Tranformation Strategies
Transformation Strategies – generated through meaningful community engagement and informed by an analysis of the district’s market position — help to guide a revitalization program’s work. An effective Transformation Strategy serves a particular customer segment, responds to an underserved market demand, or creates a differentiated destination.
Some “ready-to-use” strategies — called Catalyst Strategies — fall into two broad categories: those that are focused on a specific customer segment and those that are focused on an industry, product, or service segment.
Examples include:
• Workers and Residents
• Elder Friendly and Aging-in-Place
• Family-Friendly
• Agriculture Center
• Arts (performing and visual)
• College Town
• Convenience Goods and Services
• Entertainment and Nightlife
• Knowledge Economy
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