Steering Committee Meeting

Transcription

1 Steering Committee Meeting April 24 th, 2013

2 Agenda 1. New Consulting Team 2. Project Web Site/Community Input 3. Interview Summary 4. Existing Land Use 5. Transportation Issues 6. Market Issues/Opportunity Sites 7. Next Steps

3 PROJECT MANAGER/PLANNER/ COMMUNITY FACILITATOR COMMUNITY ENGAGEMENT ECONOMIC/ MARKET ANALYST TRANSPORTATION/ TRANSIT

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7 Interview Summary Opportunities Industrial Potential Several TIF s in Place Prairie a Hidden Gem Green Energy Potential for Kedzie/I-57 Interchange? Unique TOD Opportunities in Midlothian Challenges High Cook County Property Taxes Competition with Indiana Double Toll at I- 294/159 th Lack of Roadside Service Signs on I-294 Need to Assemble Some Key Development Sites

8 REGIONAL ASSETS

9 Existing Land Use

10 TIF Districts

11 Jurisdiction and Traffic Counts

12 Existing Conditions

13 Existing Roadway Classifications

14 Existing Lane Configurations

15 Existing Public Transportation

16 Existing Truck Routes and Counts

17 Planned Improvements

18 Pedestrian Access

19 Land Use and Economic Development Review Overall market characteristics What can work Retailer example Available sites Confirm sites Identify available incentives, including existing TIFs Assess potential uses Categories of potential uses Employment growth Fit with current regional plans and opportunities Recreational Strategies, such a land banking? Future use possibilities, such as hospitality?

20 Market Characteristics 159th Street and 147th Street Preliminary Demographics.5 Miles: 3 Miles: 159th 159th Street Street 5 Minutes: 159th Street 15 Minutes: 159th Street.5 Miles: 147th Street 3 Miles: 147the Street 5 Minutes: 147th Street 15 Minutes: 147th Street Total Population 1,905 87,305 25, ,417 2, ,032 32, ,437 Total Households ,732 8, , ,691 10, ,849 Employees 1,158 37,979 12, , ,492 14, ,548 Population Density (per Sq. Mi.) 3, , , , , , , , Median Age Occupied Housing Units 85.40% 89.30% 85.60% 92.80% 81.60% 88.20% 85.90% 91.90% Average Household Income $46,251 $60,086 $51,821 $70,494 $45,687 $55,165 $50,614 $67,371 Median Household Income $34,102 $47,943 $39,603 $56,972 $39,877 $43,756 $40,184 $54,489 Consumer Expenditures Apparel $871,105 $47,875,557 $13,133,024 $235,778,641 $1,650,170 $58,003,005 $17,219,898 $262,714,659 Groceries $1,953,585 $114,081,143 $29,457,945 $593,094,339 $3,494,571 $135,410,092 $40,086,167 $643,802,229 Food Away from Home $756,232 $55,089,243 $12,920,628 $311,206,664 $1,493,595 $64,576,325 $18,387,410 $325,310,475 Sources: 2013, by Experian 2013 Alteryx, Inc., BDI

21 Retailer Example: Drive Time Key Demographics 7 Minute Drive Time Comparison Site Existing Store Locations DIXIE, HARVEY TORRENCE, LANSING S. HALSTED, GLENWOOD S. CICERO, MATTESON 2500 W. 95TH, EVERGREEN PARK TH, COUNTRY CLUB HILLS TH, CRESTWOOD 8331 S. STEWART, CHICAGO Total Population 54,678 49,907 41,384 42,126 58,335 34,438 52,795 85,791 Employees 22,181 20,016 20,419 18,774 17,076 10,127 25,977 23,769 Population Density (per Sq. Mi.) 3, , , , , , , , Average Household Income $52,613 $63,914 $77,527 $83,204 $86,404 $70,996 $67,694 $58,049 Median Household Income $41,379 $53,124 $60,995 $68,456 $65,287 $59,152 $56,815 $41,542 Traffic Counts (ADTs) 16,000 25,900 23,700 17,900 25,800 (95th) 17,200 (167th) 17,600 (135th) 15,800 27,900 (Western) 22,400 (Pulaski) 39,800 (Cicero) Sources: 2013, by Experian 2013 Alteryx, Inc., IDOT, BDI

22 Retailer Example: Drive Time Map

23 Redevelopment Sites: List to Confirm 1. Former Dixie Square Mall 2. Dixie Highway: South of McDonalds near 147 th Street 3. Dixie Highway: 4 sites on west side of Dixie between 150 th Street and 155 th Street th Street: 2 sites on north side of 159 th between Dixie and Western th Street and I-294: Quadrant on southeast corner of interchange 6. Triangular Site bounded by Dixie Highway, I-57, and 147 th Street 7. Kedzie Avenue: 2 sites on west side between 148 th and 149 th th Street and I-57 to south/east of Walter Zimny Drive

24 Opportunity Sites

25 Preliminary Uses Under Consideration Grow available markets and amenities Short to medium term uses Distribution and/or inter-model, given regional work Auto-oriented retail and restaurant Recreational at unbuildable locations Local business or office sector growth Long-term uses Employment growth Hospitality

26 Market Next Steps Identify potential uses for confirmed sites Match to markets Integrate opportunities for key uses into regional growth Develop strategies to expand markets

27 Project Next Steps 1. Connect with Newly Elected Officials 2. Draft Existing Conditions Report May 15 th 3. Public Workshop SWOT Identification/Vision Exercise -Early June? 4. Steering Committee Vision/Key Recommendations Late June/Early July