Carrollton City Council Creates Industrial Rehabilitation Grant Program
The City of Carrollton is excited to announce new financial options for industrial property owners to help in the effort to enhance the quality and attractiveness of the Carrollton Community.
City Council discussed the proposal for a new Industrial Rehabilitation Grant Incentive Program during the Tuesday, August 6 worksession and approved the official program language at the Tuesday, August 20 Council meeting. Funding for the program will be included in the finalized FY20 budget.
“Part of the process behind creating this new opportunity is the success of the City’s retail [rehabilitation incentive] programs and how much impact it has not just on the retail centers receiving the money, but also the areas around them,” said Deputy Mayor Pro Tem Frances Cruz, who initially introduced the industrial rehabilitation grant idea to Council.
Cruz continued by explaining that there are a number of industrial areas that need improvement but don’t qualify for the retail program. She said she believes this program will encourage the necessary redevelopment.
When adopted, the program will be a performance-based, receipt-reimbursable matching grant for an owner of an industrial building at least 20 years old and whose building has frontage to Interstate Highway 35E (I-35E), President George Bush Turnpike (PGBT), or a major arterial street in Carrollton. The objectives of the program are job creation, adaptive reuse of aging buildings, corridor beautification, business attraction and retention, and expansion of the City’s economic base.
“Our goal in creating a program like this is to provide Carrollton business owners with the opportunity to revitalize existing structures, while simultaneously playing a key role in maintaining our community,” said Marc Guy, Assistant City Manager for Public Safety and Development Services. “Incentive grants support affordable improvements and enhance the sustainability of the City’s older industrial sectors.”
Carrollton’s Industrial Rehabilitation Grant Incentive Program will promote the renovation of aging industrial buildings such as those used for warehousing, distribution, office/flex, fabrication, assembly, and manufacturing. Property owners can receive up to 15 percent in reimbursements for such projects as landscaping, ornamental perimeter fencing, parking lots and driveways, lighting upgrades, signage, and building façades. Projects will be considered on a case-by-case basis regarding community benefit and alignment with program objectives.
“This dovetails right in with corridor beautification,” said Mayor Kevin Falconer. “The City of Carrollton has a lot of industrial [facilities], thank goodness.”
Industrial companies are great corporate citizens for Carrollton, according to Falconer. He believes focusing on rehabilitating locations on highways and arterial streets is a way in which the City Council can support its citizens and further help beautify areas of high visibility.
Qualifying improvements would allow for a one-time grant and must not be used for recurring maintenance. Incentives will not be granted to correct code compliance issues or to pay for improvements required by the City Council as part of a zoning change or Special Use Permit (SUP) approval.
“As the momentum in commercial/industrial development continues, the City’s cornerstone is a well-balanced residential and business economic base,” Guy said. “This program will be another key component in keeping Carrollton a thriving and updated place in the Metroplex to call home.”
Grant applications will be reviewed by City staff and the Council Redevelopment Subcommittee before being submitted to City Council for approval. A single payment is made upon verification of completion of the project.For more information about this grant program, to find out if a property is eligible, or to apply, visit cityofcarrollton.com/impact or call 972-466-3245.