WV Department of Commerce Main Street Benefits
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Benefits
Main Street Benefits
Restoring and revitalizing communities provides a sense of pride and commitment in neighborhoods, and empowers the people, businesses and organizations to achieve ongoing transformation.
Main Street districts will experience an increase in tourism through shopping and cultural and social activities; a stabilized or improved housing market; an increase in customers and sales; and an improved image.
Downtown revitalization:
Protects the existing tax base. The Main Street program protects and enhances private investment in banks, businesses and commercial property and public investment in water and sewer lines, streets and sidewalks.
Creates an incubator for business development. A viable downtown offers opportunities and incentives for new entrepreneurs, such as lower rent and technical assistance.
Attracts industrial development. Downtowns reflect the overall image a community projects to potential investors. An invigorated downtown makes a positive statement about the entire community.
Provides a point-of-focus and stability. A vibrant downtown gives the whole community and region a sense of pride and a positive self-image. It serves as an anchor for the community by providing stability that is necessary for economic growth.
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West Virginia Department of Commerce
Capitol Complex, Bldg. 6, Room 525
Charleston, WV 25305-0311
Phone: 800-982-3386 or (304) 558-2234
Fax: (304) 558-1189