Renewed excitement about urban environments has created opportunities to develop or redevelop neighborhoods, corridors, and downtowns. Unaware of their economic benefits or unwilling to wade through regulations and land assembly, many developers are missing potentially lucrative opportunities. Likewise, the snail’s pace of progress and an inability to effect change has frustrated local officials. LSL has helped bridge this gap between community need and developer response.
LSL’s development economics team can assist on several levels such as identifying potential projects and helping market them to prospective developers; establishing a DDA, BRA or TIFA to capture new tax revenue; and packaging the financing and incentives necessary to make projects viable.
Our economic and redevelopment services include:
▪ Site planning and urban design for downtowns, corridors, and neighborhoods
▪ Development of DDA, TIFA, and Brownfield Plans
▪ Implementation such as developer recruitment, RFPs, site packaging, grant writing, and program administration
▪ Structuring projects using available tools such as tax credits and tax increment financing
▪ Facilitating approvals including coordination, preparing applications, presentations, and public involvement
▪ Special projects such as and fiscal impact analysis |
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Downtown Plan
Crown Point, IN
Downtown Kalamazoo Incorporated (DKI) Comprensive Plan
Kalamazoo, MI
Downtown Redevelopment Plan
Midland, MI
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