HomeMy WebLinkAbout2006 10 19 Other 17-92 CRA 2006 Corridor StrategyUS 17-92 CRA 2006 Corridor Strategy
Corridor Plans
Organization of Corridor Plans
1.0 Introduction
2.0 Regional Context
3.0 Tour the Corridor
4.0 Market Overview
5.0 Physical Context
6.0 Framework Principles
7.0 Corridor Strategy
8.0 Implementation & Action Plan
1.0 Introduction
Project Kickoff
(September)
-Technical Team
-Stakeholder Interviews
Design Workshop
(October-November)
-Steering Commitee
-Open House Workshop
Final Presentation
-Technical Team
-RPA Meeting- Aug 2006
-CRA Meeting- Sep 2006
Consultant Team Tasks:
Urban Desgin/Land Use Analysis
Transportation Review
Market Analysis
Workshop Preparation
Development of Issues and Opprtunities
Consultant Team Tasks:
Development of alternatives from Charrette
Draft market Analysis
Consultant Team Tasks:
Development of Draft and Final Reports with Staff Review
2.0 Regional Conditions
Before 1940
Before 1940
Sanford
US 17-92
Orlando
1940s
1950s
1960s
1970s
1970s
1980s
1990s
Since 2000
3.0 Tour the Corridor
4.0 Physical Context
Legend
Commercial
Industrial
Single-Family Residential
Multi-Family Residential
Parks/Conservation/Public
5.0 Market Conditions
Stakeholder interviews with commerical real estate and leading
professionals.
NAI Realvest (*)
1st National bank of Central Florida
SUNCOR Properties (*)
Colliers Arnold Realty
Results Real Estate
Paradise Development Group
Construct Two Group
K B Homes
Brasfield & Gorrie
CNL Realty
SunTrust
Florida First Capital Finance
Bank of America
Colonial Properties
Duke Realty
McKee Construction Co.
Re/Max Central Realty
Coldwell Banker Commercial (*)
WELBRO Building Corporation
Watson Realty
Wharton Smith Construction
EPCON/Realvest, LLC
Keller Williams Realty (*)
Jordan & Howard Tech
Williams Company
ZOM Development
Banco Popular
Wachovia Bank
Am South Bank
Charles Wayne Properties
Commerical Net Lease
The Pizzuti Companies
Metro Orlando EDC (*)
Richburg Realty
5.0 market Conditions
Analysis of:
-statistical demographic data and projections
-private investment within the CRA since 2000
-real estate transactions within the CRA since 2000
-public investment within the CRA since 2000
6.0 Framework Principles
-Define and Defend Residental Neighborhoods
-Celebrate Lakes and Viewsheds
-Enhance and Create Public Spaces
-Add Residential in Strategic Locations
-Create Alternative Routes to US 17-92
Make US 17-92 an Amenity
7.0 Corridor Strategy
Three Lens Strategy
-Retain
-Reorganize
-Redevelop
Protect Neighborhoods
Selection of "Catalyst" Sites
Entire Study Area
Selection of "Catalyst" Sites
Remove wetland portions of sites to determine a developable site
assessment estimate
Selection of "Catalyst" Sites
Eliminate parcels under 5 acres
Selection of "Catalyst" Sites
Parcel's that yield a strong economic building value are removed thereby
identifying underutilized parcels
Underutilized=building value 40% or less of total assessed value
Selection of "Catalyst" Sites
Function as catalysts for incremental redevelopment
Public Investment
Public Investment
Public Investment
Private Investment
Private Investment
Private Investment
8.0 Implementation & Action Plan
Potential Projects
Project Probable Cost
Streetscape (C/WS) 13,184,000
Wedge Park (C/WS) 1,032,046
Spring Hammock Median (C/WS) 231,000
Five Points Streets (LK/S) 9,600,000
Streetscape (LK/S) 8,381,000
Sunland Park (LM/S) 7,015,924
Lighting Historic Sanford (HS) 2,120,000
Alley restoration (HS) 782,000
Total $42,346,380
Action Plan Strategies
Categories
Marketing
Financial Incentives
Investment
Urban Design
Zoning
Comprehensive Planning
Time Frames
O-Ongoing
ST- Short Term (immediately or within 1 yr)
MT- Mid Term (1-3 yrs)
LT - Long Term (3-5 yrs)
Reduce the number of used car lots in favor of interium uses that
support retail by implementing regulations of motor vehicle sales and
rental lots that specify distance requirements for these uses
ST
Curren Planning
C/WS, LM/S, HS
Create a streamlined process for applicants adhering to the framework
principles of the corridor strategy
ST
CRA, Lake Mary, Winter Springs, Casselberry, Sanford & Seminole
County
C/WS, LM/S, HS
Allow for shared parking facilities and a reduction in parking
requirements for properties redeveloping or reorganizing their
configuration using alleys as the basis for parking entry.
ST
Current Planning
C/WS, LM/S, HS
Require cross-access easements for new development applications
ST
Curreny Planning
C/WS, LM/S, HS
US 17-92 CRA 2006 Corridor Strategy