Redevelopment of Neighborhood Centers

Redevelopment of Neighborhood Centers Policy

Plano will encourage investment in and redevelopment of underperforming developments within neighborhood centers to accommodate local commercial, retail, and entertainment uses within walking distance of residents. 
 
Redevelopment of Neighborhood Centers Action Statements


 Status
Conduct a study that identifies retail corner redevelopment opportunities and includes resident
input for desired businesses and land use activities.
pending
Target specific retail sites around Plano to serve as catalysts for redevelopment.
pending
Provide incentives such as public improvement districts (PIDS), tax increment finance (TIFs)
districts, or finance utility upgrades to encourage reinvestment and redevelopment of
neighborhood centers. 

inprogress
Create the Neighborhood Mixed-Use (NMU) zoning district and establish regulations and
standards for residential mixed-use development.
inprogress
Establish design guidelines within the NMU zoning district that provide a direct connection
from the neighborhood center to surrounding residential areas.
inprogress
Develop a Parker Road Corridor Plan to encourage cooperative redevelopment of retail sites,
increase housing options, and identify opportunities. 
pending

Supporting Materials and Resources
Housing Value Retention Analysis
Zoning Ordinance
Corner Retail Design Guidelines
Shopping Center Review
TriCity Retail Study