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Section 2-1-2. Goal. <br />Hawaii Island's economy supports diverse industries, meaningful work, and local <br />enterprise and entrepreneurship, while strengthening community -based systems and safe- <br />guarding the long-term health of our people, places, and environment. <br />Article 2. Place -Based Revitalization. <br />Section 2-2-1. Policies. <br />(1) Downtowns and historic plantation towns are anchors of community life. Downtown <br />and historic plantation -era town centers should be supported as mixed use community hubs <br />that integrate housing, employment, small businesses, civic uses, education, public <br />services, recreation, and daily social life. <br />(2) Revitalization should be place -based and community -led. Revitalization efforts shall be <br />community -informed, reinforce local character, and prioritize preservation and adaptive <br />reuse over demolition where feasible. <br />(3) Public investment should catalyze local economic activity. County investments in <br />revitalization areas should be targeted to catalyze local economic activity and strengthen <br />long-term economic viability. <br />(4) Banyan Drive is a priority revitalization and stewardship area. Banyan Drive should be <br />revitalized through coordinated planning, clear governance, and long-term stewardship that <br />balances community benefit with visitor activity. <br />Section 2-2-2. Actions. <br />(a) Establish a Community Revitalization Fund. The department of finance, in coordination <br />with relevant departments, shall establish a Community Revitalization Fund for designated <br />revitalization areas. <br />(b) Prepare targeted Downtown Revitalization Plans. The planning department and the <br />department of research and development shall coordinate to prepare Downtown <br />Revitalization Plans that focus on economic strategy, infrastructure needs, business <br />attraction and retention, and design guidance specific to town centers. <br />(c) Provide technical assistance and navigation support. The department of research and <br />development shall provide technical assistance to support revitalization initiatives. <br />(d) Advanced coordinated stewardship of Banyan Drive. The planning department, in <br />coordination with the department of research and development, shall evaluate and pursue <br />long-term management and governance strategies for Banyan Drive. <br />(e) Reduce regulatory barriers to revitalization. The planning department and the <br />department of public works shall review and recommend regulatory amendments to <br />