Economic Development and Innovation Committee Meeting
Raleigh Municipal Building 222 W. Hargett St., Raleigh, NC, United StatesGo to our Council Committees page to get information on how to watch the meeting, view agendas and minutes, view members, and see information about other Council Committees. Agenda Item Details Meeting Sep 24, 2024 - ECONOMIC DEVELOPMENT AND INNOVATION COMMITTEE Category MEETING CALLED TO ORDER BY THE CHAIR Subject Item 22-04: Downtown Raleigh Economic Development Strategy (2/13/24) Type Evan Raleigh, City Manager’s Office In July of 2021, City Council approved the allocation of $250,000 in American Rescue Plan Act funds to support a downtown economic development study in partnership with the Downtown Raleigh Alliance (DRA). After a competitive solicitation process, Interface Studios, a planning and urban design practice known for blending research and analytical thinking with design and public visioning, was selected to lead the project. The scope of the study focuses on various aspects of the downtown economy and concentrates specifically on the following areas Revitalization of Fayetteville Street and bolstering the downtown storefront economy Repositioning the downtown office market Improving minority and women-owned business opportunities Identifying catalytic projects that could spur energy in the downtown area During the February Council Work Session, Interface Studios presented an overview of the recommendations pertaining specifically to the Fayetteville Street portion of the Study. The […]