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Orange County Investing in Neighborhood Corridors

Orange County Investing in Neighborhood Corridors. Neighborhood Preservation and Revitalization Division March 20, 2012. Investing in Neighborhood Corridors. Background Case Studies Orlando Miami Dade Charlotte BANC Program Overview Business Assistance Team Eligible Areas

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Orange County Investing in Neighborhood Corridors

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  1. Orange County Investing in Neighborhood Corridors Neighborhood Preservation and Revitalization Division March 20, 2012

  2. Investing in Neighborhood Corridors • Background • Case Studies • Orlando • Miami Dade • Charlotte • BANC Program Overview • Business Assistance Team • Eligible Areas • Financial Assistance • Measures • Requested Action Before After

  3. Investing in Neighborhood Corridors • Background • Case Studies • Orlando • Miami Dade • Charlotte • BANC Program Overview • Business Assistance Team • Eligible Areas • Financial Assistance • Measures • Requested Action Before After

  4. Investing in Neighborhood Corridors Background • Older neighborhoods surrounded by once thriving commercial areas • Physical decline resulting from lack of investment • No financial support for small businesses • Need for local jobs and services

  5. Investing in Neighborhood Corridors • Background • Case Studies • Orlando • Miami Dade • Charlotte • BANC Program Overview • Business Assistance Team • Eligible Areas • Financial Assistance • Measures • Requested Action Before After

  6. Investing in Neighborhood Corridors Case Study City of Orlando’s Business Assistance Program (BAP) • Encourages small businesses to locate, expand, or redevelop in the City of Orlando • Provides matching funds to new and expanding businesses to assist in off-setting development fees and infrastructure improvements • Since 2001 provided $468K in grants resulting in $25M in capital investment

  7. Investing in Neighborhood Corridors Case Study City of Orlando’s Business Assistance Program (BAP) Acceptable Uses of the Grant • Development Fees • Sewer and transportation impact fees and building permit fees • Public right-of-way infrastructure improvements • Street lighting, fire hydrants, sidewalks, traffic signalization, water and sewer lines, street improvements and landscaping

  8. Investing in Neighborhood Corridors Case Study City of Orlando’s Business Assistance Program (BAP) • Selected Guidelines • BAP pays 50% of total fees, up to $20,000 • Must be a small business, as defined by the US Small Business Administration • Business owner and property owner apply jointly • Not available to franchises or a business with an outstanding code enforcement violation or debt to the City

  9. Investing in Neighborhood Corridors

  10. Investing in Neighborhood Corridors

  11. Investing in Neighborhood Corridors Case Study Miami-Dade County’s Mom and Pop Small Business Grant Program • Provides financial assistance to further the economic viability of recipients • Technical Assistance: educate owners about county programs and projects, promote economic development opportunities, and form/foster better working relationships among small business owners

  12. Investing in Neighborhood Corridors Case Study Miami-Dade County’s Mom and Pop Small Business Grant Program • Acceptable Uses of the Grant • Inventory/Supplies • Business Equipment • Marketing/Advertising • Commercial Liability Insurance • Minor Interior/Exterior Renovations • Security System • Work Vehicle (pick up truck or cargo van) • Professional Services

  13. Investing in Neighborhood Corridors Case Study Miami-Dade County’s Mom and Pop Small Business Grant Program • Selected Guidelines • Guidelines vary by Commission District • Must not be part of a national chain • Cannot have more than seven fulltime employees, (2 part-time will count as 1 fulltime) • Must not have delinquent loan with Miami-Dade County or a County funded agency • Have no more than two businesses • Provide proof that the business has been operating for the past year

  14. Investing in Neighborhood Corridors • Examples Before After

  15. Investing in Neighborhood Corridors • Examples Before After

  16. Investing in Neighborhood Corridors Case Study City of Charlotte’s Business Corridor Revitalization  Plan • Five target corridors • Eliminate blight, create strong local economies, align city policies and programs, and promote environmentally sustainable development • City Council invested $8.9 million in the corridors (5yrs) • planted medians, sidewalks, widened planting strips, planted trees, pedestrian lighting, and signage

  17. Investing in Neighborhood Corridors Case Study City of Charlotte’s Business Corridor Revitalization  Plan • Façade Improvement Grant Program • Provides 50% reimbursement, up to $10,000, to commercial or industrial businesses or property owners for eligible renovation costs

  18. Investing in Neighborhood Corridors Case Study City of Charlotte’s Business Corridor Revitalization  Plan • Infrastructure Grant Program • Provides grants of up to $10,000 or 10% of the total private investment to independently owned businesses and multifamily infill developers for City-required improvements

  19. Investing in Neighborhood Corridors Case Study City of Charlotte’s Business Corridor Revitalization  Plan • Security Grant Program • Provides 50% reimbursement up to $2,500 to businesses for eligible security improvements • Brownfield Assessment Program • Provides 50% matching funds up to $20,000 per site for assessment activities that will lead to site redevelopment

