X hits on this document

PDF document

D U A N Y P L A T E R - Z Y B E R K A N DDC OPM P AZN Y - page 62 / 144





62 / 144


located north of Massachusetts Avenue (NoMa) in central Washington, DC. The area is emerging as a preferred downtown location for high technology companies, in part spurred by lower land costs and a new subway station. Potential uses for this area involve the integration of artist gallery and studio space, theater space, high-tech and other offices, housing, and retail. Following two public workshops, a series of prototype schemes for key areas were developed, incorporating technology business incubators, live-work space, and a mixed-use building with theater space.

Hudson Yards Redevelopment, New York, New York Lead Economist for ERA, along with Cushman & Wakefield, working with New York City’s EDC to assist in the development planning for the Hudson Yards, a 59-block area on the far west side of Manhattan. The central barriers to the area’s revitalization include a lack of transit infrastructure and outmoded zoning. The strategy is a classic “value-capture” approach: use incremental public revenues generated by the new development to back bonds issued to finance the required infrastructure investment. ERA’s role was to forecast the likely market demand for new offices, housing, hotels, and retail as a result of strategic public investment in transit, open space, and other amenities. ERA also evaluated the impact of various development alternatives on area-wide property valuations and assessments, and projected incremental revenues associated with property tax revenues, zoning-based development fees, and sale of development rights by public transportation agencies.

Country Club Plaza Strategic Repositioning Plan, Kansas City, Missouri Lead Economist for ERA’s commission by the J.C. Nichols Company, the owners and developers of the historic Country Club Plaza, to develop an integrated economic plan for their flagship project and the Midwest’s premier retail and entertainment destination, located in Kansas City. ERA’s work included detailed market analysis for commercial office, retail, residential and entertainment uses, financial modeling, and public private funding strategies. ERA was subsequently asked by the J. C. Nichols Company to assist in creation of a tax increment finance (TIF) district as part of the redevelopment strategy. Our work was instrumental in subsequent approval by the State of Missouri for $55 million in TIF funding for the project.

Pittsburgh Riverlife (Riverfront) Master Plan, Pittsburgh, PA Project Manager for the Pittsburgh Riverlife project in Pittsburgh, PA. ERA developed a coordinated, achievable land use and development strategy to maximize the potential of Pittsburgh’s riverfront area. This award-winning plan has set in motion a broad range of public and private initiatives to recapture the value of Pittsburgh’s three rivers. ERA helped to create a variety of land use and development scenarios to complement other downtown initiatives, including the new Steelers and Pirates stadiums on the north shore and the expansion of the city’s convention center. ERA


Document info
Document views546
Page views546
Page last viewedSat Jan 21 17:00:27 UTC 2017