Build Maine - Developers’ Secrets to Small-Scale Development
Thursday, June 8, 2017
1 p.m. - 4:30 p.m. EDT
CM | 3Add to My Log
This workshop will provide tricks of the trade for investing in the most financially productive parts of our communities – the downtown. Participants will gain insight on how to best utilize tax credits, creatively finance projects, attract interest, and get unused or underutilized commercial and residential buildings back in action. There will also be discussion on how to negotiate the myriad hurdles that challenge the small-scale developer and methods for ensuring the financial viability of a project.
1. How horizontal growth creates an illusion of wealth for local governments, providing nominal, near-term, financial gains in exchange for enormous, long-term financial obligations.
2. How to identify a financially productive place, one that produces more wealth for the community than it requires in services and subsidies.
3. How to make a sound investment that blends low risk / stable return investments with low risk / high return speculation.
Eric KronbergPrincipal, Kronberg Wall
Misty ParkerEconomic Development Specialist, City of Lewiston
Misty Parker, firstname.lastname@example.org