Bayly/Harwood Project Update - Ajax, Ontario · Bayly/Harwood Staff Presentation to Council July 7,...
Transcript of Bayly/Harwood Project Update - Ajax, Ontario · Bayly/Harwood Staff Presentation to Council July 7,...
Bayly/Harwood
Staff Presentation to Council
July 7, 2011
Development Agreement and
Agreement of Purchase and Sale
Medallion Developments (Bayly Square)
Limited
Pat Bayly/Defence Industries Limited
Historic Unifying Elements
◦ Text describing DIL and Pat Bayly
to be included as Schedules to
the Agreement;
◦ Descriptions/references to
contributions to be included as
part of detailed project design;
◦ To be implemented through Site
Plan Approval for proposed
buildings and Civic Square
works.
Phase 1
Phase 2
Phase 3
Project PhasingPhase Proposed
Construction
Start
Buildings to
be
Constructed
No. of
Units
Non-
Residential
Floor Area
(m2)
1* Buiding A -
January 1, 2013
Building B – April
1, 2014
A, then B 623 4,985
2 2016 C, then D 754 1,115
3 2020 E, then F 461 600
1,838 6,700
* Includes Civic Square
Green Development Provisions
Element Description
Parking Any parking above Zoning requirements to provide roughed-in conduits for future electrical
outlets for plug-in electrical vehicles.
Cycling/
Pedestrian
Infrastructure
Bicycle parking to be provided based on assessment of need - in a weather-protected, secure area
with controlled access. Commercial/office – requires 0.2 spaces per 100 m2 gross floor area.
Buildings to connect to off-site pedestrian paths, transit stops, parking areas. Outdoor waiting areas
to be weather protected. Pedestrian lighting to be directed to sidewalks, entrances, waiting areas.
Urban Heat
Island/
Landscape
Elements
Large growing shade trees at 6-8 metre intervals along all frontages. Minimum 50% water efficient
plant material for soft landscaped areas. Minimum 50% native vegetation species.
Environmentally Conscious Roofing Systems (white roofs/organic/green roofs sustainable power
elements [i.e. solar] to be incorporated wherever feasible.
Energy In-suite electrical metres for all residential units.
Stormwater Buildings to retain 25 mm from a 24 hour rainfall event for rainwater reuse and infiltration.
Bird Friendly
Design
Risk of migratory bird collisions to be minimized through appropriate glass treatments. Ground
level ventilation grate porosity - less than 2 cm x 2 cm.
Light Pollution Exterior lighting to be shielded to prevent glare/light trespass. Up-lighting only for public art or
displays.
Recycling/
Organics
Dedicated area provided within buildings for collection & storage of recycling & organic waste.
(Consistent with LEED Standards)
Economic Analysis
Summary of Economic Benefits (Altus Group):
◦ From 2026 onward, annual Town property taxes estimated at $1.4 million;
◦ Upon completion, office and retail components estimated to employ 246
persons, with 107 persons employed indirectly elsewhere ($16.5 million in
wages and salaries);
◦ 15 – 20 jobs to be generated on-site to service the residential component;
◦ Total population at build-out estimated at 3,190 persons;
◦ Residents will spend $71.6 million on goods and services each year –
existing and future retail and personal service outlets will capture a sizeable
share of this spending;
◦ In total, an estimated 7,090 person years of direct and indirect employment
will be generated over the life of the Medallion development;
◦ Direct and indirect construction-related employment will earn almost $360
million in wages and salaries (2010 constant dollars) while construction is
underway;
◦ The Region will receive $17.1 million in development charges imposed on
the proposed development, based on current rates.
Downtown CIP Incentives
Program Description Breakdown Total Value
Rehabilitation Grant
Program (TIF)
Rebate of 80% of the increase
in the municipal property
taxes until December 31,
2025.
Annual Rebate:
2014 – 2015 $382,832/yr
2016 – 2017 $807,568/yr
2018 – 2026 $812,752/yr
2027 $704,084
$10,399,652.00
Planning and Development
Fees Grant Program
Full rebate of development
application processing fees.
Site Plan Application Fees:
Phase 1 $149,049.50
Phase 2 $137,240.50
Phase 3 $111,660.00
Total $397,950.00
Building Permit Fees:
Phase 1 $506,099.92
Phase 2 $597,999.72
Phase 3 $369,713.88
Total $1,474,013.52
$1,871,963.52
Development Charge
Exemption/Grant Program
Full exemption of the Town’s
Development Charges for
residential, commercial and
office development.
Phase 1 $3,454,972
Phase 2 $4,007,409
Phase 3 $2,438,425
Total $9,900,806.00
$9,900,806.00
Total $22,172,421.52
Summary of Project BenefitsProject Benefit Details
Economic Stimulus 246 jobs at project completion
$16.5 million in wages and salaries upon full completion
$360 million in wages and salaries while project is underway
Residents projected to spend $71.6 million on goods and services each year at completion.
7,090 person years of direct and indirect employment over the life of the project
$17.1 million in Regional Development Charges
DowntownVision Establishes an unparalleled landmark mixed use urban presence at the primary Gateway to
the Downtown. Achieves numerous policy objectives. Delivers the Town’s intensification
target for the Downtown. Upholds Town policies regarding density, height, mix of uses,
building formats.
Pat Bayly Square Overdedication of public parkland enables the development of a well designed, multi-
purpose and unique public gathering place - a civic focus at the centre of the Downtown.
Downtown Servicing Construction of external infrastructure will benefit the subject lands and surrounding area,
enabling other potential intensification projects in the Downtown.
Sustainable Elements Components include cycling and pedestrian infrastructure, energy conservation measures,
storm water re-use, landscape elements, recycling and organics collection, reduction of light
pollution, etc.
Historic Elements DIL and Pat Bayly historic elements to be included as elements in detailed project design.
Public Parking Public (shared) parking included at no cost to the Town. On-street parking included.
Kitney Drive ext’n Construction of Kitney Drive to be included as part of the project at no cost to the Town.
Timing/Certainty Project to commence by early 2013. Uncertainty of timing and format is eliminated.