Initiatives
1.) Front Street Business District:
The historic
Front Street Business District, serving as
New Richmond’s core business district, lies directly along the Ohio River.
This four block district contains many opportunities for residential and
commercial investment and redevelopment. Local efforts have lead to improved
occupancy rates, but economic sustainability and reinvestment remain
challenges. This initiative will focus on strategies to encourage further
investment by improving the image of the district, enhance navigation to and
within the district, and stimulate foot traffic.
2. ) Riverfront Development:
New Richmond’s riverfront
includes a marina and several other convenient boating related services.
This initiative will focus on developing options to encourage the full use
of the resources the Village of New Richmond has to offer the boating
community. In addition, this initiative will identify strategies to
encourage boaters to explore the many amenities the Village has to offer,
specifically along the Front Street Business District.
3.)
Festival Park:
Festival Park is privately
owned piece of land situated along the Ohio River near the edge of the
Front Street Business District. Most recently, the land has been
underutilized outside of a few special events. This initiative will focus
on methods to encourage suitable development options at this strategic and
vital location within the Village.
4.)
Mediation Sites:
New Richmond contains numerous parcels
within the Ohio River floodplain that the Federal Emergency Management
Agency (FEMA) deems un-buildable for insurable structures. Therefore,
physical construction of housing or commercial buildings is not possible
without significant risk. This initiative will focus on taking advantage
of these parcels by encouraging community reinvestment through the
development of landscaped open space, parks and recreation.
|