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8/14/2019 CR Library-02!04!10 Reduced

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Cedar Rapids Public LibraryFebruary 4, 2010 *Environmental and historical survey required for any site acquisition

0 150 300N

Emerald Knights Block

Site Availability Two Property Owners St. Martin Land Co. (approximately 85% of block)

Used Car Dealer (approximately 15% of Block)Schedule Constraints

None

Cost Comparison $3.375 million for site purchase Total projec t cost approximately $46.3 million

Demolition Costs $50,000: Current land owner will cover demolition costs up to $150,000

Impact on Tax Base Linn County Treasurers Office, 2008: $44,574

Parking Dedicated, structured parking for approximately 315 cars. (315 recommended)

Flood Impact No effect in 2008

Other Observations Pros -Relationship to Grant Wood Studio,History Center, and Masonic Library-Gateway presence off of interstateand 1st Avenue.-Little to no risk of future flood damage

Cons -More costly geothermal-Potential traffic challenge (one-waystreets/congestion)-traffic studyrecommended-Expensive parking-Steeply sloped site

Approximate Site

Development Costs1. Total Cost of Land . . . .

2. Demolition Costs. . . . . .

3. Cost of Parking . . . . . . .

Total. . . . . . . . . . . . . . . . . . .

Arcade

1st Avenue

A Avenue

1-380

2nd Avenue

3rd Avenue

7thS

treet 8

thS

treet

Parking ramp: 125 spacesper level

Library: 42,000 sf. footprint

Book drop


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0 150 300N

Gazette Block

Site Availability Two Property Owners Gazette/KCRG-Willing Seller

Peoples Church-currently for sale

Schedule Constraints Gazette Property available in 6 months. KCRG Property available in 18 months.

Cost Comparison $8.25 million for site acquisition Total projec t cost approximately $47.0 million

Demolition Costs $275,000 to remove KCRG & Gazette Buildings $75,000 to remove Parking Ramp


Parking Three potential parking scenarios. The version shown provides a total of 225 dedicated s

off-street spaces and 40 staff spaces in an existing ramp). A potential additiona l 40 spacavailable if Peoples Church is removed.

Additional street parking available around Greene Square Park.

Flood Impact 2008: no water on site Outside of 500 yearflood plain

Other Observations Pros -Relationship to CRMA-Geothermal capability-Book drop access-Moderate relationship toGreene Square Park-diagonal

Cons -Higher cost to demolish existing buildings-No lower level space (flood concern)-Ramp will need to be replaced

Approximate Site

Development Costs1. Total Cost of Land . . . .

2. Demolition Costs. . . . . .

3. Cost of Parking . . . . . . .

4. Gazette Pledge . . . . . .

Total. . . . . . . . . . . . . . . . . . .

2nd Avenue

1st Avenue

3rd Avenue

4th Avenue

Entry Plaza

Library:42,000 sf. footprint

Surface parking-105

Surfac e parking-80

Potential add itional40 surfac e pa rking

spaces, with removalof Peoples church

40 staff memberparking spacesat C ity Ramp

Bookdrop

5thS

treet 6

thStree

t


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0 150 300N

TrueNorth Block

Site Availability Three Property Owners TrueNorth (approximately 75% of block)-Willing Sellers at replacement cost Guaranty Realty owns remaining property. Willing Seller as long as replacement parking Proposed surface parking site currently owned by PepsiAmerica, contingent upon city pu

property for redevelopment

Schedule Constraints Refer to TrueNorth term sheet.

Cost Comparison $8.5 million for site acquisition (Estimated acquisition cost- actual price to be determined)

-Availability of land for parking unknown-Guaranty Bank replacement parking solution unknown

-Contingent upon TrueNorth successfully purchasing relocation property for $2,00 Total Project cost approximately $46.9 million

Demolition Costs $200,000 to remove TrueNorth building.


Parking Approximately 120 dedicated surface parking spots located ac ross 5th Avenue (315 reco

Access to an additional 195 parking spaces required in adjacent parkades (currently 60%

Flood Impact 2008: No water on N.E. corner/approximately 2 feet of water in S.W. corner Believed to be outside of the current 500 yearflood plain (confirmation of proposed flood

location to be verified).

Other Observations Pros -Potential connection to skywalk system

-Relationship to Greene Square park and CRMA

-Landscaped plaza at entrance-Geothermal capability-Adjacent to bike trail-Book drop/service access off of 5th Avenue

Cons -Train noise/vibration-No lower level space (flood)-No direct on-site parking

Additional Parking inramps

Potential skywalkconnection

Entry Plaza

Library: 42,000 sf. footprint

Surface parking-120

Book drop

2nd Avenue

3rd Avenue

4th Avenue

5th Avenue

5thStreet

6thStreet


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SSMID Map

Cedar Rapids Public LibraryFebruary 4, 2010

SSMID data from Cedar Rapids Downtown Districthttp://www.downtowncr.org/ Content/Our-Story/Our-Boards.aspx

Banjo Block

Greene Square Park

Gazette Block


TrueNorth Block

Existing Library Site


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2008 Flood Extents


Author: Chad Markin

Updated: 16 J uly 2009

Banjo Block

Greene Square Park

Gazette Block


TrueNorth Block



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Flood Insurance Rate Map


Flood Insurance Rate Map from FEMA Preliminary, December 1, 2008

Banjo Block

Greene Square Park

500 Year Floodplain

100 Year Floodplain

Gazette Block


TrueNorth Block


cr library-02!04!10 reduced

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