Introduction and Overview

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Cultural District Development Initiatives, Inc.

• Introduction and Overview

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CULTURAL DISTRICT DEVELOPMENT INITIATIVES,
INC. Board of Directors
RICHARD F. GARVEY, JaGee Properties, CDDI
PRESIDENT JUDY HUNTER, Acme Brick, CDDI VICE
PRESIDENT PHILLIP POOLE, Poole2, CDDI
SECRETARY JIM AYRES, Property Owner with Harold
Gernsbacher FERNANDO COSTA, City of Fort
Worth MARK HILL, Acme Brick and ABCD
President BARNEY HOLLAND, Holland Oil
Company LINDA LUNDSCHEN, Whitehead Properties SUE
JOHNSON, Printing Plus ROBERT MCKENZIE-SMITH,
Palladium Group
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How We Got Here
Two organizations have worked for many years to
plan for and promote the Cultural District

• Cultural District Committee
• Formed late 1980s
• Primary focus on public and institutional land
• Issued Cultural District Master Plan in 1990
• Actively met until 1993
• Associated Businesses of the Cultural District
• Formed in 1991
• Voice of Cultural District businesses
• Recognized as CDC in 2003

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How We Got Here

• Clear Need to Plan for Future Growth
• Tremendous impact of museums, Will Rogers and
  UNTHSC

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• Cultural District draws 6.5 million visitors
  annually
• Only location outside National Mall in
  Washington, D.C. with such a large collection of
  noted museums within walking distance
• Will Rogers complex books equestrian and other
  events 270 days per year
• Average annual income of 135,000 for cultural
  visitors and 175,000 for equestrian visitors
• UNTHSC provides daytime population of over
  3,000 and brings thousands of physicians and
  medical professionals to Fort Worth annually
• Acme Brick and Bombay corporate HQs in
  District
• 20,000 cars per day on 7th Street and 40,000
  cars per day through University/7th/Camp Bowie
  intersection

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How We Got Here

• Clear Need to Plan for Future Growth
• Tremendous impact of museums, Will Rogers and
  UNTHSC
• Major projects already underway

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Major Projects Already Underway
Montgomery Plaza andSo7
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How We Got Here

• Clear Need to Plan for Future Growth
• Tremendous impact of museums, Will Rogers and
  UNTHSC
• Major projects already underway
• Need to coordinate boundaries and development
  plans with Trinity River Vision

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Fort Worths Trinity River Vision
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How We Got Here

• Clear Need to Plan for Future Growth
• Tremendous impact of museums, Will Rogers and
  UNTHSC
• Major projects already underway
• Need to coordinate boundaries and development
  plans with Trinity River Vision
• Councilmembers Davis and Stevenson charged ABCD
  in December 2003 to get a plan together

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City Support

• City of Fort Worth is committed to promoting
  growth and development

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Cultural District Plan Map
1990 Cultural District Master Plan
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Cover of Corridors Plan
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Fort Worths Designated Commercial Corridors
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West 7th St. Commercial Corridor
Downtown
West 7th St.
Historic Camp Bowie
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Fort Worths Use of TIFs and Other Incentives

• Active TIF Districts
• Speedway
• Downtown
• Southside/Medical District
• Riverfront
• North Tarrant Parkway
• Lancaster
• Trinity River Vision
• Lonestar
• Southwest Parkway
• Local Government Corporations
• Magnolia Green
• Cabellas

• Neighborhood Empowerment Zones
• Tax Abatement Programs
• Community Facility Grants Programs
• NTCOG Joint Venture Grants

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Trinity Park/West 7th NEZ
White Settlement
West 7th
Camp Bowie
Crestline
University
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W. 7th
University Dr.
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White Settlement
Bailey
University
Arch Adams
Carroll
W. 7th
Foch
Camp Bowie
Montgomery
Museums
Lancaster
Will Rogers
Harley
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Trinity Park/West 7th Villages and NEZ
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CDDI - A Unified Approach
In response to City Councils directive to get a
plan together CDDI provides a unified and
cooperative approach

