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Legal and Business Reasons Why Downtown Development Programs Should Involve Secured Loans—Not Grants

September 19, 2017

Dr. Blaine Beeper is a retired hospital administrator who was recently elected to council in the Town of Bushwood. Dr. Beeper thinks he has figured out how to jumpstart revitalization of Bushwood’s historic downtown. He proposes for the Town to offer annual cash grants to any owner who redevelops a … Continued

An Innovation District in Downtown Durham: Will It Mean Gentrification? Not Necessarily…

July 13, 2017

On March 16, 2017, Longfellow Real Estate Partners, in partnership with Duke University and Measurement Inc., broke ground on the first phase of new construction on the Durham Innovation District, or Durham.ID, in downtown. Durham.ID describes itself as “1.7M square feet of possibility nestled among … Continued

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

Library Living? Integrating a library into a mixed-use development

August 25, 2016

Would you ever want to live and shop on top of or next to your library that is part of a mixed-use development? Cities looking to catalyze on a library’s energy and flow of people could consider the development of a library as a component in a mixed-use project, which is development that integrates … Continued

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

A Guide to Value Added Alleys for Small Towns and Cities

July 14, 2016

Alleys, in the American context, are cramped spaces tucked behind commercial buildings that house the ancillary services businesses and households require such as trash removal, utility access, and deliveries. Glimpsed only momentarily by passing pedestrians, these spaces are often perceived as dirt … Continued

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

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

Cash Grants for Real Estate Developers without Competition for Jobs—A Constitutional Quandary

September 15, 2015

A local real estate developer, Al Czervik, proposes to construct a mixed-use development with residential, office, and retail space. The city council likes the development plan because it is consistent with the council’s vision for the area. Czervik, seeing incentives being offered to convince compa … Continued

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