REDEVELOPING DOWNTOWNS

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REDEVELOPING DOWNTOWNS

• DENNIS
• BERGMAN
• LENA VILLAGE PRESIDENT
• 2005

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REDEVELOPING DOWNTOWNS

• LENA, ILLINOIS
• POPULATION 2900
• STEPHENSON COUNTY
• SCENIC NORTHWEST ILLINOIS

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REDEVELOPING DOWNTOWNS

• LENA ILLINOIS
• AGRICULTURAL CENTER
• 1970-2000 TRANSFORMED TO BEDROOM COMMUNITY
• LOSS OF RETAIL SALES AND SALES TAX

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REDEVELOPING DOWNTOWNS

• LENA ILLINOIS
• RETAIL SHOPS CONVERTED TO SERVICE INDUSTRY
• SMALL TOWNS RELUNCTANT TO CHANGE
• SMALL TOWNS EITHER GROW OR DIE

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REDEVELOPING DOWNTOWNS

• 5 KEYS TO SUCCESSFUL DOWNTOWN REDEVELOPMENT AND
  REVITALIZATION

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REDEVELOPINGDOWNTOWNS

• 1 RECKONIZE THAT TIF IS JUST ONE TOOL IN THE
  TOOL BOX AND DONT EXPECT TIF BY ITSELF TO WORK
  MIRCALES

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REDEVELOPING DOWNTOWNS

• 2 STRONG COMMUNITY SUPPORT
• GOVERNMENTAL OFFICIALS
• CIVIC LEADERS
• COMMUNITY ORGANIZATIONS
• BUSINESS LEADERS-INCLUDING THOSE OUTSIDE THE
  DOWNTOWN AREA
• AVERAGE CITIZENS-NEED TO EDUCATE

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REDEVELOPING DOWNTOWNS

• 3 COMMUNITY SUPPORT BUILDS ON HAVING COMMUNITY
  GOALS
• MAKING DOWNTOWN THE HUB OF THE COMMUNITY

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REDEVELOPING DOWNTOWNS

• HUB OF THE COMMUNITY
• CIVIC EVENTS
• SOCIAL EVENTS
• PRIVATE CLUBS AND ORGANIZATIONS
• PARK OR RECREATIONAL AREA
• GOVERNMENTAL BUILDINGS
• COMMUNITY CENTER

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REDEVELOPING DOWNTOWNS

• 4 HAVE A COMMUNITY MASTER PLAN FOR DEVELOPMENT
  AND THE COMMUNITYS FUTURE
• VISIONING
• LENA- 2020 VISION COMMITTEE

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REDEVELOPING DOWNTOWNS

• LENA 2020 VISION REPORT
• DOWNTOWN LENA RECOMENDATIONS
• 1. ILLINOIS MAIN STREET PROGRAM
• 2.PROMOTE AND ENCOURAGE USE OF TIF
• 3. USE TIF FUNDS FOR INFRASTRUCTURE IMPROVEMENTS
• 4. USE OTHER ECONOMIC INCENTIVES TO ENTICE MORE
  RETAIL BUSINESS
• 5. ESTABLISH A COMMITTEE TO PROMOTE DOWNTOWN
  REVILATIZATION PROGRAM

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REDEVOLPING DOWNTOWNS

• 5 EDUACTE AND SELL YOUR PLAN AND TIF
• COMMUNITY INVESTMENT IN DOWNTOWN INFRASTRUCTURE
• STREET LIGHTS, PARKING, ETC
• TIF HELPS PROTECT THAT INVESTMENT

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REDEVELOPING DOWNTOWNS

• PROBLEMS
• TAX ASSESSMENTS-TAX ASSESSOR
• MAKE SURE BUIDINGS ARE REASSESSED AS SOON AS A
  TIF PROJECT IS DONE
• COMMUNICATE WITH ASSESSOR
• MANY ASSESORS RELUCTANT TO RAISE ASSESSED VALUE
  UNTIL SALES HISTORY DICTATES

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REDEVELOPINGDOWNTOWNS

• PROBLEMS
• ABSENTEE OWNERSHIP OF BUILDINGS
• USE OF BUILDING AS TAX WRITE OFF- OWNER DOESNT
  WANT TO MAKE IMPROVEMNTS
• APATHY-HANDED DOWN PROPERTY
• OWNERS MAY NOT LIVE IN OR CARE ABOUT COMMUNITY

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REDEVELOPING DOWNTOWNS

• SUCCESS STORY
• CARL LINGLE-LINGLE DESIGN
• www.lingledesign.com
• FIRST TIF PROJECT IN LENA
• HAS NEW TIF PROJECT
• WILL REMODEL 2ND STORY ABOVE 2 BUSINESSES FOR
  MORE OFFICE SPACE

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REDEVELOPING DOWNTOWNS

• SUCCESS STORY
• INSURANCE OFFICE TO RELOCATE WHERE LINGLE DESIGN
  IS CURRENTLY LOCATED
• FREEPORT HEALTH NETWORK TO EXPAND ITS OPERATION
  TO INCLUDE SPACE VACATED BY INSURANCE OFFICE
• 15-20 NEW JOBS CREATED

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REDEVELOPING DPWNTOWNS

• SUCCESS STORY
• 400,000 IN REDEVELOPMENT COSTS FOR OWNER
• FORGOING TIF BENEFITS
• TIF INCREMENT CREATED TO BE PLACED IN SPECIAL TIF
  FUND FOR SPECIFIC DOWNTOWN IMPROVEMENTS

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REDEVELOPING DOWNTOWNS

• CONCLUSION
• ULTIMATE SUCCESS CONTIGENT ON COMMITMENT AND
  PERSERVERANCE
• COMMITMENT - COMMUNITY SUPPORT VITAL
• PERSERVERANCE - DONT EXPECT MIRACLES OVERNIGHT