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HomeMy WebLinkAboutHEDRA IV c.LIST OF POSSIBLE EDRA GOALS The EDRA combines the powers and goals of an HRA and an EDA. • HRA powers are meant to facilitate the redevelopment and rehabilitation of commercial and residential property thereby stabilizing and revitalizing neighbor$oods. • ED_A powers are meant to facilitate the establishment or expansion of businesses thereby increasing the tax base and number of job opportunities. EDRA ROLE: • Provide planning and leadership for long teen commercial, residential and infrastructure improvements within redevelopment and development areas. • Form partnerships with individuals, businesses and organizations to achieve results. • Emphasize redevelopment and reuse of existing infiastructure and services where possible. Support historic preservation for housing stability, tourism development and job creation. • Emphasize creation of good jobs and an increase in the tax base as key public purposes for business assistance. • Recover costs and develop non-tax revenues to support ongoing programs as much as possible. Do~vnto~vn Redevelopment .Area 1. Transit development goal: Support the establishment of commuter service and transit- oriented developments centered on Blocks 1, 16 and 23 in cooperation with Red Roc k Corridor, 1\ITC and private developers. 2. Building preservation and improvement goal: .Assist owners to provide competitive commercial space, attractive residential rental units, maintain historic appe:uances and new buildings consistent with the downtown character and the Heart of Hastings Master Plan. 3. Redevelopment goal: Blighted, non-conforming and vacant properties cleared and reused for new consh'uction by private developers including Block 1, 2, 3, 15 and 29. V"ermillion Street Redevelopment .Area 1. Redevelopment goal: Facilitate new mixed ttse development consistent with the area plan (Vermillion Street Development Guidelines), emphasizing property at controlled intersections such as l ltlt, 15th, 18t1t and 23`d Streets. Where properties are blighted and obsolete, facilitate removal and reuse or remodeling. 2. Appe:n'ance goals: Ensure that remodeled and new commercial buildings are consistent with visual continuity and :uchitectural standards, scale, massing and materials. Facilitate new and replacement signage, lighting and landscaping to create a unified, quality impression of Vermillion Street and Hastings. 3. Access goals: Balance business access with public safety by encouraging controlled intersections, new street connections, right turn lanes, shared access and shared parking. Communil~- Housing 1. Housing presen~ation goal: Encourage the maintenance and improvement of housing of all ages and sizes though rehabilitation programs. 2. Affordable housing goal: Facilitate the creation of new housing opportunities for persons of all ages, economic groups and family sizes by cooperating with private development, public organizations and non-profits. Industrial and Business Areas 1. 1~I:uketing goal: Promote Hastings' assets as acommercial-industrial location. 2. Development goals: Complete the development of the remaining 40 acres in the existing industrial park. Facilitate an increase the amount of land available and zoned for business-industrial use in other locations. 3. Appearances: Ensure that materials, design and landscaping for new and remodeled buildings consistent with design standards. 4. Job creation: Emphasize the creation of permanent living wage jobs when considering financial assistance for business growth and expansion.