercial; . Light rail transit station; . Elementary school; . Community park; . Urban open space corridor; . Central library and civic centers; . Affordable housing. Theme The overall theme for the EVe is a mixed-use, multi-phase, public-private town center development with an emphasis on retailing. The project will have a light rail trolley system and, therefore, an opportunity for some transit-oriented development and a mix ofland uses to be implemented over time. Much of the EVe's visual continuity can be established through streetscape design-the size and location of streets, landscaping, lighting, street furniture and other elements that will provide continuity throughout the project. A consistent and quality landscape theme allows for both a variety of land uses and different architectural designs to coexist in proximity to each other. Downtowns, town centers, main streets, and other significant urban places are in fact, a collection of places. It's the collection of the parts that makes town centers interesting- a residential area, an employment center, a retailing center, public plazas, and other identities. The challenge for the EVe will be to provide a theme that connects each place and provides a touchstone for identity during the build-out phasing. Public- Private Partnershi~ortunity As stated previously, the size and scope of the Eve will require some degree of public- private partnering that will include planning and implementation efforts by both parties. The ability of both the private developer and the public staff to build sufficient trust is important in order to combine their efforts to ease implementation. Some of the most successful urban centers, whether in downtowns or suburban developments, have involved public-private partnering. This section discusses the advantages of public- private partnerships and the ground rules or assumptions that can form the basis for working together. Why Pursue Public-Private Partnerships? The mixed-use character of the Eve suggests a public-private solution but the extent of that partnering depends on how motivated both partners are to pursue a spirit of joint development. The following advantages of partnerships can be used as a testing ground to define the advantages within the EVe. 3 Eve Recommended Development Program Leland Consulting Group e e e . Through a negotiated strategy, the public and private sectors can pool resources and share responsibilities. . Partnerships enable governments to leverage scarce public funds with private capital. They have the potential for easing implementation for the private sector, thus reducing the time and therefore the expense of development-critical to affordable housing. . Public-private partnerships require strategic public decisions about development- the City Council and staff must be ready to target City funds and staff time to generate the private investment and desired development within the target area. . Taxpayers and voters expect government to squeeze more value out of public dollars and to leverage the improvements to attract private investment. . Partnerships have the potential to optimize the value of publicly owned assets while reducing the costs of management and development of those sites. . The private sector needs access to regulatory flexibility and the public sector needs private investment-in a negotiated strategy, they become partners who need each other. . Both the City and its private partners will need to join forces in order to build public trust through public information and involvement in the process. . In a successful public-private project negotiation, both sides need to be responsive not only to each other's needs and viewpoint but also to the realities of structuring such ventures in the political arena and the economic marketplace. . While public entities provide incentives, private developers provide the essential ingredients such as invaluable market knowledge; development and management skills; prospective tenants or buyers and risk capital. . Both public and private financing techniques can be used to reduce risk and achieve public goals for the type and quality of private development desired by the public. o Government or a private developer cannot alone create successful urban centers. Nor will they emerge of their own accord. Instead, success requires that both partners work together toward a common vision, aware of their differences and able to negotiate. These advantages highlight the leverage both McMillin Land Development and the City of Chula Vista have with one another as they pursue the development of the EUC. Each player has the ability to contribute essential elements to create a development that far outweighs what either could accomplish alone. Rules of the Game The City and McMillin Land Development have a decision to make as to how to move forward on this project and the extent to which they are willing to enter into a public- private partnership. The project will move forward more successfully only if some ground rules are established and an understanding of the "rules of the game" developed. The following rules of private-public partnerships have provided a basis for successful partnerships. 