Downtown Idea Exchange

Each month downtown leaders turn to Downtown Idea Exchange for practical news reports, how-to information, and hundreds of real-world examples of how downtowns are growing and prospering.

 


Incubator brings everyone together to boost business

May 1, 2020
Twenty start-ups are headquartered at the Innovation Hub in Haverhill, MA, the newest business incubator established by the University of Massachusetts.  Start-ups receive access to shared co-working space, conference rooms, and the university’s secure, high-speed wireless network. In addition, the incubator is home to the Greater Haverhill Chamber of Commerce and the Service Corps of…To read more — login/subscribe

 

Cultural festivals first step in economic development

May 1, 2020
Global City Norwich is taking a multi-year approach to downtown revitalization and filling vacant commercial space. It all starts with welcoming the many diverse communities in this Connecticut city. Global City is a unique revitalization model, says Robert Mills, president of the Norwich Community Development Corporation. “Instead of starting off by just addressing empty storefronts…To read more — login/subscribe

 

Downtown Idea Exchange, May 2020

May 1, 2020
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Global pandemic creates challenges, disruption for downtowns

April 1, 2020
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 as the global pandemic spread. “Will we come back? Absolutely,” says Dewitt Peart, president of the Downtown Austin Alliance in Austin, TX (est. pop. 964,243). However, Peart…To read more — login/subscribe

 

“Support Your Neighbors” and other initiatives aid downtown businesses

April 1, 2020
When the coronavirus closed downtown Wilmington, NC (est. pop. 122,610), for business, Ed Wolverton thought back to the city’s hurricane of 2018. In the aftermath of that disaster, he telegraphed the message that downtown was open for business. In this latest shock, he delivered the same news, but with a twist. Wolverton, president and chief…To read more — login/subscribe

 

Strategies to help downtowns survive the downturn

April 1, 2020
The coronavirus pandemic has hammered downtowns. While the duration of this disruption is unclear, the impact of coronavirus will be broad, deep, and unrelenting. Even so, downtown leaders must carry on. Economic development professionals suggest a range of strategies for supporting at-risk businesses, protecting the downtown’s market position, and growing the local economy in the…To read more — login/subscribe

 

Slow time presents opportunity to address nagging issues

April 1, 2020
The coronavirus pandemic forced downtown activity to grind to a halt. What now? Take advantage of the pause to address some long-neglected tasks. Downtown leaders say they’re tackling these chores: • Upgrading physical spaces. Do your offices need a fresh coat of paint? Are downtown benches and bathrooms in need of repairs? The slowdown presents…To read more — login/subscribe