Thursday, November 18, 2010 LOMBARD DOWNTOWN PLAN Village Board Meeting Lombard Downtown Revitalization VILLAGE BOARD MEETING Thursday, November 18, 2010 Project Guidebook
LOMBARD DOWNTOWN PLAN Thursday, November 18, 2010 Village Board Meeting PRESENTATION OVERVIEW 1) Overall Development Strategy2) Site Concepts and Economics3) Transportation & Parking Strategies4) Streetscape Strategies5) Façade Enhancement Strategies6) Branding & Visual Identity Strategy7) Implementation8) Public Involvement Process
LOMBARD DOWNTOWN PLAN Thursday, November 18, 2010 Village Board Meeting East St. Charles Road TIF 1 West Downtown TIF STUDY AREA
LOMBARD DOWNTOWN PLAN Thursday, November 18, 2010 Village Board Meeting o Stakeholder Focus Groups o Working Group Meetings o Public Open Houses (2) o Project Website COMMUNITY OUTREACH Website >>>
LOMBARD DOWNTOWN PLAN Thursday, November 18, 2010 Village Board Meeting DEVELOPMENT STRATEGY – Auto vs. Pedestrian Vs.
LOMBARD DOWNTOWN PLAN Thursday, November 18, 2010 Village Board Meeting CONCEPT SITES: Core Downtown Area
Wednesday, October 27, 2010 LOMBARD DOWNTOWN PLAN Public Open House SITE 1 : Theater Site 1A CORE DOWNTOWN AREA 1B
Wednesday, October 27, 2010 LOMBARD DOWNTOWN PLAN Public Open House SITE 2 : Hammerschmidt Site CORE DOWNTOWN AREA
Wednesday, October 27, 2010 LOMBARD DOWNTOWN PLAN Public Open House SITE 3 : 7-Eleven Site CORE DOWNTOWN AREA
Wednesday, October 27, 2010 LOMBARD DOWNTOWN PLAN Public Open House SITE 4 :10-14 W. St. Charles Rd Site CORE DOWNTOWN AREA
Wednesday, October 27, 2010 LOMBARD DOWNTOWN PLAN Public Open House SITE 5 : W. St. Charles Rd Site CORE DOWNTOWN AREA
Wednesday, October 27, 2010 LOMBARD DOWNTOWN PLAN Public Open House SITE 6 : Fifth Third Bank/Praga Site CORE DOWNTOWN AREA
Wednesday, October 27, 2010 LOMBARD DOWNTOWN PLAN Public Open House SITE 7 : N. Main St Site CORE DOWNTOWN AREA
LOMBARD DOWNTOWN PLAN Thursday, November 18, 2010 Village Board Meeting CONCEPT SITES: East St. Charles Road Area
Wednesday, October 27, 2010 LOMBARD DOWNTOWN PLAN Public Open House SITE E1 : Garfield/Martha Site EAST ST. CHARLES ROAD AREA
Wednesday, October 27, 2010 LOMBARD DOWNTOWN PLAN Public Open House SITE E2 : Martha/Craig Site EAST ST. CHARLES ROAD AREA E2-A E2-B
Wednesday, October 27, 2010 LOMBARD DOWNTOWN PLAN Public Open House SITE E3 : Grace Site EAST ST. CHARLES ROAD AREA
Wednesday, October 27, 2010 LOMBARD DOWNTOWN PLAN Public Open House SITE E3 : Grace Site EAST ST. CHARLES ROAD AREA
Wednesday, October 27, 2010 LOMBARD DOWNTOWN PLAN Public Open House SITE E4 : North Vet Site EAST ST. CHARLES ROAD AREA
Wednesday, October 27, 2010 LOMBARD DOWNTOWN PLAN Public Open House SITE E5 : Allied Drywall Site EAST ST. CHARLES ROAD AREA
Wednesday, October 27, 2010 LOMBARD DOWNTOWN PLAN Public Open House SITE E6 : Windsor/Martha Site EAST ST. CHARLES ROAD AREA
Wednesday, October 27, 2010 LOMBARD DOWNTOWN PLAN Public Open House Goal Identify projects that will appeal to the market and provide TIF increment Methodology Look at the most optimistic possibility and alter design back until concept is least “breakeven” Immediate implementation Market Rents Comment on market concerns Project realistic Increment DEVELOPMENT FINANCIAL ANALYSIS
Wednesday, October 27, 2010 LOMBARD DOWNTOWN PLAN Public Open House DEVELOPMENT FINANCIAL ANALYSIS Willing Seller Meets Willing Buyer Willing Buyer Development income potential determines purchase price High risk perception lowers purchase price Willing Seller Current income sets value Obsolescence limits future lowering price Damage raises costs and lowers price Deferred maintenance lower prices
Wednesday, October 27, 2010 LOMBARD DOWNTOWN PLAN Public Open House DEVELOPMENT FINANCIAL ANALYSIS Downtown Pay-as-you-go estimate: $3.4 million Years 1 to 5: $180,000 per year Years 6 to 12: $350,000 per year Want to Bond? NPV estimate: $2.8 million/2=$1.4 million East Pay-as-you-go estimate: $2.4 million Years 1 to 3: $36,400 per year Years 4 to 15: $203,000 per year Want to Bond? NPV estimate: $1.6 million/2=$800,000
