Main Street Sub-District

Posted by Kosmont Companies

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Development District

Development Opportunity

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District Description

The Main Steet Sub-Area is the economic, cultural, and historical 'heart' of El Monte. It includes many existing mom-and-pop (and national) retail and dining establishments. Much of Main Street has been improved with wide sidewalks, street furnishings, and pockets of enhanced landscaping and adjacent parking. The Main Street Sub-Area is envisioned to be revitalized with facade improvements and vertical mixed-use development with residential or office above retail and restaurants. Buildings up to three stories in height will line Main Street and buildings up to foour stories in height will front along Valley Blvd.  This development opportunity includes increased density, mixed-use, transit oriented development along with significant public infrastructure investments; street beautification, water and wastewater upgrades, transit, and other public infrastructure investment. 

Fee Schedule

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Planning & Policy Documents / Request for Proposals (RFP)

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Technical/Environmental Studies

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Financial/Economic Reports

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General/Comprehensive Plan Designation

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Master Plan/Specific Plan

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Zoning Designation

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Height Limits

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Floor to Area Ratio (FAR)

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Dwelling Units per Acre

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Parking Requirement

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Other Requirement

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Environmental Approval / Status

EIR approved

Zoned for Preferred Outcomes

Development Opportunity Reserve allows for increased density in exchange for community benefits from developer

Political Support

Community Support

Incentives

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Costs

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Infrastructure

Sewer/Water/Street/Beautification

Transportation

Near Transit Village

Private Investment

Potential Enhanced Infrastructure Financing District described in the Specific Plan

Local Development Trends & Market Indicators

See Attached Economic Development Opportunities Presentation for Retail and Market Data

Contact Archie Davenport

Archie, from Kosmont Companies, has more details.

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Created on July 13th, 2017 (last updated 12 months ago)