For each year the business is open and operating, 20 percent of the loan will be forgiven. The term of the loan will be five years from the issuance of a Certificate of Occupancy. “We are thrilled to announce this new program and ready to attract and partner with the best Tampa Bay businesses for our fast-growing downtown,” Taylor said. “The Anchor Tenant Incentive Program will give that extra boost for businesses to locate here and succeed.” “Downtown Clearwater is aggressively positioning itself as a premier destination for dining, entertainment, business, arts and culture,” said Seth Taylor, director of the city’s Community Redevelopment Agency. Participants can also use the loan-to-grant incentive program for business start-up costs, including rent subsidy, furniture, fixtures and equipment.īusiness plans that offer a unique and enterprising project that serves as a business catalyst for Downtown Clearwater can apply for additional financial incentives, above the $250,000 for interior building improvements, through the Anchor Tenant Incentive Program. Room and space reconfiguration including wall relocation Structural stabilization including repair and replacement of foundations, footers, load-bearing walls and roofing systems
The interior building improvements include:Īmerican with Disabilities Act requirementsįlorida Fire Protection Code requirementsĪir conditioning and heating and mechanical upgrades Program participants can receive a maximum of $250,000 that must be dedicated to interior building improvements. The strategy leverages Downtown Clearwater’s potential as a vibrant destination for people of all backgrounds to live, work and play. The city’s revitalization strategy focuses on growing downtown’s dining, entertainment, business and art scene. The program’s goal is to attract anchor restaurants and brew pubs to Downtown Clearwater, which will open the door for other retailers and entrepreneurs to invest downtown. The Anchor Tenant Incentive Program, which was approved today by the city of Clearwater’s Community Redevelopment Agency board, will provide loan-to-grant funding of up to $250,000 to participating property owners and commercial tenants in Downtown Clearwater.
The city of Clearwater’s Community Redevelopment Agency is starting a bold financial incentive program to attract restaurants and brew pubs to Downtown Clearwater. Restaurant and Brew Pub Incentive Program Set to Transform Downtown Clearwater
0 kommentar(er)
