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Ms. Ricci asked if there was a cost to University City in the area encroaching into the City. <br />Mr. Holt said there was not and noted there has been great collaboration. <br /> <br /> HUD recommends 1.5:1 relationship between jobs and housing units which <br />translates in to 5,850 jobs that could be accommodated along Delmar, in five story <br />buildings, and also along the edges of Skinker and Olive Blvd. <br /> <br /> From Public Sessions there were a couple of questions as affordable housing and to <br />encourage active aging that still needed to be answered. <br /> <br /> Advantage with addition of the Delmar Streetcar would be it would then become a <br />transit developed neighborhood. <br /> <br /> Implementation of extending optical fiber internet cables along Delmar, Skinker and <br />into neighborhoods at the same time when the Streetcar construction begins, giving <br />University City a highly competitive advantage for future businesses. <br /> <br /> Principles developed will be the walkability: transit orientated; urban quality & <br />livability; arts and culture; healthy urban environment systems; community health, <br />safety and empowerment; all organized for success. <br /> <br /> Neighborhood plan shows a lot of disconnected streets that needs to be changed in <br />order to bring access to the neighborhood as streets and parks are the framework. <br /> <br /> For neighborhood sustainable development, residents have consistently talked about <br />a need in the neighborhood for a grocery store; which there is a market for around <br />Delmar and Skinker, as the Schnuck’s Culinary downtown. <br /> <br /> Other neighborhood sustainability would include: student housing to be developed <br />and renovated; new retail developed in the LOOP area; condominium development <br />behind large parking lot owned by University City; mixed-use/office at Skinker and <br />Kingsland; and mixed-use/affordable apartments on Olive <br /> <br /> Metcalf Park and Ackert Walkway have been enlarged since the original plans. <br /> <br /> An integrated Funding Plan is in the works. The biggest challenge in development <br />will be the many jurisdictional boundaries that exist. (City Boundaries, Loop and <br />Loop East Special Business District, Loop Trolley TDD, Parkview Gardens Special <br />Business District and Parkview Gardens Association.) <br /> <br /> To meet the above challenge, it is suggested that a non-profit development <br />corporation be developed, to manage the Community Improvement Districts (CIDs) <br />and other redevelopment entities; to adjust the boundaries of the existing Loop SBD, <br />East Loop/Parkview Gardens SBD and Parkview Gardens SBD to be conterminous; <br />and overlay the existing SBDs with CIDs. <br /> <br /> The second component will be to develop a regulatory plan to ensure that future <br />development matches the plan’s intention and objectives. This is where the height <br />of buildings will be guided with the green area allowing 2 to 4 stories, the red area - 3 <br />to 5 stories and the blues areas 3 - 8 stories, up to 12. <br /> <br /> The third component is how and where to start. Phases should be 0 to 5 years, then <br />5 to 10 years and lastly 10 years and out. <br /> <br />Ms. Ricci asked about University City’s cost as compared to other jurisdictions, how does <br />City owned parking lots fit into the plan, has there been an analysis of dollars of how the <br />City might benefit, and was there a dollar income evaluation on the mixed-use. <br /> <br />Mr. Crow confirmed that the study to date has been financed by Parkview Gardens, <br />Washington University, the Federal Government and $14,000 from University City. He <br />asked on the average of how many citizens participated in the public discussions and was <br />told on an average of 40 per session. Mr. Crow asked if the landowners have participated <br />and was told that the major land owners have attended. <br />2 <br /> <br /> <br />