Downtown Management District (DMD) Board of Directors announced Friday the approval of grant funds for Iconic Signage and Pedestrian Corridor Improvement projects.
The Downtown Iconic Signage & Lighting Grant Program provides funding to existing businesses and/or property owners within the DMD boundaries for the establishment and/or restoration of iconic signage and/or lighting installations.
The program provides matching grant funds on a reimbursement basis for approved eligible exterior iconic signage and lighting associated with buildings within the DMD. Proposed projects are evaluated based on innovation and creativity.
The “iconic” nature of a proposed project is evaluated by the grant review committee. The maximum grant available is $25,000. This grant, when awarded, provides two grant dollars for every eligible matching dollar invested, a 2:1 ratio.
Mills Plaza Parking II, LP, was granted a total of $19,368 in Iconic Signage and Lighting grant funds for signage on two parcels associated with the new Plaza Parking Garage currently under construction and nearing completion.
The blade signs on each street side will be 7’4” x 2’6” with illuminated push through “Plaza Garage” letters. The cost of the signage projects total $30,802.06.
The Downtown Pedestrian Corridor Improvement Grant Program provides funding to existing businesses and/or property owners within the DMD boundaries for improvements to the exterior spaces adjacent to or within the public right-of-way.
The program provides matching grant funds on a reimbursement basis for approved eligible improvements such as, but not limited to, landscaping, outdoor seating, or parklets. The maximum grant available is $10,000 and each grant dollar must be matched by a private investment dollar (1:1 ratio)
Under that grand program, 210 N. Campbell, LLC, was approved for $4,503.75 in Pedestrian Corridor Improvement grant funds – the estimated total project cost is $9,457.50.
The project on 210 N. Campbell Street will create a designated pedestrian walkway using Bomanite stamped concrete.
The Iconic Signage and Lighting, and the Pedestrian Corridor Improvement Grant Programs are two of four downtown grant programs offered by the DMD.
Other grant programs include the Downtown Commercial Façade Improvement Program and the Downtown Mural Grant Programs.
The vote to approve took place during the DMD Board of Directors meeting on Thursday, March 26, 2020.
Interested applicants can obtain program guidelines and applications by calling the DMD office at 915-400-2294 or by going online by going online.