SlideShare a Scribd company logo
Don’t Drown on Bad Choices or Numbers:  A Rational Economic Model  for Newport’s Waterfront   Teresa Crean, AICP, University of Rhode Island Coastal Resources Center/RI Sea Grant Paige Bronk, AICP, Director, City of Newport Planning & Development Francis X. Mahady, Principal, FXM Associates
Why RI Sea Grant is involved…  “ Honest Broker” / neutral facilitator PUBLIC-PRIVATE PARTNERSHIPS ,[object Object],[object Object],[object Object],[object Object],[object Object]
Why RI Sea Grant is involved…  ,[object Object],[object Object],[object Object],[object Object],[object Object],Integrated Coastal Management Process
National Sea Grant (NOAA) Rhode Island Sea Grant
Why RI Sea Grant is involved…  FUNDERS PARTNERS
Newport 2030 Workshop
Newport 2030 - Top 3 Priorities 1.  Create a  continuous harbor walk  that links all waterfront parcels and allows public access both laterally and along the shore.  3. Develop mechanisms to encourage  consistent coordination & communication  among different levels of government, commissions, and officials so that they may identify and work toward common goals for Newport’s waterfront. 2.  Honor the   working waterfront , maintain its relevance, and preserve its identity.
Public Access  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Why an Economic Study?  ,[object Object],[object Object],[object Object]
Scope - Economic Study   ,[object Object],[object Object],[object Object]
Economic Study Steering Committee  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],CONSULTANT:   FXM Associates Francis X. Mahady, Principal
Newport, RI “City by the Sea”
Newport, RI “City by the Sea” NEWPORT HARBOR
sailnewport.org
Waterfront Study Area
Economic Study: Data ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
RI Statewide Ports & Harbors ,[object Object],[object Object],[object Object],[object Object],Insert map
RI Statewide Ports & Harbors
Zoning
Commercial Fishing Operations  ,[object Object],[object Object],[object Object],[object Object],COMMERCIAL FISHING PIER: State Pier #9 (RIDEM) – 60 full-time commercial fishing vessels, mostly lobster boats In 2006, 48 vessels with federal licenses listed Newport as their home port  Fishing-related businesses have left Newport & fishermen must go to Point Judith or New Bedford for supplies Source: Ocean SAMP Fisheries Chapter, to be published August 2010
City Redevelopment Efforts  U.S. Navy Hospital Van Zandt Pier Perrotti Park / Long Wharf U.S. Post Office Armory / Ann St. Pier Lee’s Wharf King Park
Harbor Uses & Revenues  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Special Events  Newport International Boat Show Brokerage Boat Show / Wooden Boat Show Tall Ships Regattas Sail Newport / 12-Metre / 6-Metre Folk & Jazz Festivals @ Fort Adams Black Ships Festival  Seafood/Chowder Festivals & Clambakes Dockwise Transport
Interviews with Waterfront Businesses and Other Key Actors ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Interviews – Major Themes ,[object Object],[object Object],[object Object]
Theme 1:   Preserve Newport’s Working Waterfront ,[object Object],[object Object],[object Object],[object Object],[object Object]
Theme 2:   Maintain diversity of commercial uses and public access to the water ,[object Object],[object Object],[object Object]
Theme 3:   Better management of waterfront as economic development asset ,[object Object],[object Object],[object Object]
[object Object],[object Object]
Municipal revenues from property tax and other revenue sources in the Newport Harbor Study area, which totaled over $9.7M in 2009.
Of the $9.7M in City revenues derived from property and other taxes and fees within the Harbor Study Area in 2009, approximately $5.2M (54%) is attributable to water-dependent uses and public access to the water.
Water dependent land uses in the Newport Harbor Study Area are directly and indirectly responsible for considerably higher municipal revenue yields per acre than either general commercial land uses or residential condominiums.
[object Object]
Planning Factors for Per Acre Yield in Total Municipal Revenues by Land Use Type
[object Object],[object Object],Employment Effects
Conclusion - Economic Study   ,[object Object]
Next Steps - Economic Study   ,[object Object],[object Object],[object Object],[object Object]
Contacts ,[object Object],[object Object],[object Object],seagrant.gso.uri.edu/ai/nh_economicdevelopment.html www.cityofnewport.com/departments/planning-development/home.cfm
Don’t Drown on Bad Choices or Numbers:  A Rational Economic Model  for Newport’s Waterfront   Teresa Crean, AICP, University of Rhode Island Coastal Resources Center/RI Sea Grant Paige Bronk, AICP, Director, City of Newport Planning & Development Francis X. Mahady, Principal, FXM Associates

