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Retail Recruitment. A retail coordinator increase in the assessment will be required. <br />should carry out the tenanting strategy <br />through the execution of the actions <br />described above. <br /> <br />Capital Improvements. T he entity should fund <br />capital improvements in The Loop Area, such <br />as purchasing benches or recycling bins, <br />making façade improvements, and planting <br />trees. <br />Development Management.The entity should <br />serve as a facilitator for planning and <br />financing of priority real estate projects, and <br />may also provide financing or acquire and <br />Based on a pro rata analysis of property <br />assemble land. <br />within the current SBD boundaries and <br />University property within approximately ½ <br />Funding Structure <br />mile of The Loop, a University contribution of <br />approximately $235-$355,000 per year <br />Based on a scan of non-profits executing <br />with a $1.50-$2.30 per $100 of assessed <br />these operations around the country, the <br />value assessment for properties within the <br />estimated annual budget for the new entity <br />SBD boundaries would be sufficient to fund <br />would range from $500,000 to $750,000. <br />the recommended budget target. <br />To achieve the desired level of revenue, the <br />participation by Washington University and <br />other institutional partners as well as an <br /> <br /> <br />Current SBDs/ <br /> <br />West <br />Proposed CIDs <br /> <br />(University City) <br />East <br />(St. Louis City) <br />Note: Boundaries are approximate <br />20 <br />DLARP&DS <br />ELMAR OOP REA ETAIL LAN EVELOPMENT TRATEGY <br /> <br />