CRA approves commercial property improvement grant for downtown

The Fort Myers Community Redevelopment Agency recently approved a Commercial Property Improvement Matching Grant for the Downtown redevelopment area.

The grant is in the not-to-exceed amount of $50,000 for The Broadway LLC’s property, The Franklin Shops, located at 2200 First St.

The grant will be used to replace damaged glass blocks on the frontage and side of the building.

The CRA Commercial Property Improvement Grant Program is a matching grant for commercial property owners and businesses within Fort Myers redevelopment areas. The maximum potential grant available for a project in Tier I is 75 percent of the total eligible expenditure, with a maximum award of $50,000. The Fort Myers CRA has offered commercial preservation incentives/ grant programs since 2010 and grant awards are based on the availability of funds.

More information on the CRA’s Commercial Property Improvement Grant Program can be found at https://www.fortmyerscra.com/incentives/commercial-property-improvement-matching-grant.