Briefing: Trinity River Corridor Local Government Corporation

Oct. 30, 2020

1 Agenda

Introduction & Context

Harold Simmons Park Planning & Design

Harold Simmons Park Funding & Financing

Next Steps

2 INTRODUCTION & CONTEXT

3 Vision

Championing a Trinity River that forever deepens our connection to one another and nature. Mission

The Trinity Park Conservancy champions the transformation of the Trinity River to become the heart of Dallas. With the community, we will design public spaces that unite us, enrich people’s lives through access to nature, create economic development opportunities, and inspire protection for the river ecosystems in this shared natural treasure. Purpose

Fulfilling the promise of the Trinity River as the natural gathering place for Dallas.

4 Conservancy Board of Directors

• Deedie Rose, Chair • Darren James • Garrett Boone, Vice Chair • Roy Lopez • Jack Matthews, Secretary/Treasurer • Nancy Cain Marcus • Nicole Acosta • Patsy Woods Martin • Tynesia Boyea-Robinson • Joe May • Laura Bush • Bob Meckfessel • Joe Crafton • Jeanne Johnson Phillips • Mary Ann Cree • Carolyn Rathjen • Rebecca Fletcher • Byron Sanders • Don Glendenning • Emily Summers • Ginger Hardage • Clyde Valentin • Marguerite Hoffman • Robert Witte

5 Conservancy Team

• Walter Elcock, Interim CEO & President • Sarah Fletcher, Chief Financial Officer • Caroline Law, Chief Advancement Officer • Trena Lechleitner, Executive Assistant • Marcus Shropshire, Director of Capital Projects • Elissa Izmailyan, Senior Director of Community & Economic Development • Maria May, Senior Director of Communications & Marketing • Jeamy Molina, Director of Communications & Engagement • Lindsay Abernethy, Development Director • Kathryn Trainor, Volunteer Coordinator • Elizabeth Jones, Marketing & Communications Coordinator • Alexis Puente, Community Engagement Associate • Tracy Rollins, Development Associate • John Devine, Design & Policy Associate

Balanced Vision Plan (2003)

8 Harold

Los Altos Simmons La Bajada Park Downtown West Dallas Concept

Western (2015-2017) Heights

Kessler

Oak Cliff Lake Cliff

9 Public-Private Partnership LGC Formation (2017) & TPC Agreement (2018)

TRINITY RIVER TRINITY PARK CITY OF DALLAS CONSERVANCY CITY OF DALLAS Master CORRIDOR LGC CONSERVANCY Development & Development Agreement Land Owner Use Agreement City Subsidiary Comm. Engagement Public Funding Owner’s Private Funding Flood Control Representative Design & Construct Owner of Improvements Improvements Operate & Manage Improvements

10 TPC Key Activities

Planning & Design

Funding & Finance

Development & Construction

Operations, Maintenance & Programming

11 TPC Key Activities (2018-2020)

Planning & Design

Funding & Finance

Development & Construction

Operations, Maintenance & Programming

12 Planning & Design

• Community Engagement • Park Design • Permitting Process, Costing Review, Critical Path Management & Schedule Update* • Economic Impact & Urban Planning/Policy

*Pending FRM end condition plan

13 Finance & Funding

• Capital Campaign • Operations & Maintenance Planning

14 HAROLD SIMMONS PARK PLANNING & DESIGN

15 TPC, LGC and City Communications (Planning & Design)

Reports & Meetings • Monthly Project Management Reports • Monthly City, LGC and TPC Meetings • Quarterly Communications and Engagement Report and Call

TPC Committee Participation • Community Engagement and Inclusive Neighborhoods Committee • Design Advocacy Committee

16 COMMUNITY ENGAGEMENT

17 Community Engagement Progress

• Jan. 2018: Community engagement initiated • Sep.-Oct. 2018: Park Design Community Workshops • Apr. 2019: Community Engagement Reports • 2019: Major public events & continued grassroots outreach • 2020: Small-scale and web-based engagement

18 Community Engagement Approach

We must build public trust and generate interest through strategic initiatives that inform the Park’s design and programming, while leveraging community expertise to develop partnerships that are representative of the goals and needs of communities in the Park’s immediate proximity and beyond.

1. Cultivating relationships with Park stakeholders, especially neighborhood surrounding the Park. 2. Major events to elevate, inform and solicit citywide input on Harold Simmons Park. 3. Collaboration with Park stakeholders to leverage community expertise for Park planning and support complementary community efforts. 4. Park programming to build stewardship and enjoyment of the Park today.

https://trinityparkconservancy.org/journal-posts/equity-and-inclusion-report/ https://trinityparkconservancy.org/journal-posts/community-planning-history/

22 Key Community Priorities

Park Duality Safety

Equitable Access & Community Connectivity Development

23 Current Context

24 Community Events

Virtual Yoga with Yoga N Da Hood

Corporate Week of Service, presented by TXU Energy

25 Community Feedback Loop

Community Listening Sessions

Revised Design (2) & Internal Community Design Team Review Presentation

Update Design Ideas (1) & Community Presentation

26 DESIGN

27 Design Progress

• 2018-Ongoing: Community engagement & City / LGC coordination • 2018-2019: Design team continued project due diligence, analyzing H&H, engineering, costing, operations & maintenance and design elements. • Mar. 2019: Achieved 10% Design for Harold Simmons Park • Continuing to progress design outside of the Floodway

