In responding to questions from committee members, [Maury Flunder] stated that the vacancy rate downtown is approximately 20%. Improving parking for staff is identified as a key factor in reducing vacancies, as high parking costs deter potential business tenants. He also noted that a recent $6,000 upgrade to the camera system aims to improve quality. While cameras are expensive, the upgrade to high-definition cameras should enhance their effectiveness. Recent incidents, like tracking down a graffiti vandal, have demonstrated the usefulness of these cameras.
Economic Development Committee
Downtown Belleville vacancy rate is around 20%
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