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Transit Orientated Development HENNEPIN COUNTY hennepin Housing, Community Works & Transit

Transit Orientated Development HENNEPIN COUNTY www.hennepin.us Housing, Community Works & Transit NACCED September 20, 2011. HENNEPIN COUNTY. Largest in population (1.2 million) residents, budget and property value. Diverse – topography and people

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Transit Orientated Development HENNEPIN COUNTY hennepin Housing, Community Works & Transit

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  1. Transit Orientated Development HENNEPIN COUNTY www.hennepin.us Housing, Community Works & Transit NACCED September 20, 2011

  2. HENNEPIN COUNTY • Largest in population (1.2 million) residents, budget and property value. • Diverse – topography and people • Median family income: $61,387 Median age: 38 Median home value: $215,000 • Home to 1/3 of the state’s jobs

  3. Hennepin Community Works was created in the mid 1990s Mission To enhance how the communities of Hennepin County work together to create good jobs, provide access to employment, and build the long term value of communities by investing in infrastructure, public works, parks, and the natural environment and by improving the existing implementation systems. Principles • Stimulate employment development • Build bridges for effective planning and implementation • Maintain and improve natural systems • Strengthen communities through connections • Enhance the tax base

  4. Hiawatha LRT

  5. Minnehaha-Hiawatha Community Works The planning project approaches the corridor’s future potential and reinvestment needs based on maintaining and improving neighborhood livability. Five (5) neighborhood livability elements have been identified, which consist of the following: • Mobility • land use and physical resources • environment and natural resources • economic development • and social/cultural/heritage

  6. Transit-Oriented Development (TOD) Program • To support multi-jurisdictional TOD in housing and economic development projects in designated redevelopment areas located at or near transit corridors in Hennepin County. • Projects that demonstrate the objectives of TOD: density, compact and efficient design, transit connections, biking, walking • Since, 1993 has provided $19.6 in CAPITAL funding in the form of grants or loans to 79 projects.

  7. TOD Project Awards Total of $19.6M awarded 2003 – 7 projects 2004 – 11 projects 2005 – 10 projects 2006 – 6 projects 2007 – 13 projects 2008 – 11 projects 2009 – 6 projects 2010 – 6 projects 2011 – 9 projects

  8. Longfellow Station Longfellow Station SA, LLC $300,000 grant • 180 mixed income housing units • 10,000 sf commercial space; anticipates 40 jobs • Large-scale TOD at key redevelopment site Hiawatha LRT – 38th Street Station, Minneapolis

  9. Hi-Lake Triangle Wellington Management, Inc. $450,000 grant/loan • 54 units mixed-income housing units • 8,000 sf commercial space • Anticipates 15 jobs • Physical connection to transit station Hiawatha LRT – Lake Street Station, Minneapolis

  10. Adele’s employment map

  11. Southwest LRT Community Works

  12. Bottineau TransitwayPlanning • Existing conditions • Best management practices • Areas of change and stability • Corridor vision/plans • Station typologies

  13. WHERE TO FIND MORE INFO • www.hennepin.us • www.metrocouncil.org/transportation/lrt • www.bottransit.org • www.southwesttransitway.org

  14. QUESTIONS??

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