The Economics element aims to recognize and develop strengths within each targeted ROW Focus Area and collaborate with all stakeholders to create opportunities for economic growth.
Waterway improvements become an opportunity for economic growth for adjacent neighborhoods.
|Metric||Increase capital investment within ROW Focus Areas|
|Goal||10% Increase in residential property tax base, commercial property tax base, and business personal property tax base within ½-mile of waterways by 2020|
|Outcome||Increase city tax base|
|Metric||Increase brownfield parcels’ assessments, remediation, and/or redevelopments within ROW Focus Areas|
|Goal||70,000ft of brownfield area assessed, remediated, and/or redeveloped within ½-mile of waterways for overall ROW Focus Areas by 2020|
|Outcome||Land remediated and prepared for other uses|