•RAIL-LEGACY INDUSTRIAL/COMMERCIAL: Properties that address the Switchyard because they are legacy properties that formally utilized the functions of the rail system. (The Thomson Warehouses, Grimes Lane Commercial Properties, etc.)
SWITCHYARD PARK MASTER PLAN
Demograp h i c s
As the planning for the park itself evolves, this organization could then have ramifications about park development priorities and allocation of resources, i.e. “where might money be prioritized in certain sections of the park to match where there is investment potential for transformative real estate development?”
Ar ea
Corresponding Trade Areas As one of the stated goals of the Switchyard Park Master Plan is to not only create a grand park space in the City of Bloomington, but also spur real estate development on properties that are near and adjacent, these existing land use themes are helpful organizing tools to analyze markets for redevelopment investment. Because of the Switchyard’s linear orientation and large size, it becomes apparent that a specialized approach to analyze trade areas and derive marketplace conditions is required.
Tr ade
•RESIDENTIAL NEIGHBORHOODS: Residential Neighborhoods that were and are buffered from the Switchyard by vegetation, terrain or physical barriers (fencing, roadways, etc.) (Primarily the Broadview Neighborhood Area, yet also the McDoel Gardens Neighborhood and Bryan Park Neighborhood)
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•SOUTH WALNUT STREET COMMERCIAL: Auto-dependant commercial development that is focused on the South Walnut Corridor and has limited “address” or relationship to the Switchyard.
I NV ENTO RY
Thematic Land Use Categories While the idea of the Switchyard property as a potential “grand park” for the City of Bloomington has been discussed for many years (and some formal planning has occurred to that end), from a current land use perspective it is, at this time, an old railroad switching yard site. Because of this site legacy, existing land uses generally fall into one of three categories or themes:
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