Main Street Specialist Leigh Young, AICP recently spent time with the board of directors from the Historic Lapeer - Main Street DDA during their annual board retreat, working on examining their Transformation Strategy and related strategic planning for the organization.
#MichiganMainStreet communities deploy transformation strategies to articulate a focused, deliberate path to revitalizing or strengthening a downtown or commercial district’s economy. Grounded by both an understanding of the underlying drivers of the local and regional economy, as well as community feedback and engagement, a Transformation Strategy should describe a market position that the commercial district can successfully fulfill.
An effective Transformation Strategy serves a particular customer segment, responds to an underserved market demand, or creates an authentic destination. Simply stated, a Transformation Strategy is a comprehensive economic development strategy that guides the direction of the revitalization journey and, over time, transforms the district. Learn more about Transformation Strategies on the Main Street #SolutionCenter at https://lnkd.in/gWj9Bk_g.
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