DEPARTMENT: Center City Development & Operations
DEPARTMENT HEAD: Lori Houston
COUNCIL DISTRICTS IMPACTED: District 1
SUBJECT:
Hemisfair Project Updates
SUMMARY:
An update on Hemisfair Park Area Redevelopment Corporation activities, including Yanaguana Garden, Park Streets, Civic Park, Public-Private Partnerships (P3), and philanthropy.
BACKGROUND INFORMATION:
Hemisfair Park Area Redevelopment Corporation (HPARC) was established in 2009 to manage and oversee the redevelopment and management of the site formerly referred to as HemisFair Park. The Hemisfair Master Plan, approved by City Council in February 2012, contemplates the establishment of public park space surrounded by development of P3 mixed-use vertical structures. To accomplish this goal, Hemisfair and the City have dedicated 18.5 acres of parkland and identified 14.5 acres of developable parcels for future development.
In May 2012 voters approved the use of $30 million towards the creation of parks, rehabilitation of historic assets, and reestablishment of streets at Hemisfair. In December 2014, City Council created the Hemisfair Park Public Facilities Corporation (HP PFC) which then authorized a Master Lease Agreement with HPARC to allow for long-term ground leases of the HP PFC properties. The City also approved a Master Agreement with HPARC to manage and oversee the parkland and buildings within the parkland.
Yanaguana Garden
Yanaguana Garden is located in the southwestern quadrant of Hemisfair, surrounded by Alamo, Chavez, Water, and E. Nueva streets. Yanaguana Garden is a four-plus acre public park designed for active play and recreational activities for people of all ages and abilities. It will attract residents from throughout the city, provide business and job opportunities, and strengthen the local community. It will offer dynamic educational, physical, and social experiences that encourage interaction, creativity, exploration, learning and fitness. ...
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