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activity when the private market is not providing sufficient capital and
<br />economic activity to achieve the desired level of improvement. This public
<br />action usually involves one or more measures such as direct public
<br />investment, capital improvements, enhanced public services, technical
<br />assistance, promotion, tax benefits, and other stimuli including
<br />planning initiatives such us rezo^i^g.i1
<br />So, what is the difference between redevelopment and rehabilitation?
<br />Typically, redevelopment is transformative in nature and may be
<br />undertaken by the private sector without any active public
<br />involvement beyond the government's traditional regulatory role. For
<br />example, a developer could make application to demolish and
<br />redevelop the vacant car dealership properties along State Highway
<br />146 South Frontage RoadS. 10'a, Street to develop a mixed -use
<br />to;gkk^r"^ 4 "'development...or business park. In certain instances
<br />'� Y4_:1 sYvv.rrrresys'u ..
<br />however, public sector incentives, (e.g., decreased regulatory barriers,
<br />streamlined permitting, reduced fees, etc.), may also be warranted to
<br />facilitate the likelihood of private sector reinvestment.
<br />'YDYe Yib f,1 '__.,Revi.tal i.zati.on, in contrast, is more related to an infusion
<br />of public funds intended to facilitate the return of a building and/or
<br />property to a useful state by repair, alteration, and modification with
<br />the purpose of preventing further blight from occurring. Generally, it
<br />can be accomplished through acquisition of real property; demolition; A -
<br />or removal of certain buildings and improvements; installation,
<br />construction, or reconstruction of streets, utilities, and other public
<br />improvements; and rehabilitation of certain suitably located but m
<br />structurally substandard buildings. On the commercial side, it may
<br />include establishing programs to rehabilitate aging and underutilized ® -
<br />retail facilities by providing financial incentives to existing retail
<br />shopping centers for enhancements. The program .^ o—wie' could be
<br />retention -focused with a primary goal of rehabilitating retail facilities,
<br />i.e., improving their aesthetic, architectural, and functional appeal. The
<br />intent of this type of program is to attract new retail business that
<br />would generate additional sales tax revenue and enhance the vitality of the
<br />area. On the residential side, a revitalization-eha'bilit.,** program could
<br />include providing grants and/or low -interest, deferred, and/or forgivable
<br />loans for building code violations, health and safety issues, essential repairs
<br />and upgrades of major component systems (e.g., electrical, plumbing,
<br />roofing, heating), and other general improvements (e.g., exterior finishes). It
<br />could also include public investment in an overall neighborhood by
<br />improving streets, sidewalks and crosswalks, pedestrian lighting, parks,
<br />1 American Planning Association (APA) Policy Guide on Public Redevelopment.
<br />http://www.planning.org/policy/guides/adopted/redevelopment.htm. April 25,
<br />2004.
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