Nj future redevelopment forum 2014 plenary baudouin

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Nj future redevelopment forum 2014 plenary baudouin

  1. 1. THE TRANSFORMATION OF DOWNTOWN PROVIDENCE Daniel Baudouin For the 2014 NJ Redevelopment Forum dbaudouin@provfoundation.com
  2. 2. Providence, RI: Population: 178,000 Region: 1.1 million Downtown workforce (02903 zip): 38,980 Downtown size: 130 acres ●
  3. 3. Assets • Location between Boston & New York • Train station (Amtrak/MBTA) • Colleges & universities • Arts • State capital • Compact size • Historic fabric • Restaurants
  4. 4. Pizza (#1) Hamburgers (#1) Fine-dining restaurants (#2) Sweets/desserts (#2)
  5. 5. What sparked the redevelopment process?
  6. 6. 6 main projects • Rail relocation • River relocation • Downcity/Westminster Street transformation • Providence Downtown Improvement District • Downtown Providence Parks Conservancy • I-195 relocation
  7. 7. Rail Relocation/Capital Center River Relocation Downtown Revitalization Downtown Parks DOWNTOWN PROVIDENCE I-195 Relocation
  8. 8. RAIL RELOCATION/ CAPITAL CENTER
  9. 9. RAIL RELOCATION/ CAPITAL CENTER
  10. 10. RIVER RELOCATION
  11. 11. RIVER RELOCATION
  12. 12. DOWNTOWN REVITALIZATION
  13. 13. DOWNTOWN REVITALIZATION
  14. 14. Peerless Building, Westminster Street
  15. 15. AS220 Mercantile Block
  16. 16. Decor Craft Inc.
  17. 17. Wilkinson building
  18. 18. The Arcade
  19. 19. DOWNTOWN IMPROVEMENT DISTRICT
  20. 20. PROVIDENCE DOWNTOWN IMPROVEMENT DISTRICT
  21. 21. DOWNTOWN PARKS
  22. 22. DOWNTOWN PARKS: Kennedy Plaza
  23. 23. I-195 RELOCATION
  24. 24. I-195 REDEVELOPMENT AREA
  25. 25. 20 years of downtown investment: What has it produced? • Total space rehabilitated and/or constructed (including Jewelry District and Capital center): 11 million SF • Private investment: >$2 billion • New housing: 1,400 units; 98% occupancy • Employment: 38,980 (02903 zipcode) • Retail: 27% vacancy (2003)  13% (2013) • WaterFire alone produces 1,000,000 visitors & 1,300 jobs
  26. 26. Why has Providence been successful? Fundamental elements 1. Create a vision that is bold, yet rooted in community assets. 2. Get consensus. 3. Have strong leadership. 4. Have cooperation and buy-in from all levels of government, private sector, individuals and institutions. 5. Develop good communication among key stakeholders. 6. PERSISTENCE! Have long-term viewpoint and long- term players. 7. Celebrate successes along the way. 8. Design excellence. Artists and architects add value. 9. CONNECT! Cities are about connection. adapted from Urban Land Institute’s report by William P. Macht: Remaking the Urban Waterfront, 2003 Rudy Bruner Award for Urban Excellence.
  27. 27. Success • Use of federal transportation funds • State investments • Partnership with city • Transit oriented development • Downcity Fund (Main Street program) • Organizational structure
  28. 28. Organizational lessons learned • The Providence Foundation – Downcity Fund • Providence Downtown Improvement District • Downtown Providence Parks Conservancy Working in partnership with all levels of government!
  29. 29. downtownprovidence.com www.provfoundation.com

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