DOWNTOWN ECONOMIC DEVELOPMENT
PROGRAMS IN COLLEGE TOWNS
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Charlottesville, VA |
Athens, GA |
Anne Arbor, MI |
Boulder, CO |
Urbana-Champaign, IL |
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Name |
Charlottesville Downtown Foundation |
Athens Downtown Development Authority |
Anne Arbor Downtown Development Authority |
The Downtown Management Commission |
Urbana Business Alliance |
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Website |
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Originated |
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Formed by the state legislature in 1977 |
1982 |
1988 |
See attached articles |
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Form |
Non-profit corporation |
Authorized by state and local legislation |
Quasi governmental agency |
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Funding |
Public-private |
District Tax $50K Parking Mgmt Fee $85K Event Funds-$60K Private $100-150 K Membership $100 per $10K |
TIF (tax increment financing) portion of the tax on the assessed value of real and personal property located in the Development District that is due to new construction and improvements to existing buildings. Only applies to taxes levied on initial property assessments and excludes the assessed value growth in property value resulting from inflation. Parking is the other source. |
Public-Private |
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Overall Responsibilities |
Ø Economic Development Ø Downtown Events |
Ø Economic Development Ø Downtown Events Ø Parking Ø Promotions |
Ø Improvements to existing and proposed public open space areas, pedestrian/bicycle linkages and transit system Ø Construct parking facilities to support existing and new developments Ø Participate in programs to stimulate new, converted and renovated housing Ø Participate in efforts to encourage mixed-use developments in conjunction with public improvements Ø Make available for development lands previously acquired by the City Ø Participate in efforts to encourage the expansion of retail businesses. Ø Assistance with lobbying for important downtown issues, such as amendments to the city ordinance on sidewalk vendors, panhandling, etc. |
Ø Economic Development Ø Parking Ø Appearance Ø Safety Ø Promotion |
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# on Board |
36 members, with representatives from the City, the County, the Downtown, as well as at-large members of the community |
7 members, appointed by county commissioners |
12 members, Mayor or City Administrator, resident of DDA district, majority of members must be downtown property owners or people who have an interest. |
5 member commission appointed by the City Council. 3 members must own real property or represent owners of real property n the Downtown Boulder area. Two appointees are citizens from the community at large.
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11 |
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Separate Merchants Association? |
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Athens Downtown Council |
Main Street Area Association State Street Area Association Kerrytown District Association South University Area Association |
Yes. The Hill Alliance |
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Budget |
$136,000 |
$187,952 |
TIF $2.8M; Parking $10M |
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Staff Positions |
Executive Director Full-Time Admin Asst |
Executive Director Full-Time Admin Asst/promotions person |
Executive Director Deputy Director /Admin.& Fiscal Mgr. Project Manager
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Executive Director Secretary |
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Population of City |
78,000 |
100,000 |
114,000 |
150,000 |
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Size of Downtown |
150 shops, restaurants and bars (they call bars “entertainment spots”) |
15 Blocks |
67 city blocks (approx. 271 acres) |
35 block area with over 160 shops and 80 restaurants as well as business offices |
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"Main Street" City? |
No |
Yes, 1981 |
No |
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Loan Programs |
Ø Commercial Rehabilitation Loans ($10K or 20%) Ø Mixed Use Rehabilitation Loans ($20K or 20%) |
No. |
Ø $12,500 grant to each of the four downtown associations plus provide for one member of each association to attend the Int’l Downtown Association conference. |
Ø |
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City Development Office |
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Yes, handles industrial development. |
No. |
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Marketing Properties |
Maintains a list of available properties for sale and lease; will post on website in near future |
By ADDA and local realtors |
Property owners list them with one of several real estate firms. |
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