Master Plan Update

July 25, 2013

The Guiding Principles for ’s Future

• Preserve the place • Tell the stories • Achieve economic independence Master Plan Concepts

• No land use changes proposed for Inner Fort

• Preservation of views and green space in new Waterfront Park

• Adaptive reuse of buildings in the Historic Village

• 7-mile educational and exercise trail

• Improved vehicular patterns & pedestrian circulation Economic Realities of the Master Plan Tell Us…

• Fort Monroe is a long-term project; the Master Plan has to be flexible • Large users like STEAM Academy bring name recognition and reduce expenses • Economic realities suggest demand for office and commercial space is weak • Market conditions & physical location indicate Fort Monroe future should focus primarily towards residential use • Focus on phasing and implementation within the community (existing structures are highest priority) • Army transfer delays will continue to affect implementation of the Master Plan Recap: The Financial Challenge

• None of the Master Plan options resulted in a financially sustainable future • Fort Monroe’s potential “structural deficit”: 2027 Option A: Reuse and Infill - $4.5 Option B: Wherry Park - $4.8 Option C: Waterfront Community - $3.3

Concepts to Explore to Bridge the Financial Gap 1. Exit the utility business 2. Find additional sources of revenue a. Tax independent financing b. Homeowner association dues c. Transfer PILOT fee to property owners d. Parking revenue program e. Service district charge 3. Focus on residential development but maintain flexible real estate strategy 4. Cost recovery from NPS 5. Hold Wherry Quarter to avoid market saturation & increase value Findings and Observations

• Focus on a long-term infrastructure CIP and/or operations financing plan • Rebalance mix of uses to focus on residential • Preserve revenue-generating uses and redevelop when opportunity arises to increase net revenue • Decisions need to be made as part of Master Plan process to enable FMA to plan its staffing needs and implement a robust real estate program • Explore a “skinny FMA” by maximizing sales with minimum inventory retained as rental PHASE Immediate Opportunities 1 (0-5 years)

• Inner Fort (National Monument) • Preservation Achieved with NPS Ownership NPS and Easement • Museum on track for transfer to FMA (attendance exceeds previous years) • Houses being leased • MOU with STEAM Academy ENTRY GATE WHERRY • to remain with Army until QUARTER environmental evaluation is completed TOP OF MOAT & RECREATION MOAT • Glacis preserved on northeast green slope EQUIPMENT NORTH AVAILABLE TO GATE GLACIS • Chapel of hosts two PUBLIC PRESERVED

congregations STEAM ACADEMY HISTORIC VILLAGE

INNER NPS OWNERSHIP FORT

CASEMATE MUSEUM TO FMA NPS EASEMENT PHASE Historic Village 2 (0-10 years) • Historic tax credits encourage acquisition and adaptive reuse of historic buildings NPS • Allow mix of uses to create community friendly development (i.e. home ownership, coffee shop, restaurants, specialty retail, etc.) • Redesign McNair Drive to include on-street EXPLORE MARKETABILITY OF LARGE BUILDINGS FOR parking, expanded pedestrian sidewalk and 7-mile ADAPTIVE REUSE waterfront recreation trail ENTRY • Implement Phase 1 of Waterfront Park GATE SELL HOMES Gazebo, landscape & lighting WITH o EXPAND WHERRY HISTORIC QUARTER o New bathrooms MARINA EASEMENTS Outlook beach access o INGALLS • ROAD IMPROVE Expand events at Continental Park HISTORIC NORTH PARKING ACQUIRE VILLAGE GATE • Work with legislature to evaluate high speed ferry MARINA destination point at Point Comfort (PRIVATIZE) • Continue to lease houses and apartments

CONNECT INNER • Work with St. Mary’s Church for continued use MARINA FORT WITH EVALUATE • Acquire ownership of marina and adjoining HISTORIC TRADOC VILLAGE (RES. OR property from Army OFFICE) WATERFRONT PARK - • Resolve environmental carve out properties with PHASE 1 RESTAURANT Army RETAIL SITE POTENTIAL HIGH SPEED FERRY DESTINATION PHASE North Gate 3 (0-15 years) • Acquire unresolved Army property to

complete ownership of North Gate NPS • Identify a transition zone between Historic Village and new development sites Use existing multi-family residential and o GREEN EDGE (PART OF municipal buildings for transition to new 7-MILE WATERFRONT development site RECREATIONAL TRAIL • North Gate is an opportunity for new ENTRY TRANSITION development that: GATE ZONE WHERRY QUARTER o Supports preserving Fort Monroe and telling the stories

Complies with the historic preservation NORTH o GATE design standards and the Programmatic Agreement

HISTORIC • Improve access to Mill Creek VILLAGE

INNER • Create living shoreline on Mill Creek FORT NEW DEVELOPMENT • Construct Stillwell Road section of 7 mile THAT RESPECTS VIEWS TO THE trail WATER, INNER FORT, & HISTORIC ROAD ALIGNMENT PHASE Wherry Quarter 4 (0-20 years) • Create and implement strong green

connections that link the NPS to the Inner NPS Fort and Mill Creek to Waterfront Park • Future development opportunities should be considered and financially valued (with revenue from HOA fees) • Maintain a public space buffer along Bay but preserve development opportunity along ENTRY REUSE EXISTING Fenwick Road GATE TWO STRONG BUILDINGS WHERRY GREEN • Green areas within Wherry should be used QUARTER CONNECTIONS

for active/passive recreation (i.e. beach IMPROVE BEACH access, sports fields, bathhouses, picnic NORTH GATE ACCESS shelters, etc.) VIEWS • Continue to lease existing building to HISTORIC generate revenue for Fort Monroe VILLAGE

INNER • Resolve environmental carve out area with FORT COMPLETE PHASE 2 OF Army WATERFRONT PARK • Preserve view from Fort to Bay and Bay to Fort FORT MONROE MASTER PLAN AMENITIES

EXPANDED BEACHES

7-MILE TRAIL

MARINA

WATERFRONT PARK FORT MONROE CONNECTIVITY

DOWNTOWN HAMPTON

PEDESTRIAN, VEHICULAR, BICYCLE

PHOEBUS Connect our communities Preserve our architecture Tell our stories Memorialize our past Preserve access to our waterfront DRAFT 2013 FORT MONROE MASTER PLAN DRAFT 2013 FORT MONROE MASTER PLAN

• Preserve the place • Tell the stories • Achieve economic independence Next Steps

• Prepare Final Master Plan for presentation to: - Planning Advisory Group – September 26 - Finance Committee – October 10 - Board – October 24 - Governor – December 31, 2013