Thursday, November 18, 2010 LOMBARD DOWNTOWN PLAN Village Board Meeting Guiding Principles TRANSPORTATION STRATEGIES Build upon existing assets Improve connectivity between travel modes Improve walkability and pedestrian safety Improve bicycle network to downtown area
Thursday, November 18, 2010 LOMBARD DOWNTOWN PLAN Village Board Meeting
Thursday, November 18, 2010 LOMBARD DOWNTOWN PLAN Village Board Meeting Pedestrians/Bicycles/Transit TRANSPORTATION STRATEGIES Lincoln Ave crosswalk Park Ave pedestrian tunnel Martha St crosswalk Marked bicycle routes along Park Ave, St. Charles Rd & Main St New bus layover at Main St and Parkside Ave
Thursday, November 18, 2010 LOMBARD DOWNTOWN PLAN Village Board Meeting
Thursday, November 18, 2010 LOMBARD DOWNTOWN PLAN Village Board Meeting Parking Improvements PARKING STRATEGIES
Thursday, November 18, 2010 LOMBARD DOWNTOWN PLAN Village Board Meeting Parking Improvements PARKING STRATEGIES Parking Management Lease arrangement with AT&T Shared parking Varied time limits Consolidation/Reconfiguration Existing surface lots north of W. St. Charles Rd/west of Park Ave New Resources New surface lot at vacant TCF parcel New parking structure north of W. St. Charles/east of Park Ave New on-street spaces on E. St. Charles as part of road diet
Thursday, November 18, 2010 LOMBARD DOWNTOWN PLAN Village Board Meeting Builds on the 2009 Landscape Enhancements Plan STREETSCAPE ENHANCEMENT STRATEGIES
Thursday, November 18, 2010 LOMBARD DOWNTOWN PLAN Village Board Meeting Expand pedestrian areas General Recommendations STREETSCAPE ENHANCEMENT STRATEGIES Reduce cross lengths Make connections to destinations Improve materials Centralize destinations Identify downtown as a special place Improve the comfort of the pedestrian experience
Thursday, November 18, 2010 LOMBARD DOWNTOWN PLAN Village Board Meeting
Thursday, November 18, 2010 LOMBARD DOWNTOWN PLAN Village Board Meeting Park Ave/St. Charles Rd Intersection Primary Improvement Zone STREETSCAPE ENHANCEMENT STRATEGIES Train Station Main St
Thursday, November 18, 2010 LOMBARD DOWNTOWN PLAN Village Board Meeting
Thursday, November 18, 2010 LOMBARD DOWNTOWN PLAN Village Board Meeting St. Charles Rd Secondary Improvement Zone STREETSCAPE ENHANCEMENT STRATEGIES Mid block crossings Public open space
Thursday, November 18, 2010 LOMBARD DOWNTOWN PLAN Village Board Meeting Sculpture Park Tertiary Improvement Zone STREETSCAPE ENHANCEMENT STRATEGIES Gateway at Grace St/St. Charles Rd Streetscape
Thursday, November 18, 2010 LOMBARD DOWNTOWN PLAN Village Board Meeting Park Ave/St. Charles Rd Short Term Recommendations STREETSCAPE ENHANCEMENT STRATEGIES St. Charles Rd pedestrian crossing Design/permit Main St bridge improvements Restore pedestrian striping Sidewalk to Train Station
Thursday, November 18, 2010 LOMBARD DOWNTOWN PLAN Village Board Meeting Facade Enhancements EAST SIDE OF PARK AVE (BETWEEN ST. CHARLES RD & THE RAILROAD
Thursday, November 18, 2010 LOMBARD DOWNTOWN PLAN Village Board Meeting
Thursday, November 18, 2010 LOMBARD DOWNTOWN PLAN Village Board Meeting
Thursday, November 18, 2010 LOMBARD DOWNTOWN PLAN Village Board Meeting
Thursday, November 18, 2010 LOMBARD DOWNTOWN PLAN Village Board Meeting
Thursday, November 18, 2010 LOMBARD DOWNTOWN PLAN Village Board Meeting
Thursday, November 18, 2010 LOMBARD DOWNTOWN PLAN Village Board Meeting
Thursday, November 18, 2010 LOMBARD DOWNTOWN PLAN Village Board Meeting Implementation Pursue development of Hammerschmidt Site Early Action Projects Pursue improvements to W. St. Charles Sites Pursue consolidation of St. Charles Sites Pursue development options for Fifth Third/Praga, N. Main, and W. Charles sites Design and installation of priority streetscape elements Pursue façade enhancements Pursue economic development and parking strategies Design and installation of priority signage system
Thursday, November 18, 2010 LOMBARD DOWNTOWN PLAN Village Board Meeting Questions/Comments? o Teska Associates, Inc. o Fish Transportation Group o Gewalt Hamilton o wohltgroup o Hitchcock Design Group o Business Districts, Inc. o Richard Hunt Prepared by the Consultant Team of: