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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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F , <br />for much of this community's heavy industrial uses, special permit economic <br />" activities —scrap and salvage yards, railroad lines and truck terminals and servicing <br />areas. <br />i <br />For planning purposes, this sub -area has been divided into five sectors (See <br />Map 10.): <br />1. Northwest development sector; <br />2. Northeast development sector; <br />3. Calvert Road development sector - north <br />4. Calvert Road development sector - south <br />a <br />5. Olive Road. <br />Several development sites and site plans have been identified which might <br />serve as a phased redevelopment strategy. Phase One would be located in the far <br />northwest corner of the Rum Village Industrial Park and access would be provided <br />' from Sheridan Street (to be extended across Sample Street into the proposed new <br />industrial development site.) Approximately 52 acres of development sites could be <br />8 created. Phase Two would be east of New Energy Road and north and south of <br />Calvert Road. Approximately 62 acres of land could be opened for development. <br />Phase Three would be extended off of Phase Two moving east towards Olive Road on <br />both the north and south side of Calvert Street. Both Phase Two and Three would <br />require acquisition, relocation, clearance, demucking and public works elements in <br />order to assemble the land and to offer developable sites. <br />If the industrial development strategy is to be pursued, the sub -area has several <br />sections of incompatible land uses that must be addressed. Several small pockets of <br />houses along Calvert Street and on Olive Road are prime areas for acquisition, <br />relocation, clearance and site assemblage activities. Olive Road from the Sample <br />Street overpass south to the city limits is in need of improvements in terms of <br />ingress /egress, public works and streetscape. <br />In addition to the Olive Road element of the sub -area plan, several other <br />^' problems and opportunities can be identified. The Olive - Sample overpass area has <br />had several environmental problems in terms of water and soil contamination. The <br />Olive Street well field and Water Works pumping station offers some adaptive re -use <br />potential and land development possibilities. With the closing of the Mastic Plant on <br />South Olive, this large industrial facility also offers some re -use potential, especially <br />if the older portions of the facility were demolished to open up the site for better <br />access, circulation and parking. The rail yards could also be an opportunity for the <br />further development of the area's industrial capacity. <br />�L <br />-30- <br />5/21/93 <br />
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