3 rd Annual North Dakota Downtown Conference Conference Welcome - PowerPoint PPT Presentation

3 rd Annual North Dakota Downtown Conference Conference Welcome Oct 29-30, Bismarck ND Downtown Business Assoc. Of Bismarck

Bismarck Downtowners • Created in 1906 as Merchants Assoc. • Reorganized as the Downtowners in early 70s • Incorporated in 1985 • 2 staff –Exec. Director & Assistant Director/Marketing • Volunteer Board of 12 • Over 180 Members

Downtown Bismarck Master Plan

Welcome! Recap-- • Downtown Revitalization in ND • Window of Opportunity • Quality of Life Will Set Apart • Tax Efficiencies Make A Good Investment • Smart Growth Catching on in ND

Downtown Progress in ND

Why Urban Growth Has Higher ROI • Sustainable Growth – Recycle streets and public utilities – Walkability • Leave the car in the garage – Reduce Sprawl – Recycle Land – Recycle Buildings – Reduced Carbon Footprint

Why Downtown Housing? � Density is our Friend Lots 8 Lots 72 Streets (recycled) 1,320 lineal feet Streets 8,160 lineal feet units 120 houses 72 household size 1.5 Household size 2.5 residents 180 Residents 180 acres (recycled) 2.97 Acres 29.9

Tax revenue-per-acre (versus per lot or per household) • Occupied by Big Box • $8,350/year per acre • Occupied by Premier Mall • $22,000/year per acre • Downtown construction 2-3 stories • $70-90,000 per acre – 7-9 story $500-800k – 17 story $1.1

Soul of the Community Study • What Attaches People to Their Communities? – 43k in 26 Communities – Not Jobs – Social offerings, such as entertainment venues and places to meet, – Openness (how welcoming a place is) – Aesthetics (its physical beauty and green spaces). – All things that are abundant in Downtowns

Young Professionals Priorities • Young Professionals (Mill & Gen Z) • 1 st: Choose a Place They Want to Live • 2 nd: Then Get a Job There • Premium on Work/Life Balance • Prefer Flexible Hours/Locations – Working Smarter

Trends In Housing Downtown • Millennials & Baby Boomers Downtown • Overwhelmingly want to live Downtown – BB want to downsize and stay active – Mill. Want the social and culture opportunities, and will have smaller families and home sizes in Walkable cities

Trends- Housing Downtown • Downtown Living • Cities now growing faster than suburbs/exurbs • 30-40% of Households want Urban Walkable neighborhoods – Nation Only Developing 5-20% of that housing

Trending Work Spaces Downtown • Young Professionals Want Urban Amenities Adjacent to Work Spaces – Walkability – Transit/Bike Options – Cultural and Entertainment Options – Live Close to Work, No Commute

Trends are Opportunities How Is Your Community • Taking Advantage of Demographics and Downtown Trends? – Downtown Living – Generational Appeal – Collaborative Work Spaces – Tax & Energy Efficiencies – Tax Generation – Social & Culture Opportunities – Community building and engagement – Civic Pride – Healthy Communities – Historic Preservation

Come Hang Without With Us www.facebook.com/downtownbismarck • Twitter @DowntownBisND • www.downtownbismarck.com • Google+ Downtown Bismarck • Dawn Kopp: • getit@downtownbismarck.com Kate Herzog: • Kate@downtownbismarck.com Other Links: • Congress for New Urbanism – http://www.cnu.org/ – Better Cities & Towns – http://bettercities.net/ – Knight Foundation “Soul of the Community – Project” http://www.soulofthecommunity.org/ – Strong Towns – http://www.strongtowns.org/ –

Conference Day 1

Conference Day 2- AM

Conference Day 2-PM