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Degree of Change <br /> Prioritizing Anchors as Cultural Focal <br /> Points and Frameworks for Investment o Nurture <br /> Market conditions and community STELMOAVE w r Increase cultural <br /> J , ;t, identity around <br /> preference meant that the amount and rate ..i1,, ,_ J YALfE:R[ <br /> FRAYSER BLVD;; u) Q anchors through <br /> of change that could take place in different lop 0 i g <br /> locations across Memphis varied by F <br /> 0 o, set asides for public <br /> community. Opticos created a Degree of <br /> v, } JAMES RD art and programming <br /> ,S`� z o > within public spaces. <br /> Change framework that offered flexibility to Y _ �a <br /> accommodate different market capacities o 3Z� J <br /> m z CHELSEA. <br /> and community goals while promoting an / �_,� AVE a <br /> equitable distribution of investment across �cr,i "� r; � <br /> O JACKSON AVE "‘,1 MACON RD <br /> the City with "change actions"calibrated ��� NP�yy`r Q e <br /> t f SUMMERAVE <br /> for the diverse on-the-ground conditions in POp o <br /> Memphis. :; � t� RAVE ,,i.3 �'riniPSwALNUTGROVERD �� <br /> -:a, . CEsTRALAVE \ o <br /> S PKWY Ott" SOlTHERNgVE v <br /> qii <br /> r �' h G <br /> Accelerate o EPERSONAVE�-f BARRONgVE RKAVE a hr <br /> B <br /> Improve multimodal o ,30 } <br /> infrastructure to /� BALL Ro ' z CC ,I " w <br /> employment centers J.\ c o <br /> and within a mile to `� DEMOCRAT RD o a <br /> E BROOKS RD tr u) <br /> higher-capacity transit a E MITCHELL RD o wN Sustain <br /> stops. w o, o W W Encourage mixed-use <br /> } r r " development through <br /> �� w ERAINEES''RD r ERAINE' <br /> ,��„ a Q Or 0 a o incentives at anchors <br /> b CO E SHELBY DR a with vacant and <br /> sf 0 --J J <br /> .45/I <br /> P qJ = blighted properties. <br /> E HOLMES RD o U <br /> A�v►�w.�. P o o r n� <br /> How Does Investment Respond <br /> to Degree of Change? <br /> :.: <br /> . „ <br /> ,.,. <br /> II, i ,..L . ,, <br /> ma , � ... <br /> Nurture Accelerate Sustain Transition <br /> Nurture actions rely primarily Accelerate actions rely on a Sustain actions rely Transition actions <br /> on public and philanthropic mix of primarily private and primarily on private transform the existing <br /> resources to stabilize the philanthropic resources, resources to maintain the pattern of a place to <br /> existing pattern of a place. along with some public existing pattern of a place. accommodate a more <br /> resources to identify the viable range of uses. <br /> existing pattern of place. <br /> Community Planning (PL 4)Community/Regional Plans,General Plan,Climate Adaptation 29 <br />