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BROADWAY BUSINESS CORRIDOR BACKGROUNDPlanning Challenges
•Narrow corridor 2-miles long
•Limited east-west connectivity
•Vacant land
•Absentee property owners
•Funding
Solution
•Phased redevelopment
•Immediate implementation of each phase; while planning the next
• Immediate Actions• Mid and Long Term
Strategies
The Economic Development Strategy for each Sub-Area will:
Identify Primary Goals and Objectives for the Broadway Corridor;Define an Action Plan and Capital Improvement Plan for the Corridor; andIdentify the project/program costs for implementationCreate a timeline and financing plan.
BROADWAY BUSINESS IMPROVEMENT PLAN
Issue and Planning Areas to be Addressed by the Plan:
Primary Issues from September 6, 2012 Meeting
SecuritySetback requirements and zoningParking and feasibility of on-street parkingLoitering and Food bank/soup kitchenGambling Boat as a positive to draw more customers to BroadwayMore places for Boat Crews and Employees to go for goods and servicesAttraction of marine industryGeneral Clean-Up of the Corridor
BROADWAY BUSINESS IMPROVEMENT PLAN
BROADWAY BUSINESS CORRIDOR BACKGROUND
North of 39th Street•71% of the properties are occupied Commercial•16% of the properties are Vacant•12% of the properties are Civic Uses
•These properties are zoned BMUD Type II
South of 39th Street•55% of the properties are Residential•26% of the properties are Vacant•18% of the properties are Hotel/Motel
•These properties are zoned BMUD Type I
Broadway Businesses (2011 Survey)•83% of businesses surveyed had been in business for more than 10 years.•83% of businesses owned their own property.•75% of businesses draw their clientele from word of mouth.
BROADWAY BUSINESS CORRIDOR BACKGROUND
Phase I: Marine Village Node 36th to 50th Street
Phase II: Neighborhood Commercial/Marine 50th to 59th Street (54% Vacant Land)
Phase III: Mixed Use/Neighborhood Commercial 26th to 36th Street
BROADWAY BUSINESS CORRIDOR BACKGROUND
Phase I: Marine Village Node 36th to 50th Street
Phase II: Neighborhood Commercial/Marine 50th to 59th Street (54% Vacant Land)
Phase III: Mixed Use/Neighborhood Commercial 26th to 36th Street
BROADWAY PHASE I SURROUNDING CATALYTIC ACTIVITIES
Industrial Area
Northwood Village
Broadway Corridor
Port
of
Palm
B
each
Currie Corridor(Currie Park Boat Ramp)
Public Waterfront Recreation
Private Waterfront Recreation
Commercial Waterfront
Community Services
Proposed Multi- Family
LOCAL MARINE INDUSTRY AND COMMERCIAL ATTRACTORS
Industrial Area
Northwood Village
Broadway Corridor
Port
of
Palm
B
each
Currie Corridor(Currie Park Boat Ramp)
Public Waterfront Recreation
Private Waterfront Recreation
Commercial Waterfront
Community Services
Proposed Multi- Family
Within a ¼ Mile Radius
MARINE INDUSTRY ATTRACTORS: THE PORT
Broadway
• Less than 1 mile from Broadway Marine Node
• 94 operators and tenants
• 1,459 full time employees
• 37 acres of Foreign Trade Zone
• Celebration Cruises carries 300,000 passengers annually
• Suncruz Casino Cruise carries 150,000 passengers annually
BROADWAY CORRIDOR MARINE NODE
Marine Node is 36th to 50th Streets
•44th to 50th Streets targeted for Neighborhood Commercial
•44th to 36th Street targeted Marine related Services/Showroom
•The epicenter of the Marine Node will be at the intersection of 40th Street and Broadway
MARINE NODE PROGRAM FOCUS AREAS
Business Attraction Beautification Circulation/Traffic Land Development
Regulations Area Demographics Real Estate
Redevelopment Infrastructure Security Funding