2017 Economic Development Annual Report 2017 Economic Development Annual Report - Page 8

Annual Report - 2016/17 Garner Economic Development Downtown Revitalization Historic Downtown Garner connects our small town roots with our future as a growing crossroads of cultural arts, recreation, and creative entrepreneurship in the community. Through private development, public investment, and historic preservation, we’re expanding our downtown to become the destination for local flavor and flair in Garner. “Our historic downtown represents our town’s past, present, & future. Welcome to Main Street - a destination for local flavor & flair in Garner.” Mari Howe, Downtown Development Manager FULL BLOOM COMPLETES CONSTRUCTION BEGINS DOWNTOWN LAUNCHES DOWNTOWNGARNER.COM HISTORIC RENOVATION ON NEW REC CENTER THREE NEW EVENTS GETS A NEW LOOK Full Bloom Coffee & Craft is now open on Main Street. Owners Patrick & Michelle Byrd spent two years renovating the historic Bank of Garner building - the first Main Street Solutions Fund project to be completed in Wake County through a public private partnership with the North Carolina Main Street Center, Town of Garner, and the Garner Revitalization Association. The Town of Garner began construction of a new 40,000 sq. ft. recreation center in early 2017. The new civic anchor for downtown is part of a $9 million public investment in Main Street, funded by the town’s 2013 bond initiative. Site development for the new facility includes 8,000 sq. ft. for private development to expand the footprint of the downtown commercial distrcit New events like monthly Pop Up Markets and Outdoor Movies offer more opportunities to eat, shop, and play in downtown. The first April Food’s Day Food Truck Rodeo attracted over 4,000 people from around the Triangle. Downtown Garner undertook a rebranding effort in October 2016 to create a modern, user-friendly website and marketing materi- als. T-shirts, koozies, and stickers create a recognizable identity for Downtown Garner. . Main Street’s Economic Impact 2017 2016 2009-2017 Total $2,659,501 $1,101,551 $7,663,291 $870,723 $1,220,882 $6,822,539 $3,530,224 $2,322,433 $14,485,830 Net New Full Time Jobs Created 18 9 77 Net New Part Time Jobs Created 10 7 22 Net New Businesses Opened 1 2 13 # of Existing Businesses Expanded 0 1 5 # of Facades Redone 5 0 9 # of Building Rehabilitation Projects Completed 1 1 10 # of Public Improvement Projects Completed 2 1 15 624 556 2,596 $13,653 $12,165 $55,476 $ of New Public Investment $ of New Private Investment N ew I nvestment is U p +52% Increased public investment in downtown anchors & infrastructure encourages private investors to take a closer look at Main Street V olunteer E ngagement is U p +12% With new events and opportunities for leadership, community members are stepping up to get more involved in 6 Downtown Garner $ of Total New Investment # of Volunteer Hours Contributed to Downtown Value of Volunteer Contributions 7