Page 86 - Valparaiso, IN SR 49 Corridor Plan
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             Focus Area 4: Economic Development and Corridor Promotion (continued)

             GOAL 3.8: PROMOTE ECONOMIC DEVELOPMENT INITIATIVES WITHIN THE SR 49 CORRIDOR. (CONTINUED)

                                                                                          PRIORITY            TIMEFRAME              PRIMARY RESPONSIBLE                                         POTENTIAL OUTSIDE    POTENTIAL OUTSIDE
                 #     STRATEGY                                                                                                                                  SECONDARY RESPONSIBLE PARTY
                                                                                     (PRIMARY-SECONDARY) (SHORT-MEDIUM-LONG-TERM)          PARTY                                                    RESOURCE          FUNDING RESOURCE
               3.8.2
             (Page 48)  Promote SR 49 as a regional health care corridor for Northern Indiana.
                             Revise the Porter County Zoning Map (Institutional District - IN),
                             and the City of Valparaiso Zoning and Land Use maps (Campus -
                       1.    CA) to identify the proposed hospital development and the extent   Primary       Medium                County Commissioners         County Planning Department           N/A                   N/A
                             of the supporting healthcare-related businesses. Prioritize area for
                             development at the locations of the proposed hospital complexes.
                             Consider the use of tax increment financing (TIF) to purchase
                       2.    property and finance infrastructure improvements within the   Primary            Medium              Valparaiso Redevelopment        City Planning Department            N/A                   N/A
                                                                                                                                   Commission, City Council
                             proposed business parks along Memorial Drive Extended.
               3.8.3
             (Page 49)  Support efforts to develop Indiana Office of Community and Rural Affairs (OCRA) Certified Shovel Ready sites for new development within the SR 49 corridor.
                             Amend the City of Valparaiso’s Unified Development Ordinance to
                             incorporate the policy recommendations associated with the City’s
                       1.                                                                 Primary               Short                   City Council              City Planning Department            N/A                   N/A
                             Envision 2030 Comprehensive Plan, Chapter 4, Opportunity, as
                             outlined in Section 2.5.1 of this Corridor Plan.
               3.8.4
             (Page 49)  Develop gateway treatments to significant entrances to Valparaiso from SR 49, including CR E 500 N, Vale Park Road and SR 2.

                             Enhance the Microwave Tower to function as a significant                                                                         City Planning Department, City Parks
                       1.                                                                Secondary            Medium              City Council, Owner of Tower                                        N/A                   N/A
                             wayfinding element for the City of Valparaiso.                                                                                       and Recreation Department
                             Form a partnership with AT&T whereby the City of Valparaiso can
                             utilize the relay tower as a wayfinding element announcing arrival                                                               City Planning Department, City Parks
                       2.                                                                Secondary            Medium              City Council, Owner of Tower                                        N/A                   N/A
                             to the City (refer to Figure 3.10, Microwave Tower and Gateway                                                                       and Recreation Department
                             Element).
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