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Develop "Third Places" <br />Future development should provide opportunities for <br />enhanced placemaking, public art, community iden- <br />tity, and development of "third places" Third places are <br />informal areas where residents and visitors can meet and <br />gather outside of home (first place) or work (second place). <br />These amenities offer an opportunity for social interaction <br />and can anchor civic life in Elk River. Third places, such <br />as small plazas and parklets can serve as focal points for <br />future pedestrian activity, functioning as an amenity to <br />business patrons as well as residents and visitors. Third <br />places should be integrated into all new commercial devel- <br />opment whether it be downtown or along Highways 169 or <br />10. <br />The city should consider establishing either incentives or <br />requirements, or a mix of the two, to promote the develop- <br />ment of third places within new and existing commercial <br />areas. Some regulations the city should consider include <br />requiring new commercial development of a certain size <br />to provide a minimum square footage of public gathering <br />space as well as standards for how the space should be <br />activated. For example, the city could require develop- <br />ments with multiple commercial buildings or buildings <br />with more than 100,000 square feet include an outdoor <br />gathering space equal to 5% of the building area. <br />Developers could also be required to choose a minimum <br />number of amenities from a list including features such <br />as lighted bollards, movable tables and chairs, fountains or <br />other water features, benches, seat walls or raised land- <br />scape planters, or public art. <br />Alternatively, or in addition to requirements, the city <br />could identify potential incentives to encourage third <br />place improvements. For example, the city could consider <br />reducing the number of required parking spaces for <br />commercial developments by increasing the requirement <br />for floor area ratio (FAR) per parking space. This would help <br />to incentivize the development of third spaces on site and <br />reduce excessive parking lots in the development. <br />Another potential incentive for third place development <br />could be waiving or reducing parkland dedication require- <br />ments in exchange for third place improvements. In the <br />downtown, the city could offer a fee -in -lieu of providing <br />the outdoor gathering space on site to go towards the <br />expansion and enhancement of Rivers Edge Commons <br />Park and improvements to the public realm. <br />54 <br />Economic Development Plan • Elk River Comprehensive Plan <br />I07CL\arri76*1SMA1�VWVKO101WO <br />