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Staff: Commercial Corridor revitalization study near final; rezoning and incentives could follow
Summary
City staff said the Commercial Corridor Revitalization Study Phase 2 deliverable is imminent and outlined next steps that could include zoning, form-based code, density changes and possible tax-increment financing; staff also notified the commission of upcoming rezoning requests including a large parcel at Gateway Boulevard.
Fredericksburg — City staff told the Planning Commission that the Commercial Corridor Revitalization Study Phase 2 is nearly complete and that the city could pursue zoning revisions, incentives or tax-increment financing as part of implementation.
Mr. Crump said the city “should be getting the final deliverable from the consultants very soon, within the next week or two,” and that staff expect to present findings to elected officials and stakeholders in a joint session with city council and possibly the Economic Development Authority this summer.
Staff outlined potential implementation tools the study may recommend, including form-based code changes, zoning (density) changes, incentives and the creation of a tax increment financing (TIF) district. Crump said early outreach will likely focus on property owners and key stakeholders in the commercial corridor before broader public meetings are scheduled.
Planning Director Mr. Craig reported that city council recently moved forward on the rezoning of the Eagle Village Shopping Center on First Street; he also alerted commissioners that a rezoning application for a large parcel at 1500 Gateway Boulevard (about 80 acres behind the Wendy’s) — where a data-center proposal has been discussed — will come to the planning commission at its May 28 meeting for initial consideration.
Commissioners asked about the number and format of public meetings and whether the EDA should be engaged; staff said that will be refined after staff and council review of the study findings. Crump said the city may schedule stakeholder meetings in summer and begin implementation actions later this year, subject to council direction and any additional public input.
No formal zoning actions were taken by the Planning Commission at the May 14 meeting; the items noted are study updates and notices of forthcoming applications.
