Projects Value Planning

VALUE PLANNING - COMMUNITY INVESTMENT STRATEGIES

Value Plan for the Winnipeg Exchange District (for the Exchange BIZ, Economic Development Winnipeg, Federation of Canadian Municipalities)

Danix Management Limited and Glen Murray, as subconsultant to Creative Applications for Sustainable Technologies Inc., were retained by the Exchange District Biz (EDB) to build out from (and integrate with) the recently complted Exchange District Plan 2022 to develop a community based investment strategy and neighbourhood sustainability plan. Key components of the deliverables for this project:

Neighbourhood Sustainability Index (NSI) which measured current conditions of sixteen metrics and identified the gaps to be closed to meet targets
Development of Walkability BlockScores for 102 blocks in the study area identifying deficiencies in both public and private sector realms to be addressed
Seven precinct development strategies built up from "foundational projects"
Preparation of value uplift calculations (trend projection vs. implementation of precinct development strategies)
Identified the path to move from investment strategy to invesment plan

The project report can be found at: https://www.exchangedistrict.org /exchange-district-community-investment-strategy/

Value Plan for the Alexander Docks Site / Winnipeg Exchange District (for the Exchange BIZ)

Danix Management Limited and the Glen Murray Group were retained by the Exchange District Biz (EDB) to examine the development potential of the Alexander Docks site with the intention of increasing the understanding and potential of promoting a practical interest in its development, including:

What are some practical development options for the Docks site?
How can the Docks site be integrated into the activities of the East Exchange District?
More broadly, what is the potential to strengthen linkages of the East Exchange to the Forks?
Are there attractive property development and investment opportunities?
What examples of success can be pointed to?

Proposed LRT (for the City of Hamilton)

The objective of this study, produced by the Canadian Urban Institute, was to provide a rationale for a proposed Light Rail Transit investment in the City of Hamilton as an economic development catalyst and revenue generator for the city. The study process involved: an evaluation of public lands along the corridor for their development potential; and evaluation of underutilized private lands along the corridor for their development potential; the preparation of two corridor development projections (with and without LRT); a calculation of the magnitude of property value uplift; and a review of potential value capture and realization. Daniel served as the value planning mentor to the study team.

Wealth Creation Strategy for York District (for the City of Guelph)

AuthentiCity (a planning practice of which Daniel Nixey and Glen Murray were two of the practice partners) was asked to customize a workable partnership model for the redevelopment of the York District in Guelph that successfully integrated the interests of the City of Guelph, the province and the community.

This Project had two principal elements:

The design and delivery of an engagement process, structured around specific engagement events, that focused attention on the identification of realistic opportunities and the realization of achievable outcomes within a partnership model;
The design of a development strategy for the York Lands, built upon the principle of sustainable development, that provided demonstrable returns to the landowners and unlocked the capacities of the local creative economy.

Proposed Intensification of Mississauga Town Centre Lands (for the City of Mississauga)

The objective of this project was to determine the financing strategies for a range of public investments, with a focus on transit, that could be used to support the development of the Mississauga Downtown 21 Main Street District. The project sought to align the proposed municipal infrastructure investments with tax-base uplift potential; restore the non-residential tax base by encouraging office development; find opportunities for advancing public-private partnerships; identify development opportunities that promote “place making”; and establish a financing plan to advance municipal development and redevelopment objectives.

Following the value planning approach developed by Daniel Nixey and Glen Murray in conjunction with the Canadian Urban Institute, the study team modeled the probable development response to a range of public investments and calculated the property uplift. The study team also recommended an approach to the participation of the major owners of the Main Street District.

District Wealth Creation Strategy (City of Saint John)

AuthentiCity (a planning practice of which Daniel Nixey and Glen Murray were two of the practice partners) was commissioned by Uptown Saint John to prepare a District Wealth Creation Strategy for uptown Sait John. The goal was to establish a coherent vision for the uptown peninsula that would increase its cultural vibrancy, grow its creative and cultural economy, and provide strong cultural and entertainment experiences for both residents and tourists. Experience in other cities had demonstrated that successful districts generate significant municipal revenues and provide a powerful engine to drive local economies. The goal of the strategy was to leverage the city’s cultural assets so that Saint John would stand out in the global competition for people and investment.

The core assignment was to work with the community to identify five "foundational projects" that Uptown Saint John and its partners could implement to advance these goals. The strategy placed the identified projects in a larger strategic framework to support their implementation and, more broadly, to strengthen Saint John’s capacity to realize its potential as a creative city.

Proposed LRT (for the City of Ottawa)

This study came about as the result of a Light Rail Rapid Transit (LRT) project in Ottawa that was being championed by the (then) Mayor of Ottawa as a critical public infrastructure investment in terms of realizing the planning objectives of the City of Ottawa’s Growth Management Strategy (Ottawa 20/20) and related “smart growth” policies.

Daniel Nixey led a team that was retained to examine the possibProposed LRT (for the City of Ottawa)

Daniel Nixey led a team that was retained to examine the possible actions the City could take to maximize its capture of a portion of the increase in property value resulting from the investment in the LRT. The study involved a detailed parcel-specific modeling of property values along the proposed corridor, with and without the LRT, under a range of assumptions relating to projected development response and an assessment of value capture based on various tax and development charge regimes.le actions the City could take to maximize its capture of a portion of the increase in property value resulting from the investment in the LRT. The study involved a detailed parcel-specific modeling of property values along the proposed corridor, with and without the LRT, under a range of assumptions relating to projected development response and an assessment of value capture based on various tax and development charge regimes.