COMMUNITY DEVELOPMENT FOREST PARK SOUTHEAST AND THE GROVE

Transcription

1 COMMUNITY DEVELOPMENT FOREST PARK SOUTHEAST AND THE GROVE

2 PROXIMITY 1 REGIONAL CONTEXT 2 PROXIMITY LANDMARKS AND AMENITIES 3 ROUTES TO MEDICAL INSTITUTIONS 4 FOREST PARK SOUTHEAST LAND USE MAPS

3 REGIONAL CONTEXT Major employment centers within a minute drive 35,000 Jobs 88,000 Jobs Great amenities just minutes away

4 FPSE SOUTHWEST QUADRANT

5 FPSE LAND USE MAP (EXISTING)

6 CWE METROLINK STATION (142,000 AVG MONTHLY BOARDINGS) MEDICAL INSTITUTIONS (COMBINED EMPLOYMENT: 20,000) INTERSTATE 64 (90,198 AVG DAILY VEHICLES) FOREST PARK (12 MILLION ANNUAL VISITORS) 32 BUS ROUTE (2,251 AVG DAILY BOARDINGS) MANCHESTER (8,169 AVG DAILY VEHICLES) 14/80 BUS ROUTE (162/644 AVG DAILY BOARDINGS) 95 BUS ROUTE (3,817 AVG DAILY BOARDINGS) INTERSTATE 44 (140,126 AVG DAILY VEHICLES)

7 SURROUNDING AREA: CORTEX REGIONAL AND NATIONAL PREMIERE HUB OF BIOSCIENCE AND TECHNOLOGY RESEARCH, DEVELOPMENT AND COMMERCIALIZATION 168 ACRE 25 YEAR MASTER PLANNED INNOVATION DISTRICT WHEN COMPLETE: 11,500 JOBS 3.8 MILLION SQ. FT. OF OFFICE/RESEARCH SPACE 700,000 SQ. FT OF RETAIL SPACE 1000 RESIDENTIAL UNITS 350 HOTEL ROOMS NEW METROLINK STATION

8 SURROUNDING AREA: BOTANICAL HEIGHTS 110 MILLION DOLLAR INVESTMENT WHEN COMPLETED SPEARHEADED BY BOTANICAL GARDEN: 14 SQ. BLOCKS 90 ACRES WHEN COMPLETE: 400 RESIDENTIAL UNITS 200 NEW SINGLE FAMILY HOMES 60 REHABILITATED LEED CERTIFIED HOMES HIGHEST RANKING CHARTER SCHOOL IN THE STATE BUSINESSES INCLUDE: UIC, OLIO, ELAIA, & CHOUQUETTE COMING SOON TOWER GROVE MEWS: TACO BAR, PRINTING COMPANY, CHILDREN'S BOUTIQUE, LOAFERS BAKERY CAFÉ & 11 NEW APARTMENTS

9 SURROUNDING AREA: BOTANICAL HEIGHTS HOUSING SALES $250, Total Average Sales Price $200, $150, $100, $50, $0.00 Total Avg Sales Price

10 SURROUNDING AREA: BOTANICAL HEIGHTS BUILDING PERMITS $8,000, Total Investment $7,000, $6,000, $5,000, $4,000, $3,000, $2,000, $1,000, $0.00

11 NEIGHBORHOOD 1 FOREST PARK SOUTHEAST 2 FOREST PARK SOUTHEAST RESOURCES 3 THE GROVE 4 MAJOR 2013 INVESTMENTS

12 FOREST PARK SOUTHEAST AN UP-AND-COMING CENTRAL CORRIDOR NEIGHBORHOOD POPULATION: 2,918 (2010 CENSUS) ALDERMAN: JOE RODDY BOUNDARY: Interstate 64/U.S. Highway 40 on the north, Interstate 44 on the south, South Vandeventer Avenue on the east and southeast, and South Kingshighway Boulevard on the west. Housing Stock: Single & Multi-Family Homes - NATIONAL HISTORIC DISTRICT (EXPANDED 3X)

13 FOREST PARK SOUTHEAST Density During it s height in the 1950 s, the Forest Park Southeast neighborhood had a residential population of 11,500 within a 4 block walking distance north and south of Manchester Ave. There were also tens of thousand more people located in the adjacent neighborhoods (Tiffany & Botanical Heights)

14 FOREST PARK SOUTHEAST Diverse Offerings Manchester Avenue was once a thriving neighborhood commercial/ retail corridor The popular Manchester streetcar line connected the area to both downtown and the western suburbs

15 FPSE HOUSING FPSE housing stock has seen a major transformation, both new construction and rehabs have progressively increased throughout the neighborhood In the years following the downturn of the housing market housing prices in FPSE have increased significantly FPSE has also seen a significant increase in commercial development. Building permit values show the overall investment value in both residential and commercial properties.

16 FPSE HOUSING SALES $160, Total Average Sales Price $140, $120, $100, $80, $60, $40, $20, $0.00

17 FPSE BUILDING PERMITS $14,000, FPSE Building Permits $12,000, $10,000, $8,000, $6,000, $4,000, $2,000, $ Residential Commercial Industrial

18 REBIRTH STRATEGY 2000-PRESENT Safety is key to any thriving neighborhood or entertainment district. The Grove Community Improvement District and WUMCRC fund over 4000 hours of supplemental St. Louis Metropolitan police patrols.

19 FPSE SAFETY & SECURITY

20 RESULTS Over 500 units of market rate and affordable housing units have been produced in the neighborhood Reopened Adams School and new Adams Park Community Center Highly successful job training, placement and retention program $3m Manchester streetscape project Millions of dollars of private investment along Manchester 10 year reduction in neighborhood crimes

21 4196 Manchester Avenue THE TRANSFORMATION

22 4202 Manchester Ave THE TRANSFORMATION

23 4229 Manchester Ave THE TRANSFORMATION

24 Manchester THE TRANSFORMATION

25 4243 Manchester Ave THE TRANSFORMATION

26 Address: 4216 Gibson Use: Single-Family Tenant: Resident THE TRANSFORMATION

27 2013 MAJOR NEIGHBORHOOD INVESTMENTS URBAN CHESTNUT BREWERY REDEVELOPMENT INVESTMENT: 10 MILLION LOCATION: MANCHESTER STATUS: DUE TO OPEN EARLY 2014 USE: TASTING ROOM, BEVERAGE SALES, BOTTLING, PATIO & PARKING

28 CHOUTEAU PARK 2014 MAJOR NEIGHBORHOOD INVESTMENTS INVESTMENT: LOCATION: 4300 BLOCK OF CHOUTEAU STATUS: IN PROCESS USE: MULTI-PURPOSE FIELD, MODERN PLAYGROUND, AMPHITHEATER HILL, WATER-PLAY FEATURE, & WALKING TRACK

29 FPSE RESOURCES PARK CENTRAL DEVELOPMENT COMMUNITY DEVELOPMENT CORPORATION CURRENTLY SERVING FOREST PARK SOUTHEAST, BOTANICAL HEIGHTS AND PORTIONS OF CENTRAL WEST END SINCE WASHINGTON UNIVERSITY MEDICAL CENTER HELPING STRENGTHEN THE NEIGHBORHOODS SURROUNDING THE MEDICAL CENTER SINCE THE GROVE CID FPSE NEIGHBORHOOD ASSOCIATION