Dubuque Main Street Quarterly Report Presentation
Utilizing the
Four Point
Approach
with the
Eight Guiding
Principles in
Partnering for a
Better Downtown,
with the help of the
Downtown
Resource Center
DESIGNcalendar
07calendar 08
Facade Renovations$1,313,110$828,967
Building Rehabilitations$9,876,983$14,726,017
New Construction Projects$35,470,742$55,093,359
Real Estate Sales$7,103,607$4,448,145
Public Improvement Projects$7,119,390$1,565,000
Total Reported Investments$60,883,832$76,661,488
BUSINESS IMPROVEMENT
New Businesses3117
Relocation to Main Street Districts 31
Space Expansion93
Moved Out of Main Street District -14-1
Businesses Closed-7-3
Net Business Space to Districts+27+17
Net Gain (Loss) in Employees+267+318
Downtown Development
Statistics Third Quarter
Fiscal 2009
20082009
Facade Renovations$34,100$217,600
Building Rehabilitations$1,706,000$1,805,031
New Construction Projects$0$19,799,485
Real Estate Sales$367,000$1,000,611
Public Improvement Projects$0$0
Net Gain (Loss) in Employees+7-83
Downtown Revitalization
Total Improvements
From 1985 through
December 2008
Building
Facade New Real Estate Public Net New
RenovationConstructionSalesImprovementJobs
Rehabilitation
+2,896
$8,533,258$103,906,385$215,182,264$105,983,260$46,913,079
55%
65%since 68%since 91%since 57%since 85%since
since
20002000200020002000
2000
Basking in State of Iowa
Attention
Main Street Iowa
•
Iowa Preservation Alliance
•
State Historic Preservation Alliance
•
State AIA
•
EEdd
conomic conomic evelopmentevelopment
BBaarrhhbb
est est daptive daptive euse euse --istoric istoric uildinguilding
EEdd
conomic conomic evelopmentevelopment
SustainabilitySustainability
EEdd
conomic conomic evelopmentevelopment
BBnncc
est est ew ew onstructiononstruction
EEdd
conomic conomic evelopmentevelopment
BBuuffrr
est est pper pper loor loor edevelopmentedevelopment
DD
esignesign
BBTTbbrr
est est otal otal uilding uilding ehabilitation ehabilitation
Opening –Keynote Session Of
National Main Street Conference ‘09
Over 1600 Attendees
•
During President’s ½ hour speech 5
•
minutes on:
Trust names green/sustainable initiative
•
Green Labs with locations, in Seattle . . .
San Francisco & one of the best Main
Street programs in the nation, Dubuque,
Iowa. Spends 5 minutes on DBQ, from
rags to riches, IBM, Millwork District &
the Heart program.
What is Main Street
Working On?
State Challenge Grant Program V allotments
•
awarded in March 2009
–DBQ now only community with monies in all five funding cycles
–$213,000 to us, so far –MSI has secured $s for fall 2009
applications –early 2010 awards
Latest ($40,000) is for the Heart Office
•
moving to the Warehouse District
Washington Neighborhood CDE –Dan will
•
serve on the board . . . Main Street Iowa
Urban Program will explore custom program
to integrate the residential component.
What is Main Street
Working On?
Retail –Certainly a concern right now.
•
–How will IBM impact? Lunch Hours?
–Wait & See mode
–Micro-recruiting back in fashion -CCS
Downtown Design Guidelines
•
–Fantastic Tool
–Carrot not stick is best –require for gov’t or Main
Street funded projects
–Lean on us for the push –It’s our job
–Review periodically, & change if problems emerge
MARKET RACE HOUSING
IS MAJOR FOCUS
–We know there is demand!
•Millwork District we all know about –How
quickly is realistic?
•2 Projects (8 units) in construction
•1 Project (approx. 30 units) in early build-out
•2 Projects (10 units) finalizing financing
•6 Projects (approx. 30 units) targeted, but
not moving --yet