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Invest Atlanta Announces Downtown Façade Improvement Grant Awardees

ATLANTA - Invest Atlanta today announced that it plans to award nearly $2 million dollars to 20 grant recipients whose proposals have been accepted as part of the Downtown Façade Improvement Program. The process, launched earlier this year, called for grant applicants located within the Westside and Eastside TADs to submit projects for consideration that had the potential to visually enhance the Atlanta Streetcar corridor.

Awards will range from $20,000 to $400,000 and individual projects will be launched pending final negotiations and review of the proposed enhancements. The planned enhancements will touch commercial, retail and live/work developments and will leverage the private investments of the property owners to fund the projects. Grant applicants were required to commit to funding at least one-third of the total project cost for consideration to receive the grant.

“This public/private partnership is leveraging combined resources to ignite economic development opportunities for Atlanta Streetcar Corridor,” said Mayor Kasim Reed. “The development happening today in Atlanta is unprecedented and projects like this continue the momentum and ensure continued growth opportunities for Downtown and the Sweet Auburn neighborhood.”

A full list of awardees can be viewed here: http://www.investatlanta.com/opportunities/2014- downtown-facade-improvement-awardees.

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