2012 Recap and Accomplishments
Establish a Downtown Development Strategy
Work with partners and LDI Economic Restructuring Committee to understand and build a Luray identity that will drive traffic downtown and create regional interest. Task: Position Luray as a Destination
- Conduct targeted research to determine local and regional market characteristics
- Progress: Art/Cultural Market- completed VEI grant and partnership with People, Inc to determine
- arts and cultural microenterprise needs in Page County and Luray. Outreach to local community
- during Town Hall Meeting and targeted survey- needs assessment. Continue to serve on Page
- Valley Arts Council and promote and support art related efforts.
Analyze Luray service/product inventory and businesses
- Progress: Gaining a better understanding of businesses downtown- challenges, impacts and
- future goals. A more professional approach to gather data and determine a strategy is needed.
- Promote a Luray brand
- Progress: Successfully assisted in the promotion of Lurayʼs Bicentennial. Developed
- Bicentennial logo and slogan. Promoted consistent message and “look” in cooperative ads
- for Town of Luray. Brought outdoor industrial art exhibit to Luray, designed and produced
- mural promotional pieces, help facilitate a Bicentennial Mural Project, continued to brand BUY
- LOCAL Luray, initiated conversations with Farmerʼs Market.
Task: Attract and Develop Entrepreneurs
- Analyze current inventory and commercial assets
- Continue to foster relationships between businesses owners and building owners better
- understanding of commercial rental rates, occupancy ratios, and available space for rent,
- rehab, or sale Progress: Commercial occupancy rates and rental rates identified and analyzed
- Better understand local revenue sources, tax structures, incentives, and codes
- Progress: Sales tax revenues analyzed based on cluster segments (service/professional/retail/
- restaurant/lodging). Initiated by LDI, revolving loan fund re-established by Town of Luray and
- “creative” small business incentives discussed.
Analyze employment opportunities and skill sets
- Progress: Research completed on employment history, graduation and higher education statistics,
- commuter segments etc. to include factories jobs and past and present skill sets. Using this
- information, LDI partnered with local and state Small Business Development Center to prepare and
- submit a $100,000 grant application-SBDC Portable Assistance “Page County/Luray Niche Based
- Economic Development”. Grant was not awarded in 2012, will try again.
- Make LDI the support organization for local small businesses development/encouragement
- Progress: More calls, questions and conversations were directed toward LDI than ever before.
- Successfully council and supported new and expansion businesses- Trackside Theater,
- Expressions Studio, Page One, McKim and Huffman etc. Prepared for Page Valley Arts Council a
- community art facilities plan and presentation for Superintendent of Schools. Continued to promote
- and work with Main Street businesses. Participate in statewide placed-based economic
- development panel discussions. Better understanding of HUBZone practices.
2013 Work Plan- Luray Downtown Initiative
~Our Mission~ …to restore the economic base, historical flavor, beauty and vitality
- f our downtown district through partnering with our
residents,Government and business groups. ~Our Vision~ …to be vibrant, successful, and economically stable area that attracts visitors and maintains community pride.
Luray Downtown Initiative • 18 Campbell Street Luray Virginia • 540-743-7700 • www.downtownluray.com