4 EUC Recommended Development Program Leland Consulting Group e . . 1. Developers make market-based investment decisions. . Developers of urban center projects say tbey make real estate investment decisions, not "smart growth" or "transit" or "neo-traditional" decisions. . The fundamental investment decision must respond to identify real estate market opportunities. . Understanding tbis is essential to achieving successful urban center development. . If tbe target real estate market does not exist, the necessary development capital will not be invested. 2. Markets are unforgiving. . Markets are people. Projects respond to people's needs, desires, and especially their ability to pay. . In a real estate context, tbis means places to live, work, shop, learn, play and be entertained. . We, as tbe market, can and will reject a real estate product tbat is not responsive to our desires and needs. 3. Recognize that public and private players have different goals. Public Sector . Long-term goals are multi-faceted, defined publicly and in tbe public interest; . Goals tend to be (more) general and may be stated in tbe comprehensive plan, neighborhood plan, regional plan or economic development and transportation plans; and . Often goals shift depending upon public perception and political climate. Private Sector . Defined privately witb specific objectives such as return on investment; . Short-term nature of capital versus long-term nature of public goals; . Developers may have personal goals such as enhancing tbe connection, creating a quality project or establishing strength in a property/product market; and . Market opportunity, available financing, cost of capital and otber factors shape business goals of developers. 4. Private capital follows public commitment. . Most investors and developers are reluctant to pioneer new concepts. 5 EUC Recommended Development Program Leland Consulting Group e e e . This is especially true in locations that are seen as outside the mainstream of development-unfortunately many new urbanist centers are still perceived this way. . Difficult regulations or unreasonable restrictions will stop or slow development or result in excessive cost. . Barriers to successful implementation must be removed or neutralized by the public before private investors are willing to enter the market. . The public must invest in its urban centers-streetscape, structured parking, public open spaces, cultural and civic facilities, libraries, museums, etc. Public-Private Partnering at the Otay Ranch The City of Chula Vista and McMillin Land Development have much at stake in the successful development of the Otay Ranch land. Both entities have a basis to negotiate and to promote clear communication because economic conditions and public goals from the first planning of the property in 1993 need to be revisited. As the EUC project moves into pre-development programming, both private and public interests must be negotiated and aligned. Several steps can be taken in these early stages of planning to develop communication, trust and willingness to negotiate for a far better end product that meets both private goals and public interests. Fortunately, McMillin Land Development and the City of Chula Vista have a long and successful working relationship that spans more than 20 years. Much trust is in place. But the devil is in the details and it is the details that can make or break the EUC. Agree Upon a Shared Vision or Development Principles Successful public-private partnerships are based on some shared development principles or goal statement. Examples of broad principles to guide planning for the EUC include: . Diverse and concentrated mix of uses that create a strong, lively center: . Mixture of complementary uses; . Concentrated area; . Generation of pedestrian activity; . Creation of a lively, interesting social environment; and . Creation of a profitable business setting. . Quality design establishes a distinctive sense of place: . Physical setting for pedestrian activity; . Comfortable and convenient; and . Visually interesting and secure. 