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7.0. HRSR 01-05-2004
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7.0. HRSR 01-05-2004
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City Government
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HRSR
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1/5/2004
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• <br /> Downtown Redevelopment <br /> _ Continued <br /> * Finance and Marketing <br /> ✓ Outline the criteria and scope of a Market Study which will, in part, <br /> help to identify viable business opportunities for the CBD <br /> ✓ Bring in an outside consultant, if determined necessary, to <br /> complete the Market Study within the scope identified <br /> ✓ Distribute the results of the Market Study to potential developers to <br /> attract specific businesses to the CBD <br /> ✓ Support the use of available financing tools such as TIF to aid in <br /> redevelopment of these identified sites <br /> ✓ Utilize the Internet to market and advertise the CBD to specific <br /> retail and other business uses which are to be identified within the <br /> Market Study <br /> ✓ Partner with financial institutions to establish programs, if <br /> necessary and appropriate, to implement action steps based upon <br /> results of the Focus Study and Market Study <br /> ✓ Create a positive method for ongoing communication with the <br /> Chamber of Commerce, Rivers Edge Downtown Development <br /> Corporation, and all CBD property owners regarding relevant <br /> issues within the CBD <br /> ✓ Support all groups efforts to coordinate retail promotions within the <br /> CBD <br /> ✓ Complete the redevelopment project at the corner of King Avenue <br /> and Main Street <br /> ✓ Work with CBD businesses to address parking needs and issues <br /> 1111 <br />
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