Kimley-Horn & Associates Rose & Associates

GOAL 7: REDEVELOPMENT OF THE HEART OF GERMANTOWN 1. Mixed use (residential and nonresidential) development in the heart of the City area 2. Strong retail businesses and office development for professional services 3. People living in the heart of the City area lofts, above business condos, townhouses 4. Pedestrian friendly layout linked to Citywide path/trail system 5. Mid-rise buildings with mixed uses that are attractive and inviting for people 6. Creating a sense of place for the community Germantown Vision 2020

Plan Area

Public Design Charrette September 20-26, 2006

Firm (Little or No Intervention Necessary) Ripe for Development/ Redevelopment Possible Future Opportunity

Transportation Recommendations Focus on Key Gateway Intersections for Pedestrians Install Pedestrian Crosswalks and Countdown Timers at all intersections Coordinate the current signal system on Germantown Road Establish a Bicycle Network Reclaim unused asphalt for on-street Parking Connect Germantown Road to Germantown Road Transportation Recommendations

Pedestrian-oriented Intersections

Poplar Avenue at Main Street To Hospital Poplar Avenue at Main Street

Exeter Road – Plan A

Exeter Street

Germantown Rd/ West St Connection

Town Center West

Outparcel Building

Owen Tract – Germantown Rd

Owen Tract – Neshoba

The Town Square

Main Street

Main Street – Phasing Strategy Phase 5: Redevelopment of Mall Site Redevelopment of outparcels at Exeter + Poplar Completion of Main Street Infill of Mixed-Use Bldgs along Main Street Phase 3: Complete Redevelopment of Hobby Lobby Site New Mid-Block Street Phase 1: Storefronts along Exeter On-Street parking on Exeter Phase 2: New Mixed-Use Bldg south of Hobby Lobby New Road connecting Farmington and Exeter Phase 6: Redevelopment of Schnuck’s Center Phase 4: Redevelopment of Dollar Tree site New Road from Exeter to future Main Street Main Street – Phasing Strategy

General Recommendations Urban Design Guidelines Public Art Wi-fi “hot zones” Sustainable Design “Green Buildings” Marketing & Branding

SmartCode Form-Based Codes Focus is on the design (or form) of the buildings and the use is secondary. Promotes More opportunities for mixed-use Better infill compatibility Greater attention to streetscape and the design of the public realm; and the role of individual buildings in shaping the public realm Form-Based Codes

Primarily Residential Primarily Mixed-Use Graphic by Duany Plater-Zyberk & Company Less Density More Density Primarily Residential Primarily Mixed-Use Smaller Buildings Larger Buildings More Greenspace More Hardscape Detached Buildings Attached Buildings

Regulating Plan & Code

Building Scale Plans

Financial Analysis Development Goals To support additional retail and restaurant offerings we need: People & Money People by day: Employees Current: 2,717 Goal: 7,500 Plan: 6,835 People at night: Residents Current: 1,075 Goal: 4,000 Plan: 3,575 Development Goals

Smart Grown Plan Absorption Financial Analysis Total Units Per Plan Average Annual Absorption Absorption Period Office 1,387,800 sf 131,406 sf 10.5 years Retail 1,104,200 sf 120,000 sf 9 years Residential 1,233 units 115 units 7 years Smart Grown Plan Absorption

Financial Analysis Before and After BEFORE AFTER NET GAIN Housing 470 1,233 Units 763 Commercial 908,931 2,096,900 S.F. 1,187,969 TOTAL STUDY AREA Estimated Value 343,086,200 724,230,400 381,114,200 111% SUPERBLOCK / MAIN STREET 66,450,200 283,813,600 217,363,400 327% GERMANTOWN Appraised Value 4,683,528,100 5,064,642,300 8% Before and After

Development Capacity Analysis

Development Capacity Analysis

Regulating Plan & Code