Local Residents/Consumers
- enhanced marketplace (better shopping and the benefits of shopping locally)
- sense of pride in downtown
- social/cultural activities
- opportunities to keep children in town
- sense of hometown community
- historical awareness (preservation of architecture and human history)
- tax dollars stay in the community
- opportunity to participate/volunteer
- better communication
- political advocate
- home values increase
Property Owners
- increased occupancy rates
- rent stability
- increased property values
- reduced vandalism/crime deterrent
- assistance with tax credits, grants, loan programs,
- design, and co-op maintenance
- communication medium with other property owners
- better image
- new uses, especially on upper floors
Retail Business Owners
- increased sales
- improved image
- increased value of business
- quality of business life
- educational opportunities (seminars and workshops)
- increased traffic
- district marketing strategies (promotion and advertising)
- better business mix
- new market groups downtown
- community pride
- have needs/issues addressed
Service Business Owners
- image building/improvement
- pride
- new/renewed/repeated exposure
- increased variety of services
- healthier economy generates new/more businesses
- tapping leakage
- increased population, new customers
- improved image, creates new market
City Government
- increased tax base
- more tourism
- increased property values
- increased number of jobs
- better goals and vision
- healthy economy
- better services available
- positive perception of downtown and community
- better relations between city hall and private sector
- increased volunteer base for city
- takes political heat, develop consensus for political requests
- industrial recruitment
- impetus for public improvements and grant dollars
- education resources for city leaders (officials) on planning and economic development
Financial Institutions
- community reinvestment act (federal government requirement)
- potential for loans, deposits, and other services (bank cards, financial services)
- improved image and good will
- survival of community critical to bank success and economic stability
- central location is more cost effective
Preservationists
- Main Street approach reinforces common goal of reservation
- increases coalition
- increased awareness and credibility
- education of public and groups
- improved public image
- improved economic feasibility of preservation
County Government
- increased public relations for county
- viable downtown increases tax base
- rippling effect
- viable downtown is a draw for industry and county-wide area businesses
- common partnership with city hall
- county/community pride
- heritage preservation
- alternative to a redevelopment district
- quality of life issues especially for employees
- help with parking issues
