Changing the Face of Downtowns

Downtowns, Meet Kickstarter

Downtowns, Meet Kickstarter

Oct 18, 2013

Leave it to the folks at Downtown Rochester, MI to do it again. After being hit with a budget cut to a major downtown holiday event, they went to Kickstarter to try to find the funding to fill the gap. This is how to use technology to work for our communities!!! Read more here From Kickstarter: A Miracle on Fourth Street Since 2006, The Big, Bright Light Show...

THIS is Why Merchants are So Angry, Grumpy, and Irritable.

THIS is Why Merchants are So Angry, Grumpy, and Irritable.

May 29, 2013

Let’s do a little bit of Main Street Math. Follow with me. This should be fun. The average downtown retail space in America is about 2000 sq. ft. The average downtown rent in America is about $16.40 per sq. ft. That means that the normal downtown retailer is paying about $32,800 a year in rent. So, with out standard market up of 50%, the retailer needs to...

Food Trucks Drive Local Dining

Food Trucks Drive Local Dining

Sep 24, 2012

We all know that restaurants drive downtown revitalization. But with a median startup cost of $225,000 and average startup cost of over $470,000, getting a new restaurant downtown takes some serious effort mixed with a good dose of crazy. But what about this new food truck trend? Food trucks are not just for big cities anymore. From New York to Portland, these...

Downtown Lake Orion, Michigan Partners with Brewpub

Downtown Lake Orion, Michigan Partners with Brewpub

Sep 19, 2012

The 51 North Brewery at 51 N. Broadway is a major development on its own, but the fact that it is moving into a massive, historic, downtown building that had no takers for several years makes it an even greater success, says Suzanne Perreault, executive director of the Lake Orion Downtown Development Authority. After the micro brewery owner, an accomplished...