8/9/2019 Downtown Enhancements Project

http://slidepdf.com/reader/full/downtown-enhancements-project 1/21

 

Project

1

8/9/2019 Downtown Enhancements Project

http://slidepdf.com/reader/full/downtown-enhancements-project 2/21

Town of Prosper “a lace where ever one matters” 

 1. What should the desi n of the Downtown

Enhancements project include?

municipalities encouraged downtowndevelo ment with unwillin ro ertowners?

8/9/2019 Downtown Enhancements Project

http://slidepdf.com/reader/full/downtown-enhancements-project 3/21

Town of Prosper “a lace where ever one matters” 

1. What should the design of the Downtownn ancemen s pro ec nc u e

8/9/2019 Downtown Enhancements Project

http://slidepdf.com/reader/full/downtown-enhancements-project 4/21

Town of Prosper “a lace where ever one matters” 

 2012 Comprehensive Plan

8/9/2019 Downtown Enhancements Project

http://slidepdf.com/reader/full/downtown-enhancements-project 5/21

Town of Prosper “a lace where ever one matters” 

 Project Scope

Original Scope: 

$400,000

8/9/2019 Downtown Enhancements Project

http://slidepdf.com/reader/full/downtown-enhancements-project 6/21

Town of Prosper “a lace where ever one matters” 

 Project Scope

Current Scope:, ,

& Landscaping)$550,000

8/9/2019 Downtown Enhancements Project

http://slidepdf.com/reader/full/downtown-enhancements-project 7/21

Town of Prosper “a lace where ever one matters” 

 Budget Estimates  -  ,

Fiscal Year 2014-2015 Decision Package: $ 75,000 allocatedCost Estimate for Original Original Scope

Street Lighting: 375,000

Engineering: $ 25,000

Total Cost: $400,000

Cost Estimate for Current Scope

Sidewalk / Curb: $275,000

  ,

Landscaping: $ 75,000

Engineering: $ 50,000

 ota ost: ,

8/9/2019 Downtown Enhancements Project

http://slidepdf.com/reader/full/downtown-enhancements-project 8/21

Town of Prosper “a lace where ever one matters” 

 Project Scope

Limits of Improved

(Lighting Only)$225,000

8/9/2019 Downtown Enhancements Project

http://slidepdf.com/reader/full/downtown-enhancements-project 9/21

Town of Prosper “a lace where ever one matters” 

2. How has the Town and othermun c pa es encourage own own

development with unwilling property

8/9/2019 Downtown Enhancements Project

http://slidepdf.com/reader/full/downtown-enhancements-project 10/21

Town of Prosper “a lace where ever one matters” 

 2007 – Old Town Core District Inset

8/9/2019 Downtown Enhancements Project

http://slidepdf.com/reader/full/downtown-enhancements-project 11/21

Town of Prosper “a lace where ever one matters” 

 2009 – Neighborhood Empowerment Zone 1

:•

75% waiver of all building permitfees, as well as building andconstruction inspection fees.

• 75% waiver of water, wastewater

and roadway impact fees.

INCENTIVES:• May refund up to 60% ofmunicipal sales tax on sales made

in NEZ.

• May abate up to 100% of

property in NEZ.

NEZ in effect for 10 years. (2019)

8/9/2019 Downtown Enhancements Project

http://slidepdf.com/reader/full/downtown-enhancements-project 12/21

Town of Prosper “a lace where ever one matters” 

 2009 – Neighborhood Empowerment Zone 1

202 S. Coleman (New Office)

Designer Roofing

Guthrie Lumber / CoServ

Savoy

Town Hall Annex

8/9/2019 Downtown Enhancements Project

http://slidepdf.com/reader/full/downtown-enhancements-project 13/21

Town of Prosper “a lace where ever one matters” 

 2014 – Neighborhood Empowerment Zone 2

:•

75% waiver of all building permitfees, as well as building andconstruction inspection fees.

• 75% waiver of water, wastewater

and roadway impact fees.

INCENTIVES:• May refund up to 60% ofmunicipal sales tax on sales made

in NEZ.

• May abate up to 100% of

property in NEZ.

NEZ in effect for 10 years. (2024)

8/9/2019 Downtown Enhancements Project

http://slidepdf.com/reader/full/downtown-enhancements-project 14/21

Town of Prosper “a lace where ever one matters” 

 2014 – Neighborhood Empowerment Zone 2

House on 2nd Street

 ezoning urc irst

Real Estate Office

8/9/2019 Downtown Enhancements Project

http://slidepdf.com/reader/full/downtown-enhancements-project 15/21

Town of Prosper “a lace where ever one matters” 

 

following to improve or reinvest in downtowns: •   .

•

Bond Money for improvements.• TIRZ (Tax Increment Reinvestment Zone).

• Grants for ro ert owners to make im rovements.

8/9/2019 Downtown Enhancements Project

http://slidepdf.com/reader/full/downtown-enhancements-project 16/21

Town of Prosper “a lace where ever one matters” 

 

• Configuration of downtown roadways not conducive to a.

• “Zoning does a great job of eliminating the uses you don’t want,but doesn’t encoura e the uses ou do want.” – ohn Webb 2015 

Proposed Plan of Action:

 •

ee a mar e ana ys s o n ou w a can e one w edowntown to complement the surrounding proposeddevelo ments and make it a viable destination. This re uiresam investment strategy.

8/9/2019 Downtown Enhancements Project

http://slidepdf.com/reader/full/downtown-enhancements-project 17/21

8/9/2019 Downtown Enhancements Project

http://slidepdf.com/reader/full/downtown-enhancements-project 18/21

Town of Prosper “a lace where ever one matters” 

Ground Level Planting Beds

Plant Palette:Compact Texas Sage

 war rape yr e (Red)

Dwarf Yaupon Holly

Hamlin GrassIndian Hawthorne (Snow White)

Liriope

Mexican Feather GrassNana Nandina

p opogon (Mondo Grass)

8/9/2019 Downtown Enhancements Project

http://slidepdf.com/reader/full/downtown-enhancements-project 19/21

Town of Prosper “a lace where ever one matters” 

 Raised Planters

Plant Palette:Agave

sp s raBlue Rug Juniper

GardeniaHamlin GrassPurple Fountain Grass

 Red YuccaSalvia

 wee o a o ne

8/9/2019 Downtown Enhancements Project

http://slidepdf.com/reader/full/downtown-enhancements-project 20/21

Town of Prosper “a lace where ever one matters” 

Seasonal Color

Plant Palette:Spring: Alyssum, Daffodil,

,

Summer: Begonia, Caladium,Geranium Pentas Pur leConeflower

Fall: Aster, Chrysanthemum,

Salvia

Winter: Calendula, Kale, Pansy,Snapdragon

8/9/2019 Downtown Enhancements Project

http://slidepdf.com/reader/full/downtown-enhancements-project 21/21

Town of Prosper “a lace where ever one matters” 

Ultimate Cross Section “A”