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.

Project Downtown: Celebrating 10 Years of Implementation

September 28, 2020 Award

The Master Plan for Wichita is a 15-year community vision and blueprint for development in downtown Wichita, KS. The plan was adopted in December 2010 and has served as the community’s north arrow since then. The plan was founded on market economics with industry experts providing sound economic forecast information for commercial and residential development. Since then, the market potential in each of the real estate sectors has been frequently updated for accuracy.

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 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.

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 St. Pete Development Guide

September 28, 2020 Award

Not only a economic benchmark report, this documents delves into topics such as the adjacent residential neighborhoods and education. It was designed to memorialize our progress as an urban center and provide a road map to our community leaders for thoughtful growth into the future. Through our research in this project, we were able to forecast public and private investments approaching $8 billion will be spent in our city center.

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!

LiveNFK

September 28, 2020 Award

LiveNFK is a combination of professional development seminars and social events that showcase Norfolk’s vibrant culture. Each of the activities is designed to help make a compelling case as to why Norfolk and the region is a fantastic place to live, work and stay.

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!

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!

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.

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.

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!

P.U.M.A.’s Global Trends Report: Pandemic July 2020 Update

September 24, 2020 Publication

In late 2019, P.U.M.A. and IDA jointly released the 2020 Global Trends Report highlighting opportunities arising from converging shifts in demographics, lifestyles and a new category, “disruptive forces,” that are shaping our cities. Little did we know that months later we’d be in the midst of the disruptive events of our lifetimes – the pandemic that has wreaked havoc on public health and economies, and the American protests for racial justice that could accelerate dramatic social

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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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