More Related Content

What's hot

Bond Election Presentation
Bond Election PresentationBond Election Presentation
Bond Election Presentation
micahgrau
 

What's hot (6)

FY 21 Debt Issuance
FY 21 Debt IssuanceFY 21 Debt Issuance
FY 21 Debt Issuance
 
RV 2014: Mind Our Dust- Supporting Businesses During Construction by Ellen Mu...
RV 2014: Mind Our Dust- Supporting Businesses During Construction by Ellen Mu...RV 2014: Mind Our Dust- Supporting Businesses During Construction by Ellen Mu...
RV 2014: Mind Our Dust- Supporting Businesses During Construction by Ellen Mu...
 
Bond Election Presentation
Bond Election PresentationBond Election Presentation
Bond Election Presentation
 
Minutes151022
Minutes151022Minutes151022
Minutes151022
 
May 4 presentation re: Johnwoods closure
May 4 presentation re: Johnwoods closureMay 4 presentation re: Johnwoods closure
May 4 presentation re: Johnwoods closure
 
Town of Franklin: DPW Overview 04/07/21
Town of Franklin: DPW Overview 04/07/21Town of Franklin: DPW Overview 04/07/21
Town of Franklin: DPW Overview 04/07/21
 

Viewers also liked

Structural Functionalism
Structural FunctionalismStructural Functionalism
Structural Functionalism
Janette Balagot
 

Viewers also liked (8)

IZ Workshop 2014: B1 fair housing lottery procedures
IZ Workshop 2014: B1 fair housing lottery proceduresIZ Workshop 2014: B1 fair housing lottery procedures
IZ Workshop 2014: B1 fair housing lottery procedures
 
IZ Workshop 2014: B1 fair housing somerville marketing ad
IZ Workshop 2014: B1 fair housing somerville marketing adIZ Workshop 2014: B1 fair housing somerville marketing ad
IZ Workshop 2014: B1 fair housing somerville marketing ad
 
IZ Workshop 2014: B3 Getting Units on the SHI
IZ Workshop 2014: B3 Getting Units on the SHIIZ Workshop 2014: B3 Getting Units on the SHI
IZ Workshop 2014: B3 Getting Units on the SHI
 
IZ Workshop 2014: B3 Getting Units to Count
IZ Workshop 2014: B3 Getting Units to CountIZ Workshop 2014: B3 Getting Units to Count
IZ Workshop 2014: B3 Getting Units to Count
 
IZ Workshop 2014: Sheila dillon lunch presentation
IZ Workshop 2014: Sheila dillon lunch presentationIZ Workshop 2014: Sheila dillon lunch presentation
IZ Workshop 2014: Sheila dillon lunch presentation
 
IZ Workshop 2014: B1 Affirmative Fair Housing
IZ Workshop 2014: B1 Affirmative Fair HousingIZ Workshop 2014: B1 Affirmative Fair Housing
IZ Workshop 2014: B1 Affirmative Fair Housing
 
Structural Functionalism
Structural FunctionalismStructural Functionalism
Structural Functionalism
 
You Are Not As Rational As You Think
You Are Not As Rational As You ThinkYou Are Not As Rational As You Think
You Are Not As Rational As You Think
 

Similar to Don't Drown on Bad Choices or Numbers: A Rational Economic Model for Newport's Waterfront

