Washington Monroe Investing in our future; delivering on our promises Objective Purchase property for future park, sports field and community center Benefits.

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Presentation transcript:

Washington Monroe Investing in our future; delivering on our promises Objective Purchase property for future park, sports field and community center Benefits WaMo will ensure quality of life style for families; Increase property values; Create employment especially for youth. Background Washington Monroe site declared surplus by Portland Public Schools Opportunity includes 3 acres for housing and 4 acres for public recreation City of Portland is on a deadline to secure the option to purchase land

WaMo Investing in our future; delivering on our promises At SE 12th and Stark, proximate to Buckman, Kerns, Sunnyside, Hosford Abernathy. Key community issues: Lack of positive choices for youth: median income $16,700; 58% households w/ children Families leaving the city High proportion of social services: parole, shelters, drug clinics. WaMo meets community needs by providing: Employment - 10 full-time, 120 part-time jobs Place for youth Livability for families Health for all ages Fulfilling promises: Community advocates for community center for over 20 years #1 community center to deliver 2020 Vision approved by Council

WaMo Investing in our future; delivering on our promises The map indicates the high density of residential units in the vicinity of the WaMo site. One Mile Walking distance for 18,000 people Two Miles A walk, a bicycle or bus ride for 85,500 residents. Ten Minute Drive for 290,900 people

WaMo Investing in our future; delivering on our promises Options Review Sale price comparable to other properties Eight options of park and housing options reviewed with community High school evaluated for community center found to be better for housing Creative Funding Ideas Housing development above community center Public/private partnership for community center Green building grants Lease/alternate community center operations

WaMo Investing in our future; delivering on our promises Community Support The community support for this project has been tremendous. Advisory Committee Includes residents from Buckman, Hosford-Abernathy, Kerns, Sunnyside, Central Eastside Industrial Council as well as local business owner, nearby resident and the PPS Real Estate Trust. Public Meetings In December 2003 approximately 90 people attended and gave their comments on the project. Topics that have been important include: - Community center with a pool - Preserving views with open space - Sports field for family/youth - Careful handling of traffic and parking.

WaMo Investing in our future; delivering on our promises The way forward: 1st stepSecure land for park/recreation purposes Council considers acquisition proposal in February PPS sale price is $5,390,550 Verify value and conduct due diligence Land acquisition to be funded from SDC and other sources 2nd stepHousing Development PPS Real Estate Trust will develop between market-rate units 3rd stepDevelop the sports field Sports field construction from SDC or bond 4th stepDevelop the community center Construction funding through bond, grants, partnerships, creative development

WaMo Investing in our future; delivering on our promises WaMo - Portland livability place of choice or opportunity lost? Council Action February council action Authorize Director of Portland Parks and Recreation to enter into negotiations with Portland Schools Real Estate Trust for the purchase of approximately 4.5 acres at Washington Monroe site for the purpose of a future community center and open space.