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Crowdfunding for Historic Redevelopment

October 11, 2021

Crowdfunding or the act of raising investment dollars locally within a community can be traced in North Carolina to the early 20th century and potentially even earlier. Many of our community’s most iconic buildings were developed with financing provided by local residents. In early 1921, a committee … Read more

Student Corner: Land Revitalization and Brownfield Grants

July 23, 2020

The Environmental Protection Agency’s Brownfields Program has the power to transform communities. Since 1995, the federal program has assessed over 30,000 properties and designated 92,000 acres for anticipated reuse. North Carolina has been working in tandem under state statute since 1997, and has i … Read more

Student Corner: Flexible Opportunities in North Carolina’s Brownfields Program

October 12, 2016

In the past the CED blog has explored the basics of brownfields programs in North Carolina, how they are administered and implemented, and their role in revitalizing communities. In this edition, we’re looking at two innovative facets of the state Brownfield’s program that were developed to better r … Read more

Follow Procedures Prior to Acquiring Property for Redevelopment

March 15, 2016

The Town of Renewville has ambitious redevelopment plans for several key—but tired and/or underdeveloped—properties along its Main Street. As we know from a prior post examining the limited situations in which a local government may discuss property acquisition in closed session, the Renewville town … Read more

Student Corner: Primer on Brownfields Redevelopment

January 15, 2015

The redevelopment of brownfield sites can be difficult. These sites, which are contaminated to some degree with harmful substances usually due to prior industrial use on the site, pose challenges to redevelopment beyond those of a typical project. However, the reuse of these sites can be a boon to e … Read more

Sale of Historic Structures by NC Local Governments for Redevelopment

December 16, 2014

Almost ten years ago, in the town of Bushwood, North Carolina, the “generous” owner of the historic textile mill building just off Main Street donated the property to the town (it was difficult to maintain and the owner didn’t want to pay property taxes on it any more). The town accepted the propert … Read more

Acquiring real property for redevelopment—can local governments keep it confidential?

June 17, 2014

The town of Renewville wants to improve the look of its downtown Main Street, which is pocked with poorly-maintained commercial buildings. The Mayor has had his eye on a few key properties on Main Street, which, if redeveloped, would transform the look and feel of downtown, perhaps spurring addition … Read more

How a North Carolina Local Government Can Operate a Land Bank for Redevelopment

March 18, 2014

If America’s cities and towns are to realize their greatest potential as attractive and welcoming places—and as drivers of the new American economy—they must be able to repurpose their vacant, abandoned and foreclosed properties. Those properties—whether the product of the current foreclosure crisis … Read more

Student Corner: Historic mill redevelopment — Monroe Hardware Warehouse (Monroe, NC)

March 8, 2013

Historic and Mills Bill tax credits have been important tools for redevelopment across North Carolina. A recent post (here) profiled the use of historic credits on a redevelopment project in Durham, NC. Redevelopment of an historic structure can serve as a catalyst for revitalization and economic de … Read more

Student Corner: 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 … Read more