Downtown Durham Inc
Real Estate - Durham, NC, US
Downtown Durham Inc Employees
Downtown Durham Inc Senior Management
Downtown Durham Inc Details
Downtown Durham, Inc. (DDI) is a 501(c) 6 organization, formed in 1993 to serve as a catalyst for downtown revitalization.With more than $1.7 billion dollars invested over the past 20 years, downtown is now a thriving climate able to support additional business, retail and housing growth. Since 1993 Downtown has grown from just 160 residents to more than 1,500; added over 300 new businesses; increased its annual visitors by more than 1 million; and added nearly 2 million square feet of new office space. Investments slated for the near future will bring total dollars invested to nearly $2 billion.In 2012, DDI became the entity responsible for the downtown Durham Business Improvement District, a .8 mile area where property owners are assessed a small additional tax to create a cleaner, safer and more vibrant downtown community. The tax is used by the BID to fund the Ambassadors program, which provides maintenance services that supplement those offered by the city, as well as to develop and fund district-wide placemaking and marketing initiatives that support businesses located in the district.
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