Mayor Graham Richard tonight announced that Wendy's will build a new restaurant at Southtown Centre. Mayor Richard made the announcement during his Report to the People speech to the Southeast Area Partnership.
“Hundreds of jobs are being created and millions of dollars are being invested at Southtown Centre,” said Mayor Richard. “Residents in southeast
Mayor Richard also announced the creation of a $150,000 Southeast Retail Incentive (PRISE) Program to assist small businesses. The program includes “Go Southeast” and “Grow Southeast.” PRISE stands for Prime Retail Incentives in Southeast.
“Go Southeast” will help attract new retail to the area by providing rental assistance to owners of small retail strip malls as an incentive tool to offer to potential clients. “Grow Southeast” is a grant program that provides a 50% funding match up to $10,000 for faÃ§ade improvements. The program can be used by owners and existing tenants of retail strip malls. Both programs are intended to enhance visual aesthetics, improve marketability and demonstrate that southeast
The proposed target areas include:
* Mark's City Market
“This new program will enhance the viability and appearance of our smaller retail centers,” said Mayor Richard. “Marketability and public-private partnerships are key drivers toward positive revitalization efforts.”