Woodbine Community Development. 25 Façade Renovations – CDBG Façade Master Plan 4 Complete (Interior & Exterior) Historic Renovations 19 Main Street Apartments.

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Presentation transcript:

Woodbine Community Development

25 Façade Renovations – CDBG Façade Master Plan 4 Complete (Interior & Exterior) Historic Renovations 19 Main Street Apartments 9 New Businesses to Main Street (and growing) New Alegent Health Clinic Main Street Station Renovation Grain Elevator Renovation / Public Art Youth and Community Amphitheater

Woodbine Antiques

Golden Age Center

Everything Ellen / The Flower Shoppe

Corn Palace

Home Town Hardware

Woodbine Main Street Station

Woodbine Grain Elevator Restoration / Public Art

7 Apartments with 4 Garage Stalls, 1 Restaurant, 6 Office Suites, 1 Commercial Office. Completed in December, % Occupied as of May, 2011.

11 Apartments and 3 Commercial Spaces. Scheduled for completion October, 2011.

$6.25 Million $350,000 Private $400,000 City $1.5M Grants $1.6M Loans $2.4M Tax Credit Equity

 Community → Main Street and Pilot Green Programs in 2008 → Commitment to Sustainable Development and Growth  Property Owners → Willingness to reinvest  City → Proactive and Supportive  Developers → Planning / Implementation  Funding Partners → Make it a reality

 CDBG – Downtown Revitalization Façade Master Plan  City – Business District Revitalization Program  Owner contribution  Tax Increment Financing  State and Federal Historic Tax Credits  Low Income Housing Tax Credits – Iowa Finance Authority  HOME Funds – Dept. of Economic Development  Grayfield Tax Credits  Community Facility - USDA–Rural Development  Main Street Iowa Challenge Grants  Financial Institutions

 $500,000 Downtown Revitalization CDBG on $1,000,000 Façade Master Plan – driving force for all renovation  $214,000 CDBG-Disaster Relief Multi-Family Unit Production for Woodbine Savings Bank Renovation  Filling Vacancies Workshop → Market Analysis → 9 new businesses on Main Street  Branding / Marketing Workshop → Comprehensive Woodbine Brand → New Website and Outreach Promotion  Walkability Workshop → Safe Routes to School and Streetscapes  Sustainability – Restored sense of history, pride and drive to preserve and improve for future generations

 Historic District Nomination  Woodbine Main Street Living – Upper Floor Housing Program – CDBG-Disaster Relief  Residential Single Family First Time Homeowner Program  Street Improvements / Streetscapes  Attraction and Tourism – Recreation Program

 Communication is Key  Network / Share Ideas – Best practices evolve  Plan comprehensively – big picture  Develop local talent – it exists