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HomeMy WebLinkAboutINTERSTATE LAND - MASTER PLAN - 34-88A - SUBMITTAL DOCUMENTS - ROUND 1 - PLANNING OBJECTIVES. • • INTERSTATE LAND MASTER PLAN Statement of Planning Objectives April 5, 1988 The 192 acre Interstate Land property is located at the Prospect Road/Interstate 25 interchange - an important entryway to Fort Collins. A number of activities by public and private agencies have indicated the need to formulate a Master Plan for the property. The activities include: - The State Division of Highways is scheduled to complete the Prospect interchange in 1988. The ramps on the north side of the interchange will be constructed and the frontage road realigned in the northwest quadrant. - The City of Fort Collins planning department has begun work on a study of the Prospect entry corridor. The study will establish preliminary streetscape design guidelines and provide an overview of development opportunities and constraints. The proposed Master Plan in consistent with the in -progress Prospect Corridor Study. - The City of Fort Collins has indicated a desire for the property to be annexed, and an annexation petition has been submitted. - Drainage studies, planned future utility extensions, and future collector street patterns are being evaluated by the City. All of these infrastructure elements are directly affected by the Interstate Land property and its future development. A Master Plan will help in making decisions about future capital improvements in the area. The Interstate Land Master Plan is intended as a tool to assist in: Avoiding creation of traffic problems that typically result from frontage roads located too close to freeway ramps. Allowing an on -site circulation system that can focus traffic toward Prospect and the I-25 frontage road. Provide a desirable mix of land uses in an attractive park setting with high traffic generating uses located at the arterial interchange. A mix of residential densities - 1 - provide a transition to the existing neighborhoods to the west. - Providing Fort Collins with a site that can compete for the next major regional shopping center in northern Colorado. * Although there is currently not an adequate market to support another regional shopping center; it is logical to believe that such a market will eventually exist. When another regional center is proposed, it will likely be intended to serve the entire northern Colorado market, and is therefore likely to locate at an I-25 interchange. We feel that Interstate Land, at the Prospect Interchange represents: - Fort Collins' best chance at capturing this significant source of sales tax - An opportunity to create a high quality image, (both in visual and economic terms) at this key entryway - An excellent location to deal with regional traffic with minimal impact on local streets, on a site that is within convenient driving distance for local shoppers The land use pattern indicated on the Interstate Land Master Plan is consistent with the adopted Land Use Policies Plan of the City of Fort Collins. Examples of appropriate policies are: - Regional/community shopping centers may locate in less hazardous flood fringe classifications provided proper mitigation of the flood hazard is provided. - Regional/community shopping centers should locate in areas which are easily accessible to existing or planned residential areas. - Regional/community shopping centers should locate near adequate transportation facilities. - Transitional land uses or other urban design elements should be provided between residential neighborhoods and commercial areas. - Residential areas should provide for a mix of housing densities. - Higher density residential uses should locate: * Near regional/community shopping centers - 2 - 0 0 0 * Within close proximity to park facilities * Where water and sewer facilities can be adequately provided * Within easy access to major employment centers * In areas with provisions for alternative modes of transportation. There is no definite phasing or development schedule for the site. It is estimated that development may begin in the early 1990-s and continue beyond the year 2000. The land uses indicated would provide employment for an estimated 3,000 persons. — 3 —