Title
Preliminary Design for 414 NW 5th Avenue (B)
Explanation
The CRA, along with the Fifth Avenue Pleasant Street (FAPS) Redevelopment Advisory Board, is dedicated to the revitalization of the NW 5th Avenue corridor. The FAPS Board identified the 414 NW 5th Ave property as a prime site to locate a mixed-use commercial/residential structure. With its proximity to the Santa Fe Community College Downtown Campus as well as other area businesses and residential homes, this location will add vibrancy to the area.
At their December 11, 2007 meeting, the Fifth Avenue Pleasant Street Redevelopment Advisory Board unanimously approved the schematic design for a mixed-use concept at the location. The CRA proposes to redevelop, either by itself or in partnership with others a mixed-use commercial (mercantile)/residential structure complying with the historic nature of the historic district. The design was inspired by the architecture of the former Union Academy, an African-American Educational Institution housed in the Fifth Avenue Pleasant Street neighborhood from 1867 to 1925. The building went on to become a community fixture, housing a recreation center and then a retirement home before its demolition in the early 1960's.
The proposed three story building will have space to provide for several retail establishments as well as residential units. This project will not only provide an attractive building to the neighborhood but also has a positive economic impact on the community.
Fiscal Note
None at this time
Recommendation
Fifth Avenue Pleasant Street Redevelopment Advisory Board to the CRA: 1) Hear a presentation from staff & Jay Reeves; and 2) provide input and approve schematic design for this project.