I275 KY 16 Improvement Area Land Use Study - PowerPoint PPT Presentation

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I275 KY 16 Improvement Area Land Use Study

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Respond to KDOH realignment of KY 16. Manage land use change. Protect and enhance character of City gateway and adjacent neighborhoods ... – PowerPoint PPT presentation

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Title: I275 KY 16 Improvement Area Land Use Study


1
I-275/ KY 16 Improvement Area Land Use Study
City of Taylor Mill
Public Workshop April 4 5, 2006
2
Workshop Agenda
  • Introductions
  • Project Description and Goals
  • Study Area Features
  • Opportunities and Constraints
  • Market Overview
  • Land Use Primer
  • Group Exercises
  • Summary
  • Next Steps

3
Why Plan?
  • Respond to KDOH realignment of KY 16
  • Manage land use change
  • Protect and enhance character of City gateway and
    adjacent neighborhoods
  • Identify appropriate areas and viable
    opportunities for commercial development
  • Identify priority public improvement projects

4
Project Description
  • Community Input
  • Future Land Use Recommendations
  • Zoning Recommendations
  • Infrastructure Needs
  • Design Guidelines
  • Gateways, Landscaping
  • Building Massing
  • Signage
  • Pedestrian Amenities

5
Project Goals
  • To create a decision making tool for land
    development within the study area
  • To identify viable economic development
    opportunities within the study area
  • To promote new investment in the City
  • To create a gateway area with a character unique
    to the City of Taylor Mill
  • Limit piecemeal development patterns

6
Study Area
7
Circulation and Parking
8
Topography
9
Existing Land Use
10
Existing Zoning
11
Future Land Use
12
Site Analysis
13
Opportunities
  • Timing for plan is advantageous
  • Access to I/275 and airport
  • Desirable community
  • Current plan to develop walkway along north/east
    side of Taylor Mill Road
  • New KY 16 alignment will improve traffic
    conditions
  • Character of study area and new road alignment
    lends itself to a concentrated commercial
    district

14
Constraints
  • Existing traffic conditions
  • New KY 16 construction will be disruptive
  • Limited highway visibility
  • Unsafe pedestrian and bike access
  • Unattractive TANK stops
  • Topography
  • Limited sewer capacity
  • Limited undeveloped parcels

15
Demographic Assets
  • Taylor Mill can expect strong population growth
    of 2.69, similar to Greater Cincinnati growth at
    2.85
  • Average HH size in Taylor Mill is 2.68 people,
    signifies a family-oriented community
  • Strong HH income levels Average 79,213 and
    median 67,354
  • 22 greater than Kenton Countys, and over 34
    greater than Kenton Countys median and
  • Strong education concentration of Masters (8.8)
    and Bachelors degree (18.7).

16
Retail Market
  • Greater Cincinnati retail market is being driven
    by big-box development
  • Greater density of big-box presence may
    negatively influence smaller retailers
  • Community retail strip centers will gain from
    regional mall redevelopment projects and
  • Of Northern Kentuckys retail submarkets, only
    Campbell County appears to be struggling with
    higher than average vacancy rates around mid
    teens.

17
Multi-family Rental Market
  • Greater Cincinnati residential rental market can
    expect to improve as interest rates creep upward
  • 2005 occupancy rates have been improving
    throughout the Cincinnati market and can expect
    to continue and
  • Northern Kentucky and Cincinnatis western
    submarkets can expect to have the fewest new
    multi-family apartment units constructed in 2006.

18
Multi-tenant Office Market
  • Greater Cincinnati overall vacancy rate has
    steadily been increasing to 18, Northern
    Kentucky has suffered with high 20 vacancy
    rates
  • Chapel Place medical office development is
    surging forward with very low vacancies and more
    office development
  • Class A office space has been experiencing
    positive absorption, while Class B and C space
    has suffered over the last few years and
  • As economy continues to grow, office market can
    expect to improve.

19
Industrial / Flex Market
  • Sector is experiencing record breaking absorption
    levels, primarily from the bulk warehouse real
    estate
  • Due to limited amount of industrial land in
    Greater Cincinnati, industrial development will
    gradually creep further north and south along
    I-71 and I-75 and
  • Vacancy rates have dropped approximately 4 over
    the last two years, while lease rates have
    recently begun to climb.

20
Land Use Primer
  • Potential Land Uses
  • Commercial / Neighborhood Retail
  • Office
  • Residential Housing
  • Civic Uses
  • Streetscape

21
Commercial / Neighborhood Retail
22
Commercial / Neighborhood Retail
23
Office
24
Office
25
Residential Housing
26
Civic Uses
27
Streetscape
28
Streetscape
29
Group Exercises
  • What are your Goals for the future of the Study
    Area?
  • What Changes or Improvements would you like to
    see in the Study Area?
  • What are the greatest Challenges for the future
    of the Study Area?

30
What are your Goals for the future of the Study
Area?
  • 20 Minutes

31
What Changes or Improvements would you like to
see in the Study Area?
  • 20 Minutes

32
What are the greatest Challenges to the future of
the Study Area?
  • 20 Minutes

33
Group Discussion and Wrap-Up
34
Next Steps
  • Open House to view preliminary land use
    alternatives- April 5 700-830 pm
  • Land Use Alternatives Refinement
  • Preferred Study Area Land Use Plan
  • Infrastructure Cost Review
  • Public Meeting (date TBD)
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