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HomeMy WebLinkAboutResolution 2002-088 RESOLUTION NO. 2002-088 A RESOLUTION AUTHORIZING A JOINT CONTRACT WITH RICHLAND HILLS FOR CONSULTING SERVICES WITH LELAND CONSULTING GROUP FOR SOUTH GRAPEVINE HIGHWAY STRATEGY Whereas, The City of North Richland Hills and the City of Rich/and Hills have solicited proposals for a South Grapevine Highway Corridor Strategy; and Whereas, The team of Leland Consulting Group out of Denver, Colorado, and HNTB Planning Firm out of Dallas, Texas were found to be the best firms to lead the South Grapevine Highway Corridor Strategy by the two cities; and Whereas, The South Grapevine Highway Corridor has long been recognized as one of Northeast Tarrant County's major commercial centers; and Whereas, In recent years, the South Grapevine Highway Corridor has suffered from disinvestment and many businesses have moved out of the area to locate to newer, more modern shopping centers; and Whereas, New projects are generating renewed interest in the South Grapevine Highway Corridor, and the City would like to support the redevelopment taking place in the area; and Whereas, The ultimate goal and public purpose of Economic Development Agreements and programs is to attract new employers, jobs, and investments into the City, strengthen the City's tax base, and enhance the City's ability to provide municipal services to its citizens; and Whereas, The South Grapevine Highway Strategy will benefit the City and the businesses and residences along the South Grapevine Highway Corridor, would contribute to the retention and expansion of primary employment in the City, and would increase ad valorem tax revenues and sales tax revenues in the City. and Whereas, Based on these findings, the City proposes to execute a joint agreement with Richland Hills for consulting services with Leland Consulting Group to perform a South Grapevine Highway Corridor Strategy; NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF NORTH RICHLAND HILLS, TEXAS: That the City of North Richland Hills City Council does hereby authorize the City Manager to execute a joint agreement with the City of Richland Hills for consulting services with Leland Consulting Group for a South Grapevine Highway Strategy for $88,000 to be split equally by the City of North Richland Hills and the City of Richland Hills. A substantial copy of the agreement is attached hereto and incorporated herein for all intense and purposes. PRESENTED AND PASSED on this the 28th day of October 2002 at a regular meeting of the City Council of North Richland Hills, Texas. ~t\\>.~--', -,' .... ....~~-:. :~ ,tlGST: \~ \ o' \ ' ~~ PatricIa Hutson, City Secretary Õ;~ Oscar Trevino, Mayor APPROVED AS TO FORM AND LEGALITY: www./aandconsu/ting.com 610 SW Alder Stm:t Suite t 008 Portland. OR 97205-3611 ph 503, 222, 1600 þc 503, 222, 5078 694 South Gaylord Street Denver. CO 80209 ph 303, 458, 5800 þc 303, 458, 5420 12770 High Bluff Drive Suite 360 San Diego. CA 92130 ph 858,509, 1699 þc 858, 509, 0274 LELAND CONSULTING GROUP L: 1 October 2002 ~(Q)j@þ Ms. Ashley Stathatos Marketing and Research Coordinator Economic Development Department CITY OF NORTH RICHLAND HILLS 7301 NE Loop 820 North Richland Hills, Texas 76180 Dear Ms. Stathatos: On behalf of Leland Consulting Group (LCG), Real Estate Strategists and HNTB, Community and Transportation Planning, we are pleased to present this proposal to assist the Cities of North Richland Hills and Richland Hills (client team) with preparation of a revitalization strategy for the South Grapevine Highway Corridor, This analysis will provide the client team and other project advocates with recommendations which will produce tangible results, and information which will lead to careful investment and a well-served market. UNDERSTANDING OF TIlE SITUATION It is an undisputed truth that a community's commercial corridors and business districts are the barometer of its overall quality-of-life. Area-wide and local chamber of commerce executives, economic development specialists, and industry recruiters have found time and again that projects are often won or lost based on one single criterion - the condition and economic health of community's commercial business districts, Employers have found that vibrant districts and corridors significantly increase their ability to attract and retain high quality employers - whether or not the business are present - thereby minimizing turnover and associated personnel costs, City officials have found that bond rating companies often include the economic prosperity of commercial business districts as one criterion they consider when determining a city's bond rating, Throughout the country, public and private entities are participating in the revitalization of their commercial business core. In a report prepared for the