Nationally, the Main Street Approach to Downtown Revitalization is one of the most powerful economic development tools known. Here are the cumulative reinvestment statistics for designated Connecticut Main Street communities from 1996 – December 2011:
Public Improvements 316
Net New Businesses 421
Net New Jobs 2,475
Construction Projects 2,461
Number of Volunteer Hours 262,505
Public Investment $442,011,052
Private Investment $552,525,179
Total Investment $994,536,231
For every $1 spent on a local Main Street Program’s operating budget, $73.13 has been reinvested into Designated Connecticut Main Street Downtowns.