Master Plan Update - PowerPoint Presentation

Slide1

Master Plan UpdateJuly 25, 2013Slide2

The Guiding Principles for Fort Monroe’s Future

Preserve the place

Tell the stor

ies

Achieve economic independenceSlide3

Master Plan Concepts

No land

use changes proposed for Inner Fort

Preservation of views and green space in new Waterfront Park

Adaptive reuse of buildings in the Historic Village

7-mile educational and exercise trail

Improved vehicular patterns & pedestrian circulationSlide4

Fort Monroe is a long-term project; the Master Plan has to be

flexible

Large users like STEAM Academy bring name recognition and reduce expenses

Economic realities

suggest demand for office and commercial space is weak

Market conditions & physical location indicate Fort Monroe future should focus primarily towards residential use

Focus on

phasing

and implementation within the community (existing structures are highest priority)

Army transfer delays will continue to affect implementation of the Master Plan

Economic Realities of the Master Plan Tell Us…Slide5

Recap: The Financial Challenge None of the Master Plan options resulted in a financially sustainable future Fort Monroe’s potential “structural deficit”:

2027

Option A:

Reuse and Infill

- $4.5

Option B:

Wherry

Park

- $4.8Option C: Waterfront Community - $3.3Slide6

Concepts to Explore to Bridge the Financial GapExit the utility business

Find additional sources of revenue

Tax independent financing

Homeowner association dues

Transfer PILOT fee to property owners

Parking revenue program

Service district charge

Focus on residential development but maintain flexible real estate strategy

Cost recovery from NPS

Hold

Wherry

Quarter to avoid market saturation & increase valueSlide7

Findings and Observations Focus on a long-term infrastructure CIP and/or operations financing plan Rebalance mix of uses to focus on residential

Preserve revenue-generating uses and redevelop when opportunity arises to increase net revenue

Decisions need to be made as part of Master Plan process to enable FMA to plan its staffing needs and implement a robust real estate program

Explore a “skinny FMA” by maximizing sales with minimum inventory retained as rentalSlide8

NORTH

GATE

HISTORIC

VILLAGE

ENTRY

GATE

MOAT

GLACIS PRESERVED

STEAM ACADEMY

CASEMATE MUSEUM TO FMA

1

PHASE

Immediate

Opportunities

(0-5 years)

Inner Fort (National Monument)

Preservation Achieved with NPS Ownership and Easement

Casemate Museum on track for transfer to FMA (attendance exceeds previous years)

Houses being leased

MOU with STEAM Academy

Moat to remain with Army until environmental evaluation is completed

Glacis preserved on northeast green slope

Chapel of Centurion hosts two congregations

WHERRY

QUARTER

NPS

INNER

FORT

NPS EASEMENT

NPS OWNERSHIP

TOP OF MOAT & RECREATION EQUIPMENT AVAILABLE TO PUBLICSlide9

2

PHASE

Historic

Village

(0-10 years)

Historic tax credits encourage acquisition and adaptive reuse of historic buildings

Allow mix of uses to create community friendly development (i.e. home ownership, coffee shop, restaurants, specialty retail, etc.)

Redesign McNair Drive to include on-street parking, expanded pedestrian sidewalk and 7-mile waterfront recreation trail

Implement Phase 1 of Waterfront Park

Gazebo, landscape & lighting

New bathrooms

Outlook beach access

Expand events at Continental Park

Work with legislature to evaluate high speed ferry destination point at Point

Comfort

Continue to lease houses and apartments

Work with St. Mary’s Church for continued use

Acquire ownership of marina and adjoining property from Army

Resolve environmental carve out properties with Army

NORTH

GATE

HISTORIC

VILLAGE

INNER

FORT

EXPLORE MARKETABILITY OF LARGE BUILDINGS FOR ADAPTIVE REUSE

EXPAND

MARINA

ACQUIRE MARINA

(PRIVATIZE)

CONNECT MARINA WITH HISTORIC VILLAGE

RESTAURANT

RETAIL SITE

SELL HOMES

WITH

HISTORIC

EASEMENTS

EVALUATE

TRADOC

(RES. OR OFFICE)

IMPROVE

PARKING

WHERRY

QUARTER

NPS

WATERFRONT PARK - PHASE 1

POTENTIAL HIGH SPEED FERRY DESTINATION

ENTRY

GATE

INGALLS

ROADSlide10

3

PHASE

North Gate

(0-15 years)

Acquire unresolved Army property to complete ownership of North

Gate

Identify

a transition zone between Historic Village and new development sites

Use existing multi-family residential and municipal buildings for transition to new development

site

North Gate is an opportunity for new development that:

Supports preserving Fort Monroe and telling the stories

Complies with the historic preservation design standards and the Programmatic Agreement

Improve access to Mill Creek

Create living shoreline on Mill Creek

Construct Stillwell Road section of 7 mile trail

NORTH

GATE

HISTORIC

VILLAGE

INNER

FORT

ENTRY

GATE

TRANSITION

ZONE

NEW DEVELOPMENT THAT RESPECTS VIEWS TO THE WATER, INNER FORT, & HISTORIC ROAD ALIGNMENT

WHERRY

QUARTER

NPS

GREEN EDGE (PART OF 7-MILE WATERFRONT RECREATIONAL TRAIL

Slide11

4

PHASE

Wherry Quarter

(0-20 years)

Create and implement strong green connections that link the

NPS

to the Inner Fort and Mill Creek to Waterfront

Park

Future development opportunities should be considered and financially valued (with revenue from HOA fees)

Maintain a public space buffer along Bay but preserve development opportunity along Fenwick Road

Green areas within Wherry should be used for active/passive recreation (i.e. beach access, sports fields, bathhouses, picnic shelters, etc.)

Continue to lease existing building to generate revenue for Fort Monroe

Resolve environmental carve out area with Army

Preserve view from Fort to Bay and Bay to Fort

NORTH

GATE

HISTORIC

VILLAGE

INNER

FORT

ENTRY

GATE

REUSE EXISTING BUILDINGS

TWO STRONG GREEN CONNECTIONS

IMPROVE

BEACH

ACCESS

VIEWS

COMPLETE PHASE 2 OF WATERFRONT PARK

WHERRY

QUARTER

NPSSlide12

MARINA

WATERFRONT PARK

EXPANDED BEACHES

7-MILE TRAIL

FORT MONROE

MASTER PLAN AMENITIESSlide13

SEASONALWATER TAXI

DOWNTOWN

HAMPTON

FORT MONROE

CONNECTIVITY

PEDESTRIAN,

VEHICULAR,

BICYCLE

PHOEBUSSlide14

Connect our communitiesSlide15

Preserve our architectureSlide16

Tell our storiesSlide17

Memorialize our pastSlide18

Preserve access to our waterfrontSlide19

DRAFT 2013 FORT MONROE MASTER PLANSlide20

Preserve

the

place

Tell the

stories

Achieve

economic independence

DRAFT 2013 FORT MONROE MASTER PLANSlide21

Next Steps

Prepare Final Master Plan

for presentation to:

Planning Advisory Group –

September 26

Finance Committee

–

October 10

Board

–

October 24

Governor –

December

31, 2013