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HomeMy WebLinkAbout6B (3)& 6 (3) • r a n d U rn n�;n Community & Economic Development 227 West Jefferson, Suite 1200, South Bend, Indiana 46601 -1830 C Phone 574/235 -9371 Lj Fax 574/235 -9021 To: South Bend Redevelopment Commission From: Jitin Kain, Senior CED Specialist Subject: Expansion of South Bend Central Development Area (SBCDA) Date: September 22, 2011 As Commission members are aware, Transpo recently vacated its old facility on Northside Blvd. and moved into their new LEED Platinum building just to the West of downtown. The former Transpo site is roughly 10 acres in size and offers a unique opportunity for redevelopment in such close proximity to downtown. The Howard Park Neighborhood Master Plan (or East Bank Village — Phase I1) that was created with feedback from community stakeholders, including East Bank Village businesses and residents, proposes new single and multi - family development on the Transpo site. Of the 10 acre Transpo site, 5.5 acres lie within the SBCDA while 4.33 acres lie outside of the SBCDA. Additionally, there are a few industrial uses adjacent to the Transpo site that are not compatible with the residential development planned for the site. Addition of the 4.33 acre Transpo site as well as a few adjacent parcels to the SBCDA will facilitate infrastructure improvements and pave way for new residential development which will have a positive impact on the entire city. The proposed residential development in the area will help create additional construction jobs in the community which will support the city's economic development efforts. Staff would like Commission approval to proceed with the expansion of the area as outlined in the attachment. A declaratory resolution to formally begin the expansion process as well as to add the Transpo site to the acquisition list will be presented to the Commissioners at an upcoming meeting. Memo to Commission 9 -22 -1 Ldoc What We Do Today Makes A Difference 1 i