Neighborhood Vision 2025
Encourage New Housing Development
The approximately 1,300 units of housing that exist in MidTown are scattered across the area with few units available for sale or rent. The relatively low population density brings challenges in attracting retail and services to MidTown. To better connect employers to potential employees and provide more customers for area businesses, MidTown needs to grow its residential base. More residents in the area will also make the neighborhood more vibrant and multi-dimensional. MidTown should encourage mixed-income housing to serve residents and families of all shapes and sizes, set clear expectations for new developments under the influence or friendly ownership, and smooth the pathway for new private development that meets the typological needs and expectations of the neighborhood.
Encourage New Housing Development
Action
Take on Strategic Investments of New Housing
Use MTC’s site control and influence with the city and funding partners in new ways to get more housing built in MidTown, including the potential to be a minority development partner or to initiate/lead development.
Near-Term Actions
Set clear expectations for new developments under MTC’s influence or friendly ownership.
Explore infill development opportunities along Carnegie Avenue between 71st and 79th Streets and identify parcels to target for subdivision, sale & infill east of E 55th.
Create a short-list of key buildings to pursue for acquisition and financing.
Type of Action
Planning
Looking For
Developers