escanaba downtown development authority project update ed legault

Escanaba Downtown Development Authority Project Update

Ed Legault

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DDA Development Plan 2011

• Utilized Public Feedback to prioritize projects

• The Plan continues to be used to track our progress

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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

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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%

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NRHP Benefits for Escanaba

• National Exposure for Escanaba

• 20% Federal Historic Preservation Tax Credit

• Enhances Potential Investment Downtown

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House of Ludington Senior Residence

• Funded with use of Federal Tax Credits

• Saves a Historical Structure with $5M investment

• Creates Affordable Senior Housing Downtown

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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)

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MEDC RRC Vision

• Free Review and Creation of Vision

• Created an example for future use

• Free Study of comparisons in Michigan of similar projects

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Major DDA Projects

• Historic Parking Lot Enhancements

• DDA 2015 Façade Projects

• Escanaba Market Place

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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

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Historic Parking Lot Enhancements

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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

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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

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Escanaba Market Place

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Escanaba Market Place

Questions?