the Local Economy Labs
Wayne Emerson, EDFP [https://www.linkedin.com/feed/#] Director of Economic Development is the creative genius behind idea to start Amenity Grant for Addison, Texas [https://www.linkedin.com/feed/#]. We had the pleasure to speak and learn from Wayne and Marc Grossfeld, CFA [https://www.linkedin.com/feed/#] Managing Partner at Sunwest Real Estate Group [https://www.linkedin.com/feed/#] about their collaboration to improve commercial real estate buildings and sustain/bring more businesses to the town to increase/retain their property tax revenue. And guess what ... its working wonders In this #podcast, they talk about: * What is unique about Addison * Population vs. businesses; Commercial Real Estate * Taxable income being major revenue source for the city * Amenity Grant program * What is it * Amount allocated * How do you distribute it and select recipients * Partnership with Sunwest Real Estate Group * KPIs: Measuring program success? * Do's and Don'ts for leasing a commercial space - Mistakes to avoid and bunch of ear nuggets along the way.
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