Reinvestments Statistics

Main Street Maine

National Reinvestment Statistics:

The cumulative success of the Main Street Four-Point Approach® and Main Street programs on the local level has earned a reputation as one of the most powerful economic development tools in the nation. The National Trust Main Street Center annually collects statistical information on economic activity in local Main Street programs nationwide. These statistics are tracked from 1980 to December 2008 and reflect activity in more than 2,200 communities.

Total amount of reinvestment in physical improvements from public and private sources: $48.8 Billion
Average reinvestment per community¹: $11,083,273
Net gain in businesses: 87,850
Net gain in jobs: 391,050
Number of building rehabilitations: 206,600
Reinvestment Ratio²: $25 reinvested for every $1 spent

Notes:
¹ The Average Reinvestment per Community reflects investment in communities that have recently begun commercial district revitalization programs as well as those that have been actively involved in Main Street for more than a decade. In addition, it includes investment of communities of a wide variety of sizes and in all parts of the country. For these reasons, communities should be cautious about using this figure as a benchmark for local performance.
² The Reinvestment Ratio measures the amount of new investment that occurs, on average, for every dollar a participating community spends to support the operation of its Main Street program, based on medial annual program costs reported to the National Main Street Center by the Main Street communities.

Maine Reinvestment Statistics

(As reported by Main Street Maine communities from Sept 2002-Sept 2011)
Total amount of reinvestment in physical improvements from public and private sources: $145.5 Million
Net gain in businesses: 220
Net gain in part-time jobs³: 79
Net gain in full-time jobs³: 954
Number of building rehabilitations and improvements: 557
Volunteer Hours: 183,927
Reinvestment Ratio⁴: $27.57 reinvested for every $1 spent

³ This figure does not reflect 110 jobs moved out of downtown Gardiner due to state office consolidation.
⁴ The Reinvestment Ratio measures the amount of new investment that occurs, on average, for every dollar a participating community spends to support the operation of its Main Street program, based on medial annual program costs reported to the Maine Downtown Center by its Main Street Maine communities.

Main Street Maine Community Cumulative Statistics

Main Street Bath (Designated 2001)
www.visitbath.com

• 40 net new businesses
• $19.8 million in public and private downtown investment
• 50, 812 volunteer hours
• 204 net new full-time jobs
• 30 net new part-time jobs
• For every $1 invested in the Main Street Bath program, an additional $22.63 has been invested in downtown Bath
• 140 rehabilitations and improvements
• 46 public improvement projects
• 3 new construction projects
• 12 housing units created (all types)

Heart of Biddeford (Designated 2006)
www.heartofbiddeford.org

• 21 net new businesses
• $18 million in public and private downtown investment
• 2,710 volunteer hours
• -7 net new full-time jobs
• 0 net new part-time jobs
• For every $1 invested in the Heart of Biddeford program, an additional $48.82 have been invested in downtown Biddeford
• 32 rehabilitations and improvements
• 9 public improvement projects
• 1 new construction projects
• 127 housing units created (all types)

Gardiner Main Street (Designated 2001)
www.gardinermainst.org

• 29 net new businesses
• $9.7 million in public and private downtown investment
• 8,459 volunteer hours
• 73 net new full-time jobs (This figure does not reflect 110 jobs moved out of downtown Gardiner due to state office consolidation.)
• 6 net new part-time jobs (This figure does not reflect 110 jobs moved out of downtown Gardiner due to state office consolidation.)
• For every $1 invested in the Gardiner Main Street program, an additional $14.56 have been invested in downtown Gardiner
• 42 rehabilitations and improvements
• 9 public improvement projects
• 1 new construction projects
• 0 housing units created (all types)

Rockland Main Street, Inc. (Designated 2009)
www.rocklandmainstreet.com

• 5 net new businesses
• $8.2 million in public and private downtown investment
• 7,101 volunteer hours
• 66 net new full-time jobs
• 26 net new part-time jobs
• For every $1 invested in the Rockland Main Street program, an additional $42.46 has been invested in downtown Rockland
• 17 rehabilitations and improvements
• 2 public improvement projects
• 0 new construction projects
• 3 housing units created (all types)

Saco Spirit (Designated 2001)
www.sacospirit.com

• 32 net new businesses
• $18.8 million in public and private downtown investment
• 46,058 volunteer hours
• 254 net new full-time jobs
• 3 net new part-time jobs
• For every $1 invested in the Saco Spirit program, an additional $21.63 has been invested in downtown Saco
• 66 rehabilitations and improvements
• 26 public improvement projects
• 5 new construction projects
• 6 housing units created (all types)

Sanford Downtown Legacy (Designated 2009)
www.sanforddowntown.org

• 6 net new businesses
• $4.7 million in public and private downtown investment
• 182 volunteer hours
• 16 net new full-time jobs
• -13 net new part-time jobs
• For every $1 invested in the Sanford Downtown Legacy program, an additional $38.79 has been invested in downtown Sanford
• 1 rehabilitations and improvements
• 3 public improvement projects
• 1 new construction projects
• -9 housing units created (all types)

Main Street Skowhegan (Designated 2005)
www.mainstreetskowhegan.org

• 20 net new businesses
• $3.7 million in public and private downtown investment
• 23,891 volunteer hours
• 33 net new full-time jobs
• 9 net new part-time jobs
• For every $1 invested in the Main Street Skowhegan program, an additional $8.46 has been invested in downtown Skowhegan
• 79 rehabilitations and improvements
• 32 public improvement projects
• 2 new construction projects
• 4 housing units created (all types)

Waterville Main Street (Designated 2001)
www.watervillemainstreet.org

• 30 net new businesses
• $42.4 million in public and private downtown investment
• 19,042 volunteer hours
• 216 net new full-time jobs
• 14 net new part-time jobs
• For every $1 invested in the Waterville Main Street program, an additional $35.29 has been invested in downtown Waterville
• 94 rehabilitations and improvements
• 22 public improvement projects
• 1 new construction projects
• 76 housing units created (all types)

Previously Designated Main Street Maine Communities

Eastport for Pride (Designated 2002-2009, now a Downtown Network community)
www.eastportforpride.org

• 20 net new businesses
• $8.7 million in public and private downtown investment
• Over 21,500 volunteer hours
• 55 net new full-time jobs
• For every $1 invested in the Eastport for Pride program, an additional $18.09 have been invested in downtown Eastport
• 25 rehabilitations and improvements
• 10 public improvement projects
• 1 new construction projects
• 0 housing units created (all types)

Norway Downtown (Designated 2002-2009, now a Downtown Network community)
www.norwaydowntown.org

• 5 net new businesses
• $2 million in public and private downtown investment
• Over 2,000 volunteer hours
• 14 net new jobs
• For every $1 invested in the Norway Downtown program, an additional $7.53 have been invested in downtown Norway
• 39 rehabilitations and improvements
• 8 public improvement projects
• 1 new construction projects
• 0 housing units created (all types)

Van Buren Main Street (Designated 2005-2010, now a Downtown Network community)
www.vanburenmaine.com/mainstreet/

• 11 net new businesses
• $8.3 million in public and private downtown investment
• 1534 volunteer hours
• 13 net new full-time jobs
• 2 net new part-time jobs
• For every $1 invested in the Van Buren Main Street program, an additional $256.05 has been invested in downtown Van Buren
• 21 rehabilitations and improvements
• 7 public improvement projects
• 1 new construction projects
• 0 housing units created (all types)