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• ,/r Vtaeliàtth,et'Dlln24°1/1/ <br /> ■Ci ty of PROJECT <br /> Elk - .-, <br /> "� JULY 2003 <br /> Rvet* Enhancing Downtown Elk River's Role,. `" 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 , _' , <br /> enhance downtown.Elk River's role as a residential, <br /> retail and commercal area and also revitalize invest � � <br /> invest- <br /> ment in the downtown business district. t <br /> Development Objectives: r "" <br /> • Mixed use(residential/retail/service) � f � ' �4114 _ <br /> • Consideration of the historic context study results 4 ' <br /> • Strengthen connection to the community °� ° ' d 4. « > � aft <br /> • '� '4 t Wi: <br /> Traditional downtown design elements -t° �. � �°- 71i• Brick, stucco,stone materials with visual breaks in _(f ) "'� <br /> the building design iN ,' ` `__?, <br /> • Increased residential density �3. 4 � <br /> • Pedestrian orientation <br /> . , 4,. <br /> • Increase exposure to the riverfront . , <br /> • Recognize those buildings that have potential ` <br /> for rehabilitation ' ` " <br /> • Replace market/economic obsolete buildings ♦BLUFF BLOCK DEVELOPMENT <br /> • Multiple types of housing products <br /> (i.e.townhomes, senior rental coops, :' <br /> market rate apartments) <br /> • BLUFF BLOCK DEVELOPMENT �� <br /> — 10,000 sr e. commercial on first floor along � � <br /> Main Street($13/s.f. avg. rent) <br /> — 52 units of for-sale housing t °'' v, � <br /> — 3 and 4 stories 7 f t ; ■' -.',<1>, ., <br /> , <br /> — 70-80 below grading parking stalls for housing 1 -� n - <br /> & commercial residents i ��. <br /> — Connection to City's Riverwalk development ' s <br /> • JACKSON BLOCK DEVELOPMENTIS ,= ° •I <br /> — 10,000 s.f. commercial on first floor along f r _ � a <br /> Jackson Street and at the corner of Jackson ,r `S i 10,11'€ �t )11411131,4• <br /> and Main � <br /> . _ <br /> — 32 units rental housing(16 1-bedroom units at _ - <br /> $600 per month &16 2-bedroom units .- , <br /> at$700 per month) - <br /> - 3 stories <br /> lb - Up to 52 below grade parking units for housing <br /> residents and commercial and 18 surface units •JACKSON BLOCK DEVELOPMENT <br />