Chapter 5: Future Land Use Plan - East-West Gateway Coordinating ...

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East West Gateway Council of Governments interaction of these points to the circulation and traffic flow along the corridor is a contributing concern. The points of access are not traditional intersections with cross access to both sides of the street with signalized intersections for turning movements. Instead the neighborhood street access points are offset requiring uncontrolled turn movements along the corridor. N A T U R A L B R I D G E R O A D G R E A T S T R E E T S P R O J E C T FUTURE LAND USE PLAN 5.24
Future Development Recommendations East West Gateway Council of Governments Future development recommendations within the secondary study area include the following strategies: • Review and update all existing physical and code conditions • Prepare a revised zoning code document (update) and mapping • Work together with existing stakeholders to plan and implement new development consistent with market demand and available financing • Preparation of a comprehensive plan that responds to future development needs and market trends that optimize highway access and respond to commercial, residential, and industrial potential in the area • Develop access management plans consistent with MoDOT policy • Development of an pedestrian and bicycle plan • Preparation of an implementation plan and finance strategy that responds to stakeholder expectations; market demand; future infrastructure requirements; and financing availability • In order to facilitate new development, the comprehensive plan and implementation plan are among the most important documents to assure new investment and future sustainability of this area. Demographic Conditions Influencing Investor Consideration Demographic conditions are discussed here related specifically to potential funding sources for redevelopment options as they would apply to development projects consistent with a new comprehensive plan. When seeking federal, state, and local financing and statutory development tools, percentage match requirements can apply. Further, the higher the prospect that investment funding can result in jobs for the host community, the more appealing the project will be to funding sources. The Village of Bel‐Ridge is composed of approximately 3,082 individuals housed within 1,288 housing units. Approximately 79.66% of the population is African American. Approximately 5.1 percent of the population consists of people living along 65 years of age or older. This statistic alone may warrant seeking funding for the development of elderly living complexes to provide investment opportunities for the entire village while providing new, safe housing for this sector of the population. This development concept can be INCOME BELOW THE POVERTY LEVEL IN 2007: Village of Bel‐Ridge ‐ 21.2% State of Missouri ‐ 13.0% INCOME BELOW 50% OF POVERTY LEVEL IN 2007: Village of Bel‐Ridge – 12.1% State of Missouri ‐ 5.7% CHILDREN BELOW POVERTY LEVEL IN 2007: Village of Bel‐Ridge – 29.0% State of Missouri ‐ 17.3% POVERTY RATE AMONG HIGH SCHOOL GRADUATES NOT IN FAMILIES: Village of Bel‐Ridge – 23.4% State of Missouri ‐ 18.2% POVERTY RATE AMONG PEOPLE WHO DID NOT GRADUATE HIGH school not in families: Village of Bel‐Ridge – 40.8% State of Missouri ‐ 39.1% RENTING RATE AMONG POOR AND NOT POOR RESIDENTS: Village of Bel‐Ridge – 72.7% State of Missouri ‐ 39.1% N A T U R A L B R I D G E R O A D G R E A T S T R E E T S P R O J E C T FUTURE LAND USE PLAN 5.25
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