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.
Retail Strategic Plan
The City of Cambridge is experiencing rapid changes in consumer purchasing habits; in particular the growth in on-line shopping that impacts traditional downtown districts. The city realized that they needed to better understand these macro trends, and needed guidance to enable city staff and leaders, as well and the business community to develop best practice policy prescriptions that could be effectively implemented by the City and embraced by the community.
Downtown Rebirth Report
Downtowns, once shunned as empty, unsafe places at night, are now being redeveloped at higher density and are thriving after dark. Patrons of downtown regional destinations mingle with office workers and resident young professionals, empty-nesters, and, in many cities, an expanding number of families with children. The trends of diversification, densification, and adjacent residential revival are also occurring on and around urban colleges, universities, medical centers, and research parks.Read More
A groundswell of entrepreneurial and creative activity is changing Dayton. Over a series of townhall-style meetings and detailed work sessions, the Start Downtown initiative brought together more than 100 enterprising Daytonians to devise new strategies and grassroots projects to foster collaboration and connections between entrepreneurs and provide better support the creative culture rapidly emerging. Start Downtown won an IDA Excellence award at the 2018 IDA Conference.
2016 Quantifying the Value of Canadian Downtowns: A Research Toolkit
This toolkit is a groundbreaking effort to provide a downtown data standard, a common set of data and processes that will help Canadian place management organizations, such as BIAs/BIDs, establish and sustain evaluation and compare progress among downtowns. While this toolkit is geared towards Canadian downtowns, it also is of value for urban districts outside of Canada who are looking to move toward data standardization and data best practices. In the toolkit, organizations will findRead More
Top Issues Council: Achieving and Maintaining a Diverse Retail Mix
IDA’s Diverse Retail Council is publishing this report to help urban district managers understand where and how revitalization is happening and how to encourage retail diversity in their work. Urban place management organizations are uniquely suited to champion the diversity of their district’s retail offerings, while both affirming the authenticity of the place and focusing the market demand.Read More
Top Issues Council: How We Do Economic Development
Downtowns, as areas of rapid growth, have become key tools in the economic development arsenal. They have created the places where entrepreneurs and businesses want to work. This document chronicles and reports on the intersection of downtown management and economic development. Today, economic development has become a staple program of downtown organizations, and the variety of approaches to downtown economic development is immense, reflecting differences in downtowns and their communities.Read More
Top Issues Council: Nighttime Economy
After decades of decline and flight from center city districts and neighborhoods in North America, many cities central cores are enjoying a modern-day renaissance. Throughout this transition, urban place management organizations have employed a variety of strategies to attract investment and increase opportunities for the surrounding community. This report provides a guide for nighttime districts to regularly reference as they face and address challenges to supporting a nighttime economy.Read More
Demographic Inversion and Ethnic Sub-Markets
Some of the industry’s top retail experts outline what it means to have a diverse retail mix and how the demographic inversion of downtowns puts ethnically diverse retail at risk.
Downtown and the Green Rush Economy
Since legalization in 2013, marijuana dispenaries exploded onto the retail scene in Boulder. CEO of the Downtown Boulder Partnership, Sean Maher, walks through the impacts of legalization and shares successful legislation strategies for allowing them to integrate into the market without significant disruption.
Incubators – A Shot in the Arm for Your District
Leverage local talent and demand for coworking space to create a powerful entrepreneurial environment in your backyard! This presentation shares a number of initiatives for assisting startups and aspiring business owners.