STATE STREET CORRIDOR MASTER PLAN Land Use Plan. IBI GROUP March 10, 2015
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1 STATE STREET CORRIDOR MASTER PLAN Land Use Plan IBI GROUP March 10, 2015
2 Framework Plan Growth Nodes defining a Downtown 27
3 Mobility Signals/Boulevard/Street Network 28
4 Mobility Multiway Boulevard 29
5 Land Use Nodes/Districts Maximum Building Height Maximum Building Height Maximum Building Height The North Village (1600 N) Uptown (800 N) City Center (Center Street) Arts District (800 S) University Place North 30
6 Land Use Existing Conditions Study Area Statistics 1600 North 800 North Center Street 800 South University Parkway Other Total Study Area 62 acres 98 acres 93 acres 106 acres 92 acres 301 acres 752 acres Total Parcels 575 acres (76%) Total Streets 177 acres (24%) Existing Use Residential 13% Office 7% Commercial/Retail 68% Civic 3% Vacant 9% 31
7 Land Use Existing Conditions Study Area Statistics Total Parcels 575 acres (76%) Total Streets 177 acres (24%) Total Area 752 acres (100%) Existing Parcel Breakdown Building Footprint 142 acres (25%) Parking/Driveways 402 acres (70%) Other 31 acres (5%) 32
8 Land Use Overall Corridor Projection Existing Uses (2015) Total Parcels 575 acres (76%) Total Streets 177 acres (24%) Total Area 752 acres (100%) Residential 1,270,818 sf (18%) Office 746,624 sf (10%) Comm./Retail 5,168,410 sf (72%) Total 7,185,852 sf (100%) Proposed Uses (2040) Total Parcels 451 acres (60%) Total Streets 301 acres (40%) Total Area 752 acres (100%) Residential 7,651,000 sf (51%) Office 2,902,500 sf (20%) Comm./Retail 4,328,891 sf (29%) Total 14,882,391 sf (100%) 33
9 Land Use Overall Corridor Projection What are the impacts? Addition of up to 6,500 residential units At an average of two residents per unit will add up to 13,000 residents to the population. If projected growth in Orem is 25,000 by 2040, the State Street corridor could absorb more than 50% of this growth. Addition of up to 4,300 jobs in new office development. 15% reduction in overall retail square footage through shift to more compact and walkable boutique retail users within growth nodes. Maintain existing retail land use pattern between growth nodes. 100% average increase in tax revenue of per acre [all numbers are hypothetical and will be adjusted based on final analysis] 34
10 Land Use Overall Corridor Projection $5,918,323 $11,775,685 35
11 Land Use Growth Nodes The North Village (1600 North) Existing Uses (2015) Total Area 62.1 acres Residential 96,874 sf (22%) Office 0 sf (0%) Comm./Retail 306,221 sf (68%) Industrial 44,941 sf (10%) Total 448,036 sf (100%) Proposed Uses (2040) Residential 1,352,000 sf (87%) Office 30,000 sf (2%) Comm./Retail 175,000 sf (11%) Total 1,557,000 sf (100%) 36
12 Land Use The North Village (1600 North) 5 Year Plan 37
13 Land Use The North Village (1600 North) 10 Year Plan 38
14 Land Use The North Village (1600 North) 25 Year Plan 39
15 Land Use Growth Nodes Uptown (800 North) Existing Uses (2015) Total Area 97.5 Acres Residential 185,778 sf (25%) Office 0 sf (0%) Commercial/Retail 545,623 sf (75%) Total 731,403 sf (100%) Proposed Uses (2040) Residential 1,698,000 sf (58%) Office 762,000 sf (26%) Commercial/Retail 468,000 sf (16%) Total 2,928,000 sf (100%) 40
16 Land Use Uptown (800 North) 5 Year Plan 41
17 Land Use Uptown (800 North) 10 Year Plan 42
18 Land Use Uptown (800 North) 25 Year Plan Transit 43
19 Land Use Growth Nodes City Center (Center Street) Existing Uses (2015) Total Area 97.9 acres (100%) Residential 0 sf (0%) Office 42,099 sf (6%) Comm./Retail 626,320 sf (82%) Industrial 95,709 sf (12%) Total 764,128 sf (100%) Proposed Uses (2040) Residential 724,000 sf (31%) Office 1,155,500 sf (49%) Comm./Retail 463,500 sf (20%) Total 2,343,000 sf (100%) 44
20 Land Use City Center (Center Street) 5 Year Plan Residential Office Parking Existing Buildings 45
21 Land Use City Center (Center Street) 10 Year Plan Residential Office Parking Existing Buildings 46
22 Land Use City Center (Center Street) 25 Year Plan Office Parking Residential Transit 47
23 Land Use Growth Nodes Arts District (800 South) Existing Uses (2015) Total Area acres (100%) Residential 147,171 sf (20%) Office 161,196 sf (21%) Comm./Retail 336,848 sf (45%) Industrial 104,409 sf (14%) Total 749,624 sf (100%) Proposed Uses (2040) Residential 2,394,000 sf (78%) Office 280,000 sf (9%) Commercial/Retail 243,500 sf (8%) Civic 150,000 sf (5%) Total 3,067,500 sf (100%) 48
24 Land Use Arts District (800 South) 5 Year Plan 49
25 Land Use Arts District (800 South) 10 Year Plan 50
26 Land Use Arts District (800 South) 25 Year Plan Transit 51
27 Land Use Growth Nodes University Parkway Existing Uses (2015) Total Area 116 acres (100%) Residential 3,966 sf (.5%) Office 41,913 sf (5%) Comm./Retail 784,507 sf (94.5%) Total 830,386 sf (100%) Proposed Uses (2040) Residential 1,483,000 sf (58%) Office 675,000 sf (26%) Commercial/Retail 410,000 sf (16%) Total 2,568,000 sf (100%) 52
28 Land Use University Parkway 5 Year Plan 53
29 Land Use University Parkway 10 Year Plan Transit (BRT) 54
30 Land Use University Parkway 25 Year Plan Transit (BRT) Transit 55
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