Fall_2015-PortReport-web
Fall_2015-PortReport-webFall_2015-PortReport-web
Fall_2015-PortReport-web
Mary Murphy
 
Sosc3710Ppp Downsview test
Sosc3710Ppp  Downsview testSosc3710Ppp  Downsview test
Sosc3710Ppp Downsview test
Pawel Nurzynski
 
SOSC3710 - downsview TEST
SOSC3710 - downsview TESTSOSC3710 - downsview TEST
SOSC3710 - downsview TEST
Pawel Nurzynski
 
2016 COBI Budget in Brief (FINAL)
2016 COBI Budget in Brief (FINAL)2016 COBI Budget in Brief (FINAL)
2016 COBI Budget in Brief (FINAL)
Jenna Boyd
 
2012 10 A Partnership Approach, experiences from the DeltaNet project Paul P...
2012 10 A Partnership Approach, experiences from the DeltaNet project  Paul P...2012 10 A Partnership Approach, experiences from the DeltaNet project  Paul P...
2012 10 A Partnership Approach, experiences from the DeltaNet project Paul P...
SevernEstuary
 
Document Finished
Document FinishedDocument Finished
Document Finished
Gregg Boyd
 
Destination SA Presentation slides 05 17-11 edit
Destination SA Presentation slides 05 17-11 editDestination SA Presentation slides 05 17-11 edit
Destination SA Presentation slides 05 17-11 edit
kalderete
 

Similar to Don't Drown on Bad Choices or Numbers: A Rational Economic Model for Newport's Waterfront (20)

2012_Final_Budget
2012_Final_Budget2012_Final_Budget
2012_Final_Budget
 
Fall_2015-PortReport-web
Fall_2015-PortReport-webFall_2015-PortReport-web
Fall_2015-PortReport-web
 
2008 Comprehensive Plan
2008 Comprehensive Plan2008 Comprehensive Plan
2008 Comprehensive Plan
 
Treatment plant relocation
Treatment plant relocationTreatment plant relocation
Treatment plant relocation
 
Edinburgh Harbour Forth Ports Planning Application
Edinburgh Harbour Forth Ports Planning ApplicationEdinburgh Harbour Forth Ports Planning Application
Edinburgh Harbour Forth Ports Planning Application
 
IRJET- A Sustainable Approach for Urban Riverfront Development
IRJET-  	  A Sustainable Approach for Urban Riverfront DevelopmentIRJET-  	  A Sustainable Approach for Urban Riverfront Development
IRJET- A Sustainable Approach for Urban Riverfront Development
 
Port of Long Beach - Final Presentation.
Port of Long Beach - Final Presentation.Port of Long Beach - Final Presentation.
Port of Long Beach - Final Presentation.
 
Sosc3710Ppp Downsview test
Sosc3710Ppp  Downsview testSosc3710Ppp  Downsview test
Sosc3710Ppp Downsview test
 
SOSC3710 - downsview TEST
SOSC3710 - downsview TESTSOSC3710 - downsview TEST
SOSC3710 - downsview TEST
 
Presentations_LAC water beam_TNC_Sep16_2013
Presentations_LAC water beam_TNC_Sep16_2013Presentations_LAC water beam_TNC_Sep16_2013
Presentations_LAC water beam_TNC_Sep16_2013
 
Slideshow: RiverFirst Design and Implementation Plan (presented Sept 2011)
Slideshow: RiverFirst Design and Implementation Plan (presented Sept 2011)Slideshow: RiverFirst Design and Implementation Plan (presented Sept 2011)
Slideshow: RiverFirst Design and Implementation Plan (presented Sept 2011)
 
Opening Plenary: Taking a Stand for Regional Development
Opening Plenary: Taking a Stand for Regional DevelopmentOpening Plenary: Taking a Stand for Regional Development
Opening Plenary: Taking a Stand for Regional Development
 
2016 COBI Budget in Brief (FINAL)
2016 COBI Budget in Brief (FINAL)2016 COBI Budget in Brief (FINAL)
2016 COBI Budget in Brief (FINAL)
 
2012 10 A Partnership Approach, experiences from the DeltaNet project Paul P...
2012 10 A Partnership Approach, experiences from the DeltaNet project  Paul P...2012 10 A Partnership Approach, experiences from the DeltaNet project  Paul P...
2012 10 A Partnership Approach, experiences from the DeltaNet project Paul P...
 
