REGIONAL COMMERCIAL/ Potential Neighborhood …live, work, and play here.” Louisville, KY Detroit,...

of 2/2
600 West/Olio Road 800 North 900 North ATTACHED RESIDENTIAL REGIONAL COMMERCIAL/ POTENTIAL BOX 22 ACRE SITE WITH ALL UTILITIES 32 ACRE SITE WITH ALL UTILITIES MEDICAL OFFICE OR OTHER PROFESSIONAL OFFICE USES VEHICLES TRAVELED EXCEEDS 10,000 AVERAGE DAILY TRIPS RETAIL/RESTAURANT HANCOCK REGIONAL MEDICAL CENTER HANCOCK REGIONAL WELLNESS CENTER 85 ACRE SITE WITH MOST UTILITIES 600 West/Olio Road 900 North 800 North Neighborhood Commercial Medical Office Mixed-Use 3 2 1 Potential Neighborhood Commercial, and Grocery Uses. 30 Acre Site, One Owner, All Utilities Available. Existing Medical Office and Wellness Uses. Potential Medical Office or Office uses in a Vibrant Neighborhood. 60 Acre Site, Multiple Owners, All Utilities Available. Potential Attached Residential Uses. 23 Acre Site, One Owner, All Utilities Available. 3 2 1 POTENTIAL DEVELOPMENT STRATEGY TIF FUTURE LAND USE LEGEND Illustrative Site Plan of one potential concept focused on core development opportunities. DEVELOPABLE SITES 0.00% 2.00% 4.00% 6.00% 8.00% 10.00% Population Percent Change McCordsville Indiana Carmel Fishers Noblesville Zionsville 0.00% 20.00% 40.00% 60.00% 80.00% McCordsville Indiana Carmel Fishers Noblesville Zionsville $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 McCordsville Indiana Carmel Fishers Noblesville Zionsville $0 $20,000 $40,000 $60,000 $80,000 $100,000 $120,000 McCordsville Indiana Carmel Fishers Noblesville Zionsville 0.00 0.05 0.10 0.15 0.20 0.25 0.30 0.35 0.40 0.45 McCordsville Indiana Carmel Fishers Noblesville Zionsville 0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% 70.00% 80.00% 90.00% McCordsville Indiana Carmel Fishers Noblesville Zionsville Population Percent Change 2010-2013 Median Household Income 2009-2013 Median Value of Owner Occupied Housing 2009-2013 Bachelor Degree or Higher (age 25+) 2009-2013 Homeownership Rate 2009-2013 Housing Value Median Housing Value/Median Household Income 2009-2013 COMMUNITY SNAPSHOT Contact Town Hall For Utility Availability • Ninestar Connect (100 Gig Ethernet Service) • IPL and Ninestar Connect (Electricity) • Citizens Energy (Water and Gas) • McCordsville (Sewer and Stormwater)
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Transcript of REGIONAL COMMERCIAL/ Potential Neighborhood …live, work, and play here.” Louisville, KY Detroit,...

  • 600

    Wes

    t/O

    lio

    Roa

    d

    800 North

    900 North

    ATTACHED RESIDENTIAL

    REGIONAL COMMERCIAL/ POTENTIAL BOX

    22 ACRE SITE WITH ALL UTILITIES

    32 ACRE SITE WITH ALL UTILITIES

    MEDICAL OFFICE OR OTHER PROFESSIONAL

    OFFICE USES

    VEHICLES TRAVELED EXCEEDS 10,000

    AVERAGE DAILY TRIPS

    RETAIL/RESTAURANT

    HANCOCK REGIONAL MEDICAL CENTER

    HANCOCK REGIONAL WELLNESS CENTER

    85 ACRE SITE WITH MOST UTILITIES

    600

    Wes

    t/O

    lio R

    oad

    900 North

    800 North

    Neighborhood Commercial

    Medical Office

    Mixed-Use

    3

    2

    1

    Potential Neighborhood Commercial, and Grocery Uses.30 Acre Site, One Owner, All Utilities Available.

    Existing Medical Office and Wellness Uses. Potential Medical Office or Office uses in a Vibrant Neighborhood.60 Acre Site, Multiple Owners, All Utilities Available.

    Potential Attached Residential Uses. 23 Acre Site, One Owner, All Utilities Available.

