Downtown Revitalization a Focus for Fremont
17 Jan 2012
Developing upper level housing in downtown is a top priority.
That attitude was clear during a Tuesday night meeting to help craft a downtown revitalization plan, but it's also been a focus in previous downtown revitalization studies.
"Upper levels of buildings are a major reservoir for development, but currently exhibit relatively low use," said a 1998 MainStreet of Fremont report prepared by RDG Crose Gardner Shukert. "These upper levels are an economic drain on property owners if undeveloped."
A few downtown residential apartments have been developed, and the former power plant, just a few blocks from the heart of downtown, was converted into an apartment building. Tax credits were part of the financial picture for the $5 million Power House Apartments project.
There are still plenty of vacant upper floors in the downtown area, however, and downtown business owners continue to search for ways to make that space productive.