Revitalization Series Workshop: The Art & Economics of Filling Your Downtown Buildings

Becoming Historic Redevelopment-Ready
Join Corey Leon from the National Development Council for an introduction to the dollars & “sense” of redeveloping a historic building using a computer spread sheet. We’ll touch on the benefits of owning real estate, and key financial documents, such as the pro forma, you need to complete in order to properly evaluate the potential for redeveloping any historic building. We will dig into how lenders review potential projects before they commit to construction and/or permanent financing, and how all the structured redevelopment pieces fit together to make the development happen. Dust off your Lotus 123, Quattro Pro, or Excel and get ready to use an income property spreadsheet for a deep dive into the critical financing perspective of historic building redevelopment. Computer access able to open and edit an Excel spreadsheet is required in order to complete the session cases.

Attracting What Your Community Wants & Needs in Your Downtown
In the afternoon, Jason Duff from Small Nation will discuss proven ways your community can recruit new and expanding businesses to your community. Whether its solving your downtown vacancy problem or how to have a productive conversation with a developer, Jason has a solution for your community. Jason will also share several strategies on nurturing your existing downtown businesses to help them be even more successful.