DATE: March 31, 2017
MEDIA CONTACT: Steven Tinsley
PHONE: 954-357-6400
EMAIL: stinsley@broward.org
Broward County, FL - The Broward County Commission approved its first pilot project under the Broward Municipal Services District (BMSD) Economic Development Program. The WAL BRI, LLC project was initially selected by the Office of Economic and Small Business Development (OESBD) based on the redevelopment concept, as well as their readiness and capacity for completion. The project involves over $85K in matching grant funds from the County for façade/property improvements for the mixed-use development, located in the BMSD at 681 NW 27th Avenue.
Currently, the WAL BRI, LLC site consists of three commercial small businesses on the first floor and one residential unit on the second floor. The development has experienced high tenant turnover due in part to the need for aesthetic improvements which will now be realized in conjunction with the County. As part of this program, Broward County's Construction Management Division will serve as project manager.
"It's great to kick off the BMSD Economic Development Program with such a substantial project that has the potential to directly impact the attractiveness of existing businesses," said Sandy-Michael McDonald, OESBD Director. "We're looking forward to announcing more projects in the BMSD to further improve the quality of life for residents."
The BMSD Economic Development Program is part of the County Commission's ongoing revitalization efforts inclusive of matching grants, strategic land assembly and a revolving loan fund. The program was developed to enhance the potential long-term viability of existing businesses located along the BMSD commercial corridors, create opportunities for new private investment and increase employment opportunities.
For more information on the BMSD Economic Development Program and the County's other Retention and Expansion activities, contact Steven Tinsley, Economic Development Manager, at 954-357-6400 or visit us online.
The Office of Economic and Small Business Development
The mission of the Office of Economic and Small Business Development is to enhance Broward County's economy and contribute to an improved quality of life for all residents. Areas of focus include value-added job creation, business expansion and retention, small business growth, business development, international trade development, export readiness and entrepreneurial training and development. Services are delivered by the agency and through partnerships with state, local and private sector organizations. The Office of Economic and Small Business Development promotes equal access to Broward County procurement opportunities for small business enterprises in local and federal small business programs, and helps position small businesses and aspiring entrepreneurs to take advantage of opportunities, and grow their businesses beyond Broward. Call 954-357-6400 for more information or visit Broward.org/EconDev.
About Broward Municipal Services District
The 2017 BMSD consists of 11.4 square miles with an estimated population of 14,759. The Board of County Commissioners is the governing body of the BMSD and the provider of its municipal services that include, but are not limited to, business development, building permitting and housing development, libraries and parks facilities, roadway maintenance, street enhancements, and zoning and code enforcement.
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