Existing businesses within a redevelopment area can take advantage of several opportunities to expand and enhance their operations. Tangible and intangible assistance can be offered on a case by case basis.
In addition, as new companies invest in the area and new businesses become established, all of the existing businesses benefit from enhanced consumer traffic and increased visibility. Also, as nearby residential neighborhoods improve and become more desirable, local enterprises will benefit from having consumer markets immediately adjacent to the business district.
(FAQ7137)
