2. District 1
Riverside Drive North
Downtown
District 7
WNC Nature
District 2 Center/Azalea Park
River Arts District
District 6
District 5
Swannanoa River East
District 3 Swannanoa
French Broad District 4 River West
River Recreation Meadows Road
Biltmore Estate
3.
4. The Wilma Dykeman RiverWay and
Urban Plan
Road Costs
~2 million a mile, 17 miles @ 2 million = ~$34 million (Can be
paid for with state and federal highway funds)
Tax Base - Current
(Northern City Limits to Fairview Road, exclusive of Sayles Bleachery)
Current tax value of land $17 million
Current tax value of improvements (buildings)
$11 million = $28 million
Tax Base Enhancement Estimated
(Northern City Limits to Fairview Road, exclusive of Sayles Bleachery)
Estimated single story redevelopment = $106 million
Estimated Mixed Use vertical redevelopment in accordance
with plan = $214 million
5. ECONOMIC DEVELOPMENT IN THE
WILMA DYKEMAN RIVERWAY
Lighting Brush Fires in the RiverWay
• Recreation
• Arts and Crafts
• Wellness
6. ECONOMIC IMPACT RECREATION
• Tourism $16.5 billion industry
• 49 million visitors primarily for natural resources
• Fishing – commercial and recreations $1 billion
• Paddle Sports 100 million dollars
• Sixty million Americans (18 years and older) bicycle each year.
• Bicycling contributes $133 billion to the U.S. economy
• Supports nearly 1.1 million jobs across the U.S.
• Generates 17.7 billion in annual federal and state tax revenue
• Produces 53.1 billion annually in retail sales and services
• $6.2 billion in bicycling gear sales and services
• $46.9 billion in bicycling trip-related expenditures
• Provides sustainable growth in rural communities
• $4.3 billion 3.4 million participants