Managing Capital Resources for Central City Revitalization

by Wagner,Fritz W.

• ISBN13: 9780815332138
• ISBN10: 0815332130
• Edition: 1st
• Format: Hardcover
• Copyright: 1999-12-01
• Publisher: Routledge

Summary

Much has been done since the end of the second world war to revitalize central cities. Some efforts have been piecemeal and haphazard (such as urban renewal) while others have been qualified successes (such as urban development action grants). Since 1980, however, the federal government has distanced itself from its role as benefactor to America's central cities. Urban mayors made up for drastically reduced federal and state funding by offering tax incentives (such as tax abatements and tax increment finance districts) to attract industry. Through such incentives many central cities, especially between 1982 and 1988, rebuilt their downtowns. The economic recession of 1989, however, put an end to this commercial opportunity. In contrast to these well-worn incentives, however, there are a small number of locally-based revitalization experiments which have been all but overlooked in the literature. This is possibly because they have not been formally supported by Washington. In this book we examine three revitalization experiments: TOADS, Business Improvement Dist

Table of Contents

Acknowledgments	vii
Series Editor's Preface	ix
Managing Capital Resources	1	(18)
Robert W. Becker
Robert A. Collins
Impacts of Urban Redevelopment in Central City Neighborhoods	19	(26)
Michael Goodman
Daniel Monti
TOADS: Instruments of Urban Revitalization	45	(36)
Elise Bright
Managing Development in New York City: The Case of Business Improvement Districts	81	(36)
Edward T. Rogowsky
Jill Simone Gross
Sports Stadia: A Strategy for Downtown Redevelopment	117	(30)
Arthur C. Nelson
Conclusion: Summary and Future Research	147	(8)
Fritz W. Wagner
Timothy E. Joder
Anthony J. Mumphrey Jr.
About the Editors	155	(2)
About the Contributors	157	(4)
Index	161