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10/09/2019 - Agenda City of Tigard Town Center Advisory Commission Agenda MEETING DATE/TIME: October 9, 2019 — 6:30 to 8:35 p.m. MEETING LOCATION: Public Works Auditorium, 8777 SW Burnham Street.,Tigard, OR 97223 1. CALL TO ORDER Kate 6:30 2. CONSIDER MINUTES Kate 6:35 3. PUBLIC COMMENT Kate 6:40 4. SW CORRIDOR PRESENTATIONS TriMet and Kenny Asher 6:45 5. DISCUSS AND CONSIDER RECOMMENDATION OF A WNEW TIGARD TRIANGLE IMPLEMENTATION REPORT Sean and Kate 7:30 Potential Action Item 6. DISCUSS 2019 TCAC ANNUAL REPORT Kate 8:00 7. PARKS AND NATURE BOND Ryan 8:15 8. LIAISON REPORTS Kate 8:20 9. NON-AGENDA ITEMS All 8:30 10. ADJOURN BUSINESS MEETING Chair 8:35 p.m. *EXECUTIVE SESSION:The Tigard Town Center Advisory Commission may go into Executive Session to discuss real property transaction negotiations under ORS 192.660(2) (e).All discussions are confidential and those present may disclose nothing from the Session.Representatives of the news media are allowed to attend Executive Sessions,as provided by ORS 192.660(4),but must not disclose any information discussed.No Executive Session may be held for the purpose of taking any final action or making any final decision.Executive Sessions are closed to the public. Upcoming meetings of note: Thursday,October 10, 6:00 p.m.,New Tigard Triangle Community Meeting 4,Tigard Public Library Wednesday,November 13,6:30 p.m., Regular TCAC Meeting,Public Works Auditorium The City of Tigard tries to make all reasonable modifications to ensure that people with disabilities have an equal opportunity to participate equally in all city meetings. Upon request,the city will do its best to arrange for the following services/equipment: • Assistive listening devices. • Qualified sign language interpreters. • Qualified bilingual interpreters. Because the city may need to hire outside service providers or arrange for specialized equipment,those requesting services/equipment should do so as far in advance as possible,but no later than 3 city work days prior to the meeting.To make a request,call 503-718-2481 (voice) or 503-684-2772 (TDD-Telecommunications Devices for the Dea�. TOWN CENTER ADVISORY COMMISSION AGENDA City of Tigard 1 13125 SW Hall Blvd.,Tigard,OR 97223 1 503-639-4171 1 www.dgard-or.gov I Page 1 oft CITY OF TIGARD TOWN CENTER ADVISORY COMMISSION Meeting Minutes September 11, 2019 Members Present: Lucas Brook (Vice Chair),Angeline Chong, Hemendra Mathur,Tom Murphy, Tim Myshak, Kate Rogers (Chair), Ryan Ruggiero, and Faez Soud. Members Absent: Chris Haedinger, Scott Hancock, Renette Hier, and Gloria Pinzon Marin (Ex Officio). Staff Present: Redevelopment Project Manager Sean Farrelly, and Administrative Specialist Joe Patton. Others Present: N/A. 1. CALL TO ORDER Chair Rogers called the meeting to order at 6:30 pm. The meeting was held in the Public Works Auditorium, at 8777 SW Burnham St.Joe recorded the roll call. 2. CONSIDER MINUTES The August 14, 2019 TCAC Minutes were unanimously approved. Commissioner Brook abstained. 3. PUBLIC COMMENT—N/A. 4. DISCUSS AND CONSIDER RECOMMENDATION OF A NEW TIGARD TRIANGLE IMPLEMENTATION REPORT The revised draft report will not be ready until September 16. After discussions with the Engineering department, the Red Rock Creek Trail will not be studied as part of the priority projects. There are multiple things required before the Red Rock Creek Trail (RRCT) planning can take place including the development of the Clean Water Services Master Stormwater Plan for the Triangle, due to be completed in about five months. Tigard Planning staff also applied for an RFFA grant to plan the trail and will know in January if it was approved. There is also a need to balance with the funding coming in, so the RRCT will move down in the timeline. Preliminary planning for Atlanta Street, SW 70th Ave. and conceptual park design on a large undeveloped property will also be included in the study. As part of the grant, the TCAC is required to make a recommendation to the TCDA regarding the report,including any additional recommendations. Sean will send the updated draft report via email and action on this item is deferred until the October meeting. Commissioners will have a working session on September 26 in the Red Rock conference room at 6:30 p.m. to discuss their recommendations to the draft report so that action can be taken at the October 9 meeting. 5. 3RDQUARTER TCAC GOAL UPDATE Sean briefly discussed the updates included in the agenda packet. He noted the annual report to TCDA needs to be presented by December 1. Page 1 of 2 TOWN CENTER ADVISORY COMMISSION September 11, 2019 6. UNIVERSAL PLAZA DESIGN BRIEF Sean briefly reviewed the document included in the packet noting it is a guide for firms responding to the RFP to help guide their design and engineering of the Universal Plaza. The hope is to break ground in 2021. Commissioners discussed the importance of the project and the need to play an active role in its design. It was agreed to have an ongoing agenda item to discuss any updates. 7. MAIN STREET AT FANNO PROJECT UPDATE Sean reviewed the designs from Ava Roasteria. They decided to go with a 24-unit apartment design instead of condominiums. 8. LIAISON REPORTS—N/A. A. The Bond and Levy task force was reconstituted. Kate will keep Commissioners apprised of group progress. B. Two facade improvement grants were awarded, one to a new bakery in the Senat building and the other to the Eagles Lodge to paint their building. 9. NON-AGENDA ITEMS A. Metro Council has referred a Parks and Nature bond measure to voters in November. B. TCAC recruitment will be opening in October. C. Lloyd Purdy was hired as the Economic Development Manager for Tigard. 10. ADJOURN BUSINESS MEETING The meeting adjourned at 8:35 pm. Joe Patton,TCAC Meeting Secretary Kate Rogers, Chair Page 2of2 yFfr�' it i� t t�l1`f L A New Tigard Triangle ® PLANNING FOR EQUITABLE DEVELOPMENT Implementation S o 99W/e� �?� DARTMOUTH ST � 217 UN2jkFARo N Ilia �e a Ilia 3 ? A New Tigard Triangle Acknowledgements City of Tigard 13125 SW Hall Blvd Tigard, Oregon, 97223 (503) 639-4171 www.tigard-or.gov Consultant Team IM LELMD CONSULTING GROUP 610 SW Alder St, Ste 1200 Portland, Oregon 97205 503-222-1600 www.lelandconsulting.com In partnership with: Cascadia Partners Larco/Knudson The Nielson Group GEL Oregon MIG, Inc. Unite Oregon Funded by a Metro 2040 Planning and Development Grant Program. Town Center Advisory TCAC Triangle Tigard City Council/ Technical Advisory Commission (TCAC) Subcommittee Board of the Town Center Committee(TAC) Development Agency Lucas Brook Lubna Alkattan Jason Snider, Mayor Lori Faha,City of Tigard Angeline Chong Carine Arendes John Goodhouse, Steve Martin,City of Tigard Chris Haedinger Ralph "Scott" Hancock Council President Andrew Newbury, City of Tigard Ralph "Scott" Hancock Ina Adan Hassan Tom Anderson, Councilor Gary Pagenstecher,City of Tigard Renette Hier Gloria Pinzon Marin Heidi Lueb,Councilor Dave Roth, City of Tigard Hemendra Mathur Jose Alberto Moreno Liz Newton, Councilor Susan Shanks, City of Tigard Tom Murphy Kate Rogers Brian Harper, Metro Tim Myshak Faez Soud Bob Hastings,TriMet Gloria Pinzon Marin Talia Jacobson, ODOT Kate Rogers Steve Kelley,Washington County Ryan Ruggiero Chris Faulkner, Clean Water Faez Soud Services pg. i Tigard Triangle Equitable Urban Renewal Implementation Strategy ? A New Tigard Triangle Contents Introduction 1 Purpose 1 History of the Formation of the Urban Renewal Area 3 Public Engagement Summary 6 Equitable Urban Renewal & Public Involvement 6 Outreach Process &Target Audiences 6 Additional Communications Tools 9 Equitable Evaluation Criteria 9 Criteria Purpose 9 Criteria Development Process 9 Final Criteria 11 Project Optimization Process 12 Urban Renewal Projects 13 Project Details 13 Financial Constraints 14 How are the Criteria Used to Score Projects? 