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Liberty Crescent
Liberty Township, Ohio
Mixed use
replaces a big box and makes the site more valuable
A big box in the midst of sprawl
is not memorable and contributes nothing of community value
to the neighborhood. But make it three stories tall, shape
it like the Royal Crescent with tree-lined avenue, and give
it a view of parkland and athletic fields that is memorable.
This conceptual mixed use development consists of three floors
of condominium housing units above street level commercial
shops, offices and community facilities. The one story commercial
specialty shops along the avenue provide views of public gardens,
soccer fields and tennis facilities.
The study was completed as one of
four examples to show alternatives to big box development
for a non-profit client organization of residents of the City
of Powell and Liberty Township. In the case of the Liberty
Crescent development concept, the land value equivalent of
156 residential condominium units and 177,000 square feet
of commercial development exceeded the land value of a big
box retail development of 340,000 square feet. In fact, the
excess value offset the cost of building the 11 acres of community
facilities.
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