Coordinated Development Strategy: Coordinate the development of housing, businesses, and infrastructure in geographic areas where a district-wide approach has the greatest opportunity for achieving Minneapolis 2040 goals.
By several measures, Minneapolis is experiencing resurgence. The city’s number of residents and jobs is increasing, new businesses are opening, and over $1 billion each year is invested in new buildings and remodeling. Despite this overall success, some areas of the city are not sharing in the positive effects of reinvestment, perpetuating our economic and housing disparities by race. Overcoming those disparities requires long-term, sustained, and coordinated investments in private land development and development-related public infrastructure.
The city also has areas where In some areas of the city strategic investments by the public sector can spur the private market can to deliver new development providing that provides housing, jobs, and retail goods and services, and increased while increasing the tax base in the short term following a few well-timed, strategic investments by the public sector. In both of these cases, the City recognizes that redevelopment areas can benefit from a system-wide district approach through coordinated infrastructure improvements, building on proximity to critical resources, and implementing synergistic land use strategies. This approach can also be utilized when planning for stormwater management, energy, parking, place making, green space, and marketing a district-wide approach provides the best as opportunities opportunity for achieving the goals of this plan. This district-wide approach to coordinated development is sometimes referred to as an Innovation District.
The City will seek to accomplish the following action steps to coordinate the development of housing, businesses, and infrastructure in geographic areas where a district-wide approach has the greatest opportunity for achieving Minneapolis 2040 goals.
- Use data and objective criteria to identify geographic areas most in need of reinvestment and where a coordinated approach would result in achieving Minneapolis 2040 goals, including but not limited to areas that have historically experienced disinvestment.
- In geographic areas most in need of reinvestment these areas, conduct planning processes that clearly articulate a coordinated district-wide development plan including the location, phasing, and conceptual design of buildings and infrastructure as well as strategies to minimize the displacement of nearby residents and businesses.
- Devote City staff time to interdepartmental and interagency coordination teams tasked with implementing coordinated district-wide development plans in these areas.
- Prioritize use of City dollars, as well as resources from other jurisdictions, on implementing coordinated district-wide development plans in these areas.
- Use and leverage City funds, including the City’s Development Infrastructure Fund, to make strategic infrastructure investments that implement coordinated district-wide development plans in these areas.
- Strategically acquire and dispose of property in order to implement coordinated district-wide development plans in these areas.
- Ensure an inclusive and equitable outreach and engagement process with a focus on historically underrepresented populations throughout City-coordinated and funded projects.