Two commercial properties are each receiving up to $20,000 of improvement funds from the Hollowell/ML King Tax Allocation District (泰德) 小型企业 Improvement Grant.
The building owned by Cal Properties, located on James Jackson Parkway, 是13,125平方英尺, multiple tenant commercial center built in 2000. The structure includes eight storefronts currently occupied by seven tenants, including a beauty supply store, 沙龙, 理发店, 便利店, 社交俱乐部, natural food store and a clothing store.
The grant will help complete necessary improvements such as repainting the exterior of the building and repairing the parking lot. 额外业主资金, including the required 20 percent match, will pay for security cameras around the property and landscaping.
A. Lawson Auto Center on Donald Lee Hollowell is a 2,500-square-foot auto service garage that’s been in business for more than half a century. The son and daughter of the original owners have grown the family business over the past 16 years to include Lawson’s Florist, 哈劳森税 & Office Services and Lawson Auto Sales.
Grant funds will be used for the removal and replacement of damaged asphalt in front of the building and additional owner funds will pay for tree stump and root systems removal on the west side of the property.
Invest Atlanta launched the 小型企业 Improvement Grant in 2019 to strengthen local businesses by using tax increment for matching grants toward the improvement of commercial buildings.
“Helping our small businesses grow and thrive enhances economic development,” says Alan Ferguson, senior vice president of 社区发展 at Invest Atlanta. “This is one of the initiatives we’re promoting in terms of economic mobility and equity and inclusion within the city.”