5c

Capital Budget

IMPLEMENTATION STEPS
The action plan describes the "what" and the "who" of the wide range of actions required to achieve the Preferred Future. The Implementation Mechanisms appendix provides a menu of the "how". The pace of change, the ability to continuously refine the action plan, and momentum toward full implementation will be measured by the timeliness and effectiveness with which key milestones are reached. The following milestones appear to be the most strategic, the most catalytic. Success in reaching each of these milestones will breed further success; failure to reach success will diminish prospects for further success. There are a number of milestones which must be reached in the next few years (certainly within a five year period) in order to maintain momentum on the Steady Progress Implementation Path. Additional milestones must also be reached in short order (again, within five years) if the Rapid Implementation Path is to be attained. Failure to reach these elements over a lengthy period of time will increasingly push the Corridor toward the nominal support path of minimal levels of implementation. You may click on the milestones listed below for a more complete descriptions.
Near-Term Milestones to Sustain Momentum on the Steady Progress Implementation Path
	1.	Local Community Buy-In
	2.	Official Endorsement of the Preferred Future and the Action Plan
	3.	Business Improvement District Success
	4.	Neighborhood Association Success
	5.	Downtown Investment
	6.	Initial ITS Success
	7.	Initial Transit Success
	8.	Initial Streetscape Success
	9.	Zoning and Regulatory Changes
	10.	Improved Prospects for the Regional Economy
	11.	Continued Transportation Funding to the Region
	12.	Continued State Policy on Urban Revitalization

Additional Near-Term Milestones For the Rapid Implementation Path
	1.	Regional Community Buy-In
	2.	Development Community Buy-In
	3.	Corridor-level Identity and Coordinated Promotion
	4.	Supplemental Funding
	5.	External Events that Heat Up the Regional Economy
	6.	TDM and Parking Management Changes
	7.	Adoption of Property Assembly Tools
	8.	Pursuit of Boulevard and Transit Lane Elements