Your building’s appearance could be your most valuable marketing tool. Are you making the most of it?
Upgrading your business can be a great way to engage with new customers and reconnect with old ones. Studies have shown that improvements to commercial buildings often lead to increased sales that are sustained over several years. These improvements have been shown to attract new customers not only to the improved business, but to the surrounding retail district as well.
Whether you are interested in completely redesigning your storefront, renovating your building’s interior, improving landscaping, or extending your outdoor seating and display areas, the Urban Renewal Improvement Program Opportunity Fund can help.
The fund has two programs: the Exterior Improvement Program and the Interior Improvement Program. Both programs provide up to a 50 percent funding match (up to a maximum of $25,000 per building) for building improvements. The Exterior Improvement Program provides funding for improvements to the frontage, landscape, and rooftop appearance of eligible commercial buildings. Funding for art projects is also available through this program. The Interior Improvement Program funds interior tenant improvements for new restaurants, cafes, bakeries, or similar businesses with the capacity to attract new customers and foot traffic to Downtown that move into currently vacant commercial spaces.
Matching grant applications will be reviewed by the Urban Renewal Improvement Programs Committee. The following factors will be considered in selecting a project
- The potential for positive impact on walkability (or view from Pacific Highway).
- The potential for the project to improve the Downtown as a business district.
- Maximizing private investment (ratio of public funds to private funds).
- Projects located on SW Main Street will be prioritized.
For projects that are selected for a matching grant:
- Plans submitted will be reviewed by the City of Tigard Planning and Building Divisions (if required). Approved plans, together with construction bids and construction schedules, are reviewed to determine the final grant amount.
- After signing a City Center Development Agency letter of commitment to carry out the project, applicant contracts on their own for construction and installation.
- Upon completion, the grant amount is awarded. Arrangements can be made for partial awards upon completion of specific project phases.