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Published byIsabel Montgomery Modified over 5 years ago
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Downtown Monroe Infrastructure River Access and Quality of Life Improvements
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DEDD Mission: Create attractive physical and economic conditions in Downtown Monroe. DEDD led efforts to develop RiverMarket, which created a launching pad for new businesses. The RiverMarket has been a catalyst for historic preservation and downtown development. Downtown Monroe has approximately 5800 employees working out of downtown. There are 280 businesses and 360 residents with more on the way!
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Infrastructure Enhancements Louisville Avenue
Continue enhancement efforts on Louisville corridor from 6th to 9th street Provide lighting & pedestrian traffic Total Estimated Cost: $1,500,000 Chris Palwich, Randy
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Jackson Street From Jackson Street to DeSiard Street.
Crosswalks, pedestrian traffic and lighting. Total Estimated Cost: $700,000
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DeSiard Street DeSiard Street to 11th Street Cross walks, pedestrian traffic, and lighting Total Estimated Cost: $1,500,000
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Walnut Street From Louisville Avenue to DeSiard Street.
Crosswalks, pedestrian traffic, and lighting Total Estimated Cost: $550,000
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Railroad Crossing For Traffic & Pedestrian Flow
Total Estimated Cost: $6,000,000
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Art Alley Pedestrian Crossing Total Estimated Cost: $300,000
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Riverwalk Project Brick pathway stretching from the North of Louisville Avenue and running South to the Masur Museum Total Estimated Cost: $3,900,000
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River Stage & Access River Stage
Public Access to the River & Downtown Recreation Total Estimated Cost: $1,000,000
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Bridge Lighting Lighting for the Bridges
Total Estimated Cost: $250,000
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Enhancements Master Plan Landscaping
Landscaping for Downtown Total Estimated Cost: $1,000,000
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Security Network for District
Security cameras Total Estimated Cost: $500,000
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Improvements Louisville Avenue $1,500,000 Jackson Street $700,000
DeSiard Street Walnut Street $550,000 Railroad Crossing Bridge Underpass $6,000,000 Art Alley $300,000 Riverwalk Project $3,900,000 River Stage and Access $1,000,000 Bridge Lighting $250,000 Master Plan Landscaping Security Network for District $500,000 Total $17,200,000
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3 Mill Assessment $ 1,302,790 (annually)
Bondable Amount – 20 years $ 8,000,000 Grants and State Capital Outlay $ 5,200,000* Savings on General Fund picked up by District $ 4,000,000** Total: $17,200,000 *State DOTD matching funds, State Capital Outlay and FEMA in addition to other GRANTS **Maintenance taken over from the City out of various budget allocations
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DEDD Map
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