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1386.3 <br />ATTACHMENT 1 <br />CITY OF ORONO <br />REDEVELOPMENT STRATEGY <br />Potential Goals - The following represent potential goals that <br />may be appropriate for any development or community or <br />redevelopment_ in Orono. <br />- Improvement of the economic viability of existing <br />commercial retail areas. <br />- Provide for the overall economic expansion in the <br />community resulting in improvement of existing areas. <br />- Attraction of desirable business or quasi public <br />institutions that the City deems desirable. <br />- Improvement in the quality and range of opportunities <br />for housing in the community. <br />STRATEGIES <br />The following represents the strateg;; issues that need to be <br />discussed relating to direction the City will undertake on this <br />issue. <br />A. LEVEL OF INVOLVEMENT - In -iddition to perhaps an overall goal <br />which may nclude things such as economic rejuvenation, the <br />following represent the level; of involvement that a community <br />may take generally or on a pro ect by project basis. <br />1. Catalyst - The C ty provides the necessary time, <br />leadership and perhaps planning assistance in order that <br />the desired redevelopment happens through strictly <br />private financing. <br />2. `p rade Public Improvements - The City promotes a <br />face lift or an area through the utilization of selected <br />puhlic improvements that will either prompt or dovetail <br />with improvements in the private area. <br />3. Master Area Planning - The City develop a plan to <br />provide for an area's redevelopment <br />4. ^inancin /4 Undertaken External Redevelopment - Under- <br />take the face lift ft of the e p to —facilities together <br />with addition of not only traditional public <br />improvements but also public amenities such as boulevard <br />improvement, trees, benches etc. as found in some of the <br />redevelopments such as Glen Lake area in Minnetonka, <br />50th and Franc, in Edina etc. <br />5. Financin /euildin of Private Facilities - The City <br />��-- bu1Tdin , in the <br />help inaic new or replacement private gr <br />area in order to have a significant improvement in the <br />area. These are the types of activities that have <br />generally be found in Minneapolis, St. Paul, Lung Lake <br />ntr <br />