The Value of Investing in Canadian Downtowns - International ...

STRATEGY
Is the city investing strategically in its future?
Public investments should be strategic and maximize opportunities for revitalization in the downtown. Ideally, they
will leverage existing investments and infrastructure and be able to support the investments from the private sector.
This allows for the city and the wider community to gain maximum returns on their investments. To measure the
degree to which investments have been made strategically, the CUI examined the type, value and location of public
investment. It has also been important to learn about the rationale behind these investments, as well as how various
investments fit together to complement and support each other in terms of the vision for the downtown. A key goal is
to determine the extent to which private investments can be said to have emerged in response to public investments.
Indicators to measure performance against principle:
Number of capital projects (overtime) and proportion of total capital budget
Dollar value spent on municipal capital projects and proportion of total capital budget
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