Lincoln Economic Advancement &
Development Engages NextSite to Market Lincoln’s Westside
Ameren Illinois Contribution
Paves the Way
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[November 16, 2022]
In September, Lincoln Economic Advancement &
Development (LEAD) entered an exciting partnership with commercial
recruitment and development firm, NextSite, LLC, to help attract
retail and restaurant investment to Lincoln’s Westside.
“Developing a robust retail corridor requires dedicated resources
and a marketing expertise that would take many years for us to
acquire," said Andrea Runge, LEAD’s CEO. “We have made great strides
in our first 18 months. Now, with NextSite's expertise and
connections, we can make an even deeper impact in the attraction of
retail and commercial businesses to the Westside.”
NextSite is a nationally-recognized consultant that works with real
estate developers, tenant representatives, and end-users to identify
development opportunities in markets throughout the U.S. The company
specializes in market analysis and proactive recruitment of retail
and mixed use projects. A partnership with Ameren Illinois enables
smaller communities like Lincoln to utilize NextSite's capabilities
at reduced costs.
LEAD and NextSite are working on the foundational data and marketing
materials to spread the news of Lincoln’s assets to commercial
developers who are looking for specific, strategic rural areas in
which to expand their footprint.
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“NextSite is very excited to
partner with LEAD to pro-actively connect and support commercial
development opportunities in the Lincoln market,” remarked
Charles Branch, Senior Vice President of NextSite. “Over the
past few weeks, we have completed our initial analysis and have
begun the outreach process to developers, tenant reps, and real
estate decision makers to position market opportunities. We look
forward to working with LEAD to recruit additional commercial
development and redevelopment to Lincoln.”
“As an electric and natural gas
utility provider, Ameren Illinois is embedded in the communities we
serve, and as our community thrive so do our customers," said Eric
Whitfield, Economic Development Director for Ameren Illinois. "Our
economic development team is focused on growth for our service
territory and that growth comes in many different forms. What works
for urban communities may not always work for our rural communities
and vice versa. We are pleased that our community partners in
Lincoln will benefit from NextSite’s suite of services and look
forward to the group’s collective success.”
“We are so appreciative to our partners at Ameren Illinois who have
given us the opportunity to leverage our local donor commitments to
promote Lincoln’s I-55 corridor to a much broader audience,” Runge
added.
LEAD’s mission is to empower Lincoln’s economic health and vitality.
To learn more about LEAD, please visit
www.thrivein
lincoln.org.
[Andrea Runge] |