Downtown Master Plan
The City of Myrtle Beach and MBDRC hired and partnered with Benchmark Planning to work closely with City Council on the creation of a Downtown Master Plan. The consultants and City Council developed a vision for a new Downtown Myrtle Beach based on the identity of 4 key areas in the Downtown: Oceanfront, Historic Main Street, Kings Highway Corridor, and a new Arts & Innovation District.
Historical Tax Credits
The National Tax Credit Program was implemented by the federal government in 1976 to help the private sector preserve historic buildings by providing a 20% federal tax credit for the rehabilitation of these historic buildings. While not downtown, we are still excited to see this credit being implemented at the Historic Waikiki Village Motel on 15th Ave. South.
Opportunity Zones 506 and 507 are at the center of the Grand Strand's tourism industry. These include the US HWY 501 Gateway into the heart of the Downtown Redevelopment District, a 1.5 mile Oceanfront Boardwalk, SBA HUBZone designation, several residential communities, Highway Commercial zoning, undeveloped and underdeveloped parcels, and so much more "opportunity!"