14 Project Scoring 15 Implementation and Action Plan 17 Implementation Program 17 Key Findings 18 Action Plan 19 Conclusion 24 Appendix 25 Tigard Triangle Equitable Urban Renewal Implementation Strategy pg. ii Introduction Communities of all sizes continually seek civic improvement. From the services they provide to the quality of their infrastructure, cities and counties go to great lengths to maximize the economic impact of scarce public dollars. However, the benefits that result from public investments do not always accrue equally. Nowhere is this more evident than in the Portland region where inequitable impacts of major public investments, such as light rail, have traditionally been reacted to rather than planned for. With its newest urban renewal' district, the Tigard Triangle URA, the City of Tigard is getting ahead of the curve. A New Tigard Triangle: Planning for Equitable Development is a community-driven urban renewal implementation strategy that enables Tigard to plan for a vibrant area where a diverse array of people of all ages, abilities, and incomes can live and work within walking distance to shops, restaurants, and parks. The strategy should ensure that urban renewal results in equitable outcomes, rather than purely acting as a driver of economic development.' This report documents this innovative approach that combines qualitative community conversations with quantitative scenario modeling to prioritize public investments and identify critical actions and recommendations for implementation. Purpose The goal of A New Tigard Triangle: Planning for Equitable Development is to provide direction for strategic public investments that support and catalyze equitable development in the Triangle that is consistent with the community's vision, ensuring that everyone has the opportunity to benefit from the area's economic transformation. The objective is to maximize the value of public urban renewal investment, leverage private sector investment, and help achieve equitable development in the Triangle, creating a healthy, vibrant, and interconnected community with a range of housing options for residents. Accountable and thoughtful public action and investment that dismantles barriers, expands opportunities, and enables access to resources will result in more inclusive economic growth, supporting quality jobs and increasing entrepreneurship, wealth, and quality of life.The result will be a stronger, more competitive city. 1 Urban Renewal is a state-authorized, redevelopment and finance program designed to help communities improve and redevelop areas that are physically deteriorated,suffering economic stagnation, unsafe or poorly planned. Z A strategy which prioritizes economic development over equity would be unlikely to satisfy the goals, needs, and desires of the greater community. Concerns over gentrification may outweigh any potential community benefit. pg. 1 A New Tigard Triangle:Planning for Equitable Development ? A New Tigard Triangle What is an Implementation Strategy? An implementation strategy is a document that guides the City's investment decisions to translate the community's "vision"for the Triangle into a "reality." It incorporates the goals and objectives of the Tigard Triangle Urban Renewal Plan, adopted by City Council in December 2016 and approved by Tigard voters in May 2017, into a set of strategic phased actions that the City should take to implement the Plan. What Makes it Equitable? Equitable development is an innovative strategy that applies Equity is defined . equity principles to public action and investment in order to support and improve the quality of life of Tigard's diverse • employment, community. In this strategy, implementation is viewed education, ' resources primarily through an equity lens and builds the framework into account the ongoing of for equitable community engagement. current and historic unequal treatment of certain individuals and An equitable strategy directs investments that benefit all groups. ability to members of the community, not just a select few, by: fully participate in the political • Increasing the supply of diverse housing types'for a cultural life of the community, and the range of affordability levels; ability to determine fundamental • Ensuring that vulnerable communities and personal and community needs are historically marginalized populations benefit from new investments in the Triangle; • Providing opportunities for area residents to build skills to secure higher-paying jobs (e.g. access to training and education); • Supporting local businesses to retain customers and employees and identify sources to secure small business assistance; and • Encouraging incremental development,so that people or organizations without access to large amounts of capital can invest in development that meets the goals of the Triangle. How is it Used? The strategy directs investment decisions and sets a clear path for implementation, providing the City with a recommended list of phased projects, prioritized by maximum equitable community benefit. Community benefit is based on a defined set of equitable evaluation criteria directly developed by the community.These criteria serve as the equitable backbone of the project upon which all projects are measured for their effectiveness in meeting the community's goals and needs. The strategy is designed to carry the community's principles through the life of this project and the urban renewal area, resulting in a fluid, opportunistic process that should be updated as community priorities shift, details about certain projects are refined, and other non-urban renewal projects arise (such as the potential Southwest Corridor light rail project). 3 The national housing crisis has given rise to the emergence of equity in planning and budgeting. Nowhere is this more apparent that the Portland metropolitan region,where housing supply has struggled to keep pace with demand—resulting in rapidly increasing housing prices and rents, and public improvements have not been invested equally throughout the region. Tigard Triangle Equitable Urban Renewal Implementation Strategy pg. 2 A New Tigard Triangle History of the Formation of the Urban Renewal Area Figure 1.Tigard Triangle Urban Renewal Area The Tigard Triangle is located in the northeast corner of the city,just east of downtown Tigard and seven miles 99W J south of downtown Portland.This underdeveloped area a comprises about 548 acres and is surrounded by high- volume highways on each side: 1-5 to the east, Highway 217 to the southwest, and Highway .. �r 99W to the northeast. rM�IH. The Triangle is well-situated within the region for access a \N a a to employment centers outside of Tigard and can support future growth. However, it lacks key infrastructure and 2 3 0 e suffers from blight and disinvestment in many areas. �T` vF4N 0 .25 0.5 mi 1 `\ Figure 2.Tigard Triangle Regional Context VANCOUVER CAWNIAS 2b FAIRVIEW HILLSBORO PORTLAND 26 GRESHAM 217 BEAVERTON 99x xn UKIE HAPPY VALLEY TIGARD LAKE-OSWEGO 99 I GLA TUAL'ATIN STONE SHERWOOD WEST LINN z OREGON CITY ILSONVILLE 0 2 mi NEWBERG Source:Leland Consulting Group,City of Tigard. pg.3 Tigard Triangle Equitable Urban Renewal Implementation Strategy New Tigard Triangle The long-range land use and development vision for the Tigard Triangle is outlined in the Tigard Comprehensive Plan and further defined in the Tigard Triangle Strategic Plan, which was developed with extensive public engagement and technical analysis in 2015.The Strategic Plan described the desired scale and design of development and identified the need for pedestrian amenities, multimodal transportation improvements, public spaces, housing, and other community amenities. The Strategic Plan recognizes urban renewal as a key strategy because of its ability to remove barriers to development and build projects that I,?'Tax Increment Financing implement the vision by utilizing tax increment financing (TIF) as a ' public source of funding. method used for ' improvementprojects. The Tigard Triangle Urban Renewal Plan was subsequently completed and adopted, establishing the 547.9-acre Triangle Urban Renewal Area With TIF, citiesdirect (30 percent of which is public right-of-way). Specifics of the Plan property included a 35-year timeframe and a maximum amount of indebtedness increases within ' defined (amount of TIF for projects and programs) of$188 million. While the areatoward economic plan identified the types of projects envisioned for the area, it did not development ' ' propose how to implement those projects. Insufficient and incomplete public infrastructure, lack of amenities, and limited connectivity have deterred private investment in the Tigardle Triangle.The creation of the Tigard Triangle Urban Renewal Area and Increment the accompanying adopted plan set the foundation for alleviating these issues. This equitable implementation strategy (A New Tigard Triangle) Alie is the next step in this process and will help remove uncertainty in the , IL Idevelopment community by creating an actionable and intentional plan for infrastructure, affordable housing, public space, and coordination between the public and private sector, indicating to the development community that the Triangle is ready for growth, while ensuring this growth occurs in a sustainable and community-based manner. Urban Renewal Projects This equitable development framework will direct revenue generated by TIF within the area to invest in projects that improve walkability, create more employment and housing opportunities, and address a variety of transportation issues. The Tigard Triangle Urban Renewal Plan outlines four specific project "buckets"—transportation, utilities, public spaces, and development assistance. 