Converting Older Neighbourhoods

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Large towns and small cities often see their young adults moving away to experience big city life, and it can leave their tax coffers relatively empty. Aware that attracting new businesses to their area will bring revenue and people, they are open to being accommodating. Many of the companies that are looking for manufacturing space will generally choose the undeveloped areas outside the town, but small business owners might prefer a more central location.

It can be difficult to find commercial space within the centre of any small town or city, but there are generally a few neighbourhoods with empty houses available. Rather than settling people into them, some small towns and cities have found it pays to change their zoning. They allow small companies the option of converting older neighbourhoods from residential to business districts. It can be a winning ploy for future residents looking for commercial space, and it can be a good way to recycle older buildings that have been abandoned for years.