RM 04-28-89 - Laserfiche WebLink

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1. Residential Areas Residential areas extend from Scott and Taylor Streets on the east to Cherry and Bir sell streets on the west and include the residential properties west of Birdsell and north of Washington Street. The area is predominantly single - family in charac- ter with two - family residential uses distributed throughout the area. Multi - family residential building exist in scattered locations. The residential area includes and is well served by several churches, the Hansel Community Center, and by other public and semi - public uses. Recreational facilities within the neighborhood are limited to twc small tot lots. The Natatorium located on Washington Street was once the premier recreational facility for the City, but it has been closed for several years. Recent surveys indicate that the area contains ,a. -- total —ef A56 residential buildings. Of these, 154 are basic�lly sound and - wellimai.ntained, 276 are deteriorating and in \. need of minor repair tt 173 are deteriorating - -. -.and in need of major repair, 35 are structurally substaadta� and rehabilitation may not be economically feasible, and 20 iire vacant and boarded -up. Although a limited number of scattered vacant par- cels exist within the Historic District, a large number of vacant sites ranging in size from single lots to one - quarter and one -half block areas are distributed throughout i the remainder of the area. o The real estate category with the strongest potential is residential real estate. The study area is very attractive for low- and moderate- income families seeking to purchase a first home. The area is also attractive for low- and moderate - income renters. o Further investments in both renter- and owner - occupied housing rehabilitation would benefit the area by making the area more attractive and preserving the housing stock. Given the incomes of area owner- occupants and renters, continued availability and possible expansion of.- public rehabilitation financing programs will be needed to encourage housing rehabilitation. o Within the study area's historic district, investment continues in substantial housing improvements. Encouragement of housing rehabilitation by young families seeking affordable older homes will further stabilize the Near Westside Neighborhood and strengthen the demand for resales of renovated homes. o The feasibility of building new rental or owner- occupied housing in the study__area _is._1_imited -.. .5u -7'Q �� Given local construction costs, it is unlikely that new housing can be built with acceptable lZa� -13oo W sales prices or rent levels unless major publ. ic_ subsidie-s._ are proyi c ed. New market -rate_ units ia_h rents or purchase prices adequate to coverer . ll development costs would not be marketable in ..the study area in the near future. o Retail development potential in new or rehabilitated buildings within the study area exists primarily along major thoroughfares such as Lincolnway and Western Avenue. There is__little j support for additional retail establishments .in t es u y area's former commercial concentrations along Washington and Chapin streets.