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Empowering regional centers through compulsory cooperation agreements

INPROFORUM (conference)

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Title Statement Empowering regional centers through compulsory cooperation agreements
 
Added Entry - Uncontrolled Name Elisabeth Kloyber; University of Natural Resources and Applied Life Sciences, Vienna
 
Uncontrolled Index Term regional development, retail, public-private-partnership, Business Improvement Districts, urban development
 
Summary, etc. According to the central places concept, regional centers are economic, social and cultural poles and vital components for providing and supporting surrounding rural areas. However, many of these municipalities see themselves confronted with loss of residents and depreciation of purchasing power, latter in large part due to increasing competition with large area retail agglomerations on the outskirts of major cities. Often this leads to an incapability of maintaining their functionality. This article gives an account of the situation of regional centers in Lower Austria and introduces the emergent Business Improvement District (BID) concept, commonly used in economic downtown revitalisation, as a possible framework for future small-town-development. The BID model is constituted as a public-private-partnership between municipalities and local property owners and/or traders and based on self-taxation and compulsory agreements. Therefore it provides various innovations in relation to currently used models, like a solid financial basis while an appointed planning horizon, self-reliance and identification to name but a few. This paper discusses advantages and disadvantages of Business Improvement Districts and points out factors for a possible implementation in holistic small-town development.
 
Publication, Distribution, Etc. INPROFORUM
2014-05-14 11:20:19
 
Index Term - Genre/Form Peer-reviewed Paper
 
Electronic Location and Access application/pdf
http://ocs.ef.jcu.cz/index.php/inproforum/INP2007/paper/view/433
 
Data Source Entry INPROFORUM; INPROFORUM 2007
 
Language Note en
 
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