David Street Station
Feature written in September 2020
FHLB Des Moines Members: Jonah Bank, Hilltop Bank
Leaders in the Casper community were aware that the downtown area was struggling to provide residents with a central location that provided a focal point for events and family friendly entertainment options. It also lacked businesses that other successful downtowns enjoyed such as restaurants, retailers and professional services.
The vision was to create that central hub that would inspire residents to visit downtown Casper which would in turn, spur development to meet the needs of those visitors.
In 2012, the idea of David Street Station was born and brought to life in 2017 through the combined efforts of the Casper Downtown Development Authority (DDA), corporate donors, foundations and private citizens.
The project became a catalyst for private sector development. A direct correlation is present between the construction of Davis Street Station and the 27 new small businesses that have risen quickly and successfully in the district after the venue was built. Each of these businesses are a source of new employment opportunities, and the attraction and interest has also strengthened over 100 existing business in the downtown corridor. Property tax roles in the district have increased by 15.8% and gross sales tax receipts are up over $5 million, reflecting 24.3% growth.
Aside from monetary gain, David Street Station has given the Casper community many free family entertainment options in the form of concerts, festivals, markets, movie nights, fitness classes and holiday celebrations. The thousands of visitors from around the globe, smiling kids and families and proud community members all reflect the success of the initiative and it’s commitment to grow even more in the coming years.
The project is still solely funded by donors and sponsorships. In these unprecedented times, this community catalyst is looking for ways to continue to support the Casper community and economy and fulfill its mission to create positive generational change in Casper.