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.
Great DSM Hot Air Balloon Hunt
Greater Des Moines (DSM) residents were encouraged to search for fun surprises in the Downtown DSM throughout two winter weekend evenings on Friday, Jan. 22 and Friday, March 5. Glowing hot air balloons were being stationed in different locations throughout Downtown for an hour-and-a-half each night. Residents were invited to follow The Partnership’s social media channels so that they were first to know about the balloon locations.
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!
Downtown Los Angeles (DTLA) Recovery Compass
The DTLA Recovery Compass was a multi-wave tracking study, surveying downtown stakeholders on a range of issues, trends, and sentiments about the COVID-19 pandemic and its impacts on Downtown Los Angeles. A total of eight survey waves, each with 200-300 responses, were collected throughout 2020. The survey was promoted via the DCBID email distribution list and paid, targeted advertising on Facebook and Instagram.
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!
Small Business Disaster Relief Forgivable Loan Program
Recognizing the significant economic impact of the COVID-19 pandemic on our local businesses, the BBCRA Board approved the creation of the Small Business Disaster Relief Forgivable Loan Program (SBDRLP) and the allocation of $1 million in program funding. Using these funds, the BBCRA provided eligible businesses a forgivable loan of up to $10,000 to offset costs associated with utility, payroll or inventory expenses.
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!
Advancing Places: From Pop-Up to Permanent
In this session, learn how three different organizations are incubating businesses in a pop-up environment to create immediate buzz and interest, potentially leading to long-term tenants in their district. First you will learn how one organization leveraged the districts available space to lure in burgeoning locals and international mega brands, health and wellness providers, cultural organizations and emerging culinary entrepreneurs, through a newly realized, expansive pop-up program.
Read MoreAdvancing Places: Developing, Reporting and Communicating Annual Progress
Communicating the progress occurring in your district annually can come in many forms. Join this session and learn from three UPMO leaders who are gathering data and creating a benchmark for tracking development, investment, housing, and other areas of importance. These reports are used to better understand the current state of their downtowns and to help determine priorities and action steps. Learn how sharing the results can elevate your credibility and attract new investment.
Read MoreAdvancing Places: Building on Recovery for Urban Place Management
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?
Read MoreAdvancing Places: Connecting with Downtown Neighborhoods
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.
Read MoreAdvancing Places: Real Estate Tools and Incentives for Investment and Attraction
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.
Read MoreAdvancing Places: Understanding Your Place in Economic Development
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.
Read MoreAdvancing Places: Housing Attainability
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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