Property Redevelopment Proposal (Final Yr Project)
Property Redevelopment Proposal (Final Yr Project)Property Redevelopment Proposal (Final Yr Project)
Property Redevelopment Proposal (Final Yr Project)
 
Pollution Reduction Revloving Fund for the LMEs of East Asia
Pollution Reduction Revloving Fund for the LMEs of East AsiaPollution Reduction Revloving Fund for the LMEs of East Asia
Pollution Reduction Revloving Fund for the LMEs of East Asia
 
SLIPP SC TT PAC meeting June 2010 with ECE update
SLIPP SC TT PAC meeting June 2010 with ECE updateSLIPP SC TT PAC meeting June 2010 with ECE update
SLIPP SC TT PAC meeting June 2010 with ECE update
 
Document Finished
Document FinishedDocument Finished
Document Finished
 
Destination SA Presentation slides 05 17-11 edit
Destination SA Presentation slides 05 17-11 editDestination SA Presentation slides 05 17-11 edit
Destination SA Presentation slides 05 17-11 edit
 
Port Re-designation Project: Maysville Chamber of Commerce March 6 M.Johnson ...
Port Re-designation Project: Maysville Chamber of Commerce March 6 M.Johnson ...Port Re-designation Project: Maysville Chamber of Commerce March 6 M.Johnson ...
Port Re-designation Project: Maysville Chamber of Commerce March 6 M.Johnson ...
 

More from American Planning Association - Massachusetts Chapter

More from American Planning Association - Massachusetts Chapter (20)

IZ Workshop 2014: B1 fair housing lottery cover letter
IZ Workshop 2014: B1 fair housing lottery cover letterIZ Workshop 2014: B1 fair housing lottery cover letter
IZ Workshop 2014: B1 fair housing lottery cover letter
 
IZ Workshop 2014: B1 fair housing language line instructions
IZ Workshop 2014: B1 fair housing language line instructionsIZ Workshop 2014: B1 fair housing language line instructions
IZ Workshop 2014: B1 fair housing language line instructions
 
IZ Workshop 2014: B1 andover ad and info fair housing
IZ Workshop 2014: B1 andover ad and info fair housingIZ Workshop 2014: B1 andover ad and info fair housing
IZ Workshop 2014: B1 andover ad and info fair housing
 
IZ Workshop 2014: B1 affirmative fair marketing natick
IZ Workshop 2014: B1 affirmative fair marketing natick IZ Workshop 2014: B1 affirmative fair marketing natick
IZ Workshop 2014: B1 affirmative fair marketing natick
 
IZ Workshop 2014: A3 inclusionary zoning avalonbay
IZ Workshop 2014: A3 inclusionary zoning avalonbayIZ Workshop 2014: A3 inclusionary zoning avalonbay
IZ Workshop 2014: A3 inclusionary zoning avalonbay
 
IZ Workshop 2014: A3 Oaktree Portfolio
IZ Workshop 2014: A3 Oaktree PortfolioIZ Workshop 2014: A3 Oaktree Portfolio
IZ Workshop 2014: A3 Oaktree Portfolio
 
IZ Workshop 2014: A2 when zoning generates funds for affordable housing acton
IZ Workshop 2014: A2 when zoning generates funds for affordable housing   actonIZ Workshop 2014: A2 when zoning generates funds for affordable housing   acton
IZ Workshop 2014: A2 when zoning generates funds for affordable housing acton
 
