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<br /> <br />~ <br />~~) <br /> <br />Downtown La Porle <br /> <br />Opponuniti.. Map <br />~i12009 <br /> <br />Note: TlRZ boundary indudes <br />R-O-W of' <br />. Ma,n Street <br />. Falrmonl Pkwy <br />. San Jacinto Street <br /> <br />. <br /> <br />w-<!- ' <br /> <br />'j(\o) tfd') {l !I)(i <br /> <br /> <br />t~.t.Hlllil;. <br /> <br />o G,~~~~:J <br /> <br />A key link that can be facilitated by tax base value capture will be reinventing San Jacinto <br />Boulevard. Reinventing the street as a safe, inviting pedestrian corridor will bring the <br />emerging trail system to and from Sylvan Beach directly to the Main Street Corridor. The <br />right-of-way of San Jacinto and the predominance of public ownership of adjacent parcels on <br />the west side of the road can accommodate a dedicated trail as part of a reinvented cross- <br />section. <br /> <br />I~-=~~ <br /> <br />EuTI <br /> <br />U~ <br /> <br />The key to value capture to support enhanced street infrastructure and other needed public <br />amenities will be the creation of a de facto master developer environment across multiple <br />parcels controlled by different owners within a given area. This de facto master developer <br />environment is why downtowns create and sustain value over time. The chart below shows <br />the difference between conventional single-use projects and development under value capture <br />environments. <br /> <br /> <br />Forward La Porte Economic Development Strategic Plan I 2009-2013 <br />