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TRANSIT-ORIENTED DEVELOPMENT: Lindbergh Center Station TOD Phase II Master Plan

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TRANSIT-ORIENTED DEVELOPMENT: Lindbergh Center Station TOD Phase II Master Plan Task Order Number 2014-REVA-2: Real Estate Advisory Services Contract No. P27818 TRANSIT-ORIENTED DEVELOPMENT: Lindbergh Center Station TOD Phase II Master Plan Technical Memorandum Prepared for: Metropolitan Atlanta Rapid Transit Authority Prepared by: AECOM Atlanta, GA With: Bleakly Advisory Group, Inc. Contente Consulting, Inc. October 2015 Lindbergh Center Station, Phase II TOD Master Plan Table of Contents 1.0 Introduction and Executive Summary ..................................................................................... 1-1 1.1 Introduction ............................................................................................................................ 1-1 1.1.1 Project Background .................................................................................................... 1-1 1.1.2 Project Description and Location ................................................................................ 1-1 1.1.3 Purpose of this Master Plan ....................................................................................... 1-3 1.2 Executive Summary ............................................................................................................... 1-5 2.0 Market Analysis .......................................................................................................................... 2-1 2.1 Introduction ............................................................................................................................ 2-1 2.2 Market Area Summary ........................................................................................................... 2-1 2.3 Future Real Estate Market Demand Analysis ....................................................................... 2-5 3.0 Parking Analysis ........................................................................................................................ 3-1 3.1 Introduction ............................................................................................................................ 3-1 3.2 Existing Conditions ................................................................................................................ 3-2 3.3 Potential Joint Development and Associated Parking .......................................................... 3-3 3.4 Reallocation of Surplus Office and Retail Spaces ................................................................. 3-5 3.5 MARTA’s Park-and-Ride Capacity ........................................................................................ 3-5 3.6 Conclusions ........................................................................................................................... 3-8 4.0 The North Block and Core Block.............................................................................................. 4-1 4.1 Introduction ............................................................................................................................ 4-1 4.2 The North Block ..................................................................................................................... 4-3 4.2.1 North Block Concept A ............................................................................................... 4-3 4.2.2 North Block Concept B ............................................................................................... 4-5 4.3 The Core Block ...................................................................................................................... 4-7 4.3.1 Core Block Concept A ................................................................................................ 4-8 4.3.2 Core Block Concept B .............................................................................................. 4-10 5.0 The Station Blocks and the MARTA Annex ............................................................................ 5-1 5.1 Introduction ............................................................................................................................ 5-1 5.2 The Station Blocks ................................................................................................................. 5-1 5.3 The MARTA Annex ................................................................................................................ 5-6 6.0 The Larger Context .................................................................................................................... 6-1 6.1 The Piedmont Road Corridor ................................................................................................. 6-1 6.2 The Extended Station Area ................................................................................................... 6-3 6.3 A One-Mile Radius ................................................................................................................. 6-5 7.0 Implementation Strategy ........................................................................................................... 7-1 7.1 Introduction ............................................................................................................................ 7-1 7.2 Parking ................................................................................................................................... 7-2 7.3 A Joint Development Strategy ............................................................................................... 7-3 7.4 Implementation Funding: Infrastructure and Affordable Housing ......................................... 7-8 Lindbergh Center Station TOD i October 2015 Lindbergh Center Station, Phase II TOD Master Plan List of Figures Figure 1-1: The MARTA TOD Area .......................................................................................................... 1-2 Figure 1-2: Extended Station Area and One-Mile Radius ....................................................................... 1-3 Figure 1-3: North Block, Concept A .......................................................................................................... 1-7 Figure 1-4: North Block, Concept B .......................................................................................................... 1-8 Figure 1-5: Core Block, Concept A ........................................................................................................... 1-9 Figure 1-6: Core Block, Concept B .........................................................................................................1-10 Figure 1-7: Station Blocks, Concept A ...................................................................................................1-11 Figure 1-8: Station Blocks, Concept B ...................................................................................................1-12 Figure 1-9: Piedmont Road Corridor, Land Use and Intersections .......................................................1-13 Figure 1-10: Extended Station Area Land Use ......................................................................................1-14 Figure 2-1: Lindbergh Center Market Area .............................................................................................. 2-2 Figure 2-2: Employment by Sector (Bureau of Labor Statistics) ............................................................. 2-4 Figure 3-1: Lindbergh Center Parking Facilities ...................................................................................... 3-1 Figure 4-1: MARTA and Privately Owned Properties North of Morosgo Drive ...................................... 4-1 Figure 4-2: North Block Concept A ........................................................................................................... 4-4 Figure 4-3: North Block Concept B ........................................................................................................... 4-6 Figure 4-4: Core Block Concept A ............................................................................................................ 4-9 Figure 4-5: Core Block Concept B ..........................................................................................................4-11 Figure 5-1: Station Blocks and Adjacencies, Existing Conditions ........................................................... 5-2 Figure 5-2: Proposed Clifton Corridor Station .......................................................................................... 5-4 Figure 5-3: Station Blocks, Concept A ..................................................................................................... 5-5 Figure 5-4: Station Blocks, Concept B ..................................................................................................... 5-6 Figure 5-5: MARTA Annex Future Development Opportunity................................................................. 5-8 Figure 6-1: Piedmont Road Corridor, Land Use and Intersections ......................................................... 6-2 Figure 6-2: Extended Station Area Land Use .......................................................................................... 6-4 Figure 6-3: Lindbergh Center Station area, One-Mile Context ............................................................... 6-6 Figure 6-4: Clifton Corridor, Lindbergh Center Alignment ....................................................................... 6-7 Figure 6-5: Atlanta BeltLine, Potential Lindbergh Center Alignments .................................................... 6-8 Figure 6-6: Lindbergh Center Station, Transit and Trails Context ........................................................6-10
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