Wake Forest Renaissance Plan - September 2017


2017 R ena i s s anc e P l an U pdat e | T own of W ak e F or e s t

3.4 Ripe & Firm Analysis

opportunity or ripe. This analysis was used to identify areas both likely and unlikely to change. Often, there are areas that are not clearly one or the other and are identified simply as opportunities. The results of this analysis are shown in Figure 3.4.

Prior to creating the master plan, a ripe and firm analysis was conducted on all parcels in the study area. To complete this analysis, a walking or windshield survey was conducted for each parcel and the development that occupied them. Each parcel was classified into one of three categories: firm,

Firm »» Existing multi-story, mixed-use building with historic character and architectural significance, built up to the street with active ground floor uses »» Fully occupied with tenant mix that supports vibrancy

Opportunity »» Underutilized property, but currently occupied with an active business »» Current use is not conducive or additive to a vibrant and walkable downtown »» Classified as an ‘opportunity’ because the parcel would have a more positive impact on the success of the downtown with a highly active use, such as a restaurant, market or brewery

Ripe »» Vacant parcel at the edge of the downtown historic core »» Not currently utilized for formal

parking and is well-suited for a variety of significant development opportunities

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