DevelopSpringfield recently announced that is accepting applications for its "Lease It Local," a program, which will offer businesses up to half a monthly lease (up to $500) to occupy storefronts that are now vacant or underused. Eligible properties are vacant or underused ground-floor storefronts in the Springfield Transformative Development Initiative (TDI) District.
The Lease It Local program aims to:
DevelopSpringfield's Lease It Local program will provide:
Eligible applicants include independent operators (no franchises or chains), artists, or social enterprises. While all industries are welcome, the program emphasizes uses drive daily foot traffic and preference is given to Springfield residents and those who have completed formal business training or mentoring. For more info on the program check out DevelopSpringfield's program page.
NP performed the project consulting on the Springfield TDI Partnership’s Active Implementation Plan that worked with the Springfield TDI Partnership for the district. A key action within the strategy was spurring retail frontage development including a subsidy program for potential tenants while the market was still being “proved.”
Grand Rapids Receives IDA's Highest Honor for Working Towards Racial Equity and Opportunity in its Downtown
Downtown Grand Rapids Inc. is being celebrated for its work to put forward an equity driven growth model for the future of the city's downtown. Recently, the International Downtown Association (IDA) recognized the Grand Rapids community for its efforts to build racial equity and opportunity in Downtown Grand Rapids with a Pinnacle Award - the industry's highest honor.
Downtown Grand Rapids spearheaded Grand Rapids Forward, which is a 10-year plan and investment strategy "to transform the Grand River into a distinct asset and support the next generation of growth in Downtown Grand Rapids." Since the Plan's adoption in 2015 many actions have been taken that support greater equity and inclusion in Grand Rapids including but not limited to:
NP is proud to have been part of the team who prepared the Grand Rapids Forward Plan, serving as an economic consultant with a focus on workforce development, retail dynamics and entrepreneurial activity.
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