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Increased budgets bode well for downtowns
Downtown organizations are anticipating increased
operating budgets and a wide range of new projects including pedestrian friendly enhancements, business improvement districts and downtown housing developments.
New York, NY (PRWEB) December 20, 2003 --Theres a lot to look forward to according to the results of Downtown Idea Exchange" newsletters annual Looking Ahead" survey.
Downtown organizations are anticipating increased operating budgets and a wide range of new projects including pedestrian friendly enhancements, business improvement districts and downtown housing developments.
Following is a summary of some of the key highlights from the survey:
| | - Operating budgets are mostly up or even. Nine out of 10 downtown organizations participating in the survey say their 2004 operating budgets are either larger than or even with those of 2003. Interestingly, downtown organizations from both the five largest and five smallest cities polled show the greatest proclivity for increased budgets.
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| | - Starting a BID on many agendas. Starting a BID is a 2004 goal of three out of five downtown organizations from cities with populations under 10,000. By far, small-city downtowns will be the most BID-hungry bracket in 2004.
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| | - Pedestrian-friendly goals are universal. Nearly half of the downtown organizations responding to the survey have put greater pedestrian appeal, or enhancements related directly to that end, on their New Years agenda. These include streetscape projects, and tree plantings, Christmas lights, murals, and other
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beautification efforts.
| | - Entertainment and residential are key for bigger cities. Development of new housing and/or entertainment and cultural attractions are goals of all downtown organizations surveyed from the five largest cities responding.
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The full text of the Looking Ahead" article is available online at
http://www.downtowndevelopment.com/dixsample.php
or by phoning the publisher at 1-800-232-4317.
Downtown Idea Exchange" newsletter reports on
downtown problems and solutions in an effort to
provide a focus for revitalizing our cities.
Website: http://www.DowntownDevelopment.com
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CONTACT:
Adam Reis
(212) 228-0246 Ext. 105
mailto:areis@DowntownDevelopment.com
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