Escanaba Downtown Development Authority Project Update Ed Legault.

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Presentation transcript:

Escanaba Downtown Development Authority Project Update Ed Legault

DDA Development Plan 2011 Utilized Public Feedback to prioritize projects The Plan continues to be used to track our progress 2

Progress Towards 2011 Plan NRHP Inclusion to become tax credit eligible Enhance DDA Downtown Façade Program Downtown Parking lot Improvements Improve the Farmer’s Market Downtown Promotion & Marketing Program Downtown Upper Story Residential Redevelopment 3

Recent Status Updates September 2014 Escanaba’s Score was revised to 50.33% making our City ineligible for certain grant funds January 2015 the DDA sponsored a Income survey April 17 th 2015 Escanaba’s Low to Mod status was restored based on a score above 51% 4

NRHP Benefits for Escanaba National Exposure for Escanaba 20% Federal Historic Preservation Tax Credit Enhances Potential Investment Downtown 5

House of Ludington Senior Residence Funded with use of Federal Tax Credits Saves a Historical Structure with $5M investment Creates Affordable Senior Housing Downtown 6

MEDC Redevelopment Ready Communities State Exposure for Escanaba (Only UP City) No Cost review of all of our Policies & Ordinances to ensure we are development friendly Marketing help for Developmental projects Expert & Consultant assistance with project implementation (Public Participation Plan) 7

MEDC RRC Vision Free Review and Creation of Vision Created an example for future use Free Study of comparisons in Michigan of similar projects 8

Major DDA Projects Historic Parking Lot Enhancements DDA 2015 Façade Projects Escanaba Market Place 9

Historic Parking Lot Enhancements 11 DDA Controlled Parking Lots Historical Story & Picture at each lot Goal is to highlight all Public Parking Lots Give the lots a Fresh look 10

Historic Parking Lot Enhancements 11

DDA 2015 Façade Project Delayed by Low to Mod Income Status Funded through the CDBG Downtown Façade Improvement Program 6 downtown projects Grant Application in process, expect MEDC commitment shortly 12

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Escanaba Market Place Multi-use City Structure Keeps the Historical Integrity of the original Farmer’s Market with a Ludington St. location Project is Grant Eligible 19

Escanaba Market Place 20

Escanaba Market Place 21

Questions?