Staff Presentation October 1, 2013 Meeting Agenda
Total Page:16
File Type:pdf, Size:1020Kb
Adhoc Planning Commission Committee Review of the Virginia Square Sector Plan Virginia Square Site Staff Presentation October 1, 2013 Meeting Agenda • Introductions • Analysis of Office Uses in Virginia Square • Arts/Cultural Facilities in Virginia Square • Discussion of Transportation Concerns • Draft Matrix of Sector Plan Guidance • Discussion & Next steps Analysis of Office Use on Virginia Square Site • Determination that Virginia Square Site is not a critical office location • From a market perspective, Virginia Square neighborhood not a primary office cluster • Residential/mixed-use character • Large institutional presence • In between two existing/emerging primary office clusters – Ballston and Clarendon/Courthouse Analysis of Office Use on Virginia Square Site Analysis of Office Use on Virginia Square Site Analysis of Office Use on Virginia Square Site • Determination that Virginia Square Site is not a critical office location • Sufficient site capacity exists to support future expansion of primary demand driver – large institutions Analysis of Office Use on Virginia Square Site • Determination that Virginia Square Site is not a critical office location • Sector plan use guidance for this site driven in some part by assumption that office use more compatible with potential theater/cultural use • Significant cultural facility that would benefit from office use above accomplished at 3901 N Fairfax • Building form of office building would limit ability to meet other sector plan goals, as compared to a residential building • Plaza size and connectivity • Affordable housing Consideration of Office Use on Virginia Square Site Did Not Consider Short- Term Market Conditions Projections based on known vacancies and deliveries. Source: AED; CoStar Impact of Longer Term Trends for Office Market Demand • Changing Nature of Federal Presence • Off Shoring • Changing Nature of How We Work • Teleworking, Hoteling, Etc. • Reduced Footprint of the Office Worker • Impact of the Silver Line • Increased Office Market Competitiveness • Increased Demand for Urban, Transit-Oriented Residential Development Summary for Virginia Square (1/1/03 – 7/1/13) Development Summary for Virginia Square Office Retail Other Residential Hotel (GFA) (GFA) (GFA) (Units) (Rooms) Completions (1/1/2003 –7/1/2013) 803,054 66,111 165,807 881 85 Demolitions (1/1/2003 - 7/1/2013) 29,428 21,252 11,000 66 0 Net Increase (1/1/2003 - 7/1/2013) 773,626 44,859 154,807 815 85 Net Increase by Land Use (%) 40.1% 2.3% 8.0% 46.5% 3.1% Under Construction (as of 7/1/2013) 0 12,815 0 535 0 Approved (as of 7/1/2013) 311,176 14,200 63,985 0 0 Net Increase + Under Construction + Approved 1,084,802 71,874 218,792 1,350 85 Net Increase + Under Construction + Approved by Land Use (%) 37.2% 2.4% 7.5% 50.8% 2.0% Virginia Square Sites with Remaining Office Capacity Development Activity Summary for Virginia Square Summary of Development Activity for Virginia Square Table Residential Number Office (SF) Retail (SF) Other (SF) (Units) Hotel (Rooms) Completions (1/1/2003 - 7/1/2013) Table 1 803,054 66,111 165,807 881 85 Demolitions (1/1/2003 - 7/1/2013) Table 2 29,428 21,252 11,000 66 0 Net Increase (1/1/2003 - 7/1/2013) 773,626 44,859 154,807 815 85 Under Construction 0 12,815 0 535 0 Table 3 Net Under Construction 0 12,815 0 535 0 Approvals 311,176 14,200 195,985 0 0 Table 4 Net Approvals 311,176 14,200 63,985 0 0 Net Increase (1/1/2003 - 7/1/2013) + Net Under 1,084,802 71,874 218,792 1,350 85 Construction + Net Approvals Office sites with redevelopment potential* 868,040 Not Calculated Not Calculated Not Calculated Not Calculated Demolitions from that scenario 220,805 46,524 0 1 44 Net Increase in office site redevelopment scenario 647,235 -46,524 0 -1 -44 Net Increase (1/1/2003 - 7/1/2013) + Net Under Construction + Net Approvals + Net Remaining 1,732,037 - - - - Office Capacity Scenario Virginia Square Arts/Cultural Facilities Transportation r:l;l System o- ... -Cilonrnoni .. S....,.C:..... li!i!..... ..,... o-... .... -c.-... - --p ....... b!dd Map Legend o-t.b·A·-~ .. .._-c.rw m- Qar-t.b·--.. - 5f..,... YL Y.._Une · ~tafortT~ - .... RAn O....Oontbl.N .,.,_.., ... ..,~,...,- -Clloo>'ji'CJ - ....... P_ ......... .....,.........Mon·Thu -Fri ---............Sat ,.,...,....,.,.Sun ... .. -.. - N ~~- o- p b.Metro Is accessible. 