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The Right Crowd: How Two Entrepreneurs Creatively Financed a Craft Brewery in Asheboro, NC

October 23, 2014

A previous CED blog post analyzed securities law as it relates to crowdfunding, in which businesses use mass marketing and web-based platforms to raise investment capital from many investors in small amounts, with each investor becoming a share owner in the business. Another post described a differe … Continued

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

The Potential Impact of Baby Boomer Housing and Community Preferences on Downtown Revitalization

April 17, 2014

Downtown redevelopment to attract talented Millennials has become an important and popular economic development policy in many cities across the country. By now it is almost common knowledge what it takes to attract talented Millennials to your town or city: walkable, diverse and vibrant neighborhoo … Continued

Land Banks in Action: Genesee County, Michigan

March 20, 2014

A previous post by Tyler Mulligan explained how local governments can utilize land banks to address vacant, abandoned, and tax foreclosed properties in their community.  This post provides an example of a successful land bank in Genesee County, Michigan – home to the city of Flint – and discusses ke … Continued

An environmental finance option that will take your breath away

October 22, 2013

I spent part of this past October weekend among a huge crowd of families enjoying a wonderful combination of North Carolina fall weather, fun, food, entertainment, educational activities, and adventure activities.  Must have been the NC State Fair, right? Actually while the description may hold, the … Continued

Connecting Growth to Downtown Revitalization

July 11, 2013

Vacant buildings, condemned residences, underutilized commercial property – all are familiar characteristics of many downtowns throughout eastern North Carolina’s small towns.  Ironically, these characteristics are becoming all too familiar in towns experiencing tremendous growth. Within one North C … Continued

Historic Landmarks & Market Rate Housing Opportunities

April 11, 2013

  A historic, downtown building on Main Street has been vacant for the last 30 years. Once an iconic hotel for the Town, today the building is empty, other than a few occupied tenants filling retail space on the ground floor. The small Town has a tier 1 designation and is working hard to suppor … Continued

Breweries and economic development: A case of home brew

April 5, 2013

Something is brewing in small towns throughout North Carolina. Far outside the city limits of Beer City U.S.A. (also known to North Carolinians as Asheville), craft breweries are opening up in and around distressed downtowns throughout the state. Part industrial facility, part retail space, part bar … Continued

Historic mill redevelopment — Renfro Mill (Mt. Airy, NC)

March 21, 2013

As has been described in previous posts (here and here), Historic and Mills Bill tax credits have been important tools for redevelopment across North Carolina. Redevelopment of an historic structure can serve as a catalyst for revitalization and economic development in communities of all sizes. Mill … Continued

Downtown Redevelopment-Rocky Mount’s Douglas Block

February 13, 2013

Over the last 20 years, the City of Rocky Mount has struggled to attract private investment into downtown. The Douglas Block project in Rocky Mount is an example of city-led redevelopment using creative financing to catalyze development in a distressed area. Rocky Mount is located roughly one hour e … Continued