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R2026-68 Resolution Adopting the Economic & Community Development 2026-2029 Revitalization Plan
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R2026-68 Resolution Adopting the Economic & Community Development 2026-2029 Revitalization Plan
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4/24/2026 2:27:46 PM
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4/24/2026 2:27:44 PM
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Resolution/Ordinance
Res Ord Num
R2026-68
Res Ord Title
R2026-68 Resolution Adopting the Economic & Community Development 2026-2029 Revitalization Plan
Department
Econ and Com Dev
Approved Date
4/6/2026
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Priority 6 <br /> Corridor <br /> Revitalization <br /> Strategic Objectives <br /> Focused Corridors: Focus redevelopment © State Partnerships: Work with IDOT to <br /> along US 51 North and South, Route 36 improve safety and traffic flow, while adding <br /> East and West, and Brush College Road, bike paths, expanded green space, and <br /> where strong traffic counts create new pedestrian-friendly design. <br /> opportunities for business growth. <br /> © Enhanced Infrastructure: Implement <br /> decorative lighting, sidewalk ramps, ADA- <br /> Repurpose and Align: Repurpose accessible improvements, and a new bike <br /> underutilized and vacant properties to trail along the east side of Water Street. <br /> attract new commercial activity and reduce <br /> blight, and align business incentives with © Utilize Incentive Programs: Promote <br /> neighborhood reinvestment, ensuring incentive programs, such as the <br /> corridor development supports adjacent Opportunity Zone, Enterprise Zone, and TIF <br /> housing stability and revitalization. Districts when applicable. <br /> Ee Three-Year Outcomes <br /> O Establish a clear framework and 0 Leverage at least$20 million in state and <br /> private investment into corridor <br /> marketing strategy for Opportunity Zone <br /> improvements, anchored by the IDOT-led <br /> projects, resulting in at least one qualified <br /> US 51 redesign. <br /> equity investment. <br /> OAmong the 50 businesses receiving O Deliver new pedestrian and bike <br /> support, have 15 be in the target infrastructure on the US 51 Corridor and <br /> corridors. Water Street, creating safer and more <br /> connected neighborhoods through IDOT <br /> OComplete at least one infrastructure partnership. <br /> project in MLK corridor. <br /> 12 <br />
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