Our mission is Laurel

The Laurel Redevelopment Corporation provides leadership, expertise, and funding to foster and sustain economic development for the Laurel community and its citizens. 

From a group of local citizens attempting to halt the deterioration of Laurel’s commercial district in 1992, the LRC has evolved into an effective grass-roots organization striving to work cooperatively with government leaders, local groups, and private investors to make Laurel a better place in which to invest, live, work and visit.

Along with the town, the LRC was a key player in the successful designation of 72 acres of Laurel’s core downtown area, including the waterfront, as a state Downtown Development District. The organization will lead a revitalization effort in Laurel’s Old Town Neighborhood with a successful Strong Neighborhoods Fund application of $500,000.

The organization is not a government body and pays all property and related local government fees. It currently has no debt.

Its success stories include the projects documented on this website. The LRC continues to pursue the strategic acquisition, cleanup and rehabilitation of sites and buildings to improve Laurel’s climate for economic investment.

Telling Laurel’s story at a Downtown Delaware Conference in Wilmington

Mission statement

The Laurel Redevelopment Corporation provides leadership, expertise, and funding to foster and sustain economic development for the Laurel community and its citizens. 

Business Model Statement

We provide leadership, creative funding, and expertise to promote and sustain economic development in Laurel. We do this primarily by obtaining¸ rehabilitating, repurposing, managing, and selling now-redeveloped properties.  We use the proceeds from leasing and or selling these properties, as well as new grants and funding sources, to repeat the cycle with new distressed properties.

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For more information

All reports referenced throughout this website.

Read about our success stories.

This joint website with the town is the go-to place for news on Laurel’s Downtown Development District, comprehensive plan, nature/heritage tourism initiative, and other strategic efforts.