Loading...
HomeMy WebLinkAbout110706 REDEVELOPMENTVirginia Beach has and is changing. Today’s presentation is about how to best manage that change. Presentation to City Council Bob Scott, Director of Planning Donald Maxwell, Director of Economic Development November 7, 2006 Four Observations The community has a pronounced preference for a rural ? south and the Green Line. Undeveloped land is scarce. We are not a young City anymore. This requires different ? priorities. Neighborhoods need more protection from intrusive land ? uses and densities More than ever, tax base needs to expanded. Difficult ? budget discussions require that we not only discuss how to spend money, but where it comes from. We need a policy for dealing with this new reality. ? We call that policy “redevelopment” ? Our policy, in two sentences, is this: ? Redevelopment in Virginia Beach is the job of the ? private sector. Job of the public sector is encourage, steer, and enable. ? The private sector is ready, willing and able to do ? this. Redevelopment Maximize Private Initiative and Investment. ? Remainprocessdriven with Community involvement at ? multiple levels. Recognize Government’s role: facilitate, guide, and ? enhance the process to achieve desired outcome: Increased Opportunity, Jobs, Income ? High Quality of Life ? Resources to accomplish community goals ? Take the right action at the right time for the right reason ? City Council Vision 2021 Virginia Beach is the Leading City in Virginia. ____________ Virginia Beach is a community with Diverse, Distinctive Neighborhoods, A Diverse Local Economy, Diverse Living Choices ,and an Effective Transportation System. _____________ Virginia Beach has Beautiful Natural Settings and Resources, First Class Resort, and a Vibrant Town Center. Goals 2011 Improve Transportation System Grow the Local Economy Create a Financially Sustainable City Revitalize Neighborhoods and Plan for the Future Be a Competitive, 1Class Resort for Residents, Businesses, and st Tourists Current Supporting Strategies Comprehensive Plan ? Economic Development Strategy ? Tourism Strategy ? Retail Strategy ? Agriculture Strategy ? Housing Study and Strategy ? Open Space ? Military Strategy ? City’s Transition Timeline Supporting Strategies 10/04--------------------------------12/05 Public Voices 3/05---------------------------------10/06 Redevelopment Strategy 10/04------------------------------------------------------------------------5/07 Development >>>>>>>>>>>>>>>>>>>>>>>>Redevelopment Working Environment Debt Capacity ? National Competition for Tourism ? Global Competition for Economic Development ? Transportation Issues ? Four Year University--Lacking ? Private Sector Investment ? Referendum ? Desired Outcomes Meet City Council Goals and Vision ? Citizen supported and Market Driven Growth ? Private Sector Investment ? Government facilitation, guidance, and ? enhancement Return on Investment Market expectations are enhanced thru government ? support Increased resources for infrastructure ? Neighborhood ? Citywide ? Distributes the tax burden ? Expands the tax base ? The Way Forward Geographically Based and Process Driven: ? City Council Leadership ? Community Involvement ? Draft Plan---Spring ? Comprehensive Plan 5 year review (Visioning) ? Implementation Leadership—led by City Council…partner with ? the private sector….facilitated by staff…with public involvement and input. Redevelopment Strategy Components Enabling Pieces ? Funding ? Cost Benefit ? Adjustments to Zoning ? JLUS ? Housing ? Relocation Plan ? Tools ? Organizational Structure ? Infrastructure ? Transportation ?