6 EUC Recommended Development Program Leland Consulting Group e e e The City of Chula Vista and McMillin Land Development have begun negotiation of the vision based on the earlier policies. The two partners are beginning to define the limits of a vision statement. Clear Expectations Another step in the development of successful partnerships is the articulation of expectations during the early stages of project planning. Understanding the different interests and expectations necessary from a public or a private standpoint can enhance the ability of the partners to work together. One of the key roles of the consulting team is to clear the project of unexpressed expectations and provide negotiation of conflicting goals. The current exploration of the 1993 policy expectations helps to set the stage for building clear expectations for the project. In addition, both partners should define their performance and process expectations for one another. The following statements are an example of some of the potential public or private sector expectations gained in other communities. These may be added to or expanded upon and this may be the next exercise that the City and McMillin engage in to define their expectations for the performance of each partner and communication and process ground rules. . What the Private Sector Developer seeks from the Public Sector: Political Will . Aligned and stable Council/Planning Commission; . Strong community support; . Business and community alignment; and . Favorable (or at least neutral) press. Financial Means . Sales tax with reinvestment into the project; . Bonding capacity; . Fair and reasonable regulations; . A clear plan with quality controls; and . Other incentives and mechanisms. . What the Public Sector Developer seeks from the Private Sector: Developers who have done public-private partnerships . Who know the public scrutiny and won't back out; . Who understand public process and the microscopic view of a public project; . Who have experience in the project type that is anticipated; and . Track record of success. 7 EUC Recommended Development Program Leland Consulting Group e e e Developers who are financially strong . Equity or an equity source is in place; and . Debt sources as well. Developers who are in itfor the long haul . Most projects are as, or more dependent on, long-term operations as they are on initial design, financing, and leasing; and . Can't explain away bad development. 8 Eve Recommended Development Program Leland Consulting Group . . . PROGRESS REPORT Policy Implementation Assessment The City of Chula Vista and McMillin Land Development have become willing participants in assessing the realistic implementation of the policy goals and statements related to the EVC as a first step in developing a stronger partnership. Both parties have examined the policy goals through two different assessment approaches-equally useful and appropriate. Each side reviewed the policy statements and employed a ranking system of one to ten. The City approached the policies as a ranking of policy priorities and conducted a three level assessment as a team. The City produced three rankings for the policies-an overall ranking; a priority ranking of each set of policies within the category (e.g. land uses); and a ranking of priority of the entire team by votes individually. McMillin Land Development ranked the policies by their view of ease of implementation-with a ranking of one being easy and of ten being difficult, if not impossible. The charted results are located in the Appendix B. This process provides the basis for strategic planning and implementation. Taken at face value, the rankings highlight the areas that require further analysis and negotiation during future planning and partnership building. By providing a base of information, the rankings communicate the shared and differing priorities of the public and private sector. City Priorities The following summary describes the overall ranking of all the policies by the City of Chula Vista. The establishment of a light rail transit (LRT) station and right-of-way through the EVC is a primary issue for the City. The secondary priority that relates to this goal is the establishment of commercial and residential uses that encourage a 24- hour environment and are located close to the LRT. The City ranked the creation of floor area (FAR) ratios that permit "multi-storied" and "high-rise" buildings and parking structures as important. Other top priorities for the City focus on the desired land uses and mix. The City ranked the development of entertainment uses as a top priority along with regional uses such as thoroughfare commercial, visitor commercial and regionally oriented retail. Equally important to the City is the development of a regional shopping center. Other top ranked land uses include the development of employment related uses such as a business park, financial and bio-medical services and research-oriented space. The remaining top ten items are all related to design including pedestrian-friendly design, signage and graphic continuity, building orientation and fa~de continuity. 