City Council Agenda and Packet 2018 04 03

Home Browse Search

SUBJECT: D/D/A MCCASLIN AREA REDEVELOPMENT WORKPLAN DATE: APRIL 3, 2018 PAGE3OF4 Option 2: Staff Generated Redevelopment Options Based on feedback from businesses, property owners and developers, staff could propose land use scenarios for the property. Should City Council want to explore changes in land use based on these scenarios, staff could follow up by drafting comprehensive plan policy and/or ordinances that Council could consider that would reflect desired lands uses. Pros: Utilize information gathered from interested parties to showcase the private sector's concepts for redevelopment. Use current feedback from business, property owners and developers to understand market supported development scenarios rather than using City resources for a market analysis. Cons: There wouldn't be a third -party objective analysis to outline the market demands to evaluate the effectiveness of allowing other land uses. Option 3: Consider changes to Comprehensive Plan/Small Area Plan Policy. Staff could propose changes to the Comprehensive Plan and Small Area Plan policies that do not specifically call out desired land uses, but would allow consideration of new development scenarios through a development review process. These policy changes could express a desire for the City to review land use scenarios for redevelopment that meet certain criteria, such as demonstration of a strong positive fiscal impact and maintenance of desired community character. Pros: It provides an opportunity for the City to work with a property owner or developer to define a mix of land uses during the development review process that would be supported by the market and also meets community goals, such as having a positive fiscal impact and preserving community character. Cons: It is unlikely a property owner or developer would proactively propose a change of uses without clear policy direction from the City. Option 4: No changes of use; define incentive packages for retail development The McCaslin Small Area Plan and the Comprehensive Plan state the area should be primarily retail uses. A fully retail redevelopment is possible for the property, but such a redevelopment appears to not be feasible for a developer or property owner due to development restrictions on the property that add to the financial risk or viability of developing the property. City Council may want to outline a defined incentive proposal to encourage retailers to reconsider the site. Staff could prepare various incentive packages for City Council consideration. COUNCIL COMMUNICATION