MRC-3 - Candler Park

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Edgewood/Candler Park Station
Transit Oriented Development Project Overview
Edgewood/Candler Park Station
MARTA’s overarching strategic goals for Transit Oriented
Development include:
• To generate greater transit ridership – a natural consequence
of clustering mixed-use development around stations and
along corridors;
• To promote a sustainable, affordable and growing future for
the people of Metro Atlanta; and
• To generate a return on MARTA’s transit investment- through
enhanced passenger revenues, greater federal support, and
development on MARTA property.
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Edgewood/Candler Park Station
Opportunity Overview
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Station opened in 1979
Approximately 1,000-1,400 daily entries (37th out of 38)
Approximately +/-6 acres on Edgewood side of station
Includes Parking Lot 5 - (318 Spaces) and an unused parking lot
(145 Spaces)
• Average Parking Utilization 30-35% (Overall)
• Walking distance from Edgewood Retail Shopping Center to the
west, the Schwan’s Bakery to the east, with the surrounding
community primarily consisting of residential uses
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Edgewood/Candler Park Station
Timeline
April 2011: Southface/ARC Facilitated Community Charrette
November 2011: City of Atlanta Adopts Edgewood Vision
July 2013: Executed Letter Agreement with Invest Atlanta
February 2014: Released RFP
April 2014: Received 3 Development Proposals
May 2014: Held Briefings With ONE, NPU-N and NPU-O
June 2014: Invest Atlanta and MARTA Staff Recommend Columbia Ventures
as Development Partner
July 2014: Authorized to Enter into Negotiations
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Edgewood/Candler Park Station
Edgewood/Candler Park Charrette Report
• Hosted by 11 different organizations in 2011
• Goals:
– Advance MARTA’s TOD Guidelines
– Prepare a concept plan based on previous planning efforts
– Facilitate stakeholder coordination
• Resulting design concepts:
– “Pocket Parks” concept
– “Central Commons” concept
– 4-5 story mixed use buildings that are built around two separate parking
garages
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Edgewood/Candler Park Station
Development Partners: Columbia Ventures and
Columbia Residential (co-developers)
• 445 apartments
• 10,000 sf retail
• 752 parking spaces
• 20% affordable units
• 2.26-acre public park
• 387-540 estimated
new daily transit trips
Edgewood/Candler Park Station
Phase I:
• 210 Apartments
• 212 Parking Spaces (1.05 ratio)
• 180 Multifamily + 32 On Street
• 2.26 Acres of Public Greenspace
Edgewood/Candler Park Station
Phase II:
• 235 Apartments
• 10,000 sf Retail/Restaurant
• 540 Parking Spaces
• 310 Residential
• 160 MARTA Transit
• 70 Retail/Street
Proposed MARTA TODs
MARTA STATION
ACREAGE
PROPOSED UNITS
UNITS Per ACRE
King Memorial
(City of Atlanta)
4.0
386
96
Avondale
(City of Decatur)
7.0
604
86
Edgewood/ Candler Park
(City of Atlanta)
6.4
445
69
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Edgewood/Candler Park Station
Proposed Rezoning
• Charrette recommended rezoning to MRC
• Purpose of mixed residential commercial districts:
– Protect existing and developing neighborhood areas and building forms
and to preserve and restore existing, traditional and pedestrian scale
buildings in established, historic neighborhood districts, as well as
create new pedestrian oriented commercial nodes
– Encourage a balanced mix of uses to include proportionately significant
residential uses and to facilitate safe, attractive and convenient
pedestrian circulation
– Improve air quality by promoting walking and reducing the number of
vehicular trips and establish adequate parking requirements
• Special administrative permit requirement for building permits
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Edgewood/Candler Park Station
Proposed Rezoning – (MRC-3)
MRC District
Non Residential
FAR
Residential
FAR
Combined
FAR
MRC-1
1.0
0.69
1.696
MRC-2
2.5
0.69
3.196
MRC-3
4.0
3.2
7.2
1.62
1.76
Edgewood Proposal
• MRC-2 vs MRC-3
• Proposed Rezoning Conditions:
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Limit Building Height to 54’ within 25’ of back of supplemental zone.
Limit Building Height to 80’ on remainder of site
Limit non-residential FAR to 0.5
Include a minimum residential density of 40 dwelling units per acre
Include typical quality/material conditions
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Edgewood/Candler Park Station
Next Steps (subject to change)
August 27, 2014: Rezoning Work Session (Developer, CoA, MARTA)
September 2014: Rezoning Approvals
August - September 2014: Negotiate Term Sheet and Interim
Agreement
October 2014: MARTA Board Authorization to Execute Agreement
November 2014: Execute Agreement
May 2015: Phase I Construction Commencement
June 2016: Phase I Construction Completion
Rezoning Work Session
Wednesday August 27, 2014
6:00 PM
Columbia Townhomes @ Edgewood
37 Hutchinson Street #41
Atlanta, Georgia 30307
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