Triumphs, Trends and Transitions. Sam Dixon, Dixon & Thompson, PLLC National Main Street Center Board Member April 1, 2014

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1 Triumphs, Trends and Transitions Sam Dixon, Dixon & Thompson, PLLC National Main Street Center Board Member April 1, 2014

2 The South s Prettiest Small Town Beverly Hall; Edenton, NC. Photo Credit: NTHP

3 The South s Prettiest Small Town Edenton, NC. Photo Credit: NTHP

4 A New Day for Main Street

5 Butte, MT Triumphs Photo Credit: George Everett

6 Triumphs: The proof is in the numbers Reinvestment in physical improvements from public and private sources $55.7 billion Net gain in businesses 109, 664 Net gain in jobs 473,439 Number of building rehabilitations 236,

7 Main Street s 33 Year Record of Success: Every dollar a community uses to support its local Main Street program leverages an average of $18 in new investment. $1 $18 Making Main Street one of the most successful economic development strategies in America. 7

8 NC Main Streets: $2 Billion Triumphs Statesville, NC. Photo Credit: NTHP Over $2 Billion invested in Main Street Credit: Donovan Rypkema, PlaceEconomics

9 Triumphs: NC Main Streets 18,000+ Net New Jobs created Net New Businesses 4500 Building Rehabs --Donovan Rypkema, PlaceEconomics Burlington, NC Goldsboro, NC Photo Credit: Julie Thompson, DGDC

10 Triumphs: North Carolina Burlington, NC. Photo Credit: Main Street Fairmont How can the National Main Street Center help get you to the next $2 Billion?

11 Transitions Wilmington, NC. Photo Credit: NTHP

12 Transitions: National Main Street Center Created 34 years ago to advance the preservationbased revitalization of commercial districts throughout America. July 2013 Launched as a nonprofit subsidiary of the National Trust for Historic Preservation Georgetown, TX. Photo Credit: NTHP

13 Transitions: the New NMSC Subsidiary Feedback from the Network Research on why Main Streets and investments in downtowns matter Understanding what strategies are most effective Better training and professional development opportunities Spokane, WA. Photo Credit: NTHP Network is looking for a cutting edge, innovative national leader as convener and brand owner

14 Transitions: NMSC s New Direction NMSC Mission: Inspire and Enable Leaders to build strong communities through investments in Main Streets Photo Credit: William Wynne Vevay, IN; Photo Credit:NTHP

15 Transitions: NMSC s New Direction 1. Strengthen and Broaden our Leadership 2. Deliver Superior Programs 3. Build Tomorrow s Network 4. Create a Sustainable Business Model 5. Achieve Organizational Excellence Charles City, IA. Photo Credit: NTHP

16 Strengthen and Broaden our Leadership Build the NMSC Brand

17 Strengthen and Broaden our Leadership Cultivating Strategic External Partnerships Photo Credit:

18 Strengthen and Broaden our Leadership Photo Credit: Preservation Green Lab

19 Deliver Superior Programs Four Points = Solid Foundation, but Requires Modernization Photo Credit: Thom Guzman

20 Deliver Superior Programs More Education & Training Opportunities Baton Rouge, LA. Photo Credit: NTHP

21 Build Tomorrow s Network Fairmont, WV. Photo Credit: NTHP

22 Create a Sustainable Business Model Must achieve financial independence within 3 years Historic Gap of $50-250K Annually Changes to all lines of business, including membership program New Focus on fundraising and corporate sponsorships Salisbury, NC. Photo Credit: NTHP

23 Achieve Organizational Excellence Improve Responsiveness to members New Key Hires NMSC Staff 2014 New Financial Management/CRM Systems in place

24 Trends Newark, DE. Photo Credit: NTHP

25 Trends: Place Matters Rogers, Arkansas Sense of Place in Walmart s backyard

26 Trends: Demographics as Destiny Boomers and Millennials Baby Boomers seeking more walkable communities Today, 13% of Americans are over 65 - by 2040, 20% will be over 65 Millennials are looking to connect with people -Urban Institute

27 Trends: Demographics as Destiny Residential in Big and Small Towns Edenton, NC Siloam Springs, Arkansas

28 Trends: The Economics of Revitalization Federal/State Tax Credits Threatened Improve Tax Credit for Small Projects NTCIC Coalition to Save Tax Credit Durham, NC Photo Credit: preservationdurham.org

29 Trends: The Economics of Revitalization Crowdsourced Fundraising H Street NW, Washington DC

30 Trends: The Economics of Revitalization Build prosperous local businesses Keep investment dollars within the community Help build a more resilient and stable economy Port Townsend, WA

31 Trends: Public Private Partnerships Hammonton, NJ If you don t have a public partner when you need to do a project, a lot of projects aren't going to get done, because they can t be done solely by private partners -David Feehan, President of Civitas Consultants Photo Credit: NJM Insurance and Bank

32 Donovan Rypkema, PlaceEconomics Trends: DATA is King

33 Triumphs: DATA is King Burgaw, NC Very conservatively each year s net new businesses generate $1,635,000 in state sales tax 3.7x what the Main Street program costs Donovan Rypkema, PlaceEconomics Photo Credit: Main Street Fairmont

34 Final Thoughts Seattle, WA Winfield, KS Vision: Working to cultivate an ever-growing network of communities who are not just surviving but thriving. Photo Credit: Main Street Fairmont

35 Questions?

36 Thank you