    3

    2

    1

    POTENTIAL DEVELOPMENT STRATEGY TIF FUTURE LAND USE

    LEGEND

    Illustrative Site Plan of one potential concept focused on core development opportunities.

    DEVELOPABLE SITES

    0.00%

    2.00%

    4.00%

    6.00%

    8.00%

    10.00%

    Population Percent Change2010-2013

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    0.00%

    20.00%

    40.00%

    60.00%

    80.00%

    Bachelor's Degree or higher Age 25+ 2009-13

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    0.00%

    10.00%

    20.00%

    30.00%

    40.00%

    50.00%

    60.00%

    70.00%

    80.00%

    90.00%

    Homeownership Rate 2009-2013

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    $0$50,000

    $100,000$150,000$200,000$250,000$300,000$350,000$400,000

    Median Value of Owner-occupied Housing 2009-2013

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    $0

    $20,000

    $40,000

    $60,000

    $80,000

    $100,000

    $120,000

    Median Household Income 2009-2013

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville0.00

    0.05

    0.10

    0.15

    0.20

    0.25

    0.30

    0.35

    0.40

    0.45

    0.50

    Housing Value Ratio MHI:MHV

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    Source: US Census & RATIO

    0.00%

    2.00%

    4.00%

    6.00%

    8.00%

    10.00%

    Population Percent Change2010-2013

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    0.00%

    20.00%

    40.00%

    60.00%

    80.00%

    Bachelor's Degree or higher Age 25+ 2009-13

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    0.00%

    10.00%

    20.00%

    30.00%

    40.00%

    50.00%

    60.00%

    70.00%

    80.00%

    90.00%

    Homeownership Rate 2009-2013

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    $0$50,000

    $100,000$150,000$200,000$250,000$300,000$350,000$400,000

    Median Value of Owner-occupied Housing 2009-2013

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    $0

    $20,000

    $40,000

    $60,000

    $80,000

    $100,000

    $120,000

    Median Household Income 2009-2013

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville0.00

    0.05

    0.10

    0.15

    0.20

    0.25

    0.30

    0.35

    0.40

    0.45

    0.50

    Housing Value Ratio MHI:MHV

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    Source: US Census & RATIO

    0.00%

    2.00%

    4.00%

    6.00%

    8.00%

    10.00%

    Population Percent Change2010-2013

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    0.00%

    20.00%

    40.00%

    60.00%

    80.00%

    Bachelor's Degree or higher Age 25+ 2009-13

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    0.00%

    10.00%

    20.00%

    30.00%

    40.00%

    50.00%

    60.00%

    70.00%

    80.00%

    90.00%

    Homeownership Rate 2009-2013

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    $0$50,000

    $100,000$150,000$200,000$250,000$300,000$350,000$400,000

    Median Value of Owner-occupied Housing 2009-2013

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    $0

    $20,000

    $40,000

    $60,000

    $80,000

    $100,000

    $120,000

    Median Household Income 2009-2013

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville0.00

    0.05

    0.10

    0.15

    0.20

    0.25

    0.30

    0.35

    0.40

    0.45

    0.50

    Housing Value Ratio MHI:MHV

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    Source: US Census & RATIO

    0.00%

    2.00%

    4.00%

    6.00%

    8.00%

    10.00%

    Population Percent Change2010-2013

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    0.00%

    20.00%

    40.00%

    60.00%

    80.00%

    Bachelor's Degree or higher Age 25+ 2009-13

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    0.00%

    10.00%

    20.00%

    30.00%

    40.00%

    50.00%

    60.00%

    70.00%

    80.00%

    90.00%

    Homeownership Rate 2009-2013

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    $0$50,000

    $100,000$150,000$200,000$250,000$300,000$350,000$400,000

    Median Value of Owner-occupied Housing 2009-2013

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    $0

    $20,000

    $40,000

    $60,000

    $80,000

    $100,000

    $120,000

    Median Household Income 2009-2013

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville0.00

    0.05

    0.10

    0.15

    0.20

    0.25

    0.30

    0.35

    0.40

    0.45

    0.50

    Housing Value Ratio MHI:MHV

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    Source: US Census & RATIO

