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townhomes along Eddy Street, connecting the north Eddy Commons Area <br />CW to the Five Points Intersection. In order to smoothly transition between <br />the high intensity use at Eddy Street Commons and the surrounding <br />neighborhood, it is envisioned that at the intersection of Eddy and <br />Napoleon there will be a continuation of commercial / mixed uses. But as <br />the development moves southward it will become primarily residential, <br />with rowhomes / townhomes until reaching Howard Street. <br />The Eddy Street Commercial Redevelopment Sub -Area has been <br />modified: expanded in order to encompass all the Phase I and II Eddy <br />Street Commons development; and reduced to remove the current Five <br />Points Intersection and the surrounding development parcels to be created <br />by the State Road 23 improvements. <br />2. Five Points Redevelopment Area <br />Engineering plans for improving State Road 23, and the Five Points <br />intersection, are currently being finalized by the State of Indiana <br />Department of Transportation ( "INDOT ") with construction anticipated to <br />begin in 2012. Plans call for widening State Road 23 in order to create a <br />divided highway with two lanes in each direction and reconfiguring the <br />Five Points intersection; the expansion will end at the Campeau and Eddy <br />intersection. Given that the reconfiguration of the Five Points Intersection <br />will create new and unique development opportunities, it is now in its own <br />sub -area. <br />The improvements to State Road 23 will create a number of opportunities <br />for new development in the neighborhood; the reconfiguration of the Five <br />Points intersection will open a large amount of land for redevelopment. <br />The future use of the land located at the new Corby Blvd. and State Road <br />23 intersection, and the surrounding area, should be focused on mixed use <br />development. Multi- family housing should be introduced along Corby <br />Boulevard to help buffer the single family residential from the increased <br />traffic and higher intensity uses which will occur along State Road 23. <br />(See Attachment A.) <br />Sub -area goals: <br />• Correct traffic hazard presented by confluence of South Bend <br />Avenue, Eddy Street and Corby Boulevard; <br />Facilitate consolidation of parcels and replatting to create <br />optimally -sized mixed use and office development sites; <br />Expand and improve locally owned and operated businesses; <br />A <br />