6. HRSR 11-06-2006 - Laserfiche WebLink

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establish a project consistent with the municipality's public purpose. The project as contemplated by this plan consists of a redevelopment project as defined in Section 469.002, Subdivision 14. E. Findings and Declaration The City and the HRA make the following findings: 1. The land in the Redevelopment Area would not be made available for redevelopment without the financial aid sought. 2. The Redevelopment Plan for the Redevelopment Area in the City will afford maximum opportunity consistent with the needs of the locality as a whole, for the redevelopment of the area by private enterprise. The Redevelopment Plan conforms to the general plan for the development of the City as a whole. II. REDEVELOPMENT PLAN A. Redevelopment Plan Goals and Objectives The HRA through implementation of this plan, seeks to achieve the following goals and objectives: 1. Primary Goal: To ensure the long-term viability of downtown by making a connection to the rest of the community and by utilizing the riverfront location. Redevelopment will enhance downtown Elk River's role as a residential, retail and commercial area and also revitalize investment in the downtown business district. 2. Development Objectives: • Mixed use (residential/retail/service) • Consideration of the historic context study results • Strengthen connection to the community • Traditional downtown design elements • Brick, stucco, stone materials with visual breaks in the building design • Increased residential density • Pedestrian orientation • Increase exposure to the riverfront • Recognize those buildings that have potential for rehabilitation • Replace market/economic obsolete buildings • Multiple types of housing products (i.e. townhomes, senior rental coops, market rate apartments) 2