West Virginia Executive Spring 2019 | Page 28

investments; awarded more than $50,000 to projects and small businesses through its community crowd-funding program, Show of Hands; helped bring CO.STARTERS, an entrepreneur training program, to Wheeling; invested more than $8 million in the reuse of historic properties; helped reopen Wheeling’s Capitol Theatre; sup- ported 1,109 jobs; and generated $86.6 million in economic impact and $6.4 million in tax revenue. In that same time frame, Wheeling’s downtown vacancy rate has decreased from 32 percent to 15 percent, 124 build- ings have seen improvements, and the downtown has netted 37 new businesses. The growth of shopping, dining and art amenities and the addition of 100 new multi-family apartments have led to more people living in downtown Wheeling than at any other time in its history. “We have weathered the economic storm from the reduction of the coal and steel economies over prior decades, and now we are in the early stages of a renaissance,” says Wheeling Mayor Glenn Elliott. “New businesses are popping up, and Wheeling natives who moved away in years past are coming back. We are being seen as a city with brighter days ahead, and for the first time in decades, a sense of optimism is taking root within the community.” These incredible initiatives led to Wheeling being recognized as one of the best and brightest Main Street communi- ties in the country in 2019. Every year, the National Main Street Center recognizes standout communities that have imple- mented comprehensive, preservation-based CONGRATULATIONS, Steve Hedrick! From your friends at 26 WEST VIRGINIA EXECUTIVE commercial district revitalization plans with the Great American Main Street Award (GAMSA). These communities exemplify the use of the Main Street approach by revitalizing traditional downtowns and neighborhood business districts into thriving destinations with strong small business communities. In March at the Main Street Now Con- ference in Seattle, WA, Wheeling was named one of three GAMSA winners