Monthly archive - November 2013

City Awards Tenant Improvement Grants to Seven Retail Businesses

The City of College Park recently announced a total of $25,000 in Retail Business Improvement Fund awards to seven locally-owned and independent businesses for tenant improvements to their buildings.  Established this year, the program provides matching grants to existing, qualified businesses for improvements including electrical repairs, façade work, flooring, green initiatives, HVAC upgrades, and several other items. While the City received ten applications, this year’s seven awardees are Azteca Restaurant and Cantina, Bananas Hair Design, Cornerstone Grill & Loft, Fishnet, Hanami Japanese Restaurant, RJ Bentley’s, and Wood’s Flowers and Gifts. The grants ranged from $1,125 to the maximum of $5,000 and the improvements will be completed in the coming weeks and months. The total costs of the improvements are estimated to be $75,844, which results in $50,844 of private funding after the City’s match funding. The program is generating over two dollars of private funding for each dollar of City funding expended.

Established to help the City retain high-quality retail tenants, the Retail Business Improvement Fund was conceived through discussions with local retailers who cited funding for ongoing improvements as a primary need. Eligible applicants were limited to those with local ownership and outlets located only in the Baltimore-Washington metropolitan area. After the submittal deadline, the City reviewed applications and ranked them on criteria including the amount of private investment, business type, and length of operation in College Park among factors.

The Retail Business Improvement Fund replaced the City’s Business Sign Assistance Fund, which provided matching grants solely for the installation of new storefront signs. A new round of applications is expected to open beginning July 1, 2014.

College Park Development Update – November 2013 Edition

The latest edition of the College Park Development Update features news on the groundbreaking of the Maryland Book Exchange redevelopment, the approval of the Knox Boxes redevelopment, and the latest occupancy numbers for the large student housing complexes.

Let us know which of these developments you’re most looking forward to in the comments section below.

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Vintage Furniture Store Opening Tomorrow in North College Park

It’s not an everyday occurrence for a furniture store to open in College Park, but Peg Leg Vintage Goods is set to buck that trend tomorrow in a former auto parts store. Located at 9600 Baltimore Avenue, the store is owned by College Park residents and will open its door beginning at Noon.

Peg Leg will offer affordable vintage furnishings from virtually every bygone era and style.  Take a stroll through their showroom and unleash your inner design sense while letting your imagination run wild to create unique spaces for your home, even if you’re on a budget.  Whether you’re looking for the sleek and timeless lines of Mid-century Modern, a rustic industrial chic look to deck out your urban loft, or a touch of traditional elegance, you’ll find the perfect selection of furniture, wall art, accessories, lighting, and more at Peg Leg.

The store will be open Thursday-Sunday from Noon to 7:00pm and Monday-Wednesday by appointment. For updates on their latest items be sure to like their Facebook page or visit their website.

If you have a chance to stop by over the weekend let us know what you think about their selection in the comments below.