Thursday, November 18, 2010 LOMBARD DOWNTOWN PLAN Village Board Meeting Lombard Downtown Revitalization VILLAGE BOARD MEETING Thursday, November 18, 2010

Thursday, November 18, 2010 LOMBARD DOWNTOWN PLANVillage Board Meeting

Lombard Downtown Lombard Downtown RevitalizationRevitalization

VILLAGE BOARD MEETINGThursday, November 18, 2010

Project Guidebook Project Guidebook

LOMBARD DOWNTOWN PLANThursday, November 18, 2010Village Board Meeting

PRESENTATION OVERVIEW

1)

Overall Development Strategy

2)

Site Concepts and Economics3)

Transportation & Parking Strategies

4)

Streetscape Strategies5)

Façade Enhancement Strategies

6)

Branding & Visual Identity Strategy

7)

Implementation8)

Public Involvement Process


East St. Charles Road TIF 1 WestDowntown TIF

STUDY AREA


o Stakeholder Focus Groups

o Working Group Meetings

o Public Open Houses (2)

o Project Website

COMMUNITY OUTREACH

Website >>>

www.TeskaAssociates.com/lombard


DEVELOPMENT STRATEGY – Auto vs. Pedestrian

Vs.


CONCEPT SITES: Core Downtown Area

Wednesday, October 27, 2010 LOMBARD DOWNTOWN PLANPublic Open House

SITE 1: Theater Site

1A

CORE DOWNTOWN AREA

1B


SITE 2: Hammerschmidt SiteCORE DOWNTOWN AREA


SITE 3: 7-Eleven SiteCORE DOWNTOWN AREA


SITE 4:10-14 W. St. Charles Rd SiteCORE DOWNTOWN AREA


SITE 5: 134-118 W. St. Charles Rd SiteCORE DOWNTOWN AREA


SITE 6: Fifth Third Bank/Praga SiteCORE DOWNTOWN AREA


SITE 7: 100-108 N. Main St SiteCORE DOWNTOWN AREA


CONCEPT SITES: East St. Charles Road Area


SITE E1: Garfield/Martha SiteEAST ST. CHARLES ROAD AREA


SITE E2: Martha/Craig SiteEAST ST. CHARLES ROAD AREA

E2-A

E2-B


SITE E3: Grace SiteEAST ST. CHARLES ROAD AREA


SITE E3: Grace SiteEAST ST. CHARLES ROAD AREA


SITE E4: North Vet SiteEAST ST. CHARLES ROAD AREA


SITE E5: Allied Drywall SiteEAST ST. CHARLES ROAD AREA


SITE E6: Windsor/Martha SiteEAST ST. CHARLES ROAD AREA


Goal Identify projects that will appeal to the market

and provide TIF increment Methodology

Look at the most optimistic possibility and alter design back until concept is least “breakeven” Immediate implementation Market Rents

Comment on market concerns Project realistic Increment

DEVELOPMENT FINANCIAL ANALYSIS


DEVELOPMENT FINANCIAL ANALYSISWilling Seller Meets Willing Buyer


DEVELOPMENT FINANCIAL ANALYSIS

Downtown Pay-as-you-go estimate: $3.4 million

Years 1 to 5: $180,000 per year Years 6 to 12: $350,000 per year

Want to Bond? NPV estimate: $2.8 million/2=$1.4 million

East Pay-as-you-go estimate: $2.4 million

Years 1 to 3: $36,400 per year Years 4 to 15: $203,000 per year

Want to Bond? NPV estimate: $1.6 million/2=$800,000


Guiding PrinciplesTRANSPORTATION STRATEGIES

Build upon existing assetsImprove connectivity between travel modesImprove walkability and pedestrian safetyImprove bicycle network to downtown area



Pedestrians/Bicycles/TransitTRANSPORTATION STRATEGIES

Lincoln Ave crosswalkPark Ave pedestrian tunnelMartha St crosswalkMarked bicycle routes along Park Ave, St. Charles Rd & Main StNew bus layover at Main St and Parkside Ave



Parking ImprovementsPARKING STRATEGIES


Parking ImprovementsPARKING STRATEGIES

Parking ManagementLease arrangement with

AT&TShared parkingVaried time limits

Consolidation/ReconfigurationExisting surface lots north of

W. St. Charles Rd/west of Park Ave

New ResourcesNew surface lot at vacant TCF parcelNew parking structure north of W. St. Charles/east of Park AveNew on-street spaces on E. St. Charles as part of road diet


Builds on the 2009 Landscape Enhancements Plan

STREETSCAPE ENHANCEMENT STRATEGIES


Expand pedestrian areas

General RecommendationsSTREETSCAPE ENHANCEMENT STRATEGIES

Reduce cross lengthsMake connections to destinationsImprove materialsCentralize destinationsIdentify downtown as a special placeImprove the comfort of thepedestrian experience



Park Ave/St. Charles Rd Intersection

Primary Improvement ZoneSTREETSCAPE ENHANCEMENT STRATEGIES

Train Station

Main St



St. Charles Rd

Secondary Improvement ZoneSTREETSCAPE ENHANCEMENT STRATEGIES

Mid block crossings

Public open space


Sculpture Park

Tertiary Improvement ZoneSTREETSCAPE ENHANCEMENT STRATEGIES

Gateway at Grace St/St. Charles Rd

Streetscape


Park Ave/St. Charles Rd

Short Term RecommendationsSTREETSCAPE ENHANCEMENT STRATEGIES

St. Charles Rd pedestrian crossingDesign/permit Main St bridgeimprovementsRestore pedestrian stripingSidewalk to Train Station


Facade EnhancementsEAST SIDE OF PARK AVE (BETWEEN ST. CHARLES RD & THE RAILROAD








Implementation

Pursue development of Hammerschmidt Site

Early Action Projects

Pursue improvements to 10-14 W. St. Charles SitesPursue consolidation of 104-106 St. Charles SitesPursue development options for Fifth Third/Praga, N. Main, and W. Charles sites

Design and installation of priority streetscape elementsPursue façade enhancements

Pursue economic development and parking strategiesDesign and installation of priority signage system


Questions/Comments?

o Teska Associates, Inc.o Fish Transportation Groupo Gewalt Hamiltono wohltgroupo Hitchcock Design Groupo Business Districts, Inc.o Richard Hunt

Prepared by the Consultant Team of:

Documents

Thursday, November 18, 2010 LOMBARD DOWNTOWN PLAN Village Board Meeting Lombard Downtown Revitalization VILLAGE BOARD MEETING Thursday, November 18, 2010