The Business Development Program has successfully served downtown, working directly with downtown employers to address their needs; working with potential downtown tenants to assist in their location decisions; working with those who are considering investing or already have invested in downtown; creating and providing downtown overviews to investors, brokers, tenants and others; conducting office, transportation and other studies; gathering information on downtown parking, hotels, office space, etc; and providing content to the Doing Business section of downtown’s information portal to make resources available to as many others as possible.
Highlights include the following:
- Conducting an analysis of the downtown office market for nine years, providing an understanding from the building owner point of view of the most recent year and historically for 32 years.
- Creating and distributing a quarterly downtown real estate update to more than 4,000 individuals, most of whom are commercial real estate brokers, owners or investors. These can be found in the Resources / Office section of the downtown information portal.
- Developing a new employee commute survey, conducted in 2009 and 2013, which inform employers about mode split — what percentage of workers drive alone, utilize transit, carpool, etc. — by type of company and by any incentives provided to employees to encourage transit. This survey also makes the case that employers do not need one parking space per employee. These reports can be found in the Doing Business / Transportation section of the downtown information portal.