A primary objective for place managers is fostering a healthy, sustainable, diverse and prosperous economy for the managed place. The place manager collaborates and works closely with various levels of local and regional economic development organizations, developers, real estate brokers, private firms, philanthropic foundations, destination management organizations, non-profits, and state and federal government agencies, while representing the specific and unique needs, challenges and trends of the managed place.
Additionally, the place manager will work to recruit and retain businesses, conduct market research, encourage a strong local workforce, maintain a diverse mix of commercial and residential development, and facilitate a built environment that is accessible for all users to live, work, play, visit and invest.
Selden Market is the latest initiative in Downtown Norfolk Council’s Vibrant Spaces program started in 2015. Located in the historic Selden Arcade that sits between Main and Plume Streets in downtown, Selden Market serves as Downtown Norfolk’s first retail incubator to help new and emerging businesses get established by providing six-month leases with significantly reduced rents. A handful of more established retail businesses with longer lease terms opened alongside the incubators to offer
Downtown Ann Arbor go!pass Program
In 1998, the Ann Arbor Downtown Development Authority (DDA) partnered with the area’s transportation authority (TheRide) and the local transit agency to create a commuter shuttle as a temporary solution for disruptions caused by construction. When construction ended, employees wanted to keep using the shuttle, as it was a friendly and efficient way to commute downtown. The DDA partnered with TheRide to implement the go!pass, a program that provides free shuttle service to downtown employees.
Ms. Stevens Goes to Montgomery: A Tale of Two Tax Credits
Despite inhabiting one of the oldest cities in America, Mobilians had been all too quick to abandon the architectural treasures that once lined the city’s charming urban grid. Instead of maintaining vacant buildings, many property owners chose to demolish them. The Downtown Mobile Alliance discovered that many surrounding states were offering tax credits, putting Alabama at a competitive disadvantage. It was clear they needed to convince the state legislature to approve the incentives if the
They exist in every city: those family-owned restaurants that serve great food, but lack a certain aesthetic appeal. Downtown Fresno Partnership staff were lunching at one such location and realized it wouldn’t take much to elevate the interior design to be on par with the food quality. Thus, the Restaurant Makeover was born, a competition among downtown Fresno restaurants where the grand prize winner earns cash and prizes to help remodel their downtown restaurant. The Partnership donated
TechConnect: Downtown Baltimore’s Tech Attraction and Retention Initiative
For the past several years, the Downtown Partnership of Baltimore (DPOB) has been both observing and actively promoting the growth of Baltimore City’s technology sector. However, by 2013 DPOB had noticed that while the tech sector was expanding citywide, much of the growth was taking place in neighborhoods adjacent to, but not within, the core of the traditional downtown where DPOB manages the Downtown Management Authority (DMA), a 106-block business improvement district. DPOB staff spent
Yaletown Area Dining Card
The Yaletown BIA (YBIA), a technology provider, and a member software company launched a “first of its kind in Canada” dining card program for the Yaletown neighbourhood, called “Lunch on Us.” This project was developed to generate new revenue for YBIA food establishments suffering from a sluggish economy while creating an impressive employee retention and recruitment tool for the software company. The software firm, also the card’s sponsor, pays 100% of the costs of the program, and supplies
400 E. Pratt Street – “P3”
The 400-block of E. Pratt Street is one of the most important blocks along Baltimore’s prestigious Pratt Street corridor. This block is at the heart — both geographically and symbolically — of Downtown Baltimore’s commercial and tourism economies, as evidenced by the nearly 14 million people who walk past the site each year. The 400 E. Pratt Street structure faced significant challenges, including coordination among multiple stakeholders, project partners, and funders as well as
DATA: An Innovative Way to Convey a Compelling Success Story
Town Green Special Services District (TGD) in New Haven, CT needed to communicate and present their data in a way that highlighted the accomplishments and vitality of their district. Obtaining presentable data was necessary in working to attract retail businesses and making decisions that would lead to more economic development. Chris Ortwein, the Director of Economic Prosperity, worked to ensure that data could be used as a business tool. Through demographic data models and the Retail Snapshot
Vibrant Spaces: Accelerating Neighborhood-Defining Businesses in Downtown Norfolk
Downtown Norfolk Council (DNC) established a committee to create more vibrancy and street-level businesses in downtown as well as develop a catalyst program to accelerate the vision. The committee recruited property owners who had available properties that could accommodate a vibrant and compatible tenant to the initiative. The property owner had to agree to lease the space at 50% market rate for two years and 75% market rate for year three. DNC would provide the selected tenant a $20,000
Finding Solutions to Parking & Access Challenges in Commercial Districts
Parking and access challenges rank as top concerns for BID stakeholders. Many districts lack parking, and also the ability to manage the inventory they do have. Plus, parking requirements can hamper development and leasing. This session will explore strategies to improve the parking experience by engaging with public and private entities. Learn about parking requirements and how different communities are amending them.