Downtown Development Authority
downtown development authority
The Traverse City Downtown Development (DDA) Authority is a component unit of government of the City of Traverse City. Guided by our mission, vision, and Guiding Principles, the DDA is responsible for providing leadership and funding for public infrastructure projects and services located within its district boundaries. Downtown development authorities are governed by state statute. They exist to enhance downtown areas by investing in public spaces, infrastructure, events, mobility and access, and services that support the success of local businesses.
MISSION
Promote economic growth and provide a world-class downtown that is active, thriving and inclusive. In collaboration with all stakeholders, the DDA creates and implements development plans, encourages historic preservation, corrects and prevents deterioration in the downtown district, and makes sound investments in sustainable infrastructure and civic amenities.
VISION
Serve as the regional hub for commerce, culture, arts and entrepreneurship. By 2030, downtown Traverse City will make needed infrastructure and institutional investments that provide for added business, residential and retail capacity downtown. These will attract new private investments and create jobs.
GUIDING PRINCIPLES
In 2022, the DDA engaged in a process called Moving Downtown Forward. Among many other items provided were five guiding principles that will serve as serve as a framework for future DDA resource allocation and investment decisions:
- Design a great place for all ages and for future generations
- Protect and preserve small independent businesses
- Support job growth and varied career opportunities
- Champion the development of attainable and workforce housing
- Advance climate action, sustainability, renewable energy, energy efficiency and resiliency