Programs and Incentives

 

CITY OF MOUNT RAINIER

BUSINESS TOOLBOX PROGRAM

Business Development Incentives 

A Focused Economic Development Strategy: Business Attraction and Retention

A key strategy to ensure the city’s economic vitality is a diverse mix of retail and commercial establishments. The City would like to leverage private and public investments to support the retention, attraction, and expansion of quality retail within the city’s major commercial districts. The City would like to establish business incentives to fuel additional economic investments in the city’s major commercial districts, which include: The Mixed-Use Town Center (M-U TC) zone; Queens Chapel Road; Varnum Street; and the industrial areas: Otis Street and Wells Ave.

 

TOWN CENTER BUSINESS ATTRACTION AND EXPANSION PROGRAM OVERVIEW

The goal of the Town Center Business Attraction and Expansion Program (TCBAEP) is to support the City’s economic development goals to attract high-quality retail businesses to Mount Rainier’s Mixed-Use Town Center (M-U TC) zone. The City’s M-U TC zone development plan (aka “The Plan”), identifies targeted areas of opportunity for infill and major/minor renovations. Specific vision strategies are broken down among three distinct districts. Business attraction and expansion efforts will focus on the development/renovation recommendations identified in the plan. Applications will be accepted on a first come, first serve basis, and will be reviewed and ranked based on meeting the program criteria and design guidelines.

The program is supported by a $50,000 grant from the Maryland Department of Housing and Community Development, Community Legacy Program. The applicant will be eligible to receive a dollar-for-dollar matching grant, of up to 50% of the total project cost, not to exceed $10,000 per building, to assist with exterior and interior improvements of eligible businesses in the M-U TC zone. Awards will be made on a reimbursable basis only. The City of Mount Rainier reserves the sole right to amend, add, or delete any part or subpart of this program.

Town Center Business Attraction and Expansion Program (TCBAEP)  Application Material

  1. TOWN CENTER BUSINESS ATTRACTION AND RETENTION program guidelines 2015 rev 22316
  2. Town Center Business Attraction and Expansion Program Appl Packet 2015 rev 22316Round 1 Deadline, January 14, 2015 ​- APPLICATION DEADLINE EXTENDED: Friday, February 19, 2016. Applications Closed, Next Round: April 2016
  3. Program Pilot Project: Case Study Bird Kitchen and Cocktails
  4. Program Information/Design Workshops –  December, 7, 2015
  5. Rebranding the Town Center Through Design – ED Design & TCBAEP Presentation Dec 7 2015
  6. Program Information/Design Workshops #2 –  January 7, 2015

TCBAEP Business Participant

Adinkra Cultural Arts Studio  (3802 – 3808 34 St)

 

 

Email econdev@mountrainiermd.org for more information.ED Presentation JAN 7 2016