9 EUC Recommended Development Program Leland Consulting Group e e e McMillin Land Development Concerns McMillin Land Development approached the assessment by ranking each policy by the level of difficulty of implementation. McMillin ranked the majority of the elements in all categories with a level of 2 to 3 on the difficulty scale. The few areas that were considered somewhat difficult (5 or 6) or difficult (8 or 9) related primarily to the Land Use policy goals. The separate land use goals oflocating regional purpose facilities and affordable housing within the development were ranked five on the scale. Additionally, other public goals for building 2,500 high-density residential units to house a build-out population of 6,375 were considered difficult and ranked seven on the scale. The goals of developing an elementary school and multi-use cultural arts facilities were also ranked difficult-eight on the scale by McMillin. The most difficult policies to implement according to McMillin were the goals oflocating a central library, fire station and community park within the EUC. McMillin's concern with land use policy goals for public uses were also reflected in the EUC Character Policies. The policy goal to locate civic and regional purpose facilities in accordance with the siting criterion in the Facility Implementation Plan was ranked eight on the scale by McMillin. The goal oflocating theaters and museums in prominent locations was also considered somewhat difficult-ranked six on the scale. McMillin listed only two of the EUC Urban Design Policies as more difficult-those included the goals of including mid-rise buildings up to 15 stories and the goal of creating mixed residential/commercial development. All of goals in the remaining policy categories including Parks and Open Space Policies; other EUC policies; and Freeway Commercial Policies were ranked within the one to three range of difficulty by McMillin. Public-Private Differences This first stocktaking exercise illustrates that the City and McMillin are aligned on many of the policy goals. McMillin ranked the majority of existing policy goals within the one to three range for ease of implementation. In each category there are some distinct differences that reflect the policy priorities and the developer's judgment of the degree of difficulty in meeting policy expectations. As the City and McMillin proceed with the steps of defining a partnership, each member will need to contribute to the vision of the EUC and the communication of clear expectations. The goal of this exercise was to identify areas in whicl1 the City and McMillin agree and differ on the implementation of the policies. While each player used a different approacl1, the results are nonetheless comparable. Analysis of the results indicates that there is high agreement on many elements-many items, which the developer considers 10 EUC Recommended Development Program Leland Consulting Group e e e easy to implement, are also high priorities for the City. The areas in which there are differences can be divided into three categories and discussion about their differences examined. 1. Policies that were ranked as Difficult by McMillin (7 or higher) and High Priority (7 or higher) by the City; 2. Policies that were ranked as a High Priority by the City (7 or higher) and ranked as Medium Difficulty (5 to 7) by McMillin; and 3. Policies that were ranked as Medium Difficulty/Priority (5 to 7) by both the City and McMillin. 1. Policies ranked Difficult by McMillin and High Priority by the City . 2,500 multi-family high density residential units . Build-out population of approximately 6,375 . Multi-Use Cultural Arts Facility (including civic arts-theaters and museums) . An Elementary School . Community Park . Urban Open Space Corridor . Central Library . Civic Centers . Locate civic and regional purpose facilities in accordance with the siting criterion in the Facility Implementation Plan. The Amount and size will be determined at the SPA level. . A variety of uses, including residential, should be incorporated within a single structure where feasible. . The scale of prominent buildings should be generally mid-rise, up to 15 stories. 2. Policies ranked High Priority by City and Medium Difficulty by McMillin . The circulation system should minimize conflicts with the pedestrian system. 