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Sustainable local economic development indicator framework: A tool for property building redevelopment projects

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  • Darrin Wilson
  • Rosalia Polter

Abstract

Sustainable Local Economic Development has been an emerging approach to economic development for more than a decade, with the goal of enhancing economic, social, and environmental sustainability. As practitioners seek and implement sustainable economic development projects, an indicator framework is needed to ensure these projects are contributing to the sustainability of the community. The purpose of this paper is to propose an indicator framework using the five principles of Sustainable Local Economic Development (SLED). Specifically, the indicator framework is designed to score historic property redevelopments that utilize Historic Tax Credits. These projects have become more prevalent in community/economic development as they provide communities an opportunity to reactivate or enhance physical assets for the purpose of development. The goal of the indicator framework is to provide practitioners the ability to analyze data related to the historic property redevelopment project and determine how well the project meets the five principles of SLED.

Suggested Citation

  • Darrin Wilson & Rosalia Polter, 2020. "Sustainable local economic development indicator framework: A tool for property building redevelopment projects," Community Development, Taylor & Francis Journals, vol. 51(5), pages 609-627, October.
  • Handle: RePEc:taf:comdev:v:51:y:2020:i:5:p:609-627
    DOI: 10.1080/15575330.2020.1825503
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    Cited by:

    1. Iskandar Zainuddin Rela & Muhammad Zamrun Firihu & Abd Hair Awang & Marsuki Iswandi & Jalaluddin Abdul Malek & Anas Nikoyan & La Nalefo & Hartina Batoa & Salahuddin Salahuddin, 2021. "Formation of Farming Community Resilience Models for Sustainable Agricultural Development at the Mining Neighborhood in Southeast Sulawesi Indonesia," Sustainability, MDPI, vol. 13(2), pages 1-17, January.
    2. Mohamed K Haq, 2021. "Historical Evolution of Sustainable Community Economic Development in Business and Economics," GATR Journals jber210, Global Academy of Training and Research (GATR) Enterprise.

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