Division Corridor Strategy Final Report Division-Corridor-Strategy-Final-Report | Page 87

Implementa on of Recommended
Strategies Chapter 380 grants/loans, state and federal grants,
and sponsor-based funding.
A “mul -tool” approach is recommended in which
mul ple strategies, funding sources and partners are
employed in order to collec vely work to achieve
the desired results. A range of strategies may be
appropriate within a given loca on and, therefore,
each possible strategy should be understood and
examined in order to determine where it may be
most appropriately used. Regulatory ac ons, such
as zoning updates, are only some components of
what the City could do to implement the vision.
Financial incen ves, specifi cally those appropriated
by Chapter 380 of the Texas Local Government Code,
should be u lized by the City in order to create
incen ves to a ract desired development. In most
cases, funding could include private funding, City
funds, Tax Increment Reinvestment Zones funds,
Public Improvement Districts, tax abatements, The following implementa on tables are deliberately
brief and targeted. They provide key strategies and
recommenda ons for guidance, future policy devel-
opment and redevelopment ini a ves. This report
should con nuously be examined and referenced
in the future. When making informed decisions
regarding the Division Street Corridor’s direc on, the
Division Street Corridor Strategy report, along with
previous planning documents, should be considered
as a whole. While the implementa on guide
provides specifi c direc on, not all recommenda ons
and possible courses of ac on are contained within
the tables. The most important implementa on
item is to develop the infi ll opportuni es described
as the opportuni es recommenda ons and illus-
trated on the Targeted Development Plan.
DIVISION STREET CORRIDOR STRATEGIES
STRATEGY
Conduct annual review of the
Division Street Corridor Strategy
report
Create development incen ve
packages which support
recommenda ons
Table 4.4 Implementation Items
74
Division Street Corridor Strategy
City of Arlington
KEY RECOMMENDATION(S)
• Schedule and conduct annual review
mee ngs to discuss progress, opportu-
ni es and other poten al ac on items
to help facilitate the Division Street
Corridor redevelopment and improve-
ments
• Include city departments, local organi-
za ons, property and business owners,
developers, the Downtown Arlington
Management Corpora on and other
appropriate par es
• Work with the City’s Economic Develop-
ment Department and the Downtown
Arlington Management Corpora on
to outline development incen ves for
recommended infi ll opportuni es
• Work with the current Business
Improvement District (BID) and
Chamber of Commerce to ensure
Division Street Corridor Strategies are
aligned with the District’s current goals
TARGET
POTENTIAL
TIMELINE/
RESOURCE(S)
PRIORITY
Ongoing,
City staff ,
High Priority NCTCOG, local
organiza ons,
property
owners
2012-2013, City staff ,
High Priority DAMC, property
owners