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®CITY OF SOUTH BEND I OFFICE OF THE CLERK <br /> Committeemember Jo M. Broden asked, Looking at page eight (8), how did you determine those <br /> areas? Is it a distance from downtown? <br /> Ms. Volk replied, Basically what I did was look at the next neighborhoods going out from the <br /> downtown. It was also important to note and support the rehab already done in these study areas. <br /> We didn't include the northeast sector because there is already a presence of homebuilding there. <br /> The next step, from this,would be even the next ring of neighborhoods. <br /> Committeemember Broden followed up, These areas are relative to downtown but what is <br /> important, from your work in other areas, aside from housing? What are the other takeaways? <br /> Ms. Volk replied, Well, other cities we work in don't have a University or other industries for <br /> employment. Housing is economic development. Sometimes, it is far more difficult to get <br /> commercial uses into a neighborhood, particularly you don't want them embedded in the <br /> neighborhood. That is harder to achieve than, say, a multi-family building where you may be able <br /> to put retail on the ground floor. <br /> Councilmember Tim Scott stated, This is really interesting and thank you for the data. You and I <br /> had talked one (1) on one (1). You had done work out in Colorado and you had done well with <br /> that covering all different income levels. That was interesting. So you are talking maybe about one <br /> hundred and fifty-three (153) new units per year over the next five (5) years in mixed income and <br /> mixed variety. I'm looking at the potential of new ones and also looking at the ones we have now. <br /> I wonder if you have too much of a housing stock already that is not the right housing stock. <br /> Ms. Volk stated, Yes and unfortunately today's market is totally divergent from the norm. It is <br /> more young people, more old couples and very few families. And we've talked about that and <br /> what to do with the existing housing stock. Well, some of it, if it has any kind of architectural <br /> character at all,if you add in-fill new construction at higher values,all of the sudden those existing <br /> dwelling units accrue higher value as well.It will actually make some of those units more attractive <br /> to buy who would not have considered it before. When Baby Boomers were young, we would go <br /> into a City and buy a cheap house and fix it up. Millenials don't want to do that. They would rather <br /> live in a five hundred(500) square foot cool apartment downtown. Although there is a percentage <br /> of young couples who are just starting out and would like to buy something.If there is good quality <br /> construction and some architectural detail,you don't have to worry because it will be bought. It is <br /> the housing stock that was built as primarily worker housing that is really hard to deal with in the <br /> 21St century. Baltimore and Philadelphia and thousands of row-houses, block after block they are <br /> empty. <br /> Councilmember Scott followed up, I grew up in St. Louis and that is the same there. There is also <br /> the potential of people moving away from existing single detached houses because maybe that is <br /> too large for them. I was talking with DCI and Councilmember White earlier about repair. But <br /> you're saying there could be some of those two (2)-family or four (4)-family flats mixed in with <br /> some of the single-family in the right area, right? <br /> Ms. Volk replied, We would recommend not doing rentals mid-block. There are plenty of streets <br /> that have, at the intersections, vacant corner lots and that is where you could do a rental duplex. <br /> Within the block, we should focus on ownership housing. That means, also, rehabbing all the <br /> EXCELLENCE I ACCOUNTABILITY I INNOVATION I INCLUSION I EMPOWERMENT <br /> 455 County-City Building 1 227 W.Jefferson Bvld I South Bend,Indiana 466011 p 574.235.9221 If 574.235.9173 1 TTD574.235.5567 I www.southbendin.gov <br /> 6 <br />