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No. 1154 modifying/confirming Resolution No. 1151 designating the SEDA, delaring the SEDA to be blighted, approving a dev. plan/conditions under which relocation payments will be made, establishing an allocation area for purposes of TIF
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No. 1154 modifying/confirming Resolution No. 1151 designating the SEDA, delaring the SEDA to be blighted, approving a dev. plan/conditions under which relocation payments will be made, establishing an allocation area for purposes of TIF
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Street with the balance of the Sample- Broadway segment allocated for private <br />commercial or industrial development. This segment will be targeted for acquisition, <br />relocation, clearance, and site assemblage activities to create developable sites. In <br />addition, a public improvements program, appropriate to the changing land use, will <br />be developed and implemented. <br />Should the optimum development plan— institutional- educational- <br />recreational —fail to develop in the area north of Pennsylvania, the city and the <br />neighborhood must be ready to move to an alternative redevelopment plan. It is <br />suggested that this alternative is to redevelop the area as an industrial and business <br />park. This light industrial and general business park would be very similar to the <br />Monroe Industrial Park located north of Sample Street. A strong, well designed <br />buffer would be developed between the residential area to the south of Pennsylvania <br />Avenue and the new light industrial and general business park. Given the history of <br />urban renewal in the neighborhood, it is imperative that the community be positioned <br />to move aggressively to implement this alternative should the educational - institutional <br />campus development concept fail to materialize. <br />The second segment, between Broadway and Dubail is targeted for a major, <br />long -term neighborhood revitalization effort. As mentioned before, for purposes of <br />this plan, we are distinguishing between revitalization and improvement strategies. <br />Revitalization will require a more intense neighborhood effort with a higher level of <br />public investment. Improvement areas will be designated for similar programs and <br />activities; however, the level of effort and resources will not be as high because of <br />the less severe deterioration within the neighborhood improvement segment. <br />The neighborhood improvement segment is located between Dubail and <br />Ewing Streets. Activities such as housing rehabilitation, public improvements, code <br />enforcement, area clean -up, neighborhood organization and capacity - building, and <br />human and social services will be directed at both the revitalization and improvement <br />segments. <br />SOUTHEAST NEIGHBORHOOD <br />SUB -AREA GOALS <br />• Complete the redevelopment of the area between Sample (north), <br />Broadway (south), High Street (east) and Michigan Street (west) as a <br />major mixed -use project. The project would be composed of the new <br />Indiana Vocational Technical College campus (25 acres), the new <br />Parkview Juvenile Justice Center (8 + acres), the relocated Dean <br />-24- <br />5/21/93 <br />
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