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No. 2348 designating boundary changes to AEDA to add SEDA, LaSalle Square and Marycrest/Hurwich
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No. 2348 designating boundary changes to AEDA to add SEDA, LaSalle Square and Marycrest/Hurwich
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8/13/2009 8:39:15 AM
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• PROJECT AREA STRATEGY <br />A. GUiDTNG PRINCIPLES <br />x The public sector's actions must be catalytic in nature in order to spark <br />private sector investment and reinvestment. The private sector investment <br />must include activities in the industrial, commercial, and residential <br />portions of the area. <br />x The public sector's actions must be holistic in approach physical <br />redevelopment and revitalization activities must be integrated into a social, <br />economic, and organizational agenda for action. <br />x The public sector's actions must be based on a true partnership between <br />and among private sector entities, such as private businesses, financial <br />instihrtions, neighborhood organizations, and community and civic <br />institutions. <br />x The long term success of this flan ~~~ ill rec{uire private sector leadership <br />and the commitment of businesses, neighborhoods, and institutions. <br />Conversely, public sector plans must be guided by a strategy and action <br />plan that supports empowei~tnent of the neighborhood, business, and <br />institutional leadership. <br />x The public sector investment must leverave substantial investment b <br />Y <br />individuals, households, businesses and institutions. <br />The public sector investment plan Hoist include a variety of finding <br />sources dependence or over-dependence on one public finding source will <br />undercut the long term plan. <br />B. PROJECT MISSION/OBJECTIVES <br />The mission is to achieve the economic revitalization and physical redevelopment <br />of the Sample-Ewing Area as an attractive, safe and viable urban area for people, <br />households, businesses and institutions. A comprehensive set of more specific goals <br />related to this mission follow: <br />Increase the tax base. <br />Increase the amount of residential, commercial, and industrial investment. <br />Stabilize and revitalize the residential neighborhoods. <br />• <br />E3~>nBOt a~~~,zza~~a D-12 <br />
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