Business Assistance Neighborhood Corridors

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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
After
– Financial Assistance
– Measures
• Requested Action
Before
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
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
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
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
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
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
Investing in Neighborhood Corridors
Investing in Neighborhood Corridors
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
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
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
Investing in Neighborhood Corridors
• Examples
Before
After
Investing in Neighborhood Corridors
• Examples
Before
After
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
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
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
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
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
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
Investing in Neighborhood Corridors
• Belvedere Theater/Rozzelles Ferry Road
• Before
Investing in Neighborhood Corridors
• Belvedere Theater/Rozzelles Ferry Road
• After
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
Investing in Neighborhood Corridors
• Wilkinson Boulevard
• Before
Investing in Neighborhood Corridors
• Wilkinson Boulevard
• After
Investing in Neighborhood Corridors
• Background
• Case Studies
– Orlando
– Miami Dade
– Charlotte
• BANC Program Overview
– Business Assistance Team
– Eligible Areas
After
– Financial Assistance
– Measures
• Requested Action
Before
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
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
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
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
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
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)
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
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
Investing in Neighborhood Corridors
BANC
Financial Assistance
• Other
– Façade improvement grants
– Signage program
– Enterprise Zone
– Brownfields
– Impact fee waivers for change of use
Investing in Neighborhood Corridors
BANC
Measures
Did we…
• Improve the economic health?
• Improve the appearance?
• Improve the safety – real and perceived?
• Serve the neighborhood?
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
Investing in Neighborhood Corridors
BANC
Measures
• Safety
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–
–
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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
Investing in Neighborhood Corridors
• Background
• Case Studies
– Orlando
– Miami Dade
– Charlotte
• BANC Program Overview
– Business Assistance Team
– Eligible Areas
After
– Financial Assistance
– Measures
• Requested Action
Before
Investing in Neighborhood Corridors
Requested Action
Board direction regarding implementing
the Business Assistance for Neighborhood
Corridors Pilot Program in Pine Hills and
Azalea Park
Orange County
Investing in
Neighborhood Corridors
Neighborhood Preservation and
Revitalization Division
March 20, 2012
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