Author Topic: Could Offering Free Public Property Spur Redevelopment?  (Read 233 times)

Tacachale

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Could Offering Free Public Property Spur Redevelopment?
« on: May 15, 2019, 08:59:59 AM »


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Already aggressively adding infill housing in LaVilla and Brooklyn, the Vestcor Companies have announced plans for a 70-unit townhouse development in LaVilla. However, there's a catch. The developer is asking the City of Jacksonville to donate three publicly owned blocks for free. Here is why this may not be a bad idea if applied on a much larger and inclusive scale.


Read more: https://www.thejaxsonmag.com/article/could-offering-free-public-property-spur-redevelopment/
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Steve

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Re: Could Offering Free Public Property Spur Redevelopment?
« Reply #1 on: May 15, 2019, 09:29:21 AM »
I'd usually prefer to go the formal RFP route, but let's have a realistic view of what the property is worth. Excellent point on the Broad Street Building, as they should have taken one of the offers, with the condition that they have to complete work by "X" time or either come back and explain why it took too long, or turn the property back over to the city.

Obviously you'd have to formalize it much more but that's the concept. It does no good for the city to own the property

Lostwave

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Re: Could Offering Free Public Property Spur Redevelopment?
« Reply #2 on: May 15, 2019, 09:58:28 AM »

Already aggressively adding infill housing in LaVilla and Brooklyn, the Vestcor Companies have announced plans for a 70-unit townhouse development in LaVilla. However, there's a catch. The developer is asking the City of Jacksonville to donate three publicly owned blocks for free. Here is why this may not be a bad idea if applied on a much larger and inclusive scale.

It would be a good idea if there are strict rules on what can be built.  I.e. it must be Urban, and have good walk-ability.  This is downtown and should not be town houses.  There should not be a full block CVS with surface parking.  There should be residential above retail like any good downtown.  The photo shown above is exactly the opposite of what we need downtown... just more blocks with no reason to walk on them unless you live on that block.  This is what needs to be built in southside, not downtown.

Steve

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Re: Could Offering Free Public Property Spur Redevelopment?
« Reply #3 on: May 15, 2019, 10:09:06 AM »
Not sure I agree in LaVilla. Historically it was a lot of residential. Plus, there are a number of urban areas where townhomes are built. An example is much of the Upper West Side of Manhattan.