    0.00%

    2.00%

    4.00%

    6.00%

    8.00%

    10.00%

    Population Percent Change2010-2013

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    0.00%

    20.00%

    40.00%

    60.00%

    80.00%

    Bachelor's Degree or higher Age 25+ 2009-13

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    0.00%

    10.00%

    20.00%

    30.00%

    40.00%

    50.00%

    60.00%

    70.00%

    80.00%

    90.00%

    Homeownership Rate 2009-2013

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    $0$50,000

    $100,000$150,000$200,000$250,000$300,000$350,000$400,000

    Median Value of Owner-occupied Housing 2009-2013

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    $0

    $20,000

    $40,000

    $60,000

    $80,000

    $100,000

    $120,000

    Median Household Income 2009-2013

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville0.00

    0.05

    0.10

    0.15

    0.20

    0.25

    0.30

    0.35

    0.40

    0.45

    0.50

    Housing Value Ratio MHI:MHV

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    Source: US Census & RATIO

    0.00%

    2.00%

    4.00%

    6.00%

    8.00%

    10.00%

    Population Percent Change2010-2013

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    0.00%

    20.00%

    40.00%

    60.00%

    80.00%

    Bachelor's Degree or higher Age 25+ 2009-13

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    0.00%

    10.00%

    20.00%

    30.00%

    40.00%

    50.00%

    60.00%

    70.00%

    80.00%

    90.00%

    Homeownership Rate 2009-2013

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    $0$50,000

    $100,000$150,000$200,000$250,000$300,000$350,000$400,000

    Median Value of Owner-occupied Housing 2009-2013

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    $0

    $20,000

    $40,000

    $60,000

    $80,000

    $100,000

    $120,000

    Median Household Income 2009-2013

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville0.00

    0.05

    0.10

    0.15

    0.20

    0.25

    0.30

    0.35

    0.40

    0.45

    0.50

    Housing Value Ratio MHI:MHV

    McCordsville Indiana Carmel

    Fishers Noblesville Zionsville

    Source: US Census & RATIO

    Population Percent Change2010-2013

    Median Household Income2009-2013

    Median Value of Owner Occupied Housing2009-2013

    Bachelor Degree or Higher (age 25+)2009-2013

    Homeownership Rate 2009-2013

    Housing ValueMedian Housing Value/Median Household Income

    2009-2013

    COMMUNITY SNAPSHOT

    Contact Town Hall For Utility Availability• Ninestar Connect (100 Gig Ethernet Service)• IPL and Ninestar Connect (Electricity)• Citizens Energy (Water and Gas)• McCordsville (Sewer and Stormwater)

  • 600

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    900 North

    800 North

    700 North

    600

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    t/O

    lio R

    oad

    Broadw

    ay/Pe

    ndlet

    on Pi

    ke

    600

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    800 North

    900 North

    600

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    800 North

    900 North

    600

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    800 North

    900 North

    TOWN OF MCCORDSVILLE

    For more information on particular development sites and the Brookside TIF contact Redevelopment Commission

    Staff and Town Manager, Tonya Galbraith.

    [email protected]

    www.mccordsville.org6280 W 800 North

    McCordsville, IN 46055

    c o n t e x t & d e m o g r a p h i c s 2 - 1

    m c c o r d s v i l l e p a r k s a n d r e c r e a t i o n m a s t e r p l a n 2 0 1 2 - 2 0 1 6m c c o r d s v i l l e , i n d i a n a

    Regional Context: McCordsville, Indiana is a small town located twenty miles northeast of Indianapolis with a population of nearly 5000 residents. McCordsville is positioned in the northwest corner of Hancock County. The Town of McCordsville has seen much change, even since its incorporation in 1988. The 2010 Census was very important to McCordsville. The Town’s population between 2000 and 2010 grew 323%, one of the greatest population gains (by percentage) in the State, and now the second largest municipality solely within Hancock County. The community faces the challenge of updating its infrastructure to meet the demands of growth, as well as preserving its unique small town character. McCordsville shares characteristics of a rural and suburban community. In looking to the future, the community and its leaders are seeking to preserve those qualities that will draw people to live and work in McCordsville.

    Primary local access to McCordsville is provided by US Highway 36 or by Interstate 70 via County Road 600 West. Situated between Interstate 69 and Interstate 70, the community of McCordsville is closely linked to the greater regional transportation network.

    natural Features and landscape: McCordsville’s characteristically rural and suburban form provides an abundance of opportunities for outdoor recreation. Outdoor recreation, in general, relies heavily upon the natural and environmental features of an area. The characteristics of the natural

    “McCordsville continues to value its small-town character and seeks to preserve its high quality of life that continues to draw people to live, work, and play here.”