3. Policies ranked Medium Priority and Difficulty by the City and McMillin . Regional Purpose Facilities . Neighborhood Park . Affordable Housing . Locate theaters and museums in prominent locations, to broaden the appeal of the EUC as a viable regional hub of cultural activity. Each of these selected policies represent different negotiation challenges depending on the particular policy and its difficulty and importance. Discussions can begin by 11 EUC Recommended Development Program Leland Consulting Group -e e e examining the policy language and stating the nature of the priority or the reason the policy represents difficulty. Developing a Public-Private Partnership Development Principles and Shared Vision Review of policies provides a starting point for developing a shared vision statement. Ideally, the program reflects this shared vision through the avenues of the theme statement, program land use goals and description of the character of development. The consulting team recommends that the City and McMillin produce a negotiated set of development principles based upon the policy and vision as defined by the development program. The Process should allow for flexibility and revisions to accommodate new information. Clear Expectations The City and McMillin have taken a significant step forward through the process of articulating differences and concerns during recent discussions. The consultant team recommends that each partner articulate a set of expectations for communication, process and performance to move forward. This report outlines a set of typical expectations of public-private partners, which may be a starting point for a statement from each partner. Agreed upon expectations and process ground rules are helpful should negotiations become more difficult. Assigning Responsibility The development of a public-private partnership at the EUC can move into implementation planning after the City and McMillin have negotiated differences on the implementation of the policies. The following matrix illustrates an approach to assigning implementation responsibilities. This table offers an approach to defining responsibility for implementation of key policy and development goals for the EUC. 12 EUC Recommended Development Program Leland Consulting Group e e e Development Implementation Responsibility Develonment Princinles and Policies Public Private Joint Maximize pedestrian access . Provide access and development integration with LRT . stop Promote mixed-use development with variety of land . uses Promote location of re2ional nurpose nubUc facilities . Provide significant retail-commercial uses . Promote and provide nubUc nlazas and public uses . Define areas where develonment will be concentrated . Provide incentives and investment for affordable housing . Encourage urban street scene through design and . orientation Develop a signage and graphic program to unify . development lncoroorate a pedestrian onen space/trail corridor . Plan and mana2e narkin2 effectively . Promote residential develonment near transit/shopping . Provide street amenities such as naving and furnishin2s . Integrate land uses to nromote 24 hour activity . Design center to enhance nedestrian eXllerience . McMillin and the City may choose to add or change this matrix. 13 Eue Recommended Development Program Leland Consulting Group e e e PROGRAMMING ASSUMPTIONS The estimate of market potential is but one of the important factors to be taken into consideration as planning is carried out for the EUe. Equally important is unforeseen competition that may develop in advance of the EUe, the availability and cost of capital as it relates to financing economically feasible development, the general economy as it relates to job formation, in-migration and ability to purchase homes in support of shopping and other uses, and related considerations. The overall theme for the Eue is a mixed-use, multi-phase, public-private town center development with an emphasis on retailing. Efforts to refine this description into specific land use allocations are prepared on the basis of a number of interactive assumptions. These are briefly summarized as follows: 1. That the market forecast of potential developable space will not be significantly eroded by unforeseen and presently unidentified competition. 2. Recognition that land uses, retail in particular, will frequently change in both concept and format. Retail themes typically last five to eight years and then change.' 3. The nationally recognized Urban Land Institute (UU) maintains that flexibility is essential to successful development-the market (people) are demanding about how they spend their time and dollars and reject products that do not meet their needs and desires. Hence, flexibility to respond to changing market conditions is essential. 4. Because the Otay Ranch area is a newly emerging community, markets can be expected to strengthen over time, which necessarily allows for the phased introduction of certain uses. 5. Land uses will probably need to be intensified over time as the community builds out. While the economic justification is undoubtedly lacking to initially support parking structures, surface parking is both necessary and feasible during the early years of development. At some point in time, given strong economic performance, portions of the EUe may intensify with the development of parking structures, replacement of buildings and other 'infill'. It is not advised or considered feasible to burden the Eue in the beginning with such intensity requirements. 6. Business uses may also evolve, from individual offices, for example, to a campus style environment. 