|
Implementation Roles and Players |
| |
Leadership |
Partnership |
Facilitate |
Public Improvements |
Funding |
Incentives |
Pre-Development |
Development |
|
| City of Wichita |
x |
x |
x |
x |
x |
x |
x |
|
|
| Sedgwick County |
|
x |
|
x |
x |
x |
|
|
|
| State of Kansas |
|
x |
|
x |
x |
x |
|
|
|
| C.O.R.E. |
x |
x |
x |
|
x |
|
x |
|
|
| Via Christi |
x |
x |
x |
|
x |
|
x |
|
|
| Private Sector |
|
x |
|
|
x |
|
|
x |
|
| Not-for-Profits |
x |
x |
x |
|
x |
|
x |
x |
|
| Other |
|
|
|
|
x |
|
|
|
|
Members of this Development Corporation must agree on the following two objectives for their work:
-
To develop a residential neighborhood, and
-
To support Via Christi, a major stakeholder, landholder and employer in the neighborhood.
Both the neighborhood/churches and the hospital are critical drivers of the future of this area. As such, it is important that the composition of the board of the Development Corporation consist of broad representation from both groups. Establishing a structure for decision-making and conflict resolution will be an important part of the creation of the Development Corporation. The preliminary sets of goals listed below were discussed with the hospital and C.O.R.E. members and should be revised as necessary to serve as a benchmark for more detailed planning and project implementation. These goals are by no means mutually exclusive and, in fact, share a good deal of similarities. If these goals are kept in mind, a commonality of purpose will remain evident.
Neighborhood Goals
- Substantial new residential neighborhood.
- Neighborhood stabilization.
- Moderately dense (or urban) built environment and character.
- Attractive and safe streets.
- Employment and residential opportunities.
|
Via Christi Goals
- Economic and efficient use of landholdings.
- Gateway presence in community.
- Room for expansion within context of dynamic healthcare industry.
- Safe and convenient parking.
- Attractive environment for employees and patients.
|
Prepare Financing Strategies - Market research completed during the planning process indicated that there is a market for housing starting in the $250-$400/month range. Yet, preliminary cost estimates (see the Cost Estimates table on page 51) also prepared during the process suggested that new units in the area could be cost $60,000-$90,000 with some running as high as $112,000. The difference between what people can afford and what can be built indicates that there will need to be funding tools to fill that gap and make initial phases of the redevelopment financially viable. Not all units will require gap financing, however, because the City and C.O.R.E. are trying to foster a mixed-income neighborhood.