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Concept > Planning > Budget > Schedule > Land Acquisition > Engineering >Contracting > Construction > Use
Reston, Virginia
Redmond, Washington
Smryna, Georgia
?????????????Evans, Georgia??????????
failed referendum to float $6MM in bonds to buy the 120 acre property.
Early 1980s recession made the developers plans for a regional mall unfeasible.
The design approach was an intensive process that involved the collaborative
efforts of city planners, retail specialists, architects, engineers, landscape designers, traffic consultants, and land use experts. 1999 Town Center completed at a cost of $200 million
Peachtree City, GA 30 years Tysons Corner, VA 4 years Glendale, CA 15 years Smyrna, GA 10 years Decatur, GA - Latest planning project of the 4 since 1972 cost $267M Glendale, CA $108MM budget including Block grants, sales tax,
$11MM (includes
Services Required
land sale proceeds. Decatur, GA Block grants Smryna, GA - Bond proceeds, sales tax Redmond, WA The design approach
was an intensive process that involved the collaborative efforts of city planners, retail specialists, architects, engineers, landscape designers, traffic consultants, and land use experts. LMN architects
$8.5MM
Conceptual Plan by Rosser-Lowe, some grant efforts by the County administration, road extension from Industrial Park Drive to North Belair in collaboration with DOT. No coordinated plan for the entire town center. Land acquired restricted to Courthouse. If condemnation is a strategy it will cost Columbia County in excess of $6 million for land in the core area alone. Balance of town center land seized through overlay zoning that is inconsistently applied, contrary to existing and planned land uses, and extends to cover 3 times the area required for other town centers. No discussions with core area land owners until 3/16/2000. No incentives have been presented to land owners.
Land Acquisitio n
Redmond, WA The municipal government desired to purchase property for green space through a bond referendum When it failed to pass, the developer proceeded with a private town center project. Incentives Decatur, GA Public-private cooperation
may be key to revitalization efforts, but it takes money from both sectors to assure success. Decatur, GA Project did not proceed until a developer of record was chosen. Reston, VA $140MM Equity Office > 1MM sf,
Developer of Record
$0
1.2MM sf $160MM
Summary
Attribute Average Size Town Centers Reviewed Evans Town Center 1. Tysons Corner 18 acres More than 3500 Acres 2. Brunswick, Ohio 107 acres 3. Carnegie/Charlotte 12 acres 4. Reston, VA 85 acre core, 450 acre total 5. Decatur, GA less than 250 acres 6. Smryna, GA less than 300 acres Brunswick, Ohio City purchasedInvestment in Courthouse 100% of town center land. and Library scaled back due to budgetary Schaumberg, IL City paid restraints. Government to $9MM for land and spent $18.7 own about 2% of the Town million in development costs. Center land.
Village of the Lake In the Hills Brunswick, OH Town center project delayed after Town Center land purchase due to the (100% Government Owned) estimated $27MM cost. Land Acquisition 1. Land purchase Land purchase restricted to courthouse and road right 2. Land condemnation of way 3. Developer purchased Redmond, WA
(100% Private Ownereship)
Attribute
Strategies
Concept
Redmond TownCenter
Cost - $200,000,000
$100,000,000 to $200,000,000!!!