PLACEECONOMICS
Main Street is a subsidiary of the National Trust for Historic Preservation. The registered Main Street Four-Point Approach is a proven method for the economic development of downtowns in the context of historic preservation. The value and power of this approach as a vehicle for downtown revitalization has been proven in 40 states and more than 2,500 communities.
Early on, New Mexico recognized the potential for using Main Street as an economic development strategy, particularly in its rural communities, and established its state MainStreet Program in 1985. The program was housed in the Lieutenant Governor’s office until 1989 and then transferred to its current place in the Economic Development Department. Since its inception, the New Mexico MainStreet program has been extraordinarily effective in achieving its purpose. From its beginning with a few communities, the program has grown to currently serve 27 towns, cities, and urban neighborhoods.
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