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Proposed Development Schedule: <br />The following proposed development schedule was presented by developer and owner of 185 N. <br />McCarrons, Mr. Dennis Guptil. <br />� Durafion Start Finish <br />MasterPlannin Process 365da s 1/22/03 6/15/04 <br />Analyze various risks associated with proposed 30 days 4/21/04 6/1/04 <br />de��lo n[ <br />�'umRle�� � prelimiruu� rn:irk�.� ���s�biLi�}r slu�ly �� d��� ��� � dl�iil�}d .- <br />Fi�,wr. �1 <br />drawn <br />Prelimin Develo ment A eement PUD 60 da s 5/25/04 8/ 16/04 <br />Complete the engineering find plans and 60 days 5/25/04 8/ 16/04 <br />s ecifications drawn <br />Cause the final market feasibility study to be 45 days 6/ 17/04 8/ 18/04 <br />comoleted <br />Estimate the final total costs direct and indirect 45 da s 6/ 17/04 �� 18/04 <br />Finalize PUD/Develo ment A eement 120da s 7/29/04 1/12/OS <br />Marketin and Sellin 60 da s 1/3/OS 4/6/OS <br />Begin actual construction of the streets, utilities 200 days 4/7/OS 1/1 1/06 <br />and lots <br />19.2 Phase II Development — Neighborhood Housing Renovations - 2-10 year plan <br />Phase II development is an opportunity for the HRA to create a targeted renovation plan for <br />existing single family and multi-family housing in the area. In addition, the Galilee Church could <br />become a community focal point with the additional and shared access and parking and <br />opportunity to be a community social gathering and service center. There are several important <br />obj ectives in this redevelopment phase: <br />+ Provide an entryway or gateway to the Armory open space. Work with the National <br />Guard to share the open space, driveway access, and parking through public use <br />easements or leases. <br />� Retain and improve upon some of the successful housing in the area. <br />� Be financially feasible for the owner and/or apartment owners to renovate. <br />� Freshen up, add more appealing development, public gathering places, and water <br />retention areas that are currently not addressed on the site. <br />• Mix new "fill-in" apartments and owner occupied housing in a pedestrian-friendly <br />design. <br />� Encourage development that can take advantage of transit on Rice Street <br />The existing multi family complexes within the study area are aging. Aside from the McCarrons <br />Manor Townhomes built in 1987, the other maj or complexes (McCarrons Street Apartments, <br />Final Version 19 July 26, 2004 <br />