Escanaba Downtown Development Authority Project Update Ed Legault.

Escanaba Downtown Development Authority Project Update

Ed Legault

2

DDA Development Plan 2011

• Utilized Public Feedback to prioritize projects

• The Plan continues to be used to track our progress

3

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

4

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 17th 2015 Escanaba’s Low to Mod status was restored based on a score above 51%

5

NRHP Benefits for Escanaba

• National Exposure for Escanaba

• 20% Federal Historic Preservation Tax Credit

• Enhances Potential Investment Downtown

6

House of Ludington Senior Residence

• Funded with use of Federal Tax Credits

• Saves a Historical Structure with $5M investment

• Creates Affordable Senior Housing Downtown

7

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)

8

MEDC RRC Vision

• Free Review and Creation of Vision

• Created an example for future use

• Free Study of comparisons in Michigan of similar projects

9

Major DDA Projects

• Historic Parking Lot Enhancements

• DDA 2015 Façade Projects

• Escanaba Market Place

10

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

11

Historic Parking Lot Enhancements

12

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

13

14

15

16

17

18

19

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

20

Escanaba Market Place

21

Escanaba Market Place

Questions?