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6.4 Consider Adoption of Downtown Plan Update
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07-05-2022 City Council Meeting
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6.4 Consider Adoption of Downtown Plan Update
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and the new areas of suburban development financially fragile, in need of ever-increasing amounts of <br /> new growth to maintain long-term infrastructure commitments. <br /> Pequot Lakes should strive to reactivate the natural evolutionary process that will allow these <br /> neighborhoods to grow and mature over time on its historic framework. Pequot Lake's goal is to <br /> achieve a stable and/or growing economy. <br /> III. Downtown Keys to Success <br /> The City has identified the following guiding principles for the future of downtown Pequot Lakes. <br /> These principles were developed with the input of residents, business owners and other downtown <br /> stakeholders to protect the character of Pequot while promoting growth in downtown. <br /> Key#1: Maintain the character of the downtown while <br /> evolving over time as human needs, available technologies, and <br /> aesthetic styles play out <br /> There is a strong desire to maintain the high quality of the investments made in downtown Pequot <br /> Lakes. The buildings have a charm and seem to belong in their surroundings. There has been some <br /> resistance to any type of uniform standard that would unnaturally alter the character of downtown. <br /> Key#2: Continually strengthen the "destination"of <br /> downtown, ensuring that it is a place that will naturally draw <br /> people year round. <br /> The volume of quality businesses in Pequot Lakes has created a "destination effect". Due to the <br /> number of businesses, retail shoppers tend to park and then visit all of the businesses available to them. <br /> Each time a new quality business is added, the overall draw of the downtown expands. Accelerating the <br /> growth of new businesses will create success for all Downtown businesses. <br /> The "destination effect" is further enhanced by how public spaces are designed. Walkways and <br /> thoroughfares should be inviting to pedestrians. Shops should be pedestrian-oriented and scaled, <br /> creating an atmosphere conducive to destination shopping. Public spaces provide extra value when <br /> they encourage shoppers to wander from business to business, or to experience the downtown in an <br /> enjoyable way. <br /> Pequot Lakes Downtown Plan— Updated July, 2022 6 <br />
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