NJ Future Forum 2012 Investing Strategically in TOD Morrissy
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Transcript of NJ Future Forum 2012 Investing Strategically in TOD Morrissy
The Valley Revitalization Initiative
www.handsinc.org
The Valley Revitalization Initiative
• Eight Year Planning and action approach
• 40 blocks – the Valley neighborhood of Orange and West Orange
• HANDS Inc nonprofit community development corporation is the prime mover
Max Build-out
vs.
The Urban Village
Max Build-out
vs.
The Urban Village
Max Build-out
vs.
The Urban Village
Max Build-out
vs.
The Urban Village
Max Build-out
vs.
The Urban Village
Max Build-out
vs.
The Urban Village
Max Build-out
vs.
The Urban Village
Engage residents, institutions, organizations
and two municipalities
• Three Universities assisted
• 100s of stakeholders participated
• Orange and West Orange
participated in Smart Growth
planning (DCA Grant)
The Organic Planning Strategy
• Ignite a vision
• Create a signature project to create momentum
• Engage stakeholders in comprehensive planning
• Control real estate
• Advocate for and embrace redevelopment and zoning powers
• Clean-up industrial sites
• Attract the best private sector developers
Several plans make the whole
• Valley Revitalization Plan approved by DCA for Neighborhood Revitalization Tax Credit
• Central Valley Redevelopment Plan– Orange
• Mitchell-Joyce Rezoning Plan-West Orange
• ValleyArts Business Plan
2006-2009
• Brownfields Development Area Plan
2005 Smart Growth Award from New Jersey Futures
HANDS, Inc; the City of Orange and
the Township of West Orange
Eliminate the blight
• Obsolete deteriorated
factory buildings
• Brownfields – industrial
contamination from hat
mfg. and later industrial
uses
• Problem properties –
residential and
commercial
The challenges met and overcome
• Minimized residential displacement
• Retained key labor-intensive employers
• Retained the remaining historic character
• Critical mass of new development around the RR station
• Making it work for the residents of Orange
• Range of housing choices
Build on the Valley Neighborhood’s Assets
• Train station
• Historic character
• Large public park
• East branch of the
Rahway River
• Location on
urban/suburban divide
• Popular Italian
restaurants
• Shared by two towns
Create a world class urban village
• Transit oriented
• Pedestrian friendly
• Range of housing choices
• Mixed-use with
neighborhood retail
• Community Arts Program
• New public park space
The Arts as an Engine
• ValleyArts- a new
community organization
• Neighborhood
revitalization
• Economic development
• Raise academic
achievement
• Create a dynamic
identity
Public Art
Utilize obsolete industrial buildings
• Artist live/work
spaces
• Commercial Arts
Center
• Community Arts
facility
Resurrect the Valley’s past
• Hat making center
1860-1920s
• Historic industrial
buildings
• Strong neighborhood
identity
Rebuild the Valley’s tax base
• 600+ new residential units- $120 million investment
• 100 arts spaces for working artists and retailers
• Neighborhood retail
Rebuild the Valley’s tax base
• Retain major light industrial employers
• Top quality private sector developers
• Arts District built around old factories and
popular restaurants
Create green space
Pedestrian greenway entrance to the Valley
Attract Resources
People, $$$, Partners
Commitment to artists and
innovators
Social enterprise
Affordable financing is required
Invest in People
The Valley Revitalization Initiative
www.handsinc.org