Economic Pause Creates Opportunity for Infrastructure Improvement
April 30, 2020
With their disruptions to traffic flow and parking, construction projects are the bane of downtown leaders. In a rare bright side to the coronavirus pandemic, some downtowns are using the economic pause to accelerate infrastructure improvements. In Pensacola, FL, Gulf Power has accelerated work on an $83 million project to improve the downtown power grid.…Continue reading
As the coronavirus pandemic closed downtowns across North America, downtown Detroit’s biggest landlord tried something different. Bedrock, a major property owner in the struggling city’s commercial core, told tenants it wouldn’t collect their rent. The most generous rent forgiveness terms go to small businesses, while bigger companies can get smaller breaks. "It is going to…
April 16, 2020 — While downtown restaurants have been severely impacted by efforts to fight the coronavirus, two cities have gotten creative. In addition to offering take-out and delivery services, special partnerships are helping. In New Orleans, a supermarket chain is stepping up to offer support to struggling downtown restaurants. Rouses Markets is testing a…
Downtowns are positioned to rebound strongly from the coronavirus pandemic. When that rebound might occur, however, is uncertain. That’s according to downtown leaders interviewed by Downtown Idea Exchange newsletter as the global pandemic spread. "Will we come back? Absolutely," says Dewitt Peart, president of the Downtown Austin Alliance in Austin, TX. However, Peart and others struggled to…
Downtown leaders must find ways to help businesses through these tough times. Local governments and downtown organizations may be facing their own economic pressures, so increasing loan and grant money may not be an option. But reduced business fees, free peer counseling, help with advertising, and keeping business owners informed about funding sources can help.…
The impact of Coronavirus will be big, deep, and constantly in the news, but downtown leaders must carry on. Interviews with economic development professionals and others suggest a range of strategies for supporting at-risk businesses, protecting the downtown’s market position, and growing the local economy in the months ahead. In this and future eNewsletters, we…
The town square of Athens, AL, boasts a century-old courthouse, bustling restaurants, and a church. Successful events such as a farmers market and a concert series are staged in the historic downtown. Incongruously, downtown Athens was also home to expansive thoroughfares seemingly designed for high-speed suburban traffic, not for a quaint downtown. "We had very…
As Hurricane Florence loomed in September 2018, downtown leaders in Wilmington, NC, had plenty of time to prepare. Downtown Wilmington Inc. canceled a commercial property showcase and collected cell phone numbers from downtown merchants. Workers took down street banners, removed hanging flower baskets, and scoured the downtown district for trash can lids, recycling receptacles, and…
In Lakewood, CO, a four-mile long art trail is winning kudos for bringing new energy to a long-neglected neighborhood. The 40 West ArtLine includes 70 works of art, among them interactive sculptures, murals along the walking and biking path, and installations on fences that border the ArtLine. Modeled in part on the Boston Freedom Trail,…
Pratt Street is a brick thoroughfare in the heart of downtown Hartford, CT. For all its promise, Pratt Street long has been bereft of pedestrian traffic. When the mayor proposed closing the street to cars, downtown leaders countered that further reducing activity on the street was the wrong approach. Instead, the Hartford Business Improvement District…