Knowledge Center

Economic Development

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.

Downtown 2.0, Livingston County Commercial District Assessment

September 28, 2020 Award

The Downtown 2.0 Commercial District Assessment, a comprehensive plan for the County and its nine downtowns, identified shared downtown challenges and established a set of clear strategies and tactics for the County to collectively address business attraction and sales growth, capital investment, and redevelopment.

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Unbranded

September 28, 2020 Award

Unbranded is an experimental pop-up shop showcasing the finest work of Dallas’ robust creative community. Sponsored by Downtown Dallas, Inc. throughout the past five holiday seasons, Unbranded brings together a unique, diverse group of vendors – typically local artists, artisans, and designers trying to expand their small, often online-only businesses – each year to provide a special, one-of-a-kind shopping experience for all Downtown residents, employees, and visitors.

We’d love for you to see this member-only resource to help make a difference in your district. Make sure you are logged in or join IDA to learn more about how members get sh*t done!

From Pilot to Pandemic: The [Fortuitous] Benefits of Understanding Your District’s Curb Usage

September 28, 2020 Best Practice

Downtown Santa Monica undertook a project to map our curb network to help us better understand the status quo and search for opportunities to adapt curb use for current needs in COVID. The resulting intelligence has been used to directly inform policy recommendations and facilitate conversations with stakeholders, beginning with a pilot to convert restaurant-adjacent metered parking into short-term loading zones during peak hours.

We’d love for you to see this member-only resource to help make a difference in your district. Make sure you are logged in or join IDA to learn more about how members get sh*t done!

The State of Cape Town Central City Report 2018: A Year in Review

September 28, 2020 Best Practice

The Report is intended to provide an accurate and comprehensive overview of the downtown economy, to encourage local, national and global investment in downtown Cape Town. The Report’s unique approach is that it not only gives a detailed breakdown (in numbers) of the main economies of the Cape Town Central Business District (CBD), as it is a year in review, it also identifies key themes that emerged and how the city and Big Business responded to them.

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Then and Now: An Analysis of Downtown Retail – Parts 1 & 2

September 28, 2020 Best Practice

The Downtown Vancouver Business Improvement Association’s (DVBIA) two-part series, “Then and Now: An Analysis of Downtown Retail”, quantifies and benchmarks retail in the DVBIA’s 90-block catchment between 2012 and 2018. Part 1 examines non-edible goods and services, while Part 2 examines the food and beverage sector. The reports identify retail mix, average annual growth rates, business openings and closings and the percentage of businesses operating for 10 years or more.

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Top Issues Council: Housing Attainability – How UPMOs Can Support A Diversity of Housing in Their Districts

September 24, 2020 Publication

Every community needs housing options that meet a diversity of incomes and lifestyles. The Housing Attainability Top Issues Council report demonstrates how urban place management organizations of all sizes and resource levels can play a role in encouraging more housing at a variety of price points and of varying styles.

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Downtown Denver Economic Trend Report

May 26, 2020 Sample/Template

This sample economic development trend report summarizes key economic benchmarks such as employment growth and commercial real estate trends.

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Downtown Houston Market Research Summary: Attracting Residents

May 21, 2020 Sample/Template

This sample research report was conducted to help The Houston Downtown Management District develop a “lifestyle profile” for downtown Houston. Through surveys of downtown workers and residents in downtown adjacent neighborhoods HDMD aimed to determine: 1. what was missing from downtown 2. which unique features of downtown are currently most important and 3. what would be most attractive to target audiences.

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The Changing Face of Economic Development: Land Use, Sustainability, and Housing

May 21, 2020 Presentation

Millennial demographics, internet-fueled lifestyles, and a sharing economy (rides, workplace) alter land use and tax generation priorities for cities. Retail is no longer just about retail, with “place,” authenticity, and “trips,” becoming the defining components of a successful town center. Concurrently, the state is driving cities to change land use processes based on climate control and affordable housing mandates, while providing development incentives through new incentives and

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Sharing Revenues and Increasing Tourism

May 21, 2020 Case Study

After years of discussion between local property owners, the City and the DCCP, a permanent stage was created. The stage is a result of a cost-sharing agreement between the City of Chandler and the DCCP. The City of Chandler’s maximum contribution was $250,000 for the project, and the DCCP’s contribution was $100,000. The DCCP’s contribution will be paid back to the City over a five-year period. The City will pay 25 percent of all stage rental fees to the DCCP for a period of 10 years.

We’d love for you to see this member-only resource to help make a difference in your district. Make sure you are logged in or join IDA to learn more about how members get sh*t done!