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Downtown Orlando Outlook Plan Amendment Overview

Downtown Orlando Outlook Plan Amendment Overview. Presented to: Community Redevelopment Agency. Downtown Orlando Outlook Plan. The Downtown Outlook Plan (“Plan”)is the guiding document for the CRA

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Downtown Orlando Outlook Plan Amendment Overview

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  1. Downtown Orlando OutlookPlan Amendment Overview Presented to: Community Redevelopment Agency

  2. Downtown Orlando Outlook Plan • The Downtown Outlook Plan (“Plan”)is the guiding document for the CRA • The “Plan” outlines a range of projects/ initiatives that may be undertaken by the CRA to eliminate slum and/or blight conditions • Any project or program a CRA wishes to undertake must be included in the redevelopment “Plan” • Pursuant to 163.387(1), increment revenues are to be used by the CRA to finance or refinance any community redevelopment it undertakes pursuant to the approved Plan.

  3. Downtown Outlook Plan History • 1982 – Downtown Orlando Redevelopment Area Plan • 1990 – Downtown Orlando Redevelopment Area Plan Amendment • 2000 – Downtown Outlook Part I • 2007 – Downtown Outlook Part II (CRA expansion/Citrus Bowl) • 2010 – Downtown Outlook Part III (Proposed amendment)

  4. 1980 Boundary Area

  5. 1982 Boundary Area

  6. 1990 Boundary Area

  7. 2007 Boundary Area

  8. Downtown Orlando Plan Amendment Context • Since the CRA was established, there has been: • Shift to a stronger downtown residential market • Emphasis on the Parramore Community • Emphasis in development of the Community Venues • Completion of numerous studies and reports • Impact on overall economic conditions

  9. Proposed Amendment Overview • The proposed 2010 “Plan” amendment is built upon numerous plans and studies that include the following: • Downtown Orlando 20-Point Strategic Plan, September 2003 • Mayor’s Parramore Task Force Report, June 2004 • Mayor’s Working Committee on Homelessness, Executive Summary, June 2004 • Downtown Orlando Community Venues Plan, November 2006 • Downtown Orlando Transportation Plan, November 2006 • Parramore Town Center Strategic Vision, January 2007 • Downtown Orlando Creative Village Concept Team Report, March 2007 • Downtown Transit Circulator Expansion Study, July 2007 • Ten 2 End: Report of the Central Florida Regional Commission on Homelessness, February 2008 • Downtown Orlando Retail and Entertainment Study, December 2009

  10. Proposed Amendment Overview • Strengthens CRA commitment to the holistic revitalization of the Parramore Community (housing, public safety, parks & open space, mobility, job creation, education, etc.) • Reinforces CRA commitment to Retail Revitalization • Reinforces CRA commitment to Sustainability Initiatives • Enables CRA to provide capital and/or operational funding to the Coalition for the Homeless • Facilitates CRA involvement in the Creative Village project • Strengthens CRA commitment to transit circulator expansion to complement the near future SunRail

  11. Plan Amendment Rationale • Proposed amendment facilitates participation in projects/initiatives deemed appropriate and desirable for the continued redevelopment of the Community Redevelopment Area • Downtown Outlook does not obligate CRA funding [any future participation would require CRA approval] • Downtown Outlook positions CRA to move on projects/initiatives envisioned for the next decade

  12. Downtown Outlook Part III ProcessSection 163.361 defines a process for amending the redevelopment plan • CRA Advisory Board forwards Plan Amendment to CRA • CRA “accepts” Plan Amendment and forwards to LPA/MPB • LPA/MPB reviews proposed Plan Amendment for conformity with Comprehensive Plan/Growth Management Plan • Notification provided to taxing authorities and public

  13. Downtown Outlook Part III Process • CRA meets to review comments received from MPB and taxing authorities then considers approval & submits to City Council with any recommended changes • City Council receives Plan Amendment from CRA, holds hearing on Plan Amendment & considers approval of Plan Amendment • City Council Adopts Plan Amendment by Resolution • City Council First reading of ordinance amending trust fund ordinance and Public Hearing • City Council Second reading and final approval/adoption of ordinance amending trust fund ordinance

  14. Downtown Outlook Plan Amendment Conclusion • Outlook III looks ahead 10+ years. • Strategically positions CRA to continue sustainable growth/development and elimination of slum and blight. • Facilitates CRA investment into programs/initiatives vital to job retention/creation (i.e., retail growth, educational assets, mobility and social services). • FRA considers Downtown Orlando CRA to be a state leader….Outlook III allows continued success.

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