economic development is inevitable. where it occurs is not. we know why. se brownfields conference...
TRANSCRIPT
Economic Development is inevitable. Where it occurs is not. We Know Why.
SE Brownfields ConferenceHistoric Preservation
October 2014
West Palm Beach
RMA Experience
Delray BeachPompano Beach
Miami Beach
Lake Worth
Economic Development Bottom Line• Cash flow (customers) is the key to a project’s
self sufficiency and success.
• Only two things can improve a the Cash Flow of a business:– Increased Revenues; and/or– Reduced Expenses.
Economic Development Drivers
Preserve
Enhance
Invest
Capitalize
Economic Viability
• Historic Preservation
• Sensitivity to Design/Land Use
• Profitability - Industry Diversification
• Resort/Visitor Base
• South Beach
• North Beach
Preservation Tools
• Financial– Federal Tax Credits– State Tax Credits– Façade Improvement Programs– Alternative Method of Assessment– Property Tax Abatement
• Regulatory– Historic Preservation, Architectural Review Boards– Adaptive Reuse– Business Resolution Task Force
• Proprietary– Public Private Partnerships– Housing Affordability– Heritage Tourism– Main Street Programs
• Parking– Fee in Lieu of Providing Parking– Parking Enterprise Fund– Parking Requirements
Economic Development is inevitable. Where it occurs is not. We Know Why.
Kevin S. Crowder, [email protected]
305.281.2279