2023-05-10 CC Packet - Laserfiche WebLink

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Development Potential & Importance to the Community Guys and Dolls The Guys and Dolls Salon will be great for Centerville. Currently, we have limited salon options, and our residents typically travel elsewhere to receive these services. Guys and Dolls has excellent name recognition, and they have an abundant following, which we think they can further expand in Centerville. An added value of the Guys and Dolls Salon is that this business is at the edge of our downtown —the city just completed a downtown redevelopment study and during the public engagement process, residents overwhelmingly expressed interest in more retail in and around downtown. Block 7 Development of Block 7 has an enormous impact in the community. The recently completed downtown redevelopment market study concludes that all housing types are needed in Centerville. The demand for rental housing continues to rise and with this development, we will have available units for the 600 new jobs being created by the Amazon Fulfillment Centerville that is coming online later this year. A medium density development on Block 7 also adds value by shaping the look and feel of our downtown. Timing of Development 1737 Main Street Infrastructure is readily available on this site, and it meets our building standards. The developer's concept plan was recently reviewed and approved by our Planning and Zoning Commission. A preliminary plat and formal site plan review submittal will be coming in the next month or two with the goal of a fall of 2023 groundbreaking. Block 7 Infrastructure is readily available on this site and meets our building standards. The developer recently submitted concept plans for review by our Planning and Zoning Commission. If one of the concepts is acceptable to the commission, it would move towards a public hearing and City Council approval for potential fall of 2023 construction. Financial Contribution 1737 Main Street and Block 7 Both sites have been vacant for at least a decade as several developers have come and gone, each noting that the sites did not work financially for them. The city is hoping to receive a pre -development grant to help ease the financial burden of due diligence work, making them viable sites for redevelopment. Getting our downtown parcels back on the tax roll would be a win -win for everyone and should result in a substantial return on investment for the county.