Bon Secours Richmond Health System and LISC (Local Initiatives Support Corporation)–the partnership that bestows SEED grants in the East End–brought LISC’s partner MetroEdge to town to conduct a study of the 25th Street and Nine Mile corridor.
According to its website…
MetroEdge tailors smart economic development strategies for specific, local places. Our approach identifies assets, inspires potential investors to take a different view of disinvested markets and helps communities take the reins of their economic futures.
We offer guidance and support for organizations that want to revitalize business districts using reliable metrics. We help neighborhoods, public officials and investors understand emerging markets, prepare for development and access the marketplace.
The result of their study will be actions taken towards a vital neighborhood commercial corridor invested in by the community. While they’ve come up with their recommendations, the next steps will come from a steering committee led by neighborhood residents and local organizations. MetroEdge recommended that Councilwoman Cynthia Newbille lead initial meetings.
Funding for next steps, depending on what they are, could be a combination of public and private funding. All action items were chosen for their ability to be implemented within the next 12-18 weeks.
For now, the formation of the steering committee will be the immediate focus while LISC reviews the recommendations and assesses sources of support, says Ebony Walden, LISC Program Officer.
Take a look at the presentation from the meetings, which gives fascinating data about which industries are and aren’t represented in Church Hill North, and which are needed.
And here, at the conclusion, were MetroEdge’s recommended steps.