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Re-Vision Prospect Plaza Project Update
New York City Housing AuthorityNew York City Housing Preservation & Development
Tuesday, December 13, 2011, 6:00 PMOffice of Community Board 16
444 Thomas S. Boyland Street, Brooklyn
Prospect Plaza - Site Location
Prospect Plaza - Project Update | 3
Project Background
1995 2000 2010
Four (4) high-rise towers completed by private developers under the
federal Turn-Key Program
1970
1974
HUD HOPE VI application submitted
HOPE VI grant awarded
Relocation of 365 Prospect
Plaza residents begins
RFP issued for development
of Site C
Michaels Development
Company (MDC)
selected
Relocation of Prospect
Plaza residents completed
Towers rapidly deteriorated due to poor construction
and lack of maintenance;
significant social issues developed due to very low-
income households
1998
1999
2001
2002
2003
2003
2005
2006
2006
2006
2007
MDC project fails financial
feasibility; termination letter issued
Construction plans approved by
NYCHA & HUD
430 Saratoga
Avenue demolished
Development Agreement
with MDC completed
Plan amended: reduces P.H.
units from 365 to 240
2010
Re-Vision Prospect Plaza
Community Planning
Workshop
2011
Re-Vision Prospect
Plaza RFP Release
2012
Demolition of existing
towers begins
Prospect Plaza - Project Update | 4
Prospect Place
Sterling PlaceSterling Place
St. Mark’s AveSt. Mark’s Ave
How
ard
Ave
How
ard
Ave
Sara
toga
Ave
Sara
toga
Ave
Eastern Parkway
Eastern Parkway
Park PlacePark Place
Bergen StBergen St
Dean StDean St
Paci�c StPaci�c St
LEGEND
Phase 1Phase 2Towers
Prospect Plaza - Completed Phases
Phase I - Homeownership37 two-family homes•32 homes purchased by former public •housing residents
Phase II - Rental150 rental units•30% preference for former Prospect •Plaza residents using Section 8 vouchers
Community Supportive ServicesEducation and Employment Training •Assistance Program (EETAP)Homeownership counseling•Financial counseling•
Prospect Plaza - Project Update | 5
Re-Vision Prospect Plaza Community Plan
Community Planning Workshop
3-day workshop in June 2010•
Over 100 individuals participated, half •of whom were former Prospect Plaza residents.
Re-Vision Prospect Plaza Website
www.revisionprospectplaza.com
Website launched in September 2010•
Portal for workshop materials, videos, •and most recent project updates
Prospect Plaza - Project Update | 6
NYCHA submitted an amendment to the Prospect Plaza Revitalization Plan to •HUD in March 2011. The amendment provided approval for demolition and new construction based on Re-Vision Prospect Plaza Community Plan.
NYCHA received conditional approval from HUD on May 3, 2011. •
The conditional approval is contingent upon the development of at least 360 units •of affordable housing, including a minimum of 80 units of public housing.
NYCHA and HPD will jointly issue a Request for Proposals (RFP) for new construction. •
Developer will be selected through a competitive process in early 2012 and •construction is anticipated to begin in late 2013.
Prospect Plaza Revitalization PlanStatus
Prospect Plaza - Project Update | 7
Community Planning Workshop - Design Principles
Demolish three vacant towers: build at least 360 new housing units•
Maintain the neighborhood scale: build up to 6-story buildings•
Allow for housing type diversity: walk-up and elevator buildings•
Create safe streets: provide more entrances at grade•
Incorporate green spaces: provide pocket parks and green backyards•
Allow for quality retail spaces: supermarket and other neighborhood retail•
Incorporate sustainable design: materials, systems, and build lay-outs•
Re-Vision Prospect Plaza RFP
Prospect Plaza - Project Update | 8
Goals
Design, construction, and operation of a high-quality, mixed-use development •
Project that is financially feasible and responsive to the community’s needs•
Outstanding example of sustainable design•
Project Components
Approx. 80 Public Housing units and 280 Affordable Housing units (up to 60% AMI)•
Approx. 23,000 SF Ground-Floor Retail / Commercial Space•
Approx. 10,000 SF Community Facility Space•
Open Space integrated throughout the development•
Re-Vision Prospect Plaza RFP
Prospect Plaza - Project Update | 9
Phase NamePublic
Housing Units
Affordable Housing Units
(60% AMI)
1Prospect
Place South
60 105
2Prospect
Place North
20 60
3 Saratoga 0 115
TOTAL 80 280
Re-Vision Prospect Plaza RFP
Prospect Plaza - Project Update | 10
Saratoga Site
Mixed-Use Development
23,000 SF Retail / Commercial Space•
10,000 SF Community Facility Space•
City-Owned Site
Optional development site in RFP•
Potential for 29,000 SF recreation area•
Re-Vision Prospect Plaza RFP
Prospect Plaza - Project Update | 11
Selection Criteria
Financially feasible plan•
Development experience•
Management experience•
Affordability terms•
Least use of City subsidy•
Unit size and distribution•
Re-Vision Prospect Plaza RFP
Resident services•
Hiring of NYCHA residents (Section 3)•
Quality of design proposal•
Sustainable design•
Safety and security•
Prospect Plaza - Project Update | 12
Next Steps
December 20, 2011 RFP Release Date
January 11, 2012 Resident Update Meeting
January 17, 2012 RFP Pre-Submission Conference
March 30, 2012 RFP Responses Due
April 2012 Demolition Contractor Selected
August 2012 NYCHA and HPD select Developer
September 2012 Pre-Development Phase Begins
September 2013 Phase 1 - Construction Closing
Re-Vision Prospect Plaza RFP
Prospect Plaza - Project Update | 13
Contact Information (in writing)
David DownsNew York City Housing AuthorityDepartment for Development250 Broadway, 24th FloorNew York, NY [email protected]
Re-Vision Prospect Plaza RFP
