Let it snow! The holidays are over, which means we're now gearing up for DMC season in Minnesota. The first draft of the development plan is under review from the DMC Corporation Board of Directors, and things are ramping up in Rochester. With all this talk of development plans, we thought it begged the question, "What is a development plan, anyway?"
For starters, it's extensive. The proposed development plan includes not only a master plan for various zones and land uses, but also hundreds of pages of financial analysis and market research, in addition to communications plans and community outreach strategies.
The Development Plan is a comprehensive planning document, akin to a strategic business plan that addresses land use, transportation, infrastructure, finance, business development, marketing and operations strategies. Additionally, the plan sets an implementation framework. A financial framework and rigorous application process and underwriting (evaluation) criteria are incorporated.
The plan is carved into three volumes, each of which has several sub-sections.
1. Executive Summary & Phase I Strategies
2. Planning Documents
Volume 2 (Planning Documents) contains the meat of the plan, including proposals for how to develop each of five sub-districts within the DMC boundary. Volume 1, on the other hand, might be the best read for someone looking to get the most out of their time. The Executive Summary & Phase 1 Strategies portion of the plan lays out an overview of the 20-year plan and focuses on revenue and expenses for the priority projects that are proposed to begin during the first 5 years of implementation.
Those early projects include a redesign of the intersection at First Ave. and First St., improved infrastructure, and a shared parking service that alleviates congestion and centralizes parking throughout Downtown Rochester.
Click on the document icon to the right to download a copy of the draft development plan. (Please note that it's 108 MB.) The file is also available for download.