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• <br /> City f I PvaR'(7frili-OJa'(/'-fr'/E Cz<-T withErC Rii T I 0 N <br /> k ......,........, <br /> • r.►" JULY 2003 <br /> � e '%� Enhancing Dumntcrcm Elkk River's Role <br /> ; � As a Vital Retail,Corrrrnercial 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 <br /> utilizing the riverfront location. Redevelopment will <br /> enhance downtown Elk River's role as a residential, <br /> retail and commercial area and also revitalize invest E <br /> ment in the downtown business district. 3 <br /> Development Objectives: <br /> • Mixed use(residential/retail/service) <br /> � � <br /> • Consideration of the historic context study results , „ t , g : r <br /> • Strengthen connection to the community " � <br /> • Traditional downtown design elements r ` <br /> • Brick, stucco,stone materials with visual breaks in 1`5);;4'�� <br /> the building design ��` �� ��� • �• ,� � " � � 1 ��� ` �� -� <br /> Ilo • Increased residential density, ` ` �' ` <br /> • Pedestrian orientation `q � '. --,� a'` <br /> • Increase exposure to the riverfront �� <br /> • Recognize those buildings that have potential ;° t <br /> for rehabilitation _ <br /> •BLUFF BLOCK DEVELOPMENT <br /> • Replace market/economic obsolete buildings <br /> • Multiple types of housing products <br /> (i.e.townhomes, senior rental coops, <br /> market rate apartments) <br /> ♦ BLUFF BLOCK DEVELOPMENT ' <br /> — 10,000 s.f. commercial on first floor along ap � , <br /> Main Street($13/s.f. avg. rent) ,- <br /> — 52 units of for sale housing �� p T , „ <br /> — 3 and 4 stories �-� <br /> — 70-80 below grading parking stalls for housing <br /> &commercial residents ` l ° <br /> — Connection to City's Riverwalk development : f p kt tt � 1..�� -� <br /> • JACKSON BLOCK DEVELOPMENT q) g i , . ��� <br /> — 10,000 s.f. commercial on first floor along <br /> +• ��, �, , ,=�airi.14"I'' 1 f* ' <br /> Jackson Street and at the corner of Jackson • " °" � <br /> and Main <br /> — 32 units rental housing (16 1-bedroom units at v�:. <br /> $600 per month &16 2-bedroom units <br /> at$700 per month) <br /> ill — 3 stories " <br /> — Up to 52 below grade parking units for housing <br /> residents and commercial and 18 surface units •JACKSON BLOCK DEVELOPMENT <br />