1 r Transportation (16 projects): Provide a safe and effective multimodal 1 r transportation network that supports mixed-use and pedestrian-oriented r development through improved internal connectivity, external access, and mobility; a variety of travel options; comfortable, interesting, and attractive streetscapes; and, well-managed parking options. Utilities (5 projects): Funds development of a stormwater master plan for the entire area and a greenway plan for Red Rock Creek that includes stormwater, sewer, and recreation components. Builds new stormwater Tigard Triangle Equitable Urban Renewal Implementation Strategy pg.4 ? A New Tigard Triangle facilities, repairs existing sewer lines, and extends water and sewer lines as needed to support desired development. Public Spaces, Facilities, and Installations: Creates a clear identity for the Triangle as a fun and diverse place to live and visit through the development of parks, plazas, greenways, public restrooms, recreational facilities, public art, wayfinding, gateway installations, and/or district signage. Re/Development Assistance and Partnerships:Assists new and existing ^, businesses and housing developments through fagade improvement grants/loans, streetscape improvements,technical/code/fee assistance, site assembly, site clean-up/preparation, site acquisition, and/or partnerships that facilitate housing and mixed-use developments. These project categories include funding for a variety of projects. Some of these potential projects are described below.The project fact sheets for all urban renewal projects are in the Appendix. aHighway overpass OR 217,1-5) Signage and wayfinding improvements, MORO IBM. qqspqh� Bike/ped,traffic � q Parks !y � �r r community spacesbusiness pg.5 Tigard Triangle Equitable Urban Renewal Implementation Strategy ANew Tigartl Triangle Public Engagement Summary Equitable Urban Renewal & Public Involvement Along the SW Corridor,Tigard is the first community to integrate an equitable development process with urban Equity renewal planning. "Equitable development" refers to a triple- bottom-line approach (see graphic at right)that uses multiple strategies to engage residents of all incomes, races, and ethnicities in the development processes that shape their communities. It is a development strategy that ensures Environment Economy everyone has the opportunity to benefit from an area's economic transformation by dismantling barriers and expanding opportunities. This first phase of work to create "A New Tigard Triangle" drew from a foundation of community-based leadership and aspirations for positive change as a result of investments in the Triangle. Over the course of several months, the consultant team was able to work iteratively with community stakeholders to clearly define "equitable development"for Tigard, identify specific criteria to guide equitable investments, prioritize public investments based on those project criteria, and plan for a community in which all Tigard residents and businesses are welcome and have opportunities to succeed. This process began by developing and adopting the Public Involvement and Communications Plan (PICP) and Outreach Schedule to guide work with community members and key target audiences.The primary objectives for public involvement and community outreach process included: 1. Educate. Provide a clear description of the scope and intent of the "A New Tigard Triangle" project (the Tigard Triangle Equitable Urban Renewal Implementation Strategy). Differentiate the Strategy from the many other related planning efforts underway. Show the relationship with these plans while also emphasizing that the Equitable Urban Renewal Implementation Strategy is an independent effort. 2. Build long-term capacity and support. Develop advocates and leaders who will advance the Equitable Urban Renewal Strategy in the Tigard Triangle by supporting people who engage in the process to stay involved.These community members and stakeholders will be essential to successfully implementing the Strategy. 3. Create opportunities for inclusive participation. Provide multiple and varied opportunities for a wide range of community members and partners to provide meaningful input, including youth. Reach traditionally under-represented populations who reflect Tigard's diverse community. Outreach Process & Target Audiences The project team used a variety of communications tools and techniques to engage a broad cross-section of the community, business and property owners in the Tigard Triangle, and traditionally underrepresented community members. A series of equity focus groups, stakeholder interviews, Tigard Triangle Equitable Urban Renewal Implementation Strategy pg. 6 ? A New Tigard Triangle community meetings, and meetings with the Town Center Advisory Commission Subcommittee (TCAC Subcommittee) were held over several months to gather critical input and vet conclusions (discussed in detail below). For all key meetings, Unite Oregon, a community-based organization, led the community- based outreach and recruitment process; Leland Consulting Group, MIG and Larco/Knudson facilitated presentations, activities, and discussion.The City of Tigard supported all efforts through communications platforms, presentations, and materials translation and translation services at meetings. Figure 3. Public Engagement Timeline Phase 1 Phase 2 Public Public Public TCAC Sub. TCAC Design,cost estimating,property&redevelopment Meeting Meeting Meeting TAC Mtg. Mtg. consulting,continued public engagement Focus Groups, TCAC Final Project Stakeholder Subcommittee Implementation Add'I Public Continuing Community —� Kickoff Interviews Meeting Strategy&Plan Mtgs Meeting Involvement Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb 2018 2019 2020 Equity Focus Groups (2 Meetings) In February,two equity focus groups were convened to develop the equity lens for urban renewal investments within the Triangle. One focus group was composed of racially diverse community members; one group was composed of small and minority-owned businesses in the Triangle and Tigard.The feedback from these focus groups was used to develop a definition of equity that is unique to Tigard and could be used to help develop equity-based evaluation criteria and investment priorities. Input and discussion from both focus groups were captured on one large wall graphic (sample provided below, and full graphic provided in the Appendix as Exhibit 4; additional definitions are also provided as Exhibit 1). _t twnwz. y �� fy�,41ii�4pyf,G~ '�` -'�'I�...t�ctXLl�f3D i t'��•� ifty -'E- pg.7 Tigard Triangle Equitable Urban Renewal Implementation Strategy A New Tigard Triangle Stakeholder Interviews (5-10 Interviews) These small-group and one-on-one interviews with property owners and local businesses helped identify development opportunities and challenges. They offered a direct line of communication with stakeholders who are intimately knowledgeable about the Triangle and helped the team understand development potential within the urban renewal area. Town Center Advisory Commission Subcommittee (3 Meetings) The TCAC Subcommittee was a project-specific advisory subcommittee that included representatives from the Town Center Advisory Commission and SW Corridor community leaders.This group played a critical role in the development of the prioritization criteria. The full Town Center Advisory Commission will have an ongoing role in the process. Meeting 1 (April 2019): Reviewed seven Equitable Development Criteria, and developed weighting of Criteria. Meeting 2 (June 2019): Reviewed and provided feedback on Draft Project Prioritization for urban renewal investments, brainstormed the desired community benefits from new development. Meeting 3 (August 14): Full Town Center Advisory Commission meeting to review Project Prioritization. Community Meetings (4 Meetings - 3 Held to Date) These large-scale community events were designed to support broad outreach and provide an open opportunity for community engagement and input to the equitable development process Meeting 1 (January 2019): Focused on the impacts of gentrification, this event featured the film "Priced Out" and identified the causes and consequences of rent burden and inequitable development. A panel discussion was led on how to minimize/ prevent displacement and raised awareness about this project, Recruited participants for Equity Focus Groups and Community Meetings. Approximately 100 participants attended. Meeting 2 (March 2019): Community conversation on _ 4F equity and what it means to the Tigard community. t "' w Reviewed, confirmed and prioritized equitable criteria and input from Equity Focus Groups. Provided feedback ,. on prioritization of community issues on wall graphic. Approximately 80 participants attended. o,� Meeting 3 (May 2019): Reviewed Equity-based Selection Criteria. Identified Project Priorities for urban renewale funding. Completed budgeting exercise to further refine o investment prioritization. Approximately 35 participants attended. Meeting 4 (TBD): Scheduled for October 2019 to review Phase 1 project. Tigard Triangle