DowntownDowntown Plano Transit Plano Transit VillageVillage
TOD TOD Strategies Strategies
for for SuburbanSuburban
DowntownsDowntowns
Quaint, but ForgottenQuaint, but Forgotten
Physical Physical DeteriorationDeterioration
Business DeclineBusiness Decline Absentee Absentee
OwnershipOwnership Community Community
DetachmentDetachment Lack of VisionLack of Vision InertiaInertia
Downtown VisionDowntown Vision Transform downtown into a compact, mixed-use, Transform downtown into a compact, mixed-use,
urban center consistent with the principles of urban center consistent with the principles of new urbanism and transit oriented design to new urbanism and transit oriented design to enhance the community’s quality of life and enhance the community’s quality of life and provide a model for sustainable development provide a model for sustainable development within a maturing suburban city.within a maturing suburban city.
¼ Mile Strategy¼ Mile Strategy•Locate/design LRT platform to maximize benefitsLocate/design LRT platform to maximize benefits
•Develop and manage parking and linking transit programsDevelop and manage parking and linking transit programs•Add 1,000 dwelling units and 50,000 sq. ft. retail useAdd 1,000 dwelling units and 50,000 sq. ft. retail use
•Reinforce downtown as an arts districtReinforce downtown as an arts district•Expand park & streetscape improvementsExpand park & streetscape improvements
•Preserve historic buildingsPreserve historic buildings•Provide incentives for reinvestmentProvide incentives for reinvestment
Downtown Downtown AccomplishmentsAccomplishments
490K Sq.Ft. New Dev. $34M490K Sq.Ft. New Dev. $34M 465 Apts. 40K Sq.Ft. Com. Dev.465 Apts. 40K Sq.Ft. Com. Dev. 225+ For Sale Units Under Const.225+ For Sale Units Under Const. 220K Sq. Ft. Proposed Fall ‘08220K Sq. Ft. Proposed Fall ‘08 325 & 100-Seat Theaters325 & 100-Seat Theaters Improved Park/Streetscape Improved Park/Streetscape Rail and Bus ServiceRail and Bus Service New BusinessesNew Businesses $120M+ Tax Base Expansion$120M+ Tax Base Expansion