Submitted by kpaul.mallasch on Fri, 05/04/2007 - 2:34am.
Cities: AndersonCounties: Madison CountyMFP Tags: Downtown Anderson, Anderson Downtown, Mayor Kevin Smith, Kevin SmithTopics: BusinessTypes: News
Cities: AndersonCounties: Madison CountyMFP Tags: Downtown Anderson, Anderson Downtown, Mayor Kevin Smith, Kevin SmithTopics: BusinessTypes: News
Thirteen Downtown Anderson Properties Due for Facade Facelifts
ANDERSON, IN - Anderson Mayor Kevin S .Smith announced yesterday another 13 downtown properties that will receive exterior upgrades this summer, thanks to a Downtown Façade Program. The program is coordinated by the city’s Community Development office.
Exterior upgrades by the 13 winning applicants will bring a total private investment of $332,000 and city investment of $138,000 into the downtown. This program requires downtown business owners to contribute a 50% match, dollar-for-dollar, in order to obtain a forgivable loan to restore the façade of their building. Examples may include adding new shutters, entryways, flower boxes, windows, parking lot improvements, green space, large flowerpots, banners, and a variety of other exterior improvements.
In 2006, the Downtown Facade Program assisted ten businesses with a proposed investment of $145,000.
“Revitalization of Central Anderson and job creation are focuses of our plan to rebuild this city,” said Mayor Smith. “These awards support both of these principles. In 2005, we adopted the first Comprehensive Plan in 40 years. Key elements of the Comprehensive Plan in the downtown are preservation and enhancement of its aesthetic quality and historically significant character.”
Approvals were made based upon a formal ranking process assigning point values for the owners ability to leverage funds, location of the building, overall design/aesthetics, and historic significance, noted Katie Goar, Director of Community Development and Long Range Planning.
Recipients of Façade Grants include:
- Athena Plus/Continental Design, 1521 Meridian & 1524 Jackson - $25,000 (city award), $34,838 (owner contribution), $59,838 (total investment).
- Red Hot Motors, 515 Meridian St. - $25,000 (city award), $31,494.20 (owner contribution), $56,494.20 (total investment).
- Jerry Alexander, 231 E. 13th St., - $16,864 (city award), $16,864 (owner contribution), $33,728 (total investment).
- Terry Thurman, 1011-1013 Meridian Street - $14,487.50 (city award), $14,487.50 (owner contribution), $28,975 (total investment).
- Cleveland Properties, 1406-1418 Jackson St. - $11,000 (city award), $11,000 (owner contribution), $22,000 (total investment).
- Quizno’s, 1023 Meridian St. - $10,512.50 (city award), $37,587.50 (owner contribution), $48,100 (total investment).
- Paramount Theatre, 1124 Meridian St. - $10,000 (city award), $22,650 (owner contribution), $32,650 (total investment).
- Gentry’s Cabinets, 415 Main St. - $7,647.76 (city award), $7,647.77 (owner contribution), $15,295.53 (total investment).
- Kroakerhead’s, 1239 Meridian St. - $5,000 (city award), $5,000 (owner contribution), $10,000 (total investment).
- Moneyhun’s Fine Gifts, 115 W. 8th St. - $4,451.41 (city award), $4,451.41 (owner contribution), $8,902.82 (total investment).
- The Anderson Center for the Arts, 32 W. 10th St. - $3,054.83 (city award), $3,054.83 (owner contribution), $6,109.67 (total investment).
- Richard Ward & Associates, 920 Main St. - $2,581.28 (city award), $2,581.28 (owner contribution), $5,162.56 (total investment).
- Gruenewald Home, 626 Main St. - $2,500 (city award), $2,500 (owner contribution), $5,000 (total investment).
Source: City of Anderson Press Release
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