American Public Power Association, several utility companies surveyed explained the basis for their participation in enhancement efforts, including the following: a thriving business district is a good recruitment tool for industry; corridor enhancements stimulate the economy and adds jobs; economically, everyone benefits from a healthy business core; a viable core infrastructure is essential to economic development in the whole area; a better commercial business corridor increases tourism in the area; and, it is a good investment. Cities throughout the country who have undertaken similar efforts have found that benefits to the community are multi- faceted and multiplicative. Specifically, quality of life is enhanced, the number and diversity of job opportunities are increased, and dollars are invested. . Real Estate Strategists L: LELAND CONSULTING GROUP The Cities of North Richland Hills and Richland Hills, together with community stakeholders, are seeking the assistance of professionals experienced in understanding the unique opportunities and challenges presented by the commercial business core environment. Specifically, you are seeking the assistance of experts who can work with the community to develop economic redevelopment strategies for the execution and implementation of projects, programs and policies which will effectively and profitably leverage investment in commercial corridors over the near- and long-term. PROJECT ApPROACH The Leland Team's approach to corridor revitalization efforts such as this is to develop an understanding of the demands of the marketplace, barriers to investment (regulatory, financial, physical and market), and valued assets of the environs, while educating and building support. The identification of "cheerleaders" who will carry the urban corridor banner and implement the actions identified through this process will be critical to the success of the strategies. Central to this approach is a commitment to delivery of a strategy for action, not a study with a limited shelve- life, A detailed description of our proposed scope of work is contained in Attachment A. CONSULTANT TEAM The consultant team assembled to accomplish the project goals is led by Leland Consulting Group (LCG). LCG is a national organization with a reputation spanning more than 30 years. Because of extensive cross-training in market research, financial analysis, economic development, planning, public policy and real estate development, the principals of LCG bring a high level of reality and practical experience to their assignments with actual development expertise in- house. In total, the firm has completed more than 1,500 assignments throughout the United States. Among these are central city reinvestment efforts for: Lincoln, Nebraska; Des Moines, Iowa; Dubuque, Iowa (waterfront); Colorado Springs, Colorado; Montrose, Colorado; Portland, Oregon; Bend, Oregon; Fort Worth, Texas; Midland, Texas; and Corpus Christi, Texas. As a principal-intensive organization, our clients are assured that only senior level professionals will direct and conduct the work. We feel that assignments such as this deserve the time and focus of seasoned professionals whose years of judgment and experience bring substantial added value to the process. We are committed to bringing this assignment to a successful conclusion, and we believe that our experience and qualifications appropriately demonstrate our capacity to make these assertive statements. Submitting with us is HNTB. HNTB has a long history of serving public and private sector clients throughout the western United States - providing urban design, transportation planning, and public facilitation expertise for a wide variety of . Leland Consulting Group, Real Estate Strategists Page 2 of2 LELAND CONSULTING GROUP L: community revitalization projects. The principals of LCG Denver and HNTB have recently worked together on several community-wide initiatives designed to build support and encourage private investment. PROJECT BUDGET AND TIMING The proposed timing and budget for this assignment are summarized as follows: Project Timing: Total Project Budget (Not-To-Exceed): 7 to 8 Months $88/000 TERMS OF P A YMENf AND OTHER CONDITIONS Leland Consulting Group will submit invoices to the Cities requesting payment for work accomplished by work task. Payment of invoices will be made by the Cities upon receipt of invoices by Leland Consulting Group. SUMMARY In summary, we are excited by the opportunity to work with you and your communities, As experienced advisors to public sector clients throughout the United States, we understand how to take a project such as this from inception to completion -- moving from the general to the specific, building support along the way and ending with a project that is responsive to market and economic realities, as well