Laserfiche WebLink
s _ <br /> r ,_1 7 <br /> - .CC <br /> Downtown Mixed Use <br /> The Downtown should be enhanced with a compact mix of <br /> uses that create an active and vibrant district.Redevelop- <br /> ment and infill development of parking lots and undevel- <br /> oped sites should be a priority on Main Street in the Down- slue Egg sakery <br /> town followed by strategic expansion of the district.The <br /> City should encourage higher density uses with a primary A o r•o s CAF E <br /> focus on mixed use which includes buildings that provide <br /> ground level/first floor commercial uses and residential or <br /> office uses above.Mixed use creates opportunities for both <br /> new housing and businesses and can be scaled to transi- <br /> tion between the intense commercial uses in the core to <br /> the mixed residential uses at the periphery of Downtown. <br /> Mixed use should be applied in the Downtown core where <br /> appropriate. \ <br /> Promote Reinvestment -- - <br /> Today the Downtown primarily consists of a mix of older, <br /> one-to two-story commercial structures some of which <br /> were constructed as far back as the 1900s.To help estab- <br /> lished businesses and property owners in the Downtown <br /> maintain and improve their properties,the City should <br /> work with the Economic Development Authority(EDA) <br /> to expand the Downtown Revitalization Financing Loan <br /> program.Currently,the program offers Downtown busi- <br /> nesses and property owners loans of up to$74,999 for <br /> secondary financing.The City and EDA should consider Example:Olderbuildings in the Downtown that maybenefit from <br /> reinvestment <br /> expanding this loan program to provide primary financing <br /> of smaller scale facade improvement projects. <br /> 64 Economic Development Plan•Elk River Comprehensive Plan <br /> DRAFT FOR REVIEW ONLY <br />