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Tuesday , May 21 2019
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Home | News | Former JC Penney Building Approved for Facade Grant Funds

Former JC Penney Building Approved for Facade Grant Funds

On Wednesday, officials with the Downtown Management District (DMD) Board of Directors announced their approval of a Commercial Façade Improvement Grant application for the former J.C. Penney building at 324 E. San Antonio Avenue.

“The DMD will continue to support the vision of property owners in downtown with grant programs such as these. These beautification efforts represent steps forward that collectively will take us into the future with an ever-evolving downtown that will attract additional investment,” said DMD Executive Director, Joe Gudenrath.

The applicant – M.J.C.P. L.L.C. – was awarded up to $25,000 for the $86,025 project, located in Downtown El Paso (DTEP).

This project is intended to restore the building to its original design. Planned façade improvements on the property slated for retail and residential mixed use, include: cutting and removal of mortar panels, cleaning of the original façade, patching and repair of original facade, installation of pedestal globes at rooftop parapet, restoration of original windows, removal of metal awnings and installation of new or refurbished metal awnings, and the addition of cloth awnings.

The program provides matching funds to existing businesses and/or property owners to make improvements to the exterior of buildings in the boundaries of the El Paso DMD, and/or the Tax Increment Reinvestment Zone No. 5 (TIRZ).

The program is managed by the DMD with funding from the DMD and TIRZ. Applications are considered on a first-come, first-serve basis while funding is available. Applicants can apply for up to $25,000 in reimbursement funding.

The Commercial Façade Improvement Program is one of four downtown grant programs offered by the DMD, such as Iconic Signage and Lighting Program, Pedestrian Corridor Improvement Grant Program, and the Mural Grant Program.

Interested applicants can obtain program guidelines and applications by calling the DMD office at 915-400-2294 or by going online.

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