2. Understand how infrastructure investment can be a
driver for economic development in rural areas.
Review economic development planning and the
infrastructure that supports it.
Learn about townscaping and placemaking.
Review business & industrial park development.
Understand financing packages that are available for
infrastructure development including new programs.
3. Materials Management
Land Organizational
Buildings Structure
Location Managers/Operators
Infrastructure/Natural Research &
Resources
Development
Manpower/Labor Marketing & Sales
Skilled Personnel
Legal Expertise
Available Workforce
Education & Training Money
Capacity Equity/Ownership
Markets Capital
Market Analysis Debt/Borrower Funds
Competition Capitalizing
Penetration Institutions
Marketing Strategy Subsidy & Substitutes
for direct Capital
4. Our view is not "Build It and they will come"
but rather
“It will not happen if we do not have a plan & infrastructure”.
Planning Steps
1. Data Gathering & 4. Building Action
Analysis Plans
2. Selecting a local 5. Specifying Project
development Details
strategy 6. Overall
3. Selecting local Development Plan
development Preparation &
projects Implementation
5. Objective
Strategy Image Amenity Business
Building Improvement Improvement
Landbanking X X
Infrastructure Provision X X
Speculative Buildings X
Incentive Zoning X X
Regulation Improvement X X
Tourism Planning X X X
Townscaping X X X
Shopsteading X X
Housing & Neighborhood Imp. X X
Community Services X X X
9. Create an Organizing Structure
Strengthen Existing Retail
Improve Historical Value
Increase Adjacent Property Values
Land Use Infill and Economic
Redevelopment
Improve Safety
Promote a Diversity of Land Use
Encourage Compactness
Foster Intensity of Development
Ensure a Balance of Activities
Provide for Accessibility
Create Functional Linkages
Build a Positive Identity
10. Key Characteristics
A Diverse Market
Complimentary Uses
Pedestrian Activity
Lively Social Environment
A High Quality Place
Visually Appealing
Comfortable
Safe & Secure
“Creates Confidence, Commitment &
Encourages Investment”
11. Public Gatherings
Festival Space
Outdoor Markets
Outdoor Entertainment
Redevelopment Catalyst
Create Identity
12. Principles
• Sidewalk width
• Separation from traffic
• Define the edges
• Stimulate the eye
• Transparency
• Comfort
• Visibility & Safety
13. “If we can develop and
design streets that are
wonderful fulfilling places
to be…, then we will have
successfully designed
about one‐third of the city
directly and will had an
immense impact on the
rest.”
Allan B. Jacobs, “Great Streets”
19. Major Trends
Consolidation of major manufacturing & distribution
operations.
Speed to market demands & “just in time” shipping.
Strategic importance of proximity to intermodal transportation
& suppliers.
Flexibility to accommodate growth and change.
Sophisticated materials handling systems that support
increasing market demands for efficiency, customization and
“High Touch”.
Individualized requirements that demand an “inside out”
approach to infrastructure.
Access to competitive labor market.
A return to the urban core and adaptive reuse.
An increased awareness of energy and environmental issues.
20. Market Analysis
Provide Basic Infrastructure
Infrastructure Needs &
Right Sizing
Infrastructure Funding
Play to your Strengths
Long Term Horizon
Financial Pro forma
For every $1 of public money invested we want to
stimulate a minimum of $7 of private investment.
21.
22. Federal TIGER Grant Program
Federal Aid Transportation
Treasure State Endowment Program
Brownfield Program
Tax Increment Financing ‐ TIF
New Market Tax Credits
Community Development Bonds
Special Improvement Districts
Business Improvement Districts
Sustainable Communities Planning
Grants
23. National Highway System – NHS $68.2 M
Primary Highway System – STPP $91.1 M
Secondary Highway System – STPS
$26.5M
Urban Highway System – STPU $10.0 M
Community Transportation Enhancement
Program – CTEP $5.7M
Highway Safety Improvement Program ‐
HSIP $11.1 M
Congestion Mitigation & Air Quality –
CMAQ $9.5M
Federal TIGER Grant Program
Note: Montana 2011 Funding Allocation
24. TIGER III
Federal Program for infrastructure development that
supports economic development & job creation.
USDOT, HUD & EPA Collaboration.
$526.944 million total.
$140 million for rural areas ‐ generally areas with less than
50,000 people.
Urban areas: $10 million to $200 million grants, with a 20%
match requirement.
Rural areas: $1 million to $200 million grants, no match
requirement.
Pre‐application due October 3, 2011.
Final‐application due October 31, 2011.
September 30, 2013 ‐ Funds must be obligated.
25. Primary Selection Criteria Secondary Selection
Improve existing Criteria
transportation facilities and
minimize life‐cycle costs. Innovative strategy.
Contribute to long‐term Strong collaboration
economic competitiveness. among a range of
Increase transportation participants.
choices and access to
transportation services. Integration of
Improve energy efficiency. transportation with
Create and preserve jobs. other public service
Promote rapid increase in efforts.
economic activity.
26. Planning for economic development can drive
infrastructure development.
Townscaping & streetscaping are excellent strategies
supporting a number of economic development strategies.
Strive for a minimum of $7 return on every $1 invested.
Business & industrial park development requires careful
planning including market, financial and economic
analysis.
Funding mechanisms are available and can be complicated
to develop.
The new TIGER Grant program is infrastructure funding
targeted at economic development.