The Smyrna City Council will discuss paying $70,000 to the Georgia Tech Research Corp. for a market analysis, land use and urban design study of the SunTrust Park District/Spring Road Corridor 7 p.m. Monday in the Council Chambers, Smyrna City Hall, 2800 King St.
The guide will be used to assist city officials in deciding development around the new Braves baseball stadium.
This study will look at existing plans and research conducted for the city and examine growth about real estate market demand, land use, zoning and economic impacts to the city as a result of the new stadium.
The research will recommend a set of economic development tools and policies to help the city to adjust its zoning code and be proactive with handling future development.
The Georgia Tech School of City and Regional Planning will use 10 to 15 master degree students to create design scenarios based on feedback from Smyrna residents.
Also assisting will be the Center for Economic Development Research within the Enterprise Innovation Institute at Georgia Tech and Noell Consulting Group.
- Phase I (July-September): gathering data and performing the market study.
- Phase II (July 2016-February 2017): incorporating market study impacts into a land use and urban design plan for the Spring Road Corridor.
- Phase III (October-November): completing a fiscal impact analysis based on development scenarios established in the land use/urban design plan.
A final report will presented in February.
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