Equitable Urban Renewal Implementation Strategy pg. 8 ? A New Tigard Triangle Community Meeting Wall Graphic k- Okm Vel 4�� brwd✓J � l � �`_^ �Y" RY, , I�ege[roaT T_1_72 9+o�_ +T Additional Communications Tools Throughout Phase 1 of the A New Tigard Triangle project(the equitable implementation strategy), community events and project milestones were publicized through a variety of platforms and mediums: • Community Flyers and Translated Meeting Announcements • City project webpage • City engagement website (surveys, ideas, comments) • City and consultant social media: Facebook,Twitter, Next Door, Instagram • Local Media (press releases,TV, radio, Radio Tonali, advertisements, stories) • Cityscape (City newsletter) • Citywide and targeted mailings • Community newsletters and mailings Equitable Evaluation Criteria Criteria Purpose The equitable evaluation criteria are the standards against which all urban renewal projects are scored, serving as the foundation of the prioritization process.The criteria were developed directly by the community with input facilitated by the project team and reflect the priorities, goals, and needs of the community. As such, they are fundamental to achieving equitable outcomes. Criteria Development Process Rather than starting from scratch,the community was provided with an established list of goals and objectives from the Tigard Triangle Urban Renewal Plan (2016) and the Metro-led Southwest Corridor Equitable Development Strategy(SWEDS). While the Tigard Triangle Urban Renewal Plan is the guiding policy document for the district and establishes the urban renewal projects to be implemented within the Triangle (it is therefore assumed pg.9 Tigard Triangle Equitable Urban Renewal Implementation Strategy ? A New Tigard Triangle that selected projects would satisfy the Plan's objectives),the SWEDS,'on the other hand, was developed through an equity-focused, regional public engagement process. Given the similarities to the desired criteria development process in A New Tigard Triangle and the familiarity of the Southwest Corridor project to many members of the community, the SWEDS goals and Urban Renewal Plan goals and objectives provided an established platform on which to build equitable evaluation criteria that were tailored to the needs of the Tigard Triangle and the broader community. The development process evolved throughout several meetings and public engagement sessions. As the previous section identified,these meetings included community meetings,targeted focus groups, and TCAC subcommittee meetings, as summarized in the previous section. Figure 4. Criteria Development Process Focus • • Public TCAC 7 Meetings Subcommitee UrbanMeetings rp Principles • • ` Renewal L Plan Goals Refineme* i • GoalsThemes Criteria SWEDS L.._ w L, —,A A draft set of criteria were developed by the TCAC Subcommittee from these principles and themes and further defined and refined by the community during various activities at public events and meetings. Early iterations of the criteria served as the foundation upon which the community could build a final set of criteria that was representative of the Triangle's identity, diversity, and needs. Continuing to refine the criteria with the community throughout the life of the urban renewal area remains integral to retaining equity as a central focal point of project implementation. 'The Southwest Corridor Equitable Development Strategy(SWEDS) (2018) is part of the Southwest Corridor Plan and strives to ensure that individuals and families continue to live,work and thrive in the Southwest Corridor as major investments are made.While the Urban Renewal Plan is founded in traditional economic development principles, including the SWEDS principles helps to reframe the project narrative with an equitable focus,while retaining a regional perspective. Tigard Triangle Equitable Urban Renewal Implementation Strategy pg. 10 ? A New Tigard Triangle Ultimately, this process helps align evaluation criteria with the urban renewal plan objectives so that they function as a unified evaluation framework, and also ensures that the resulting project list is grounded in the community's vision and needs for the Triangle. Final Criteria After much refinement,the TCAC Subcommittee agreed on a final set of criteria, which was subsequently vetted and finalized at a public meeting.These criteria are presented below. Equitable Evaluation Criteria Improves environmental conditions d builds infrastructure capacity. Supports the preservation and creation of affordable housing. 4.'- Supports a safe and effective multimodal transportation network that improves access and connectivity, supports mixed-use development, and supports the most vulnerable users. Supports the development of welcoming and safe public gathering spaces for every member of - broader community. Reduces residential and business displacement and prevents gentrification. Supports the development of a healthy, safe and sustainable regional destination known for its diversity of activities, people, and Advances equitable economic opportunity through development assistance. Criteria Weighting Establishing evaluation criteria is a critical component in identifying community needs and desires.Almost as important, however, is ranking the resulting criteria to reflect the community's highest priorities. In order to understand these priorities,TCAC Subcommittee members were engaged in a facilitated activity where they were allocated tokens and asked to weight the criteria based on their priorities.The resulting weighting is presented below and was also vetted by the community at a public meeting. Figure 5.Weighting of Final Criteria Environ.Conditions& Infrastructure 24% Affordable Housing 20% Multimodal Transportation 15% Public Gathering Places 12% Reduces Displacement, Gentrification 12% Regional Destination, Diversity 12% Equitable Economic Opportunity - 5% This weighting is directly incorporated into the project prioritization process so that urban renewal projects that score highly on the higher priority criterion (e.g. environmental conditions and infrastructure) achieve more "benefit points" within the optimization model are prioritized over projects that score high on lower-priority criterion (e.g. equitable economic opportunity). pg. 11 Tigard Triangle Equitable Urban Renewal Implementation Strategy ANew Tigard Triangle Project Optimization Process Purpose The project optimization process prioritizes projects based Optimization on how each project scores against the ranked criteria. Maximize project _ _ The optimization process is a defined, financially equitable constrained model, with a limited number of inputs. Inputs resulting project list accurately reflected include: the vision • priorities of community • Project costs (urban renewal share and total constraints of • cost), the technical project •- • Project start years (timing), The analysis helps provide a succinct • Financial constraints (budget), depiction of how and where to prioritize • Criteria scoring, and public investment to achieve maximum • Criteria weighting. community benefit shortest The model is financially constrained within a budget, possible based on a TIF forecast that incorporates the impacts of anticipated private development on assessed taxable value. The resulting phased project serves as the backbone of the urban renewal project implementation strategy.Through this process, projects that are fundamentally more equitable will be prioritized (i.e. projects are optimized by maximum community benefit), whenever it is financially feasible and reasonable to do so within the budgetary and timing constraints Model Inputs Model Output Criteria Scoring Project Criteria FinancialProject Startf ConstraintsYears • • - Year Tigard Triangle Equitable Urban Renewal Implementation Strategy pg. 12 ? A New Tigard Triangle Urban Renewal Projects As highlighted earlier in this document,the 2016 Urban Renewal Plan identifies 23 specific projects: 16 transportation (roads, overpasses, intersections, overpasses, and trails),five utilities(water, stormwater, and sewer), and two broad buckets of funding for"Public Spaces, Facilities, and Installations" (Parks) and "Re/Development Assistance and Partnerships" (Development Assistance). A full list of these projects, including brief descriptions and estimated cost, is provided in the appendix. While most of these projects are geographically defined, parks, development assistance, and a small selection of spatially undefined transportation (T8,T10,T14) and utility projects (PU5), are not. For optimization modeling purposes, these four transportation and utility projects were wrapped up into a single opportunistic fund along with development assistance. Parks remains an independent funding bucket, and a substantial portion of funding for development assistance is specifically called out to support affordable housing.These