Agenda Issues and Concerns Adoption Potential Capital Projects.

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Presentation transcript:

Agenda Issues and Concerns Adoption Potential Capital Projects

Meeting 8 Implementation Plan February 13, 2014

Capital Projects Special Financing District Individual Project Incentives Meeting 8 Implementation Plan February 13, 2014

1 2 3

Gut Check Dislikes or Concerns Likes or Excited about Write Comments on Post-it-notes What do you like, what do you dislike, what do we need to adjust Place post-its on board for us all to review and discuss.

Adoption Jan 31st Send draft copy to the Committee Feb 13 th Committee Meeting – Review Comments (adopt or not) March Planning and Zoning Commission Recommendation AprilCity Council consideration

Implementation Approach Regulation Economic / Financial Communication & Marketing Projects

Implementation Actions REGULATIONS – Plan Amendments Review Consultants Report (Committee) Develop Summary Report (City Staff / Committee) Develop Comp Plan Amendments (City Staff / P&Z) Adopt Amendments (City Council) – Ordinance Revisions Review existing Zoning &Subdivision Codes (City Staff) Develop Required Amendments (City Staff / P&Z) Adopt Amendments (City Council)

Implementation Actions Economic / Financial – Public Born actions – (capital projects) Prepare large development area for private investment – Identify major capital projects – Determine best funding mechanism (bond program / CO / ect.) – Public Action Stimulates Private Investment – Create TARZ to recover city’s up-front infrastructure expenditures from new development – Incentives (380 agreements / tax abatements) – Reduce Developer Risk – Effect of reducing project costs – Only used for the most difficult projects (i.e.: non-traditional market areas)

Implementation Actions Communication & Marketing – Develop Plan Summary for Developer Review – Vet plan with developers with mixed use / TOD experience – Visit with stakeholders about plan and get feedback

Implementation Actions Projects – City Center Plaza – 24 Hour Fitness Road – Downtown Entry Streetscape (Main, Broad, Houston) – Uptown Village Streetscape (Clark Rd.) – Mixed Use / Urban Residential (Pioneer Trail) – City Central Park – Road “A” – Redevelopment of Phillips Properties

Implementation Actions Projects – City Center Plaza – 24 Hour Fitness Road – Downtown Entry Streetscape (Main, Broad, Houston) – Uptown Village Streetscape (Clark Rd.) – Mixed Use / Urban Residential (Pioneer Trail) – City Central Park – Road “A” – Redevelopment of Phillips Properties – Infrastructure Study for Historic Downtown/ Midtown Water/ Wastewater / Drainage Study – Code Development – Uptown Trail / Open Space – Cooper Street /Broad Street reconstruction into urban street form

Potential City Center Projects Straus Rd Trail City Center Plaza Belt Line Rd Trail Cooper St., Broad St., Cedar St. Library Road “A” Master Drainage Plan Public Infrastructure Fund (Water/Sewer & Drainage) Parkerville Trail

Parking and festival area Cinema New Restaurants and Entertainment Venues Rail Station Community Information & Gathering Place City Center Park Government Center

Parking and festival area Cinema New Restaurants and Entertainment Venues Rail Station Community Information & Gathering Place City Center Park Government Center

Parking and festival area Cinema New Restaurants and Entertainment Venues Rail Station Community Information & Gathering Place City Center Park Government Center

Land Acquisitions

Project Selection Criteria City can do on it’s own? Will it stimulate future development? Will the project define the development pattern for the area? Can you communicate it to your neighbor? Have you bought into the concept or project? Most cost effective?

Next Meeting Week of Jan 27 - Obtain a draft copy of the report to send to the Committee Staff review draft copy for a week Jan 31 Send copy to the committee for review Jan 31 STAFF Starts Work on the Summary Development Report Feb 13th - COMMITTEE MEETING – Projects Adoption Process Recommendation March 3 rd - STAFF – completes and send committee Draft Summary Development Report March 13th - COMMITTEE MEETING – Go over Committee Member Comments on Daft Summary Development Report Recommend approval or need another meeting? April 1st - P&Z Review/recommend adoption April 22 - CC Adopts