Ames, IA – Ames Main Street (AMS) was awarded a $75,000 Challenge Grant through the Iowa Economic Development Authority and Main Street Iowa during a virtual presentation on Thursday, October 15.
The grant will be used to rehabilitate the buildings at 330 5th Street and 412 Burnett Avenue owned by Jerry Nelson. Nelson plans to fully restore the space with a full façade update and updating the interior utility and mechanical features for new entrepreneurs and businesses to secure a “like new” space within Downtown.
“Jerry’s choice to address the eyesore of these two buildings within our downtown reflects a broader desire to see increased vibrancy within our Downtown District,” says John Hall, Executive Director of Ames Main Street. “It’s clear that his vision for these properties will significantly change the impact of that corner of our downtown and provide visual interest to buildings that have been long neglected. His choice to rehabilitate and repurpose this space for future tenants underscores his commitment to our community.”
The entire project investment is $407,000 with construction expecting to begin this fall and expected to complete Spring 2021. Nelson has already started the search for tenants to lease the space upon completion.
Ames Main Street was established on January 1, 2009. Its mission is to advance and promote downtown as the destination district in the heart of our community. To keep updated on AMS happenings, become a fan of Ames Main Street on Facebook, bookmark www.AmesDowntown.org, or contact our office at 515-233-3472. AMS is an affiliate organization of the Ames Chamber of Commerce.
John Hall | Executive Director, Ames Main Street | 515-232-2310 | email@example.com