Downtown Plano Transit Village TOD Strategies for Suburban Downtowns.

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Presentation transcript:

Downtown Plano Transit Village TOD Strategies for Suburban Downtowns

Downtown Plano

Quaint, but Forgotten Physical Deterioration Physical Deterioration Business Decline Business Decline Absentee Ownership Absentee Ownership Community Detachment Community Detachment Lack of Vision Lack of Vision Inertia Inertia

Decaying Downtown Edge

Downtown Vision Transform downtown into a compact, mixed-use, urban center consistent with the principles of new urbanism and transit oriented design to enhance the community’s quality of life and provide a model for sustainable development within a maturing suburban city. Transform downtown into a compact, mixed-use, urban center consistent with the principles of new urbanism and transit oriented design to enhance the community’s quality of life and provide a model for sustainable development within a maturing suburban city. ¼ Mile Strategy Locate/design LRT platform to maximize benefitsLocate/design LRT platform to maximize benefits Develop and manage parking and linking transit programsDevelop and manage parking and linking transit programs Add 1,000 dwelling units and 50,000 sq. ft. retail useAdd 1,000 dwelling units and 50,000 sq. ft. retail use Reinforce downtown as an arts districtReinforce downtown as an arts district Expand park & streetscape improvementsExpand park & streetscape improvements Preserve historic buildingsPreserve historic buildings Provide incentives for reinvestmentProvide incentives for reinvestment

Redevelopment Sites

Public/Private Partnerships

Business Assistance

Expanding the Public Realm

Creating People Places

Eastside Station

Downtown Accomplishments 490K Sq.Ft. New Dev. $34M 490K Sq.Ft. New Dev. $34M 465 Apts. 40K Sq.Ft. Com. Dev. 465 Apts. 40K Sq.Ft. Com. Dev For Sale Units Under Const For Sale Units Under Const. 220K Sq. Ft. Proposed Fall ‘08 220K Sq. Ft. Proposed Fall ‘ & 100-Seat Theaters 325 & 100-Seat Theaters Improved Park/Streetscape Improved Park/Streetscape Rail and Bus Service Rail and Bus Service New Businesses New Businesses $120M+ Tax Base Expansion $120M+ Tax Base Expansion

Downtown Plano: A Transit Village Reborn