Will Temple Terrace’s Redevelopment Plan Work?
A commentary on The Wall Street Journal’s MarketWatch suggests crummy shopping centers will only get crummier.
It’s a bleak image: the blighted corner of Temple Terrace on 56th Street between Bullard Parkway and the Hillsborough River doesn’t get redeveloped; it only gets worse.
That’s the picture that Al Lewis, a columnist for Dow Jones Newswires, paints for eyesores across the nation in a MarketWatch story published June 22.
In the commentary, Lewis paraphrases Don Wood, chief executive officer of Federal Realty Investment Trust, by saying redeveloping blighted areas within a community doesn’t work without a high density of upper-income households. In places where it will work, the process takes years.
Just this week, City Manager Kim Leinbach told the Temple Terrace City Council that the city and developer Vlass Temple Terrace were at a stalemate regarding the downtown redevelopment project.
Do you agree with Wood’s take? How do you see his opinions relating to Temple Terrace’s redevelopment plan?
Thanks to Patch reader JW for finding the MarketWatch story.
JS
12:03 pm on Friday, June 22, 2012
I am glad you posted this center stage Ashley. There is no better solid support against apartments than this article. A green meadow for kids to play ball and family's to enjoy would be a better option, tax revenue hit or not.
Karen Daves
4:20 pm on Friday, June 22, 2012
JW, I absolutely agree with you. However I wish someone would mow it now. It looks pretty bad.
Grant Rimbey
1:01 pm on Friday, June 22, 2012
I disagree with the bleak basic tenant of this article, redeveloping blighted strip malls will be increasingly common in the future (aka greyfield conversion), especially in Florida where they are everywhere. These greyfields are obsolete, centrally located, they already have infrastructure, and they are surrounded by mature neighborhoods. What will become scarce in the future is the alternative of pushing further and further out from the city core (sprawl), which taxes our infrastructure, gobbles up green space, and equates to hours on the road commuting.
Per the article, Temple Terrace doesn’t have to deal with a bunch of tenants because it purchased most of the redevelopment area parcels so it could convey them to the developer as a package, as an incentive. This is why the city needs to hold the line with the developer so they will construct “the citizens plan”.
The article seems to be saying if you don’t like where you live, then move. I will stay and fight, TT is worth fighting for. Redevelopment is a time honored tool that cities use to rejuvenate themselves, it has been this way for at least a hundred years.
JS
1:15 pm on Friday, June 22, 2012
I agree with you Grant 100%. Temple Terrace has a location thats is central to Tampa, It is the last liveable area in close proximity to USF without dealing with New Tampa traffic.
I can pretty much be anywhere in Tampa from Temple Terrace in 20 -25 minutes, even during rush hour. New developments, with limited access, like New Tampa create a nightmare for residents that Temple Terrace citizens never experience.
This article, per say, does not spell doom for the redevelopement area. Its DOES however point to how very critical only the best and most highest use be allowed in the zone.
We cannot tolerate Vlass, or any other developer putting anything less that what was originally agreed. If we do, then the risk of failure increases exponentially.
We would be far better off leaving the land vacant green multi-use until economic conditions in real estate improve and/or an honest developer can be found.
Once the area is tainted with lower value additives like wooden structure 1 bedroom apartments we can never go back. It would be best not to go down that road in the first place.
Vlass wants to use the present uncertainty, both in economics and Washington to strong arm the city into Vlass's best interest, not ours. We must not cave into blackmail from a company that so quickly reversed on its initial promise.
And now they are holding phase too "hostage" to put it in our councilman's words. They have proven they are not a company of repute.
Pam Devoid
2:36 pm on Friday, June 22, 2012
Grant and JW well said. We need to hold the line, if nothing else a stale mate is good until we have a new Mayor and Council in place that believe in our vision and will hold true to the residents of the city. Today’s lesson focus less on the presidential election and focus on your local government offices. I have been here in the Terrace for 40 years, grew up here and know exactly how wonderful it can be. We have a gold mine here, we are in the center of Hillsborough County, and we have a beautiful golf course, loyal residents and generations of family in the Terrace. Our vision will be realized with or without Vlass.
JHW
5:25 pm on Friday, June 22, 2012
I have had the same concerns as the Wall St Journal article. But have also thought the space would be great remaining green until we can do what needs to be done to keep the area an asset for all of us. Thanks, Grant for being positive. Get Phase 2 going so the cultural enhancements can move forward. JHW
Chris Curtis
8:18 pm on Friday, June 22, 2012
We were so looking forward to a down town area with restaurants and stores , somewhere where we could walk too.a place to enjoy the evenings and weekends, I suggest that 5th st in Naples should be looked at as a referance point. Who is in control here the City or the Developer
Elizabeth A. Leib
9:02 pm on Friday, June 22, 2012
Why not, until the economy turns around, a green space for families to gather for concerts and outdoor movies...and maybe a community garden?
Carol Dell
3:01 pm on Saturday, June 23, 2012
I'm glad to see so many good comments about the redevelopment....I hope they have also been expressed to our mayor, city council, and city manager. If not here are links to their emails:
http://www.templeterrace.com/govt/manager_index.htm (city manager)
http://www.templeterrace.com/govt/council_index.htm ( mayor and city council)
Carol Dell
Maria Paul
10:46 am on Thursday, July 5, 2012
Here, here, to all of the above comments! Citizens of Temple Terrace (and that includes our elected officials), let us stand together strong and NOT succumb to pressure by the developer who has only his own self-interest at heart.
Joan Staehle
12:54 pm on Saturday, July 7, 2012
These are great comments! Everytime I drive past the redevelopment area I am so thankful it is not filled with 3-4-story wooden apartments with cars crammed into insufficient parking spaces.