funds are intended to be available as and when needs and opportunities arise. Each of these three funding buckets were portioned up into smaller projects over the life of the urban renewal area, as described below. Doing so allows the model to optimize these projects in a way that more realistically reflects how funding will be distributed, thus showing how these funds might be available to the city to address the emerging needs of the Triangle and wider Tigard community. Opportunistic Investments Opportunistic investments include funding for direct development assistance and transportation and infrastructure projects that are to be implemented throughout the area, such as modified or new streets and signals.The model assumes three levels of funding for opportunistic investments: major, moderate, and minor. Major investments are assumed to be major capital projects or other significant investments, like land acquisition. Minor investments are assumed to fund a variety of studies, concepts, and analysis, or provide seed funding for larger projects. Parks The model analyzes three levels of investment(major, moderate, minor)for parks and public space throughout the 35-year life of the plan. Here, it is presumed that a "major" investment would accommodate the development of a major park, "moderate" investments would account for land acquisition and/or development of a smaller park, and a number of"minor" investments could be for a variety of infill opportunities, installations, or smaller land acquisitions. Affordable Housing Affordable housing, considering its importance to the community, is specifically called out as a separate project (previously included within the redevelopment assistance funding bucket). Like parks and opportunistic funds,three levels of funding is presumed for affordable housing, ranging from major investments (e.g. major land acquisition)to seed funding and/or planning assistance. Project Details Each of the urban renewal projects include details pertaining to timing and cost estimates. Representatives from pertinent public agencies and government departments were engaged as part of a pg. 13 Tigard Triangle Equitable Urban Renewal Implementation Strategy ? A New Tigard Triangle technical advisory committee (TAC)to provide these details. Details were subsequently captured in the "Project Fact Sheets" provided in the Appendix. Project Timing.Variables include the earliest and latest a project can start and the • duration of the project(up to five years). Some of these variables are tied to other urban • l • renewal projects and other regional efforts impacting the Triangle (such as light rail or • Hwy 99W improvements), and thus dependencies are highly relevant. Project Cost. Cost is a critical input for the model.This includes total project cost and the estimated urban renewal cost. However,the model only takes into account the urban renewal cost. Financial Constraints The primary constraint that applies to the entire model is the maximum indebtedness of the urban renewal district($188 million) and the life of the plan (35 years), whichever comes first.At a finer grain, project spending is constrained by the amount of money available to the City at any given time.All revenues for implementing projects must be generated from tax increment financing(TIF) within the urban renewal area, and as the area is still in its early years,there is a lower amount of TIF at the City's disposal for projects. As more investment occurs in the Triangle, more TIF will be generated and available to the city for new projects. The Urban Renewal Finance Plan (see Appendix) provides projected TIF generation for the area.The Finance Plan assumes that the assessed valuation on existing properties within the Triangle will increase at or near the 3.0 percent(2.9 percent) limitation.5 In addition to the regular, inflation-related increases in the total assessed value within the Triangle, the plan assumes that the total assessed value will increase as a result of new development due to various public sector investment in utilities,transportation, and other projects and programs.To account for the total increase of assessed value within the Triangle, building permit activity and information from the market analysis establishes a foundation of growth of approximately 3.0 percent, in addition to the 2.9 percent annual growth anticipated for existing properties.6 The optimization model also factors in the ability to bond. Bonding allows the city to borrow more money in advance of significant TIF generation to ensure that maximum community benefit and equitable outcomes can occur in the shortest possible timeframe. How are the Criteria Used to Score Projects? Each of the Urban Renewal projects is scored against the criteria. Scoring the projects provides the opportunity to conduct a like-for-like comparison of each project's total perceived benefit to the I Assessed value is limited to annual increases of 3.0 percent on existing properties, on a property-by-property basis, by Measure 5(State of Oregon). 6 A higher rate of growth is expected to occur as a direct result of the strong regional economy,the City's direct efforts to encourage investment,the presence of the urban renewal area and the associated incentives available, the Triangle's designation as an Opportunity Zone,the underdeveloped nature of the Triangle and tax abatement programs(such as the city's Vertical Housing Development Zone program),among other reasons. Tigard Triangle Equitable Urban Renewal Implementation Strategy pg. 14 ? A New Tigard Triangle community, despite the profound differences between each project, and independent of financial or timing constraints. Projects that are considered the most beneficial to the community within the context of the criteria will be prioritized where possible, as these are the equitable principles upon which the project is based. Due to the lack of comprehensive information and the undefined nature of many of the projects, a qualitative scoring scale of"high, medium, low" is used, with the graphic at right showing the ranking weight of each score. Using high, medium, and low scores also enable the stitching together of qualitative and quantitative scoring metrics in order to provide ' a like-for-like comparison of project performance. The model also presumes all projects will have a positive f • impact.The "low" score is used for projects where the criteria do not apply or the project's impact on the metrics in the criteria is negligible. This simplified qualitative scoring scale provides for ease of use and avoids implying a greater degree of scientific accuracy than exists. Project Scoring Scoring the projects against the community-developed evaluation criteria is integral to the project's equitable core.The scoring process also provides the City with a clear direction for where to direct public investment that is not simply due to financial reasons. To score the projects, both quantitative and qualitative metrics were developed for each criterion. Each project was subsequently scored based on how it fared against these metrics. This scoring process, as well as how it fits into the broader project timeline, is summarized below. Developed Established Evaluated Developed Modeling UrbanEvaluation Detailed ainst Financial Scored Projects • . Criteria Renewal Criteria I List (Budget) Project List Quantitative Scoring The quantitative scoring analysis was provided by Envision Tomorrow, a scenario planning tool that allows users to analyze how their community's current growth pattern and future decisions may impact a range of measures from public health, fiscal resiliency, to environmental sustainability. Scenario modeling provides the opportunity to produce parcel-level redevelopment as well estimates (and the associated impact on the surrounding area) as numerous "analysis metrics" by which each project outcome is evaluated.The choice of metrics is driven by the project's guiding principles developed during the public engagement sessions and by the project consultant team (see next page). Each "analysis metric" coincides with the equity principles and criteria and can be considered either pg. 15 Tigard Triangle Equitable Urban Renewal Implementation Strategy ? A New Tigard Triangle catalytic or direct! For example, "results in cleaner rivers and streams" is an analysis metric with a direct impact, whereas "supports incremental development"would be considered catalytic. Qualitative Scoring Projects were scored quantitatively using Envision Tomorrow wherever possible. However, this is simply not feasible for some geographically undefined urban renewal projects, such as redevelopment assistance, parks, affordable housing, and opportunistic projects relating to streets and other infrastructure. Instead,the project team relied upon knowledge of market trends, industry expertise, and other research to make informed