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Lombard Downtown Revitalization

Lombard Downtown Revitalization. Project Guidebook. VILLAGE BOARD MEETING. Thursday, November 18, 2010. PRESENTATION OVERVIEW. 1). Public Involvement Process. 2). Overall Development Strategy. 3). Site Concepts and Economics. 4). Transportation & Parking Strategies. 5).

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Lombard Downtown Revitalization

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  1. Lombard Downtown Revitalization Project Guidebook VILLAGE BOARD MEETING Thursday, November 18, 2010

  2. PRESENTATION OVERVIEW 1) Public Involvement Process 2) Overall Development Strategy 3) Site Concepts and Economics 4) Transportation & Parking Strategies 5) Streetscape Strategies 6) Façade Enhancement Strategies 7) Branding & Visual Identity Strategy 8) Implementation

  3. STUDY AREA East St. Charles Road TIF 1 West Downtown TIF

  4. COMMUNITY OUTREACH • Stakeholder Focus Groups • Working Group Meetings • Public Open Houses (2) • Project Website Website >>> www.TeskaAssociates.com/lombard

  5. DEVELOPMENT STRATEGY – Auto vs. Pedestrian Vs.

  6. CONCEPT SITES: Core Downtown Area

  7. SITE 1: Theater Site CORE DOWNTOWN AREA 1A 1B

  8. SITE 2: Hammerschmidt Site CORE DOWNTOWN AREA

  9. SITE 3: 7-Eleven Site CORE DOWNTOWN AREA

  10. SITE 4:10-14 W. St. Charles Rd Site CORE DOWNTOWN AREA

  11. SITE 5: 134-118 W. St. Charles Rd Site CORE DOWNTOWN AREA

  12. SITE 6: Fifth Third Bank/Praga Site CORE DOWNTOWN AREA

  13. SITE 7: 100-108 N. Main St Site CORE DOWNTOWN AREA

  14. CONCEPT SITES: East St. Charles Road Area

  15. SITE E1: Garfield/Martha Site EAST ST. CHARLES ROAD AREA

  16. SITE E2: Martha/Craig Site EAST ST. CHARLES ROAD AREA E2-A E2-B

  17. SITE E3: Grace Site EAST ST. CHARLES ROAD AREA

  18. SITE E3: Grace Site EAST ST. CHARLES ROAD AREA

  19. SITE E4: North Vet Site EAST ST. CHARLES ROAD AREA

  20. SITE E5: Allied Drywall Site EAST ST. CHARLES ROAD AREA

  21. SITE E6: Windsor/Martha Site EAST ST. CHARLES ROAD AREA

  22. DEVELOPMENT FINANCIAL ANALYSIS • Goal • Identify projects that will appeal to the market and provide TIF increment • Methodology • Look at the most optimistic possibility and alter design back until concept is least “breakeven” • Immediate implementation • Market Rents • Comment on market concerns • Project realistic Increment

  23. Willing Seller Meets Willing Buyer DEVELOPMENT FINANCIAL ANALYSIS

  24. DEVELOPMENT FINANCIAL ANALYSIS • Downtown • Pay-as-you-go estimate: $3.4 million • Years 1 to 5: $180,000 per year • Years 6 to 12: $350,000 per year • Want to Bond? NPV estimate: $2.8 million/2=$1.4 million • East • Pay-as-you-go estimate: $2.4 million • Years 1 to 3: $36,400 per year • Years 4 to 15: $203,000 per year • Want to Bond? NPV estimate: $1.6 million/2=$800,000

  25. Guiding Principles TRANSPORTATION STRATEGIES Build upon existing assets Improve connectivity between travel modes Improve walkability and pedestrian safety Improve bicycle network to downtown area

  26. Pedestrians/Bicycles/Transit TRANSPORTATION STRATEGIES Lincoln Ave crosswalk Park Ave pedestrian tunnel Martha St crosswalk Marked bicycle routes along Park Ave, St. Charles Rd & Main St New bus layover at Main St and Parkside Ave

  27. Parking Improvements PARKING STRATEGIES

  28. Parking Improvements PARKING STRATEGIES Parking Management Lease arrangement with AT&T Shared parking Varied time limits Consolidation/Reconfiguration Existing surface lots north of W. St. Charles Rd/west of Park Ave New Resources New surface lot at vacant TCF parcel New parking structure north of W. St. Charles/east of Park Ave New on-street spaces on E. St. Charles as part of road diet

  29. STREETSCAPE ENHANCEMENT STRATEGIES Builds on the 2009 Landscape Enhancements Plan

  30. General Recommendations STREETSCAPE ENHANCEMENT STRATEGIES Expand pedestrian areas Reduce cross lengths Make connections to destinations Improve materials Centralize destinations Identify downtown as a special place Improve the comfort of the pedestrian experience

  31. Primary Improvement Zone STREETSCAPE ENHANCEMENT STRATEGIES Park Ave/St. Charles Rd Intersection Train Station Main St

  32. Secondary Improvement Zone STREETSCAPE ENHANCEMENT STRATEGIES St. Charles Rd Mid block crossings Public open space

  33. Tertiary Improvement Zone STREETSCAPE ENHANCEMENT STRATEGIES Sculpture Park Gateway at Grace St/St. Charles Rd Streetscape

  34. Short Term Recommendations STREETSCAPE ENHANCEMENT STRATEGIES Park Ave/St. Charles Rd St. Charles Rd pedestrian crossing Design/permit Main St bridge improvements Restore pedestrian striping Sidewalk to Train Station

  35. Facade Enhancements EAST SIDE OF PARK AVE (BETWEEN ST. CHARLES RD & THE RAILROAD

  36. Pursue development of Hammerschmidt Site Pursue improvements to 10-14 W. St. Charles Sites Pursue consolidation of 104-106 St. Charles Sites Pursue development options for Fifth Third/Praga, N. Main, and W. Charles sites Pursue façade enhancements Pursue economic development and parking strategies Design and installation of priority signage system Implementation Early Action Projects Design and installation of priority streetscape elements

  37. Questions/Comments? Prepared by the Consultant Team of: • Teska Associates, Inc. • Fish Transportation Group • Gewalt Hamilton • wohltgroup • Hitchcock Design Group • Business Districts, Inc. • Richard Hunt

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