Draft plan lays out RFPs, incentives and code changes to implement City Center vision
Summary
The consultant recommended objectives including site assembly, issuing RFPs for catalytic redevelopment, establishing redevelopment incentives and CRA financing, amending the Form-Based Code, and preparing an annual implementation report to track progress toward the City Center vision.
The presentation identified a sequence of implementation actions the city could use to realize the preferred scenario: partner with property owners to assemble redevelopment sites, prepare and issue RFPs for catalytic sites, identify and establish redevelopment incentives, use CRA funding and public-private partnerships, and amend the Form-Based Code to align regulations with the plan.
Slides also recommended establishing a nonprofit City Center organization to program and manage public spaces, coordinating with UDOT and UTA on multimodal corridors, pursuing LIHTC and other housing funds for affordable housing, and incorporating priority projects into the City’s Capital Improvements Program with an annual implementation report to track progress and funding awards.
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