  20. Investing in Neighborhood Corridors Case Study City of Charlotte’s Business Corridor Revitalization  Plan • Business District Organization Program • Supports the work of business groups operating in the business corridors by helping with approved operating/administrative expenses • Grease Trap Program • Provided grants for existing restaurants along the corridors to install grease traps

  21. Investing in Neighborhood Corridors Example: • Belvedere Theater/Rozzelles Ferry Road • Dilapidated and vacant for 20 years • $250,000 grant for renovations from the City of Charlotte’s Corridor Revitalization Funds • $63,000 grant from the City of Charlotte's Commercial Building Retrofit Program • Outcome: Dest Family Dentistry • 100% leased

  22. Investing in Neighborhood Corridors • Belvedere Theater/Rozzelles Ferry Road • Before

  23. Investing in Neighborhood Corridors • Belvedere Theater/Rozzelles Ferry Road • After

  24. Investing in Neighborhood Corridors Example: • Wilkinson Boulevard • The City invested $6 million in medians, sidewalks, and street trees • City/private investors raised $8.5 million to purchase 40 acres to be sold • Outcome: Wilkinson Business Park • 97% sold with the remaining 3% under contract (2007) • Taxable value increased from $3 million to a current assessment of $5.4 million, and $20 million at build out

  25. Investing in Neighborhood Corridors • Wilkinson Boulevard • Before

  26. Investing in Neighborhood Corridors • Wilkinson Boulevard • After

  27. Investing in Neighborhood Corridors • Background • Case Studies • Orlando • Miami Dade • Charlotte • BANC Program Overview • Business Assistance Team • Eligible Areas • Financial Assistance • Measures • Requested Action Before After

  28. Investing in Neighborhood Corridors Business Assistance for Neighborhood Corridors (BANC) Overview • Coordinate County services for economic development in targeted neighborhoods • Target specific corridors for economic renewal • Provide incentives and remove regulatory barriers to encourage redevelopment

  29. Investing in Neighborhood Corridors BANC Business Assistance Team • An interdepartmental team • Assist in guiding applicants through the development process • Identify existing services and programs that encourage redevelopment and support businesses • Find opportunities to leverage funding • Oversee market studies for targeted corridors • Provide referrals to nonprofit business advisors

  30. Investing in Neighborhood Corridors BANC Business Assistance Team • Technical studies for development approval • Organize target area stakeholders • Market the development opportunities in target corridors • Coordinate off duty patrols • Implement services to improve the appearance of target corridors

  31. Investing in Neighborhood Corridors BANC Eligible Corridors • Older commercial properties that surround strong neighborhoods • Need for physical improvements to property • Land zoning and future land use inconsistencies • Opportunities for infill development • Organized stakeholder groups • Opportunity to leverage funding • Participation of anchor businesses • Pilot areas: Pine Hills and Azalea Park

  32. Investing in Neighborhood Corridors BANC Financial Assistance • $200,000 Pilot Program • Up to $10,000 in benefits per parcel • Up to two applications per business/owner • Select from a menu of benefits • Regulatory • Plans Review and Permitting • Construction Costs • Other

  33. Investing in Neighborhood Corridors BANC Financial Assistance • Regulatory • Small Scale Comp Plan Amendment ($3,326) • Planned Development Rezone ($2,730) • Conventional Rezoning ($1,486) • Special Exception ($1,316) • Variance ($620)

  34. Investing in Neighborhood Corridors BANC Financial Assistance • Plans Review and Permitting • Demolition Permit (up to $400) • Submittal Fee for Commercial Projects ($200) • Commercial Permit • Technical Studies for Development

  35. Investing in Neighborhood Corridors BANC Financial Assistance • Construction Costs • Demolition costs (50% up to $10,000) • Public improvements required by code • Bringing structure up to code

  36. Investing in Neighborhood Corridors BANC Financial Assistance • Other • Façade improvement grants • Signage program • Enterprise Zone • Brownfields • Impact fee waivers for change of use

  37. Investing in Neighborhood Corridors BANC Measures Did we… • Improve the economic health? • Improve the appearance? • Improve the safety – real and perceived? • Serve the neighborhood?

  38. Investing in Neighborhood Corridors BANC Measures • Economic Health • Business vacancy rate change on corridor • Vacancy rate change comparisons to county* • Appearance • Number of façade and landscaping improvements • Decrease in zoning code violations

  39. Investing in Neighborhood Corridors BANC Measures • Safety • Number of CPTED analyses and enhancements • Number of health/safety code improvements • Crime statistical information • Perception (survey) • Service • Number of inquiries, grant applications, referrals to other agencies • Citizen experience

  40. Investing in Neighborhood Corridors • Background • Case Studies • Orlando • Miami Dade • Charlotte • BANC Program Overview • Business Assistance Team • Eligible Areas • Financial Assistance • Measures • Requested Action Before After

  41. Investing in Neighborhood Corridors Requested Action Board direction regarding implementing the Business Assistance for Neighborhood Corridors Pilot Program in Pine Hills and Azalea Park

  42. Orange CountyInvesting inNeighborhood Corridors Neighborhood Preservation and Revitalization Division March 20, 2012

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