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Consultation has concluded
The McCaslin Parcel O Redevelopment Study is a City of Louisville led process to identify the opportunities for the McCaslin commercial area that will encourage retail vibrancy, commercial health, and a desirable place for the community to gather. Ensuring a vibrant retail corridor is vital to the long term fiscal health of the City. A thoughtful mix of real estate options that fosters quality long-term tenants and encourages residents and visitors to enjoy the area is necessary for the area to remain viable.
The McCaslin Parcel O Redevelopment Study is a City of Louisville led process to identify the opportunities for the McCaslin commercial area that will encourage retail vibrancy, commercial health, and a desirable place for the community to gather. Ensuring a vibrant retail corridor is vital to the long term fiscal health of the City. A thoughtful mix of real estate options that fosters quality long-term tenants and encourages residents and visitors to enjoy the area is necessary for the area to remain viable.
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McCaslin Parcel "O" - Site Uses and Opportunities - What do you think?
Consultation has concluded
Process
Let's get going!
McCaslin Parcel O Redevelopment Study has finished this stage
We are just beginning the project and looking forward to engaging with all of you. Early - Mid August
Let's see what market possibilities are?
McCaslin Parcel O Redevelopment Study has finished this stage
Our team is hard at work reviewing the Louisville market to identify and analyze what the realm of opportunities are.
Mid August - Mid October
Let's see what Parcel O's opportunities and constraints are?
McCaslin Parcel O Redevelopment Study has finished this stage
Now we will be reviewing our current regulations and analyzing what needs to be improved.
Early September - Mid October
It's time to chat!
McCaslin Parcel O Redevelopment Study has finished this stage
We now enter the community engagement phase, let's all come together as a community and create a vision for the future. Mid August - Mid November
It's drafting time!
McCaslin Parcel O Redevelopment Study has finished this stage
Now that there is a shared vision, our team will get to work on a few redevelopment scenarios that reflect what we want as a community. Early October - Early November
Here's our findings!
McCaslin Parcel O Redevelopment Study is currently at this stage
All the great work is over and now we get a chance to present our findings and recommendation. December
City Council Goals for This Study
City Council Goals
Understand the McCaslin area’s potential for retail and commercial development and supportive uses that could foster new investment and development
Review the rules and regulations upon properties in the area that may be limiting its full potential for redevelopment
Understand and incorporate the property owner’s, tenant’s, and public’s input into development and redevelopment options for the area
Evaluate various development scenarios, that focus on retail and commercial uses with possible residential development only as a secondary use, that meet market potential and provide exceptional fiscal benefits for the City by meeting or exceeding past tax revenue performance for the area
Provide recommendations for regulatory changes or other actions that could create more certainty for the development community that encourages redevelopment
Principles to be Incorporated
Understand market trends and market supported development scenarios that ensure the corridor continues to serve as the City’s primary retail sales tax base
Identify and evaluate development restrictions and regulatory and policy barriers to redevelopment and investment in the corridor
Ensure sustainable long-term fiscal balance and economic development of the McCaslin corridor
Reflect residents’ desired community character for the corridor in evaluation of development scenarios and study recommendations