decisions about the impacts these projects might have within the context of the criteria. Scoring Metrics The community had a direct role in identifying potential analysis metrics for each criterion which could be used to measure the community benefit of each project.These metrics are shown below. -Change in environmental impact • • • • •Improves wastewater management •Results in cleaner rivers and streams •Increased infrastructure capacity •Supports additional housing investment _ •Increases net new housing capacity • • • • •Supports affordable housing potential •Supports employer retention potential •Safer connections&routes •Multimodal access to transit ••. •• • •Multimodal access to key destinations •Mixed-use development potential •Connections to/from parks,open space -Access to public amenities • -Access to open space •Proximity to walkable streets -Supports diversity/community Reduces Dis• •Lower employee displacement potential Gentrification •Lower residential displacement potential -Gentrification mitigation potential •Mixed-use development potential • • - • •Pedestrian access and safety •Bicycle access and safety •Increases activity density •Supports incremental development • •• • • •Increases development prospects ••• •Increases housing unit capacity •Increases employment capacity Catalytic impacts have the potential to impact the development prospects of the surrounding property and catalyze additional development. Direct impacts directly affect infrastructure or the built environment. Tigard Triangle Equitable Urban Renewal Implementation Strategy pg. 16 >,<-r, A New Ti g a rd Tri a n I e Implementation • • Action Plan Implementation •• • 2020-2025 • Atlanta Avenue New Street Phase 1 • Hwy 99W Modified Street • Parklnvestments(Minor,Moderate—acquisition,design,etc.) • Affordable Housinglnvestments(Minor—land acquisition,etc.) • Opportunisticlmprovements(Minor) • 72"d Avenue Modified Street Phase 1 (North of Dartmouth) • Transportation Study 2025-2030 • Atlanta Street/68t"Avenue Modified Intersection • Red Rock Creek Trail Phase 1&Sewer/Stormwater Improvements • Regional Stormwater Facility • Affordable Housing Investments(Moderate) • Septic System Upgrades(Sewer improvements) • Opportunisticlmprovements(Moderate) 2030-2035 • Regional Stormwater Facility • 72"d Avenue Modified Street Phase 2 (South of Dartmouth) • Affordable Housing Investments(Major) • Opportunisticlmprovements(Minor) • Park lnvestments(Minor,Major—development) 2035-2040 • Opportunisticlmprovements(Moderate,Major) • Hwy 99W/68th Avenue Modified Intersection • Park Investments(Minor) • Atlanta Avenue New Street Phase 2 • Parking Management Plan pg. 17 Tigard Triangle Equitable Urban Renewal Implementation Strategy • Regional Stormwater Facility • 72�d Avenue Modified Street(Hwy 217 Overpass) 2040 + • Overpasses(3): Hwy 217 at Beveland;I-5 at Beveland & Red Rock Creek • Opportunistic Improvements(Major) • Affordable Housing Investments(Moderate,Major) • Red Rock Creek Trail Phase 2 &3 • 74t"Avenue New Street • 99W/Hwy 217 Modifiedlnterchange ? A New Tigard Triangle Project Phasing While the 2016 Urban Renewal Plan provides a portfolio of projects to be implemented over the course of the life of the plan, there is little guidance on equitable outcomes, dependencies, phasing, or timing. The project optimization process described previously—which has included the development of equitable evaluation criteria and a comprehensive optimization modeling tool—ensures that the resulting implementation strategy prioritizes the community's equity goals to the highest degree possible while respecting the budgetary and timing constraints of the urban renewal area and each of its projects. While most projects will take less than five years to implement, many projects and general investments will span the life of the plan. In order to model these projects in a way that reflects a more realistic timeline, specific information pertaining to phasing and segmentation is required. For example, the technical advisory committee (TAC) provided guidance on which projects needed to be split into multiple project phases.A full implementation matrix is provided in the Appendix and reflects these decisions.Any project including details about a "phase" has been split into multiple phases based on recommendations from the TAC. Key Findings Key findings pertaining to the outcomes of the prioritization process and project phasing are as follow. These include key takeaways and trends that are consistent regardless of changes to growth projections and project timing inputs. • While near-term priority is given to larger transportation and infrastructure projects that build development capacity in the Triangle, early investments for parks, affordable housing, and development assistance are also prioritized.This is likely to take the form of land acquisition in preparation for development in later years, or as opportunistic transportation and infrastructure investments that would otherwise fall to developers. • As development capacity increases and the urban grid improves as a direct result of infrastructure and transportation investments, development interest is likely to increase. At such time, major investments for affordable housing projects and development assistance are likely to help incentivize higher-density development types in the mid-term. Having these investments available throughout the next two decades will equip the city with the tools to react to specific equity-driven needs that emerge over the next two decades. • Existing and coordinated (multi-jurisdictional) efforts identified by the TAC as having significant importance to many of the urban renewal projects are underway and provide the impetus for up- front investment. In many instances, urban renewal funding provides only a small part of the total project cost(seed funding)for larger projects, which therefore drive project timing. For example, early multijurisdictional discussions are underway regarding Highway 99W improvements, and TriMet's Southwest Corridor project is set to have a major impact on the Triangle (if funding is obtained). Other existing efforts are focused on stormwater, recreation, and 72nd Avenue. • Envision Tomorrow modeling shows the synergistic potential of implementing two or more projects together. For instance, Red Rock Creek improvements become much more catalytic and impactful for pedestrian and bicycle circulation if combined with other nearby pedestrian street improvements. • Envision Tomorrow modeling indicates that some projects yield large impacts in certain categories, while others yield few. For instance,while the Highway 217 overpass at Beveland has Tigard Triangle Equitable Urban Renewal Implementation Strategy pg. 18 New Tigard Triangle a relatively large impact on safe walk and bike routes to key destinations, neither of the other two proposed overpasses makes much of an impact in this regard. Guiding Recommendations As a result of the analysis, several strategic approaches to implementation became clear, which should guide the City's implementation going forward: • Support Clustered Development: Leverage existing efforts in the northeast of the Triangle, supporting the emerging development cluster in that area bordered by 99W, 72 d Ave, Dartmouth, and 68th. In doing so, not only is a community activity center created, but it also draws the development community to a focal point that demonstrates the Triangle's potential. • Support Housing: Invest heavily in infrastructure to create a roadway grid with sewer and stormwater infrastructure to attract development, particularly housing. Specific incentive packages for affordable housing should be staggered throughout the life of the plan, with funding available for targeted land acquisition and direct development support up front, and more substantial investments in the mid- and long-term as development patterns become clearer and the supply of land for specific housing needs more clearly emerge. • Parks and Open Space: Pursue land acquisitions in the near-term for future park development. Land costs are likely to increase annually as the market improves. While this should be an intentional and strategic process, there may be opportunities to purchase land as and when it becomes available. Park development should be supported by major investments over the mid- term as the population of the Triangle increases and public space needs and desires are more clearly defined. As the Triangle redevelops and the supply of underutilized land dwindles, small- scale infill park investments (e.g., pocket parks and infill projects) should also occur in the long term. • Opportunistic Investments in transportation and infrastructure (e.g. new and modified streets and signals throughout the Triangle) are likely to be minor in the near-term as new development absorbs land with the highest development capacity. • Group Stormwater