Part of the "ASCENDERS" initiative
Create a Technology Park and surrounding Innovation District within walking distance of Augusta University’s Health and Science Campus, aligned with Augusta University, the Cyber Command Center at Fort Gordon, and growing cyber and technology industries. The proposed district would include educational and medical anchor institutions, two mixed-use redevelopment sites, student housing, multifamily housing, retail, office, institutional uses, pedestrian-friendly streetscapes, and rehabilitation of existing single-family housing in surrounding neighborhoods.
Tracks ten-year goal for multifamily housing units.
Tracks improvement of the street grid as a housing rehabilitation incentive.
Tracks private companies relocating to the Technology Park with help from Augusta Economic Development Office.
Tracks attraction of multifamily developers for the live-work-play environment.
Tracks ten-year goal for University expansion.
Tracks the number of street lights included in the streetscape improvement estimate.
Tracks the two Technology Park redevelopment sites identified in the report.
Tracks creation of a Technology Park and surrounding Innovation District within walking distance of Augusta University’s Health and Science Campus.
Tracks creation of government incentives to attract people to live near work.
Tracks retail sales volume as a measure of success.
Tracks street trees and landscaped buffers between sidewalk and street.
Tracks businesses incorporating relocation and rehabilitation incentives.
Tracks assessed value of the industrial property forming the base assumption for property acquisition.
Tracks future student housing development located in the Innovation District.
Tracks private investments improving streetscapes in front of properties through Innovation District requirements.
Tracks Tax Increment Financing revenue for redevelopment as property values increase.
Tracks redevelopment potential at the industrial site southwest of the AU Health Sciences Campus.
Tracks incorporation of successful Innovation District ideas into other parts of Richmond County.
Tracks inclusion of green space throughout the district.
Tracks relocation policies coordinated with companies in the Innovation District.
Tracks the number of trees included in the streetscape improvement estimate.
Tracks industrial property acreage referenced in the property acquisition budget.
Tracks retail spending by people located in the Technology Park and Innovation District.
Tracks communication of private-sector incentives to current and future employees with government programs.
Tracks support for local businesses from new residents with higher disposable incomes.
Tracks total streets included in the streetscape improvement estimate.
Tracks alignment among Augusta University, the Cyber Command Center at Fort Gordon, and growing cyber and technology industries.
Tracks University partnership with multifamily and retail developers.
Tracks policies encouraging rehabilitation and appropriate infill.
Tracks total estimated streetscape improvement cost before contingency.
Tracks sidewalk improvements along Walton Way, Central Avenue, Wrightsboro Road, 15th Street, and Highland Avenue.
Tracks expansion of Augusta University campus into the Technology Park area.
Tracks freezing property tax valuations at pre-rehabilitation values as a possible incentive.
Tracks cost range for demolition, drainage, and sidewalk installation.
Tracks ten-year goal for office development.
Tracks county waivers of government impact or permit fees as rehabilitation incentives.
Tracks cost per tree installed.
Tracks classroom space, administrative offices, recreation facilities, and student housing located in the area.
Tracks creation of a pedestrian-friendly environment around offices, institutional uses, student housing, multifamily housing, and retail.
Tracks institutional partners replicating relocation and rehabilitation incentives in different areas of the city.
Tracks ten-year goal for rehabilitated homes.
Tracks the ten-year goal period stated in the report.
Tracks negotiation with CSX for excess land or easement rights over railroad tracks.
Tracks parking garages on the periphery of the Innovation District.
Tracks redevelopment potential at the 11th Street Kroger site.
Tracks potential relocation of thousands of jobs into the heart of the city.
Tracks increased property tax revenue as a signal of success.
Tracks rehabilitation of existing housing stock in the Innovation District.
Tracks determination and coordination of specific Innovation District incentives.
Tracks estimated streetscape improvement cost after contingency.
Tracks contingency percentage added to streetscape cost.
Tracks Augusta University funding improvements to streets abutting University properties.
Tracks ten-year goal for student housing units.
Tracks estimated linear feet of streetscape improvements.
Tracks installation of signs and pedestrian improvements in gateway areas.
Tracks pedestrian-centered planning and walking paths from the University campus.
Tracks jobs created as a measure of success.
Tracks economic benefits from the Technology Park and institutional presence in Augusta’s urban core.
Tracks connection between Augusta University’s Health and Science Campus, Summerville Campus, and nearby institutions.
Tracks current Augusta University student body population referenced in the report.
Tracks attraction of retail developers for the live-work-play environment.
Tracks both sides of the streets included in streetscape improvements.
Tracks housing incentives provided by anchor institutions.
Tracks University or employer cash incentives equal to a percentage of an employee’s salary for purchasing near work.
Tracks the number of separate Augusta University campuses that may benefit from stronger physical connections.
Tracks school improvement support associated with new residents and rising standards of living.
Tracks potential housing of thousands of people in the heart of the city.
Tracks potential partnership with Paine College as part of the Technology Park.
Tracks consistent streetscape improvements through the Innovation District.
Tracks cost per street light installed.
Tracks Transportation Improvement Act funding for streetscape improvements.
Tracks new residents with higher disposable incomes moving into and around the Innovation District.
Tracks land acquisition for the Technology Park.
Tracks creation of housing opportunities within the Technology Park and Innovation District.
Tracks waiving building permit fees as a possible incentive.
Tracks key institutions named as part of the Innovation District connection.
Tracks new housing units created or rehabilitated as a measure of success.
Tracks Augusta Land Bank purchase and consolidation of properties.
Tracks projected Augusta University student body population referenced in the report.
Tracks beginning Brownfield remediation in the Technology Park area.
Tracks common signage and improved pedestrian infrastructure to increase sense of place.
Streetscape improvements: approximately 8.4 miles of streets; both sides equal 16.8 miles, or about 90,000 linear feet; $200-$300 per linear foot for demolition, drainage, and sidewalk installation = $18-$27 million; 1,800 trees, one every 50 feet, at $750 per tree installed; 900 street lights, one every 100 feet, at $10,000 per light installed; total streetscape cost approximately $36,775,000; add 40% contingency = approximately $50 million. Property acquisition: Industrial Property assessed value of $3 million for 6.35 acres, used as the base assumption.