DOWNTOWN ECONOMIC DEVELOPMENT
PROGRAMS IN NORTH CAROLINA
|
|
WILMINGTON |
SALISBURY |
WINTSON-SALEM |
DURHAM |
|
Name |
Downtown Area Revitalization Effort, Inc. (DARE, Inc) |
Downtown Salisbury, Inc. (DSI) |
Downtown Winston-Salem Partnership (DWSP) |
Downtown Durham, Inc. |
|
Website |
wilimingtondowntown.com |
downtownsalisburync.com |
dwsp.org |
downtowndurham.org |
|
Originated |
1976 |
1980 |
|
1993 |
|
Form |
Non-profit corporation |
501(c)3 Non-profit corporation |
|
501(c)6 Non-profit organization |
|
Funding |
Public-private |
Public
61% -- MSD Tax & Inventory Reimbursement
34% -- City Appropriation
5% -- Miscellaneous (interest, donations) |
Public-Private |
Public-Private |
|
Overall Responsibilities |
Ø Economic Development Ø Downtown Events |
Ø Economic Development Ø Downtown Events |
Ø Economic Development Ø Downtown Events |
Ø Economic Development Ø Parking Ø Appearance Ø Safety Ø Promotion |
|
# on Board |
36 members, with representatives from the City, the County, the Downtown, as well as at-large members of the community |
18 members |
38 members, with representatives from the City, the County, the Chamber, colleges, arts community, business alliances, and a wide range of businesses; 8 executive committee members |
41 members, made up of business, community and political leaders, elected in three classes for a term of three years
|
|
Separate Merchants Association? |
|
|
Initially, there was a Downtown Development Corporation and a separate Downtown Association; the two entities merged in 2001 to become the DWSP |
No, but there is a sister 501(c)3 organization to assist with revitalization and historic preservation |
|
Budget |
$136,000 |
$326,000 |
|
$320,000 |
|
Staff Positions |
Executive Director Full-Time Admin Asst |
Executive Director Full-Time Admin Asst |
Staff person who works for the City of Winston-Salem Development Office |
President, Director of External Relations and Office Manager |
|
Population of City |
78,000 |
24,000 |
195,000 |
197,000 |
|
Size of Downtown |
150 shops, restaurants and bars (they call bars “entertainment spots”) |
75 shops 15 restaurants |
|
377 Businesses |
|
"Main Street" City? |
No |
Yes, 1980 |
No |
No |
|
Loan Programs |
Ø Commercial Rehabilitation Loans ($10K or 20%) Ø Mixed Use Rehabilitation Loans ($20K or 20%) |
Ø Town -- Façade Grants Ø Town -- Innes Street Improvement Grants Ø Tax Credits for Historic Rehabilitation |
Ø Economic Development Revolving Loan Program Ø Enterprise Community Business Development Programs |
Ø Downtown Loan Program Ø Façade Improvement and Mural Grant Program
|
|
City Development Office |
|
|
City of Winston-Salem Development Office |
City Economic Development Office |
|
Marketing Properties |
Maintains a list of available properties for sale and lease; will post on website in near future |
Website contains a listing of available properties for sale and lease; includes square footage and price information |
Website contains a listing of available properties for sale and lease; includes square footage and price information |
Website contains a listing of available properties for sale and lease; includes square footage and price information |