Eastland Redevelopment Strategy Update

May 21, 2015

Economic Development & Global Competitiveness Committee

Foundational Community Principles

Eastland Area Strategies Team (EAST) Qualitative Principles in Support of Eastland Redevelopment:

1. Enhance the Perceptions of the Eastland Area & East Charlotte

Create sense of place

Enhance property values onsite and in surrounding neighborhoods

Catalyze offsite redevelopment opportunities

Attract new residents, workers, and visitors

2. Unify Local Communities

Creating a place and enhancing community pride

Energized, high-quality, public environment to create a new central gathering place

Foundational Community Principles

Eastland Area Strategies Team (EAST) Qualitative Principles in Support of Eastland Redevelopment:

3. Create Connectivity & Walkability for Surrounding Neighborhoods

Streetcar and TOD opportunities provide valuable connection between public space, ancillary redevelopment and Uptown

Increased connectivity between neighborhoods (opening up the site)

Encourage increased pedestrian activity

4. Take Advantage of Natural Features

Stormwater detention as an amenity

Park with balanced combination of activities and amenities to create successful multi-functional community amenity

5. Create Opportunity for Civic Development

Combination of K-8 magnet school, park, and public transit provide unique opportunities to leverage private investment and enhance the quality of life

Development Concept Functional Plan

Central Avenue

Hollyfield Dr.

Central Avenue

Hollyfield Dr.

Central Avenue

Hollyfield Dr.

Central Avenue

Open Space

Central Avenue

Open Space: 22 acres (27.5%)

School: 12 acres (15%)

Transit

Center

School

K-8

Stormwater

Pond

Development

Mixed Use (Retail, Office, Multifamily)

Medium Density Residential

Medium-Low Density Residential

Central Avenue

Development: 26 acres (32.5%)

Mixed

Use Mixed

Use

Mixed

Use

Mixed

Use

Mixed

Use Mixed

Use

Streets & Blocks

Central Avenue

Right of Way: 20 acres (25%)

Gold Line Streetcar

Transit

Center

Streetcar

Stop

Streetcar

Stop

Streetcar

Stop

Streetcar

Stop

Concept Plan

Open Space: 22 acres (27.5%)

School: 12 acres (15%)

Development: 26 acres (32.5%)

Right of Way: 20 acres (25%)

80 acres

Transit

Center

School

K-8

Stormwater

Pond

Central Avenue

Mixed

Use Mixed

Use

Mixed

Use Mixed

Use

Mixed

Use

Mixed

Use

Mixed

Use Mixed

Use

Mixed

Use

Design Vision

Central Avenue

Stormwater

Pond

Fire

Station

Transit

Center

Mixed

Use Mixed

Use

Mixed

Use Mixed

Use

Mixed

Use

Mixed

Use

Mixed

Use

Mixed

Use Mixed

Use

Mixed

Use

Urban Stormwater Park

Urban Stormwater Park

Urban Stormwater Park

Urban Stormwater Park

Urban Open Space

Urban Stormwater - Green Streets

Urban Stormwater - Green Streets

Mid Rise Mixed Use Development

Mid Rise Mixed Use Development

Transit Oriented

Central Avenue

Hollyfield Dr.

Transit

Center

School

K-8

Stormwater

Pond

Mixed

Use Mixed

Use

Mixed

Use

Mixed

Use Mixed

Use

Mixed

Use

Next Steps

Finalize agreements with CMS and Parks & Recreation Determine building specs/requirements

Public engagement

Refine budget and phasing strategies

Finalize master plan

Provide committee with progress updates

Assess developer interest

Update full council