as community desires. The firm's core practice is working for communities preparing infill strategies, transit-supportive and corridor revitalization programs for rural and urban communities throughout the Midwest, Western and Southern United States, For this reason, we maintain the availability for our principals to work on projects such as this one. If you have any questions regarding this submittal, please contact either Anne Ricker or Bill Cunningham at (303) 458-5800. Both of these individuals are authorized to execute an agreement on behalf of Leland Consulting Group. Neither of these individuals, nor the other team members, has a conflict of interest in completing this project. Contact Information: Anne B. Ricker 694 South Gaylord Street Denver, CO 80209 303.458.5800 P 303.458,5420 f aricker@lcgdenver.com Bill J. Cunningham 694 South Gaylord Street Denver, CO 80209 303.458.5800 P 303.458.5420 f bcunningham@lcgdenver,com . Leland Consulting Group, Real Estate Strategists Page 3 of3 LELAND CONSULTING GROUP L: ACCEPTANCE OF PROPOSAL Thank you for the opportunity to submit this proposal. In order to initiate our services according to the attached work scope, please sign below and return a copy of this contract to us. FOR THE CITY OF NORTH RICHlAND HILLS: Mr. Oscar Trevino Mayor Date Mr. George Staples City Attorney Date Mr. Larry Cunningham City Manager Date FOR THE CITY OF RICHlAND HILLS: Ms. Nelda Stroder Mayor Date Mr. Tim Sralla City Attorney Date Mr. Jim Quinn City Manager Date Ms. nne Ricker PrinclpaJfPresident io Date . Leland Consulting Group, Real Estate Strategists Page 4 of4 L: LELAND CONSULTING GROUP LELAND CONSULTING GROUP STANDARD ENGAGEMENT TERMS AND CONDITIONS Our report(s) submitted to you will be based on estimates, assumptions and other information developed from research of the market, our knowledge of the real estate industry and meetings during which you will provide certain information. The sources of information and basis of the estimates and assumptions will be stated in the appropriate sections of our report(s). The terms of this engagement are such that we will have no obligation to revise our report(s) or the projected market and/ or prospective financial analysis to reflect events or conditions which occur subsequent to the last day of our field work. However, we will be available to discuss the necessity for revision in view of changes in the economic or market factors affecting the proposed project. We will not ascertain the legal and regulatory requirements applicable to this project. Further, no effort will be made to determine the possible effect on this project of future federal, state, or local legislation including any environmental, growth restrictions, or ecological matters or interpretations thereof. We will not investigate the presence or issue of toxic material, asbestos or other pollutants in, on. or adjacent to the subject property, We recommend that an experienced specialist investigate these matters, With respect to market demand analysis, our work will not include any analysis of the potential impact of possible energy shortages, Since our market analysis will be based on estimates and assumptions, which are inherently subject to variation depending upon evolving events, we will not represent them as results that will actually be achieved. Our report is intended for internal use by you, the client. Otherwise, neither our report not its contents may be included, referred to or quoted in any offering circular, registration statement, prospectus, appraisal, loan application or other agreement or document in whole or in part without the written consent of Leland Consulting Group. From time to time, and/ or at your request, we may issue a draft report, discussion outline or other interim document(s). This/ these draft report(s) and documents are not to be relied upon to make management/ investment decisions nor are they to be presented to a third party in summary, in part, or in totaL This/ these draft report(s) and other interim documents are to be used for internal discussion purposes only, Either party, the City or Leland Consulting Group, reserves the right to terminate this contract. In the event that the client or Leland Consulting Group elects to terminate this agreement, the initiating party must notify the other in writing. In such event, the client agrees to pay Leland Consulting Group for all professional fees and expenses incurred up to and through the date of receipt of notification to terminate this agreement. Leland Consulting Group reserves the right to withhold delivery of any report document until any outstanding invoices are paid in full. The client agrees that Leland Consulting Group cannot be held responsible for any delays caused by the client, agents acting on behalf of the client, acts of nature, or the actions