2. If so, we will
need to go beyond
banners, blooms &
fancy streetlights.
3. Law of Retail
Gravitation
with transportation costs
being roughly equal, people
choose to shop at the place
with more (choice) and better
stores.
Malls & Big Box stores
clustered to bring customers
in from further away.
5. Creating your Revitalization Plan
•Intention and Vision
•Strategic Plan
•Role of Public Sector
•Make the Right Thing Easy
•Make the Wrong Thing Hard
•Establish Main Street/BID
•Invest in Catalytic Development
6. Evaluate your resources.
Every community has a
wealth of strengths and
talents — the problem is
too few communities
know what their
strengths and talents are.
7. R&D
=
Rip Off & Duplicate
Keep your eyes open there are good
ideas everywhere you can adapt for
your community.
8. Expanding and diversifying your Community’s
Economic Base
The Independent businesses matrix
Entrepreneurial
Tea Room Aquarium
Local Destination
Insurance Specialty Retailer
Lifestyle
9. Recruiting Compatible
New Businesses
Other tools for finding Businesses to Expand
your Community’s Economic Base
• Market Surveys
• Visiting similar communities
• Working with Small Business Development
Centers
• Look for regional business that have
already have at least two locations
• Be a resource for available space
10. History can be a guide.
Your Community’s
History Provides the
Foundation for
Redevelopment, but…
11. Embrace change!
Change, is the Fuel that Drives
a Community’s Revival
12. Why Historic Preservation is
Vital for Redevelopment
•The “Urban Renewal Model” of tearing
down and rebuilding was a failure.
•You can’t afford to build building like
they did in the past
•Federal & State Historic Tax Credits
bring strong ROI for Historic
Preservation & Adaptive Reuse
13. Encouraging Historic
Preservation on Main Street
•Code Enforcement is vital
•Require HP Guidelines on all projects using
State or Local Funding
•Make appropriate HP Guidelines for Main
Street
•Highlight good examples
•Avoid ersatz historic design on new buildings