City Council Study Session Agenda and Packet 2016 10 25

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-a 1 rn 0 0 0 a a to E L a 0 V 0 CO ■ ■ ■ ■ Identification of Example Development Sites CSI interviewed local government staff, local housing agencies and authorities, private developers, local planners and members of the real estate community to develop a list of six sample sites to develop or acquire where new permanent supportive housing units can be created, which are located throughout Boulder County. The following sites are only examples of sites that could be used to create new units and were included because they seem feasible, the sites are available (or have potential for avail- ability), represent a variety of methods for creating new PSH units, and are located in multiple locations throughout the County. Photos are not of properties in Boulder County, but used only to illustrate the example, while costs are based on properties in Boulder County. Our list of types of properties to study included hotels that could be converted to small efficiency or suite units, such as The Suites in Longmont. We could not find any recent listings for hotels/motels in any Boulder County communities to use as an example of this change of use. We also reviewed current large redevelopment efforts in Boulder and Longmont, such as the former Community Hospital in Boulder. This is a large rede- velopment site and until the planning process is complete and a basic site use and development plan has been identified, we could not create a site analysis for a portion of this site. Another upcoming redevelopment site is Boulder Junction where land is being freed up for residential development and commercial, near 30th and Pearl Street in Boulder. This area has the poten- tial for newly developed residential building sites and is an area where there will be Transit Oriented Development opportuni- ties. We did not find any other large scale redevelopments which could be profiled at this time, but homeless and housing pro- viders should continually review plans for redevelopment throughout the County to determine if there are potential sites where permanent supportive housing could be constructed or where a building could be converted to permanent supportive housing. We also reviewed listings for commercial buildings, in the hopes of finding a building within a zoning classification that would allow multi -family housing, and which could reasonably be converted to housing. We did not find any listings for proper- ties like this throughout the County. Bridge House, a local homeless provider, was able to find a commercial building with zoning that allowed housing, and convert it into a very success- ful transitional housing project for homeless individuals. This model could be replicated if a similar property was found. As was mentioned in the land availability and cost section, buildable, appropriately zoned land with reasonable access to public utilities is scarce in Boulder County. Vacant sites in- cluded in these sample site analysis are owned by local church- es and are targeted for homeless housing projects by local agencies which have close relationships with these churches. These are excellent examples of partnerships to create a public benefit and use on underutilized land. CSI spoke to planners and reviewed land listings for parcels outside either the City of Boulder or Longmont but within Boulder County. Sites zoned for multi -family development by Boulder County where there is the ability to tap into existing municipal water and sewer systems or existing water districts are also good opportunities to find underdeveloped sites not far from urban transit corridors, amenities and employment centers. The following profiles provide a sample of the sites and rough development costs at these sites for new permanent supportive housing units. They include a single family home which could be converted to a group home, the acquisition of existing rental properties, development of new units on vacant land and donated land, redevelopment of an urban site, and redevelopment of a site just outside the municipal boundaries. Each includes a general development cost estimate, development potential, and pros and cons of developing new housing at the site. Boulder County Permanent Supportive Housing Study Potential Development Site Analysis Acquisition of Existing Rentals + Rehabilitation, Boulder Site Size 1.2 acres/buildings are 17,138 sf Site Zoning RM -1 Residential Medium Density Proposed Height Restriction NA — existing Proposed Density Property has 16 units Number and Types of Units 4 one bedroom, 9 2 -bedroom, 3 3 -bedroom units H + T Index/Walkability Score/Transit Score Walk Score 82 (very walkable), Transit Score 48 (some transit), Bike Score 100 (bikers paradise); Transportation Cost H + T Index = 16% (Boulder County 19%, Boulder 19%) Nearby Amenities Groceries, Parks, Open Space, Retail and Jobs Site Assessor's Value/Sales Price Sales Price $5,300,000 Site Current Conditions: This existing property, for sale by a private owner, is currently occupied and ready for occupancy. It is an example of the type of property available for sale in Boulder County that could be used as Permanent Supportive Housing for families or individuals. One larger unit could be converted to a meeting/office space for services and management. -a w ca 0 0 0 0. a w 0 ra E L 0 a 0 U 0 0 m ■ ■ ■ 27 30 31