===== PDF PAGE 7 ===== [Extraction: embedded PDF text] CITY OF WEST CHICAGO DOWNTOWN REVITALIZATION COMMISSION AGENDA ITEM SUMMARY ITEM TITLE: Approach to (Re)Development AGENDA ITEM NUMBER: 5 Incrementalism vs Highest and Best Use COMMISSION AGENDA DATE: 05-27-26 STAFF REVIEW: John Sterrett, Interim Director of Com- SIGNATURE __________________________ munity Development ITEM SUMMARY: As the Commission continues discussion on ways to revitalize the downtown, members should con- sider two distinct frameworks in guiding (re)development activity in the downtown: Incrementalism and Highest and Best Use. Each of these approaches offers its own benefits as well as challenges. Incrementalism Incrementalism approaches downtown (re)development as the accumulation of many small, low-risk improvements over time. The unit of change is the individual storefront, parcel, or block face rather than the downtown as a whole. Typical activities include façade improvements, adaptive reuse of ex- isting buildings, small infill projects, streetscape and public space enhancements, tactical urbanism, and support for individual small businesses and property owners. Public investment tends to be mod- est in scale, recurring, and distributed across many sites. Highest and Best Use Highest and best use asks a simple question of each property: what is the most productive use this site could reasonably support? "Most productive" means the use that is allowed under the zoning, physically possible on the site, financially workable, and produces the greatest long-term value. Ap- plied to the downtown, the framework points toward larger, higher impact projects, for example, a mixed-use building replacing a surface parking lot, a multi-story development replacing an underused single-story commercial building, or the assembly of several parcels into a single larger site. The premise is that some properties are performing well below their potential, and that redeveloping them at a higher intensity produces outsized benefits for the district. Public participation under this approach is generally concentrated in fewer, larger commitments, often including tools such as TIF, tax abate- ments, or land assembly. REQUESTED ACTION: At the next meeting on May 27th, commissioners will be asked to discuss the advantages and disad- vantages of each approach and to begin identifying where in the downtown each might most appro- priately apply.