Retail

Downtown Shopping Districts After COVID: Rich with Opportunity!

How did COVID affect downtown shopping districts? What are the challenges faced by these districts, and what is already being done to address those challenges? Looking ahead, which changes are transitory and which are permanent? And what can Place Management Professionals do to position their district for success moving forward?

Retail is Changing Are You? Models to “Disaster-Proof” Our Districts

Brick and mortar retail, especially with the pandemic, is changing drastically but our downtown recruitment efforts aren’t keeping up. Moving forward, shared spaces, studio/retail mixes, pop up retail, a diversity of business owners–and an understanding that retail must be different to disaster-proof our districts–will be key to keep retail and businesses alive in our downtowns.

Planning for Retail Vitality in the Face of Changing Market Dynamics

Downtowns are struggling to address the retail challenges and trends accelerated by the pandemic, including changes in shopping habits and fewer downtown workers. Hear how two BIDs approached finding solutions that acknowledge hard truths and identify opportunities for action while working with stakeholders to resolve long standing policies and regulatory issues that stand in the way of downtown recovery.

Advancing Places: Retail Is Changing. Are You?

Brick and mortar retail, especially during the pandemic, is changing drastically but our downtown recruitment efforts aren’t keeping up. Moving forward, shared spaces, studio/retail mixes, pop-up retail, a diversity of business owners – and an understanding that retail must be different to disaster-proof our districts – will be key to keeping retail and businesses alive in our downtowns.

Advancing Places: Cementing UPMO Leadership Role in Economic Development

With businesses facing an existential crisis and municipalities cutting budgets in 2020, UPMOs were forced to take the lead on triage and recovery. This session will explain how the pandemic experience and crisis management can translate into a permanent and lasting role in economic development.

Downtown Strong Small Business Impact Fund

In March of 2020 Twenty-two thousand office workers disappeared. Three-million visitors vanished. Our local retailers were shuttered. If ever there was a time to get creative, this was it. The decision was made to create a small matching grant program with an initial budget of $10,000 from our marketing account. A brand, Downtown Strong, and logo were created, and we began to promote the opportunity to our downtown businesses and non-profits.

Lift Up Local

Lift Up Local is comprised of three smaller projects: Expanding sidewalks, a grant program, and a downtown voucher program. This Best Practices dives into the logistics and details of each component.

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.

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.

Advancing 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.

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

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?

Advancing Places: Creating Customer Loyalty

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 experiences and bring your questions to further the discussion.

Advancing Places: Small-scale Manufacturing

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.

Advancing Places: Small Business Support Services

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.

Advancing Places: Small Business Retail & Restaurant

Small businesses are pivoting and innovating through the COVID-19 crisis, advancing their online presence and customer outreach activities, and undertaking actions to enhance the appeal of their physical locations on the outside and within.

Advancing Places: Entrepreneurship and Retail Pop-Ups

With the pandemic lingering into the coming months, unfortunately we are all seeing vacancies pop up in our districts. Join this session and learn about how two downtown organizations and one economic development corporation worked with partners to create pop-up retail programs to recruit, train and assist entrepreneurs with starting a business.

Advancing Places: Holiday Retail Promotions

The holiday season is a crucial part of the year for many main streets and downtowns. Successful retail promotions can boost the economic development for all business owners and reconnect residents with local merchants. Join this webinar to hear from two district leaders on how they are transforming traditional holiday events into innovative activities that are well-received by both consumers and businesses. Come prepared to share with colleagues how you are navigating this unique holiday season.

Advancing Places: Economic Development Foundations

Successful economic development approaches can sustain a healthy, diverse and prosperous district economy. This session will explore major trends in economic development and see which approaches local leaders and officials are utilizing in their organizations. Panelists will explore the various stages of the economic development process and explore the myriad of practices associated with successful district economies. Regardless of your experience, walk away with an updated toolbox of financing tools and economic programs to strengthen your district through development agreements, tax credit programs, revolving loan programs and redevelopment initiatives.

Project Spotlight: Activating Retail and Real Estate in Your Community

Project Downtown, the master plan for Wichita, is a 15-year community vision and blueprint for development. The plan was founded on market economics with industry experts providing sound economic forecast information for development. The second project in this presentation is the Open on Main pop-up retail initiative which seeks to increase activity on Main Street, encourage more permanent tenants in the downtown core, and allow shop owners to test retail concepts and strategies.

Downtown-Adjacent Neighborhoods: Opportunities, Threats and the Current Moment

With the urban renaissance of the last two decades, many downtowns are now bordered by districts that have evolved either into extensions and/or competitors to the traditional core. In this session, panelists will explore the ways in which UPMOs have been addressing this phenomenon through the three ‘lenses’ of retail, connectivity and equity, while also placing it within the context of the ongoing COVID-19 crisis and other current events.