of others from whom the completion of this engagement depends. Leland Consulting Group and HNTB are Independent Contractors and agree to indemnify the City against all claims of employees of such firms and from claims arising out of actions of such firms, their officers and employees. This agreement may be amended only in writing executed by both Leland Consulting Group and the client. . Leland Consulting Group. Real Estate Strategists Page 5 of 5 LELAND CONSULTING GROUP L: THE LELAND TEAM SCOPE OF WORK SOUTH GRAPEVINE HIGHWAY CORRIDOR STRATEGY OCTOBER 2002 The following scope of work is principally based on: a review of your Request for Qualifications and stated objectives for this assignment; preliminary field analysis of the study area; experience working with communities promoting the revitalization of commercial corridors; as well as research of public and private sector efforts in other markets. The cities' role throughout the planning process is defined in the work tasks below. WORK TASKS 0.0 Stakeholder Involvement - Meet with project participants (including property and business owners) in a variety of settings to obtain information related to the study area and its context within the region, i.e" ownership patterns, existing structures, infrastructure, unique conditions, market knowledge, barriers to investment, past efforts, etc. Meeting formats will be tailored to the availability of participants, but are anticipated to include: one-on-one interviews, breakfast and lunch meetings, meetings and presentations with/ to professional organizations (Rotary, League of Women Voters, student organizations), etc. Stakeholders would include developers, lenders, representatives from public and non-profit agencies, elected officials and others who would eventually be a part of the implementation of future projects. Prepare an overview of insights gained, barriers to overcome, and opportunities to be capitalized on. Work with cities' ad hoc or task force committees - sharing insights gained and soliciting guidance on recommendations and policy issues, Meet with the committee - at the beginning to establish goals for the process and desired outcomes; during the process to inform and redirect (where necessary) the approach; and, at the end to review the findings and recommendations. Phase I: Market Analysis 1.0 Physical Site Analysis - Work with cities' project representatives and any relevant task force members to discuss and refine the study area boundaries, (Note: Boundaries may be adjusted at various points throughout the process based in insight gained and potential implementation strategies.) Catalogue existing physical improvements and features through photographs, surveys and plans. This information will assist in documentation of existing character, landmarks, underutilized lands and potential opportunities for development and redevelopment. Prepare a land use document including a discussion of density, F.A.R., general uses, parking and tenant mix. An overview of best and maximum use, specific to the larger geographical region, will yield short- and long-term . Leland Consulting Group, Real Estate Strategists Page 1 of 1 L: LELAND CONSULTING GROUP 2.0: exceptions and recommendations for specific programming of land use and tenant type. Field Survey and Verification - Complete field and site surveys to identify select conditions present within the corridor, their location and extent, and deficiencies. Collect relevant information on public facilities, parcelization, street layout, parking, land use, utilities, code violations, ownership, and other appropriate data. Gather and "ground-truth" business inventory with ownership records and categorize across several data points (e.g., value, location of owner, taxes paid, etc.) Base Mapping - Prepare a series of base maps to document the location and condition of selected information including, i.e., study area and area of influence, easements, other physical, market and political information, The purpose of the base maps will be twofold - provide the cities with an illustrative measure for change and targeted investment; and, meet legislative requirements for establishment of potential funding entities (special districts), Economic/ Market Assessment - Complete economic and market reconnaissance in order to become familiar with conditions in the corridor and their influence (trade) area - through site inspections (Task 2.0), review of relevant studies and reports, and interviews with key leaders and advocates - gain a working knowledge of prevailing factors which are affecting investment. 