Downtown Revitalization: Salem's Story

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Downtown Revitalization: Salem's Story

  1. 1. MAPC Council Meeting  October 26, 2010 Lynn Duncan, AICP City of Salem, Massachusetts Downtown Revitalization Salem’s Story
  2. 2. Revitalization Strategy <ul><ul><li>Bring housing downtown </li></ul></ul><ul><ul><li>Grow employment base </li></ul></ul><ul><ul><li>Increase cultural tourism </li></ul></ul><ul><ul><li>Expand retail and dining options </li></ul></ul><ul><ul><li>Improve downtown amenities </li></ul></ul><ul><ul><li>Preserve the unique historic character </li></ul></ul>
  3. 3. 1. Bring housing downtown <ul><li>Zoning ordinance changed </li></ul><ul><ul><li>Existing buildings - 1 space per unit - on site or in a facility within 1,000 feet </li></ul></ul><ul><ul><li>New construction - 1.5 spaces required on site </li></ul></ul><ul><li>No spaces required </li></ul><ul><li>for commercial uses </li></ul>
  4. 4. <ul><li>Derby Lofts </li></ul><ul><li>Completed in 2006 </li></ul><ul><li>54 condominiums </li></ul><ul><li>$270,000-$580,000 </li></ul><ul><li>81 parking passes </li></ul><ul><li>15,000 sf retail ($16 psf) </li></ul>
  5. 5. <ul><li>Latitude </li></ul><ul><li>Completed in 2008 </li></ul><ul><li>20 condominiums </li></ul><ul><li>$180,000-$320,000 </li></ul><ul><li>20 parking passes </li></ul><ul><li>3,000 sf retail ($14 psf) </li></ul>
  6. 6. <ul><li>Washington at Derby </li></ul><ul><li>Completed in 2009 </li></ul><ul><li>31 rentals </li></ul><ul><li>$1,500-$2,500 </li></ul><ul><li>36 parking spaces </li></ul><ul><li>7,000 sf restaurant </li></ul>
  7. 7. <ul><li>50 St. Peter </li></ul><ul><li>Completed 2010 </li></ul><ul><li>23 rentals </li></ul><ul><li>On and off site parking </li></ul><ul><li>3,000 sf restaurant </li></ul>
  8. 8. 2. Grow employment base <ul><li>Court and related businesses and customers are critical to downtown market </li></ul><ul><li>Built on land donated by City (former “East Ramp”) </li></ul>
  9. 9. 3. Increase cultural tourism <ul><li>PEM expansion </li></ul><ul><li>supported by City </li></ul><ul><li>Addition constructed on Liberty Street </li></ul>
  10. 10. 4. Expand retail and dining <ul><li>Retail Market Study undertaken. </li></ul><ul><li>Now being implemented </li></ul><ul><li>New businesses continue to </li></ul><ul><li>open in 2010 </li></ul><ul><li>9 restaurants/ cafes </li></ul><ul><li>11 retail shops </li></ul><ul><li>Over 200 new jobs </li></ul>
  11. 11. 5. Improve downtown amenities <ul><li>Essex Street Pedestrian Mall needs redesign </li></ul><ul><li>Joint effort with PEM and Salem Partnership underway </li></ul><ul><li>Applying to Smart Growth Alliance for technical assistance </li></ul><ul><li>Visioning sessions planned </li></ul>
  12. 12. 5. Improve downtown amenities <ul><li>Perceived shortage of parking </li></ul><ul><li>Working Group created </li></ul><ul><li>Comprehensive Parking Study completed </li></ul><ul><li>Implementation begun </li></ul>
  13. 13. Key to Salem’s Success <ul><li>Develop and implement plans </li></ul><ul><li>Leverage unique assets </li></ul><ul><li>Build partnerships </li></ul>
  14. 14. <ul><li>Thank you </li></ul><ul><li>City of Salem, Massachusetts 978 619-5685 lduncan @salem.com www.salem.com </li></ul>

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