Wake Forest Downtown, Inc. has been designated as an accredited National Main Street Program for meeting the commercial district revitalization performance standards set by the National Main Street Center®, a subsidiary of the National Trust for Historic Preservation. Each year, the National Main Street Center and its partners announce the list of accredited Main Street® programs in recognition of their exemplary commitment to historic preservation and community revitalization through the Main Street Four Point Approach®.
“We congratulate this year’s nationally accredited Main Street programs for their outstanding accomplishment in meeting the National Main Street Center’s 10 Standards of Performance,” says Patrice Frey, President & CEO of the National Main Street Center.
“As the National Main Street Center celebrates its 35th Anniversary, it is also important to celebrate the achievements of the local Main Street programs across the country, some of whom have been around since the beginning. These local programs work hard every day to make their communities great places to work, live, play and visit while still preserving their historic character.”
The organization’s performance is annually evaluated by Wake Forest Downtown, Inc., and the N.C. Main Street Program which works in partnership with the National Main Street Center to identify the local programs that meet 10 performance standards. These standards set the benchmarks for measuring an individual Main Street program’s application of the Main Street Four Point Approach® to commercial district revitalization. Evaluation criteria determines the communities that are building comprehensive and sustainable revitalization efforts and include standards such as fostering strong public-private partnerships, securing an operating budget, tracking programmatic progress and actively preserving historic buildings.
“The Wake Forest Board of Commissioners, the Wake Forest Downtown, Inc. Board of Directors and town staff are to be commended for their comprehensive approach to fostering the vibrancy and vitality of our historic downtown,” said Downtown Development Director Lisa Hayes.
“Earning Main Street Accreditation is a result of the combined efforts of all of these parties and their continued efforts to support the history of our downtown while creating a diverse and modern environment for business, pleasure, education and community life.”
Established by the National Trust for Historic Preservation in 1980, the National Main Street Center helps communities of all sizes revitalize their older and historic commercial districts. Working in more than 2,000 downtowns and urban neighborhoods over the last 35 years, the Main Street program has leveraged more than $61.7 billion in new public and private investment. Participating communities have created 528,557 net new jobs and 120,510 net new businesses, and rehabilitated more than 251,838 buildings, leveraging an average of $26.52 in new investment for every dollar spent on their Main Street district revitalization efforts.