05-04-2006 $1,000,000 For Commercial Corridor Improvements

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2005 Commercial Corridor Accomplishments Lincolnway West Matching Facade Grants Program • 31 grants with a total of$966,837.52 in investment • $728,565.76 of private investment • $238,271.76 of public investment Acquisition,Demolition, and Redevelopment • This is to facilitate new development and make improvements along the corridor. • Recent notable projects: - The construction of a Teacher's Credit Union (TCU) branch on the corner of Lincoln Way and Cushing injected $1,250,000 of private investment - Acquisition and demolition of the Plasma Center building on the 500 block of LWW - Involvement in acquiring residential land for Fire Station#2 - Adaptive reuse of the former Smitty's Garage at 815 LWW for conversion into an art studio - Improvements to Gene's Camera Store building at 513 LWW Streetscape Enhancement Projects • New sidewalk, walkway, curbs and trees along the corridor between LaSalle Avenue and Dr. Martin Luther King Jr. Drive • Infrastructure improvements on N. Taylor Street • Narrowing and infrastructure/streetscape improvements on Dr. Martin Luther King Jr. Drive • Purchase and installation of 14 flower planters at key intersections • Purchase and installation of 34 trees along the Corridor Additional Programs & Accomplishments • The Corridor has produced a marketing brochure and logo to publicize the area as a positive place to do business • The Corridor has continued to provide money for additional police patrols to improve safety in the area • The Corridor has developed an alley lighting program and installed 77 alley lights in residential areas adjacent to LWW Portage Ave. Matching Facade Grant Program • 13 grants with a total of$164,434 in investment • $69,416 in private investment • $95,018 in public investment Streetscape Enhancement Projects • In 2005,the project to install new curbs, sidewalks and trees from California to Angela was completed. -more -