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.

Advancing Places: Building on Recovery for Urban Place Management

August 09, 2021 Video

As the COVID-19 vaccination rate increases, we are finally seeing more and more activity and vibrancy in our urban cores. What are the actions that UPMOs can take (or continue taking) to ensure that downtowns, city centers, and urban districts can recover more strongly?

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Advancing Places: Connecting with Downtown Neighborhoods

August 09, 2021 Video

We often inherit a complicated relationship with the neighborhoods adjacent to the traditional downtown core. Those adjacent neighborhoods are sometimes very different in history and composition – the buildings are likely older, the land is less developed, and the community less affluent. The neighborhoods may be separated from downtown by historic and political barriers, including racist and exclusionary policies and years of broken economic development promises.

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Advancing Places: Real Estate Tools and Incentives for Investment and Attraction

August 06, 2021 Video

For professionals in urban place management and economic development, there is a need to understand the different types of real estate tools and incentives to attract investment and businesses to your district. This session will outline the basics of tax increment financing (TIF), rebates, historic tax credits, new market tax credits, opportunity zones and various type of grants.

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Advancing Places: Understanding Your Place in Economic Development

June 30, 2021 Webinar

Knowing where your organization fits into the overall economic development strategy of your community and knowing your role is important. Join us as this experienced panel of place management and commercial real estate professionals share insights and tips on how to navigate your community as well as the real estate development community to create a win-win in bringing business to your district.

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Advancing Places: Housing Attainability

June 30, 2021 Webinar

Every community needs housing options that meet a diversity of incomes and lifestyles. Downtowns, city centers and neighborhood districts throughout North America are working to make attainable housing a reality for people seeking an urban lifestyle. 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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Advancing Places: The Future of the Office

June 30, 2021 Webinar

The pandemic-induced work-from-home experiment has altered perspectives on work, flexibility and the office. When COVID-19 is no longer a lingering health concern, workers will not be expected to come into the office for tasks that can be done from anywhere. What purpose does the office serve in the future and how will that purpose impact the way occupiers think about their portfolio footprints, location strategy and office layouts?

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Advancing Places: Capital Market Insights, Real Estate and Economic Forecast

June 30, 2021 Webinar

The pandemic-induced work-from-home experiment has altered perspectives on work, flexibility and the office. When COVID-19 is no longer a lingering health concern, workers will not be expected to come into the office for tasks that can be done from anywhere. What purpose does the office serve in the future and how will that purpose impact the way occupiers think about their portfolio footprints, location strategy and office layouts?

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Advancing Places: Creating Customer Loyalty

June 30, 2021 Webinar

Now more than ever, downtown and neighborhood district organizations are looking for ways to support local businesses and encourage consumers to shop locally. Communities across the country are implementing “shop local” campaigns. Join this webinar and learn from two practitioners, one who has experience maintaining an existing program gift card program for over ten years and another who is in the process of launching a new district gift card program. Come prepared to learn from their

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Advancing Places: Small-scale Manufacturing

June 30, 2021 Webinar

Shared spaces for businesses in downtowns are key to reviving a local economy, jumpstarting new businesses and putting people back to work. These spaces also help to break down racial barriers between business owners, creating targeted actions to better support black-owned businesses and other owners of color. Inclusive shared spaces, both formal or informal, in newly vacant storefronts are an essential ingredient to maintain our places and build a stronger, more resilient local economy.

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Advancing Places: Small Business Support Services

June 30, 2021 Webinar

During these challenging times, public-private partnerships are more important than ever before. Small businesses and micro-enterprises are facing unprecedented economic pressure. Hear from three different organizations and learn about the support services, resources and investments they are providing to their respective business communities. Come away with ideas to apply in your city.

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