
Downtown Lexington | Photo by Jeff Rogers | www.jeffrogers.com
DLC to petition for downtown business management district
by Erik A. Carlson, 12.21.11, BizLex.com
Lexington, KY – The Downtown Lexington Corp. is hoping to collect enough signatures from downtown property owners to establish a Downtown Lexington Management District that would assess a pseudo property tax that would go to market and maintain the area.
Initially presented to stakeholders in May, the proposal would collect an assessed value on properties in an area roughly bordered by Vine and High Streets, Short Street, Broadway (including Rupp Arena) and Indiana Avenue in the direct center of downtown to establish a defined area that can be marketed and staffed by a group of paid but mostly volunteer people focusing on beautification and assistance.
“The idea behind the Downtown Lexington Management District … focuses a lot more on marketing, and there are some considerations for enhanced beautification and certainly coordinating with the police, but not adding to their staffing levels, and doing an ambassador program that is very common in cities to have people on the streets that can answer questions,” DLC President Renee Jackson said… Read more at BizLex.com
Downtown Lexington district would assess property fees
By Beverly Fortune, 12.9.11, Kentucky.com
The Downtown Lexington Corporation is proposing a downtown business improvement district that would assess property owners a fee and use the funds to market downtown and do other projects to increase the central business district’s economic development potential.
“A management district would function like a mall association where, if you have a business in a mall, part of your rent goes into a pool that provides joint services that benefit everyone,” said Renee Jackson, president of the DLC, a membership organization with downtown property owners, business owners and residents.
“We hear time and again that downtown needs marketing. These funds could go into a marketing campaign, but also for many other projects to boost the vitality of downtown,” Jackson said. “Marketing is a top priority, but not the only one.”… Read More at Kentucky.com
DLC Readies to Roll Out Petition for Downtown Management District: Property owners within district would pay $100 for every $100,000 of value to run district focused on marketing downtown
By Erik A. Carlson, 12.6.11, BizLex.com
Lexington, KY – The Downtown Lexington Corporation is hoping to begin next week collecting signatures of downtown property owners endorsing establishment of a Downtown Lexington Management District.
Initially presented to stakeholders in May, the proposal would collect an assessed value on properties in an area roughly bordered by Vine, Short, Broadway and Indiana in the direct center of downtown to establish a defined area that can be marketed and staffed by a group of some paid and some volunteer people focusing on beautification and assistance.
“The idea behind the Downtown Lexington Management District… focuses a lot more on marketing and there are some considerations for enhanced beautification and certainly coordinating with the police, but not adding to their staffing levels and doing an ambassador program that is very common in cities to have people on the streets that can answer questions,” DLC President Renee Jackson said… Read More at BizLex.com