The Downtown Infill and Redevelopment Process
The Downtown Infill and Redevelopment Process is useful in enticing vision-consistent developers to invest in the downtowns of small cities and towns. The process is a defined set of steps and activities used by successful small cities and towns to support private investment on main street or nearby. The concept is based on the idea that the town will invest, or otherwise support, private development and be ok with the investors making a profit. The development needs to be consistent with the town’s vision and it needs to be performance based. It also needs to be for the pioneer, the first investor willing to take a risk to prove a market. Once the market and the concept have been proven, subsequent investors and developers are on their own. The city’s role is to help the first developer establish the precedent that can be exploited by subsequent vision-consistent projects. Make the statement up front that the incentives are not for everyone who comes along, just the pioneers.
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