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Student Corner: Retail Incubators and Main Street Revitalization: Part II

October 4, 2016

In Part I of this post, the CED blog introduced retail incubators and a program-based model that provides financial, educational and networking support for retail start-ups transitioning to brick-and-mortar stores. In Part II, CED examines the space-based model. Space-based retail incubators allow r … Continued

Student Corner: Retail Incubators and Main Street Revitalization: Part 1

August 18, 2016

Launching a retail business in a downtown storefront is a capital and knowledge intensive endeavor. Equally, Main Streets across North Carolina and the country are struggling to retain and attract vendors, with each new empty window display threatening the economic health of the street as a whole. I … Continued

Student Corner: The Economic Impact of Downtown Courthouses

December 10, 2015

In 2013, the 11-story, $119 million Durham County Courthouse opened. This 320,000 square foot structure is located on 510 South Dillard Street and is right next to the Durham Bulls Athletic Park and the Durham Performing Arts Center in downtown Durham. Government offices, homes, and businesses are t … Continued

Changes to Municipal Service District (MSD) Authority

November 10, 2015

[UPDATE: Additional changes were made in 2016. Those changes are summarized here: 2016 Changes to Municipal Service District (MSD) Authority] In the state budget bill, S.L. 2015-241, the legislature made a few changes to municipal service district (MSD) authority. An MSD is a defined area within a m … Continued

Student Corner: Downtown Schools & CED

September 24, 2015

A recent post on the CED blog discussed the relationships that make up a downtown public school. The Downtown School in Winston-Salem, NC demonstrates a school as an opportunity to add a level of vibrancy to the downtown area by mutually benefitting the students, parents, and myriad other organizati … Continued

DFI Case Study: Attracting Private Investment for the Redevelopment of a Downtown Parking Deck

August 20, 2015

The City of Wilmington, North Carolina, hired the Development Finance Initiative (DFI) in 2013 to conduct a pre-development process for the Water Street Parking Deck. The parking deck is an aging public parking facility prominently located in the city’s historic downtown on the Cape Fear riverfront. … Continued

Student Corner: The Downtown School

August 11, 2015

School may still be out for summer, but the CED blog is taking another look at the role that education plays in community and economic development. As earlier posts on teacher housing developments, downtown community colleges, an, most recently, the repurposing of historic school buildings have exam … Continued

Student Corner: Exploring Form-Based Codes

April 23, 2015

Form-based codes (FBC), an approach to zoning that emphasizes design over use, are an increasingly popular tool for municipalities to have in their repertoire as they consider shaping the future development of their communities and built environment.  FBC are becoming more widely adopted as cities a … Continued

Student Corner: Thinking Outside the ‘Big Box’

November 13, 2014

Retail development continues to be reliant on the anchor tenant, defined in the ICSC Glossary of Terms as the primary tenant and consumer draw in a mall or large shopping center that makes the overall development economically viable. Visit your nearest shopping center in Anytown, USA and these busin … Continued

Student Corner: Downtown Parks as Economic Development

October 16, 2014

Downtown revitalization takes many forms, and for some cities downtown parks are a major catalyst for redevelopment. From New York’s Central Park to Greensboro’s Central City Park, parks have not only provided open green space for recreation and community gatherings, but have also fostered interest … Continued