7. Effects of a University may alter the character of Eue over time. , For example: traditional community and regional centers have been replaced with power centers, lifestyle centers, regional/entertainment centers, main streets, and other venues. 14 Eue Recommended Development Program Leland Consulting Group e e e Recommended Development Program and Land Use Distribution The recommended development program and land use distribution is shown in the following table. The program depicts a variety of recommended land uses, to be developed within the freeway and EVe commercial areas. An estimate ofland areas (acreage) is assigned to the various land uses. The acreages listed in the first column represent early estimates of developable land. Further analysis has revealed that there will be less developable area than previously estimated. These revised areas are listed in the second column. In the third column, the amount of land available for each land use has been determined by applying the original ratio in the first column to the revised areas in the second column. The fourth column further revises the area by accounting for land that will be reserved for public uses (see next page). 15 EUC Recommended Development Program Leland Consulting Group e e e ,', : ,,::c",:, .:. : ....:.., Freeway Commercial & Eastern Urban Center Development Program & Land Use Distribution "d ..c ., rg = "' ., os 0lI "d = =' ;; ., =0, os ., 0 .0 e l?f -; 0 ., ;; "d -; os ... 0 " Notes "il .. (IIJ "c =:-."" ~''= ~ ~ t ~ .. ., ~ ~""d:C~ ~~~ ~j<~ l., rJ "d =' i <Q~ ..c os =0, Land Use Gross Area: Free.vay 149 158 Commercial Gross Area: EUC 295 276 I Combined Area 444 434 All Ownerships Less major circulation 52 104 Fwy. Arterials + Buffer Less internal circulation 20 33 Depends on Plan Less internal slopes 0 22 Slopes> 10' Less East/ake Useable Area 39 0 Not included? Less additional public uses 0 0 0 65 See estimate next page I Adjusted Gross 333 275 275 210 Develonment Area Allocation of Land Uses Po.ver Center 80 66 50 Free.vay Oriented Food I 10 8 6 Pads near Power Center Free.vay Oriented Food II 10 8 6 Pads near Lodging Regional/Entertainment Center 100 83 63 1 mil/ion S.F. GLA Office/Business Park I 25 21 16 Employment Center Office/Business Park II 20 17 13 Employment Center Hotel/Motel/Meeting 13 11 8 Med/Higb Density Rental 30 25 19 Rental Apartments Housing Med/Higb Density O.vner 30 25 19 Variety of Housing Housing To.vn Center: Public/Private 15 12 9 Mixed-Use Core Area Mixed I Subtotal 333 275 210 16 Eve Recommended Development Program Leland Consulting Group e . . Additional Public Uses Community Park Community Purposes Facility Elementary School Multi-Use Cultural Arts Estimated Area 35 10 10 Included in allocation of land uses as Town Center Regional Purpose Facility Central Library, Museums 5 Included in allocation of land uses as Town Center Urban Open Space Corridor 5 I Subtotal 65 The program includes various residential and commercial uses. Included within the spectrum of potential uses are: 1. A retail power center of 500,000 to 700,000 square feet of gross leasable area. 2. Clusters of food oriented retailing-one in proximity to the power center and one in proximity to a lodging concentration. 3. A regional shopping center/entertainment center. This concept is approximately 1 million square feet in site and includes a combination of full-price stores together with entertainment. 4. Two or more business parks are identified. These are employment centers primarily in the form of both traditional office and technology space. Office buildings would be a minimum of two stories but may be as high at eight to ten stories. Further, on- going analysis will be necessary to determine specific market opportunities for later phase mid-rise office buildings. 5. Housing can be expected to take a number of forms including a combination of renter and owner-occupied medium and higher density dwellings. Affordable, yet non-subsidized housing is most realistically achieved through rental housing. Medium densities of 18 to 24 units per acre with surface parking and higher density housing of 30 to 60 units per acre with structured parking. 