On John Deere Commons | Moline, Illinois
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QUAD CITIES MULTI-MODAL STATION ON JOHN DEERE COMMONS | MOLINE, ILLINOIS A TRANSIT-ENHANCED DEVELOPMENT OPPORTUNITY ON THE MISSISSIPPI RIVER THAT ANCHORS BOTH A REGION AND A HISTORIC DOWNTOWN 4 QUAD CITIES MULTI-MODAL STATION | MOLINE, ILLINOIS CONTENTS INTRODUCTION AND OVERVIEW Section 01 07 PROJECT GOALS AND OBJECTIVES Section 02 09 MARKET ASSESSMENT AND OPPORTUNITIES Section 03 15 PUBLIC-PRIVATE PARTNERSHIP SECTION 2: TECHNICAL REPORT Section 04 21 TRANSIT/MULTI-MODAL OBJECTIVES AND DESCRIPTION Section 05 25 THE O’ROURKE BUILDING BASICS Section 06 27 FIRST FLOOR DEVELOPMENT PROGRAM: THE O’ROURKE BUILDING Section 07 29 O’ROURKE SITE DEVELOPMENT OPPORTUNITIES Section 08 47 SUSTAINABLE DEVELOPMENT GOALS Section 09 55 HISTORIC INCENTIVES AND RELATED ISSUES Section 10 59 ADDITIONAL DEVELOPMENT OPPORTUNITIES: A PUBLIC PERSPECTIVE Section 11 61 CRITICAL PATHS AND TIMELINES 62 PROJECT TEAM LIST 63 APPENDIX QUAD CITIES MULTI-MODAL STATION | MOLINE, ILLINOIS 5 INTRODUCTION AND OVERVIEW This document is designed to be a “development opportunity and controls guide” (“Guide” or “Guidebook”) for an immediate real estate development opportunity in Downtown Moline, Illinois. It is to be used in conjunction with the solicitation of State- ment of Qualifications (“SOQ”) of Developers to be issued by the City of Moline, in collaboration with the Rock Island County Mass Transit District (MetroLINK), anticipated in January, 2012. On January 30, 2010, State of Illinois Governor Quinn committed $45 million in State Capital funding that was linked to the an- nouncement of $170 million in Federal High Speed Rail money to implement passenger rail service from Chicago to the Quad Cities. After careful consideration, it was decided that the station serving the Quad Cities metropolitan region would be located in Downtown Moline, Illinois. This decision allows the City of Moline to achieve its 20 year old goal of having a true intermodal station within its Downtown. Through careful long-range planning and thoughtful economic development strategies, the com- munity has reinvigorated its riverfront and downtown, capitalizing on a strong base of tourism, education, and corporate business. The Multi-Modal Station (“MMS”) — and the 65,000 sf site of which it is a part — is intended to be a catalytic project representing a significant reinvestment in downtown Moline to spur additional private investment in the surrounding area. In 2011, over $16 million was allocated to make the Multi-Modal Station a reality, including $10 million of federal TIGER II funds. As part of the initiative to build a multi-modal station, MetroLINK and the City of Moline wish to engage in a public-private partnership to add transit oriented development to the project site. The public partners intend to provide development rights for (i) the rehabilitation of a six story historic structure, one that will include a planned passenger rail station on its first floor, as well as for (ii) undeveloped parts of this site on which the station is planned. It is anticipated that the developer selected for this project will have the opportunity to work in tandem with the construction of the multi-modal station so as to seamlessly integrate public and private components. This development opportunity offers both the opportunity to capitalize on market opportunities generated from a true multi-modal facility that integrates rail, bus and river transportation, as well as from connectivity to the burgeoning district of Downtown Moline, an area that is expected to see hundreds of millions in new investment over the next half decade. 6 QUAD CITIES MULTI-MODAL STATION | MOLINE, ILLINOIS PROJECT GOALS AND OBJECTIVES01 The Quad Cities Multi-Modal Station (MMS) site, located at the northeast corner of 12th Street and 4th Avenue (1205-1311 4th Avenue), is the designated location for new passenger rail service to a community that has gone without such service for over 30 years. The 65,000 sf site is currently improved with a six-story warehouse, built in 1917 and known as the O’Rourke Build- ing (“O’Rourke”); it also has a former automotive shop on it. The entire site is the subject of this Report (“Site”). As part of the initiative to restore passenger rail service to the Quad Cities area, the O’Rourke will be renovated, with portions of its first floor reserved for transportation purposes and the balance of the building available for private development. The development op- tions described in Section VII allow for a total GFA (including the O’Rourke) of up to approximately 165,000 square feet (sf). AERIAL VIEW OF THE QUAD CITIES MULTI-MODAL STATION SITE. QUAD CITIES MULTI-MODAL STATION | MOLINE, ILLINOIS 7 01 PROJECT GOALS AND OBJECTIVES The future Quad Cities Multi-Modal Station is a pivotal project for the City of Moline, both in terms of its physical location as well as its economic potential. The project has the opportunity to draw on a mix of supporting districts, serving as a “missing link” that can unify much of the western end of Downtown Moline, from Riverfront to Main Street Retail on 5th Avenue to the West Gateway District. The O’Rourke Building and site showcase much of what has made Moline so successful – a community that has gracefully learned how to preserve its past while also evolving into a community with a global reach through its corporate and military activities. The development team selected for this project will be expected to craft a strategy and solution for this site that addresses and leverages the prominent components of this site. The goals of this report are as follows: 1. Synthesize years of work by many stakeholders into a defined set of development guidelines and an organizational structure, which, if followed, should provide a predictable road map for the selected developer. 2. Reveal the strength, stability and opportunity of an under-stated market with a unique site at its center. 3. Attract developers who represent “best practices” in transit-oriented development (or other highly related public-private partnership work) and who can be energized, not daunted, by the Site and its potential. 4. Provide development guidelines and conceptual options for the MMS and Site – from density and massing to possible uses – that are consistent with the goals of the community, its local leadership, and other stakeholders at the federal and state levels. MetroLINK and the City of Moline wish to make it as easy as possible for developers with the appropriate experience to do their best work – concentrating on the best development outcome, rather than spending their efforts in trying to understand and then navigate the many areas of public oversight (federal, state, and local, transit, environmental, and historic, etc.) Many people, over many years, in a wide range of contexts have worked to make the Quad Cities Multi-Modal Station a real- ity. This document and the SOQ that it accompanies are the beginning of a process that allows those stakeholders to “pass the baton” to a new team member that will get the entire team over the goal line. The prize is a successful mixed-use development that will begin to provide passenger rail service to a bustling community in 2014. 8 QUAD CITIES MULTI-MODAL STATION | MOLINE, ILLINOIS MARKET ASSESSMENT AND02 OPPORTUNITIES COMMUNITY Moline, with a population of almost 46,000 in 2010, is located within the 380,000 person metropolitan area (per 2010 Census) known as the Quad Cities (or “QC”). The Quad Cities area spans Davenport and Bettendorf within Iowa, and Moline, East Moline and Rock Island in Illinois, with the two states separated by the Mississippi River. The Quad Cities are approximately a 3-hour (165-mile) drive from Chicago; 173 miles from Des Moines, Iowa, 260 miles from St. Louis; and 93 miles from the 379,000 person Peoria MSA. Moline is easily reached via a highly developed interstate and highway system or by air via the Quad Cities International Airport, located approximately 5 miles from the downtown. 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