City Downtown Revitalization Idea Worth Exploring

Feb 20th, 2009 Filed under: Uncategorized — Economic Author

If you travel down many of the international retail business districts in the major cities in the United States, you will see “For Lease” signs, and empty storefronts. Nothing could be more detracting for a commercial property owner trying to lease their building, especially when you have neighboring buildings empty.

Not only does this drive down the price due to supply and demand issues, but it also causes a lack of trust or confidence from consumers that will be patronizing the businesses, and other business owners that are thinking of expanding or starting new businesses.

For a city, it means lower tax revenues, and an economic development crisis. One thing which city downtown revitalization projects can do is to work with all the commercial building owners, leasing companies, and large franchise companies that have closed stores. The first recommendation that our think tank came up with is to put artwork inside of the businesses that are for lease.

That is to say, let local artists put easels with their artwork inside the windows of the businesses that are for lease, but empty. Have the city pay for “window cleaning services” on the inside and outside of those retail spaces, as part of an economic development fund. Then work with local artists, who’ll put up their artwork along with their phone number in large letters underneath each piece of art.

When people walk by these closed stores or retail outlets they will see beautiful artwork in the window, and it will be something to look at, but they will not see an empty store, which would point to economic decay of the downtown retail district. Please consider all this.

Lance Winslow is a retired Founder of a Nationwide Franchise Chain, and now runs the “_new” href=”http://www.worldthinktank.net”>Online Think Tank. Lance Winslow believes in supporting local businesses and the best use of signage and Signs

Note: All of Lance Winslow’s articles are written by him, not by Automated Software, any Computer Program, or Artificially Intelligent Software. None of his articles are outsourced, PLR Content or written by ghost writers. Lance Winslow believes those who use these strategies lack integrity and mislead the reader. Indeed, those who use such cheating tools, crutches, and tricks of the trade may even be breaking the law by misleading the consumer and misrepresenting themselves in online marketing, which he finds completely unacceptable.

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  1. One Response to “City Downtown Revitalization Idea Worth Exploring”

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