Of that 8 percent, 6.6 percent — or 3,052 acres — is earmarked for commercial development. A mere 1 percent — or 428 acres — is left for housing…Buildout, to Plano Mayor Harry LaRosiliere, simply means “a new phase of the city’s life.”…
Instead of McMansions, Plano’s future housing could include more five- to 12-story high-rise buildings and mixed-use urban centers clustered around DART’s Parker Road Station, at Park Boulevard and Preston Road, and the Collin Creek Mall, according to the 2006 Urban Centers Study.
Apart from new development, efforts are also focused on revitalizing aging retail areas and neighborhoods, said LaRosiliere, noting the new Great Update Rebate program provides cash incentives to residents who update older homes.
Maintaining property values and retaining and attracting new businesses, he said, are critical to the city’s main sources of revenue: property and sales taxes.
Very interesting. For a while now, Plano has been known for its rapid growth and sprawling development with lots of big houses. Some choices facing the suburb moving forward (partly based on my own research on Naperville, another suburb that experienced rapid growth and is now facing build-out):
1. As is noted here, that rapid development led to money added to the city’s coffers and a slow-down in building would limit new income and possibly lead to budget problems in trying to keep up with an aging infrastructure. Keeping up with the costs for local services and amenities can prove tricky in suburban communities when residents continue to clamor for a relatively high quality of life.
2. What happens to a community when denser development is introduced? One way to do this is to build up but this may not be viewed favorably near single-family homes. Building taller can introduce very visible landmarks that may not mesh with the character of a single-family home community. In contrast, transit-oriented development is popular in many places and doesn’t have to be that tall.
3. Retrofitting older spaces can be cool and create new centers of activity. For example, older shopping malls can be reconfigured to be more mixed-use and walkable. However, this can also prove more costly for developers than building new buildings in more sprawling locations. Additionally, demolishing older buildings can lead to issues with neighbors.
Overall, this transition stage for suburbs between growth and build-out is relatively understudied. Many American suburbs have already faced this issue, particularly those founded before the post-World War II suburban boom, and have had a range of outcomes. Yet, many of the post-war suburbs are facing this issue and it is not necessarily an easy change.