Division Corridor Strategy Final Report Division-Corridor-Strategy-Final-Report | Page 70

Opportunity C- Replacement Auto Mall Opportunity D- Restaurant Infi ll
Summary Summary
Opportunity C does not have a specifi c loca on. To
accommodate Opportuni es A and B, Opportunity
C includes a property along Division Street that
could be purchased to become a new pre-owned
car auto mall in which the exis ng small lot tenants
are relocated to new structures and lots. This
concept combines graphic and interes ng archi-
tecture, ligh ng, landscape, and signage within a
mid-century visual theme, and is designed to allow
simple shopping and browsing within a tailored
urban environment. Low impact design could be
incorporated to minimize pavement with elements
such as porous pavements or grass buff er strips that
cars are parked upon. Enabled through the construc on of Opportunity
F’s shared parking garage, Opportunity D includes a
new restaurant site created within the Vandergriff
Plaza facing Center Street, across from Babe’s. It
is assumed it would be developed by owners of
Vandergriff Plaza. This restaurant would have
outdoor dining and present an urban facade to
create stronger cri cal mass in this restaurant zone.
Outdoor dining is a key concept with this restaurant
to provide semi-public spaces that relate to adjacent
pedestrian areas. In addi on, a central valet parking
facility is recommended.
Determined by market condi ons
Implementa on Notes
Project costs would be dependent on market condi-
ons. As the project does not add density within
the Corridor and would not jus fy the likely cost
of land assembly, special fi nancing will be required
to accomplish this project. As such, the City would
coordinate this redevelopment through its brokering
of New Markets Tax Credits and a CDBG Sec on 108
loan (with TIRZ repayment of 108). In order for this
project to happen, a par cular site would need to
be iden fi ed that can accommodate this redevelop-
ment, and exis ng small auto sales businesses would
need to be willing to relocate from Opportunity A
and B sites.
Opportunity C character image
Photo Credit: Panaramio.com
5,500 square feet of restaurant use
Implementa on Notes
Project es mated to be $1M including land assign-
ment, with streetscape as part of the private land-
scaping cost. Financing would be brought through
private investment taking advantage of the recent
comparable developments and business opera ons
in the immediate area. In order for this project to
happen, the site owner would need to support this
concept and the City would need to agree to the
improvements associated with Opportunity E as well
as poten al for lower parking requirements in this
interim period.
Poten al Program Es mate
Poten al Program Es mate
Opportunity D character image
Photo Credit: David Whitcomb
Division Street Corridor Strategy
City of Arlington
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