and Sewer Infrastructure Improvements with Red Rock Creek: Stormwater, sewer, and trails are priority projects. However, the implementation should be postponed until the mid-term, when there is more clarity from Clean Water Services and other agencies about existing efforts. Uncertainty about the timing of the redevelopment of some private property that impacts Red Rock Creek adds to the need for postponing project implementation. • Long-Term Overpass Projects. Major projects, such as the three overpasses listed (four including the 72 d Avenue Highway 217 overpass), are currently very long-term projects, many of which largely depend on significant regional planning and transportation efforts, such as light rail. Depending on the result of these efforts, urban renewal funding for one or more of these overpasses may need to be spent over a shorter time frame. Action Plan This section provides direct guidance for specific projects and actions to be implemented in the short- term (i.e., within the next five years). These actions include high-priority urban renewal projects as presented above, as well as supporting actions that will improve development conditions while driving equitable outcomes. pg. 19 Tigard Triangle Equitable Urban Renewal Implementation Strategy ? A New Tigard Triangle Table 1. Implementation Matrix " • • • M. 1 1 1 1 1 1 1 Atlanta Street New Street Phase 1 Hwy 99W Modified Street Affordable Housing Investment Transportation Study Park Investments 72"d Ave Modified Street (N of Dartmouth) Opportunistic Investments Atlanta Street&68th Modified Intersection Red Rock Creek Sewer/Storm &Trail (Ph1) Regional Stormwater Facility Septic System Sewer Upgrades Development Assistance Guidelines Market to Development Community Identify Outside Funding Sources Coordinate with TriMet, ODOT, &CWS Engage Community& Build Leadership Continue to Update Implementation Plan Explore Opportunities for Land Acquisition Implement Actions from the Strategic Plan Engage Significant Property Owners Legend Study; Design and Engineering Implement Program or Build Improvement Continue; Ongoing Action Short-Term Urban Renewal Projects The projects listed in the matrix above are described in more detail, as follows. Atlanta Street New Street Phase 1. Extend Atlanta Street west from 69th Avenue to 72nd Avenue. A second phase which extends Atlanta west from 72nd is proposed and will occur after the theatre property is ready to redevelop. Phase 1 is related to potential parks projects, development projects,the SW Corridor, 72nd Ave and Red Rock Creek, which may all provide additional impetus for project development. Hwy 99W Modified Street. Implement access management strategies and median projects in Hwy 99W Plan, including additional pedestrian crossing locations. Urban renewal can provide upfront seed funding. ODOT and the surrounding cities should be engaged to identify specific needs and timing. Affordable Housing Investment.Assist with new and existing housing developments through streetscape improvements, technical/code/fee assistance, site assembly, site clean-up/preparation, site acquisition, and/or partnerships that facilitate affordable housing developments. Early investments and quick wins Tigard Triangle Equitable Urban Renewal Implementation Strategy pg. 20 New Tigard Triangle may include more technical assistance and streetscape improvements than site acquisition, although affordable housing needs should first be clarified and then strategically met through these funds. Park Investments. Develop parks, plazas, greenways, public restrooms, recreational facilities, public art, wayfinding, gateway installations, and/or district signage to create a clear identity for the Triangle as a fun and diverse place to live and visit. Community members identified the need for public spaces where everyone feels welcome. More parks and open space are needed throughout the Triangle, and this need will surely increase as more residents move into the area. The Strategic Plan identified a need for up to two neighborhood parks in addition to the natural amenities in the Triangle, and the pedestrian, bicycle, and trail networks within the Triangle are essential for connecting the park space and various parts of the Triangle to one another, as well as for providing regional connections to the larger bicycle and pedestrian system that will connect existing and future neighborhoods to services, recreation, and transit. Early investments in parks,trails, and open space would ideally implement quick wins and short-term projects identified in the parks and recreation master plan for the Triangle.This may require funding for land acquisition or direct improvements. 72nd Avenue Modified Street(North of Dartmouth). Improvements to 72"Avenue will vary and may include intersection modifications, streetscape, and other components. An initial phase from Dartmouth to Hwy 99W has been identified as particularly important in the near-term. Opportunistic Investment. Provide assistance to new and existing businesses and housing developments through facade improvement grants/loans, streetscape improvements, technical/code/fee assistance, site assembly, site clean-up/preparation, site acquisition, and/or partnerships that facilitate housing and mixed-use developments. Program development can emphasize prioritizing opportunities for local, disadvantaged residents and businesses. Early opportunistic investments are likely to concentrate near Red Rock Creek and 72nd Ave where development activity is currently happening. Support this market momentum by continuing to improve connectivity and access through transportation and infrastructure improvement that is partnered with new development. Transportation Study.A study to periodically (approximately every five years) evaluate the functioning of the transportation system to refine the scope of various transportation projects and inform project prioritization. Mid-Term Urban Renewal Projects The projects listed in the matrix above are described in more detail, as follows. Atlanta Street&68th Avenue Modified Intersection. Includes new traffic signals and turn lanes as needed. Relates directly to the Atlanta Street project. The potential SW Corridor project could also provide the impetus for mid-term construction, especially because of the low cost, despite scoring relatively low against criteria. Red Rock Creek Sewer/Stormwater Infrastructure and Trail (Phase 1). A combination of two projects in Red Rock Creek, stormwater and sewer infrastructure improvements would be combined with the first phase of a trail development to focus investment and increase efficiency.This initial phase is of particular importance, specifically located in the eastern section of the Triangle. pg. 21 Tigard Triangle Equitable Urban Renewal Implementation Strategy New Tigard Triangle The Red Rock Creek project represents the backbone of the Tigard Triangle. This complex project includes a trail and associated recreational development in addition to stream restoration, and addresses scouring issues along with the existing sewer trunk and stream restoration necessary to reduce the stormwater flows in the stream bed.These stormwater flows are a multijurisdictional issue because much of the stormwater velocity originates within the Portland city limits, east of the Triangle. Stormwater Regional Facilities. Construct approximately three regional stormwater facilities to meet the new Department of Environmental Quality (DEQ) regulations for water quantity management. A near- term phase would involve an initial regional facility, likely tied to Red Rock Creek. Septic System Sewer Upgrades. Extend public sewer system to areas served by private septic systems. Specific projects will be included in a Sewer Master Plan and could be redevelopment or urban renewal agency initiated. Other Actions Develop Development Assistance Guidelines. As momentum builds in the market and the Triangle sees an increasing rate of new development, the City of Tigard will selection parameters to determine eligibility for development projects that receive urban renewal funding or other assistance through the program. A threshold should be tied to a staggered incentive package which rewards desired elements identified by the community. Project elements could include sustainability components, opportunities for women/minority/disabled owned businesses/contractors, public amenities, etc. Market Guidelines to the Development Community. Simply developing these standards will not incentivize new equitable development.Targeted marketing efforts to prominent developers and brokers by the City's staff person responsible for the Triangle. Conducting preliminary engagement sessions with these stakeholders would also provide guidance on whether these guidelines would be effective in driving equitable outcomes or simply inhibit new development altogether. Identify Outside