Community Revitalization Desktop Guide - (Page 8) goal one: choose one asset-rich redevelopment area Step 1: Identify key economic and physical assets Step 2: Capitalize on changing demographics and trends Step 3: Involve stakeholders Step 4: Choose redevelopment area The most serious challenge facing core communities is their inability to attract new development, according to a national survey. There is a critical shortage of developers willing to redevelop brownfields or rehabilitate historic properties in urban settings. Developers’ lack of confidence in the ability of cities and towns to reenergize long stagnant markets, as well as their unfamiliarity with issues of site assembly, building design, financing, and parking in urban settings, has discouraged investment.1 Yet in the past five years, private developers have begun to invest in cities and towns with unproven markets where there is (1) shovel-ready land or properties near to key assets that will attract potential customers, (2) a supportive local government, and (3) public money or incentives that help fill in funding gaps. Attracting this private investment is critical for the revitalization of Pennsylvania’s core communities. Decades of experience have shown that public money alone can not revitalize a city or town that is wrestling with population loss, blight and a shrinking job base. Public money can only complement and catalyze private investment. In order to attract private investment and stimulate economic activity, local government leaders should establish one high impact community revitalization priority in a key geographic location with existing assets. Identifying this single redevelopment area as the target for public and private investment offers the municipality as a whole the best opportunity for significant new development with the ability to jumpstart the local economy and improve quality of life. A starting point for defining a single redevelopment area is to identify and map the community’s assets; the positive attributes of the community that provide it with a competitive advantage. 8
Table of Contents Feed for the Digital Edition of Community Revitalization Desktop Guide PA Community Revitalization Desktop Guide Table of Contents How To Attract High Impact Investment to Core Communities Goal One: Choose One Asset-Rich Redevelopment Area Interviews with Pennsylvania Mayors Goal Two: Prepare Redevelopment Area for Market Interviews with Developers who Have Invested in Pennsylvania Cities and Towns Goal Three: Welcome Investment Interviews with Developers who Have Invested in Pennsylvania Cities and Towns Goal Four: Apply Strategies That Work Conclusion Community Revitalization Desktop Guide Community Revitalization Desktop Guide - PA Community Revitalization Desktop Guide (Page Cover1) Community Revitalization Desktop Guide - PA Community Revitalization Desktop Guide (Page 1) Community Revitalization Desktop Guide - PA Community Revitalization Desktop Guide (Page 2) Community Revitalization Desktop Guide - PA Community Revitalization Desktop Guide (Page 3) Community Revitalization Desktop Guide - Table of Contents (Page 4) Community Revitalization Desktop Guide - How To Attract High Impact Investment to Core Communities (Page 5) Community Revitalization Desktop Guide - How To Attract High Impact Investment to Core Communities (Page 6) Community Revitalization Desktop Guide - How To Attract High Impact Investment to Core Communities (Page 7) Community Revitalization Desktop Guide - Goal One: Choose One Asset-Rich Redevelopment Area (Page 8) Community Revitalization Desktop Guide - Goal One: Choose One Asset-Rich Redevelopment Area (Page 9) Community Revitalization Desktop Guide - Goal One: Choose One Asset-Rich Redevelopment Area (Page 10) Community Revitalization Desktop Guide - Goal One: Choose One Asset-Rich Redevelopment Area (Page 11) Community Revitalization Desktop Guide - Goal One: Choose One Asset-Rich Redevelopment Area (Page 12) Community Revitalization Desktop Guide - Goal One: Choose One Asset-Rich Redevelopment Area (Page 13) Community Revitalization Desktop Guide - Goal One: Choose One Asset-Rich Redevelopment Area (Page 14) Community Revitalization Desktop Guide - Goal One: Choose One Asset-Rich Redevelopment Area (Page 15) Community Revitalization Desktop Guide - Goal One: Choose One Asset-Rich Redevelopment Area (Page 16) Community Revitalization Desktop Guide - Goal One: Choose One Asset-Rich Redevelopment Area (Page 17) Community Revitalization Desktop Guide - Goal One: Choose One Asset-Rich Redevelopment Area (Page 18) Community Revitalization Desktop Guide - Goal One: Choose One Asset-Rich Redevelopment Area (Page 19) Community Revitalization Desktop Guide - Goal One: Choose