Deerfield, WI Downtown Revitalization
Investment guidance, main street improvements, and grant fund creation and implementation
The Need
The Village of Deerfield needed guidance investing tax increments in their downtown Tax Increment District. A grant program was created, and our team implemented it. We also guided the Village through designing improvements to an access street parallel to Main St., connecting Main St. to additional parking and a Village park.
Highlights
Not only are property improvements being made, but new businesses have opened in improved properties as a result of this program.
Impact
Nine grants totaling over $327,000 leveraged significantly more investment from private property owners. Park Drive renovations included beautifying Park Drive and increasing accessibility to Main Street.
Redevelopment Resources has been under contract since March of 2019 to implement investment of tax increment for rehabilitation of commercial properties downtown and for the beautification of public infrastructure surrounding and adjacent to downtown. Structural and aesthetic improvements were made to public and private property, giving Deerfield’s downtown a significant boost in value and appearance.
Related Projects
Loan Fund Administration
Comprehensive Plan and Public Input Facilitation