Delaware Business Blog

Main Street in Newark Receives National Recognition

It’s official- Newark selected among the 2011 Great American Main Street Award winners!

So what does it take to be great?

The 2011 GAMSA winnners have an average population of 47,911 and — with an annual average budget of $238,440.40 — have:

  • created nearly 400 new businesses and 1,450 new jobs;
  • rehabbed more than 660 buildings; and
  • decreased their vacancy rates by an average of 30 percent.
  • They have also generated an average of $7,890,716.18 in public investment and $25,852,599.70 in private investment. Our five winners have successfully demonstrated their exemplary ability to create and maintain vibrant, successful commercial districts that serve as the heart of their communities.

    From the The National Trust for Historic Preservation 2011 Great American Main Street Awards page:

    Downtown Newark is a colorful, diverse dining and specialty shopping destination on the Delmarva peninsula, but it has not always enjoyed this coveted reputation. In the 1950s, Newark began to grow significantly beyond its center and downtown declined. By the mid-1970s, competitive pressures increased dramatically, causing further decline downtown. Through the efforts of dedicated stakeholders and partners, Newark now has a vibrant, thriving downtown with more than $30 million in private investment and 26 new businesses over the last three-and-a-half years. Newark was recently recognized as SBA’s Small Business Community of the Year and named the best city for business start-ups by Business Weekly.

    Congratulations to the Downtown Newark Partnership!

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