Downtown housing in GJ plan
A strategic plan aimed at keeping downtown Grand Junction vital emphasizes the need to develop higher-density projects that offer a mix of commercial and residential space and indicates that a heavy dose of taxpayer funds will be required to make it happen.
The City Council got its first look at the plan Monday night but delayed taking any action on it.
Council members asked staff to come back with a more concise plan, which encompasses the area between First and 12th streets and North and South avenues.
The plan lays out a number of goals, including maintaining the vitality of downtown, promoting downtown living, improving the transportation system, enhancing the historic residential neighborhoods, promoting a unique identity for the area and jump-starting reinvestment with a series of “catalyst” projects.
The plan identifies four potential catalyst projects:
• A large public building, commercial-retail space, 75 senior housing units, nine market-rate ownership units above the retail space and an urban housing project consisting of 18 row houses.
• A two- or three-story building with work space on the ground floor and living space on the upper floors.
• A three-story building with retail space on the ground floor and office space on the
• A building up to eight stories high with retail space on the ground floor and a combination of rental and ownership housing on the upper floors.
The plan indicates that no specific site is contemplated for the catalyst projects.
It also promotes the notion that public financial support is critical to launching new construction and remodeling projects.
“Downtown has a tremendous influence on the economic well-being of the entire region,” a portion of the plan’s conclusion reads. “Therefore, it is widely accepted that early projects in any revitalization effort should be publicly assisted until market conditions reach levels where new construction can support itself.”