3.0 4.0 Collect and analyze relevant information on key indicators including consumer expenditure patterns, assessed valuation, property ownership and values, economic and demographic characteristics, land prices, etc. Evaluate the strengths and weaknesses of the areas' economic and market base with relationship to local and regional trends, in order to identify the underlying causes of growth and development and the potential for various niche land use opportunities in the study area. Quantify demand by land use, and product type. Prepare a market and economic profile including data for the region, community and corridor influence areas, Information related to market opportunities will be used as the basis for recommendations related to future development concepts, Phase II: Community Consensus Building 5.0 Business/Property Owner Survey - The objective for completion of a business and property owner survey will be twofold - generally, to articulate benchmarks for actions associated with revitalization of the corridor; specifically, to identify market segments most likely to be interested in commercial and business products in the South Grapevine Highway Corridor. With the results of a statistically accurate survey mechanism in-hand, LCG will work with the client team to determine what type of land and product types are needed/ desired; what amenities potential users require; what the market is willing to pay for these amenities; and, support for specific financing mechanisms. 6.0 Focus Groups/One-on-One Interviews - Facilitate a series of three 2 to 3 hour focus group/workshops to broaden community participation and to incorporate qualitative knowledge or "street sense" into the process. Focus . Leland Consulting Group, Real Estate Strategists Page 2 of 2 L: LELAND CONSULTING GROUP groups will be targeted to specific segments of the community and designed to be results-oriented, providing immediate ideas and a foundation for revitalization tools and strategies. Suggested groups include: Business Owner Focus Group: This session will be oriented to corridor businesses, including retail, entertainment and service. The session will include a facilitated discussion of the customer base, area strengths, weaknesses and competition, leading to a group definition of the corridor's "competitive advantages". Based on this understanding, participants will be asked to suggest methods and financing mechanisms for capitalizing on strengths and mitigating weaknesses. Property Owner Forum: This session will include a facilitated discussion of the corridor's economic and physical strengths and weaknesses. Property owners will then be asked to suggest methods and financing mechanisms for capitalizing on strengths and mitigating weaknesses. An interactive "priority setting exercise" will complete the workshop. The format will accommodate up to 25 participants. Workshop To Be Determined: The third workshop will be determined following initiation of the project. Options include a community forum for residents or a focus group for city / state agency representatives to discuss the local regulatory environment including building codes and zoning requirements. One-an-One Interviews: In addition to focus groups, complete one-on-one meetings with key property and business owners including representatives of the development delivery system such as public officials, financiers, developers and others. The purpose of these interviews will be to discuss opportunities and constraints to past and future development efforts, Upon completion of this outreach effort, prepare a list of barriers in the community's development "delivery system" identified during the focus groups and incorporating community perceptions identified during interviews and meetings of opportunities, constraints and past forces which have molded the corridor. Phase III: Feasibility Study 7.0 Opportunities and Constraints Analysis - Establish a common baseline of technical information useful in the corridor redevelopment strategy process. Data will be used to understand physical and economic opportunities and constraints on growth in the corridor, mechanisms to further select revitalization programs, their potential impact and leveraged return. Physical data to be considered includes: land use inventory; historic building designations; zoning; arterial and collector street plans; utilities and infrastructure; comprehensive plan; traffic data; and, facilities information. Prepare a physical profile of the corridor market, identifying those elements . Leland Consulting Group, Real Estate Strategists Page 3 of3 LELAND CONSULTING GROUP L: and components of the area which define its particular character - significant assets to be preserved and barriers to be eliminated or reconfigured. Economic development and marketing data to be considered includes: performance of existing districts; incentive and abatement programs; neighborhood coordination; past partnerships; and, business promotion and recruitment. Prepare an economic development and business profile of the corridor