2018 Annual Report | Conway Downtown Partnership

CONWAY DOWNTOWN PARTNERSHIP 2018 Annual Meeting

Presenting Sponsor

Conway Downtown Partnership Board of Directors Bunny Adcock

2018 ANNUAL MEETING Conway Downtown Partnership

Rob O’Connor

First Real Estate LLP

Hendrix College

Jack Bell

Lori Quinn

City of Conway

Coldwell Banker RPM Group/ Faulkner Lifestyle

Bill Bethea

Jeanne Smyers

Conway Corporation

The Kitchen Store & More

Mike Coats

Kelly Sublett

Mike’s Place

Log Cabin Democrat

Stephanie Covington

Dot Welch

Covington Companies

Conway Regional Health System

Shaneil Ealy

UCA Outreach & Community Engagement

Bill Tsutsui, Hendrix College President

STATE OF THE DOWNTOWN PARTNERSHIP

Jack Bell, Conway Downtown Partnership President

THE CITY OF CONWAY

Kent Welch

Mayor Bart Castleberry

Kim Williams

DOWNTOWN AWARD OF DISTINCTION

PrivacyStar

Greg Nabholz

Nabholz Properties

WELCOME

Executive Director

Central Business Improvement District

Jack Bell; Kelly Sublet, Publisher Log Cabin Democrat; and Garver

KEYNOTE SPEAKER INTRODUCTION George Covington Jr. Covington Companies, Speaker Sponsor

George Covington Covington Companies

Rep. Steve Magie

KEYNOTE SPEAKER

Joe Borgstrom, Place & Main Advisors, LLC

Magie Smith Charton Eye Clinic

Greg Nabholz Nabholz Properties

Greg Sanson Centennial Bank

Ray Kordsmeier

Kordsmeier Furniture

JOIN THE MOMENTUM

Pete Tanquay – Rock-Pond Solutions, WellSky Francisco Yanez – Las Delicias Renee Stone - emerge

Milton Davis

Downtown Award of Distinction

Joe Borgstrom

Keynote Speaker

More than three decades ago Milton Davis demonstrated his commitment to downtown Conway by purchasing the building on the northeast corner of Oak and Front Streets. That purchase, made to locate his financial advisor business led Davis to another role—that of “Mayor of Toad Suck Square.”

After being inspired by the recognition of major metropolitan destinations like Overton Square in Memphis or Times Square in New York City, Davis decided that Oak and Front Street should be known as “Toad Suck Square.” Today, hundreds of thousands of people around the country have seen the “toad in the road” painting and posed near the “unofficial official” street marker designating that intersection as “Toad Suck Square.”

Along with his numerous other charitable and civic activities, Davis was a charter member of the Conway Downtown Partnership. His Edward Jones office, still located in the building purchased many years ago, is occupied by his son and longtime business partner Granger. Edward Jones is entering their 18th year of investing in the Conway Downtown Partnership.

Milton Davis was a reliable advocate and champion of “all things Conway.” His blend of good humor and creativity have made a permanent impression on downtown and the entire city.

Past Downtown Award of Distinction Winners 2017 – Bill Bethea 2016 – Richie Arnold and Tab Townsell

2015 – Steve Strange 2014 – George Covington

Joe Borgstrom is an accomplished professional in the fields of Downtown Redevelopment, Community and Economic Development, Main Street and Placemaking. His 20 year career includes executive management, project financial structuring and evaluation, fund development, foreign direct investment recruitment, program management, public speaking and consulting. He and his teams have used state and local incentives to leverage more than $2.2 billion in private investment into communities.

Borgstrom is a principal in the consulting firm, Place & Main Advisors, LLC, which he co-founded with his wife, Kirsten Borgstrom. Place & Main Advisors specializes in downtown and traditional commercial district revitalization using Placemaking techniques and Main Street strategies. Their firm offers services to developers, statewide associations, Main Street Coordinating programs, and local downtowns and commercial districts. Their services include training and equipping developers, downtowns and commercial districts with the knowledge, skills and strategies they need to be successful.

He has been a featured keynote speaker at statewide downtown conferences in Wisconsin, Tennessee, North Carolina and Delaware and was a featured speaker at the White House Placemaking Summit.

Joe was formerly the Director of Downtown & Community Services at MSHDA, which included the national award winning Michigan Main Street program. He was a founding member of the Community Assistance Team (CATeam) and served as its director at MSHDA and at the MEDC. He rounds out his resume with previous positions that include being President and CEO of the Shiawassee Regional Chamber of Commerce, Director of the Shiawassee Economic Development Partnership and as an Account Manager for the Flint-Genesee Economic Growth Alliance (now part of the Flint-Genesee Chamber of Commerce.)

2018 IMPACT

ECONOMIC DEVELOPMENT 10 Real Estate Assists Provided 19 New Businesses Opened in Downtown 6 Existing Businesses that have moved to Downtown 4 Business Expansions 15 Number of Building Rehabs/Remodels $517,500 Dollars Invested in Rehab|Remodels (assists by CDP that lead to property lease)

PUBLIC SPACE 424 Total Hanging Flower Baskets $30,000 Invested in Hanging Baskets $23,220 Streetscape Maintenance $7,000 Invested in New Curb Extension Landscape $7,000 Invested in New Street Trees JOBS 124 Number Full Time New Jobs Created 30 Number Part Time New Jobs Created (all sectors) 24 New Downtown Housing Units Created 14 New Downtown Residents

3 New Construction Projects Completed $6,050,000 Dollars Invested in New Construction 8 Properties Sold $6,567,500 Dollars Invested in Property Transactions COMMUNICATION 3720 Facebook Followers 3486 Twitter Followers 1780 Downtown Dollop Subscribers 24% News and Events Open Rate

Conway Downtown Partnership 900 Oak Street | Conway, AR 72032 | 501.327.7788

DowntownConway.org