REDMOND

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REDMOND
REDMOND
D O W N T O W N
REDMOND DOWNTOWN DRAFT ACTION PLAN UPDATE
Urban Renewal Board April 25, 2006
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Agenda

• 2000 Downtown Plan
• 2006 Downtown Plan Update
• Discussion

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Downtown Action Plan 2000
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2000 Downtown Action Plan

• Capital Improvement Plan
• Sidewalks/Curb Extensions
• Street Trees/Landscaping
• Historic Lighting
• Plaza
• Library
• Alley
• Parking Lots

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Downtown Plan Update

• Architectural Design Standards
• Development Standards Recs
• Development Opportunity Sites
• Parking Management Plan
• Market Analysis Business Development Plan
• Action Plan Update

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Downtown Plan Update

• Architectural Design Standards
• Development Standards Recs
• Development Opportunity Sites
• Parking Management Plan
• Market Analysis Business Development Plan
• Action Plan Update

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Draft Action Plan

• Purpose
• Create a comprehensive action plan
• Update list of capital improvement
  recommendations
• Establish redevelopment tool kit incentives
  to promote redevelopment

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Draft Action Plan

• Purpose
• Create organizational framework roles
  responsibilities for downtown improvement
  projects
• Set priorities (timelines)
• Identify funding sources partners

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Downtown Urban Renewal Budget

• Total Budget 2006 2013
• 4 million - 9 million
• Phase 1 2006 2009
• 4 million 6 million
• Phase 2 2010 2013
• 6 million - 9 million

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Capital Improvements

• Public projects
• Streetscape alley upgrades
• Complete the plaza
• Parking structures/facilities
• 4.05 million / 45 of total budget

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Parking Facilities Fund

• Move to capital improvement fund
• 1.8 million / 20 of budget (phase 2)

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Redevelopment Tool Kit

• Incentives
• Flexibility streamlining in permitting
• Dev. opportunity studies for specific projects
• Free design assistance
• Update Façade Improvement Program
• Signage grant program
• Waiving or reducing SDCs (UR pays them)
• Grants to fill funding gaps
• Flexibility in parking requirements

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Redevelopment Tool Kit

• Incentives
• Buy down of loan rates on commercial development
• Take second position on project loans
• Grants or 0 loans for required seismic or ADA
  upgrades
• Forgivable debt if set criteria are met
• Streetscape improvements as part of redevelopment
  projects
• Optioning downtown opportunity site
• Vertical housing development zones
• 1.8 million / 20 of budget

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Property Acquisition Fund

• Assemble downtown properties for opportunistic
  strategic reasons
• Establish criteria for property acquisition
• Be in the public interest
• Address an issue where private development cannot
  proceed
• 1.35 million / 15 of budget

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Strategic Internal Decisions

• Adopt Decision Making Criteria for Urban Renewal
• Update Urban Renewal Plan by 2013
• Adopt property acquisition policies
• Create Urban Renewal staff position (for Downtown
  South Airport Urban Renewal Districts)

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Planning Projects Code Updates

• Adopt Architectural Design Standards
• Adopt Development Standards for Downtown (into C2
  zoning or create a new downtown mixed use zoning
  district)
• Conduct Downtown Transportation Study
• Traffic, circulation patterns
• Create Downtown Land Use Plan

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Parking

• Conduct detailed parking analysis
• Evaluate parking codes requirements
• Design place signage for parking wayfinding
  in the downtown
• Develop a structured parking facility

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Business Development

• Key business development strategies to promote
  downtown capitalize on the market opportunities
• Redmond Downtown Partnership Downtown Manager
  lead roles
• Customer Attraction Expansion
• Business Retention Recruitment
• Business Attraction

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Partnering, Communications, Marketing

• Project Management Team (PMT)
• RDP/Downtown Manager, City, DURAC
• Meet monthly to coordinate activities share
  information
• Marketing communication pieces
• Developers/property owners database

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Action Plan Update Next Steps

• DURAC May 8
• Urban Renewal Board May 9
• Community Meeting May 24 at Historic Redmond
  Church
• June/July DURAC Urban Renewal Board consider
  public input, make final revisions
• July beyond implement

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Discussion

• Overall comments?
• General budget allocations?
• Priorities?
• Questions?

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REDMOND
REDMOND
D O W N T O W N
REDMOND DOWNTOWN DRAFT ACTION PLAN UPDATE
Urban Renewal Board April 25, 2006