FV 2040 Community Vision LUP - Adopted 7-11-2022

Summary of Impacts to Town Infrastructure Associated with the Future Land Use Map Inside Town Limits

that will help manage the timing, location, and magnitude (length and size) of expensive infrastructure investments. The Town should prioritize infill development and redevelopment within its existing service areas to manage large- cost infrastructure expansion unless it supports clear economic development goals for the Town. With limited resources, the Town may also need to prioritize capital project funding and programming in future years to 1) encourage growth and development in some areas of the community, 2) manage limited resources across several departments to be more impactful with intended outcomes, and take advantage of potential economies-of-scale, 3) incentivize development in new or improved areas depicted on the FLUM, and 4) help link neighborhoods with destinations in new or improved activity centers, create new public spaces between them, and generally support the overall transformation of some areas in the community from a more automobile- oriented, suburban character to a more walkable and vibrant environment. Market activity and private investments in Fuquay- Varina will help drive the need for capital projects within defined investment tiers, and especially for improvements in the spaces around, between, and adjacent to buildings (i.e., the public realm). Coordinating investments in public spaces — public and private — offers the opportunity to significantly influence the form and function of Fuquay-Varina and create a positive sense of place for the community. A Priority Infrastructure Investment Areas Map for the Town is presented on page 113 of the Plan. It will help officials manage the amount and timing of new infrastructure needed to support future (re)development in the community — understanding finite resources are available to expand infrastructure capacity and, in many cases, infrastructure projects may take ten- to twenty-years to build out when accounting for the time needed to plan, design, fund, and build large projects. Service providers should count on the location and distribution of development change or intensity

depicted on the Future Land Use Map and the Priority Infrastructure Investment Areas Map to prepare their own long-range master plans and programs, or phase infrastructure improvements to keep pace with development. A description of seven different investment tiers depicted on the Priority Infrastructure Investment Areas Map, and the intentions of each to manage future development, follows: Tier 1-D: Priority Investment Area, Downtown An area identified as high-priority for new or improved infrastructure, which will provide new capacity in existing service areas to keep pace with infill development and redevelopment envisioned for downtown on the FLUM. Continued investments in this area should maximize return- on-investment potential for the Town, and offer several public-private partnerships to improve the public realm — the space between buildings — during the development entitlement process. Infrastructure investments in this area should keep pace with changing economics, evolving technologies, and aging-infrastructure. Advancing infrastructure investments in these areas should be considered to incentivize concurrent investments by developers or private property owners. Specific projects should be considered that might transform areas of downtown into more walkable and vibrant places. Tier 1-JP: Priority Investment Area, Inside Judd Parkway Loop An area identified as high-priority for new or improved infrastructure, which will provide new capacity in existing service areas to keep pace with infill development and redevelopment envisioned inside Judd Parkway on the FLUM. Continued investments in this area should maximize return- on-investment potential for the Town, and offer several public-private partnerships to improve the public realm — the space between buildings — during the development entitlement process. Specific projects should be considered that might transform areas inside Judd Parkway into more

2021 Base Condition

2040 Planning Horizon

Full Build-Out Potential