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7.4. SR 03-17-2014
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7.4. SR 03-17-2014
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3/14/2014 10:18:26 AM
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Elk River Comp ehensive Plan <br /> l ` <br /> j <br /> �►-- �,+„�,� Redevelopment <br /> ' The City should explore more aggressively the <br /> _ practice of redevelopment. Redevelopment does <br /> not need to be the top down practice of relocating <br /> _ neighborhoods and businesses to other areas so <br /> -` - that new development can move in. Redevelopment <br /> should be the stated and practiced posture of the <br /> community to allow for and promote the reuse of <br /> substandard parcels to achieve the vision of the <br /> community. <br /> " Redevelopment has many benefits, including <br /> increased jobs, tax base, and employment options <br /> within existing infrastructure, improving streetscape <br /> and community image blight, and improved pedestrian <br /> and vehicular connections. Even with these benefits, <br /> redevelopment is more costly and time consuming <br /> than greenfield development. The City should seek to <br /> remove obstacles to redevelopment, such that it is as <br /> attractive to new development as greenfield sites in <br /> neighboring communities. <br /> 42 / Chapter 5: Land Use <br />
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