Woodbine Community Development
25 Façade Renovations – CDBG Façade Master Plan 4 Complete (Interior & Exterior) Historic Renovations 19 Main Street Apartments 9 New Businesses to Main Street (and growing) New Alegent Health Clinic Main Street Station Renovation Grain Elevator Renovation / Public Art Youth and Community Amphitheater
Woodbine Antiques
Golden Age Center
Everything Ellen / The Flower Shoppe
Corn Palace
Home Town Hardware
Woodbine Main Street Station
Woodbine Grain Elevator Restoration / Public Art
7 Apartments with 4 Garage Stalls, 1 Restaurant, 6 Office Suites, 1 Commercial Office. Completed in December, % Occupied as of May, 2011.
11 Apartments and 3 Commercial Spaces. Scheduled for completion October, 2011.
$6.25 Million $350,000 Private $400,000 City $1.5M Grants $1.6M Loans $2.4M Tax Credit Equity
Community → Main Street and Pilot Green Programs in 2008 → Commitment to Sustainable Development and Growth Property Owners → Willingness to reinvest City → Proactive and Supportive Developers → Planning / Implementation Funding Partners → Make it a reality
CDBG – Downtown Revitalization Façade Master Plan City – Business District Revitalization Program Owner contribution Tax Increment Financing State and Federal Historic Tax Credits Low Income Housing Tax Credits – Iowa Finance Authority HOME Funds – Dept. of Economic Development Grayfield Tax Credits Community Facility - USDA–Rural Development Main Street Iowa Challenge Grants Financial Institutions
$500,000 Downtown Revitalization CDBG on $1,000,000 Façade Master Plan – driving force for all renovation $214,000 CDBG-Disaster Relief Multi-Family Unit Production for Woodbine Savings Bank Renovation Filling Vacancies Workshop → Market Analysis → 9 new businesses on Main Street Branding / Marketing Workshop → Comprehensive Woodbine Brand → New Website and Outreach Promotion Walkability Workshop → Safe Routes to School and Streetscapes Sustainability – Restored sense of history, pride and drive to preserve and improve for future generations
Historic District Nomination Woodbine Main Street Living – Upper Floor Housing Program – CDBG-Disaster Relief Residential Single Family First Time Homeowner Program Street Improvements / Streetscapes Attraction and Tourism – Recreation Program
Communication is Key Network / Share Ideas – Best practices evolve Plan comprehensively – big picture Develop local talent – it exists