Lowville Downtown Revitalization Initiative

Описание: The New York State Downtown Revitalization Initiative (DRI) is part of the State's economic development program to transform downtown neighborhoods into vibrant centers that offer a high quality of life and are magnets for redevelopment, business, job creation, and economic and housing diversity. In its fifth year, the program will invest $200 million in up to 20 additional downtowns statewide. Participating communities will be nominated by the state’s ten Regional Economic Development Councils (REDCs) based on the downtown’s potential for transformation. Within each region, the REDC will nominate either two downtowns to receive $10 million each or one downtown to receive an award of $20 million to develop a downtown strategic investment plan and implement key catalytic projects that advance the community’s vision for revitalization.

Downtown Lowville is on the right track. Recent public and private investment, local planning efforts, and capital infrastructure improvements have begun to spur downtown’s redevelopment and have created a wave of momentum. To build on this momentum, the Village has undertaken a variety of planning initiatives to refine its vision for downtown and to identify projects that can effect positive change in Lowville. Funding from the Downtown Revitalization Initiative (DRI) would allow the Village to truly unlock Downtown Lowville’s full potential.