market, identifying those elements and components which have been employed and are effective, as well as those that might be reoriented to better reflect opportunities, 8.0 Preliminary Development Concepts - Based on the findings of the market analysis, as well as insight gained through the completion of previous tasks, (indicators and trends), identify development opportunities, and quantify market potential and the capacity of the local delivery system. Together with the cities' project representatives and ad hoc committee members, prepare development pro~ram alternatives for the corridors and select activity nodes illustrating land use, density and tenant mix. For each of the activity nodes, document the location and condition of selected information including: area of influence, neighborhood connections, supporting/ conflicting parcels, regulatory impacts, and other factors which will impact investment. 9.0 Positioning Strategy - Develop priorities for public and private investment to realize the Corridor's market potential and niche opportunities. The Leland Team will work with the client team to establish criteria for evaluation and prioritization. The team together with the city will develop priorities and a sequencing timetable. Collectively, project representatives and the consultants will participate in a priority setting process to help guide the investment strategy. Phase IV: Redevelopment Plan 10.0 Implementation Strategy - Information from the previous tasks will be used to formulate a set of strate~ies for the short-term that lead to long-term changes desired by the cities and concerned owners and developers of the properties within the corridor. The Leland Team will work with the cities to define specific phased action items to carry forward the plan elements to implementation. These action items could include specific zoning tools, development incentives, financing mechanisms, key public (capital) projects and business support programs. 11.0 Organizational Assessment - The Leland Team will suggest modifications to the organizational structure of public and private entities involved in corridor revitalization. Organizational goals will include eliminating duplication, maximizing cost effectiveness, leveraging resources and ensuring accountability to both public and private constituencies, Organizational recommendations could be developed with a sub-committee of the task force committee consisting of representatives from affected organizations. 12.0 Budget for Action - Identify sources of funds to implement the strategy from a variety of public and private sources. In addition, identify development . Leland Consulting Group, Real Estate Strategists Page 4 of4 LELAND CONSULTING GROUP L: incentives necessary to attract investment and create a more favorable environment for private investment, including: land write-downs; taxing policies; rent abatement programs; and others. PRO/ECTTIMINc¡!BUDGET Timing": 7 to 8 Months Total Project Budget (Not- To-Exceed): $88,000 .. Many work tasks will be completed concurrently. . Leland Consulting Group, Real Estate Strategists Page 50J5 LELAND CONSULTING GROUP L: THE LELAND TEAM SCHEDULE OF DELIVERABLES SOUTH GRAPEVINE HIGHWAY CORRIDOR STRATEGY OcrOBER 2002 WORK TASKS 0.0 Stakeholder Involvement - One-on-One Interviews (20 - 25) Meetings and Presentations with/ to Professional Organizations (4) Task Force Committee Meetings (To Be Determined) Council and Commission Meetings/ Adoption Hearings (4) Phase I: Market Analysis 1.0 Physical Site Analysis - Catalogue of Physical Improvements (photographs, surveys and plans) Land Use Document 2.0: Field Survey and Verification - Field and Site Surveys Business Inventory 2.0 Base Mapping - Base Maps 4.0 Economic/ Market Assessment - Market and Economic Profile Demand (Void) Analysis by Land Use Phase II: Community Consensus Building 5.0 Business/Property Owner Survey - Business and Property Owner Survey Community Benchmarks 6.0 Focus Groups/One-on-One Interviews - Focus Group/Workshops (2 - 3) Barriers Analysis (Opportunities and Constraints Analysis) . Leland Consulting Group, Real Estate Strategists Page 1 of2 LELAND CONSULTING GROUP L: SCHEDULE OF DELIVERABLES SOUTH GRAPEVINE HIGHWAY CORRIDOR STRATEGY (CONT'D) October 2002 Phase III: Feasibility Study 6.0 Opportunities and Constraints Analysis - Physical Profile Economic Development and Business Profile 7.0 Preliminary Development Concepts - Development Program Alternatives (Documented and Illustrated) 8.0 Positioning Strategy - Priorities and Sequencing Timetable Phase IV: Redevelopment Plan 9.0 Implementation Strategy - Phased Action Items 11.0 Organizational Assessment - Organizational Goals 12.0 Budget for Action - Sources of Funds Development Incentives Implementation Strategy . Leland Consulting Group, Real Estate Strategists Page 2 of2