1. INTRODUCTION

8. LAND USE | SITE PLAN

9. TREATMENT OF HISTORICAL PROPERTIES

11. EFP Recommended NRHS Sites B&T Metals 425 W. Town Street Grubb Street Row Houses 245-251 S. Grubb Street Engine House No. 6 425 W. Town St Ruby Chemical Building 68-70 McDowell Street Holy Family School 57 Grubb Street

12. EFRG IDENTIFIED SITES

13. STATE STREET MCDOWELL STREET SITE ACQUISITION $775,000 REHAB COSTS $2,276,522 PARKING $156,522 LANDSCAPE $25,500 total hard costs $3,233,544 total soft costs $611,854 total costs $3,845,398 ($102.54 per square foot) total revenue $4,224,000 PROFIT $378,602 Rate of Return 9.84557% 52 units 700-750 square feet $77,000 - $87,000 ($112.64 per square foot) 52 units 1 acre 52 D.U. / ACRE REHABILITATION – Warehouse Lofts

14. OPEN SPACE AND WALKABILITY

16. 0.25 mile radius 0.25 mile radius EAST FRANKLINTON IS A WALKABLE, PEDESTRIAN-CENTERED NEIGHBORHOOD.

17. .25 mile radius 1 mile radius 50,000 + jobs WALKABLE NEIGHBORHOOD CONCEPT...

18. EAST FRANKLINTON IS WALKABLE, DOG FRIENDLY…AND SAFE!

19. A GREEN NEIGHBORHOOD

20. THE GREEN SPINE

21. FOUNDERS PARK

22. ECONOMIC FEASIBILITY | THE GREEN SPINE land cost Lots with Buildings $2,701,100 hard cost Building Demo $517,800 Roadway Demo $288,950 Drainage $77,220 Pavement $192,450 Lighting $175,000 Traffic Control $15,833 Landscape $243,339 Misc. $145,000 soft costs Design Services $413,900 Engineering Services $310,430 Environmental Services $41,390 Construction Inspection $206,950 Acquisition Services $153,000 total $5,482,362

23. ECONOMIC FEASIBILITY | FOUNDERS PARK land cost Lots with Buildings $685,300 hard cost Building Demo $94,220 Roadway Demo $430,173 Drainage $270,000 Pavement $90,900 Lighting $52,500 Traffic Control $2,500 Landscape $464,750 Misc. $25,000 soft costs Design Services $357,510 Engineering Services $268,133 Environmental Services $35,751 Construction Inspection $178,755 Acquisition Services $156,000 total $3,088,992

24. NEIGHBORHOOD MIX

25. BROAD STREET CORRIDOR | FIVE–MINUTE WALK

26. BROAD STREET WHAT ARE GOOD EXAMPLES OF A NEIGHBORHOOD “ MAIN STREET ” ?

27. THE SHORT NORTH EAST FRANKLINTON BROAD STREET PRECEDENTS

28. THE SHORT NORTH EAST FRANKLINTON BROAD STREET PRECEDENTS

29. EXISTING BROAD STREET POTENTIAL POTENTIAL

30. BROAD STREET OWNERSHIP

31. EAST FRANKLINTON RESIDENTIAL THERE ARE 531 LOW-MODERATE INCOME HOUSING UNITS IN EAST FRANKLINTON TODAY. OUR GOAL: MAINTAIN 531 LOW-MODERATE INCOME HOUSING UNITS. THIS MEANS: WE NEED AT LEAST 2,124 HOUSING UNITS SO THAT 25% CAN BE AFFORDABLE. (15% rental and 10% for sale).