• Foundation set by ABCD Cultural District
  Committee
• Ensures careful thought and planning to generate
  return on investment for City and for private
  developers
• Provides forum and mechanism for communication
  and joint action

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CDDI - Following Successful Models

• Downtown Fort Worth, Inc.
• Historic Southside/Fort Worth South, Inc.
• Historic Camp Bowie, Inc.
• Berry Street Initiative

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CDDIs Mission

• Advocacy Support commercial and residential
  development in the Cultural District
• Communication Coordinate with the cultural and
  city institutions to enhance the experience and
  opportunities for residents and visitors to Fort
  Worth
• Administration Solicit, manage and distribute
  funds from grants and government incentive
  programs to support development of infrastructure
  and resources in the District

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CDDIs Objectives

• Undertake planning for the commercial corridor
  and residential infill re-development within the
  urban villages
• Establish Building/Architectural Standards
• Provide guidance on phasing and distribution of
  product, amenities and resources
• Create forum for gaining and maintaining
  neighborhood input and support
• Establish vehicle for private-public
  partnerships TIF, PID, LGC, parking authority,
  etc.

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CDDIs Structure

• 501( c ) 3 tax-exempt organization
• 11 Member Board of Directors
• 6 members from property owners
• 4 members from ABCD
• 1 member from City of Fort Worth
• Fernando Costa, Director of Planning
• Ex-officio positions for funding foundations
• Advisory Board of Neighborhood Associations and
  Government Entities
• Institutional Council of Civic and Cultural
  Institutions
• Trina Finney, AICP Executive Director

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CDDI Proposed Budget from Inception (11/2004)
through December 31, 2005
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CDDISources of Funding

• Founding
• Property Owners 200,000
• 150,000 funded to date
• Foundations Public Institutions 50,000
• Museum foundations, City, The T, UNTHSC
• Ongoing Funding
• Administrative fees from TIF, PID or LGC
• Grants from CoFW, NTCOG, state federal
  government
• Participation from property owners and interested
  individuals and organizations

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CDDI Founding Participation Levels
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Cultural District Cooperation
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CDDI Benefits

• CDDI will provide general benefits for all
  members of the Cultural District community
• Administration
• Support
• Education
• Advocacy
• Communication

• CDDIs initial focus will be creation and
  monitoring of a Strategic Plan for commercial and
  residential development and re-development in the
  urban villages.

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CDDI Benefits - Master Plan

• CDDI will fund the creation of a Strategic Plan
  for commercial development
• Definition of districts boundaries
• Recommendations for land use
• Recommendation of urban design guidelines
• Definition of infrastructure needs
• Framework for private/public partnerships
• Based on input from all constituencies

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CDDI Benefits

• For Commercial Property Owners
• Coordination with Trinity River Vision
• Forum for coordinating planned uses and timing of
  projects
• Education on and advocacy for incentives
• Upgrading/installing infrastructure to support
  growth

• For Residential Owners
• Input into transition between neighborhoods and
  commercial development
• Forum for coordinating needed services
  amenities
• Support for public transit initiatives
• Strengthen voice and maintain identities of
  existing neighborhoods

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CDDI Benefits

• For Cultural District Institutions
• Input into guidelines for commercial development
  surrounding institutions
• Input into needed services and amenities
• Ability to address parking needs by sharing
  resources
• Support for public transit initiatives to improve
  accessibility

• For the City of Fort Worth
• Coordinated point of contact for infrastructure
  and development issues
• Support for City staff on planning and
  development issues
• Agreement on Strategic Plan to guide development
  and plan for infrastructure
• Guidelines for dedication of public spaces in an
  urban context

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How You Can Help

• Support CDDIs designation as official
  Neighborhood Redevelopment Organization
• Transition from ABCD
• Serve on Advisory Board for Strategic Planning
  Effort
• Be open to CDDI proposals for private-public
  partnerships to promote development in the
  district

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Cultural District Development Initiatives, Inc.