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Agenda 03/27/2018 Item #10A03/27/2018 EXECUTIVE SUMMARY Recommendation to direct staff to explore and develop an Innovation zone to promote Targeted Industries within Interchange Activity Center Nine (I-75 and Collier Boulevard) and to evaluate the current mix of allowed land uses, the existi ng Interchange Master Plan adopted for the Interchange Activity Center (IAC) and the feasibility of adjusting the boundaries of the IAC and developing a flexible zoning overlay to facilitate economic development and encourage targeted industry growth. OBJECTIVE: To obtain Board of County Commissioners (Board) support to establish an Innovation Zone for Interchange Activity Center Nine to promote Target industries and evaluate the design stands adopted for the Interchange, the current land uses allocated within the IAC, as well as the current configuration and determine the feasibility of developing a flexible zoning overlay to further facilitate economic development. CONSIDERATION: The Board has adopted Innovation Zones as a strategy to promote economic development and diversify the local economy. Establishment of Innovation Zones are designed to enhance Collier’s attractiveness for target industries in zones of geographic concentration within unincorporated County by providing funding generated from the tax increment growth in those zones to offset regulatory fee and infrastructure costs related to attracting new target businesses or expansion of existing target business in Collier County. The use of innovation zones as a dedicated economic development tool and funding source enhances the County’s general welfare through the advancement of new employment opportunities, the implementation of redevelopment initiatives, the creation of new economic development opportunities and locations, and the expansion of existing employment centers. Interchange Activity Center Nine (IAC9), which covers the geographic area of the I-75/Collier Boulevard intersection is unique in that the land uses permitted within the district ranges from heavy commercial to industrial use within three of the four quadrants. Additionally, the proximity of IAC9 to Interstate-75 and the planned improvements to the interchange, supports the location of Target Industries. Based upon these unique geographic and regulatory features, staff is supportive in establishing an Innovation Zone for the area to leverage these attributes for economic development opportunities and promote diversification to the County’s economic base. Additionally, IAC9 is unique in that the Board adopted an Interchange Master Plan for the area, as well as architectural standards that are separate and above the architectural standards contained within the LDC. These existing standards will need to be reviewed and adjusted to help facilitate the development of Target Industries in relationship to the establishment of an Innovation Zone for the promotion of targeted economic development. This process will include stakeholder and public input. The vetting and development of these initiatives would come back to Board for final approval and the land use changes would also be vetted through the Collier County Planning Commission before coming back to the Board. 10.A Packet Pg. 116 03/27/2018 The innovation zone proposal can be brought back within the next few months with multiple options in establishing the base tax year and defining how the funds can be applied for. The review of IAC9 and the refinement of Targeted Industries will take approximately 12-18 months. The goal would be to work with the existing property owners, the Chamber of Commerce, stakeholders, and potential interested businesses to expand IAC9, clarify the Targeted Industries, and refine the zoning overlay. The boundaries and governing framework of IAC9 is over thirty (30) years old and is certainly ready for an update. The two largest propert y owners (Benderson Development Corp. and City Gate) are willing to participate in this review. They have both worked with the County and FDOT through multiple developer agreements that have supported roadway infrastructure, utilities, and economic diversity. FISCAL IMPACT: Revenue for staffing and potential consultants have been allocated within the existing fiscal year and will be included in the FY2019 budget if this proposal is approved. It is expected this endeavor will require modest staff time and total additional expenses would not exceed $50,000 in FY 2019. GROWTH MANAGEMENT IMPACT: The establishment of an Innovation Zone is consistent with the GMP and any changes to Interchange Activity Center Nine will require an amendment to the Future Land Use Element of the GMP and Land Development Code (LDC). RECOMMENDATION: To direct Staff to explore and develop an Innovation Zone for the recommended expansion of IAC9 and evaluate; the current mix of allowed land uses, the existing Interchange Master Plan adopted for the Interchange Activity Center, the feasibility of adjusting the boundaries of the IAC9 and developing a flexible zoning overlay to facilitate economic development. Prepared by: Commissioner Penny Taylor, Collier County District 4 ATTACHMENT(S) 1. Activity Center 9 Map (PDF) 2. Innovation Zone (PDF) 3. SFLCON18030210100 (PDF) 10.A Packet Pg. 117 03/27/2018 COLLIER COUNTY Board of County Commissioners Item Number: 10.A Doc ID: 5185 Item Summary: Recommendation to direct staff to explore and develop an Innovation Zone to promote Targeted Industries within Interchange Activity Center Nine (I-75 and Collier Boulevard) and to evaluate the current mix of allowed land uses, the existing Interchange Master Plan adopted for the Interchange Activity Center (IAC) and the feasibility of adjusting the boundaries of the IAC and developing a flexible zoning overlay to facilitate economic development and encourage targeted industry growth. (Commissioner Taylor) Meeting Date: 03/27/2018 Prepared by: Title: Executive Secretary to County Manager – County Manager's Office Name: MaryJo Brock 03/21/2018 4:15 PM Submitted by: Title: County Manager – County Manager's Office Name: Leo E. Ochs 03/21/2018 4:15 PM Approved By: Review: County Attorney's Office MaryJo Brock Level 3 County Attorney's Office Review Skipped 03/21/2018 4:14 PM Office of Management and Budget MaryJo Brock Level 3 OMB Gatekeeper Review Skipped 03/21/2018 4:14 PM County Manager's Office Nick Casalanguida Level 4 County Manager Review Completed 03/21/2018 4:36 PM Board of County Commissioners MaryJo Brock Meeting Pending 03/27/2018 9:00 AM 10.A Packet Pg. 118 10.A.1 Packet Pg. 119 Attachment: Activity Center 9 Map (5185 : Innovation Zone) I-75 S I-75 NCollier BLVDBeck BLVD Davis BLVDWhite Lake BLVD Plover AVE City Gate BLVD N Le Buffs RDBarot DRMa g n o li a P o n d D R 3 2 nd AV E S W Radio RD Radio LN Market STMadrid CIRBrennan DRWeir DRJa yNoahs WAYShearwater STPalm Springs BLVDBus i ness CIR Shaw BLVD Periwinkle WAYIbis Club DRCity Gate BLVD S Noahs CIR Jungle Plu m D R E Pine Vale DR Sunrise BLVDPine Cone LN C e d a r H a m m o c k B L V DRobin Hood CIRBush BLVDTollhouse DRRecreation LNBedzel CIR Jungle Plum DR WPiedmont DRButtonwood WAYCity Gate DR Wheat LNMannix DRHadley PL E Titan W AY Valerie W AY Regal Heron CIREagle Kingfisher CIRH e ro n Palm Lake DR Joyrose PLBedzel DRSaddlebrook CIRTwinning STIncome LN3 2 nd AV E S W Legend Proposed Innovation Zone Outside Activity Center 9 ¯ 0 1,100 2,200550 Feet 10.A.2 Packet Pg. 120 Attachment: Innovation Zone (5185 : Innovation Zone) 10.A.3 Packet Pg. 121 Attachment: SFLCON18030210100 (5185 : Innovation Zone)