6. A small town center is envisioned with a variety of land Uses. The town center would involve a small public plaza and be connected to the regional shopping complex as well as employment and medium and higher-density housing. Further, it is envisioned that the town center would orient to the light rail line and therefore support transit-oriented development. An optional land use, but one that could have a significant impact on sales tax revenues is an auto campus. The automobile industry is going through significant change with a reduction in dealerships nationwide and new formats and venues for merchandising 17 Eve Recommended Development Program Leland Consulting Group . e . both new and high quality used automobiles. Otay Ranch presents an opportunity for development of a state-of-the-art auto complex involving multiple dealerships and supporting facilities such as food, banking, and appropriately designed and managed support industries such as tires and accessories, bodywork and detailing, repair and related services. Designing the auto center of the future will require additional study and a direct involvement of the auto manufacturers and dealers. Another alternative and interim use is a technology center involving low-density flex space development. Moderate cost single story structures can be used as an interim use for fifteen or so years allowing the market to "ripen" for more intensive uses that would replace the flex structures. Regional Center As demonstrated in the market analysis, the estimates of short- and mid-term demand are such that the development of a regional center is considered unlikely. At the same time, regional centers are in the process of change. Fewer traditional regional centers are being constructed in the United States today, a trend expected to continue. New Super-regionals of 1.5 million square feet and larger are increasingly rare. However, there are hybrid regional centers being developed. These are centers of a million square feet or less, anchored by full price stores including somewhat smaller department stores, specialty and outlet stores as well as a growing array of 'entertainment retail'. Such centers provide entertainment experiences for the entire family along with a great variety of shopping opportunities. Entertainment takes the form of cinema, restaurants, books, music, state-of-the-art video arcades, and even such facilities as high quality indoor skateboard parks. By combining a combination of traditional retail shopping (full value stores) and entertainment, smaller regional centers are able to increase their market draw-reaching to a population further away because of the distinct and sometimes unique combination of activities that are offered in this new form of regionalj entertainment center. Sales Tax Revenues Original planning by the City of Chula Vista in approximately 1993 also made estimates of the probable income that would derive from sales tax revenues to be paid to the City and be reinvestment into infrastructure and other public capital investment. One of the important targets of the public-private planning process for the EUC is to develop an attractive and feasible urban center within realistic market conditions and identified opportunities while attempting to generate maximum sales tax revenues in support of the City's fiscal target. The original fiscal target was $7.82 million (1993 dollars) in annual tax revenues at build out, based on one percent of total sales. We have forecasted sales tax revenues estimated at $7.3 to $10.5 million annually (2000 dollars) to the City at build out, based on the recommended development program. 18 EUC Recommended Development Program Leland Consulting Group e e e APPENDIX A Eve Recommended Development Program Leland Consulting Group 19 eay Ranch Policy Implementation Assessment Item No. 1 2 3 4 5 No. 17 18 19 20 21 22 23 24 25 26 e CA TEGORY: LAND USES POLICIES mu 1- ami y 19 ens I reSI en a um UI -ou popu a on 0 approXlma e y , e910na S oppmg com p ex u - se U fa aell me U Ing CIVIC a theaters and museums eglona urpose ael I es Big 0 00 Sf us mess Sf ISlor ommerc18 '9 81 ransl on emen ry C 00 ammum a r an pen pace orn or en ra I rary IVle en rs or a e Dusmg n e ammen ay Ig o our ese 0 I ms were ongma yene. **This category added. CA TEGORY: EUC Character Policies e c rae ef 0 e sue gUI eye following elements: Location at high point in the Ota Valley Parcel; 360 degree views to Point Lorn a and the m cuntains e c arae roe S ou e gUI eye following elem ents: Synergism with adjacent villages. especially Village Ten Dca on a ong 19 ral ransl cca CIVIC an reglona purpose aell es In accordance with the siting criterion in the Facili Implementation Plan. The Amount and size will be determ ined at the SPA level. e oor area ra 0 s a perml mu I-S orle buildings, high-rise buildings and parking structures. The exact ratio will be established at the SPA level. oca ess In nse an uses aroun e e ges 0 e EUC and utilize landscaped buffers of varying widths to create a transition to surrounding villages. n gra commerCia an resl en a uses 0 suppo a 24-hour environment. rea a reglona sopping comp ex cuse on major shopping activities. roVl e or an array 0 servlces suc as InanCla, medical. and research-oriented facilities in office areas. oca e ea rs an museums In prom men oca ons, to broaden the appeal of the EUC as a viable regional hub of cultural activity. nem No. 