Title
Consider approving Resolution No. 2018-27 authorizing a Commercial Facade Revitalization Grant Agreement for 4300 - 4350 Alpha Rd.; and take appropriate action.
Body
BACKGROUND:
In 2012, a Commercial Facade Revitalization Program (Program) was developed and funded to encourage property owners to enhance the publicly viewed areas of their buildings. The Program is set up as a single payment reimbursement to property owners per building/business, and in some situations, tenants. Facade grants are available with a minimum project value of $2,000 and a maximum reimbursement of $50,000 per grant, unless otherwise approved by the City Council. Since the Program’s inception, ten grants have been approved: 12879 Josey Lane, 12895 Josey Lane, 3212 Beltline Road, and 2914-2920 Valley View Lane, 13610 Midway Road, 13740 Midway Road/Suite 700, and 13720 Midway Road/Suite 100; 200,4464 Sigma Road, and 4885-4887 Alpha Road, and 2275 Valley View Lane.
DISCUSSION:
The applicant, Kennington Commercial, is working with GFF Architects and Preston Pierce Construction and would like to propose the following updates to the properties located at 4300-4350 Alpha Rd. Estimated total value is approximately $1,106,586.49. Estimated total value of façade work is $774,522. They are requesting $50,000.00; staff recommends the maximum grant of $50,000.00
• Façade and soffit demolition
• Rock salt finish on sidewalks
• Installation of ADA ramps
• Curb and gutter landscaping
• Brick and relay on façade
• Stucco coated soffits
• Steel support columns
• New facia design for signage
• New storefront doors and glazing
• Paint entirety of exterior on all buildings
• Façade sign circuitry
• Replace recessed can trims
• Replace existing wall packs (LED)
POSSIBLE COUNCIL ACTION:
1. I move to approve Resolution 2018-27
2. I move to approve Resolution 2018-27, with modifications
3. I move to table the issue for further study or take no action
RECOMMENDATION:
City Administration recommends adopting Resolution No. 2018-27 approving Economic Development Incentives for 4300-4350 Alpha Rd. pursuant to the Commercial Façade Grant Program in the amount of $50,000.00
ATTACHMENTS:
1. Façade Grant Application for 4300-4350 Alpha Rd.
2. 4300-4350 Alpha Rd. Construction Bid
3. Facade Grant Agreement (4300 Alpha Rd)(Kennington Commercial)
4. Resolution 2018-27 Facade Grant (4300 Alpha Rd)(Kennington Commercial)
5. 4300-4350 Alpha Rd. Façade Grant PowerPoint PDF