Mid-North Quality of Life Plan. Mid-North Commercial Node Identification and Redevelopment Strategy The 5 W s

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1 Mid-North Quality of Life Plan Mid-North Commercial Node Identification and Redevelopment Strategy The 5 W s

2 Tonight s Agenda Tonight s Agenda Background Leigh Riley Evans, Mapleton-Fall Creek Development Corporation Nodes and Mid-North Indianapolis Ian Colgan, Development Concepts, Inc. Roundtable Discussions Report Outs Detail, 1950s (IMCPL Digital Collections, Indianapolis Firefighters Museum Collection) Next Steps Jay van Santen, Mid-North Neighbor and Business Owner

3 Background Identify Prioritize Develop Plans and Strategies Detail, 1950s (IMCPL Digital Collections, Indianapolis Firefighters Museum Collection)

4 Background Detail, 1950s (IMCPL Digital Collections, Indianapolis Firefighters Museum Collection)

5 Background 2009 Google Imagery

6 When do I have my say? THREE Community Workshops: Thursday, 9/20 at 6:30pm Thursday, 10/25 at 6:30pm Thursday, 11/15 at 6:30pm Ivy Tech- North Meridian Center, Room W. Fall Creek Parkway N. Dr., 46208

7 What is a commercial node? points within the city, strategically located, into which the individual enters (and which is often the main focal point to which she or he is traveling to or from). There are often junctions a crossing or converging of paths. They often have a physical element such as a popular hangout for the individual or a plaza area - Kevin Lynch

8 What is a commercial node? What defines a successful neighborhood commercial node? Cluster/concentration of commercial activities (shopping, dining, services, etc.) Mixture of destination and locally serving businesses Good pedestrian accessibility Used often by nearby residents Fosters social interaction

9 What is a commercial node? What defines a successful neighborhood commercial node? Cluster/concentration of commercial activities (shopping, dining, services, etc.) Mixture of destination and locally serving businesses Good pedestrian accessibility Used often by nearby residents Fosters social interaction

10 Examples of Nodes Corner Shop Kessler & College Indianapolis, IN

11 Examples of Nodes Corner Shop Regent & Allen Madison, WI

12 Examples of Nodes Small Urban Cluster 56 th & Illinois Indianapolis, IN

13 Examples of Nodes Small Urban Cluster 52 nd & College Indianapolis, IN

14 Examples of Nodes Neighborhood Commercial Center McMillan Street Cincinnati, Ohio

15 Examples of Nodes Neighborhood Commercial Center Brady Street Milwaukee, WI

16 Examples of Nodes Urban Commercial District Bucktown Chicago, IL

17 Examples of Nodes Urban Commercial District South Street Philadelphia, PA

18 Examples of Nodes Project Based Eddy Commons South Bend, IN

19 Market Dynamics The recipe for successful urban commercial nodes / districts Traffic Count Residents Income Population Density Employees

20 Market Dynamics MIDWEST NODES Bucktown Chicago, IL Uptown Minneapolis, MN The Loop St. Louis, MO Brady Street Milwaukee, WI Grand Avenue St. Paul, MN Hyde Park Cincinnati, OH Bardstown Road Louisville, KY INDY NODES Fountain Square Mass. Ave. Irvington 49 th & Penn 56 th & Illinois 52 nd /54 th & College Broad Ripple MID-NORTH 25 th & Meridian 22 nd & Meridian 32 nd & Meridian 34 th & Illinois 38 th & Illinois 38 th & College State Fairground College & Fairfield 30 th & College 30 th & Central

21 Potential Nodes

22 Market Dynamics 60% 40% 20% 0% -20% -40% -60% -80% 49th & Penn Traffic Count Density Income Brady Street

23 Market Dynamics TRAFFIC COUNT (ADT) INCOME (Per Capita) DENSITY (people per sq. mi.) 30,000+ $35, , ,000 30,000 $25,000 - $35,000 6,000 10,000 10,000 15,000 $18,000 - $25,000 3,000 6,000 <10,000 >$18,000 <3,000

24 Market Dynamics DENSITY (people per square mile) New York City (Manhattan) 69,771 / square mile Chicago 11,864 / square mile Washington D.C. 10,065 / square mile Minneapolis 7,019 / square mile Milwaukee 6,296 / square mile Cincinnati 4,273 / square mile Denver 4,044 / square mile Atlanta 4,020 / square mile Columbus 3,556 / square mile Indianapolis 2,273 / square mile

25 Market Dynamics 24,000 22,000 Population Density (within ½ mile radius) 20,000 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000-8,771 people per sq. mi. 5,677 People per sq. mi. 3,119 People per sq. mi.

26 Market Dynamics $60,000 $55,000 $50,000 $45,000 $40,000 Per Capita Income (2010) $42,671 $36,744 $35,000 $30,000 $25,000 $18,287 $20,000 $15,000 $10,000 $5,000 $-

27 Market Dynamics 50,000 45,000 Traffic Counts (Average Daily Trips) 40,000 35,000 30,000 25,000 20,000 15,000 17,920 ADT 10,000 5,000 -

28 Market Dynamics 16,000 14,000 Employment Density 12,000 10,000 8,000 6,000 4,000 4,797 employees per sq. mi. 1,917 employees per sq. mi. 3,042 employees per sq. mi. 2,000 -

29

30 Market Dynamics

31 Break Out Sessions minutes Priorities: Prioritize 3-4 nodes based on market dynamics and local need Select what types of commercial node is a best fit for each priority area Other Considerations Scale of redevelopment/investment needed Parking Potential need for higher density Need to acquire / demolish existing homes to create sites large enough Retail works differently than it did 50 years ago when commercial nodes were more commonplace Needs of different markets (daytime, nighttime, local vs. visitors, residents vs. workers, etc.

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