Top Story
Date: January 25–29, 2010
Location: Charlotte, NC
Sponsor: Lake Norman Transportation Commission (LNTC) and the towns of Huntersville, Cornelius, Davidson, and Mooresville
Chair: Glenda E. Hood
Subject Area: Transit-Oriented Development
Assignment
The LNTC requested that the panel provide advice on the following issues:
- Economic development: Review and comment on the economic overview, outlook, and growth potentials for the Lake Norman area.
- Review and comment on current and projected adequacy in state and local funding sources for roads and rail.
- Comment on potential or branding opportunities for the territory between downtown Charlotte and Statesville.
- Review relevant municipal policies of the four towns for consistencies in planning and regulations.
- Provide suggestions on more effective land use decisions, suggestions for improving connectivity and air quality, and correlation of small area plans to road and rail infrastructure.
Summary of Recommendations
- Remind leaders that the Lake Norman area is included in Charlotte’s Centers, Corridors, and Wedges Growth Framework, which is also part of the 2025 Transit/Land Use Plan for the region.
- Rebrand the corridor as the new North Main Line.
- Ensure that transit supports the Transit/Land Use Plan’s strategy, for mobility.
- Understand and develop the potential for transit-oriented development (TOD).
- Plan for new north–south parkway east of NC 115 and the Norfolk Southern “O” line to relieve pressure on I-77 and ensure multimodal connectivity.
- Identify revenue streams from a variety of sources for both road and rail funding.
- Consider using a combination of tax increment financing and special assessment districts in the four towns as a means to “ante up” matching funds to accelerate federal and state funding of the commuter rail line.
- Engage with Charlotte and Mecklenburg County regarding the positive economic development that is possible in the Lake Norman area with and without the commuter rail.
- Evaluate public/private partnerships.
- Analyze, develop, and promote regional benefits of transportation capacity investments in the North Main Line.
- Speak with one voice as part of the Charlotte region.