IZ Workshop 2014: A1 summary table of inclusionary zoning
IZ Workshop 2014: A1 summary table of inclusionary zoningIZ Workshop 2014: A1 summary table of inclusionary zoning
IZ Workshop 2014: A1 summary table of inclusionary zoning
 
IZ Workshop 2014: A1 shrewsbury inclusionary zoning
IZ Workshop 2014: A1 shrewsbury inclusionary zoningIZ Workshop 2014: A1 shrewsbury inclusionary zoning
IZ Workshop 2014: A1 shrewsbury inclusionary zoning
 
IZ Workshop 2014: A1 groton inclusionary zoning
IZ Workshop 2014: A1 groton inclusionary zoningIZ Workshop 2014: A1 groton inclusionary zoning
IZ Workshop 2014: A1 groton inclusionary zoning
 
IZ Workshop 2014: A1 cambridge inclusionary housing
IZ Workshop 2014: A1 cambridge inclusionary housingIZ Workshop 2014: A1 cambridge inclusionary housing
IZ Workshop 2014: A1 cambridge inclusionary housing
 
IZ Workshop 2014: DHCD Getting Units to Count
IZ Workshop 2014: DHCD Getting Units to CountIZ Workshop 2014: DHCD Getting Units to Count
IZ Workshop 2014: DHCD Getting Units to Count
 
SNEAPA 2013 Friday h1 3_15_ethics session 10 2013 revised
SNEAPA 2013 Friday h1 3_15_ethics session 10 2013 revisedSNEAPA 2013 Friday h1 3_15_ethics session 10 2013 revised
SNEAPA 2013 Friday h1 3_15_ethics session 10 2013 revised
 
SNEAPA 2013 Thursday a3 9_15_aicp exam overview
SNEAPA 2013 Thursday a3 9_15_aicp exam overviewSNEAPA 2013 Thursday a3 9_15_aicp exam overview
SNEAPA 2013 Thursday a3 9_15_aicp exam overview
 
SNEAPA 2013 Thursday session creating vibrant places draft 5.1
SNEAPA 2013 Thursday session creating vibrant places draft 5.1SNEAPA 2013 Thursday session creating vibrant places draft 5.1
SNEAPA 2013 Thursday session creating vibrant places draft 5.1
 
SNEAPA 2013 Thursday c1 1_45_land use law
SNEAPA 2013 Thursday c1 1_45_land use lawSNEAPA 2013 Thursday c1 1_45_land use law
SNEAPA 2013 Thursday c1 1_45_land use law
 
SNEAPA 2013 Thursday b4 10_30_who do we plan for - sneapa (all presentations)
SNEAPA 2013 Thursday b4 10_30_who do we plan for - sneapa (all presentations)SNEAPA 2013 Thursday b4 10_30_who do we plan for - sneapa (all presentations)
SNEAPA 2013 Thursday b4 10_30_who do we plan for - sneapa (all presentations)
 
SNEAPA 2013 Thursday a2 9_15_mutual gains
SNEAPA 2013 Thursday a2 9_15_mutual gainsSNEAPA 2013 Thursday a2 9_15_mutual gains
SNEAPA 2013 Thursday a2 9_15_mutual gains
 
SNEAPA 2013 Friday g3 1_45_what is important to us
SNEAPA 2013 Friday g3 1_45_what is important to usSNEAPA 2013 Friday g3 1_45_what is important to us
SNEAPA 2013 Friday g3 1_45_what is important to us
 
SNEAPA 2013 Friday f5 10_30_public_private
SNEAPA 2013 Friday f5 10_30_public_privateSNEAPA 2013 Friday f5 10_30_public_private
SNEAPA 2013 Friday f5 10_30_public_private
 

Recently uploaded

NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
Khaled Al Awadi
 
chapter 10 - excise tax of transfer and business taxation
chapter 10 - excise tax of transfer and business taxationchapter 10 - excise tax of transfer and business taxation
chapter 10 - excise tax of transfer and business taxation
AUDIJEAngelo
 

Recently uploaded (20)

NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
 
Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...
Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...
Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...
 
