What are the benefits of Main Street?
Written by Mike Archibald Friday, 25 June 2010 14:04
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What are the benefits of Main Street?
The health of downtown is at the very heart of the quality of life within a community. A prosperous, attractive downtown business district becomes a visible barometer for the well being of the entire community. The Main Street program includes many benefits.
Protects the existing tax base
The Main Street program protects and enhances private investment in banks, businesses, and commercial property as well as public investment in streets, sidewalks, water, and sewer lines.
An incubator for new business
A viable downtown offers opportunities and incentives for the new entrepreneur such as lower rent and technical assistance.
Attraction for economic development
Downtown reflects the overall image a community projects to potential investors. An invigorated downtown makes a very positive statement about the whole community.
Provides a point of focus and stability
A vibrant downtown gives the whole community and region a sense of pride and positive self-image. It serves as an anchor for the community providing stability necessary for economic growth.
Preserves the historical fabric of the community
In a healthy downtown, property owners are more willing to invest in and maintain historic commercial buildings, thereby preserving an important part of the community’s and Wyoming’s heritage.
Improves economic conditions downtown
A healthy downtown attracts new businesses, creates jobs, and strengthens service and retail markets. By diversifying the business mix and recruiting new businesses, dollars that would be spent elsewhere are spent locally.




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