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10-03-08 Commission adopts LaSalle Square redevelopment plan
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10-03-08 Commission adopts LaSalle Square redevelopment plan
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10/3/2008 12:03:41 PM
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LaSalle Square is one of several areas where the City of South Bend has pursued targeted <br />redevelopment beginning with the adoption of strategic plans built on broad-based <br />community input. Similar efforts have taken shape or are under way in the Northeast <br />Neighborhood, Downtown, the East Bank Village and the Coveleski ballpark district. <br />Many of these focused development strategies have grown out of the groundwork laid in <br />2005-2006 by thousands of residents in the formation of City Plan, South Bend’s 20-year <br />comprehensive plan. <br /> <br />“City officials, developers and planning professionals don’t have a monopoly on good <br />ideas,” Luecke said. “We believe interactive planning represents the best way to shape <br />good public policy and foster strong private development for LaSalle Square’s future.” <br /> <br />LaSalle Square planning is funded by tax increment financing (TIF) revenue from the <br />west-side Airport Economic Development Area, the city’s largest. <br /> <br />In a TIF district, the increase in tax revenue generated by new development stays within <br />the boundaries of the district to fund infrastructure improvements, including curbs, <br />sidewalks, streets, landscaping and other public improvements. These resources are <br />available for economic development but not for general city services – a point often <br />misunderstood as the City faces the loss of $21.3 million in annual revenue from the <br />property tax caps advocated by Gov. Mitch Daniels and adopted by the legislature. <br /> <br />“If the City chose not to make these investments in LaSalle Square, we wouldn’t save a <br />single police officer or firefighter, or prevent the closure of a single park facility or <br />recreation program,” Luecke said. “By state law, these dollars can only be used for <br />economic development in the same way that individuals cannot use a health insurance <br />plan to pay for rising gas and food prices.” <br /> <br />Already, some initiatives are moving forward. Developers interested in a three-story, 60- <br />unit senior housing development have approached the City. Demolition is proceeding on <br />a former car wash property acquired by the City. And, this summer, the Redevelopment <br />Commission approved a development agreement between the City of South Bend, <br />Memorial Hospital and Saint Joseph Regional Medical Center to renovate a vacant <br />medical office building across from LaSalle Square to create a west-side family practice <br />facility. <br /> <br />In early 2009, Memorial Hospital and Saint Joseph Regional Medical Center will launch <br />Bendix Family Physicians, a fully staffed physicians’ office at 1010 N. Bendix Drive, <br />under the auspices of the non-profit Community Health Partners of South Bend. The <br />hospitals and private foundations will support Community Health Partners. <br /> <br />Renovation of the medical office building will take place in 2008. The facility is expected <br />to open in 2009. Community Health Partners will invest nearly $1.2 million to furnish <br />and equip the facility as a full-service medical practice and a venue for community health <br />information and programming, and underwrite ongoing operational costs. <br /> <br />The full report can be viewed at www.SouthBendIN.gov/LaSalleSquare <br /> <br />- 30 - <br /> <br />
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