The Cool Spring Downtown District (CSDD) will soon be looking to fill a crucial leadership position following the announcement from CEO Bianca Shoneman that she will be resigning in the new year.
Shoneman submitted her official resignation letter to the CSDD Board of Directors via email on Wednesday, Dec. 18.
“It is with a heavy, heavy heart that I am writing to formally announce my decision to resign from my position as CEO with the Cool Spring Downtown District effective Jan. 2, 2025. This decision was not made lightly, and it comes with deep gratitude for the opportunity to serve this incredible organization and community,” said Shoneman in the email.
Shoneman will be moving forward with a new position as as Vice President of Community Development with the NC East Alliance, a regional economic development organization representing 29 counties in eastern North Carolina. NC East Alliance has a history of economic development in eastern NC since the early 1990s.
“It was a very tough decision. I absolutely adore Fayetteville and this professional experience has been better than I could’ve ever imagined,” said Shoneman.
As Vice President of Community Development, Shoneman will oversee the Alliance's initiatives aimed at Community Development Planning and Impact, Leader and Talent Engagement, and Regional Systems outreach.
"Bianca's proven track record of fostering economic vitality through innovative initiatives and her passion for rural development make her an exceptional fit for our team," said Todd Edwards, Chair of NC East Alliance in a press release. "Her leadership will be instrumental in furthering our mission to enhance the quality of life and economic opportunities across eastern North Carolina."
Shoneman began her time with CSDD in September, 2019. Since then, she has been able to foster growth within the organization. Her achievements include tripling the CSDD budget and seeing a 21% increase in the value of the Municipal Service District. She and her team curated over 100 free community events and numerous placemaking initiatives. Previously, she also led Uptown Greenville through significant revitalization efforts, attracting over 600,000 square feet of new residential and commercial development.
Some other the accomplishments of the CSDD include:
“These successes are a testament to the collective efforts of the board, staff, community partners and supporters, all of whom have contributed to the transformation and vitality of downtown Fayetteville,” Shoneman shared in her letter. “I am grateful for the trust, support and collaboration I have experienced during my time with Cool Spring Downtown District. I remain deeply invested in our mission and will do everything I can to ensure a smooth transition.”
Shoneman will be discussing the next steps for her departure at an Executive Committee meeting scheduled for Monday, Dec, 23 at 12 p.m. at the CSDD office. She will address any immediate concerns, outline priorities and finalize plans to move forward. She will also be presenting an updated job description and providing input on where to announce the job opportunity.
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