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. o <br /> • City of PROJECT DESCRIPTION EikkJ....„ <br /> �1 JULY 2003 <br /> �T Enhancing Downtown Elk River's Role <br /> �/ As a Vital Retail,Commercial and Residential Area. <br /> Primary Goal of Downtown <br /> Revitalization Project: <br /> To assure the long-term viability of downtown by mak- <br /> ing a connection to the rest of the community and by i <br /> utilizing the riverfront location. Redevelopment will '1t � !#V .i° <br /> enhance downtown Elk River's role as a residential, ,: <br /> retail and commercial area and also revitalize invest- t'• 4' ., ,c• <br /> ment in the downtown business district. j: 1 <br /> Development Objectives: •�`'°"' ... <br /> • Mixed use(residential/retail/service) � �*a{ I t• .l1-. y .• <br /> • Consideration of the historic context study results N ' : i r 1 !i R t , °, 4 .0 `i� . <br /> • Strengthen connection to the community j ` } -_-„,:-•*4G .:...4-,,,t-.:-_, ;ul,-,' _ f" "�r =,, ,-,, <br /> • Traditional downtown design elements `• �t ,: ��-" <br /> • Brick, stucco, stone materials with visual breaks in t . ,' ,i. x IF f <br /> the building design t it 4' ' ; � ,�i,'...,,k i ti_! -- <br /> g g tk <br /> • Increased redenal density ,• Pedestrian orientation & p 4 4 •` <br /> • Increase exposure to the riverfront ," <br /> • Recognize those buildings that have potential . -.. <br /> for rehabilitation �.., • BLUFF BLOCK DEVELOPMENT <br /> • Replace market/economic obsolete buildings <br /> • Multiple types of housing products <br /> (i.e. townhomes, senior rental coops, . r, <br /> market rate apartments) ti` <br /> Y' f , <br /> • BLUFF BLOCK DEVELOPMENT K4,..' \�� <br /> b 3 L, <br /> — 10,000 s.f. commercial on first floor along <br /> Main Street($13/s.f. avg. rent) <br /> — 52 units of for-sale housing - „ µ + <br /> — 3 and 4 stories �' �. ' ° y, <br /> — 70-80 below grading parking stalls for housing ! ' _ _ <br /> & commercial residents , "•t '� � •� t- <br /> — Connection to City's Riverwalk development „ .+! '4 , ,Y ' __.- :t <br /> • JACKSON BLOCK DEVELOPMENT - �''' " ,;(� ,� ,:, • r -` � - ',4,;'•4 ti -, <br /> — 10,000 s.f. commercial on first floor along <br /> ` %+ ►.� : r_ _ <br /> Jackson Street and at the corner of Jackson -.l� ti, '"'�` `''b 4 *`ii, <br /> and Main "�>_` �' . , _.:,,,,,.t.,4; <br /> — 32 units rental housing (161-bedroom units at 44 ._ _ - _-_ = ` , <br /> $600 per month & 16 2-bedroom units - .= ��" - � <br /> at$700 per month) -. . „ - <br /> • — 3 stories <br /> — Up to 52 below grade parking units for housing <br /> residents and commercial and 18 surface units • JACKSON BLOCK DEVELOPMENT <br />