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I-170/Olive Joint Redevelopment Task Force Meeting Minutes: November 18, 2009 Page 2 of 3 encourage more residential condominiums or active senior living residential developments have a consistent architectural style connecting the quadrant envision an area that is walkable, even with the highway and interchange obstacles encourage higher density living and businesses that are not necessarily retail only have areas for corporate offices, possible corporate headquarters to serve as anchor Mr. McDowell noted that given the discussions regarding a mixture of land uses, including retail and corporate offices, a key issue to consider is whether development in the area should be a revenue producer or be anchored by a long term tenant such as a corporate headquarters. Discussion ensued over University City being a pool sales tax city in the County and Olivette being a point of sales community. Each community’s perspective on retail sales revenue is different, in which University City sales tax revenue is based on a per capita basis (population) and where as Olivette is not as concerned over per capita as it is in point of sales. Discussion continued on what task force members would like to see develop and what they perceive their community would like to see: balance between building on existing strengths and also being transformational University City revenues being based on population and the ethnic mix not jeopardizing University City’s existing ethnic mix/balance University City encouraging a more residential component and Olivette seeking a more retail based component create the area as a destination, possibly a corporate headquarters as base use this as a way to create identity and local jobs Cities to take a more active role in the development a redevelopment vision that can go in different directions/flexible consideration of redevelopment along the whole Olive Boulevard corridor, not just interchange narrow Olive Boulevard and bring developments closer to the street create walkability and develop more greenspace encourage good national chains, such as restaurants provide for empty nester living opportunities, especially for middle income empty nesters not to be afraid of the use of eminent domain, belief that the perception of the use of eminent domain for redevelopment in this area has changed given current market conditions and values of properties 3. OTHER DISCUSSION ITEMS AS BROUGHT FORWARD BY TASK FORCE MEMBERS: Discussion ensued over eminent domain and its use. There was discussion regarding a perception that property owners may be more comfortable to buyouts given an aging population, property maintenance issues, and the stagnation of property values as compared to the prior years. There was discussion by the task force noting that both communities should consider making a commitment to the use of eminent domain as a development tool before any form of development concept is considered. The task force discussed the issue of social obsolescence, a factor used in determining blight. The task force discussed the need for a stated objective. Discussion ensued over whether the task force needs to consider whether coordinated redevelopment is a viable option, whether a common objective should be to put in place a development plan, and is coordinated redevelopment of the area a feasible project. Discussion ensued over three perceived community issues that would have to be considered in any redevelopment plan. The three issues noted were what would be acceptable building heights, how to address increase traffic and high density, and what would be acceptable residential encroachment. 4. SCHEDULING OF NEXT MEETING: The task force requested that staff coordinate with Suddle-Mindlan to provide a presentation similar to the one provided to both City Councils on May 11, 2009. Staff was also directed to coordinate with the St. C:\Documents and Settings\ariganti\Local Settings\Temporary Internet Files\Content.Outlook\9CW7A9UY\JRTF Mtg Min 2009 11-18.doc