Deadline: 11-Sep-2017 at 11:59:59 PM (Eastern Time – Washington D.C.)
The redevelopment strategy will build upon the existing infrastructure and tourism
assets in the area, which already draw many international and local visitors, despite lack of uninterrupted pedestrian access, limited amenities and few retail and food and beverage options along the length of the waterfront. The City would like to catalyze the redevelopment of various vacant and/or underutilized sites along the waterfront as a means to achieve social, economic and fiscal benefits. This demonstration project will be used to illustrate how social, fiscal and economic outcomes can be maximized through more coordinated planning and effective investment program prioritization.
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Behind the scenes, the World Bank has been active in Greece for some time, says Heemskerk. ‘Many institutions don’t work. The country is corrupt. We have allowed that to happen in Europe. We have all looked the other way.’ The Greek crisis has a large impact in the region, he says. Countries like Bulgaria, where the World Bank has been a player for a long time, feel the pain.