An Ambitious Vision
Lowertown Redevelopment Corporation (LRC) has been the catalyst
for Lowertown's success. Over the years, this non-profit partnership
has addressed a variety of design issues in the neighborhood to
assure that new development harmonizes with the existing historic
fabric of the community. It has aggressively marketed the area
to potential investors, developers, renters, home buyers and visitors.
And when needed to get an important project off the ground, it
has provided gap financing assistance - in carefully monitored
and limited amounts.
A Unique Partnership
The result of LRC's unique partnership with the City and the private
sector has been the successful planning and execution of a development
strategy for the 18-block historic district, an effort which has
succeeded beyond anyone's expectations.
LRC's ambitious vision called for the creation of a dynamic mix
of housing, offices, retail stores, services, restaurants, theaters,
parks and public spaces, supported by a marketing strategy that
would attract people, business and investment to the area, creating
a new and vital community in the heart of the city.
A New Model for Urban Revitalization
After nearly a quarter century of work and investment, this new
urban village and the success of Lowertown Redevelopment Corporation
as its catalyst have emerged as models for cities across the country
and around the world. They are unique examples of how public and
private interests, sharing a common vision and working together
in harmony, can dramatically alter the future of a neighborhood.
Hundreds of civic leaders, planners and developers from across
the U.S., as well as their counterparts in dozens of foreign countries,
have come to Lowertown to learn the techniques pioneered here.
News of Lowertown's success has been published in many languages,
including French, Japanese, Chinese, German and Korean in addition