Savills Moving to New Carmel Valley Office: What It Means for Businesses

How New City America is Building Business Better in Urban Areas

Update Transforming Urban Spaces: New City America's VisionIn recent years, urban revitalization has taken on new meaning as communities seek innovative solutions to enhance their environments. A leading figure in this movement is Marco Li Mandri, the president of New City America, whose efforts have been instrumental in transforming business districts across the nation. With notable projects like Little Italy in San Diego—which has now become a template for urban development—Li Mandri's commitment to improving urban spaces fuels his mission. His methodology emphasizes the crucial role of special districts designed to improve neighborhood conditions.Business Improvement Districts: A New ApproachBusiness Improvement Districts (BIDs), the cornerstone of New City America's strategy, are revolutionizing how cities manage community needs. These districts involve assessments paid by local businesses and property owners aimed at funding supplemental services that bolster local economies. The establishment of over 100 BIDs reflects a growing recognition of their transformative potential. In 2024 alone, these districts yielded approximately $120 million—evidence that local investment can yield significant returns.The Success of Little ItalyLittle Italy serves as a shining example of how strategic planning and dedicated community effort can revitalize a neighborhood. Originally a declining area, it has been revitalized into a vibrant hub of restaurants, shops, and art. Key to this transformation has been the formation of the Little Italy Association, which helped orchestrate initiatives that enhanced public spaces and promoted local businesses. As Li Mandri states, "The positive changes we instituted there are replicable and applicable to neighborhoods nationwide. It’s about fostering community spirit and enhancing local economies." Li Mandri’s background lends credibility to his initiatives. Growing up in Little Italy, he is personally invested in the success of the neighborhood and has spent decades refining the techniques that unlock community potential.Bridging Community Needs with City ResourcesThere is an increasing realization that cities often lack the funds required to maintain public spaces and provide necessary services. New City America steps in where city budgets fall short, offering solutions that enhance the quality of life. These improvements range from better landscaping and street cleaning to creating engaging public gathering spaces. Li Mandri argues that these efforts are essential because, “they are really the way we’re going to run cities and neighborhoods in the future.”Future Opportunities and ChallengesThe overarching goal of New City America is to establish a replicable model for revitalization in cities across America. Challenges persist, particularly regarding community buy-in and sustainable funding, which are vital for the long-term success of any BID initiative. Communities in and around Bakersfield, CA, could look towards Li Mandri's successes and consider how similar concepts might apply locally. Encouraging local businesses and residents to invest in their districts can lead to impactful change.Conclusion: Engaging in Local RevitalizationThe work of New City America exemplifies how community-driven initiatives can lead to prosperous urban environments. As cities search for remedies to the diverse issues they face, understanding the potential of BIDs becomes increasingly important. Residents and business owners in places like Bakersfield might contemplate forming grassroots efforts and investing in local improvements that enhance the appeal and functionality of their neighborhoods. If you are a resident, consider engaging with local organizations, attending meetings, and advocating for community improvements that can realize the dreams of a revitalized urban landscape.Call to ActionTo make a difference in your community, consider how you might get involved with local organizations that advocate for neighborhood improvements. Attend city council meetings, engage with business owners, and share ideas on how to enhance your urban landscape. Change starts with informed, passionate community members. Be part of the movement to revitalize your neighborhoods!