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 CA TEGORY:EUC Urban Design Policies nan UI lOgs 0 crea a con muous acta e pedestrian spaces. Define the pedestrian areas to provide a continuous pedestrian experience. mp aSlze an ur an s ee scene y oca ng buildings at the sidewalk edge, except where creating pedestrian oriented spaces such as patios, plazas, malls and squares. UI lOgs on ng on s ee or pe es Ian spaces should contain uses that support pedestrian activities such as dining, retail sites and entertainment, and cultural experiences. n IVI ua Ul lOgS or UI 109 cus ers s ou incorporate elements of art which can be viewed and experienced from adjacent public space. o crea e VI I an exel em en , ac Viles s ou ow out from buildings onto public spaces (I.e. sidewalk cafes, street vendors, sidewalk entertainment). Ul lOgs S ou Incorpora e eSlgn a ures W IC complement a pedestrian scale, such as horizontal components, overhangs, fac;ade detail, display areas, and pedestrian seating. UI lOgs s ou e I I an u an c ara er roug the use of appropriate materials, textures, and scale. e sca e 0 prom men Ul lOgS S ou e genera mid-rise, up to 15 stories. UI lOgS s ou ISp ay qua lies a are characteristic of landmark architecture. IIZ8 s ee amem es, suc as en ance s ee paving, bollards and street furnishings, to establish identity. s IS View corn ors w IC cus on an connec key visual landmarks. romlOen yare major ac Viles no es suc as transit stations, civic building and urban parks. arylO9, u comp emen ary, an uses s au e integrated to provide a mixed-use environment. strong pedestrian connection should be created between uses. ncourage a ml re 0 an uses pa cu ary were structures front a pedestrian plaza or urban park. vane 0 uses, Inc u 109 resl en a, s au e incorporated within a single structure where feasible. e clrcu a on sys em s au minimize con IC WI the pedestrian system. EUC Recommended Development Program Leland Consulting Group 20 4ttay Ranch: Policy Implementation Assessment (Cont.) e ~em No. 43 44 45 46 47 CA TEGORY: Paries and Open Space Policies 061g 0 00 par may e cons c con guaus or separa e m e community park. Incorporale a pedestrian open space^rail corridor (average 200 feel wide) across the EUC which connects to Wolf Can}Qn and Sail Creek. This corridor will creale a strong eastlwesl open space s~lem and reflect differing characteristics as i moves through Olay Ranch. This corridor will be further defined by the overall Ranch Design Plan. The average width of the open space^rail corridor shall be calculated trom one edge of the ..Wage to the other. Pro.,.;de a network. of pedestrian spaces, pla22s, malls, promenades, and squares to crate a pedestrian oriented en'o1ronment Individual building and building clusters should integrate pedestrian plazas with the overall pedestrian s~tem. Pedestrian plazas should incorporate fountains or artistic features as a visual focus. CA TEGORY: Other Eastern Urban Center Policies 19 -0 ~way or a ansl Ins an nSI 5 p 5 Ion WI In e an reews Commercial hea shall be resen.ed al the SPA level and irre\Ocably offered for 46 dedication althe Tentative Map Level. 49 50 51 52 CA TEGORY: Freeway Commercial Policies IS ca gory IOC u as reglona uses W Ie require an au mo I e onen on nea regional transportation s~tems. Expected uses include thoroughfare commercial, visitor commercial and regionally oriented retail commercial. e eeway-onen e commercia area 5 a me u e uses suc as: an au cen er, membership commercial, wholesale or outlet uses and other uses which require directfreewaye>eposure and serve a regional market ew op a slgnage an eserve a pa -an -n e a Road and SR.125. e eve. e no eas In erse on 0 Ire EUC Recommended Development Program Leland Consulting Group 21 e e e APPENDIX B EUC Recommended Development Program Leland Consulting Group 22 e e ...~ o " g5 .I!J ~ ,"" " .... ~g. o - U ~ ~Q := ~'g " ~c ;;;. .C ~~ ....c U 00 '" s <- '" 00 00 '" '" '" '" 00 06 00 00 ---'- 00 N " <- <- <- . C " t: .- .Q " . ~ :5 .. ~ <( ~ ~ i;; "0 -" " " P- ~ 0 ~ u Q " "" ""@ '0 ...J " C ~ "- "0 . .c " ~ C .5 .;; 0 "" ~ " 0 . u "- ~ .5 "- 0 " en >- en "" e . c P- .. C .- ...J ~ 8 .,., "- 8 .. of .;; 8 * c c ~ c <- "- c 0 ~ " * .~ '5 '" 0 * .Q .0 ~ " 8- > " .c <$ .c "" .c OJ ..g 0 -" " .!p en ~ .!p .g Jj :c * .. 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II 3: III ::J III 10 lD 3 lD ::J ... . e e e .,,, McMillin Team Cinti Land Planning 2932 Poinsettia Drive San Diego, CA 92106 Gary Cinti (619) 223-7408 gcinti(a),oacbell.net McMillin Companies 2727 Hoover Avenue National City, CA 91950 (619) 477-4117 Ken Baumgartner (619) 336-3734 kbaumgartner(a),mcmillin.com Craig Fukuyama (619) 336-3733 cfukuvama(a),mcmillin.com Bob Pletcher (619) 336-3762 boletcher(a),mcmillin.com Leland Consulting Group 325 Northwest 22nd Portland, OR 97210 Dave Leland (503) 222-1600 del(a),1 elandconsulting.com The London Group 12770 High Bluff Dr., #360 San Diego, CA 92130 Gary London (858) 793-0048 glondon(a),londongrouo.com