Keeping the Lights on Downtown in America's Small Cities
Lessons learned and ideas on restoring declining inner citiesincluding Haltom City and other small citiesWhy can't we identify declining inner cities and save them instead of waiting to rebuild them?An aging city core is not unusual, and arguably is almost imminent. There have been many studies about the struggle to rebuild the inner cities, especially for housing and transportation systems. But as people look for the shiny penny, properties get old, rents fall, businesses move or close, and what is left is hard to bring back to its former glory. This book explores a not unique perspective, identifying these trends in advance, and taking steps to prevent the demise. Lessons learned and illusive solutions for revitalizing the inner city before it failsMayors, City Managers, and members of City Councils across our nation are struggling to find ways to bring prosperity and jobs back to once-proud neighborhoods. Written like a business book, the lessons seem obvious, but illusive public money is unlikely to bring a quick revitalization, and private investment is a must. The authors research shows that the best place to start is with a vibrant business community, and a city mantra of nurturing small businesses, old and new, to bring jobs services and employment. The benefits including a stronger tax base seem like a no-brainer, yet cities are slow to change, and without dynamic leadership including business experience, the job is daunting. Such a focus when leveraged with public tools, housing and transportation restorative efforts, can prevent decrepit boarded up buildings and a downward spiral which no one wants. As COVID has changed everything which cities will win the beauty contest with a plan for revitalization, and backfill the closing retail and office spaces?This book examines ways to help local government understand and leverage the power of entrepreneurial thinking and private investment.