Funding Sources. Any additional non-urban renewal funding that can be used for projects within the Triangle allows the city to implement projects over a shorter period of time. Funding may be sourced from ODOT, Metro, Washington County, philanthropic sources, and other state or federal agencies. Coordinate with TriMet, ODOT, and Clean Water Services(CWS).There are major regional transportation and transit projects that are independent of those in the Triangle. Of these, the most significant is the Southwest Corridor light rail project, which will provide the Triangle with two stations and significantly improve transit access. Beyond the Southwest Corridor, there should be frequent contact with ODOT to ensure that urban renewal funding for projects relating to Hwy 99W and Hwy 217 leverages additional efforts on these routes. Further, as the region's water resource management utility, CWS is likely to have a particular interest in the Triangle's stormwater and water infrastructure projects, especially regional stormwater facilities, and thus should be engaged. Ultimately, the availability of urban renewal funding may impact the prioritization of certain CWS, ODOT, and TriMet projects, so regular communication is highly important. Engage Community and Build Leadership. In order to continue building towards equitable outcomes, there should be ongoing community engagement with community based organizations committed to Tigard Triangle Equitable Urban Renewal Implementation Strategy pg. 22 New Tigard Triangle equity.The goal, however, should be to identify and support the development of community leaders to push equitable goals for the long term. Continue to Update Implementation Plan.This plan is intended as a fluid process to be updated at least every five years as urban renewal projects and regional efforts (such as light rail) are completed, new project details arise, and the community's priorities and criteria shift. Continuing community involvement will assist the city in identifying how and when the plan should be updated. Explore Opportunities for Land Acquisition. The Triangle currently has a substantial amount of underutilized land which is poised for new development. However, there are several significant projects that would benefit from early land acquisition.These projects include parks, particularly a major park, and affordable housing, which the City could directly incentivize with a land write-down and/or via a public- private partnership, for example. Implement Tigard Triangle Strategic Plan Actions.The projects identified by the Urban Renewal Plan are the recipients of tax increment funding, as described earlier in this report. However, there are many other actions—particularly organizational actions—in the Tigard Triangle Strategic Plan that are not in the Urban Renewal Plan, and therefore must be funded by non-TIF funding sources.The City should continue to seek funding, if necessary, for these actions and implement them in conjunction with the near-term urban projects identified in the action plan as opportunities arise. Non-urban renewal project actions include: • Explore the creation of a Local Improvement District;Triangle Business/District Association; Business Improvement District; and/or Economic Improvement District. • Continue to seek public-private partnerships, which may lend themselves to desired developments identified throughout this project, such as business incubators and community spaces. • Continue to facilitate grants and loans from other government agencies such as Metro,TriMet, State of Oregon, and various federal agencies Engage Significant Property Owners.The Triangle is home to many prominent underutilized parcels, as well as key redevelopment sites which will play a key role in establishing the Triangle as a mixed-use, diverse, and thriving destination. These property owners should be engaged as early as possible. Many of the funding sources—including urban renewal funds—and tools available to the city should be marketed at this time. For certain property owners, urban renewal money could serve as catalyst seed funding that kickstarts redevelopment. pg. 23 Tigard Triangle Equitable Urban Renewal Implementation Strategy ? A New Tigard Triangle Conclusion This strategy aims to implement the projects in the Urban Renewal Plan, prioritized through an equitable prioritization process. Near-term projects help support and catalyze equitable development in the Triangle that is consistent with the community's vision, while maximizing the value of public urban renewal investment, leveraging private sector investment, and helping to achieve equitable outcomes in the Triangle. The process was founded on equitable evaluation criteria, developed through an innovative, community- driven process, resulting in a prioritized project list that is fair but financially feasible and realistic. Developed Established Evaluated Developed Modeling of Next Steps:Evaluation Detailed Urban Projects Against Financial Scored Projects DeCriteria Renewal Project Criteria Constraints for Prioriti; Project List (Budget) Project List Implementation sign,Early the implementation of these projects through accountable public action and investment is likely to support a healthy,vibrant, and interconnected community with a range of housing options, quality jobs, and inclusive economic growth.The result will be a stronger, more competitive city. Next Steps The next phase of this project will see preliminary designs and engineering and program development conducted for near-term, high-priority projects.These projects are also to be adopted into the City's Capital Improvement Program (CIP) and form part of the Triangle's infrastructure investment plan. The community and stakeholder involvement focus that has been a primary driver of the process thus far will continue into this next project phase. Proactive public engagement at key intervals will help ensure the strategy remains inclusive and the resulting projects continue to be grounded in equity principles. Finally, it is important to note that this implementation strategy is intended to be updated by the city every four to six as new information arises relating to market conditions, project costs and other details, and evaluation criteria.The relative weighting of the evaluation criteria (which reflects the existing community's priorities) may change, or entirely new criteria may arise as the community's priorities, needs, and desires shift. Tigard Triangle Equitable Urban Renewal Implementation Strategy pg. 24 Agenda item 6: For reference on Annual Report discussion TCAC 3rd Quarter Goal Update Goal Update Aspirational Goal • A New Tigard Triangle project phase 1 nearing Facilitate opportunities for development that completion. promotes walkability, equity, and connectivity across both urban renewal districts. 1. Downtown • Main at Fanno milestone progress Identify new revitalization projects& drive • Projects with UR Improvement grants completed existing projects to completion in the and 2 new grants awarded Downtown Urban Renewal District • Senior Center affordable senior housing developer selected and development agreement negotiations underway • TSHT under construction • Universal Plaza-Gehl Studios work; Owners Rep consultant selected; design and engineering RFP to be released in late September • Main St. Green Street design and engineering consultant- negotiations with new consultant underway 2.Tigard Triangle • Three community meetings held on A New Tigard Participate in the development of the Tigard Triangle project Triangle Equitable Urban Renewal • Three TCAC subcommittee held to discuss criteria Implementation Project for UR projects • Draft Implementation Plan with top ranked projects reviewed by TCAC and TCAC Subcommittee 3. SW Corridor • Briefing on SW Corridor scheduled for October Consider, investigate and recommend . TCAC Letter sent to TriMet in support of multi-use specific planning components associated with path the adopted SW Corridor alignment and station locations in both downtown and the Triangle 4.Affordable Housing • Senior Center affordable senior housing Recommend specific programs and policies to developer selected and development agreement City staff and Council that directly affect, negotiations underway support and encourage the development and • CPAH Red Rock project groundbreaking October preservation of affordable housing 1. downtown and in the Triangle . Two other affordable housing projects in the Triangle are in the planning stages 5. Equitable Business Development • Business and development assistance program Recommend specific programs and policies to development with a focus on equity will be a part City staff and Council that directly affect, of Phase 2 of A New Tigard Triangle Agenda item 6: For reference on Annual Report discussion support and encourage equitable business development downtown and in the Triangle