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Home My WebLink AboutSelectmen Work Shop Presentation - 12 11 2007_2014012908515494611 ““Candle StreetCandle Street”” DiscussionDiscussion Town of Nantucket: Board Of Selectmen WorkshopTown of Nantucket: Board Of Selectmen WorkshopPrepared by the Nantucket Planning OfficePrepared by the Nantucket Planning Office Andrew V. Vorce, AICPAndrew V. Vorce, AICP Leslie WoodsonLeslie Woodson--Snell, AICPSnell, AICP T. Michael Burns. AICPT. Michael Burns. AICPDecember 11, 2007December 11, 2007 LocationLocation C o m me r c i al St S t r a i gh t W h a r f New Whal e StCandle StWa s h i n g t o n S t 2.24 acre site off Candle Street 2.24 acre site off Candle Street Adjacent to proposed Transportation HubAdjacent to proposed Transportation Hub BrownfieldBrownfield Adjacent to Nantucket Harbor/preserved open Adjacent to Nantucket Harbor/preserved open spacespace One of few large parcels near the downtown One of few large parcels near the downtown 2 Open Space/Harbor viewsOpen Space/Harbor views View to the Northeast View to the Southeast “petrol landing” owned by Land Bank History (1887)History (1887) 3 History (1923)History (1923) Site (1938)Site (1938) 4 5 History SummaryHistory Summary Heavy Industrial/Commercial UseHeavy Industrial/Commercial Use Underground pollutionUnderground pollution Old structures exceeded 30Old structures exceeded 30’’heightheight 44--story building (in historical image), 42story building (in historical image), 42’’gas gas tank, 60tank, 60’’smokestack smokestack Intensity (structures and use) of site Intensity (structures and use) of site declined as energy production methods declined as energy production methods changedchanged Site InformationSite Information National Grid owns propertyNational Grid owns property $52,226.53 annual taxes$52,226.53 annual taxes Assessed value: $21,260,100Assessed value: $21,260,100 Land: $20,827,800Land: $20,827,800 Bldg: $ 432,300Bldg: $ 432,300 New Whale Street and Commercial Street New Whale Street and Commercial Street are public ways in easement.are public ways in easement. 6 Site CharacteristicsSite Characteristics Remediation underwayRemediation underway--long term long term management necessarymanagement necessary Licenses: Chapter 91Licenses: Chapter 91 Bulkhead controlled by boat basinBulkhead controlled by boat basin EasementsEasements Allowing access to harborAllowing access to harbor Allowing access to Harbor Fuel: exp. 2020Allowing access to Harbor Fuel: exp. 2020 Former Electrical Generation ( to 1996)Former Electrical Generation ( to 1996) Zoning ConsiderationsZoning Considerations Residential Commercial (RC) Residential Commercial (RC) ExistingExisting 20 Potential Lots20 Potential Lots 40 Potential Dwelling Units40 Potential Dwelling Units 50 Percent Ground Cover50 Percent Ground Cover Maximum Height 30 FeetMaximum Height 30 Feet Residential Commercial Downtown (RCDT) Residential Commercial Downtown (RCDT) NearbyNearby 25 Potential Lots25 Potential Lots 50+ Potential Dwelling Units50+ Potential Dwelling Units 75 Percent Ground Cover75 Percent Ground Cover Increased Height By Special PermitIncreased Height By Special Permit 7 Timeline Timeline 1990 Goals and Objectives 1990 Goals and Objectives --Section C Section C --Growth Management: Growth Management: Objective CObjective C--6.7 6.7 --Central Business District: Central Business District: “…“…study parking garage.study parking garage.”” 19971997--2004 Part of site evaluated for Downtown Transportation 2004 Part of site evaluated for Downtown Transportation CenterCenter 4/2005 Planning staff discusses revised plan with newly elected 4/2005 Planning staff discusses revised plan with newly elected SelectmenSelectmen BOS requests broader study of entire areaBOS requests broader study of entire area 12/200512/2005--8/2007 NP&EDC discussions in executive session8/2007 NP&EDC discussions in executive session Potential negotiation with National GridPotential negotiation with National Grid 9/2006 Planning staff discusses goals 9/2006 Planning staff discusses goals BOS executive sessionBOS executive session--approvedapproved Public discussion of Parking Garage begun in May 2007Public discussion of Parking Garage begun in May 2007 Decision OptionsDecision Options Range between Range between ““AllAll””or or ““NothingNothing”” ““AllAll””--Purchase property for public usePurchase property for public use $30$30--50 million purchase price50 million purchase price $ for uses$ for uses--Park? Surface Parking? Management?Park? Surface Parking? Management? Lost tax revenue, legal fees, etc.Lost tax revenue, legal fees, etc. ““NothingNothing””--React to permit