Unleash Data Power with EnFuse Solutions' Comprehensive Data Management Servi...
Unleash Data Power with EnFuse Solutions' Comprehensive Data Management Servi...Unleash Data Power with EnFuse Solutions' Comprehensive Data Management Servi...
Unleash Data Power with EnFuse Solutions' Comprehensive Data Management Servi...
 
12 Conversion Rate Optimization Strategies for Ecommerce Websites.pdf
12 Conversion Rate Optimization Strategies for Ecommerce Websites.pdf12 Conversion Rate Optimization Strategies for Ecommerce Websites.pdf
12 Conversion Rate Optimization Strategies for Ecommerce Websites.pdf
 
BeMetals Presentation_May_22_2024 .pdf
BeMetals Presentation_May_22_2024   .pdfBeMetals Presentation_May_22_2024   .pdf
BeMetals Presentation_May_22_2024 .pdf
 
8 Questions B2B Commercial Teams Can Ask To Help Product Discovery
8 Questions B2B Commercial Teams Can Ask To Help Product Discovery8 Questions B2B Commercial Teams Can Ask To Help Product Discovery
8 Questions B2B Commercial Teams Can Ask To Help Product Discovery
 
HR and Employment law update: May 2024.
HR and Employment law update:  May 2024.HR and Employment law update:  May 2024.
HR and Employment law update: May 2024.
 
5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer
 
State of D2C in India: A Logistics Update
State of D2C in India: A Logistics UpdateState of D2C in India: A Logistics Update
State of D2C in India: A Logistics Update
 
Equinox Gold Corporate Deck May 24th 2024
Equinox Gold Corporate Deck May 24th 2024Equinox Gold Corporate Deck May 24th 2024
Equinox Gold Corporate Deck May 24th 2024
 
Team-Spandex-Northern University-CS1035.
Team-Spandex-Northern University-CS1035.Team-Spandex-Northern University-CS1035.
Team-Spandex-Northern University-CS1035.
 
Luxury Artificial Plants Dubai | Plants in KSA, UAE | Shajara
Luxury Artificial Plants Dubai | Plants in KSA, UAE | ShajaraLuxury Artificial Plants Dubai | Plants in KSA, UAE | Shajara
Luxury Artificial Plants Dubai | Plants in KSA, UAE | Shajara
 
Byrd & Chen’s Canadian Tax Principles 2023-2024 Edition 1st edition Volumes I...
Byrd & Chen’s Canadian Tax Principles 2023-2024 Edition 1st edition Volumes I...Byrd & Chen’s Canadian Tax Principles 2023-2024 Edition 1st edition Volumes I...
Byrd & Chen’s Canadian Tax Principles 2023-2024 Edition 1st edition Volumes I...
 
Unlock Your TikTok Potential: Free TikTok Likes with InstBlast
Unlock Your TikTok Potential: Free TikTok Likes with InstBlastUnlock Your TikTok Potential: Free TikTok Likes with InstBlast
Unlock Your TikTok Potential: Free TikTok Likes with InstBlast
 
Cracking the Change Management Code Main New.pptx
Cracking the Change Management Code Main New.pptxCracking the Change Management Code Main New.pptx
Cracking the Change Management Code Main New.pptx
 
USA classified ads posting – best classified sites in usa.pdf
USA classified ads posting – best classified sites in usa.pdfUSA classified ads posting – best classified sites in usa.pdf
USA classified ads posting – best classified sites in usa.pdf
 
April 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products NewsletterApril 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products Newsletter
 
Special Purpose Vehicle (Purpose, Formation & examples)
Special Purpose Vehicle (Purpose, Formation & examples)Special Purpose Vehicle (Purpose, Formation & examples)
Special Purpose Vehicle (Purpose, Formation & examples)
 
chapter 10 - excise tax of transfer and business taxation
chapter 10 - excise tax of transfer and business taxationchapter 10 - excise tax of transfer and business taxation
chapter 10 - excise tax of transfer and business taxation
 