28 Add context here – park in a floodway, program and use

29 30 WORK WITHIN THE BVP & ROD

31 32 33 34 35

TPC-Owned Land

37 What We’ve Heard: West Overlook

• Over the past two years, the Conservancy has engaged with thousands of community members through stakeholder meetings, individual and small group meetings with non-profit leaders, residents, activists and other key stakeholders in citywide. • Community Feedback Includes: – Welcoming Environment – Honoring past and current communities – Connectivity and accessibility – Recreational Needs • Shade coverings • Outdoor seating areas • Swing sets • Picnic areas • Water features • Playgrounds

40 41 Community Needs

Feasibility (site, financial, Park Needs regulatory)

42 PERMITTING, SCHEDULE & COSTING

43 Permitting, Schedule & Costing Progress • 2019-ongoing: Frequent project meetings with LGC and appropriate City of Dallas departments, i.e. Sustainable Development and Dallas Water Utilities. • Mar. 2019: Initial costing estimate at 10% design • Aug. 2019: Existing conditions affected by Flood Risk Management project, shifting permitting schedule, & costing approach. • Additional City/LGC/USACE direction needed to collaboratively finalize Critical Path Management / Schedule, and for Trinity Park Conservancy to undertake Costing Review.

44 Permitting Approach

• Harold Simmons Park is composed of 3 project components (East Overlook, West Overlook, & Floodway) • Each component will be separately permitted and reviewed by required regulatory agencies (may be synchronous).

45 Design & Construction Milestones

35% design

City and regulatory submittals

Groundbreaking

Park opening

46 ECONOMIC IMPACT & URBAN PLANNING/POLICY

47 Economic Impact & Urban Planning / Policy Progress • Jan.-Mar. 2019: Team engagement & initial findings • Mar.-Oct. 2019: Studies Completed • Economic Impact (2019 - LGC briefing Nov. 2019) • Urban Policy - Equitable Development (2019 – LGC briefing Jan. 2020) • Urban Planning - Connectivity & Mobility (2019 – briefing cancelled) • Additional City collaboration needed to refine & implement studies and progress recommendations.

48 Park Economic Impact: $6B+ over the next 30 years.

$3.5B in net new real estate development on vacant / underutilized sites.

Approximately 3M visitors per year will drive $1.1-$2.1B in tourism, recreation, and health savings benefits.

530 new jobs in 2020-2022 and 260+ permanent jobs.

$1.2B in new public revenues.

49 Klyde Warren Park: $1.3B (2009-15) Hudson River Park: $2.1B (2004-15)

Millennium Park: $2.5B (2004-11) Atlanta Beltline: $6.2B (2005-19)

50 “…create critically important community and economic opportunities for the neighborhoods bordering the Trinity River, for downtown, and as the centerpiece of a major urban region.”

Shared Priorities / Collaboration Opportunities

Affordable Housing Jobs & Workforce

Urban Core Mobility & Digital Infrastructure & Connectivity Access

53 Affordable Housing

54 Jobs & Workforce

55 Connectivity & Mobility

56 Digital Divide

Harold Simmons Park

57 HAROLD SIMMONS PARK FINANCE & FUNDING

58 TPC, LGC and City Communications Finance & Funding

• Quarterly Finance Reports • Quarterly Funding Call

59 60 A New Funding Model

61 Economic Impact / Value Capture

$1B new public revenues Value Ca pture

$200M Private Investment $6B+ in Harold Simmons Park Economic Impact ~$5B new market activity

62 NEXT STEPS

63 Vision

Championing a Trinity River that forever deepens our connection to one another and nature. Mission

Fulfilling the promise of the Trinity River as the natural gathering place for Dallas.

64 Objectives

Unite the City 1. The Park is welcoming to residents of all backgrounds, and draws diverse visitors from nearby neighborhoods and throughout the city. Park visitors of all backgrounds feel like the Park is for them. 2. The Park brings together people of all incomes and backgrounds to enable shared experiences. As a result, the Park strengthens Dallas’s sense of community and brings people of all backgrounds into public life. Access to Nature 3. The Park contributes to a healthier Dallas by supporting outdoor recreation, social connection, and connection to nature that are proven to improve visitors’ physical and mental health. 4. It is easy to walk, bike, take transit, or drive to the Park from anywhere in Dallas, and the Park increases access and connection among surrounding neighborhoods.

65 Objectives

Economic Development 5. The Conservancy encourages prosperity and the creation of more good local jobs by supporting area workforce and business development. 6. Long-time residents and businesses near the Park are not displaced by new development, and participate in the wealth and well being created by the Park. 7. The Park supports shared City and civic priorities by propelling redevelopment of surrounding vacant land into new inclusive neighborhoods that expand pathways to opportunity for residents of all backgrounds. Conservation 8. By informing the public on ecology within the Park, residents of all backgrounds can enjoy and steward the natural habitat and beauty of the Trinity River. Through its work, the Conservancy promotes ecological restoration and environmental justice. (conservation)

66 Objectives

Cross-Cutting Objectives 9. The Park is successfully funded and delivered in a timely manner. 10.The Park is well cared for over decades to come, and continues to be maintained by and for the residents of Dallas. 11.The Park is realized in partnership with the community, building participation and trust that increase capacity for implementation.

67 HSP Pre-Groundbreaking Workstreams

Park Design: Park Design: Park Design: Connectivity Programming West Overlook East Overlook Floodway

HSP Financial Community HSP Campaign Procurement Communications Plan Engagement

Neighborhood Workforce 106 W Governance Partnerships Partnerships Commerce

68 Requirements for Success

• Working meetings with Economic Development, Transportation, & Planning staff. • As both the Flood Risk Management and Harold Simmons Park projects evolve, continue appropriate coordination among USACE, City/LGC, & TPC.

69 Briefing: Trinity River Corridor Local Government Corporation

Oct. 30, 2020