applicationsReact to permit applications Local: Use by rightLocal: Use by right--Special PermitSpecial Permit State: Chapter 91 State: Chapter 91 Rely on permit processRely on permit process 8 Decision Options (contDecision Options (cont’’d)d) Something inSomething in--between between ““allall””or or ““nothingnothing””?? Leverage public benefit through:Leverage public benefit through: Zoning or administrative changesZoning or administrative changes Access to favorable financingAccess to favorable financing--DIFDIF PermittingPermitting Minimize public expendituresMinimize public expenditures Develop public/private partnershipDevelop public/private partnership Create district so that Create district so that ““development pays its own development pays its own wayway””: All/portion of taxes: All/portion of taxes--revenue pay for revenue pay for infrastructureinfrastructure Operations through private sectorOperations through private sector Downtown Parking ProblemDowntown Parking Problem A problem discussed since the 1950A problem discussed since the 1950’’ss Lack of SupplyLack of Supply Congestion due to ferry and Congestion due to ferry and downtown destination trafficdowntown destination traffic Growth ManagementGrowth Management Increasing supply to respond to Increasing supply to respond to population and visitor growthpopulation and visitor growth Strategic pricingStrategic pricing 9 Downtown Parking AlternativesDowntown Parking Alternatives Paid ParkingPaid Parking Parking Meters (negative vote by 2004 BOS)Parking Meters (negative vote by 2004 BOS) Peak Pricing (tolls entering downtown)Peak Pricing (tolls entering downtown) Vehicle LimitationVehicle Limitation Hard cap on vehicles allowed in Core District (negative Hard cap on vehicles allowed in Core District (negative vote by ATM 1994 odd/even license plate concept)vote by ATM 1994 odd/even license plate concept) Expanding supply at Town Parking LotExpanding supply at Town Parking Lot Purchase adjacent property (remove buildings)Purchase adjacent property (remove buildings) Additional levels of parkingAdditional levels of parking Relocate high demand uses outside of DowntownRelocate high demand uses outside of Downtown Example: Town Building requires 67 parking spacesExample: Town Building requires 67 parking spaces ““Recent DevelopmentsRecent Developments”” GreenhoundGreenhound, LLC purchase of , LLC purchase of Transportation Hub site at 10 and 12 Transportation Hub site at 10 and 12 Washington StreetWashington Street NonNon--binding ballot question binding ballot question ––April 2008April 2008 Tank farm relocation?Tank farm relocation?--Capital Plan?Capital Plan? Harbor PlanHarbor Plan Redevelopment of existing downtown Redevelopment of existing downtown structures/inclusion of structured parkingstructures/inclusion of structured parking 10 Requested ActionRequested Action Affirm goals voted by BOS on September 22, 2006:Affirm goals voted by BOS on September 22, 2006: Improve traffic flowImprove traffic flow Promote economic vitality and historic integrity of the CBDPromote economic vitality and historic integrity of the CBD Expand yearExpand year--round office/commercial space in CBDround office/commercial space in CBD Develop underDevelop under--utilized land resources to address economic / utilized land resources to address economic / transportation / housing / open space needs.transportation / housing / open space needs. Enhance public access to waterfrontEnhance public access to waterfront Set additional goals?:Set additional goals?: Support Warrant Articles to access state resources and expand Support Warrant Articles to access state resources and expand development options while providing resources to the Towndevelopment options while providing resources to the Town Priority Development Site (43D)Priority Development Site (43D) Housing (40R)Housing (40R) State Sustainability Principles and State Sustainability Principles and Smart GrowthSmart Growth Conformance with the following:Conformance with the following: Concentrate development and mixConcentrate development and mix--uses in CBDuses in CBD Use natural resources wisely (green building)Use natural resources wisely (green building) Expand housing opportunitiesExpand housing opportunities Provide transportation choiceProvide transportation choice Increase jobs and business opportunitiesIncrease jobs and business opportunities Plan regionally (coordination with state)Plan regionally (coordination with state) 11 Questions?Questions? Photo Source: Photo Source: Bill HaddonBill Haddon’’s Nantucket, An Island Photo Journal from 1950 to 1975.s Nantucket, An Island Photo Journal from 1950 to 1975.