The Leading Cyber Security Entrepreneur of India in 2024.pdf
The Leading Cyber Security Entrepreneur of India in 2024.pdfThe Leading Cyber Security Entrepreneur of India in 2024.pdf
The Leading Cyber Security Entrepreneur of India in 2024.pdf
 

Don't Drown on Bad Choices or Numbers: A Rational Economic Model for Newport's Waterfront

  • 1. Don’t Drown on Bad Choices or Numbers: A Rational Economic Model for Newport’s Waterfront Teresa Crean, AICP, University of Rhode Island Coastal Resources Center/RI Sea Grant Paige Bronk, AICP, Director, City of Newport Planning & Development Francis X. Mahady, Principal, FXM Associates
  • 2.
  • 3.
  • 4. National Sea Grant (NOAA) Rhode Island Sea Grant
  • 5.
  • 6. Why RI Sea Grant is involved… FUNDERS PARTNERS
  • 8. Newport 2030 - Top 3 Priorities 1. Create a continuous harbor walk that links all waterfront parcels and allows public access both laterally and along the shore. 3. Develop mechanisms to encourage consistent coordination & communication among different levels of government, commissions, and officials so that they may identify and work toward common goals for Newport’s waterfront. 2. Honor the working waterfront , maintain its relevance, and preserve its identity.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13. Newport, RI “City by the Sea”
  • 14. Newport, RI “City by the Sea” NEWPORT HARBOR
  • 16.
  • 17.
  • 18.
  • 20.
  • 21.
  • 22. RI Statewide Ports & Harbors
  • 24.
  • 25. City Redevelopment Efforts U.S. Navy Hospital Van Zandt Pier Perrotti Park / Long Wharf U.S. Post Office Armory / Ann St. Pier Lee’s Wharf King Park
  • 26.
  • 27. Special Events Newport International Boat Show Brokerage Boat Show / Wooden Boat Show Tall Ships Regattas Sail Newport / 12-Metre / 6-Metre Folk & Jazz Festivals @ Fort Adams Black Ships Festival Seafood/Chowder Festivals & Clambakes Dockwise Transport
  • 28.
  • 29.
  • 30.
  • 31.
  • 32.
  • 33.
  • 34. Municipal revenues from property tax and other revenue sources in the Newport Harbor Study area, which totaled over $9.7M in 2009.
  • 35. Of the $9.7M in City revenues derived from property and other taxes and fees within the Harbor Study Area in 2009, approximately $5.2M (54%) is attributable to water-dependent uses and public access to the water.
  • 36.
  • 37. Water dependent land uses in the Newport Harbor Study Area are directly and indirectly responsible for considerably higher municipal revenue yields per acre than either general commercial land uses or residential condominiums.
  • 38.
  • 39. Planning Factors for Per Acre Yield in Total Municipal Revenues by Land Use Type
  • 40.
  • 41.
  • 42.
  • 43.
  • 44. Don’t Drown on Bad Choices or Numbers: A Rational Economic Model for Newport’s Waterfront Teresa Crean, AICP, University of Rhode Island Coastal Resources Center/RI Sea Grant Paige Bronk, AICP, Director, City of Newport Planning & Development Francis X. Mahady, Principal, FXM Associates

Editor's Notes

  1. Newport is about an hour and a half south of Boston and is known as the “City by the Sea”. The city is internationally known as a destination for recreational boating and yachting, Naval Station Newport and the Naval War College, beaches and access to the ocean along the famous Cliff Walk, its historic colonial-era neighborhoods, as well as the opulent gilded-age mansions.
  2. Newport is about an hour and a half south of Boston and is known as the “City by the Sea”. The city is internationally known as a destination for recreational boating and yachting, Naval Station Newport and the Naval War College, beaches and access to the ocean along the famous Cliff Walk, its historic colonial-era neighborhoods, as well as the opulent gilded-age mansions.