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01-29-1998
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01-29-1998
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8/8/2018 5:29:06 AM
Creation date
8/8/2018 5:28:03 AM
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MV EDC
EDC Document Type
Council Packets
Date
1/29/1998
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10 Approximate Acres - 36 <br /> Current Character- Two retail centers, senior housing, library and convenience\fast food stores. <br /> Proposed Vision - Improve access to retail centers and encourage the successful leasing of stores <br /> that serve the community and commuter traffic. <br /> Benefits <br /> • Sustain\Improve the Tax Base <br /> • By improving access both on foot\car can increase density more use of retail centers. <br /> Challenges: <br /> • Difficult providing assistance with assurance that business owners would benefit. <br /> • Tough competition with Northtown <br /> Section 9 - Mixed-Use Development <br /> Approximate Acres - 33 <br /> 40 Current Character- Mix of scattered commercial development, multi-family housing and <br /> underutilized and underdeveloped parcels. <br /> Proposed Vision - Coordinated mixed-use development with commercial complex to the south <br /> and a mixed multi-family\commercial use to the north. <br /> Benefits <br /> • Remove\improve dilapidated structures and improve aesthetics. <br /> • Increase tax base and jobs. <br /> • Reduce public safety issues <br /> • Provide services for the general community and multi-family community living close to the <br /> area. <br /> Challenges: <br /> • Property owners not working together to market as a whole. <br /> • Some property owners have unrealistic price expectations for property <br /> • Properties to the North directly abut single family neighborhood. <br /> • Limited access off of Highway 10 <br /> • Wetland Considerations. <br /> Section 10 - Local Commercial Business <br /> • Approximate pp oximate Acres - 6.6 <br />
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