Connect Transportation & Land Use Systems. Reinvesting in the Region. An Action Plan to Make it Easier to Do Better.

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1 Connect Transportation & Land Use Systems Reinvesting in the Region An Action Plan to Make it Easier to Do Better October 10, 2011

2 The Curtis Project in Minnesota Connect Transportation and Land Use Systems (CTLUS) Leadership through Partnerships Led by the CTLUS committee throughout three-year period; ongoing. Co-chaired by ULI Minnesota and the Regional Council of Mayors. 50 members representing the private sector, government officials and electeds.

3 Connect Transportation & Land Use Systems (CTLUS)..public/private leadership Co-Chairs Mayor Terry Schneider, Minnetonka Jay Lindgren, Dorsey & Whitney Leadership Bernie Arseneau Joe Bagnoli Bake Baker Allison Barmann John Breitinger Colleen Carey Cindy Carlsson Jay Cowles Senator Scott Dibble Donna Drummond David Frank John Herman Phil Eckhert Jim Erkel Rusty Fifield Representative Frank Hornstein Mayor James Hovland Michael Huber John Huenink Thatcher Imboden Michael Lander Nancy C. Larson Bob Lux Pat Mascia Arlene McCarthy Commissioner Jim McDonough Laurie McGinnis Commissioner Peter McLaughlin Guy Peterson Sarah Jo Peterson Whit Peyton Beth Reetz Mark Ruff Jonathan Sage-Martinson Ken Sorensen Dennis Spalla David Sternberg Scott Tankenoff David Van Hattum Mark Vander Schaaf Peter Wagenius Mayor Gene Winstead Charlie Zelle

4 . Connect Transportation & Land Use Systems (CTLUS) Program Elements Education, Tools and Applications Corridors of Opportunity - regional approaches to TOD development. Southwest LRT Corridor - comprehensive investment framework. Reinvesting in the Region - action plan to work together and make it easier to do better.

5 Connect Transportation & Land Use Systems - Work Plan Reinvesting in the Region: - An Action Plan to Make It Easier to Do Better The Problem: (Re)Development is Harder than Ever Less Public Resources Constricted Capital Requirements, hrisk Why Now: Build Sustainable Communities 21st Century Places Demand Shift Change in Market Preferences

6 Reinvesting in the Region Action Plan Provides intentional strategies to: Market our Region & Promote our Assets Create a persuasive narrative - economic imperative of reinvesting in our communities based on evidence, trend analysis and best practices. Galvanize the leadership and political will - implement intentional action. Leverage strong partnerships between the private and public sectors - support action strategies to create thriving, sustainable communities. Connect Housing, Jobs, the Environment & Transportation. Support Thriving, Sustainable Communities.

7 Reinvesting in the Region Key Components Work Together Raise Awareness Go Look Apply Implement A Bold New Tool Box Regional Goals & Resources Land Assembly Financing & Tools Local Government (Re)Development Policies & Practice Outcome: Thriving, sustainable communities that attract private investment and respond to changing demographics and market trends.

8 Reinvesting in the Region ULI MN Programs of Work Raise Awareness Regional Council of Mayors Reality Check Opportunity City Program MN Housing Policy Tool Box MSP Housing + Transportation Cost Calculator Locus/Smart Growth America Regional Indicators MSP Business Plan Education Programs Navigating the New Normal Technical Assistance Panel Building a Foundation Urban Plan Young Leaders Group Digital Media

9 Reinvesting in the Region ULI MN Programs of Work Go Look Mobile Tours Local & National National Conferences & Forums

10 Reinvesting in the Region ULI MN Programs of Work Apply: - Southwest LRT Corridor Technical Assistance - best practices; work sessions Investment Framework Development Assessments, Prioritization, Development Tools Demonstrate Value Capture Corridor Wide Housing Action Plan Connect land use & transportation

11 Reinvesting in the Region A Bold New Tool Box Regional Goals & Resources: - Align & Leverage Build Consensus Galvanize support & political will Multi-Sector, public/private teams Creative Solutions Pool/Bundle Resources Reduce Approval Times Collaborative AUAR & Stormwater Management

12 Reinvesting in the Region A Bold New Tool Box Land Assembly: - Strengthen site acquisition tools Remove barriers - existing programs Identify new funding sources Strengthen Eminent Domain

13 Reinvesting in the Region A Bold New Tool Box Financing & Tools: - Strengthen Existing Tools & Programs Increase funding, flexibility & functionality Fully utilize existing tools TIF Reform public purpose eliminate inconsistencies Pooling Multi-jurisdictional projects Placemaking Value capture - Create New Funding Mechanisms Revolving Equity Fund Bond Financing Loan Guarantees Reallocation of Fiscal Disparities

14 Reinvesting in the Region A Bold New Tool Box Local Government (Re)Development Policies & Practice: - Support thriving, sustainable communities (Re)development Ready Sites Proactive rather than Reactive Collaboration & Integrated Strategies Clearly Define the Process increase efficiency, reduce development timeline Work as a Team be flexible as market changes Modify land use regulations = compact mix of uses Mentorship

15 Connect Transportation & Land Use Systems (CTLUS) Next Step: - Partner to Galvanize Support & Leadership to Implement Action Strategies Contact: ULI MN Caren Dewar, Executive Director Caren.dewar@uli.org Environment Transportation Housing Jobs

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