The Post-Pandemic Boom for Main Street Commerce

As we anticipate the economic recovery that will come after the COVID-19 pandemic ends, all signs point to the re-emergence of main streets as the place people will turn to for retail shopping and dining. A new generation of entrepreneurs will be eager to start a fresh chapter in their lives. This timely presentation will illustrate how well-managed and attractive downtowns offering the type of safe, experiential, and social interaction sought by all.

Join Grow with Google to Empower Your Community with Digital Skills  (Grow with Google)

You’re already doing great work in your community and Grow with Google wants to help. Grow with Google helps people across the United States gain digital skills to grow their careers and businesses. Join us to learn how you can gain access to presentation materials, resources and hands-on help from Grow with Google’s team, all completely free of cost.

Small Business Recovery

As a small business lender for more than 25 years and as a provider of economic development advisory services for more than 50 years, the National Development Council will provide a hands-on small business tutorial in two parts: what can cities do right now to get low-cost, patient capital to its small business community; and how cities can lay the groundwork for a robust small business community moving forward.

Maurice Jones Master Talk

With deep experience in both public and private sectors, Maurice A. Jones became LISC’s fourth President & CEO in 2016. He previously served as the secretary of commerce for the Commonwealth of Virginia, deputy secretary for HUD, commissioner of Virginia’s Department of Social Services, deputy chief of staff to former Virginia Governor Mark Warner and, during the Clinton administration, director of the CDFI Fund.

Dana Telsey Master Talk and Q & A Session

Dana Telsey, a thought leader and influencer in the world of consumer and retail, blends her Wall Street acumen with real-time insights into the trends shaping consumers’ purchasing decisions. In 2006, Dana founded Telsey Advisory Group (TAG), the leading consumer-focused research, banking, and consulting firm on Wall Street. As the rapidly changing consumer landscape forces companies, Boards of Directors, investors, governments and other stakeholders to rethink the consumer paradigm.

Bruce Katz Master Talk

Bruce Katz is the Founding Director of the Nowak Metro Finance Lab at Drexel University in Philadelphia. Previously he served as inaugural Centennial Scholar at Brookings Institution and as VP and director of Brooking’s Metropolitan Policy Program for 20 years. He is a Visiting Professor in Practice at London School of Economics, and previously served as chief of staff to the secretary of Housing and Urban Development and staff director of the Senate Subcommittee on Housing and Urban Affairs.

Open on Main

Open on Main offers no-cost retail space in the heart of the Downtown core to potential pop-up shop owners to test their retail concepts. The DMC negotiates with building owners to lease the space (below market rate) and then subleases to the shop owners at no cost in exchange for access to data on the effectiveness of their retail strategy, customer acquisition, and sales.

Unbranded

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.

Downtown 2.0, Livingston County Commercial District Assessment

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.

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

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.

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

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 change.

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

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 districts.

Developing a Retail Strategy

All downtowns are dealing with the changing world of retail and developing strategies for retention and attraction. Learn from Cherry Creek North, Downtown Memphis and Downtown OKC, three very distinct downtowns, as they discuss their respective approaches for filling vacant spaces and retaining and attracting retailers.   

Inclusive Place-Based Economic Development

In 2015, Charlotte’s downtown association, Charlotte Center City Partners, was invited by neighborhood advocates to catalyze a multi-year partnership effort to transform the Historic West End of Charlotte corridor. However, in West End, long-tenured residents and businesses threatened by rising property values feel this pressure acutely as they face predatory investors and find very limited affordable housing options for those who wish to move but stay in the neighborhood.

Looking for the Missing Middle

This session is devoted to one of our most challenging economic development topics—how to build middle-market housing in your downtown/urban community. Throughout the US, cities are struggling with this missing middle challenge. Without a solution, cities are left with high end luxury and low-end affordable housing. This panel brought together a developer, a public agency, and local planning expert to discuss middle income housing from three very different perspectives.

Driving Retail Growth with Holiday Pop Up Shops

With over 50,000 square feet of retail space available in a six-block radius, the Downtown Partnership of Colorado Springs, CO stepped in to attract new temporary, pop-up businesses during the holiday season as a means not only filling vacancies, but attracting customers to help preserve the retailers that still remained.

Developing a Retail Strategy

All downtowns are dealing with the changing world of retail and developing strategies for retention and attraction. Learn from Cherry Creek North, Downtown Memphis and Downtown OKC, three very distinct downtowns, as they discuss their respective approaches for filling vacant spaces and retaining and attracting retailers.   

Retail Apocalypse: Fact or Fiction

A presentation on the future of downtowns as retail and business centers in a post-online shopping world. Is the retail apocalypse coming or has the report of the demise of brick and mortar been greatly exaggerated? This presentation walks through the common myths and misconceptions around the changing retail landscape in an increasingly digital world.