The three levels of government also committed $1.5 billion to launch the redevelopment initiative.
Beginning in mid 2008, El Paso decided to reinvest in their downtown, with a full redevelopment initiative.
In 2005 the University of Wisconsin embarked on a major redevelopment initiative that will transform the east end of its campus.
However, it is a major site for urban regeneration and some £35m is to be invested in local redevelopment initiatives over the next five years.
It is included in the Redcar and Cleveland redevelopment initiative named Greater Eston.
The city and the BRZ are currently in the process of implementing new urban design and redevelopment initiatives.
But that growing wealth wasn't the genesis of the redevelopment initiative.
A major component of the redevelopment initiative was to reach out to absent landlords of older properties, and, in some cases, abandoned properties.
Five years after the disaster there is almost no visible sign of the destruction, thanks to the community's rapid redevelopment initiative.
When added to other redevelopment initiatives already under way, officials said, the regulations will help add $73.1 million and 56,000 jobs to the area's economy.