Downtown Mesquite, TX (est. pop. 142,874), positions itself as a destination for authentic local flavor. But the small business owners who contribute to the historic heart of the city don’t always have a sophisticated grasp of business management or how to tap into the resources that will help them succeed. To address this reality head-on,…To read more — login/subscribe
In Birmingham, AL (est. pop. 209,294), a downtown group is encouraging economic growth through porch parties, a street market for vendors, and pop-up space. REV Birmingham has been focusing on redevelopment of the Woodlawn neighborhood, a historic area located just east of downtown. From April through October, Woodlawn business owners and residents host monthly porch…To read more — login/subscribe
REV Birmingham provides guidance and a small stipend to encourage local residents and business owners to host Porch Parties and spur entrepreneurial growth. It’s easy says the organization: • Choose a 2nd Tuesday between April and October. • Invite your Woodlawn neighbors, family, and friends. • Host a small gathering in your front yard, back…To read more — login/subscribe
The renovation of a handful of highly-visible homes is being cited as a driver of the economic turnaround in Millinocket, ME. The Northern Forest Center launched the Millinocket Housing Initiative in 2017 with the goal of renovating 10 properties and providing housing options for staff at nearby Millinocket Regional Hospital. As of October, the initiative…To read more — login/subscribe
Battle Creek, MI (est. pop. 51,505), is using generous incentives to attract tenants to its downtown district. Battle Creek Unlimited Inc. offers subsidies of as much as $200,000 to breweries and restaurants. New Holland Brewing Co. landed the first incentive; it used the money toward a $1 million renovation of an 18,000-square-foot building. The total…To read more — login/subscribe
Valerie Marmone once ran a clothing boutique in Sacramento, so she knows firsthand how hard it is to operate a retail business in an era of tight margins and online shopping. In her post-entrepreneurial career, Marmone works as vice president of business development at the Downtown Sacramento Partnership. In that role, she runs the annual…To read more — login/subscribe
In Dublin, GA (est. pop. 15,889), the city is using a land bank to take control of longabandoned buildings downtown. In Newburgh, NY (est. pop. 28,444), a land bank has rehabilitated dozens of dilapidated structures, many of which dated to the 1800s. And in Flint, MI (est. pop. 96,439), a land bank has demolished or…To read more — login/subscribe
Johnson City, TN (est. pop. 65,598), just launched free Wi-Fi service in its historic downtown. The Appalachian Regional Commission approved a $27,500 grant to the Johnson City Developmental Authority that paved the way for the Downtown Johnson City Free Wi-Fi Program, the News & Neighbor reports. The developmental authority will provide additional funds over two…To read more — login/subscribe
Once thriving, then struggling, High Point, NC (est. pop. 111,213), is on the rise again. Tens of millions of dollars of new investment are flowing into the city’s downtown. Among the new projects are a 4,000-seat ballpark for the Rockers, a team that plays in baseball’s independent Atlantic League. Other downtown projects include a condominium,…To read more — login/subscribe
Billions of dollars have flowed into funds focusing on opportunity zones, a new type of tax designation that waives capital gains taxes on investments in blighted areas nationwide. In April, the U.S. Treasury Department clarified some of the guidelines around opportunity zone investments, and the new regulations sparked optimism from tax experts. “These rules could…To read more — login/subscribe
