Commercial & Mixed-Use Development

Posted by on May 20, 2005

Philadelphia LISC Presents:

Commercial & Mixed-Use Development: A Two-Day Training for CDCs and Commercial Corridor Development Practitioners
Monday, June 20, 2005 & Tuesday, June 21, 2005
9:00 am ? 4:00 pm
Holiday Inn, Historic District, 400 Arch Street

Who should attend?
Economic Development or Commercial Corridor/Main Street Managers, CDC Executive Directors or Development staff, commercial corridor development practitioners and other community organizations focusing upon real estate redevelopment within their neighborhood commercial corridor.

What will I learn from this workshop?
By the end of this half-day event, you will learn about the following:

 What kind of market analysis is appropriate for each kind of project?
 What are the most common financing sources?
 Can a joint-venture with a private developer help build CDC capacity? How do you negotiate a win-win arrangement?
 What is involved in planning for long-term property management?
 How do CDCs find retail tenants for projects in challenging locations?
 How should you evaluate small businesses as prospective tenants?
 How do commercial leases work? What are the most important provisions?
 What is involved in negotiating and managing tenant improvements?
 How do we know whether there is a market for retail or office space in a challenging neighborhood?
 What kinds of internal capacity does a CDC need to undertake commercial projects?
 How do we identify and manage the risks that come with commercial development?

Case studies and interactive exercises built from actual projects will bring every topic to life. Participant binders filled with sample documents, checklists, forms and matrix samples mean everybody returns to work ready to take on the new challenge of commercial development or to remedy struggling projects you may already have.

You will learn from Rick Jacobus, a consultant specializing in neighborhood revitalization. Rick has 16 years experience in housing and community development including 5 years as a Senior Program Officer with the Local Initiatives Support Corporation in the San Francisco office where he focused on commercial revitalization and commercial and mixed-use real estate development, providing training and technical assistance to local governments and community based organizations throughout the Bay Area. As Director of Neighborhood Economic Development for the East Bay Asian Local Development Corp. in Oakland, CA, Rick oversaw a comprehensive community planning effort for one of Oakland?s most diverse neighborhoods, developed a commercial revitalization program and a 14 agency collaborative welfare-to-work program for limited-English speaking participants. In addition to his economic development work, Rick also has considerable experience with the development of affordable homeownership, Community Land Trusts and Limited Equity Housing Cooperatives. He worked for several years with the Community Land Trust in Burlington, VT developing Housing Co-ops and is currently working as a consultant with 10 Community Land Trust initiatives throughout California.

Is there a cost?
There is a $75.00 non-refundable fee to reserve a space. The fee will cover a portion of the cost of meals and meeting space.

How do I register?
Registrants should mail a copy of the registration to LISC @ 718 Arch Street, Suite 5S, Philadelphia, PA 19106. For additional information or questions please contact Sheree Wright or Andrew Toy @ 215-923-3801.

When should I register?
Space is limited in this workshop. Please register as soon as possible. Registrations and payment are due June 10th, 2005.