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Charting Your Course to a Vibrant Downtown www.ctmainstreet.org.

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Presentation on theme: "Charting Your Course to a Vibrant Downtown www.ctmainstreet.org."— Presentation transcript:

1 Charting Your Course to a Vibrant Downtown www.ctmainstreet.org

2 Charting Your Course to a Vibrant Downtown www.ctmainstreet.org

3 Charting Your Course to a Vibrant Downtown www.ctmainstreet.org The Flood of 1955

4 Charting Your Course to a Vibrant Downtown www.ctmainstreet.org Downtown’s Image Problem…

5 Charting Your Course to a Vibrant Downtown www.ctmainstreet.org Façade Improvement Program Participants Town of Winchester/City of Winsted Litchfield Hills Council of Elected Officials State of CT Dept of Economic & Community Development State Historic Preservation Office Winchester Façade Improvement Committee (WFIC) Friends of Main Street-Winsted Litchfield Hills Economic Development Partnership Northwest CT Chamber of Commerce Community Economic Development Fund (CEDF) Downtown Property & Business Owners Area banks / lending institutions Local licensed contractors Public Sector Private Sector

6 Charting Your Course to a Vibrant Downtown www.ctmainstreet.org Financing Description DECD Urban Act Program: $1 million, to leverage an equal amount in private resources Winsted Façade Improvement Program: rebated 50% of cost of approved exterior façade and site improvements for first $30k; 20% rebate for additional expenses up to $100k Applicants referred to area lenders, though not obligated to fund through bank loan

7 Charting Your Course to a Vibrant Downtown www.ctmainstreet.org Results Over 30 Façade restoration projects were completed from 2003 – 2006. All together, over $979,000 was allocated for Winsted’s 3-Year Façade Improvement program. Increase in non-grant funded improvements on Main Street. Increase in storefront occupancy on Main Street. Self Image: increase in pedestrian activity and community “buzz” around local property improvements.

8 Charting Your Course to a Vibrant Downtown www.ctmainstreet.org Before……After

9 Charting Your Course to a Vibrant Downtown www.ctmainstreet.org Before…

10 Charting Your Course to a Vibrant Downtown www.ctmainstreet.org Completed Façade - 2005Façade rendering - 2004 …After

11 Charting Your Course to a Vibrant Downtown www.ctmainstreet.org

12 Charting Your Course to a Vibrant Downtown www.ctmainstreet.org

13 Charting Your Course to a Vibrant Downtown www.ctmainstreet.org

14 Charting Your Course to a Vibrant Downtown www.ctmainstreet.org

15 Charting Your Course to a Vibrant Downtown www.ctmainstreet.org

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