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The Story of River’s Edge
Turning a Sow’s Ear into a Silk Purse
September 25, 2013
2013 ADC BASE REDEVELOPMENT FORUM | PAGE 3
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Introduction
Benefit Conveyance to Tri-City Regional Port District.
Strategically located in the heart of the U.S. on the MS River at America’s Central Port.
Serves Granite City, Madison, and Venice, Illinois.
2013 ADC BASE REDEVELOPMENT FORUM | PAGE 4
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Support Center Information
Base offered: 840 acres adjacent to the Port Large industrial and
commercial tracts Access to all Class One
Railroads Access to the Mississippi south
of the last lock and dam (#27) More than 1.7 million sq.ft. of
warehouse/office space
5
2013 ADC BASE REDEVELOPMENT FORUM | PAGE 5
Opportunity: An Adjacent Army Base is Closed
Vision: Realize the economic reuse potential in the Charles Melvin Price
Support Center closure.
2013 ADC BASE REDEVELOPMENT FORUM | PAGE 6
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Opportunity: An Adjacent Army Base is Closed
Support from Illinois Congressional delegation, local Mayors and community leaders to acquire/develop as one integrated property to avoid federal agency cherry picking.
Port became Local Redevelopment Authority.
2013 ADC BASE REDEVELOPMENT FORUM | PAGE 7
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River’s Edge Proposed Redevelopment
The Port completed the River’s Edge comprehensive redevelopment plan, proposing industrial, transportation, office, warehouse, residential, recreational and other business mixed-use development.
2013 ADC BASE REDEVELOPMENT FORUM | PAGE 8
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River’s Edge Proposed Redevelopment cont.
With the support of the Illinois delegation, especially former Congressman Jerry Costello, Wydra negotiated the terms of the conveyance of the base to the port
2013 ADC BASE REDEVELOPMENT FORUM | PAGE 9
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The SPECTRUM Group’s Role
Assisted the Port with: drafting of legislation negotiating the terms of the
conveyance with the Army negotiating the terms of the
quitclaim deed with the U.S. Maritime Administration
requesting funds from OEA obtaining federal grants for
the further expansion of the Port
2013 ADC BASE REDEVELOPMENT FORUM | PAGE 10
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How the Conveyance Was Accomplished
The property was conveyed under the terms of the Public Port Facility Conveyance Program administered by the U.S. Maritime Administration (MarAd)
The conveyance has to improve port facility productivity and land access, help develop intermodal transfers of freight/cargo, reduce highway and rail congestion, and reduce air emissions
2013 ADC BASE REDEVELOPMENT FORUM | PAGE 11
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How the Conveyance Was Accomplished
The property is transferred to the Port via a quitclaim deed. The key term of the deed is the Port has to maintain the property in perpetuity as a public port facility. If not, the property reverts to the federal government for re-disposal
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Codification of the Transfer in Pub. L. 106-398
Congressman Costello had the transfer put into law Key terms of the conveyance:
“The Secretary of the Army may convey to the Tri-City Regional Port District of Granite City, Illinois…(the Port District) all right, title, and interest of the United States in and to a parcel of real property including any improvements thereon, consisting of approximately 752 acres and known as the Charles Melvin Price Support Center, for the purpose of permitting the Port District to use the parcel for development of a port facility and for other public purposes.”
The conveyance was made without consideration as a public benefit conveyance
2013 ADC BASE REDEVELOPMENT FORUM | PAGE 13
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Community Improvements
The first tranche of 545 acres was transferred on April 22, 2002.
Leases were negotiated with all previous government tenants
The 150 units of military housing on the property were refurbished and re-leased to military personnel.
Initial grant funds came from EDA and OEA
2013 ADC BASE REDEVELOPMENT FORUM | PAGE 14
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Community Improvements (cont)
The next several years saw a steady growth in Port tenants and community development, including: Opening of a new child-care center and fitness
center Construction of a large asphalt plant by
Owens-Corning and Conoco Phillips Petroleum Expansion of the Port’s FTZ authority A small business incubator
Construction of a million-gallon-a-year ethanol plant by Abengoa Bioenergy of Illinois
Developments by Arizon Companies, a mfr. of air support buildings, and a helicopter hangar for ARCH Air Methods.
2013 ADC BASE REDEVELOPMENT FORUM | PAGE 15
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South Harbor and TIGER Grant Funding
The Port received a TIGER funding/grant to build out a new harbor south of Lock #27.
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The Port Grows
The Tri-City Port District (renamed America’s Central Port ) is thriving as a result of the public benefit conveyance and the OEA and TIGER grant funds as well as matching state and local funds
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Successes
Supports over 1450 jobs Has an economic impact on the
community of over $280 million Maintains its commitment to keep the
property as a public port Provides the surrounding community
with jobs and recreational opportunities.
2013 ADC BASE REDEVELOPMENT FORUM | PAGE 18
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Conclusion
A lesson for all communities:1. Be creative
2. Think outside the box
3. Have a plan
4. Use your Congressional delegation to help you achieve
your goals.
BEFORE AFTER
2013 ADC BASE REDEVELOPMENT FORUM | PAGE 19
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Joan Bondareff
11 CANAL CENTER PLAZA, SUITE 300, ALEXANDRIA, VA 22314703.683.4222 | 571.447.4325 (direct) | WWW.SPECTRUMGRP.COM |