    Louisville, KY

    Detroit, MIChicago, IL

    Indianapolis

    St. Louis, MO

    Indianapolis International

    Airport

    Mt. Comfort Airport

    Columbus, OH

    McCordsville

    70

    465

    465

    465

    465 70

    69

    65

    65

    65

    31

    37

    67 31

    67

    74

    Tree Cover

    StreamFloodplain

    Nat

    ural

    Fea

    ture

    s

    LegendStreams

    Floodplain

    FloodplainStream

    Sewer District Boundary

    Corporate Boundary

    Tree Cover

    CR 1000 N

    CR 1000 N

    Fall Creek Rd

    W McCo

    rd Rd

    W 900 N

    W 800 N

    W 750 N

    W 700 N

    W SR 234

    W Broad

    way

    Pendlet

    on Pike

    N 700 WN 700 W

    /N Carol RdN County Line Rd E

    N 700 W/N Carroll Rd

    N 600 WN 600 W

    Mt Comfort Rd

    W 650 N

    W 750 N

    W 600 N

    Franks Ln

    N 700 W

    N 500 W

    N 400 W

    N 400 W

    N 400 W

    Olio Rd/138th St

    W 600 N

    W 500 N

    N 400 W

    N 500 W

    N 475 W

    W 900 N

    36

    67

    0 2,500500 1,000 1,500 2,000

    Feet (approximate)N

    Austin Trace

    Gateway Crossing

    Champion Lake

    Bay Creek Bay Creek

    Emerald Springs

    Deer Crossing

    Bay Creek East

    Villages at Brookside

    Stansbury

    W Broad

    way

    W Broa

    dway

    Highland Springs

    Geist Woods Estates

    Unincorporated Town of

    Woodbury

    Depot Street

    Tree Cover

    StreamFloodplain

    Nat

    ural

    Fea

    ture

    s

    LegendStreams

    Floodplain

    FloodplainStream

    Sewer District Boundary

    Corporate Boundary

    Tree Cover

    CR 1000 N

    CR 1000 N

    Fall Creek Rd

    W McCo

    rd Rd

    W 900 N

    W 800 N

    W 750 N

    W 700 N

    W SR 234

    W Broad

    way

    Pendlet

    on Pike

    N 700 WN 700 W

    /N Carol RdN County Line Rd E

    N 700 W/N Carroll Rd

    N 600 WN 600 W

    Mt Comfort Rd

    W 650 N

    W 750 N

    W 600 N

    Franks Ln

    N 700 W

    N 500 W

    N 400 W

    N 400 W

    N 400 W

    Olio Rd/138th St

    W 600 N

    W 500 N

    N 400 W

    N 500 W

    N 475 W

    W 900 N

    36

    67

    0 2,500500 1,000 1,500 2,000

    Feet (approximate)N

    Austin Trace

    Gateway Crossing

    Champion Lake

    Bay Creek Bay Creek

    Emerald Springs

    Deer Crossing

    Bay Creek East

    Villages at Brookside

    Stansbury

    W Broad

    way

    W Broa

    dway

    Highland Springs

    Geist Woods Estates

    Unincorporated Town of

    Woodbury

    Depot Street

    natural Features

    upDATeD

    REGIONAL LOCATION

    MCCORDSVILLE

    BROOKSIDE TIF District Town of McCordsville, Indiana

    TIF DISTRICT MAP

    6

    Employment Concentrations

    DRAFT for Discussion Purposes Only

    Groceries

    Restaurant/Cafe

    Pub/Brewery/Nightlife

    Other Retail

    CONCENTRATION ZONE

    REGIONAL ATTRACTIVITY

    Dots are indicative of business clusters and not actual individual businesses.

    LEGEND

    LEVEL OF SERVICE OPPORTUNITY

    EMPLOYMENT CONCENTRATIONS

    INDIANAPOLIS

    MCCORDSVILLE

    30-45 MIN

    COMMUTE TIME

    10 MINUTE DRIVE

    MCCORDSVILLE

    INDIANAPOLIS

    REGIONAL AIRPORT

    Commute Times 60 Min