32. EAST FRANKLINTON RESIDENTIAL | 2,124 HOUSING UNITS DWELLINGS NECESSARY TO SUPPORT RETAIL RETAIL TYPE EXAMPLE DWELLING UNITS corner store fast food or deli 1,000 (1,000-3,000 sq. ft.) convenience center CVS or Walgreens 2,000 (10,000-30,000 sq. ft.) neighborhood center Grocery Store 6,000 (60,000-80,000 sq. ft.) source: sustainable urbanism by douglas farr

33. EAST FRANKLINTON RESIDENTIAL | 2,124 HOUSING UNITS DENSITY EAST FRANKLINTON IS APPROXIMATELY 140 ACRES desired # of units units per acre average height 500 units 3.5 units per acre 1-story 1,000 units 7 units per acre 1-2 stories 2,000 units 14 units per acres 2-3 stories 4,000 units 28 units per acre 3-stories 6,000 units 42 units per acre 4-5 stories source: sustainable urbanism by douglas farr

34. CREATING A MARKET

36. THE ART LOOP AND LIVE/WORK

37. LIVE/WORK UNIT CONCEPT

38. TOWNHOUSE LIVE/WORK EAST FRANKLINTON | ECONOMIC FEASIBILITY

39. RICH STREET SITE ACQUISITION $160,300 SITE WORK + DEMO $89,850 BUILDING COSTS $960,000 PARKING $120,000 LANDSCAPE $16,000 total hard costs $1,346,150 total soft costs $253,287 total costs $1,599,437 ($133.29 per square foot) total revenue $1,756,000 PROFIT $156,563 Rate of Return 9.7886% 10 units 1,200 square feet $174,000 - $176,000 ($146.33 per square foot) 10 units 0.5 acre 20 D.U. / ACRE TOWNHOUSE LIVE/WORK

40. THE ART LOOP | FIVE–MINUTE WALK

41. THE ART LOOP | ART DISPLAYS

42. T H E A R T L O O P - f i v e – m i n u t e w a l k

43. T H E A R T L O O P - f i v e – m i n u t e w a l k

46. LEVERAGING THE MARKET

47. MEDIUM DENSITY RESIDENTIAL

48. Local Examples Carlyle’s Watch 225 North Fourth FUTURE OPPORTUNITIES | MEDIUM–DENSITY RESIDENTIAL

50. RICH STREET SITE ACQUISITION $239,600 SITE WORK + DEMO $204,900 BUILDING COSTS $5,323,200 PARKING $650,000 LANDSCAPE $17,000 total hard costs $6,434,700 total soft costs $1,249,937 total costs $7,684,637 ($137.22 per square foot) total revenue $8,500,000 PROFIT $815,364 Rate of Return 10.6103% 60 units 800 - 1,200 square feet $120,000 - $185,000 ($151.79 per square foot) 60 units 1 acre 60 D.U. / ACRE MCDOWELL STREET MEDIUM–DENSITY RESIDENTIAL

51. RICH STREET MCDOWELL STREET MEDIUM–DENSITY RESIDENTIAL

52. HIGH–DENSITY MIXED–USE

53. Phasing Strategies FUTURE OPPORTUNITIES | HIGH–DENSITY MIXED–USE

54. RICH STREET MCDOWELL STREET PHASE 1 resident relocation 96 units PHASE 2 site preparation PHASE 3 stacked townhouse residential 130 units - 25% (33 units) affordable corner retail 11,000 square feet PHASE 4 townhouse residential 9 units mid-rise residential 60 units parking garage 225 spaces 25% (17 units) affordable PHASE 5 townhouse residential 9 units 2 mid-rise residential 208 units parking garage 498 spaces 25% (54 units) affordable 96 units lost 104 affordable units created 416 total units 6 acres 69 D.U. / acres HIGH–DENSITY MIXED–USE

55. RICH STREET MCDOWELL STREET PHASE 1 resident relocation 96 units PHASE 2 site preparation PHASE 3 stacked townhouse residential 130 units - 25% (33 units) affordable corner retail 11,000 square feet PHASE 4 townhouse residential 9 units mid-rise residential 60 units parking garage 225 spaces 25% (17 units) affordable PHASE 5 townhouse residential 9 units 2 mid-rise residential 208 units parking garage 498 spaces 25% (54 units) affordable 96 units lost 104 affordable units created 416 total units 6 acres 69 D.U. / acres HIGH–DENSITY MIXED–USE

57. FUTURE OPPORTUNITIES | RIVERFRONT RESIDENTIAL

59. FUTURE OPPORTUNITIES | GROCERY RETAIL

60. FUTURE OPPORTUNITIES | CONNECTIONS

61. CONCLUSION

64. SHORT TERM IMPLEMENTATION STRATEGIES

70. LONG TERM IMPLEMENTATION STRATEGIES