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PO Box 1212 Tampa, FL 33601 Pinellas Updated November 2024
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RETURN TO NEWS INDEX Tax revenue could help improve facades of Ybor buildings The money was generated by a special tax district within Ybor City. This year, grants totaling roughly $100,000 are available for the façade improvements. Three other sites recommended to receive grants are: New York New York Pizza, 1512 E. Seventh Ave.; the building that houses Czar club and Zoya lounge, 1430 E. Seventh Ave.; and the Roal building at 1517 E. Seventh Ave., which houses a Stone Soup restaurant and a retail and professional office. The grants would pay for up to half the cost of each business' planned façade improvements. The maximum grant amount a business can receive is $50,000. Instead of selecting only two businesses to receive $50,000 grants this year, the Ybor City Community Redevelopment Area is recommending smaller grants for the five businesses, said Vince Pardo, who manages the redevelopment area. Another committee also must recommend the grants, and the Tampa City Council would give final approval. If that happens, the improvements likely would be completed by May 2013. John Nertney, chief financial officer for the companies that own the Ritz building and the building housing the Czar and Zoya, said the grants would be a great help. "My understanding of the program is they only have so much money and they're trying to spread it around to do the most good for the most people," he said. "We're grateful to get any share that makes sense for Ybor." Among factors considered for the initial grant recommendations: which businesses are along Seventh Avenue; which produce the best returns for Ybor; which are within historic buildings; and which involve restaurants, the arts or multiple uses. The façade program previously provided grants to Ybor City businesses including Gaspar's Grotto and the Ferlita Macaroni Factory. |
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