Recommendations / Economic Development / Big Idea #3: Nonprofit Strategies for Redevelopment

Big Idea #3: Nonprofit Strategies for Redevelopment

Part of the "RECLAIMING THE CROWN" initiative

Economic DevelopmentDalton-Whitfield $1,000,000+

Overview

Use nonprofit development corporations and community-led strategies to support redevelopment around the Mill-Line without displacing existing residents. The initiative recommends expanding the role of the Dalton-Whitfield Community Development Corporation and Flooring Capital Development Corporation, implementing Community Navigators, creating facade grants, supporting site-specific redevelopment projects, and connecting residents with housing counseling, grants, low-income housing options, and neighborhood resources.

Action plan

Short-term
Begin 414 Chattanooga Avenue site-specific initiatives. Implement facade grants. Apply for funding for Community Navigators. Use community organizations to assist in implementation and anti-displacement strategies so the neighborhood has a voice in responding to issues, ideas, and strategies proposed by others.
Medium-term
Advance 814-898 North Hamilton Street, 501 N Hamilton, and FCDC interactions. Create facade training and offer training on maintenance, facade repair, and related homeowner/business improvement topics. Continue Dalton-Whitfield Community Development Corporation interactions.
Long-term
Hire Community Navigators. Pursue redevelopment opportunities for the 26.30-acre North Bypass parcel, parcel number 12-145-09-000. Advance 514 Chattanooga Avenue / Shriners Building redevelopment. Use nonprofit and private funding to redevelop site-specific projects, support affordable and low-income housing, and connect residents to resources.

Expected impact

Projected Business SupportEconomic

Tracks retail space revenue assumptions from the illustrated redevelopment model.

Timeframe: Long-term
Projected Local InvestmentEconomic

Tracks development investment for 701 Chattanooga Avenue.

Timeframe: Medium-term
Projected Future Funding ProbabilitySustainability

Tracks conversion of CHIP funds into a revolving fund for future rehabilitation or construction projects.

Timeframe: Long-term
Projected Community EventsCommunity

Number of regularly scheduled sporting events hosted at the Peacock Alley Athletics complex.

Timeframe: Long-term
Projected Recurring Revenue StreamsEconomic

Tracks estimated apartment and retail revenue from the illustrated redevelopment model.

Timeframe: Long-term
Projected Operational CostOperational

Tracks Community Navigator travel cost.

Timeframe: Short-term
Projected Public SatisfactionCommunity

Tracks resident voice and community-led participation in redevelopment decisions.

Timeframe: Long-term
Projected Grant CountEconomic

Tracks facade grants for businesses.

Timeframe: Short-term
Projected Operational CostOperational

Tracks Community Navigator accounting services cost.

Timeframe: Short-term
Projected Community EventsCommunity

Tracks Community Navigator events cost.

Timeframe: Short-term
Projected Housing CapacityInfrastructure

Tracks potential LIHTC apartment building units at 814-898 North Hamilton Street.

Timeframe: Medium-term
Projected Operational CostOperational

Tracks Community Navigator salaries and wages.

Timeframe: Long-term
Projected Local InvestmentEconomic

Tracks franchise investment for 701 Chattanooga Avenue provided by potential owner.

Timeframe: Medium-term
Projected Workforce Training CompletionEducational

Tracks facade training and training development.

Timeframe: Medium-term
Projected Housing CapacityInfrastructure

Tracks apartment revenue assumptions from the illustrated redevelopment model.

Timeframe: Long-term
Projected Local InvestmentEconomic

Tracks maximum CHIP grant amount for construction of single-family homes.

Timeframe: Medium-term
Projected Service Delivery ImprovementCommunity

Tracks implementation of Community Navigator programming for residents in the neighborhood.

Timeframe: Long-term
Projected Formal AgreementsInstitutional

Tracks agreements with local nonprofits, including FCDC, DWCDC, and CLILA.

Timeframe: Short-term
Projected Grant CountEconomic

Tracks facade grants for individuals.

Timeframe: Short-term
Projected Construction CompletionInfrastructure

Tracks estimated redevelopment cost for demolition, architectural design, permits, and building costs for the illustrated site-specific redevelopment model.

Timeframe: Medium-term
Projected Construction CompletionInfrastructure

Tracks number of successful sites revitalized through nonprofit development corporation activity and site-specific redevelopment.

Timeframe: Long-term
Projected Local InvestmentEconomic

Tracks redevelopment investment for 501 Hamilton.

Timeframe: Medium-term
Projected Local InvestmentEconomic

Tracks redevelopment investment for 401 Hamilton.

Timeframe: Medium-term
Projected Participation RateCommunity

Target event venue utilization based on the stated success measure that the event venue should fill to 50% capacity for the event.

Timeframe: Long-term
Projected Housing CapacityInfrastructure

Tracks proposed four-unit building at 414 Chattanooga Avenue.

Timeframe: Short-term
Projected Housing CapacityInfrastructure

Tracks North Bypass parcel size for potential residential development.

Timeframe: Long-term
Projected Low Income HousingEquity

Tracks access to low-income housing options created or protected through site-specific nonprofit redevelopment.

Timeframe: Long-term

Key stakeholders

Dalton-Whitfield Community Development CorporationFlooring Capital Development CorporationCommunity NavigatorsCity of DaltonWhitfield CountyGreater Dalton Chamber of CommerceSmall Business AdministrationInvest AtlantaGeorgia Department of Community AffairsGeorgia Initiative for Community HousingUniversity of GeorgiaLocal NonprofitsCLILAPhilanthropic Support / Private FundersProperty OwnersShriners ClubJohn Willis Mashburn Charitable TrustShaw IndustriesNorthwest Georgia Healthcare Partnership

Estimated budget

Budget items shown include Community Navigators: accounting services $7,200, salaries and wages $100,760.40, events $2,000, travel $500. 401 Hamilton redevelopment: $750,000-$2 million. 501 Hamilton redevelopment: $3 million-$4 million. 701 Chattanooga Ave development: $750,000, franchise $600,000 provided by potential owner. Facade grants: $25,000 annually for individuals, $50,000 annually for businesses, and $10,000 for training and training development. Additional site estimate shown: demolition $151,425, architectural design $30,000, permits $6,000+, building costs $3,800,000, total estimate $3,987,425.