Renovate and Restore…Your Downtown
Why renovate and restore old downtown buildings? Well, the quality of your building is going to dictate the quality of the tentent you will attract. This nation is full of downtowns that have one thing in common. They are rundown! Business groups whin and scratch their heads trying to come up with plans to attract new businesses to locate in the heart of their downtowns. However, most of the time they ignore the most ciritcal part of attracting new retail businesses. In order for you to attract a quality tentent to move into a building, the building must be as high a quality and…as high a quality as any retail district in the city. Only then can you expect to attract the tentents necessary to have a successful downtown.
However, there is a danger when a downtown becomes a rundown and one property owner decided to upgrade their property. Many times the property owner is so anxious to find someone to lease the building that they will take the first person that comes along. Not only should you be selective, but if you have less than desireable tentents in your downtown you should not renew their leases. An empty building is better that a low quality tentent.
But the bottom line is, you can’t expect a quality business to go in usless you offer them a quality place…completely renovated…and with some free rent and other perks. Folks it ain’t easy to restore a downtown. Don’t make it harder than it is by keeping low end tentents in rundown buildings.
