In Summer 2014, the Downtown Investment Authority (DIA) Board adopted an Business Investment and Development Plan (BID Plan) comprised of an updated Community Redevelopment Area Plan, as well as a Business Investment Strategy and Market Feasibility Study. Combined, the plans and study guide the development and redevelopment of Downtown, create incentive programs, and identify strategic public investment projects.
The DIA is currently working with a consultant to update the current BID Plan for Downtown, which includes the Community Redevelopment Area Plans. This update is in progress and focuses on four major elements:
In addition, the update will include a condensed, highly illustrative version of the Plan that can be distributed to the public and the development community. This “Downtown Master Plan” will graphically illustrate the vision for Downtown and the goals and projects in the Business Investment and Development Plan.
The DIA is currently working with a consultant to update the market feasibility analysis for Downtown. This analysis will provide market demand and expected rental rates and values in each Downtown neighborhood as well as expected growth rates and demographic trends. It will form the basis for incentive program changes in the updated Business Investment and Development Plan.
Tracks and analyzes Downtown’s performance in key indicators of urban revitalization, such as development, employment and residential.
Tracks and analyzes Downtown’s performance in key indicators of urban revitalization, such as development, employment and residential.
The Economic Development Partner Impact Report details the results of the City’s collaborative efforts to strengthen the local economy and increase opportunities for the people of Jacksonville.
Consultant: Rummell/Munz, funded by both the DIA and the Jacksonville Transportation Authority
The LaVilla Heritage Plan includes design plans for the Lift Ev’ry Voice and Sing Park, designed by renowned landscape architect Walter Hood, in the historic LaVilla neighborhood.
Consultant: Tim Haas, contracted by DIA and the Office of Public Parking
Consultants: HR&A, SWA, Haskell Company
Consultants: HR&A, SWA, Haskell Company
Consultant: POND
Consultant: Strategic Advisory Group
Consultant: Urban Land Institute