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| Downtown Middle Street |
In a recent blog I related the history of the Municipal Service Tax District (MSD) and its creation in 1980 as a strategy to fund badly needed public improvements in downtown’s deteriorated central business district.
Using the MSD boundaries (north side of Broad, west side of Hancock to both rivers edge) I researched property values from the time the MSD was expanded (1985) from four core blocks to 12 blocks and would like to share the following increase that has taken place over the past 27 years.
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| Downtown Middle Street |
· 1985-86 $18,571,760,
· 2002-03 $63 million
· 2011-12 $167,782,462
Quite impressive, don’t you think?
Susan Moffat Thomas
Executive Director
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| Downtown Craven Street |
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