Five groups in Five Points awarded grant money

By February 5, 2015Development News

Five properties along the Welton corridor in Five Points were recently awarded $475,000 in the first-ever Welton Design/Development awards given by the Office of Economic Development.

The awards are planning grants geared toward taking away some of the risk of property owners and allowing them to engage architects, engineers and financial consultants to help put together a vision for the property.

“This is one of the most innovative strategies we’ve seen deployed in urban revitalization,” OED director Paul Washington said.

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