Page 78 - Valparaiso, IN U.S. 30 Corridor Plan
P. 78

Adopted July 25, 2011





 Getting the right project however is going to require much more than just rezoning.   plan before starting the first phase. The master plan would include lot layout, grading,
 Although the highway frontage may redevelop on its own, the interior portions   circulation and stormwater management components. Each subsequent development
 of the site pose serious challenges to integrated master-planned development.   phase would also be subject to a thorough site plan review process. The developer would
 Getting a quality project here will require a concerted effort by the city to facilitate   be required to install all streets per City’s specs and dedicate them back to the City. The
 the land assembly process, perhaps including getting City control over key   most environmentally sensitive portions of the site should be set aside for permanent
 properties (through direct purchase or option) or helping to organize cooperative   open space.
 rd
 3 -party ownership such as through a land syndicate. It will also require the
 City agreeing to make necessary investments in infrastructure (and perhaps site   •   Exercise of ETJ authority
 engineering) to make the entire area more development-ready.  •   Pre-annexation agreement
 •   Design guidelines & covenants
 Although such decisions should always be made carefully, the City’s purchase of   •   Rigorous site plan review
 land in a targeted redevelopment area puts it in a much stronger position to get
 the project it ultimately wants and to get it sooner. To the extent that the City does
 control certain key pieces, it can have a more active role in developer solicitation
 and selection, and can negotiate for an even higher quality of development than
 is required under the zoning ordinance alone.

 Public ownership also opens the door to grants for infrastructure and environmental
 restoration that may not be available to private parties. Finally, public control
 allows the City to push the plan forward at its own preferred pace thus allowing a
 faster recapture of public investment through increased tax revenues.

 General Redevelopment Steps

 •   Outreach to property owners
 •   Rezoning
 •   TIF districting
 •   Land assembly
 •   Grant procurement
 •   Site remediation
 •   Replatting
 •   Infrastructure upgrades
 •   Developer solicitation

 Priority Planning Area: Western Gateway (Hayes-30)

 As a greenfield site under consolidated ownership (and outside of current City
 limits) this project warrants a much different approach than under the previous
 scenario.  It  is  essentially a  new  subdivision. Hence, the  City’s  most  effective
 strategy in getting a top quality master-planned development involves the standard
 regulatory tools of zoning and subdivision regulations; a rigorous site plan review
 process; and the application of consistent and predictable annexation policies.

 Because the area is already served with some City services, the City should invoke
 its ETJ authority and zone the site for mixed-use planned development.  Any
 hook-ups to City services should be made contingent upon official annexation to
 the City and acquiescence to the PUD zoning designation. These terms should
 be spelled out in a pre-annexation agreement triggered by a request for services.

 Given the size of the site, it is expected that the project would be built in several
 phases over several years and possibly involving multiple developers. The master
 developer would be required to submit, and get approval for, the complete master



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