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06-19-2007 Commercial Corridors Spur New Business Growth
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06-19-2007 Commercial Corridors Spur New Business Growth
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Commercial Corridor Accomplishments <br /> Lincolnway West <br /> 3V <br /> Facade Matching Grant Program <br /> 43 grant awards made since 2002 1' <br /> $770,300.50 in private investment <br /> $304,504.50 in public investment , <br /> Li <br /> On average, for every dollar of public <br /> investment made, two and a half dollars a <br /> of private investment is made. <br /> Property Acquisition, Demolition, and Redevelopment <br /> Ongoing redevelopment of LaSalle Square <br /> Rehabilitation and adaptive reuse of Smitty's Garage for art studios and <br /> classrooms: Studio 815 <br /> Acquisition of residential land for the new <br /> [� fire station at the corner of Chapin and <br /> l/ � LWW. $100,000 contribution to the <br /> i � ► 11 12 -! development of the facility <br /> Demolition and relocation of the Plasma <br /> - Center, formerly located in the 500 block <br /> of LWW adjacent to Gene's Camera Store. <br /> The site is now used for Gene's Camera <br /> Store parking <br /> Construction of Teachers Credit Union -- - <br /> branch, injecting $1,250,000 of private <br /> investment <br /> Brownfield identification and <br /> environmental assessment activities "r-7 ;9 -� ; <br /> Acquisition and demolition of blighted and e��r: <br /> substandard buildings, such as Bullseye <br /> Liquor Store, Recovery House, and White <br /> Lightning <br />
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