One Asset-Rich Redevelopment Area (Page 20) Community Revitalization Desktop Guide - Goal One: Choose One Asset-Rich Redevelopment Area (Page 21) Community Revitalization Desktop Guide - Goal One: Choose One Asset-Rich Redevelopment Area (Page 22) Community Revitalization Desktop Guide - Interviews with Pennsylvania Mayors (Page 23) Community Revitalization Desktop Guide - Interviews with Pennsylvania Mayors (Page 24) Community Revitalization Desktop Guide - Interviews with Pennsylvania Mayors (Page 25) Community Revitalization Desktop Guide - Goal Two: Prepare Redevelopment Area for Market (Page 26) Community Revitalization Desktop Guide - Goal Two: Prepare Redevelopment Area for Market (Page 27) Community Revitalization Desktop Guide - Goal Two: Prepare Redevelopment Area for Market (Page 28) Community Revitalization Desktop Guide - Goal Two: Prepare Redevelopment Area for Market (Page 29) Community Revitalization Desktop Guide - Goal Two: Prepare Redevelopment Area for Market (Page 30) Community Revitalization Desktop Guide - Goal Two: Prepare Redevelopment Area for Market (Page 31) Community Revitalization Desktop Guide - Goal Two: Prepare Redevelopment Area for Market (Page 32) Community Revitalization Desktop Guide - Goal Two: Prepare Redevelopment Area for Market (Page 33) Community Revitalization Desktop Guide - Goal Two: Prepare Redevelopment Area for Market (Page 34) Community Revitalization Desktop Guide - Interviews with Developers who Have Invested in Pennsylvania Cities and Towns (Page 35) Community Revitalization Desktop Guide - Interviews with Developers who Have Invested in Pennsylvania Cities and Towns (Page 36) Community Revitalization Desktop Guide - Interviews with Developers who Have Invested in Pennsylvania Cities and Towns (Page 37) Community Revitalization Desktop Guide - Goal Three: Welcome Investment (Page 38) Community Revitalization Desktop Guide - Goal Three: Welcome Investment (Page 39) Community Revitalization Desktop Guide - Goal Three: Welcome Investment (Page 40) Community Revitalization Desktop Guide - Goal Three: Welcome Investment (Page 41) Community Revitalization Desktop Guide - Goal Three: Welcome Investment (Page 42) Community Revitalization Desktop Guide - Goal Three: Welcome Investment (Page 43) Community Revitalization Desktop Guide - Goal Three: Welcome Investment (Page 44) Community Revitalization Desktop Guide - Goal Three: Welcome Investment (Page 45) Community Revitalization Desktop Guide - Goal Three: Welcome Investment (Page 46) Community Revitalization Desktop Guide - Goal Three: Welcome Investment (Page 47) Community Revitalization Desktop Guide - Goal Three: Welcome Investment (Page 48) Community Revitalization Desktop Guide - Interviews with Developers who Have Invested in Pennsylvania Cities and Towns (Page 49) Community Revitalization Desktop Guide - Interviews with Developers who Have Invested in Pennsylvania Cities and Towns (Page 50) Community Revitalization Desktop Guide - Interviews with Developers who Have Invested in Pennsylvania Cities and Towns (Page 51) Community Revitalization Desktop Guide - Interviews with Developers who Have Invested in Pennsylvania Cities and Towns (Page 52) Community Revitalization Desktop Guide - Interviews with Developers who Have Invested in Pennsylvania Cities and Towns (Page 53) Community Revitalization Desktop Guide - Goal Four: Apply Strategies That Work (Page 54) Community Revitalization Desktop Guide - Goal Four: Apply Strategies That Work (Page 55) Community Revitalization Desktop Guide - Goal Four: Apply Strategies That Work (Page 56) Community Revitalization Desktop Guide - Goal Four: Apply Strategies That Work (Page 57) Community Revitalization Desktop Guide - Goal Four: Apply Strategies That Work (Page 58) Community Revitalization Desktop Guide - Goal Four: Apply Strategies That Work (Page 59) Community Revitalization Desktop Guide - Goal Four: Apply Strategies That Work (Page 60) Community Revitalization Desktop Guide - Goal Four: Apply Strategies That Work (Page 61) Community Revitalization Desktop Guide - Goal Four: Apply Strategies That Work (Page 62) Community Revitalization Desktop Guide - Goal Four: Apply Strategies That Work (Page 63) Community Revitalization Desktop Guide - Goal Four: Apply Strategies That Work (Page 64) Community Revitalization Desktop Guide - Goal Four: Apply Strategies That Work (Page 65) Community Revitalization Desktop Guide - Goal Four: Apply Strategies That Work (Page 66) Community Revitalization Desktop Guide - Goal Four: Apply Strategies That Work (Page 67) Community Revitalization Desktop Guide - Conclusion (Page 68) Community Revitalization Desktop Guide - Conclusion (Page Cover2)
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