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Mid-North Quality of Life Plan Mid-North Commercial Node Identification and Redevelopment Strategy The 5 Ws.

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Presentation on theme: "Mid-North Quality of Life Plan Mid-North Commercial Node Identification and Redevelopment Strategy The 5 Ws."— Presentation transcript:

1 Mid-North Quality of Life Plan Mid-North Commercial Node Identification and Redevelopment Strategy The 5 Ws

2 Tonights Agenda Detail, 1950s (IMCPL Digital Collections, Indianapolis Firefighters Museum Collection) Background Leigh Riley Evans, Mapleton-Fall Creek Development Corporation Nodes and Mid-North Indianapolis Ian Colgan, Development Concepts, Inc. Roundtable Discussions Report Outs Next Steps Jay van Santen, Mid-North Neighbor and Business Owner Tonights Agenda

3 Background Detail, 1950s (IMCPL Digital Collections, Indianapolis Firefighters Museum Collection) Identify Prioritize Develop Plans and Strategies

4 Background Detail, 1950s (IMCPL Digital Collections, Indianapolis Firefighters Museum Collection)

5 Background 2009 Google Imagery

6 When do I have my say? THREE Community Workshops: Thursday, 9/20 at 6:30pm Thursday, 10/25 at 6:30pm Thursday, 11/15 at 6:30pm Ivy Tech- North Meridian Center, Room 438 50 W. Fall Creek Parkway N. Dr., 46208

7 …… points within the city, strategically located, into which the individual enters (and which is often the main focal point to which she or he is traveling to or from). There are often junctions – a crossing or converging of paths. They often have a physical element such as a popular hangout for the individual or a plaza area - Kevin Lynch What is a commercial node?

8 What defines a successful neighborhood commercial node? – Cluster/concentration of commercial activities (shopping, dining, services, etc.) – Mixture of destination and locally serving businesses – Good pedestrian accessibility – Used often by nearby residents – Fosters social interaction What is a commercial node?

9 What defines a successful neighborhood commercial node? – Cluster/concentration of commercial activities (shopping, dining, services, etc.) – Mixture of destination and locally serving businesses – Good pedestrian accessibility – Used often by nearby residents – Fosters social interaction What is a commercial node?

10 Kessler & College – Indianapolis, IN Examples of Nodes – Corner Shop

11 Regent & Allen – Madison, WI Examples of Nodes – Corner Shop

12 56 th & Illinois – Indianapolis, IN Examples of Nodes – Small Urban Cluster

13 52 nd & College – Indianapolis, IN Examples of Nodes – Small Urban Cluster

14 McMillan Street – Cincinnati, Ohio Examples of Nodes – Neighborhood Commercial Center

15 Brady Street – Milwaukee, WI Examples of Nodes – Neighborhood Commercial Center

16 Bucktown – Chicago, IL Examples of Nodes – Urban Commercial District

17 South Street – Philadelphia, PA Examples of Nodes – Urban Commercial District

18 Eddy Commons – South Bend, IN Examples of Nodes – Project Based

19 Traffic Count Population Density Income Residents Employees The recipe for successful urban commercial nodes / districts Market Dynamics

20 MIDWEST NODES Bucktown – Chicago, IL Uptown – Minneapolis, MN The Loop – St. Louis, MO Brady Street – Milwaukee, WI Grand Avenue – St. Paul, MN Hyde Park – Cincinnati, OH Bardstown Road – Louisville, KY INDY NODES Fountain Square Mass. Ave. Irvington 49 th & Penn 56 th & Illinois 52 nd /54 th & College Broad Ripple MID-NORTH 25 th & Meridian 22 nd & Meridian 32 nd & Meridian 34 th & Illinois 38 th & Illinois 38 th & College State Fairground College & Fairfield 30 th & College 30 th & Central

21 Potential Nodes

22 Market Dynamics

23 TRAFFIC COUNT (ADT)INCOME (Per Capita)DENSITY (people per sq. mi.) <10,000 10,000 – 15,000 15,000 – 30,000 30,000+ >$18,000 $18,000 - $25,000 $25,000 - $35,000 $35,000+ 10,000+ 6,000 – 10,000 3,000 – 6,000 <3,000

24 Market Dynamics DENSITY (people per square mile) New York City (Manhattan)69,771 / square mile Chicago11,864 / square mile Washington D.C.10,065 / square mile Minneapolis7,019 / square mile Milwaukee6,296 / square mile Cincinnati4,273 / square mile Denver4,044 / square mile Atlanta4,020 / square mile Columbus3,556 / square mile Indianapolis2,273 / square mile

25 8,771 people per sq. mi. 5,677 People per sq. mi. 3,119 People per sq. mi. Population Density (within ½ mile radius) Market Dynamics

26 $42,671 $36,744 $18,287 Per Capita Income (2010) Market Dynamics

27 17,920 ADT Traffic Counts (Average Daily Trips) Market Dynamics

28 Employment Density Market Dynamics 4,797 employees per sq. mi. 1,917 employees per sq. mi. 3,042 employees per sq. mi.

29

30 Market Dynamics

31 30-40 minutes Priorities: – Prioritize 3-4 nodes based on market dynamics and local need – Select what types of commercial node is a best fit for each priority area Other Considerations – Scale of redevelopment/investment needed – Parking – Potential need for higher density – Need to acquire / demolish existing homes to create sites large enough – Retail works differently than it did 50 years ago when commercial nodes were more commonplace – Needs of different markets (daytime, nighttime, local vs. visitors, residents vs. workers, etc. Break Out Sessions


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