The Economic Impact of Main Street in Michigan

| Monday, May 19 | 8 a.m. - 8:45 a.m. I Room: Ambassador Salon I | Session Track: EI

The numbers demonstrate that Main Street has been placemaking long before it was popular. For the last decade, the Michigan Main Street Center has assisted over 40 communities with design, planning, staff training and capacity building. From the rural Upper Peninsula to suburban Detriot, Main Street districts across Michigan have generated new jobs, businesses, and investments in historic downtowns. This session will present the results of an economic impact study of 10 years of Michigan Main Street data and will highlight the effectiveness of this economic development strategy.

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Donovan Rypkema, PlaceEconomics
Donovan Rypkema is principal of PlaceEconomics, a Washington, D.C.-based real estate and economic development consulting firm. The firm specializes in services to public and non-profit sector clients who are dealing with downtown and neighborhood commercial district revitalization and the reuse of historic structures. In 2004, Rypkema established Heritage Strategies International, created to provide similar services to worldwide clients. He was the 2012 recipient of the Louise du Pont Crowninshield Award, the National Trust for Historic Preservation’s highest honor.

Briana Paxton, PlaceEconomics
Briana Paxton is research associate and GIS specialist at PlaceEconomics. She holds a master’s degree in historic preservation from the University of Pennsylvania and an undergraduate degree from the College of William and Mary. She had a primary research responsibility for the PlaceEconomics’ studies of the impact of Main Street in New Mexico, North Carolina and Michigan.