Revitalizing Commercial Corridors: Lessons from LISC MetroEdge

Helen Dunlap and Carl Vogel

Cascade, 2015, vol. 3

Abstract: In many low- and moderate-income communities, existing retail strips are underutilized or a shadow of their former selves, with vacant storefronts and a limited range of goods. Coordinated efforts by community-based organizations, local business owners, and municipal partners can create conditions to revitalize these strips and to spur economic growth by upgrading the physical surroundings, supporting existing businesses, attracting new stores, and improving the reputation of the community as a place to shop. As businesses grow, they provide a wider array of retail options to residents, add jobs in the community, and serve as well-maintained physical anchors, improving the use of public space in the neighborhood. Equally important, the process of working to improve the commercial corridor contributes to an overall increase in civic participation and strengthens the sense of community.1

Keywords: community development; urban planning; low-income; neighborhood revitalization (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.philadelphiafed.org/community-developm ... -from-lisc-metroedge (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedpca:0047

Access Statistics for this article

Cascade is currently edited by Becca Sells

More articles in Cascade from Federal Reserve Bank of Philadelphia Contact information at EDIRC.
Bibliographic data for series maintained by Becca Sells ().