Presentaion on local Main Street Program/Downtown Revitalization given as part of an Economic Development segment for a local leadership program on November 19, 2009

1. Leadership Rochester PresentationNovember 19, 2009 “Working together to make Rochester a destination and a source of pride”

2. National Trust for Historic Preservation National Preservation Act of 1966, ashes of Urban Renewal First three communities 1977, National 1980 46 States & three territories, 1,700 communities in United States 18 Main Street Communities in New Hampshire (1996) Rochester is one of 400 Accredited Main Street Programs

3. Four Points & Eight Principles Design, Outreach, Promotion, Economic Incremental Process Comprehensive Approach Quality Public/Private Partnerships Changing Attitudes Existing Assets Self-Help Program Implentation Oriented

4. Growth Cycle of a Main Street Program Start Up Phase 3-5 yrs, organization, assessment, projects Growth Phase 5-10 yrs, large projects, bigger impacts Maintenance Phase 10+ yrs, marketing, events, advocacy, training

5. Breaking the cycle of disinvestment… Businesses Property Ownership Private Investment Housing Availability Tax Revenues

6. Investments in Main Street District Private Investments 2007- 91 projects/$14,825 $1,349, 132 2008- 86 projects/$11,750 $1,011,325 2009- 71 projects/ $10,069 $ 714,914 $3,075, 371 Public Investments Hanson Street, Congress Street And Factory Court $1,825,000 Total $4,900, 371

7. Businesses, Housing, Volunteers Businesses Opening/Closing closed -8 opened -11 NET GAIN 3 208 Businesses Housing in Downtown – vacancies 79-2006/ 50 2009 37% reduction Value of Volunteers 2008- 1,854.5 @ $19.95 $35,999 Property Ownership- 46% Absentee-38% 18% reduction in absentee ownership

8. Impacts for Rochester 2006 Assessed Value of the Rochester Main Street District- $143,318,000 2009 Assessed Value of the Rochester Main Street District- $146,176,800 Increase of $2,858,000 (2%) Current rate of $19.99 (2006)= $249,586 Additional Annual Tax Revenue Investment Ratio $1: $29.28

9. What’s Next For Rochester Main Street New Investment Campaign Intensified Business Recruitment Stronger Partnerships Downtown Housing Advocacy Small Business Assistance Maintenance Issues Marketing/Branding Strategic Planning Special/Retail Events “Rediscover Rochester”

10. An Extreme Makeover