Objectives

Redevelopment Commission Objectives

1) Eliminate blighting, deteriorated and deteriorating areas.

2) Eliminate blighting, deteriorated and deteriorating influences.

3) Maximizing new and existing opportunities for the development that is consistent with adopted plans for the area.

4) Benefit the public health and welfare by stimulating an increase in the property tax base.

5) Benefit the public health and welfare by protecting the economic value of the surrounding
properties.

6) Encourage and stimulate economic
development in the project area.

7) Phase out incompatible structures and land use.

8) Redevelop parcels in accordance with the Speedway Main Street Redevelopment Plan.

9) Encourage redevelopment of the property.

10) Support and stimulate further growth of commercial and industrial uses and other similar uses consistent with the Redevelopment Plan.

11) Develop a Redevelopment Area Design Plan that sets forth the design and development standards for individual projects in the area.