Ormond Beach Downtown CRA

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Presentation transcript:

Ormond Beach Downtown CRA FY 2015 Annual Report

Vision Today Downtown Master Plan Update (2007) depicts preferred concepts that reflect the existing and desired vision articulated for the Creek, River and Ocean Districts. Creek District – Intended to enhance the existing suburban style development pattern. River District – Traditional downtown appearance enhanced with similar form and function. Ocean District – More intensive infill housing with mix use development along Granada and the side streets. The Vision

Issues→ Strategy → Implementation Issue Summary Strategy Implementation Nondescript buildings physical Design guidelines Bldg. conditions Improvement grants Substandard infrastructure Stormwater and utility improvements Maximize use of OS OS venue improvements Taming of SR40 Streetscape improvements Suburban character regulatory Emphasize form – not use Lack of pedestrians Bus. support Create special events Business vacancy Bus. Assist. Marketing, advertising

Building Improvements in CRA District Projects Public $ Comments 194 East Granada Blvd $50,000 Committed in FY 2013-14 Closed out in FY 2014-15 42 East Granada Blvd 48 West Granada Blvd Closed Out in FY 2014-15 115 East Granada Blvd $35,065 Total $185,065 Funds paid out in FY 2014-15 for projects encumbered in FY 2013-14

2014 Projects Description 2014 Project Cost Building Improvement Grants $185,065 Main Street Contract $60,000 Infrastructure improvements related to sidewalks, lighting, and irregation $105,000 Downtown Landscaping of street edge, $898,000 Cassen, New Britain Stormwater, and Bridge Uplighting design preparation costs $92,000 Grounds Maintenance $203,541

In Summary….. 100% of all TIF expended revenues benefit residents and businesses in the CRA District. No administrative costs are charged to the CRA District. The contributing TIF partners to this redevelopment effort benefit from the demonstrated confidence exhibited by private sector capital investment in the downtown CRA.