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EXHIBIT B TO RESOLUTION NO. 2951 AMENDMENT TO THE SOUTH BEND CENTRAL DEVELOPMENT AREA DEVELOPMENT PLAN EXPANSION OF THE SOUTH BEND CENTRAL DEVELOPMENT AREA (SBCDA) 1. AREA EXPANSION STATEMENT Redevelopment staff proposes the expansion of the South Bend Central Development Area (SBCDA) to include portions of the former South Bend Public Transportation Corporation ( TRANSPO) property as well as adjacent properties. Addition of these properties to the SBCDA will allow for the establishment of new public infrastructure to support the proposed residential development per the Howard Park Neighborhood Master Plan, a study completed by the Commission in 2009. 2. DESCRIPTION OF PROJECT Summary In the fall of 2010, TRANSPO relocated its operations to a new facility by Ignition Park, leaving behind approximately 10 acres of prime land in the Howard Park Neighborhood. A study conducted by the Redevelopment Commission, The Howard Park Master Plan, envisions new residential development (primarily single family with potential for townhomes) at this site. It is the City's vision that the development proposed on the TRANSPO site will serve as a catalyst for future private investment in the Howard Park and East Bank Village area of downtown. TRANSPO currently owns approximately 10 acres of property in the downtown area. Of these 10 acres, 5.5 acres lie within the SBCDA while 4.33 acres lie outside of the SBCDA. Some uses adjacent to TRANSPO are of an industrial nature and are considered non - compatible with the proposed residential development. The new boundary will include the 4.33 acre TRANSPO owned parcels as well as a few adjacent non - compatible parcels. Redevelopment Planning in the Downtown Since 1968 three areas near the center of South Bend have been declared to be redevelopment areas by the South Bend Redevelopment Commission. These three areas - the Central Downtown Urban Renewal Area, the East Bank Development Area and the Monroe Sample Development Area- were each found to be blighted areas and plans were adopted to eliminate that blight and bring about new growth and redevelopment. Although each area had its own individuality in terms of land use, zoning, public improvements and plans for revitalization and redevelopment, it eventually became clear that all these areas were related to each other. The Redevelopment Commission in time merged the three areas into the South Bend Central Development Area to facilitate better planning and redevelopment. The three sub areas have had their own plans, some more specific than others. The South Bend Central and Monroe - Sample areas have seen their share of redevelopment activity over the years with the East Bank Development Area seeing the least amount, if any.