The McMinnville Downtown Association has inspired a group of Hillsboro property owners to petition for an economic development district, despite added taxes. The Oregonian article Downtown Hillsboro property owners want to tax themselves, creating an ‘economic improvement district’ covers how Hillsboro property owners are petitioning for “a downtown-centric organization whose manager would promote the businesses, fund storefront improvements, hold events, fill vacancies and come up with other ways to revitalize the area.”
In the article, Denzil Scheller, a Hillsboro business owner, said that downtown McMinnville “was so cool that I was embarrassed. I said, ‘Why isn’t this going on in our town?'”
Below is an excerpt from the article.
The McMinnville Downtown Association was created in 1986, when the city’s core had about a 20 percent vacancy rate, said district manager Cassie Sollars. Now, she said, it’s less than 5 percent.
“It’s been very successful,” Sollars said.
McMinnville funds its 36-block district by charging 7.5 cents per square foot in the center 15 blocks and [3.75] cents per square foot in the outlying blocks. The district has been renewed every three years since its inception.
More information about Mcminnville here.