Click Here for Greater Wall Street Property Owners Group Minutes

DRAFT MINUTES

WALL STREET ADVISORY COMMITTEE

WALL STREET PROPERTY OWNERS GROUP

APRIL 2, 2003

7:30 pm

Mayor Knopp welcomed everyone to this evening’s presentation by The Cecil Group, highlighted all of the work that has been done regarding the Greater Wall Street Area since last summer’s forum and introduced Steve Cecil, principal of The Cecil Group, to present a series of alternative redevelopment scenarios for revitalization of the Greater Wall Street Area.

Mr. Cecil indicated that the vision he sees for the Wall Street Area, based upon community conversations and preliminary research, indicates the Area should be a true downtown, in scale with the Norwalk community, aligned with its historic past and providing a balance of uses that principally benefit the people who live and work within the area, in the surrounding neighborhoods and in adjacent communities. Mr. Cecil presented the following goals for the Area:

• The Wall Street Area should support a vital mix of uses that are planned and designed to be compatible and contribute to its identity as an attractive and value place to live, work, and visit;
• The Wall Street Area should support significantly expanded business and investment opportunities that will, in turn, expand the tax base so that the financial contribution of the area substantially exceeds the City’s related costs;
• Preserve both outstanding historic buildings and the composition of buildings, streets and places that will make this area unusual, interesting, and valuable in the future;
• Promote a high quality impact for the area as a safe, clean and interesting district that has the positive qualities of a small city "downtown;"
• Provide a network of streets and convenient parking – both public and private – that directly support the mixed-use district and ensure that it is a convenient and attractive place to shop or visit;
• Enhance the Norwalk River and its edges as unique features within the Wall Street Area;
• Reinforce the pattern of picturesque streets lined with buildings, small open spaces and networks of pedestrian connections throughout the Wall Street Area.

Mr. Ceil discussed the six areas that the team has identified with the greatest potential for change (Courthouse Parking, Issac Street, Wall and Main Streets, Smith Street, North Avenue, and Hoyt Street) and presented three alternative redevelopment programs for consideration. Alternative A, Site-Based Initiatives – Residential Development, shows the potential for various types of development in three clusters: Alternative B, Project-Scale Initiatives – Residential Development and Public Parking shows the potential for development in six clusters; and Alternative C, District-Scale Initiatives – Mixed Use Redevelopment, District-Scale Initiatives – Mixed Use Redevelopment, also shows the potential for development in six clusters.

Gary Sorge, of Vollmer Associates, addressed traffic and parking considerations relative to the Greater Wall Street Area.

Mr. Cecil then opened the meeting for public comment.

____________________________

Alanna Kabel

Recording Secretary

04/07/03

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