Economic Restructuring Committee
We develop a market strategy that will result in an improved retail mix, a stronger tax base, increased investor confidence, and a stable role for the Congress Heights Main Streets business district as a major component of the city’s economy.Economic restructuring strengthens your community's existing economic assets while diversifying its economic base. This is accomplished by retaining and expanding successful businesses to provide a balanced commercial mix, sharpening the competitiveness and merchandising skills of business owners, and attracting new businesses that the market can support. Converting unused or underused commercial space into economically productive property also helps boost the profitability of the district. The goal is to build a commercial district that responds to the needs of today's consumers. Coincidentally, the four points of the Main Street approach correspond with the four forces of real estate value, which are social, political, physical, and economic.
Chairperson(s)
Nate Howard
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Projects include retail recruitment activities, retail design strategy
