The Traverse City Downtown Development Authority (DDA) envisions maintaining downtown's small town character while allowing for greater building densities and tax base within the district. The plan provides funds for designated public improvements through the use of Tax Increment Financing (TIF).
1. Protect downtown's small town character.
Our historic buildings, pedestrian scale, tree-lined streets, and special natural and cultural amenities make us unique. No glass towers, widened streets, or ugly contemporary looking parking decks are planned.
2. Enhance the pedestrian experience
We want to retain our pedestrian friendly environment and improve upon it by providing funds for continued sidewalks, trees and brickwork, providing funds funds for pedestrian bridges over the Boardman River in four locations and a pedestrian tunnel under the Grandview Parkway, creating a civic square park for downtown, and eliminating the experience of walking by parking lots by encouraging in-fill development.
3. Make better use of land
Much of downtown is now used for storing cars. The plan provides for funding to build up to four parking structures over the next thirty years in order to condense the parking into less space. This allows for re-development of land currently in asphalt. In order to combat sprawl, we need to provide space for businesses wanting to locate downtown without tearing down existing buildings to create more surface parking. This effort will provide for a stronger downtown: more activity, more pleasant spaces for pedestrians, and greater tax base. We may never see all of the development necessary for the parking, and therefore we may not ever build all the decks, but the plan provides ideas for where and how these decks can be built with retail and office surrounding them to protect the character of downtown.
4. Maintain historic building patterns.
Most of downtown from 50 years ago has been torn down to accommodate surface parking lots. This plan encourages the re-development of downtown to emulate the past downtown. Businesses fronting pleasant sidewalks, with residents, wherever possible, living above businesses are envisioned. Wherever possible, a mixture of commercial office, retail, residential units, and cultural and recreational facilities are encouraged.
tif 97 plan
To review the TIF 97 Plan in it's entirety, CLICK HERE.