Market Creek Plaza - Center for Community Innovation
Market Creek Plaza - Center for Community Innovation
Market Creek Plaza - Center for Community Innovation
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<strong>Market</strong> <strong>Creek</strong> <strong>Plaza</strong><br />
The Resident Ownership of Neighborhood Change<br />
August 2006
The Area<br />
• Long-term<br />
disinvestment<br />
• “Four Corners of<br />
Death”<br />
• Target <strong>for</strong> “dumping”<br />
unwanted land use<br />
• No visible signs<br />
of public or private<br />
support
Our Key Questions<br />
1. Is resident-led neighborhood revitalization<br />
possible?<br />
2. How do we avoid wide-spread displacement?<br />
3. Can we successfully bridge this community<br />
to the larger region?<br />
4. Can we help residents build hope, skills, and<br />
economic success while rebuilding their own<br />
neighborhood?<br />
5. Can we create sustaining community<br />
resources?
Our Theory<br />
For change to be sustaining,<br />
residents must own their own change —<br />
• Own the plans (builds vision)<br />
• Own the implementation (builds capacity)<br />
• Own the assets (builds wealth)
The Opportunity<br />
1998
The Site<br />
• Redevelopment<br />
“hot spot” <strong>for</strong> over<br />
15 years<br />
• Viewed as<br />
unbuildable &<br />
unbankable (no<br />
access,<br />
contamination,<br />
surrounding blight)<br />
• Seen by City as<br />
possible bus<br />
parking lot<br />
• Flood plain risk
What We Tried<br />
• Throw out all<br />
preconceived<br />
strategies<br />
• Ask / listen / learn<br />
• Share decisionmaking<br />
with<br />
residents
Owning the Plans<br />
• Can-do spirit and strong social networks<br />
• Over 3,000 involved<br />
IMPACT<br />
• Skills in organizing, facilitation, land planning<br />
• Experience working in cross-cultural teams
Owning the Implementation<br />
IMPACT<br />
• Skills, capacity & strong economic networks<br />
• Over 500 involved<br />
• Nearly 200 jobs; payrolls of $6 million<br />
• 65% of construction; 5 contractors bonded<br />
• 6 locally-owned businesses financed & launched<br />
• 22 micro-entrepreneurs in retail venue<br />
• 6 youth business launched
Owning the Assets<br />
IMPACT<br />
• Strategy <strong>for</strong> building wealth and recycling value<br />
• Teams trained in securing project capital, as well as<br />
personal finance and investing<br />
• <strong>Community</strong> development IPO — 10% preferred<br />
return to 450 stakeholders<br />
• Neighborhood-based community foundation —<br />
over 1,000 residents involved<br />
• Revenues & project value recycled into<br />
neighborhood — $15.7 million over 10 years
Taking The Vision To Scale<br />
• 45-acre mixed-use<br />
transit-oriented<br />
development<br />
• $250 million multicultural<br />
village<br />
• 830 homes<br />
• 250,000 sq. feet of<br />
commercial space<br />
• Integrated<br />
community services<br />
• Resident planned,<br />
built, owned
Guiding Principles<br />
Build Relationships<br />
• Commit<br />
• Surround every<br />
problem and<br />
opportunity with<br />
a team<br />
• Do with not <strong>for</strong>
Guiding Principles<br />
Organize to Support the Work<br />
• Work across social and<br />
economic disciplines<br />
• Let no corporate<br />
structure be a barrier<br />
• Be ready to change
Guiding Principles<br />
Listen to All Voices<br />
• Listen broadly as a way<br />
of doing business<br />
• Encourage and<br />
embrace differences<br />
• Look <strong>for</strong> “both/and” not<br />
“either/or”
Guiding Principles<br />
Take Risks<br />
• Risk not seeing the<br />
outcome up front<br />
• Shared risk requires<br />
shared accountability<br />
• Risk change in your<br />
own organization
Guiding Principles<br />
Who Decides and Who Benefits Matters<br />
• Owning the plans =<br />
Vision<br />
• Owning the<br />
implementation =<br />
Capacity<br />
• Owning the assets =<br />
Wealth<br />
Power<br />
Leverage<br />
Sustainability