0 YL 0 725,770 avg. weekday boardings (May 2013) The Metro system’s core is the destination or transfer point for 80 per cent of all rail riders system-wide. Crowded conditions during peak periods exist currently. Source: Momentum: The Next Generation of Metro, Strategic Plan 2013—2025. WMATA, January 2013. Average daily boardings, Virginia Square Metro station, 1980—2013 4500 4000 3500 3000 2500 2000 Series1 1500 1000 500 0 Source: WMATA ridership data, prepared by Crystal Reports, revised 6/2013 Virginia Square Metro station in context Average weekday boardings at Virginia Square for May 2013: 3,695 Rank: 71st of 86 stations Average weekday boardings, Metrorail system, May 2013: 725,770 Average weekday boardings, Arlington stations, May 2013 Pentagon 16,324 Rosslyn 15,632 Pentagon City 15,589 Crystal City 12,594 Ballston 11,590 Court House 7,690 National Airport 6,561 Clarendon 4,829 East Falls Church 4,108 Virginia Square 3,695 Arlington Cemetery 1,768 Rank for Arlington: 10th of 11 stations Source: WMATA ridership data, prepared by Crystal Reports, revised 6/2013 Metro at Virginia Square: Morning entries Morning peak entries: 1723 Direction: West on orange line: 2.6% Maryland: 3.0% Arlington east and south: 12.6% Alexandria and south: 2.0% Washington: 79.5% Principal destinations: Farragut West: 301 Foggy Bottom: 187 McPherson Square: 185 Metro Center: 145 Rosslyn: 103 Union Station: 94 Six stations account for 60% of morning riders. Source: PlanIt Metro, May 2012 data released by WMATA on October 31, 2012 Metro at Virginia Square: Morning exits Morning peak exits: 784 Direction: From west on orange line: 23.4% From Maryland: 25.0% From Arlington east and south: 13.4% From Alexandria and south: 6.4% From Washington: 31.3% Principal origins: Vienna: 86 West Falls Church: 57 New Carrollton: 37 Rosslyn: 35 Union Station: 34 Foggy Bottom 24 Six stations account for 35% of morning riders exiting at Virginia Square. Source: PlanIt Metro, May 2012 data released by WMATA on October 31, 2012 Metro Station Balance: AM Peak Showing station balance during the AM Peak period (May 2012) Shady Grove ~ En tering passengers {)Exiting passengers Re~gt~n Nat' I Airport Braddock Road Eisen I" ower Ave Huntington f ranconla·Sprlngfl eld Source: Greater Greater Washington, November 29, 2012, based upon WMATA ridership data for May 2012 Most balanced stations, morning peak Metro station balance: AM Peak Rank Station Entries Exits Balance 1 Bethesda 3,278 3,269 1.003 2 Pentagon 6,479 6,954 1.07 3 Brookland 2,075 1,914 1.08 4 King Street 2,986 2,712 1.10 5 Mt Vernon Square 1,157 1,323 1.14 6 Crystal City 4,105 4,912 1.20 7 Tenleytown 1,849 2,218 1.20 8 Ballston 4,441 3,656 1.21 9 Union Station 9,712 12,030 1.24 10 Waterfront 1,334 1,015 1.31 (N. B. To acquire balance ratio, divide the larger number by the smaller number.) Source: Greater Greater Washington, November 29, 2012, based upon WMATA ridership data for May 2012 Least balanced stations, morning peak Metro station balance: AM Peak Rank Station Entries Exits Balance 77 Vienna 9,614 768 12.5 78 Branch Avenue 4,828 380 12.7 79 Huntington 6,298 486 13.0 80 Judiciary Square 486 6,515 13.4 81 Farragut North 1,232 16,754 13.6 82 Archives 391 5,596 14.3 83 Arlington 20 303 14.9 Cemetery 84 Glenmont 4,280 236 18.1 85 Smithsonian 323 5,938 18.4 86 Federal Triangle 210 6,617 31.5 System average, morning peak: 5.8 Virginia Square 1723 784 2.2 Source: Greater Greater Washington, November 29, 2012, based upon WMATA ridership data for May 2012 1.1 Goals and Standards The objectives of WMATA's joint development program are to: 1. Promote Transit-Oriented Development (TOD) by giving priority to joint development proposals that contain the following smart growth development principles: reduce automobile dependency; increase pedestrian/bicycle originated transit trips; foster safe station areas; enhance surrounding area connections to transit stations, including bus access; follow good land use principles, including establishing density near transit; provide mixed-use development, including housing in compliance with local laws and requirements; and the promote opportunity to obtain goods and services near transit stations and offer active public spaces. 2. Attract new riders to the transit system-particularly riders who will use underutilized transit capacity in outbound directions and in off-peak time periods by fostering commercial and residential development projects on WMATA-owned or controlled land and on private properties adjacent to Metro stations. 3. Where appropriate to station setting, market dynamics, and local policy, support the establishment of employment centers consistent with TOD design principles and transit system operating and investment needs. Source: Joint Development Policies and Guidelines, Washington Metropolitan Area Transit Authority, Office of Property Development & Management, Revised: July 25, 2013 Metro “K” line station, platform design Source: WMATA (1977) Ballston Virginia Square Station length: 600’ Station length: 600’ Platform width: 13’ 5-3/8” Platform width: 13’ 5-3/8” Clarendon Farragut West Station length: 600’ Station length: 600’ Platform width: 13’ 5-3/8” Platform width: 13’ 5-3/8” Source: WMATA Metro “K” line station, mezzanine layout Source: WMATA (N.D.) Ballston Virginia Square Nine fare gates Six fare gates Clarendon Farragut West Four fare gates 18+ fare gates Average weekday boardings, May 2013.