CCP 02-17-1994 - Laserfiche WebLink

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LAND USE PLAN - The Inventory and Analysis sections of this report indicate that many of the properties in the primary study area are subject to change via reuse or redevelopment. l. Reuse wi 11 continue to occur as occupants' needs change and as , relative property val u es change. Under the current zoning, any permitted use can occupy any of the existing buildings and, except for satisfying the parking and sign requirements, the uses can change without action by the City. If new buildings are proposed, permitted uses need site plan approval but the uses are "pre-approved." 2. Redevelopment of presently developed parcels can occur in two ways: on a parcel-by-parcel basis, responding to immediate market conditions; or on a larger multi-parcel basis that considers the longer-term benefi ts rather than the short-term return. If the demand for sites becomes intense (e,g., in response to the Target development), property values (and rent or lease prices) may cause some current occupants to. relocate. At the same time, this increased value could encourage razing of some existing buildings to allow new buildings to be developed that would yield a greater return to the owner. . The Land Use Plan shows expansion and preservation of the pattern that has been emerging over the past several years. l. Recent development of the north and west central areas has established the pattern shown. With only two or three parcels remaining to be developed in these areas, a drastic change is not expected. 2. Development along County Road E has been filling in over the last couple decades and has established an expanding retail/service area that is likely to remain for decades to come. Regardless of demand, property values, and action by the City, the above areas are not likely to change in their established primary uses. The Land Use Plan shows the central areas redeveloped as a significant retai 1 center. containing over 20 acres (with Dunlap Street vacated). Multi ple ownership, recent construction and some viable businesses in the area fronting on Lexington between Grey Fox and Red Fox will make it difficult to incorporate that strip in the 1 a rger retail center development. Red Fox and Grey Fox, with their signalized intersections at Lexington, will provide good access to the site. However, a direct, central access to Lexington may also be desirable. It would be aligned with the south access to Target. Coordination with the proposed Roberts Shopping Center would be necessary, but the access could be a valuable . asset for both the larger and smaller centers. I -32- , i ;