Presentation Transcript

1. 969 acres 272 acres 28% Trustee Meeting October 2011
2. Trustee Meeting October 2011
3. SCALE COMPARISON 4,800’ 3,400’ 272 Acres Trustee Meeting October 2011
4. DEMOLITION Dismantling, De-Commissioning & Demolition ~3.8M sf of ~4.0M sf (10/2010 - 11/2011) $_ _ K request to DNREC against $1.0M environmental grant Remediation and salvage ongoing ($_ _ _M, after $14M – $18M revenue sharing 60/40), > $18M 50/50 _ _ _ M lbs. ferrous/non & equip _ _K light bulbs _ _ _ tons asb/chem waste _ _% recycled materials Trustee Meeting October 2011
5. CONCEPT PLAN Align grid to South college Avenue to maximize exposure as a GATEWAY Develop a street hierarchy to State standards Develop a series of open spaces Promote an urban context/density Enhance opportunities for natural green spaces and sustainability Trustee Meeting October 2011
6. INFRASTRUCTURE PLAN Trustee Meeting October 2011
7. 72,000 SF 32,000 SF 96,000 SF 230,000 SF 112,000 SF TOTAL: 542,000 SF Estimated Costs: ~$189,700,000 (2011-$’s) P-1. 466 spaces P-2 . 793 spaces TOTAL: 1,259 spaces SITE DEVELOPMENT Phase 1 Site ~15 acres Bloom Energy Site ~50 acres Trustee Meeting October 2011
8. PHASE 1A Programs for Life and Health Sciences P-1. 466 spaces Phase One Site Area: ~15 acres Trustee Meeting October 2011
9. PHASE 1B Potential Occupants: Delaware Rehabilitation Institute Delaware Health Sciences Alliance: Christiana Care, Jefferson Hotel/Conference Center (250 keys) Supplemental Main Campus Parking P-2 . 793 spaces P-1. 466 spaces Phase One Site Area: ~32 acres Trustee Meeting October 2011
10. PHASE 1 Concept Study Trustee Meeting October 2011
11. RAIL TRANSPORTATION SERVICE $2.3M Tiger II Grant (planning) AMTRAK Regional Service – Phase I Development $34M (track, platform, rail access) Bring MARC to the site Expand SEPTA service to the site Cooperate to expand storage capacity for commuter service Parking Passenger Platform Passenger Station Area Trustee Meeting October 2011
12. CONTEXT Arlington, VA Rittenhouse Square, PA Bethesda, MD Arlington, VA Trustee Meeting October 2011
13. Total Developed SF: 5,775,000 Total Parking Spaces: 15,000 – not including on-street parking Total Infrastructure Estimated Costs: $180,000,000 (2011-$’s) Estimated Cost/acre: $1.0M (2011-$’s) Total Development Costs: $2,021,000,000 (2011-$’s) Average Est. Costs/SF: $350.00 (2011-$’s) FULL PHASE BUILD OUT Mixed Use: Academic Commercial Office/Research Residential Service Light Industrial Public Service Space (Placeholder) Blossom 50 acres Negotiating Zoning Ordinance with City of Newark Transit Oriented Development (TOD) Trustee Meeting October 2011
14. POTENTIAL SOURCES OF FUNDING Federal Funding: EDA: Planning, Technical Assistance, EPA: Brownfields and Land Revitalization, Water DOT: Tiger II, III Earmarks State Funding: DelDOT: Roadways, Infrastructure DNREC: Environmental DEDO: Infrastructure Developers Partners Interim Uses: Amtrak Cargill Temporary Solar Farms Trustee Meeting October 2011
15. ACTION PLAN The University must act aggressively to create DEMAND a. Program Health Sciences in the former administration building b. Utilize “Best Practices” Model c. Delaware Rehabilitation Institute d. Focus on Initial Phase of Development e. Expand Research capacity with APG to generate physical presence at STC f. Attract Blossom g. Quantify National Lab Potential h. Initiate discussions with Hotel/Conference Center i. Pursue Delaware Health Science Alliance partners j. Begin discussions with Wellness/Fitness Center k. Evaluate the site and phasing for TOD l. Evaluate Interim Uses for the site m. Develop Residential and retail program Trustee Meeting October 2011
16. INITIAL MARKETING STRATEGY Association of University Research Parks Select Greater Philadelphia Delaware Biosciences Association Ben Franklin Technology Partners Sustainable Chemistry Alliance Regional Partner Marketing Aberdeen Proving Grounds Department of the Army Delaware Economic Development Office Commercial Real Estate Site Locators Trustee Meeting October 2011